India saved approximately $5 billion as a result of significantly increasing its purchases of Russian oil last year. image source: REUTERS According to the Indian state-controlled lender Bank of Baroda, India’s imports of Russian oil increased tenfold last year. According to the figures, India, Asia’s third-largest economy, saved about $5 billion by dramatically expanding its […]
Bumper BP profits of £4bn. image source: GETTY IMAGES BP, a multinational oil and gas corporation, reported significant profits at the beginning of this year as a result of the continued high price of energy. Despite falling from $6.2 billion to $5 billion from last year, the company’s earnings are still healthy. The dip is […]
Guinness Nigeria Guinness Nigeria Plc has reportedly been named one of Nigeria’s top five gender-balanced businesses by the International Finance Corporation (IFC). The top total beverage company in Nigeria, Guinness Nigeria Plc, has been setting an example with its inclusivity programs in the Fast-Moving Consumer Goods (FMCG) industry in Nigeria, according to the IFC’s […]
Development Bank of Nigeria (DBN). mage source: vanguardngr.com More than N 631 billion in loans from the Development Bank of Nigeria (DBN) have been given to MSMEs across the nation. The bank’s managing director, Dr. Tony Okpanachi, revealed during yesterday’s Annual General Meeting in Abuja that the bank’s loan disbursement record had increased by 31% […]
First Republic Bank. Image source: GETTY IMAGES. Customers of First Republic Bank withdrew more than $100 billion (£80 billion) from their accounts in the first three months of the year, owing to concerns about the health of the global financial system. Since the end of December, First Republic Bank has recorded a huge drop in […]
North Sea power line to connect wind farms to UK. Image source: GETTY IMAGES According to plans unveiled by the UK and Dutch governments, a massive energy cable project in the North Sea could supply green power to 1.8 million homes in the UK. The development of LionLink, a power line that will link offshore […]
The CBI rape charges. Image source: GETTY IMAGES The allegations of rape and sexual assault within the CBI shocked the shadow minister for Labour, who also noted that more businesses are cutting ties with the lobbying group. Due to the charges of sexual assault against the CBI, numerous businesses have announced their resignation from the […]
Kigali City (GATETE Pacifique/CC-BY-SA) The number of millionaires worldwide has increased significantly as the global economy has evolved. With their substantial financial resources, these individuals are able to invest in various businesses and properties, which contribute to the expansion and development of cities and economies worldwide. The presence of wealthy people in a […]
How the SpaceX launch actually went in 59 seconds. Image: REUTERS The inaugural flight of Starship, the colossal new rocket from Elon Musk’s SpaceX company, ended in a catastrophic explosion. Fortunately, there were no injuries reported during the unmanned trial that took off from the eastern coast of Texas on Thursday morning. However, approximately two […]
A kilogram (2.2lb) of the underground fungus can bring more than Syria’s monthly income. Image: AFP State media and activists report that the Islamic State group has killed a minimum of 26 individuals who were hunting for valuable truffles in the Syrian desert. According to reports from both state media and activists, the Islamic State […]