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Business and Economy
Multichoice Blames Nigerian Economy for Decline in DStv Subscribers
Multichoice Group, the African Pay-TV operator, has attributed an 18 percent decline in DStv active subscribers in Nigeria to the country's struggling economy. This...
NDIC Lists Heritage Bank’s Head Office and Other Assets for Sale
The Nigeria Deposit Insurance Corporation (NDIC) has listed the head office in Lagos and branches of the failed Heritage Bank for sale. This move...
Economic Devt.: Bayelsa Govt. Partners BOI
By Agbare KumoThe Bayelsa State Government has assured the Bank of Industry (BOI) of its readiness for effective partnership to drive sustainable industrial and...
CBN Reassures Public on Safety of Depositors’ Funds
The Central Bank of Nigeria (CBN) has reaffirmed the safety of depositors' funds and the robustness of the banking system. This assurance was given...
Smuggled Nigerian Petrol Floods West African Markets, Sells for N1,700/Litre
The Federal Government raised concerns on Monday about the increased smuggling of Premium Motor Spirit (PMS), commonly known as petrol, driven by significant price...
Petrol Price Could Drop to ₦300/Litre, Say Modular Refineries
By Milcah TanimuOperators of modular refineries in Nigeria have suggested that the price of Premium Motor Spirit (PMS), commonly known as petrol,...
BREAKING: Tribunal Fines DSTV, GOTV N150m, Orders One-Month Free Subscriptions
On Friday, the Competition and Consumer Protection Tribunal fined Multichoice Nigeria, the owners of DSTV and GOTV services, N150 million for disobeying its orders....
Nigeria’s Economy to Reach $1.85 Trillion by 2029, Predicts IMF
The International Monetary Fund (IMF) has projected that Nigeria's economy will reach $1.85 trillion by 2029 in Purchasing Power Parity (PPP) terms. This forecast...
Stock Market Investors Gain ₦15.3 Trillion in Five Months Amid Economic Challenges
Despite facing significant economic challenges, investors in Nigeria's stock market gained a total of ₦15.25 trillion in the first five months of 2024, according...
Cooking Gas Export Ban Leads to Domestic Price Drop – Marketers
The Federal Government’s ban on the export of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has resulted in a significant price reduction...
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