NAICOM, Katsina State Partner on Takaful Insurance

Godwin Emefiele Governor Central Bank of Nigeria  The Nigerian economy cannot enjoy...

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

Mr. Olusegun Agbaje, Group Managing Director/CEO of Guaranty Trust...

The Executive Secretary of the Nigerian Content Development and...

Executive Vice President, Upstream, NNPC Limited, Oritsemeyiwa Eyesan (2nd...

There are strong indications that the Nigerian National Petroleum Corporation (NNPC) may sought relieve from the nation’s strategic reserve estimated at N94.5 billion worth of PMS (petrol) to cushion the effect of the current fuel scarcity nationwide. The NNPC says the nation has enough stock of petrol in Port Harcourt, Warri and Calabar to service the country for 27 days at a national consumption rate of 40 million litres per day even as it has stepped up other efforts to end the distribution challenges in the fuel supply system.

The Nigerian Communications Commission (NCC) says it has issued a November 16, 2015 deadline to MTN Nigeria to pay the N1 trillion penalty it imposed on the mobile operator for failing to disconnect 5.2 million unregistered SIM cards on its network. Mr. Tony Ojobo, Director, Public Affairs of NCC told the AFP: “The deadline set for the payment of the fine is November 16.” “The key issue is if MTN breached the law or not. Certainly, there was a breach. And if there is a breach, we will apply the law.”

More than a year and a half into the...