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Day: October 12, 2022

“Japa”: The UK is Considering Stricter Regulations as Nigerians Bring The Most Relatives.
World

“Japa”: The UK is Considering Stricter Regulations as Nigerians Bring The Most Relatives.

According to the UK, there may be a cap on the number of relatives immigrants are to bring to the…

byakintundeOctober 12, 2022October 12, 2022
In September 2022, PoS Transactions Reached a Record-breaking Monthly High of N735.6billion.
Local

In September 2022, PoS Transactions Reached a Record-breaking Monthly High of N735.6billion.

Nigerian Point of Sales (PoS) terminal transaction volume increased to N735.6 billion in September 2022. As more Nigerians use cashless…

byakintundeOctober 12, 2022October 12, 2022
First Public Flight of Chinese “Flying Car” Takes Place in Dubai.
MarketTechnology

First Public Flight of Chinese “Flying Car” Takes Place in Dubai.

In an effort to introduce its electric aircraft to global markets, Chinese electronic vehicle manufacturer Xpeng Inc.’ “flying car” performed…

byakintundeOctober 12, 2022October 12, 2022
United States Returns 23 Looted Items Back To Benin, Nigeria with Plans To Open an International Exhibition.
Market

United States Returns 23 Looted Items Back To Benin, Nigeria with Plans To Open an International Exhibition.

Through the National Gallery of Art, the Rhode Island School of Design, and the Smithsonian National Museum of African Art,…

byakintundeOctober 12, 2022October 12, 2022
In September, Nigeria’s Daily Crude Oil Production Decreased to 937,766bpd.
CommoditiesMarket

In September, Nigeria’s Daily Crude Oil Production Decreased to 937,766bpd.

Due to theft, Nigeria’s crude oil production output for the year remained dismal in September, with an average of 937,766…

byakintundeOctober 12, 2022October 12, 2022
The Oil and Gas Industry Receives The Most Bank Credit Allocation in 2021.
Market

The Oil and Gas Industry Receives The Most Bank Credit Allocation in 2021.

According to data from the National Bureau of Statistics’ (NBS) October 2022 report, the oil and gas industry was one…

byakintundeOctober 12, 2022October 12, 2022
Nigeria Attracts $10.1billion Diaspora Remittance in Half of 2022.
Local

Nigeria Attracts $10.1billion Diaspora Remittance in Half of 2022.

Between January and June 2022, Nigerians received $10.11 billion in diaspora remittances, a 9.6% increase over the $9. 23 billion…

byakintundeOctober 12, 2022October 12, 2022
Foreign Medical Spending by Nigerians Falls by 65% In Q1 of 2022.
Finance

Foreign Medical Spending by Nigerians Falls by 65% In Q1 of 2022.

Nigerians spent $185 million on foreign (medical) health services in the first half of 2022; a 65% decrease from the…

byakintundeOctober 12, 2022February 8, 2023

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