Tinubu urges Senate to pass anti-doping bill

President Bola Tinubu has urged the Senate to review and approve a bill aimed at prohibiting athletes from using substances that enhanced their performances. Tinubu’s request was conveyed in a letter read on Thursday on the floor of the upper legislative chamber by the Deputy Senate President, Jibrin Barau. The President stated that the bill […]

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JUST IN: NCC suspends issuance of virtual operators licence, two others

The Nigerian Communication Commission has announced a temporary suspension of new licence issuance to operators in three categories. The categories are Mobile Virtual Network Operator Licence, Interconnect Exchange Licence and Value Added Service Aggregator Licence. A virtual operator is a company that does not own a mobile spectrum licence but sells mobile services under its […]

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Nigerdock moves to secure operations, signs security agreement

IN a bid to further secure its area of operations, Nigerdock has signed an agreement with G4S, a global integrated security company, to improve, manage, and oversee the security architecture across Snake Island Port, SIP, and Snake Island Integrated Free Zone (SIIFZ). The engagement of G4S follows a robust security review by Nigerdock to significantly enhance security within […]

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CBN kickstarts strategy to double remittances

The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by granting Approval-in-Principle (AIP) to 14 new International Money Transfer Operators (IMTOs). This was disclosed yesterday by the Apex Bank’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali, who stated that the initiative will help increase the sustained […]

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Senate approves Tinubu’s request of $500m loan for BPE

THE Senate has approved President Bola Tinubu ‘s loan request amounting $500 million in favour of the Bureau of Public Enterprises, BPE, for electricity metering program to improve financial and technical performance of electricity distribution companies, DisCos, under the World Bank funded Nigeria Distribution Sector Recovery Program, DISREP. The approval yesterday was sequel to the consideration […]

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