Naira Appreciates Against the Dollar

The Naira appreciated against the Dollar at the parallel market to close at 217 against the green back on Monday from 221 recorded on Friday.  The Naira rose on the back of weak demand for the dollar at the foreign exchange markets. Forex traders linked this to an improved dollar liquidity occasioned by the sustained […]

Harpic Unveils New ALL-IN-ONE toilet Solution, Brand Ambassador

Harpic is reinforcing its triple-powered impact with a new campaign tagged  “Harpic All in One”. To this end, a new Television Commercial (TVC) has also been created to flag-off the new campaign. This is expected to give the much needed impetus to the brand and campaign as it new Harpic All-In-One challenges our traditional cleaning […]

Deactivated registered SIM cards will be restored, says NCC

Subscriber Identification Modules (SIM) cards deactivated by operators would be restored, if the owners had them properly registered, the Nigerian Communications Commission (NCC), has said. Many affected subscribers have inundated the regulator with questions, seeking clarification as to the status of their phone numbers. The NCC has however stressed that only those subscribers who register […]

FCMB launches ‘Quick Recharge’ for airtime purchase

Good news for FCMB Customers. You can now recharge your phones with ease using simple dedicated codes. First City Monument Bank (FCMB) Limited has unveiled a self-service, known as Quick Recharge, which allows all its customers to top-up their mobile phones instantly on any of the Global System for Mobile (GSM) networks. The service enables customers […]

Efritin.com launches classified Ad platform

Efritin.com, a new online classified platform, has launched a classified advert marketplace for buyers and sellers to exchange used items. The Chief Operating Officer, Saltside Technologies, Efritin.com parent company, Mr. Babak Tighnavard, said while Saltside Technologies was founded to build leading online marketplaces in underserved markets, creating sustainable value for the community, Efritin.com has over 50 […]

WhatsApp, Skype Others Bad For Business, Says Telecom Operators

Nigeria telecommunications companies have lamented a serious decline in their revenue as a result of the rapid rise of over-the-top (OTT) content services such as WhatsApp, Skype and others. The rapid increase of these over-the-top (OTT) content services like Skype, Whatsapp and others could trigger up to 50 percent drop in revenue for Nigerian telecoms […]

Beware! Fraudsters Devise New Method of Extortion Using Mobile Network Operators

Fraudsters have devised a new method of extorting money from unsuspecting members of the public using phone calls. Given below is what happened to someone & he has narrated this in his own words: ” I received a call from someone claiming that he was from my mobile Service provider and he asked me to shutdown my phone for […]

Average price of fuel in July was N107 – NBS

Nigerians paid an average of N107.41 per litre of Premium Motor Spirit (petrol) across the 36 states of Nigeria in July, the National Bureau of Statistics (NBS) has said. The bureau said, in its latest report, Nigerians paid N20.41 more than government approved pump price of N87 per litre for the product. The report released […]

German company to establish 50Megawatts power plant in Imo

A German based company is to establish a multimillion naira 50 Megawatts power plant in Imo State with a view to building an industrial base in the state. A team of investors led by Engr. Wilson Chukwunyere disclosed this when they visited the Deputy Governor of the state, Prince Eze Madumere, at the government house […]

Power generation in Nigeria hits 4,600MW

The Federal Government yesterday said its power generation has improved to 4,600 megawatts (Mw) from about 3,000Mw. The Permanent Secretary in the Ministry of Power, Godknows Igali briefed State House correspondents after presenting activities of the ministry to President Muhammadu Buhari at the Presidential Villa, Abuja. He said: “We are doing over 4600Mw of power on […]

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