Elon Musk, the world’s richest man, has been announced as a new board member of Twitter. This is coming just after a recently released SEC…
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Category: Business
Multimillion naira gunboat sinks in Lagos-NIMASA denies responsibility
A multimillion naira gunboat reportedly in the fleet of Global West Vessels Specialists reportedly sank in Lagos on Sunday April 3. The gunboat was parked at the…
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Amid CBN interventions, Naira depreciated by N22 on the black market in Q1 2022
Despite multiple interventions by the Central Bank of Nigeria to defend the Naira, the Naira fell by N22 in the first quarter of 2022. At…
View More Amid CBN interventions, Naira depreciated by N22 on the black market in Q1 2022
Energy supply in Nigeria rises by 3.6% to 99,882MWh
Nigeria’s energy supply in Nigeria rose by 3.6% to 99,881.49 megawatt-hour (MWh) on Sunday, 3rd April 2022 compared to 96,438.51MWh recorded in the previous day.…
View More Energy supply in Nigeria rises by 3.6% to 99,882MWh
BREAKING: $7 million worth of Ether moved from address associated with Axie Infinity hack
On-chain data reveals that 2,001 Ether was moved today from the addresses connected to the $625 million exploit of Axie Infinity’s sidechain, the Ronin network.…
View More BREAKING: $7 million worth of Ether moved from address associated with Axie Infinity hack
SIM-NIN policy: 20.4 million Nigerians risk disconnection from GSM services
At least 20.4 million Nigerians risk being disconnected from telecommunication services if the Federal Government implements the National Identification Number–Subscriber Identity Module policy as it…
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Tribunal stops Multi-Choice from increasing DStv, GOtv tariffs
A Competition and Consumer Protection Tribunal sitting in Abuja has restrained Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled…
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Court acquits former GMD of NNPC of money laundering charges after five years
The Federal High Court, Abuja has discharged and acquitted Andrew Yakubu, a former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) on…
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BREAKING: Senate directs pay-tv service providers to revert to pay-per-view module
The Nigerian Senate on Wednesday adopted a motion directing all pay television service providers to revert to pay per view module as against the mandatory…
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FCCPC laments hardship faced by consumers, moves to stop Discos from estimated billings
The Federal Competition and Consumer Protection Commission (FCCPC) has lamented the level of hardship imposed on consumers via the economic crisis bedeviling the nation, saying…
View More FCCPC laments hardship faced by consumers, moves to stop Discos from estimated billings