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6 Uncomplicated Ways to Get Studying Fun

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Naira falls N777 against dollar after CBN announcement
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  • March 6, 2022
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Nigeria’s gas revolution will lift West Africa’s energy

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Tag: Ukraine

News Tech

Binance exits Russia amid war with Ukraine

Binance announced on Wednesday that it will sell its operations in Russia to the recently created exchange CommEX. The crypto platform became the latest company to leave Moscow since Russia started its conflict with Ukraine. The largest cryptocurrency exchange in the world, Binance, withheld the deal’s financial information. According to the corporation, neither a revenue […]

UK, South Korea warn against cyberattacks from North Korea
News Tech

Ukraine accuses Russia of cyberattacks

Ukraine has disclosed that the computer systems of her law enforcement organisations’ are being attacked by Russian hackers. Ukraine’s head of cyber defence told Reuters on Friday that this is being done in an effort to locate and collect data relating to alleged Russian war crimes. According to Yurii Shchyhol, head of the State Service […]

Ukraine to send 25k tons of grains to Nigeria
Business

Ukraine grain agreement critical for Africa – UN

The United Nations stated on Monday that the Ukrainian grain export agreement, which may fall apart in a matter of weeks, is crucial for the millions of people living in the Horn of Africa, some of whom are already starving. According to Arab News, unless Russia agrees to its renewal, the Black Sea Grain Initiative, which […]

Ukraine
Business

Ukraine moves to reopen grain transit via Poland

Ukraine’s agriculture minister, Mykola Solskyi said on Monday that the capital of Ukraine, Kyiv plans to secure re-opening of the transit of food and grain through Poland as “a first step”.   According to Reuters, this was during talks in Warsaw following Poland and Hungary’s decision to prohibit some imports from Ukraine.   As a result […]

Ukraine: Russia lost only 8.5% of Western firms, says report
News

Russia suspends participation in Ukraine grain deal

Moscow on Saturday suspended its participation in a landmark agreement that allowed vital grain exports from Ukraine, blaming drone attacks on Russian ships in Crimea. Russia made the announcement after its army accused Kyiv earlier Saturday of a “massive” drone attack on its Black Sea fleet, which Ukraine labelled a “false pretext” and the UN […]

IATA welcomes CBN's release of $265m to airlines
Aviation

Ukraine: Nigerian airlines, others to lose $700m, says IATA

The International Air Transport Association has said that Nigerian airlines and others across Africa will lose $700 million in 2022 due to a combination of the Russia-Ukraine war and COVID-19. This was disclosed at the ongoing 78th IATA Annual General Meeting and World Air Transport Summit in Doha, Qatar. IATA said that inflation, interest and […]

Naira fall'll worsen Nigeria’s food, energy crisis — W’Bank
Economy

Commodity price surge to become global problem – World Bank

The World Bank on Monday said that recent commodity price shocks, particularly in food and energy, are likely to be felt by people around the world. This was disclosed in the international financial institution’s Commodity Markets Outlook cited by AMBusiness. According to World Bank’s Senior Economist, Peter Nagle, Ukraine and Russia are both large exporters […]

Agribusiness

Over $10bn food production at risk in Nigeria, others –AfDB

The African Development Bank Group President, Dr Akinwumi Adesina, says a fertiliser crisis triggered by the Russian war in Ukraine could put more than $10bn worth of food production at risk in Africa. He said this during a three-day official visit to Washington DC, which included several bilateral engagements with stakeholders on African development. This […]

Interview

Fuel subsidy more beneficial to rich Nigerians – Financial expert

In this interview, the Executive Director, Cordros Capital, Femi Ademola, speaks on investment decisions, fuel subsidy and foreign direct investments into Nigeria Many low-income earners usually look for investment areas where they can get huge returns in a short time. Is this realistic? What I have noticed with low-income earners is they are looking to […]