Nigeria Economy

Minister Of Water

Nigeria Government Explains Why States are Flooded

THE Federal Government of Nigeria has said has given explanations on the flooding of several states across the country, stating that water from the Lagdo Dam in Cameroon is not responsible for the flooding that has devastated parts of the country. While the Senate Committee on Water Resources, like many Nigerians, was of the view […]

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Polaris

CBN, AMCON Sell off Polaris Bank

Nigeria’s apex bank, the Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have officially announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100percent of the equity in Polaris Bank by Strategic Capital Investment Limited (‘SCIL’). This is even as the House of Representatives on Wednesday […]

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Danbatta

NCC Disowns Circulating “Certificate of Site Ownership for Mass Transmission Antenna”

The Nigerian Communications Commission (NCC) has discovered, through social listening and environmental surveillance that a fraudulent letter, titled: “Certificate of Site Ownership”, for clearance of “Mast Transmission Antenna”, are being circulated by some unidentifiable individuals, and purporting that the letter was issued by the Nigerian Communications Commission, NCC. The fraudulent letter claimed that the Commission […]

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Gov Forum

Governors Assemble for Broadband Awareness Forum

All Nigeria State Governors are set to discuss how to empower the citizens with latest telecoms technologies as they partake in the maiden edition of Broadband Technical Awareness Forum for Governors (BTAF), put together by the Nigerian Communications Commission (NCC) and slated for Thursday in Abuja. The programme, which takes place at the Congress Hall […]

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2023

Telecom Infrastructure Very Important to Success of 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has said telecom infrastructure is very critical to successful 2023 elections, therefore, every Nigerian in every community should join hands in protecting it for the benefit of the country. Danbatta, who was special guest at the 6th Edition of the Annual Conference of […]

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Uba

UBA Foundation Wins Award in Corporate Social Responsibility

Africa’s global bank, the United Bank for Africa’s Foundation has been recognised as a leader in Corporate Social Responsibility at the just concluded 10th anniversary of the Marketing Edge brands and advertising excellence awards which was held in Lagos recently. The highly impactful initiatives of the UBA Foundation such as the annual National Essay Competition; […]

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Obajana

Dangote:Acquisition of Obajana Cement Plant followed Due Process, Says, Company Incorporated in 1992, Disowns Kogi Govt Equity interest in Plant, Says Plant, Machinery Conceived, Designed, Procured, Built, Paid for Solely by DIL

The management of Dangote Industries Limited has insisted that its acquisition of the Obajana Cement Plc in 2002 followed due process, contrary to claims by the Kogi State government. The conglomerate asserted that Kogi State government has no equity interest in Obajana Cement Plc. It also stated that the company as a responsible corporate organisation […]

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Ncc

Nigeria Re-Elected as ITU Council Member

In clear recognition of the critical role Nigeria is playing on the global telecom stage, the country was re-elected earlier today as a Council member of the International Telecommunication Union (ITU), the United Nations specialised agency that oversees global telecommunication operations. Nigeria will serve on the Council again from 2023-2026. The election of Nigeria and […]

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Ncc

Blackbyte Ransomware Abuses Legit Driver to Disable Security Products, Says NCC-CSIRT

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has flagged a high-impact threat to Windows operating system, the Blackbyte Ransomware, which has the capacity to bypass protections by disabling more than 1,000 drivers used by various security solutions. The NCC-CSIRT said the BlackByte ransomware gang, which is using a new technique that researchers […]

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Dangote Pet

Dangote Dismisses Alleged Involvement in Kogi Assembly Fire Outbreak

The management of Dangote Cement Factory in Obajana, Kogi State has denied the claim about its involvement in the fire outbreak in the Kogi State House of Assebly complex. In a statemement signed by the Group Chief Branding & Communications Officer Dangote Industries Limited Mr Anthony Chiejina, the company denied any complicity in the allegation, […]

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Dangote

NACCIMA, LCCI, Others: Closure of Dangote Cement Factory by Kogi Govt, Shocking, Hasty; Urge Truce

The Organised Private Sector (OPS) operators under the aegis of the National Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA) have berated the Kogi State government over the closure of Dangote Cement, Obajana Plant, describing the action as being hasty. This is just as Lagos and Abuja branches of the Chamber in separate […]

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Dangote

Shareholders Associations Condemn Kogi Govt, Say Actions Against Dangote Cement, Dangerous for Investment

Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State. They described as barbaric the use of thugs to embarrass investors, such as meted out on Dangote cement and other companies located in Kogi […]

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