OPEC compels Nigeria to cap oil output at 1.8mln bpd
Indication emerged on Monday that the Federal government has agreed to OPEC’s terms to voluntarily cap its oil output at 1.8 million barrels per day (bpd) once it reaches that level. This was announced by the Kuwaiti Oil Minister Essam…
Organise roadshow in UK to drive oil and gas investors–Britain envoy tells NNPC
The British High Commissioner, Paul Arkwright, has advised the Nigerian National Petroleum Corporation (NNPC) to design a structured road show in London to create awareness on the possible investment opportunities available in the Nigerian oil and gas sector. Addressing a…
38 years after, Innoson changes life of man that dreamt of IVM producing cars for Africa
It was electric last Saturday, July 22, 2017 when the chairman of Innoson Vehicle Manufacturing (IVM), pioneer African car manufacturing giant, Dr. Innocent Chukwuma (OFR), gave our leading brand from his stable, new IVM G5 and instituted a salary for…
Why Senate Committee differences with NPA may need political solution
Trouble seemed to have started from Thursday last week, when the Chairman, Senate Committee on Customs, Senator Hope Uzodinma fired the first shot on the management of Nigerian Ports Authority (NPA) when he invoked the powers of the Committee to…
Force of logic, rather than logic of force best for national cohesion—NCC
Nigerian Communications Commission (NCC) has suggested a workable antidote to the intractable contemporary critical national issues hobbling the country at the 2017 Annual Lecture of Mass Communication Students Association, University of Lagos. Presenting his Keynote Speech, Executive Commissioner Stakeholder Management…
Current DSO’s operating business model not attractive to investors—ITS boss, Rotimi
Fresh reason on why more investors are still flat-footed in venturing into the Digital Switch over (DSO) driven by the National Broadcasting Commission (NBC), has been revealed. Speaking recently in Ilorin, the Kwara State capital during the tour of transmission…
CJN mulls review of NCC Act 14 years on, says many new things not covered
The Chief Justice of Nigeria (CJN), Justice Walter Onnoghen, has opened up on the need to quickly carry out a review of the 2003 Act establishing the Nigerian Communications Commission (NCC), saying it has not only become obsolete but emergence…
FG makes headway on broadband, harmonizes RoW charges for telecom InfraCos
The recent approval harmonizing right of way charges payable by the telecommunications companies and related public utility infrastructure on Local Governments, States and Federal Highways by the National Economic Council (NEC) has elicited reactions from industry experts. It would be…
NCC, Gombe Varsity host Telecoms Consumer Conversation Forum, assures on QoS
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has reiterated the Commission’s continuous drive to improve the quality of consumer experience across the country. Danbatta made this public at Gombe State University, Gombe where a…
Senate plots national rent law to free up unoccupied estates in FCT, nationwide
Barring last minute hiccups and the tortuous journey of public interest bills at the National Assembly, indications have emerged that a new rent edit that will remove obstacles and crash housing rents across the country. Details gathered by Business Hilights…
