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Honda scale back on electric vehicles to concentrate on hybrids
Honda Motor on Tuesday said that it will scale back its investment on electric vehicles given slowing demand and would be focusing on capturing growing demand for hybrids with new…
Tariff Tension: US and China agreed to slash tariff for 90 days
Global tension eases a bit this week as the US president, Donald Trump and China president, Xi Jinping agreed to lower their reciprocal tariff by 115% for a 90 days…
US and China has agreed to slash tariffs for 90 days
The United States and China slashed tariffs or taxes that both sides have imposed on one another for a 90-day period after agreeing on a deal. US Treasury Secretary, Scott…
Meta launches a standalone AI app to compete with OpenAI and Google
Meta, Facebook parent company, on Tuesday launched a standalone app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet’s Google. The Meta standalone app comes…
Tensions Rise as Mark Carney Emerges as Canada’s Next Prime Minister
Tension between Canada and America continues to rise as the newly elected leader of Canada’s Liberal Party, Mark Carney, this week vowed to face U.S. President Donald Trump in an…
Dangote Refinery to Refund Customers Overcharged for Petrol
Dangote Petroleum Refinery has announced plans to refund customers who purchased Premium Motor Spirit (PMS) at higher-than-advertised prices from its key partners—Ardova Plc, Heyden, and MRS—across Nigeria. The decision follows…
Canada Imposes 25% Tariffs On US Goods
Canadian Prime Minister Justin Trudeau has announced that Canada will impose 25% tariffs on $155 billion worth of U.S. goods in direct response to new tariffs introduced by the Trump…
South Korea Blocks DeepSeek AI App Over Data Concerns
According to South Korean officials on Monday, DeepSeek AI, a Chinese artificial intelligence startup, temporarily blocks downloads of its chatbot apps in South Korea pending a review of its handling…
NNPCL Petrol Meets Highest Industry Standards
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has said Nigerian National Petroleum Company Limited, NNPCL’s premium motor spirit, PMS, also known as petrol, meets the highest industry…
Dangote Refinery Reduce Petrol Price to N890 From N950
Dangote Petroleum Refinery has announced its reduction in the price of Premium Motor Spirit (PMS), also known as petrol, to N890 per litre, from N950 per litre, effective from Saturday,…