As Sector Added N10.126 Trillion To GDP In 2022 Prof. Umar Garba Danbatta, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), has formally declared that as of 2021, the investment profile in the country’s telecommunications sector, which includes both foreign direct investment (FDI) and local investment, has […]
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In a devastating turn of events, OceanGate Inc., the submersible operator, has confirmed the loss of all five individuals who were aboard a submersible that went missing near the wreckage of the Titanic. The company issued a solemn statement on Thursday, expressing their belief that CEO Stockton Rush, Shahzada Dawood, […]
President Bola Tinubu of Nigeria has officially signed the Nigeria Data Protection Bill into law. The legislation, known as the Nigeria Data Protection Act of 2023, establishes a legal framework to protect personal information and regulate data protection practices within the country. The bill was presented to the Senate and […]
In an exciting achievement, Hilda Effiong Bassey, widely known as Hilda Baci, has officially been recognized by Guinness World Records as the new record holder for the longest cooking marathon (individual). The announcement was made on Tuesday via the official Guinness World Records website, stating that Hilda Baci successfully completed […]
In a significant development, President Bola Tinubu has signed the Students Loan Bill into law, signaling a breakthrough for financially disadvantaged students in Nigeria. The President’s assent to the bill marks the fulfilment of his commitment to revolutionize education funding in the country. Speaking to State House correspondents at the […]
Dazzles Stakeholders With Growth Across Key MetricsRising from a lower profit margin of N10.2billion and a debilitating Non-Performing Loan portfolio of 45 per cent in 2015, to an impressive profit of N147billion and a significantly lowered NPL rate of 5.6 per cent in 2022, FirstBank has proven that its back-to-back profit-making […]
Telecommunications company, Globacom, has stated that its Fourth Generation Long Term Evolution Advanced network (Glo 4G-LTE Advanced) will boost productivity among professionals, businessmen and students. Globacom assured in a press statement that the simultaneous rollout of the service in major cities in the country is to speed up economic […]
In a recent development, President Bola Ahmed Tinubu has announced significant changes in the leadership of the Central Bank of Nigeria. The President, aiming to accelerate ongoing reforms in the financial sector. President Tinubu made this decision after careful consideration of the need for swift action to address the challenges […]
The Federal Executive Council approved the National Blockchain Policy for Nigeria during its meeting today, the 3rd of May, 2023. This followed the presentation of a memo by the Honourable Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim (Pantami). The process of developing the Policy involved robust stakeholder […]
The attention of the Nigerian Communications Commission, NCC, has been drawn to an online publication with a headline titled: “NCC Incurs a Deficit of N17bn, Spending N35.2bn on Personnel, Consultancy Fees”. The Commission is concerned with the inability of the online publication to accurately interpret the contents of its 2021 […]