ABCON’s QER seeks end to multiplicity of foreign exchange windows
More pressure are now on the Central Bank of Nigeria (CBN) to take another strategic look at its foreign exchange regime so as to end the multiplicity of foreign exchange windows which is driving multiple exchange rate regime in the…
Teniola-led new Exco begins fresh tenure as ATCON group ends AGM in Lagos
President of the Association of Telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola, was on Thursday, returned unopposed for second term in office at the 2018 Annual General Meeting (AGM) of the telecoms industry leading pressure group in Lagos. In…
New 1st Vice President of ATCON, Nnamani seeks fresh interconnect settlement scheme
The newly elected first Vice President of Association of Telecoms Companies of Nigeria (ATCON) and chief executive of Medallion Communications Limited, Mr. Iyke Nnamani has called on the telecoms regulatory authority, the Nigerian Communications Commission (NCC) to think outside the…
‘Executive bill to criminalize breach of local content policy on IT procurement coming’
The Minister of Communication, Barr Adebayo Shittu has revealed that the federal government is working on a legislative move to enact a holistic law to criminalize breach of the Executive Orders 003 and 005 on local content in Information Technology…
Ikeja Bus Terminal empty barely one month after commissioning by PMB
The Ikeja Bus Terminal recently commissioned by President Muhammadu Buhari earlier this month has been lying fallow since the commissioning due to non-arrival of buses to make use of the infrastructure. Recently, the Lagos State Government assured that whereas government…
Atiku at Chatham House, says Nigeria has the potential to leap from third world to first
Being an address delivered by His Excellency, Atiku Abubakar, Vice President of Nigeria 1999-2007 at the Royal Institute of International Affairs (Chatham House) on Wednesday, April 25, 2018 Protocol: I thank the Royal Institute of International Affairs for…
2019: Nothing yet to explain why FG can’t act against herdsmen killings in Benue, others
In the history of presidential elections in Nigeria, the Middle Belt has always been the decider corridor as wherever the votes from the states swing to, usually carry the day, no matter whatever that is voted in other parts of…
Payment on fuel subsidy rising as petrol landing cost hits N190 on high crude prices
There are strong indications that the Nigerian National Petroleum Corporation (NNPC) may have to find additional funding to keep maintaining the pump price of fuel at N145 considering the rising oil price which has been pushing up petrol landing cost….
7,000bpd modular refinery to start operation in third quarter
Strong indication has emerged that a 7,000 barrels per stream day modular refinery, promoted by Pillar Oil Limited, Omsa Limited and Astek Limited currently under construction in Kwale, Delta State, will begin production between the third and last quarter of…
Report links cumbersome terms of procurement process to MSMEs access to FG contracts
A new report commissioned by Google, in collaboration with Ventures Platform Research, titled: ‘Tech Entrepreneurship Ecosystems Research – Nigeria’ has linked observed failures of MSMEs to access and execute government contracts. The report further provided in-depth analysis of the key…
