Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has canvassed the need for a coordinated and multilateral approach by the regional authorities to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections. The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu […]
The Debt Management Office (DMO) at the weekend disclosed that Nigeria’s Public debt stock rose to N97.341 trillion or $108.229 billion as at December 31, 2023, representing an increase of N9.43 trillion when compared to the debt reported at the end of the third quarter of the year. The Office, in a Notice issued last […]
State governments in the country should adopt a Public Private Partnership (PPP) arrangement in procuring power infrastructure in their states in the current efforts to boost electricity supply nationwide, a former Minister of Power, Prof. Barth Nnaji, has advised. The industry top player gave the charge on Thursday during his paper presentation at the first […]
Ogun State Government has restated its commitment to ensuring that the recent crisis between the National Union of Road Transport Workers (NURTW) and the Ogun State Park Management Board (OGSPAM) are amicably resolved as part of its efforts to ensure industrial peace in the state. The State Commissioner for Transportation, Engr. Dairo Olugbenga, who updated […]
The Economic and Financial Crimes Commission (EFCC) and the Nigeria Deposit Insurance Corporation (NDIC), have opened discussions on how to synergize their efforts for the purposes of ensuring that the nation’s banking industry is secured from fraudulent activities and by implication, stabilize the financial system. The Executive Chairman of the EFCC, Mr. Ola Olukoyede, made this […]
The US Department of Justice (DOJ) and some states have filed an antitrust lawsuit against Apple Inc, over allegation that its devices and software are a monopoly that gives it vast profits at the expense of customers. News reports late Thursday indicated that the DOJ and 16 state and district Attorneys-General, accused Apple of driving […]
Nigeria’s Minister of Communications and Digital Economy, Dr. Bosun Tijani, has disclosed that in furtherance of the Federal Government’s ongoing efforts to enhance the quality of telecommunications services nationwide, the government and the International Telecommunication Union (ITU) have opened discussions targeted at protecting submarine cables and other digital infrastructure. Tijani, who made this disclosure on […]
The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion the Federal Government, States and Local Government Councils out of the revenues that accrued to the Federation Account in February this year The revenue was shared at the March 2024 FAAC meeting chaired by the Minister of Finance and Coordinating Minister […]
The Farm and Infrastructure Foundation, a civil advocacy organization at the frontline of food security in Nigeria, has charged Nigerians to join forces in ensuring that governments in the country prioritize policies and programmes that will ensure food security as their fundamental human right in the years ahead. Giving the charge during a statement on […]
….As Forced Commercial Sex Labour Accounts For 73% Of Profits A new report from the International Labour Organization (ILO) has revealed that forced labour in the private economy generates US$236 billion in illegal profits annually. The labour organization disclosed that the report’s findings indicated that the total amount of illegal profits from forced labour had […]