Bank of America predicts the undervaluation of Nigeria’s naira following recent foreign exchange reforms. Read about the potential impact on the nation’s economy and the strategies needed to strengthen the currency and oil sector. The Bank of America (BoA) has made a significant observation regarding the value of the naira, predicting that it will settle…
Trans activist Dylan Mulvaney shares her story of being ghosted by Bud Light after a beer promotion subjected her to relentless bullying and transphobia. Bud Light’s association with trans activist Dylan Mulvaney took an unexpected turn, leaving her feeling abandoned by the company after a promotional campaign triggered a wave of harassment and discrimination. Mulvaney,…
In the vast expanse of the US, air travel has become an arduous journey plagued by various challenges. While stormy weather poses a significant threat, recent events have highlighted a deeper issue within the country’s air travel system. Severe storms in the past week unleashed havoc, resulting in a multitude of cancellations and delays, laying…
Elon Musk, a multifaceted entrepreneur, is known for his diverse roles and responsibilities. One such role is being the head of marketing for his companies and their groundbreaking products and services. In a recent annual meeting, Musk made an intriguing announcement that caught the attention of Tesla (TSLA) – Get Free Report enthusiasts and…
Discover how a groundbreaking technology developed by the Korea Research Institute of Standards and Science (KRISS) and the National Center for Agro Meteorology (NCAM) improves the accuracy of measuring methane emissions from rice paddy fields, contributing to effective climate change policies. In a collaborative effort, Dr. Namgoo Kang from KRISS and Dr. Minseok…
In a surprising turn of events, the Organisation of Petroleum Exporting Countries (OPEC) experiences a significant plunge in oil production during May, leaving the market in a state of uncertainty. The output decline of 460,000 barrels per day (bpd), compared to April, and a staggering reduction of over 1.5 million bpd since September, is primarily…
The Nigerian economy experienced a slower growth rate in the first quarter of 2023 due to a cash crunch caused by the country’s currency redesign. This has had a significant impact on business activities, and analysts predict that the growth of the economy will remain uncertain, with growth likely to fall below the forecast for…
The federal government has launched a National Policy on Blockchain Technology and inaugurated Implementation & Steering Committee to oversee its implementation to fast track the adoption and utilise the gains of emerging technologies. A statement issued yesterday by the Spokesperson of the National Information Technology Development Agency (NITDA) Hadiza Umar said the policy was launched…
The Nigerian Federal Government has committed to providing intervention funds to boost the development of methanol fuel technology in the country. Minister of Science Technology and Innovation, Adeleke Mamora, made the announcement at a roundtable interactive session with the Abuja Chamber of Commerce and Industry (ACCI) on the feasibility studies for the adoption of methanol…
Australian oil and gas firm Invictus Energy announced Monday it has found oil, gas and helium in remote northeastern Zimbabwe, a culmination of months of exploration. The company said that mud gas analysis from the Mukuyu-1 well drilled last year had proved the presence of hydrocarbons in multiple reservoir pay zones. “Analysis…
