China seeks APC support in Nigeria on “One China” policy

China seeks APC support in Nigeria on “One China” policy

Chinese Ambassador to Nigeria, Mr Zhou Pingjian, has appealed to the All Progressives Congress (APC) to support Nigeria’s “full execution’’ of One China Policy between both countries. A statement by Mr Edegbe Odemwingie, APC`s Assistant Director of Publicity on Wednesday...
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Sarah Alade Retires as Deputy Governor from CBN

Sarah Alade Retires as Deputy Governor from CBN

After serving for 23 years at the Central Bank of Nigeria (CBN), 10 of which as Deputy Governor Economic Policy and one time Acting governor of the apex bank, Dr Mrs Sarah Alade bade an emotional farewell to the bank on...
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Laptops Ban on Some U.K, U.S Inbound Flights

Laptops Ban on Some U.K, U.S Inbound Flights

The US and UK are banning laptops from cabin baggage on flights from certain countries in the Middle East and North Africa, as well as Turkey. The US ban on electronic devices larger than a smartphone is being imposed as...
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Rutger Reman is New MD for Ericsson in Nigeria

Rutger Reman is New MD for Ericsson in Nigeria

Ericsson has appointed Rutger Reman, president and managing director for Ericsson Nigeria, reporting to Jean-Claude Geha, president and CEO of Ericsson sub-Saharan Africa. Rutger Reman succeeds Johan Jemdahl. Geha said: “Rutger has demonstrated excellent lea...
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NCC Introduces National Numbering Plan for Mobile Networks

NCC Introduces National Numbering Plan for Mobile Networks

The Nigerian Communication Commission (NCC) has developed a National Numbering Plan (NNP) aimed at designing a uniform numbering scheme for easy calls to subscribers and operators. The NCC said on its website Friday that the NNP would provide a uniform...
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Nigerians Telecoms Consumers Spend $6.6bn in 2016 – NCC

Nigerians Telecoms Consumers Spend $6.6bn in 2016 – NCC

Prof. Umar Danbatta, the Executive Vice Chairman, Nigerian Communications Commission (NCC) says Nigerian telecom consumers spend a whopping 6.6 billion dollars in 2016. Danbatta disclosed this on Wednesday in Abuja during the  launched the NCC Year of Consume...
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MTN Gives Fresh Order to New CEO Over Listing in Nigeria

MTN Gives Fresh Order to New CEO Over Listing in Nigeria

That South Africa’s MTN Group has appointed Rob Shuter as Chief Executive is not distance from what may be described as strategy from its recorded earnings loss in year 2016 after announcing a R2.6bn ($198m) loss in the financial year....
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World Conference of Banking Institutes to Hold in Nigeria – official

World Conference of Banking Institutes to Hold in Nigeria – official

Prof. Segun Ajibola, President, the Chartered Institute of Bankers of Nigeria (CIBN), says the 22nd World Conference of Banking Institutes (WCBI) will strengthen financial literacy. Ajibola made the assertion at a news conference on the forthcoming of WCBI hol...
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CBN, NCC, Others Meet over Etisalat Crisis

CBN, NCC, Others Meet over Etisalat Crisis

Central Bank of Nigeria (CBN), Nigeria Communications Commission (NCC) and the three creditor banks will on Friday meet on what may now be the fate of the embattled mobile network operator-Etisalat Nigeria- over the lingering loan facility, totaling 1.72 billi...
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GTBank, Zenith, Access Officially Takeover Etisalat Nigeria

GTBank, Zenith, Access Officially Takeover Etisalat Nigeria

We have no option than to approve says NCC A consortium of some foreign and Nigerian banks on Wednesday took over Etisalat Nigeria after the telecommunications company failed to pay a loan totalling $1.72bn (about N541.8bn) it obtained in 2015....
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