bridging information and transformation
The House of Representatives has taken steps to take away the operation, management, development, maintenance, and preservation of the National Assembly (NASS) Complex and all legislative property away from the Federal Capital Development Authority (FCDA). This is as the Green Chamber is considering the National Assembly Infrastructure and Property Agency (Establishment) Bill, 2025, jointly sponsored […]
Nigeria loses N7.2 trillion out of N9 trillion ($6billion) annual freight rate to foreign shipping companies over a lack of indigenous capacity. In the National Policy of Marine and Blue Economy launched by the Federal Ministry of Marine and Blue Economy in Lagos, over the weekend, it was gathered that 80 per cent of the […]
The Central Bank of Nigeria (CBN) has announced a nominal charge of approximately $50 on the recently launched Non-Resident Bank Verification Number (NRBVN) initiative, a service designed specifically for Nigerians living in the Diaspora. The CBN said the charge is not a fee for obtaining a BVN, but rather a recoverable processing cost for remote […]
Enugu State Governor, Peter Mbah, has declared that the newly launched state-owned airline, Enugu Air is for the traders and people of Enugu and not a government initiative for politicians . The governor said the project was a people-driven project aimed at empowering traders, students, investors, and everyday travellers. Mbah, who spoke at the inauguration […]
Trading activities in the domestic equities market yesterday gained N193 billion to start this week on a positive note, supported by investors’ demand for Cadbury Nigeria Plc and 52 others. The All-Share Index (ASI) gained 305.67 points, representing a gain of 0.25 per cent to close at 121,295.33 points. Also, market capitalisation rose by N193 […]
Vice President Kashim Shettima and the Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, have urged judges to deliver swift, consistent, and credible judgments in capital market-related cases as part of broader efforts to inspire investor confidence and strengthen Nigeria’s economic and financial landscape. Speaking at a high-level workshop organised by the Securities and Exchange […]
The Transmission Company of Nigeria (TCN) said it had added a fresh 250MW to the nation’s national grid following the successful commissioning of a new 330/132/33kV Bauchi Transmission Substation in Bauchi town. The company’s general manager, Public Affairs, Ndidi Mbah, who announced the development on Monday, said the new Bauchi substation project commenced in February […]
Passengers departing from Nigeria pay a whooping $180 each for international and regional departures, report has shown. These findings which were detailed in the 2024 Taxes and Charges Study Review by the African Airlines Association (AFRAA), based on data collected across 54 African countries in September 2024, however, ranked Nigeria as the 3rd country with […]
The Nigerian Communications Commission (NCC) is set to spotlight investment opportunities, emerging trends, and the long-term growth potential of Mobile Virtual Network Operators (MVNOs) at the sixth edition of the Telecom Sector Sustainability Forum (TSSF 6.0). With 43 MVNO licenses already issued by the NCC across five distinct service tiers, Nigeria is preparing to unlock […]
The Nigeria Customs Service (NCS) has described as fake news the statement circulating online announcing the shortlist of candidates for a Computer-Based Test (CBT). The Service public relations officer, Abdullahi Maiwada, said the statement currently circulating on social media and other messaging platforms is fraudulent, misleading, and did not emanate from the Service. According to […]