Pascal Oparada
5778 articles published since 29 Nov 2021
5778 articles published since 29 Nov 2021
The National Bureau of Statistics has disclosed that Nigeria's inflation rate spiked to 24.23%, caused by high food prices, which rose by almost 24%.
The Nigerian government has signed and submitted its ECOWAS Tariff Offer to the African Continental Free Trade Area, establishing a 90% duty waiver on the continent.
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has said that petrol prices could be sold as low as N350 per litre if crude falls to $50 per barrel.
The Central Bank of Nigeria (CBN) has injected an additional $150 million into the foreign exchange market as the naira crashed to N1,604 per dollar.
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned of further price cuts in filling stations as some lowered costs below Dangote's rate.
A crypto and digital security expert, Taiwo Owolabi, has said that unless CBEX, the recently crashed Ponzi scheme platform, gets $100, users will remain locked out.
The US rating agency, Fitch Ratings, has projected that Nigeria may spend about $5.2 billion on external debt servicing in IN 2025, exceeding 2024 record.
The Lagos State Deputy Governor, Obafemi Hamzat, has decried the N29 million electricity bill he received from Eko Electricity Distribution Company in April 2025.
The Nigerian government has promised to address the N4 trillion debt owed to electricity companies following threats by the firms to shut down operations.
Pascal Oparada
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