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FILE PHOTO- Mulugeta Desalegn, an owner of a convenience store, or “spaza shop”, picks an item for a customer as he holds a candle, in Senaone, Soweto, South Africa March 18, 2019. REUTERS-Siphiwe Sibeko-File Photo

South Africa hit by rolling blackouts as state utility struggles

South Africa was hit by rolling blackouts on Wednesday in a blow for the continent’s most developed economy as it shows signs of rebounding.

HSBC set to axe 10,000 jobs

The planned downsizing comes just weeks after announcing the resignation of its chief executive and the cutting of 4,000 posts citing a weak global outlook.
The Minister of Information and Culture, Alhaji Lai Mohammed has assured the international community that President Muhammadu Buhari’s new administration will be more determined in the fight against corruption.

P&ID scandal: Federal government to appeal $200 million conditional award for stay of execution

The Federal Government will appeal the order of a UK commercial court awarding $200 million conditional payment for granting stay of execution in a judgment debt against Nigeria over a botched gas contract.
The Minister of Information and Culture, Alhaji Lai Mohammed has assured the international community that President Muhammadu Buhari’s new administration will be more determined in the fight against corruption.

Nigeria hopeful of setting aside N9.6bn judgement debt – minister

The Minister of Information and Culture, Alhaji Lai Mohammed, has expressed optimism that the entire arbitration decisions and judgment debt of N9.6 billion against Nigeria by a UK court over a botched gas contract would be set aside.
Boris Johnson is said to have formed a ‘war cabinet’ of six ministers to deliver Brexit in October ‘by any means necessary’. WPA Pool-Getty Images

Court bids launched to stop British premier from suspending parliament

Prime Minister Boris Johnson’s suspension of parliament weeks before Britain’s EU departure date faced legal challenges on Thursday following a furious outcry from pro-Europeans and MPs opposed to a no-deal Brexit.
President Buhari at the event

Presidency: No ban, restrictions on importation of food items

The Presidency yesterday said that the Federal Government has neither banned nor restricted importation of food items into the country.
A meeting between US President Donald Trump and Russian President Vladimir Putin will go ahead on Saturday on the sidelines of the G20 summit in Argentina, the Kremlin said Thursday. Getty Images

Donald Trump, Vladimir Putin to meet at G20 summit

President Donald Trump and Russian President Vladimir Putin will meet Friday for the first time since special counsel Robert Mueller released his report detailing Russia’s “sweeping and systematic” campaign to disrupt the 2016 election in Trump’s favor.
Matt Hancock

Matt Hancock: Brexit not an option

Matt Hancock, one of the Conservative candidates vying for Prime Minister Theresa May’s job, said a no-deal Brexit was not an option for Britain’s next leader as the speaker of parliament would thwart it, the Financial Times reported.

PSG’s Qatari owners ready to buy stake in Leeds United

The oil-rich owners of Paris Saint-Germain are reportedly in talks to buy a stake in Leeds United.
An arrangement of UK daily newspapers photographed as an illustration in London on May 25, 2019 shows front page headlines reporting on the resignation speech of Britain’s Prime Minister Theresa May. – Beleaguered British Prime Minister Theresa May announced on May 24 that she will resign on June 7 following a Conservative Party mutiny over her remaining in power. All the UK papers carried the story on their front pages with headlines like the Guardian’s “Broken by Brexit”, the Daily Mail’s “A Crying Shame” and the Times’ “It all ends in tears”. (Photo by DANIEL SORABJI / AFP)

UK leadership hopefuls vow to succeed where Theresa May failed on Brexit

The race to become Britain’s next premier opened Saturday with an array of hopefuls promising to succeed where Theresa May failed and finally pull the divided country out of the EU.
US intelligence chiefs have been briefing Silicon Valley tech execs about the possible dangers of doing business in China, according to a report from the Financial Times.

US spy chiefs used classified info to warn tech execs about doing business with...

US intelligence chiefs have been briefing Silicon Valley tech execs about the possible dangers of doing business in China, according to a report from the Financial Times.
Whatsapp

WhatsApp vulnerability allowed spyware to be installed on smartphones

Facebook-owned messaging giant WhatsApp has confirmed a vulnerability that allowed hackers to install spyware on smartphones.
WhatsApp is launching a new fact-checking service in India ahead of the country’s upcoming elections.

WhatsApp asks 1.5 billion users update apps, after cyber attacks

WhatsApp on Monday urged all of its 1.5 billion users to update their apps as an added precaution against hackers who remotely install surveillance software on phones and other devices.
Albert Muchanga

African Union begs Nigeria to join new trade zone

The African Union has urged Nigeria, the continent’s biggest economy, to join a new pan-African trade zone before the agreement comes into effect at the end of the month.
L-R AFX Group UK Business Development and Sales associate, Mr. Claude Herve; Country Manager, Fintech Global Markets Engr. Joel Adoki ; Chief Executive Officer MBA Forex International Mr. Maxwell Odum and Head of Back office and Trade Desk AFX Group UK, Mrs. Natalia Stetco during a session at a one day Financial Investors Summit held in Lagos on Saturday.

Report: Nigeria’s rising debt jostles investors

Some foreign investors and analysts are beginning to raise concerns about the cost of Nigeria’s debt and how the proceeds of bond sales are utilised.

Report: Nigeria’s rising debt servicing cost unsettles investors

The cost of servicing government debt in Nigeria is dampening foreign investors’ appetite to inject capital into the country.
Apple Store

Apple faces inevitable antitrust headache as EU launches App Store investigation

Apple is facing an antitrust investigation that was predictable the moment it announced it was getting into the music streaming business four years ago. The company can most likely expect a similar investigation down the road after it launches its video streaming service later this year.
Apple Music

Report: Apple to be formally investigated over Spotify’s antitrust complaint

The EU is preparing to launch a formal antitrust investigation against Apple following Spotify’s official complaint, reports the Financial Times. Spotify claims that Apple uses its App Store to stifle innovation and limit consumer choice in favor of its own Apple Music service.

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Plateau Commissioner of Police, Isaac Akinmoyode, has said that INEC supplementary election in the state was so far going on peacefully.

Kogi elections: Coalition urges INEC to create more polling units

A Coalition of Accredited Domestic Election Observers for Kogi governorship election has advised the Independent National Electoral Commission (INEC) to create more polling units across the country.
Mohammed Salah Jurgen Klopp Liverpool

Liverpool manager Jurgen Klopp sweating on Mo Salah’s fitness ahead of Palace trip

Liverpool manager Juergen Klopp faces an anxious wait over the fitness of forward Mohamed Salah as the Premier League leaders prepare for a trip to Crystal Palace on Saturday.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC: How Kwara ex-commissioner, lawmakers ‘shared N5 billion’

Economic and Financial Crimes Commission (EFCC) is currently drilling a former member of the Kwara state House of Assembly Hon Moshood Bakare and ex-chairman of the state Internal Revenue Service (KWIRS) Prof Muritala Awodun, over the alleged missing KWIRS five billion Naira money.
President Buhari inaugurates APC Women and Youth Campaign Team at the State House on 3rd Dec 2019-5

President Buhari, APC governors to meet in Jos

President Muhammadu Buhari will arrive Jos, the Plateau State capital for a two-day meeting with governors elected on the platform of the All Progressives Congress.
Israel Sunny-Goli

Bayelsa guber: Reps member tells Governor Dickson to go to court

The House of Representatives member representing Nembe/Brass Federal Constituency, Hon Israel Sunny-Goli, has advised Governor Henry Seriake Dickson to be a good sportsman and accept the defeat suffered by the Peoples Democratic Party (PDP) in the November 16 governorship election in Bayelsa State.