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 […]
Author: umunna
Tesla: Elon Musk says company headquarters will move to Texas
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 expels eight Russians from its mission for spying
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 […]
NNPC, Kebbi ethanol project source of employment – Bagudu
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 dead as houses collapse in Pakistan earthquake
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 soar to highest level in 7 years
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 […]
Drawings of legendary boxer Muhammad Ali sold for almost $1M
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, […]
Senate passes revised Medium Term Expenditure Framework ahead of 2022 budget presentation
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 […]
Embrace hard work, shun Cybercrime, group tells Nigeran youths
By Taiye Agbaje The Nigeria Diaspora Network (NDM), on Wednesday, urged youths to embrace hard work and shun any involvement in cybercrime, popularly commonly known as “yahoo, yahoo.” A Coordinator of the UK Chapter of the NDN, Deji Adebayo, who gave the advice, said such act cannot not guarantee the young people a good future. […]
Former Tesla contractor awarded $137 million in racial harassment suit
A federal jury in San Francisco has ordered Tesla to pay a former Black contractor $137 million over claims that he was subjected to racial discrimination at work. Owen Diaz, who worked as a contract elevator operator at Tesla’s factory in Fremont, Calif., from 2015 to 2016, said in his lawsuit that he and others […]