Leading German diplomat Helga Schmid is set to become president of the UN General Assembly in New York from next year. Germany’s federal government nominated the 63-year-old for the role at the headquarters of the United Nations on Wednesday, the…
World
German passenger rail service hit by strikes, construction and storms
Germany’s state-owned rail company Deutsche Bahn (DB) is blaming strikes, construction work and storms for a poor punctuality record in the first half of this year, with just 62.7% of long-distance trains arriving without major delay. “The massive strikes, country-wide…
Construction of land-based wind power slows in Germany
Construction of land-based wind power in Germany slowed in the first half of this year, the BWE wind energy association reported on Thursday. A total of 250 new turbines were built with an output of 1.3 gigawatts, 19% down on…
UN forum on sustainable development concludes with renewed commitment, call for urgent action
The High-Level Political Forum (HLPF) on Sustainable Development concluded on Wednesday, with nations reiterating the need for renewed impetus and accelerated actions to achieve the Sustainable Development Goals (SDGs) by the 2030 deadline. Held under the auspices of the…
Oando Chief Executive Officer (CEO) to Champion Role of Local Explorers at MSGBC Oil, Gas & Power 2024
Adewale Tinubu, CEO of Nigerian multinational energy company Oando, will discuss the company’s latest acquisition and evolution into a leading indigenous explorer at the upcoming conference Following its milestone acquisition of Italian multinational Eni’s onshore assets in Nigeria, Oando…
Adaora Umeoji emphasizes Zenith Bank’s strong financial metrics, projecting over N1 trillion profit mark in 2024
Zenith Bank Plc, Nigeria’s foremost financial institution, recently hosted its Capital Markets Day to underscore its commitment to sustainability amidst its recapitalization drive. The event convened key stakeholders and highlighted the bank’s growth trajectory, strategic goals, market performance, and longstanding…
Gaza: fresh airstrikes reported in centre, south, as conflict intensifies
New Israeli airstrikes reportedly struck southern and central areas of Gaza on Monday as UN humanitarians and partners continued to treat the victims of a deadly strike on Al Mawasi in southwest Gaza on Saturday that reportedly left at least…
From 20 to 7.5: Dangote, NNPC in Stalemate Over Refinery Equity Share – IPO on the Horizon
In a surprising twist to the Dangote Refinery saga, disclosures have been made that the supposed 20percent equity investment by NNPCL in the Refinery is actually 7.5percent. This disclosure was made by Aliko Dangote himself at a media briefing earlier…
LASG, US Consulate, Unilag highlight commitment to clean air at Closing Reception
……..As U.S discloses $7 billion spend combating HIV-AIDS / Healthcare in Africa over last 25 years The Lagos State Government, the United States Consulate, and the University of Lagos reaffirmed their commitment to clean air at a closing reception…