Dangote Petroleum Refinery has introduced a significant price reduction for its Premium Motor Spirit (PMS), bringing the price down from N970 to N899.50 per litre. This initiative, described as a “holiday promo,” aims to alleviate transportation costs for Nigerians during the festive period. In a statement released by Anthony Chiejina, Group Chief Branding and Communications…
A massive drone and missile strike targeted the Novoshakhtinsk oil refinery in Russia’s Rostov region. Ukrainian and Russian officials confirmed the attack, which reportedly sparked a massive fire lasting over six hours. This strike is part of a series of Ukrainian assaults on Russian energy infrastructure, which Kyiv has justified as retaliation for Moscow’s relentless…
On Thursday, the Asian stocks slipped, trailing a sharp sell-off on Wall Street, as the U.S. Federal Reserve’s cautious tone on future rate cuts rattled investors. The Fed’s “higher for longer” policy stance and the Bank of Japan’s (BOJ) decision to hold interest rates steady added to market jitters. Meanwhile, the U.S. dollar climbed to…
