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Day: February 1, 2023

According To Buhari, Nigeria Has 100% Broadband Penetration.
BusinessLocal

According To Buhari, Nigeria Has 100% Broadband Penetration.

At the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture’s first Digital Economy Conference, which was hosted at…

byakintundeFebruary 1, 2023February 6, 2023
Transport Union Gets Government Approval
Local

Transport Union Gets Government Approval

The Amalgamated Union of App-Based Transport Workers of Nigeria has received federal government approval for trade union recognition. With this…

byakintundeFebruary 1, 2023February 1, 2023
KENYA: In January, Investors’ Wealth At The Bourse Decreased By Sh24.4 Billion.
Africa

KENYA: In January, Investors’ Wealth At The Bourse Decreased By Sh24.4 Billion.

The Nairobi Securities Exchange (NSE) saw a loss of Sh24.45 billion in investor value in January, which is a result…

byakintundeFebruary 1, 2023February 1, 2023
KENYA: As Mortgage Rates Increase, Home Values Drop By The Most In Four Years.
Africa

KENYA: As Mortgage Rates Increase, Home Values Drop By The Most In Four Years.

Due to an excess of housing and expensive bank loans, house prices fell by the largest margin in the three…

byakintundeFebruary 1, 2023February 1, 2023
Elon Musk Releases Starlink in Nigeria At A Discount
BreakingTechnology

Elon Musk Releases Starlink in Nigeria At A Discount

Nigeria is the first nation in Africa to benefit from Elon Musk’s satellite business, SpaceX, which is now open to…

byakintundeFebruary 1, 2023February 6, 2023
Reps Drop The N22.7tn Loan Proposal And Approve The Borrowing Of N1tn
BusinessFinance

Reps Drop The N22.7tn Loan Proposal And Approve The Borrowing Of N1tn

The President’s requests for Ways and Means Advances from the Central Bank of Nigeria were partially accepted by the House…

byakintundeFebruary 1, 2023February 1, 2023
Addax’s Property Is Acquired By NNPCL.
LocalMarket

Addax’s Property Is Acquired By NNPCL.

After fulfilling closing obligations, NNPC Limited (NNPCL) and Addax Petroleum Development (Nigeria) Limited have amicably terminated their 24-Year Production Sharing…

byakintundeFebruary 1, 2023February 6, 2023
After The Deadline, Banks Would Still Accept Old Notes — Emefiele
BreakingCurrency

After The Deadline, Banks Would Still Accept Old Notes — Emefiele

Commercial banks in Nigeria will still accept old naira notes from customers after the February 10 deadline, the governor of…

byakintundeFebruary 1, 2023February 6, 2023
KENYA; Local Rice Millers Object About The Window For Duty-Free Imports Being Locked Out.
AfricaAgriculture

KENYA; Local Rice Millers Object About The Window For Duty-Free Imports Being Locked Out.

The importation of the good during the duty-free window has been blocked, and local rice millers have criticized the action,…

byakintundeFebruary 1, 2023February 1, 2023
UGANDA: Due To Costly Imports, Egg Prices Will Increase.
AfricaAgriculture

UGANDA: Due To Costly Imports, Egg Prices Will Increase.

Kenyan consumers are paying more for eggs as the price of the commodity shoots to a high of Sh450 a…

byakintundeFebruary 1, 2023February 6, 2023
Diesel prices rise 182.6% in a year as a result of high energy costs.
BusinessEnergy

Diesel prices rise 182.6% in a year as a result of high energy costs.

The cost of energy supply has continued to take a depressing toll on Nigerians with the average retail price of…

byakintundeFebruary 1, 2023February 6, 2023

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