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Dubai-based mega carrier, Emirates Airlines, has stopped flight operations to Murtala Muhammed International Airport, Lagos until the airport’s Instrument Landing System (ILS) is fixed.

Emirates plans to cut about 30,000 jobs amid virus outbreak

Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down its number of employees by about 30 per cent from more than 105,000.
“Stay at home,” Prime Minister Boris Johnson said in a televised address to the nation, as he unveiled unprecedented peacetime measures after the country’s death toll climbed to 335.

Britain moves to drop Huawei as 5G vendor over coronavirus

The UK is moving to drop Huawei as a vendor for the country’s 5G cellphone network in a major blow to Communist China over poor coronavirus transparency.
Rajeev Suri, the chief executive of Nokia, is stepping down from his leadership role after overseeing the Finnish networking giant for more than half a decade.

Nokia chief to step down in September

Nokia chief executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, the company said.
The logo of Apple is seen at a store in Zurich, Switzerland January 3, 2019. REUTERS-Arnd Wiegmann

Apple supplies chain braces for disruption from coronavirus

Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths.
Michael R. Bloomberg has seriously explored running for president at least three times. Brittainy Newman-The New York Times

Former New York City mayor Michael Bloomberg joins presidential race

Former mayor of New York City Michael Bloomberg launched a video ad Sunday to formally announce his campaign for president in the 2020 U.S. election.
Philanthropies Mike Bloomberg is jumping into the Democratic presidential race because he believes that Joe Biden is fading, opening the moderate lane next to Elizabeth Warren, sources close to the former New York mayor tell Axios.

Michael Bloomberg prepares to enter 2020 presidential race

Former New York mayor Michael Bloomberg is preparing to enter the crowded race to become the Democratic nominee for the 2020 presidential election, US media reported Thursday.

Saudis scramble to raise cash for Aramco share sale

From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it offered few listing details, according to AFP reports.
US pop star Ariana Grande has sued fashion retailer Forever 21 for using her trademark style to promote its products without her permission, including adverts featuring a “look-alike model.”

Ariana Grande sues fashion firm over ‘look-alike model’

US pop star Ariana Grande has sued fashion retailer Forever 21 for using her trademark style to promote its products without her permission, including adverts featuring a “look-alike model.”
Thomas Cook

Chinese group mulls Thomas Cook takeover

China’s Fosun Group is considering nearly a billion dollar rescue of embattled British tour operator Thomas Cook, the Hong Kong-listed conglomerate confirmed Friday.

Samsung shares rise as Huawei struggles

Shares in Samsung Electronics climbed nearly three per cent Tuesday on the back of its chief rival Huawei’s mounting problems, including a decision by Google to sever ties with the Chinese mobile phone maker.
Lloyd's of London

Lloyd’s of London suffers 1 billion pound loss due to natural catastrophes

The Lloyd’s of London insurance market recorded a loss of one billion pounds ($1.32 billion) in 2018 due to major natural catastrophes such as hurricanes and wildfires, it said on Wednesday.
Air France A380 Jet

Engine failure forces Air France A380 back to Abidjan

A mid-flight engine failure forced an Air France A380 jet with more than 500 passengers on board to turn back to the Ivory Coast capital Abidjan where it landed without further incident early Sunday.
A 1930 Packard 734 Speedster Runabout sits in front of a 1992 Porsche 964 Carrera RS at Christie’s New York during a press preview on February 8, 2019. – The Gooding & Company’s annual Amelia Island Auction is one of the most highly anticipated events of the year for automotive enthusiast and is to be held March 8, 2019. (Photo by TIMOTHY A. CLARY / AFP)

Porsche warns of Brexit price hike on UK cars

Porsche customers in the UK should brace for a price hike of up to 10 percent in case of a hard Brexit, the luxury German carmaker warned Monday.
Democrats have criticised Heather Nauert for her lack of diplomatic experience [Mandel Ngan-AFP]

Heather Nauert ends bid to be next US ambassador to UN

US President Donald Trump's choice for ambassador to the United Nations, Heather Nauert, has withdrawn from consideration for the job for family reasons, according to the State Department.

Panama Papers: German police raid Deutsche Bank

German prosecutors raided several Deutsche Bank offices in the Frankfurt area Thursday over suspicions of money laundering based on revelations from the 2016 “Panama Papers” data leak.
US crude oil

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.
China's President Xi Jinping (R) meets former US secretary of state Henry Kissinger at the Great Hall of the People in Beijing on November 8, 2018. (Photo by THOMAS PETER - POOL - AFP)

China’s exports hold up despite US tariffs

China's exports to the United States and the rest of the world saw a surprise jump in October, data showed Thursday, suggesting businesses are ramping up trans-Pacific shipments before higher tariffs kick in.
China's Yuan

China’s yuan hits decade low over trade fears

The Chinese yuan weakened to a decade low on Tuesday on concerns over China’s slowing economy and the US trade war, but Beijing was expected to prevent it breaking the psychologically important seven yuan per dollar barrier.

Recent Stories

Fake DSS personnel bags 12 years imprisonment

A Federal High Court in Ibadan on Monday sentenced one Ademola Lawal to a total of 12 years in jail for impersonating a personnel of the Department of State Services (DSS) and N1.85 million fraud.

Proprietors: Private schools ready to resume

The National Association of Proprietors of Private Schools (NAPPS) has assured the Federal Government of the readiness of private schools under its fold to resume for the West African Senior School Certificate Examination (WASSCE) and other terminal examinations.

Nigerian government inaugurates governing councils of 13 universities

The Minister of Education, Malam Adamu Adamu, has inaugurated the governing councils of 13 federal universities in the country.
Europol Office

French police arrest most-wanted ‘darknet’ paedophile suspect

French prosecutors said Monday that police had arrested a man suspected of operating paedophilia sites on secret “darknet” internet networks providing pornographic videos and pictures to thousands of people worldwide.
Premier League is making plans to stage friendly games so players can prepare before competitive action begins.

Premier League set to return to ‘normal broadcast model’ next season

The ability to watch every single game on UK television could be short-lived, with the Premier League reportedly set to return to its usual broadcast model next season.