The Corporate Affairs Commission (CAC), says the Nigerian National Petroleum Company (NNPC) Limited had made history for being the company with the highest share capital in the country. CAC’s Registrar General, Alhaji Garba Abubakar, revealed this in Abuja, while presenting the Certificate of Incorporation of the Company to President Muhammadu Buhari at the State House. […]
French President Emmanuel Macron said Friday that his country will return 26 African artworks — royal thrones, ceremonial altars, revered statues — to Benin later this month, part of France’s long-promised plans to give back artwork taken from Africa during the colonial era. Discussions have been under way for years on returning the artworks from […]
The Federal Government says it has commissioned several sites in the six geopolitical zones of the country toward actualising its promise of electrifying five millions homes with solar energy by 2023. Vice President, Yemi Osinbajo, said this while declaring open this year’s Seplat Energy Summit in Abuja. Osinbajo who was represented by the Minister of […]
Senior U.S. officials will hold in-person talks beginning Saturday with representatives of Afghanistan’s ruling Taliban for the first time since the U.S. withdrawal from the country. U.S. State Department officials said the U.S. delegation will meet Saturday and Sunday in Doha, Qatar, with senior Taliban representatives. Reuters news agency, which first reported the talks, said […]
US Treasury Secretary Janet Yellen said Friday the world is on the edge of a deal of new global tax rules that will start a new era of multilateralism. “The international tax agreement will stop the four-decade long race to the bottom on corporate taxation—where tax authorities offer lower tax rates to attract business, leading […]
NATO is studying options to bolster support for the multinational G5 Sahel Joint Force in the troubled three-borders region of Mali, Niger and Burkina Faso, where a surge in jihadis violence has cost thousands of lives, U.N. Secretary-General Antonio Guterres said in a letter seen by AFP on Thursday. The North Atlantic Treaty Organization could […]
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 […]