The Federal Ministry of Mines and Steel Development in collaboration with Oyo State Government plan to conduct airborne geophysical survey of mineral resources in the state. Mr Kaka Imam, Director of Geophysics Department, Nigerian Geological Survey Agency (NGSA) announced the plan in Ibadan on behalf of Mr Olamilekan Adegbite, Minister of Mines and Steel Development. […]
The World Bank Group has called on the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to improve primary healthcare. “If we want to improve healthcare in Nigeria, we need to tax the things that are killing us. “The economic rationale for taxing these products is strong if we want to […]
The Lagos State Environmental Protection Agency (LASEPA), has called for collective support against unlawful trade of wildlife, hunting and possession of wildlife parts. The General Manager of LASEPA, Dr. Dolapo Fasawe, made the call on the heels of the recovery of a sea turtle from an illegal poacher, who was arrested by the officials of […]
Debt collectors are now allowed to contact Americans on social media and by text message, according to new rules enacted by a US agency this week. The rule from the Consumer Financial Protection Bureau (CFPB) opens the door for creditors to slide into the DMs of millions of Americans who have loans. Critics say the […]
Grab – the Uber of South East Asia – has made its stock market debut on New York’s Nasdaq trading platform. Shares initially rose in the Singapore-based operator of the ride-hailing and payments app, before falling sharply. The share sale valued Grab at more than $40bn (£30bn), making it the largest ever US listing by […]
Major oil producers decided Thursday to keep raising output levels in January, despite the Omicron coronavirus variant raising fresh questions over demand. The OPEC+ alliance led by Saudi Arabia and Russia had so far resisted US-led pressure to significantly boost output to rein in surging energy prices. Observers had expected the club to opt for […]
Further to the buyout announcement of Oct. 4, Airtel Africa Plc. has announced the completion of the minority shareholding buyback of Airtel Networks Ltd. (Airtel Nigeria). This is contained in a notice signed by the group’s Company Secretary, Simon O’Hara, posted on the website of the Nigerian Exchange Ltd., on Thursday in Lagos. According to […]
Facebook’s parent company Meta said Wednesday it had derailed an anti-vaccine campaign that harassed medical workers, journalists, and elected officials, in a signal of the ongoing pressure from coronavirus pandemic-tied misinformation. The social media giant took down accounts in France and Italy that were linked to a conspiracy movement called “V_V”, which inundated pro-vaccine posts […]
Walt Disney has elected a woman to become its chairman for the first time in the entertainment giant’s 98-year history. Susan Arnold, who has been a Disney board member for 14 years, will succeed Bob Iger at the end of this year. She was formerly an executive at global investment firm Carlyle. Mr Iger, who […]
Executives of eight major cryptocurrency firms have been called to testify before a US congressional committee on 8 December. Witnesses called to appear include Coinbase’s Alesia Haas, Circle’s Jeremy Allaire and Bitfury’s Brian Brooks. It will be the first time companies representing the controversial sector have been questioned in this way. US politicians across the […]