The Petroleum Technology Association of Nigeria (PETAN) has charged its members, which are indigenous oil and gas service companies, to step up efforts in attracting both local and foreign investments into Nigeria’s energy sector. PETAN stressed that indigenous firms...
The Australian sharemarket closed lower for the seventh consecutive session, with the S&P/ASX 200 falling 23.7 points to 8687. Inflation figures for March showed a 4.6% annual increase, close to a three-year high, largely driven by a 32.8% spike...
The Kenya Civil Aviation Authority (KCAA) has officially opened applications for the position of Director General as the current DG's term comes to an end. This top leadership role requires candidates to have at least fifteen years of relevant...
G8 Education, one of Australia’s largest childcare providers, has announced it will close around 40 centres nationwide, representing approximately 10% of its operations. The closures follow a steep decline in enrolments, which fell to just 56%, partly triggered by...
PricewaterhouseCoopers (PwC) has called on South African investors, banks, and policymakers to consider direct investments in Nigeria's upstream oil sector to secure crude supplies for their domestic refineries. Speaking at the Fourth South Africa Week in Lagos, Pedro Omontuemhen,...
Planning a wedding is exciting, but for many couples, the topic of money can be tricky to discuss. A 2024 study found that more than one in four couples see money as their biggest relationship challenge, not due to...
Tamarind Group has officially closed its Tamarind Brasserie restaurant at Dari Business Park along Lang'ata Road in Nairobi. The closure is a result of an ongoing legal and access dispute between Dari Limited, a company linked to former Cabinet...
The Federal Government of Nigeria don direct fuel marketers make dem dey sell Jet A1 fuel to airlines on credit for 30 days. Dis move na to reduce wahala wey airlines dey face as jet fuel prices don shoot...
In Pakistan, government-mandated early market closures between 8:00pm and 9:00pm have significantly impacted formal retail sales, with Chain Store Association of Pakistan (CAP) estimating a 25-30% decline across 35,000 outlets. This translates to a weekly Rs100 billion loss in...
Kompas VC, a European venture capital firm, is addressing the complexities of investing in a world increasingly divided by cultural, political, and economic differences. The firm has launched a new €160 million ($187.5 million) fund to support startups focused...
Australian shares are predicted to open lower, mirroring losses on Wall Street as renewed concerns about AI investments ripple through markets. Tech stocks led the retreat in the US, with the S&P 500 closing 0.5% down and the NYSE...
Don Vanhevel, a businessman from Arva, Ontario, fears he may have lost nearly $450,000 invested in Vancouver-based Qu Biologics Inc. His investments began in 2013 after attending a meeting hosted by Robert Freeman, a Thorndale businessman who now faces...
On April 28, 2026, shares of companies linked to OpenAI as partners and investors dropped sharply after a Wall Street Journal report revealed that the ChatGPT creator failed to meet its internal growth targets for users and sales. The...
The United Arab Emirates announced it is leaving Opec and Opec+ effective May 1, 2026, in a significant move that shakes the oil producers’ alliance. UAE Energy Minister Suhail Mohamed al-Mazrouei stated the decision follows careful evaluation of the...
Chris Gray, the founder of Scholly, a scholarship search startup that appeared on Shark Tank, is suing his acquirer, Sallie Mae, alleging wrongful termination and misuse of user data. Gray sold Scholly to the student loan company in 2023...
With the rise of auto-enrolment and frequent job changes, many individuals in the UK have accumulated multiple pension pots, some of which have become forgotten or 'orphaned'. It is essential to locate these old pensions and keep personal information...
At The Australian Financial Review Workforce Summit, business leaders shared their perspectives on preparing young people for the AI-driven workforce. The discussion highlighted the importance of blending technical knowledge with soft skills such as communication, adaptability, and critical thinking....
BP, the British energy giant, announced first-quarter results showing profits more than doubling year-over-year, primarily driven by exceptional gains in its oil trading division. The surge stems from heightened market volatility triggered by the ongoing Iran war, particularly tensions...
BP, one of the world's largest oil companies, has reported a substantial rise in its profits in its latest financial results, marking the first report since the escalation of conflict in Iran. The company's performance highlights the continued volatility...
RBC Capital Markets is expanding its research team in the non-bank financials and insurers sectors, with the hire of Andrei Stadnik, a respected analyst previously with Morgan Stanley. Stadnik will take the lead in the diversified financials space, joining...
The article argues that while persistence is often celebrated in business culture, it can sometimes lead companies to waste significant time and resources on failing ideas. Instead, the concept of “failing fast” emphasizes recognizing early signs that a project...
Finder Energy Holdings, an Australian oil and gas exploration company listed on the ASX with a market capitalisation of $295 million, has announced plans to raise additional capital. The company has appointed Barrenjoey Capital Partners, Canaccord Genuity and Petra...
