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

A thread

Do you have the new naira in your area? Which note is most common?

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 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

A thread on Buhari’s resilient food supply chain claim conflicts with reality

President Muhammadu Buhari, in a tweet on July 15, said the seven years of investments and policies of his administration towards attaining food security had made the country better prepared to cope... with the inevitable agricultural supply chain disruptions occasioned by COVID-19 and the Russia-Ukraine war.

Tweet Thread

At no point in its 60-year history has Nigeria’s economy expanded slower than its population for a longer period than between 2015 and 2020, an indictment on President @MBuhari who has led the country in that time.

businessday.ng/exclusives/art… 2/7 With data from the National Bureau of Statistics (NBS) showing a 1.9 percent GDP contraction in 2020, it means Africa’s largest economy has now failed to match its average population growth rate of 2.6 percent for six years.

businessday.ng/exclusives/art…

On healthcare financing;

"A sustainable solution is to have an NHS scheme that works & one of the areas of concern is the low level of expertise in the healthcare system" says Uche Orji, CEO @nsia_nigeria at the 3rd BusinessDay Digital Dialogue Series

#Digitaldialogueseries "Nigeria is yet to get a better value for the little it has spent on its healthcare system and this is due to the weak primary health care system." - Tope Adeniyi, CEO @AXAMansard Health Insurance

#DigitalDialogueseries

Minister of Finance, Zainab Ahmed will deliver the keynote address at the BusinessDay Investing & Capital Markets Conference coming up Oct 31.

The conference aims to bridge the knowledge gaps around the public investing ecosystem in Nigeria.

Register👉 bit.ly/2P5HXK3 @ZShamsuna @nsenigeria @BanwoIghodalo @SankoreInvests @MyFCMB @titiOAdeoye Meet some of the speakers lined up for #BDCapitalMarkets conference.

Tolu Osinibi, MD FCMB Capital Markets Ltd. He has over 20 years in investment banking, asset management & consulting experience in Nigeria & Europe. He joined FCMB Capital Markets as Head, Investment Banking.

In March 1953, Ahmadu Bello dismissed declarations of Nigerian unity as empty rhetoric, stating that the country’s inhabitants were no more a nation in 1953 than they had been before the British arrived.@RemiAdekoya1 on why Bello called Nigeria a "mistake"
businessday.ng/columnist/arti… @RemiAdekoya1 After northern politicians blocked the 1953 self-government motion, southern leaders accused them of being colonialist lackeys. Northern politicians were booed and insulted by southern crowds on leaving the House of Representatives’ building in Lagos

businessday.ng/columnist/arti…