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China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.

Donald Trump says no TikTok deal yet amid security concerns

President Donald Trump said on Wednesday he wasn’t ready to approve a deal for an American company to partner with Chinese-owned video app TikTok, which would allow it to continue operating in the United States.
China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app.

Twitter, TikTok consider merger

Twitter is in preliminary discussions for a possible combination with TikTok, the Wall Street Journal reported Saturday, after US President Donald Trump said he would ban the app, calling it a threat to national security.
Kudakwashe Tagwirei, whose business interests range from gold mining, financial services to fuel, becomes the third ally of President Mnangagwa to be added to the US sanctions list this year.

US slaps sanctions on Zimbabwean tycoon

The US on Wednesday imposed sanctions against a business tycoon with close links to Zimbabwean President Emmerson Mnangagwa and former leader Robert Mugabe for allegedly abetting corruption.

Ex-President Obasanjo: AfDB’s governance at risk of being hijacked

Former Nigerian President, Olusegun Obasanjo, has faulted a demand by the United States Treasury to probe the President of the African Development Bank, Akinwunmi Adesina, who had earlier been cleared of all allegations by an investigative body.
US President Donald Trump has fired a fresh salvo at the World Health Organization, accusing its chief of siding with China and “politicising” the coronavirus pandemic while repeating his threat to freeze the UN agency’s funding.

US borrows $3 trillion as coronavirus bites harder

The U.S. Treasury announced its borrowing will reach a record $3 trillion in the current quarter, as the coronavirus batters the economy and government spending increased, including through massive stimulus programmes.
The US on Wednesday imposed sanctions on South Sudan’s first vice-president Taban Deng Gai for his involvement in serious violations of human rights “including the disappearance and death of civilians.”

US sanctions South Sudan vice president over human rights

The US on Wednesday imposed sanctions on South Sudan’s first vice-president Taban Deng Gai for his involvement in serious violations of human rights “including the disappearance and death of civilians.”
Pedestrians walk past an electronics stock indicator at the window of a security company displaying the current rate of Tokyo Stock Exchange in Tokyo on November 13, 2018. - Tokyo stocks dived more than three percent shortly after the open on November 13, with investors discouraged by a plunge in US shares on fears over demand in the tech sector. (Photo by Toshifumi KITAMURA / AFP)

Asian shares stumble, oil, gold up

Asian shares slipped on Friday, erasing early gains, while gold shone and oil prices spiked after U.S. airstrikes in Iraq killed a top Iranian commander, heightening geopolitical tensions.
FILE - Abu Mahdi al-Muhandis, a commander in the Popular Mobilization Forces, attends the funeral procession of Hashed al-Shaabi fighters in Baghdad, Dec. 31, 2019.

Iraqi militant killed by US worked with Iran for decades

Abu Mahdi al-Muhandis, a veteran Iraqi militant who was closely allied with Iran and rose to be a senior militia commander during the war against the Islamic State group, was killed Friday in a U.S. strike that also felled Iran’s top general.
The World Bank said at the weekend that its lending to China has fallen sharply and will continue to be pared back, after US President Donald Trump demanded it stop altogether.

World Bank reduces lending to China

The World Bank said at the weekend that its lending to China has fallen sharply and will continue to be pared back, after US President Donald Trump demanded it stop altogether.
In that inquiry, the Gupta brothers -- Ajay, Atul and Rajesh -- are accused of fraudulently profiting from government contracts including energy and transport deals through their close association with Zuma.

US blacklists South Africa’s Gupta family over ‘widespread corruption’

The US Treasury announced sanctions Thursday on South Africa's Gupta family and associate Salim Essa, calling them a "significant corruption network" that dispersed bribes and misappropriated millions in state funds.
South African Rand

South African rand weaker as investors seek shelter in dollar

South Africa’s rand weakened early on Monday as the dollar gained against riskier currencies with investors watching developments in the China-U.S. trade dispute and a slew of domestic and global economic indicators this week.
US Secretary of State Mike Pompeo called for a 'new era of cooperation' [Petr David Josek-AP]

Mike Pompeo: US backs Saudi Arabia’s ‘right to defend itself’

Following a meeting with Saudi Arabia’s powerful crown prince, U.S. Secretary of State Mike Pompeo said the United States supports Riyadh’s “right to defend itself” and said Washington would not tolerate Iran’s “threatening behavior.”
The U.S. Treasury on Friday announced sanctions on three North Korean hacking groups it said were involved in the WannaCry ransomware attacks and hacking of international banks and customer accounts.

US imposes sanctions on North Korean hacking groups blamed for global attacks

The U.S. Treasury on Friday announced sanctions on three North Korean hacking groups it said were involved in the WannaCry ransomware attacks and hacking of international banks and customer accounts.

Reports: US heads towards recession

The US could be headed for a recession soon as the market’s most closely watched part of the yield curve inverted today.
Donald Trump and Xi Jinping

Donald Trump: US not ready to make trade deal with China

President Donald Trump said on Friday he was not ready to finalize a trade deal with Beijing and signalled he might cancel talks set for September, raising the stakes in the intensifying US-China trade war.
U.S. White House senior adviser Ivanka Trump, back left, joins in with traditional dancers as she is welcomed by local people on arrival to Adzope, Ivory Coast, Wednesday April 17, 2019, where she will visit Cayat, a cocoa and coffee collective. At right of Trump is Minister Patrick Achi. Trump is visiting Ethiopia and Ivory Coast to promote a White House global economic program for women. (AP Photo/Jacquelyn Martin)

Ivanka Trump says Africa would inspire her dad

On a trip to Africa to promote women's economic empowerment, Ivanka Trump said on Wednesday the White House should be judged by its actions toward a continent that her father has privately disparaged.
The Federal Bureau of Investigation opened an inquiry in 2017 into whether US President Donald Trump was working on behalf of Russia, The New York Times reported on Friday.

Donald Trump considered daughter Ivanka for head of World Bank

President Donald Trump considered nominating his daughter to head the World Bank, and she also would have been “great” as US ambassador to the United Nations, he said in an interview published Friday.
Dollar

Dollar edges up as more central banks turn dovish

The dollar edged up on Thursday as many of its peers weakened after more central banks shifted to dovish policy stances amid a deteriorating global economic outlook.

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The Commissioner of Police in Ebonyi, Mr Philip Maku, has warned criminals operating in the state to repent from their evil ways or leave the state.

#EndSARS: Police confirm attack on station in Ebonyi

The Police Command in Ebonyi has confirmed Thursday’s attack on Uburu Police Station in Ohaozara Local Government Area of the state by suspected hoodlums.
President Muhammadu Buhari

#EndSARS: President Buhari urged to probe Lekki shootings

A coalition of women groups, Mothers United and Mobilised (MUM), has called on President Muhammadu Buhari to constitute a transparent panel of inquiry into alleged shooting of unarmed EndSARS protesters in Lekki on Tuesday.
Human Rights Writers Association of Nigeria, HURIWA, has condemned what it called the silence of President Buhari over protests against operatives of the Special Anti-Robbery Squad, SARS, a unit of the Nigeria Police Force, in the past two weeks.

#EndSARS: Institute invites protesters for dialogue

The Institute for Peace and Conflict Resolution (IPCR) has invited the youths currently protesting against police brutality with the hashtag, #ENDSARS for a dialogue with officials of the institute.
The nominees for the Premier League’s Young Player of the Year award have been named and it is unsurprising to see the list dominated by Manchester United stars.

Manchester United in buoyant mood ahead of clash with Chelsea

Manchester United will approach Saturday’s home English Premier League (EPL) clash with Chelsea in buoyant mood rather than in trepidation.
Chinese Foreign Ministry spokesperson Zhao Lijian speaks at the daily media briefing in Beijing on April 8. GREG BAKER-AFP VIA GETTY IMAGES

China threatens retaliation over US-Taiwan arms sale

China on Thursday threatened to make a “legitimate and necessary” retaliation over the US sale of $1 billion worth of missiles to Taiwan as Beijing becomes increasingly strident over its claims to the self-ruled island.