Stock market resumes December upbeat as capitalization rises by N55b:
The equity market resumed December trading in an uptrend with market capitalisation increasing by N55 billion.
At the close of transactions yesterday, the All-Share Index (ASI) gained 105.48 absolute points, representing a growth of 0.30 per cent to close at 35,147.62 points. Read More
FG boosts rural electrification in Ebonyi, inaugurates 100KWP solar hybrid:
The Federal Government, in partnership with the Rural Electrification Agency (REA), has inaugurated a 100KWP solar hybrid mini-grid in Eka Awoke community in Ebonyi State.
Executed by Cloud Energy, an energy solutions provider, the project is targeted at addressing capacity shortages in Nigeria, especially in that area, which hitherto, was without electricity for a very long time. Read More
WHAT AFRICA CAN DO TO RECOVER ITS ECONOMY AS EXPERTS CALL ON G-20 FOR MORE DEBT SOLUTIONS:
Before the year 2020, about 40 percent of sub-Saharan African countries were already in or at risk of a debt crisis. The region began to experience its worse economic crisis owing to variety of factors. Chief among these factors that has plunged the continent in a debt web is “overborrowing.” However a recent report further indicates that African countries face another debt crisis. Read More
BlackBerry, Amazon team up on smart car software platform:
BlackBerry and Amazon on Tuesday announced an alliance to create a cloud computing platform that cars could link to for services and insights based on data from vehicles and users.
Word of plans for an Intelligent Vehicle Data Platform called “IVY” synching cars wirelessly to computing power at Amazon Web Services caused shares in Canada-based company to rev more than 50 percent to nearly nine dollars.