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Business

August, 2021

  • 30 August

    P-Square set to come back, reconcile – family source

    Exclusive by Desmond Ekwueme A family source has told this writer that there is a great possibility of the PSquare musical group coming back after about two years of breakup. Recall that the group gave “irreconcilable differences” as reason for going their separate ways but recent events may have provided the solution to the differences which they were unable to ...

  • 29 August

    DStv, GOtv increase subscription fees from September

    Barely one year after the last subscription fee increase, there are strong indicators that Multichoice Nigeria will increase the subscription fee across all its DStv and GOtv packages from September 2021. A source close to the company revealed that subscription prices may increase by about 10 per cent with premium package going as high N21,000 Compact Plus will go above ...

  • 25 August

    BREAKING: I am contesting as PDP National Chairman – Oyinlola

    A former governor of Osun State, chieftain and former National Secretary of the Peoples Democratic Party (PDP), Prince Olagunsoye Oyinlola has revealed his interest in the National Chairmanship position of the party. Oyinlola also stated that his aspiration would depend on two conditions, which will include if the position is zoned to the South West and his ability to muster ...

  • 25 August

    Ex-NADECO chief Senator Niyi Durojaiye dies at 88

    Senator Olabiyi Durojaiye is dead. He died on Tuesday morning at the age of 88 years. Durojaiye, a lawyer, was born in 1933 and worked for 35 years in the public sector including 28 years as a director of the central bank and the national mint. He was elected Senator in 1999 for the Ogun East constituency of Ogun State, ...

  • 23 August

    Bitcoin jumps above $50,000 for first time since May

    Bitcoin broke back above $50,000 on Monday for the first time in three months as investors piled back into the cryptocurrency on bargain-buying. The unit climbed around two percent to $50,249.15, its highest since mid-May, when it began tumbling on a range of issues including China’s crackdown on cryptocurrencies and Tesla boss Elon Musk’s decision to stop accepting it on ...

  • 20 August

    Younger generation making huge money, driving crypo – Report

    Millennials are driving cryptocurrencies investment globally. A report by Cryptovantage revealed that Cryptocurrencies make up 12 per cent of millennials investment portfolio. The report also said that three in four crypto investors have made money on their crypto holdings in 2021. According to the report, digital currencies have seen significant gains in 2021 jumping 154 per cent in value since ...

  • 10 August

    CBN reveals why it can’t sanction the spray of Naira notes

    The Central Bank of Nigeria (CBN) cannot enforce laws against violators of the currency or financial rules of the bank, officials have said. They stated this during an interaction session with the organised labour in Calabar, Cross River state at the weekend, where CBN announced its five year financial policy for 2019 to 2024. The response was due to reported ...

  • 10 August

    Naira exchanges for 509/$1 at parallel market

    The naira held steady against the dollar at the parallel market on Monday at N509. The naira held steady against the greenback at the parallel market from the 509/$1 at which it closed on Friday. On the Investors and Exporters’ window, it opened at 411.39/$1. It had a high of 412.90/$1 and a low of 400/$1. The naira closed at ...

  • 3 August

    Naira strengthens to 512/$1, banks sell dollar for N412

    The naira appreciated against the dollar at the parallel market on Monday as deposit money banks set up foreign exchange teller points for customers in line with the directive from the Central Bank of Nigeria. The naira strengthened to 512 against the greenback at the parallel market from the 515/$1 at which it closed on Friday. It, however, fell by ...

  • 1 August

    BBNaija S6: How to vote for favourite housemate

    Action has begun in the Big Brother Shine Ya Eye season and users can now vote for their favourite housemate. For this sixth edition, SMS voting has been scrapped and other means are being introduced by the organisers. In this piece, PUNCH Online highlights how fans can vote for their favourite housemates. To vote for your favourite housemate on the ...