Popular video entertainment and internet company, the MultiChoice Group has denied media reports that it has perfected plans to introduce the pay-per-view service to the teeming Nigerian subscribers currently using the DSTV or GOtv. The Company made its position known on Saturday in a statement issued to newsmen in Lagos.

Vice President Yemi Osinbajo has restated President Muhammadu Buhari’s resolve to implement a new development agenda for the Niger Delta, according to reports. Professor Osinbajo said this when a group of investors visited him at the Presidential Villa, Abuja.

The Transmission Company of Nigeria (TCN) says it is building capacity to transmit about 20, 000 mw of electricity before the end of 2021. The Interim Managing Director of TCN, Usman Gur Mohammed made the disclosure on Friday during a kick-off meeting for Environmental and Social Impact Assessment (ESIA) Study to build the second 330 kilovolt (kv) transmission line from Ikeja West in Lagos to Sakete in Benin Republic.

The Central Bank of Nigeria (CBN) has threatened to sanction any Deposit Money Bank (DMB) in breach of its earlier directive to open teller points for retail forex transactions and to have electronic display boards in all their branches, showing rates of all trading currencies. Meanwhile, the naira, yesterday appreciated to N359.06 per dollar in the Investors and Exports (I&E) Foreign Exchange, forex Window.

Electricity generation companies currently owe Deposit Money Banks a total of N356bn, while the power sector lost over N500bn revenue in 2016 alone.

Workers of the Federal Airports Authority of Nigeria (FAAN) are currently protesting at the Muritala Muhammed Airport, Lagos.

Africa’s richest man and Nigeria’s indisputable business leader Aliko Dangote has told a packed room in New York that he is hoping that oil prices will remain low to wean Nigeria away from its dependence.

Officials of the Nigerian Government have assured U.S. investors of the favourable investment climate, promising the highest returns on investments, more than anywhere else in the world.

The Minister of Agriculture and Rural Development, Chief Audu. Ogbeh, says the ministry is working with the Nigeria Security and Defense Corps (NSCDC) to ensure that quality seeds are supplied to farmers by authorised seed dealers.

Data from the National Bureau of Statistics (NBS) has shown that inflation has experienced the seventh decline since January 2017.