Pascal Oparada
6353 articles published since 29 Nov 2021
6353 articles published since 29 Nov 2021
Recent data has shown that South Africa has toppled Nigeria from the list of five leading petrol importers in Africa, thanks to the Dangote Refinery.
Seven days into the nationwide free fuel distribution by Dangote Refinery, petrol prices have remained high, with retail stations still selling close to N900/litre.
The Nigerian currency has continued its gains in the official and parallel markets, still trading below the N1,500 ceiling in the official window and gaining 0.08%.
Labour unions, including NUPENG and PENGASSAN, have rejected the proposed sale of critical national assets by the Nigerian government, especially NNPC oil assets.
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has confirmed that 14 Nigerian banks have fully met the recapitalisation target.
The Central Bank of Nigeria (CBN) has cut the benchmark interest rate to 27%, the first time in five years, following a myriad of economic achievements.
On Monday, September 22, 2025, the naira experienced a mixed fortune in the official and parallel markets, closing at N1,488 and N1,517 per dollar, respectively.
About 10 African countries are still heavily indebted to and reliant on IMF loans to fund critical sectors. The countries' debt, led by Egypt, runs into billions
The Central Bank of Nigeria (CBN) is making huge plans to boost the naira's value, thereby exposing dollar accounts to risks in the foreign exchange markets.
Pascal Oparada
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