NCC actually consulted before empowering networks to jerk up data tariff—ALTON
Contrary to speculations and massive anger over lack of consultation by the Nigerian Communications Commission (NCC) before directing networks to increase their data tariff, the Chairman of Association of Licensed Telecommunications Operators of Nigeria (ALTON) has come out to say…
Ericsson’s anti Nigeria labour policy forces 160 Nigerians to lose jobs to Indians
There are strong indications that Ericsson Nigeria, the local subsidiary of the global telecommunications solutions provider, has disengaged about 160 permanent and outsourced workers in its Network Operating Centre. 55 fulltime employees of the company are affected. According to details,…
Data science businesses will drive FDIs faster in Nigeria—-Adekanmbi, others
Bayo Adekanmbi, a C-Level Executive with MTN Nigeria has revealed that as Nigeria quest for data driven economy rises, raising a special breed of entrepreneurs who will set up data science based businesses and attract foreign exchange to the nation….
MainOne shortlisted for 2016 Datacenter Dynamics (DCD) EMEA Awards
MainOne has been shortlisted as a finalist at the 2016 Datacenter Dynamics (DCD) EMEA Awards “Internet Data Center Category”. It is the only Data Center in Africa chosen as a finalist in this category. The award will be holding at…
Zenith Bank’s rise in non-interest income proved its income diversification strategy
Though Zenith Bank had few weeks ago released its Q3 financial report, a deeper look into the statistics showed that the improvement in non-interest income attests to the group’s success in its income diversification strategy. This is as the Group’s…
FG seeks early repayment plans of unremitted N450bn to TSA by agencies
Indications have finally emerged that more than one year of the resumption of Treasury Single Account (TSA) of the federal government; there are many federal agencies that are yet to fully comply, thus hobbling the 2016 budget implementation capacity. The…
BoI shares out N5bn to 242 SMES in agro-processing sector
In what looks like a sustained strategy, the Bank of Industry (BoI) has injected funding support to about 242 entrepreneurs in the North-Central region to the tune of N5bn. The bank in a statement said “out of this amount, N1.5bn…
CBN drafts new punishment for insider sharp practices in banks, fraud
The days of bank staff that specializes in aiding and abating financial crimes and other fraudsters In banks are becoming numbered as the Central Bank of Nigeria (CBN) is working on a policy that would ensure catch up unethical practices….
FEC approves 2017 budget estimate, says only N800b released on 2016 budget
Contrary to earlier comments by some top federal officials that government has released over N1tn into the economy as part of 2016 budget, the Minister of Budget and National Planning, Senator Udoma Udo Udoma has disclosed that due to liquidity…
