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Oil prices hit $80, highest since November 2014

Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to renewed U.S. sanctions and reduce supply in an already tightening market.

ECB: Banks should ‘segregate’ any bitcoin activities

Banks wanting to trade in digital currencies should make sure those activities are clearly "segregated" from their other operations, a top ECB official cautioned Monday, as ever more financial institutions mull jumping on the bitcoin bandwagon.

Deutsche Bank stock gains on reports of new CEO search

Shares in Germany's biggest lender Deutsche Bank gained Tuesday after a newspaper reported that the troubled financial giant was seeking a new chief executive as it struggles to right itself.

Saudi billionaire Al-Waleed ‘forgives’ Ritz ordeal

Billionaire Saudi Prince Al-Waleed bin Talal says all is forgiven after his three-month detention in an anti-corruption crackdown, dismissing speculation he had forfeited control of his assets in exchange for his freedom.

Embattled White House promises quick tariff decision

President Donald Trump’s team played down talk of a trade war Wednesday as it fought to limit a financial market sell-off, promising a quick decision on contentious tariffs that prompted a popular economic advisor to the president to quit.

Donald Trump warmly welcomes Australia’s Malcolm Turnbull to the White House

US President Donald Trump gave Australian Prime Minister Malcolm Turnbull an effusive welcome at the White House Friday, trying to put a heated first conversation in the rear mirror.

UK-born Ghanaian appointed England’s universities and science minister

A U.K.-born Ghanaian has been appointed by Prime Minister Theresa May as Universities and Science Minister of England in a cabinet reshuffle.

Bitcoin tops $18,000 in debut on major bourse

Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous.

Uber fights for its London survival in court

Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its license in its most important European markets.

Bharti Airtel eyes Nigeria’s 9mobile

If the Sunil Mittal-led telecom firm buys 9mobile, it will become the number one operator in Nigeria, Goldman Sachs added in the report based on an analyst meet arranged by the company.

OPEC: Nigeria, Libya have no fixed output figures – Ibe Kachikwu

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has said the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC allies led by Russia did not give Nigeria and Libya specific figures to cap their oil production when the decision to extend supply cut was taken on Thursday in Vienna.

OPEC, Russia set for oil cut extension but wary of overheating market

OPEC and Russia look set to prolong oil supply cuts until the end of 2018 this week while signalling that they may review the deal when they meet again in June if the market overheats.

Oil Price: OPEC to hold crucial meeting Thursday

OPEC is heading for tougher-than-expected policy talks on Thursday amid concern that its efforts to rebalance the oil market might overshoot by creating a global deficit and spurring a further price rally.

Uber executives begin image laundering after controversies

Uber executives are travelling round the globe to reassure regulators that the company is changing the way it does business, after a string of controversies hurt the ride-hailing firm’s reputation, its Asian head said on Monday.

Uber loses UK appeal on workers’ rights

Taxi app Uber lost a bid on Friday to overturn a decision by a tribunal which had said its drivers deserved workers’ rights such as the minimum wage, in a blow to the company as it also battles to keep its license in London.

Female businesses create more benefits for the society – Tony Elumelu

Tony Elumelu, chairman, Heirs Holdings, says female businesses create more businesses for the society.

China’s tighter drone rules send enthusiasts flocking to school

A buzz fills the sky above a flight base in northern Beijing, as pilots practise take-offs and landings ahead of tests to qualify for a license – to fly drones.

Chinese drone maker beefs up drone security after US Army ban

Chinese drone maker SZ DJI Technology Co Ltd is tightening data security on its drones after the U.S. Army ordered its members to stop using DJI drones because of “cyber vulnerabilities,” a company official told Reuters on Monday.

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Mozambique ready for possible Ebola cases

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Lionel Messi: Barcelona would welcome Antoine Griezmann if he made summer move

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Akwa Ibom APC elects new executive

The peace pact in the All Progressives Congress (APC) in Akwa Ibom State was concretised on Saturday with the election of a 37-member State Executive Committee for the party by consensus during its state congress in Uyo.

15 killed as cult members clash in Awka

There was pandemonium in Awka, Awka South Local Government Area of Anambra State on Sunday during the Imo Awka annual cultural celebration, as cult members killed about 15 persons.