Oil giant Shell was aware of the consequences of climate change, and the role fossil fuels were playing in it, as far back as 1988, documents unearthed by a Dutch news organisation have revealed. They include a calculation that the oil company’s products alone were responsible for 4 per cent of total global carbon emissions […]
The pork industry has been affected by the listeriosis outbreak. The listeriosis crisis has tumbled South Africa’s pork industry into an overnight crisis. Profits of pork producers have dropped as much as 40%, which resulted in millions of rands of losses for pig farmers, since the outbreak. Johann Kotzé, CEO of the SA Pork Producer’s […]
Some Nigerian banks failed to submit their audited reports for the 2017 financial year, missing the deadline given by the Nigerian Stock Exchange, NSE. The banks, listed on the NSE, in their various disclosures gave different reasons for the delays in the submission. The NSE had announced March 31 as the deadline for filing of […]
-Luxury automaker Aston Martin is reportedly preparing for an IPO. -The IPO could be worth as much as £5 billion, according to reports. -The manufacturer is currently owned by Italian private equity fund Investindustrial. Luxury carmaker Aston Martin is lining up three banks to manage a floatation that could value the firm at between £4bn […]
“We wanted to design the world’s most desirable EV and I’m confident we’ve met that challenge,” says director of Jaguar design Ian Callum. He is referring to the I-Pace, the marque’s first pure battery-powered electric car, teased today ahead of the global debut next week at the 2018 Geneva Motor Show. The I-Pace is an […]
Participants in the world’s most popular ponzi scheme Mavrodi Mundial Moneybox (MMM), are counting their losses as administrators of the programme have officially shut down operations worldwide following the death of its founder, Sergey Mavrodi. It would be recalled that Mavrodi died on March 26, after a heart attack. The administrators of the site had […]
The Urban Dictionary defines the term Text Regret as the “sending of a text and immediately regretting that you ever wrote the text in the first place”. And now, social media giant Facebook in several months will make available to its users a feature that will save them from this regret. According to TechCrunch, Facebook […]
By Foster Obi Following the incident where armed robbers blew up the entrances of five banks in central Nigeria’s Offa town with dynamite, in an operation which lasted for more than an hour after the close of business and left six policemen and over 30 civilians dead, Gov. Abdulfatah Ahmed of Kwara, has offered N5million […]
Gold prices on Friday slumped below their weakest level in two weeks, coinciding with a steady US dollar and ahead of important economic data. By 10:45 am GMT, Comex gold futures slipped by 0.11% to $1,327 per ounce, dipping below their two-week low. The decline came amid growing trade tensions between US and China and […]
President Trump is ordering the USTR to consider additional tariffs on Chinese goods. Bloomberg’s Sobczyk reports. U.S. President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the […]