Heavy usage overwhelming telecom networks in Lagos, Abuja — NCC
The Nigerian Communications Commission has blamed the poor telecom service quality in Lagos, Abuja, and other major cities on insufficient network capacity…
Business
Nigeria’s raw material imports surge to ₦3.53trn in six months
Nigeria’s manufacturing sector is increasingly dependent on imported raw materials for survival, a trend that runs contrary to national plans and expectations…
High bank charges, taxes top Nigerian business constraints — CBN
Businesses and households have clearly identified high interest rates, multiple taxes, and poor infrastructure as the top three constraints impacting operations in…
FG extends probe of NNPC remittances to December 2024
The Federal Government has extended the ongoing probe and reconciliation of payments by revenue-generating agencies, including the Nigerian National Petroleum Company Limited,…
Enugu approves 50% cut in land document fees
Governor Peter Mbah of Enugu State has approved a 50 per cent reduction in the processing fees for Certificates of Occupancy and…
NCC, CBN partner to tackle failed airtime, data transactions
The Nigerian Communications Commission and the Central Bank of Nigeria are collaborating to develop a new framework aimed at resolving the recurring…
Manufacturers demand law to enforce ‘Nigeria First’ policy across MDAs
The President of the Manufacturers Association of Nigeria, Francis Meshioye, and the President of Dangote Group, Aliko Dangote, have both stressed the…
Tight policies, FX adjustments behind Nigeria’s inflation drop – IMF
The International Monetary Fund attributes the recent fall in Nigeria’s inflation to stricter policy measures and exchange rate adjustments. IMF Director for…
US chamber sues Trump’s govt over $100,000 H-1B visa fee
The United States Chamber of Commerce has filed a lawsuit challenging the Trump administration’s new $100,000 fee on H-1B visa petitions, arguing…
SEC, SMEDAN partner to boost SME access to capital market
The Securities and Exchange Commission and the Small and Medium Enterprises Development Agency of Nigeria have entered into a strategic Memorandum of…
FG assures Ore–Ondo–Akure road meets global engineering standards
The Federal Government on Thursday dismissed public concerns about the type of reinforcement materials used in the ongoing reconstruction of the Ore–Ondo–Akure…
Seplat eyes higher production with Mobil assets integration
Seplat Energy Plc has announced plans to boost oil and gas production following the acquisition and integration of Mobil Producing Nigeria Unlimited’s…