Key Points
MultiChoice Nigeria to increase prices of DStv subscriptions from May 1st due to economic challenges in the operating environment. The subscription price of all its packages has been raised.
Money
PoS Terminals in Nigeria Surpass 1.8 Million Mark in March 2023
Key Points
- In March 2023, the total count of PoS terminals installed in Nigeria reached 1.8 million, as reported.
- Compared to the same period last year, the number of deployed terminals has increased by 75%, when it was at 1.04 million.
- Additionally, the platform observed a surge in transaction value over PoS terminals, with N1.1 trillion being the highest monthly record.
AfDB and ILX Partner to Boost African Investments
African Development Bank (AfDB) and ILX Management B.V. Partnership Agreement
AfDB and ILX Management B.V. have partnered to promote sustainable investment in African countries.
The agreement aims to mobilize institutional investor capital and bridge financing gaps to achieve AfDB’s High Five priorities, including improving energy access, food security, and industrialization.
FG Begins Registration of Unemployed Persons in Lagos
The Nigerian government has begun a registration exercise for unemployed individuals in Lagos State.
The National Directorate of Employment (NDE) will conduct the exercise for a period of ten days, from April 18 to April 28, 2023, in the 20 local government areas of Lagos State.
The aim of the exercise is to provide accurate data on the number of unemployed individuals in the country, which will help policymakers in addressing Nigeria’s unemployment challenges.