Anxiety as Reps summon Ali for allegedly paying unlicensed brokerage firms N250m
The House of Representatives Committee on Insurance has summoned the Comptroller General of Nigeria Customs Service (NCS), Col. Hameed Ibrahim Ali (rtd) for allegedly paying over N250 million to unlicensed brokerage firms. The House Committee on Insurance led by Adekunle…
NCC working to reach unserved, underserved with telecoms service
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has said the commission recognizes the importance of covering the unserved and underserved with telecoms services across the country. To get the unserved population, NCC has said…
DStv adds more varieties, contents effective tomorrow
The General Manager, Marketing, MultiChoice Nigeria, Mr. Martin Mabutho has once again maintained that the group will continue to give value to its customers in Nigeria. Speaking during a press briefing in Lagos to announce the addition of varieties and…
Anxiety as Senator rejects online registration for N500bn intervention fund
For fear of a possible scheme-out, Senator Ali Ndume, representing Borno South at the National Assembly has rejected the proposal that Nigerians wishing to benefit from the N500bn social intervention fund must register online. His argument was very simple: that…
FG plans to buy additional satellites for NigComSat at $550m – Shittu
Whereas many Nigerians are yet to understand the true status of the existing satellites owned by NigComSat after the unexplainable disappearance of one some years ago, indication emerged weekend that the Federal Government plans to purchase two additional satellites for…
Prices to flare up as manufacturers lose confidence in CBN’s forex policy
Indications have emerged that that considering the failure of the CBN’s directive that 60 per cent of the forex supply in the system go to the manufacturing sector had failed, manufacturers are forced to turn back to the killer black…
Drama as OBJ places order for size 42 of Made-in-Aba shoes
As a way of deepening local content drive and support for buying Nigeria, former President, Olusegun Obasanjo weekend placed an order through the Chief Marketing Officer of Made-in-Aba Product and Governor of Abia State, Dr. Okezie Ikpeazu, during the 2016…
Recession drives 9% crash in passenger traffic in Airports—NBS
The recession trailing the nation’s economy is not isolating any sector as latest report from the National Bureau of Statistics (NBS) has shown that the aviation sector recorded a decline of nine per cent in activities in the second quarter…
Over 100m adults live below poverty line in Nigeria—-Dangote
The President of Dangote Group, Alhaji Aliko Dangote, has decried the galloping number of Nigerians joining poverty bracket on a daily basis. In his lead paper presented at the Executive Course No. 38, 2016 of the National Institute for Policy…