Lack of technical know-how is said to be frustrating some Nigerian companies from migrating their Nigerian internet content home, report. The cost of hosting in the country, has not also helped matters, going by signs of not significant improvement in the efforts to host Nigerian information locally. Government and stakeholders have
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The sharp drop in crude oil prices on the back of the spread of coronavirus has wiped off subsidy on petrol, with the landing cost of the product hitting a record low. The expected open market price of Premium Motor Spirit, popularly known as petrol, has dropped below the approved pump
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A new report from Westwood found that more oil and gas were discovered in stratigraphic traps than any other trap type in the last decade. According to Dr. Keith Myers, president, Research at Westwood, excelling in stratigraphic trap exploration is now the key to top quartile exploration performance. In the report “Clastic Stratigraphic
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With the term “venture building” gaining popularity in the startup and innovation ecosystem, VCs, incubators, accelerators, technology transfer offices (TTOs) and other similar organisations have all started to label themselves as venture builders. The truth is, however, that they are not really involved in the “building” of the venture, but rather
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In the robotics family tree, Roomba’s ancestors were probably Elmer and Elsie, a pair of cybernetic tortoises invented in the 1940s by neurophysiologist W. Grey Walter. The robots could “see” by means of a rotating photocell that steered them toward a light source. If the light was too bright, they
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The federal government and the power distribution companies (Discos) are working towards signing a fresh performance improvement agreement that is expected to lead to an improvement in power supply in the country. The agreement expected to be signed before June this year, would outline the expectations from both the government and
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Upstream operators are becoming concerned at the impact of the growing Coronavirus (COVID-19) epidemic on oil and gas demand and prices, according to Wood Mackenzie. In the Far East, manufacturing shutdowns and shipping bottlenecks are causing project delays. Vessels and other large components under construction in affected shipyards have the most
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A firm, Patricia launched its exclusive PATRICIA BITCOIN ATM CARD, which some stakeholders called Africa’s First Bitcoin card; a global initiative that simplifies the way its current and new users interact with bitcoin, giving them access to do everyday financial transactions at the swipe of a card. It was learnt that
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Block caving is a mining system which involves undermining an ore body and then allowing it to collapse under its own weight, a process that opens access to deeper deposits. Professor Fidelis Suorineni of the Nazarbayev University School of Mining and Geosciences in Kazakhstan explains that it works with the “creation
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How A new report from Verizon has revealed the majority (72%) of organisations have concerns about employees abusing or misuing work mobile devices, while at the same time mobile compromises look to be on the rise. The third annual Verizon Mobile Security Index found the most common types of inappropriate content
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