NEGOTIATIONS for over $150 million Chinese loan for procurement of back-up satellite in the orbit by the Nigerian Communications Satellite Limited (NigComSat), might have been abandoned due to technical hitches, it was learned on Tuesday. The backup satellite is meant to strengthen the commercial operations of NigComSat and was one …
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The Federal High Court in Lagos on Tuesday barred MTN Nigeria Communications Limited from moving any funds from all banks in Nigeria abroad pending hearing of its suit challenging the N1.4trillion fine imposed on it by the Nigerian Communication Commission (NCC). Justice Mohammed Idris ordered parties to maintain status quo. …
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The Nigerian Senate has cleared the under-listed ministerial nominees out of the 37 forwarded by President Muhammadu Buhari,without clearing the former governor of Rivers State, Chibuike Amaechi, and a former Oyo State commissioner, Adebayo Shittu. The Senate resolved to screen the two nominees on Thursday. The cleared Ministerial nominees are …
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