Business

At Last MultiChoice Agrees to  Pay Nigeria $37.3m for Tax Settlement

The MultiChoice Group has bowed to the law and reached a settlement with Nigerian tax authorities agreeing to pay a total tax of about $37.3 million. According to a report by Reuters, the broadcaster said, “The total tax amount of $35.4 billion which MultiChoice Nigeria and MultiChoice Africa Holdings will be offset against the security […]

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Business

Senegalese President Applauds Aliko Dangote’s Impact on Senegal & Africa’s Economy

President of the Republic of Senegal, Macky Sall, has described Aliko Dangote, President of Dangote Group, as a blessing to Senegal and Africa as a whole. He lauded the entrepreneurial and philanthropic activities of the frontline businessman and said, the highest civilian award in Senegal, the National Order of the Lion Award, was bestowed on […]

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Economy

Olatunji Recounts Milestones of NDPC, Says Commission Rakes in N6.2b in 2023 & Created 10,123 Jobs

The Nigeria Data Protection Commission (NDPC) headed by Dr Vincent Olatunji is excited about the achievement that it has made in the las few years of its establishment. At the 2nd Anniversary Dinner and Awards Night, held alongside the unveiling of the NDPC Annual Report for 2023, the Commission revealed how much it has impacted […]

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Business

36 Nigerian Oil Blocks are Under Concession to Foreign Oil Companies, Says NNPC

Latest data from the Nigerian National Petroleum Company (NNPC) Limited showed that no fewer than 36 oil blocks are under concession to international oil companies operating in Nigeria and their indigenous counterparts in the country. An analysis of NNPCL’s latest Consolidated and Separate Financial Statements for the Period Ended December 31, 2022, indicated that the […]

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News

Nigerian Economy On-Hold Again as Electricity Blackout Hits Entire Nation

The Nigerian economy is on the halt seat again as the the entire nation is on blackout due to the national grid collapsed, first time in 2024. In a statement, the Transmission Company of Nigeria (TCN) said “the grid experienced a partial disturbance at about 11:21 hours with Ibom power islanded, feeding Eket, Ekim, Itu […]

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Business

NITDA DG, Inuwa Flags-off N150m Prize Digital For All Challenge 2.0

The Director General, National Information Technology Development Agency, Mr Kashifu Inuwa has flagged-off the official launch of Digital For All Challenge 2.0, an initiative of TECH4DEV in partnership with NITDA and Foreign, Commonwealth and Development Office. This is an effort to foster digital literacy and cultivate talents and to achieve a 70% digital literacy rate […]

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Business

Industry Bigwigs Arrive kano for 2024 National Council on Communications, Innovation & Digital Economy Confab

Industry bigwigs led by the Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani have arrived the ancient Kano city for the National Council on Communications, Innovation and Digital Economy Meeting taking place in Kano State Government House’s Coronation Hall. The Governor of Kano State, Engr Abba Yusuf, Director General of National Information and […]

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Business

Nigeria to Launch Africa’s First Database for Transport Industry to Enhance Policy Formulation

The Nigerian Government is set to unveil Africa’s first data base for the transportation under its  Smart National Transport Databank initiative. The government hails it as Africa’s first online, real-time, nation-wide comprehensive transport database, with the aim of improving policy formation and ensuring the sector fulfils the demands of the population and economy. The administration […]

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Business

FG Backs Lagos Ban of Reusable Plastic, Says It’s Inevitable

The Federal Government has backed the ban on reusable plastic by the the Lagos State Government. The Government said that  the ban of some plastic materials is inevitable, even as it urged Nigerians to be prepared for “wholistic circular management of our waste”. The Minister of State for Environment, Iziaq Salako, made this known in […]

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Technology

INNOVATION: Nigerians Now to Get International Passport in Two Weeks, Says Comptroller General

The Comptroller General of the Nigeria Immigration Service (NIS), Wura-Ola Adepoju, said it will take two weeks between the point of application for green passports to be produced. Adepoju was a guest on Channels Television’s Sunrise Daily programme on Wednesday, alongside the NIS Deputy Comptroller General, Kemi Nandap. “Because of the screening that we need to do, […]

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