Pascal Oparada
6957 articles published since 29 Nov 2021
6957 articles published since 29 Nov 2021
The naira stays outside Africa’s 10 weakest currencies by nominal exchange rate in September 2026, while Uganda and Ghana face pressure and depreciation risks.
Nigeria rice prices fell by ₦15,000 per 50kg bag between January and September 2026; AGRA recorded a 31.8% year-on-year decline, but Lagos costs also rose.
MRS stations in Abuja cut petrol by ₦25 to ₦1,370 per litre, saving motorists ₦1,250 on 50 litres as Dangote refinery's price reduction reaches more pumps.
Nigeria Customs seeks forfeiture of three aircraft tied to Sayyu Dantata over alleged ₦2.31bn unpaid import duty; no order yet, hearing resumes October 22, 2026.
NMDPRA proposes rules to curb fuel price fixing and hidden charges, ensure fair access to infrastructure for petroleum firms as court backs import licences.
Failed Nigerian bank customers may recover savings through successor institutions or NDIC claims; insurance limits and liquidation dividends determine refunds.
PalmPay NightGuard adds extra verification to transfers during selected hours from 11pm to 7am, helping protect accounts without blocking overnight payments.
Five Nigerian lenders posted ₦20.47tn in assets and ₦338.4bn profit in H1 2026, as FCMB and Wema led earnings and an economist urged more business lending.
FAAN proposes an October 2026 deadline for airport taxi operators to replace older vehicles, as ₦18 million costs and CNG conversions fuel calls for more time.
Pascal Oparada
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