COMMUNICATION · ECONOMY · TECHNOLOGY

New Policy of “Three Phone lines Only” Coming-Isah Pantami_Ehiabhi Femi

The section said the minister had the power to notify the NCC, and, or, express his views on the general policy direction of the Federal Government in respect of the communications sector.

BANKING · ECONOMY

Non Performing Loans: Banks recover N39.4Bn From ICT Sector_Ehiabhi Femi

The Central Bank of Nigeria, in its Revised Draft Guidelines for the banking sector, directed all banks to review their credit portfolio at least once in a quarter in order to recognise deterioration in credit quality.

ECONOMY

FG TO STOP FISH IMPORTATION 2020_Ada Nkong

The Minister of Agriculture and Rural Development, Sabo Nanono, says following Federal Government’s effort to encourage local production, Nigeria may stop fish importation in 2020. The minister made this known while receiving a delegation from the National Fish Association of Nigeria (NFAN) led by its National President, Dr Gabriel Ogunsanya in Abuja. Nanono said time… Continue reading FG TO STOP FISH IMPORTATION 2020_Ada Nkong

ECONOMY

IT Services Expert Guarantees Customized Services_ Jeff Omokhodion

Everyone has a phone and a personal computer these days. Be it for personal use or for work, the advancement of technology has brought us to this age where our gadgets have become as important to our existences as our limbs.Picking the perfect gadget to suit your exact need is a science, and maintaining the… Continue reading IT Services Expert Guarantees Customized Services_ Jeff Omokhodion

ECONOMY

Confidence in Economy Drops- CBN_Femi Ehiabhi

Business confidence in the economy dropped to 28.3 index points in January 2020. This represents a decline of 2.0 index points when compared to 30.3 index points in December 2019. The Central Bank of Nigeria (CBN) disclosed this over the weekend in its Business Expectation Survey (BES) Report.The Business Confidence Index is a leaing indicator… Continue reading Confidence in Economy Drops- CBN_Femi Ehiabhi

Transportation

Okada Ban may lead to Security Issues- Amaechi_Francisca Ogar

The Minister of Transportation, Rotimi Amaechi on Monday said the Lagos state government might face unemployment and an increase in crime following its ban of ‘Okada’ and tricycles in some parts of the State.⁣⁣Amaechi who spoke on ChannelsTV’s Sunrise daily said, “I am sure he must have addressed it in his mind before he took… Continue reading Okada Ban may lead to Security Issues- Amaechi_Francisca Ogar

ECONOMY

Looted Assets: FG, US to Sign Pact_Ada Nkong

The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, SAN departed Nigeria on Sunday to attend a three-day meeting of the United States-Nigeria Bi-national Commission in Washington DC.This was contained in a statement signed by Dr Umar Gwandu, the Special Assistant on Media and Public Relations in the Office of the Minister… Continue reading Looted Assets: FG, US to Sign Pact_Ada Nkong

ECONOMY · FINANCE

ATM Withdrawals Threatened As Customers Now Prefer Counter Withdrawals_Ehiabhi Eugene

Banks are now attending to long queues in the banking hall as more customers prefer withdrawing cash from the counter to the Automated Teller Machines, investigation has revealed. Some customers who spoke with our corresspondents said they preferred to enter the banking hall for withdrawals because the banks had reconfigured their ATMs to dispense smaller… Continue reading ATM Withdrawals Threatened As Customers Now Prefer Counter Withdrawals_Ehiabhi Eugene

Transportation

Saraki Laments High Cost at Nigerian Ports_Ada Nkong

The Minister of State for Transportation, Gbemisola Saraki, has described Nigerian ports as the most expensive in the West African sub-region. In a statement signed by Mr Eric Ojiekwe, Head, Press and Public Relations of the ministry, the minister says that the high cost of port operations in the country is occasioned by duplicity of… Continue reading Saraki Laments High Cost at Nigerian Ports_Ada Nkong