Forex: MTN, Glo, others seek NCC nod for tariff hike

Forex: MTN, Glo, others seek NCC nod for tariff hike

Telecommunications operators in the country including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission to raise their tariff. The development came after foreign exchange losses and rising energy costs forced some of the operators to post losses last year. The telcos’ proposal to raise their tariff came barely 24 hours after MultiChoice, a South African pay television company raised its tariff. Several companies […]

April 26, 2024 21

NEWS

Even airport puff-puff sellers claim to be aviation experts in Nigeria – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo, has said that when it comes to aviation matters, everyone, including puff-puff sellers at the airport, has a say. Keyamo disclosed this when he appeared on Channels Television’s Politics Today to speak on Nigerian Civil Aviation Authorities’ action over the health status of Dana Airline on Thursday. The PUNCH had earlier reported that the NCAA suspended the Air Operator Certificate of Dana […]

April 26, 2024 16

NEWS

Dangote refinery ranked above 10 biggest European refineries

A financial data and media company, Bloomberg, has ranked the Dangote Refinery above the top 10 biggest refineries in Europe. According to data compiled by the business news platform, the refinery has more capacity than many European ones. The $20bn-worth refinery located in Lekki-Epe Expressway, Lagos State, can refine 650,000 barrels of petroleum products per day. The report sighted by our correspondent on Thursday stated that this is over 246,00bpd […]

April 26, 2024 20

NEWS

Demolition of buildings for Lagos-Calabar coastal road begins Saturday

The Federal Government has announced that the demolition of buildings situated within the right of way of the Lagos-Calabar Coastal Road will commence this coming Saturday. According to Channels Television’ on Thursday, the Federal Controller of Works in Lagos State, Korede Keisha, disclosed this during a press briefing held in Lagos on Thursday. Keisha urged all residents whose houses have been earmarked for demolition to visit the ministry’s secretariat in […]

April 26, 2024 30

NEWS

Ex-lawmaker Sidi Ali dies at 86

A Second Republic lawmaker and veteran Journalist, Sidi Ali, died on Thursday evening at the age of 86 in Kano State. Ali’s death was disclosed to our correspondent by a family member on Friday. The elder statesman, who is also the father of the Central Bank of Nigeria’s acting Director, Corporate Communication Department, Hakama Sidi Ali was devoted to the service of the nation, particularly in the realm of public […]

April 26, 2024 19

NEWS

NELFund disassociates from fake student loan site

The Nigerian Education Loan Fund has warned against what it described as a “fraudulent advertisement” about a ‘Federal Study Loan.’ This followed adverts on some news sites where the website, www.fedstudyloan-gov.ng is being advertised as the application portal for the highly anticipated student loan scheme of the Federal Government. “NELFUND wishes to clarify that it has no association with this website and strongly condemns any attempt to deceive students seeking […]

April 26, 2024 36

ENTERTAINMNET

BREAKING: Popular Yoruba actor, Baba Ijesha appeals conviction

A Nollywood actor, Olanrewaju James, alias Baba Ijesha, has asked the Court of Appeal, Lagos Division, to set aside his conviction by a Lagos State High Court over the sexual assault of a minor. Justice Oluwatoyin Taiwo (retd.) of the Ikeja Domestic Violence and Sexual Offences Court, on July 14, 2022, sentenced Baba Ijesha to five years imprisonment over the sexual assault of a minor. But dissatisfied with the judgment, […]

April 26, 2024 19

ENTERTAINMNET

Ex-filmhouse co-founder to float new entertainment firm

Moses Babatope, the co-founder of Filmhouse Group and former Managing Director of FilmOne, is on the verge of launching his own media and entertainment company, signaling a significant move in the Nigerian film industry. Babatope’s new venture, which is expected to focus on film production, distribution, and cinema, has generated considerable anticipation among industry observers keen to see his next move following his departure from FilmHouse Group. While the public […]

April 26, 2024 24

NEWS

EXCLUSIVE: Chinese Operator Risks Sanctions As Federal Government Shuts Abuja Supermarket For Barring Nigerians

By Toffa Momoh, Abuja The Federal Competition and Consumer Protection Commission, FCCPC, has put an Abuja-based Chinese supermarket under lock and key for barring Nigerians and restricting entry to Chinese nationals. The commission, which on Monday summoned the owner of the supermarket along Airport Road, to appear before it on Wednesday, said it would deploy “regulatory tools” against the management. The commission gave the directive on Monday following discreet investigations […]

April 23, 2024 36

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