BDrecent Archives - Businessday NG Wed, 26 Apr 2023 09:51:45 +0000 en-US hourly 1 188198514 MultiChoice to increase rates by 17% cites ‘Nigeria’s economic challenges’ https://businessday.ng/companies/article/multichoice-to-increase-rates-by-17-cites-nigerias-economic-challenges/ https://businessday.ng/companies/article/multichoice-to-increase-rates-by-17-cites-nigerias-economic-challenges/#respond Wed, 26 Apr 2023 09:51:45 +0000 https://businessday.ng/?p=724779 MultiChoice Nigeria

MultiChoice Nigeria has announced plans to implement an upward review of prices on its DStv and GOtv packages due to Nigeria’s rising economic challenges “Due to the various economic challenges impacting our business operations, we have had to review the price of our packages to continue delighting our customers with great entertainment, anytime and anywhere,” […]

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]]> https://businessday.ng/companies/article/multichoice-to-increase-rates-by-17-cites-nigerias-economic-challenges/feed/ 0 724779 Access Holdings’ interest income jumps by 56% to N250bn https://businessday.ng/companies/article/access-holdings-interest-income-jumps-by-56-to-n250bn/ https://businessday.ng/companies/article/access-holdings-interest-income-jumps-by-56-to-n250bn/#respond Wed, 26 Apr 2023 09:43:56 +0000 https://businessday.ng/?p=724756 Access holdings

Access Holdings Plc’s first quarter interest income grew up by 56.6 per cent as the lender continues to utilise shareholders’ resources in generating higher profit given successive increases in interest rates by the country’s apex bank. According to findings by BusinessDay, Interest income calculated using effective interest rate increased to N250.98 billion in March 2023 […]

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]]> https://businessday.ng/companies/article/access-holdings-interest-income-jumps-by-56-to-n250bn/feed/ 0 724756 Naira gains marginally as FX market resumes trading https://businessday.ng/news/article/naira-gains-marginally-as-fx-market-resumes-trading/ https://businessday.ng/news/article/naira-gains-marginally-as-fx-market-resumes-trading/#respond Wed, 26 Apr 2023 08:23:33 +0000 https://businessday.ng/?p=724734 Naira

Nigeria’s foreign exchange (FX) market resumed trading on Tuesday after the holiday, with naira gaining marginally (0.05) against the dollar at the official market. After trading on Tuesday the dollar was quoted at N463.44, gaining 0.05 percent compared to N463.67 quoted on Thursday last week at the Investors and Exporters (I&E) forex window, Nigeria’s official […]

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]]> https://businessday.ng/news/article/naira-gains-marginally-as-fx-market-resumes-trading/feed/ 0 724734 Nigeria’s unemployment figure seen dropping on NBS’ new methodology https://businessday.ng/analysis/article/nigerias-unemployment-figure-seen-dropping-on-nbs-new-methodology/ https://businessday.ng/analysis/article/nigerias-unemployment-figure-seen-dropping-on-nbs-new-methodology/#respond Wed, 26 Apr 2023 02:20:29 +0000 https://businessday.ng/?p=724474 Unemployment

The updated methodology for Nigeria’s labour force survey by the National Bureau of Statistics (NBS) could reduce the country’s unemployment figure for the fourth quarter of 2022, analysts have said. Last week, the NBS said it was changing the way it measured unemployment and employment and would release new unemployment and employment data for Africa’s […]

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]]> https://businessday.ng/analysis/article/nigerias-unemployment-figure-seen-dropping-on-nbs-new-methodology/feed/ 0 724474 CHAPTER 8: Breaking the Intels oil and gas monopoly https://businessday.ng/arts-and-life/article/chapter-8-breaking-the-intels-oil-and-gas-monopoly/ https://businessday.ng/arts-and-life/article/chapter-8-breaking-the-intels-oil-and-gas-monopoly/#respond Wed, 26 Apr 2023 00:30:36 +0000 https://businessday.ng/?p=724469 Hadiza Bala Usman

Integrated Logistics Services, the company popularly known as Intels is one of the major players in the Nigerian Maritime sector. This became even more apparent after the President Olusegun Obasanjo administration privatised the sector between 2004 and 2005. Although there were other levels of involvement, the company is better known for the service boat operations […]

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