archiveDecember 2021

  As a result of the retaliatory action taken against the Emirates UAE airline by the Federal Government of Nigeria which led to the reduction of an earlier 21 frequencies approved for the Middle East airline to just one, the airline has in return announced the suspension of its operations...

The Nigerian Communications Commission (NCC) says it has successfully carried out a mock session for the 3.5 gigahertz (GHz) spectrum auction for the deployment of the Fifth Generation (5G) network in the country. NCC spokesman, Dr. Ikechukwu Adinde, explained that the simulated auction held on Friday in Abuja was preparatory...

Academic staff Union of Universities (ASUU) turned to Nigerians Friday to appeal to the Federal Government to honour the MoA and MoU signed with it. Various zones of ASUU made the appeal on Thursday and Friday as its three-week ultimatum given 15 November expired. Professor Oyebamiji Oyegoke, who is the...

  The National Chairman, Peoples Democratic Party (PDP), Sen. Iyorchia Ayu, says the new National Working Committee (NWC) of the party will be guided by consultation, teamwork, internal democracy and national interest. Ayu stated this in his address at the inauguration of the NWC in Abuja on Friday, assuring that...

  The National Pension Commission (PenCom) on Friday said about 10 Pension Fund Administrators (PFAs) had met or exceeded the minimum capital base of N5 billion specified by the commission. Mr Ehimeme Ohioma , Head, Surveillance, PenCom said this in an interview with the News Agency of Nigeria (NAN) in...

Crucial indicators of the performance of the nation’s bourse closed Friday positive with 0.47 per cent growth following renewed investor interest. Specifically, the All-Share Index, which opened at 41,685.22 inched higher by 199.75 points or 0.47 per cent to close at 41,882.97. Also, the market capitalisation increased by N103 billion...

All is set for the launch of Exchange Traded Derivatives (ETDs) in the Nigerian capital market. This comes on the back of the official launch of NG Clearing as Central Counterparty (CCP) Clearing House in Nigeria on Thursday, 9 December 2021. Speaking at the event, the Chief Executive Officer, Nigerian...

  The Court of Appeal, Lagos Division, has dismissed two appeals by the Chairman of Global Fleet Group, Jimoh Ibrahim, challenging the Asset Management Corporation of Nigeria’s seizure of his assets and freezing of his bank accounts over his alleged N69.4 billion debt. The appellate court on Friday upheld the...

  President Muhammadu Buhari has assured Nigerians and the international community of free and fair elections in 2023 general elections, and peaceful transfer of power. In addition, he also assured that necessary mechanisms will be strengthened to ensure that Nigeria witnesses another peaceful transfer of power. Special Adviser to the...

  The Nigerian Communications Commission (NCC) has bagged the 2021 ITREALMS Telecom E-Waste Regulator Award. The award was presented on behalf of the management of ITREALMS Media group by the president of the National Association of Telecom Subscribers (NATCOMS), Chief Deolu Ogunbanjo, at the 2021 ITREALMS E-Waste Dialogue held Thursday...