General - Business Metrics

JUST IN: FG relaxes ban on new SIM Card activation

Apr 15, 2021Apr 15, 2021 Ugochi Emmanuel

JUST IN: FG terminates ban on new SIM card activation Federal Government of Nigeria has approved the activation of new SIM Card with mandatory National Identification Number (NIN) in line with the revised National Digital Identity Policy for SIM Card registration. A statement from the Ministry of Communications and Digital Economy, today explained that this is in line with the Nigerian Communications Act (NCA) 2003, Section 23(a), which specifies the role of the Minister to include the formulation, determination and monitoring of the general policy for the communications sector. In line with…

Africa’s youth population is a double-edged sword, Elumelu expresses concerns

Apr 6, 2021Apr 7, 2021 Ugochi Emmanuel

Africa’s youth population is a double-edged sword, Elumelu expresses concerns The Chairman of the United Bank of Africa (UBA), Tony Elumelu, has expressed concerns that the huge youthful population of the African continent raises fear restiveness as much as it gives hope of economic prosperity. He said this on today in an address he delivered to the Anglican Church Youth in an ongoing event in Enugu State titled ‘Africa: unlocking our potential, securing our future’. According to him, the need to unlock the potential of youths in Nigeria and…

NIN database exceeds 51m records, as FG extends NIN-SIM linkage by one month

Apr 2, 2021 Umar Suleiman

NIN database exceeds 51m records, as FG extends NIN-SIM linkage by one month The ongoing National Identification Number (NIN) exercise has so far recorded issuance of the unique number to over 51 million people. This fact emerged after a meeting of the Ministerial Task Force on the NIN-SIM data linkage chaired by Isa Pantami, the Honourable Minister of Communications and Digital Economy. At the meeting which took place on Thursday, an approval was given to extend the period of the NIN-SIM linkage to the 6th of May, 2021. The request…

Aliko Dangote Foundation empowers rural women petty traders with N160m

Apr 1, 2021 Banjo Olaniran

Aliko Dangote Foundation empowers rural women in Kwara with N160m Aliko Dangote Foundation has empowered a total of 16,000 women in all the 16 local governments area of Kwara State with N160 million, the foundation has said. According to a statement from the foundation, each of the women were given the sum of N10,000 each, to help boost their petty trade and also start new businesses in a funfair event held in Kwara State on Wednesday. The deputy governor of the state, Kayode Alabi, who stood in for the…

Presidency alleges BDC operators of facilitating money to terrorists

Apr 1, 2021 Business Metrics

Presidency alleges BDC operators of facilitating money to terrorists The Presidency has confirmed that some Bureau De Change operators were facilitating money transfer to terrorists, insisting that Nigerians will be shocked when details of the investigation into their activities are fully disclosed. The Presidency also said that many Nigerians were shocked over the revelation that the killers of policemen, naval officers and other military officers were harboured in places of worship and farms. This disclosure was made by the Senior Special Assistant to the President on Media and Publicity,…

NCC open to innovations, strategic collaboration for human capital development – Danbatta

Mar 31, 2021 Umar Suleiman

L-R: Director, Human Capital and Administration, Usman Malah; Vice-Chancellor, Nile University, Prof. Osman Aras; Head, Human Capital, NCC, Usman Mamman and Dean, Faculty of Natural and Applied Sciences, Nile University, Prof. Musa Muhammad, during the courtesy visit of the university to the Commission in Abuja. NCC open to innovations, strategic collaboration for human capital development – Danbatta The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has emphasised that the Commission will always be open to ideas, innovations and meaningful collaboration…

Lagos to purchase 355 vehicles worth N4.4bn for its MDAs

Mar 26, 2021 Banjo Olaniran

Lagos to purchase 355 vehicles worth N4.4bn for its MDAs Lagos state assembly has approved a request by Governor Babajide Sanwo-Olu to buy 355 vehicles for Ministries, Departments and Agencies (MDAs) at a cost of N4.4 billion in the state’s 2021 budget. House passed the approval through a voice vote supervised by the Speaker of the House, Mudashiru Obasa, in Lagos on Thursday after the state head of service and ministry of budget and economic planning defended the budget before the house on committee of economic planning and…

Nigerians to buy petrol for N234 per litre as NNPC get tired of N120bn monthly subsidy payment

Mar 25, 2021Mar 26, 2021 Umar Suleiman

Nigerians to buy petrol for N234 per litre as NNPC get tired of N120bn monthly subsidy payment The Nigerian National Petroleum Corporation (NNPC) has lamented the burden placed on it by the ongoing subsidization of the cost of petrol also known as Premium Motor Spirit (PMS) in the country, saying that sooner or later Nigerians have to pay the actual cost for the commodity. The Group Managing Director (GMD) of the NNPC, Mele Kyari, gave the indication at the weekly presidential ministerial media briefing featuring Minister of State…

JAMB makes NIN mandatory as 2021 UTME registration commences April 8

Mar 25, 2021 Banjo Olaniran

JAMB makes NIN mandatory as 2021 UTME registration commences April 8 The Joint Admission and Matriculation Board (JAMB) says it has commenced the 2021 Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE) registration exercise. The registration has been scheduled to take place in 700 centres across the country. This disclosure is contained in a statement issued by JAMB’s Head of Public Affairs and Protocols, Dr Fabian Benjamin, on Wednesday, March 24, 2021, in Abuja. Benjamin said that all potential candidates must provide their National Identity Number (NIN)…

USAID goes ‘State 2 State’ with $72 million to strengthen governance

Mar 24, 2021 Banjo Olaniran

USAID goes ‘State 2 State’ with $72 million to strengthen governance The U.S. Agency for International Development (USAID) launched a new State Accountability, and Effectiveness (State2State) Activity to strengthen subnational governance systems in six key states across Nigeria. The five-year, $72 million State2State Activity helps improve how these states plan and budget, raise revenues, increase civil society participation, and oversee service delivery in the health; education; and water, sanitation, and hygiene (WASH) sectors. The agency disclosed via press statement on Wednesday that the activity will begin operations in Adamawa,…