Saudi Aramco looks to invest in Indian refineries, sources say
By Reuters NEW DELHI – Saudi Aramco is in talks to invest in two planned refineries in India as the world’s top oil exporter looks for a stable outlet for…
Tesla sales sink by nearly half in Europe
AFP Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk’s politics and ageing models may be…
Samsung Co-CEO Han Jong-hee Dies of Heart Attack
In a regulatory filing, Samsung confirmed that Jun, who was appointed co-CEO just last week during the annual shareholders’ meeting, will now oversee the entire company. By Titilope Adako Samsung…
Lagos-based Dangote refinery announces suspension of petrol sale in local currency naira
Bella Ifasola LAGOS – Dangote Petroleum Refinery has announced suspension of sale of petroleum products in country’s local currency naira, the lagos-based company said in a notice on Wednesday. According…
Coronation takes new look at platinum stocks as EV sales slow
Bloomberg The slowdown in sales of electric vehicles worldwide has prompted Coronation Fund Managers Ltd. to take a fresh look at South African producers of precious metals used in traditional…
Dangote refinery cuts petrol price to ₦815/litre in third 2025 reduction as price war within the downstream oil sector in Nigeria persists
LAGOS – The price competition within the downstream oil sector in Nigeria persisted on Thursday as the Lagos-based Dangote Refinery discreetly implemented a price reduction at its loading gantry, lowering…
Mexico will impose retaliatory tariffs on US goods
MEXICO CITY — Mexico President Claudia Sheinbaum said Tuesday that Mexico will respond to 25% tariffs imposed by the United States with its own retaliatory tariffs on U.S. goods. Sheinbaum…
How a key ingredient in Coca-Cola, M&M’s is smuggled from war-torn Sudan
Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M’s sweets, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western…
Canada Retaliates, Puts Tariffs on $107 Billion of US Products
Bloomberg The Canadian government have announced a sweeping package of counter-tariffs against United States-made products after President Donald Trump confirmed that his government will go ahead with levies against Canada…
Dangote refinery slashes petrol loading price to ₦825/litre in Nigeria
Sodiq Rabiu LAGOS – The Dangote Petroleum Refinery, on Wednesday, announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS in Nigeria by ₦65.00. The price will…