The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) at the weekend warned IT users that a new Phishing, Attacks Exploit Windows Zero-Day Vulnerability, can load a malicious QBot malware on the compromised device without triggering any Windows security alerts. The team, in its advisory, indicated that the vulnerability, which is present in all […]
The Nigerian Communications Commission (NCC) has charged the nation’s Judiciary to be part of Information Communications Technology (ICT) trends in view of the impact and relevance to ways that justice is being delivered globally. The commission’s Board Chairman, Prof. Adeolu Akande, made the call during the 18th capacity-building workshop with the theme ‘The digital world […]
The Lagos Chamber of Commerce and Industry (LCCI) expressed serious concern about the recent downgrades of Nigeria’s Sovereign Risk profile by three leading global default risk rating agencies and charged the Federal Government to immediately adopt strong policy measures to reverse Nigeria’s sliding ratings. The Chamber recalled that Fitch downgraded Nigeria’s long-term foreign currency debt […]
The Director-General of National Automotive Design and Development Council (NADDC), Mr. Jelani Aliyu, has reiterated the need for African countries to embrace electric vehicles as alternative source for transportation in view of the socio-economic benefits to the continent. Aliyu, who gave the charge in a statement issued on Thursday, stressed that the continent cannot advance […]
The Federal Inland Revenue Service (FIRS) has approved a one-off waiver of all outstanding interests and penalties imposed by TaxPro Max on liabilities emanating from monitoring, desk review, tax audit, and tax investigation exercises until the end of this year In a statement signed by its Executive Chairman, Muhammad Nami, the Service advised taxpayers to take advantage […]
The Securities and Exchange Commission (SEC) Nigeria has assured the investing public that it will continue to deploy its enforcement mechanisms, including collaboration with other relevant government agencies and stakeholders, in its bid to curtail the activities of Ponzi schemes. The commission’s Executive Commissioner Operations, Mr. Dayo Obisan, made this pledge during an Investor Education […]
The Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba and his Oil and Gas Free Zones Authority’s (OGFZA’s) counterpart, Sen. Tijjani Kaura, have reported that the two free zones attracted about $46.6 billion investments into the country since they commenced operations. The FTZs supervisory CEOs made this disclosure at the […]
The International Labour Organisation (ILO) reported on Thursday that available data suggested that Africa’s real wage growth of workers dipped to minus 1.4 percent in 2021 and to minus 0.5 percent in the first half of 2022. The global labour organization made this disclosure in its latest ‘Global Wage Report 2022-2023: The Impact of Inflation […]
The National Bureau of Statistics (NBS), the coordinating agency for Nigeria’s statistical system, on Wednesday reported that prices of selected food items increased in October as the average price of 1kg onion bulb, increased on a year-on-year basis by 32.56 percent from N306.07 recorded in October 2021 to N405.72 in the month under review. The […]
The Naira recorded a marginal rebound in exchange value on Wednesday, trading at N767/$1 in the parallel market in the noon hours of the day. The Wednesday’s exchange rate of the local currency indicated a 0.39% appreciation as against N770/$1 it traded the previous day. Information source from black market traders in Wuse axis of […]