Burberry has announced the immediate departure of CEO Jonathan Akeroyd after just over two years in the role, as the luxury fashion company braces for a significant first-half operating loss and halts shareholder dividend payouts. The decision, described as a mutual agreement with the board, comes as Burberry grapples with a steep decline in sales….
Nigeria’s crude oil production and revenue face significant threats as youth leaders from Ogoni, Rivers State, have issued a 24-hour ultimatum to the Federal Government. This ultimatum, set to expire on Monday, demands the reinstatement of the recently sacked Project Coordinator of the Hydrocarbon Pollution Remediation Project (HYPREP), Prof. Nenibarini Zabbey. The presidency announced a…
Dangote Refinery Set to Commence Petrol Production in August 2024 Following Resolution of Crude Supply Issues Alhaji Aliko Dangote, President of the Dangote Refinery, has announced that the refinery is poised to begin petrol production in August 2024. This development follows the successful resolution of crude oil supply challenges with the assistance of the Nigerian…
