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President Bola Tinubu, on Thursday in Abuja, said the telecoms sector’s regulatory framework and operations would be reviewed to reflect global best practices, with a greater focus on protecting infrastructure. According to a statement by presidential spokesman, Bayo Onanuga, President ...

One of the biggest challenges facing Nigeria’s maritime sector is the annual loss of billions in uncollected tariffs due to fraudulent cargo declarations. Nigeria’s ports handle millions of metric tons of cargo annually, yet poor tracking mechanisms and loopholes in ...

A key green hydrogen project with a development value of about $7.9 billion is being executed in Akwa Ibom State with backing from China. Representatives from China and Nigeria agreed to execute the project to be located within the Liberty ...

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to explain its planned subscription price increase, scheduled to take effect on March 1, 2025. The regulatory body, citing concerns over recurrent price hikes and potential market abuse, ...

The Niger Delta Youth Congress (NDYC) has condemned former Kaduna State governor Nasir el-Rufai’s recent call for a political alliance between the North and the South-South regions ahead of the 2027 general elections. In a statement signed by the President ...

The Federal Government has received the first batch of 2,000 tractors and 9,027 other farming equipment from Belarus as part of efforts to enhance mechanised farming and accelerate food production across the country. The Special Assistant to the President on ...

The federal government, through the Presidential Enabling Business Environment Council (PEBEC), has addressed recent concerns regarding the Minister of Interior’s decision to cancel the Visa-on-Arrival (VOA) policy. In a statement issued to journalists yesterday in Abuja, the director-general of PEBEC, ...

Subscribers of MultiChoice’s DStv and GOtv services will have to pay more for their packages as the the PayTV company has announced a price increase set to take effect from March 1, 2025. In a statement issued to customers on ...

…Seeks Tinubu’s intervention Nationwide premium motor spirit (petrol) scarcity looms in Nigeria as the Independent Petroleum Marketers Association of Nigeria (IPMAN) has issued a seven-day ultimatum to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over unpaid bridging claims. ...

The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current levels. Managing director/CEO of Lagos-based Financial Derivatives Company, Bismarck Rewane, who revealed this, attributed the steady appreciation ...