The Organisation of the Petroleum Exporting Countries says the Dangote Petroleum Refinery and its efforts to ramp up Premium Motor Spirit (petrol) production are impacting the PMS market in Europe. The 650,000-capacity Dangote refinery, which began operations in January last year, started producing PMS in September, years after the country had relied solely on importation…
South Korea’s impeached president, Yoon Suk Yeol, was sent to a detention center near Seoul on Wednesday night, after being questioned by anti-corruption officials who took him into custody over his imposition of martial law last month. Yoon was detained in a major law enforcement operation at the presidential compound earlier in the day. Yoon…
Israel and Hamas have agreed to a ceasefire deal to pause the devastating war in the Gaza Strip, multiple officials announced Wednesday, raising the possibility of winding down the deadliest and most destructive fighting between the bitter enemies. The deal promises the release of dozens of hostages held by Hamas in phases and hundreds of…
President Joe Biden and President-elect Donald Trump are both claiming credit for Israel and Hamas agreeing to a ceasefire deal in Gaza after the White House brought Trump’s Middle East envoy into negotiations that have dragged on for months. Trump wasted no time in asserting he was the moving force behind the deal, whose final…
The Consumer Price Index (CPI), which measures the rate of change in prices of goods and commodities, increased to 34.80 percent in December 2024 compared to 34.60 percent in the preceding month, the National Bureau of Statistics (NBS) said Wednesday. The NBS attributed 0.20 per cent rise in the headline index to the December festive…
Two trams collided in Strasbourg in eastern France on Saturday, causing dozens of injuries, though none critical, authorities said. The accident took place in a tunnel leading to the station near the city’s central train station. An additional 100 people, though uninjured, were assessed for shock or stress, said René Cellier, director of the Bas-Rhin…
Six people died when a propane-butane cylinder exploded at a restaurant in the northwest Czech city of Most, setting the building on fire, emergency services said on Sunday. Eight people were injured in the fiery blast that occurred late on Saturday evening, and 30 people were evacuated from the restaurant and surrounding buildings, the Czech…
Mark Zuckerberg has slammed tech giant Apple for lackluster innovation efforts and “random rules” in a lengthy podcast interview on Friday. Zuckerberg said in an episode of the Joe Rogan Experience, “On the one hand, the iPhone has been great, because now pretty much everyone in the world has a phone, and that’s kind of…
Donald Trump has been sentenced to an “unconditional discharge” in a case of hush money paid to Stormy Daniels, an adult film star. An unconditional discharge means the US president-elect does not face any fines, probation, or jail time. Juan Merchan, the presiding judge, handed the anti-climactic sentence on Friday, ending a case that has…
John Mahama has been sworn in for a second term as Ghana’s president. Mahama won 56 percent of the vote in the nation’s presidential election on December 9, defeating ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent. During his campaign, President Mahama pledged to introduce deliberate policy interventions to encourage and…
