Economy

Nigeria Air To Get Operating License On Monday

The Nigerian Civil Aviation Authority (NCAA) is expected to present Nigeria Air, the country’s proposed national carrier with Air Transport Licence (ATL) on Monday. The licence will be presented to…

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Suspended Accountant-General released from EFCC custody

The suspended Accountant-General of the Federation, Ahmed Idris, has been released by the Economic and Financial Crimes Commission after he was arrested for his alleged involvement in a N174 billion…

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NCC confirms licensing of Elon Musk’s internet service, Starlink in Nigeria

The Nigerian Communications Commission (NCC) has reportedly confirmed the licensing of Starlink, Elon Musk’s satellite internet service in Nigeria. Recently, the Tesla CEO announced on Twitter that the approval for…

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FG imposes new tax on telephone calls to fund free healthcare for Vulnerable Group

The Federal Government has introduced a new tax on phone calls to fund free healthcare for the Vulnerable Group in Nigeria. The telecom tax is the equivalent of a minimum of…

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FCT Minister shuts down Dei–Dei Int’l market, Abuja over crisis indefinitely.

FCT Minister Mohammad Bello has ordered the indefinite closure of Dei – Dei International Market following a clash between commercial motorcyclists and traders. After inspecting the scene of the incident…

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Accountant General Of The Federation Suspended.

The Accountant General of the Federation Ahmed Idris has been suspended from office without pay. The Accountant General’s suspension is contained in a letter to him by the Minister of…

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Dollar hits N600 at parallel market, forex supply shrinks

The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s currency. The rate at the Importers and Exporters Window was,…

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EFCC arrests Accountant-General of the Federation for alleged N80b fraud

The Economic and Financial Crimes Commission (EFCC) has arrested the Accountant-General of the Federation Ahmed Idris for alleged N80 billion fraud.  Confirming this development, the spokesperson of the antigraft agency,…

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We have not approved any Telecom Tariff increase – NCC

The Nigerian Communications Commission (NCC) has dismissed insinuations of a planned increase in telecoms tariff in the country. The regulatory body called on subscribers not to panic as the commission…

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EFCC investigating source of money used in buying party normination forms – Bawa

 The Chairman of the Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa, has said they are investigating the source of money used by aspirants to purchase party nomination forms ahead of the 2023…

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