Category: Business
Olubadan of Ibadan Backs Clamour for Telecom Infrastructure Protection
The advocacy for telecom infrastructure protection across the country by the Nigerian Communications Commission, (NCC) has received royal blessings and support of the Olubadan of Ibadan, Oba Lekan Balogun, who has urged every citizen in Nigerian to take responsibility for the protection of telecom facilities for mutual benefit of all. The monarch, who spoke through…
Benin Plans 12 Infrastructure Projects at Cotonou Port
The Minister of Infrastructure and Transport was received on the program ”Le Gouvernement en action”, Monday, June 20, 2022. Hervé Hêhomey presented 12 infrastructure projects initiated to transform the Autonomous Port of Cotonou. Construction of a new bulk terminal called Terminal 5; reconstruction of the northern quays and westward expansion of the harbor basin by 154…
Documentary: Trust TV Fined N5m
The National Broadcasting Commission (NBC) has imposed a fine of N5 million on Trust Television Network (Trust TV) over the broadcast of the documentary titled “Nigeria’s Banditry: The Inside Story”, which was aired by the station on the 5th of March, 2022. The NBC, in a letter to our company dated August 3, 2022, which…
DFC CEO highlights U.S. Commitment to Africa during visit to Nigeria, Sierra Leone
During his first official visit to Africa this week, DFC CEO Scott Nathan met with political and business leaders and signaled the agency’s commitment to mobilizing investment to improve food security, and expand access to critical services from electricity to technology. DFC has almost $10 billion of active investments in Africa and has recently supported…
MRA Sues NITDA over Failure to Provide Details of Proposed Regulation of Online Platforms
Lagos, Tuesday, 2 August 2022: Media Rights Agenda (MRA) has filed a suit at the Federal High Court in Abuja against the National Information Technology Development Agency (NITDA) over its failure to provide details requested by the organization on its proposed regulatory framework for social media and other online platforms through a “Code of Practice…
Beware Of Scam Artists: The FIRS Is Not Recruiting
On repeated occasions, the Federal Inland Revenue Service (FIRS) has cautioned the general public to be vigilant and circumspect not to deal with scam artists who pose as recruitment agents for the Service and collect huge sums of money from unsuspecting victims with the promise to provide them employment. Again, the Management of the FIRS…
NCC Doles out N500m for Research in Nigerian Universities
The Nigerian Communications Commission (NCC) has committed over N500 million to the Nigerian universities and other tertiary institutions across the country to facilitate research and innovations to promote developments in the Nigerian telecommunications industry. Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta who disclosed this at a two-day Regional Roundtable with Academia,…
A World in Crisis Needs both Trade and Aid
By UNCTAD Secretary-General Rebeca Grynspan, WTO Director-General Ngozi Okonjo-Iweala and International Trade Centre Executive Director Pamela Coke-Hamilton We are in the toughest period the world economy has faced since the creation of the multilateral system more than three-quarters of a century ago. A quadruple shock of COVID, climate change, conflict and cost-of-living has undone years…
Yobe Earmarks N7.8 billion to Complete Capital Projects, Others
The Yobe State Government has earmarked N7.77 billion to complete capital projects in the health and education sectors of the economy. In accessing healthcare services, Governor Mai Mala Buni recently enrolled over 50, 000 vulnerable persons into the Expanded Healthcare Delivery (EFHD) scheme. Earmarking the funds for the various projects, at the weekend (Friday), in…