Page 6 - Pascal Oparada News Today

The Nigerian government has unveiled the Presidential Conditional Grant Scheme to business owners in all 774 local government areas of the country.

Nigerians have reported a rise in the price of rice, with many brands selling close to N100,000 per 50kg. However, some retailers have identified cheapest brands

Analysts and stockbrokers across Nigerian have spoken highly of the potential of Transcorp shares after its subsidiary, Transcorp crossed the N2 trillion market cap.

Airlines in Nigeria have reported a drop in the number of passengers due to the high cost of air tickets, with the Lagos-Abuja route costing more than N400, 000.

The disparity between the official and parallel markets seems to have been dismantled as both markets seem to trade at almost the rates since Binance left Nigeria.

The Nigerian government has hit Binance, a cryptocurrency platform, with a $10 billion fine over foreign exchange infractions, saying it is illegal to fix FX rates.

More than 85 million bank accounts risk shut down starting March 1, 2024, following the directives by the Central Bank of Nigeria for customers to update accounts.

Aba Power Limited, a subsidiary of Geometric Power Plant, is billed to commence 24-hour power supply to about 9 out of 17 local government areas in Abia State.

The Nigerian Senate is seeking to increase the capital base of commercial banks in Nigeria to N1 trillion following the crash of the naira against the dollar.

A Federal High Court in Lagos has barred telecommunication companies and the Nigerian government from blocking, barring or deactivating lines without NIN