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The local airline is threatening to crash the JetA1 N714 / liter

N714/liter was unsustainable. The Vice President of the Airline Operators of Nigeria AON, Allen Onyema, warned that if the present challenge of aviati

N714/liter was unsustainable. The Vice President of the Airline Operators of Nigeria AON, Allen Onyema, warned that if the present challenge of aviation fuel is not fully addressed, about three airlines may quit operations due to the unbearable cost of operations. The Federal Government has approved 10,000 metric tonnes of fuel at the cost of N580 per liter in Lagos and about N607 a liter outside Lagos. Some airlines outside Nigeria have been shut down due to rising fuel prices. After the COVID19 crisis, most airlines around the world, including Nigeria, have not recovered from the epidemic, and their countries have paid more to help them, Onima said. Read More..

B2B Tech News | 2 years ago        

Following the feds 75 basis point hike, there are five pressure points to watch in asian markets.

The airline operators said the prevailing market rate of N690The yen pushed to a 24year low against the dollar as its caught between a hawkish Fed and

The airline operators said the prevailing market rate of N690The yen pushed to a 24year low against the dollar as its caught between a hawkish Fed and dovish Bank of Japan and will be in the crosshairs of macro dealers again. Fridays BOJ decision could spell renewed volatility as bets on adjustments to Japans extremely easy monetary policy increase. Japans bond futures were pushed to the brink of a trading halt Wednesday. The Japanese bank struggles to convince markets its pledge to cap yields at 0.25 % is sustainable. Emerging Asian markets could catch a tailwind after the $ fell overnight and Chinese trading stocks bucked the recent rout. Read More..

B2B Tech News | 2 years ago        

Genesis, a cryptocurrency broker based in the United States, claims that its lending business is meeting client demand.

Cryptocurrency dealer Genesis Trading says operations continue to function normally despite volatility. Rival lender Celsius Network froze client with

Cryptocurrency dealer Genesis Trading says operations continue to function normally despite volatility. Rival lender Celsius Network froze client withdrawals on Monday, spurring the latest meltdown in crypto markets. Bitcoin tumbled on Wednesday as much as 7.8% to $20,289, its lowest level since December 2020. The company says it has strong risk management practices and frameworks and is committed to supporting its clients. Celsius had earlier frozen withdrawals and transfers, citing extreme market conditions. Read More..

B2B Tech News | 2 years ago        

A research fellow has been awarded £1.5 million to explore the effects of climate change on the Antarctic Ice Sheet.

A researcher from Northumbria University has received a prestigious fellowship award to study Antarcticas future contribution to the rising global sea

A researcher from Northumbria University has received a prestigious fellowship award to study Antarcticas future contribution to the rising global sea level. Dr. Jan De Rydt is the fourth recipient of a UK Research and Innovation UKRI Future Leaders Fellowship Award, worth £1.5m. Rising sea levels will have a detrimental effect on lowlying coastal communities such as Bangladesh, the Pacific Islands, and other countries. The research will feed into other global simulations on sealevel change and inform policymakers. Read More..

B2B Tech News | 2 years ago        

Inside the US governments plan to build small nuclear reactors that look like batteries

Yasir Arafat is the technical lead of a microreactor project at Idaho National Lab. The goal is to have the first one operating by December 2023. Nucl

Yasir Arafat is the technical lead of a microreactor project at Idaho National Lab. The goal is to have the first one operating by December 2023. Nuclear energy does not generate greenhouse gas emissions, and Arafat hopes to contribute to the solution. Idaho National Laboratorys MARVEL reactor could be the first of its kind to miniaturize a nuclear reactor. A single microreactor could power a community from 1,000 to 10,000 people, whether its a hospital or remote military base. Microreactors could be part of a future clean energy grid that includes renewable solar and wind energy and battery storage. Read More..

B2B Tech News | 2 years ago        

US equities closed at high prices after the Federal Reserve raised interest rates

Following the Federal Reserves decision to raise interest rates, stock and bond prices in the United States rose on Wednesday. The Federal Reserve of

Following the Federal Reserves decision to raise interest rates, stock and bond prices in the United States rose on Wednesday. The Federal Reserve of the United States announced a 0.75 % point increase in the federal funds rate from its target range of 0.5 % to 0.6 %. It was the first significant move since 1994. The 10year Treasury note yield fell 0.18 percentage points to 3.30 %. It came after an unusually busy day of European monetary policy. The European Central Bank convened an emergency meeting to address concerns about the impact of rising borrowing costs on the eurozones weakest economies. Read More..

B2B Tech News | 2 years ago        

Technology and population are key to increasing unlimited digital payments.

The coronavirus pandemic has accelerated the growth of the digital payments market in Egypt. AlBorsa Newspaper held a roundtable seminar on digital p

The coronavirus pandemic has accelerated the growth of the digital payments market in Egypt. AlBorsa Newspaper held a roundtable seminar on digital payments as part of a series of business trends seminars to discuss the future of digital payments in Egypt after the boom that the sector witnessed over the past two years, especially after the issuance of regulations governing the work of the sector by the Central Bank of Egypt CBE. Read More..

B2B Tech News | 2 years ago        

The Japanese government does not allow companies to use early internship assessments in recruitment

Japan to allow companies to use internships conducted before the traditional start of jobhunting season. The move could speed up early recruitment of

Japan to allow companies to use internships conducted before the traditional start of jobhunting season. The move could speed up early recruitment of university undergraduate and graduate students. Sangaku Kyogikai industryacademic council demanded in April that information on students gathered during internships to be used. Companies will be allowed to utilize evaluations given to those who participated in internships. This will apply to internships to be held in the summer of 2023. Each internship must last five days or longer ,with more than half of the time consisting of work experience. Read More..

B2B Tech News | 2 years ago        



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