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Chad-Cameroon Pipeline Recorded A Declined Revenue And Nigerian Equities Bled On Political Uncertainty

Chad-Cameroon Pipeline Recorded A Declined Revenue And Nigerian Equities Bled On Political Uncertainty

Released Monday, 4th June 2018
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Chad-Cameroon Pipeline Recorded A Declined Revenue And Nigerian Equities Bled On Political Uncertainty

Chad-Cameroon Pipeline Recorded A Declined Revenue And Nigerian Equities Bled On Political Uncertainty

Chad-Cameroon Pipeline Recorded A Declined Revenue And Nigerian Equities Bled On Political Uncertainty

Chad-Cameroon Pipeline Recorded A Declined Revenue And Nigerian Equities Bled On Political Uncertainty

Monday, 4th June 2018
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imageAfrica Business Radio — We started the show on an inspirational note; encouraging you to adopt an attitude of gratitude in your pursuit.Chad-Cameroon pipeline generated CFA8.38 billion for Cameroon for the first four months of the year 2018 with 12.88 million barrels of crude oil conveyed. Over the same period in 2017, the pipeline generated CFA9.01 billion for Cameroon and 11.27 million of crude oil moved.Over the last four months from January to April 2018, investors have lost N2.35 trillion on the Nigerian equity market attributed to concerns by Foreign Portfolio Investors, FPIs, and other domestic portfolio managers with the unfolding political events in the country in preparation for the coming 2019 general election as well as the cautious stands.The Kenyan Agriculture and Food Authority have given a go-ahead to the adoption of genetically modified cotton, on the ground that it could increase production threefold and create up to 600,000 jobs in farms and apparel factories.The South African Statistics Agency is scheduled to release the Real GDP data for the 1st quarter of 2018 on Tuesday the 5th June. Africa Business Radio
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