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Shettima arrives Asaba for Delta investment summit

Conferences

Guinea opts out of ECOWAS single currency plan

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I went from dollar millionaire to labourer in England

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W’Africa needs $100bn annually to meet developmental goals —

Economy

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YouTube music to support subscribing to podcasts via RSS
Tech

Google secretly increases YouTube Premium, YouTube Music prices

YouTube Premium’s monthly subscription cost has surged by $2, bringing it to $13.99 in the United States, reports revealed. The price adjustment, which also impacts the annual subscription now amounts to $139.99 as a result of a $20 increase. Meanwhile, YouTube Music, the music streaming platform available standalone or as part of a YouTube Premium […]

Naira plunges to record low against pounds
Economy

Naira crashes to N888/$1 on Binance

The naira/dollar exchange rate has fallen to N888/$1 on the cryptocurrency market, Binance. Currency limitations have previously been noted as a significant barrier for international companies wishing to engage in Nigeria, the continent’s top oil producer. Despite the fact that the CBN’s decision to loosen the currency peg was made to address this problem, the demand […]

Economy

Naira crashes to N888/$1 on Binance

The naira/dollar exchange rate has fallen to N888/$1 on the cryptocurrency market, Binance. Currency limitations have previously been noted as a significant barrier for international companies wishing to engage in Nigeria, the continent’s top oil producer. Despite the fact that the CBN’s decision to loosen the currency peg was made to address this problem, the demand […]

Loan apps: FCCPC to address rising debt with new policy
News

Registered loan apps use alternative channels to harass debtors – FCCPC

The Federal Competition and Consumer Protection Commission have conducted investigations that have shown that some licensed and authorized digital money lenders, also known as loan apps, are using other ways to carry on with their illicit activities. According to the Commission, the businesses in question are Purple Credit Limited and Sycamore Integrated Solutions Limited. The […]

PoS transactions hit N223tn as Nigerians shift away from ATMs
Business

PoS operators insist on new charges

The Association of Mobile Money and Bank Agents in Nigeria’s national public relations officer, Oluwasegun Elegbede, has demanded new service charge prices. The association’s PoS agents recently disclosed hikes in the cost of PoS transaction expenses and began implementing new prices on Monday. However, the Federal Competition and Consumer Protection Commission then took measures to halt […]

Elon Musk discloses plans for self-driving cars
News Tech

Elon Musk discloses plans for self-driving cars

The CEO of Tesla, Elon Musk, announced new goals for artificial intelligence products on Wednesday. Those included the use of humanoid robots in factories and self-driving software, while he conceded that he had previously been overly enthusiastic. Musk noted that the producer of electric vehicles is in preliminary discussions with a significant automaker to licence […]

Apple's iOS 17 to introduce "Personal Voice" feature
Tech

Apple’s iOS 17 to introduce “Personal Voice” feature

Apple’s upcoming major software update for the iPhone, iOS 17, will unveil a game-changing accessibility feature known as “personal voice.” This innovative tool is specifically designed to assist individuals who may face challenges in speaking, whether due to potential loss of speech ability or difficulties in articulation. The “personal voice” feature will reside within the […]

Naira plunges to record low against pounds
Economy

Naira strengthens trades at 793.70/dollar

The naira strengthened against the US dollar by closing at N793.70/$ on the Investor & Exporter FX window on Wednesday. Reports revealed that the local currency had previously traded at N825 a week earlier, a downward slide that has been experienced over the past few weeks. The Punch reported that as of the close of […]

Marketer denies supplying Max Air with contaminated fuel
Aviation

Marketer denies supplying Max Air with contaminated fuel

The company run by the family of Nigerian socialite, Bola Shagaya’s Octavus, has denied supplying Max Air with contaminated fuel. This came after reports on Tuesday that claimed Octavus had given Max Air tainted Jet A1, which ultimately resulted in the grounding of its 5N-MHM aircraft and penalties from the Nigerian Civil Aviation Authority. This […]

Four consortia to repair deteriorated pipelines - NNPCL
Oil and Gas

NNPCL monopoly ends as marketer’s fuel vessel arrives

The first shipment of petrol, 27 million liters imported by an unaffiliated marketer, has arrived in the country, ending the Nigerian National Petroleum Company Limited’s prior downstream monopoly. The ship, ST Nnene, which had been scheduled to come since last week but was delayed by bad weather off the coast of Lome, launched at Ijegun-Egba on […]

Netflix's ad-supported subscription plan rises to 94m users
News Tech

Netflix begins password-sharing crackdown in India

Netflix will crack down on password sharing with customers in India and every other market Starting on Thursday. A limited test of the restriction, according to the global streaming juggernaut, helped the company add roughly 6 million customers in the quarter ending in June. The streaming giant declared that in almost all of its remaining […]

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