The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has promised that the commission will not relent in its efforts to promote latest and emerging technologies to support business operations for the benefit of the country and its citizens. The EVC, who made the pledge while speaking to a cross […]
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Amazon Opens Nigeria’s Office To Support Customers’ Businesses
Amazon Web Services, Inc. (AWS), a subsidiary of Amazon Group and one of the world’s leading Information Technology (IT) firms, has opened its first office in Lagos, Nigeria, in demonstration of its commitment to technology-powered economies in the African continent. A statement issued on Tuesday by the firm’s Regional Manager, Sub-Saharan Africa (SSA), Ms Amrote […]
Gambian Minister Lauds Nigeria’s Strides In Telecom Regulation
The Gambian Minister of Communications and Digital Economy, Ousman Bah, at the weekend in Abuja, said Nigeria’s giant strides in telecom regulation are the reason that the nation’s telecoms development has become a reference point. Bah, who led a Gambian delegation, including industry regulators on a courtesy visit to the management of the Nigerian Communications […]
NPA Boss Tasks Terminal Operators, Others On NAP-AD Compliance
The Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, on Tuesday advised terminal operators, shipping companies and other stakeholders in the maritime sector to strictly comply with the government’s National Action Plan on Agro- Export Development (NAP-AD) to ensure the achievement of its objectives. Bello-Koko, who made the call at the commissioning of […]
OPEC Forecasts $12.1Trn Investment To Sustain Global Oil Sector’s Growth
The Organisation of Petroleum Exporting Countries (OPEC) has projected that in order to sustain oil and gas sector’s contribution to global energy needs, investments should increase by $500 billion yearly in the sector from now to 2045, implying about $12.1 trillion investment during the period. The oil cartel’s forecast was contained in its 2022 World […]
BudgIT Urges NASS To Prevent Budget Padding By MDAs
BudgIT, a non-governmental organisation (NGO) committed to public finance transparency and accountability in the country, has charged the National Assembly to guard against padding of the 2023 budget by Ministries, Departments and Agencies (MDAs) in view of current economic reality in the country. The Country Director of the group, Mr. Gabriel Okeowo, was quoted by […]
Sustainable Finance Principles In Nigeria Will Stimulate Africa’s Growth – Yuguda
The Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, has said that given her rich human and natural endowments, Nigeria is positioned to embrace sustainable finance principles required to attract investment for Africa’s sustainable growth. Yuguda made this remark during a lecture he delivered to mark the IOSCO World Investor […]
NCC Committed To FG’s Anti-Corruption Crusade – Danbatta
The Nigerian Communications Commission (NCC) has reaffirmed its commitment to collaborating with other government agencies towards supporting Federal Government’s anti-corruption campaigns in line with its recognition as an ethically-compliant public institution by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The Director, Human Capital and Administration, Mr. Usman Malah, who represented the Executive […]
Non-Interest Capital Market Will Catalyze Housing Sector’s Devt – Yuguda
The Securities and Exchange Commission (SEC) Nigeria has said that the non-interest segment of the capital market is capable of financing the housing sector and by so doing lead to better well-being of the citizenry as well as improved performance of other sectors of the nation’s economy. Director-General of the SEC, Mr. Lamido Yuguda, who made […]
CBN To Launch New Naira Notes By December 15
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Wednesday announced plans by the Federal Government to put into circulation new Naira notes effective from December 15 this year as part of monetary policy measures to efficiently manage the currency. The apex bank governor disclosed that the redesigned new banknotes of […]