STB manufacturers’ key component group in Nigeria’s DSO eco-structure—NBC boss
…Lists newer phase of challenges, prospects The Director General of National Broadcasting Commission (NBC), Mallam Is’haq Modibbo Kawu has reminded Set-Top-Boxes (STBs) manufacturers that they remain a strategic component of the nation’s drive to a successful home-grown Digital Switch Over…
Broadband, cybersecurity to lead discussion at 2018 C’Wealth ICT Ministers Forum
The Commonwealth ICT Ministers Forum 2018, will take place on the 18 – 20 June 2018, in London with strong deliberations on broadband penetration and cybersecurity issues. The biennial meeting, first convened in 2014, will place emphasis on the outcomes…
CBN, banks’, in aggressive financial inclusion drive with 500,000 agent networks
The Central Bank of Nigeria (CBN) has sealed a partnership understanding to collaborate with banks and Mobile Money Operators (MMOs) to deepen Financial Inclusion in Nigeria. Business Hilights gathered Wednesday that already, about 10 MNOs and super agents will, any…
Wholesale licence for UBA London fuels our drive to grow cross-border services—Uzoka
The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA), Mr. Kennedy Uzoka, has described the fresh regulatory approval to carry out wholesale banking activities in the United Kingdom as a strong frontier for strengthening the bank’s capabilities…
Nigeria can save $3bn yearly if it begins backward integration on steel—BUA chief
In his remarks at the opening plenary of the Africa CEO Forum in Abidjan, Cote d’Ivoire, the founder/Executive Chairman of BUA Group and Chairman of CCNN, Abdulsamad Rabiu, has advised the federal government to work towards implementing backward integration in…
Transaction advisers for national carrier, others to be unveiled today, Thursday
After more than three years of news breaking by the Minister of Transportation Hon Rotimi Amaechi and Minister of State for Aviation, Capt. Hadi Sirika that government will refloat a national aviation carrier, aside any unforeseen circumstance, government will today,…
Road closures, diversions ahead of presidential visit deepen traffic chaos in Lagos
Traffic crisis in Lagos on Wednesday went berserk following several road closures and diversions ahead of ensuring smooth movement of the Presidential entourage as President Muhammdu Buhari begins a two-state visit today. President Buhari would be in Lagos on a…
Patronise ports in the Eastern flank of the county to decongest Lagos ports
The managing director of Nigerian Ports Authority (NPA), Hadiza Bala-Usman has appealed to importers and exporters to patronise ports in the Eastern flank of the county to decongest Lagos ports. Hadiza Bala-Usman, made the appeal at the NPA Special Day…
NERC to force Discos to work with independent meter providers for policy survival
Having observed that power distribution companies (Discos) are reluctant to welcome the new metering policy direction, the Nigerian Electricity Regulatory Commission (NERC) has ordered the 11 power distribution companies to immediately begin the engagement of the services of the recently…
LEKOIL begins legal action against Ministry over consent delay on OPL 310
Leading West Africa-focused oil exploration and production company, LEKOIL Limited, has commenced legal proceedings against the Ministry of Petroleum Resources over government’s failure to grant consent for LEKOIL’ s investment in Oil Prospecting Lease (OPL) 310 block offshore. OPL 310…
