Can Satellite drive broadband penetration in Nigeria better than fibre?
…Yahsat CEO, Brown prefers satellite but… A serious debate between satellite driven broadband penetration and fibre optic cables powered penetration is now trending in Nigeria. Besides, the debate is further tracked based on the fact that the challenges facing licenced…
Fears of SA’s AG Mobile poor sales in Africa can weaken Egypt’s SICO smartphone
Strong indications have emerged on the readiness of Egypt’s first smartphone maker, Silicon Industries Corporation (SICO) to enter the rather stiff African market soon to boost exports. However, the inability of South Africa’s first smartphone maker, AG Mobile which entered…
Suppression of Nigerian carriers on West Coast route big blow to SAATM—Onyema
The Managing Director of Air Peace airlines, Allen Onyema has lamented the loss of over N1billion in the last six months over alleged politics of protectionism on the African continent, an act contrary to the provisions of Single African Air…
More confusion as Polaris Bank MD differ with AMCON on tenure, sale
Barely one week after the managing director of defunct Skye Bank, now Polaris Bank, Mr. Tokunbo Abiru said in Ibadan that his board is working on the 2016 template given to them by the Central Bank of Nigeria (CBN) to…
Jumping petrol landing cost at N205 may spark off crisis in downstream soon—Expert
Considering the skyrocketing landing cost of the Premium Motor Spirit (petrol) being imported into the country now at N205 per litre on the back of the recent increase in global oil prices, the federal government is now at crossroads on…
‘Discos foot-dragging in sealing partnership with MAPs for meter access’
A secret has been revealed by a top official of out of the 85 Meter Asset Providers (MAPs) on the grand plan by many of the electricity distribution companies (Discos) to frustrate the needed partnership with MAPs in the efficient…
NLC scribe, Lawal reveals adoption of N30,000 new wage as FG claims ignorance
Contrary to the trending claims by the federal government that the tripartite committee on new minimum wage has not come up with a unified figure, the Secretary General of Nigerian Labour Congress (NLC), Mr. Bashir Lawal, in a telephone interview…
Executive Order 008 allows one-time levy of 35% on total offshore assets but…
More details have emerged on the recent Executive Order 008 entitled: ‘Voluntary Offshore Assets Regularisation Scheme’ (VOARS) signed by President Muhammadu Buhari earlier this week. The new details was extracted from the leading provision which said “Any taxpayer who truthfully…
NIMASA reads riot act to IOCs, says no more Cabotage waivers
Following barrage of criticisms on the inability of the agency to disburse Cabotage Vessel Financing Fund (CVFF) amongst indigenous shippers to deepen their capacity, the Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said…
At last, Abuja, Port Harcourt Airport Terminals set for opening month end—Minister
Contrary to fears of missing target, the federal government has assured that arrangements to open the new terminals of Nnamdi Azikiwe International Airport (NAIA), Abuja and Port Harcourt International Airport (PHIA) by the end of October this year are on…
