Pascal Oparada
6985 articles published since 29 Nov 2021
6985 articles published since 29 Nov 2021
The Nigerian currency, the naira, rebounded in the official foreign exchange market after a brief fall. The development comes as the FX reserves hit nearly $40bn.
About 29 state governors spent close to N80 billion on domestic and international travels in six months, with the South-West governors leading the list.
The Nigerian Customs Service (NCS) has reintroduced the controversial Free On Board Charges, prompting strong condemnation from stakeholders and importers.
FBNQuest, a subsidiary of First HoldCo has reportedly taken over Ikeja Electric, First Independent Power Limited (FIPL) Egbin Power via a court order.
The Nigerian currency, the naira, performed mixed in the official and parallel markets on Wednesday, August 6, 2025, narrowing the gap between the windows.
The drop in global crude oil costs has led to cuts in depot prices as OPEC+ increased production output. Nigerians expect corresponding cuts in filling stations.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to license 220 dormant oil blocks across Nigeria's offshore and onshore areas.
The Nigerian government has rolled out free gas cylinder distribution nationwide, targeting about five million homes in the next five years to promote clean cooking.
Africa's wealthiest man and Chairman of the Dangote Group. Aliko Dangote's wealth has ballooned to $29.3 billion on the Bloomberg Billionaire Index.
Pascal Oparada
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