
Pascal Oparada
5020 articles published since 29 Nov 2021
5020 articles published since 29 Nov 2021
About 27 UK companies have shown investment interest in Nigeria's financial technology and sustainable ecosystems during the visit of the London Mayor, Khan.
Filling stations, especially those selling Dangote Refinery petrol, have increased PMS prices following the suspension of fuel discount by the refinery.
The Nigerian currency, the naira, rebounded in the forex markets, thanks to $80 million intervention by the Central Bank of Nigeria to ease the FX liquidity crunch.
Dangote Refinery has allegedly dropped most of its marketing partners and filling stations, ending its fuel discount with them, citing racketeering as the reason.
The Nigerian government has secured a $500 million loan from the World Bank to boost the electricity sector and improve DisCos' performance nationwide.
The official foreign exchange window and the parallel market have finally converged to less than N2 as the naira depreciated to N1,533.11 and N1,532, respectively.
Nigeria's headline inflation has dropped from 22.97% in May to 22.22% in June, representing a 0.75 per cent decline, with some states recording low inflation.
Amid the ongoing recapitalisation drive announced by the Central Bank of Nigeria, several Nigerian banking stocks have been on a bullish run, driving the NGX.
United Bank for Africa's (UBA) chatbot, LEO, has become the first AI-powered chatbot to process cross-border payments using local currencies under PAPSS.
Pascal Oparada
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