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Barely a week after helping to repatriate $311m (N118bn) stolen by the late Head of State, Gen. Sani Abacha, the United States says there is a separate $319m (N121bn) Abacha loot in the United Kingdom and France.
Royal Dutch Shell on Thursday cut its dividend for the first time since the 1940s after a first-quarter loss – and warned virus-ravaged oil prices will take time to fully recover.
With gradual easing of the COVID-19 lockdown in Nigeria and elsewhere, Central Bank of Nigeria (CBN) says it has resumed provision of foreign exchange to all commercial banks for onward sales to parents wishing to pay schools fees and SMEs wishing to make essential imports needed to revamp economic activities across the country.
The Federal Government has requested for the account statements of some former public office holders to 10 banks. Bloomberg reports that the public officers include former President Goodluck Jonathan and his wife, Patience; former Ministers of Petroleum, Diezani Alison-Madueke and Rilwanu Lukman.
The Oxford University’s Jenner Insititute believes it has produced an effective Coronavirus vaccine, and plans to carry out clinical tests on 6,000 people before the end of May.
ByteDance, which also operates the social media app TikTok, developed Feishu as an internal app, then marketed it for business use in 2019. An international version of the app, called Lark, launched in April 2019 and is still operating in markets like Japan and Singapore.
Oil prices have plunged further below $5 a barrel with the threat to erase decade of demand growth with thousands of jobs under threat as coronavirus continues to spread further.
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.
Apple’s unannounced high-end over-ear headphones will reportedly come with interchangeable parts. Bloomberg reports that Apple is developing new high-end headphones that include swappable ear pads and headbands that magnetically attach. The modular design, similar to some other high-end headphone brands, is reportedly designed for owners to switch out parts during exercise sessions.
Bloomberg’s monthly survey of economists puts the contraction in the euro area at more than 10% in the January-June period, with most of the hit – 8.3% – in the second quarter. Even with an expected rebound later in the year, the bloc’s output will still decline more than 5% in 2020.
Bloomberg has published a new report detailing much of Apple’s product roadmap for 2020, including the four new iPhones that have been widely rumored. Corroborating Ming-chi Kuo’s analysis from last year, Apple is said to be redesigning the iPhone Pro chassis with flat edges reminiscent of the current iPad Pro
Saudi Arabia and Russia Thursday ended their oil war that has shaken the global oil markets and negatively affected many oil-reliant economies, including Nigeria.
The coronavirus pandemic may lead to a global shortage of Condom, the world’s largest producer of condoms, Karex Bhd, has said.
President Muhammadu Buhari was presidential in his address to the nation on coronavirus (COVID-19) on Sunday. He got off his accustomed armchair; stood up and spoke to Nigerians like an unfeigned commander-in-chief. I could see the sense of urgency in his cadence and grimace.
Airlines are no longer able to comply with current rules on refunds for cancelled or late flights as the coronavirus pandemic hits the aviation industry.
Former Super Eagles skipper, Nwankwo Kanu, has paid a glowing tribute to the former Lille of France goaltender, Vincent Enyeama, saying he was one of the best in the world.
The Kaduna State Police Command on Thursday evening confirmed killing of 21 locals in some communities in Atyab Chiefdom, Zangon Kataf local government area of Kaduna State despite the curfew imposed on the council.
The Human Rights Writers Association of Nigeria, HURIWA, has condemned the invasion of Edo State House of Assembly, describing it as unconstitutional.
The Peoples Democratic Party has accused the former national chairman of the All Progressives Congress Adams Oshiomhole of allegedly deploying security agents to take over the Edo State House of Assembly.
Some members of the association, who gathered at the Michael Okpara square for the Annual General Meeting and the election of new executive of the association for the next two years, were seriously injured by thugs who invaded the venue.
The police in Katsina State, have arrested two nurses for allegedly stealing a newborn baby girl in Katsina.
The Ogun State Chapter of the Peoples Democratic Party (PDP) has berated Governor Dapo Abiodun for asking each student of private boarding schools to pay N25,000 for COVID-19 and malaria tests.
Egypt withdrew from the Nile dam talks scheduled today with Ethiopia claiming that the proposal put forth by the nation lacked regulations on dam operations and any legal mechanism for settling disputes.
As the Kogi State Government is putting final touches to the reopening of schools, it has fixed August 18th as the deadline for registration, data capturing and subject analysis for learners in Primary Six and Junior Secondary School Three, sitting for all internal examinations in the State.
President Muhammadu Buhari has congratulated Prof. Innocent Ujah on his election as President of the Nigerian Medical Association (NMA).