Written by The EU executive on Monday said it feared Universal Music Group’s $775-million acquisition of global music services company Downtown could restrict competition. The European Commission launched an investigation into the deal in July this year after independent music companies warned it would allow UMG to substantially increase its industry dominance. Headquartered in the Netherlands, … Continue reading “EU Warns Universal’s $775 MN Downtown Bid May Restrict Competition”
Venezuela on Monday rejected a US terrorist designation of an alleged drug cartel as a “ridiculous lie” amid a major American military buildup in Caribbean waters. “Venezuela categorically, firmly, and absolutely rejects the new and ridiculous lie from the Secretary of the Department of State, Marco Rubio, who designates the alleged Cartel of the Suns … Continue reading “Venezuela Rejects US Terrorist Designation As ‘Ridiculous Lie’”
Jimmy Cliff, the iconic reggae star who helped transform the island’s rhythmic music into a global cultural phenomenon, has died, his wife said Monday. He was 81. “It is with profound sadness that I share that my husband, Jimmy Cliff, has crossed over due to a seizure followed by pneumonia,” his wife, Latifa Chambers, … Continue reading “Reggae Icon Jimmy Cliff Dead At 81”
Governors of the South-West states on Monday held a closed-door meeting in Ibadan, the Oyo State capital. The meeting was attended by Governor Babajide Sanwo-Olu of Lagos State, who is also the Chairman of the regional forum. Others included Lucky Aiyedatiwa (Ondo), Ademola Adeleke (Osun), Dapo Abiodun (Ogun), Biodun Oyebanji (Ekiti), and the host … Continue reading “Insecurity: Sanwo-Olu, Other South-West Govs Meet In Ibadan”
Former Vice President Atiku Abubakar has officially joined the coalition party, the African Democratic Party (ADC), just 17 months to the 2027 general elections. The 78-year-old politician disclosed this in a short post on his official X handle on Monday, attaching pictures of him holding the party’s membership card with the brief caption, … Continue reading “Atiku Officially Joins ADC”
The Nigerian National Petroleum Company (NNPC Limited) has announced its financial performance for the full year ended 2024, reporting a profit after tax of ₦5.4 trillion on revenue of ₦45.1 trillion. The results, shared during its earnings call with analysts, underscore a year of strong operational delivery, according to a statement by the Company’s Chief … Continue reading “NNPC Declares ₦5.4trn Profit After Tax”
Israel’s military announced the dismissal of three generals and disciplinary actions against several other senior officers over their failure to prevent the October 2023 assault by Hamas, the deadliest attack in the country’s history. The move comes two weeks after Israeli military chief Eyal Zamir called for a “systemic investigation” into the failures that … Continue reading “Israeli Military Sacks Several Generals Over October 7 Attack”
Malaysia says it is planning to block children under 16 from signing up to social media accounts next year, in a move to tighten access over child-safety concerns. Communications minister Fahmi Fadzil said Sunday the government was looking at how Australia and other countries dealt with imposing online age restrictions. “We hope that by … Continue reading “Malaysia Mulls Social Media Ban For Under-16s”
Aloy Ejimakor, Former counsel to the proscribed leader of Indigenous People of Biafra (IPOB), Nnamdi Kanu, says no number of lawyers could have altered the court’s decision convicting him of terrorism. Ejimakor spoke on Channels Television’s The Morning Brief programme on Monday, where he dismissed suggestions that stronger legal representation might have changed the verdict. … Continue reading “One Million Lawyers Wouldn’t Have Changed Judgement On Nnamdi Kanu — Former Counsel “
Britain’s centre-left Labour government unveils its annual budget on Wednesday, with expected tax rises to curb debt and fund public services, threatening to further dent its weak poll ratings. Prime Minister Keir Starmer has promised a “Labour budget with Labour values”, vowing to reduce National Health Service waiting times and ease a prolonged cost-of-living … Continue reading “UK Budget Tests Labour Govt’s Credibility”