Economy
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Ogun to host $3bn refinery in Tongeji Island
By Kolawole Olayinka, Abeokuta Ogun State will soon join the league of oil producing states as a firm, Gasoline Integrated International, has expressed its readiness to build a $3billion refinery in Tongeji Island, Ipokia Local Government Area of the state. A statement issued in Abeokuta by the Governor’s Chief Press Secretary, Kunle Somorin said the refinery when completed will be…
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LCCI hails Dangote on provision of infrastructure, job creation
Dangote Industries Limited sustained efforts at providing basic infrastructure through various intervention projects have received the commendation of the Lagos Chamber of Commerce and Industry (LCCI). President of the LCCI, Dr. Micheal Olawale-Cole, in his remarks at Dangote Group’s Special day at the ongoing Lagos International Trade Fair on Tuesday, said the foremost indigenous conglomerate has contributed significantly in providing…
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I received death threats over NNPC reforms – Kyari
The Group Managing Director (GMD) of the Nigeria National Petroleum Company (NNPC Ltd), Mr Mele Kyari, has said that he is receiving death threats as a result of the ongoing reformation in the NNPC. Kyari made this known on Wednesday in Abuja at the Legislative Transparency and Accountability summit organised by the House of Representatives Committee on Anti-Corruption. The summit…
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Egypt: climate action can strengthen long-term growth, says World Bank
Climate change impacts, including growing pressure on Egypt’s vital water supply, pose increased risk to the country’s long-term growth, says the World Bank Group’s Country Climate and Development Report (CCDR) launched here last night with the government of Egypt. The report highlights that an ongoing commitment to climate action can transform these risks into opportunities and help Egypt to achieve…
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NCC warns users against ‘Mobile Apps Group’ over Trojan, malware concerns
Following the constant introduction of malicious apps into Google Play Store, the Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised against the installation of apps from the offending publisher, the ‘Mobile Apps Group’, whose products were discovered to contain Trojans and adware that are harmful to users and their privacy. NCC-CSIRT’s advisory on the incident said: “The…
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MTN, Airtel, others appointed by FIRS to withhold VAT charged to them
MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value Added Tax (VAT) charged on all taxable supplies made to them, and remit to the Service. This was contained in a Public Notice the FIRS issued on Monday, signed by its Executive Chairman, Muhammad Nami, where it…
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NCC inaugurates committee to accelerate broadband infrastructure deployment
In a bid to give verve to the expansion of broadband services in the country, the Nigerian Communications Commission (NCC) has inaugurated an industry-wide committee to facilitate the deployment of broadband infrastructure under a project named, National Communications Backbone (NCB). Chaired by NCC’s Director of Digital Economy, Dr. Augustine Nwaulune, with Mobile Network Operators (MNOs), Infrastructure Companies (InfraCos), and Tower…
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Tax dialogues crucial for strengthening tax administration – Nami
Tax dialogues, which provide a platform for exchange of diverse ideas on taxation, have been described as a tool for engendering tax compliance through collective ownership of the tax system, as well as a means to strengthening tax systems. Speaking at the 2022 Kaduna State Tax Dialogue, held in Kaduna State today, Mr. Muhammad Nami, Executive Chairman of the Federal…
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Osinbajo commissions atmospheric observatory at Bowen University
*Commends Bowen, partners for ‘amazing achievement’ *How technology will impact commerce, other aspects of life – VP “Today is one of those days when I am extra proud to be a Nigerian,” Vice President Yemi Osinbajo said while commending the feat attained by Bowen University in the deployment of the first and currently the only equatorial low-latitude SuperDARN – a…
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Assess exposure to multiple vulnerabilities in Cisco products to find solutions, NCC-CSIRT advises users
The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has issued an advisory for users to frequently review alerts for Cisco products to assess their exposure and find a comprehensive update solution. The advisory, which also recommended using the appropriate software updates that are accessible from the vendor website, followed the identification of multiple vulnerabilities in Cisco Products, especially…
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