Shoprite to shut Abuja branch By Month End

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Shoprite Mall has stated that it will close one of its Abuja locations on June 30, 2024, after thoroughly examining the store's financial status...

Multichoice appeals Tribunal’s ‘free subscription order’ for DSTV, GOTV subscribers in...

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Multichoice Nigeria, a prominent pay-TV operator, has filed an appeal against the Competition and Consumer Protection Tribunal's ruling imposing a N150 million fine and...

Multichoice adjusts subscription prices For Dstv, Gotv after court order

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MultiChoice, which owns DStv and GOtv, has raised subscription rates for both services. This modification occurred following a court ruling directing the pay television firm...

Multichoice to appeal tribunal ruling

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On Friday, Multichoice Nigeria said that it will appeal the Competition and Consumer Protection Tribunal's verdict. A three-man panel chaired by Justice Thomas Okosu had...

Huggies Diaper Reportedly Sets to Leaving Nigeria Over Cost of Operation

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Kimberly-Clark, the developer of the well-known diaper brand 'Huggies' and various sanitary pads, is preparing to close its production factory in Ikorodu, Nigeria, after...

JUST IN: Official exchange rate falls to N1520/$1

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On Tuesday, May 14, 2024, the exchange rate between the Naira and the dollar decreased to N1,520.4/$ at the official NAFEM window, a 2.78%...

Best Practices for Evaluating Vendor Responses to Requests for Proposal

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Navigating vendor responses to a request for proposal (RFP) can be a large and complex task for businesses. With a multitude of responses and...

Nigerian banks ordered by CBN to charge 0.5% cybersecurity levy

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The Central Bank of Nigeria (CBN) issued a circular on Monday requiring banks to begin imposing a cybersecurity levy on transactions. The levy is scheduled...

BREAKING: FG to delist Naira from peer-to-peer platforms amid FX Crisis

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The Federal Government has disclosed plans to delist the Naira from all peer-to-peer, P2P, platforms. The Director General of the Securities and Exchange Commission, Emomotimi...

NDIC raises deposit insurance coverage level for banks nationwide

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The Nigeria Deposit Insurance Corporation has announced a revision in the Maximum Deposit Insurance Coverage for banks in the country. At a press conference in...