NEWS
FG Orders Discos To Publish Details Of Meter Refunds
The Federal Government, through NERC, has directed all electricity distribution companies to publish the refunds they have made to customers who purchased meters under the Meter Asset Providers scheme. The NERC announced this on its social media handles on Monday. On Monday, the commission held the first Nigerian Electricity Supply Industry Stakeholders meeting in 2025. The MAP framework provides for the provision...
Subscribers Lament As MultiChoice Raises DStv Subscription By 21%
Pay-TV operator MultiChoice Nigeria has announced a 21 percent increase in the subscription fee for its DStv Compact package, raising the price from N15,700 to N19,000, effective March 1, 2025. This latest adjustment follows a similar price hike in May 2024, which the company attributed to inflation and rising operational costs in Nigeria. The announcement has triggered widespread criticism from subscribers,...
Senate Urges FG, States To Firm Up Agreement
The Organised Private Sector on Monday demanded a fresh review of the Tax Bills, particularly, the proposed increase in the Value Added Tax which it said would discourage investment in the economy. The Association of Capital Market Academies of Nigeria, and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture were concerned by the planned hike in VAT...
“CBN’s Forex Policies Working” – Rewane
Bismarck Rewane, the managing director of Financial Derivatives Company, has said he is confident in the foreign exchange policies of the Central Bank of Nigeria because they are working well and bringing the value of the naira closer to its fair value. Rewane expressed his thoughts on the Global Business Report show on Arise TV on Monday. The naira has been...
“I’m Too Busy For Media Battle” – Ribadu Replies El-Rufai
The National Security Adviser, Nuhu Ribadu, has refuted an allegation made by a former governor of Kaduna State, Nasir El-Rufai, that he is planning to tarnish his reputation because of his 2031 presidential ambition. El-Rufai, in an interview with Arise TV on Monday, accused Ribadu of collaborating with Governor Uba Sani of Kaduna State and the Independent Corrupt Practices and Other...
Young Mother Allegedly Throws Newborn To Death From Hotel Window
According to a police source and French prosecutors, a newborn baby in Paris died on Monday after his 18-year-old American mother threw him out a hotel window while the umbilical cord was still attached. She threw the infant from the second-floor window of a hotel in the 20th arrondissement in eastern Paris, the prosecutor’s office said. “The newborn was given emergency...
Two Fake Officials Nabbed By NSCDC In Kano
Two suspected criminals were taken into custody by Nigeria Security and Civil Defense Corps operations from the Kano State Command for posing as civil defense employees. The Command’s Public Relations Officer, Ibrahim Abdullahi, confirmed the arrest in a statement he released on Monday. He said the suspects, Muhammad Sarari, 43, a resident of Goron Dutse, Dala local government, and Madaki Zaharaddeen,...
Multichoice Ups DStv, GOtv Prices — See Full List
The DStv and GOtv packages offered by Multichoice will see price increases starting on March 1, 2025. This was disclosed in a statement to its customers on Monday. The statement titled, “Price adjustments for DStv and GOtv packages,” read, “Dear Customer, please note that effective 1 March 2025, there will be a price adjustment on all DStv packages. “This is to enable...
NAFDAC Cautions Against Risk Of Calcium Carbide For Fruit Ripening
The National Agency for Food and Drug Administration and Control has issued a warning to fruit vendors and dealers about the use of calcium carbide in commercial fruit ripening. The warning was made by the NAFDAC Coordinator in Sokoto state, Mr Abdulsalam Lawal, during a public awareness campaign at a fruit market on Monday in Sokoto. Lawal urged fruit dealers and...
Akpabio: Over 30% Of Nigerians Not Paying Taxes
Senate President Godswill Akpabio has stated that while only 30% of Nigerians pay taxes to the Federal Government, many of them want the best services possible from the government in areas like security, education, and infrastructure. Speaking on Monday while declaring open the public hearing on tax reform bills forwarded to both chambers on October 3, 2024, by President Bola...
