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Boeing to help Nigeria access aircraft insurance

16.01.2025
Aircraft manufacturer Boeing International Corporation has expressed readiness to assist Nigerian airlines in securing aircraft as well as to access adequate aircraft insurance coverage through partnerships with buoyant lessors and global financiers. This was made known at a meeting of the manufacturing company with Nigerian aviation stakeholders in Dublin, Ireland, on Monday. It will be...
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FG confident to achieve N36tn revenue target – Bagudu

16.01.2025
The Federal Government has expressed confidence in achieving its N36.35tn revenue target for 2025 as economic reforms continue to take shape under President Bola Tinubu’s administration. According to a press statement on Monday, the Minister of Budget and Economic Planning, Abubakar Bagudu, made this assertion during a hearing at the National Assembly Joint Committees on...
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Tariff hike: Telcos, ICT firms owe banks N1.69tn

15.01.2025
Information, communication, and technology firms, including telecommunications companies in Nigeria, owed Deposit Money Banks N1.69tn as of September 2024 amid telcos’ calls for a hike in the tariff payable by subscribers for data and voice calls. Figures obtained from the Central Bank of Nigeria’s quarterly statistical bulletin indicate that the indebtedness of the telcos and...
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NCC to name defaulting banks this week

15.01.2025
The Nigerian Communications Commission will this week publicly release the names of 18 banks that have failed to settle their outstanding debts for using Mobile Network Operators’ Unstructured Supplementary Service Data platforms. These banks collectively owe a total of N200bn, and the telecom regulator is preparing to take action, including suspending USSD services for the...
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FCCPC, NCC partner to strengthen consumer protection

15.01.2025
The Federal Competition and Consumer Protection Commission and the Nigerian Communications Commission have signed a Memorandum of Understanding to foster greater regulatory collaboration aimed at strengthening consumer protection and promoting fair competition within Nigeria’s telecommunications sector. The MoU was signed on Tuesday at the FCCPC headquarters in Abuja. The signing ceremony was attended by top...
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Equity market sustains bearish trend with N1.064tn loss

15.01.2025
The Nigerian Stock Exchange witnessed a bearish performance at the close of trading on Tuesday, with the market capitalisation declining by N1.06tn, marking a drop in value. The All-Share Index lost 1,745.16 points, or 1.66 per cent, closing at 103,622.09. Despite the losses, the market has shown a 0.68 per cent increase year-to-date. A total...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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