Weak port infrastructure costs FG N1tn, companies N2.5tn in 2018—LCCI, others
New report coming from a survey carried out by the Lagos Chamber of Commerce and Industry (LCCI), Organised Private Sector and the Centre for International Private Enterprises in 2018, has shown that poor ports facilities drained the Nigerian economy about…
Being consumers than creators of digital services Africa’s undoing—CWG boss
Nigerian digital wizkid and Acting CEO/MD of CWG Plc, Mr Adewale Adeyipo, has revealed a growing dangerous scenario capable of withholding Africa’s future in knowledge economy race, saying Africa is rapidly becoming consumer of digital services rather than creators in…
NBC, firm to achieve TV connectivity using free rural broadband Internet
Considering the existence of TV White Space which refers to unused broadcasting frequencies in the wireless spectrum, the National Broadcasting Commission (NBC) has signed a Memorandum of Understanding with a private firm, Corrido Communications Limited to the window in connecting…
Clash of NCAA Act with new FCCP Act on aviation may frustrate industry—NCAA
Strong indications have emerged revealing that rather than resolving existing clashes between Part 19 of the Nigerian Civil Aviation Regulations 2015 providing for consumer protection and Consumer Protection Council (CPC) Act provisions, the new Federal Competition and Consumer Protection (FCCP)…
Eko 20,000bpd modular refinery’ll receive US support till delivery—USTDA
Contrary to speculations that the upcoming 20,000 barrels per day (bpd) promoted by Eko Petrochemical and Refining Company is going down, the U.S. Trade and Development Agency (USTDA) has reaffirmed its support for the Tomaro Island Port refinery in Amuwo…
MAN lists factors to frustrate production, sufferings if VAT is increased
The Director General of Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir has listed the possible economic realities and effect of likely hike in taxes, saying “In terms of misery index rating, low per capita income, heavily lopsided income distribution pattern,…
Ghana takes bold step in justice dispensation, begins paperless court system
Years of efforts in reforming Ghana’s justice system has paid off with the takeoff of E-Justice platform, designed to automate the existing manual filing systems within the Courts’ registries. Launching the platform at the Law Courts Complex in Accra recently,…
Atiku, PDP can serve petition on Buhari through APC–Appeal Court rules
As part of speedy hearing of the presidential election petition filed by the Peoples Democratic Party (PDP) and its presidential candidate, Alhaji Atiku Abubakar over alleged irregularities in the February 23, 2019 presidential election, the Court of Appeal in Abuja…
Fidelity Bank hits over 300,000 new customers from ongoing GIAM promo—Madiebo
As the ongoing ‘Get Alert in Millions Savings Promo (GAIM) Season 3’of Fidelity Bank hits next level, the Divisional Head, Retail Bank, Richard Madiebo, has revealed that the bank had registered over 300,000 new customers since the beginning of the…
Johnson delivers Adedeji lecture, queries African delays in digital transformation
Former Minister for Communications Technology, Dr. Omobola Johnson has delivered the UN Economic Commission for Africa’s (ECA) annual Adebayo Adedeji Lecture at the ongoing Conference of Ministers in Marrakech. Held in memory of the Nigerian scholar Adebayo Adedeji – arguably…
