Author: damazah@gmail.com

Deji Elumoye in Abuja  President Bola Tinubu has approved a landmark reform that replaces project-by-project negotiations with a transparent investment framework designed to unlock up to US$50 billion in deep offshore investment and restart Nigeria’s large, capital-intensive offshore developments that have remained stalled for decades. According to a statement on Tuesday by presidential spokesperson, Bayo Onanuga, the reform establishes a transparent, rules-based investment framework capable of supporting the next generation of deep offshore developments, beginning with the approximately US$10 billion Bonga South West project, while strengthening Nigeria’s competitiveness for globally mobile investment capital. The decision builds on President Tinubu’s engagement…

SAN ANTONIO, TEXAS – JUNE 03: Jalen Brunson #11 of the New York Knicks shoots the ball between Stephon Castle #5 and Julian Champagnie #30 of the San Antonio Spurs during the fourth quarter in Game One of the 2026 NBA Finals at Frost Bank Center on June 03, 2026 in San Antonio, Texas. (Photo by Gregory Shamus/Getty Images)Getty ImagesWell that didn’t take long, did it? The New York Knicks are set to kick the season off with a bang by welcoming the Philadelphia 76ers into town on Tuesday, Oct. 20. The 76ers made noise this offseason by trading for…

For the 14th time, a Google product has hit 1 billion users. Google CEO Sundar Pichai posted on X that a billion people are using Gemini every month, and that Gemini is Google’s fastest-growing product ever.A billion users is a huge milestone, but Google isn’t the first AI app to hit it. OpenAI’s ChatGPT hit the mark a few weeks ago, though the company buried the announcement that “more than 1 billion people are putting ChatGPT to work” in an otherwise anodyne blog post about how people use AI. External data suggested ChatGPT crossed 1 billion users as early as…

Research about how pollution regulations affect people’s health is relevant to policymakers, but the US National Institutes of Health is shifting away from funding such work.Credit: Brandon Bell/GettyThe US National Institutes of Health (NIH) has begun turning away research grant applications for which the “primary function” is informing policymakers and legislators, according to internal documents seen by Nature. This means that the agency is likely to fund fewer projects assessing how public policies affect human health.Inside the new political screening that’s stalling NIH grantsIt’s a major departure for the world’s largest public funder of biomedical research. The NIH has a…

Yorkshire secured second spot in Group B with a seven-wicket win over Essex to book a home quarter-final at York on Friday.Captain Dom Bess (3-32) and seamer Ben Coad (3-22) helped bowl out already-eliminated Essex for 151 inside 41 overs.The Tykes then slipped to 15-2, but a second first-team half-century for England Under-19s man Will Bennison, who hit 60 off 59 balls, helped the visitors to their sixth win in eight group matches with more than 18 overs to spare – and a second quarter-final place in successive seasons.Durham gained third place in the group but not before some late…

Cats: The Jellicle Ball and Death of a Salesman ended their Broadway runs on very high notes, posting the biggest grosses of their engagements. Jellicle, closing five months earlier than planned and prompting considerable discussion (and lamentation) within the industry about production costs and the dim odds of scoring a big musical hit these days, grossed $1,828,306 for its final week at the Broadhurst, a jump of $422,597 over the previous week (which, at the time, was its best-ever number). The show was standing room only, with an average ticket price of $193.92, a strong number if still noticeably lower…

As Israel tightens its blockade on the entry of goods into Gaza, residents are left with no option but to maintain what they have. As a result, both lighters and fans have become the backbone of energy in the strip.Published On 11 Aug 202611 Aug 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

The Chartered Institute of Bankers of Nigeria (CIBN) has called on Nigerian banks to deploy their recently raised capital towards financing micro, small and medium-sized enterprises (MSMEs), saying increased lending to the sector is critical to achieving stronger economic growth and Nigeria’s ambition of building a $1 trillion economy. The President and Chairman of the Council of the CIBN, Dele Alabi, made the call at the world press conference on the institute’s 19th Annual Banking and Finance Conference, scheduled for 8-9 September at the Congress Hall, Transcorp Hilton, Abuja. The conference, themed “Building a Resilient Economy in an Era of…

Emmanuel Addeh in Abuja Generation Companies (Gencos) lost an estimated N110.56 billion in capacity payments in the first six months of 2026 as an average 3,124.50MW of generation capacity remained stranded every month, according to data made public by the Association of Power Generation Companies (APGC). The figures showed that although the Gencos had an average available generation capacity of 7,260MW between January and June, only 4,581.5MW was declared available for generation, while actual average generation stood at 4,196.83MW. Essentially, stranded generation capacity refers to electricity generating capacity that is technically available or capable of being produced by power plants…

I’m going to let you in on a secret. Every cell in your body has the potential to get smarter. I don’t mean this metaphorically, or in a “body keeps the score” kind of way. I mean that if lab-coated biologists took a sample of your skin and very carefully manipulated the cells inside it, they could actually make a brain. They do it all the time.Not a brain as complex as the one behind your eyes, of course, but a glob of gray matter nonetheless, with a few-million-odd neurons that can send and receive electrical signals. Biologists call these…