MTN replies Melaye, Denies Illegal Transfer of $14 Billion from Nigeria
South African telecoms giant MTN on Wednesday denied an allegation that it had illegally repatriated $13.92 billion from Nigeria, saying the claim was without merit. Senator Dino Melaye had at plenary on Tuesday, opened up the allegation, fingering a senior…
ATCON Points Way forward on Local Content in Telecoms sector
The Association of Telecommunications Companies of Nigeria (ATCON), yesterday in Lagos gave panacea to the best way to deepen local participation in the growing telecoms industry in Nigeria. It his presentation at a one summit put together by the Nigerian…
Tecno Mobile Releases Phantom 6 & Phantom 6 Plus
Mobile technology giant, TECNO has Telecoms launched its flagship devices the Phantom 6 and Phantom 6 Plus, in one of the most beautiful venues in the world, the prestigious Armani Hotel located in Burj Khalifa, Dubai. Before now, the dynamic…
Nigeria has attained 70% Cabotage compliance level—NIMASA DG
Director General, Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr. Peterside Dakuku has said that cabotage compliance level in the country has risen to 70 percent. The Inland and Coastal Shipping Act, otherwise known as the Cabotage Act, was enacted…
Reverse airport access gate charge now, NASS orders FAAN
In a motion that was unanimously supported and adopted yesterday, the House of Representatives, has urged the Federal Airports Authority of Nigeria (FAAN) to reverse its decision to increase access gate charge slated to commence on Saturday. The house also…
NIWA begs companies to take advantage of dredged River Niger
Lying idle for more than three years of dredging completion from Baro in Niger State to Warri in Delta State, the National Inland Waterways Authority (NIWA) has begun a campaign designed to encourage private sectors to invest in ferries and…
Oando Plc inks $115.8m Midstream deal with Helios
Leading indigenous player in the nation’s oil and gas industry, Oando Plc, has announced the execution of a definitive agreement with a vehicle owned by funds advised by Helios Investment Partners LLP (“Helios”), a premier Africa-focused private investment firm, to…
Ghana earns over $3bn from petroleum revenue in 4 years
Figures coming from Ghana have shown that between 2011 and 2015, the country earned $3.208 billion from petroleum revenue as it produced the 161.7 million barrels of crude oil. Though in 2015, highest number of barrels, 37.4 million was recorded,…
Africa now dumping ground for aged aircraft
Chief Executive Officer of South Africa’s Air Traffic Navigation Services, Thabani Mthiyane has said Africa has become a scrap yard for aircraft that have outlasted their utility in Europe. He called on leaders on the continent to assure their presence…
Influx of foreign trawlers into Niger Delta waters worries FG
Disturbed by the infiltration of unregistered foreign fishing trawler operators into the Nigerian territorial waters especially in the volatile Niger Delta region, the Federal Government has ordered the Nigerian Naval Command to investigate and stop the trend. The Federal Government,…
