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APC chieftain, Abidemi Rufai, bags 5 year jail for fraud in US
A 45 year old former Nigerian government official, Abidemi Rufai, was Monday sentenced to five years in prison for stealing over half a million dollars in pandemic relief benefits in the United States. Abidemi Rufai was wearing a $10,000 watch…
JP Morgan predicts $100 oil in months
International advisory consultants, JP Morgan, had warned that the prices of crude oil will rebound toward $100 per barrel as strong demand threatens to overwhelm flow of supply to the export market. The company stated in report by Insider that…
NASA crashes satelite to detrack malignant astroid
The United States space agency (NASA) yesterday successfully smashed a spacecraft into asteroid some seven million miles from Earth in a bid to protect the planet from the roving stone feared to pose threat to our world. In a historic…
Putin toughens military draft conditions with jail terms
Zelensky urges Russian conscripts to surrender to Ukrainian forces Russian President Vladimir Putin has maintained a hard stance on mandatory military service as despite rising protests and opposition to continued military operations to annex neighboring Ukraine. President Putin weekend signed…
Pope Francis joins crusade against fossil fuels
As oil giants sign deal for new LNG development Catholic pontiff, Pope Francis, weekend threw his weight behind Europe’s demand for energy transition from fossil sources, calling on the world to evolve energy forms that would be friendly to the…
Toyota ends operations in Russia
Declares $2.5B investment in US battery production Amid Russia’s ongoing war with Ukraine, Toyota announced it will permanently end vehicle manufacturing operations at its plant in Saint Petersburg. This represents all Toyota vehicle manufacturing in Russia, though the company will…
Davinci unveils DC100 Classic E-bike
As industry remembers Citroen’s Helicron Chinese electric motorcycle manufacturer, Davinci, has introduced a classic-inspired electric motorcycle that offers performance similar to a 1,000cc machine. According to industry news medium, Ride Apart, the electric bike model come into an electric motorcycle…
OIL AND GAS REDISCOVERED: THE PROSPECTOR, NCDMB
(By Esueme Dan Kikile ESQ) Twelve years of strategic planning and creative deployment of regulatory powers at the Nigerian Content Development and Monitoring Board have literally reinvented Nigeria’s oil and gas industry to a degree that national aspirations, for decades…
77 migrants killed as boat sinks off Syrian coast
At least 77 people were killed when a boat carrying migrants sank off Syria this week, the country’s health minister said Friday, amid fears the death toll could be far higher. The incident was deadliest so far as a surging…
MIT Researchers enter salty solution to EV charging technology
Researchers at the Massachusetts Institute of Technology (MIT) have developed fast, cheaper and more sustainable components that would revolutionize the charging time for electric vehicles, solving one of the common fears of users. The researchers stated in a report that…
