Pascal Oparada
6974 articles published since 29 Nov 2021
6974 articles published since 29 Nov 2021
Nigeria's FX market turnover soared to $1.5bn, with the naira strengthening against the dollar as reserves reach a 17-year high of $52.02bn amid reforms.
Nigerian banks now deduct 7.5% VAT on ATM card fees, clarifying that this enforcement is not a new tax, but a standard application of existing regulations.
Young Nigerian entrepreneurs aged 18-35 can apply for collateral-free loans under the YOUTHCRED scheme, offering ₦200,000 to ₦2 million to grow their businesses.
Nigeria's passport ranked 90th globally, facing access to only 44 destinations. South Africa, Botswana, and Morocco lead the Africa, highlighting travel constraints.
The Federal Government launches the YOUTHCRED for Entrepreneurs initiative, offering loans of up to N2 million to empower 500,000 young Nigerians.
NDIC starts paying insured deposits to customers of 46 revoked microfinance banks, ensuring stability and compliance amid CBN's protective measures.
SMEDAN has launched the Cluster Development Support Programme for MSMEs in Nigeria, offering crucial business support and funding for improved productivity.
Dangote Refinery disputes NNPC’s claims of full compliance in the naira-for-crude programme, citing only 3 out of 14 expected cargoes received, showing a supply gap.
Fuel marketers resume loading petrol and diesel as Lagos depot prices rise to N1,275 per litre amid Dangote refinery's dollar-pricing policy causing market shifts.
Pascal Oparada
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