Wind and solar produced 10% of global electricity in first half of 2020- report
Aderemi Ojekunle
August 15, 2020
Wind turbines and solar panels accounted for a record 10% of the world’s electricity in the first half of 2020 as coal-power declined, but steeper change is needed to meet targets set under the 2015 Paris climate agreement, a report said on Thursday.
Unemployment level hits 27.1%-NBS
Aderemi OjekunleAugust 14, 2020
BY: Moses olajuwon Obajemu About 27.1 percent of Nigerians are unemployed in the second quarter of 2020, the National Bureau of
Nigeria may enter recession again in Q3-minister
Aderemi OjekunleAugust 14, 2020
BY: Moses olajuwon Obajemu Nigeria may enter another recession in the third quarter of 2020, according to Clement Agba,
Reps unhappy as CBN fails to account for $11bn power funds disbursement
Aderemi OjekunleAugust 14, 2020
BY: Moses olajuwon Obajemu The Central Bank of Nigeria could not give full details of the withdrawal of the sum of $11 billion
Weak economic data drags S&P 500, Dow futures
Dow, Morgan Stanley, S&P, Stock, Tesla, World businessAugust 14, 2020
BY: Moses olajuwon Obajemu Futures linked to the S&P 500 and Dow dipped on Friday as data showed domestic retail sales
Oil slides below $45 as supply rises
Aderemi OjekunleAugust 14, 2020
BY: Moses olajuwon Obajemu Oil edged further below $45 a barrel on Friday, giving up some of this week’s gain, under pressure from
Nigeria ditches plastic ID cards for digital copies
Aderemi OjekunleAugust 14, 2020
Nigeria has decided to move on from the registration and production of plastic identity cards to the more convenient digital ID Cards,
At 6,863mw, Nigeria’s power generation beyond distribution coys’ carrying capacity, says minister
Aderemi OjekunleAugust 15, 2017
Babatunde Fashola, minister of works, power, and housing, says the power being generated currently in Nigeria is higher than the
At Niger economic summit Dangote commits $450m to rice processing mill
Aderemi OjekunleAugust 15, 2017
Aliko Dangote, president of Dangote Group, said the company would invest $450 million in a large scale rice processing mill to process
Crude oil price likely to remain above $50 per barrel threshold, says report
Aderemi OjekunleAugust 14, 2017
Global crude oil price is likely to remain above $50 per barrel in August from its strong rebound in July, gaining 8.22 percent,