The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has stressed that interest of telecom services consumers be taken into consideration in the proposed tariff review now being canvassed by licensed operators in the industry. Danbatta, who gave the assurance while interacting with journalists at the […]
The Debt Management Office (DMO) on Friday, pursuant to its (Establishment) Act 2003 and the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004, offered three Federal Government’s bonds for subscription by auction to the investing public. The Office, in a circular hoisted on its website, listed the debt instruments as including N75,000,000,000 […]
The International Monetary Fund (IMF) has expressed serious concern about the surging inflation rates, debt stocks, and food crisis in Nigeria and other African, warning that if not properly managed could threaten the recoveries of the economies and push them into another recessionary abyss. The Managing Director of the Washington-based multilateral financial institution, Kristalina Georgieva […]
The Minister of Communications and Digital Economy, Prof. Isa Ibrahim Pantami, on Thursday assured telecommunication services consumers that Nigeria’s telecom regulatory framework had been designed to address the challenges that may be associated with the advancement of the Internet of Things (IoT) in the country. Pantami, who gave this assurance at the twin event – […]
A global campaign for aid and development transparency organisation, Publish What You Fund, has rated the African Development Bank (AfDB) as the most transparent organization in the world. The development finance institution’s Sovereign Portfolio with a top score of 98.5 now ranks first out of 50 global development institutions in Publish What You Fund’s 2022 […]
Following the lapsing of the amnesty provided by the Voluntary Assets and Income Declaration Scheme (VAIDS) set up by the Federal Government of Nigeria through the Federal Ministry of Finance, the Joint Tax Board (JTB) in collaboration with the Federal Inland Revenue Service (FIRS), have indicated their readiness to immediately commence a “full scale enforcement […]
The Nigerian Communications Commission (NCC) has identified key challenges facing Internet Service Providers, ISPs in the country and promised to proactively mitigate the constraints with appropriate policies The Executive Vice Chairman of NCC, Prof. Umar Danbatta, at the Telecoms Sector Sustainability Forum, organized by Business Remarks in Lagos, lamented that currently the service providers were […]
Nigeria electricity generation rose to the highest in over two months at 95,116.18MWh on Tuesday, representing 5% improvement over the 90,621.28MWh generated in the previous day. Information provided by the Transmission Company of Nigeria (TCN) on the electricity generation and supply situation in the day under review, indicated that the last time Nigeria’s energy generation […]
The Nigerian Communications Commission (NCC), the telecom industry regulatory commission, has released a new ‘Guidelines on Technical Specifications’ for the Deployment of Infrastructure in the Communication Sector in Nigeria’ as part of its regulatory initiatives to protect people living around such towers from emission hazards and protect the environment. The commission, in the latest guideline, […]
Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, at the weekend canvassed the collaboration of relevant stakeholders with commission in its regulatory initiatives aimed at attracting investments required to bridge the nation’s infrastructure gap. Yuguda, who made the call during a meeting with the new executives of the Chartered Institute […]