News
British Billionaire Branson Takes Off for Space with Virgin Galactic
Billionaire Richard Branson took off Sunday from a base in New Mexico aboard a Virgin Galactic vessel bound for the edge of space, a voyage he hopes will lift the nascent space tourism industry off the ground.
A massive carrier plane made a horizontal take-off from Spaceport, New Mexico at around 8:40 am Mountain Time (1440 GMT) and will ascend for around an hour to an altitude of 50,000 feet (15 kilometers).
The mothership will then drop a rocket-powered spaceplane called VSS Unity, which will ignite its engine and ascend at Mach 3 beyond 50 miles (80 kilometers) of altitude, which marks the boundary of space according to the United States.
The spaceplane is carrying two pilots and four passengers, including Branson.
Once the rocket engine is cut off, passengers can unbuckle and experience a few minutes of weightlessness, while admiring the curvature of Earth from the ship’s 17 windows.
After peaking at around 55 miles of altitude, the ship will re-enter the atmosphere and glide back to the runway.
“It’s a beautiful day to go to space,” the brash Brit wrote in a tweet earlier where he posted a video of himself biking to the base and meeting with his crewmates, all Virgin employees.
Branson is also aiming to one up Amazon founder Jeff Bezos by winning the race to be the first tycoon to cross the final frontier in a ship built by a company he founded.
Earlier, he posted a picture of himself standing in a kitchen with SpaceX boss Elon Musk, who’d come to show his support.
Several tourists journeyed to the International Space Station in the 2000s, but on Russian rockets.
Branson’s official role is to evaluate the private astronaut experience to enhance the journey for future clients.
– Space base -Branson, who founded the Virgin Group has interests in everything from commercial aviation to fitness centers, is known for his appetite for adventure and has set world records in hot air ballooning and boating.
“As a child, I wanted to go to space,” the 70-year-old wrote a few days ahead of his trip.
He founded Virgin Galactic in 2004, but the dream almost came to an end in 2014 when an in-flight accident caused the death of a pilot, considerably delaying the program.
Since then, VSS Unity has successfully reached space three times, in 2018, 2019 — which included the first crew member who wasn’t a pilot — and finally May this year.
Sunday’s spaceflight takes off from Spaceport America, a huge base built in the Jornada del Muerto desert, around 20 miles southeast of the nearest dwelling, Truth or Consequences.
Financed largely by the state of New Mexico, Virgin Galactic is the principal tenant.
– Paying passengers in 2022? -After Sunday, Virgin Galactic plans two further flights, then the start of regular commercial operations from early 2022. The ultimate goal is to conduct 400 flights per year.
Some 600 tickets have already been sold to people from 60 different countries — including Hollywood celebrities — for prices ranging from $200,000 to $250,000.
And though, according to Branson, “space belongs to us all,” the opportunity for now remains the preserve of the privileged.
“When we return, I will announce something very exciting to give more people the chance to become an astronaut,” he promised.
The competition in the space tourism sector, whose imminent rise has been announced for years, has come to a head this month.
Bezos, the richest person in the world, is due to fly on July 20 on Blue Origin’s New Shepard rocket.
Blue Origin posted an infographic Friday boasting the ways in which the experience it offers is superior.
The principal point: New Shepard climbs up to more than 60 miles in altitude, thus exceeding what is called the Karman line, the frontier of space according to international convention.
Bezos himself wished Branson “best of luck” in an Instagram post the following day.
News
Verve Partners Ali Express On Seamless Cross-Border Shopping
Verve International, Africa’s domestic payments card scheme and token brand, has announced that its cards are now accepted on AliExpress, one of the world’s largest online retail platforms.
This landmark partnership expands Verve’s global reach, offering seamless and secure payment solutions and providing millions of Verve cardholders and merchants worldwide with easy access to AliExpress’ extensive range of products, including fashion, electronics, home goods, beauty, and more.
The collaboration empowers Verve cardholders, both locally and internationally, to engage in cross-border transactions.
It also reinforces Verve’s unwavering commitment to delivering inclusive, innovative, and secure digital payment solutions that empower individuals and businesses alike, while bridging the gap in global digital commerce.
Speaking on the partnership, Vincent Ogbunude, Managing Director, Verve International, remarked: “We are excited to announce that Verve is now accepted on AliExpress, a globally recognised e-commerce leader.
This marks a significant milestone in our global expansion journey, reflecting our commitment to providing cardholders with access to more possibilities in today’s digital economy.
The addition of AliExpress to our growing network is just the beginning, there’s much more to come as we continue to innovate, expand, and deliver value to millions of Verve cardholders in Nigeria and beyond.”
Verve’s expanding global network is bolstered by partnerships with renowned brands such as Google, YouTube, Netflix, Amazon Prime, Facebook, Uber, Spotify, among others, enabling cardholders to conveniently pay for subscriptions in naira.
These alliances solidify Verve’s position as a trusted leader in the digital payments space, ensuring that consumers can access top-notch services across diverse industries.
With AliExpress joining this network and Verve integrated into its payment options, Verve cardholders can easily shop and pay for a wide range of products.
To shop on AliExpress using a Verve card, simply sign in, select the items to buy, and click ‘Buy now.’ When prompted, add a new card and enter the Verve card details. Save the information for future use, confirm the details, and complete the payment seamlessly.
News
Stanbic IBTC Asset Management Unveils Anti-scam Measures to Protect Mutual Fund Holders
Stanbic IBTC Asset Management has introduced strong measures to safeguard its customers from scams targeting mutual fund holders.
In response to this trend, the company has launched a strategic campaign to educate customers on protecting their investments and understanding the correct procedures for mutual fund subscriptions.
The Company, in a statement disclosed that recently, enquiries about the authenticity of messages for mutual fund subscription have surged. It stated: “Many of these messages contain differing and potentially incorrect account numbers, leading to confusion and concern among investors.
“In response to these concerns, Stanbic IBTC Asset Management launched a campaign to educate customers by providing accurate information and security tips to reduce the likelihood of clients falling prey to scam attacks.
“The campaign has established three main objectives: first, to educate customers about the mutual fund subscription process by providing precise and accurate information that empowers them to make informed decisions.
Second, it aims to ensure that customers verify the payment accounts for any Stanbic IBTC mutual fund investments, encouraging due diligence in confirming the legitimacy of financial communications”.
The statement further stated that the campaign seeks to raise awareness of scam attempts that may mislead customers into using incorrect account details, highlighting the tactics used by scammers to keep customers informed and vigilant.
Busola Jejelowo, the Chief Executive of Stanbic IBTC Asset Management, recently addressed the importance of a new initiative to safeguard customers in an increasingly complex financial landscape.
“At Stanbic IBTC, our top priority is our customers’ financial safety, and we are fully committed to ensuring that our clients have the security they need while managing their investments”.
News
Amnesty International Condemns Police Actions During #EndBadGovernance Protests
Amnesty International has accused Nigerian police of using excessive force against demonstrators during the #EndBadGovernance protests, which took place from August 1 to 10 across the country in response to Nigeria’s harsh economic conditions.
According to the human rights organization, the police crackdown resulted in the deaths of at least 24 people, including 20 young adults, two children, and an older person.
Amnesty’s report claims that the victims were shot by police at close range, often in the head or torso, indicating an intent to kill. Two survivors sustained severe injuries, while others suffered from the indiscriminate use of tear gas. The organization condemned the actions of security personnel, describing the violence as “unbelievable lawlessness” and accusing authorities of covering up the atrocities to downplay the death toll.
Eyewitnesses from Kano, Katsina, Jigawa, and other states told Amnesty that the protests began peacefully but escalated into chaos when police opened fire with live ammunition and tear gas. In Kano, 12 people were killed, while Jigawa and Niger states reported three fatalities each. Kaduna and Maiduguri also recorded multiple deaths.
In addition to the killings, over 1,200 protesters, including minors, were detained, and more than 146 were charged with treasonable offenses. Some detainees reported being subjected to torture. One protester, Khalid Aminu, described being beaten with sticks and iron cables while in the custody of the Department of State Services (DSS). Another detainee, Michael Adaramoye, was held for two months for participating in a protest in Abuja.
Despite mounting evidence, including eyewitness accounts, medical records, and video footage, Nigerian authorities have denied involvement in the violence, attributing the deaths to “unknown gunmen” or dismissing reports as “fake news.” Amnesty International has called on President Bola Tinubu to establish an independent and impartial investigation into the violations and to hold those responsible accountable.
The protests, triggered by widespread corruption and economic hardship, have reignited concerns about the Nigerian government’s disregard for human rights. Amnesty International stressed that law enforcement’s use of firearms against peaceful protesters violates international standards, urging authorities to end impunity and ensure justice for the victims.
- Telecom1 day ago
Google, Meta Criticize Australia’s Rush to Pass Social Media Ban for Under-16s
- E-Business2 days ago
NITDA Alerts Nigerians on Cybersecurity Risks Linked to Spotify
- Telecom2 days ago
FG Plans Four New Satellites as Part of Tinubu’s Renewed Hope Agenda
- Telecom2 days ago
MTN Nigeria Shops for N50Bn Commercial Paper to Boost Working Capital
- E-Financial1 day ago
PenCom, PenOp to Integrate Uncovered Workers into Micro Pension Plan
- News2 days ago
Asein, DG NCC Seeks IP Policy for Every University
- Telecom2 days ago
Empowering Youth: Highlights from Meta’s First Youth Summit in Lagos
- E-Financial2 days ago
Foreign Transactions on NGX Hit N744.34bn in 10 Months, Up 156% YoY