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Category: Economy

Business Economy headline

NCC to issue two more 5G licences at $273.6m asking price

Iheanyi Ejiofor October 22, 2022 No Comments #NCC #5G licenses

Our reporter| The Nigerian Communications Commission (NCC) says it has fixed the reserve price for the new 5G spectrums at $273.60m for a 10-year licence tenure. In a memorandum titled…

Read More NCC to issue two more 5G licences at $273.6m asking price
Business Economy

Polaris Bank announces new board, appoints Adekunle Sonola as CEO

Iheanyi Ejiofor October 21, 2022 No Comments #Polaris Bank

Our reporter| Polaris Bank on Friday it has constituted a new board and management team. The bank made the announcement in a statement made available to reporters. This comes a…

Read More Polaris Bank announces new board, appoints Adekunle Sonola as CEO
Business Economy

Pantami woos State Governors on broadband, Obaseki shares experience

Iheanyi Ejiofor October 20, 2022 No Comments #broadband#Pantami

The Minister of Communications and Digital Economy, Prof. Isa Ali Ibrahim Pantami, Thursday in Abuja, told a gathering designed for State Governors that the potentials of broadband are so enormous…

Read More Pantami woos State Governors on broadband, Obaseki shares experience
Business Economy headline

Nigeria to Convert Vast Central Bank Loans to 40-Year Bonds

Iheanyi Ejiofor October 20, 2022 No Comments

Nigeria’s government plans to convert at least 20 trillion naira ($45.4 billion) of loans taken from the central bank to 40-year bonds, the first time it’s resorted to such a…

Read More Nigeria to Convert Vast Central Bank Loans to 40-Year Bonds
Business Economy

FG reverses 10% tariff increases on data, voice services

Iheanyi Ejiofor October 19, 2022 No Comments #Voicedata services #NCC

Our reporter| The Nigerian Communications (NCC) on Wednesday ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data services. The directive was…

Read More FG reverses 10% tariff increases on data, voice services

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