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Day: September 19, 2022

CBN: RT200 Strategy Will Increase Exports Of Goods.
BankingLocal

CBN: RT200 Strategy Will Increase Exports Of Goods.

The CBN’s RT200 FX program intends to generate $200 billion in forex profits from non-oil proceeds over the course of…

byakintundeSeptember 19, 2022February 8, 2023
In 2022, Kenya Pension Bill Was Reduced By Sh18billion.
AfricaFinance

In 2022, Kenya Pension Bill Was Reduced By Sh18billion.

In the first two months of the current fiscal year, Kenya’s pension bill decreased by Sh17. 94 billion compared to…

byakintundeSeptember 19, 2022February 8, 2023
Nigeria’s Oil Output Plummets To 900,000b/d.
Commodities

Nigeria’s Oil Output Plummets To 900,000b/d.

According to statistics provided by direct sources, Nigeria’s crude oil production decreased from 1 million barrels per day in July…

byakintundeSeptember 19, 2022September 19, 2022
A Rate Hike Possibility Causes Cryptos To Squeak As Bitcoin Drops Below $19,000.
Crypto

A Rate Hike Possibility Causes Cryptos To Squeak As Bitcoin Drops Below $19,000.

By market value, Bitcoin, the most valuable cryptocurrency, dropped almost 5% to a three-month low of $18,387. The second-largest cryptocurrency,…

byakintundeSeptember 19, 2022September 19, 2022
Tesla Claims That Its China Sales Growth Is Progressing At A Standard Rate.
Technology

Tesla Claims That Its China Sales Growth Is Progressing At A Standard Rate.

After a Reuters story said that Tesla (TSLA. O) was considering closing several city center stores in its second-largest market;…

byakintundeSeptember 19, 2022September 19, 2022
MTN Launches 5G Network.
Local

MTN Launches 5G Network.

The fifth-generation, or 5G, technology is already accessible in Nigeria. The technology was commercially introduced in Nigeria by MTN Nigeria…

byakintundeSeptember 19, 2022September 19, 2022
U.S Forces Would Defend Taiwan In The Event Of A Chinese Invasion – Biden.
Breaking

U.S Forces Would Defend Taiwan In The Event Of A Chinese Invasion – Biden.

The use of force has not been ruled out by Chinese President Xi Jinping in his pledge to conquer Taiwan.…

byakintundeSeptember 19, 2022September 19, 2022
World Bank Contributes $30bln To Offset Food Shortages Worsened By War In Ukraine.
World

World Bank Contributes $30bln To Offset Food Shortages Worsened By War In Ukraine.

According to a senior bank official, the World Bank is prepared to contribute up to $30 billion; this is to…

byakintundeSeptember 19, 2022September 19, 2022

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