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Category: Business
MultiChoice reveals stance on cost of subscription
MultiChoice, the parent company of DStv and GOtv pay television in Nigeria has denied slashing its subscription fees in Nigeria amid a recent drop in…
N17bn debt: GTBank drags 60 bank chiefs to court
Guaranty Trust Bank has dragged no fewer than 60 top executives of 13 commercial banks to court as a pending suit between GTBank and Afex…
Power outage hits Ghana, others as Nigeria’s gas disruption lingers
Some parts of Ghana and other West African countries are currently experiencing blackouts due to a lingering disruption in gas supply from Nigeria.According to findings…
Tinubu appoints Gbeleyi as DG of BPE
President Bola Tinubu has approved the appointment of Ayodeji Gbeleyi as the Director General of the Bureau of Public Enterprises, BPE.Presidential spokesperson, Ajuri Ngelale disclosed…
Nigerian govt to revoke firm’s licence after illegal mining activities killed three in Niger
The Nigerian federal government has said it will revoke the mining licence of a mining company over the deaths of three miners in Niger State’s…
Marketers distribute 25 million litres Dangote diesel
Independent marketers have lifted and distributed over 25 million litres of Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery in less…
More misery for Nigerians as food inflation rises to 40.66%
Economic hardship in Nigeria has worsened as the country’s food inflation increased to 40.66 percent in May 2024 from 24.82 percent as recorded in the…
Naira depreciates against dollar as FX supply drops
The naira depreciated against the dollar at the foreign exchange market to resume trading after the June 12 Democracy Day celebration as FX turnover transactions…
FG seeks $500m World Bank loan to fix rural roads, food price hike
The Nigerian federal government is seeking a $500 million loan from the World Bank to fix rural roads, improve access to agricultural products nationwide, and…
My refinery will reduce fuel price in Nigeria – Dangote
The Chairman of Dangote Group, Aliko Dangote, has said his $20 billion 650,000 barrels per day Lagos-based refinery will crash the price of fuel as…