Business

NCC Set to Tackle Fake Lottery, Gaming Activities

The Nigerian Communications Commission, NCC, Wednesday in Abuja, signed a revised Memorandum of Understanding with the National Lottery Regulatory Commission, NLRC, with provisions to deter unapproved lottery and gaming practices on telecommunications platforms through information and intelligence sharing. Executive Vice...

‘FG Must Borrow Innovatively to Tame Inflation’

The Managing Director/Chief Economist at Analysts Data Service and Resources Limited, Dr Afolabi Olowookere, has said that the Federal Government needs to revive and concentrate on production, review its trade- industrial policy and borrow innovatively for Nigeria to...

Nigeria to Grapple With Challenges of National Carrier, Forex, MRO, Others in 2023

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With the event that shaped 2022, particularly as it concerns pending projects not yet executed, there are indications that the National Carrier, maintenance, repair and operations (MRO), forex, infrastructure, aviation fuel and other factors would determine growth in the...

Access Corporation Launches Roadmap to Continental Dominance

Nigeria’s largest financial services institution by assets base, Access Corporation, on Wednesday, January 18, 2023, launched its fifth 5-year corporate strategic plan covering 2023-2027. The Group Chief Executive Officer (CEO), Mr Herbert Wigwe, with a team of top executives, engaged...

Buhari Approves MOFI Board Members, Management Team

January 20, (THEWILL) - President Muhammadu Buhari has approved the appointment of the inaugural members of the board and executive management team of the new Ministry of Finance Incorporated (MOFI). The Ministry of Finance Incorporated was instituted, pursuant to sections...

Access Corporation Unveils New 5-Year Strategic Plan, To Deepen Financial Inclusion In Africa

January 19, (THEWILL) - Access Corporation has unveiled a new five-year strategic plan, 2023-2027, aimed at deepening financial inclusion that would impact the value chain in Africa. The Nigerian largest financial services institution by assets, has also said it targets...

Nigeria’s Inflation Rate Drops To 21.34% In December 2022

January 16, (THEWILL) - Nigeria’s inflation rate recorded a drop to 21.34 percent in December 2022, the National Bureau of Statistics (NBS) said in its report on Monday. The country’s inflation rate had risen for 10 consecutive months, up to...

Sustainable Consumption: Are Nigerians Waste Conscious?

The Yuletide has witnessed a significant consumption rate across the country in the consumer goods sector. On a larger scale, sachet usage has dominated the retail industry in many parts of Africa but more significantly in Nigeria, where the...

Anti-Monopoly Group Warns Against Cartel in Uganda’s Telecom Market

The Alliance Against Monopoly (AAM), a Pan-African anti-monopoly group has called upon regulators and lawmakers to nip in the bud, the “ugly monster of monopolies and duopolies that are slowly but surely choking the country’s ICT sector, stifling innovation...

Airtel Nigeria Obtains 5G Licence; Will Soon Commence Test-Run

Airtel Nigeria has received a greenlight from telecommunications sector umpire, the Nigerian Communications Commission(NCC) to fortify its 4G offerings as well as deliver 5G services to its teeming subscribers in the country. This is because the...