Just in: IMSG denies involvement in seizure of Okorocha, daughters’ properties by EFCC
… As Okorocha links raids to PDP, Ihedioha Barely one week after the umbrella body of all Imo State Town Unions and professionals presented a protest letter to Governor Emeka Ihedioha containing lists of public properties allegedly cornered by former…
InfraCos prefer Executive Order to block states’ multiple taxation
…As NCC’s N65bn subsidies are for delivered jobs Latest policy position of the telecoms regulator, the Nigerian Communications Commission (NCC), that the yet to be approved N65bn support subsidies for licensed telecoms Infrastructure Companies (InfraCos) can only be accessed on…
Narrow escape as Air Peace crash-lands without one of its front tyres in Lagos
Air Peace Airline Boeing 737 aircraft on Tuesday made a miraculous emergency landing at the local wing of the Murtala Muhammed Airport, Lagos, after a veiled but struggling takeoff from Port Harcourt International Airport. The aircraft however, crash landed on…
CEO Duality: NASS needs to expunge clauses undermining CBN’s autonomy
By Uche Uwaleke The CEO duality is a situation in which the Chief Executive Officer is simultaneously the Chairman of the Board of Directors. This is the current position in the Central Bank of Nigeria where Section 6 (2) of…
CTO seeks International Organisations’ role to drive global digital economy
The Commonwealth Telecommunications Organisation (CTO) on Wednesday in London called on International and regional Organisations to work towards the seamless delivery of joint efforts that will deepen the global digital economy. CTO addressed well over twenty different international and regional…
DMO floats 2nd ₦100bn, 7-Year, FGN Sukuk due to mature in 2025
Debt Management Office (DMO) of Nigeria on Tuesday, July 23, 2019, listed on the Nigerian Stock Exchange (NSE), the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743%, a…
Nigeria-Siemens power deal bungles W’Bank $1bn loan request?
More revelations have emerged from the latest power sector revival deal sealed between the presidency and the German power giant, Siemens on Monday. Whereas throughout the discussions, no mention of funding was made by either parties on how to source…
PDP, others see no technocrats in Ministerial List as screening begins today
With Tuesday arrival of ministerial list from the presidency, Senate President Ahmad Lawan has announced the withholding of planned recess so as to begin the screening and confirmation of the nominees today (Wednesday). Also, as part of showing seriousness to…
