The Glo Festival of Joy promo continues to thrill subscribers across Nigeria, with another successful draw held in Abuja on Friday, January 17, 2025. The event, which took place at the Gloworld store on Aminu Kano Crescent, Wuse, is part of Globacom’s annual tradition of rewarding and exciting its customers […]
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The Nigerian government, in collaboration with the National Information Technology Development Agency (NITDA) and the Nigerian Financial Intelligence Unit (NFIU), has launched a groundbreaking initiative aimed at ensuring the country’s removal from the Financial Action Task Force (FATF) Grey List by May 2025. This move follows a directive from President […]
The United States Supreme Court has ruled unanimously (9-0) to enforce a ban on TikTok starting Sunday unless its Chinese parent company, ByteDance, sells the platform. The ruling comes amidst national security concerns raised by US officials over data privacy and potential access by the Chinese government. However, President Joe […]
MTN Nigeria has achieved a historic milestone by becoming the first Nigerian organisation, the first company in the telecommunications industry, and the first within the MTN Group to earn the Compliance Management System (CMS) certification from the International Accreditation Service (IAS). This globally recognised certification affirms MTN Nigeria’s commitment to […]
The Central Bank of Nigeria (CBN) has levied significant fines on nine Deposit Money Banks (DMBs) for failing to provide Naira notes through automated teller machines (ATMs) during the holiday season. In a statement, the apex bank underscored that this enforcement action aims to uphold its strict policy against cash […]
The National Assembly has established a new revenue collection target of ₦25 trillion for the Federal Inland Revenue Service (FIRS) in 2025. This decision follows revelations by FIRS Chairman Zacch Adedeji that the agency exceeded its ₦19.4 trillion target for 2024, as set in the Appropriation Act. During a presentation […]
Nigeria’s inflation rate climbed to 34.80% in December 2024, marking a slight increase of 0.20 percentage points from November’s 34.60%, according to the latest National Bureau of Statistics (NBS) report. The rise, attributed to heightened festive season demand, highlights ongoing economic challenges, including currency depreciation, high energy costs, and supply […]
The Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed a Memorandum of Understanding (MoU) aimed at bolstering consumer protection and ensuring fair competition within Nigeria’s telecommunications sector. The agreement was formalized on January 14, 2025, during a ceremony held in Abuja. Dr. Aminu […]
The Nigerian Communications Commission (NCC) has announced its approval for Mobile Network Operators (MNOs) to disconnect Unstructured Supplementary Service Data (USSD) codes assigned to financial institutions with outstanding debts. The disconnection will take effect if the institutions fail to settle their overdue invoices by Monday, January 27, 2025. The Commission […]
The Distance Learning Institute (DLI) at the University of Lagos recently marked the achievements of its students during the convocation ceremony for the 2023/2024 academic session, held at the university’s campus. A key highlight of the event was the recognition of Ms. Innocent Faith Edewede from the Department of Management […]