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Day: April 22, 2022

High Food Prices Will Continue In Nigeria, Others Till 2023–IMF
Local

High Food Prices Will Continue In Nigeria, Others Till 2023–IMF

The International Monetary Fund says the impact of the war in Ukraine is likely to sustain pressure on commodity prices.…

byakintundeApril 22, 2022April 22, 2022
Oil Price Rises in Nigeria As OPEC Projects Steady Demand Growth
Local

Oil Price Rises in Nigeria As OPEC Projects Steady Demand Growth

The global benchmark for crude oil, rose marginally in price on Thursday. The Organisation of Petroleum Exporting Countries projected that…

byakintundeApril 22, 2022April 22, 2022
Emefiele Defends Nigeria’s Exchange Rate Policy, Says Country Facing Peculiar Challenges
Local

Emefiele Defends Nigeria’s Exchange Rate Policy, Says Country Facing Peculiar Challenges

Central Bank of Nigeria Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s managed-float exchange rate system. According to him,…

byakintundeApril 22, 2022April 22, 2022
Cooking Gas Price In Nigeria Jumps By 83% In One Year – NBS Reports
Local

Cooking Gas Price In Nigeria Jumps By 83% In One Year – NBS Reports

The average retail price for cooking gas increased by 83.62% in March 2021, according to a new report by the…

byakintundeApril 22, 2022April 22, 2022
Kenya Delays Talks On 15% Cut In Power Bills
Local

Kenya Delays Talks On 15% Cut In Power Bills

Independent power producers revealed on Thursday they were yet to receive invitations for talks on cutting wholesale power prices and…

byakintundeApril 22, 2022April 22, 2022
Safaricom Loses Bid To Bar Canada Telco From Its Network
Local

Safaricom Loses Bid To Bar Canada Telco From Its Network

Safaricom had sought to cancel the contract on allegations that Iristel Kenya will engage in SIM boxing which is a…

byakintundeApril 22, 2022April 22, 2022
KCB, USAid Sign Sh100m Funding For Livestock Farmers – Kenya
Local

KCB, USAid Sign Sh100m Funding For Livestock Farmers – Kenya

Much of northern Kenya is forecast to be sunny and receive below-average rainfall, Kenya Meteorological Department says. Climate change is…

byakintundeApril 22, 2022April 22, 2022
Vodacom Pledges High-Speed Internet After $10m Deal – Tanzania
Local

Vodacom Pledges High-Speed Internet After $10m Deal – Tanzania

Vodacom Tanzania has promised a high-speed internet across the country after signing broadband investment worth $10.8 million (about Sh25 billion).…

byakintundeApril 22, 2022April 22, 2022
Ghana Producer Price Inflation Rises To 29.3% In March
Local

Ghana Producer Price Inflation Rises To 29.3% In March

The Producer Price Inflation (PPI) increased to 29.3% in March 2022, from the 21.4% recorded in February.This represents an increase…

byakintundeApril 22, 2022April 22, 2022
Central Bank Of Nigeria Gives Conditions For Exchange Rate Review
Local

Central Bank Of Nigeria Gives Conditions For Exchange Rate Review

CBN Governor, Godwin Emefiele has said the apex bank will consider the advice of the International Monetary Fund to review…

byakintundeApril 22, 2022April 22, 2022
Dangote Refinery Will Reduce Import Bill By 40% –Central Bank Of Nigeria
Local

Dangote Refinery Will Reduce Import Bill By 40% –Central Bank Of Nigeria

CBN Governor, Godwin Emefiele, says Dangote Refinery will reduce Nigeria’s import bill on petroleum products and other commodities by 40%.…

byakintundeApril 22, 2022April 22, 2022
World Bank Urges Nigeria To Reconsider N4trn Petrol Subsidy
Local

World Bank Urges Nigeria To Reconsider N4trn Petrol Subsidy

World Bank has advised Nigeria to rethink its policy of making a provision of N4 trillion for petrol subsidy payments…

byakintundeApril 22, 2022April 22, 2022
Domestic, Int’l Passengers Rise By 44%, Hit 15.23million -Nigeria
Local

Domestic, Int’l Passengers Rise By 44%, Hit 15.23million -Nigeria

Nigerian Airports witnessed increased patronage between January and December 2021. As the number of air travelers rose to 15.23m from…

byakintundeApril 22, 2022April 22, 2022

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