Pascal Oparada
3977 articles published since 29 Nov 2021
3977 articles published since 29 Nov 2021
Foreign exchange inflows into the official market declined by 16.5%, according to data obtained from the FMDQ Exchange, where the dollar is traded officially.
Petrol stations in several states across Nigeria have adjusted pump prices as truck drivers and marketers resumed loading the product over the weekend in Lagos.
Another Nigerian billionaire, Dahiru Mangal, has completed $1.5 billion cement plant in Kogi State and has rolled out the first bag, promising 500 bags daily.
The price of rice is poised to surge in the coming months as importers report an increase in import and freight costs despite FG's free import duty policy.
The Nigerian Communications Commission (NCC) has issued new guidelines to telecommunication companies on the number of allowable tariff plans and bundles.
The Nigerian Communications Commission (NCC) has reportedly extended the July 31 deadline for telecommunication subscribers to link their NIN to their SIMs.
Banks' filings show that Customer deposits have risen to N21 trillion as of the first quarter of 2024, with Zenith Bank, UBA, Access Bank, and FCMB leading the pack.
Bank Chairmen have opposed the positions of Femi Otedola, First Bank Chairman, and United Bank of Africa Chairman, Tony Elumelu on the proposed windfall tax.
The Nigerian foreign exchange market dipped by 6.43% in July despite the sales of foreign exchange to authorized dealers. The naira crashed at a high of N1,608.73.
Pascal Oparada
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