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Restoring BDC confidence helped turn around TOR – MD

The Managing Director of the Tema Oil Refinery (TOR), Edmund Kombat, has linked the refinery’s turnaround to efforts to restore the confidence of Bulk Distribution Companies (BDCs), who had stopped storing petroleum products at the facility over concerns about receiving their full quantities.

Monzo’s EU Chief Leaves Neobank to Launch Robotics Startup

Monzo’s European CEO is reportedly leaving to launch a robotics-focused startup for people with disabilities. Michael Carney is stepping down from the U.K. neobank, where he has served as European Union CEO since 2024, according to a Tuesday (Sept. 22) Bloomberg News report citing an emailed statement from the executive.

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