TheMorning Star

Kenya Airways begs NCAA over rude comment on president, passenger maltreatment

Kenya Airways officials have tendered an unreserved apology to the Nigeria Civil Aviation Authority (NCAA) and a Nigerian passenger, Gloria Omisore, following a complaint of mistreatment during a recent flight. The airline also retracted previous statements regarding the incident, admitting fault for allowing Omisore to board a flight from Lagos without the necessary transit visa….

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Minister Tijani blames regulatory processes, others for Nigeria’s broadband woes

Minister of Communication, Innovation and Digital Economy, Bosun Tijani, has blamed cumbersome regulatory processes, limited access to devices, lack of awareness, inadequate digital literacy, and erratic power supply for the challenges the country faced in the area of affordable broadband penetration. The Minister, in his keynote entitled:  The Broadband Alliance: Accelerating Our Collective Prosperity Through…

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FEC okays creative, tourism infrastructure corporation to grow GDP by $100b, create 2m jobs

The Federal Executive Council (FEC) has approved the establishment of the Creative and Tourism Infrastructure Corporation (CTIC), a new initiative aimed at transforming Nigeria’s creative and tourism industries. The corporation, which will operate under a Public-Private Partnership (PPP) framework, is expected to generate over $100 billion for the country’s Gross Domestic Product (GDP) and create…

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Pension funds hit N22.25tr as operators invest 62.15% in FGN securities

Nigeria’s net pension fund asset value has hit N22.25 trillion as at November 2024, growing by 1.5 per cent from N21.92 trillion recorded in October 2024. Out of the N22.25trillion recorded in November, pension fund operators invested N13.83trillion in Federal Government Securities standing as the highest investment of the fund, representing 62.15 per cent of…

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GSMA: Nigeria’s 50% telecom tariff hike will unlock investments, boost growth

A 50 per cent tariff hike in end user tariffs of telecom services in Nigeria will spur business expansion, potentially reducing poverty levels in Africa’s most populous nation, Global System for Mobile Communications Association (GSMA), has said. Its head of sub-Saharan Africa, Angela Wamola, who spoke during a virtual press conference, said private capital will…

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Nigeria begins withholding tax implementation

Nigeria, Africa’s oil rich nation, has announced the commencement of the implementation of the withholding tax system. This is aimed at streamlining tax collection, enhancing compliance, and boosting revenue for critical sectors. In a statement, Collins Omokaro, Special Adviser to the Executive Chairman of the Federal Inland Revenue Service (FIRS) on Communication and Advocacy, said…

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