Umar Danbatta, the executive vice-chairman of the Nigerian Communications Commission, says 40 million Nigerians are living without access to telecommunication services. Speaking at the emerging technologies research and ICT forum that held in Kano on Wednesday, Danbatta said the service gap is brought about by the inability of the service providers to spread their services […]
Month: August 2019
FG to pay ‘failed investors’ N736bn to repossess Discos
The Federal Government is considering repossession of 10 electricity distribution firms as one of the options to rescue the nation’s beleaguered electricity industry. This is coming ahead of the scheduled final performance review of the private firms that bought into the distribution companies carved out from the defunct Power Holding Company of Nigeria. However, document […]
Applications for Nigerian Army direct short service to close September 25
The Nigerian army has called for application into its short service commission (SSC 46/2020) and direct short service commission (DSSC 25/2020). The army announced this in a tweet on Wednesday. The application will lapse on the 25th of September, 2019. “The general public is hereby informed that the e-application portal for Short Service Commission (SSC […]
TCN debunks spending World Bank’s $1.66bn Financing
The Transmission Company of Nigeria says the $1.66bn it secured from the World Bank and other multilateral financing agencies has not been invested contrary to claims being made in some quarters. The government-owned transmission company said the financing was raised for the expansion of the national power grid. According to the TCN, the Nigeria Electricity […]
Nigeria reaffirms commitment to OPEC production agreement
Nigeria has reaffirmed its commitment to production adjustments agreement under the Declaration of Cooperation (DoC) reached between member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and Non-OPEC Countries. Nigeria’s Representatives on the OPEC Economic Commission Board and Group Managing Director, Nigerian National Petroleum Corporation, Malam Mele Kyari, made this known in a […]
Nigerian Prisons changes name to correctional service
-As Buhari signs Bill into law President Muhammadu Buhari has assented to the Nigeria Correctional Services Bill which repeals the Nigerian Prisons Service, changing the name to Nigeria Correctional Service. Senior Special Assistant on National Assembly Matters, Senator Ita Enang, told journalists that the Nigeria Correctional Service is made up of two faculties: the Custodial […]
Central bank sells Treasury Bills at higher rates
Nigeria central bank sold 34.4 billion naira worth of treasury bills on Wednesday at higher rates to try to lure foreign investors, hours after it was announced that the president told the bank to ban access to dollars for food imports. The bank auctioned the longer tenor one-year Treasury bill at 12% from 11.2% at […]
President Buhari orders CBN to halt foreign exchange for food
Nigeria’s President Muhammadu Buhari has told the central bank to stop providing foreign exchange for food imports, his spokesman said in a statement on Tuesday. “The foreign reserve will be conserved and utilised strictly for diversification of the economy, and not for encouraging more dependence on foreign food import bills,” the statement said. A central […]
NAFDAC Restates Plan to Phase out Sniper from Open Market
The National Agency for Food and Administration and Control (NAFDAC) has reiterated its plans to phase out sniper from the open market in no distant time. NAFDAC’s Director of Public Affairs, Dr Abubakar Jimoh, restated this in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja. According to him, the agency […]
12th African Games: Aigbogun assembles 18 Eagles
Flying Eagles’ head coach Paul Aigbogun has released his final list of 18 players who will represent Nigeria at the 12th African Games holding in Rabat, Morocco. The Nigerian national under-20 male team had been training in Abuja for the past two weeks in preparations for Africa’s showpiece multi-sports event. The team of 18 players […]