Category: Business
IrokoTV to sack 150 staff, reduce investment in Africa
Jason Njoku, the chief executive officer of IrokoTV, one of Africa’s first mainstream online movie streaming websites, says the company will let 150 s [...]
FG postpones resumption of international flights
The Federal government has postponed the resumption of international flights scheduled for August 29th to September 5th in order to ensure all essenti [...]
Akinwunmi Adesina re elected AfDB president
Akinwumi Adesina has been re-elected as President of the Africa Development Bank by its Board of Governors.
The AFDB is currently holding its 55th An [...]
Buhari orders mass metering of electricity to end estimated billing
President Muhammadu Buhari has directed the commencement of a nationwide mass-metering programme as part of efforts to end estimated and arbitrary bil [...]
Access Bank urges customers to use alternative branches
Access Bank Plc has advised customers to use alternate branches following a fire that gutted one of its branches on Victoria Island, Lagos State.
T [...]
Access Bank commends firemen, banks, Chevron others for controlling fire at V.I. branch
Access Bank PLC has commended the Federal Fire Service and Lagos State Fire Service for their support in controlling a fire outbreak that occurred at [...]
Rich Nigerians to pay more for electricity
President Muhammadu Buhari has approved the implementation of the proposed cost-reflective electricity tariff for the Nigerian Electricity Supply Indu [...]
Filmmaker sues NBC, asks court to nullify amended broadcasting code
Charles Uwagbai, a Nigerian filmmaker, has instituted a lawsuit against the National Broadcasting Commission (NBC) over the controversial amendment of [...]
Nigeria’s economy records worst decline in 10 years
The Nigerian economy has declined by -6.10 per cent in the second quarter of 2020, indicating a significant negative growth. It is the worst in the la [...]
How new broadcasting code targets web TV, radio stations
Web TV and radio channels operating in Nigeria will henceforth be regulated under the same stringent policies that apply to traditional broadcasting c [...]