Alibaba
Saudi Aramco shares jump 10% on stock market debut
Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman.
China now requires face scans for all new mobile phone accounts
China on Sunday put into effect new regulations that require Chinese telecom carriers to scan the faces of users registering new mobile phone services, a move the government says is aimed at cracking down on fraud.
Saudi Aramco IPO’s retail tranche attracts $12.6 billion
Saudi Aramco has received bids for its shares totalling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public offering on track to be over-subscribed.
Manchester City owners in record valuation after US investment
The parent company of Premier League champions Manchester City has been given a global record sports valuation of £3.73 billion ($4.8 billion) after US equity firm Silver Lake acquired just over 10 per cent of the company on Wednesday.
Aramco posts $1.71 trillion in blockbuster IPO
Saudi Arabia on Sunday put a value of up to $1.71 trillion on energy giant Aramco in what could be the world’s biggest IPO, but missed Crown Prince Mohammed bin Salman’s initial target of $2 trillion.
VP Osinbajo receives AliBaba co-founder Jack Ma — in pictures
Vice President Yemi Osinbajo on Thursday met with the Co-founder of AliBaba Group, Jack Ma, at the Presidential villa.
Global stock trading platform Chaka launches in Nigeria
Chaka, a global trading platform that allows users to invest in stocks listed on foreign stock exchanges has launched its products in Nigeria.
US expands trade blacklist to include China’s top AI startups
The U.S. government expanded its trade blacklist to include some of China’s top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week.
Jack Ma steps down from China’s Alibaba
Jack Ma, one of China’s richest men, will step down next week as chairman of Alibaba, but the start-up he built into an online retail behemoth is expected to keep thriving into a new era thanks to a culture of innovation he helped nurture.
Google Assistant now lets you assign reminders to other people
You will soon be able to assign reminders to specific members of your household with Google Assistant on Android phones and Nest Home smart speakers and smart displays, a company spokesperson said in an email.
Google accounts now let Android web users authenticate with fingerprint
Google is making it easier for Android users to authenticate themselves through the mobile web by allowing them to verify their identity using only their fingerprint.
Facebook digital currency operation ‘poses risks to global banking’
Facebook’s plan to operate its own digital currency poses risks to the international banking system that should trigger a speedy response from global policymakers, according to the organisation that represents the world’s central banks.
Amazon topples Google, Apple as world’s most valuable brand
Jeff Bezos’ Amazon, the US retail giant has moved past hi-tech titans Apple and Google to become the world’s most valuable brand, a key survey showed Tuesday.
China to mark year of the pig with ‘Peppa Pig’ movie
China is set to mark the Year of the Pig with a film starring “Peppa Pig,” despite a backlash against the popular British cartoon character earlier this year.
Omoyele Sowore: Atiku Abubakar will sell Nigeria on Alibaba
The Presidential candidate of the Africa Action Congress (AAC), Omoyele Sowore, has accused former Vice President and the flag bearer of the People Democratic Party, PDP, Atiku Abubakar, of planning to sell Nigeria.
China’s richest man Jack Ma now a Communist Party member
Jack Ma, founder of Chinese tech giant Alibaba, is among the world's richest people but he has now emerged as a member of another club: China's 89-million-strong Communist Party.
Saudi Arabia’s production cut hikes oil prices
Oil prices climbed on Monday as the world’s biggest supplier Saudi Arabia announced plans to cut production, in the face of fears of oversupply.
Report: Value of Alibaba’s on-demand online services hits $30 billion
Alibaba Group’s newly formed on-demand online services unit has rocketed in value to as much as 30 billion dollars after raising four billion dollars in fresh funds, people with knowledge of the situation told Reuters.
Recent Stories
Senator Marafa: Governors plotting to replace Adams Oshiomhole with Abdulaziz Yari
Kabir Marafa, a former senator, said some governors are plotting to replace Adams Oshiomhole, national chairman of the All Progressives Congress (APC) with AbdulAziz Yari, former governor of Zamfara state.
Wayne Rooney confesses his ambition to manage after he retires from playing
Wayne Rooney admits he has a desire to get into football management as he prepares for his return to the English game in January.
Lebanon premier asks World Bank, IMF help with economic rescue plan
Lebanon’s caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country.
Yuletide: Army advises Nigerians to be security conscious
Maj.-Gen. Usman Yakubu, Commander Corps of Artillery, Kontagora has called on Nigerians to be more security conscious before, during and after the Christmas and New year festivities.
Insecurity: General Buratai tasks non-commissioned officers
The Chief Of Army Staff, Lt-Gen Tukur Buratai, has called Senior Non-Commissioned Officers (SNCOs) to display fresh innovations in tackling security challenges facing the country.
Most Popular
University of Ibadan honours Air Peace boss
Chairman of Air Peace, Chief Allen Onyema, was at the weekend bestowed with a prestigious honour of Most Distinguished Alumnus Award.
It will take 25 years to reduce doctors’ shortage in Nigeria – NMA president
The Nigeria Medical Association (NMA) says with at least 3,000 doctors graduating yearly, it would take about 25 years to produce adequate numbers of doctors to cater for the country’s population.
NCC warns consumers against unauthorised SIM swaps
The Nigerian Communications Commission, NCC, on Tuesday warned telecom consumers of unauthorirized SIM Swap and other fraudulent activities by dubious individuals who take advantage of innocent citizens, asserting that the full wrath of the law would be visited on culprits.
Miss South Africa Zozibini Tunzi wins 2019 Miss Universe crown
Miss South Africa was crowned Miss Universe on Sunday in Atlanta after a lavish ceremony filled with glitter and heartfelt speeches about female empowerment.
Ivan Rakitic: Barcelona is ‘the perfect place’
Ivan Rakitic says Barcelona is "the perfect place” for him after starting his third successive game in the 5-2 win over Real Mallorca on Saturday.