Tariffs on Mexican and Canadian Imports Could Drive Up Gas and Grocery Prices
Upcoming tariffs on goods from Mexico and Canada could significantly impact U.S. consumers, with gasoline prices potentially rising by as much as 70 cents per gallon and grocery bills climbing, experts warn. The Trump administration has reaffirmed plans to impose a 25% tariff on all imports from Canada and Mexico starting February 1. These two […]
Netflix Announces Price Hikes in Select Countries After Adding 19 Million Subscribers in Late 2024
Netflix is raising subscription prices in several countries following a surge of nearly 19 million new subscribers in the final quarter of 2024. The price increases will affect users in the United States, Canada, Argentina, and Portugal, the streaming giant confirmed. However, a spokesperson for Netflix stated there was “nothing to share right now” regarding […]
TikTok Restores U.S. Services Amid Temporary Ban and Trump’s Assurances
TikTok announced Sunday that it is in the process of restoring its services in the United States after an initial ban began to take effect earlier in the day. “In agreement with our service providers, TikTok is in the process of restoring service. We thank President Trump for providing the necessary clarity and assurance to […]
Dangote Refinery Explains Fuel Price Hike, Links Increase to Global Crude Oil Prices
The Dangote Petroleum Refinery has clarified that the recent pump price hike for Premium Motor Spirit (PMS), also known as petrol, was driven by rising global crude oil prices and not an internal decision by the company. Announcing the new prices, the refinery set the cost at N955 per litre at the loading gantry, up […]
TikTok Denies Report of Potential US Sale to Elon Musk as “Pure Fiction”
TikTok has dismissed claims that Chinese officials are considering selling the social media platform’s U.S. operations to Elon Musk’s X platform, calling the report “pure fiction.” The denial follows a Bloomberg report alleging that China might allow the sale of TikTok’s U.S. operations if the Supreme Court upholds a January 19 deadline mandating a divestiture […]
Apple Rejects Proposal to End Diversity, Equity, and Inclusion Programs Amid Conservative Pushback
Apple’s board of directors has urged shareholders to vote against a proposal to eliminate its Diversity, Equity, and Inclusion (DEI) initiatives, a move pushed by the conservative National Center for Public Policy Research (NCPPR). The NCPPR argues that DEI policies create “litigation, reputational, and financial risks” for companies. Apple’s leadership countered the proposal in a […]
NNPCL Reduces Petrol Price to ₦899 Per Litre Amid Festive Relief
The Nigerian National Petroleum Company Limited (NNPCL) has announced a reduction in the pump price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦1,020 to ₦899 per litre. Dr. Joseph Obele, National Public Relations Officer of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), confirmed the price adjustment, citing official documentation […]
Marketers Urge Dangote Refinery to Boost Vessel Supply for Greater Impact of Fuel Price Reduction
Following the reduction of its ex-depot petrol price to N899.50 per litre from N970, and the subsequent drop in pump prices at some filling stations to N939.50, major oil marketers have called on Dangote Refinery to prioritize supplying petrol via vessels to amplify the price reduction’s impact on the market. Marketers lifting petrol from the […]
Amazon Workers Launch Strike Amid Holiday Rush Over Union Contract Disputes
Thousands of Amazon employees are set to strike on Thursday morning, targeting the company during the critical final days of the holiday season. The walkout comes in response to Amazon’s refusal to negotiate union contracts, union officials say, and could disrupt operations at a pivotal time for the retail giant. The strike will affect key […]
Dangote Refinery Denies $1B NNPCL Loan Amid Liquidity Crisis
The Dangote Petroleum Refinery and Petrochemicals (DPRP) has dismissed allegations that the Nigerian National Petroleum Company Limited (NNPCL) provided a $1 billion loan to the refinery during a liquidity crisis. In a statement on Wednesday, Anthony Chiejina, DPRP’s Chief Branding and Communications Officer, described the claim as a distortion of facts. “$1 billion represents just […]
