NATCOMS seeks N10,000 air time for failed stoppage of unsolicited sms, calls
The National Association of Telecoms Subscribers of Nigeria (NATCOMs) has flagged off a mouth watering campaign for the payment of N10,000 worth of airtime to subscribers whose official request for end to unsolicited sms and calls to any network fails…
NCC warns banks’ as last fight for the soul of Etisalat rages, assures subscribers
In a terse statement issued on Tuesday evening by the Nigerian Communications Commission (NCC), the agency said its attention has been drawn to a planned takeover of Etisalat by a consortium of banks. The statement signed by the Director of…
Fibre cuts somewhere in Portugal caused MainOne’s services disruptions
The management of leading data centre services group, MainOne Cable Company has disclosed that the observed service hiccups being experienced by its customers was due to a fibre cut on its submarine cable system, 3000KM offshore Portugal. The outage, the…
Game over as 13 banks now part owners of Etisalat, new ownership structure underway
After weeks of lifeless battle and semantics to maneuver 13 lion-eyed Nigerian banks, indication emerged Tuesday evening that the end game has been won and lost as struggling telecoms group, Etisalat Nigeria is now working out new ownership structure that…
N701bn survival lifeline underway for NBET Plc to grow power sector
The federal government may have concluded plans to release a second batch of the N701bn intervention fund to the Nigeria Bulk Electricity Trading (NBET) Plc as part of moves to grow power supply across the nation. Acting President, Yemi Osinbajo,…
Fidelity Bank, Empretec deepen financial inclusion, train youths on entrepreneurship
Leading commercial bank, Fidelity Bank Plc, in a strategic partnership with Empretec Nigerian Foundation has ended a graduate entrepreneurship training programme for 200 youths in Cross River State. The scheme is part of the bank’s drive to grow financial inclusion…
Endless concession of Ajaokuta Steel reenacted with fresh counter by Indian group
At a time the peace accord signed by the Federal Government and the Indian firm, Global Infrastructure Nigeria Limited (GINL), for the resolution of the Ajaokuta Steel Company’s legal tussle was expected to yield, the company has come up a…
After ‘No Case’ submission by DSS, Capital Oil boss, Ubah freed
…Lawyers may persuade him to sue for unlawful detention After weeks in detention, the managing director of Capital Oil and Gas Limited, Dr. Ifeanyi Ubah, has been released by the Department of State Security (DSS). Whereas earlier speculation by the…
Akwa Ibom State govt may initiate legal action on Total over N25bn tax evasion
Indication emerged on Tuesday that barring any last minute change of strategy, the Akwa Ibom State government may begin class action against oil multinational, Total E&P Nigeria Limited in an effort to recover about N25bn. The fund is said to…
De-categorization of port terminals means huge loss of government revenue—INTELS
Core investors at Onne Free Frade Zone in Rivers State, INTELS Nigeria Limited has said that it opposes the de-categorization of port terminals by Nigerian Ports Authority (NPA) as it will amount to huge revenue loss to the Federal Government…
