Dangote refinery slashes petrol price again, now N820/litre
The Dangote Petroleum Refinery has reduced the price of petrol from N840 to N820 per litre, marking its second price cut in…
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JAPA: US Embassy screens Nigerian students’ social media account
The United States Mission in Nigeria now requires all applicants for F, M, and J nonimmigrant visas to set their social media…
Shell expects weaker Q2 earnings amid drop in oil, gas profits
Shell Plc announced on Monday that its second-quarter earnings are expected to take a hit, driven by a significant decline in contributions…
France fines fashion brand Shein €40m for deceptive practices
France’s antitrust agency announced on Thursday that it fined fast-fashion retailer Shein €40 million ($47.17 million) for deceptive practices, including misleading customers…
Canada backs down on digital tax ahead of US trade talks
Canada has backed down from implementing its digital services tax, citing hopes for a mutually beneficial trade deal with the United States,…
Banks’ compliance officers push for AI-driven risk solutions
The Association of Chief Compliance Officers of Banks in Nigeria has advocated for the integration of artificial intelligence and advanced technologies in…
Fitch’s African loan assessment contradicts itself — Afreximbank executive
The Executive Vice President for Governance, Legal & Corporate Services at Afreximbank, Dr. George Elombi, has described Fitch Ratings’ assessment of the bank’s…
Tesla secures $556m contract for grid battery project in China
Tesla has signed its first agreement to build a large-scale grid battery power plant in China amid ongoing trade tensions between Beijing…
Israel shuts embassies globally after striking Iran
Israel has ordered the closure of its embassies worldwide and urged its citizens to remain alert, after launching a major attack on…
FG moves to revoke dormant oil licences
The Nigerian Upstream Petroleum Regulatory Commission has announced plans to enforce the ‘drill or drop’ policy, which requires oil producers to either…
Apple adopts new names for operating systems at WWDC 2025
In a move to simplify and unify its software branding, Apple announced a major change to its operating system naming convention at…
Boeing plane returns to China as Trumps tariffs relax
Boeing has restarted deliveries of its 737 MAX aircraft to Chinese customers, with a new plane landing in China on Monday, signaling…