Sarah NEGEDU

NCC partners CBN to end e-payment fraud

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 [...]

Wed, 20 December 2017


Low liquidity: fear grips investors over trapped funds

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 [...]

Fri, 15 December 2017


Bidders test financial strength of 9mobile

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 [...]

Fri, 15 December 2017


Nigeria’s export value rose by 13% in Q3 – FG

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 [...]

Fri, 15 December 2017


Consumer abuse complaints rise by 30%

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 [...]

Fri, 15 December 2017


75% Internet users in Nigeria are on social media - Shittu

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 [...]

Mon, 20 November 2017


FG to revamp textile industry in Nigeria


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. 

Adeos [...]

Mon, 20 November 2017


Ikoyi loot: FG denies withholding whistle-blower’s reward

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 [...]

Mon, 20 November 2017


Search

Latest posts

PhotoIGP apologises for calling Benue killings communal clashes

The Inspector General of Police, IGP, Ibrahim Idris, has apologized for describing the New Year’s attacks and killings in Benue by Fulani her [...]

10 January 2018

PhotoIGP apologises for calling Benue killings communal clashes

The Inspector General of Police, IGP, Ibrahim Idris, has apologized for describing the New Year’s attacks and killings in Benue by Fulani her [...]

10 January 2018