Pascal Oparada
6978 articles published since 29 Nov 2021
6978 articles published since 29 Nov 2021
Nigerian ratings agency, Augusto & Co., has projected a N900 billion capital injection into the Nigerian banking industry as the CBN recapitalisation deadline nears.
The Central Bank of Nigeria (CBN) has imposed a 10-metre radius location on PoS operators and also mandated geo-tagging of terminals to curb fraud.
Google has opened a suite of internship programmes spread across countries and 60 skillsets for Nigerians and young Africans with juicy monthly stipends.
The Nigerian currency, the naira, has depreciated against the US greenback amid rising external reserves and improved crude oil production by Nigeria.
Nigeria's biggest airline, Air Peace, slashed its Abuja to London fares to N448,500 as it plans to commence direct flights to Heathrow Airport soon.
Some tier-1 Nigerian banks are still struggling to meet the CBN's recapitalisation target, with seven months to the deadline, including First Bank, and others.
The Nigerian government, through SMEDAN, has invited small business owners to apply for the N50,000 conditional grant scheme to grow their businesses.
Nigeria's crude oil production jumped by 10% to 1.71 million barrels per day in July, compared to the 1.505 million barrels recorded the previous month.
Another petrol price hike is imminent following the surge in crude prices in the international market. Already, some depots have suspended sales entirely.
Pascal Oparada
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