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Investment in Nigeria’s telecom industry stands at $70b – NCC
The Nigerian Communications Commission says the total investment in the Nigerian telecom industry is currently estimated at $70 billion.
Read moreFG begins investigation into $2b Atlas Mara’s Union Bank Shares fraud
The Federal Government has began criminal investigation into alleged misappropriation of two billion dollars worth of Atlas Mara’s Union Back Plc shares owned by 65,000 shareholders, News Agency of Nigeria...
Read moreConvicted ex-NIMASA D-G remanded
Justice Mojisola Olatoregum of a Federal High Court in Lagos on Thursday convicted a former Acting Director-General of NIMASA, Calistus Obi, charged with N136 million fraud.
Read moreFAAC disbursed N257.76b to FG in April – NBS
The National Bureau of Statistics on Thursday revealed that the Federal Government received N257.76 billion from Federation Account Allocation Committee in April, 2019.
Read moreFG remains firmly committed to development of Special Economic Zones — Osinbajo
The Federal Government has assured the strategic investment partners and advisers of the Nigeria Special Economic Zones Company Limited of its commitment to the development of special economic zones across...
Read moreUnion Bank, Mama Moni establish innovation hub for low-income women
As part of its commitment to boost women empowerment, talent development and financial inclusion, Union Bank has partnered with MamaMoni Empowerment Foundation to set up an Innovation Hub for low-income...
Read moreOsinbajo presides over valedictory NEC meeting
Vice-President, Yemi Osinbajo on Thursday, presided over the National Economic Council meeting at the Presidential Villa, Abuja.
Read moreBreaking: Court convicts ex-Ag NIMASA DG
Justice Mojisola Olatoregun of a Federal High Court in Lagos on Thursday convicted Calistus Obi, a former acting Director-General of the Nigerian Maritime Administration and Safety Agency, charged with N136...
Read moreNigerian Airports scanners not configured for drug detection — Airport Security Chief
The Chief Security of Nigerian Airports, El-Yakub Usman Lamir, on Wednesday disclosed that the scanners at the nation’s major exit point were not configured for drug detection.
Read moreFG plans to create 4m jobs through oil palm production
The Federal Government says it will create more than four million jobs through oil palm production in the country.
Read moreAviation Unions, FG reach agreement, call off strike
The Joint Aviation Unions that embarked on industrial action on Wednesday to press home their demands have reached an agreement with the Federal Government and called off the strike.
Read moreNCC rejigs teledensity computation to serve Nigeria’s 190m
The Nigerian Communications Commission says it recently re-aligned the computation of the country’s teledensity with the latest population figure of 190 million, as stipulated by the National Population Commission.
Read moreNigeria’s gas reserves rise by 7.3%, now 200.79 tcf – DPR
Nigeria’s gas reserves have increased by 7.3 per cent from 187 trillion cubic feet (tcf) to 200.79 tcf, according the Director of Department of Petroleum Resources, Mordecai Ladan.
Read morePTAD concludes verification of pensioners from civil service, police depts – Official
The Pension Transitional Arrangement Directorate says it has concluded the verification exercise for pensioners from the Civil Service Pension Department and the Police Pension Department.
Read moreMainOne to commit N25b to digitisation of Lagos
Connectivity and data centre solutions provider, MainOne says it will commit 25 billion naira to the digitisation of Lagos State.
Read moreNGF Chairman: Gov. Dickson advocates principle of rotation
Governor Seriake Dickson of Bayelsa has called for adherence to the principle of rotation between the North and the South in the election of Chairman for the Nigerian Governors Forum.
Read moreAir Peace to begin flights to Johannesburg, Sharjah in June
Nigerian carrier, Air Peace, says it will begin flight operations to Johannesburg, South Africa and Sharjah, United Arab Emirates next month.
Read moreBristow Nigeria increases fleet size
Bristow Helicopters (Nigeria) Limited on Wednesday said it had recently increased its Nigerian fleet size with the introduction of six additional aircraft in the past six months.
Read moreInvestors again show strong preference for 30-year bond — DMO
Investors in the Federal Government bond once again showed strong preference for the longer termed 30-year bond that was introduced in April, the Debt Management Office has said.
Read moreNSE market capitalisation rises by N408b in a day
The Nigerian equities market on Wednesday extended positive stance with a gain of N408 billion, driven by the bullish run in the shares of Dangote Cement and MTN Nigeria Communications.
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