President Bola Tinubu SOCIO-Economic Rights and Accountability Project (SERAP) has threatened to take legal action against the federal government over plans to regulate social media. Newsextra24 reported earlier that President Bola Tinubu declared that social media must be regulated because it has become a societal menace. The President, who spoke through his Chief …
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MultiChoice considers the Canal+ deal, it is also ramping up its investment in its streaming platform, Showmax, which it launched in 2015. The company announced that it will inject an additional US$89 million into Showmax by March 31, 2024, as part of a US$129 million funding round by MultiChoice and …
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FRENCH media giant Canal+ is on the acquisition trail in Africa, targeting local industry leader MultiChoice. The South African heavyweight itself plans to invest US$89 million in its streaming flagship, Showmax, to stay ahead of Netflix in Africa in what is shaping up as the mother of all battles for African viewers. A …
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PRESIDENT Bola Tinubu has directed the mandatory recitation of the National Pledge after the National Anthem at every official and public engagement. The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, made this known in a statement on Thursday night. He said the directive would ensure absolute …
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What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 8th February, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
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THE Nigerian Autonomous Foreign Exchange Market (NAFEM) experienced a sharp decline in forex transactions, with the total value falling from $465.29 million on Tuesday to $203.93 million on Wednesday—a 56 percent drop, as reported by the FMDQ Exchange. This significant decrease interrupts a previously observed steady increase in the value …
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AT least four terrorists were killed during a recent encounter with troops of the 1 Division Nigerian Army (NA) in Kaduna State. The development was confirmed in a statement issued on Thursday by the Acting Deputy Director, Army Public Relations, 1 Division, Nigerian Army, Lt.Gen. Musa Yahaya. According to Yahaya, some …
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PRESIDENT Bola Ahmed Tinubu, on Thursday, met with a delegation from the World Bank at the Presidential Villa in Abuja. Newsextra24 reports that the delegation from the global financial institution was led to the State House by the Managing Director of Operations, Anna Bjerde. Speaking with State House correspondents after meeting with …
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THE Federal Government on Thursday addressed concerns raised by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), asserting that accusations of failing to fulfill its promises to the labor unions are unfounded. This clarification came amid escalating tensions following the organized labour’s threat to initiate a nationwide …
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THE Catholic Bishops of the Lagos Ecclesiastical Province, comprising Lagos Archdiocese, Ijebu Ode, and Abeokuta Dioceses, have rejected Pope Francis’s approval of same-sex marriage. They insisted that they would not bless same-sex marriage. The bishops’ position was contained in a Thursday’s communiqué issued after their January 26 plenary meeting in …
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