FCCPC Directs MultiChoice to Maintain Current Prices Pending Investigation

Abuja, Nigeria – The Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria to maintain its current subscription prices until the ongoing investigation into its proposed price hike is concluded. This directive follows MultiChoice Nigeria’s request for an extension regarding its scheduled appearance before the Commission. While the FCCPC has granted the request,…

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Nigeria Signs Pact With Saudi Arabia To Boost $7.7trn Halal Economy

Makkah, Saudi Arabia – The Nigerian Government has signed a cooperation agreement with Saudi Arabia’s Halal Products Development Company to establish Nigeria as a leading player in the global halal market valued at $7.7 trillion. The agreement will facilitate investment, technical cooperation, and market access across key sectors, including food production, pharmaceuticals, finance, and livestock…

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Minister Signs Over 100 Import Duty Exemption Certificates, Pledges Support for Ikom Cocoa Processing Factory

IKOM – Senator John Owan-Enoh, Minister of State for Industry, Federal Ministry of Industry, Trade & Investment, announced on Monday that the federal government has signed over 100 Import Duty Exemption Certificates (IDECs) in the past three months. The revelation came during a facility tour of the Ikom Cocoa Processing Factory, followed by a roundtable…

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Germany Imports More LNG Through North Sea Terminals Than Baltic Sea

BERLIN – Germany’s liquefied natural gas (LNG) import terminals on the North Sea operated at about 65% capacity in 2024, according to the state-owned Deutsche Energy Terminal. The floating terminals are located in the northern German cities of Wilhelmshaven and Brunsbüttel.Meanwhile, private operator Deutsche ReGas, responsible for two floating terminals on the Baltic Sea, has…

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Meet Billionaire G.U. Okeke: Visionary Behind GUO Motors and Nigeria’s Transport Revolution

Billionaire Godwin Ubaka Okeke, popularly known as G.U.O, is a name synonymous with innovation and success in Nigeria’s transport industry. As the CEO of GUO Motors and the owner of the renowned GUO Transport Company, Okeke’s journey from modest beginnings to becoming one of Nigeria’s most celebrated transport magnates is as compelling as it is…

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