Author: Lucas

Nigeria’s oil sector expanded 5.84 percent in the third quarter of 2025, driven by higher crude production that pushed output to an 11-month high as Africa’s largest oil producer works to reverse years of decline and infrastructure neglect. The oil sector growth, while below the 20.46 percent surge recorded in the second quarter, helped lift Nigeria’s overall gross domestic product by 3.98 percent year-on-year in the three months through September, according to data released Monday by the National Bureau of Statistics. The economy grew 3.86 percent in the same period last year. Aggregate crude oil production averaged 1.64 million barrels…

Deep-pocketed investors have adopted a bullish approach towards Rigetti Computing (NASDAQ:RGTI), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in RGTI usually suggests something big is about to happen.We gleaned this information from our observations today when Benzinga’s options scanner highlighted 10 extraordinary options activities for Rigetti Computing. This level of activity is out of the ordinary.The general mood among these heavyweight investors is divided, with 50% leaning bullish and 50% bearish. Among these notable options,…

Gold vs Silver: Gold and silver prices surged sharply in November, with gold rising over 5.5% to finish near record highs, while silver delivered a standout 21.71% monthly gain. The rally has made 2025 an exceptional year for metal investors, with gold up 65% year-to-date and silver soaring more than 100%, more than doubling in value.The powerful rally in both metals has been fuelled by a softer U.S. dollar, rising expectations of a U.S. Federal Reserve rate cut, and a rupee that recently touched an all-time low against the dollar. A global supply squeeze in silver has further accelerated the…

December 1, 2025 | By Mary Bailey Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded the engineering, procurement, and construction (EPC) contract for a Cyclo-olefin Polymer (COP) production plant planned by Zeon Corp. (Tokyo) in Shunan City, Yamaguchi Prefecture. The plant is scheduled for completion in the first half of fiscal 2028. COP is a high-performance chemical characterized by excellent optical properties, low moisture absorption, and extremely low impurity levels. Demand is expected to grow in optical, medical, and semiconductor applications. Source: MHI Leveraging its extensive experience in chemical plant design and construction, MHI will deliver process design,…

Edo State has received a significant boost to its economy with the announcement of a landmark $100 million Foreign Direct Investment into Presco Plc by Belgian agro-industrial leader SIAT NV. This investment marks the crucial first tranche of an ambitious $1 billion FDI commitment designed to accelerate agro-industrial development across Nigeria over the next decade. The $100 million fund will be strategically utilised to support Presco’s expansion initiatives, including scaling industrial capacity, expanding plantation development, and driving value-addition across its operations. Furthermore, the investment will enhance technology adoption, bolster talent development, and strengthen Nigeria’s position in the regional edible oils…

President Trump wants a piece of the action in Britain’s nuclear power industry, and he may be losing interest in SMRs.After popping on Friday, shares of small modular (nuclear) reactor (SMR) company Oklo (OKLO 2.13%) are giving back some gains Monday afternoon. President Trump might be the reason for that. Image source: Getty Images. U.S. vs. U.K. Reports that shipping companies might use small nuclear reactors to power containerships helped lift Oklo stock late last week. Today’s drop seems to have more to do with big nuclear reactors, however. According to London’s The Guardian, British Prime Minister Keir Starmer wants…

You can also save on your heating bills with a simple change to your windowsYou can save on your energy bills with some simple changes(Image: Getty)Adding an easy-to-install gadget on your windows could slash your heating bills significantly. Home appliance specialists at online DIY retailer CutMy have shared several tips for boosting your home’s energy efficiency. Company founder James Bryant discussed two products worth purchasing to reduce your expenses when cranking up the heating.One simple savings tip from the group is to add a shelf above your radiator. Mr Bryant explained how this works, saying: “Radiator shelves are a simple…

Robots are developed and assembled at an EX Robots research and production workshop in Dalian, Northeast China’s Liaoning Province, on June 23, 2025.China’s local governments are reinforcing forward-looking strategies and accelerating the development of future industries in their newly released recommendations for the 15th Five-Year Plan (2026-30) period. Future industries are vital for China to boost its competitiveness, secure core technology and shift from follower to leader as global supply chains are reshaped, said an expert. Northeast China’s Liaoning Province has published the recommendation of the Liaoning Provincial Committee of the Communist Party of China (CPC) for Formulating the 15th Five-Year…

The government’s decision to introduce the Insurance Laws (Amendment) Bill, 2025 in the sixth session of 18th Lok Sabha sets the stage for a forward-looking, cohesive reform package that could define the next decade of India’s underpenetrated insurance sector. Industry stakeholders expect the Bill to receive final approval, unlocking the sector’s full potential for growth, capital inflows and innovation.On February 1, 2025, Finance Minister Nirmala Sitharaman announced a major increase in foreign direct investment (FDI) in insurance—from 74 per cent to 100 per cent—clearing the path for global insurance giants and substantial foreign capital to enter the Indian market. This…

UK manufacturing output rose for the second successive month in November, as the recent downturn in new business intakes halted. Survey data indicated that manufacturers benefited from improved domestic demand and a softer contraction in new export work. The seasonally adjusted S&P Global UK Manufacturing Purchasing Managers’ Index (PMI) rose to a 14-month high of 50.2 in November, up from 49.7 in October. This was the first reading above the PMI’s neutral 50.0 mark since September 2024. The latest survey was conducted from 12-25 November, closing before the Chancellor’s Budget announcement on November 26. Two of the PMI components (output…