In spite of expectations by stakeholders, the Central Bank of Nigeria (CBN) have shelved its bi-monthly Monetary Policy Committee (MPC) meeting for the second time. The meeting, expected to hold on Nov..20 and Nov. 21, would have been the first to be presided over by Mr Yemi Cardoso...
BUSINESS
The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, has said the ministry will consider the re-establishment of a National Shipping Line through the Public-Private Partnership (PPP) arrangement. Oyetola said this at the maiden stakeholders roundtable engagement on Advancing Sustainable Development in Nigeria’s marine and blue economy...
The Chairman, Oyo State Agricultural Credit Corporation of Oyo State (ACCOS), Sheik Taofik Akeugbagold, has listed the criteria being used to disburse the N1 billion loan to farmers to ensure geographical spread. Akeugbagold made the revelation during a sensitization tour to the 7 geopolitical zones in the State which...
The federal government has concluded modalities for involving expatriates in its renewed drive to expand its revenue base against mounting debt, declining revenue from oil and the quest to shore up its finances to meet development needs. Authoritative sources disclosed at the weekend that the new thinking was hinged...
The Minister of Finance, Mr Wale Edun, has said that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from average of N650 million monthly to over N1 trillion in the last four months. The minister stated this on Monday in Asaba at...
Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has said that quality of service in the telecommunications sector is non-negotiable as he called for industry collaboration to make this a reality. Maida, who spoke in Lagos at an interactive session with chief...
By OFFOR CALLISTUS, Abuja – The Executive Vice Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida has said that quality of service in the telecommunications sector is non-negotiable as he called for industry collaboration to make this a reality. Maida, who spoke...
BEING A KEYNOTE ADDRESS DELIVERED BY THE EXECUTIVE VICE CHAIRMAN/CHIEF EXECUTIVE OFFICER OF THE NIGERIAN COMMUNICATIONS COMMISSION, DR. AMINU MAIDA, DURING THE 13TH ANNUAL NIGERIA ICT IMPACT CEO FORUM/AFRICA DIGITAL AWARD AT ORIENTAL HOTEL, LAGOS ON SATURDAY, NOVEMBER 18, 2023. Introduction I am pleased to be part of...
Oil bearing communities in Bayelsa have bemoaned prolonged delays in the implementation of the host community fund component of the Petroleum Industry Act (PIA). Representatives of the communities expressed dismay that since the PIA came into effect in 2021, no meaningful development projects had been carried out due to...
Six months after the World Health Organization (WHO) declared COVID-19 is no longer a health emergency, it’s still difficult to fully grasp the far-reaching damage the pandemic has inflicted, from the tremendous toll on lives to economic devastation. The chaos certainly was felt in the oil industry, which saw...
The Labour Party (LP) in Imo has alleged that the Independent National Electoral Commission (INEC)) is delaying its access to Certified True Copies (CTCs) of documents used for the November 11 governorship poll in the state. The party’s allegation is contained in a statement issued by the Director,...
FirstBank, Nigeria’s premier financial institution and leading financial inclusion services provider, has launched the Win Big promo to reward and delight its valued customers. The four-month promo, which started on 23 October 2023 and will run till 23 February 2023 will reward several new and existing customers of the...
The Joint Tax Board (JTB) Staff Multipurpose Cooperative Society says it has intensified efforts to increase tax revenue to meet up with government’s obligations. President of the society, Mr Collins Umenwosu, disclosed this at the maiden Annual Award and Dinner of the society in Abuja. Umenwosu recalled that...
Chiedu Ebie: The Technocrat and Beacon of the Niger Delta Region Mr. Chiedu Ebie, the newly appointed Chairman of the Niger Delta Development Commission (NDDC), is not just a lawyer but a seasoned technocrat who represents transformative leadership for the Niger Delta Region. His vast experience and innate capabilities...
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said that Nigeria cannot rely on borrowing to fund the 2024 budget. Edun stated this on Thursday when he appeared before the joint Senate Committee on the 2024-2026 Medium Term Expenditure Framework (MTEF) and...
MTN Nigeria Communications Plc (MTN Nigeria) held its Capital Markets Day at the Transcorp Hilton Hotel in Abuja on November 14th and 15th, 2023. The ICT company also announced progress on achieving its ‘Ambition 2025’ Strategy, and the emerging opportunities in Nigeria’s digital economy to local and international...
The Association of Telecommunications Operators of Nigeria (ALTON) on Thursday urged banks to prioritise the payment of their Unstructured Supplementary Service Data (USSD) debt, which he said had increased to N200 billion. The Chairman of ALTON, Gbenga Adebayo, said this during the first telecoms stakeholders’ meeting with...
The Nigeria Customs Service (NCS) has said the African Continental Free Trade Agreement (AfCFTA) stands as a golden opportunity for Nigeria to significantly enhance its foreign exchange earnings. The Comptroller General of Customs (CGC), Comptroller Adewale Adeniyi, said this at the Distinguished Lecture Series organised by the Nigerian...
By MBAFAN ADE, Lagos – Rolls-Royce (LSE: RR., ADR: RYCEY) today announced it has signed a Memorandum of Understanding for a comprehensive TotalCare service agreement with Ethiopian Airlines for 22 Rolls-Royce Trent XWB-84 engines. The Trent XWB-84 exclusively powers the Airbus A350-900 aircraft. TotalCare is designed to provide...
By CALLISTUS OFFOR, Abuja – The Senate Thursday in Abuja, confirmed the appointment of Dr. Aminu Maida as the substantive Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC). Maida was confirmed by the Senate during its plenary session where it adopted...