Month December 2015

Electricity consumers complain of exploitation in Abuja

Electricity consumers in Abuja have accused the Abuja Electricity Distribution Company, AEDC, of exploitation and undue profiteering, while they called on the Federal Government to call the company to order. Electricity-newThe customers, who spoke to  Vanguard,  alleged that the company…

Why Nigeria SMEs Fade Away With First Generation

by Omoigui-Okauru The question of why Nigeria has not been able to sustain generations of successful businesses has been addressed differently by experts, but former Federal Inland Revenue Service (FIRS) Executive Chairman, Mrs. Ifueko Omoigui-Okauru, attributed it to poor visual…

63 Percent Reduction In E-Payment Fraud– NeFF

Nigeria Electronic Fraud Forum (NeFF) has said that loss arising from electronic payment fraud has fallen by 63 percent. Chairman of the Forum and Director, Banking and Payment System Department, Central Bank of Nigeria (CBN), Mr. Dipo Fatokun disclosed this…

Agric Infrastructural Investments Wanted

A consultant to the World Bank, Prof Abel Ogunwale, has advised the government to invest in infrastructure and value-added production. Ogunwale, a lecturer in Agricultural Extension and Rural Development, Faculty of Agricultural Sciences, Ladoke Akintola University, Ogbomosho, Oyo State, noted…

MTN Resigns Nigeria CEO Ikpoki,

Tele communications giant, MTN today announced the resignation its Nigerian CEO resignation, Michael Ikpoki. The sudden resignations came at a time the company is trying to pay a $5.2 billion (R71 billion) fine imposed on the company by the Nigerian…