
Pascal Oparada
4548 articles published since 29 Nov 2021
4548 articles published since 29 Nov 2021
Data from the Central Bank of Nigeria (CBN) shows that the Nigerian economy experienced a net inflow of $46.92 billion in the first 10 months of 2024.
Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil demands of Nigerian refineries.
The Central Bank of Nigeria (CBN) has revealed that commercial and merchant banks' borrowing rose by 636.6% in 2024 to N131/42 trillion in the past year.
Petroleum Marketers have reportedly begun product loading at the newly refurbished Warri refinery as they demanded petrol production from the facility.
Ben Sellier, Vice President of Secure Power at Schneider Electic, has advocated for skills development in data centres to sustain the IT industry.
Petroleum product marketers have demanded the sale of Warri and Kaduna refineries, asking the Nigerian government to invest in compressed natural gas (CNG).
The naira has continued to strengthen against the US dollar, extending its gains into the second trading day of the new year and gaining marginally.
The Central Bank of Nigeria (CBN) has estimated that about $22.89 billion came into the Nigerian economy in the third quarter of 2024 relative to the $22.22 in 2023.
Former President Olusegun Obasanjo has narrated how NNPC rejected Aliko Dangote's offer of $750 million to operate Nigeria's three refineries in 2006.
Pascal Oparada
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