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Elon Musk to offer $100 million prize for best carbon capture technology

Herconomy
Jan 23, 2021
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Business

CBN says revised new cheque book to become fully operational from April 1, 2021

The Central Bank of Nigeria (CBN) has in a circular to all Deposit Money Banks (DMBs), accredited Cheque Printers/Personalisers, and the Nigeria Interbank Settlement System (NIBSS), stated that the revised cheque book will become fully operational from April 1, 2021. The apex bank has directed all DMBs to enlighten their customers on the revised cheque book, introduced across all banks as full enforcement of its usage will commence on the stated date. Read more

Facebook Oversight Board to review decision to suspend Trump’s account

Facebook’s Oversight Board has received a proposal to revisit the decision to indefinitely suspend former US President, Donald Trump’s access to Facebook and Instagram. On January 7, Facebook suspended Trump’s account indefinitely, a decision reached when he incited a violent mob that stormed the U.S. Capitol, leaving the country shaken. Read more

CBN threatens to shut accounts of diaspora remittance violators

The Central Bank of Nigeria has vowed to withdraw the operating licenses of operators who continue to violate rules regulating diaspora remittances into the country. It stated that it would not tolerate the clear contravention of its directive that all remittances be paid to beneficiaries in dollars. Read more

NIN deadline: NIMC begins enrolment of diplomats

The National Identity Management Commission on Friday announced that it had commenced the National Identity Number enrolment of foreign diplomats in Nigeria. Minister of Communications and Digital Economy, Isa Pantami, had directed the NIMC to set up an enrolment centre for diplomats at the Federal Ministry of Foreign Affairs in Abuja. Read more

Google threatens to remove its search engine from Australia due to media code

Google said that it will disable its search engine in Australia if the government proceeds with a media code that would force it and Facebook Inc to pay local media companies for sharing their content. The code requires Google and Facebook to enter mandatory arbitration with media companies if they cannot reach an agreement over the value of their content within three months. Read more

Elon Musk to offer $100 million prize for best carbon capture technology

Tesla Inc CEO Elon Musk on Thursday took to Twitter to promise a $100 million prize for the development of the “best” carbon capture technology. Elon Musk wrote in a tweet, “Am donating $100M towards a prize for best carbon capture technology,” details next week. Carbon capture technology is designed to prevent the release of CO2 generated through conventional power generation and industrial production processes by injecting the CO2 into suitable underground storage reservoirs. Read more

WHO warns Africa in danger of being left behind in Covid-19 vaccination

The World Health Organisation (WHO) has warned that Africa is in danger of being left behind in Covid-19 vaccination as countries from other regions strike bilateral deals, thereby driving up prices. This follows the development and approval of safe and effective vaccine less than a year after the emergence of the coronavirus pandemic, regarded as a stunning achievement. Read more

Social

Banky W calls out government over decision to go ahead with NIN registration despite covid-19 surge

Nigerian singer and music executive Banky W has slammed the government over its decision to make Nigerians queue for the National Identity Number (NIN) registration despite the increased cases of coronavirus. The singer turned politician made his frustrations known via his Twitter on Friday, January 22, 2021. Read more

Don Jazzy Signs 18-Year-Old Singer To His Record Label

Popular Nigerian singer and producer, Michael Collins Ajereh, better known as Don Jazzy, has signed an 18-year-old female artist to his record label, MAVIN. The entrepreneur and philanthropist revealed this in a series of posts on his verified Twitter account on Friday, January 22, Naija News understands. Read more

Daniel Ademinokan's 'Gone' starring Gabriel Afolayan, Sam Dede, Stella Damasus is coming to cinemas

All is set for the release of Daniel Ademinokan's anticipated drama, 'Gone' starring Sam Dede, Gabriel Afolayan and Stella Damasus. Shot in Lagos in 2018, the Blue Pictures Studio first feature film is being considered for theatrical release this year. According to its producers, it will have its cinema run before the second quarter of the year. Read more

AGS Quote of the day

“The revelation of our heart's secrets signifies true friendship and unity.” - Liz Carmichael

About AGS Tribe

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The Platform has 3 focus areas which are:

  1. Promoting youth entrepreneurship as a tool to reduce youth unemployment and promote economic growth

  2. Women Empowerment through our AGS Impact Fund and AGS Enterprise Challenge

  3. Capacity building for entrepreneurs and nonprofits

Click on this link https://www.agstribe.org/community/to join our community of entrepreneurs and young professionals.

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