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Bbcv Sokoto Central Market Fire: FG   s delegation visits Sokoto
 The Federal High Court sitting in Ikoyi, Lagos has ordered the state   Vehicle Inspection Service to release all the taxis impounded for lack of accreditation and stanley tumblers  failure to have drivers ; badge.Justice Chuka Obiozor gave the order after hearing a suit brought before the court by the plaintiff, Arogundade Adekunle and stanley cup  two others.The defendants in the case include the vehicle inspection services and four others.This follows the arrest and impounding of cars belonging to some taxi drivers in Lagos state .Justice Obiozor threatened to imprison the chief vehicle officer in the state if the court orders are disobeyed.    ADVERTISEMENT                                  Further arguments in the suit will be heard on March the 27th.            stanley fr                                                                                                                                                                                                                                                                          Latest News                                                                                                                                            NDLEA Arrests Two Grandpas For Drug Trafficking In Abia, Ekiti                                                                                                                                                                                    CAF Announces AFCON 2027 Dates, Schedule, Venues                                        Akly What will Rishi Sunak rsquo  Budget mean for personal taxes
 Thursday 15 May 2025 10:37 am|Updated:Thursday 15 May 2025 10:38 amProfit slump revealed at Jim Ratcliffe-backed Petroineos ahead of major closureBy: Simon HuntCity EditorShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailSha owala re on EmailAdd as a preferredsource on GoogleJim Ratcliffe co-owns the company  Photo credit: Mike Egerton/PA P hydro flask cup rofitp at Petroineos slumped in the months leading up the closure of its Grangemouth refinery, heavily delayed accounts have revealed, as the energy trading company wrestled with economic uncertainty, supply chain shocks and a shift away from fossil fuels.The Jersey-based business, which is backed by billionaire Manchester United owner Sir Jim Ratcliffe, posted a pre-tax profit of $82m  pound;62m  for 2023, a drop of 39 per cent on the previous year, while overall revenues declined 14 per cent to $38.8bn.Global oil consumption was hampered by a fragile recovery in China, where oil demand was impacted by increased electric vehicle adoption and a property sector slump, Petroineos said.The geopolitical landscape heavily influenced market dynamics, notably with Russiarsquo  declining crude export prices affecting global supply chains.The longer-term energy pressures of the energy transition returned to the foreground, particularly through rising electric vehicle sales and stronger policy yeti ca  pushes for low-emission alternatives. Following the reporting period, Petroi