NCC, SON Sends Out a Strong Message to Violators in 2013
The Nigerian Communication Commission (NCC) last Friday sent out a warning message to Telecom operators who failed to adhere to rules and regulations of the commission, stating that the commission will not let any offender go unpunished...
- Posted 163 days ago
Starcomms shareholders give nod to $210 million acquisition by Capcom
In its quest to become a key driver and player in the mobile technology Industry, Starcomms Nigeria Networks Limited is set to re-strategize its business direction as its shareholders have approved the whooping $210 million deal, ceding...
- Posted 165 days ago
NIBSS PoS make transaction turnover of N38.6billion in 2012
Technology in the Financial sector had a positive experience in the year 2012 as the Nigerian Interbank Settlement Systems (NIBSS) recorded over 2 million successful Point of Sales (PoS) transactions which was valued at about N38.8billion. This...
- Posted 166 days ago
FG to provide 10 million mobile phones worth N60b to rural farmers
The Permanent Secretary, Federal Ministry of Agriculture, Mrs Ibukun Odusote yesterday said the Federal Government is working on providing 10 million mobile phones to farmers by the end of March. She said the handsets were produced in...
- Posted 167 days ago
New projects to raise Nigeria’s crude oil production to 2.62m bpd
Nigeria’s dream of stepping up its crude oil production, to gain leverage in the international energy market could be actualized this year, with the inception of new oil projects from the Usan (180,000 bpd) to the Egina...
- Posted 168 days ago
Jonathan extends agreement with Global ScanSystem for destination inspection contracts
In a bid to fulfil his 2013 promises, President Goodluck Jonathan has approved the provision, installation, operation, and management of x-ray scanning equipment and software for the inspection of goods. Earlier, the President had an agreement with...
- Posted 168 days ago
Pension Fraud: Maina to resign after N3 trillion stolen funds are recovered
The Chairman, Pension Reform Task Team, Abdulrasheed Maina on Saturday said he will resign his position as the Chairman of PRTT as soon as the N3tr is recovered. Speaking with reporters in Abuja on Saturday, Maina said...
- Posted 170 days ago
Pension fraud: Senate plans to come back strong against Maina and his Group
The Senate committee probing the management of pension funds, the same committee that ordered the arrest of Maina and later said they will leave him to God is now planning tougher measures against the Pensions Reform Task...
- Posted 173 days ago
ICPC to fraudulent contractors: “2013 won’t be business as usual”
The Independent Corrupt Practices and other related Offences Commission (ICPC) has communicated its renewed determination and strategies to combat fraudulent contractors come 2013. In a warning message, it said contractors should take note because “2013 won’t’ be...
- Posted 174 days ago
Power generation now 4,500 MW – Jonathan
President Goodluck Jonathan has said that there has been a significant improvement in the nations power sector. This is contained in his message posted on his Facebook wall on Christmas day. The president also said that he...
- Posted 175 days ago
Secrets behind Sambo’s N16 billion Home
Some weeks ago, the Executive Secretary of the Federal Capital Development Authority (FCDA), Adamu Ismail brought forward a request to the lawmakers, demanding for additional N9bn to complete the Vice President’s residence. The Senate Committee on the...
- Posted 177 days ago
U.S Crude Oil Surge Creates Concern For Nigeria.
One of Nigeria’s greatest partner in the oil market the United States of America, just released an information that has generated a lot of concern at the moment in the energy market. The information is that the...
- Posted 181 days ago