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Day: January 19, 2023

Microsoft will Dismiss thousands of Jobs Across all Divisions.
Technology

Microsoft will Dismiss thousands of Jobs Across all Divisions.

According to reports, Microsoft Corp. (MSFT.O) intends to slash thousands of jobs, with some positions in the engineering and human resources…

byakintundeJanuary 19, 2023January 18, 2023
IOCs will Icrease their Drilling Activity.
BusinessCommodities

IOCs will Icrease their Drilling Activity.

In contrast to reports that International Oil Companies, Shell, Chevron, and other energy companies would finally say goodbye to Nigeria’s…

byakintundeJanuary 19, 2023January 19, 2023
JPMorgan: Prior to the South Africa Budget, Investors should Purchase Eskom Bonds.
AfricaBusiness

JPMorgan: Prior to the South Africa Budget, Investors should Purchase Eskom Bonds.

JPMorgan has urged investors to purchase Eskom bonds in South Africa before the country’s budget, which is anticipated to be…

byakintundeJanuary 19, 2023January 19, 2023
Kenya Aims to Cut its Borrowing Requirements Both Domestically and Internationally.
Africa

Kenya Aims to Cut its Borrowing Requirements Both Domestically and Internationally.

According to a draft budget policy statement from the ministry of finance, Kenya will set a net external financing goal…

byakintundeJanuary 19, 2023January 19, 2023
Aid and Advocacy Organizations in Ghana Demand Debt Cancellation.
Africa

Aid and Advocacy Organizations in Ghana Demand Debt Cancellation.

In an effort to help Ghana deal with its economic crisis, more than two dozen aid and advocacy organizations demanded…

byakintundeJanuary 19, 2023January 19, 2023
Ghana’s Producer Inflation Drops in December to 52.2%.
Africa

Ghana’s Producer Inflation Drops in December to 52.2%.

According to statistics service data released, Ghana’s producer price inflation decreased from 78.1% in November to 52.2% in December. According…

byakintundeJanuary 19, 2023January 19, 2023
26 Power Plants Experience a Capacity Decline.
Energy

26 Power Plants Experience a Capacity Decline.

Out of the 29 power plants in the nation, 26 saw a 26% reduction in capacity, and three were completely…

byakintundeJanuary 19, 2023January 19, 2023
Nigerian Shipowners and Operators find the NNPC Cargo Policy Frustrating.
BusinessCommodities

Nigerian Shipowners and Operators find the NNPC Cargo Policy Frustrating.

Stakeholders in the nation’s maritime industry claim that local shipowners are suffering as a result of Nigerian National Petroleum Corporation…

byakintundeJanuary 19, 2023January 19, 2023
Nigeria Owes China and Four Others $4.85bn
FinanceLocal

Nigeria Owes China and Four Others $4.85bn

The Federal Government of Nigeria borrowed about $3.27 billion from five nations between June 30, 2015, and September 30, 2022.…

byakintundeJanuary 19, 2023January 19, 2023
Financial Crisis: Nigeria FG Reports N14.28 trillion in Revenue Shortfall.
Finance

Financial Crisis: Nigeria FG Reports N14.28 trillion in Revenue Shortfall.

According to information from the Budget Office of the Federation, the Federal Government has experienced a revenue shortfall of N14.…

byakintundeJanuary 19, 2023January 19, 2023
The CBN Enlightens Traders About the New Naira Notes.
Finance

The CBN Enlightens Traders About the New Naira Notes.

The distribution of the new naira notes to the entire nation will be completed before the deadline of January 31,…

byakintundeJanuary 19, 2023January 19, 2023
Bearish Trading Closes with N47 billion Loss In the Stock Market.
LocalMarket

Bearish Trading Closes with N47 billion Loss In the Stock Market.

Due to profit-taking actions by Dangote Cement Plc and 20 other companies, the Nigerian stock market ended down by N47…

byakintundeJanuary 19, 2023January 19, 2023

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