Steel Industry Embracing ‘Industrial Origami’ to Curb Carbon Emissions

Tue Beijer, co-founder and CTO and Jonas Nyvang, co-founder and CEO of Stilfold AB, share insights into how the Japanese art of origami was the inspiration behind the Swedish company Stilfold’s innovative carbon emission-busting steel-folding techniques. In a post on the World Steel Association website, the duo, said  that the people who first began folding…

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WTO says Trade-facilitating policies now outpacing restrictions among members

The WTO says that it’s member countries  introduced more trade-facilitating measures than trade-restricting measures on goods, between mid-October 2023 and mid-May 2024. It’s Director-General, Dr Ngozi Okonjo-Iweala,  said : ” It’s an important signal of members’ commitment to keep trade flowing despite the current geopolitical uncertainty.” WTO, in its latest Trade Monitoring Update issued on…

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Dangote Cement Curbing Carbon Emissions , Utilizes 34,800MT of Alternative Fuels

“Between January and July 2023, Dangote Cement  consumed over 34,800 metric tonnes of alternative fuel materials for its  operations.” The alternative fuels  includes tyre chips, waste oils, and agricultural waste such as palm kernel shells and rice husks. This was disclosed by the Head of Sustainability, Dangote Cement Plc, Obajana Plant, Dr.  Eseosa Ighile. ”…

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CBN launches NOFR to deepen money market

The Central Bank of Nigeria on Friday announced the introduction of the Nigerian Overnight Financing Rate (NOFR) as a new benchmark for the country’s money market, aimed at improving transparency and strengthening monetary policy transmission. The disclosure was contained in a press statement issued by the CBN’s Acting Director of Corporate Communications, Hakama Sidi-Ali. According…

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