MTN, 9mobile Get Approval for Roaming Service in Nigeria

By Adedapo Adesanya The newly appointed Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Mr Aminu Maida, has emphasized a need to focus on efforts that align with the Strategic Blueprint of the Minister of Communications, Innovation and Digital Economy, Mr Bosun Tijani, and the digital economy drive of President Bola Tinubu. Mr Maida, who resumed duty on Tuesday, met with the Senior Management Staff of the commission where he highlighted his focus and emphasized all targets under his administration. Mr Maida started his day by taking a tour of the agency’s headquarters and held a productive meeting with

By Adedapo Adesanya The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Mr Aminu Maida, has charged Nokia Networks to increase its investments in Research and Development (R&D) to support the growth of Information and Communication Technology (ICT) in Nigeria. Mr Maida spoke when a delegation from Nokia Networks of Finland led by the Deputy Minister, Under-Secretary of State for International Trade from the Ministry for Foreign Affairs of Finland, Mr Jarno Syrjala, visited the commission recently to explore further opportunities for mutually beneficial relationships. He told the delegation that the Nigerian government is

By Modupe Gbadeyanka On Wednesday, October 11, 2023, stakeholders within the telecoms and ICT ecosystem gathered at Fraser Suites in Abuja to discuss Modernization and Digitization, the theme of an event organised by Airtel Nigeria. The Director of Airtel Business at Airtel Africa Plc, Mr Luc Serviant, while addressing the participants, emphasised the company’s commitment to fostering collaboration and partnerships that drive progress and innovation. He highlighted Airtel Nigeria’s dedication to endowing the public sector through cutting-edge technologies, enabling transformative change on a national scale. “At Airtel, we are happy to discuss connectivity, innovation & technology, digital pillars, cloud security,

By Aduragbemi Omiyale President Muhammadu Buhari has been authorised by the Senate to go ahead with his plan to borrow $8.3 billion and €490 million from external sources. The external loans are captured under the 2018-2020 External Borrowing (Rolling) Plan of the federal government. Business Post reports that the government of Mr Buhari intends to take €250 million from the European Investment Bank and €240 million from the French Development Agency. As for the Dollar loan, the government intends to approach the China Exim Bank for $2.9 billion, $2.5 billion from the Industrial Commercial Bank of China, $2.0 billion from

By Dipo Olowookere The Nigerian Senate has thrown its full weight behind the forensic audit of Oando Plc, a leading oil firm in the country. The Securities and Exchange Commission (SEC) had made efforts to conduct the audit, but the company ran to a Federal High Court in Lagos to stop the process. However, it lost this bid at the court because the presiding judge, Justice Mohammed Aikawa, threw out the case for lack of jurisdiction, advising Oando to take the matter to an Investment and Securities Tribunal (IST), which has the powers to hear disputes arising from the capital

By Julius Akpovire Enyeh There are politicians and there are politicians. In Delta State, they also abound in different shades and characters, so much so that if awards were to be doled out today, there would be a lot of pretenders amongst them as far as the development of the Big Heart State is concerned. Inversely, a few contenders would line up for the awards based on their selfless contributions which have made the state worthy of being counted among the ‘big’ states. The immediate-past governor of Delta State, Dr. Emmanuel Eweta Uduaghan, is arguably one of the most successful

By Adedapo Adesanya The World Health Organisation (WHO) has said that so far, Africa has administered just over 25 million doses of the COVID-19 vaccines which are about 1.5 per cent of the doses given worldwide. This was disclosed by the head of the organisation, Dr Tedros Adhanom Ghebreyesus on Saturday at a meeting of the Peace and Security Council of the African Union on access to vaccines against the COVID-19 pandemic for the African continent. He noted that, “And this is tragic. In the past two weeks, we are seeing some progress, with a good number of countries committing

By Adedapo Adesanya The duo of Aradel Holdings Plc and FrieslandCampina Wamco Nigeria Plc sank the NASD Over-the-Counter (OTC) Securities Exchange by 0.64 per cent on Friday, August 25. They rubbished the gains recorded by the duo of Food Concepts and Industrial and General Insurance (IGI) Plc at the close of transactions. As a result, the NASD Unlisted Securities Index (NSI) reduced by 5.08 points to 785.37 points from Thursday’s 790.45 points, as the market capitalisation decreased by N7.11 billion to N1.101 trillion from the N1.108 trillion achieved a day earlier. Business Post reports that Aradel Plc shed N14.40 to

By Modupe Gbadeyanka Commercial banks operating in the country have been accused of violating rules guiding international money transfer inflows into the country. The Central Bank of Nigeria (CBN), which made this allegation via a circular to banks, warned those involved in the unlawful act to desist from it or risk being sanctioned. In the circular titled ‘Illicit International Money Remittances Through The Banking System’, the apex bank said it “observed that some Deposit Money Banks (DMBs) are operating accounts either as companies or companies masking themselves as individuals for the purpose of illegally receiving money transfer flows into the

By Adedapo Adesanya Despite gains recorded by market hardliners, the Central Securities Clearing System (CSCS) Plc and FrieslandWamco Campina, the NASD Over-the-Counter(OTC) Securities Exchange shed close to two percent on Tuesday, January 28, 2020. At the close of transactions yesterday, the NASD Unlisted Security Index (NSI) depreciated further by 1.94 percent or 13.66 points to 691.76 points from 705.42 points recorded at the previous session. Following the same trend, the market capitalisation also dropped 1.94 percent or N9.81 billion to close at N496.99 billion in contrast to N506.80 billion it finished on Monday. Despite the overall market performance, the share

By Adedapo Adesanya Some fishermen under the aegis of the Fishermen Association of Nigeria (FAN), Ondo State Chapter, have appealed to the state’s government to declare a state of emergency on the decay of infrastructure in the marine business. This is coming after President Bola Tinubu-led administration declared a state of emergency on food amid a rise in prices and shortages. The President said that some of the initiatives would include using money saved from the recent removal of a fuel subsidy to provide fertilisers and grains to farmers. The fishermen, recognising this development, through their national president, Mr Orioye