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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.
President Xi Jinping of China on Wednesday called for greater global cooperation to develop the internet and make it more “fair and equitable”, as Beijing seeks to bolster its global role in shaping the web.
South African President Cyril Ramaphosa announced on Friday his country has raised $20 billion in investment commitments made by several companies.
Chinese e-commerce giant Alibaba and Russian technology group Mail.ru on Tuesday said they would launch a joint e-commerce venture in Russia and former Soviet countries.
China’s Xiaomi priced its Hong Kong initial public offering (IPO) at the bottom of an indicative range, raising $4.72 billion in the world’s biggest tech float in four years, people close to the transaction said on Friday.
The office of the Independent National Electoral Commission (INEC) was among several places touched on Wednesday in the Borno communities of Gubio and Magumeri when the Boko Haram terrorists made attacks.
The rising acceptance of micro pension scheme being driven by the National Pension Commission (PenCom), has led to steady rise in pension assets. The pension funds grew from N9.12 trillion in April to N9.33 trillion in June 2019, indicating a N21 billion increase.
The head of a group of leading German companies doing business in Asia has called for peaceful dialogue to end the stand-off in Hong Kong.
While many Everton fans are hailing Moise Kean as the new Romelu Lukaku, Marco Silva is threading that comparison lightly and hoping fans can just appreciate the teenage for who he is.
Real Madrid directors have traveled to France to negotiate a deal to bring Neymar back to Spain, according to report.
President Muhammadu Buhari and is party, the All Progressives Congress (APC) made their final submissions on Wednesday before the Presidential Election Petition Court (PEPC) in the petition by Atiku Abubakar and the Peoples Democratic Party.g
Consistent with its commitment to the adoption of innovative digital technology to drive its retail strategy, reduce cost and improve revenue and returns, Fidelity Bank has signed a Memorandum of Understanding with Open Technology Foundation (OTF) for the adoption of a standard Application Programming Interface (API) for its operations as a financial institution.
The 20-year old dazzler, who made his AFCON debut for Nigeria in Egypt 2019, was handed his debut for the Yellow Submarine in September 2018, scoring 5 goals in 26 appearances in all competition.
The police in Sokoto State have confirmed the abduction of Aminu Bodai, a member of the state House of Assembly, by gunmen in Bodai village of Dange/Shuni Local Government Area of the state.
Former Flying Eagles midfielder Kingsley Michael has extended his contract with Serie A club, Bologna.