The Nigerian Broadcasting Commission (NBC) and the Broadcasting Organisation of Nigeria (BON) have rejected the planned sale of the 600MHz spectrum by the Nigerian Communications Commission (NCC). The NCC had in March announced the availability of frequency slots in...
The Defence Headquarters (DHQ) says troops of operation Delta Safe have destroyed 41 illegal refining sites in the last two weeks and recovered over 1.06 million litres of crude oil, Musa Danmadami, Director of the Defence Media Operations said. He said...
Passengers are currently stranded at the Murtala Muhammed Airport, Lagos, over the industrial action embarked upon by members of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC). In a travel advisory made available to travelers, a...
About 350 Nigerians escaping Sudan have boarded the Nigerian Air Force C130 and Air Peace flights in Egypt. The passengers are to fly from Aswan International Airport in Egypt to Nnamdi Azikiwe International Airport, Abuja. While 80 passengers are...
Meet Mahamadou Bonkoungou, Burkina Faso’s richest man, as well as the founder and owner of EBOMAF, one of the largest construction companies in West Africa. The company is behind some of the most lucrative construction deals in West Africa...
Indofood, makers of Indomie instant noodles, has reacted to a recall of its products in Taiwan and Malaysia over an increased cancer risk.Health officials in Malaysia and Taiwan said they had detected ethylene oxide, a compound, in Indomie’s “special chicken”...
Recall that the implementation of the Naira redesign and withdrawal of old banknotes by CBN sucked in about N1.81 trillion from the Currency Outside Banks, CoB, while crashing Currency-in-Circulation to N1.4 trillion in January 2023. The CBN Money and...
The National Economic Council, (NEC) has suspended the planned removal of subsidy on petroleum products which was initially scheduled for June after the end of President Muhammadu Buhari’s administration.Briefing State House Correspondents at the end of Thursday’s meeting, which...
The Pan Ijaw socio-cultural group, Ijaw National Congress (INC), on Wednesday urged Governors of Niger Delta states to emulate Gov. Douye Diri of Bayelsa strides to curb herders/farmers’ clashes. Gov. Diri on April 20 apprehended two herdsmen openly grazing...
The weak sentiment in the equities (stock) market and the accompanying sell-off persisted last week with investors losing N601.29 billion. Particularly, the market capitalization (market value) of all listed equities (shares) fell to N28.268 trillion from N28.869 trillion, representing...
