The deadline for the registration of National Identification Number (NIN) by telecommunication service subscribers has been extended by three weeks by the Federal Government. The ministry of communications and digital economy made this known in a statement on Monday. The Nigerian Communications Commission (NCC) had given telecommunications companies a... Read more
ADR, Solution to Protracted Copyright Litigation – WIPO, NCC
economy December 21, 2020
John Asein, DG, NCC Nigerian Copyright Commission (NCC) has urged stakeholders in the entertainment industry to leverage the Alternative Dispute Resolution (ADR) mechanism for speedy resolution of disputes in view of the time consuming, cost intensive and highly technical nature of copyright and intellectual property (IP) litigations. The... Read more
The Nigerian Communications Commission (NCC) has said that stiff sanctions await telecommunications operators in the country which fail to block in two weeks, from today , SIM cards that are not registered with the National Identity Numbers (NIN). It warned that the penalty for any telecom operators... Read more
Director, INL, US Embassy, Mr. James Jewett II (L) and DG NCC, Mr. John O. Asein, exchange the signed handover document during the presentation of working tools to the NCC at the Commission’s Headquarters Abuja. Nigeria’s antipiracy campaign has been boosted by the United States... Read more
FG Says Nigeria Will Quit Economic Recession before April 2021
economy November 23, 2020
The Federal Government has said that Nigeria will exit by the first quarter of 2021, its latest economic recession, which is the second in the 5 years of President Muhammadu Buhari’s regime . The Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, who stated this yesterday said... Read more
Exchange Rate:Why Naira Crashed to N470 to $1 at Parallel Market
economy November 16, 2020
Fuel Price Speculated to Rise to N200 per Litre ThisYear Due to the decline in Nigeria’s foreign reserves, and the Organisation of Petroleum Exporting Countries(OPEC) forecast, that the request for crude oil by the consuming nations will fall in 2001 among other factors , the naira has continued its... Read more
FG Insists on Support for Okonjo-Iweala till Emergence as WTO DG
economy October 29, 2020
Dr Ngozi Okonjo-Iweala Sequel to the United States lack of support for Nigeria ‘s former Finance and Economy Minister , Dr Ngozi Okonjo- Iweala, for the plum job of the World Trade Organisation (WTO) Director General, The Federal Government has promised to engage relevant stakeholders to ensure that... Read more
US Witholds Backing for Okonjo-Iweala as Next WTO DG
economy October 29, 2020
The US has refused to give its consent to Ngozi- Okonjo Iweala, Nigeria’s former Finance and Economy Minister and a front-runner candidate in the race to head the World Trade Organization, defying the body’s other 160 member nations and leaving the outcome of the race uncertain. Ngozi Okonjo-Iweala, has... Read more
#ENDSARS: Lagos Requires N1trn to Rebuild Vandalised Facilities
economy October 26, 2020
About N1trillion would be needed by the Lagos State Government to put back the assets that were destroyed by vandals in the State during the #ENDSARS protest. House of Representatives Speaker Femi Gbajabiamila, revealed the estimated cost during his visit to Governor Sanwo-olu along with members of the House... Read more
FG to Complete 18 Roads , Bridges Leading to Ports, Agric Hubs in 2021- Fashola
economy October 23, 2020
… As Ministry of Works Contends with 711 Uncompleted projects, up from 601 Minister of Works& Housing, Babatunde Fashola The Minister of Works and Housing, Mr. Babatunde Fashola has begun the defense of the budget proposals for his Ministry, in the 2021 Budget, emphasizing that the focus... Read more