Power generation companies are owed a total of N361.67bn by the Nigerian Bulk Electricity Trading Plc for electricity generated, sold and fed into the national grid from January to August this year. The government-owned NBET buys electricity in bulk from Gencos through Power Purchase Agreements and sells through vesting contracts to
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About a month after Donald J. Trump was elected president in 2016, Larry Page, the Google co-founder, was summoned along with other prominent tech executives to a meeting at Trump Tower. It was a rare public appearance for Mr. Page. He sported a tan suit and shifted in his seat as
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Today, Ford announced a new partnership with McDonald’s to use waste materials from the company's coffee beans to create new car components. The new parts will be made from coffee h less energy intensive than traditional plastic parts, and they’ll also be lighter, making each car slightly more energy efficient. Ford says
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Business need to be critically informed, well-consulted, and strategic when investing in new technology. This is especially important to remember in an age where smart solutions – especially artificial intelligence (AI) – are greatly valued and highly advertised. Naturally, some service providers and technology vendors are taking advantage of the AI hype
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Blue Apple Foundation, The owner of the trade name, Engineers’ Forum presents NATIONAL ENGINEERING SCIENCE & TECH ESSAY COMPETITION (NESTEC) 2020 (2nd edition) Call For Paper begins February, 2020 Participation: FREE Contact us for Sponsorship 08029765356, 07059800939 Email: info@engineersforum.com.ng
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Six of the Silicon Valley Masters of the Universe have been accused of dodging $100 billion in taxes by a British tax watchdog. CNBC reports that six major Silicon Valley tech firms have been accused of having a combined “tax gap” of $100 billion over the past ten years according to an
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AI experts gathered at MIT last week, with the aim of predicting the role artificial intelligence will play in the future of work. Will it be the enemy of the human worker? Will it prove to be a savior? Or will it be just another innovation—like electricity or the internet? As
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Russian President Vladimir Putin signed legislation requiring all smartphones, computers and smart TV sets sold in the country to come pre-installed with Russian software. The law, which will come into force on July 1 next year, has been met with resistance by some electronics retailers, who say the legislation was adopted
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The French digital services tax is unreasonable, protectionist and discriminatory,” say Senators Charles Grassley and Ron Wyden, the Republican and Democrat leaders on the US Senate Finance Committee. The French products that would be affected amount to $2.4 billion in annual exports to the US. The French tax is “inconsistent with prevailing
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The Nigeria government has signed a new agreement with the United Kingdom government to develop a broadband development plan. This is in a bid to increase broadband speed and penetration in the country. The Federal Ministry of Communications and Digital Economy, and the UK Government’s Prosperity fund’s Digital Access Programme signed
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