The Centre for the Promotion of Private Enterprise [CPPE] has expressed concern about the marginal rise in Nigeria’s headline inflation from 15.60% in January to 15.70% in February 2022 published by the National Bureau of Statistics [NBS] on March 15 and urged the Federal Government to tackle the surge in general price level of the […]
The Nigerian Communications Commission (NCC) has embarked on the deployment of Computer Aided Dispatch (CAD) solution across the country in furtherance of its vision and strategy to ensure promptness, effectiveness and efficiency in the handling of emergency call services through the Emergency Communication Centres (ECC). The upgrading of the capacity of emergency response centres is […]
The Russian government has enacted a law to deal with the issue of the over 500 government-owned and private aircraft stranded within the country as the country’s ongoing war with Ukraine rages. Analysts believe that the new legislation is Kremlin’s open rebuttal to sanctions imposed on it by several countries, especially the EU nations, following […]
The Tony Elumelu Foundation (TEF), leading philanthropy empowering a new generation of African entrepreneurs, catalysing economic growth, driving poverty eradication and job creation across African countries, and Google Inc, the world’s leading IT solutions firm, have announced an inaugural Google.org fellowship to provide one million additional Africans with access to TEFConnect. The global head of […]
The Nigerian Communications Commission (NCC) has reaffirmed its commitment to accelerate deployment of robust broadband infrastructure accessible to all Nigerians to enhance their access to the required resources to carry out seamless digital financial services nationwide. The Commission gave the assurance on Tuesday at a programme organised to commemorate Year 2022 World Consumer Rights Day […]
The Central Bank of Nigeria (CBN) has released guidelines for the operation of the Bank Neutral Cash Hubs (BNCH) in furtherance of its regulatory efforts to ease huge cash management, deepen financial inclusion and promote a sound financial system in the country. In a statement on its website, the apex bank disclosed that the release […]
Nigeria’s total merchandise trade value rose to N11,707.20 billion in the fourth quarter (Q4) of 2021, representing 11.79 percent higher than the value recorded in Q3, 2021, totalling N10,472.42 billion. Briefing journalists on the key highlights of the merchandise trade in the quarter under review at the ‘Statistics House’ in Abuja, the Statistician General of […]
After thawing slightly in January, Nigeria’s Consumer Price Index (CPI), which measures inflation rate, renewed its rising trend in February, hitting 15.70 percent year-on-year. Briefing journalists on the CPI report of the agency in Abuja, the Statistician General of the Federation and the CEO of the NBS, Dr. Simon Bashar Harry, described the CPI as […]
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has reiterated the Commission’s commitment to continually drive initiatives that accelerate deployment of digital infrastructure in order to enhance the nation’s economic transformation. Danbatta disclosed the commission’s plan while speaking at the NCC Day, at the recently-concluded […]
Eni, the parent company of Nigerian Agip Oil Company (NAOC), has declared a Force Majeure on expected oil output at its Brass terminal in Yenagoa, Bayelsa State, following a blast in one of its oil line facilities. With the serious damage to the firm’s facility, it means Nigeria would be recording a shortfall of 25,000 […]