DSTV price hike: More Nigerians consider SLTV, others

By Adetutu Sobowale Following the decision of the broadcasting company, Multichoice to increase the prices of its offerings in Nigeria four months after its last increment many people have been on the search... Read more »

Local firms, IOCs to bid for 12 onshore, 7 deep offshore oil blocks

…As FG woos investors at OTC 2024 By Udeme Akpan, Energy Editor, in Houston, Texas Many indigenous companies and International Oil Companies, IOCs, have indicated interest in bidding for the 12 onshore... Read more »

FCCPC vows to clamp down on loan apps harassing customers

By Olaniyi Apanpa The Federal Competition and Consumer Protection Commission says it will begin the process of blocking loan apps that harass their customers. Many Nigerians have complained about the harassment they are... Read more »

Fallout of Petrol Scarcity: Prices of pepper, foodstuff rise

Nigerians are faced with what could be best described as a double whammy of fuel scarcity and poor electricity supply that left them frustrated and angry as they struggled to go about their daily... Read more »

Operation Rescue Naira: FG plans strict rules for $57bn crypto businesses

By Justice Okamgba, Oluwakemi Abimbola The Federal Government may consider the suspension of the $56.7bn peer-to-peer cryptocurrency market after a crucial meeting between the Securities and Exchange Commission, and digital asset operators scheduled... Read more »

Don’t trade in crypto, Opay, PalmPay, others warn customers

By Justice Okamgba Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging in such activities. At least... Read more »

Naira depreciates to N1,365/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,365 per dollar in the parallel market, from N1,320 per dollar on Tuesday. Similarly, the Naira depreciated in the Nigerian Foreign Exchange Market, NAFEM,... Read more »

Fuel supply: 9,000 marketers may lose licences, seek FG’s intervention

•IPMAN begs NMDPRA, NNPC not to delist operators from sales portal to avert fuel crisis •Queues persist as more filling stations open for sale, pump price drops marginally As Nigerians battle fuel... Read more »

Tariff hike: Tribunal orders substituted service of interim order on MultiChoice

A Competition and Consumer Protection Tribunal (CCPT) sitting in Abuja has granted an application for substituted service of the interim order, restraining Multi-Choice Nigeria Limited from its plan to increase tariffs on... Read more »

Naira rebounds as dollar supply hits $7bn in two months

By Damilola Aina Dollar supply in the official foreign exchange market reached a substantial sum of $7.3bn in the months of March and April, findings by The PUNCH have shown. This is as the naira... Read more »