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Mohamed Salah sets Premier League record as Liverpool thrash Man City at the Etihad
Mohamed Salah delivered a historic performance as Liverpool triumphed 2-0 over Manchester City at the Etihad Stadium, playing a key role in the victory
New exchange rate: Dollar falls in all markets as naira strengthens amid declining reserves
The naira's value improved in the foreign exchange market against the US dollar, closing the week positively, with the forex markets converging for the first time.
Petrol landing costs drop as Dangote, refinery owners explain failure to meet domestic fuel demand
Nigerian Refinery owners have blamed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for their failure to meet local fuel demand.
China's Alibaba to invest $50 bn in AI, cloud computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping. Alibaba plans to "invest at least 380 billion yuan ($53 billion) over the next three years to advance its cloud computing and AI infrastructure", a company statement said.
Indonesia launches new multi-billion-dollar sovereign wealth fund
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy. Danantara will be Indonesia's second sovereign wealth fund, after the Indonesia Investment Authority which was launched in 2021 and holds $10.5 billion in assets.
Most Asian markets track Wall St loss; Hong Kong extends gains
Asian markets mostly fell Monday following a dour end to last week for Wall Street, where a disappointing round of data added to concerns about the world's number one economy.
Tears as 13-yr-old Nigerian dies in US after attempting viral social media challenge, details emerge
A 13-year-old has tragically died in the United States (US) after attempting a viral social media challenge. Legit.ng has the details of the sad development.
Falana hits IBB over killing of ex-president's best man, Mamman Vatsa, “The law Babangida used"
Femi Falana (SAN) has condemned General Ibrahim Babangida over the killing of the former military president's best man, Major General Mamman Vatsa.
Babangida: Nigeria's former military ruler strongly defends Igbos, details emerge
Nigeria's ex-military ruler, Ibrahim Badamosi Babangida, has defended Igbos. The defence surfaced in ‘A Journey in Service: An Autobiography of Ibrahim Babangida’.
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