China should reduce business drinking and replace it with “correct values,” the Chinese Communist Party’s anti-corruption watchdog said in a commentary on a sexual assault case involving employees with Alibaba Group Holding Ltd. Some “under the table rules” such as forced drinking for business purposes may lead to crimes, the Central Commission for Discipline Inspection…
Great Wall Motor has decided to re-allocate to Brazil a portion of its $1bn investment in India, as the Chinese automaker has been unnerved by a year-long delay in winning government approvals, three sources told Reuters. Great Wall has also tasked James Yang, its India president since last year, with the responsibility of assisting with…
A Boeing 737 MAX test plane took to the skies in China as the United States manufacturer looks to end a nearly two-and-a-half-year regulatory grounding of the model in the key travel market. Flight-tracking website Flightradar24 showed a 737 MAX 7 test plane taking off from Shanghai’s Pudong International Airport at 9:24am (01:24 GMT) on…
US cryptocurrency exchange Coinbase Global Inc beat market estimates for second-quarter profit boosted by a near 38 percent jump in trading volumes on a sequential basis, but forecast a drop in current-quarter volumes. Coinbase, which makes money by charging fees on trades and which has benefitted from the growing adoption of digital assets, said on…
Stakeholders have called on government at all levels to deepen their commitment to building resilience in the Micro, Small and Medium Enterprises as the subsector was critical to the economic recovery of the country. The stakeholders made this call at a national dialogue on the economic impact of COVID-19 and assessment of national, state recovery…
The latest data from the Bloomberg Billionaires Index showed that Aliko Dangote was the only Nigerian on the list of 500 billionaires on Tuesday. The index, which polls the net worth of the richest 500 people in the world and updated by the close of trading at the New York Stock Exchange, showed that as…
The Minister of Police Affairs, Alhaji Muhammad Dingyadi, said the Federal Government has approved over N4 billion in the 2021 budget for fueling of police vehicles. Mr Bolaji Kazeem, Head of Press and Public Relations in the ministry. disclosed this in a statement on Tuesday in Abuja. The minister spoke in a paper titled, “Strategic Leadership…
Nigeria on Tuesday logged 610 additional COVID-19 infections, the second highest in nearly six months, said the Nigeria Centre for Disease Control (NCDC) said on its website on Wednesday morning. It said the new infections took the country’s total of confirmed cases to 179,118, from the 422 cases registered a day earlier. The NCDC added that…
The Nigeria Security and Civil Defence Corps (NSCDC) has reassured the Independent National Electoral Commission (INEC) of its commitment to work with other security agencies to enhance election security in Nigeria. The NSCDC Commandant-General, Mr Ahmed Audi, gave the assurance during a courtesy visit to the INEC Chairman, Prof. Mahmood Yakubu, in his office on…
