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FCCPC drags MultiChoice to court over price increase

By The Insight Team March 5, 2025 608

mostbet mostbet az mostbet mostbet az mostbet mostbet mostbet az mostbet Daniel Adaji The Federal Competition and Consumer Protection Commission has taken legal action against MultiChoice Nigeria Limited and its Chief Executive Officer, John Ugbe, over the company’s decision to increase subscription prices for DStv and GOtv in violation of regulatory directives. This is according to a statement on Wednesday by Director, Corporate Affairs at Continue Reading

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PRICE WAR: Dangote Refinery Forces NNPCL to Slash Pump Prices by N60 Per Litre

By The Insight Team March 4, 2025 696

By Emmanuel Kwada The Nigerian National Petroleum Company Limited (NNPCL) has slashed the pump price of Premium Motor Spirit (PMS), commonly known as petrol, following a series of strategic price reductions by the Dangote Petroleum Refinery. This development, described by industry observers as a “price war,” has sparked widespread optimism among Nigerians, who Continue Reading

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FCCPC orders MultiChoice to maintain subscription prices pending probe

By The Insight Team February 27, 2025 494

Daniel Adaji, Abuja The Federal Competition and Consumer Protection Commission has directed MultiChoice Nigeria to keep its current subscription prices unchanged while an ongoing investigation into its proposed price hike is underway. This directive was issued after MultiChoice Nigeria requested an extension for its scheduled appearance before the Commission. According to Continue Reading

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40m of land eroded in southern Nigeria annually – Minister

By The Insight Team February 27, 2025 714

By Emmanuel Kwada Southern Nigeria is losing between 30 to 40 meters of land to coastal erosion every year, a crisis that demands urgent intervention, Nigeria’s Minister of Innovation, Science, and Technology, Chief Uche Geoffrey Nnaji, has warned. The Minister disclosed this in a statement on Thursday by the Director Media and Corporate Communications at […]Continue Reading

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JUST IN: FG Plans Electricity Tariff Review for Band B, C Customers

By The Insight Team February 27, 2025 1129

By Emmanuel Kwada In a bid to address inequities in electricity pricing and spur investment in Nigeria’s beleaguered power sector, the Federal Government has unveiled plans to review the tariff structure, particularly for customers in Bands B and C. The announcement was made by the Minister of Power, Adebayo Adelabu, during the public presentation of […]Continue Reading

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FG commissions 990kW mini-grid in Niger community

By The Insight Team February 27, 2025 570

Daniel Adaji, Abuja The Federal Government has reaffirmed its commitment to expanding energy access in rural communities with the commissioning of a 990kW solar hybrid mini-grid in Lambata, Gurara Local Government Area of Niger State. The project, expected to benefit about 3,900 households, was officially inaugurated on Wednesday by the Minister of Power, Chief Adebayo Continue Reading

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FG moves to revamp, eliminate fake cooperative societies

By The Insight Team February 27, 2025 553

Daniel Adaji, Abuja The Federal Government has reaffirmed its commitment to overhauling Nigeria’s cooperative societies, vowing to eliminate fake and corrupt entities that exploit innocent citizens. The Minister of State for Agriculture and Food Security, Aliyu Abdullahi, disclosed this in Kaduna at the National Intensive Training Workshop for trustees, management Continue Reading

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FMBN’s operational surplus hits thirty-year high of N11.58bn

By The Insight Team February 26, 2025 579

By Daniel Adaji, Abuja The Federal Mortgage Bank of Nigeria has recorded an operational surplus of N11.58bn in its 2024 management accounts, marking the first time in over 30 years that the institution has achieved such a financial milestone. This was disclosed on Wednesday by the Managing Director/Chief Executive of FMBN, Shehu Osidi, at a […]Continue Reading

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FCCPC Summons MultiChoice Over Subscription Price Hike

By The Insight Team February 25, 2025 473

Daniel Adaji The Federal Competition and Consumer Protection Commission has summoned MultiChoice Nigeria to explain its planned subscription price increase, set to take effect on March 1, 2025. According to a statement on Tuesday by FCCPC’s Director, Corporate Affairs, Ondaje Ijagwu, the Commission exercised its mandate under Sections 32 and 33 of the FCCPA to […]Continue Reading

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Nigeria, Brazil Partner to Recruit 37,000 Livestock Farmers

By The Insight Team February 25, 2025 574

Daniel Adaji, Abuja The Federal Government has announced plans to recruit 37,000 youths into livestock farming through the Presidential Initiative on Youths and Livestock Development, in collaboration with Brazil’s JBS S.A Executive Group. Speaking during a visit by a JBS S.A delegation to the Ministry of Livestock Development in Abuja on Monday, Minister Idi Maiha […]Continue Reading

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Umahi Celebrates Ebonyi Governor Nwifuru’s 50th Birthday

By The Insight Team February 25, 2025 720

Daniel Adaji The Minister of Works, Senator David Umahi, has extended warm felicitations to the Governor of Ebonyi State, Francis Nwifuru, on the occasion of his 50th birthday. “I convey with profound pleasure my warm felicitations to the Governor of Ebonyi State, His Excellency, Rt. Hon. Bldr. Prince Francis Ogbonna Nwifuru, FNIOB, GGCEHF, on this […]Continue Reading

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Nigeria Hosts 1,000 Stakeholders to Transform Raw Materials Industry

By The Insight Team February 24, 2025 600

…Targets 3 million jobs annually   By Sanni Marvelous Nigeria is set to host over 1,000 stakeholders at the Africa Raw Materials Summit 2025, an event aimed at transforming the continent’s raw materials sector. The country is also eyeing the creation of about 3 million jobs annually from the transformation of the raw materials industry. […]Continue Reading