Business

President Buhari extols Tony Elumelu at 60

By Eyo Nsima President Muhammadu Buhari has extolled the Chairman, UBA Plc, Tony Elumelu on the occasion of his 60th birthday, stressing that he has brought honour to Nigeria and Africa. According to the Special Adviser to the President, Media & Publicity, Femi Adesina, “President Muhammadu Buhari rejoices with distinguished banker, economist, and philanthropist, Tony […]

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Naira scarcity: Demonetisation reducing black money circulation, tax evasion, corruption — Expert

By Godswill Odiong The Managing Partner, Gbenga Badejo and Co. (Chartered Accountants & Tax Practitioners), Mr. Gbenga Badejo, weekend, hinted that the ongoing demonetization would culminate in the reduction of black money circulation, tax evasion, corruption, and other vices in Nigeria’s economy.     The Managing Partner, who refers to Black money as income that

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NCC Unveils Consumer TELCARE Centre at Abuja Airport

NCC Unveils Consumer TELCARE Centre at Abuja Airport

NCC Unveils Consumer TELCARE Centre at Abuja Airport The public concourse at the Terminal C of the Nnamdi Azikwe International Airport, Abuja is the first beneficiary of a Telecom Consumer Assistance, Resolution and Enquires (TELCARE) Centre unveiled by the Nigerian Communications Commission (NCC) was as one of the series of events to mark the 2023 International

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Schneider Electric, Ikeja Electric partner to improve electricity distribution

Schneider Electric introduces cost effective energy solutions for Nigerian industries

By Our Correspondent  Schneider Electric, a sustainable energy multinational company has called on Nigerian industries to channel their attention on current building management systems for optimum operation. In a statement, Product Application Engineer, Schneider Electric, Tunde Olumuyiwa, said that the need to manage energy usage and minimize costs has become imperative given that the Nigerian

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Africa Data Centres deploys a cutting-edge Data Centre Infrastructure Management solution across its facilities

The solution will measure, monitor and manage all IT equipment and supporting infrastructure housed within its facilities; TechAccess will act as the solutions integrator for the project and will work with software and hardware providers EkkoSense and Assetspire; Having a DCIM solution will enable Africa Data Centres (https://www.AfricaDataCentres.com/) and its partners to gain critical insights

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SEC says PAPSS implementation will aid integration of African exchanges

By Our Correspondent The Securities and Exchange Commission (SEC) has disclosed that the implementation of the Pan-African Payment Settlement System (PAPSS), would culminate in intra-African trade and integration of stock exchanges across Africa. Head, Office of the Chief Economist of the SEC, Dr. Okey Umeano, who noted in Abuja, said that the implementation would improve

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Telecoms Sector amongst biggest contributors to Nigeria’s socio-economic growth --- Prof Danbatta

NCC approves harmonized short codes, directs implementation

NCC approves harmonized short codes, directs implementation In line with its consumer-centric approach to telecoms regulation, the Nigerian Communications Commission (NCC) has directed mobile network operators (MNOs) to commence implementation of approved harmonised short codes (HSC) for providing certain services to telecom consumers in Nigeria. The Commission has already set a deadline of May 17,

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In 2021 economic outlook report, we posit that the annual real GDP growth rate would range between -2% and 1%

THE TRAUMA OF CURRENCY REDESIGN POLICY: URGENT INTERVENTION IMPERATIVE BY PRESIDENT BUHARI

The protracted acute cash scarcity has not only crippled economic activities in the country, it is now a major risk to the livelihoods of most Nigerians.  Millions of citizens have slipped into penury and destitution as a result of the disruptions and tribulations perpetrated by the currency redesign policy, especially the mopping up of over

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AfDB

AfDB’s SEFA approves $5m in grants to set up super energy service companies in three countries

The Sustainable Energy Fund for Africa (SEFA) of the African Development Bank has approved a technical assistance grant of $5.03 million to implement the Africa Super Energy Service Companies (ESCO) acceleration program in Rwanda, Senegal and South Africa. SEFA is a bank-managed multi-donor special fund that works to unlock private sector investments in renewable energy

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L-R: Stella Erebor, Deputy Director, Financial Services; Nnena Ukoha, Head, Corporate Communications; Prof. Umar Garba Danbatta, Executive Vice Chairman/Chief Executive Officer; Hafsat Lawal, Head, Human Capital and Helen Obi, Head, Telecom Laws & Regulation, all of the Nigerian Communications Commission, during the 2023 International Women's Day Celebration at the NCC Head Office in Abuja on Wednesday (March 8, 2023).

2023 INTERNATIONAL WOMEN’S DAY —–Danbatta’s Goodwill Message  

2023 INTERNATIONAL WOMEN’S DAY    Danbatta’s Goodwill Message     On this occasion of the commemoration of International Women’s Day, today 8th March, 2023, I warmly congratulate all the women in the Commission.     This occasion presents another opportunity for me to reiterate the Commission’s irrevocable commitment to promoting gender equality and inclusive participation in

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