Non-compliance with DSO rules may shut DStv, GOtv out of business in 2019
In line with how the ongoing Digital Switch Over (DSO) scheme is Nigeria is programmed, after June 2019, the Pay DTT operators would no longer be licensed to operate as both content providers and signal distributors. This provision is clearly…
MainOne plans Nerds Unite summit month end
MainOne has announced readiness for 2018 premier industry event; the Nerds Unite conference planned for Friday, February 23, 2018, Oriental Hotel, Victoria Island, Lagos. MainOne said the conference is designed to share new industry trends and developments with over 500…
Ochasi Peoples’ Assembly is divinely created to develop our people, area—Ohia
Leading indigenous investor in Nigeria’s electricity sector and pioneer chairman of Ochasi Peoples’ Assembly (OPA), Chief Ndubuisi Ohia has given a clear roadmap on how to develop Ochasi communities in Orlu Local Government Area of Imo State. In this Executive…
If NNPC sustains 100m litres of fuel daily this month, what happens from March?
Disquiet has started trailing a statement issued by the Nigerian National Petroleum Corporation (NNPC) on Thursday last week, announcing that it would continue to deliver 100m litres daily to Nigerians. The Corporation claimed that it has started bringing in two…
CSCS to invest in AI to drive new 5 strategic pillars ahead of 2020
The chief executive officer of Central Securities Clearing System (CSCS), Mr Haruna Jalo-Waziri, has given insights on how the establishment will drive growth in the industry, using a set of five strategic pillars. Address stakeholders recently in Lagos, Jalo-Waziri noted…
Unsteady electricity linked to lack of N73bn to distribute stranded 2,000MW—Minister
Fresh revelation has emerged from the minutes of the 23rd monthly meeting of the Minister of Power, Works and Housing, Babatunde Fashola, with operators of the power sector, saying Distribution Companies (Discos) in Nigeria is in need of about N73bn…
Property valuation not backed by any law or within FIRS mandate—-OPS stresses
Indications have emerged showing that the ongoing aggressive moves by the Federal Inland Revenue Service (FIRS) to raise money for the federal government from taxation are beginning to veer out the extant laws in Nigeria. Discoveries by members of the…
Osinbajo opens N4.1b new Nestlé factory, enjoins FCMG producers to take cue
Vice President Yemi Osinbajo, last week, called on other manufacturers of Fast Moving Consumer Goods (FCMG) in the country to take a cue from Nestlé Plc’s expansion drive to domicile their factories in Nigeria, saying the country remains the preferred…
Lagos Court issues Bench Warrant on Innoson chief, adjourns hearing to March 14
For failing to appear in court in person twice on a criminal matter, an Ikeja Special Offences Court has issued a bench warrant for the arrest of Mr. Innocent Chukwuma, Chairman of Innoson Motors Nigeria Ltd. The substantive suit was…
NPA sets up Committee on review of existing Concession agreement
The Management of Nigerian Ports Authority (NPA), has set in motion; a committee to liaise with representatives of Terminal Operators in the review of existing Concession agreement in the ports. Addressing participants at a Quarterly Meeting between NPA Management and…
