OTHER BUSINESSES

As part of efforts at curbing vandalisation of critical telecommunications infrastructures across the country, the Nigerian Communications Commission (NCC) has appealed to market men and women across the country to report activities of vandals to the commission or security operatives. The commission noted that this is urgent lead for the...

  how VP intervened to save project, by US-based GE highlights FG's strides in sector infusion of new money by indigenous investors   By sustaining the significant strides made by the Buhari administration in the electricity sector, with increased investments and improvements in the value chain, Nigeria could become one...

The Nigerian Communications Commission (NCC) generated N117.36 billion from Airtel Nigeria and MTN Nigeria after both firms renewed their 3G spectrum. Airtel Nigeria paid N58.70 billion to have its 2100 MHz spectrum licence renewed for the 3G network in Nigeria, while MTN Nigeria was charged N58.66 billion. According to separate...

  The Vice President, Prof. Yemi Osinbajo, has unveiled the Afam 3 Fast Power 240-megawatt turbine in Rivers State. The project is a subsidiary of the Transcorp Group located in Oyigbo, on the outskirts of Port Harcourt in the state. Osinbajo, who arrived at the venue in a chopper at...

  beneficiaries express gratitude   Fresh graduates serving under the National Youth Service Scheme (NYSC) across 12 States have commended Polaris Bank for enhancing their digital literacy skills and preparing them for the emerging opportunities in Nigeria's digital economy. Polaris Bank, in partnership with the NYSC and NerdzFactory, had in...

  Airtel Africa has announced that it has appointed Mr. Carl Cruz as the new CEO of its Nigerian operating unit, Airtel Nigeria. Business247 News Online reports that Cruz replaces C Surrendran, who led the company for the past two years. Cruz’s appointment takes effect from May 5, 2023 (today)....

  L- R shows Temi Popoola, Chief Executive Officer, Nigerian Exchange Limited (NGX); Oluwole Adeosun, President, Chartered Institute of Stockbrokers (CIS); Mr. Yomi Adeyemi, Director, NGX; and Alhaji Umaru Kwairanga,  Group Chairman, NGX Group during a physical Closing Gong Ceremony to commemorate the return to full physical trading and honour...

  The World Bank confirmed on Wednesday that Ajay Banga would be its next president, handing him the reins at a pivotal time as it looks to reshape its role to better address climate change. “The Board looks forward to working with Mr. Banga on the World Bank Group Evolution...

The Federal Government of Nigeria, on Wednesday, in Abuja, approved a National Blockchain Policy. The Minister of Communications and Digital Economy, Prof Isa Pantami, disclosed this after this week’s Federal Executive Council (FEC) meeting presided over by President General Muhammadu Buhari at the State House, Abuja. Pantami said the new...

President Muhammadu Buhari has joined the world in commemorating International Press Freedom Day, insisting that all through his eight years in office, he never did anything to compromise the profession. The International Press Freedom Day is commemorated every May 3. A statement by Femi Adesina, Buhari’s media aide, noted that...