
Pascal Oparada
4524 articles published since 29 Nov 2021
4524 articles published since 29 Nov 2021
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.
Recently published data show that the US import from Nigeria in January and February 2025 amounted to about $643 million amid 25 banned items from the US.
Nigeria has increased its debt servicing in the 12 months, with DMO data showing the states with the most and least external debts, led by Lagos state.
Passengers have lamented the rise in transport costs across Nigeria, with intercity fares rising t N7,000 from N3,000 despite the crash in fuel prices.
The Nigerian government, via the Presidential Initiative (Pi-CNG), has said that about 150 compressed natural gas (CNG) stations will be ready in the next 18 months.
The Nigerian government has said that the application portal for the N700 million MSME award will close on April 7, 2025. It allows small businesses to win N220m.
The Debt Management Office (DMO) has explained that Nigeria spent about N5.97 trillion on debt servicing in 2024, relative to N5.23 trillion in 2023.
LOXEA Nigeria has introduced BYD electric vehicles into Nigeria to rival Innoson as Nigeria pivots to cleaner and greener energy solutions in Africa.
The Nigerian currency lost 2.4% and 2.6% of its value in March 2025, depreciating to N1,536 in the official window and N1,530 per dollar in the parallel market.
Pascal Oparada
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