Relief as NCC suspends directive on data segment price floor
Following the concerns that visited the directive to introduce price floor for data segment of the telecommunications sector beginning from December 1, 2016, the Nigerian Communications Commission (NCC) has suspended any further action in that direction. MTN and Etisalat had…
Cowbellpedia winners give antidote to understanding Mathematics
Excited winners and teachers in the just concluded 2016 Cowbellpedia Secondary School Mathematics TV Quiz Show have revealed the various strategies to “arrest” the Mathematics phobia. In many parts of the world, mathematics is regarded as the bedrock of science,…
NASS seeks reduction in petrol price to N70 per litre
The House of Representatives Tuesday urged the Petroleum Products Prices Regulatory Agency (PPPRA) to review the current price template for Premium Motor Spirit (PMS) with a view to reducing the price to N70. This followed the adoption of a motion…
Confusion as Fitch doubts Nigeria’s crude-for-loans deals with India, China
Nigeria is about to tread a familiar but very vulnerable part again after it observed that earlier oil swap deals orchestrated during the last administration were infested with abuses. This fear may have been given credence as leading global assessment…
OPEC meets today, may end up taking a tough decision on cuts
OPEC meets November 30, in an attempt to reach some form of production freeze deal, but amid a number of disputes that make agreement very difficult. There are short-term incentives, under the pressure of summitry, to come up with something…
CWG invents solution capable of tracking products for manufacturers
Leading software solutions merchant, CWG Plc has disclosed that its flagship, SMERP Product Distribution Management system has been innovated and powered with chips that will trail products transit from manufacturing companies and their distributors to the end users. Business director,…
Dangote Foundation increases donations to IDPs, stakes N1.3 billion
Dangote Foundation has flagged off the distribution of food and other relief items worth over N100 million to IDP camps in the state, thus growing its intervention to N1.3 billion. The Foundation said its support to the IDPs and other…
Experts seek seamless spectrum trading, harp on usage not ownership
Stakeholders in telecoms industry Tuesday in Lagos agreed that further auctioning of telecoms spectrum should be conducted in a way and manner that will accommodate more operators in form of sharing and trading model capable of encouraging aggregate investments by…
‘Leave MTN alone, interrogate FRCN, CBN, NIPC further on $13.9b transfer’
Since Senator Dino Melaye raised the issue of alleged transfer of $13.9bn by MTN Nigeria between 2006 and this year on the floor of the Senate earlier in September, there has been a kind of shielding of concerned regulatory agencies…
