administrator
Financial

President Tinubu Battles Financial Profligacy in Governance, Slashes Travel Delegates by 60%

President Bola Tinubu has directed a major slash of travel delegations for all Federal Government official trips within and outside the country in a bid tackle financial profligacy in governance The Special Adviser on Media and Publicity, Ajuri Ngelale, disclosed this on Tuesday during a press briefing at the State House in Abuja. He said […]

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News

NCC Issues 14-Days Vacation-Order to Telecoms Operators on 5.4 GHz Frequency Band, Warns of Criminal Charges

The Nigerian Communications Commission (NCC), has warned telecommunications service providers, private/public organizations to stay clear from approved used of 5.4 GHz frequency band spanning 5.430 – 5.725 GHz range is a licensed frequency in Nigeria. The Commission is a statement by the Director, Public Affairs of the NCC, Mr Reuben Muoka, said that the transmission […]

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Business

Respite for Consumers as Dangote Refinery Set for Petroleum Products Production

Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by the Nigeria National Petroleum Corporation Limited (NNPCL). The fresh one million Agbami barrels of crude via MT ALMI SUN is the last cargo to complete the initial scheduled 6 million barrels […]

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News

Dangote Group Explains EFCC Visits, Assures of Commitment to Investigation

The Dangote Group has clarified the recent visit of officials of the Economic and Financial Crimes Commission (EFCC) to its office but assured of its commitment to helping the agency with its investigations. EFCC officials visited the Dangote Group headquarters in Lagos over details of foreign exchange allocated to it by the Central Bank of […]

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Business

POS Transaction Value to Experience Massive Growth of 1,050% as ATM Cash Scarcity Bites

The global transaction value processed via soft POS will reach $11.8 billion by 2028, up from $1 billion in 2023. Growth will be driven by Apple’s launch of Tap to Pay, coupled with soft POS’ low cost of acceptance, which will lead to significant small business adoption. Soft POS allows NFC‑enabled smartphones or tablets to […]

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Business

President Tinubu Sacks CEOs of BPE and FCCPC Ahead of Economy-Restructuring

President Bola Tinubu has sacked the chief executives of the Federal Competition and the Consumer Protection Commission (FCCPC) and the Bureau of Public Enterprises (BPE). Presidential spokesman Ajuri Ngelale disclosed this in a late Monday statement, saying the dismissal of Babatunde Irukera as the FCCPC EVC/CEO and Alexander Ayoola Okoh of BPE is part of […]

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Business

PASSPORT AUTOMATION: Nigerians to Receive Passports by Courier at Home, Contact with Immigration Officers Ends 

The Nigerian Government plans are almost “ready” for the commencement of full contactless passport application and the delivery of the same to applicants via courier. “Starting March 8, Nigerians will no longer have to come to our offices for their biometric,” the Minister of Interior Olubunmi Tunji-Ojo said on Monday’s edition of Channels Television’s Politics […]

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Economy

Billions of Palliatives Fund in Private Accounts  Infuriates President Tinubu, Orders Minister’s Probe

The Minister of Information and National Orientation, Mohammed Idris, made this known in a statement on Sunday. Controversy had enveloped Edu’s alleged involvement in the approval of N585,198,500.00 to be disbursed into a personal account. In a letter allegedly signed by the humanitarian minister, she allegedly instructed the Accountant General of the Federation (AGF), Oluwatoyin […]

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Business

Govts & MDAs Must Take Cybersecurity Serious in 2024, ZTE Corporation Warns

ZTE Corporation,  a global provider of ICT solutions, has unveiled the Cybersecurity White Paper 2023: Governance, Compliance, Openness, and Transparency. This white paper outlines ZTE’s security governance architecture and security assurance system, placing a strong emphasis on effective governance methods and industry best practices. With the evolution of digital technologies, digital infrastructure assumes a crucial […]

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Financial

NITDA Harps on Automation of ICPC to Heighten Anti-Corruption Fight

The National Information Technology Development Agency (NITDA), has said that the automation of the Independent Corrupt Practices and other related offences Commission (ICPC) will step-up the fight against corruption to a large extent in the country. According to the Director General of NITDA, Mr Kashifu Inuwa, automation is a journey and not a one off […]

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