Nigeria’s oil firm NNPC acquires 380 gas stations from OVH Energy.
The marketing division of unlisted OVH Energy was purchased by Nigeria’s state-owned oil major NNPC Ltd, giving it access to 380 gas stations in Africa’s
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
On Friday, the African Development Bank (AfDB) announced that it had authorized a €100 million ($114 million) loan to support the construction of Africa's first
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
The global financial market collapses, plunging dealmaking to its lowest point in 25 years.
Global M&A decreased for the third straight quarter as lenders withdrew from large acquisitions due to rising interest rates, and the strong currency failed to
Russian gas: Italy’s Eni collaborating with Gazprom to restore flow.
Eni of Italy stated that it would not receive any of the gas it had ordered from Gazprom of Russia for delivery on Saturday, but
A royal family tradition of 1,100 years: King Charles III is featured on 2 brand-new coins.
The first coins bearing King Charles III’s image have been unveiled by the Royal Mint of Great Britain. Charles’ picture will start to appear in
EU to raise $140b from excess profit tax on oil majors to cushion effects of high prices on citizens.
The 27 energy ministers of the European Union are prepared to agree on a set of policies on Friday that will lessen the effects of
4 Ukrainian regions will officially become part of Russia on Friday. – Kremlin
On Thursday, Russia said that it would formally annex some regions of Ukraine. These regions had just staged “referendums” on Moscow’s control that the Ukrainian
Energy crisis: EU mobile network may collapse this winter.
If blackouts or power shortages caused portions of mobile phone networks around the region to be interrupted, cell phone usage would be disrupted in Europe
EU energy networks: Firms beef up security, sabotage to be met with force.
The European Union is threatening reprisal for any attack on Europe’s energy networks, a senior official warned on Wednesday as energy companies increased security. The
UK economy in turmoil; BoE injected 65 billion pounds to stabilize the bond markets.
Banks warned Kwasi Kwarteng that the upcoming Budget was “far too far away” and encouraged him to lay out his strategies for accelerating economic growth
Global hunger: ADB will invest $14b to strengthen the food value chain in Asia-Pacific.
The Asian Development Bank announced on Tuesday that it will invest at least $14 billion through 2025 to assist alleviate the region’s escalating food crisis.
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