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Daily Archives: December 19, 2017

Paris Club Refund: See full details of what each state got

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Reports say the money was released together with the allocations from the Federal Accounts Allocation Committee (FAAC). The accountant general of the federation, Idris Ahmed has announced that the Federal Government has released another tranche of the Paris Club Refund. Ahmed, according to The Cable News, said that took the step, so that Nigerians will enjoy the Christmas well. Reports ...

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5 Myths About Bitcoin You Need to Understand

5 Myths About Bitcoin You Need to Understand

This month, bitcoin, the digital currency launched by Satoshi Nakamoto in 2009, hit a record price of US$17,428.42 per coin. It got its own futures market at a traditional brokerage firm, and it even earned a joke in a recent “Saturday Night Live” sketch. Perhaps because of its complicated technical design, zealous community of advocates and famously mysterious founding story (its ...

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Scientists Have Developed Glass That Heals Itself When You Press It Together

Scientists Have Developed Glass That Heals Itself When You Press It Together

The days of squinting at cracked phone displays like this could soon be over, thanks to a team of Japanese scientists who have developed a new kind of self-healing glass that fuses itself back together, simply by pressure being applied. The self-healing polymer, created by researchers at the University of Tokyo, was initially discovered by accident while they were studying ...

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Justice assured for corps member raped, killed in Ogun

Justice assured for corps member raped, killed in Ogun

Mr. John Okpo, the Ogun NYSC Coordinator, gave the assurance during a condolence visit to the family of the deceased in Ibadan. Tawose, 23, a 2017 Batch ‘A’ corps member serving with the Ogun State Ministry of Housing in Abeokuta was allegedly lured to her death by her driving instructor, Festus Udoh, 29. Her decomposing body was discovered in a ...

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178 gas flare sites: Reps urge DPR to enforce use of meters

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The House of Representatives Adhoc Committee investigating revenue leakages in Nigeria’s oil and gas industry, has asked the Department of Petroleum Resources, DPR, to compel oil companies to install meters targeted at harnessing associated gas for positive applications in the nation. The Committee lamented that massive gas flaring is still going on in many parts of the Niger Delta, noting ...

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Nigeria spends N2.07trn on fuel import in 9 months

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Nigeria spent N2.068 trillion on the importation of petroleum products within a nine-month period, from January to September 2017, rising by 14.32 per cent from N1.809 trillion recorded in the same period in 2016. According to data obtained from the National Bureau of Statistics’, NBS, Foreign Trade Statistics for Third Quarter 2017, of the total petroleum products imported, N1.541 trillion ...

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