Markets

Prior to implementing its intentions to stop password sharing, Netflix risks losing subscribers.

Although Netflix is putting an end to password sharing, this could present difficulties for both users and the streaming service. By requiring users who share accounts to pay, Netflix has announced that it will end password sharing as of 2023. Early in the year, according to the corporation, the adjustment will start to be implemented in the United States. According to rumors, the streaming…
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MagazineMarketsRanks & Rate

NOMINATION FORM FOR THE 2022 RANKS AFRICA BRANDS RECOGNITION

2022 Brands Recognition: These brands are driving economic growth across the country. They stimulate new employment opportunities in nearly every industry. The Ranks Business Consumer Choice Award is a system for determining consumer contentment and brand acceptability. Register your nomination no later than the 31st of December, 2022. BEST STARTUPS BEST RESTAURANTS BEST INFLUENCER BEST NEW…
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Markets

Sunlight unveils New Packaging for Masterbrand | See Photos from the Launch

Sunlight, a leading household brand from Unilever Nigeria, has unveiled a new, refreshed and exciting packaging for its range of products as a Masterbrand. The brand has also launched a new television commercial deeply rooted in its purpose – to support entrepreneurial Nigerian women in their desire to contribute more to their households and society. At the unveiling of the…
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Markets

Nigeria’s Pension Fund assets hit N14.36tr in July’

Nigeria’s Pension fund assets rose to N14.36 trillion in July, this year, from N14.267 trillion the previous month. This represent N100 billion or 0.7 percentage growth in one month. This was made by in the National Pension Commission (PenCom) Pension Funds Industry…
Markets

OPEC daily basket price increases to $101.04 per barrel

The price of the Organization of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at 101.04 dollars per barrel as of Wednesday. This is compared with 106.41 dollars per barrel recorded on Tuesday, according to OPEC Secretariat calculations…
EconomyMarkets

Gas price increases 122%, household incomes shrink

Amid the Federal Government’s N250bn intervention funds on the National Gas Expansion Plan, which intends to deepen usage across the country, data from the Nigerian Bureau of Statistics said on a year-on-year basis, price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas, also known as cooking gas, increased by 122 per cent from N4,422 in July 2021. The Bureau’s latest report said on a…
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