Despite high inflation, fuel shortages and frequent electricity blackouts in Nigeria, South African-based pay-TV operator MultiChoice Group’s full-year 2022 results showed Nigeria leads the Rest of Africa (RoA) in the percentage of subscription revenue and y-o-y subscription growth. Checks showed…
The National Agency for Food and Drug Administration and Control (NAFDAC) says it received safety information from the European Rapid Alert System for dangerous non-food products (RAPEX) that a cosmetic product, Placentyne Hair Lotion, has been banned. This disclosure is…
A stockbroker, Mr Abiodun Fagbohun, says the Debt Management Office designed the Federal Government of Nigeria (FGN) bond to accommodate small-time, retail investors. Fagbohun, the Chief Executive Officer of a stockbroking firm told journalists on Friday in Abuja that the…
The Lagos State Government says the 7th edition of the Micro, Small and Medium Enterprises (MSMEs) Exclusive Fair will improve operators’ growth opportunities and increase market access to made-in-Lagos products. The Commissioner for Commerce, Industry and Cooperatives, Dr Lola Akande, made…
The Nigerian Ports Authority (NPA) on Friday said that 28 ships are expected to arrive Lagos ports from June 24 to July 7. According to NPA’s daily ‘Shipping Position,’ the ships are expected to arrive at the Lagos Port Complex…
The exchange rate between the naira and the US dollar closed at N420/$1 at the Investors and Exporters (I&E) window. Naira gained against the US dollar on Thursday, reaching its highest level in the week to close at N420.17/$1, representing…
The Federal Government has revealed that it has started the implementation of a N10 per litre sugar tax on carbonated sugar drinks and beverages which they say will help combat Non-communicable Diseases. The policy was introduced in the Finance Act…
The Nigerian Communication Commission and MTN Nigeria have announced the date for the rollout of 5G technology in Nigeria. This was disclosed in by the NCC and the mobile operator at the 90th Edition of Telecom Consumer Parliament (TCP) held…
Industrial and Medical Gases Nigeria (IMG) Plc, a leading manufacturer of gases, has declared a net profit of N372 million for 2021 financial year. The profit represented an increase of 27 per cent when compared with N292 million achieved in…
By Ogaga Ariemu With National Information Technology Agency (NITDA) New Code of Conduct for online platforms, Nigerians, users of interactive computers would now have the advantage of operating in a civil environment yet impact Nigeria’s economy, Nigerian NewsDirect learnt. Mixed…
