Pascal Oparada
7062 articles published since 29 Nov 2021
7062 articles published since 29 Nov 2021
Facebook founder Mark Zuckerberg has overtaken Microsoft Bill Gates in the new billionaire ranking as Aliko Dangote, gained about $1 billion in seven days.
MultiChoice stated that it had ended talks with French company, Canal+, over the sale of DStv and GOtv, saying the cost was lower than its actual value.
The Federal Capital Territory Authority (FCTA) has licensed two companies to operate ride-hailing apps in the region, with the aim of reducing insecurity.
Former Nigerian president Olusegun Obasanjo and others have stressed need the need for Nigeria and Angola to strengthen economic ties under AfCTA.
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said there are about $2.4 billion in unverified claims pressuring the naira, causing volatility.
Nigeria's external reserve rose to $33.35 billion in January, representing a 3.6% increase following the rise in crude oil prices and improved oil production.
The Federal Government of Nigeria has said that about $600 million belonging to foreign airlines is owed by commercial banks and not the Central Bank of Nigeria.
The Nigerian government has reportedly devalued the naira eight months after it carried out similar action to unify the parallel and black markets
Aliko Dangote lost $5 billion in 24 hours after Nigeria devalued its currency again. Dangote also dropped from 81st wealthiest person to 113th in the world.
Pascal Oparada
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