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NCC Approves 59% Tariff Hike for Telecos  The Nigerian Communications Commission (NCC) has approved the request of telecommunications companies to raise tariff. According to Reuben Mouka, spokesman of the commission, the approval was granted in pursuant to its power under Section 108 of the Nigerian Communications Act…Read More

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CAC strengthens compliance, enforcement mandates for efficient management of entities The Corporate Affairs Commission (CAC) has unveiled plans to strengthen its compliance and enforcement mandates, with a focus on formalising businesses and enhancing post-incorporation compliance. The Registrar-General of CAC, Hussaini Magaji, said this during the in-house enforcement and compliance training for state offices on Monday […] The post CAC strengthens compliance…Read More

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Vandals Destroyed 18 Transmission Towers in Five Days – TCN No fewer than 18 electricity towers supplying power to various franchise areas in three states have been destroyed and stolen by vandals within five days. The states are Rivers, Abia, and Kano. The Transmission Company of Nigeria announced this in a statement signed by the […] The post Vandals Destroyed 18 Transmission Towers in Five Days – TCN appeared first on Economic Confidential…Read More

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AfDB Partners PowerGen to Generate 120MW of Renewable Energy PowerGen Renewable Energy has partnered with the African Development Bank and other leading international investors to establish a scalable, distributed renewable energy platform. The platform targets deploying 120 megawatts of renewable power in Nigeria and other African countries…Read More

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President-elect Donald Trump announced to his supporters that he wants the Chinese-owned video app TikTok to be at least 50% owned by American investors.During a rally in Washington, Trump declared his intention to allow TikTok to continue its operations in the U.S. only if it agrees to this substantial American ownership.Trump stated…Read More

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