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Content Writer

Chinaza Obiora

Chinaza Obiora is an economic and financial analyst with a postgraduate diploma in commerce. She began her career creating content on financial advice and is now a content writer at Daily Talk, where she turns complex money and economic issues into clear, practical stories for everyday readers.

1,068 articles Website

Latest from this author

Business & Economy

Shell Posts Highest Quarterly Profit Since 2022, Raises Buyback To $5bn

[ad_1] Shell has reported its best quarterly benefit since 2022 and higher its proportion buyback programme after emerging power costs and file refining margins boosted profits above marketplace expectancies. The oil main posted a third-quarter internet benefit of $10.81 billion, exceeding analysts’ reasonable estimate of $10.33 billion and just about doubling the $5.43 billion recorded in the identical duration a yr previous. Shell additionally raised its quarterly proportion buyback programme to $5 billion from $3 billion. The new programme is its second-largest on file, at the back of the $6 billion buyback introduced in the moment quarter of 2022. The corporate’s refining margin surged to a file $42 in step with barrel, when put next with $11.60 a yr previous and $24 in the earlier quarter, as the US-Israeli warfare with Iran disrupted world power provides. Shell stocks rose 2.9 in step with cent in early buying…
Chinaza Obiora 3 min

Business & Economy

Tanzania Discovers 223 Billion Cubic Feet Of Natural Gas In Mnazi Bay

[ad_1] Tanzania has introduced its first herbal gasoline discovery in a decade, with an estimated 223 billion cubic toes discovered at the Kasa-1X ST2 smartly in the Mnazi Bay space. Power Minister Juma Homera described the discovery as a main milestone for the nation’s oil and gasoline sector, as Tanzania seeks to improve its power provide to meet rising call for. Manufacturing from the smartly is anticipated to start early subsequent month, with the further gasoline projected to spice up provides for families, industries and automobiles. The smartly is collectively owned by means of Tanzania’s state-run Petroleum Building Company and French power corporate Maurel & Promenade. Herbal gasoline lately accounts for just about 80 in step with cent of Tanzania’s electrical energy era, making it a main part of the nation’s power combine. Government say the new discovery is anticipated to toughen extra dependable and inexpensive power provides as call for continues to develop.…
Chinaza Obiora 1 min