Pascal Oparada
5408 articles published since 29 Nov 2021
5408 articles published since 29 Nov 2021
About 10 Nigerian banks have been projected to meet the N500 billion minimum capital requirement set by the Central Bank of Nigeria (CBN) by March 31, 2026.
Following the drop in crude oil prices by eight per cent, depot owners in Nigeria have marginally cut their fuel prices, but there are calls for more cuts.
First Bank, GTCo, Fidelity Bank, Ecobank, and two other Nigerian banks are still actively raising capital via various programmes to meet CBN's capital requirement.
Marketers under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) are demanding immediate reversal of diesel prices at PH refinery.
About six Nigerian banks are course to meet to meet and exceed the N500 billion recapitalisation deadline set by the Central Bank of Nigeria (CBN)
The Economic and Financial Crimes Commission (EFCC) has reportedly arrested Umar Ajiya Isa, an ex-NNPC Chief Financial Officer (CFO), over an alleged $7.2bn fraud.
The manufacturers Association of Nigeria (MAN) has revealed that the proposed ban on Single-use plastic (SUPs) by the Lagos State government will lead to job losses.
Oil marketers and depot owners have increased their prices following the crude oil price spikes and cost adjustments by the Dangote Refinery and the NNPC.
The N500 billion recapitalisation target set by the Central Bank of Nigeria (CBN) could see small banks pursue mergers or downgrade their licences.
Pascal Oparada
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