Category: e-BUSINESS

‘NNPC Now Controls 14% of Downstream Retail Business’
May 8, 2018 No Responses

‘NNPC Now Controls 14% of Downstream Retail Business’

Dr Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), says the corporation’s downstream subsidiary, NNPC Retail Limited, now holds 14 per cent of the share of petroleum products retail business in Nigeria. Baru said this in...
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Banks must repay excess charges with interest, says CBN
May 8, 2018 No Responses

Banks must repay excess charges with interest, says CBN

The Central Bank of Nigeria (CBN), said any bank that deducts monies illegally from a customer’s account for products and services would be forced to refund the money to the customer with interest. Mr Fada David, Consumer Complaints Management, Consumer...
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MTNNigeria Wants Digital Collaborations among Service Providers
May 8, 2018 No Responses

MTNNigeria Wants Digital Collaborations among Service Providers

Mr Gbenga Oyebode, the Director, MTN Nigeria on Tuesday said more collaborations were needed to boost the digital revolution of Nigeria’s telecom market. Oyebode, the Chairman of a one-day conference in Lagos on Investment in Nigeria’s Telecommunication Me...
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Nigeria Targets Six Laurels at African Bankers Awards
May 7, 2018 No Responses

Nigeria Targets Six Laurels at African Bankers Awards

No Nigerian lender was shortlisted for home grown innovations in financial-technology and electronic banking  for this year’s African banker’s Award. The country, however, has nominations in six categories of the award. This development knocked the countr...
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Active mobile lines in Nigeria hit 149m in March
May 7, 2018 No Responses

Active mobile lines in Nigeria hit 149m in March

The Nigerian Communications Commission (NCC) says active mobile phone lines in the country rose from the 148 million in February to 149 million in March. The NCC stated this in its monthly Subscribers Operator Data posted on its website. It...
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Banks are ripping us through ATMs, customers cry out
May 6, 2018 No Responses

Banks are ripping us through ATMs, customers cry out

Commercial Bank customers within the Federal Capital Territory (FCT) have decried excess charges by banks through Automated Teller Machine (ATM) withdrawals. Some customers who spoke to a News Agency of Nigeria (NAN) correspondent, said they dreaded making wit...
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MTN Nigeria, Ghana Lead Q1, 2018 Group Revenue Growth
May 3, 2018 No Responses

MTN Nigeria, Ghana Lead Q1, 2018 Group Revenue Growth

Nigeria: Hits 54 Million on Subscribers Log Roll out 298 3G & 174 4G BTS Up voice & data revenues by 14,4%, 73,2% MTN Group, Africa’s biggest mobile phone operator recorded 9.1 percent increase in its revenue for the first...
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Nigeria: How Smaller Operators Can survive Competition in Telecoms Sector
May 3, 2018 No Responses

Nigeria: How Smaller Operators Can survive Competition in Telecoms Sector

Telecommunications operators on Wednesday called on the Nigerian Communications Commission (NCC) to look into the indebtedness of smaller telecom operators and support them to survive competition. Mr Gbenga Adebayo, Chairman, Association of Telecommunications ...
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New Regulation for Fair Competition in Telecoms Coming, says NCC
May 3, 2018 No Responses

New Regulation for Fair Competition in Telecoms Coming, says NCC

The Nigerian Communications Commission (NCC) Wednesday said the existence of competition in the telecoms sector has stimulated the growth of the sector over the years. The commission said it would sustain the momentum by formulating policies periodically to me...
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SystemSpecs Wins Award for Software Company of the Year Again
May 1, 2018 No Responses

SystemSpecs Wins Award for Software Company of the Year Again

 NewswatchNigeria can report that fin-tech company, SystemSpecs Limited has again emerged ‘Software Company of the Year’ for the third consecutive year. The success was recently clinched with an award at the 2018 Beacon of ICT (BoICT) ceremony in Lagos. T...
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