Pascal Oparada
6977 articles published since 29 Nov 2021
6977 articles published since 29 Nov 2021
The scarcity of cooking gas has hit Lagos and major cities across Nigeria, with dealers blaming the sales halt by Dangote Refinery. Prices have surged 80%
Senegal's 30,000 barrels per day Dakar Refinery has become heavily dependent on Nigeria's crude as its hydrocarbon has become unusable due to high sulphur.
Atlas Oranto Petroleum Limited, owned by Price Arthur Eze, has sealed a major oil deal in Liberia. The $800 million PSC contracts will boost Liberia's economy.
The merger of Union Bank and Titan Trust Bank has raised the question of who will be responsible for the bank's recapitalisation, as CBN's deadline approaches.
Cooking gas dealers have announced price increases, which they blamed on supply hiccups caused by the PENGASSAN-Dangote refinery industrial dispute.
The prices of PoS terminals have shot up 300% for advanced devices in the last 12 months, with fintechs and banks blaming foreign exchange fluctuations.
The Nigerian government has increased pensions by 10.6% and 12.95% for eligibility, backdating the payment to September 2024, and releasing N20bn for areas.
The Federal Mortgage Bank of Nigeria (FMNN) has revealed that it has received a commercial banking licence from the Central Bank of Nigeria (CBN).
Following the Central Bank of Nigeria's (CBN) monetary policy rate cut to 27%, commercial banks have released new interest rates on savings accounts.
Pascal Oparada
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