China and Russia are set to introduce a joint resolution to the United Nations Security Council calling for an end to a host of economic sanctions on the isolated regime. Among the sanctions the two countries want lifted are a ban on North Koreans working overseas and sending home their earnings, exporting seafood and textiles […]
Author: umunna
eNaira: Experts task CBN on enlightenment campaign
Some financial analysts have urged the Central Bank of Nigeria (CBN) to ensure enhanced enlightenment campaign for the masses to embrace the eNaira digital currency to boost financial inclusion. They said this in separate interviews with the News Agency of Nigeria (NAN) in Lagos on Tuesday. NAN reports that President Muhammadu Buhari on Oct. 25 […]
Elon Musk says Tesla has not signed deal with Hertz
Elon Musk says no contract has been signed with Hertz after the rental car company announced a deal that led to Tesla’s market value surpassing $1 trillion. Last week, shares in Tesla jumped 12.6% after Hertz said it had ordered 100,000 vehicles by the end of 2022. However, Mr Musk tweeted: “I’d like to emphasize […]
Squid Game crypto token collapses in apparent scam
A digital token inspired by the popular South Korean Netflix series Squid Game has lost almost all of its value as it was revealed to be an apparent scam. Squid, which marketed itself as a “play-to-earn cryptocurrency”, had seen its price soar in recent days – surging by thousands of per cent. However, as the […]
Hope eroding as COP26 climate pledges fall short
Hopes are already fading that the COP26 climate summit in Glasgow will result in any new deal for a significant cut in global greenhouse gas emissions, after China and Russia declined to attend the conference and India’s pledges fell short of expectations. The summit got under way Monday as dozens of world leaders addressed the […]
Taliban: Blast targets civilians outside Kabul hospital
An explosion rocked Afghanistan’s capital Tuesday apparently targeting civilians in front of a military hospital, a Taliban spokesman said. Taliban deputy spokesman Bilal Karimi told The Associated Press that the explosion in Kabul targeted civilians outside Sardar Mohammad Dawood Khan military hospital. He said that still there is no information on casualties and he did […]
Panic, shock as high-rise building collapses in Ikoyi, Lagos
A high-rise building in Ikoyi, a highbrow part of Lagos, on Monday collapsed with many feared trapped under the rubble. The number of persons trapped is yet unconfirmed but workers and neighbours scrambled to dig people out of the rubble of the collapsed building, according to reports. Although rescue operations have not officially commenced, at […]
White House Press Secretary Psaki tests positive for Covid, last saw Biden Tuesday
White House press secretary Jen Psaki, who dropped off President Joe Biden’s international trip shortly before he departed, has tested positive for coronavirus after members of her household did, she said in a statement Sunday. Psaki said she last saw Biden Tuesday outside while masked, before the President departed for Rome for the Group of […]
Barclays boss Jes Staley steps down over Epstein inquiry
Barclays chief executive Jes Staley has stepped down following an investigation into how he described his links with sex offender Jeffrey Epstein. The UK financial watchdog and the Bank of England have been investigating Mr Staley’s links to the dead financier. Barclays said it had been made aware of the conclusions of that probe on […]
Nigerian Content Board unveils PE Energy centre of excellence
The Nigerian Content Development and Monitoring Board (NCDMB) has commissioned PE Energy Centre of Excellence in Port Harcourt, to provide services in automation, process and metering systems. The ultra-modern centre, which was commissioned by NCDMB Executive Secretary, Mr Simbi Wabote, would also provide services in systems integration, valve assembly, valve actuation, pump, as well as […]