Glo introduces premium IDD pack
Leading indigenous telecoms group, Globacom has unveiled new international direct dialing (IDD) packs. The new deal is designed to allow millions of telecom subscribers on the Globacom network to make calls to 30 major destinations across the world at affordable…
MTN, Huawei announce dates for Africa-wide deployment of NB-IoT
The duo of leading technology firms, MTN and Huawei have announced launch dates for Narrowband Internet of Things (NB-IoT) solutions in Nigeria and other African countries. Whereas the Low Power Wide Area technology will be launch in Nigeria by the…
Kerosene beyond reach of many Nigerians, sells above N350 per litre outside Lagos
Whereas several petrol stations in Lagos have continued to dispense Household Kerosene (HHK), popularly called kerosene between N180 and N200, a report by the National Bureau of Statistics (NBS) has revealed many states especially in the North, South and East…
FG seeks stakeholders’ assistance to cut oil production cost from $27 to $18pb
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has urged stakeholders to work together in bringing down the cost of production in the industry to a reasonable and manageable level. He said crude oil was still being produced…
Kachikwu seats as chairman of newly inaugurated NNPC, NNRA, NCDMB boards
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu is now the board chairman of three parastatals under his ministry following the inauguration of the boards Friday by President Muhammadu Buhari. The three government agencies include the Nigerian National…
NEPC churns out 75 graduates from AGOA resource centre, Lagos
The Chief Executive Officer of Nigerian Export Promotion Council (NEPC), Mr. Segun Awolowo, has issued certificates to 75 graduates of the African Growth Opportunities Act (AGOA) Resource Centre in Lagos. Addressing media executives during the event, he said the initiative…
DSS hits Kano illegal BDC operators, arrest 55
Barely one week after cleaning up the streets of Port Harcourt and some parts of Lagos and Abuja, yesterday, the operatives of Department of State Security (DSS) in Kano raided key high streets including the famous Wapa Bureau d’ Change…
ECA, partners to tame illicit financial flows from Africa
As illicit financial flows from Africa grows from $50 to $60 billion every year, the Economic Commission for Africa (ECA) will be meeting with its partners to develop new action plans to tame the scourge. In a press release issued…
First Bank chairman, Awosika sees SMEs as antidote to economic sustainability
The Chairman of First Bank Nigeria, Mrs. Ibukun Awosika has said that Small and Medium Enterprises (SMEs) remains the bedrock of an economy that will survive shocks. She argued that SMEs constitute the bulk of most African economies, and comprise…
