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Cybercrimes: FG Moves to Curb N78bn Annual Losses

Worried about the growing rate of cybercrimes in the country, which has resulted in about N78billion annual losses, the federal government has begun fresh moves that would help curb the menace of cyberspace activities that are beginning to unsettle banks, owing to the high...

Nigeria Very Safe for Investors – Adebayo Shittu

The Minister of Communications, Adebayo Shittu, has described the Nigerian economy as one ready for investments, stressing that the atmosphere is conducive. Shittu, who linked the fact that several investors have been in the country and many more on their way to the safe business...

FG wants NIPOST to offer banking services

The Minister of Communications, Adebayo Shittu, says the ministry has submitted a proposal to President Muhammadu Buhari for the establishment of the NIPOST Bank to serve the interest of people in the rural areas. He said over 1,500 postal agencies across the country would serve...

ICT Has Potential To Increase GDP- Shittu

Minister of Communication, Adebayo Shittu says the Information and Communications Technology(ICT) Sector has the potential to increase the country's Gross Domestic Products (GDP). Shittu stated this in Lagos at the Second Edition of the 2016 Information Communication Technology and Telecommunication Exhibition and Conference (ICTEL) with...

Nigeria Loses N127bn Yearly to Cybercrime – FG

Nigeria loses about N127bn to cybercrime annually, the Minister of Communications, Mr. Adebayo Shittu, has said. Shittu, who said this at the opening of the 2016 National Conference of the Nigerian Computer Society in Abuja, also disclosed that over $32bn had been invested in the...

MTN Fine: Reps Summon AGF, Shittu, NCC boss

...N330bn reduced fine has FG’s blessing, says PS Fuming members of the House of Representatives Committee on Telecommunications on Monday summoned the Minister of Justice and Attorney-General of the Federation, Mr. Abubakar Malami; and his Communications counterpart, Mr. Adebayo Shittu, over the negotiated settlement of...