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Telcos Slash Capital Expenditure Amidst Financial Strain, Threatening Network Quality
Telecommunication companies in Nigeria are cutting back on capital expenditure due to financial losses, potentially worsening network quality, experts warn.
Major telcos like…
IMF Raises Concerns Over Nigeria’s Plan to Issue Domestic Dollar-Denominated Bonds
The International Monetary Fund (IMF) has voiced apprehensions regarding the Nigerian government’s proposed strategy to issue domestic dollar-denominated bonds, as per the recently…
Nigerian Customs Service Records Highest Exchange Rate in Six Weeks for Import Duties Collection
The Nigerian Customs Service (NCS) has observed a surge in the exchange rate for import duties collection, reaching N1457/$, the highest recorded in just over six weeks. Checks on…
EFCC Arrests 26 Suspected Internet Fraudsters in Port Harcourt, Rivers State
In a recent operation, the Economic and Financial Crimes Commission (EFCC), Port Harcourt Zonal Command, apprehended 26 individuals suspected of engaging in internet fraud…
PDP Spokesperson Reveals Role of Nyesom Wike in Peter Obi’s Exit from Party
Paul Ibe, the spokesperson for Atiku Abubakar's 2023 presidential campaign under the Peoples Democratic Party (PDP), has disclosed Nyesom Wike's alleged role in the departure of…
Presidency Declares Neutrality in Rivers State Political Crisis, Asserts President Tinubu’s Position
Amidst the escalating political turmoil in Rivers State, the Presidency has issued a statement emphasizing President Bola Tinubu's commitment to…
Abia State Governor Vows to Cleanse Lokpanta Cattle Market of Crime and Residence, Enhance Business Environment
In a resolute move to eradicate crime and transform the Lokpanta Cattle Market in Umunneochi, Abia State, Governor Dr. Alex Otti, OFR, has reiterated the government's determination…
Former Super Eagles Player Ibrahim Babangida Dies in Tragic Accident on Zaria Road
Tragedy struck the Nigerian football community as former Super Eagles player Ibrahim Babangida lost his life in a devastating accident along Zaria road.…
Abia Governor Alex Otti Alleges Misappropriation of 10B Airport Fund by Previous Administration
Amidst mounting controversy surrounding the alleged misappropriation of the 10-billion-naira Airport Fund by the previous administration led by Okezie Ikpeazu, Abia State Governor…
Abia State Governor Alex Otti Initiates Comprehensive Reconstruction and Development Programs Across Various Sectors
In a bid to revitalize key sectors and address critical challenges facing Abia State, Governor Dr. Alex Otti has unveiled a comprehensive agenda aimed at…