Independent Petroleum Marketers Association of Nigeria (IPMAN) Depot Chairmen Forum yesterday gave Nigerian President Bola Tinubu seven working days ultimatum to pay its over N100billion bridging claims. In its communique issued to reporter in Abuja, the Depot Chairmen Forum, Alhaji Yahaya Alhassan said should the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) fail to…
Pay Tv subscribers have kicked aagainst MultiChoice Nigeria’s hike in the cost of subscriptions for its DStv and GOtv packages. The subscribers, acting under the aegis of Association of Telephone, Cable TV, and Internet Subscribers of Nigeria (ATCIS), said the hike is a reflection of the insensitivity of the pay tv service provider to the…
Smartcash Payment Service Bank (PSB), a subsidiary of Airtel Nigeria, has won the Outstanding Payment Service Bank of the Year 2024 (Fintech) at the New Telegraph Awards, reaffirming its continued growth and reach of the PSB within the last year. The award ceremony, which took place at the Lagos Oriental Hotel, celebrated Smartcash PSB’s commitment…
The Senate on Wednesday expressed over the Federal Government’s M150billion investment in the real estate fund at the expense of the Federal Mortgage Bank of Nigeria (FMBN’s) capital share. The government through the Ministry of Finance Incorporated (MOFI) had subscribed to the N150 billion series 1 offering under the MOFI Real Estate Investment Fund (MREIF)…
The National Assembly says its support for the Federal Mortgage Bank of Nigeria (FMBN’s) recapitalisation efforts aims to enhance the bank’s capacity to deliver affordable housing and reduce the nation’s housing deficit. Chairman of the Senate Committee on Lands, Housing, and Urban Development, Sen. Aminu Tambuwal, stated this in Lagos during a top management housing…
The Minister of Aviation and Aerospace Development, Festus Keyamo and the Algerian Ambassador to Nigeria, Mezoued Hosine have met to discuss the commencement of Bilateral Air Service Agreement (BASA) arrangements between Nigeria and Algeria. Ambassador Hosine expressed his country’s interest in launching air services connecting Algeria, Abuja, and Douala. He requested the Minister’s intervention in…
A former Chairman of Manufacturers Association of Nigeria (MAN), Dr Wale Adegbite, has called on the Federal Government to stabilise the exchange rate as a means of controlling inflation in the country. Adegbite made the call in an interview with the News Agency of Nigeria (NAN) in Ota, Ogun State on Wednesday. The former MAN…
Global big tech, Microsoft on Wednesday said with the right skills and access to digital technologies, Artificial Intelligence (AI) could add an estimated $15 billion to Nigeria’s Gross Domestic Product (GDP) by 2030. Managing Director, Microsoft Nigeria and Ghana, Ms Ola Williams, who spoke at a Microsoft AI Tour media briefing in Lagos, also announced…
The Federal Inland Revenue Service (FIRS) has said the digitization of the nation’s tax process is in line with global best practices. It also disclosed that there are over 500,000 active corporate taxpayers recorded in Nigeria’s national database. Speaking at a Stakeholder Engagement for the Pilot Rollout of the E-invoice solution held in Lagos yesterday,…
