Fresh crisis looms in the nation’s maritime sector as dock workers unions including truck drivers are threatening to shut down the Lagos ports over alleged extortion by the state’s enforcement agencies. But while the unions have issued the warning, another key industry body, Council of Maritime Transport Unions and Associations (COMTUA), has dissociated itself from…
The Federal Government said it plans to construct an 80-metre span bridge in front of the Dangote Refinery as part of Section 2 of the Lagos-Calabar Coastal Highway project. This development aims to ensure seamless movement of trucks accessing the refinery without obstruction. The Minister of Works, David Umahi, disclosed this during the Lagos-Calabar Coastal…
The Nigeria Customs Service (NCS) has canceled the declarations it made during implementation of the four per cent Free on Board (FoB) charges. NCS consequently urged stakeholders to recapture their entries. National Public Relations Officer, Assistant Comptroller -General of Customs, Abdullahi Maiwada disclosed this in a statement. He said: “Sequel to the earlier press release…
Accra, Ghana, witnessed a remarkable gathering of tech industry leaders, visionaries, and policy-makers as TD Africa hosted the Accra Synergy Summit on February 20th. The prestigious event, held at the Kempinski Hotel Accra, brought together some of the most influential minds in the technology ecosystem, further cementing TD Africa’s role as a transformative force in…
Nigeria’s Securities and Exchange Commission (SEC) has reduced the time required for companies to secure approval to raise capital in the Nigerian capital market, cutting the process from over a year to just 14 days. This development aims to make the capital market more efficient and better positioned to support the growth and development of…
Last year, Nigeria’s telecom sector suffered over 50,000 fiber cuts across the country with ripple effects on service quality and huge financial losses to the mobile network operators (MNOs) via remediation and restoration. Of these cuts, 30,000 were blamed on federal and state road construction activities, telecom sector regulator, the Nigerian Communications Commission (NCC), has…
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…
