The apex bank encourages members of the public to report hoarding through a specially created online channel as it moves to arrest naira scarcity The Central Bank of Nigeria (CBN) has warned commercial banks and Point-Of-Sale (PoS) operators against collusion in creating artifical scarcity of the naira. This comes on same day the House of Representatives called on the CBN to disrupt the activities of POS operators who charge exorbitant fees to provide naira notes...
The House of Representatives committee on information has urged for increased funding for the ministry of information by aggregating all media budgets under its purview The House of Representatives committee on information has called on the President, Bola Ahmed Tinubu, to ensure that there’s an increase in the funds allocated to the ministry of information in the 2024 budget. Expressing concern about the N2.59 billion budgetary allocation of the ministry, the committee asked for an...
Unexplained wealth should be confiscated to help curb illicit financial flow and other corrupt practices, argues the EFCCÂ The Economic and Financial Crimes Commission (EFCC) has called for the adoption of the Unexplained Wealth Order (UWO), which mandates people to reveal the sources of their unexplained wealth. According to the EFCC chairman, Mr. Ola Olukoyede, establishing legislation against unexplained wealth will check fraud, corruption and other criminal activities in the country. He urged this while...
The robust participation of the Nigerian delegation to the world radio conference has excited the NCC boss who also praised the minister for showing leadership Nigeria’s performance at the just concluded International Telecommunications Union (ITU)’s World Radio Communications (WRC) Conference 2023, has been described as exciting and impressive. Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, said the election of two Nigerians into leadership positions and other delegates from the commission...
Sen. Akpabio had hosted high-profile guests at a colloquium to mark his 61st birthday anniversary and said he got tired. He advised journalists to drink water frequently The President of the Senate, Godwsill Akpabio has opened up on his health status saying he is stable, as against the reports of his collapse on Thursday, December 14, 2023 in the course of the colloquium that complemented activities marking his 61st birthday. He disclosed this on Friday,...
The leadership of the NCC under Dr. Maida has stressed the importance of transparency in the discharge of its responsibilities The Nigerian Communications Commission (NCC) has said it would prioritize improving the transparency of its operations for the benefit of all stakeholders. Executive Vice Chairman of the Commission, Dr. Aminu Maida, stated this during a courtesy visit to the Hon. Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani in Abuja recently. Briefing the...
The non-profit said the results of the global assessment testify to NEITI’s diligent commitment to discharging its mandate and called on the federal government to constitute the agency’s board without delay OrderPaper Advocacy Initiative (OAI), a non-governmental orgnisation focused on policy related engagement and intervention, has applauded the Nigeria Extractive Industries Transparency Initiative (NEITI) for scaling through an Extractive Industries Transparency Initiative (EITI) assessment with an impressive score. The OAI is an non-profit that seeks...
The NCC says all investors, whether local or foreign, will continue to receive support to help develop the digital economy of the country The Nigerian Communications Commission (NCC) has pledged to support initiatives that promote the growth and development of the digital economy. Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the NCC, Dr. Aminu Maida, said this when he received a delegation of Meta, led by the company’s Vice President for Africa, the...
The NCoS says it plans to rehabilitate dilapidated facilities for inmates and staff of the service if it gets sufficient budgetary allocation in 2024 The Nigeria Correction Services (NCos) says it plans to rehabilitate dilapidated correctional centres staff quarters and build new ones to reduce the prevalence of overcrowded prisons across the country. The NCos Comptroller General, Haliru Nababa, pleaded for an increased allocation in the 2024 budget to ensure that the service can achieve...
The telecoms regulator says healthy competition is vital for the growth of the industry but noted that it will continue to engage all players The Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has advocated for healthy competition to promote the growth of the telecommunication sector in Nigeria. Maida said this during the week when he received the management of Airtel Networks Limited in Abuja. According to a statement by Reuben Muoka, director of...
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