Cost-slashing innovations are underway in the electric power sector and could give electricity the lead over fossil-based combustion fuels in the world's energy supply by mid-century. When combined with a global carbon price, these developments can catalyze emission reductions to reach the Paris climate targets, while reducing the need for
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The Nigerian National Petroleum Company Ltd has contracted Innoson Vehicle Motors (IVM) to produce Condensed Natural Gas cars, the indigenous car manufacturer has said. The Chairman of Innoson Group, Innocent Chukwuma, also revealed that the company is ready to manufacture electric cars. Chukwuma disclosed the mega deal with the state owned company
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Streaming powers some of the most popular apps in the world, including YouTube, Netflix, Spotify, and more. If you've used the internet for any period of time, there's a very good chance you've streamed something. Whether it be through YouTube, Spotify, Netflix, or a hundred other apps, streaming makes
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Researchers from the Carnegie Institute for Science in Washington, DC, have worked with collaborators from around the world to synthesise an ultrahard diamond glass. The new material is the hardest known glass with the highest thermal conductivity among all glass materials. The new ultrahard glass has a wealth of potential applications
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Astronomers have used a new planet detection algorithm to identify 366 new exoplanets, including one planetary system that comprises a star and at least two gas giant planets. The term ‘exoplanets’ is used to describe planets outside of our own solar system. The number of exoplanets that have been identified by
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Beyond funding, African female entrepreneurs need access to high-impact mentors and who are willing to open up their network and teach what they know. A few weeks into January this year, Eloho Omame and Odunayo Eweniyi announced their female-focused angel investment fund. Aptly named FirstCheck Africa, the angel fund is on
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When the U.S. House of Representatives passed the Build Back Better Act last week, a lesser-recognized provision earmarked some $4.1 billion in tax credits to further stimulate an already booming EV market that Elon Musk hasn't even dabbled in. Electric bicycles, better known as e-bikes, have moved from novelty to mainstream
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A local crude refining company, refining, is currently putting infrastructure in place to refine 50,000 barrels per day (bpd) of crude oil by 2024, while attracting investments of over $1 billion dollars into the midstream oil and gas sector in Nigeria, in five years. The move is consistent with Nigeria’s quest
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The inability of licensees in the telecommunications sector to pay their respective levies, including staff salaries has become a source of worry to the Nigerian Communications Commission (NCC). This is even as about 27 licensees of the commission were said to have returned their licenses in the last three years, largely
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The Chairman of the National Gas Expansion Programme (NGEP), Mr Mohammed Ibrahim, has said saving 364 billion of standard cubic feet of gas (BCF) can generate 300 megawatts (MW) of electricity and create 300,000 jobs. Mr Ibrahim who stated this during a courtesy call to the Chief Executive Officer, Nigerian Midstream
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