Nigerian Communications Commission Approves 1,843 Phone Brands For Nigerian Market

BusinessTelecommunicationNigerian Communications Commission Approves 1,843 Phone Brands For Nigerian Market

Hassan Umar Shallpella (Regional Correspondent)April 27, 2022

ABUJA — The Nigerian Communications Commission (NCC) has approved 1,843 phone brands for the Nigerian market. The new approvals represent a total increase of 351, from the 1,492 phones approved in 2020 by the regulator. The telecommunications regulator disclosed this in its ‘Type Approval’ regulation published on Tuesday. “The mobile handsets approved have been tested and found to meet the applicable Type Approval standards required to allow them to be sold to consumers and operated...

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Indonesia-Nigeria Trade Volume Reaches 2.46bn Dollars

BusinessEconomyIndonesia-Nigeria Trade Volume Reaches 2.46bn Dollars

PilotnewsApril 27, 2022

Trade volume between Indonesia and Nigeria reached 2.46 billion dollars between 2016 and 2021, says Amb. Usra Harahap, Ambassador of Indonesia to Nigeria. Harahap said this on Tuesday in Abuja while fielding questions from newsmen, when he said about 25 Indonesian companies had invested in Nigeria. He said trade between the two countries kept increasing in the last six years. “In 2016 it reached 1.59 billion dollars and in 2021 it increased to 2.46 billion...

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PENGASSAN Vows to Address Casualisation in Oil, Gas Industry

EconomyOil & GasPENGASSAN Vows to Address Casualisation in Oil, Gas Industry

PilotnewsApril 27, 2022

By Esenvosa Izah LAGOS — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) said it would ensure that issues of casualisation in the oil and gas industry are reduced to the barest minimum. PENGASSAN’s President, Mr. Festus Osifo, made this known at a media parley with the Labour Writers Association of Nigeria held on Tuesday in Lagos. Osifo also made the declaration as part of the union’s congratulatory message to workers in...

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Pastor Bills Members N310,000 As Rapture Fee To Heaven

MoneyReligionPastor Bills Members N310,000 As Rapture Fee To Heaven

By Ezinwanne Onwuka (Senior Reporter)April 27, 2022

KADUNA — Senior Pastor of the Christ High Commission Ministry, also known as Royal Christ Assembly, Kaduna State, Pastor Ade Abraham has convinced a number of his members to relocate with him to a camp in Ekiti State where he would prepare them for the rapture which he claims is imminent, but at a fee of N310,000. According to reports, the preacher has allegedly built a camp in Ekiti state where he told his members...

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Buhari Appoints Jaji Abdulganiyu CG For Fire Service

Accidents and SafetyJobsNewsBuhari Appoints Jaji Abdulganiyu CG For Fire Service

By Ezinwanne Onwuka (Senior Reporter)April 27, 2022

ABUJA — President Muhammadu Buhari has appointed Jaji Abdulganiyu as the Controller General of the Federal Fire Service (FFS). The appointment was announced in a statement posted on the verified Twitter handle of the Ministry of Interior on Tuesday. According to the statement signed by Aisha Rufai, secretary of the Civil Defence, Fire, Immigration and Prisons Services Board (CDFIPB), Abdulganiyu began his new role on April 22. “President Muhammadu Buhari has approved the appointment of...

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Twitter Confirms Billionaire Entrepreneur, Elon Musk, To Buy Platform At $44bn

BusinessTwitter Confirms Billionaire Entrepreneur, Elon Musk, To Buy Platform At $44bn

Bada Yusuf Amoo (Correspondent)April 26, 2022

Twitter on Monday confirmed it is selling the platform to billionaire entrepreneur Elon Musk in a deal valued at $44 billion. The sale was a dramatic shift for the board, which had originally maneuvered to block Musk from taking the social media network private. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a joint...

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Elon Musk Buys Twitter For $44bn, Promises Free Speech

BusinessNewsElon Musk Buys Twitter For $44bn, Promises Free Speech

By Ezinwanne Onwuka (Senior Reporter)April 26, 2022

The board of Twitter has agreed to a $44bn takeover offer from the billionaire entrepreneur Elon Musk, the company announced on Monday. Musk, who made the shock bid less than two weeks ago, said Twitter had “tremendous potential” that he would unlock. Mr. Musk’s offer came after frequent complaints about claims of content censorship and lack of free speech on the site. “Free speech is the bedrock of a functioning democracy, and Twitter is the...

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Price of Cooking Gas Rises By 83.62% In One Year – Report

BusinessNewsPrice of Cooking Gas Rises By 83.62% In One Year – Report

Bada Yusuf Amoo (Correspondent)April 23, 2022

The National Bureau of Statistics (NBS) on Friday disclosed in its report that the average retail price of cooking gas increased by 83.62 per cent from N2057.71 in March 2021. The March 2022 report also revealed the average price for refilling a 5kg Cylinder of Liquefied Petroleum Gas (Cooking Gas) stood at N3778.30 in March 2022 from N3708.58 recorded in February 2022 showing an increase of 1.88 per cent month-on-month. According to state profile analysis,...

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Emefiele Explains Why CBN Cannot Afford to Float Exchange Rate

EconomyMoneyNewsEmefiele Explains Why CBN Cannot Afford to Float Exchange Rate

Bada Yusuf Amoo (Correspondent)April 23, 2022

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that despite calls and recommendations by the International Monetary Fund, the World Bank and other global financial institutions, Nigeria cannot afford to operate a floated exchange rate system. Emefiele made this known at the IMF/World Bank Spring Meetings in Washington DC, United States. He spoke in reaction to a charge by the President of the World Bank Group, David Malpass, for Nigeria to...

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Google Launches Subsea Cable In Lagos, Says It Will Boost Nigerian GDP by $10.1bn, Create Jobs

BusinessNewsTelecommunicationGoogle Launches Subsea Cable In Lagos, Says It Will Boost Nigerian GDP by $10.1bn, Create Jobs

By Ezinwanne Onwuka (Senior Reporter)April 22, 2022

LAGOS — Google, on Thursday, unveiled plans to go for the heart of Nigeria’s Internet market with its Equiano submarine cable. Google landed the cable with its partner, WIOCC, a prominent African digital backbone company in Lagos yesterday. The state-of-the-art Equiano subsea cable, which will become a critical element in meeting Nigeria’s current and future international connectivity demands, according to Google, would reduce the retail cost of Internet prices by 21 per cent after its...

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