Category: News

FG Proposes N6tri Budget For 2016
December 8, 2015 No Responses

FG Proposes N6tri Budget For 2016

For the fiscal year 2016, the Federal Government has proposed a  budget of N6 trillion, allocating 30 percent of the budget to  capital expenditure. It has also approved and submitted the Medium Term Expenditure Framework ( MTEF), to the National...
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December 7, 2015 No Responses

NAICOM delists 108 insurance brokers

The National Insurance Commission has removes 108 insurance brokers, out of the list of 421 licensed practitioners operating in the country, for failing to renew their licences. Sources from NAICOM told The Punch that the affected brokers had been operating...
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MTN to pay N780b, not N647b, says NCC
December 5, 2015 No Responses

MTN to pay N780b, not N647b, says NCC

The Nigerian Communications Commission has clarified that the fine of N1.04trillion  imposed on the MTN Group was reduced by 25 per cent, and not 35 per cent as initially reported. According to NCC, the company will now have to pay...
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FG reduces MTN fine to N674b
December 4, 2015 No Responses

FG reduces MTN fine to N674b

The Federal Government through the Nigerian Communication commission (NCC) has reduced MTN fine from N1.otrillion  to N674 billion.  Meanwhile, the South African telecommunication giant has announced the resignation of the head of its Nigerian operations, Mi...
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LCCI to inaugurate Akande as president Saturday
December 4, 2015 No Responses

LCCI to inaugurate Akande as president Saturday

The Lagos Chamber of Commerce and Industry (LCCI) has concluded plans to formally inaugurate Chief (Mrs.) Nike Akande, as President of the Chamber on Saturday 5th December, 2015 at an Investiture Ceremony billed to hold at the Grand Ball Room...
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December 3, 2015 No Responses

$8.3b rail project tops agenda as Buhari meets chinese leader

President Muhammadu Buhari will today in South Africa  participate in the Forum on China/Africa Cooperation (FOCAC) taking place in Johannesburg. A statement issued  by the Senior Special Assistant to the President, Garba Shehu, explained that  President Bu...
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Senate restates ban on rice importation
December 3, 2015 No Responses

Senate restates ban on rice importation

The Senate has criticized the lifting of ban placed on rice importation and urged the Presidency to prevail on the Nigeria Customs Service (NCS) to immediately restore it.  Adopting the report of the Ad-hoc Committee on Import Duty Waivers, Concessions...
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Buhari approves Nigeria’s action plan to tackle climate change
December 1, 2015 No Responses

Buhari approves Nigeria’s action plan to tackle climate change

AS part of measures to tackle climate change, President Muhammadu Buhari has approved the submission of Nigeria’s  Intended Nationally Determined Contributions (INDC) to United Nations Framework Convention on Climate Change (UNFCCC). In a statement, the Pre...
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NCC tasks MNOs over N30b subscribers’ loss to unsolicited SMS
November 25, 2015 No Responses

NCC tasks MNOs over N30b subscribers’ loss to unsolicited SMS

Following claims by the National Association of Telecommunications Subscribers of Nigeria (NATCOMS) that telephone users in the country lose about N30 billion to unsolicited Short Message Service (SMS) monthly from the activities of Value Added Service Provide...
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Audu died a courageous politician, says Buhari
November 24, 2015 No Responses

Audu died a courageous politician, says Buhari

President Muhammadu Buhari has  expressed shock over the news of the death of Abubakar Audu, the All Progressives Congress candidate in the inconclusive Kogi State governorship election. The President, who is attending the Third Gas Exporting Countries Forum ...
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NCC to sanction more firms
November 24, 2015 No Responses

NCC to sanction more firms

The Nigerian Communications Commission (NCC)  has threatened to sanction MTN, Airtel and Globacom for defying its directive on automatic migration to Pay-As-You-Go data bundle. The Commission made this known in its ‘2015 third quarter Compliance Monitoring ...
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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-Chr...
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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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