A meeting between the officials of Etisalat Nigeria, the Nigerian Communications Commission, the Central Bank of Nigeria and a consortium of banks has reportedly been scheduled for Wednesday, June 21 to find a resolution to the debt crisis troubling the telecoms company. Competent sources told Channels Television that several meetings were ongoing at the NCC […]
Telecommunications service provider, Etisalat Communications has been taken over by banks it is indebted to. The Banks, led by Access Bank PLC and other local and foreign banks have taken over the telecommunication company effective June 15. The take-over came as a result of a futile effort by Emerging Markets Telecommunications Services, EMTS, promoted by-one […]
The Minister of Finance, Mrs Kemi Adeosun has said that the government will soon release N350 billion, being the first tranche for capital votes implementation of the 2017 budget. Speaking yesterday at the public presentation of 2017 Appropriation Act, Adeosun said the Government had enough cash available to commence the execution of key projects and […]
Following its intervention in the inter-bank Foreign Exchange Market last week to the tune of over $800 million, the Central Bank of Nigeria (CBN) on Monday injected $195 million into the inter-bank foreign exchange market to meet the requests of customers in the various segments of the market. A breakdown of the intervention revealed that […]
Seven fake credit cards were found in the pockets of Dammy Krane on 1 June when he was arrested at Opa-locka Executive Airport in Miami Dade, Florida. A report in New Miami Times said the police have now slammed a nine count felony charge at Miami Dade’s criminal court for credit card forgery and grand […]
Modion Communications, one of Nigeria’s fast growing Public Relations and Communications solutions providing agency, has been named ‘Outstanding Young PR agency of the Year’ at the 2017 edition of the Marketing Edge Brands & Advertising Excellence Awards, on Friday June 17, 2017, in Lagos. Marketing Edge is a leading media platform that provides insights into […]
The National Sugar Development Council (NSDC) has said that Nigeria’s N2 billion packaged sugar investments are being threatened by smuggling of packaged sugar into the country. Speaking to journalists in Abuja yesterday, the council’s Executive Secretary, Dr. Latif Busari, said importers were flouting the country’s ban on importation of packaged sugar by smuggling them into […]
The Rivers State Waste Management Agency (RIWAMA) has announced the sacking of four Service Providers over poor performances. The Sole Administrator of the Agency, Felix Obuah, who announced the termination of the services of the contractors during a meeting held with Service Providers at the RIWAMA office in Port Harcourt, gave the names of the […]
The Lagos State Government on Thursday announced the opening of a website to register intending applicants for the 2017 edition of Ready.Set.Work (RSW) scheme which is an entrepreneurship and employment initiative designed to equip final year students of tertiary institutions with the right skills to add value to the society.
Porting activities among telecommunications service providers declined by 8,248 in April, the Nigerian Communications Commission (NCC) has said. The “Incoming and Outgoing Porting Activities of Mobile Network Operators” report obtained by the News Agency of Nigeria (NAN) on Thursday in Lagos showed that subscribers porting within the networks stood at 33,773 in April, as against […]