Discover and read the best of Twitter Threads about #businessday

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A thread on how:Starlink’s internet speed rattles competition

Starlink, a satellite internet provider that went live in Nigeria on Monday, has left many subscribers who can afford it excited over its super speed capability.

#starlink #internet #elonmusk #data #businessday
Starlink hardware and shipping comes at a cost of N276,000 ($600). The monthly subscription is pegged at N19,780 ($43) making it the most expensive internet service in the country.

#starlink #internet #elonmusk #data #businessday
But many Nigerians, especially entrepreneurs, and businesses may be driven more by the speed than the high cost. Starlink says Nigeria is the first African country where the service is going live.

#starlink #internet #elonmusk #data #businessday
Read 4 tweets
A thread on how: Nigeria’s oil bid process leaves investors in doubt

Sixteen years after the last bid for big oilfields, Nigeria is offering seven deepwater offshore blocks to investors but...

#oilandgas #oilinvestors #petroleum #oilproduction #crudeoil #businessday Image
old problems involving regulatory concerns have investors worried.

It is the first bid round since the passage of the Petroleum Industry Act (PIA) – a law that Nigeria is yet to fully implement its ...

#oilandgas #oilinvestors #petroleum #oilproduction #crudeoil #businessday
provisions or develop enough regulations to form a coherent policy.

The proposed 2023 mini-bid round aimed at spurring new exploration and drilling activities in Nigeria’s deepwater is coming at a time

#oilandgas #oilinvestors #petroleum #oilproduction #crudeoil #businessday
Read 4 tweets

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