The Nigerian Electricity Regulatory Commission (NERC) has unveiled new guidelines for power tariff hikes, providing a framework for electricity distribution companies (DisCos) to follow. The latest order, signed by NERC Chairman, Sanusi Garba, stated that pursuant to the provisions of the Electricity Act 2023, the commission is obligated to review […]
Federal Government of Nigeria
Nigeria’s Federal Executive Council (FEC) has approved two significant initiatives aimed at enhancing the country’s digital infrastructure. The first initiative, the Nigeria Universal Communication Access Project, seeks to provide connectivity to over 21 million people in underserved communities across 4,834 rural areas. The Minister of Communications, Innovation & Digital Economy, […]
Nigerian Afrobeats artists are making a significant impact on the global music scene, and the nominations and big win at the 67th Grammy Awards nominations are a testament to that. The ceremony which took place on February 2, 2025, at the Arena in Los Angeles was a night to remember […]
The Central Bank of Nigeria (CBN) has imposed fines totaling N1.35 billion on nine commercial banks, including First Bank, Union Bank, and seven others, for failing to ensure cash availability via Automated Teller Machines (ATMs) during the festive season. Each of the affected banks which includes: Fidelity Bank Plc, First […]
The Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed a Memorandum of Understanding (MOU) to protect telecommunications consumers from exploitation. This partnership aims to promote a transparent, competitive, and consumer-centric telecommunications industry. The MOU signing ceremony took place in Abuja, with the Executive […]
PROTOCOLS: The Vice President, Senator Kashim Shettima Senate President, Distinguished Senator Godswill Akpabio Right Honourable Speaker, Tajudeen Abbas National Chairman of our great party, Excellency, Abdullahi Umar Ganduje State Governors here present Distinguished Leaders and Members of the National Assembly Senior Government Officials here present Gentlemen of the press, […]
Huawei, a global technological infrastructure and smart devices provider, has officially launched its local cloud service in Nigeria and is set to offer enhanced data sovereignty, reduced latency, and bolstered support for local businesses, aligning with Nigeria’s regulatory environment and digital transformation goals. This was unveiled at a launch event, […]
Raknida, a Nigerian art-tech platform, has made a significant move by expanding into the US market, thanks to a substantial $100,000 grant from Arch Grants, a non-profit organization responsible for supporting startups, based in St. Louis, USA. During the startup competition which involved 574 applicants, Raknida stood out as the […]
The Federal Government of Nigeria has collected N78.95 billion from the N50 levy imposed on electronic bank transfers within the first five months of 2024, according to a recent report by the National Bureau of Statistics (NBS). The data, detailed in the Federal Allocation Accounts Committee report, highlights substantial revenue […]
In a significant move to rejuvenate the Chibok community in Borno, the Federal Government has announced plans to provide farming equipment and skill acquisition accessories valued at N210 million. Mrs Grace Njoku, Head of Press and Public Relations at the Ministry of Women Affairs, revealed this development in a […]
