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79 MDAs Score Low On Open Data
In the performance report, released by the Africa Network for Environment and Economic Justice, 79 of 113 Federal Ministries, Departments and Agencies scored low open data assessments. ANEEJ said that the ranking was carried out as as part of implementation for the Civil Society Advocacy to Support Anti-corruption and Rule of Law in Nigeria, CASARN, on the performance of public…
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Apple Has Acquired 100 companies In The Last Six Years
Apple’s CEO, Tim Cook has revealed the company has been buying companies every three to four weeks in the last six years. Apple recently delivered its largest quarter by revenue of all time, bringing in $111.4bn (£78.7bn) in the first quarter of its 2021 fiscal year. Mr Cook told the shareholders meeting that the company…
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Record-Setting Winter Storm Cuts Off Power Supply In Texas
President Joe Biden has declared a federal emergency as Ice storms, heavy snow and freezing rain knocks out power, closes roads and in southern Texas. Over two million people were left without power supply and 1000 flights cancelled as temperature plummets to -5C in in Houston and Dallas. Rolling power outages were also brought in…
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Shell Set To Invest In Renewable Energy
Oil giant Shell has said it wants to invest more in renewable energy in an attempt to reduce the net amount of carbon dioxide that ends up in the atmosphere and ultimately coping with the drop in oil prices. Last week, Shell reported a net loss of $21.7bn (£16bn) last year after a drop in demand…
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Experts Warn Lithium Mining Might Destroy Fragile Ecosystem
According to sources, between 2015 to 2018, the demand for lithium carbonate a key ingredient in manufacturing rechargeable batteries tripled. Despite the uncertainties of the previous year, there is a potential or existing demand for tech products like electric vehicles (EVs), smartphones which would cause a more balanced lithium market expected in 2021. Experts claim that…
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Jaguar Land Rover Cars Would Be All Electric by 2025
Chief Executive, Thierry Bolloré has revealed the company will launch electric models of its entire Jaguar and Land Rover line-up by 2030. The firm said it has dropped its earlier plans to build an electric version of its XJ saloon at the Castle Bromwich plant but it would keep all three of its British plants…
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Ngozi Okonjo-Iweala Emerges Next WTO DG
Dr Ngozi Okonjo-Iweala has made history as the first African and woman to lead the World Trade Organization. The World Trade Organization announced the appointment of Ngozi Okonjo-Iweala as its new director-general today – making her the first woman and first African to hold the role. Recall that South Korea’s trade minister, Yoo Myung-hee abandoned…
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NERC: 62.63% Of Electricity Consumers On Estimated Billing
The Nigerian Electricity Regulatory Commission has announced that 62.63 percent of electric customers in Nigeria were under the estimated billing package as of September 2020. The Commission disclosed this in its 2019 to the third quarter, 2020 Nigerian Electricity Supply Industry (NESI) Key Financial and Operational Data. NERC said that metering for customers has been…
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E-payment Transactions Hit N162.95 Trillion In 2020
The value of transactions via digital payment platforms rose to N162.95 trillion from January to December in 2020 when compared to an aggregate of N108.42 trillion in the corresponding period in 2019. The two platforms; Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals, recorded a 50.3 per cent growth in value…
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UK To Offer Help To 1.4M Firms Repaying Covid Loans
Chancellor of the Exchequer, Rishi Sunak has announced that small firms would get more time to repay state-backed loans taken out to help survive the coronavirus lockdown. The changes include giving companies an option to extend the length of the loan from six to ten years under a “pay-as-you-grow” initiative. Sunak said the move was…