Pascal Oparada
7007 articles published since 29 Nov 2021
7007 articles published since 29 Nov 2021
The Central Bank of Nigeria (CBN) has disclosed that Nigeria's external reserves grew by $6 billion in 2024, driven by the bank's robust policy changes.
Nigerian airlines, including Air Peace, Rano Air, and Aero Contractors, have blocked passengers from booking further on their platforms before holidays.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has attributed the reduced cost of petroleum products to collaboration with the Dangote Refinery.
Filling stations across Nigeria have increased their prices again in response to the soaring global crude oil cost, which traders say has crossed the $80 ceiling.
The Nigerian naira has recovered against the dollar in the official market after a week-long loss. The naira traded at N1,548.75 against the US dollar.
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has said the call for a 100 per cent tariff hike will detrimental to Nigerians.
Data from the Central Bank of Nigeria shows that Nigeria's external reserves have fallen from $40.88 billion in December to $40.56 billion amid debt servicing.
Rwanda has confirmed the presence of oil in Lake Kivu, bordering Uganda and DR Congo. The country said there is a possibility of finding more wells in the region.
Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members now patronise Dangote Refinery following the increase in depot prices.
Pascal Oparada
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