Buhari’s return deepens naira gains, trades at 455/dollar
Indication emerged Friday that the positive impacts of President Muhammadu Buhari’s return from London extended to the performance of naira same day as naira firmed at 455 to a dollar amid liquidity boost in the Bureau De Change and parallel…
Relief underway for Etisalat as NCC rallies CBN, affected banks Friday for talks
The Nigerian Communications Commission (NCC) has made apparent inroad over the possible amicable settlement of the multi-billion non-performing loans owed three banks by Etisalat Nigeria. This indication is coming after a meeting Thursday afternoon in Abuja between the Executive Vice…
NITDA exposes ministry over illegal, undocumented debits of N1bn in 5 years
The leadership of National Information Technology Development Agency (NITDA) headed by Dr. Pantami has exposed what it described as serial withdrawal of over N1bn from the development agency by the Federal Inland Revenue Service (FIRS) on the fiat orders of…
NCC kicks off ‘Year of the Nigerian Telecom Consumer’ campaign Wednesday next week
All is now set for the flag off campaign of the Nigerian Telecom Consumer. It is billed for Wednesday, March 15, 2017 which coincides with the 2017 World Consumer Rights Day (WCRD) with the theme “Building a Digital World Consumers…
VConnect, Nolands Tax drill SMEs on merits of online presence, tools
Two development focused companies, VConnect and Nolands Tax have concluded training for operators of small and medium scale enterprises (SMEs) in Nigeria and charged them not to shy away from the imports of online presence in growing their businesses. The…
What happens if CBN stops to momentarily inject dollars to the economy?
Considering the observed momentary ups and downs of naira value at the parallel and interbank markets any time the Central Bank of Nigeria (CBN) injects dollars, finance analysts have continued to raise concerns, saying the idea has shown inability to…
Why parent firm, Etisalat UAE is helpless on Etisalat Nigeria’s N537bn debt
Though the Nigerian affiliate of Abu Dhabi-listed telecoms company Etisalat, is in talks with 13 Nigerian banks to renegotiate the terms of a $1.2 billion loan, the profit it recorded in the recent results released at the Abu Dhabi Exchange…
