Why Customs advised FG to order publication of ex-factory price of vehicles
More facts have emerged as to why the Presidency Wednesday ordered auto dealers to effective January 1, 2017 publish the ex-factory price of all their vehicles on display. A top official of Nigerian Customs Service (NCS) in Ikeja Federal Operations…
UBA, Moroccan bank seal deal in front of the presidency, monarch
Pan-African banking groups, Attijariwafa Bank and United Bank for Africa (UBA) Plc, in the presence of President Muhammadu Buhari and His Majesty King Mohammed VI signed a Memorandum of Understanding (MoU) to strengthen their collaborative efforts in correspondent banking, investment…
FirstMobile records 1m user base, N1.3tn transactions
Barely one year after its launch, FirstMobile, FirstBank’s mobile banking platform has recorded double milestone hitting one million active users and growing activities to N1.3trillion transactions mark. It would be recalled that FirstBank launched the platform late last year as…
NASS goes against 30% export expansion grant
More than four years after the former President, Goodluck Jonathan suspended issuance of 30 per cent Export Expansion Grant (EEG) to exporters, the House of Representatives has advised the Federal Government to maintain the suspension, saying it remains a conduit…
Maritime stakeholders, NPA move to automate operations at ports
More credence have been given to the planned reforms of the nation’s shipping industry as the Nigerian Ports Authority (NPA) and shipping stakeholders have agreed to reposition Nigerian ports for modern equipment and technology applications. The experts recently gathered at…
Return all delayed baggage from London to Lagos within 24 hours, NCAA hits Arik Air
The observed rising cases of baggage loss and theft may have caught the attention of the government as the Nigerian Civil Aviation Authority (NCAA), Wednesday directed Arik Air to return all delayed baggage of its passengers from London to Lagos…
NCC plans fresh scientific study on data pricing, explains tariff hike confusion
The leadership of Nigerian Communications Commission (NCC) has given more insights to what actually transpired on the botched data tariff changes. Explaining the development at a Senate Committee hearing Tuesday, the Executive Vice Chairman, Prof. Umar Danbatta said the choice…
How Ghana used 4G license to drag MTN, others to list on the Exchange
The Ghana National Communications Authority (GNCA) at inception, made it clear in its regulatory requirement that winners of 4G LTE licenses must offload 35 per cent shares in its company to Ghanaians after acquiring the 4G license. This is expected…
Electricity vandals’ days numbered as NERC invokes tracking app, ‘Hawk Eye’
If demonstrations carried out during the launch were anything to go by, activities of vandals and energy thieves in the electricity industry may be a thing of the past on implementation of the software application. Explaining more on why the…
Oil climbs to $55.33 in buying rush after OPEC agreed cut, exempt Nigeria
Crude rose above $55 a barrel as rising prospects of a tightening market after last week’s OPEC landmark deal to cut production has given speculators impetus to increase bets on higher prices. Monday’s gains take the rally since the Organization…
