We said it: NCC sanctions call maskers, Medallion gets 90 days suspension
The Nigerian Communications Commission (NCC), on Tuesday handed down varying degrees of sanctions on telecoms services providers engaging on clandestine practices including call-masking, call-refiling and SIM-Boxing. This followed weeks of intelligent surveillance and even face-to-face questioning of named defaulters who…
Consider unique tax holiday on ICT to drive needed private sector investment–Zinox chief
Leading pioneer in Nigeria’s Information and Communications Technology (ICT) industry and chairman of Zinox Group, Leo Stan Ekeh, has once again, advised the federal government to consider granting exceptional tax concessions to the technology sector. Explaining more while receiving the…
Material handling, logistics’ll become $75bn market by 2027—-Report
A new report by the IDTechEx Research on Mobile Robots & Drones in Material Handling and Logistics 2017-2037 which focused on all aspects of mobile robotics in material handling and logistics has revealed that by 2027, that is in nine…
Finally, CBN bows to public complains, begins issuance of lower naira notes
…As traders decry non-inclusion of N100, N200 After heated complains from mainly the informal sector of the economy over the near scarcity of lower naira denominations including N100, N200 and much lower ones, the Central Bank of Nigeria (CBN), on…
Time to rethink numerous Chinese banks’ infrastructure funding in Nigeria —BHIU
Investigations by Business Hilights Intelligence Unit (BHIU), the research arm of Business Hilights publications group, have shown that since the creation of Nigeria, the current administration remains the highest in sourcing infrastructure funding from China. However, the question remains what…
Financial crimes in S’Africa jump to 77% all time high, raising cost, answerability crisis
New report bordering on financial crimes rate in South Africa less than two weeks after the ouster of former President Jacob Zuma has shown exponential rise in economic crime. The report, prepared by PwC’s biennial Global Economic Crime Survey released…
Bears resurface on equities at Nigerian Stock Exchange Tuesday, February, 27, 2018
EQUITIES The bears resurfaced in the equities market, with the ASI closing lower by 0.66% to 42,299.56 points, following profit taking in major stocks. Accordingly, the Month-to-Date and Year-to-Date returns moderated to -4.61% and 10.61% respectively. The Banking index recorded…
Many death caused by Diabetes due to ignorance, lack of knowledge–WHO
A new report by the World Health Organization (WHO) has revealed that “So many death caused by Diabetes is due to ignorance or lack of knowledge on it”. WHO averred that there is an emerging epidemic of diabetes that can…
NAMA plans high frequency long range communication radios to improve air traffic
As part of fresh drive to deepen air communications and safety, the Nigerian Airspace Management Agency (NAMA) is set to deploy latest technology known as stand-alone JOTRON high-powered, very high frequency long range communication radios to improve nationwide air traffic…
NPA hails PMWCA for multilateral synergy in West, Central African shipping
Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, has commended the Port Management Association of West and Central Africa (PMWCA) for continually overseeing the progress of shipping synergy amongst ports in West and Central Africa. She also commended…
