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Pound slides to two-year low against the dollar

The pound has fallen to a two-year low against the dollar reflecting traders increasing concerns about recession around the world as energy prices continue to soar. But sterling is also weak as markets worry about future UK economic growth, analysts said. Sterling could fall even further after predictions of economic stagnation and as inflation rises, […]

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Seplat, NLNG proffer solutions to Nigeria’s gas crisis

Stakeholders in the gas sector on Tuesday called for a holistic approach in fixing Nigeria’s gas crisis, especially with the lingering supply shortage and price increment. The stakeholders identified insecurity, naira depreciation and lack of a workable pricing template as some of the factors affecting the development of Nigeria’s gas sector. They spoke during a […]

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Twitter challenges India order to take down tweets

Twitter has mounted a legal challenge in India against government orders to take down content. The social media giant has filed a petition with the high court in Karnataka state resisting “several” such orders, sources told the BBC. Twitter was reacting to a letter from the government in June warning of “serious consequences” of non-compliance […]

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NMDPRA licenses 88 LPG plants, skids in Kaduna State

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it has licensed about 88 Liquefied Petroleum Gas (LPG) plants and skids in Kaduna State. Abdullahi Ibrahim, the team lead, LPG Plants NMDPRA, Kaduna office, said this on Tuesday during an interview with the News Agency of Nigeria (NAN). Ibrahim said that there were 44 […]

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Griner asks for Biden’s help in Russia release

U.S. basketball star Brittney Griner sent a letter to President Joe Biden asking him to “do all you can” to bring home her and other Americans detained in Russia. Griner’s representatives shared parts of the letter Monday. “As I sit here in a Russian prison, alone with my thoughts and without the protection of my […]