Fed Govt To Pocket N227bn As MTN, Mafab Win 5G Licence   Nigerian Communications Commission (NCC) has declared MTN Nigeria and Mafab Communications winners of the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network licenses for a total fee of $546m...

NERC Renews NBET’s Licence For Three Years   The Nigerian Bulk Electricity Trading company on Tuesday announced that its operating license had been renewed for additional three years by the Nigerian Electricity Regulatory Commission. It said in a statement issued by the firm in Abuja that the...

CBN Sets New Capital Base For Payment Firms       The Central Bank of Nigeria has set new capital requirements for payment firms in the country. The CBN disclosed the capital requirements in a circular on Monday titled ‘New license requirements for the payments system’. The CBN stated that...

DPR Revokes Addax PSCs’ Licences     The Federal Government has revoked the four Production Sharing Contracts (PSC) operated by Addax Petroleum Development Nigeria Limited (APDNL). The Director, Department of Petroleum Resources (DPR) Sarki Auwalu, who made this known on Tuesday in Lagos, listed the affected oil blocs...

Isyaku Kontagora: How Independent Criminal Tracker Rescued Victims of Robbery, Kidnapping, Assassination … Seeks Licence for Security Outfit     After facilitating arrests of suspected armed robbers, kidnappers and assassins, Isyaku Kontagora an independent Criminal Tracker seeks licence for his private security outfit. He may not actually be a...

CBN Grants Greenwich Merchant Bank Operational Licence       The Central Bank of Nigeria has granted Greenwich Trust Limited a licence to operate as a merchant bank in the country. An email from Greenwich Trust Limited on Thursday said the entity would be known as Greenwich Merchant Bank...