Business
MultiChoice Loses $21m Deposited With Heritage Bank
South African entertainment giant, MultiChoice Group, has suffered a $21 million (₦31.6 billion) loss following the liquidation of Heritage Bank in Nigeria. The financial hit...
Business
NNPC Claims Crude Oil Production Hits 1.8 Million BPD in November
The Nigerian National Petroleum Corporation (NNPC) Limited has announced a significant milestone in the country’s crude oil production. According to NNPC, crude oil output reached...
Business
NNPCL Debunks Claims of Ending Fuel Imports
The Nigerian National Petroleum Company Limited (NNPCL) has firmly denied reports claiming it has ceased importing refined petroleum products. The company described the reports as...
Business
MultiChoice Nigeria Loses 243,000 Subscribers Amid Economic Hardship
South African pay-TV giant MultiChoice Group has reported a significant loss of subscribers in Nigeria, with its subsidiary, MultiChoice Nigeria, losing 243,000 customers on...
Business
NNPCL Confirms Ownership Stake in Dangote Refinery Amid Controversy
The Nigerian National Petroleum Company Limited (NNPCL) has revealed its position as a part-owner of the Dangote Refinery, affirming its commitment to the landmark...
Business
DStv Loses Over 1 Million Subscribers in Four Years
In a startling revelation, DStv, South Africa's leading pay-TV operator, has admitted to losing over 1 million subscribers across its Premium, Compact Plus, and...
Business
Manufacturers Lose ₦792 Billion Amid Naira Depreciation Crisis – MAN
The chairman of the Ogun State Manufacturers Association of Nigeria (MAN), George Onafowokan, has sounded an alarm over the deepening crisis in Nigeria’s manufacturing...
Business
NNPCL Ends Fuel Importation, Now Buys Exclusively from Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has officially ended its long-standing practice of importing refined petroleum products, now sourcing all fuel from local...