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20million people at risk of food insecurity in Sub-Saharan

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What we'll do if Putin cuts gas supply - EU
Energy featured

Russia rejects EU, G7 oil price cap

Russia on Saturday rejected a $60 price cap on its oil agreed by the EU, G7 and Australia, which Ukraine said would contribute to the destruction of Russia’s economy. “We will not accept this price cap,” Kremlin spokesman Dmitry Peskov told domestic news agencies, adding that Russia, the world’s second-largest crude exporter, was “analysing” the […]

News

No plan to increase price – Dangote Cement

Dangote Cement Plc, has denied any form of price increase in its products.   The company made this clarification after a recent report circulating round that the price of the Dangote cement would be reviewed upward, Leadership reported.   The senior general manager, branding and communication, Dangote Industries Limited, Sunday Esan, said Dangote Cement is […]

Let NNPCL buy me out, Dangote offers to sell refinery
featured News

Dangote’s wealth rose by $1.5bn in Nov

In spite of the creeping fuel scarcity and rise in inflation index in November, Africa’s richest man and Chairman, Dangote Group, Aliko Dangote’s wealth increased by $1.5 billion in November 2022. The billionaire also amassed a whopping $200 million in October, with his present net worth totalling $19.1 billion. Dangote was previously ranked as the […]

Appointments

Agric foundation appoints Jonathan as ambassador

The African Agricultural Technology Foundation has announced the appointment of former President, Goodluck Jonathan, as Africa’s Ambassador for Agricultural Technology.   The AATF Executive Director, Dr Canisius Kanangire, announced this in a statement issued to journalists on Friday, in Abuja, after a meeting with the former president in Yenagoa, Bayelsa State.   Jonathan as AATF’s […]

Investment

Nigeria, Czech Republic fund tech research with N9bn

The Governments of Nigeria and Czech Republic have committed N9billion naira direct intervention fund to boost tech research and development.   The Chairman Presidential Implementation Committee on Technology Transfer Between Nigeria & Czech Republic, Dr. Mohammed Dahiru, on Wednesday, disclosed that 25 companies who scaled evaluation process of the assessment committee criteria will receive funding […]

Economy

Nigeria’s free trade zones attract $46.4bn investment

  Nigeria’s free trade zones have attracted more than $46.6 billion in investment into the country’s economy. According to the News Agency of Nigeria, this was disclosed by the Managing Director of the Nigeria Export Processing Zones Authority, Adesoji Adesugba, and his counterpart from the Oil and Gas Free Zones Authority, Tijjani Kaura, in Abuja […]

Tweeps knock FG as fuel scarcity leaves commuters stranded
News

Scarcity: Two billion litres of petrol available – NNPC

The Nigerian National Petroleum Company Limited has disclosed that it has two billion litres of Premium Motor Spirit popularly known as petrol in stock. According to The News Agency of Nigeria, this is contained in a statement issued by Mr Adeyemi Adetunji, Executive Vice President, Downstream, NNPC Limited. According to Adetunji, the inventory of more […]

Energy featured

Reps probe AGIP Oil over tax evasion

The House of Representatives ad hoc committee on Joint Venture on Wednesday quizzed the Nigerian Agip Oil Company Ltd over alleged tax evasion. The Chairman ad hoc Committee investigating the Structure and Accountability of JV Business and Production Sharing Contracts of the NNPC, Rep. Abubakar Fulata, said it was not out to witch-hunt anybody. He […]

Technology

Honda to launch fuel cell vehicles in 2024

Globally renowned automobile company, Honda, is set to launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover.   The automaker said it will produce the CR-V variant at its Performance Manufacturing Center in Marysville, Ohio, as part of its strategy to go fully electric by 2040 and carbon neutral by […]

News

Kerosene hit over N1000/litre – Report

  The National Bureau of Statistics has revealed that the average retail price of household Kerosene paid by consumers in October was N1, 041.05 per litre. According to The News Agency of Nigeria, NBS stated, “National Household Kerosene Price Watch” for October 2022 that the average price was a 9.90 per cent increase over the […]

featured News

Disney buys streaming firm BAMTech

Disney is now officially a 100% stakeholder of BAMTech, the streaming technology services group that powers Disney+ and the company’s other direct-to-consumer services.   Recall that, earlier in November, Disney paid $900 million to Major League Baseball to buy out the league’s remaining 15% stake in BAMTech, the media conglomerate disclosed in an SEC filing […]

WhatsApp launches screen share
Scams

487 million WhatsApp users’ data hacked – Report

No fewer than 487 million instant messaging app, WhatsApp, users’ data have been hacked, a report by Bleeping Computer said.     The report claimed that hacker posted an ad on a well-known dark web, where the latest database of 487 million WhatsApp user mobile numbers were been sold.   ​​According to the report, the […]

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