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Business

Again, Nigerian Telecoms Explains Essence of Tariff Increase, Says Operational Costs Mounting

In January 2025, the Nigerian Communications Commission (NCC) announced a 50% telecoms tariff increase, a decision targeted at the sustainability of the industry, yet a move that was met with mixed reactions from the public since its implementation on February 11, 2025. This increase comes amid inflation and foreign exchange volatility, which have contributed to […]

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Business

Nigeria Government Applauds Dangote’s Impact on Industrialization

The Federal Government has lauded Dangote Group’s pivotal role in the country’s push towards industrialization. Acting Permanent Secretary in the Ministry of Industry, Trade and Investment, Dr. Dafang I. Sule, who represented President Bola Ahmed Tinubu and the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, thanked the company for “doing a good job” […]

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News

Seplat Energy Clinches ‘Deal of the Year’ Award

Seplat Energy Plc, a Nigerian energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has clinched the ‘Deal of the Year’ Award at the recently held New Telegraph Newspaper Awards. Seplat Energy completed the deal on the acquisition of Mobil Producing Nigeria Unlimited – renamed Seplat Energy Producing Nigeria Unlimited […]

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Business

Dangote Petroleum Refinery Boasts of N600bn Litres of Petrol in Storage 

Dangote Petroleum Refinery has enough Premium Motor Spirit (PMS otherwise known as petrol) in storage to sufficiently meet the local needs of Nigeria. According to the President of Dangote Industries Limited (DIL), Aliko Dangote, the oil refinery has “more than half a billion litres of petroleum and over 600 billion Naira worth of products in […]

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Business

Nigeria Unveils Plan of Compulsory Ducts in Road Construction for Fibre Optic Cable Laying Nationwide

A new road construction plan that will make it compulsory for all roads in Nigeria to have ducts for the laying of fibre optic cables  has been finalised by the Federal Ministry of Works (FMoW) and the Federal Ministry of Communications, Innovation, and Digital Economy (FMoCIDE). When effective, it will ensure planning, design and construction […]

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Business

NDPC Gets Legal Backing from Judicial Body to Enhance Enforcement of Data Privacy Right 

The Nigeria Data Protection Commission (NDPC) has secured the support of the National Judicial Institute (NJI). It will be recalled that the NJI is responsible for the training of judicial officers in Nigeria from magistrate courts to the Supreme Court of Nigeria. During a courtesy visit of the Commission, to NJI, the National Commissioner and […]

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Business

Absence of Global Data Centre Operators in Nigeria Stifling Investments into Infrastructure Deployment, Says NITDA Boss

The absence of global date centres players in Africa denies Nigeria of investment into the data centres infrastructure deployment in the country. Indeed, the lack of clear data on infrastructure is making the attraction investment becomes challenging, the Director-General, Kashifu Inuwa, the National Information Technology Development Agency (NITDA), observed. Who made the observation at the […]

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Business

Teenage Spelling Bee Hero Serves as MTN Nigeria’s CEO for One Day

A 15-year-old Ikenna Ikechukwu stepped into the role of CEO at MTN Nigeria for a day on Wednesday, February 19, 2025. The teenager from Glorious Covenant School in Rivers State earned this extraordinary opportunity after clinching the top spot in the 2024 MTN mPulse Spelling Bee competition. Ikechukwu’s day at the helm of one of […]

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Business

USPF Signs MoU with Ogun State on Effective Utilisation of Emerging Tech Centre at Handover Ceremony 

The Universal Service Provision Fund (USPF) of the Nigerian Communications Commission (NCC) has handed over a new Information and Communication Technology (ICT) project to Ogun State Institute of Technology (OGITECH), Igbesa, Ogun State. The project named: Emerging Technologies Centre (ETC), sited on the Institute’s campus, is aimed at enhancing learning experience of students while providing […]

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Business

Aliko Dangote Hails IBB Impact on Nigeria’s Private Sector, Pledges N8bn to Presidential Library

The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has praised former Head of State, Gen. Ibrahim Badamasi Babangida, popularly known as IBB, for implementing policies that liberated the private sector in Nigeria during his regime. Dangote made this statement on Thursday during the unveiling of the book “A Journey in Service”, the […]

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