Headlines
Mayweather scores KO in front of watching Pacquiao

Floyd Mayweather knocked out mixed martial arts fighter Mikuru Asakura in the second round on Sunday in Japan in the latest of the boxing great’s post-retirement exhibitions.
The 45-year-old Mayweather floored his opponent with a right hand as his former welterweight foe Manny Pacquiao watched ringside in Saitama.
The American Mayweather, who retired in 2017 with an unbeaten 50-0 record, afterward dismissed any prospect of a fight with the similarly retired Pacquiao.
US boxer Floyd Mayweather (C) reacts after his victory over Japanese mixed martial artist Mikuru Asakura in the second round of their exhibition boxing match at the Saitama Super Arena in Saitama on September 25, 2022. (Photo by Philip FONG / AFP)
Mayweather arrived at Saitama Super Arena, north of Tokyo, just an hour before the fight.
He was shown on TV relaxing in a dressing room full of takeaway fast food, prior to making his ring walk.
On another easy payday for the self-styled “Money” Mayweather, the bell to end the second round sounded as Asakura hit the canvas, but it failed to save the Japanese fighter and he was unable to beat the count.
“It was another blockbuster turnout… boxing for me is like breathing,” Mayweather said, adding he is looking to fight more “YouTubers and MMA guys”.
Philippine great Pacquiao is not on his radar.
“I retired for a reason,” said Mayweather. “I’m here to have fun and enjoy myself… but I’m not going to take no punishment to the point to where I can barely walk and barely talk.
“People will always pay to get a glimpse of Floyd Mayweather,” he said, before asking, “so why would I go out there and… fight a top fighter when I can get the same amount of money for three rounds with whoever?”
Asakura, an MMA star and popular YouTuber in Japan, gave Mayweather more of a workout than the last time the American fought an exhibition in Japan, against kickboxing prodigy Tenshin Nasukawa in December 2018.
“I’m glad he threw a few shots, got the crowd excited. That’s what it’s about,” Mayweather said.
“I’m proud of him. I’m proud he came out here. He helped me entertain people. He did what he was supposed to do… We both had fun.”
Mayweather is reportedly close to agreeing on a rematch in 2023 with UFC star Conor McGregor.
Mayweather beat McGregor in his final fight before retirement.
The Mayweather-Asakura bout had no judges, meaning the result would not count on the fighter’s record.
Mayweather predicted last week that the fight would be an “easy payday, easy cheque, easy opponent”.
His retirement has not stopped him from raking in millions of dollars from a series of exhibitions.
In his 2018 match with Nasukawa, a kickboxer less than half his age, Mayweather floored him three times in the first round in a two-minute fight that he hinted online had netted him $9 million.
Headlines
China Introduces Instant Tax Refunds for Foreign Tourists to Boost Shopping Experience

China has revamped its tax refund policy for foreign tourists, shifting from a refund-upon-departure model to a more convenient refund-upon-purchase system, according to the State Taxation Administration (STA).
The STA announced on Tuesday that under the new system, foreign visitors can now claim Value Added Tax (VAT) rebates instantly at designated tax-free stores. This change allows tourists to use their refunded amount immediately for additional shopping, enhancing their overall experience in China.
Previously, VAT rebates could only be withdrawn upon departure, but with the new policy, tourists will be able to access their refunds in real-time during their stay. The policy, which was initially tested in cities like Shanghai, Beijing, and Guangdong, has now passed all operational requirements and will be rolled out nationwide.
The STA emphasized its dedication to improving policy guidance and simplifying refund procedures to better serve international visitors.
Li Xuhong, Vice-President and Professor at the Beijing National Accounting Institute, welcomed the change, stating that the nationwide implementation would raise China’s tourism service standards. “It will foster a friendly, efficient, and convenient tourism environment,” Xuhong added.
Headlines
Nigeria Reaffirms Commitment to One-China Policy Amid Taiwan’s Trade Office Claims

Rep. Jaafaru Yakubu, Chairman of the House of Representatives Committee on China-Nigeria Parliamentary Relations, has reiterated Nigeria’s firm commitment to the One-China Policy, following recent comments by Taiwan’s Trade Mission Head in Nigeria, Andy Yih-Ping Liu.
Speaking in Abuja on Tuesday, Yakubu firmly declared that Nigeria continues to recognize Taiwan as an integral part of the People’s Republic of China. He rejected Liu’s claim that Taiwan was not part of China, labelling it as “propaganda” aimed at undermining the strong diplomatic ties between Nigeria and China.
“For the record, United Nations General Assembly Resolution 2758, adopted in 1971, recognised the People’s Republic of China as the sole legitimate representative of all of China, including Taiwan,” Yakubu stated. “The One-China Policy remains the cornerstone of China-Nigeria relations.”
He emphasized that since Nigeria and China established diplomatic ties in 1971, the country has consistently upheld this principle. “Efforts by Taiwan’s trade office to challenge this stance are futile and will not succeed,” Yakubu added.
Yakubu criticized Liu’s comments as an attempt to draw Nigeria into China’s internal matters, accusing the Taiwanese official of deliberately sowing discord and provoking a diplomatic rift. “Nigeria’s relationship with China is built on mutual respect and non-interference in each other’s political matters,” he said.
In response to Liu’s claim that China acted as a bully, Yakubu pointed to the positive trajectory of Nigeria-China relations. “Contrary to these baseless assertions, Nigeria has enjoyed a mutually beneficial partnership with China, yielding tangible results for both nations. Since 1971, our ties have grown significantly.”
He highlighted the strategic nature of the partnership, referencing the elevation of the relationship to a Comprehensive Strategic Partnership during the 2024 FOCAC Summit in Beijing. “Today, Nigeria stands as China’s second-largest trading partner in Africa, with bilateral trade surpassing 20 billion dollars,” Yakubu noted.
Furthermore, Yakubu praised China’s role in Nigeria’s infrastructural development, with investments in sectors such as rail networks, roads, ports, power stations, and water treatment facilities.
Headlines
Shettima Warns Media Against Romanticising National Challenges

Vice President Kashim Shettima has cautioned Nigerian media practitioners against the growing tendency to romanticise serious national issues, describing the trend as a dangerous departure from the media’s constitutional duty of promoting truth and accountability.
Represented by his Special Adviser on Special Duties, Modibbo Umar, the Vice President issued the warning on Tuesday while delivering a speech at the 17th LEADERSHIP Conference and Awards held at the Old Banquet Hall of the State House, Abuja.
“We must resist the temptation to romanticise serious national issues or frame them in ways that distort public understanding,” Shettima said. “Doing so only weakens the fabric of our democracy and derails our collective efforts at nation-building.”
The Vice President’s remarks came as stakeholders in governance, business, and civil society gathered to reflect on the theme of the event, “Challenges and Opportunities in Nigeria’s Fiscal Federalism.” The conference provided a platform for thoughtful engagement on some of the country’s most pressing issues, with a focus on the responsibilities of leadership at all levels.
Shettima also used the occasion to commend LEADERSHIP Newspapers Group for its consistent contributions to national discourse and its commitment to celebrating excellence in leadership.
“I commend LEADERSHIP Newspaper for the vision to convene this vital discourse and for shining the light on those who have chosen to lead with courage and competence. May we never tire of striving for a better Nigeria,” he said.
The annual LEADERSHIP Conference and Awards continues to be a major event that brings together influential voices to deliberate on national progress and honour individuals and institutions making meaningful impact in society.
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