Nigeria news today headlines : Wednesday 2nd September 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Vietnam Issues Decree Against Illegal Oil & Gas Drilling
Vietnam’s government has issued a decree against illegal oil and gas exploration in its waters in the South China Sea, threatening fines and property seizures for violators, regardless of whether they are Vietnamese or foreign entities. Vietnam has a long-standing dispute with China regarding offshore exploration in the South China Sea. In fact, China has this sort …
Apple Overtakes Value Of Entire FTSE 100
Apple’s stock market surge has hit a fresh milestone as its value overtook that of the entire FTSE 100 index of UK-listed companies. The iPhone maker’s market capitalization hit $2.2trn (£1.6trn) after a “stock-split” – a move that makes owning its pricey shares more accessible for ordinary retail investors. Tech stocks such as Apple have …
Mainstream Secures $620m Chile Financing Ahead Of Group Sale
Green energy entrepreneur Eddie O’Connor’s Mainstream Renewable Power has lined up $620 million (€517 million) of bank funding for a key Chile project, underpinning the group’s value ahead of an expected sale in the coming months. A group of five banks, including Latin America-focused development lender IDB Invest and a unit of Germany’s KfW, have provided the debt finance …
Sarcos Robotics Raises $40M In Series C Funding
Sarcos Robotics, a Salt Lake City, UT-based global leader in the production of robots that augment humans to enhance productivity and safety, raised $40m in Series C financing round. The round was led by Rotor Capital, with participation from existing investors. In addition to this fundraise, Sarcos is also announcing the appointment of two members …
Acerta Analytics Closes USD $7M In Series A Funding
The round was led by Omers Ventures, with participation from M12 – Microsoft’s venture fund, StandUp Ventures, Radical Ventures, EDC and Techstars. The company intends to use the funds to launch into new markets, expand its team, and extend the capabilities of its platform to generate insights into automotive production and vehicle data. Led by …
Tesla To Raise $5bn In Share Sale
Tesla said it planned to raise up to $5bn (£3.7bn) in a share-sale programme a day after a stock split that has helped propel the electric car’s company’s shares to new heights.The company said it would sell the shares through top brokers such as Goldman Sachs, Morgan Stanley and Citigroup “from time to time through …
Tullow Awards Suriname Drilling Contract
Stena Drilling reported Tuesday that it has signed a new contract with Tullow Oil Suriname BV to drill one well in Block 47 offshore Suriname. According to the drilling contractor, the Stena Forth drillship will mobilize to Suriname in late December or early January. Stena added that it expects the campaign to start in January …
German Parliament Launch Investigation Into Wirecard Collapse
German lawmakers will open a full inquiry into the collapse of Wirecard, forcing the government to address questions over its failure to avert one of the country’s biggest corporate frauds. Wirecard collapsed into insolvency in June and there have been growing questions over German authorities’ failure to pick up on numerous red flags. The probe …
Netanayahu Holds Video Call With UAE Rep In Hebrew
Prime Minister Benjamin Netanayhu held a historic video call with a United Arab Emirates (UAE) representative named Khalifa, who accompanied the Israeli delegation to the country. The entire conversation was held in Hebrew, after the latter demonstrated his knowledge of the language. The prime minister, who was surprised that Khalifa spoke Hebrew so well, inquired about the source of …
COVID-19: Massachusetts Casinos Lay Off Workers
A Massachusetts casino has laid off nearly 400 workers who had been furloughed because of the coronavirus pandemic because their jobs are unlikely to return this year. Encore Boston Harbor said Monday the 385 affected workers will lose their company benefits starting Tuesday, but could regain job seniority if they are rehired within 90 days. …
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