
Pascal Oparada
4547 articles published since 29 Nov 2021
4547 articles published since 29 Nov 2021
The Nigerian government has revealed plans to build an 80-metre-high bridge in front of the Dangote Refinery to ease traffic congestion amid highway construction.
The Nigerian government, under Bola Tinubu is set to get six new loans from the World Bank in 2025, bringing Tinubu's borrowings from the World Bank to $9.2bn.
There is an imminent scarcity of petroleum products as tanker drivers have embarked on strike, leading to the resurfacing of vehicles queues at petrol stations.
The US dollar crashed again in the foreign exchange market as the naira continued to surge against major currencies, closing at N1,501 per dollar on Tuesday.
Air Peace, Nigeria's largest carrier, has denied reports that its Chairman, Allen Onyema, was stuck in Ekiti airport for 24 hours due to a lack of navigational aids.
The International Monetary Fund (IMF) report shows some African countries with the most debt exposure in 2025, ranking Egypt on top of the list with over $8bn.
The Dangote Refinery reportedly controls about 60% of Nigeria's petrol market, contributing immensely to the decline in imports as daily PMS consumption falls.
The Nigeria Customs Service (NCS) has asked importers to recapture their entries following the cancellation of the four per cent Free-on-Board (FOB) charge.
The naira has strengthened since the Central Bank of Nigeria (CBN) launched the Electronic Matching System (EFEMS). The naira rose in value against most currencies.
Pascal Oparada
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