The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field. Production from the field which is located in shallow waters offshore Bayelsa State and operated by First E&P…
In establishing Oyo State University of Technology in 1990, the founding fathers had a clear objective for it not to be just another university. Their desire was for a university that would produce self-reliant graduates who would lead the charge in the technological and industrial development of Nigeria, which was why they made it a…
Every government all over the world subsidizes certain things for the citizenry. From America to Europe, it is either agricultural products or housing and to all other basic things of life. Therefore, this present administration must not make the mistake of thinking every subsidy is an aberration. It is certainly not. There is nothing abnormal…
Three things. One, Access Holdings has just declared a profit after tax of N612 billion, with a 300 per cent increase year-on-year. Two, the return of Aigboje Aig-Imokhuede to Access, not as CEO of Access Bank, which he was until 2013, but this time as Chairman of Access Holdings, the umbrella for the different interests…
It is difficult to guess what was on the mind of the Nigerian Electricity Regulatory Commission (NERC) in deciding at this time on an increase in electricity tariffs specifically targeted, in this instance, at Band A Customers of the Electricity Distribution Companies and opting to be the face of the hike in the tariff, while…
Following recent undersea cable cuts that challenged connectivities in many countries in the West Afrcan region, Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections. According to Reuben Muoka, Director, Public Affairs at NCC, Executive Vice Chairman of the Nigerian…
Nigeria has called for a coordinated and multilateral approach by the region to protect shared telecommunications infrastructure, and diversify connectivity to ensure uninterruptible connections, following recent undersea cable cuts that challenged connectivities in many countries in the West African region. According to NCC’s Director, Public Affairs, Reuben Muoka, Executive Vice Chairman of the Nigerian Communications…
Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, the Nigerian Communications Commission has announced that services have now been restored to approximately 90% of their peak utilization capacities. In a statement issued by NCC’s Director,…
Following the disruption on March 14, 2024, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d’Ivoire and Senegal, we are pleased to announce that services have now been restored to approximately 90% of their peak utilization capacities. All operators who were impacted by the cuts…
The National Identity Management Commission (NIMC) and the Nigerian Communications Commission (NCC) have announced a strategic collaboration aimed at enhancing processes related to the National Identification Number (NIN)-SIM linkage. Under this collaboration, NIMC and NCC will work closely to explore synergies and leverage each other’s expertise and resources in the following key areas: 1. Streamlining the…
