DIRS.INFO The most relevant business & tech news

☆ Nigerian start-up uses tech to help the visually impaired
▼ + stars: | 2022-11-24 | by ( ) www.reuters.com time to read: 1 min

LAGOS, Nov 24 (Reuters) - A Nigerian start up called Vinsighte is using technology to assist the visually impaired, with several products including "smart" reading glasses that convert text to audio. About 15.3% of the world's blind population resides in Africa, according to the World Health Organization, where they often lack the resources and support needed to succeed in school and everyday life. "I wanted to just try and see if we could build something that could solve the problem and that was where it all started," said Vinsighte CEO Kolawole Tomi. The company distributes its products to schools and institutions and estimates it has reached about 5,000 people. Reporting by Angela Ukomadu; Writing by Nellie Peyton; Editing by David GregorioOur Standards: The Thomson Reuters Trust Principles.

Last decade 2100 scenarios LOW EMISSIONS By 2100, Basra would see almost six months of dangerous heat under the most likely scenario. MEDIUM EMISSIONS HIGH EMISSIONS Jan. July Jan. July Dec. Dec. Heat Index 80°F Caution 90°F Extreme Caution 103°F Danger 125°F Extreme Danger Basra Kuwait City Last decade 2100 scenarios Lower emissions Medium emissions Higher emissions Jan. July Jan. July Dec. Dec. Heat Index 80°F Caution 90°F Extreme Caution 103°F Danger 125°F Extreme Danger Basra Last decade 2100 emissions scenario LOW Medium HIGH Jan. July Dec. Kuwait City Last decade 2100 emissions scenario LOW Medium HIGH Jan. July Dec. Heat Index 80°F Caution 90°F Extreme Caution 103°F Danger 125°F Extreme Danger Basra Last decade 2100 emission scenarios Low Medium High Jan. July Dec. Kuwait City Last decade 2100 emission scenarios Low Medium High Jan. July Dec. Heat Index 80°F Caution 90°F Extreme Caution 103°F Danger 125°F Extreme Danger Kuwait City Basra Today, Basra experiences about 60 dangerously hot days per year. MEDIUM EMISSIONS HIGH EMISSIONS Jan. July Jan. July Dec. Dec. Heat Index 27°C Caution 32°C Extreme Caution 39°C Danger 52°C Extreme Danger Basra Kuwait City Last decade 2100 scenarios Lower emissions Medium emissions Higher emissions Jan. July Jan. July Dec. Dec. Heat Index 27°C Caution 32°C Extreme Caution 39°C Danger 52°C Extreme Danger Basra Last decade 2100 emissions scenario LOW Medium HIGH Jan. July Dec. Kuwait City Last decade 2100 emissions scenario LOW Medium HIGH Jan. July Dec. Heat Index 27°C Caution 32°C Extreme Caution 39°C Danger 52°C Extreme Danger Basra Last decade 2100 emissions scenario Low Medium High Jan. July Dec. Kuwait City Last decade 2100 emissions scenario Low Medium High Jan. July Dec. Heat Index 27°C Caution 32°C Extreme Caution 39°C Danger 52°C Extreme Danger Kuwait City Basra Today, Basra experiences about 60 dangerously hot days per year. Last decade 2100 scenarios LOW EMISSIONS By 2100, Basra would see almost six months of dangerous heat under the most likely scenario. MEDIUM EMISSIONS HIGH EMISSIONS Jan. July Jan. July Dec. Dec.

☆ Why the energy transition is so tough for Africa: 600 million people still have no access to power
▼ + stars: | 2022-11-17 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +4 min

Ahead of COP 27, CNN’s Eleni Giokos discussed this and other topics at Africa Energy Week in Cape Town, with Verner Ayukegba, Senior Vice President of the African Energy Chamber, which works with businesses in the continent and promotes energy growth. At the African Energy Chamber, we have decided to champion making energy poverty history by 2030. We need to make sure that we solve, of course, the climate issues, but also the power issues. What we are saying, however, is that you can’t transition in Limpopo [South Africa] in the same way you transition in New York. For anybody who has a constituency with 600 million people without power, you need to talk differently about these issues.

☆ Nigerian designer takes on fast fashion with eco-friendly brand
▼ + stars: | 2022-11-16 | by ( Angela Ukomadu | ) www.reuters.com time to read: +1 min

Aladimma, 28, says he launched the eco-friendly Azach brand in February to fight against fast fashion in Africa's most populous nation by using second-hand clothes to produce durable street-wear popular with young adults. "All the materials that we work with are the materials that we can use for a long time... An engineering graduate who found his calling in eco-fashion, Aladimma wants to do more to help the environment. He hopes to make furniture using denim one day. Reporting by Angela Ukomadu in Lagos; Writing by Bhargav Acharya; Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.

☆ Climate justice gets harder as world population passes 8 billion
▼ + stars: | 2022-11-15 | by ( Gloria Dickie | ) www.reuters.com time to read: +4 min

These are also among the countries most vulnerable to climate impacts, and most in need of climate finance. "A SIGN OF HUMAN SUCCESS"Globally, the 8 billion population milestone represents 1 billion people added to the planet in just the last 11 years. Even while the global population reaches ever-new highs, demographers note that the growth rate has fallen steadily to less than 1% per year. "A big part of this story is that this era of rapid population growth that the world has known for centuries is coming to an end," Wilmoth said. Rapid population growth combined with climate change is likely to cause mass migration and conflict in coming decades, experts said.

☆ Tropical Storm Nicole traverses Florida, putting Mar-a-Lago under mandatory evacuation orders just ahead of wedding for Trump's daughter Tiffany
▼ + stars: | 2022-11-10 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +5 min

Tiffany Trump is set to get married at Mar-a-Lago on Saturday, soon after a tropical storm hit the state. Tiffany Trump will marry fiancé Michael Boulos on Saturday at her father's Mar-a-Lago oceanfront estate in Palm Beach. Tropical Storm Nicole made landfall near Vero Beach on Wednesday morning, putting it north of Palm Beach. Tiffany Trump, 29, is the fourth child to former President Donald Trump and daughter to his ex-wife Marla Maples. Tiffany Trump works as a legal research assistant at Georgetown University Law Center.

☆ Explainer: COP27: How climate change impacts countries around the world
▼ + stars: | 2022-11-09 | by ( Gloria Dickie | ) www.reuters.com time to read: +5 min

SHARM EL-SHEIKH, Egypt, Nov 9 (Reuters) - While delegates at the COP27 climate conference discuss the shared problem of climate change, each country will face its own challenges and threats. In February, the U.N. climate science agency released a major report on adapting to a warmer world - and detailed how that effort would differ from place to place. While some countries see glaciers melt or coastlines rise, others will contend mostly with raging wildfires and extreme heat, the report by the Intergovernmental Panel on Climate Change said. A World Bank report warned in September that climate impacts, including water scarcity and declining crop yields, could force some 216 million to migrate within their own countries by 2050. And in the Arctic, melting sea ice, warming temperatures, and thawing permafrost will push many species to the brink of extinction.

☆ African solutions: Lagos art fair tackles climate and culture
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +2 min

[1/3] People look at a painting at the Art X, an annual art fair held in Lagos, Nigeria November 5, 2022. They were among hundreds attending ART X, an annual fair in Lagos, Nigeria's buzzing commercial capital, that hosted more than 120 artists from 40 African countries and the diaspora. aimed to tap into African wisdom to address problems from climate change to political crises. Just beyond the fair, flooding has laid farmland to waste and displaced more than a million. Ify Obi, 24, standing by her favourite piece - a giant woven design by Nigerian artist Victor Ehikhamenor that threaded plastic rosaries onto lace to create images of traditional African leaders - said she most appreciated works that amplified African culture and African solutions.

☆ When he's not starring on Love is Blind, Berkeley Haas' Sikiru 'SK' Alagbada likes to invest in startups. Here's what he looks for.
▼ + stars: | 2022-11-07 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +6 min

"Love Is Blind" contestant Sikiru "SK" Alagbada got into UC Berkeley's MBA program in 2021. Alagbada worked as a data engineer and is now the co-chair of LAUNCH, the UC startup accelerator. "It's almost like a mini-YC," he said, referring to the famous Silicon Valley startup accelerator, Y Combinator. He looks for startups that have a clear "founder-market fit," whether it's in terms of technical expertise or a strong network, Alagbada told Insider. When it comes to his personal investing, Alagbada prioritizes startups based in Africa.

☆ Singer Davido's 3-year-old son dies in apparent drowning at his home in Nigeria
▼ + stars: | 2022-11-02 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Singer Davido's 3-year-old son died in an apparent drowning at his home in Nigeria, police said. Authorities questioned eight members of Davido's team who were at the Lagos home and released six. "Death leaves a heartache no words can heal and today, I express my deepest condolences to David and Chioma, over the death of their son," he wrote. You will grow to be greater than Me, Happy birthday, son #BIG3," the singer wrote in an Oct. 20 post. The Atlanta-born singer with more than 25 million Instagram followers is one of Africa's most prominent artists.

CNN —Police are questioning a nanny employed by Nigerian music star Davido following the death of his three-year-old son on Halloween. The unnamed childminder was taken in for questioning along with seven other members of the performer’s domestic staff, six of whom have since been released, police have told CNN. Hundeyin said: “It appears to be drowning but we need to conduct our investigation to ascertain that.”Officers have not yet reviewed CCTV footage from the scene, Hundeyin told CNN. You will grow to be greater than Me , Happy birthday, son @davidifeanyiadeleke !!! Adegboyega Oyetola, governor of the state of Osun where Davido is from, tweeted: “Sad to learn of the unfortunate passing of Ifeanyi, son of music star, David Adeleke popularly known as @davido.

☆ Boko Haram: How Ngarannam community attacked by terror group was rebuilt
▼ + stars: | 2022-10-29 | by ( Stephanie Busari | ) edition.cnn.com time to read: +7 min

It was the night in 2015 that Boko Haram militants attacked Ngarannam town in Borno State, northeast Nigeria. Ngarannam, a village of around 3,000 people, became desolate after the attack as displaced residents fled to Borno’s capital Maiduguri and surrounding areas. Her husband Bulama is the community leader for Ngarannam, which afforded them a certain privilege in the town. ‘Rebuilding Ngarannam ‘The project was conceived and led by Mohamed Yahaya, the UNDP’s Resident Representative for Nigeria. Nigerian architect Tosin Oshinowo meets some residents of Ngarannam community.

☆ Nigerian presidential contender Abubakar calls for flood relief fund
▼ + stars: | 2022-10-26 | by ( ) www.reuters.com time to read: +2 min

[1/6] Former Nigeria Vice President Atiku Abubakar adresses the People's Democratic Party delegates during the Special convention in Abuja, Nigeria May 28, 2022. REUTERS/Afolabi Sotunde/File PhotoLAGOS, Oct 26 (Reuters) - Nigeria's main opposition presidential contender on Wednesday called on the government to immediately set up a flood disaster fund similar to one created to fight the coronavirus pandemic, to help victims hit by the worst floods in a decade. Atiku Abubakar said after a trip to oil-producing Bayelsa state, one of the worst hit, that the floods were a reminder of the impact of climate change and urged the government to immediately launch a Flood Disaster Relief Fund. "It is a national emergency relief fund, similar in scope to what was initiated during the COVID-19 pandemic," Abubakar said, referring to a $1.4 billion fund that the government launched in 2020 at the onset of the coronavirus pandemic. Critics have accused the federal government of being slow to help flood victims.

☆ U.S. authorises departure of non-emergency staff from Nigeria
▼ + stars: | 2022-10-25 | by ( ) www.reuters.com time to read: +1 min

LAGOS, Oct 25 (Reuters) - The U.S. State Department on Tuesday authorised the departure of non-emergency U.S. government employees and their families from Nigeria due to a heightened risk of terrorist attacks in the country. "The U.S. Embassy Abuja continues to have limited ability to provide emergency assistance to U.S. citizens in Nigeria," the State Department said. Nigeria's Department of State Services said the United States had previously issued similar warnings and urged citizens to remain alert. Insecurity, which is rife across most Nigerian states, is a major issue among voters who will choose a new president next February. Reporting by MacDonald Dzirutwe; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ US and UK warn of possible attack in Nigeria's capital
▼ + stars: | 2022-10-23 | by ( ) www.reuters.com time to read: +1 min

LAGOS, Oct 23 (Reuters) - The United States and Britain on Sunday warned of a possible terrorist attack in Nigeria's federal capital Abuja, especially aimed at government buildings, places of worship and schools, among other targets. Register now for FREE unlimited access to Reuters.com Register"The U.S. Embassy will offer reduced services until further notice," the embassy said in an alert to citizens in Nigeria. The United Kingdom government warned that its citizens in Nigeria should stay alert due to an "increased threat of terrorist attack in Abuja." "Attacks could be indiscriminate and could affect western interests, as well as places visited by tourists," it said. Register now for FREE unlimited access to Reuters.com RegisterReporting by MacDonald Dzirutwe; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

☆ British Airways had to find another plane after a passenger defecated on the floor and smeared feces around the cabin, report says
▼ + stars: | 2022-10-23 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

A British Airways passenger defecated in the cabin of a plane at Heathrow Airport, The Sun reported. The man smeared feces on himself and around the cabin during boarding, according to the newspaper. During boarding the male passenger took his trousers off in the economy cabin on flight BA075 on October 7 before defecating on the galley floor, The Sun reported. A British Airways spokesperson told The Sun: "We apologized to our customers for the delay to their flight and arranged for an alternative aircraft to allow them to continue their journey." British Airways did not immediately respond to Insider's request for comment.

☆ London's mayor slams global leaders for 'dragging feet' on climate
▼ + stars: | 2022-10-20 | by ( Adam Jourdan | Thomson Reuters | Regional Bureau Chief In South Latin America With Previous Experience Leading Corporate News Coverage In China | ) www.reuters.com time to read: +2 min

London Mayor Sadiq Khan speaks during the opening of the C40 World Mayors Summit to bold action on climate change, in Buenos Aires, Argentina October 20, 2022. REUTERS/Tomas CuestaBUENOS AIRES, Oct 20 (Reuters) - London Mayor Sadiq Khan, speaking at a climate summit in Argentina, slammed global policymakers on Thursday for "dragging their feet" on environmental policy, amid fears that momentum to tackle climate change has stalled in the face of economic turmoil. Climate Change Conference, known as COP27, with concerns over fuel security and rising costs exacerbated by the war in Ukraine overriding climate goals. A report on Wednesday from global nonprofit research group World Resources Institute found that current global plans to fight climate change, known as nationally determined contributions, would fall well short of Paris Agreement targets. "The climate emergency isn't a tomorrow issue, it's right here today on our doorstep," Khan said.

☆ Nigeria LNG outage threatens Europe, traders with higher costs
▼ + stars: | 2022-10-18 | by ( Libgeorge Marwa Rashad | Marwa Rashad | ) www.reuters.com time to read: +3 min

LAGOS/LONDON, Oct 18 (Reuters) - European countries and gas traders are reeling from the latest LNG supply shock - a force majeure from Nigeria LNG - that threatens nearly 4% of global supply and further squeezes the continent's resources in absence of Russian pipeline gas. Nigeria LNG declared force majeure this week due to heavy flooding in that it said impacted virtually all of its gas suppliers. NLNG, with 22 million tonnes per year of capacity, said it is working to mitigate the impact, but flood waters are still rising. Unplanned disruptions in the United States, Nigeria and Australia have forced traders to pay millions in inflated costs for alternative supplies. France's Total, the second-largest offtaker, takes around 3 million tonnes per year.

☆ Frustrated Nigerians 'flee' abroad in punishing pre-election brain drain
▼ + stars: | 2022-10-18 | by ( Libgeorge Angela Ukomadu | Angela Ukomadu | ) www.reuters.com time to read: +3 min

Nwaogu, like hundreds of other Nigerians, left amid a brain drain that is punishing even for a nation used to losing its young and educated. "We have serious doubts if this is the time for that hope to blossom," he said before flying to the UK last month. "We are witnessing an epidemic of brain drain," said Dr Dare Godiya Ishaya, president of the Nigerian Association of Resident Doctors (NARD). But British government data showed a 300% increase in Nigerians getting UK work visas in the year to June, to 15,772. Register now for FREE unlimited access to Reuters.com RegisterReporting By Libby George; Editing by Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

☆ Nigeria LNG declares force majeure as flooding disrupts gas supply
▼ + stars: | 2022-10-17 | by ( ) www.reuters.com time to read: +2 min

Companies Nigeria LNG Ltd FollowLAGOS, Oct 17 (Reuters) - Nigeria LNG has declared force majeure because of widespread flooding that has disrupted supply, a spokesman for the company said on Monday. The declaration could worsen Nigeria's cash crunch and will curtail global gas supply as Europe and others struggle to replace Russian exports due to the invasion of Ukraine in February. NLNG said all of its upstream gas suppliers had declared force majeure, forcing it to make the declaration as well. Odeh said NLNG was determining the extent of the disruption and would try to mitigate the impact of the force majeure. NLNG's supply had already been limited due to prolific oil theft that has slashed output from what is typically Africa's largest exporter.

☆ Shell investigates in Nigeria after report of nine-year oil theft
▼ + stars: | 2022-10-12 | by ( Patrick Werr | ) www.reuters.com time to read: +1 min

LAGOS, Oct 12 (Reuters) - Oil major Shell's (SHEL.L) Nigerian subsidiary is investigating reports that an illegal oil tap ran for nine years on a pipeline it operates, a spokesperson said on Wednesday. An NNPC spokesman said on Sunday the theft point extended from the Trans Escravos pipeline and that the Afremo platform, operated by the Shell Petroleum Development Company of Nigeria (SPDC), was the suspected exit point of the stolen crude. or any unauthorised use of the equipment on it," an SPDC spokesperson said in an email. Large-scale theft from Nigeria's pipelines has throttled exports, forced some companies to shut in production and crippled the country's finances. Register now for FREE unlimited access to Reuters.com RegisterReporting By Libby George; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Nigeria floods: 76 die in Anambra fleeing rising water levels
▼ + stars: | 2022-10-10 | by ( Nimi Princewill | ) edition.cnn.com time to read: +8 min

People stranded due to floods following several days of downpours In Kogi Nigeria, Thursday, Oct. 6, 2022. Lokoja the capital city of Kogi state is experiencing the worse flood ever, and body is saying anything. In neighboring Nasarawa state, which is also grappling with flood water cascading down the River Benue, farmers are counting their losses from ravaged farmlands. Pictures from Kogi state flood. pic.twitter.com/frjiyBOYkr — Adenike Titilope Oladosu (@the_ecofeminist) October 5, 2022Climate activists are intensifying the call for climate finance to address Nigeria’s climate crisis.

An oil slick is seen on Santa Barbara creek, following an oil spill in Nembe, Bayelsa, Nigeria, November 25, 2021. "Hundreds of thousands of people (in Benin) organize their survival around this traffic," Boris Houenou, a Beninois economist said of the smuggling of Nigerian gasoline. NNPC recorded gasoline deliveries of 90 million litres a day in March and 83 million in April, Reuters calculations showed. 'CURIOUS CASE'Although the Nigerian government announced plans to remove the gasoline subsidy last year, it then backtracked in July, citing concerns over potential social unrest. And although gasoline is subsidised, the amount ordinary Nigerians pay at the pump remains higher than the set price.

☆ Nigeria hikes rate to highest level to head off inflation
▼ + stars: | 2022-09-27 | by ( Macdonald Dzirutwe | ) www.reuters.com time to read: +3 min

read moreBut with inflation at its highest in 17 years, Central Bank of Nigeria Governor Godwin Emefiele said the Monetary Policy Committee had to continue with an aggressive stance. Tuesday's rate hike, the third in a row, means the central bank has delivered a total 400 basis-point increase this year, its most hawkish in a single cycle, analysts said. 1/2 A view shows Nigeria's Central Bank headquarters in Abuja, Nigeria November 22, 2020. "It also felt that an aggressive rate hike would slow capital outflows and likely attract capital inflows and appreciate the naira currency," Emefiele added. Responding to reporters' questions, Emefiele declined to rule out further rate hikes to fight inflation.

☆ Ethiopian Airlines consortium wins bid for new Nigeria airline
▼ + stars: | 2022-09-24 | by ( Felix Onuah | ) www.reuters.com time to read: +2 min

REUTERS/Tiksa Negeri/File PhotoABUJA, Sept 23 (Reuters) - A consortium led by Ethiopian Airlines is the preferred bidder for shares in new Nigerian airline Nigeria Air, the country's aviation minister said on Friday. Ethiopian Airlines will own a 49% stake in the new airline, while the Nigerian Sovereign Fund will take 46% and the Nigerian federal government the remaining 5%. Nigeria Air would have an initial capital of $300 million and plans to have 30 aircraft within four years, he said. Nigeria Air will launch with service between the capital Abuja and Lagos, the commercial capital, and add other routes later. "Nigeria Air is a limited liability company that will have no government intervention," he added.

Search resuls for: "LAGOS"

25 mentions found