The boss of oil giant Shell has insisted it can transition to net zero by 2050, but it will need the cash from its oil and gas business to pay for it. Ben van Beurden dismissed splitting its legacy oil and gas business from its renewables investment, a move urged by activist shareholder Third Point. […]
Month: November 2021
Google invites African start ups to apply for virtual accelerator program
Google has announced the commencement of applications for its three-month virtual accelerator programme for startups in 17 African countries. The countries include: Algeria, Botswana, Cameroon, Côte d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Tunisia, Uganda, and Zimbabwe. Mr Andy Volk, who leads Google’s developer and start up ecosystem efforts in […]
Ikoyi building collapse should enhance speedy passage of building code
Mr. Ekpenyong Ekpenyong, Chairman, Nigerian Institute of Builders (NIOB), Cross River chapter, on Thursday said the Ikoyi building collapse should enhance the speedy passage of a building code for the nation. Ekpenyong, who was reacting to the collapse of the 21-storey building in Ikoyi, Lagos, made the call in an interview with the News Agency […]
US based mushroom organisation presents certificates to 154 mushroom farmers
U.S.-based mushroom farmer Mbeng Adio Mushroom Farms (MAMF) Global LCC has awarded certificates to as many as 154 mushroom growers trained in mushroom cultivation. The News Agency of Nigeria (NAN) reports that MAMF Global, in collaboration with the Grassroot Agricultural Cooperative Society, previously organized a week-long mushroom training program to increase farmers’ production capacity and […]
Pressure on Bank of England to hike interest rates
All eyes are on Bank of England policymakers on Thursday as they face pressure to lift interest rates in response to rising inflation. Many analysts have predicted that rates will rise to 0.25% when the decision is announced at lunchtime. The UK’s main interest rate, set by the Bank’s Monetary Policy Committee (MPC), has been […]
FG unveils investment opportunities at Expo 2020 Dubai
The Nigerian Investment Promotion Commission (NIPC) says it is working with relevant agencies under the coordination of the Ministry of Industry, Trade and Investment to organise Nigeria’s participation at the 2020 World Expo in Dubai. The Acting Executive Secretary of NIPC, Mr Emeka Offor, told newsmen on Wednesday in Abuja, that the expo would attract […]
162 stranded Nigerians return from Libya
A total of 162 Nigerians stranded in Libya have been brought back to the country. The returnees arrived at the Murtala Muhammed International Airport (MMIA) in Lagos on Wednesday morning. A breakdown of the figure of the returnees shows that 98 of them are adult females, 28 are adult males, 19 are female children, five […]
UK firm trains Nigerian senators on optimising nation-building potentials
A leading UK firm, TEXEM UK, has completed a five-day training for Nigerian senators on optimising their legislative functions for nation-building. A press statement by TEXEM’s Director of Special Projects, Caroline Lucas on Wednesday in Abuja listed the beneficiaries as Sen. Sadiq Umar, Sen. Bulus Amos, and Sen. Yusuf Yusuf. Others are, Sen. Akon Eyakenyi, […]
Netflix launches first games on smartphones
Netflix is launching its first games worldwide as it seeks to break into the game subscription market. Starting Tuesday, the company will roll out updates to its Netflix app on Android smartphones, showing what games are available for download. To begin with, five mobile games are included for Netflix subscribers. The company is promising more […]
China, Russia Urge UN Security Council to Lift Economic Sanctions on N. Korea
China and Russia are set to introduce a joint resolution to the United Nations Security Council calling for an end to a host of economic sanctions on the isolated regime. Among the sanctions the two countries want lifted are a ban on North Koreans working overseas and sending home their earnings, exporting seafood and textiles […]