Business National News

‘Nigeria Losses $18b to Phony companies’, CISLAC says, Calls for Naming, Shaming Beneficial Ownership

The Executive Director of Civil Society Legislative Advocacy Centre (CISLAC), Auwal Ibrahim Musa, has said Nigeria lost over $18billion to phony companies and contractors over the years. Musa who spoke at a press briefing on anti-corruption potential of the beneficial ownership register in Ikeja on Wednesday said those business owners and contractors operating under a […]

Business National News

We will mobilise Nigerians against increment in tarrif, consumers group warns

The All Electricity Consumers Protection Forum (AECPF) has promised it will mobilise Nigerians, especially consumers to resist the planned increment in tarrif by electricity Distribution Companies (DisCos). The group made this known in a letter to the Nigerian Electricity Regulatory Commission (NERC) which was obtained by journalists on Thursday in Lagos. The letter, dated Aug. […]

Business National News Technology

Lagos Set to Build Biggest Tech Hub in Yaba

•State in Talks with Facebook, Google to Deliver K.I.T.E Project •Sanwo-Olu Tours Lagos Start-Up Ecosystems In a bid to ramp up its intervention in provision of technology infrastructure and expand the tech space to accommodate more startups, Lagos State Government is set to embark on the construction of the biggest technology cluster in West Africa. […]

Business National News

Lagos Will Partner Dangote Foundation, Others For Employment Generation – Sanwo-Olu

Lagos State Governor, Mr. Babajide Sanwo-Olu on Wednesday announced the State Government’s willingness to partner with Aliko Dangote Foundation and Germany-based company, VDMA for employment generation for Lagos youths. The Governor also reiterated his administration’s commitment to partner with the private sector in order to empower and strengthen the teeming youths of the State. He […]

Business National News

Subscribers not required to Submit International Mobile Equipment Identity (IMEI) Number – NCC

The Nigerian Communications Commission (NCC) has debunked reports going round that it has made compulsory for Nigerians to submit their International Mobile Equipment Identity (IMEI) of theirs phones starting from July, 3021. In a statement issued on Friday by its Director, Public Affairs Unit Dr. Ikechukwu Adinde said the commission had at no time issued […]

Business National News

ATCIS harps on pay-per-view subscription as Free TV DSO launched in Lagos Thursday

The Association of Telephone, Cable TV and Internet Subscribers (ATCIS) has insisted that the National Assembly should mandate Cable TV operators in Nigeria to implement Pay-Per-View tariff for the Nigerian subscribers. The National President of the association, Hon. Prince Sina Bilesanmi aka OJUEKO, said Nigerians could not continue with the act of extortion by the […]