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Day: September 26, 2022

Uganda’s Exports Primarily Go To Kenya and South Sudan.
Africa

Uganda’s Exports Primarily Go To Kenya and South Sudan.

Data from the Ministry of Finance show that Uganda exported more commodities to Kenya and South Sudan in August than…

byakintundeSeptember 26, 2022February 8, 2023
Ghana Saved $300million On Energy Programme.
AfricaEnergy

Ghana Saved $300million On Energy Programme.

In 2021, the government avoided giving utilities in the energy industry $300 million in credit. The credit arose from agreements…

byakintundeSeptember 26, 2022September 26, 2022
Oil Drops To $86 Per Barrel.
Commodities

Oil Drops To $86 Per Barrel.

When compared to the number of operational rigs in July 2022, statistics from the September 2022 Oil Market Report of…

byakintundeSeptember 26, 2022September 26, 2022
Air Canada Purchases Aircraft From Heart Aerospace In An Effort To Combat Climate Change.
environmentTechnology

Air Canada Purchases Aircraft From Heart Aerospace In An Effort To Combat Climate Change.

As more airlines adopt cutting-edge technologies to save pollution and fuel costs, Air Canada (AC. TO) announced it would purchase…

byakintundeSeptember 26, 2022September 26, 2022
Interest Rates Will Rise, According To MPC Analysts
Local

Interest Rates Will Rise, According To MPC Analysts

Since September 2020, the Monetary Policy Rate (MPR) has remained at 11.5 percent. In order to increase access to funds…

byakintundeSeptember 26, 2022September 26, 2022
PenCom Approves Using The RSA Balance For A Mortgage.
Local

PenCom Approves Using The RSA Balance For A Mortgage.

The Nigerian Pension Commission (PenCom) has declared that pension contributors who are currently employed are now officially permitted to use…

byakintundeSeptember 26, 2022September 26, 2022
According To AfDB, Nigeria Needs Assistance To Reduce Its Debt Burden.
AfricaFinanceLocal

According To AfDB, Nigeria Needs Assistance To Reduce Its Debt Burden.

Economic and financial experts have expressed grave concerns about Nigeria’s soaring debt load; which has posed a severe threat to…

byakintundeSeptember 26, 2022February 8, 2023
Buhari Claims That The Nigerian Economy Is Ready For Further Investment.
Local

Buhari Claims That The Nigerian Economy Is Ready For Further Investment.

Buhari praised the Nigerian military for making great strides in the battle against insecurity; and for generating momentum in reducing…

byakintundeSeptember 26, 2022February 8, 2023
World Bank Warns That Rate Increases Could Lead To A Recession.
World

World Bank Warns That Rate Increases Could Lead To A Recession.

Nigeria and other developing nations have been cautioned by the World Bank Group that raising interest rates simultaneously in response…

byakintundeSeptember 26, 2022September 26, 2022

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