Telecoms to Suspend USSD as 18 Banks Owe N250bn
Some banks risk disconnection by telecom operators over their failure to comply with a directive of the Nigerian Communications Commission (NCC) to repay the N250 billion Unstructured Supplementary Service Data (USSD) debts.
It was learnt that the...
NERC Transfers Regulatory Oversight to Four States
The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight to four states.
The states are Enugu, Ekiti, Ondo, and Imo, which are now fully responsible for the regulation of their electricity markets.
NERC made this known...
FG can Achieve N36tn Revenue Target – Bagudu
The Federal Government has expressed confidence in achieving its N36.35tn revenue target for 2025 as economic reforms continue to take shape under President Bola Tinubu’s administration.
According to a press statement on Monday, the Minister of Budget and...
N’Assembly to Launch Investigation into N4trn Revenue Shortfall
The National Assembly Joint Committee on Finance on Monday set up a special panel to investigate the revenue shortfall totalling N4tn due to indiscriminate waivers granted to agencies of government.
The resolution of the Committee, co-chaired by Senator...
Documents Reveal Nigeria Air Project Irregularities – Keyamo
Festus Keyamo, the Minister of aviation and aerospace development has exposed documents of agreements on botched Nigeria Air signed by Hadi Sirika, the former minister of aviation.
In a viral video, Festus Keyamo exposed some pages of the...
CBN Introduces New Account Options for Non-resident Nigerians
The Central Bank of Nigeria (CBN) has launched two innovative account products designed to enhance financial access and investment opportunities for Non-Resident Nigerians (NRNs).
Unveiled on Friday, January 10, 2025, the Non-Resident Nigerian Ordinary Account (NRNOA) and Non-Resident...
