NCC Suspends Issuance Of Virtual Operators Licence

NCC Suspends Issuance Of Virtual Operators Licence

The management of Nigerian Communication Commission (NCC) has temporarily suspended new licence issuance to operators in three categories. The categories affected include Mobile Virtual Network Operator Licence, Interconnect Exchange Licence and Value Added Service Aggregator Licence. In a notice signed...
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FG, States, LGAs Share N1.2Trillion April Revenue

FG, States, LGAs Share N1.2Trillion April Revenue

A total sum of N1.2trillion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation Accounts Allocation Committee...
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Nigeria’s Inflation Hits 33.69 Per Cent

Nigeria’s Inflation Hits 33.69 Per Cent

Nigeria’s inflation rate rose to 33.69% in April 2024 compared to March 2024 headline inflation rate which was 33.20%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Wednesday. “In April 2024...
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NIMASA DG Assures Maritime Stakeholders Of Inclusivity

NIMASA DG Assures Maritime Stakeholders Of Inclusivity

The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dayo Mobereola has assured stakeholders in the Nigerian maritime sector of inclusivity, towards the development of the sector. The NIMASA DG  who made this asserti...
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Analysts Place “Buy” On Fidelity Bank

Analysts Place “Buy” On Fidelity Bank

Highly-rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with potential to generate high returns for investors. Independent investment research reports by many market pundits reviewed at the weekend showed that F...
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Nigeria Targets New Visa Application Process

Nigeria Targets New Visa Application Process

The Federal Government is working to revise the visa application policy in the country in a few weeks to improve accessibility, Minister of Interior, Olubunmi Tunji-Ojo, has said Tunji-Ojo disclosed this at a stakeholders’ consultative meeting regarding Nige...
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Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council

Tinubu Unveils Funtua Inland Dry Port, Lauds Shippers’ Council

President Bola Ahmed Tinubu has commissioned Funtua Inland Dry Port project in Funtua, Katsina State.He was represented at the official commissioning of the Funtua Inland Dry Port by the Secretary to the Government of the Federation, Senator George Akume, on.....
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NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support For Local Content 

The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Fe...
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TUC Threatens Nationwide Shutdown

TUC Threatens Nationwide Shutdown

The Trade Union Congress (TUC) has threatened shut down the Nigerian economy should the Federal Government fail to cancel the controversial cybersecurity levy recently introduced by the Central Bank of Nigeria. The TUC in a statement signed by its President,.....
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Tinubu To Commission Funtua Inland Dry Port

Tinubu To Commission Funtua Inland Dry Port

President Bola Ahmed Tinubu to commission Funtua Inland Dry Port on Thursday, 9th May, 2024 in Katsina State.The Commissioning Ceremony will feature key dignitaries, government officials and industry stakeholders.Assistant Director, Public Relations Unit of Sh...
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Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
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CBN Directs Banks To Charge 0.5% Cybersecurity Levy

CBN Directs Banks To Charge 0.5% Cybersecurity Levy

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6, 2024 by the apex bank to all commercial, merchant,...
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Edo Flags Off Food Support Programme

Edo Flags Off Food Support Programme

The Edo State Governor. Mr. Godwin Obaseki, has flagged off the Edo State Food Support Programme, in collaboration with the Christian Association of Nigeria (CAN). The programme which is tagged the Christian Feeding Programme was designed to feed the poorest.....
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Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

Aliko Dangote Foundation Tasks Faith Leaders On Malnutrition, Hunger In Nigeria

The Aliko Dangote Foundation (ADF) has underscored the pivotal role of religious and traditional institutions in tackling the pressing issues of malnutrition and hunger within Nigeria.   Speaking at an event organized by the National Council on Nutri...
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