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All posts by Ifreke Inyang

  • FG flags off digital ICT club to bridge gender divide

    The Minister of Communications Technology, Mrs. Omobola Johnson weekend flagged-off the Digital Girls Club at the Federal Government Girls College, Bwari FCT . This was in continuation of the plan to have the club in I2 federal...

    • Posted March 20, 2014
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  • Nigerian subscribers lose N730bn annually to poor QoS

    PRESIDENT of National Association of  Telecommunications Subscribers , NATCOMS, Chief Deolu Ogunbanjo, says Nigerian telecommunication subscribers lose a minimum of N730 billion annually to poor Quality of Service, QoS by telecommunication service providers. Chief Ogubanjo, who disclosed...

    • Posted March 20, 2014
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  • Ecobank commences ATM Money Transfer Service

    Ecobank Transnational Incorporated (ETI) yesterday disclosed that its customers in Nigeria can now conduct Western Union Account Based Money Transfer (ABMT) services using any Ecobank Automated Teller Machines (ATMs). The partnership with Western Union, according to the...

    • Posted March 20, 2014
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  • Multiple taxation discourages tax payment – DFID

    The Department for International Development (DFID) yesterday identified multiple taxation as one of the factors that discourages people from paying tax in Nigeria. According to the DFID, multiple taxation by different tiers of government and agencies, also...

    • Posted March 20, 2014
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  • Telecoms firms have paid N647m fine – NCC

    The Nigeria Communications Commission (NCC), Tuesday said the three telecommunications firms that were fined N647.5million for poor services had paid. Head, Media and Public Relations, NCC, Mr. Reuben Muoka, confirmed this in a telephone interview with the...

    • Posted March 20, 2014
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  • DPR: Nigeria’s crude oil reserves decline by 2billion barrels

    The Department of Petroleum Resources (DPR), Tuesday disclosed that Nigeria’s crude oil reserves now stand at 35 billion barrels, thus dropping by 2billion barrels or about 5.4 per cent, from an initial level of 37 billion barrels....

    • Posted March 20, 2014
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  • Cash crunch to hit telecoms industry soon

    Owing to dwindling revenue streams and poor investment outlay, the Nigerian telecoms industry may soon experience cash crunch, investigations by our correspondent have revealed. The industry is currently struggling with high operating costs, lower average returns and...

    • Posted March 19, 2014
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  • Manufacturers fret as SON begins review of cement standards

    It was a tension-soaked atmosphere yesterday in Lagos as the technical committee convened by the Standards Organisation of Nigeria (SON) began the review of cement standardisation in the country, with the primary objective of ensuring that only...

    • Posted March 19, 2014
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  • Benin Power Company plans N45bn investments

    The Benin Electricity Distribution Company (BEDC) said to overcome the power challenges in the areas covered by it, over N45 billion would be required in order to improve the network and increase meter availability. Managing Director of...

    • Posted March 19, 2014
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  • Union Bank to sell non-core banking subsidiaries

    Union Bank Plc is in the process of selling its non-core banking subdiaries to allow it focus on areas of competitive advantage, particularly retail, commercial and corporate banking, the Group Managing Director, Mr. Emeka Emuwa, has said....

    • Posted March 19, 2014
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