Nigeria news today headlines : Friday 14th August 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
Read also
Solstad Offshore Bags Several New Deals
Solstad Offshore ASA has bagged several new deals this week, the company has revealed. On Thursday, the business announced that it had been awarded a contract with Ocean Installer for the construction support vessel (CSV) Normand Vision. The contract will start in the first quarter of next year and the firm and optional periods of …
Indian Startups Hunt Talents From Banned Apps
A number of Indian startups in the field of social media that came into prominence following the ban on TikTok and Helo, along with other Chinese apps in June, confirmed on Thursday that they are attracting talent from these companies as they face uncertainty over their India operations in the long run. Chinese unicorn ByteDance, …
Life Insurers Pay Out £90m During Pandemic
Bereaved families in the UK who have lost a loved one to covid-19 have encashed £90m ($115.7m, €98.6m) in life policies, data from the Association of British Insurers (ABI) shows. That is the equivalent of £980,000 a day during the pandemic’s peak. As many as 7,000 life insurance claims were filed between 1 March and 31 May 2020, of …
ECB Targets Youth In Future Euro Monetary Policy
The European Central Bank (ECB) marked international youth day by posting a video of its president, Christine Lagarde, inviting young people to help guide the future of the Euro. Tweeted from the ECB’s official account, the video features Lagarde explaining how the central bank is the custodian of something that “belongs to you”. She continued, …
Travel Group Tui Slumps To €1.1bn Loss
Travel giant Tui has revealed the pandemic pushed it to a €1.1bn loss in its third quarter after it halted holidays, but insisted demand was bouncing back. The group’s losses for the three months to June compare with year earlier earnings of €102.3m and came after it had to suspend its operations for most of …
Airbus Shares Hit By US Tariffs Measures
Shares in European planemaker Airbus fell on Thursday after the United States government said it would maintain 15pc tariffs on the company’s aircraft and 25pc tariffs on other European goods. Airbus shares were down 2.1pc at 07:05 GMT, making the stock the worst performer on France’s benchmark CAC-40 index. On Wednesday, the US government said …
London Bus Garage Becomes World’s Largest ‘Trial Power Station’
A bus garage in north London is to be converted into the world’s largest trial site for a new low-emissions type of power station. Northumberland Park garage will host vehicle-to-grid technology, which feeds energy stored in parked electric buses back into the electricity network. If the government-funded Bus2Grid project is rolled out across London it …
Microsoft Surface Duo Coming To UK
Microsoft has finally confirmed the price and release date for the upcoming Surface Duo. The launch schedule for the dual-screen smartphone has been up in the air since its larger sibling, the Surface Neo was delayed. We now know when Microsoft’s first Surface phone will be available to the public. Surface Duo ditches the folding screen of …
Plan To Turn Military Bases Into ‘Sandboxes’ For 5G
The US government thinks the military could help whip the country’s 5G industry into shape. Michael Kratsios, the acting undersecretary of defense for research and engineering, Thursday laid out a plan to turn US military bases into sandboxes for 5G experimentation. He also described a vision for advancing US military use of 5G, microelectronics, and artificial intelligence technology …
10 Years Ago, Tech Giant Panasonic Almost Took On The Nintendo 3DS
Nintendo’s stranglehold on the handheld gaming arena has remained in place since the early ’90s, when it released the world-beating Game Boy console. Since then, the company has been at the forefront of the portable market, but it hasn’t gone totally challenging in that time; while Sega, NEC, Bandai and SNK all tried to unseat the Kyoto-based …
Read also
You can also check
