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☆ Suspected Militants Kill Four Nigerian Police Officers
▼ + stars: | 2024-02-03 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

MAIDUGURI, Nigeria (Reuters) - At least four police officers were killed in Nigeria's northeast Borno state after a gun battle with suspected Islamist insurgents, a police spokesperson said on Saturday. Borno state police spokesperson Nahum Daso Kenneth said the militants had on Friday night attacked Gajiram town in the Nganzai local government area, some 82 kilometres (51 miles) from Maiduguri, the state capital. "Our men engaged them in a gun battle (and) they denied the terrorists access to the town, and repelled the attack. Unfortunately, four policemen have paid a supreme price," Kenneth said, adding that calm had returned to the town. ISWAP fighters are known to operate in Nganzai, where they carry out sporadic attacks against security forces and residents.

Persons: Borno, Haram, Nahum Daso Kenneth, Kenneth, herder, Ahmed Kingimi, MacDonald Dzirutwe, Mark Potter Organizations: Reuters Locations: MAIDUGURI, Nigeria, Nigeria's, Borno, West Africa Province, Gajiram, Maiduguri, Nganzai

At the center of that growth are newer genres of Afrobeats — the renowned blend of distinct West African music styles — and amapiano, which fuses South African kwaito with African jazz, house music and soulful vocals. The 2022 track became the first led by an African artist to hit 1 billion Spotify streams and has the record for the most weeks — 64 — spent on Billboard’s Pop Airplay chart. And some tracks meld the genres under the African music umbrella. That reach is particularly interesting considering that African music is produced for its people, embodying all aspects of their lives from their culture and experiences to their struggles, LeriQ says. The continent leads mobile device web traffic in the world, according to the U.S. International Trade Administration, translating to more market opportunities for artists.

Persons: ”, Burna Boy’s, Rema’s, Selena Gomez, —, Joey Akan, ‘, Burna, ’, Musa Keys, Boy, Istanbul's, Rema, Davido, Tina Davis, Olamide's, Angélique Kidjo, LeriQ, Nay, Mitego, Chika Anene, gatekeepers, Eric Wainaina, G’bemi Ereku, Nigeria —, Jhello, ” ___ Mureithi, Maria Sherman Organizations: FIFA, International Federation of, Phonographic Industry's, Spotify, Afrobeats Intelligence, UEFA Champions League, Pew Research, U.S . International Trade Administration, United, Afro Nation, AP Locations: ABUJA, Nigeria, Nigerian, Saharan Africa, African, South Africa, Africa, Tanzania, Abuja, Kenyan, Lagos, United States, Statista, Nairobi, Kenya, Johannesburg, Los Angeles

☆ South African innovator’s medicine-dispensing lockers win prestigious prize
▼ + stars: | 2024-02-01 | by ( Nell Lewis | ) edition.cnn.com time to read: +5 min

London CNN —A South African entrepreneur who designed a smart locker system that improves access to healthcare has won a major award for African engineering. In June, the usual iteration of the Africa Prize will also go ahead, during which four finalists will battle it out for a £25,000 ($31,600) prize. “There isn’t enough funding available for African startups,” she tells CNN. “We don’t want all the funding to come in the form of grants, as we see in the Africa Prize. We want investors to start to believe that they can also make money by investing in African startups.

Persons: Pelebox, King Charles III’s, Anne, James Oatway, Royal Academy of Engineering Hutiri, ’, ”, Aisha Raheem, Farmz2U, Samuel Njuguna, Rebecca Enonchong, It’s, That’s, “ Organizations: London CNN, UK’s Royal Academy of Engineering, Africa, Engineering Innovation, Academy, SMS, Royal Academy of Engineering, “, CNN, Chura, The Academy Locations: African, London, South Africa, Namibia, Botswana, Africa, Nigerian, Kenya, Nigeria, Egypt

☆ Senator tells Mark Zuckerberg his product is 'killing people' at child safety hearing
▼ + stars: | 2024-02-01 | by ( Jyoti Mann | Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg was grilled at a Senate hearing on online child safety on Wednesday. The Meta chief was told by Senator Lindsey Graham: "You have a product that's killing people." AdvertisementMark Zuckerberg was told that Meta's product is "killing people" at a tense Senate hearing on Wednesday. At one point, the Meta CEO was interrogated by Republican Senator Lindsey Graham during a fiery hearing on online child safety before the Senate Judiciary Committee. AdvertisementBig tech leaders from X, TikTok, Snap, and Discord were also called to testify and the child safety hearing.

Persons: Mark Zuckerberg, Lindsey Graham, —, Graham, Mr, Zuckerberg, General Raúl Torrez, Torrez, Meta didn't Organizations: Meta, Service, New, Guardian Locations: Nigeria, New Mexico

☆ Grammys 2024: There’s a new category for African musicians at the awards. Meet the nominees
▼ + stars: | 2024-01-31 | by ( Lamide Akintobi | ) edition.cnn.com time to read: +5 min

Lagos, Nigeria CNN —For the first time, African music will have its own category at the Grammys. The Recording Academy will showcase three new categories for this year’s awards, including “Best African Music Performance” — featuring some of Afrobeats’ global superstars. The Nigerian singer best known as Davido is also nominated for Best Global Album and Best Global Music Performance. Burna BoyVideo Ad Feedback The night Burna Boy became a Hollywood star 03:19 - Source: CNNBurna Boy, whose real name is Damini Ebunoluwa Ogulu, is up for a total of four Grammys this year for Best Global Music Album, Best Melodic Rap performance, Best Global Music Performance and Best African Music Performance — and will perform at the awards. No stranger to the awards circuit, he won the Best Global Music Album Grammy in 2021 for his album “Twice as Tall.” Burna Boy ended a historic 2023 at No.

Persons: ”, Harvey Mason Jr, Arya Starr, Sarah Aderibigbe, Ayra Starr, “, Barack, Kelly Rowland, Stormzy, Tiwa Savage, ” Asake, Ahmed Ololade, Amapiano, Olamide, Tyla Tyla, John Lamparski, Musa Keys, David Adeleke’s, Davido, “ I’m Organizations: Nigeria CNN —, Recording Academy, Recording, Spotify, YouTube, Mavin Records, CNN, Vibe, Art, Olamide, Getty Images, South, Hollywood, Best Locations: Lagos, Nigeria, Los Angeles, Square , New York City, AFP, South African, Nigerian, Africa

☆ Analysis-West Africa's 'Brexit' Moment Spells Trouble for the Region
▼ + stars: | 2024-01-30 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +6 min

Ivory Coast alone is home to more than 5 million people from Burkina Faso, Mali and Niger. Earlier this month, Russia and Niger, ruled by a junta since a coup last year, agreed to develop military ties. Russian military personnel flew into Burkina Faso's capital Ouagadougou last week to ensure the safety of the country's military leader. EMPTY THREATECOWAS has responded to a wave of coups in the region since 2020 with sanctions that the juntas have called "illegal and inhumane." "The departure from ECOWAS will have catastrophic consequences for the ability to respond to the many security challenges facing this region," said Abba.

Persons: Bate Felix, David Lewis, Giulia Paravicini, Seidik Abba, Russia's Wagner, Mucahid Durmaz, Verisk Maplecroft, Charlie Robertson, Kwesi Aning, Gilles Yabi, Adama Coulibaly, Nagnouma Keita, Abba, Tiemoko Diallo, Boureima, Silvia Aloisi, Andrew Cawthorne Organizations: Giulia Paravicini DAKAR, West, West African States, Reuters, Islamic, FIM Partners, European Union, ECOWAS, CFA Locations: Mali, Burkina Faso, Niger, Russia, Ivory Coast, Niger . Niger, Nigeria, Paris, Ghana, Togo, Benin, France, United States, Burkina Faso's, Ouagadougou, West Africa, United, London, Bamako, Guinea, China

☆ South Carolina lawmaker Brandon Guffey is suing Instagram after his son died by suicide
▼ + stars: | 2024-01-30 | by ( Faith Karimi | ) edition.cnn.com time to read: +9 min

CNN —About two weeks after his oldest son’s funeral, South Carolina state house Rep. Brandon Guffey says he received a private Instagram message with a laughing emoji. Then Guffey and his younger son began to get messages demanding money in exchange for nude photos of his late son. South Carolina State Rep. Brandon Guffey in an undated photo with his wife, Melissa, and their sons, Gavin, 17, Coen, 16, and Callahan, 4. Minutes before he died by suicide in July 2022, Gavin Guffey sent his brother and friends this text message. South Carolina state Rep. Brandon Guffey, right, has lobbied hard for tougher penalties for sextortion scammers.

Persons: Brandon Guffey, Gavin Guffey, Guffey, Gavin, Melissa, Coen, Callahan, they’ve, Gavin Guffey texted, Gavin texted, Henry McMaster, scammers, Brandon Guffey “, ” Guffey, “, ”, ‘, “ Meta, It’s, ” Douglas DePodesta, ” Gavin Guffey, Jordan DeMay, Ryan Last, sextortion scammers, I’m, they’re, “ They’re, he’s, He’s Organizations: CNN, Meta, South Carolina State Rep, Gov, FBI, United States Attorney’s Office, Western, Western District of Michigan, Facebook, Rep, sextortion, Communications Locations: South Carolina, “, Rock Hill , South Carolina, Venmo, Memphis, United, Western District, Nigeria, Marquette , Michigan, San Jose , California

☆ Sony is making a bold bet on an African gaming startup to boost PlayStation’s reach in the continent
▼ + stars: | 2024-01-29 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Sony is making a bold bet on Africa's video game industry. The Japanese consumer electronics and gaming giant has invested an undisclosed sum into Carry1st, a video game studio based in Cape Town, South Africa, via its Sony Innovation Fund venture arm, Carry1st told CNBC exclusively. The deal is a strategic investment that will see the two companies partner on a range of commercial opportunities. "We believe very firmly that there is an incredibly underrated console opportunity in Africa," Robbin-Coker said, citing countries like Nigeria, Morocco and Algeria as places where console adoption is rising a lot. Sony is coming into an emerging gaming market with blistering growth potential.

Persons: Carry1st, Cordel, Coker Organizations: Sony, Sony Innovation Fund, CNBC, PlayStation Locations: Cape Town , South Africa, Africa, Nigeria, Morocco, Algeria, Konvoy

ABUJA, Nigeria (AP) — Three West African nations of Mali, Burkina Faso and Niger have withdrawn from the regional economic bloc known as ECOWAS, their respective juntas announced Sunday, accusing the bloc of “inhumane” sanctions to reverse the coups in their nations. The juntas said in a joint statement read on state television that they have “decided in complete sovereignty on the immediate withdrawal of Burkina Faso, Mali and Niger from the Economic Community of West African States (ECOWAS), alleging that the bloc has “moved away from the ideals of its founding fathers and pan-Africanism” after nearly 50 years of its establishment. “Furthermore, ECOWAS, under the influence of foreign powers, betraying its founding principles, has become a threat to its member states and its populations whose happiness it is supposed to ensure,” their statements read. It is the latest twist in a series of events that have deepened political tension in West Africa since it experienced its latest of a string of coups — in Niger — last year. This material may not be published, broadcast, rewritten or redistributed.

Persons: juntas, “ Organizations: Economic, West African States, ECOWAS, Associated Press Locations: ABUJA, Nigeria, Mali, Burkina Faso, Niger, West Africa, Niger —

☆ Cameroon squeaks by Gambia in AFCON game dubbed the ‘best match in the history of football’
▼ + stars: | 2024-01-24 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —The Africa Cup of Nations (AFCON) is always entertaining, but few games in the history of the competition can stand up to Cameroon’s 3-2 win against Gambia on Tuesday. “The match, like all of AFCON, is insane,” he added in a separate post. The first goal didn’t come until the 56th minute though, when Cameroon striker Karl Toko Ekambi headed his country in front. Gambia looked to have stunned the five-time AFCON champion but couldn't hold on in the frantic affair. The 2019 champion, which boasts an array of top-class talent, finished bottom of Group D after failing to win a single game in the group stages.

Persons: André Onana, Andrés Onrubia Ramos, ”, didn’t, Karl Toko Ekambi, deservedly, Ablie Jallow, Kenzo Tribouillard, Colley’s, Gambia’s James Gomez, ‘, Christopher Wooh, Wooh, De verdad, Iba, Muhammed Sanneh, Tom Sainfait, ” Onrubia, “, Yali Dellahi’s Organizations: CNN, Africa, of Nations, Gambia, Cameroon, Manchester United, Getty, Lions, PARTIDO, LA HISTORIA DEL FÚTBOL, C, Nigeria, Mauritania Locations: Spanish, Cameroon, Gambia, AFP, GOL, GAMBIA, el, @AndiOnrubia, Algeria

☆ U.S. Strikes 3 Sites in Iraq After Attack on Base
▼ + stars: | 2024-01-24 | by ( Eric Schmitt | ) www.nytimes.com time to read: +5 min

One of Israel’s war goals is to create conditions that will persuade Israeli evacuees that it is safe to return home. John Kirby, a spokesman for the National Security Council, repeated that objection on Tuesday, when asked at a White House news briefing about Israel’s moves to create a buffer zone. The majority of Gaza’s buildings have been damaged during the war, according to United Nations estimates, and more than 25,000 Gazans have been killed, according to Gazan officials. Israeli ministers have also hinted of plans to create such a buffer zone since the first weeks of the war. “No matter who you are, you will never be able to come close to the Israeli border,” Mr. Dichter said.

Persons: Israel, Gazan, Daniel Hagari, John Kirby, ” Mr, Kirby, Antony J, Mr, Blinken, we’ve, Balakrishnan Rajagopal, Rajagopal, “, Eli Cohen, Avi Dichter, Dichter, Gabby Sobelman, Rawan Sheikh Ahmad, Erica L, Green, Michael Crowley Organizations: State Department, National Security Council, White House, United Nations, Reuters Locations: Gaza, Israel, U.S, Nigeria, United States, ”, Palestinian, Geneva, “ Israel

☆ Widening Mideast Crisis U.S. Strikes 3 Sites in Iraq After Attack on Base
▼ + stars: | 2024-01-24 | by ( Eric Schmitt | ) www.nytimes.com time to read: +5 min

☆ US Determined to Remain Strong Security Partner for Nigeria -Blinken
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

ABUJA/WASHINGTON (Reuters) - Secretary of State Antony Blinken on Tuesday said the United States is determined to remain a strong security partner for Nigeria, whose military is backed by the U.S., Britain and other allies in a long war against Islamist insurgents. "The United States is determined to be and remain a strong security partner for Nigeria," Blinken told reporters. Blinken added that he discussed how it is vitally important there be a focus on ensuring civilians are protected and humanitarian considerations. The coup in Niger was one of a series of military takeovers or attempted power grabs that occurred in West and Central Africa over the past three years. So far, about $2 billion of the backlog across sectors such as manufacturing, aviation, and petroleum have been paid, CBN spokesperson Hakama Sidi Ali said in a statement.

Persons: Antony Blinken, Blinken, Bola Tinubu, Mohamed Bazoum, Hakama Sidi Ali, Chijioke Ohuocha, Felix Onuah, Daphne Psaledakis, Humeyra Pamuk, Simon Lewis, Ismail Shakil, Mark Porter, Daniel Wallis Organizations: Islamist, European Union, France, Central Bank of Nigeria Locations: ABUJA, WASHINGTON, United States, Nigeria, U.S, Britain, Niger, West, Central Africa, Abuja, Africa, Cape Verde, Ivory Coast, Angola, Jan, Africa's, Washington

☆ Africa's richest person just opened a $19 billion oil refinery to help Nigeria reduce fuel imports
▼ + stars: | 2024-01-21 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Read previewAfrica's richest person has opened one of the world's largest oil refineries in Nigeria. Aliko Dangote, the billionaire founder and chairman of the multinational conglomerate the Dangote Group, opened the Dangote Petroleum Refinery in a bid to help make Nigeria self-sufficient in fuel. This story is available exclusively to Business Insider subscribers. The $19 billion refinery, in the coastal city of Lekki, near Lagos, has suffered years of delays and setbacks, but it finally began production last week. This is something that the new Dangote refinery aims to change by eventually producing up to 650,000 barrels a day.

Persons: —, Aliko Dangote, Pius Utomi Ekpei, David Rubenstein, Dangote, Rafiq Raji, Raji, John Moore, Alhassan, Forbes, Rubenstein, Bill Gates, Gates, Aliko, Melinda Gates Organizations: Service, Dangote, Petroleum Refinery, Business, Dangote Petroleum, Center for Strategic, Studies, Africa, Bloomberg Global Business, West Africa's, Al, Azhar University, Dangote Cement, Bloomberg, Melinda Gates Foundation, English Premier League soccer, Arsenal Locations: Nigeria, Lekki, Lagos, AFP, New York, Nigerian, West, Egypt, Africa

☆ A Coffee Shop Wedding Goes Viral, for the Wrong Reasons
▼ + stars: | 2024-01-18 | by ( Alexander Nazaryan | ) www.nytimes.com time to read: +1 min

A couple of days after Aishat Bolomope’s wedding on Dec. 31, the newlywed realized that she might be spending her honeymoon on the choppy seas of internet outrage. A dispute between a wedding party and a coffee shop in Indianapolis had turned into a referendum on wedding etiquette and cultural norms, all of it warped by the distorting lens of social media. “The more I read, the more it broke my heart,” said Ms. Bolomope, a 28-year-old engineer. At the center of the maelstrom are the mother-daughter duo that runs the coffee shop, Mansion Society, and a young Nigerian couple (Ms. Bolomope and her husband, Opeyemi Akanni, 27) who wanted to marry there. On Dec. 5, Ms. Bolomope went there to speak with the building’s manager, Isaac Barrow, about holding a small wedding ceremony in the coffee shop.

Persons: Aishat, ”, Bolomope, Opeyemi Akanni, Isaac Barrow Organizations: Mansion Society Locations: Nigeria, Indianapolis, Nigerian

☆ Namibia stuns Tunisia to secure first ever AFCON victory
▼ + stars: | 2024-01-17 | by ( Matias Grez | ) edition.cnn.com time to read: +1 min

CNN —Namibia produced a historic upset to beat Tunisia 1-0 on Tuesday and record its first ever Africa Cup of Nations (AFCON) victory. Appearing in its fourth AFCON, Namibia had failed to win any of its previous nine finals matches, losing seven and drawing two. Tunisia, the 2004 AFCON champion, is the No. 2 seed Mali, with anything less than a victory likely plunging its qualification into doubt, while a buoyant Namibia faces South Africa. Wednesday’s Group E matches between Morocco and Tanzania and DR Congo and Zambia are the final two opening round fixtures to take place.

Persons: Deon Hotto, Mo Salah, Fadel Senna Organizations: CNN, Tunisia, Africa, of Nations, Ghana, Mozambique, Getty, Wednesday’s, DR Locations: Namibia, Tunisia, Ivory Coast, Cape Verde, Sunday, Egypt, Algeria, Cameroon, Nigeria, Mali, South Africa, AFP, Morocco, Tanzania, DR Congo, Zambia

Residents in the southwestern state of Oyo’s densely populated Ibadan city heard a loud blast at about 7:45 p.m., causing panic as many fled their homes. By Wednesday morning, security forces cordoned off the area while medical personnel and ambulances were on standby as rescue efforts intensified. Preliminary investigations showed the blast was caused by explosives stored for use in illegal mining operations, Oyo Gov. Seyi Makinde told reporters after visiting the site in the Bodija area of Ibadan. Political Cartoons View All 253 ImagesIt was not immediately clear who stored the explosives, and no arrest has been announced.

Persons: Seyi Makinde, ” Makinde, Saheed Akiode, Makinde, Anthony Adejuwon, ” Adejuwon Organizations: Emergency Management Agency, Associated Press, ”, Urban Alert Locations: ABUJA, Nigeria, Ibadan, Oyo, Bodija, “, trooped

☆ Bringing a Diversity of Hip-Hop Dance to the Concert Stage
▼ + stars: | 2024-01-16 | by ( Brian Seibert | ) www.nytimes.com time to read: +1 min

Fifty years into the history of hip-hop, street to stage transfers remain tricky. Hip-hop dance is diverse and globally dominant, but when it’s put on concert stages, something often gets lost. Over the past two weekends, the city’s newest theater, the marble cube of the Perelman Performing Arts Center, hosted “Motion/Matter,” a festival of street dance. The four dancers of Supa Rich Kids — from Ivory Coast, Nigeria and Spain, led by Oulouy — began caked in white powder, two inert on the ground, the third dragging the limp body of the fourth. Then they changed into wild outfits, screamed “African party!” and pulled members of the audience into the dance.

Persons: it’s, “, ”, Supa, Oulouy —, James Brown Organizations: Perelman Performing Arts Center, “ Afrikan Party Locations: Africa, Europe, Asia, Ivory Coast, Nigeria, Spain

☆ Shell to Sell Its Onshore Nigeria Oil Business for $1.3 Billion
▼ + stars: | 2024-01-16 | by ( Stanley Reed | More About Stanley Reed | ) www.nytimes.com time to read: 1 min

Shell said Tuesday that it had agreed to sell its onshore oil and gas business in Nigeria to a group dominated by local companies for $1.3 billion. The transaction is an effort by Europe’s largest energy company to reduce its risks in the country that is Africa’s largest oil producer. Nigeria has long been a cornerstone for Shell, but also the source of a damaging legal and environmental legacy. Other partners in the joint venture include Nigeria’s state oil company, which has a 55 percent stake, and France’s TotalEnergies. Shell will continue its offshore energy drilling in Nigeria, as well as its liquefied natural gas operations there.

Persons: Shell, France’s Organizations: Shell Locations: Nigeria, Niger Delta

“This agreement marks an important milestone for Shell in Nigeria, aligning with our previously announced intent to exit onshore oil production in the Niger Delta,” Zoe Yujnovich, Shell’s integrated gas and upstream director, said in a statement. The assets that Shell is selling are largely owned by the Nigerian government’s national oil company NNPC, which holds a 55% stake. However, pollution from oil and natural gas production has prevented residents from accessing clean water, hurt farming and fishing, and heightened tensions. Despite joint military operations and a government benefits program for former militants that accompanied the amnesty deal, the Niger Delta remains volatile. The oil industry faces risks of violence, including pipeline vandalism by oil thieves, whom companies often blame for oil spills.

Persons: — Shell, Shell, Zoe Yujnovich, France's TotalEnergies, ”, Ledum Mitee, Dumnamene Organizations: Shell, Aradel Energy, Nigerian, Eni, Movement, Ogoni, Youths, Environmental Advocacy, AP Locations: ABUJA, Nigeria, Niger Delta, West, London, Ogoni People, Niger, Guinea

ABUJA, Nigeria (AP) — Africa’s biggest oil refinery has begun production in Nigeria, the company has said, ending a yearslong wait for a plant that analysts said Monday could boost refining capacity in a region heavily reliant on imported petroleum products. The $19 billion facility, which has a capacity to produce 650,000 barrels per day, has started to produce diesel and aviation fuel, the Dangote Petroleum Refinery company reported Saturday. As Nigeria’s first privately owned oil refinery, the project "is a game-changer for our country,” it added. Nigeria is one of Africa’s top oil producers but imports refined petroleum products for its own use. At least 40% of the oil products made there also would be available for export, the company said,.

Persons: —, Nigeria’s, Olufola, Aliko, Dangote Organizations: Dangote Petroleum Refinery, NNPC Locations: ABUJA, Nigeria, Lagos

☆ How JPMorgan's Bola Oyesanya became the whisperer to rich law firm partners
▼ + stars: | 2024-01-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

One client, a law firm partner, refused to consider Oyesanya's suggestion of alternative investments. AdvertisementBanking to wealthy law firm partners is a desirable niche. Law firm partners averaged $1.12 million in compensation in 2022 according to a survey by recruiter Major, Lindsey & Africa, and top partners in Big Law can make more than $10 million a year. Now global head of JPMorgan's law firm and professional services group, Oyesanya is up against a formidable rival: her former employer. AdvertisementShe plans to strengthen JPMorgan's law firm group with the same ethos: serving customers well to earn their loyalty and their referrals.

Persons: Bola Oyesanya, Oyesanya, Wells, —, We're, Major, Jamie Dimon, Bola, Philip Waxelbaum, Waxelbaum, She, I've, what's Organizations: Citi, JPMorgan, Service, Banking, Big, Financial Times, Wells, Lagos Law School, Ogun University, City Trust Merchant Bank, Partners Locations: Nigeria, Wells Fargo, Lindsey, Africa, York

☆ As diversity, equity and inclusion comes under legal attack, companies quietly alter their programs
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +8 min

But others have targeted decades-old diversity programs that anti-affirmative action advocates have long tried to dismantle. said Danner-Okotie, who received $10,000 from a separate Fearless Fund grant. The Fearless Fund, Danner-Okotie said, grasped her mission of designing clothes for American women looking to celebrate their African heritage. The outcome of the case could be a bellwether for similar diversity programs. But some have made changes to diversity programs to try to protect them from legal scrutiny.

Persons: Sophia Danner, Okotie's, Fearless, Claudine Gay, Harvard Universitys, Erin Clark, Christopher Rufo, Harvard's, Rufo, George Floyd's, Danner, Okotie, Edward Blum, Morrison Foerster, Perkins Coie, Reagan, Dan Lennington, Lennington Organizations: Harvard, Harvard University, Boston Globe, Twitter, Black, Latina, American Alliance for Equal Rights, Disney, Pfizer, Comcast, Wisconsin Institute for Law & Liberty, Wisconsin Institute, U.S . Department, Business Enterprise Locations: America, Atlanta, India, Nigeria

☆ Top diplomats meet in Davos on Ukraine 'peace formula'
▼ + stars: | 2024-01-14 | by ( ) www.cnbc.com time to read: +2 min

Ukraine's President Volodymyr Zelenskyy speaks during a joint press conference with Lithuania's President (not in picture) in Vilnius, Lithuania, on January 10, 2024. Ukraine pushed ahead with its peace formula to end nearly two years of war with Russia with a meeting of national security advisers from around the world in Davos on Sunday. Switzerland, which hosted the NSA representatives, said the Ukraine peace talks aimed to finalise principles "for a lasting and just peace in Ukraine" at the level of national security advisers. The role of the Global South in Ukraine's peace formula talks has come into focus in Davos. It is unclear, however, if countries in the Global South agree with that as a peace formula.

Persons: Volodymyr Zelenskyy, Volodymyr Zelenskiy, Zelenskiy, Andriy Yermak, Penny Pritzker, James O'Brien, Jake Sullivan, Antony Blinken, Nuhu Ribadu, Yermak Organizations: Lithuania's, Sunday, Economic, U.S, State, Eurasian Affairs, National, NSA Locations: Vilnius, Lithuania, Ukraine, Russia, Davos, Switzerland, Africa, Latin America, East, Asia, Swiss

☆ Oil slides as Saudi price cuts counter Middle East worries
▼ + stars: | 2024-01-08 | by ( ) www.cnbc.com time to read: +2 min

In an aerial view, oil storage tanks at the Enterprise Sealy Station are seen on August 28, 2023 in Sealy, Texas. Oil prices fell by more than 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting supply concerns generated by escalating geopolitical tension in the Middle East. On Sunday rising supply and competition with rival producers prompted Saudi Arabia to cut the February official selling price (OSP) of its flagship Arab Light crude to Asia to the lowest level in 27 months. A Reuters survey on Friday found that OPEC oil output rose in December as increases in Iraq, Angola and Nigeria offset continuing cuts by Saudi Arabia and other members of the wider OPEC+ alliance. "However, that doesn't take into account the fact that geopolitical tensions in the Middle East are undeniably rising again, which will mean limited downside."

Persons: John Evans, Tony Sycamore, Antony Blinken, Vandana Hari Organizations: Enterprise, Brent, West Texas, PVM, Reuters, West, Vanda Insights, Libya's National Oil Corporation Locations: Sealy , Texas, Saudi Arabia, Yemeni, Red, Asia, Iraq, Angola, Nigeria, OPEC, Saudi, Gaza, West Bank, Lebanon, Syria

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