There was a robust debate in the Senate on Wednesday just before a bill to amend the Niger Delta Development Commission (NDDC) Act 2000 passed the second reading on the floor of the hallowed chamber. The bill which seeks to include in the NDDC, states which have recently attained oil producing status, was sponsored by […]
Author: umunna
Soludo celebrates victory, says it reflects the people’s will
Former governor of the Central Bank of Nigeria (CBN), Professor Charles Soludo, has reacted to his victory in the Anambra State governorship election. Giving his acceptance speech on Wednesday shortly after he was declared the winner by the Independent National Electoral Commission (INEC), the governor-elect described the feat as the will of God. “Let me […]
Supreme Court blocks mass iPhone claim against Google
The UK’s Supreme Court has rejected a claim that sought billions of pounds in damages from Google over allegedly illegal tracking of millions of iPhones. The judge said that the claimant had failed to prove damage had been caused to individuals by the data collection. But he did not rule out the possibility of future […]
US food banks struggle to feed hungry amid surging prices
U.S. food banks already dealing with increased demand from families sidelined by the pandemic now face a new challenge — surging food prices and supply chain issues walloping the nation. The higher costs and limited availability mean some families may get smaller servings or substitutions for staples such as peanut butter, which costs nearly double […]
Bank of England takes next steps in digital money plan
The Bank of England and the Treasury are to launch a formal consultation on a UK central bank digital currency. This evaluation of the design and possible benefits a new kind of digital money is a further step towards its possible creation. The currency, for use by households and businesses, would sit alongside cash and […]
Volume of Friday’s oil spill in Bayelsa yet unknown, says Aiteo
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of Oil Mining Lease (OML 29) on Wednesday said the volume of oil leakage in Friday from its operations in Bayelsa was yet to be determined. The management of AEEPCO in a statement by its Spokesperson, Mr Mathew Ndianabasi, confirmed that the incident occurred on Nov. 5. […]
Senate passes Electoral Act Amendment Bill, approves electronic transmission of results
The Senate has passed the Electoral Act Amendment Bill and approved the electronic transmission of results. The approval was given on Tuesday when the lawmakers resumed plenary after a three-week recess. A seven-man conference committee had been constituted by the Upper chamber to meet with members of the House of Representatives Conference Committee and harmonise […]
Group urges INEC to improve on BVAS, logistics ahead future elections
Cleen Foundation, a Non-Governmental Organisation (NGO), has urged the Independent National Electoral Commission (INEC) to improve on the Bimodal Voter Accreditation System (BVAS) and other logistics. Mrs Ruth Olofin, Acting Executive Director of the foundation, said this on Tuesday in Abuja at a news conference to review the Nov. 6 Anambra Governorship Election. Olofin said […]
Rolls-Royce gets funding to develop mini nuclear reactors
Rolls-Royce has been backed by a consortium of private investors and the UK government to develop small nuclear reactors to generate cleaner energy. The creation of the Rolls-Royce Small Modular Reactor (SMR) business was announced following a £195m cash injection from private firms and a £210m grant from the government. It is hoped the new […]
Meta launches Facebook business coach to boost online growth for SMBs in Africa
Meta, an American multinational technology company, says it will be launching Facebook Business Coach, an innovative and easily accessible way for owners of Small, Medium-sized Businesses (SMBs). This it said was to help them learn more about how to grow their businesses online with Facebook, Instagram and WhatsApp. Meta in a statement on Tuesday, said […]