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Showing posts from April, 2018

Grand Renaissance Dam's future dim as talks fail

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The ongoing dialogue involving Egypt, Sudan and Ethiopia regarding the construction of a disputed dam on the Nile River have collapsed, the Sudanese Information Minister said on Friday. Grand Renaissance Dam, Wikipeadia “The countries were discussing many issues including, the Nile and the dam but we failed to reach any agreement on the matters that caused conflict,’’ Ahmed Mohamed Osman told dpa by phone from Khartoum, where the talks were conducted. Egypt decried the 4.8-billion-dollar hydroelectric Grand Renaissance Dam on Ethiopia’s border with Sudan could reduce its share of waters from the Nile. Sudan supports the dam. The dam, which is expected to more than double Ethiopia’s current energy production levels, is more-than-60-per-cent built. The east African nation would become an energy hub for the continent upon its completion.

Hollywood meets Nollywood, Boyega to produce Naija movie

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Hollywood actor, John Boyega has expressed willingness to invest in Nollywood to further boost the movie sector. Boyega, 27, spoke on Thursday night on the sideline of Glenfidich circle of maverick’s business meeting organised by PlayNetwork Nigeria in collaboration with Transcorp Hilton in Abuja. John Boyega with Charles Okpaleleke and other members of PlayNetwork Nigeria at Glenfidich circle of maverick’s business meeting in Abuja, NAN The Nigerian-British born actor said he intends to spend some time in Nigeria to produce a movie based on and inspired by Nigerian lifestyle and heritage. “I intend to tour most parts of Nigeria for seven months to sort out few things and get inspiration for the movie. I am yet to find a writer to depict my idea of the movie; I’ll be staying a bit longer to find a writer”. The actor also revealed he has enjoyed his first official visit to Nigeria so far, insinuating this official visit will be the beginning of more collaboration with ...

U.S./China Trade War pushes price of Gold up

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Gold prices rose on Friday as investors sought safer assets after U.S. President Donald Trump proposed 100 billion dollars in new tariffs on China, raising concerns about an escalating trade spat between the United States and China. Spot gold was 0.4 per cent higher at 1,330.78 dollars per ounce as of 0032 GMT, and the U.S. gold futures rose 0.4 per cent to 1,334.10 dollars an ounce. Spot gold on Thursday dropped to a one-week low of 1,322.40 dollars an ounce after the United States and China signalled willingness to negotiate a trade dispute. However, President Donald Trump late on Thursday said he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, fuelling an already heated trade dispute between the world’s two biggest economies. U.S. stock markets slid and the yen rose against the dollar on Friday. Gold-backed exchange traded funds in North America saw inflows in March, amid market volatility and as trade tensions between the United ...

No computer education equals illitracy says UNESCO

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The United Nations Educational Scientific and Cultural Organistaion (UNESCO) on Thursday said knowing how to read and write without knowledge of  computer was synonymous with illiteracy. The Regional Director of UNESCO, Ydo Yao, made this known on the sidelines of the National Launch of the 2017/2018 Global Education Monitoring Report in Abuja. The theme of the report: “Accountability in Education: Meeting our Commitments’’ is targeted at informing policymakers of approaches to accountability and share evidence based recommendations. The report is also aimed at facilitating connections and encourages collaborations among education actors to improve the effectiveness of accountability and education. “Today if you know how to read and write and you don’t master computer, you are illiterate. We are advocating so that governments will take measures to promote the use of  Information Communication Technology (ICT) in education. “We also know that the development ...