Tesla unveiled its futuristic pickup truck at a promotional event in Los Angeles, but when it came to showing off the vehicle’s durability, things didn’t quite go as planned.
CEO Elon Musk claimed the car was “bulletproof” against a 9mm handgun. But when he
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After a brief initial surge, the share price kept trending down, finishing each day this week at a lower
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He said the airline has provided direct connectivity between the two destinations and passengers won’t have to travel from Kano to Lagos or Abuja to connect a flight to Owerri.
“It is our promise to connect every part of this country. This is our gift to the unity of our nation.
The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Peterside Dakuku has revealed that his agency has contributed the sum of ₦16 billion to the consolidated revenue fund in 2019.
He disclosed this yesterday while giving an account of the 2019 budget performance before the House of Representatives’ Committee on Maritime Safety, Education and Administration.
He added that the agency exceeded the initial target of N12 billion.
Dakuku stressed that 133 per cent increment was achieved due to a number of measures put in place by the …
Egypt’s decision to establish an export risk guarantee (ERG) company will give a major boost to the country’s role as a critical hub for intra-African trade and allow it to be a key driver in the implementation of the African Continental Free Trade Area agreement, President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah has said.
Welcoming the announcement that the Board of Directors of the Central Bank of Egypt (CBE) had approved the establishment of an Export Credit Risk Guarantee company with a capital of $600 million, Oramah said the company would make it possible for Egypt to …
The founder, Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa Group (UBA), Mr. Tony Elumelu, has proposed job creation for the youth, inclusive growth, and gender diversity as priority areas for Africa’s development agenda as well as to achieve peace and stability on the continent.
According to a statement, Elumelu, who is also the founder of Heirs Holdings, made the remark while speaking on a high-level panel with the President of Senegal, Macky Sall and the President of Mauritania, Mohamed Ould Ghazouani. Other speakers on the panel included Florence Parly, Defence Minister of France; and Pierre Buyoya former …
A popular adage says when the cat is away from the house the mouse has a field day. It does appear that the absence of President Muhammadu Buhari from Nigeria has given the mouse in the Ministry of the Niger Delta enough freedom to play games with the fortunes of the people of the Niger Delta.
How else can one describe the meddlesomeness of the Minister of the Niger Delta, Senator Godswill Akpabio, in the affairs of the Niger Delta Development Commission (NDDC) through an illegal interim management committee that is not recognized by the law which set up the …
Mr John Mahama, Former President of Ghana on Tuesday appealed to the Nigeria Government to open up her border so that economic activities can resume in West Africa.
Mahama made the plea while delivering the 7th Anniversary Lecture, Investiture into The Realnews Hall of Fame and The unveiling of the Book: Pathways to Political and Economic Development of Africa in Lagos.
The title of the lecture is `Beyond Politics: An Economic Narrative for West Africa’. He said that the total closure of, especially, the Benin border was having a significant toll on many small and medium businesses especially in Togo, …
“This rise in the food index was caused by increases in prices of meat, oils and fats, bread and cereals, potatoes, yam and other tubers, fish and vegetables. On a month-on-month basis, the food sub-index increased by 1.33 per cent in October 2019, up …
The company in a statement on Sunday in Lagos said the contract confirmed the purchase rights from the original contract signed in April. It said the new E195-E2s would be included in Embraer’s 2019 fourth-quarter backlog, and the $212.6 million was based on Embraer’s current list prices.
The E195-E2 is the largest aircraft in the E-Jet E2 family.
It has been designed to maximise returns and efficiency on high-density routes with its high-aspect ratio wings and swept tips, combined with other …
Santuscom Agro-Hub Investment Nigeria Limited, producer of Ogoja Rice, has said it will crash the prices of local brands as it begins harvest at its 1,000-hectare farm in Okpoma, Yala Local Government Area of Cross River State.
The Chairman and Chief Executive Officer of Santuscom, Chief Paul Santus, made this known while speaking with journalists on the farm’s effort to cushion the effect of rising prices of rice domestically as a result of the closure of the land borders.
Chief Santus said the Ogoja Rice brand would sell for N14,000 ahead of the Christmas and New Year celebrations.
Since the …
The success of the EdoBest Programme, revamp of primary healthcare centres statewide and creation of enabling environment and economic opportunities for citizens has placed Edo State on the path of growth with visible achievements in basic education, health and industrial sectors with the emergence of Alaghodaro Summit three years ago.
The Chairman of Sterling Bank Plc and Chairman of the Edo Investment Summit – Alaghodaro 2019, Mr. Asue Ighodalo, made this known while delivering his welcome address at the third edition of the summit with the theme: Delivering to Our People, The Next Level – in Benin,” Edo State.…
