Africa Business News

The Federal Government will inaugurate Amal Technology’s production facility for Gas Leak Detection Devices and Printed Circuit Boards in Idu, Abuja.
Nigerian Content Development and Monitoring Board noted that the homegrown innovation was initiated by Amal Technologies Limited with its support under its research & development innovation intervention.
The board says its Research and Development Framework facilitates ideas to market and provides institutional and funding support for market-driven research.
It added that it also supported the commercialisation of breakthrough innovations with high market prospects.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Federal Government will inaugurate Amal Technology’s production facility for Gas Leak Detection Devices and Printed Circuit Boards in Idu, Abuja.
Nigerian Content Development and Monitoring Board noted that the homegrown innovation was initiated by Amal Technologies Limited with its support under its research & development innovation intervention.
The board says its Research and Development Framework facilitates ideas to market and provides institutional and funding support for market-driven research.
It added that it also supported the commercialisation of breakthrough innovations with high market prospects.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Federal Government will inaugurate Amal Technology’s production facility for Gas Leak Detection Devices and Printed Circuit Boards in Idu, Abuja.
Nigerian Content Development and Monitoring Board noted that the homegrown innovation was initiated by Amal Technologies Limited with its support under its research & development innovation intervention.
The board says its Research and Development Framework facilitates ideas to market and provides institutional and funding support for market-driven research.
It added that it also supported the commercialisation of breakthrough innovations with high market prospects.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Process and Industrial Development (P&ID) has lost its final appeal against Nigeria in an eleven-billion-dollar arbitration case.
The P&ID sought to overturn an October judgement by a London High Court that halted the enforcement for damages over a failed gas processing project.
Judge Robin Knowles rejected P&ID’s argument that the case should be returned for arbitration and affirmed that the damages award should be thrown out completely.
The judge had found out that P&ID paid bribes to Nigerian officials who were part of the drafting of the gas supply and processing agreement in 2010.
Nigeria had urged the court to set the award aside, saying that some individuals in the case were being tried for money laundering and graft.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Process and Industrial Development (P&ID) has lost its final appeal against Nigeria in an eleven-billion-dollar arbitration case.
The P&ID sought to overturn an October judgement by a London High Court that halted the enforcement for damages over a failed gas processing project.
Judge Robin Knowles rejected P&ID’s argument that the case should be returned for arbitration and affirmed that the damages award should be thrown out completely.
The judge had found out that P&ID paid bribes to Nigerian officials who were part of the drafting of the gas supply and processing agreement in 2010.
Nigeria had urged the court to set the award aside, saying that some individuals in the case were being tried for money laundering and graft.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Process and Industrial Development (P&ID) has lost its final appeal against Nigeria in an eleven-billion-dollar arbitration case.
The P&ID sought to overturn an October judgement by a London High Court that halted the enforcement for damages over a failed gas processing project.
Judge Robin Knowles rejected P&ID’s argument that the case should be returned for arbitration and affirmed that the damages award should be thrown out completely.
The judge had found out that P&ID paid bribes to Nigerian officials who were part of the drafting of the gas supply and processing agreement in 2010.
Nigeria had urged the court to set the award aside, saying that some individuals in the case were being tried for money laundering and graft.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Senate has passed the bill for an act to amend the 2023 Appropriation Act to extend the implementation year from 31st December 2023 to 31st March 2024.
The upper chamber also passed a bill for an act to amend the 2023 Supplementary Appropriation Act to extend the implementation year from 31st December 2023 to 31st March 2024.
The Senate also confirmed the nomination of the 11 Justices of the Supreme Court.
The upper chamber confirmed them after a debate by the lawmakers who advocated for augmentation of the judiciary budget and also stated the impropriety of leaving a vacuum in the Supreme Court for an extended period before making the appointments.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Senate has passed the bill for an act to amend the 2023 Appropriation Act to extend the implementation year from 31st December 2023 to 31st March 2024.
The upper chamber also passed a bill for an act to amend the 2023 Supplementary Appropriation Act to extend the implementation year from 31st December 2023 to 31st March 2024.
The Senate also confirmed the nomination of the 11 Justices of the Supreme Court.
The upper chamber confirmed them after a debate by the lawmakers who advocated for augmentation of the judiciary budget and also stated the impropriety of leaving a vacuum in the Supreme Court for an extended period before making the appointments.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

The Senate has passed the bill for an act to amend the 2023 Appropriation Act to extend the implementation year from 31st December 2023 to 31st March 2024.
The upper chamber also passed a bill for an act to amend the 2023 Supplementary Appropriation Act to extend the implementation year from 31st December 2023 to 31st March 2024.
The Senate also confirmed the nomination of the 11 Justices of the Supreme Court.
The upper chamber confirmed them after a debate by the lawmakers who advocated for augmentation of the judiciary budget and also stated the impropriety of leaving a vacuum in the Supreme Court for an extended period before making the appointments.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.

Chileans have rejected a new constitution proposed by conservative delegates that would have affected laws in areas including abortion access, the ability to strike and rights for indigenous people.
The draft was rejected by 56% of voters to 44%, Voters had already rejected a progressive draft last year.
The protesters - many of them left-wing students - called for measures to address inequality and the cost of living crisis, as well as social and political reforms.
Among the criticisms made by left-wing opponents were that it failed to protect indigenous rights, could have allowed restrictions to reproductive rights, and enshrined private sector participation in the provision of services such as health, education, and pensions.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.