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Elizabeth Williams

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New UK Finance Minister Says Mistakes Made, Tax Rise Looms

Britain’s new Finance Minister has acknowledged mistakes made by his predecessor and suggested that he may reverse much of Conservative Prime Minister Liz Truss’...

Elizabeth Williams -

Business

Coal Mining: Setbacks To Cut Carbon Emissions Loom In China

China plans to boost coal production through 2025 to avoid a repeat of last year’s power shortages, an official said Monday, adding to setbacks...

Elizabeth Williams -

Business

Egypt Only Country in Region With Natural Gas Infrastructure – Petroleum Minister

Minister of Petroleum and Mineral Resources Tareq el Mulla says, Egypt is the only country in the region that has an infrastructure to export...

Elizabeth Williams -

Business

Hurricane Ian: Florida Shrimpers Struggle To Get Battered Fleet Back To Sea

The seafood industry in southwest Florida is racing against time and the elements to save what’s left of a major shrimping fleet — and...

Elizabeth Williams -

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NNPC Workers Threaten Shutdown Over Management Team

In a developing situation that could significantly impact Nigeria’s energy sector, workers of the Nigerian National Petroleum Company Limited (NNPC) have issued a strong warning of a nationwide shutdown over alleged irregularities and dissatisfaction within the management structure. This growing tension follows internal reports suggesting unrest among staff...

FEC Orders Full Implementation of Naira-for-Crude Policy

The Federal Executive Council (FEC) has officially approved the full implementation of the previously suspended Naira-for-Crude agreement involving local petroleum refiners. This directive was announced by the Ministry of Finance via its official X handle in a post titled “Update on the Crude and Refined Product Sales in...

U.S. Criticizes Nigeria’s Import Ban on Agricultural and Pharmaceutical Products

The Office of the United States Trade Representative (USTR) has raised concerns over Nigeria’s continued ban on the importation of 25 categories of goods, stating that the restrictions hinder access to the Nigerian market for American exporters. The criticism was issued on Monday and follows closely on the...