Apple Sales In Biggest Fall Since 2019
Apple sales dropped at the end of 2022 as shoppers squeezed by the rising cost of living cut back their purchases. Sales at the iPhone giant fell 5% in the three months to December compared with the same period in 2021. It was the biggest decline since 2019 and worse than expected. The update came […]
Shell Reports Highest Profits In 115 Years
Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9bn (£32.2bn) in 2022, double last year’s total and the highest in its 115-year history. Energy firms have seen record earnings since oil and gas prices jumped following the invasion of Ukraine. […]
White House Calls Exxon Record Profit ‘outrageous’
Oil giant ExxonMobil reaped a record $55.7bn (£45.2bn) in profit last year as oil prices surged following Russia’s invasion of Ukraine. The total was more than double 2021’s figure, and is likely to renew pressure on the industry after some countries, including the UK, imposed special taxes on the profits last year. Exxon has criticised […]
We’ll Make Sure Petrol Is Available During Elections, NNPC Tells INEC
The Nigerian National Petroleum Company (NNPC) Limited says it will ensure the availability of petrol during elections. A team from the Independent National Electoral Commission (INEC) led by Mahmood Yakubu, INEC chairperson, visited the NNPC towers in Abuja on Tuesday to discuss the availability of petrol during the forthcoming elections. Yakubu had earlier said INEC’s […]
NNPC Terminates Contract With Addax Petroleum, Takes Over Assets
The Nigerian National Petroleum Company (NNPC) Limited has announced that it has terminated 24 years contract with Addax Petroleum’s production sharing contract (PSC) and has taken over their assets. Addax is owned by Sinopec, a state-owned Chinese firm. Mele Kyari, group chief executive officer (GCEO), NNPC Limited, GCEO; and Yonghong Chen, outgoing managing director (MD), […]
UK Expected To Be Only Major Economy To Shrink In 2023 – IMF
The UK economy will shrink and perform worse than other advanced economies, including Russia, as the cost of living continues to hit households, the International Monetary Fund has said. The IMF said the economy will contract by 0.6% in 2023, rather than grow slightly as previously predicted. However, the IMF also said that it thinks […]
Building Capacity And Business Development- Dayo Adetiloye
The new year comes with a lot of expectations, resolutions and strategizing. Some may not even be sure of what next while those who know do not have a clue on how to go about it. Please watch, like, share and subscribe. In case of any questions, feel free to drop it in the comment […]
Dad’s Warning After Girl, 14, Dies From Inhaling Deodorant
The parents of a girl who died after inhaling aerosol deodorant want clearer product labelling to warn people of the potential dangers. Giorgia Green, who was 14 and from Derby, had a cardiac arrest after spraying the deodorant in her bedroom. Her parents have since become aware of other young people who accidentally died after […]
Elon Musk Says Tesla Tweet Was Genuine In Fraud Case
Elon Musk has told a court that he believed he had enough backing to take Tesla private at the time he issued a controversial tweet. The boss of the electric car company is on trial after investors claimed the 2018 tweet cost them millions of dollars when a deal did not go ahead. Mr Musk […]
How To Strengthen The MSME Ecosystem – Olusegun Dada
MSME’s atr the life blood communities and important drivers of growth for large companies. But for most companies, the struggle is enormous as they face series of challenges in moving forward. Please watch, share and subscribe. Please comment. #MSME#Ecosystem#letstalk
