The Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the enrolment of new customers “in another couple of months”. CBN Governor, Olayemi Cardoso, stated this on Tuesday at the 295th Monetary Policy Committee (MPC) of...
BUSINESS
Wema Bank has said it is rewarding its customers with N10 million cash prize in the grand finale of season three of its 5 for 5 Promo in Lagos on May 31. Ms Mabel Adeteye, Head of Brands and Marketing Communications at Wema Bank, stated on Tuesday that the...
In this interview, the Chief Executive Officer of Housing and Construction Mayor Limited, Mayor of Housing, My Ace China, analyses the Rivers State Investment and Economic Summit and other related matters. On potentials of Rivers State All hands are not equal, so some states are richer...
The Nigerian Communications Commission (NCC) has begun a public enquiry on the review of three key guidelines/regulatory instruments for the telecoms industry. The Executive Vice-Chairman (EVC) of the NCC, Dr Aminu Maida, said this on Tuesday while meeting with all Mobile Networks Operators (MNOs) and other stakeholders in...
The Naira on Monday gained N28.34 at the official market, trading at N1,468.99 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the gain represented a 1.89 per cent appreciation for the Naira. The percentage increase is impressive when compared to the...
By MBAFAN ADE, Abuja – Nigeria’s Folashade Adekeye has emerged as the Chairperson, Forum of the Directors of Oil & Gas Training & Vocational Education Institutes of the African Petroleum Producers Organization (APPO). Adekeye, who is the Director, NNPC Academy, took over from the former chairperson, Mr. Abdelkader Guenone,...
Dangote Cement, Airtel Nigeria and Seplat Energy have emerged the top three winners of the maiden Corporate Reporting Award, organised by the Institute of Chartered Accountants of Nigeria (ICAN) and NGX Regulation Ltd. (NGX RegCo). The News Agency of Nigeria(NAN) reports that the award, held in Lagos, recognises...
The Federal Airports Authority of Nigeria (FAAN) on Friday began the sale of 2024 e-tags that would permit entry into the 24 Federal Airports in Nigeria. In a statement made available to the News Agency of Nigeria (NAN) in Abuja, FAAN said that the sale of the tags...
Elon Musk’s online platform X has removed another remnant from its Twitter past nearly 10 months after the tech mogul changed the social media service’s name. The controversial multi-billionaire has removed twitter.com from profiles on the site, From now on, users who type in twitter.com will be directed...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC) has informed all stakeholders of a temporary suspension on issuance of new communication licences. The Commission said the categories included: Interconnect Exchange Licence, Mobile Virtual Network Operator Licence and Value Added Service Aggregator Licence The Commission’s Director, Public...
The Nigerian Communications Commission has cautioned Nigerians not to patronise pre-registered Sim cards as act could attract severe consequences. The Commission sounded the warning on a statement posted on its platform on Friday. It noted that the use of pre-registered SIM cards could not only compromises the accuracy of...
A team from the Presidential initiative on Compressed Natural Gas (P-CNG), on Thursday assessed the capacity of major manufacturing partners in the federal government’s effort to boost the use of CNG automobiles and electric vehicles. Speaking during media tour of Mikano car assembly plant in Ogun state, the programme...
By OLA MUDOPE, Lagos – Emirates Airlines has announced that it would resume its Lagos, Nigeria services on Oct. 1, operating a daily service between Lagos and Dubai. Emirates’ Deputy President and Chief Commercial Officer, Adnan Kazim, announced this in a statement issued on Thursday in Lagos. Mr....
By CALLISTUS OFFOR, Abuja – Leading telecommunications and technology enabler, MTN Nigeria has announced a strategic partnership with Microsoft, providing advanced data hosting solutions and Microsoft Business Licenses to small and medium enterprises. This development is in line with the company’s commitment to accelerate the digitalisation of businesses,...
The Nigerian National Petroleum Company Limited (NNPC Ltd), has said the country’s gas sector is now well positioned to help businesses in the country generate more revenue. The Group Chief Executive Officer, NNPCL, Mele Kyari said this when he spoke with newsmen on Wednesday in Owerri. He spoke...
President Bola Tinubu, on Wednesday, inaugurated the Seplat Energy ANOH Gas Processing Plant situated at Assa Community in Ohaji Egbema Local Government Area of Imo. The News Agency of Nigeria (NAN) reports that the president performed the inauguration virtually. The plant, built by the ANOH Gas Processing Plant...
The Nigerian Copyright Commission (NCC), on Tuesday, accused Mr Karl Toriola, the Managing Director and Chief Executive Officer (MD/CEO) of MTN Nigeria Communications Ltd; of evading service of court documents in the alleged copyright infringement suit The NCC’s lawyer, Gladys Ojo, made the allegation before Justice Inyang Ekwo...
Panic as explosion rocks Shell gas plant Loud explosions were heard at the Shell Petroleum Development Company of Nigeria gas processing plant at Gbarain, Yenagoa Local Government Area of Bayelsa State on Tuesday. Thick smoke was seen rising into the sky, raising concerns of gas export disruptions as the...
By CHRISTIANA LOT, Jos – The Plateau State Government has commended Zuestech, an indigenous Tech Company, for introducing an ICT training program aimed at empowering women with Artificial Intelligence (AI) skills to keep pace with global technological advancements. The state government also revealed its plans to train an...
First Bank of Nigeria Ltd, with Rotary Club International, District 9110, has distributed N20 million worth start-up kits to 102 beneficiaries in Lagos to empower them across various trades. The News Agency of Nigeria (NAN) reports that start-up kits distributed included: grinding machines, plumbing kits, deep freezers, sewing...