Exchange rates convergence emerging as forex seekers flee BDCs for black market
Preliminary indications are beginning to show that the dream of the Central bank of Nigeria (CBN) in hitting a single rate both for Bureau d’ Change (BDC) and black market operators. Since this week, foreign exchange users are experiencing the…
90% of manufacturing, industrial sectors in Nigeria fall under SMEs—Glo
Leading national carrier and grand data masters, Globacom has revealed that that 90 per cent of the manufacturing and industrial sectors in the country fall under Small and Medium Enterprises (SMEs). In a presentation made at the Nigerian-American Chamber of…
Can ease of doing business thrive when contacts on MDAs websites don’t work?
A scenario of not matching actions with words seems to be playing out at the level of ministries, departments and agencies (MDAs) in the ongoing drive to deepen ease of doing business being championed by the federal government. According to…
NCC has failed, compromised its statutory duties to protect telecoms consumers—Senate
The Nigerian Senate may be set to weld the big stick on the Nigerian Communications Commission (NCC) on grounds of rising telecoms consumers complains over galloping cases of dropped and unconnected calls which they were equally charged. At plenary on…
Huge data hunger frustrating quality of service—CEO of Spectranet, David Venn
Leading investors and pundits in Nigeria’s data market have again, called on the regulator, the Nigerian Communications Commission (NCC), to as a matter of urgency review the nation’s data price floor to drive investments and Quality of Service (QoS). Driving…
Yudala reveals 6 things smartphones could do for the owners
Yudala, Nigeria’s fastest growing composite e-commerce outfit has come up with a report on six new things smartphones can do for holders. Ordinarily, Smartphones are amazingly useful machines. Indeed, they are not just called smart for nothing. That device in…
More confusion trial FG’s claims on progress of work on $1 billion Ogoni cleanup
The Nigerian Senate has joined the league of bodies trailing recent discovery that work may not have started on the publicized resumption of cleanup activities at polluted sites in Ogoniland, Rivers State. Speaking at plenary, the Senate mandated its committee…
Aviation retirees uncover plot to hand airports over to surrogates of minister, others
Pensioners, under the aegis of the Association of Nigerian Aviation Professionals (ANAP) and the Nigeria Union of Pensioners (NUP), have accused the Minister of State for Aviation, Senator Hadi Sirka, of hatching a plot to concession four Nigerian airports to…
Amaechi dumped committee’s report on new national fleet 12 months after– Akinsoji
A top member of the federal government’s implementation committee constituted last year by the Minister of Transportation, Rotimi Amaechi to screen shipping operators interested in acquiring part of the 60 percent holding for Nigerians in the proposed national fleet, Engineer…
NPA very careful in granting approvals for deep sea port—Usman
The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has made it clear that the agency is now taking its time in granting approvals for states wishing to invest in deep sea ports to limit the chances of…
