Nokia, a leading player in the increasingly evolving global Information and Communications Technology (ICT) space, has announced the launch of a new symmetrical 25G PON fiber modem to further accelerate 25G PON deployments. News reports on the technology feat indicated that the compact solution can easily be installed on a wall, inside a building, or […]
Budgeting
NDPC Seals Pacts With Lottery Commission, SMEDAN On Sectorial Regulation
The Nigeria Data Protection Commission (NDPC) has signed Memoranda of Understanding (MoU) with the National Lottery Regulatory Commission (NLRC) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), aimed at bolstering data protection initiatives across various sectors of the political economy. The NPDC’s Head, Media Unit, Itunu Dosekun, in a statement issued on […]
Pension Fund Investment In Bonds Not Loan To Govt – PenCom D-G
The Director-General of the National Pension Commission (PenCom), Aisha Dahir-Umar, has defended investments made by Pension Funds Administrators (PFAs) under the Contributory Pension Scheme (CPS) as investments in Federal Government of Nigeria’s (FGN’s) securities rather than loans to government. She, therefore, refuted the milling rumour in the public space that the Commission gave N10 trillion […]
Welfarist Policies Crucial To Bridging Nigeria’s Housing Deficit – Adesina
…As 49% Of Population Lives In Slums The President of African Development Bank (AfDB), Dr. Akinwumi Adesina, has charged the Nigerian government to urgently introduce welfarist policies needed to ensure all Nigerians have access to basic and affordable housing. Adesina, who gave the charge in his lecture at the occasion where he was honoured with […]
PalmPay Launches Free Fund Transfer, Target Savings Products
PalmPay, a leading Africa-focused fintech platform, has unveiled two cost-saving financial products – Unlimited Free Transfer and Target Savings – for users of its app in its sustained drive for financial inclusion across Nigeria. With the new financial products, users of the PalmPay app can now enjoy unlimited free transfers to all banks in the […]
FIRS Introduces Self-Registration Module On Tax-Pro Max Platform
In furtherance of its sustained drive to digitalize revenue collections at the federal level, the Federal Inland Revenue Service (FIRS) has introduced a self-registration module on the Tax-Pro Max platform. The revenue agency, in a public notice signed by its Executive Chairman, Dr. Zacch Adedeji, indicated that the initiative was part of reforms towards improving […]
CPPE Lauds FG On Suspension Of EEL Implementation
The Centre for the Promotion of Private Enterprise (CPPE) commends President Bola Tinubu, the Coordinating Minister for the Economy, the Minister of Industry, Trade and Investment and the Minister of Interior for suspending the implementation of the contentious EEL. The Centre, in a statement by its Chief Executive Officer, Dr. Muda Yusuf, described the gesture […]
RMAFC Advocates Transparency In Public Finance System
….Lauds Tinubu On Oronsanye’s Report Implementation The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has commended President Bola Ahmed Tinubu for adopting the Steven Oronsaye Committee’s Report in furtherance of his administration’s sustained efforts aimed at reducing high cost of governance through the restructuring and rationalization of federal agencies, parastatals and commissions. The commission, in […]
Global Market Capitalization Records Strong Recovery In 2023 – WFE
The latest report from the World Federation of Exchanges (WFE), the global industry group for exchanges and central clearing counterparties, has indicated a strong recovery in global market capitalization in 2023. The report attributed the impressive performance of the investment market to the improvement in the fundamentals of listed companies, complemented by some new listings […]
International Women’s Day: NCC Canvasses Gender Inclusivity In Telecoms, ICT Industry
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has restated the commission’s commitment to creating inclusive environment with a view to promoting gender inclusiveness in the telecommunications and Information and Communications Technology industry to support current drive by the government to fully digitalize the nation’s economy. […]