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14

Telcos Finally Begin 50% Hike in Data, Call Prices

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By Adedapo Adesanya Some Nigerian telecommunication service providers (telcos) have started hiking their tariffs following the approval granted by the Nigerian Communications Commission (NCC) in January. Subscribers of MTN Nigeria and…

The Power Trio: How Sales, Finance, and Marketing Rescue PR from the ROI Dilemma

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By Philip Odiakose Over the years, the conversation around PR measurement has evolved, yet one persistent challenge remains — how to prove the financial return on investment (ROI) of public relations efforts. I have shared my thoughts on…

Raenest Receives $11m to Boost Cross-Border Transactions

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By Adedapo Adesanya Global multi-currency accounts platform, Raenest, has secured $11 million Series A investment as it plans to expand its cross-border money management for Africans. The round was led by QED Investors, with participation…

13

MTN Raises 1.5TB Yearly Data Plan to N240k, N20GB Now N7,500

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By Dipo Olowookere MTN Nigeria has increased tariff for its data services after the Nigerian Communications Commission (NCC) authorised operators in the country to hike call, data, and SMS rates by 50 per cent. Checks by Business Post on…

Dangote Eyes 100% Refining Capacity in 30 Days

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By Adedapo Adesanya Dangote Oil Refinery is on track to achieve full operational capacity within the next 30 days, according to Mr Edwin Devakumar, Dangote Group’s Vice President for Oil and Gas. The 650,000-barrel-per-day facility, built…

11

What to Watch this February on Showmax

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This February, Showmax is serving a lineup of brand-new series, blockbuster movies, Emmy-winning stand-up, Grammy-nominated docs and cult-favourite classics to stream. See here for a full list of what to watch this February. DIDDY: THE…

Okitipupa Plc, Two Others Buoy Unlisted Equities by 0.46%

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By Adedapo Adesanya Three companies trading their shares on the NASD Over-the-Counter (OTC) Securities Exchange contributed to the 0.46 per cent appreciation recorded by the platform on Monday, February 10. Okitipupa Plc gained N9.33 to…

Nigerian Idol Prize Money: Who Owes K-Peace?

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By Oludayo Salami Kunle Ogunrombi, popularly known as K-Peace, has once again raised concerns about unpaid prize money from his 2015 victory on “Etisalat’s Nigerian Idol”. His recent interview on The Honest Bunch podcast has re-ignited…

10

Naira Depreciates to N1,503/$1 at NAFEM, N1,570/$1 at Black Market

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By Adedapo Adesanya The Naira opened the week on a negative note in the official and black market segments of the foreign exchange (FX) market on Monday amid renewed pressure. In the Nigerian Autonomous Foreign Exchange Market (NAFEM), the…

Oil Market Rises Overlooking Possible Global Trade War

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By Adedapo Adesanya The oil market rebounded on Monday despite lingering fears over a potential global trade war, with Brent crude futures gaining 87 cents or 1.2 per cent to trade at $75.53 a barrel and the US. West Texas Intermediate …

07

Nigerian Stock Market Closes Mixed as ASI, Market Cap Move in Different Directions

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By Dipo Olowookere The All-Share Index (ASI) and the market capitalisation of the Nigerian Exchange (NGX) Limited moved in different directions on Monday. Data showed that while the benchmark index depreciated by 0.04 per cent, the market…

CBN’s Monetary Policy Committee Meeting to Now Hold February 19

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By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the 299th Monetary Policy Committee meeting earlier slated for February 17 and 18, 2025, will now hold on February 19 and 20, 2025. In a statement on Monday, the apex bank…

06

Nigerian Manufacturers Fault Timing of 15% Port Charges Hike

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By Adedapo Adesanya The Manufacturers Association of Nigeria (MAN) has expressed concerns over the proposed 15 per cent increase in port-related charges by the Nigerian Ports Authority (NPA), making it unattractive for many who may opt for…

04

Dreamer’s Journey 2025″ – Empowering Families with Disabilities to Venture Beyond Hong Kong. “Soaring High • Transforming Growth” Hong Kong Press Conference

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HONG KONG SAR – Media OutReach Newswire – 11 February 2025 – On January 23, 2025, 50 selected children and youth with disabilities from under-privileged families in Hong Kong will experience flying and embark on a three-day, two-night trip…

Aurealis Spreads Chinese New Year Cheer with Willing Hearts Fundraising Drive

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SINGAPORE – Media OutReach Newswire – 11 February 2025 – Aurealis Serviced Apartments continues its yearly donation initiative to Willing Hearts with an increased variety of goods donated, benefitting elderly residents in Toa Payoh and…

Monday, Feb 10

18

FX Transactions: Court Jails Lagos BDC Operator Without CBN Licence

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By Modupe Gbadeyanka An unauthorised Bureaux De Change (BDC) operator, Mr Faruk Umar, has been convicted and sentenced to six months imprisonment by Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos. Justice Aneke…

17

VFD Grows 2024 Earnings by 84.45% on Strategic Investments, Divestments

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By Aduragbemi Omiyale Nigerian financial services provider VFD Group Plc impressed its shareholders with an 84.45 per cent improvement in its gross earnings in the 2024 fiscal year after making strategic investments in financial services,…

Adelabu Calls for Calm After 100 Days of UCH Power Outage

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By Adedapo Adesanya The Minister of Power, Mr Bayo Adelabu, on Monday addressed students of the University College Hospital (UCH), Ibadan who are staging a peaceful protest on the lingering power cut at the school. Business Post reports…

Regional Imbalance: CNPP Proposes Creation of Five States

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By Modupe Gbadeyanka The National Assembly has been advised to consider the creation of five additional states to address regional imbalance in the number of states in the country’s six geopolitical zones to ensure equity, fairness, and…

Nigeria, Bahrain to Strengthen Trade, Investment Ties

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By Adedapo Adesanya Nigeria and Bahrain are working to strengthen diplomatic ties, focusing on trade, investment, and oil and gas cooperation. The two countries recently engaged in bilateral discussions aimed at facilitating foreign direct…

16

Reducing Solar Panel Importation: A Path Toward Sustainable Energy in Nigeria

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Nigeria, a country blessed with abundant sunshine, faces a significant challenge in its solar energy sector. Despite its vast potential for harnessing solar power, the sector struggles with high importation costs, slow adoption rates, and…

15

The mass pilgrimage flocking to Ba Den Mountain, Tay Ninh at the beginning of the Lunar New Year

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BA DEN, VIETNAM – Media OutReach Newsdwire – 10 February 2025 – During the recent Lunar New Year, images capturing packed crowds at the foot of Ba Den Mountain, Tay Ninh resembling an emotive abstract painting, have created a sensation.…

13

Sen Babangida @61: A Catalyst of Northwest Sustainable Development

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By Ahmadu Dansardauna Giant strides made by man are usually relieved with pomp and pageantry .While some roll out the milestone amidst glass clinging. Some play the breakthrough low but all in praise and in anticipation of a better future…

OTC Exchange Records 2.1% Expansion in Sixth Trading Week of 2025

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By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange returned to the green territory in Week 6 of 2025 after it closed higher by 2.1 per cent last week. This increased the portfolios of investors by N37.43 billion to…

All About MelBet: License, Bonuses, Payment Ways, and Registration

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MelBet is a globally recognized stakes platform that circs an extensive ambit of sports act, casino games, and promotional. For those interested in learning more about MelBet’s legal status, bonus structures, and cozy registration process,…

12

Again, CBN Postpones MPC Meeting Till Further Notice

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By Adedapo Adesanya The Central Bank of Nigeria (CBN) has once again postponed its Monetary Policy Committee (MPC) meeting amid latest moves to rebase the formula for calculating Nigeria’s inflation figures. This will mark the second…

Energy Expert Advises Tinubu to End Petrol Import Racket

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By Aduragbemi Omiyale An energy expert, Mr Dan Kunle, has advised President Bola Tinubu to do everything possible to put an end to racketeering in the importation of Premium Motor Spirit (PMS), otherwise known as petrol in Nigeria.…

11

Tincan Island Port Sensitises Stakeholders on 4% FOB, B’Odogwu

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By Bon Peters In his continuous effort and renewed vigour to bring stakeholders up to speed on some of the emerging policies of the Nigeria Customs Service, the Customs Area Controller Tincan Island Port Command, Comptroller Frank Onyeka,…

10

NECA Seeks Halt to Customs’ New 4% Import Duty

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By Adedapo Adesanya The Nigeria Employers’ Consultative Association (NECA) has demanded a reversal of the four per cent charge on the Free on Board (FOB) value of imports by the Nigeria Customs Service (NCS). The call was made by NECA’s…

Akwa Ibom’s Public Service Reforms: A Model for Sub-National Governance

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By Ekaette Okon-Joseph When the Akwa Ibom State Governor, Mr Umo Eno, pledged to reposition the civil service as the cornerstone of governance and public service delivery, sceptics might have thought it was a campaign slogan. Today,…