Nigeria Breaking News

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Starlink Announces 97% Increase in Monthly Subscription Prices for Nigerian Users

Starlink, the satellite internet provider, has announced a hike in its monthly subscription rates for both new and existing customers in Nigeria, Okay.ng reports. In a message sent to its customers on Tuesday, Starlink revealed that the new pricing structure will see the standard residential package rise to ₦75,000, while the mobile regional (roam unlimited) …

CBN Governor Cardoso Defends Naira Float Policy to Restore Exchange Rate Credibility

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has explained that the decision to float the Nairain the foreign exchange market was a strategic move aimed at closing the gap between the official and parallel exchange rates, thus restoring market credibility. Cardoso made this statement over the weekend while addressing members of …