Digitization: IntelSat 36 Satellite begins digital services this week
Ahead of beating the June 2017 deadline for digital migration in Nigeria, Intelsat has announced that its Intelsat 36 satellite has entered service and is now providing broadcasting and direct-to-home (DTH) services for Africa’s MultiChoice. The satellite was built for…
CBN investing N500b debenture to drive export, diversification
The Central Bank of Nigeria (CBN) has said it is investing N500b debenture to be issued by Nigerian Export-Import Bank (NEXIM) in line with section 31 of CBN Act to deepen export sector in other to facilitate diversification as a…
Barkindo explains why Nigeria, 2 others were exempted from production cut
The Secretary-General, Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammed Barkindo, has given fresh reasons why Nigeria, Libya and Iran were specially considered by OPEC to continue their quota. He said that OPEC was at equally at the ongoing IMF/World…
This is time for Multinationals to pay their taxes in Nigeria—Minister
Experiences of G-24 Finance Ministers and Central Bank Governors meeting on the sideline of the ongoing IMF/World Bank meeting have shown that several multinationals always find a way to evade taxes. The discovery has therefore forced finance ministers to start…
Confusion as Customs refutes delisting Rice from import prohibition list
Contrary to earlier news making the rounds that the authorities of the Nigerian Customs Service (NCS) has removed Rice imports from land borders from the import prohibition list, the agency this evening, Saturday October 8, 2016 refuted the news, saying…
Rice price crashes as Customs delists from import prohibition list
Respite is coming the way of Nigerians who had been decrying the galloping price of rice in the market as the Comptroller-General of Customs, Col. Hameed Ali (rtd), has ordered the immediate removal of rice from import restriction list. Accordingly,…
Airtel slashes roaming fees by 90% in 27 countries to drive user experience
Airtel Nigeria is offering subscribers up to 90 per cent off roaming rates and other discounts on its newly repackaged Roam & Home bundle plan designed to make travelling enjoyable and empower consumers to stay connected with business associates, family…
MTN’s 4G LTE hits the ground running
The recent activation of 4G LTE services in Nigeria by major telecoms has become a source of relieve for businesses and subscribers as associated high speed internet services will boost returns on investments. Besides, the spread in terms of data…
Galaxy Note 7 flames up again as ATCON decries influx of fake phones
A US flight was evacuated prior to takeoff when a passenger’s Galaxy Note 7- reportedly a replacement in Samsung’s global recall-caught fire, landing the company in another controversy. This is as the resident of Association of telecoms Companies of Nigeria…
Agriculture shortest way out of recession —BoI
The Bank of Industry has disclosed that if Nigeria raises her potentials in many agricultural products, especially plantain and cassava, recession may start to ease earlier than expected. This was revealed yesterday in Ile Ife by the Group Head, Department…
