By Jemimah Wellington, JKNewsMedia Reporter THE OPERATOR of DStv and GOtv, MultiChoice Nigeria, faces backlash over another subscription fee hike, sparking concerns among consumers. Towards this end, the Federal Competition and Consumer Protection Commission (FCCPC) has summoned the company to justify the latest increase, which takes effect o...
By Jemimah Wellington, JKNewsMedia Reporter PETROL PRICES have dropped as Dangote Petroleum Refinery reduced its ex-depot rate from N890 to N825 per litre, offering relief to consumers across Nigeria. The company said the revised pricing takes effect from 27th February 2025. Under the new structure, MRS Holdings stations will sell at N860 per...
By NANÂ THE FEDERAL Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President Bola Tinubu made this known on Tuesday, while officially declaring the eight edition of the Nigeria International E...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA IS set to invest $2 billion in digital infrastructure to enhance the nation’s connectivity, improve digital services, and strengthen data security. The initiative aims to accelerate economic growth and ensure the protection of digital identities and rights across the country. Minister of Com...
By Jemimah Wellington, JKNewsMedia Reporter AFRICA IS emerging as a key player in the global energy market, with Nigeria positioned at the forefront as the continent’s largest oil and gas producer. The increasing demand for energy worldwide underscores the region’s potential, as industry leaders push for more investment and infrastructure dev...
By Jemimah Wellington, JKNewsMedia Reporter ELECTRICITY GENERATION in Nigeria has reached an all-time high of 5,543 megawatts (MW), marking a significant milestone in the country’s power sector. The Transmission Company of Nigeria (TCN) confirmed that the new peak was recorded at 11:00 p.m. on February 14, 2025, surpassing the previous day’s ...
By Joke Kujenya RISING LEVELS of hunger and malnutrition continue to challenge many low-income nations, especially in Africa, with millions facing severe food insecurity. The crisis, intensified by conflicts and climate change, has worsened in East and West Africa, where nearly 111 million people are at risk, according to the World Bank’...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIANS ARE reeling from the latest hike in data prices by MTN Nigeria Communications Plc, with subscribers expressing outrage over the sharp increase in costs. The telecom company is said to have raised the price of its 15GB weekly data plan from N2,000 to N6,000, representing a staggering 200 pe...
By Rosheedat Akinkunle, JKNewsMedia Reporter SECURING FUNDING for Nigeria’s critical minerals value chain has taken a significant step forward with the establishment of a dedicated study facility. The Global Council for Critical Minerals, a specialised branch of the UN-backed Sustainable Energy for All (SEforALL), has provided financial suppo...
By Jemimah Wellington, JKNewsMedia Reporter THE EXCHANGE rate between the naira and the US dollar appeared steady mid-week, with the local currency trading at N1,605/$1 in the parallel market on February 5, 2025. Reports note that this followed a brief period of fluctuation earlier in the week, offering a glimpse of relative stability in the ...
