Alibaba shares have slumped by more than 10% in Hong Kong trade after the Chinese online retail giant warned of a slowdown in consumer spending. The company forecast that its annual revenue would grow at the slowest pace since its stock market debut in 2014. The weak figures underscore the firm’s struggles with increasing competition […]
Nigeria has been given the mandate to host the 2022 Global Information Literacy Week of the United Nations Educational, Scientific and Cultural Organisation (UNESCO). The decision was reached at the UNESCO headquarters on Thursday in Paris, France, during a meeting of the Minister of Information and Culture, Alhaji Lai Mohammed, with the UNESCO Assistant Director-General […]
Nigeria and the Republic of Korea are working closely to advance e-governance in Nigeria’s Public Service and that of Cameroon, a Korean international cooperation agency, said in a statement on Friday. The Korea International Cooperation Agency (KOICA) said that a workshop held in Abuja on Thursday with representatives from both countries provided an avenue for […]
Facebook has written to the Los Angeles Police Department (LAPD), demanding that it stop setting up fake profiles to conduct surveillance on users. This comes after the Guardian revealed that the US police department had been working with a tech firm, analysing user data to help solve crimes. Facebook expressly prohibits the creation and use […]
Israel on Thursday reaffirmed its commitment to support the Nigeria-Israel Business Forum (NIBF) initiative to further deepen economic cooperation between the two countries. Mr Yotam Kreiman, Charge d’ Affairs of Israel to Nigeria, made this known in his address at the NIBF 2021-Annual General Meeting organised by the Forum in Abuja. Yotam, also Acting Israeli […]
The Lagos State Government has called for restraint over the report of the Judicial Panel of Inquiry on Restitution for Victims of SARS Related Abuses and Other Matters. On Monday, the Panel submitted its report to the Lagos State Government. However, a leaked version of the report indicting the state government and the Nigerian Army […]
Apple has announced a “self-service repair” programme so “customers who are comfortable” can fix their own devices. At launch, in early 2022 in the US, it will cover replacing the batteries, screens and cameras of recent iPhones. But Apple’s new repair store will sell more than 200 parts and tools. It comes after months of […]
MTN Nigeria Communications Plc has entered into partnership with Landafrique Nigeria Limited to deploy fibre-optic infrastructure connecting homes and businesses in Agbara Estate in Lagos. The partnership spans 10 years, and covers the deployment of MTN FibreNet Broadband internet services with at least 5 Megabits per second (Mbps) and internet throughput to each housing unit; […]
The just concluded 2021 Diaspora Investment Summit (NDIS21) created the opportunities for participants to explore the business and sponsorship opportunities in Nigeria’s 36 states, according to NiDCOM Chairman/CEO, Mrs Abike Dabiri-Erewa. The NiDCOM chair told NAN that the objective of the two-day summit which had 33 businesses in attendance, was achieved the objective for which […]
Crisis-hit Chinese real estate giant Evergrande is selling its entire stake in film and television streaming company HengTen for $273m (£200m). The move comes as the world’s most indebted developer has been struggling to meet interest payments on its loans. In another sign of the cash crunch in China’s property market, another big firm is […]