Nigeria's 16th and current president, Asiwaju Bola Ahmed Tinubu, was on Friday, November 21, told to resign from his role. Legit.ng has the details.
Garri prices have dropped sharply nationwide as abundant cassava harvest boosts supply, easing consumer pressure while Nigeria’s inflation continues to fall.
Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its cost-savings targets as US tariffs hit. Its annual profit was hit also by restructuring costs and impairment charges.
Nations must resolve the global plastics crisis, the head of UN talks told negotiators from 180 countries gathered in Geneva on Tuesday to forge a landmark treaty on eliminating the life-threatening waste.
Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and announced a fresh review of costs. As did oil giant Saudi Aramco, which on Tuesday announced its 10th straight drop in quarterly profits as a slump in prices hit revenues.
British energy group BP on Tuesday posted a net profit for the second quarter, in contrast to weaker results from energy rivals, as lower exceptional charges offset falling oil prices. - Sector woes - By contrast, French rival TotalEnergies and US groups ExxonMobil and Chevron posted heavy falls to their net profit in the second quarter.
Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit revenues, putting more pressure on the key driver of the Saudi economy. "The decrease in revenue was mainly due to lower crude oil prices and lower refined and chemical products prices," Aramco said in its quarterly report.
Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices hit revenues, the oil giant said on Tuesday. The Gulf oil major was trading at 23.91 riyals on Tuesday, 12 percent below the 27.35 riyals price of its secondary share offering last year.
Is the party over? The capital remains an "exciting" city, 25-year-old Carys Bromley who recently moved to London from the island of Guernsey, told AFP. "There's a lot of parties, clubs, and a big nightlife.
Ali Alyanak and his neighbours in Turkey's tourist hub Izmir now have to draw water from a shrinking aquifer 170 metres underground even as hotel pools remain full -- a sign for many of the region's dire water crisis amid prolonged drought.
With its historic windmills and gabled wooden houses nestling by a meandering river, the picture-perfect and TikTok-famous area of Zaanse Schans is a must-see for any visitor to the Netherlands. Eventually, the "Zaanse Schans" site was famous enough to be officially "opened" by Queen Juliana in 1972.
Economy
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