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NCC ACT: FG Approves Review to Streamline Regulatory Roles with NITDA Towards Telecoms’ Sector Growth

In order to clearly differentiate the regulatory roles of the Nigerian Communications Commission (NCC) from the Information Technology (IT) policy development and implementation roles of the National Information Technology Development Agency (NITDA), the federal government has approved the review of NCC Act 2003. The decision of the federal government to distinctly differentiate the roles of […]

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NCC Cautions Consumers over Rising Electronic Frauds in Nigeria’s Telecom Industry

The apex regulatory authority of the telecommunication sector in Nigeria, the Nigeria Communications Commission (NCC) has cautioned various telecommunication consumers on the rising trend of electronic frauds perpetuated on telecom platforms across key sectors of the Nigerian economy. The Director, Consumer Protection and Advocacy Unit, Consumer Affairs Bureau of the Commission, Mr. Alkasim Umar, sent […]

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NASENI New EVC/CEO Halilu Parleys With Management, Harps on Commitment To New Direction of Agency

The new Executive Vice Chairman/CEO of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Halilu, has charged the management team to commit fully to the new direction being charted for the agency. Halilu stated this Monday, as he began receiving operational briefings from the agency’s management and senior staff. He reiterated that […]

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Uba House For Arise

UBA Records N404bn Half Year Profits; Significant Growth in Re venue and Other Key Metrics, A Further Demonstration of Pan-Africanand Global Growth; Declares Interim Dividend of 50k per share; Shareholders’ Funds Hit N1.712 trn

Africa’s Global Bank, United Bank for Africa (UBA) Plc, delivered an outstanding performance for the half year ended June 30, 2023, as announced in its audited financial report. The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group recorded double and triple-digit growth across its major income lines, as it […]

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Bank of Industry Assets Climbs to N3.3trn at H1 2023

The Bank of Industry has recorded yet another historic milestone by achieving N3.3 trillion in Total Assets as at June 30 2023. This represents a year-on-year growth level of 67% on N1.97 trillion asset level as at June 2022. Profit before tax after impairments (PBT) has grown by an impressive 177% year on year from […]

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Ecobank

Ecobank Unveils Back-to-School Packages for Customers

Ecobank Nigeria is offering special loan packages for parents and guardians to enable them pay school fees for their children and wards ahead of resumption for the 2023/2024 school year. In another master stroke, the bank is making special infrastructure loans available to educational institutions. This, according to the bank, will equip them adequately for […]

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Swedish Government, Ericsson Sustained Partnership Remarkable, Says Danbatta

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has commended the Swedish Government and Ericsson for their commitment and consistency in a strategic partnership with NCC on capacity building which has strengthened the Commission’s regulatory activities. Speaking at a workshop jointly organised by NCC […]

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Danbatta: Nigeria’s Telecom Contribution to GDP Hits 16%; Predicts Broadband Penetration to Hit 50% by Year-End

The telecommunications sector’s contribution to the nation’s Gross Domestic Product (GDP) has increased significantly to 16 per cent in the second quarter of 2023, according to the data reported by the Nigerian Communications Commission (NCC) based on the computation by the Nigeria Bureau of Statistics (NBS). The Executive Vice Chairman of NCC, Prof. Umar Danbatta, […]

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Dangote Celebrates African Young Global Leaders

At the World Economic Forum Annual Meeting 2011 in Davos, Switzerland, Aliko Dangote, President, and Chief Executive Officer of the Dangote Group, learned about the Forum of Young Global Leaders (YGLs) and the tremendous potential of this unique World Economic Forum community to develop the next generation of African leaders from all parts of society. […]

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New NASENI Boss Halilu, Assumes Office, Vows To Use STI To Spport Tinubu’s Socio-Economic Priority Areas

    The newly appointed Executive Vice Chairman/Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu said he would ensure that President Tinubu’s Renewed Hope Agenda is achieved through the deployment of Science, Technology and innovation (STI) in the economy. Mr. Halilu made this statement while addressing the […]

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Ncc

Nigeria Hosts 54 Countries, others to Africa Internet Governance Forum 2023

Nigeria is set to play host to 54 African nations and other continental Internet governance stakeholder blocs at the 2023 Africa Internet Governance Forum (AfIGF 2023) in Abuja from 18th to 21 September, 2023.   This year’s event, being the 12th edition of the annual forum, is being hosted by the Nigerian Communications Commission (NCC) […]

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Aradel

Aradel Holdings Modular Refinery To Begin Operation Soon

The managing director and chief executive officer (CEO) of Aradel Holdings, Mr Adegbite Falada, has said, the company’s modular refinery will start operations soon, describing local refining of crude into petroleum products as very essential for Nigeria. Speaking in Lagos recently during the rebranding of Niger Delta Exploration and Production Plc (NDEP) to Aradel Holdings, […]

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