Category: News

Buhari restates commitment to Privatisation
November 20, 2015 No Responses

Buhari restates commitment to Privatisation

President Muhammadu Buhari has reaffirmed his Administration’s commitment to the Federal Government’s privatisation and commercialisation policy. Speaking at an audience with Peugeot’s Executive Vice President for Africa and the Middle-East, Mr. Jean-Christophe Quemard, President Buhari stressed, however, that greater consideration...
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Dangote remains Africa’s richest person, says Forbes
November 19, 2015 No Responses

Dangote remains Africa’s richest person, says Forbes

For the fifth consecutive year, Forbes has  rated the President of the Dangote Group, Aliko Dangote, as Africa’s richest person in Africa.  The Magazine also ranked Dangote as the 67th richest person in the world, from a peak of 23rd...
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Dangote Cement reward customers with N300m
November 17, 2015 No Responses

Dangote Cement reward customers with N300m

AS part of measures to compensate and enrich its teeming customers across the country, Dangote Cement has commenced its biggest promo that will benefit 3, 783 customers. The promo, which, began recently will be activated across the country and will...
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MTN gets Friday deadline to pay $5.2b fine
November 17, 2015 No Responses

MTN gets Friday deadline to pay $5.2b fine

The Nigerian Communications Commission (NCC) has extended to Friday the deadline given to MTN to pay a $5.2billion fine. According to the commission, it sanctioned the telecommunications giant based on security reasons following its failure to deactivate 5.2m...
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Customs seeks support for reforms
November 13, 2015 No Responses

Customs seeks support for reforms

 The  Public Relations Officer, Tin-Can Island Customs Command,  Chris Osunkwo, has commended  the Comptroller-General of Customs, retired Col. Hameed Ali’s bold initiatives towards reforming the service and increasing revenue.  Osunkwo  gave the comme...
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SEC pledges compliance with Corporate Governance Code
November 12, 2015 No Responses

SEC pledges compliance with Corporate Governance Code

The Securities and Exchange Commission (SEC) has pledged to collaborate with other regulators in the interest of the nation’s capital market. Speaking in Abuja when  the executives of the Institute of Chartered Secretaries and Administrators of Nigeria ...
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Buhari task ministers on Treasury Single Account
November 12, 2015 No Responses

Buhari task ministers on Treasury Single Account

The adoption of Treasury Single Account has resulted in the blocking of financial leakages in  public sector, President Muhammadu Buhari has said. Speaking yesterday during the inauguration of Minister, Buhari said the initiative is  making more funds availa...
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MTN CEO Resigns over $5.2b fine
November 10, 2015 No Responses

MTN CEO Resigns over $5.2b fine

MTN Group, the parent company of MTN Nigeria, which was slammed a record $5.2 billion fine by the Nigerian National telecommunications Commission (NCC), over its delayed disconnection of unregistered mobile phone numbers, has forced Chief Executive Officer, Mr...
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MTN Sacks CEO, Dabengwa Over Record $5.2b Nigeria Fine
November 9, 2015 No Responses

MTN Sacks CEO, Dabengwa Over Record $5.2b Nigeria Fine

MTN Group, the parent company of MTN Nigeria, which was slammed a record $5.2 billion fine by the Nigerian National telecommunications Commission (NCC), over its delayed disconnection of unregistered mobile phone numbers, has forced Chief Executive Officer, Mr...
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Customs boss pledges to stop permanent posting
November 9, 2015 No Responses

Customs boss pledges to stop permanent posting

The Comptroller-General of Customs, retired Col. Hameed Ali, has pledged to stop reported favoritism in the service. He explained that every officer in customs must work to earn promotion. “All officers are under close watch because if any mistake is done.....
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NCC to issue new telecom licence in 2016
November 6, 2015 No Responses

NCC to issue new telecom licence in 2016

THE Nigerian Communications Commission (NCC)  is to issue new telecom spectrum licences in 2016 as part of measures to create improved  infrastructure in all the 36 states in the country.  Acting executive vice chairman, NCC, Prof Umar Danbatta,  explained...
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Customs generates N1.5b daily
November 6, 2015 No Responses

Customs generates N1.5b daily

 NOT less than N1.5billion is generated by the  Nigeria Customs Service (NCS), the  Comptroller-General, Col. Hameed Ali (rtd.), has disclosed. Ali stated this on Thursday when he paid a courtesy visit to the Chief of Naval Staff (CNS), Vice Admiral...
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MTN seeks review of $5.2b fine by 80%
November 5, 2015 No Responses

MTN seeks review of $5.2b fine by 80%

MTN Group Limited in South Africa has appealed to the Nigerian Communications Communications (NCC) to review downward the $5.2 billion fine by 80 per cent. Bloomberg reported that the head of research of Renaissance Capital (RenCap) in Nigeria, Mr. Adesoji...
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Customs appoints six DCGs, eight ACGs
November 3, 2015 No Responses

Customs appoints six DCGs, eight ACGs

The Comptroller-General of Nigeria Customs Service, Colonel Hameed Ali (rtd), has approved the appointment of six acting Deputy Comptrollers-General of Customs in the ongoing re organisation in the Service. According to a press statement signed by NCS Public R...
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