Etisalat Nigeria will cease to exist by the end of this July.
The Abu Dhabi-owned telecommunications company has terminated its management agreement with its Nigerian arm, after the collapse of loan talks, said CEO of Etisalat International Hatem Dowidar on...
In an election year, the Central Bank of Nigeria is doing all it can to defend the nation’s currency and shore up its external reserves. It is becoming a herculean task. The naira is depreciating at the bureaux de...
ABUJA - Following the deepening crisis between Etisalat and a consortium of 13 Nigerian banks over a syndicated loan of about US$1.2 billion granted the telecom company by the banks, the Central Bank of Nigeria (CBN) on Friday, June...
By ANIEBO NWAMU
Even as farming is just starting in most parts of the north, my farms in the southeast have since received sufficient doses of the “medicine” necessary for bountiful harvests. At just N5, 000 per 50kg bag, fertiliser...
Executive vice-chairman of the Nigerian Communications Commission (NCC) Prof. Umar Danbatta says broadband access is critical for national development and should be treated as a key economic indicator.
Danbatta stated this during the ICT Watch Network Award Ceremony held on Friday in...
Minister of petroleum resources Mrs Diezani Alison-Madueke on Sunday announced a reduction in the pump price of petrol from N97 to N87 per litre. She said it was in a reaction to the fall in the price of crude...
An overwhelming majority of Nigerians have applauded the Nigerian Communications Commission (NCC) for imposing a $5.2 billion (N1.4trillion) penalty on mobile telecommunications giant, MTN, some saying it’s the best move made so far by the regulator.
The NCC had placed...
The Central Bank of Nigeria Monetary Policy Committee (MPC) on Tuesday retained its policy rate at 13%. The liquidity ratio was left at 30%.
The naira has, however, depreciated to N189.20 to the dollar and fears of inflation are real...
The Central Bank of Nigeria (CBN) has directed all of its branches to start issuing new N100 bills.
A statement signed by the head of corporate communications, CBN, Ibrahim Mu’azu, on Friday in Abuja said the new bill would circulate...
By ODILIM ENWEGBARA
I can’t stop wondering why we do this to ourselves and to
the future of our children. No one can tell me that even common sense is not
enough to guide us. If other countries are getting development right...