Alibaba Announces Surprise Departure Of Ex-CEO

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Alibaba Announces Surprise Departure Of Ex-CEO

Two months after announcing his appointment as head of the firm's new cloud computing branch, Alibaba said its now ex-boss was no longer with the company.

Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring.

(FILES) This file photo taken on June 14, 2023 shows the Chinese e-commerce company Alibaba logo during the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition centre in Paris. – Chinese tech giant Alibaba announced on June 20, 2023 that it will replace chairman and CEO Daniel Zhang with current executive vice chairman Joseph Tsai as chairman and Eddie Wu as CEO in September. 

Hangzhou-based Alibaba is one of China’s most prominent technology firms, with business operations spanning cloud computing, e-commerce, logistics, media and entertainment, and artificial intelligence.

After years of turbulence in the Chinese tech sector, Alibaba in March announced the biggest restructuring in its history, dividing itself into six entities, with the goal of listing them on the stock exchange separately.

CEO Daniel Zhang was due to take charge of the firm’s new cloud computing branch, now a separate entity, on Monday.

But two months after announcing his appointment, Alibaba said its now ex-boss was no longer with the company.

“The board of our Company expresses its deepest appreciation to Mr Zhang for his contributions to Alibaba Group over the past 16 years,” the company said in a statement to the Hong Kong Stock Exchange, where it is listed, late on Sunday.

It gave no reason for his departure.

Plans for a spin-off cloud computing firm would go ahead, Alibaba said, “under a separate management team to be appointed”.

The company announced in June that Zhang would be replaced by Joseph Tsai as chairman and Eddie Wu as CEO.

(FILES) Daniel Zhang, executive chairman and chief executive officer of Chinese e-commerce giant Alibaba Group, speaks during a ceremony to announce a strategic partnership between the Alibaba Group and Universal Beijing Resort in Beijing on October 17, 2019. 

The executive played a vital role in the company’s success in the past decade, spearheading the now hugely popular Singles’ Day shopping festival since its first edition in 2009.

Shares in the firm sank nearly 3.5 percent Monday — the first working day of its new reorganisation into six distinct branches.

In addition to e-commerce and cloud computing, Alibaba’s reach stretches into everything from logistics to media, entertainment and artificial intelligence.

But its vast size brought it into the crosshairs of Chinese regulators as Beijing sought to crack down on the tech sector.

In 2020, Alibaba became the country’s first tech giant to bear the brunt of increased oversight, when authorities called off what would have become one of the most valuable public listings in history — valued at $34 billion — for its former subsidiary Ant Group.

Ant Group is the owner of Alipay, a mobile payment application widely used in China.

One month after officials hit the brakes on its IPO, Alibaba was investigated for alleged anti-competitive practices, then issued a $2.8 billion fine.

And in July authorities fined Ant Group nearly $1 billion for breaching banking regulations.

NDLEA Captures 399 Kaduna Bound Explosives; Captures Grandma,Seizes Lots Of Illegal Medications

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NDLEA Captures 399 Kaduna Bound Explosives; Captures Grandma,Seizes Lots Of Illegal Medications

NDLEA Launches Manhunt For Lekki Drug Dealer Who Crushed Operative To Escape Arrest

Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted consignments of skunk concealed in tins of tomato paste and methamphetamine hidden in used clothes, meant for export to Dubai, the United Arab Emirates.

In a proclamation endorsed by the organization's representative Femi Babafemi, while the skunk in tomato glues transfer weighing 20.00 kilograms was blocked on Friday, eighth September at the SAHCO send out shed of the Murtala Muhammed Global Air terminal, MMIA Ikeja, the meth shipment with a gross load of 1.60kg was seized at a dispatch organization in Lagos.

One more transfer of 556 grams of Canadian Uproarious sent from Canada to one Tunji Adebayo in Ikorodu, Lagos was likewise captured by NDLEA officials of the Directorate of Tasks and General Examination, DOGI, appended to dispatch firms.

However Adebayo was not home when agents visited his home at 52, Aina Atoloye road, Ikorodu, he anyway guided his more youthful sibling to finish paperwork for the bundle for his sake. The sibling was expeditiously captured.

In the mean time, NDLEA agents on Monday fourth September struck the territory of a famous medication master in Akala, Mushin, Lagos, Abdul Rauf (otherwise known as 'Na God') where 1,101kgs of Ghanaian Uproarious were recuperated and three suspects captured while the needed head honcho stays at large.

In Kogi, 22-year-old Agada Emmanuel was captured with 77.400kgs pot on Thursday seventh September along Okene - Lokoja - Abuja turnpike while a sum of 369,980 pills of narcotics were likewise recuperated on a similar street on Monday fourth September and the suspect connected to the seizure, Kabiru Ahmad Abdullahi captured in a subsequent activity in Gombe state.

No less than 399 bits of ad libbed touchy gadgets were recuperated by NDLEA agents from one Asana Oluwagbenga Leke, 39, along Mokwa-Jebba street on Thursday seventh September. In his proclamation, the suspect said the explosives were given to him at a recreation area in Ibadan to be conveyed to somebody in Kaduna.

The suspect and shows have since been moved to the tactical experts in Niger state.

In Ogun express, a subsequent activity prompted the capture of Yinka Azeez at Sabo Lafenwa, Abeokuta, on Tuesday fifth September following the capture of 41kgs weed from Titilayo Adetayo at Sagumu Exchange the earlier day.

At any rate, two suspects: Muhammad Aliyu, 38, and Abdullahi Zakariya, 40, were captured in Zaria-Kano Street and Haye Arewa, Hotoro, Kano, separately, over 426.5 kilograms of skunk seized from them on Tuesday fifth September.

While Onyeka Uzor, 25, was captured at Idemili, Anambra state, with 64.8kgs skunk and tramadol.

Aanother suspect, Fate Irabor was captured on Friday eighth September with over 180kgs of narcotics stacked in his Toyota Sienna transport.

In Kaduna, two suspects: Ahmed Yusuf and Rilwan Nura were captured on Wednesday sixth September regarding the capture of 100 blocks of marijuana gauging 55kgs along Abuja street.

In Edo state, agents raged the Ekudo timberland, Onwude LGA where they annihilated weed ranches estimating 4.236347 hectares. Along these lines, agents on Thursday seventh September struck the place of one Amuodu Egwehide, 40, in Iloje Okpuje, Owan West LGA, where they recuperated 22 packs of skunk gauging 261.4kgs, while a 60-year-old grandmother, Eunice Egwehide was captured in the town same day with 17kgs of same substance seized from her.

A suspect, Gapchiya Modu, 26, was captured with 60kgs of marijuana along Kano-Nguru Street, Nguru, Yobe state, while in Imo state, 200 blocks of a similar substance gauging 57kgs were recuperated from Usim Orji, 45, along Aba-Owerri street on Wednesday sixth September.

After more than two months of reconnaissance, NDLEA agents on Wednesday sixth September captured a needed boss, Idoko Festus Ifesinachi, 40, connected to the importation of 76.9kgs Canadian Noisy caught in a holder checked MSDU6686346 at the Port Harcourt Ports Complex, Onne, Waterways state on second June. He was captured at his hideaway in Lagos and taken to Port Harcourt.

Close to the different medication control endeavors, the state Orders and arrangements likewise proceeded with the Organization's Conflict Against Illicit drug use, WADA, backing efforts to schools, love spots, royal residences and neighborhood networks among others. Among them incorporate WADA support visit to His Illustrious Height, Emir of Hadejia, Alhaji Adamu Abubakar Maji; the sharpening addresses led for individuals from Beauticians Affiliation, Ila Orangun; at RCCG, Domain Pinnacle, Port Harcourt, and for Muslim faithful at Harmony Estate central mosque, Ilorin, among others. 

Rivers State Government Puts N100 Million Abundance On Enemies Of Divisional Cop

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Rivers State Government Puts N100 Million Abundance On Enemies Of Divisional Cop

Divisional Police Officer, Ahoada Division, Bako Angbashim

Rivers State Government says it won't rest until every one of those behind the abhorrent homicide of the Divisional Cop, Ahoada Division, Bako Angbashim are caught.

Talking after a crisis security meeting on Sunday, Governor Sim Fubara who communicated profound lament over the occurrence guarantees that every one of the culprits will be caught either in any condition focusing on that Waterways State won't ever be a permanent spot for guiltiness.

Director of Police Bako Angbashim, who was the Divisional Cop of Ahoada Division in Rivers State, was abhorrently killed on Friday, 8 September 2023

SP Bako and his group were trapped around the Odiemudie People group in Ahoada East Neighborhood Government region while getting back from an activity

He was said to have been fired in the following gunfight, caught and afterward killed by his capturers.

The Rivers State Government says believable knowledge from security organizations has followed the occurrence to a group of thugs drove by one Gift David Okpara Okpolowu, otherwise called 2-baba

The posse has additionally been faulted for the resurgence of vicious violations, remembering capturing for Ahoada East nearby government region

Talking after another crisis meeting of the Rivers State Security Gathering, Governor Sim Fubara says his organization won't rest until every one of those behind the grievous wrongdoing are brought to book.

He adds that his organization won't crease its arms and permit hoodlums and violations to reappear and flourish in any piece of the state

Governor Fubara likewise identifies with the group of the departed Cop.

The late SP Bako Angbashim was extremely well known with occupants of Rivers State.

He was nicknamed "Great DPO" in view of his local area policing procedures.

SP Bako was additionally attributed with assisting with reestablishing harmony in a few networks in Ogoniland.

He passed on battling to keep individuals of Rivers State safe and got

Governor Sim Fubara has vowed to do all that to guarantee that the penance of the courageous and loyal official doesn't go to no end

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Banditry: OPHD Troops Rescue 18 Hostages In Kebbi, Zamfara States

Rescued kidnap victims by OPHD in Zamfara State

Troops of the Joint Team Northwest Activity, HADARIN DAJI has again saved in excess of 18 captured casualties in Kebbi and Zamfara States, Northwest Nigeria.

An Assertion by the OPHD Power Data Official, Commander Yahaya Ibrahim said the victories were accomplished on ninth September 2023 when the soldiers sent at Forward Working Base, Dandy, in Anka Neighborhood Government Area of Zamfara state effectively saved 5 grabbed casualties after a firearm duel with furnished scoundrels along Anka - Baggega Street in the disturbed State.

It says the casualties were snatched by outfitted criminals who hindered Anka - Baggega Street and stole a few seized people in a Lope Truck while passing products on to Baggega Market in Anka LGA.

Likewise, Troops of Dandy Hannutara in Zamfara state saved 2 casualties who were hijacked from their farmlands.

They were deserted by their capturers when they located the soldiers on daily schedule and certainty building watch while moving toward the ranch.

Likewise following up on trouble calls from local people on equipped criminals' abducting exercises in Danfanmi town, Kaura Namoda Neighborhood Government Region of the State, troops of OPHD in Birnin Magaji LGA quickly assembled to the towns which prompted the salvage of 3 casualties.

In another turn of events, on eighth September 2023, troops of Forward Working Base, Dandy, at Baggega in Zamfara state while on a battling watch caught and saved 6 hijacked casualties who got away from their prisoners in Gando timberland.

Primer examination uncovered that the casualties were seized from the Mahuta people group in Kebbi State Northwest Nigeria, and have burned through ten weeks in imprisonment.

Moreover, troops sent at Tsafe LGA of Zamfara state saved 2 females who were hijacked in the late hours when outlaws attacked their local area. The females were quickly taken to General Clinic Tsafe for clinical consideration.

All saved casualties were given over to the suitable power to rejoin them with their families.

The Administrator, Joint Team Northwest, Activity HADARIN DAJI, OPHD, Significant General Godwin Mutkut who additionally is the General Official Telling, GOC, 8 Division of the Nigerian Armed force, Sokoto, has kept on lauding the soldiers for their life, versatility, and brief reaction to trouble calls which prompted the salvage of the people in question.

General Mutkut additionally valued the cooperative endeavors of individuals of the Northwest for giving opportune data to the Soldiers even as he guaranteed individuals of the troop's responsibility and devotion to giving satisfactory security to the district.

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Emirates Airlines: Tinubu Stops Over In UAE To End Protracted Face-Off

President Bola Tinubu

President Bola Tinubu will meet with the authority of the Unified Middle Easterner Emirates, UAE, during a specialized visit in Abu Dhabi after his takeoff from New Delhi, India.

The gathering will act as a subsequent conversation to resolve explicit and remarkable issues in reciprocal connection between the two nations after discussions held during show of Letter of Confidence to President Tinubu by the new UAE Minister to Nigeria.

An assertion from Unique Guide on Media and Exposure, Ajuri Ngelale says the President is boosting the chance of the visit to similarly propel his speculation advancement targets with significant level experts in general society and confidential areas of the Unified Bedouin Emirates.

Following a fruitful speculation drive uninvolved of the G20 Culmination, dynamic support in the New Delhi meeting, and a useful visit in the UAE, the President is supposed to get back to Abuja following his respective commitment.

Taskforce To Implement Oct 1 Movement Of Int'l Aircrafts To New Terminal Structure In Lagos Air terminal

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Taskforce To Implement Oct 1 Movement Of Int'l Aircrafts To New Terminal Structure In Lagos Air terminal

Minister of Aviation and Aerospace Development, Festus Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo has set up a five-member taskforce to handle the relocation or Airlines from the old terminal building of the Murtala Mohammed International Airport Lagos to the new Chinese built facility.

Keyamo noticed that the panel will be worried about the early stage struggles of migrating the global carriers to the new terminal which was required by the new fire flare-up at the old worldwide terminal.

The taskforce headed by a resigned super durable secretary and previous Overseer of the Division of Air Transport The board, Hassan Musa has the essential task to determine traveler worries as it connects with issues coming from terminal movement and endeavors at smoothing out processes at the two terminals while intently observing activities for 24 hours day to day.

He swore that viable public correspondence will be upgraded, as they will be straightforward during the cycle by giving customary reports on progress made in tending to worries emerging from Carriers movement.

The Minister communicated his most profound second thoughts over the burden caused and guarantees all explorers that they are completely dedicated to settling these worries instantly. The worldwide carriers have previously been given a dateline of October 1 to migrate their tasks to the new terminal.

Different individuals from the taskforce are Head supervisor, Aerodrome NCAA, Adebayo Oladipo; and three assistants of the Minister, Collins Mukoro,

Uyoyo Edhekpo and

Henry Agbebire.

G20 Enrollment Will Permit Africa To Assist with answering 'Worldwide Difficulties' - Au

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G20 Enrollment Will Permit Africa To Assist with answering 'Worldwide Difficulties' - Au

The African Association ready for action has 55 individuals yet six junta-governed countries are at present suspended.

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German Chancellor Olaf Scholz (C) speaks during a session at the G20 Leaders’ Summit in New Delhi on September 9, 2023.

 

The African Union’s entry Saturday into the G20 will allow the continent to make “its effective contribution” in helping the world meet global challenges, AU Commission head Moussa Faki Mahamat said.

"I invite the African Association's entrance into the G20 as full part. This enrollment, for which we have for quite some time been supporting, will give a hopeful structure to enhancing backing for the Mainland and its powerful commitment to meeting worldwide difficulties," he composed on X, previously known as Twitter.

The African Association ready for action has 55 individuals yet six junta-governed countries are at present suspended. On the whole, it has a Gross domestic product of $3 trillion for certain 1.4 billion individuals.

As the G20, the gathering included 19 nations and the European Association, addressing 85% of the world Gross domestic product, with South Africa its just part state from the mainland.

As the G20, the gathering included 19 nations and the European Association, addressing 85% of the world Gross domestic product, with South Africa its just part state from the mainland.

"As a mainland, we anticipate further propelling our desires on the worldwide stage utilizing the G20 stage," Nigerian President Bola Ahmed Tinubu, who is at the highest point, posted on X, previously known as Twitter.

Kenyan President William Ruto said the move will "give African interests and points of view voice and perceivability in this significant body".

"With Africa ready to fill before long, a seat will permit it to shape the choices of G20 to guarantee the mainland's advantages are progressed," he said.

"The result of the fair finished up Africa Environment Culmination including basic changes of global monetary organizations and multilateral improvement banks is one thing that AU will propel," he added.