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Month: October 2022

392K Hectares Of Farmland Destroyed, Bringing The Number Of Affected Nigerians To 3.2 Million.
Local

392K Hectares Of Farmland Destroyed, Bringing The Number Of Affected Nigerians To 3.2 Million.

According to the Nigerian government, 3.2 million Nigerians are currently affected by flooding. It was noted that the government has…

byakintundeOctober 26, 2022October 26, 2022
PSBs Must Sell Foreign Currency Gains From International Wire Transfers – CBN.
Business

PSBs Must Sell Foreign Currency Gains From International Wire Transfers – CBN.

Payment Service Banks (PSBs) all throughout Nigeria have been given permission even by Central Bank of Nigeria (CBN) to sell…

byakintundeOctober 26, 2022October 26, 2022
The United States Enables Non-emergency Personnel to Leave Nigeria.
Africa

The United States Enables Non-emergency Personnel to Leave Nigeria.

Due to an increased risk of terrorist attacks in Nigeria, the U.S. State Department approved the departure of non-emergency U.S.…

byakintundeOctober 26, 2022October 26, 2022
FG Expects the Remaining 5G Spectrum Auction to Generate $547million.
Business

FG Expects the Remaining 5G Spectrum Auction to Generate $547million.

The commission set the reserve price for the new 5G spectrums at $273.60 million in the Information Memorandum (IM) on…

byakintundeOctober 26, 2022October 26, 2022
A Camp for Nigerians Evacuated by Floods is Filled with Suffering.
Local

A Camp for Nigerians Evacuated by Floods is Filled with Suffering.

“The floods in Nigeria have killed more than 600 people, displaced some 1. 4 million people, and damaged or destroyed…

byakintundeOctober 26, 2022October 26, 2022
Buhari Instructs FIRS to Impose a Tax on Digital Transactions.
Local

Buhari Instructs FIRS to Impose a Tax on Digital Transactions.

The use of technology to tax all national digital transactions has been mandated by President Muhammadu Buhari. The president reportedly…

byakintundeOctober 26, 2022October 25, 2022
Egyptian Climate Activists Fear their Voices will be Silenced at the COP27 Meeting.
environment

Egyptian Climate Activists Fear their Voices will be Silenced at the COP27 Meeting.

The first annual U.N. Climate conference to be held following the relaxation of COVID-19 restrictions is taking place from November…

byakintundeOctober 25, 2022October 25, 2022
A Decline in Network Traffic Might Push Ether’s Price Below $1,000.
Crypto

A Decline in Network Traffic Might Push Ether’s Price Below $1,000.

Over the past four months, Ethereum’s daily active address (DAA) count has significantly decreased. Notably, the price of Ether has…

byakintundeOctober 25, 2022October 25, 2022
NPC Census 2023 Task Force Hosted by Beta Computers in Lagos.
Local

NPC Census 2023 Task Force Hosted by Beta Computers in Lagos.

A high-powered delegation from the National Population Commission, NPC, visited the BETA Computers facility in Surulere, Lagos; in accordance with…

byakintundeOctober 25, 2022October 25, 2022
Ukraine Charges Russia of Impeding the Full Execution of the Grain Agreement.
Commodities

Ukraine Charges Russia of Impeding the Full Execution of the Grain Agreement.

Ukraine said that seven ships left its ports with grain intended for Asia and Europe; but claimed that Russia was…

byakintundeOctober 25, 2022October 25, 2022
NMA Reports 10,296 Nigerian Doctors Practicing in the UK.
BreakingHealth

NMA Reports 10,296 Nigerian Doctors Practicing in the UK.

According to the Nigerian Medical Association, Nigeria is currently experiencing the worst brain drain in its history; with no less…

byakintundeOctober 25, 2022October 25, 2022
China Loans to Kenya Fall for First Time in 20 years
World

China Loans to Kenya Fall for First Time in 20 years

Chinese loans to Kenya have dropped for the first time in 15 years as Beijing adopts more cautious lending in…

byakintundeOctober 25, 2022February 8, 2023
137 Nigerians Stranded in Libya are Received by NEMA.
Local

137 Nigerians Stranded in Libya are Received by NEMA.

Since January, about 3,000 Nigerians have been evacuated from Libya, according to the News Agency of Nigeria (NAN). Another group…

byakintundeOctober 25, 2022October 25, 2022
The Effect of Nigeria’s Manufacturing Sector on Economic Growth.
Market

The Effect of Nigeria’s Manufacturing Sector on Economic Growth.

Production is a phrase that many academics use to refer to manufacturing. According to Sloman (2016), there are three economic…

byakintundeOctober 25, 2022October 25, 2022
According to Gas Boss, Ukraine is Headed for the “Worst Winter Ever.”
EnergyMarket

According to Gas Boss, Ukraine is Headed for the “Worst Winter Ever.”

Winter in Ukraine will be the coldest it has ever been, and it will be distinguished by persistent outages,; According…

byakintundeOctober 25, 2022October 25, 2022
Russia Alerts the US and UK to Ukraine’s Plans to Detonate a Bomb.
Market

Russia Alerts the US and UK to Ukraine’s Plans to Detonate a Bomb.

According to the Russian Defence Ministry, Moscow has spoken with London and Washington; the discussion was about the concern that…

byakintundeOctober 25, 2022October 25, 2022
The New Prime Minister of the UK is Rishi Sunak.
Market

The New Prime Minister of the UK is Rishi Sunak.

The Conservative Party of the United Kingdom has elected Rishi Sunak as its new leader. According to a statement made…

byakintundeOctober 25, 2022October 25, 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
Putin Says Russia has Enlisted 222,000 Men In The Military.
Market

Putin Says Russia has Enlisted 222,000 Men In The Military.

Russia’s partial mobilization is almost over, it will be completed in about two weeks. By now 222,000 men out of…

byakintundeOctober 19, 2022October 19, 2022
Central Kiev Hit by Kamikaze Drones 
Market

Central Kiev Hit by Kamikaze Drones 

Mayor Vitaly Klitschko has confirmed that several explosions rocked central Kiev amid reports of a new wave of drone strikes;…

byakintundeOctober 19, 2022October 19, 2022

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