Again, Glo boosts 2016 Ofala Festival in Onitsha
Globacom, Nigeria’s foremost telecommunications company is providing corporate support to the 2016 edition of the famous Onitsha festival, Ofala. Obi of Onitsha, Igwe Alfred Achebe said in a Globacom statement that the first Ofala Day will be Saturday, October 8…
MTN moves to abandon Visafone acquisition – Bloomberg report
More than one year of acquisition and realignment of infrastructures, a new report from leading global media group, Bloomberg yesterday revealed that MTN group is considering abandoning the acquisition after Nigeria’s industry regulator ruled that broadband spectrum should not be…
FG plans to build additional 6 ICT hubs
Considering the gains in training youths and creating jobs, the Federal Government says it will set up six new ICT Hubs in the country to boost empowerment and growth in the sector. Mr Adebayo Shittu, minister of Communications, said this…
NASS moves to tame banks over N65 ATM charge
Worried by complains, the House of Representatives yesterday resolved to investigate the N65 being charged customers by commercial banks for Automated Transaction Machine (ATMs). Accordingly, it has directed its Committee on Banking and Currency to investigate the charge and other…
Reps resolve to probe intractable confusion on CBN forex policies
In view of growing anxiety over the state of the economy, the House of Representatives has resolved to investigate the Central Bank of Nigeria (CBN) over its foreign exchange policies. In a resolution passed yesterday, the House said it would…
Economy may shrink to 1.3% before end of 2016 – NBS
The National Bureau of Statistics (NBS) has said Nigeria’s economy is likely to shrink by 1.3 per cent before the end of 2016 due to the sharp fall in the naira after dollar peg was dropped in June. The…
NIMASA: Staff alleges awards of contract to Rivers APC Chairman without due process
Some staff of the Nigerian Maritime Administration and Safety Agency (NIMASA) have vowed to fight the impunity being exhibited by the Director-General of the agency, Dakuku Peterside for awarding a maritime security contract to the Chairman of the Rivers State…
Anxiety as Customs officers takeover clearing jobs, says agent Ibe
Chief Stephen Ibe, a top freight forwarding practitioner, has accused officers of the Nigeria Customs Service (NCS) of operating majority of the licenses issued by the Service saying that eight out of every ten officers working at the ports owns…
Ayade seals deal for 10 solar plants with German firm
Prof. Ben Ayade, the Cross River State Governor, has signed a power purchase agreement (PPA) with Gesellschaft fur strategisch risikofinansierung MBH (GSR) of Germany in partnership with SIJ Global Limited for 10 photovoltaic plants in Cross River State under a…
Wema Bank, Ogun state, others partner set to build modular refinery
The Ogun State Government is going into partnership with a consortium of four private firms to build a refinery, proposed to be the second largest in Sub-Saharan Africa The agreement was signed in Abeokuta between the government and four firms:…
