Nigeria News Archives — Page 6 of 22

October 11, 2021 No Responses

Danbatta: NCC’s Regulatory Instruments Set To Facilitate 5G Deployment, Tackle Insecurity

The Executive Vice Chairman (EVC) of the Nigerian Communication Commission (NCC), Prof. Umar Garba Danbatta, has declared that three of the Commission’s regulatory instruments are set to offer enabling provisions that will help the country in tackling security and insurgency;...

October 10, 2021 No Responses

Buhari Vows To Eliminate All Forms Of Violent Crimes

President Muhammadu Buhari has again promised to eliminate all forms of violent crimes across Nigeria. He said in Kaduna on Saturday that the administration will continue to do everything within the ambit of law to stamp out heinous crimes creating...

October 9, 2021 No Responses

CAC: NNPC Share Capital Of N200b Highest In Nigeria

The Corporate Affairs Commission (CAC) says the Nigerian National Petroleum Company (NNPC) Limited had made history for being the company with the highest share capital in the country. The Registrar General, Corporate Affairs Commission, Alhaji Garba Abu...

October 9, 2021 No Responses

NIPOST Increases Domestic Postage Rate By 400%

The Nigerian Postal Service (NIPOST) has increased its domestic postage rate from N50 to N250. The Zonal Manager, NIPOST, Enugu, Mr Friday Aba, disclosed this on Friday at a customer forum in the state to commemorate the “World Post Day”...

October 9, 2021 No Responses

GOCOP Inducts New Members

The Guild of Corporate Online Publishers (GOCOP), swelled in ranks on Thursday with the induction of 21 new members. The induction was part of the activities of the fifth annual conference of GOCOP held at Sheraton Hotels, Ikeja in Lagos. ...

October 8, 2021 No Responses

FIRS Boss: Only 41m People Pay Tax In Nigeria

The Chairman, Federal Inland Revenue Service (FIRS), has said that only 41 million pay taxes in Nigeria out of the over 200 million population in the country. Nami made the disclosure at the ‘Public Presentation and Breakdown of the Highlights...

October 8, 2021 No Responses

Coca-Cola Unveils N560b Investment Agenda For Nigeria

The management of the Coca-Cola System in Nigeria, comprising Nigerian Bottling Company (NBC) and Coca-Cola Nigeria is to invest N560 billion in Nigeria within five years. Addressing Journalists on Thursday as part of activities to mark the company’...

October 8, 2021 No Responses

NCDC Tasks Media On Extensive Covid-19 Advocacy

The outgoing Director-General, Nigeria Centre for Disease Control (NCDC),Dr Chikwe Ihekweazu has challenged the media to carry out more advocacy roles as part of measures to curtail the spread of the Covid-19 pandemic. Speaking on Thursday in Lagos at ...

October 7, 2021 No Responses

NGX Group To List 1.96b Shares By Introduction

The Nigerian Exchange Group Plc. (NGX Group) on Thursday confirmed its intention to list on the main board of the Nigerian Exchange Ltd. (NGX). A statement sent to City Business News explained that the planned listing follows successful completion of...

October 7, 2021 No Responses

FirstBank Pledges Support For Startups, Innovators In Fintech Ecosystem

First Bank of Nigeria Ltd. has pledged support for startups and innovators in the fintech ecosystem by providing relevant data and infrastructure that would enable them to succeed. FirstBank’s Managing Director/Chief Executive Officer, Dr Adesola Adedu...

October 7, 2021 No Responses

Reps Summon NNPC GMD Over Award Of Shipping Contract To Foreigner

The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over the alleged award of a coastal shipping contract to a foreign company. Legor Idagbor, the Chairman, House&nbsp...

October 2, 2021 No Responses

World Bank Approves $400m Credit For Nigeria

The World Bank’s Board of Directors has approved a $400 million credit for Nigeria from its International Development Association (IDA) for COVID-19 vaccine acquisition. A statement issued on Friday, in Washington, explained that the&nb...

September 27, 2021 No Responses

Senate Receives Report On $5.792b Mambila Power Projects

The Senate Committee on Local Content on Monday received the report of the Financial Sub-Committee of the Mambila Hydro-Electric Power Projects (HEPP). The Chairman of the Committee, Sen. Teslim Folarin, received the report in Abuja as presented by Mr Mu...

September 25, 2021 No Responses

Amaechi: Ethnicity, Bane Of Nigeria’s Development

Minister of Transportation, Rotimi Amaechi, has said that ethnicity is a big challenge to development in Nigeria. Amaechi, in a statement on Friday, said rail projects around the country were built for the growth of the economy rather than ethn...