The Federal Government realised the sum of $305billion as revenue inflows from the oil and gas sector from 2014 to 2024, it was learnt yesterday. The Nigeria Extractive Industries Transparency Initiatives (NEITI), disclosed this when its executive secretary/national Coordinator, Dr Orji Ogbonnaya Orji appeared before the Senate Public Accounts Committee (SPAC) in Abuja. According to…
Lagos has a new powerhouse on the airwaves, and it goes by the name Konga FM 103.7. This disruptive hit music and commerce radio station is setting a new standard in the broadcasting industry, offering an exciting blend of entertainment and commercial opportunities. While Lagos residents can tune in terrestrially to 103.7, the rest of…
Telecom operators have rejected the call for mass action called by the organised Labour the Nigerian Labour Congress (NLC). The mobile network operators (MNOs) also said they have shared their tariff templates with the Nigerian Communications Commission (NCC) with a view to getting approval before implementation. The telcos argued that the NLC leadership ought to…
By Ahmad Sajoh There are times when it becomes absolutely necessary to empathize with Nigerians over situations that are manifestly adverse. However, sympathy or empathy does not mean overlooking reality. Honestly that is the situation we are in with the recent tariff adjustment by the telecommunication operators in Nigeria today. Nigerians may be famous for…
Senior workers in the telecom sector has faulted the call by the Nigerian Labour Congress (NLC) for mass protest against the approval of 50 per cent hike in end user tariffs of telecom services in the country by the Nigerian Communications Commission (NCC). They accuse the leadership of the Congres of taking decisions without consulting…
Glovo, in collaboration with NIPOST and the Nigerian Ministry of Communications, Innovation & Digital Economy, will host a first-of-its-kind summit aimed at accelerating the growth of Nigeria’s e-commerce industry. Themed “Accelerating E-commerce through Digital and Physical Infrastructure Integration,” this groundbreaking event will bring together key industry stakeholders to discuss challenges and opportunities in the sector…
The Nigeria Customs Service has issued a public notice, listing 151 overtime containers and vehicles domiciled at mostly Apapa port, and KLT port terminals in Lagos for court condemnation to further decongest the nation’s ports. According to the public notice sighted by themorningstar.com.ng, the service said the action is in line with its Act 2023,…
The National Insurance Commission (NAICOM) and the Nigeria Police Force (NPF) have launched a Joint Committee on compulsory insurance enforcement. This is in a collaborative move to strengthen insurance compliance in the country and the announcement by the Inspector General of Police on the enforcement motor vehicle insurance effective 1st February 2024. NAICOM in a…
State-run oil firm, the Nigerian National Petroleum Company Limited (NNPCL) and its partners has launched 97mmscf/d capacity five mini Liquefied Natural Gas (LNG) plant in Ajaokuta, Kogi State. It was in furtherance of its efforts to deepen domestic gas utilization in line with the Federal Government’s Gas Revolution Agenda. This was contained in a press…
