Another element influencing the restricted effectiveness of 5G spectrum licenses is the enduring digital gap present throughout Nigeria. Despite the potential advantages for urban locales stemming from the implementation of 5G networks, rural and underserved communities persist in encountering obstacles to accessing affordable and dependable internet connections. Addressing this digital […]
Nigerian fintech firms are cautioning their users against participating in cryptocurrency or any virtual currency trading through their platforms, threatening to suspend accounts engaged in such activities. Specifically, Opay, Moniepoint, PalmPay, and Paga have relayed this directive to their users as of Friday. Recently, the Central Bank of Nigeria imposed […]
During the ongoing 2024 Ministerial Press Briefing to commemorate the first year of Governor Babajide Sanwo-Olu’s second term in office, Tokunbo Wahab, the state Commissioner for the Environment and Water Resources, revealed in Ikeja on Friday that a total of 1,037 individuals were apprehended for violating traffic rules by crossing […]
The Nigeria Union of Journalists (NUJ) has urged President Bola Ahmed Tinubu to reveal his administration’s strategy and agenda for ensuring the protection of journalists and media personnel in Nigeria. In a joint statement marking World Press Freedom Day on Friday, Comrade Jide Oyekunle, Chairman of FCT Correspondents Chapel, and […]
The Nigeria Customs Service (NCS) has hiked the foreign exchange (FX) rate for import duties to N1,441.58 per dollar, marking a 4.94 percent increase compared to the previous rate of N1,373.64/$ set on May 1. This adjustment was noted by customs officials last Friday on the federal government’s single window […]
Borussia Dortmund confirmed on Friday that Marco Reus, a seasoned veteran who has spent 12 years with the club, will be departing at the end of the season. It was mutually decided that Reus’ contract would not be renewed, despite the 34-year-old expressing his desire to continue playing rather than […]
The Lagos Waste Management Authority (LAWMA) has finalized the rehabilitation of Olusosun dumpsite as the rainy season approaches, aiming to facilitate smooth waste disposal operations throughout the state. Dr. Muyiwa Gbadegesin, Managing Director/CEO of LAWMA, emphasized this in a statement on Thursday, highlighting the rehabilitation’s purpose to enhance operational efficiency […]
On the occasion of the 2024 May Day celebration, Globacom, a leading digital telecommunications solutions provider, pays tribute to the resilience of Nigerian workers, encouraging them to recommit themselves to excellence for the advancement of Nigeria. Issuing a statement from Lagos, Globacom calls upon workers to intensify their dedication to […]
At the 2024 South-West Women Chamber of Commerce and Industry, Emerging Market Summit and Expo held at Lagos State Co-operative Federation (LASCOFED), 9 Payment Service Bank (9PSB), Nigeria’s digital payment service bank, reaffirmed its commitment to supporting Nigerian women entrepreneurs and Small and Medium Scale Enterprises (SMEs) through its agent […]
As Nigeria commemorates Workers’ Day, it is important to reflect on the significance of this day and the resilience of the Nigerian workforce in the midst of challenging economic conditions. The current economic situation in Nigeria has undoubtedly placed a heavy burden on workers, with rising inflation, unemployment, and economic […]