Reading Time: 4 minutes It is no longer a question of if but when Nigeria will unbundle the 5th Generation mobile network (5G technology). This reality is coming with the impending auction of the 3.5GHz spectrum band. On Thursday, a stakeholder engagement forum was held at the Marriott Hotel, Ikeja, on the draft Information Memorandum (IM) on the auction Read More…
Reading Time: 2 minutes Image Credits: Getty Images/Ron and Patty Thomas, Eric Roset/Africa Progress Panel. Says even if Africa triples gas consumption, only 0.67% of global gas will be emitted African Development Bank President Akinwumi Adesina said on Thursday that gas remained critical for African economies despite the global push to end investments in fossil fuels as the world Read More…
Reading Time: < 1 minutes Image Credits: Bloomberg. The MTN Group has announced plans to sell 575 million shares in MTN Nigeria. This is contained in a notice signed by the Company Secretary, Mrs Uto Ukpanah on Thursday in Lagos. The statement said the public offer would be by way of book build to institutional investors and fixed prices to Read More…
Reading Time: 2 minutes It is now illegal for receipts or documents to be issued without the stamp denotation of the Nigerian Postal Service (NIPOST). This was declared on Thursday when NIPOST officially launched the stamp denotation implementation for traders at the Alaba International Market, Ojo, in Lagos, according to a News Agency of Nigeria (NAN) report. Dr Ismail Read More…
Reading Time: < 1 minutes Image Credits: NAN. A report by the News Agency of Nigeria (NAN) says the casualty figure at the collapsed 21-storey high-rise building at Gerrard Road, Ikoyi, now stands at 39. Among the dead, according to NAN quoting a reliable source, is MD/CEO Fourscore Homes, owner of the collapsed building, Femi Osibona. The report says the Read More…
