Business

Crypto Space Agog As Pi Open Network Launches February 20

Crypto Space Agog As Pi Open Network Launches February 20

Crypto Space Agog As Pi Open Network Launches February 20 Pi open network is finally coming live on February 20, 2025. This is after about six of millions engaging with the coin. Pioneers l, as they referred to, would scream “finally!” The launch announcement was made via its X (Twitter) account in the early hours (Nigerian time) of today, February 12. According to @PiCoreTeam, “Pioneers, Open Network will launch at 8am UTC on February 20, 2025! “With millions of KYC-verified Pioneers and a thriving utilities-driven ecosystem, Open Network expands available opportunities, which allows Pioneers to connect Pi with external systems…
Read More
MTN Increases Data, SMS Price As Telecos Implement Approved 50% Hike

MTN Increases Data, SMS Price As Telecos Implement Approved 50% Hike

MTN Increases Data, SMS Price As Telcos Implement Approved 50% Hike MTN Nigeria has increased the price of its data subscriptions as telecommunications operators in Nigeria have begun the implementation of the 50% price increment recently approved by the Nigerian Communications Commission (NCC). The revised MTN data prices seen by Nairametrics show that MTN’s 1.8GB monthly plan now goes for N1,500. This replaces the previous 1.5GB plan priced at N1,000. The 20GB plan has been adjusted to N7,500, up from N5,500, while the 15GB plan now costs N6,500, a rise from N4,500. While other mobile operators comprising Airtel, Globacom, and…
Read More
MTN Breaks Silence Over Network Fluctuations

MTN Breaks Silence Over Network Fluctuations

MTN Breaks Silence Over Network Fluctuations Following widespread complaints over a major network outage that left subscribers unable to access internet services, MTN Nigeria has issued an official apology, assuring customers that services have been fully restored. In a message to affected users, the telecommunications giant stated: “Dear customer, we sincerely apologize for the challenges experienced with internet services yesterday in parts of Lagos State. “This has been resolved, and services are fully restored. Thank you for your understanding.” The outage which reportedly began on Friday and extended into Saturday, sparked frustration as customers struggled with disrupted communication and financial…
Read More
Ten Years After Abandonment, Hope Rises For ABA Mega Mall As Abia Government Holds Meeting With Management Team

Ten Years After Abandonment, Hope Rises For ABA Mega Mall As Abia Government Holds Meeting With Management Team

TEN YEARS AFTER ABANDONMENT, HOPE RISES FOR ABA MEGA MALL AS ABIA GOVERNMENT HOLDS MEETING WITH MANAGEMENT TEAM. Hope of revitalization and bouncing back have risen for the Aba Mega Mall Project after it was commissioned in May 2015 and abandoned same period by the previous administration in Abia State. Speaking to the Press after a crucial meeting with Abia State Governor, Dr. Alex Otti, OFR, the Greenfield Assets Limited Group Chairman and owners of the Mall, Dr. Paul Obanua who almost shaded tears of joy, expressed excitement over his deliberations with the Governor and possible partnership that is in…
Read More
Fuel Marketers Ordered To Reduce Price As Dangote Crashes Supply Rate To N890 Per Litre

Fuel Marketers Ordered To Reduce Price As Dangote Crashes Supply Rate To N890 Per Litre

Fuel marketers ordered to reduce price as Dangote crashes supply rate to N890 per litre The Petroleum Products Retail Outlets Owners Association of Nigeria has urged marketers to reduce the price of Premium Motor Spirit, aka petrol, following the reduction in the ex-depot price of the product from N950 to N890 per litre by the Dangote refinery. Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday. Mr Anthony Chiejina, the Group Chief Branding and Communications Officer, Dangote Petroleum Refinery, said this in a statement on Saturday…
Read More
The Final Frontier Of Finance: How Cryptocurrency Is Revolutionizing Space Trade – By Chukwuemeka Ifegwu Eke

The Final Frontier Of Finance: How Cryptocurrency Is Revolutionizing Space Trade – By Chukwuemeka Ifegwu Eke

The Final Frontier of Finance: How Cryptocurrency is Revolutionizing Space Trade Cryptocurrency has been gaining traction in recent years, and its potential applications extend far beyond Earth's borders. One exciting prospect is the enablement of interplanetary trade. As space exploration and colonization become increasingly feasible, the need for a reliable and efficient medium of exchange will arise. Cryptocurrency, with its decentralized and digital nature, is well-positioned to fill this need. The concept of interplanetary trade may seem like science fiction, but it's an idea that's being taken seriously by space agencies and private companies. NASA, for example, has already begun…
Read More
Dangote Refinery Crashes Petrol Price

Dangote Refinery Crashes Petrol Price

Dangote Refinery Crashes Petrol Price Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890, effective from Saturday. In a statement, the company said the price adjustment is in response to favourable developments in the global energy sector and a significant decline in international crude oil prices. “Dangote Refinery’s decision reflects its commitment to aligning with market realities and ensuring that consumers benefit from changes in international crude oil prices.” In the statement issued by the Group Chief Branding and Communications Officer, Anthony Chiejina, the company explained that this…
Read More
4 Nigerian Billionaires’ Wealth Hits $23.7 Billion, As Over 133 Million People Face Hunger

4 Nigerian Billionaires’ Wealth Hits $23.7 Billion, As Over 133 Million People Face Hunger

4 Nigerian Billionaires’ Wealth Hits $23.7 Billion, As Over 133 Million People Face Hunger A report published by Oxfam ‘Takers Not Makers’, yesterday, revealed that four Nigerian billionaires’ wealth hit $23.7 billion, as over 133 million people face hunger. The report also indicated that the wealth of these four billionaires could easily cover the whole of Lagos city in N500 notes. According to the report, Nigeria’s wealth gap has reached crisis levels, with the richest individuals accumulating unprecedented wealth while the poor struggle to survive. “In 2024, billionaire wealth surged, and this trend is expected to continue, with at least…
Read More
FG Approves Licence For 10,000 Barrels Per Day Refinery In Delta State

FG Approves Licence For 10,000 Barrels Per Day Refinery In Delta State

FG Approves Licence For 10,000 Barrels Per Day Refinery In Delta State The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction of a new refinery. The approval was given to MRO Energy Limited, an energy company for the construction of a 10,000 Barrels Per Stream Day Refinery at Imode In Ughelli, Delta State, This development comes two months after the authority granted a license to Process Design and Development Limited to establish and construct a new 27,000 barrels per day refinery located in Dole-Wure, Akko area of…
Read More
Abia’s Nollywood Dreams: How The State Is Positioning Itself As The Next Big Thing In Nigeria Cinema – By Dr. Chukwuemeka Ifegwu Eke

Abia’s Nollywood Dreams: How The State Is Positioning Itself As The Next Big Thing In Nigeria Cinema – By Dr. Chukwuemeka Ifegwu Eke

Abia's Nollywood Dream: How the State is Positioning itself as the Next Big Thing in Nigerian Cinema We can all see the flurry of activities: programs, projects and engagements by the state government to reposition our dear state. It's a testament to Dr Alex Chioma Otti OFRs master strategy Dear Abians, our governor is mounting another ferocious campaign quietly to position Abia State as a destination of choice for Nigeria's cinema industry. Can we support him? Nigeria's film industry, popularly known as Nollywood, has experienced tremendous growth over the years, emerging as one of the largest film industries in the…
Read More