BUSINESS
DSTV, GoTV Users To Pay More From May 1 As Multichoice Announce Price Increase
MultiChoice Nigeria, on Tuesday, announced an upward review of prices on its DStv and GOtv packages by 17 per cent. This was confirmed in a text message sent to customers that the new rates will take effect on May 1, 2023. The pay-tv firm said the price adjustment was due to the rising costs of business operations. “Please note that from May...
Tinubu To Present 2024 Budget Wednesday
Barring any last minute changes, President Bola Tinubu will present the 2024 budget to a joint session of the National Assembly on Wednesday. This information was confirmed to journalists by the Secretary, Research and Information at the National Assembly, Dr Ali Umoru, who was at the Senate with respect to protocol arrangements. It was gathered that the number and category of...
NNPC Releases Estimated Pump Prices Nationwide After Lifting Dangote Refinery Petrol
The Nigerian National Petroleum Company (NNPC) has released a breakdown of estimated prices of Premium Motor Spirit (Petrol) from Dangote Refinery in retail stations across the country based on September 2024 pricing. The Spokesperson of NNPCL, Olufemi Soneye disclosed this in a statement on Monday. The company confirmed that it is paying Dangote Refinery in United States Dollars for the September...
Post-COVID-19: Obi Suggests Measures For Lifting Nigerians Out Of Poverty
Vice-presidential candidate of the Peoples Democratic Party (PDP), Mr Peter Obi, has suggested what he described as a pathway to national economic recovery, capable of lifting millions of Nigerians out of poverty. Obi, who spoke on a live television programme monitored in Lagos, explained that conscious investment in education, health and MSMEs (Micro, Small and Medium Enterprises) were what every...
Nigeria Owes China $3.714bn ― DMO
The Debt Management Office (DMO) had put Nigeria’s total loan obligations to China at $3.714 billion by the end of 2020. According to a document obtained from the debt agency, $449.89 million has been repaid from the principal and $391.66 million, as interest, with an outstanding of $3.264 billion to the China Export/Import Bank. The Nigerian Railway Modernisation Project (Lagos –...
Buhari To Lead 11 African Nations To Negotiate $19bn Soft Loan
The Pan Africa Great Green Wall (PAGGW) countries have appointed President Muhammadu Buhari President of the Heads of States and Government of the PAGGW to facilitate $5bn grant and $14bn soft loans for the agency. The minister of environment, Dr Mohammad Mahmood Abubakar, who disclosed this during the ministerial briefing on recent developments in the environment sector also said the...
Ikpeazu Seeks Collaboration Of French Govt In Developing Enyimba Economic City
The Governor of Abia State, Dr. Okezie Ikpeazu has sought the collaboration of the Government of France in attracting French companies to invest in the State, especially the Enyimba Economic City. Governor Ikpeazu spoke on Tuesday when he received in audience, the French Ambassador to Nigeria, Mr Jerome Pasquier who paid him a courtesy visit at his Umuobiakwa Country Home. In...
Togo, Benin Yet To Remit $14m Electricity Bill Owed To Nigeria — FG
None of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry made payment against the cumulative invoice of $14.19m issued by the market operator for services rendered in the first quarter of 2024. The Nigerian Electricity Regulatory Commission revealed this in a report sighted by our correspondent. The foreign companies are Para-SBEE...
After Lagos Stampede, Customs Suspends Food Distribution
The Nigeria Customs Service has announced the temporary suspension of the national food distribution initiative which it started it Lagos over the weekend over the unfortunate stampede which led to fatalities. The Service, in a statement by its National Public Relations Officer, Abdullahi Maiwada, said the intervention was aimed at alleviating the hardships faced by Nigerians and improving access to...
Trade Fair: Benjamin Kalu Hails Made-In -Aba Products (Photos)
The Member representing Bende federal Constituency and the Spokesperson of the House joined the Made in Aba Trade Fair in Abuja with an assurance of facilitating access to loan facilities for the artisans. At the trade fair which commenced on the 8th of November, 2021 at the FCT Sports Centre, Area 10, the federal lawmaker was welcomed cheerfully by the...
