The nation’s foreign exchange reserves’ profiles recorded a new increase near $34 billion mark, after gaining about $350 million in one week, with $200 million…
View More Exchange reserves near $34b mark despite interventionsCategory: Business
NCC summons telco CEOs, mulls prosecution over sale of pre-registered SIM cards
The Nigerian Communications Commission (NCC) has summoned chief executive officers (CEOs) of major telecommunications companies in the country to its headquarters in Abuja. TheCable learnt…
View More NCC summons telco CEOs, mulls prosecution over sale of pre-registered SIM cardsExpert advises FG on BVNseizure of bank accounts over BVN
An economic expert, Charles Nwekeaku, has advised the Federal Government to follow due process in getting the forfeiture of monies in accounts without Bank Verification…
View More Expert advises FG on BVNseizure of bank accounts over BVNBVN-related asset forfeiture:Expect elongated legal battle –Nweze
A repeat of the credit and liquidity squeeze, which rocked the banking sector in the wake of the takeoff of Treasury Single Account (TSA), may…
View More BVN-related asset forfeiture:Expect elongated legal battle –NwezeNCC vows to end SIM swap fraud
The Nigeria Communications Commission (NCC) has promised to put an end to SIM swap fraud in light of fraudulent activities carried on customers’ bank accounts.…
View More NCC vows to end SIM swap fraud26 firms signify interest in Nigeria’s refineries
About 26 firms have indicated interest to participate in the revamping of Nigeria’s four refineries, which will require investment of about $2billion (N720billion) according to…
View More 26 firms signify interest in Nigeria’s refineries2018 budget proposal approved by FEC
The federal executive council (FEC) has approved the draft for the 2018 budget proposal. Minister of budget and national planning, Udo Udoma, said this on…
View More 2018 budget proposal approved by FECAfrican airlines to transport 400 million passengers in 2036
Airlines in Nigeria and other Africa countries has been estimated to increase by 274 million, bringing the total traffic per year to 400 million by…
View More African airlines to transport 400 million passengers in 2036FG, state, council share October FAAC
The Federal, States and Local Governments shared N558.082 billion in October, N80 billion less than the N637.704 billion revenue shared in September, Ahmed Idris, the…
View More FG, state, council share October FAACCustoms command impounds N15m goods
The Western Marine Command of the Nigeria Customs Service (NCS) on Tuesday seized goods estimated at N15 million from smugglers along the Gbao, Yekeme and…
View More Customs command impounds N15m goods