DCSO: Crude Deliveries To Dangote, Others Drop To 28.5m Barrels Q1 Despite 61.9m Barrels Allocation
Nigerian crude oil producers supplied local refineries with less than half of the volumes allocated under the Domestic Crude…
Category: Business
Tesla To Recall Nearly 219,000 US Vehicles
Tesla is recalling 218,868 vehicles in the U.S. due to delayed rearview camera images that could increase the risk…
Trump Pausing Hormuz Operation In Push For Iran Deal
President Donald Trump said Tuesday he was halting the US military operation to escort ships through the Strait of…
Australia To Establish One Billion Litre National Fuel Stockpile
Australia will establish a national fuel stockpile of one billion litres to shield the nation from an energy crisis…
Oil Sinks, Stocks Rally On Peace Hopes, Samsung Tops $1trn
Oil prices extended losses and stocks rallied Wednesday on fresh hopes for an end to the Iran war and…
Philips Profits Double In First Quarter
Philips said Wednesday its first-quarter profits had doubled, maintaining its sales forecasts as the Dutch electronics and medical device manufacturer…
BMW Profit Plunges As China Woes, Tariffs Weigh
Premium German carmaker BMW reported a plunge in first-quarter profit on Wednesday as fierce competition in China and tariffs…
Presidency Will Not Bring Back Fuel Subsidy, Oyedele Insists
The Minister of Finance and Coordinating Minister of Economy, Taiwo Oyedele, has insisted that the Presidency will not bring…
Tinubu Engages With Global Investors In France
President Bola Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline and explaining the…
UK’s 30-Year Bond Rate Highest Since 1998
The interest rate on 30-year UK government bonds reached the highest level since 1998 Tuesday, as investors fretted over soaring…