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Category: Business
FG orders telcoms to compensate subscribers for poor network service
The Nigerian Communications Commission (NCC) has directed Mobile Network Operators to compensate subscribers in areas where network quality falls below prescribed standards. In a statement…
Nigerian govt orders one-stop security screening across Nigerian airports
The Federal Government has directed the implementation of a one-stop joint-interest screening system to enhance security at Nigerian airports. Mr Ahmadu Danjuma, the Acting Regional…
FG unveils N12bn fund for digital research growth
The Federal Government has unveiled a N12bn Digital Economy Research Fund aimed at strengthening evidence-based policymaking and supporting Nigeria’s long-term digital transformation agenda. The Minister…
FAAN seeks support for three airlines as national flag carriers
The Managing Director of the Federal Airports Authority of Nigeria, Olubunmi Kuku, has emphasised the need to support two to three indigenous airlines to emerge…
Nigeria govt outlines roadmap for National cooperative bank set-up
The federal government of Nigeria has outlined a roadmap for establishing a Cooperative Bank of Nigeria as part of ongoing reforms to revitalise the cooperative…
FG launches initiative to empower 10,000 youth, women nationwide
The federal government has unveiled an empowerment initiative targeting 10,000 vulnerable youth and women with sustainable income and employment opportunities across the country. The scheme…
Tinubu determined to reform Power sector – Shettima
Vice President Kashim Shettima has said the administration of President Bola Ahmed Tinubu remains determined to reform and strengthen Nigeria’s power sector. He said while…
Dangote reduces petrol gantry price to N1,200/litre
The Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for Premium Motor Spirit (petrol) to N1,200 per litre, while pegging its coastal price…
NCC plans platform to curb SIM fraud
The Nigerian Communications Commission (NCC) has unveiled plans to introduce a Telecoms Identity Risk Management System platform to tackle SIM-related fraud, strengthen digital security, and…
Nigeria’s foreign reserves deplete by $499.46m in less than two weeks
Nigeria’s foreign reserves depleted by $499.46 million to $49.53 billion in less than two weeks from $50.02 billion. This is according to the Central Bank…