Energy-intensive firms to get electricity bill help
Ministers said an Energy Intensive Industries Compensation Scheme will be extended for a further three years and its budget will be more than doubled. The support comes as firms and households are being hit by higher energy bills, driven by soaring global wholesale gas prices. UK Steel said the extension
Amazon sell-off ends dismal month for US shares
A sell-off in Amazon shares, after the firm reported a fall in online sales, helped drive the Nasdaq index down more than 4% on Friday. April was the worst month for the tech-heavy index since the 2008 financial crisis, with a 13% fall. But the market downturn is not limited
Five rescued from China building collapse
Five people were rescued from a collapsed building in China, authorities said Saturday after emergency teams overnight clawed through the rubble of a structure that housed a cinema and guesthouse. Authorities are yet to reveal how many people they believe are still buried underneath the six-storey building, which caved in
WhatsApp confirms issues have been fixed after more than 40,000 people in the UK report problems
WhatsApp confirms issues have been fixed after more than 40,000 people in the UK reported problems Facebook also seems to be suffering smaller problems, with more than 200 users reporting an issue with the social network. WhatsApp has confirmed it is running as usual after more than 40,000 people in
Mortein pushes prevention as cost-effective way against malaria
Mortein insecticide has identified prevention as one of the major cost-effective ways against the spread of malaria in Nigeria. In line with this year’s world malaria day theme, “Advance Equity. Build Resilience. End Malaria,” Mortein partnered with the Federal Ministry of Health through National Malaria Elimination Programme (NMEP) and other
Insecurity, inflation, low vaccination threaten Nigeria’s outlook, IMF warns
The International Monetary Fund (IMF), yesterday, handed a mixed scorecard about Africa’s near-term economic outlook, saying there is limited or nonexistent fiscal space to maneuver the “new shock” triggered by the Ukraine war. The position was contained in the April Regional Economic Outlook with the tagline ‘a new shock and
TotalEnergies to sell stake in Nigerian joint venture
French oil major TotalEnergies has announced it will put up for sale its minority stake in a Nigerian oil joint venture. The firm wants to focus on deep-water fields away from the difficulties of operating in close proximity with local communities, Bloomberg reported Thursday. TotalEnergies is a multinational energy company
SIM-NIN linkage now frustrating terrorists in North East
The Nigerian Communications Commission (NCC), says the ongoing implementation of the National Identity Number and SIM linkage policy in Nigeria has so far denied terrorists and bandits access to telecommunication services in the country. The Director, Compliance Monitoring and Enforcement NCC, Ephraim Nwokonanya, represented by Head Compliance, Monitoring, and Enforcement,
Thousands of UK troops to be sent to Europe in bid to combat Russian aggression
Defence Secretary Ben Wallace says the deployment of British armed forces across eastern Europe will show “solidarity and strength” as the war between Ukraine and Russia continues. Around 8,000 British soldiers are due to be sent to eastern Europe to take part in military exercises designed to combat Russian aggression.
Man stabs his baby’s mother to death
A woman who admitted to tossing her dead baby’s body in a bin last year has been stabbed to death by the child’s father, police said Thursday, April 28. LaDonia Boggs, 39 was found “suffering from an apparent stab wound” after a “domestic” incident at a home in Northeast DC