
It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
It is blackout for Nigerian electricity consumers, as the government is carrying out a phased repair on the grid. The first phase has thrown 6 states into darkness.
Environmental groups took TotalEnergies to court Thursday in a landmark Paris trial, accusing the French oil and gas giant of misleading consumers with ads that overstate its climate commitments and fossil fuel transition.
British iconic bootmaker Dr Martens on Thursday announced another sharp drop in annual profits, as it looks to build on recent stability under its new chief executive. Recently-appointed chief executive Ije Nwokorie said in the earnings statement that Dr Martens had made annualised cost savings of £25 million.
Widely known online as 'tech queen', Nigeria's Chimemezu Sapphire Egemasi and others could face up to 20 years prison sentence and heavy penalties in this case.
Restaurant owners on the Greek tourist island of Paros staged a 24-hour shutdown Thursday to protest against zoning regulations blocking them from using part of the island harbour's beachfront.
The US trade deficit more than halved in April, government data showed Thursday, pulling back from a record as imports on a plunge in imports as President Donald Trump's global tariffs kicked in. In March, the overall US trade deficit widened to a new record of $138.3 billion as businesses sought to get ahead of Trump's promised duties.
Investment in clean energy technologies is set to strike a record this year despite global economic uncertainty, double the spending on fossil fuels that will dip for the first time since 2020, the International Energy Agency said Thursday. It expects investment in clean technologies, including nuclear and electricity distribution grids, to hit a record $2.2 trillion this year.
A former Director at Asset Management Corporation of Nigeria (AMCON) has testified in court, spilling the details into Arik's heavy indebtedness and the fraud case.
French oil and gas giant TotalEnergies goes on trial in Paris on Thursday over allegations of misleading climate claims, an unprecedented "greenwashing" case against a fossil fuel firm in France. A greenwashing case against Australian oil and gas producer Santos, challenging its claim to be a "clean fuels" company, has been ongoing since 2021.
The Economic and Financial Crimes Commission (EFCC) is making progress with the CBEX investigations and has named another two suspects connected to the scam.
Economy
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