Pascal Oparada
6395 articles published since 29 Nov 2021
6395 articles published since 29 Nov 2021
Electronic payment transactions hit a new high of 59 per cent at N284.4 trillion in the year 2024, dominated by the NIBSS Instant Payment (NIP) system.
The Dangote Refinery is expecting about 12 million barrels of crude oil from the US as it moves to reach its 650,000 barrels per day refining capacity in June.
The Nigerian government has listed the functions and capabilities of the General Multipurpose Card (GMPC), stating that the card will enhance financial services.
Petroleum oil marketers have revealed that they are scared of lifting petrol to filling stations due to the fall prices. which might affect their profit margin.
The naira depreciated slightly in the official foreign exchange market but rose in the parallel segment as the dollar experienced its worst fall in weeks.
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that Nigeria imported the highest volume of petrol in 2022, at 23.54 billion litres.
About seven banks, mostly tier-1 entities, have raised about N1.3 trillion in pursuit of the Central Bank of Nigeria (CBN) recapitalisation deadline.
The price of petroleum products is expected to fall as the global cost of crude oil dropped in response to Donald Trump's call for OPEC to cut prices.
The Abuja Investments Company Limited (AICL) has asked diplomats to support the company as it plans an expo to unlock the nation's capital's potential.
Pascal Oparada
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