The UK Supreme Court has prevented Venezuelan President Nicolás Maduro from accessing $1.95bn (£1.4bn) of gold stored in the Bank of England (BoE). Mr Maduro says the cash will be used to fight Covid-19 in the country. The Supreme Court overturned a prior Court of Appeal ruling, meaning only opposition leader Juan Guaidó, who the […]
When the world started to take notice of Evergrande’s $300bn (£226bn) debt crisis earlier this year, some asked whether it would become China’s “Lehman moment”. Since then it has become clear that Beijing is handling the situation in a very different way to how Washington dealt with the bankruptcy of investment banking giant Lehman Brothers […]
Presidential spokesperson Garba Shehu has said that Turkey will partner with Nigeria to tackle insecurity in the country. Mr Shehu who was a guest on Channels TV’s Sunday Politics, said this while giving some insight into the gains from President Muhammadu Buhari’s just-concluded trip from Istanbul. He added that Turkey is an experienced nation as […]
Chinese artificial intelligence start-up SenseTime Group has relaunched its $767m (£580m) Hong Kong share sale. The announcement comes a week after the listing was pulled as Americans were banned from investing in the firm. Washington has accused SenseTime of developing facial recognition software to determine people’s ethnicity, with a focus on identifying ethnic Uyghurs. The […]
The Force Commander of Multinational Joint Task Force (MNJTF), Major General Abdul Khalifah Ibrahim, has met with the President of Niger Republic, Mohammed Bazoum and the country’s Chief of Defence Staff (CDS) Major General Salifou Mody. During the meeting on Sunday, discussions centred mainly on improving the synergy and cooperation between MNJTF and national forces […]
Foreign Secretary Liz Truss will replace Lord Frost as the UK’s lead negotiator with the EU in post-Brexit talks. She will retain her role as foreign minister alongside the new post leading negotiations over the Northern Ireland Protocol. It follows the resignation of Lord Frost as Brexit minister on Saturday. MP Chris Heaton-Harris will become […]
The Minister of Transportation, Rotimi Amaechi, has said that the Abuja-Kaduna train service generates at least three hundred million naira (N300,000,000) for the country every month. Speaking as a guest on Channels Television’s Hard Copy, Amaechi said his ministry is beginning to contribute to the nation’s economic growth. “We make N300million per month from the […]
The Nigeria Cricket Federation (NCF) says it has developed a Nigerian coaching template for its personnel while awaiting its approval from the International Cricket Council (ICC). President of the NCF, Uyi Akpata, said this on the sideline of the Annual General Meeting of the federation in Abuja on Saturday. Akpata said one of the key […]
CNN is closing its offices in the United States to all nonessential employees as COVID-19 cases increase, the network said on Saturday in an internal memo to staff seen by Reuters. CNN, part of AT&T Inc’s WarnerMedia division, will close its offices to all employees who do not have work in the office, the memo […]
When the US intelligence community first picked up signs in the fall that Russia could be preparing a new attack on Ukraine, President Joe Biden directed his administration to act — and fast. Wary of repeating mistakes made in 2014, when the US and Europe were caught off guard by Russia’s annexation of Crimea, Biden […]