Following the drastic disruption of internet services in Africa, Nigeria Communication Commission (NCC) has called for a shared and cooperative approach to protect telecommunication structures to ensure continuous internet connectivity. This was confirmed by the Executive Chairman of NCC Dr. Aminu Maida in a statement delivered in Annual General Meeting (AGM) of West Africa Telecommunication…
Disruption is an understatement. To describe the situation lucidly, extinct is the correct word. Indeed, without equivocation, the snap of internet services last week left a tale of woes. Ogbodo Ozioma Favour reports the socio-economic challenges faced by users. Internet service disruption almost all of last week in the Federal Capital Territory, Abuja, reportedly caused…
In a bid to tackle the rampant vandalism of transportation infrastructure, particularly properties belonging to the Nigerian Railway Corporation (NRC), the Federal Government has embraced a partnership proposal put forward by the Broadcasting Organization of Nigeria (BON). This move was announced by the Minister of Transportation, Said Alkali, during a meeting with a delegation from…
The Naira has been ranked as one of the 15 poorest performing currencies compared to the US Dollar. A report credited to Statisense and dated March 18, 2024, examines the yearly depreciation of various currencies in relation to the USD. Lebanon has the highest percentage loss at -497%, with Syria following closely at -418% and…
In a groundbreaking development, the U.S. Department of Justice has announced an antitrust lawsuit against tech giant Apple. The suit made on Thursday, alleges anti-competitive behavior in the company’s app store practices. This move signals a significant escalation in the government’s efforts to address concerns about competition in the tech industry. The lawsuit is expected…
The Federal Ministry of Transportation has announced the development of the first-ever National Land Transport Policy (NLTP). Speaking at a stakeholders’ validation forum held on Wednesday, the Minister of Transportation, Said Alkali, emphasized the transformative potential of the NLTP for the land transport sub-sector, which he identified as the weakest link in the nation’s transportation…
The Central Bank of Nigeria (CBN) on Wednesday, announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the CBN Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion in claims. This was disclosed by the Bank’s Acting Director, Corporate Communications, Mrs. Hakama Sidi Ali, in…
Nigeria commemorates one year of relentless counter-terrorism endeavors, aimed at curbing the scourge of terrorism, banditry, and violent extremism plaguing the nation. Spearheaded by the National Counter Terrorism Centre (NCTC), established on March 21, 2023, under the Terrorism Protection and Prohibition Act (2022), the country has seen a concerted effort to combat these threats head-on….
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Coalition for Dialogue on Africa (CoDA) have renewed their cooperation agreement in an effort to combat illicit financial flows (IFFs) and advance asset recovery initiatives in the country. Chairman of the ICPC, Musa Adamu Aliyu reaffirmed the commitment to combat IFFs, emphasizing the…
…As FG, states, LGs allocations hit N10.14tn The removal of subsidy on Premium Motor Spirit,(PMS) commonly called petrol, pushed up the statutory revenue allocations from the federation account that was shared by the three tiers of government in 2023 to N10.14tn. In a data released by the Nigeria Extractive Industries Transparency Initiative (NIETI) on Tuesday,…
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