Netflix currently accounts for over 8% of all video viewing time in the UK, and 7.6% of TV viewing time in the US, the streaming giant wrote in its latest financial statement. That is neck-and-neck with YouTube in the US, but well ahead of rivals such as Amazon and Disney. Netflix series, like Cobra Kai, […]
The Federal Government says N3.36tn has been allocated for fuel subsidy in 2023 as Nigeria’s debt profile hits $102bn. The Minister of Finance, Zainab Ahmed, who made this known on Wednesday in Abuja, also said the 2023 budget proposal has a budget deficit of 10.78 trillion naira. She said this will be funded through domestic […]
The Federal Government says the decision of the Organisation of Petroleum Exporting Countries (OPEC+) to cut Nigeria’s crude oil production downward by two million barrels per day was unanimous. Minister of State Petroleum Resources, Timipre Sylva, in a statement on Tuesday, said the decision was taken by OPEC+ and its partners at their last meeting […]
The Federal Government has provided N470bn Special Fund in the 2023 budget for university revitalisation and upward adjustment of lecturers’ salaries. The Minister of Finance, Zainab Ahmed, who made this known at a briefing in Abuja on Wednesday, explained that the sum was specially provided in the allocation to education for upward adjustment of salaries […]
Nigerian women football league champions Bayelsa Queens can be N292 million richer if they win the 2022 CAF Women’s Champions League which begins on Oct. 30 in Morocco. The News Agency of Nigeria (NAN) reports that the Yenagoa-based clubside are representing Nigeria in the competition’s second edition which ends on Nov. 13. The Confederation of […]
The involvement of private security firms helps to discover illegal oil points, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said. Kyari spoke on Tuesday at the 2022 Energy And Labour Summit of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. According to […]
British Prime Minister Liz Truss on Tuesday battled to stabilise her position after an economic crash forced her into humiliating U-turns on tax reforms, putting her future as leader in doubt. “It’s hard to conceive of a more serious political and economic crisis in recent times than that which Britain now faces,” right-wing broadsheet The […]
At least 50 metres (164ft) of an underwater pipeline bringing Russian gas to Germany is thought to have been destroyed by a blast last month. Video shot by a Norwegian robotics company, published by Swedish newspaper Expressen, appears to show the massive tear in the Nord Stream 1 pipe. Danish police believe “powerful explosions” blew […]
Ye, formerly known as Kanye West, has agreed to buy the self-styled “uncancellable” social-media platform Parler, the company has announced. Last week, the star’s Twitter and Instagram accounts were locked, after he posted anti-Semitic messages. Parler is used mainly by US conservatives, and describes itself as a “free speech” alternative to mainstream platforms. Ye “will […]
The Nigeria Liquefied and Natural Gas (NLNG) Company has declared force majeure because the flooding ravaging the country which has disrupted supply, a spokesman for the company said on Monday. “The notice by the gas suppliers was a result of high floodwater levels in their operational areas, leading to a shut-in of gas production which […]