The U.N. secretary-general and the head of the World Health Organization launched an ambitious strategy Thursday to have 40% of the world’s population vaccinated against COVID-19 by the end of this year, and 70% by mid-2022. “With vaccine production now at nearly 1.5 billion doses per month, we can reach 40% of people in all […]
Chinese Estates Holdings plans to go private after its stock was slammed by fallout from the crisis at Evergrande. The Hong Kong developer had seen its shares plunge as much as 44% this year to their lowest level in nearly two decades as Evergrande teetered on the edge of collapse. Chinese Estates is the second […]
Households will again see “significant rises” in energy prices next spring, regulator Ofgem has warned. Its chief executive, Jonathan Brearley, said the price cap, which limits how much energy providers can charge per unit, would go up again because of the “unprecedented” rise in gas prices. The cap is revised twice a year and is […]
Tesla has announced it will move its company headquarters to Texas from California. Chief executive Elon Musk announced the move at the electric carmaker’s annual shareholders’ meeting in Austin. Mr Musk had fallen out with local politicians in Alameda county, California, the location of a key Tesla factory, over its Covid response. He gave several […]
Nato has expelled eight Russian diplomats it says have been working secretly as intelligence officers. The military alliance has also halved the size of Moscow’s mission working at its Brussels headquarters to 10. It is the first time Nato has taken such action against Moscow since it expelled seven Russian diplomats from the mission in […]
Gov. Atiku Bagudu of Kebbi State says the memorandum of understanding (MoU) signed between the state government and the Nigerian National Petroleum Corporation (NNPC) on ethanol biofuel production, had provided an opportunity for massive employment and wealth creation for the inhabitants of the state. He disclosed this while conducting round ECOWAS representatives at two cassava […]
At least 20 people have been killed and more than 200 wounded after an earthquake strikes Pakistan’s southwestern province of Balochistan, local officials say, with rescue teams attempting to clear debris and gain access to the area. The 5.9 magnitude earthquake struck as most residents of the Harnai district, about 100km (60 miles) east of […]
US gasoline prices soared to their highest level in seven years, according to figures released Wednesday by the American Automobile Association (AAA). The national average stood at $3.221 per gallon for regular gasoline — its highest since October 2014. That marked a 47.6% increase from a year ago when it was $2.182. The highest gasoline […]
More than two dozen artworks of legendary boxer Muhammad Ali was sold for nearly $1 million at Bonhams auction house in New York on Wednesday. According to the BBC, a total of 26 artworks by the champion boxer, including the rare collection of drawings, sketches and paintings, were auctioned. One of the most anticipated works, […]
By Kingsley Okoye The Senate on Wednesday approved President Muhammadu Buhari’s revised 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The revised document was received and referred to the Committee on Finance on Oct. 5 for speedy consideration ahead of Oct. 7 budget presentation to the National Assembly by President Buhari. The […]