
Pascal Oparada
4717 articles published since 29 Nov 2021
4717 articles published since 29 Nov 2021
The Nigerian Electricity Regulatory Commission (NERC) has said that international customers in Benin Republic, Togo and Niger Republic owe Nigeria $5.7m.
The Port Harcourt refinery has resumed petrol loading after one, following a report that it ceased operations after a week, leading to NNPC refuting the claim.
The Nigerian currency, the naira, rallied against the dollar in the official foreign exchange market amid high predictions of a more excellent rebound in 2025.
According to economic experts, the Nigerian currency would fare better in the coming year due to a combination of factors, including reduced petrol and food imports.
Nigeria has emerged as one of the leading oil-producing countries in Africa with the highest petrol prices, coming second only to Gabon in recently released data.
Telecommunication companies have warned of imminent USSD service disruption to banks in Nigeria over the lingering N250 billion debt accrued over the years.
The naira crash and devaluation dealt a devastating blow to local and foreign companies operating in Nigeria in 2024, with most companies shutting down.
Data from the Central Bank of Nigeria (CBN) shows that the Nigerian economy experienced a decline in FX inflow in the third quarter of 2024, relative to 2023.
The Central Bank of Nigeria (CBN) has marginally increased the Nigeria Customs duty rate for importers following the slight depreciation of the Nigerian currency.
Pascal Oparada
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