Worried about the incessant cases of electronic frauds going on in the banking sector, the Nigerian Communications Commission, NCC, is partnering the Central Bank of Nigeria, CBN, to curb the disturbing trend.
The Head of Zonal Operations Department in the NCC, Mrs. Helen Obi, disclosed this at [...]
The current economic condition in Nigeria characterised by inflation and low liquidity, could be sending negative signals to foreign investors, as a number of them are skeptical about being able to retrieve their funds whenever they decide to pull out their investments.
The International Moneta [...]
The five companies in the running for possible take-over of 9mobile are currently conducting due diligence on the company to ascertain its financial health before bidding, the Nigerian Communications Commission, NCC, has said.
Executive Vice Chairman of the commission, Prof. Umar Danbattaa, sai [...]
Nigeria’s total export value rose by 13.19 percent in the third quarter of 2017, to stand at $10million which is equivalent to N3.57billion.
The National Bureau of Statistics, NBS, in its Foreign Trade Statistics for the third quarter 2017, said the figure represented an increase of 35 pe [...]
The Consumer Protection Council, CPC, said it recorded tremendous increase in the rate of consumer abuse complaints from Nigerians.
The Director-General of the Council, Mr. Babatunde Irukera, said consumer complaint rose by 30percent in the last eight months mostly due to increased awareness of [...]
Minister of Communications, Adebayo Shittu, has identified the social media as a veritable tool for information gathering and dissemination, hinting that at least 75 percent of internet users in Nigeria are on the social media.
Shittu disclosed this at a retreat on ‘Social Media and Good [...]
The federal government has expressed its commitment towards revamping the cotton and textile industry in Nigeria.
Minister of Finance, Mrs. Kemi Adeosun, recently gave the assurance when she received a delegation from the Dutch textile and design company, Vlisco Group.
The federal government has denied media reports alleging government’s refusal to make payment to the whistleblower who provided the tips that led to the recovery of funds stashed away in a property in Ikoyi, Lagos State.
Explaining the procedure around payment of whistle blowe [...]
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