Pascal Oparada
6347 articles published since 29 Nov 2021
6347 articles published since 29 Nov 2021
Nigeria's foreign exchange reserves hit $46.012 billion, its highest in eight years, driven by crude oil production growth and sector reforms, promising optimism.
Naira appreciates to ₦1,401.22 per dollar, buoyed by improved liquidity and rising reserves, despite global oil prices softening, signalling renewed confidence.
PayPal launches in Nigeria for International payments, partnering with Paga to enhance financial inclusion and access, but mixed reactions reflect trust issues.
MultiChoice cut DStv prices, enhanced entry-level packages, and introduced shared payments to counter subscriber losses amid fierce streaming competition.
Kenya emerges as Africa's banking battleground as Nigerian and South African banks pursue strategic acquisitions, boosting investor confidence amid fintech growth.
Dangote Refinery halts Premium Motor Spirit sales amid maintenance and rising demand, signalling a shift in Nigeria's fuel supply dynamics with wider market effect.
The Providus and Unity Bank merger nears completion ahead of the CBN's recapitalisation deadline, promising to reshape Nigeria's banking landscape.
NNPC Ltd and Chevron's Awodi-07 discovery boosts Nigeria's oil production to 146,000 bpd, showcasing operational excellence and enhancing energy security.
NMDPRA forecasts falling fuel prices as supply and competition rise in Nigeria's oil sector, following subsidy removal. Local refineries crucial for domestic demand.
Pascal Oparada
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