Business
Nigeria’s Oil Field, OML 29 Shuts Down Due To Pipeline Leak
The Nembe Creek oil field in Bayelsa State, which produces about 150,000 barrels of crude oil per day (bpd), has been shut down...
TotalEnergies Announces 20% Drop In Profits Due To Nigeria’s Exchange Rate Woes
TotalEnergies Marketing Nigeria Plc has, on Saturday, reported a 20% increase in profits amid the country’s ongoing economic challenges. In its 46th Annual...
MultiChoice Reduces Prices For DStv, GOtv After Court Order
In response to a court order mandating the reversal of a recent price hike, MultiChoice Nigeria has reduced its subscription rates for DStv...
Chinese Automakers Surpass U.S. Counterparts In Global Sales For First Time
Chinese automakers have outpaced their U.S. rivals in vehicle sales for the first time, driven by solid performances from brands like BYD and...
Saudi Arabia Ends 80-Year Petrodollar Deal with US
Saudi Arabia has decided not to renew its 80-year petrodollar agreement with the United States, marking a significant shift in global economic dynamics. ...
Diageo Sells Stakes in Guinness, Joining Multinationals Exiting Nigeria
On Tuesday, Diageo announced the decision to sell majority stakes in its subsidiary Guinness Nigeria to Tolaram Group, becoming the latest multinational to...
NSCDC Uncovers Illegal Oil Bunkering Site in Rivers, Arrests Three
The Nigeria Security and Civil Defence Corps (NSCDC) has arrested three suspects in Rivers State over illegal oil activities. This was conveyed through...
Rivers Community Shuts Down Agip Oil Office Over Neglect and Broken Promises
Mgbuosimini Community in Obio/Akpor Local Area of Rivers State has shut down the Port Harcourt office of the Nigeria Agip Oil Company (NAOC)....
Samsung Workers Stage First-ever Strike Over Pay Dispute In South Korea
Employees at Samsung Electronics, one of the world’s largest smartphone and high-end semiconductor manufacturers, have staged their first-ever strike. About 10 of these...
Nvidia Surpasses Apple to Become Second Most Valuable Public U.S. Company
Nvidia’s market value surged past $3 trillion on Wednesday, briefly overtaking Apple as the second most valuable publicly listed company globally. The technology...
Sweden, Finland Move To Ease Strict Restrictions On Alcohol Sales
Sweden’s government has announced plans to allow breweries, distilleries, and winemakers to sell alcoholic beverages directly to visitors, easing the country’s strict alcohol...
UK’s Standard Chartered Accused of Funding Sanctioned Terrorist Entities
Standard Chartered, one of the UK’s largest banks, has been accused of facilitating billions in transactions for sanctioned entities, including terrorist organisations, according...