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Day: December 13, 2022

Nigerians Abroad with Expired Passports are Permitted to Return – NIS.
Local

Nigerians Abroad with Expired Passports are Permitted to Return – NIS.

The Nigeria Immigration Service declared that travellers returning to Nigeria may enter the nation using a Nigerian passport that has…

byakintundeDecember 13, 2022December 13, 2022
Goldman AM Predicts 2023 will be the most Promising Year for Bonds in Almost a Decade.
CryptoCurrencyMarket

Goldman AM Predicts 2023 will be the most Promising Year for Bonds in Almost a Decade.

According to Gurpreet Gill, macro strategist for global fixed income at Goldman Sachs Asset Management, the coming year is looking…

byakintundeDecember 13, 2022December 13, 2022
CBN Allocates N10 trillion to Manufacturers.
BusinessLocal

CBN Allocates N10 trillion to Manufacturers.

Aishah Ahmad, Deputy Governor, the Financial System Stability Directorate, Central Bank of Nigeria, has expressed concern about the poor repayment…

byakintundeDecember 13, 2022December 13, 2022
US Pledges to Invest $55 billion in Africa before the Summit.
AfricaInvesting

US Pledges to Invest $55 billion in Africa before the Summit.

As President Joe Biden gears up to host the U.S.-Africa summit this week and speak with a select group of…

byakintundeDecember 13, 2022December 13, 2022
UK Jobless Rate Increases, but Salary Growth Worries the Bank of England.
Europe

UK Jobless Rate Increases, but Salary Growth Worries the Bank of England.

The unemployment rate in Britain increased for a second month, and as the economy struggles, some of the inflationary heat…

byakintundeDecember 13, 2022December 13, 2022
Nigeria Rescinds the COVID-19 Examinations for International Travellers.
AfricaHealth

Nigeria Rescinds the COVID-19 Examinations for International Travellers.

The COVID-19 testing requirement for international travellers was lifted by Nigeria on Monday, 12th December 2022 and wearing a mask…

byakintundeDecember 13, 2022December 13, 2022
The IMF Claims that Global Debt is Still Significantly Higher than Pre-pandemic Levels.
FinanceMarketWorld

The IMF Claims that Global Debt is Still Significantly Higher than Pre-pandemic Levels.

The IMF reported that overall public and private debt declined by 10 percentage points to 247% of global gross domestic…

byakintundeDecember 13, 2022December 13, 2022
Britain prepares for Strike Action as Nurses Walk Out.
EuropeHealth

Britain prepares for Strike Action as Nurses Walk Out.

The largest wave of industrial action to hit the nation in decades will hit Britain as nurses strike, putting additional…

byakintundeDecember 13, 2022December 13, 2022
NNPC Increases the Number of Major Marketers to 27
Local

NNPC Increases the Number of Major Marketers to 27

As part of efforts to address the country’s persistent fuel shortage, the Nigerian National Petroleum Company Limited increased the number…

byakintundeDecember 13, 2022December 12, 2022
Absa Says Africa’s Top Investment Destinations Includes Tanzania.
AfricaBusiness

Absa Says Africa’s Top Investment Destinations Includes Tanzania.

Tanzania has been rated as one of the best investment locations in Africa due to its robust regulatory environment, sound…

byakintundeDecember 13, 2022December 13, 2022
Kenya’s Centum Pays Dollar Loans to Cut Costs Over a Weak Shilling.
Africa

Kenya’s Centum Pays Dollar Loans to Cut Costs Over a Weak Shilling.

Investment company Centum intends to pay off its dollar-denominated debt soon in order to avoid increasing finance costs on hard…

byakintundeDecember 13, 2022December 13, 2022
MRS SubsidIary’s $300m Purchase Of Chevron Oil Block From NNPC Allows For The Supply Of 8,000 Crude Oil Barrels Per Day In Five Years.
BusinessCommodities

MRS SubsidIary’s $300m Purchase Of Chevron Oil Block From NNPC Allows For The Supply Of 8,000 Crude Oil Barrels Per Day In Five Years.

Nigerian National Petroleum Company Limited (NNPCL) will supply 8,000 barrels of crude per day for four to five years using…

byakintundeDecember 13, 2022December 13, 2022
Yellen Predicts that by the End of 2023, US Inflation will be Significantly Lower.
Market

Yellen Predicts that by the End of 2023, US Inflation will be Significantly Lower.

Barring an unexpected shock, U.S. Treasury Secretary Janet Yellen predicted a significant decline in inflation in the country in 2023.…

byakintundeDecember 13, 2022December 12, 2022
Bloomberg Report: The Ghana Cedi Gains the most against the US Dollar.
Currency

Bloomberg Report: The Ghana Cedi Gains the most against the US Dollar.

According to Bloomberg, as Ghana begins restructuring domestic debt, the Ghana Cedi posted the largest gain against the U.S. Dollar…

byakintundeDecember 13, 2022December 12, 2022
Equity, NCBA fight over Sh160 million Nairobi Property.
AfricaBusiness

Equity, NCBA fight over Sh160 million Nairobi Property.

In a legal dispute over a building in Nairobi that the two lenders claimed to have financed at a cost…

byakintundeDecember 13, 2022December 12, 2022

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