News

Tinubu Inaugurates National Economic Council, Says Collaboration is No Crime

President Bola Tinubu has inaugurated the National Economic Council (NEC), with a promise to sustain the rejuvenation of the nations economy. Addressing members Governors of the federation, President Tinubu charged the council to join forces to support his administration towards transforming the nations economy. He reminded the council of the promise made during his inaugural […]

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Business

President Tinubu Appoints CyberCrime Expert as EFCC Acting Chairman

Following Tuesday, June 14, 2023, suspension of Mr. Abdulrasheed Bawa, as Executive Chairman of the Economic and Financial Crimes Commission by the Federal Government, Mr. Abdulkarim Chukkol has stepped in as Acting Chairman of the Commission. In a statement today by its spokesman, Wilson Uwujaren, the Commission released a profile of the Acting Chairman. According […]

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News

NCC Tasks Telcos on Network Security, Consumer Safety

The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) and Internet Service Providers (ISP) in the country to comply with regulatory frameworks emplaced by the Commission towards ensuring security and safety of their networks for telecom consumers. The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Commission, Prof. Umar Danbatta, gave […]

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FinTech

President Tinubu Signs Data Protection Bill into Law to Punish Offenders of Private Data Disclosure

President Bola Tinubu has signed the Nigeria Data Protection Bill, 2023 into law. The Nigeria Data Protection Act, 2023 provides a legal framework for the protection of personal information, and the practice of data protection in Nigeria. The bill was introduced to the Senate and House of Representatives for consideration and passage on Tuesday, 4 […]

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News

Nigeria’s Telecom Access Gaps Drop by 53%

The number of identified areas of clusters across Nigeria without access to the telecommunications services has been reduced by 53.1 per cent as at the end of 2022. The Executive Vice Chairman and Chief Executive Officer of the Commission, Prof. Umar Garba Danbatta, disclosed this at a recent telecoms industry stakeholders forum in Yenagoa, Bayelsa […]

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Business

Nigeria’s Vincent Olatunji Joins Forbes Technology Council

The National Commissioner of Nigeria Data Protection Bureau, NDPB, Dr Vincent Olatunji been appointed into Forbes Technology Council for 2023. Dr Olatunji was vetted and selected by a review committee based on the depth and diversity of his experience. The appointment highlights Nigeria’s recognition in the global data protection space. Forbes Councils’ founder Scott Gerber […]

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Business

Investors Harvest 140% Return from Dangote Cement

Investors who took positions in Dangote Cement’s stock in 2020 and exited June 31, 2023 harvested 140.26 per cent returns through capital appreciation and 11.11 per cent in H1- 23. This excludes dividend payment which has remained consistently impressive. In response to the economic headwinds which erode working capital, many companies are ploughing back a […]

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News

Premium Times Unveils Dr Ibietans Book Chronicling Nigerians’ Voting Behaviour

Premium Times Books, the book publishing arm of the Premium Times Group, has unveiled a new title, Cyber Politics: Social Media, Social Demography and Voting Behaviour in Nigeria, written by the Head of Media Relations Management at the Nigerian Communications Commission (NCC), Dr Omoniyi Ibietan. Ibietan’s book is officially making its way today physical and […]

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Business

Danbatta Gets Award on Quality Public Service Delivery, Assures of Broadband Support for e-Procurement

The Association of Public Procurement Practitioners of Nigeria (APPON) has conferred the Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, with the “Excellent Service Delivery and Accountability Award”. The award was in recognition of Danbatta’s outstanding performance and contribution to the canons of the public procurement profession […]

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Business

2022 REPORT: Savannah Energy Records 20% Increase in Nigerian Operations as Renewable Energy Drive Continues

Savannah Energy PLC, the British independent energy company focused reported an impressive performance as stated in its audited results for the year ended 31 December 2022. The results showed Savannah’s total revenues grew 26% to US$290.4 million (from US$230.5m in 2021), ahead of previously issued guidance of US$215m. Adjusted EBITDA likewise rose 27% to US$222.4m […]

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