Google on Wednesday announced its intent to establish a new Google Cloud region in South Africa – its first on the continent that would help create jobs and increase Africa’s presence online. This was made known at the second Google for Africa hybrid event in Lagos, and the Google Cloud is one of the ways […]
Last week, Apple announced plans to make its latest phone model – iPhone 14 – in India, a significant milestone in the company’s strategy to diversify manufacturing outside of China. Five percent of iPhone 14 production is expected to shift to the country this year, much sooner than analysts had anticipated. By 2025, a quarter […]
There are strong indications that the Federal Government may have failed in its policy and regulatory direction towards harnessing existing 14,120MW of exploitable hydropower despite the country’s gross energy deficit. While hydropower currently provides the cheapest form of electricity on the national grid, $7.1 billion Mambilla Hydroelectric Power Station of 3,050MW and the 700MW Zungeru […]
The Federal Government says Nigeria will need one trillion Naira to cater for the health of the vulnerable citizens across the country. This would be done through the Basic Health Care Provision Fund (BHCPF). Dr Chris Isokpunwu, Secretary of the Ministerial Oversight committee for BHCPF, Federal Ministry of Health (FMOH), said this in Abuja at […]
The Pro-Chancellor and Chairman of Governing Council, University of Lagos (UNILAG), Olanrewaju Tejuosho, has said that the institution will, on Friday, October 7, 2022, announce its new substantive vice chancellor, who will take over from outgoing Prof. Oluwatoyin Ogundipe. Ogundipe, the 12th substantive VC and a professor of Botany, is billed to end his five-year […]
An ad hoc committee of the House of Representatives on Tuesday queried the implementation of the Escravos gas-to-liquids (EGTL) Gas Project. The committee said the project which should cost 2.9 billion dollars was quoted as 10.7 billion dollars. The committee on the Joint Venture of the NNPC limited, raised concerns when the management of Chevron […]
South Korea’s military has apologised after a failed missile launch during a joint drill with the United States sparked alarm among residents in the coastal city of Gangneung. They reported hearing an explosion and seeing a fire overnight. But the military, which has said there were no casualties, did not acknowledge the incident until seven […]
Geregu Power Plc will be listed on the Nigerian Exchange Group (NGX)’s Main Board on Wednesday. According to NGX, 2.5bn shares of the company will be listed by introduction. Geregu Power, a leading power generation, will have a listing price of N100 per share and will trade under the code Geregu with a market capitalisation […]
The World Health Organisation (WHO), on Tuesday launched the first-ever research blueprint for tackling dementia. The News Agency of Nigeria (NAN) reports that the WHO said worldwide, around 55 million people have dementia, with over 60 per cent living in low- and middle-income countries. The world health body said as the proportion of older people […]
