The Federal Government has approved the sum of 24.2bn for the provision of broadband internet connection in at least 20 airports, 43 schools and six marketplaces nationwide. The Minister of Communications and Digital Economy, Professor Isa Ali Pantami, announced this on Wednesday while briefing State House reporters after the federal […]
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According to the committee it formed to review the duty’s applicability to the telecom sector, which is regarded as already being overburdened with taxes and other levies, the Federal Government has announced the removal of excise duty for the telecom sub-sector of Nigeria’s digital economy industry. Minister of Communications and […]
The Central Bank of Nigeria, CBN has expended N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the starting point of the intercession. The CBN Governor, Godwin Emefiele, disclosed this in a statement issued by after the last Monetary Policy Committee meeting held in Abuja. According to […]
The adoption and release of the final Information Memorandum (IM) to direct the future auction of the remaining lots of the 3.5 gigahertz (GHz) Spectrum for the development of Fifth Generation (5G) services in Nigeria have been announced by the Nigerian Communications Commission (NCC). The Commission previously released a draft […]
The Federal Government has issued a service-wide circular dated 7th November 2022 with Ref No. SGF/OP/l/S.3/Xll/186, directing all Ministries, Departments and Agencies (MDAs) of government to comply with the provisions of the Nigeria Data Protection Regulation (NDPR). The Circular which was signed by the Secretary to the Government of the […]
The Nigerian Communications Commission (NCC) has completed arraignments to host an engagement session with stakeholders to discuss and provide more insight into the Draft Information Memorandum that will guide the process. The proposed auction of two lots in the 3.5GHz Spectrum for the deployment of 5G services, set to take […]
According to the Central Bank of Nigeria, all significant naira notes have been redesigned, and they will go into circulation by December 2022. The N100, N200, N500, and N1000 denominations are impacted. At a news conference on Wednesday, CBN Governor Godwin Emefiele made this announcement. According to him, a request […]
In the midst of Nigeria’s fiscal disaster, the Federal Government of Nigeria is reportedly compiling a list of assets that will be sold or ‘concessioned’ to fund the N10.7 trillion budget deficit in 2023. The government is considering selling or concessioning the Tafawa Balewa Square (TBS) in Lagos, as well […]
President Muhammadu Buhari has signed the Nigeria Startup Bill into law. Isa Pantami, Minister of Communication and Digital Economy announced this in a tweet on Wednesday, shortly after President Muhammadu Buhari signed. Pantami tweeted, “His Excellency, @MBuhari has just assented to Nigeria Start-up Bill. It has now become Nigeria Start-Up […]
At the current GITEX 2022, two tech start-ups from Nigeria have advanced to the Supernova Challenge Pitch Competition final. The two Nigerian start-ups who won the competition were among the nine that initially advanced to the semifinal stage, according to a report released on Monday. In addition, Professor Isa Ali […]