Sending “STOP” to 2442 don’t end unsolicited sms, many subscribers insist
Crisis of trust is gradually building up between telecoms subscribers’ and the regulator, the Nigerian Communications Commission (NCC). This is stemming from the fact that contrary to the claims of the Commission that mere sending of ‘STOP’ to a coded…
How Senate relied on Zinox Ekeh’s expert advice to give legal boost to e-Voting
The use of smart card readers for the authentication of accredited voters during any election in Nigeria has been legalized by the Senate following the amendment of the Electoral Act of 2010 to legalise the use of smart card readers…
Customs plans online auction of seizures, makes tax clearance key condition
The leadership of Nigerian Customs Service (NCS) has changed its traditional model of auctioning seizures, saying the planned next round of auctioning will be driven online. Added to the new auctioning model, the Service said in a statement that “Only…
Complains of site hanging frustrating UTME 2017 online registration @ JAMB portal
Indications have emerged that not all prospective students who had planned to register for the UTME 2017 examination organized by the Joint Admissions and Matriculation’s Board (JAMB) are likely to successfully conclude the ongoing online process. This is based on…
Confusion as DBN set to clash with BoI’s activities, targets 20,000 MSMEs in first year
Just as the Bank of Industry (BoI) since the beginning of this has been growing the consolidation of Small and Medium Enterprises (SMEs) via loans, training and grants, the newly licensed Development Bank of Nigeria (DBN) will finance about 20,000…
CBN remains unstoppable in sustaining foreign exchange liquidity—Okoroafor
Contrary to the advice of the International Monetary Fund (IMF), the Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the market and enhance accessibility…
Customs expects over N7bn from 3,190 vehicles auctioning seized in 2 years
Considering that within the last two year, the Nigerian Customs Service (NCS) has made car seizure worth N7.75bn, it is likely to rake in about N7bn form vehicles auction as it is not expected to auction bellow market value of…
Lift forex ban on 41 items, criminalize Bureau D’Change to exit recession early—IMF
The long awaited warning from the International Monetary Fund (IMF) finally came and two major contents include that the Federal Government need to lift the remaining foreign exchange restrictions on the 41 items and see how it can outlaw multiple…
Price of cooking gas still high as Nigerians need 3m cylinders yearly – NCDMB
Contrary to claims by the managing director of Nigeria Liquefied Natural Gas (NLNG) that price of cooking will drop before the end of first quarter, checks by Business Hilights Economic Team over the weekend in parts of Abuja, Port Harcourt…
FG begins payment of $5.1b cash calls to IoCs this month to grow activities
The Minister of State for Petroleum Resources, Ibe Kachikwu has weekend gave an indication that Federal Government will begin payment of $5.1 billion joint venture cash calls to International Oil Companies (IoCs) from this month, April 2017. Explaining more in…
