The House of Representatives yesterday said the Nigerian Communications Commission (NCC) can resume talks with MTN Group over the $3.9 billion fine imposed on it while the lawmakers continue an investigation into the penalty. In October last year, NCC fined the telco. The chairman, House Communications Committee, Saheed Fijabi said the NCC should lead the […]
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The Nigerian Stock Exchange All-Share Index on Wednesday posted the biggest return since the beginning of this year, as investors reacted positively to the Central Bank of Nigeria’s Monetary Policy Committee’s decision to allow a flexible foreign exchange regime. The market capitalisation appreciated by N354bn to close at N9.706tn from N9.352tn on Tuesday, while the […]
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The Lagos State Government says it has so far disbursed a total sum of N147,686,764.77 as housing loan to 667 civil servants in the state to purchase land, build houses and renovate existing accommodation. The Head of Service, Mrs. Olabowale Ademola, stated this during a press briefing in Alausa, Ikeja, on Tuesday, adding that the […]
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The Federal Government on Tuesday said it had recorded savings of about N220bn since April 2007 when it commenced the implementation of the Integrated Personnel Payroll Information System. A statement from the Office of the Accountant-General of the Federation said that the amount was expected to increase when other agencies of government would enrol onto […]
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