Canal+ Completes $3 Billion Acquisition of MultiChoice, Owner of DStv and...
In a game-changing move for Africa’s media landscape, French media giant Canal+ has officially taken full control of MultiChoice Group—the parent company of DStv...
Naira Falls to N1,555/$ at Parallel Market as Official Rate Slips...
The Naira continued its downward slide on Tuesday, July 18, 2025, as it depreciated to N1,555 per dollar in the parallel market, down from...
Naira Depreciates Slightly at Official Market, Gains at Black Market
The Nigerian naira recorded a marginal depreciation at the official foreign exchange market on Thursday, according to data released by the Central Bank of...
MultiChoice Rules Out Pay-Per-View Sports as Subscriber Losses Mount
MultiChoice, Africa’s leading pay-TV operator, has ruled out introducing pay-per-view (PPV) options for sporting events, even as it battles a sharp decline in subscriber...
Jeff Bezos Sells $665 Million in Amazon Stock as Part of...
Amazon founder and executive chairman Jeff Bezos has sold nearly $665.8 million worth of Amazon stock, according to recent U.S. Securities and Exchange Commission...
FIRS to Monitor Bank Accounts with ₦5M+ Monthly Transactions from 2026
Beginning January 1, 2026, banks in Nigeria will be legally required to report all customer accounts with monthly transactions of ₦5 million or more...
Dangote Refinery Slashes Petrol Price to N820 per Litre
Dangote Petroleum Refinery has announced a fresh reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, bringing the rate...
NDPC Fines Multichoice Nigeria ₦766.2 Million Over Data Privacy Violations
The Nigeria Data Protection Commission (NDPC) has imposed a ₦766.2 million fine on Multichoice Nigeria for breaching the Nigeria Data Protection Act (NDPA).
The development...
UBA, Wema, GTBank Resume International Transactions on Naira Cards After 3-Year...
In a major boost for Nigerian cardholders, three leading commercial banks—United Bank for Africa (UBA), Wema Bank, and Guaranty Trust Bank (GTB)—have reinstated international...
Dangote Refinery Reduces Petrol Price to N865/Litre Amid Renewed Naira-for-Crude Policy...
In a significant development for Nigeria’s downstream oil sector, the Dangote Refinery has reduced the price of petrol at its loading point to N865...