Favour's blog

Nigeria's national power grid suffered yet another collapse on Wednesday, December 11, 2024, leaving the country in darkness. This marks the 12th time the grid has failed this year, a record-setting number of collapses for a single year. The incident occurred at 2:09 pm, as confirmed by a tweet from the official handle of Nigeria’s National Grid. “The major grid setback has occurred, and the restoration is to commence,” the tweet stated. Between January and November 2024, the grid collapsed 11 times. In October alone, it failed three times within a single week, leading to widespread blackouts and public outcry. This persistent issue has sparked debates about the nation’s power infrastructure, with many Nigerians calling for urgent reform and investment in sustainable energy solutions. More details about the latest collapse and efforts toward restoration are expected to follow. Follow us on Facebook @ Favour's blog , on Instagram @ Favour's blog , on X @ Favour's blog

Antitrust enforcement has become an essential global practice to ensure fair competition and foster innovation, and companies should not use geopolitical tensions as excuses for breaching their legal commitments, said top industry experts on Tuesday. Their comments followed an investigation launched by China's State Administration for Market Regulation (SAMR) into US chipmaker Nvidia over suspected violations of anti-monopoly laws and its commitments during the 2020 acquisition of Israeli chip designer Mellanox Technologies Ltd. While the specific details of the investigation remain undisclosed, Deng Feng, a law professor at Peking University, pointed out that Nvidia has stopped supplying several GPU products to China due to US export controls. This, he said, breached Nvidia's previous commitments and harmed Chinese companies, resulting in widespread dissatisfaction in the industry. In 2019, when Nvidia made its $6.9 billion bid to acquire Mellanox, concerns arose about Chin...