Fed Govt Orders Telcos To Block SIMs Without NINs December 30         After December 30, all Subscriber Identification Modules that are not registered with valid National Identification Numbers on the network of telecommunications companies shall be blocked, the Federal Government has said. It was gathered in Abuja...

Operators Give Investment Conditions As Pension Funds Hit N11.57trn         The Pension Funds Operators Association of Nigeria has said Pension Fund Custodians and Pension Fund Administrators will obey the guidelines given to them by the National Pension Commission before releasing the growing funds in their custody...

Air Cargo Traffic Records Slow Growth, Rebound         The International Air Transport Association (IATA) has released October data for global air freight markets showing that air cargo demand continues to improve but at a slower pace than the previous month and remains below previous year levels. Global...

Online Food Market Projected To Hit $142m By Year End         Nigeria is ahead of African countries like Kenya, Uganda, Senegal, Ghana and others in online orders for food and grocery, according to Jumia Food Index 2020 report released at the weekend. The report stated that the...

CBN To Banks: Cut Service Cost         The Central Bank of Nigeria (CBN) has advises banks and other financial institutions to reduce the cost of providing banking services to their customers, especially the underbanked and unbanked within the society. CBN Director, Payment System Management Department, Musa Jimoh...

IATA Predicts $118.5bn Loss For Airlines In 2020/2021         The International Air Transport Association has predicted heavier losses for the aviation industry in 2020 and 2021. According to a report titled ‘Deep losses continue into 2021’, IATA predicted a net loss of $118.5bn for 2020 (higher than...