Zainab Iwayemi
1662 articles published since 07 Jul 2023
1662 articles published since 07 Jul 2023
Nigeria's external reserves rose from $33.30 billion on June 13, 2024, to $36.87 billion on September 12, 2024, a 10.7% gain in the last three months.
In an effort to comply with the federal government's demand regarding the NIN-SIM linkage, telecom operators have begun disconnecting millions of phone lines.
The deal between the FG and Dangote Refineries regarding the sale of PMS to NNPCL has been praised by the Nigeria Employers' Consultative Association.
Even though Dangote Petroleum Refinery began manufacturing aviation fuel and diesel early this year, only about 3% of the region's oil marketers have used the plant.
The changes implemented by the CBN have led to the highest level of dollar inflows into Nigeria via International Money Transfer Operators in at least six years.
According to a report by Afrinvest Research, in less than a week, Nigerian banks and discount stores borrowed N3trn under the Standing Lending Facility from the CBN.
According to the Bloomberg Billionaire Index, Aliko Dangote made a gain of $75.1 million, bringing his total net worth to $13.1 billion as of September 16, 2024.
Using its first fleet of trucks, the NNPCL has successfully withdrawn Premium Motor Spirit (PMS), also known as gasoline, from the Dangote Refinery.
Dangote Refinery has denounced as misleading and mischievous the claim made by the NNPC that it is purchasing gasoline at N898 per liter from the refinery.
Zainab Iwayemi
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