Latest news with #N5
Business Insider
2 days ago
- Business
- Business Insider
Nigerians would need to pay more for Netflix despite diminishing purchasing power
The Basic plan now costs ₦4,000, up from ₦3,500, and the Mobile plan is now ₦2,500, up from ₦2,200. This new adjustment comes after previous increases in July 2024, further pinching customers in a country dealing with economic contraction and rising inflation. In July 2024, the Premium plan increased by 40% to ₦7,000 ($4.40), the Standard plan by 37.5% to ₦5,500 ($3.46), the Basic plan by 21% to ₦3,500 ($2.20), and the Mobile plan from ₦1,600 ($1.01) to ₦2,200 ($1.38). Earlier in April of the same year, the streaming service announced a price increase for its Premium Plan, raising it from N4,400 to N5,000. At the same time, the Standard Plan increased from N3,600 to N4,000, while the Basic Plan stayed at N2,900. The Nigerian economy has suffered significantly in recent years, with the country's currency, the naira, depreciating and consumer purchasing power plummeting. With the country's inflation continuing to increase, the cost of basic goods and services has risen, making discretionary spending, such as video streaming, more difficult to justify for many Nigerians. Streaming subscriptions are more expensive in industrialized countries such as the United States and the United Kingdom, but customers often earn much more, making such services reasonably affordable. For example, although Americans pay $15.49 (approximately ₦24,000 at current exchange rates) for Netflix's Standard plan, the average U.S. worker makes more than $60,000 per year. Nigeria's minimum monthly salary remains at ₦70,000, with many earning significantly less in the informal economy. This is more complex when you consider that Nigeria's current minimum wage of ₦70,000 is merely $43, compared to its minimum wage of ₦30,000 as of 2022, which was $70 when exchanged at the average rate of ₦423.7 at the end of the year. This dip highlights Nigeria's declining purchasing power in the face of one of its worst economic periods in the country's history. This disparity in purchasing power parity (PPP) also demonstrates the increasing difficulties of developing global subscription models in poor nations. As streaming platforms pursue profitability, they risk losing customers in price-sensitive areas such as Nigeria. Unless updated price structures or regional considerations are applied, subscription-based services may see decreased popularity in places where economic hardship makes digital entertainment increasingly costly.
BreakingNews.ie
18-05-2025
- Sport
- BreakingNews.ie
Declan Rice's stunning strike secures Arsenal's Champions League place
Declan Rice's second-half strike fired Arsenal to a 1-0 win against Newcastle at the Emirates and a place in next season's Champions League. Arsenal goalkeeper David Raya kept his side in the match with a string of fine saves prior to the interval before Rice delivered from range with 55 minutes gone. Advertisement Arsenal's victory moves them five points clear of third-placed Newcastle with just one match remaining. A winning afternoon in N5 🙌 — Arsenal (@Arsenal) May 18, 2025 Newcastle's Champions League fate remains in their hands, but they will start the final day level on points with Chelsea and Aston Villa, albeit with a superior goal difference. Manchester City will bump Newcastle, who host Everton at St James' Park in their concluding game, down to fourth if they beat Bournemouth on Tuesday. Arsenal knew a defeat here – against a team that had already beaten them times this season – would leave them requiring a result in their final game at Southampton to ensure a top-five finish. Advertisement Arsenal were handed a major boost prior to kick-off when Alexander Isak, linked with a summer move to north London, was absent from the visitors' team sheet with a groin problem. David Raya kept Arsenal in the game in the first half (John Walton/PA) Yet, it was Newcastle who should have been ahead at half-time with only a string of Raya saves keeping the scores level. It was Raya's sloppy pass after just six minutes which presented the first chance of the game. Sandro Tonali picked up the Arsenal goalkeeper's wayward ball before he found Callum Wilson who did well to present Bruno Guimaraes with a shot. However, Raya atoned for his initial error when he got down low to block Guimaraes' strike and then scooped the ball away. Raya was back in action just five minutes later when he saved well from Tino Livramento following the full-back's neat one-two with Anthony Gordon. Advertisement At the other end, Nick Pope produced a fine save to deny Thomas Partey's header from Bukayo Saka's corner. But it was soon Raya taking centre stage again – this time diverting Harvey Barnes' deflected shot wide after the Newcastle midfielder was allowed to run unchallenged from the halfway line to the edge of the Arsenal box. Declan Rice celebrates the winner (Kirsty Wigglesworth/AP) Raya then turned away Dan Burn's header from point-blank range before batting away Sven Botman's follow-up with his left hand. Declan Rice tested Pope from range, but referee Simon Hooper's half-time whistle was greeted with a rumbling of discontent by the home supporters with Newcastle firmly in the driving seat. But Arsenal, so flat and nervy in the first 45 minutes, started the second half with greater purpose, and they took the lead after just 10 minutes. Advertisement Gordon was caught in possession by Saka with the Arsenal winger finding Martin Odegaard in Arsenal's right-hand channel. Odegaard took one look up before spraying the ball to Rice on the edge of the area with the midfielder's low curling effort nestling into Pope's bottom corner. Tempers fray at the end as Newcastle searched for an equaliser (Adam Davy/PA) Newcastle had lost their stranglehold on the game with Arsenal looking more likely to add to their advantage, and Ben White's effort from range had Pope at full stretch. However, Arsenal have drawn or lost 10 matches from winning positions this season, and while Newcastle's deficit stood at one, they remained firmly in the game. Barnes might have done better when he skied his effort over from the edge of the area, and substitute Joe Willock then came close to haunting his old club when he fashioned a chance only to blaze his shot high and wide. Advertisement Arsenal's campaign has been derailed by injuries and Kai Havertz was handed his first appearance in 102 days following hamstring surgery. Newcastle pressed for an equaliser – with Pope arriving to contest a Newcastle corner in the seventh minute of stoppage time – but Arsenal held firm to leave Eddie Howe and his players facing an anxious final day to ensure their return to Europe's premier competition.
Daily Mirror
29-04-2025
- Entertainment
- Daily Mirror
Paul Pogba 'in talks' for shock move as KSI drops transfer hint on next club
Paul Pogba is yet to sign with a new club since his suspension reached its conclusion earlier this year and KSI has said the ex-Manchester United star could turn up in the Baller League KSI has suggested Paul Pogba is 'in talks' about a stint in the Baller League. The YouTuber has tipped the former Manchester United midfielder to make an appearance for the struggling N5 team, named after the postcode where his favourite team Arsenal play. League president KSI was asked to name who he would pick as a wildcard signing during coverage of Monday night's action at the Copper Box Arena in Stratford, London. And with a smile on his face, KSI said: "Ooooh.... Pogba. He's a free agent. We do follow each other on socials and we are in talks." Then asked which team he thinks would be best suited to the France star, who has not signed for a club since returning from a drugs ban, KSI said N5, which is managed by the former Arsenal stars Robert Pires, Freddie Ljungberg and Jens Lehmann. "It depends on who he wants but I feel like a player of that calibre would have to play for like an N5, a team that is at the bottom," he said. Pogba, 32, has not played professionally since September 2023. In February of last year he was handed a four-year suspension after a drugs test showed increased levels of testosterone. The World Cup winner insisted he would "never knowingly or deliberately" dope and later had the ban reduced upon a successful appeal at the Court of Arbitration for Sport. However he is yet to sign with a new club since being cleared to return earlier this year despite being linked with a host of clubs, including in the Saudi Pro League and Major League Soccer. Talk of a third stint at Manchester United was swiftly shut down with the latest speculation linking him with a move to DC United. The Baller League is an indoor six-a-side competition running every Monday until June featuring a host of celebrities and former players. Matches comprise of two 15-minute halves with players paid £400 per appearance. John Terry, Gary Lineker, Alan Shearer and Micah Richards are among the other footballing legends signed up for management and coaching roles. Join our new WhatsApp community and receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. If you're curious, you can read our Privacy Notice.
Daily Mail
29-04-2025
- Entertainment
- Daily Mail
Paul Pogba is 'in talks' over SHOCK next career move - as former Man United star closes in on return to action after drugs ban
KSI has teased a sensational Baller League transfer scoop for former Man United star Paul Pogba. The YouTuber, boxer and influencer is president of the UK version of the popular six-a-side tournament that is hosted at the Copperbox Arena on Monday nights. Several celebrity players and managers are already involved in the competition, with the likes of Gary Lineker, John Terry, Alan Shearer and Luis Figo among those in charge of sides. Meanwhile, players are paid £400 per match and the teams include retired professionals such as Troy Deeney, futsal players, free agents and former academy stars who have recently been released. And, speaking on night six of the tournament, KSI was asked by Sky Sports 'one realistic wildcard' who he would love to see play in the Baller League. 'Ooooh.... Pogba,' KSI replied. The 31-year-old's answer led to a shocked reaction, before he added: 'Pogba, he's a free agent. We do follow each other on socials and we are in talks.' KSI then laughed and was asked what team the World Cup winner would join if he did make the move. 'It depends on who he wants, but I feel like a player of that calibre would have to play for like an N5, a team that is at the bottom.' N5 are managed by Arsenal legends Robert Pires, Freddie Ljungberg and Jens Lehmann, with the name a reference to North London. They currently sit bottom of the table, although N5 did pick up a first win against Santan FC on Monday. And when pressed on whether Pogba wouldn't want to hang around given they're at the bottom of the table, KSI added: 'They're in form (now).' Pogba, 32, hasn't played professionally since September 2023 after an injury-ravaged spell at Juventus. Things went from bad to worse for the Frenchman in February 2024 when he was hit with a four-year ban after failing a drugs test when increased levels of testosterone were found in his system. At the time, Pogba said he believed the verdict was 'incorrect' and added he would 'never knowingly or deliberately' dope. However, Pogba was handed a lifeline in October when the Court of Arbitration for Sport (CAS) reduced the sanction from four years to 18 months following an appeal. Since his ban ended in March, the 32-year-old has been seen training in Miami with coaches, working on both his football and physical fitness. With his suspension coming to an end back in January, Pogba had been linked to several clubs, including Marseille, Man City, Corinthians, Man United and multiple Saudi Pro League clubs. He has also been heavily touted with a move to the MLS and The Athletic reported on Monday how DC United hold his discovery rights. This is a mechanism that allows a club to claim the exclusive right to have the first opportunity to negotiate with a player who is not currently involved within the league. However, Mail Sport previously reported how it was unlikely Pogba would join any club before the end of the season, opening the door to a possible Baller League cameo.
BBC News
08-04-2025
- Politics
- BBC News
Why Senator Natasha Akpoti dey sue fellow lawmaker 5 billion naira
Senator Natasha Akpoti - Uduaghan wey dey represent Kogi Central Senatorial District sama N5 billion naira suit against fellow lawmaker. She sama her colleague Senator Onyekachi Nwaebonyi wey dey represent Ebonyi North Central Senatorial District, sake of alleged defamation. Natasha file di suit thru her lawyer, Michael Numa, for di Federal Capital Territory High Court for Abuja. Di suit against di Deputy Chief Whip of di senate dey seek to declare as false and malicious, statements wey Nwaebonyi bin make during im interview wit local media Channels Television on 6 March, 2025. For di suit, Akpoti-Uduaghan say Nwaebonyi bin describe her as a "gold digger, habitual liar, and habitual blackmailer" during di interview. She tell di court to declare as false, malicious, and defamatory claims say she be mama of six children from different men wey her colleague allegedly make. She note say dat type of remarks fit undermine her reputation as a role model for women ey dey hope to enta politics. "The defendant's characterisation of the claimant as a 'mother of six from different men' is baseless, malicious, and reckless," the suit states. According to di statement Natasha say "Di claimant na inspiration to women in politics and aspiring women for speaking truth to power. "Di claimant no dey spoil di chances of women in politics as falsely alleged. Rather, she dey inspire women to dey bold for dia pursuit of political aspirations and good governance." Mrs Akpoti-Uduaghan also tok for di suit say di statements of Nwaebonyi don cause significant harm to her reputation and public embarrassment. She also seek court order wey go stop Nwaebonyi from making further malicious statements against her. N5 billion suit and oda charges Di Peoples Democratic Party (PDP) lawmaker tell court to direct Nwaebonyi to pay N5 billion for damages sake of di false, malicious, and injurious statements im bin make against her. She also beg di court to force Nwaebonyi to take back di defamatory remarks on di same platform wia im bin initially make and issue unreserved apology. Di court filing dey seek "an order of perpetual injunction to restrain di defendant, im associates, agents, assignees, servants, privies, proxies, allies, or anyone wey dey acting on im behalf from further publishing or causing to be published di words wey complained of, or any oda defamatory statements concerning di claimant." Di document further requests "an order of dis Honourable Court to compelling di defendant to retract di defamatory statements on di same platforms im use to make di allegations and to tender an unreserved apology for at least two national newspapers, both in print and online, wey go spread nationwide, within seven days from di date of judgment." Natasha no stop there o, inside di suit she also call for "an order of dis Honourable Court to award di sum of N5 billion as damages in favour of di claimant for di false, malicious, and injurious statements wey don cause di claimant considerable distress, reputational harm, embarrassment, and emotional distress." She also seek , "an order of dis Honourable Court to award post-judgment interest on di judgment sum at a rate of 10% per annum from di date of delivery of di judgment until di judgment debt dey paid in full." How di mata start? Na for February, 2025 wey kasala bin happun for di National Assembly for Nigeria. Di kasala na between di Speaker, Godswill Akpabio and Senator, Natasha Uduaghan wey dey represent Kogi Central Senatorial District. Di Senate President Godswill Akpabio bin give order to di Sergeant-at-Arms to carry Senator Natasha Uduaghan comot from di chamber. According to local media, AIT di kasala start from wen di Chief Whip of di Senate, Mohammed Monguno, tell di Senate say senator Natasha no gree relocate to di new seat wey dem give her. Di Chief whip add say di reason why dem give her di new seat na to close di gaps wey di two pipo wey defect from di opposition senators create as dem join di ruling All Progressives Congress (APC) from minority party. Senator Natasha wey bin dey 'visibly frustrated' accuse Akpabio say im dey deliberately silence her voice and also deny her di opportunity to contribute to motions. Natasha match leg for ground as she tok say she no go gree make dem push her go corner. She add say di worst tin wey di former govnor of Akwa-Ibom state goment fit do na to suspend her. Natasha tok say even though dem suspend her, she go kontinu to serving her pipo for Kogi Central and di women of Nigeria. Natasha sama accuse for Akpabio head say im dey "discriminate against her, malign, and dehumanize her." According to officials of di senate, Natasha bin break dia rules to disobey di order to relocate to her new seat. From here, di senate sama Natasha six months suspension but she tell Senate President, Godswill Akpabio say 'I no dey fear you' Since den Natasha dey on suspension but she still dey do her tins. She been go different media to tok about her case wia she also sama accuse of sexual harrasment on Akpabio. Recently Kogi stte goment bin ban gatherings for di state sake of her 'home coming' but Ntasha still do am. Pipo for her constituency bin allegedly want to recall her, but e no work as Inec fault petitioners recall process for Senator Natasha Akpoti-Uduaghan
