
Pascal Oparada
4517 articles published since 29 Nov 2021
4517 articles published since 29 Nov 2021
Sterling Bank has finally explained why it removed charges on online transfers to other banks, saying the move was to ease the pressure points of its customers.
The naira rebounded against the US dollar in the official foreign exchange market on Thursday, April 10, 2025, closing at N1,634.500 from N1,644 per dollar.
Airlines flying the Nigeria-Europe route have slashed their ticket fares amid the low travel season and the exchange rate volatility, involving the naira.
The Central Bank of Nigeria has broken a new remittance inflows as dollar inflows into Nigeria hit a five-year high at $20.98 billion in 2024 under Cardoso.
The US dollar soared against the naira on Wednesday, April 9, 2025, despite CBN's injection of $197.71 million into the foreign exchange market to boost liquidity.
The Nigeria Deposit Insurance Corporation (NDIC) has said it will reimburse 100% to depositors of 20 failed banks who provide critical documentation.
The Nigerian government, through the Federal Executive Council (FEC) has directed the full implementation of the naira-for-crude deal with local refineries.
A recent report has alleged that oil cartels have hijacked plans by the Dangote Refinery to sell petrol cheaply to Nigerians by halting the naira-for-crude deal.
GSMA's State of the Industry Report on Mobile Money has revealed that mobile money operators processed about 108 billion transactions valued at $1.68trn.
Pascal Oparada
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