Maritime News & Reports

Gulf of Guinea: Nigeria, Equatorial Guinea Signs Agreement on Maritime Security

In a bid to consolidate efforts at ending the upsurge of maritime crimes, piracy and insecurity in the Gulf of Guinea, Nigeria has activated a bilateral agreement on improving the security in the region. The new agreement mandates both countries to embark on combined maritime and air patrols along the common maritime border. Cdr. Samuel Kure …read more →

Economy News & Reports

Fitch Rating: Upgrade of Nigeria Outlook to Boost Confidence in Economy – Analysts

Analysts have projected that the recent upgrade of Nigeria rating by the global rating agency Fitch will improve the country’s risk perception and raise its ability to borrow from the external sources. Analysts at Financial Derivatives Company (FDC) said in a report that the revised rating of Nigeria’s outlook to stable from negative while affirming …read more →

Infrastructure News & Reports Telecom

InfraCos: NCC Reviewing Framework & Funding Options

The Nigerian Communication Commission (NCC) has constituted a committee to review the framework for the licensing of Infrastructure Companies (InfraCo) and recommend sustainable funding options for effective implementation of the proposed national fibre project. The constitution of the committee was sequel to the requirements of the new Nigerian National Broadband Plan (NNBP 2020-2025) and reports …read more →

Infrastructure Telecom

NCC to Boost Economic Growth in Nigeria with Robust ICT Infrastructure

The Nigerian Communications Commission (NCC) will carry on in its quest to expedite and strengthen the expansion of strong ICT and broadband infrastructure across the nation in order to bolster Nigeria’s digital economy development, Umar  Danbatta, its Executive Vice Chairman said. Danbatta made the pledge while presenting a paper titled “Communication Technology for Service Delivery on …read more →

Economy News & Reports

Budget of Economic Recovery and Resilience : Full Text of President Muhammadu Buhari’s Speech

Budget of Economic Recovery and Resilience  Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja  Thursday, 8th October 2020 PROTOCOLS 1.  It is with pleasure that I present the 2021 Federal Budget Proposals to this Joint Session of the National Assembly. 2.  Distinguished and Honourable Leaders, and …read more →