The non-compliance with the Data Protection Act would have dire consequences on the Nigeria’s petroleum industry, and as such there is the need for the regulatory agency concern to adhere to the enabling laws. According to the National Commissioner/CEO, Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), needs […]
Read MoreThe Nigerian Government, which last year removed fuel subsidy, now seems weary of its subsidisation of electricity supply to the citizens. Indeed, the Minister of Power, Adebayo Adelabu, said Government of President Bola Tinubu cannot continue to subsidise electricity, adding that the nation must begin to move towards a cost-effective tariff model, as the country […]
Read MoreThe Organisation Of Petroleum Exporting Countries (OPEC) has revealed that the oil exports in Nigeria grew significantly by 60.8% in the third quarter of 2023. “Throughout 3Q23, exports witnessed a remarkable 60.8% increase, and imports soared by 47.7%, culminating in a trade surplus of NGN1,888.92 billion in that period,” its Monthly Oil Report released Tuesday […]
Read MoreThe 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 […]
Read MorePresident 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 […]
Read MoreThe 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 […]
Read MoreLatest 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 […]
Read MoreThe 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 […]
Read MoreThe 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 […]
Read MoreIndustry 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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