Fuel, Power, VAT Increments Due To Tariff Hike – DSTV       MultiChoice Group, owners of the DSTV, has blamed the recent hikes in its subscription tariffs on high cost of production, especially the increment of Valued Added Tax and poor power supply leading to provision of...

Retirement Age Increase Aggravates Youth Unemployment — ABCON       Association of Bureaux De Change Operators of Nigeria (ABCON) has cautioned against increasing the retirement age stressing this works against policies aimed at reducing youth unemployment in the country. The Association stated this in its Quarterly Economic Review...

Data Protection: Nigeria's Success Story By Isiaku Ahmed       In 2018, the European Union (EU) began the implementation of the General Data Protection Rule (GDPR), which regulates the processing of data by an individual, a company or organization relating to individuals in the EU. The following year,...

Naira Gains N8 As Equities Make N778bn       The naira appreciated by N8 in the last one week at the parallel market and the equities market recorded major gains of N777.9 billion as oil prices picked up. The All Share Index (ASI) grew by N778 billion to...

IATA Warns Against Looming Bankruptcy For Airlines       The world’s airlines are haemorrhaging at the rate of about $300,000 per minute or $13 billion monthly, which could force large swathes of the industry into bankruptcy within months, the International Air Transport Association (IATA) has warned. Its Director-General...

Population Of Extremely Poor Persons In Nigeria Hits 102m — NECA         There are indications that Nigeria’s poverty level may have further deteriorated as the latest reports of the Nigeria Employers Consultative Association, NECA, shows a 10 percentage point rise in the number of the extreme...