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Sri Lanka PM resigns after violent protest

Sri Lankan Prime Minister Mahinda Rajapaksa resigned Monday after dozens of people were hospitalised when his supporters armed with sticks and clubs attacked protestors. The country has suffered months of blackouts and dire shortages of food, fuel and medicines in its worst economic crisis since independence, sparking weeks of overwhelmingly …

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ASUU extends strike by 12 weeks

The Academic Staff Union of Universities has rolled over its ongoing strike for another 12 weeks. A statement signed by ASUU president, Prof. Emmanuel Osodeke, said this was to give the government enough time to satisfactorily resolve all the outstanding issues. It also stated that the roll-over strike was effective …

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Binance commits $500m for Elon Musk’s Twitter takeover

The world’s largest cryptocurrency exchange, Binance, has committed $500m in financing to help Elon Musk buy Twitter. The firm is among several financiers that said in a May 4 filing they would contribute towards the deal to fund Musk’s ownership of the social media platform. Altogether the 19 investors have …

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