Are networks deceiving Nigerians on availability of 4G LTE?—Xalam report opens up
Contrary to earlier speculations and claims by telecom networks that their long-started rollouts of 4G LTE will change the narratives in socioeconomic activities, fresh revelations form a new market research conducted by Xalam Analytics showed that the 4G network deployment…
Mandatory use of NIN from Jan 1, 2019 may not work if…–Experts
Whereas the leadership of the National Identity Management Commission (NIMC) and the telecommunications operators are strategizing on how to ensure smooth transition of processes towards the January 1, 2019 deadline for the mandatory use of the National Identification Number (NIN)…
Falling oil price: Rewane gives FG two options: adjustments or restrictions
Following the observed steady drop in global oil prices, the Managing Director of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has called on the federal government to begin a paradigm shift with downward review of the planned $65 oil benchmark…
ABCON claims its partnership with CBN largely stabilized the naira
Whereas there seems to be a regime of forex stability even though exchange remained on the high side, the leadership of the Association of Bureaux De Change Operators of Nigeria (ABCON), has traced the observed strategic partnership between the Central…
Discos breaching applicable regulations in estimated billing procedure—NERC
…Firms failed in meeting prepaid metering target in 5 years Fresh report coming from monitoring exercises carried out by the Nigerian Electricity Regulatory Commission (NERC) on the way and manner used by electricity Distribution Companies (Discos) in the implementation of…
Absence of human, goods traffic may rubbish Warri-Itakpe Rail Corridor—survey
Many Nigerians have continued to query the rationale considered by the federal government in rushing the delivery of Warri-Itakpe rail corridor when there has not been any known traffic demand on the stretch. The query became pertinent considering silence and…
11 Plc rejoins aviation fuel business with new 20m litres tank farm in Apapa
Chances of aviation jet fuel (ATK) becoming scarce in Nigeria are becoming slimmer as former player, 11 PIc, has reentered the sub sector, now with bigger investments and infrastructure. Otherwise, the group has rejoined the sale and marketing of ATK…
Postal Commission Bill’ll send wrong signals to prospective investors—LCCI
The leadership of the Lagos Chamber of Commerce and Industry (LCCI) has identified negative contents in the Nigeria Postal Commission Bill currently before the National Assembly, saying if passed and assented as it is now, thousands of jobs would be…
Ghana gets $100m education infrastructure funding from China Exim Bank
As part of drive to grow education infrastructure in Ghana, the government has secured $100 million from the China Exim Bank to upgrade infrastructure, equipment and other training materials for technical universities and institutes in the country. This was made…
