Pascal Oparada
5773 articles published since 29 Nov 2021
5773 articles published since 29 Nov 2021
The Nigeria Deposit Insurance Corporation (NDIC) has commenced payment to customers and creditors of failed Premier Commercial Bank after 25 years.
Experts and dealers have projected that cement prices may be elevated slightly or remain fairly competitive due to strong demand and high operational costs.
Nigeria's newest cement firm, Mangal Cement, has commenced sales and distribution, engaging stakeholders for critical feedback on product performance.
Meta, in partnership with the Nigerian government, has launched the Llama Impact Accelerator programme to enable AI development and solutions in Nigeria.
Four depot owners have increased their prices following the increase in crude oil costs in the international market, as marketers plot against Dangote.
The move by the Nigerian government to secure a $5 billion oil-backed loan from Saudi Aramco is facing a major hurdle due to falling crude oil prices.
Diesel prices have spiked at the depots by over 10 per cent, with owners increasing the product's prices from N925 per litre to N1,050 and N1,025 respectively.
Depot owners have hiked petrol prices slightly due to increase in global crude oil prices, supply challenges and shutdowns across the country during the holiday.
The World Bank is set to slash Nigeria's loan request after key agencies, the FIRS and Customs, failed to meet key international auditing standards.
Pascal Oparada
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