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Day: October 24, 2022

Egypt Maintains Constant Domestic Fuel Prices in a Quarterly Review.
Local

Egypt Maintains Constant Domestic Fuel Prices in a Quarterly Review.

In a quarterly review, Egypt’s gasoline pricing committee kept domestic fuel prices the same, according to a statement from the…

byakintundeOctober 24, 2022October 24, 2022
After the Lokoja Flood, Here’s Why Petrol Is Still Limited in Abuja, Nigeria – IPMAN.
Local

After the Lokoja Flood, Here’s Why Petrol Is Still Limited in Abuja, Nigeria – IPMAN.

The president of the Independent Petroleum Marketers Association of Nigeria (IPMAN), claims that despite the flood that caused traffic gridlock…

byakintundeOctober 24, 2022October 24, 2022
UK Finance Minister Kwarteng Has Been Sacked.
Breaking

UK Finance Minister Kwarteng Has Been Sacked.

Kwasi Kwarteng, Britain’s finance minister, was fired after less than six weeks on the job, according to the The government’s significant…

byakintundeOctober 24, 2022October 24, 2022
Oil Climbs on China’s Fuel Recovery Hopes.
Market

Oil Climbs on China’s Fuel Recovery Hopes.

Following a 6.4% decline the previous week, Brent crude futures increased 81 cents, or 0. 88%, to $92.44 per barrel.…

byakintundeOctober 24, 2022October 24, 2022
Nigeria’s Imports of Rice Decrease From 98.4% to 15metric Tons In 7 Months.
Business

Nigeria’s Imports of Rice Decrease From 98.4% to 15metric Tons In 7 Months.

Between January and July 2022, Nigeria’s imports of rice from the Thai Rice Exporters Association (TREA), one of the top…

byakintundeOctober 24, 2022October 24, 2022
Rising Yields Worsen the Stock Market’s Negative Outlook.
Market

Rising Yields Worsen the Stock Market’s Negative Outlook.

The central bank’s decision to raise interest rates to 15. 50 percent in response to the acceleration of inflation; and…

byakintundeOctober 24, 2022October 24, 2022
Roughly Three-quarter of Twitter’s Staff Will be Laid Off.
MarketTechnology

Roughly Three-quarter of Twitter’s Staff Will be Laid Off.

The Washington Post stated that a $44 billion purchase of Twitter by billionaire Elon Musk may result in a wave…

byakintundeOctober 24, 2022October 24, 2022
Galp’s Quarterly Earnings Increased 16% in Portugal Due to Higher Oil Prices and Stronger Margins.
Local

Galp’s Quarterly Earnings Increased 16% in Portugal Due to Higher Oil Prices and Stronger Margins.

Due to rising oil prices and an almost doubling of its refining margin, Portuguese oil and gas company Galp Energia…

byakintundeOctober 24, 2022October 24, 2022
Nigeria Opposes the Court’s Release of Separatist Leader Kanu Ruling. 
Local

Nigeria Opposes the Court’s Release of Separatist Leader Kanu Ruling. 

Kanu leads the Indigenous People of Biafra (IPOB), which campaigns for the secession of a part of southeastern Nigeria; where…

byakintundeOctober 24, 2022October 24, 2022
US and UK Issue Warning About Potential Attack in Nigerian Capital.
Africa

US and UK Issue Warning About Potential Attack in Nigerian Capital.

The United States and Britain issued a warning over a potential terrorist assault in Abuja, the federal capital of Nigeria;…

byakintundeOctober 24, 2022October 24, 2022
Russian “Massive” Strike Causes Lights to Go Out in Ukraine.
World

Russian “Massive” Strike Causes Lights to Go Out in Ukraine.

As the war approaches its eighth month, Russia has increased its attacks on power plants, water delivery networks; and other…

byakintundeOctober 24, 2022February 8, 2023

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