The Nigerian Communications Commission (NCC) has commenced the process of conducting a study to assess the current level of competition in the colocation and infrastructure sharing (CIS) segment of the Nigerian telecommunications sector. Seventy-eight licensees are currently operating in that market segment. The study is to enable the commission to have insightful and evidenced-based facts […]
The Federation of Tourism Associations of Nigeria (FTAN) has launched a TRIAC mandate to reposition the group for sustainable growth of the tourism industry. The National President, Mr. Nkereuwem Onung, who made the disclosure at the National Tourism Transportation Summit and Expo held in the Abuja on Thursday, explained that the TRIAC entailed tourism marketing, […]
The International Monetary Fund (IMF) has advised the Nigerian government to end its fuel subsidy regime in order for the country to benefit from the current rise in oil prices at the international market. The Washington-based institution which gave this advice in a report titled ‘Africa Faces New Shock as War Raises Food and Fuel […]
The President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has projected that $540 million Special Agro-Industrial Processing Zones (SAPZs) will unleash the potential of food and agribusiness for Nigeria and Africa. Adesina, in a social media statement on Thursday, said: “This is the first phase of Special Agro-industrial Processing zones (SAPZs) in Nigeria. […]
Nigeria’s Agricultural Revolution Campaign And Massive Hunger…The Missing Link…Connecting The Dots By Ayoade Olatokewa Flipping through my Instagram in search of a farmer mentioned by a friend, on his profile was… PHD farmer, Ogbole Samson, and I was curious with his caption, “food production should not be seasonal, because hunger is not seasonal” Waoh! And […]
The Nigerian Association of Small and Medium Enterprises (NASME) has advocated stronger synergy among stakeholders in the nation’s industrial space to ensure sustainable growth of millions of Micro Small and Medium Enterprises (MSMEs) in Africa. The National President of NASME, Dr Abdulrashid Yerima, who made the call on Tuesday at the virtual meeting organized to […]
Twitter founder, Jack Dorsey, has explained why the multibillion dollar microblogging app board decided to sell it to Elon Musk, who on Monday night reached an agreement to buy the app for approximately $44 billion. Musk acquired the company at $54.20 a share, the same price named in his initial offer on April 14. Clarifying […]
As the Russia-Ukraine war continues to take huge toll on global food supply, the Africa Development Bank (AfDB) Group has earmarked $1.5 billion for Africa Emergency Food Plan as part of its efforts to mitigate the impact of the projected war-triggered food crisis on Africans The President of the AfDB, Dr. Akinwumi Adesina, who gave […]
The Central Bank of Nigeria (CBN) has objected the National Industrial Court’s order asking it to pay entitlements totaling N2.5 billion to 110 disengaged staff of the Ahmadu Bello University ( ABU), Zaria that were sacked in 1996. Joined in the suit as respondents are the 110 disengaged staff, ABU, Zaria, Minister of Education, Federal […]
Techstars, a global investment firm that provides access to capital, one-on-one mentorship, and customized programming for early-stage entrepreneurs, has partnered ARM Labs, a Lagos-based innovation company, to launch ‘ARM Labs Lagos Techstars Accelerator’ programme in Lagos. A statement issued by the partners on the deal indicated that the accelerator programme would focus on investing in […]