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ssbet77 With a focus on the cement and oil sectors, Aliko Dangote is expanding Dangote Industries' footprint in Angola By purchasing and managing both onshore and offshore oil blocks, he hopes to expand his industrial presence in Africa He will also engage with key stakeholders, such as Sonangol, the nation's oil company, and the National Oil, Gas, and Biofuels Agency PAY ATTENTION: Got a Minute? Complete Our Quick Survey About Legit.ng Today! Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market. The wealthiest man in Africa, Aliko Dangote, is extending Dangote Industries' presence in Angola with an emphasis on the cement and oil industries. This action is a part of his plan to increase his industrial footprint in Africa by acquiring and operating in both onshore and offshore oil blocks. This week, Dangote landed in Luanda and established a new subsidiary to oversee investments in vital industries including infrastructure, cement, and electricity. PAY ATTENTION : Standing out in social media world? Easy! "Mastering Storytelling for Social Media" workshop by Legit.ng. Join Us Live! This is the most recent stage of Dangote Industries' continuous growth as it seeks to take advantage of Angola's expanding economy . Read also Fuel: After P'Harcourt refinery success, MURIC lists 3 reasons why Kaduna plant should be next focus Dangote met with Angolan President João Lourenço during his visit, and it is anticipated that they would discuss future cooperation at a high level. In order to demonstrate his growing commitment to Angola's energy industry , he will also interact with important players including the National Oil, Gas, and Biofuels Agency (ANPG) and Sonangol, the country's oil business. Dangote's larger plan for Africa is in line with this action, which establishes Angola as a key location in his effort to transform the industrial landscape of the continent. The establishment of a subsidiary which will manage activities like the Lobito Refinery and investments in cement and oil blocks, is a key component of the plan. Given that Angola's economic recovery is gathering steam, Bilionaires.africa reported that Dangote has voiced optimism about the country's improved business environment. “Angola’s economic situation has improved dramatically. We’re hearing positive reports from those visiting, and this encourages our desire to invest,” he remarked following a meeting with Ambassador José Bamóquina Zau. Read also Dangote announces cheaper petrol price than PH refinery amid strong competition One of the main elements of Aliko Dangote's larger plan to promote industrial growth throughout Africa is the expansion in Angola. Dangote Industries already has the biggest cement plant in the area and the biggest oil refinery on the continent. Its diverse portfolio includes packaged foods, sugar, salt, and fertilizer. FG licenses another refinery in North Legit.ng reported that the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved the license to construct a new refinery. Process Design and Development Limited received NMDPRA approval to establish and construct a new 27,000 barrels per day refinery. The authority disclosed that the new refinery will be located in the Dole-Wure, Akko area of Gombe State. PAY ATTENTION : Legit.ng Needs Your Opinion! That's your chance to change your favourite news media. Fill in a short questionnaire Source: Legit.ngCaliberCos stock hits 52-week low at $0.45 amid market challenges

Kolkata, Nov 26 (PTI) The West Bengal health department has launched a probe into the supplies of allegedly low-quality and locally made catheters at a high price to several government hospitals, posing a risk to the lives of patients undergoing treatment in these facilities, officials said on Tuesday. Such central venous catheters (CVCs) were allegedly supplied to at least five medical colleges and hospitals in the state, defying allocation of international standard-compliant CVCs, they said. The distribution company, which has been accused of supplying these catheters to government hospitals, admitted to the fault but placed the blame on its employees. "We started checking stocks some time back and found these locally made CVCs in my hospital store. These catheters are of low quality as compared to those allocated by the state. We have informed the state health department," a senior official of the Calcutta Medical College and Hospital told PTI. Low-quality catheters were also found in the stores of other hospitals, which indicates "possible involvement of insiders in the scam", a health department official said. The low-quality CVCs were supplied by a distributor in Hatibagan area in the northern part of Kolkata for the last three to four months, he said. "Such kinds of local CVCs are priced around Rs 1,500 but the distributor took Rs 4,177 for each device," the official said. A CVC is a thin and flexible tube that is inserted into a vein to allow for the administration of fluids, blood, and other treatment. It's also clinically called a central line catheter. "An initial probe revealed that the distribution company Prakash Surgical had supplied the low-quality and locally manufactured catheters to several government hospitals instead of the CVCs of the government-designated international company. "All the units will be tested and a proper investigation is on to find out who benefited from these supplies," the health department official said. The distribution company blamed its employees for the supplies of inferior quality catheters. “I was sick for a few months. Some employees of the organisation made this mistake. We are taking back all those units that have gone to the hospitals. It's all about misunderstanding," an official of the distribution company told PTI. According to another state health department official, a complaint was lodged with the police in this connection. Asked about how many patients were affected by the usage of such low-quality CVCs, the official said, "The probe would also try to find that out". According to sources in the health department, some of the staff of the hospitals' equipment receiving department and some local officials of international organisations might be involved in the corruption. (This story has not been edited by THE WEEK and is auto-generated from PTI)

Michigan upsets No. 2 Ohio State 13-10 for Wolverines' 4th straight win over bitter rival

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Donald Trump has selected his son-in-law Jared Kushner’s father, Charles Kushner, to serve as the next U.S. ambassador to France, the U.S. president-elect announced Saturday. The information you need to know, sent directly to you: Download the CTV News App Trump described Charles Kushner as a highly successful business leader, philanthropist and dealmaker, with deep experience in the real estate industry. “Charlie is the Founder & Chairman of Kushner Companies, one of the largest & most successful privately held Real Estate firms in the Nation. He was recognized as New Jersey Entrepreneur of the Year by Ernst & Young, appointed to the U.S. Holocaust Memorial Council, & served as a Commissioner, & Chairman, of the Port Authority of New York & New Jersey, as well as on the Boards of our top institutions, including NYU,” Trump wrote in a Truth Social post. Kushner was pardoned by Trump in 2020 after serving a prison sentence following a conviction on federal charges. This story is breaking and will be updated.( ) stock took another hit Wednesday on investors' robotaxi jitters. Shares of the ride-hailing giant fell after ( ) wind down its Cruise self-driving-taxi efforts. GM will focus instead on developing advanced driver-assistance systems for use in personal vehicles, the company said late Tuesday. The automotive giant cited growing competition in the robotaxi market. Cruise has faced several setbacks, while ( )-owned Waymo is already providing more than . ( ), meanwhile, is to launch a ride-hailing service. Gene Munster, managing partner at Deepwater Asset Management, Tuesday that the Cruise announcement looked like good news for Tesla and Google and bad news for Uber and its top U.S. rival, ( ). "This is further evidence that the robotaxi market will be winner take most," Munster wrote. "The likely winners are Tesla and Waymo. The losers will likely be Uber and Lyft." Uber stock slipped more than 4% to 62.01on the . In late August, Uber announced it would partner with Cruise to offer . Uber Stock's Robotaxi Woes This is the second time in the past seven days that Uber stock has sold off in response to robotaxi news. Shares sank more than 10% last Thursday after it would expand its Waymo One app to Miami. Waymo has partnered with Uber to offer rides through the Uber app in Phoenix and for its upcoming expansions in Austin and Atlanta. So investors appeared startled when Uber was not mentioned in Waymo's announcement Uber is pitching its app as a way for self-driving-car developers to find demand for their vehicles. Uber's app powered nearly in its third quarter alone. It also has a partnership with Avride, part of ( ), and last week launched robotaxis in Abu Dhabi with China-based mobility company ( ). But investors have largely taken a more bearish view this year on Uber, mostly because of The concerns have shares of both Uber and Lyft since Chief Executive Elon Musk first teased the company's in the spring. Musk has previously described the effort as an ( ) and Uber hybrid. With Wednesday's decline, Uber stock is now down a 0.5% year-to-date and 1% from its price 12 months ago. That's a significant reversal after Uber's and bookings growth powered a 150% rally in 2023. Lyft stock is down 5% at 15.40. Its year-to-date gain has been knocked down to just 2%.SCOTS were left baffled after severe weather alerts appeared on their phones - despite plunging temperatures. Punters received warnings over "high temperatures" yesterday and a "significant threat to life or property". 3 Scots were left baffled after severe weather alerts appeared on their phones Credit: Alamy 3 The mercury recently dropped to lows of -11C in Braemar, Aberdeenshire Credit: Alamy 3 Scots are set to be hit with blizzards as forecasters predict more flurries Credit: WXCharts The message also urged members of the public to "take action immediately". This is despite the mercury dropping to lows of -11C in Braemar, Aberdeenshire , in the past few days. Taking to social media to react to the blunder, one person wrote: "Met Office, you okay? Severe HIGH temperatures?" Another said: "Is someone taking the mick at the Met Office?" Read more Scottish news DRIVER'S WARNING Section of major Scots motorway CLOSED for urgent works MANIAC CAGED Drug-fuelled son who stabbed Scots mum 62 times in face and neck jailed A third added: "When should I get the bikini out? It's baltic, but I trust we're in for a heatwave?" The Met Office later confirmed the warnings were published in error during routine testing. They said: "During routine testing with a third-party warnings aggregator test warnings were erroneously published in the aggregator's live system. "This resulted in redistributors including Apple publishing the test warnings on their channels. Most read in The Scottish Sun 'GREATEST BLESSING' Celtic star and glam Wag share exciting baby news with stunning video FRESH BLOW Scotland star suffers another setback - one month after first start in 615 days NOT SO NICE Rangers slam 'heavy-handed' police at Nice game with fans urged to send proof FINAL CURTAIN Janey Godley's catchphrase displayed on hearse as hundreds line street "The test warnings were promptly removed from the aggregator's live system, resulting in the majority of redistributors also removing them from their channels. "However, some are continuing to show the test warnings. We are working with the aggregator to contact those redistributors whose systems have not processed the cancellation." Storm Bert: Stock up on food & water, Brits told as trains axed, ferries cancelled & roads closed with 7 warnings issued We told how Scots are set to be hit with blizzards as forecasters predict more flurries. Weather maps from WXCharts show parts of the Highlands could see up to six inches (16cm) of the white stuff at around 12pm on December 8. Meanwhile, the west of the country could see several inches hit during the snowy spell. By the evening of December 9, the mercury could plunge to lows of -7C. But before that, cities including Glasgow , Edinburgh, Inverness and Dundee will see several inches next Tuesday, December 3, when snow is set to blanket the entire country.Cheryl Hines Faces Backlash Over Video of RFK Jr. Showering in MAHA Promo

CALGARY - The Alberta government did not consult with the oil and gas sector before announcing a sweeping set of plans it says it could use to challenge the proposed federal greenhouse gas emissions cap, industry sources say. Companies are still digesting Premier Danielle Smith’s move to announce a forthcoming motion under the province’s Sovereignty Act, which Smith said Tuesday will give Alberta the ability to assert ownership over its own fossil fuel resources. Tristan Goodman, president and CEO of the Explorers and Producers Association of Canada, said while industry insiders expected the UCP government would use the Sovereignty Act to take aim at the emissions cap, the details unveiled Tuesday came as a surprise. “We weren’t broadly consulted,” he said. A second industry source confirmed the lack of consultation, adding that companies on Wednesday were still trying to absorb what Smith’s proposals could mean. Goodman said companies need to see more detail, particularly around Smith’s suggestion that the provincial government could take exclusive control and ownership of emissions data collected at oil and gas company sites. “That’s where we would like to be collaborated with. We would like to be talked to, to see how that would specifically work,” he said. Smith also said the provincial government will consider instructing provincial authorities, such as the Alberta Energy Regulator, not to enforce the cap. And she said Alberta would consider barring federal officials from physically setting foot on oil and gas facilities. Goodman acknowledged some of these proposals will require the fine-tuning of details. “If the province wishes to ban certain types of other government officials from sites, we (the industry) are not going to get involved in that,” he said. “That would be up to the province to enforce that.” But he emphasized the oil and gas sector as a whole remains deeply opposed to the emissions cap, and is happy the Alberta government is standing up for the province’s No. 1 industry. “We agree with Premier Smith that these are provincial resources, and that the federal government is overstepping their constitutional boundaries,” Goodman said. “So we’re actually quite pleased to see the premier taking strong action and defending the sector.” The proposed federal emissions cap, which is still in draft form, would require oil and gas companies to cut emissions by 35 per cent below 2019 levels by 2030. The oil and gas industry has maintained that the proposed cap is unconstitutional and amounts to a cap on production that would severely harm Alberta and the Canadian economy. Adam Legge, president of the Business Council of Alberta, called the cap “the epitome of bad public policy” and said Wednesday he believes it would be open to constitutional challenge. “We support and applaud the provincial government exploring all potential tools to push back against this unfair and discriminatory policy, and have told the premier we would lend support to a legal challenge,” Legge said in an emailed statement. But behind the scenes, not all industry leaders are likely to be thrilled with Smith’s proposals, said Richard Masson, an executive fellow at the University of Calgary’s School of Public Policy and the former CEO of the Alberta Petroleum Marketing Commission. He said he believes Smith’s proposals will come off “poorly” around corporate board tables in Calgary and be viewed as “another layer of complication and uncertainty.” “And I’m not even sure it’s going to have the desired effect of getting the federal government to back off,” Masson said. “It just looks like more fighting, more risk, and to companies, will probably look like another example of governments who can’t get their act together to try to come up with some kind of attractive investment environment in our country.” Masson said neither Smith’s proposal about restricting site access, nor her suggestion that the province could take ownership of individual companies’ proprietary emissions data, would be easy to carry out. “It doesn’t seem to be fruitful on any level,” he said, adding he also believes the suggestion that the Alberta government could help sell more of the province’s bitumen by marketing their royalty share barrels is unworkable. “It would be super complicated. It’s not a good idea,” he said. The Pathways Alliance, a consortium of Canada’s six largest oilsands companies, said Wednesday it believes the federal emissions cap will actually deter companies from investing in emissions-reducing technology by saddling them with an additional layer of regulatory complexity. “We appreciate the Alberta government is supporting and standing up for the economic interests of the province and Canada, and we will continue to work with Alberta to oppose the flawed proposed emissions cap,” said Pathways president Kendall Dilling in an emailed statement. Under Alberta’s Sovereignty Act, the government must first put a motion forward in the legislative assembly identifying a federal matter at issue and outlining potential steps the government should take to overcome it. Once the motion is passed in the assembly, the Act stipulates that Smith’s cabinet will then determine the legality of the chosen measures before taking action. Smith did not say when a motion will be put forward in the legislature. The federal government’s finalized regulations for the emissions cap are expected to be published in the spring. The federal government has maintained its stance that the cap is meant to limit pollution, not oil and gas production. But Alberta has said the cap would lead to a drop in production to the tune of one million barrels per day, resulting in large-scale job losses and leading to a five per cent loss in royalty revenues for the provincial government. This report by The Canadian Press was first published Nov. 27, 2024.

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NEW YORK (AP) — Donald Trump used his image as a successful New York businessman to become a celebrity, a reality television star and eventually the president. Now he will get to revel in one of the most visible symbols of success in the city when he rings the opening bell of the New York Stock Exchange on Thursday as he's also named Time Magazine's Person of the Year. Trump is expected to be on Wall Street to mark the ceremonial start of the day's trading, according to four people with knowledge of his plans. He will also be announced Thursday as Time's 2024 Person of the Year , according to a person familiar with the selection. The people who confirmed the stock exchange appearance and Time award were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity.