In response to the rapidly growing pace of digitization, the Nigerian Communications Commission and the Nigerian Data Protection Commission (NDPC), have signed a Memorandum of Understanding (MoU) to strengthen the enforcement of data privacy and protection in the telecommunications industry. The MoU provides a structured framework for both organizations...
BUSINESS
The Group Chief Executive Officer, NNPC Ltd, Engr. Bashir Bayo Ojulari, has disclosed that the company is currently in talks with partners with proven track record of refining and petrochemical operations in order to build sustainable, self-financing, and profitable solutions for its refineries. This was disclosed in a statement...
In furtherance of its commitment to trade facilitation and enhanced revenue generation at Onne Port, the Customs Area Controller, Port Harcourt Area II Command, Comptroller Aliyu Mohammed Alkali, on Tuesday engaged stakeholders on procedures and trade facilitation challenges even as he charged them on strict compliance with cargo documentation....
Lafarge Africa Plc, a building solutions company and manufacturer of premium products and solutions brands across cement, mortar and readymix concrete, has reaffirmed its commitment to strengthening local cement production with the expansion of its Sagamu Cement Plant in Ogun State and Ashaka Cement Plant in Gombe State....
The Nigerian Communications Commission (NCC), and the Nigeria Security and Civil Defence Corps (NSCDC), have warned against fibre-optic cable damage during road construction and related civil works across the country. The caution is contained in a statement issued in Abuja on Wednesday and jointly signed by NCC’s Head, Public...
As a part of ongoing efforts to reposition Nigeria’s gas sector as the engine room of national industrialisation, energy security, and sustainable economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) has officially unveiled its Gas Master Plan (GMP) 2026, tagged NGMP 2026. This was disclosed in a...
Nigerian equities market bounced back on Thursday, recovering earlier losses as investors gained about N233 billion following renewed demand for stocks across key sectors of the market. Investor sentiment improved largely due to increased buying interest in equities such as RT Briscoe, SCOA, Deap Capital Management, Veritas Kapital Assurance,...
Nigeria’s naira has strengthened to its best level in over eight months, hitting about ₦1,394 to the US dollar on January 28. This comes after three consecutive days of gains in the official foreign exchange market. According to market data, the naira had previously traded at ₦1,409.50/$, meaning it...
Dangote Industries has appointed the Chief Executive Officer of MTN Group, Ralph Mupita, to the board of Dangote Fertiliser Limited, as the company steps up preparations for a planned listing on the Nigerian Exchange (NGX). The appointment was confirmed by the Managing Director of Dangote Fertiliser, Vishwajit Sinha, in...
Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well located in the shallow offshore western Niger Delta. Chief Corporate Communications Officer, NNPC Ltd, Andy Odeh, gave the...
Nigeria’s external reserves have crossed the $46 billion mark for the first time in about eight years, reflecting sustained improvement in foreign exchange inflows and management. Personal Assistant on Special Duties to the President, Kamorudeen Yusuf, in a statement on Sunday, said the data released by the Central Bank...
As the NSITF-NECA Safe Workplace Intervention Project kicks off in Lagos, Managing Director of the Nigeria Social Insurance Trust Fund, (NSITF) Barrister Oluwaseun Falaye, has enjoined employers of labour in Nigeria to be intentional about compliance with workplace safety and health regulations as he said that the future is...
Nigerian Communications Commission (NCC) has announced plans to leverage satellite technology to expand mobile coverage to an estimated 23.3 million Nigerians who currently remain underserved by terrestrial networks, Channel TV has reported. According to a consultation paper published on the NCC’s website, the initiative aims to address persistent connectivity...
Nigerian Communications Commission (NCC) has said its National Spectrum Roadmap 2026–2030 will play a critical role in shaping Nigeria’s digital future by promoting transparency and predictable spectrum regulation. The Executive Vice Chairman of the Commission, Dr. Aminu Maida, made this known on Monday at a stakeholders’ consultation forum on...
Nigeria Revenue Service (NRS) has dismissed widespread claims suggesting that the Nigeria Tax Act recently introduced Value Added Tax (VAT) on banking services, describing such reports as misleading and inaccurate. In a statement issued on Thursday, the tax authority said VAT has not been newly imposed on banking fees,...
The Nigerian Communications Commission (NCC), has commenced a comprehensive study on competition in the telecommunications sector to address concerns around market dominance and ensure fair, effective and sustainable competition. NCC said this during a stakeholders’ forum on the Study of Competition in the Nigerian Telecommunications Industry in collaboration with...
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), have drawn up a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human input errors. Head, Public Affairs of the NCC, Nnenna Ukoha, who made this known in...
MENXTT NG has announced that it will begin bundling Bitdefender Antivirus with all laptops sold by the company in 2026, a strategic move aimed at delivering enhanced cybersecurity protection and world-class technology solutions to Nigerian consumers and businesses. As an authorized Bitdefender reseller, MENXTT NG said the initiative underscores...
The National Agency for Science and Engineering Infrastructure (NASENI) is excited to announce the launch of an Inter-Agency Innovation Competition & Awards aimed at harnessing innovation, promoting collaboration and creativity among Ministries, Departments, and Agencies (MDAs) of the Federal Government. NASENI has the statutory mission “to develop and maintain...