FG debunks news of monitoring citizens’ calls, social media, says it’s false
Less than 12 hours after the news went viral that the federal ministry of Interior has started wiretapping of all calls, sms and social media activities of Nigerians, the Federal Government through the Ministry of Information and Culture has described…
Again, NCC insists that telecom masts, towers constitute no health hazards
Just like it has been educating Nigerians over the years, the Nigerian Communications Commission (NCC) has reiterated that there has been no scientific proof showing that there is health issue surrounding telecom masts and towers mounted anywhere in the country….
Court declines jurisdiction on suspected killers of Jumia delivery man, adjourns case indefinitely
A chief magistrate court sitting in Port Harcourt, the Rivers State capital has declined jurisdiction on the case of the three suspected killers of a Jumia agent, late Eleje Chukwuma, in the Port Harcourt and reminded them in Maximum Prison…
China adopts flat-rate reward of $72,460 for whistleblowers, Nigeria insists on percentage
The policy of Whistle Blowing in an economy to smoke out stolen public funds and assets seems to be gaining grounds in other climes. Barely less than six months after Nigeria, through the Ministry of Finance has introduced the scheme,…
CBN begins tightening of liquidity with seven to 30-day maturity Forwards sale
Indications have emerged that the combination of foreign exchange (forex) and Treasury Bills (T-Bills) auctions by the Central Bank of Nigeria (CBN) last week, calmed the quantity of money in circulation making investors to scout for naira to pay for…
Stock Exchange warns investing public to be cautious in dealing with Conoil, 10 others
Pursuant to Rule 2.2.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules), the Nigerian Stock Exchange (NSE) has informed the general public that Conoil Plc, and 10 other companies have missed the…
Again, Dangote restates confidence on economy, marks 60th birthday today in Lekki
President of Dangote Group, Aliko Dangote, has once again reconfirmed his belief in Nigeria economic potential, saying it remains unshaken. Already, President Muhammadu Buhari felicitated with Africa’s richest man and philanthropist on his 60th birthday yesterday (Monday). The business mogul…
Don’t import rice in free trade zones but ports, CG of Customs warns operators
To limit chances of abuse of privilege using their facilities, the Comptroller-General of Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), has banned rice import in trade free zones, insisting that rice imports remain at seaports. Public Relations Officer of…
Africa racing against time as deadline for Continental Free Trade Area ends this year
The deadline for attaining the Continental Free Trade Area (CFTA) in Africa is end of this year, 2017, and negotiators appear to be working against time to achieve some of the timelines. Though negotiators agree to liberalise tariff lines towards…
