The Nigerian Communications Commission (NCC) says the telecoms industry has lost N1.06 trillion to call masking, call refiling and SIM boxing in two years. NCC executive vice chairman, Umar Danbatta, made this known on Thursday at the 85th edition of...
About N435.41bn was withdrawn by foreign portfolio investors from the Nigerian stock market from January to July 2018. CKN News gathered that this was due to the upcoming 2019 general election with the figure being a stark contrast toN236.32bn in...
Banking and other essential services will be grounded from today as workers in the petroleum, financial, maritime and other sectors of the economy begin a nationwide strike as directed by organized labour. This is even as stakeholders in the organized...
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has warned that weak economic fundamentals currently being shown by the Nigerian economy are putting the country’s exit from recession under threat. Recalls that Nigeria’s economy exited recession in...
The son of Angola’s ex-president Jose Eduardo dos Santos was remanded in custody in a $1.5-billion corruption case, a state prosecutor said on Monday. “Given the complexity and seriousness of the deeds and in order to guarantee an effective enquiry…...
Nigerian traders have stormed the Economic Community of West African States (ECOWAS) Secretariat in Abuja on Monday. The traders under the National Association of Nigerian Traders stormed the place in protest against the closure of shops belonging to Nigerians in...
Budget and National Planning Minister Udoma Udoma has said the President Muhammadu Buhari government has moved 10 million Nigerians out of poverty. Udoma made the claim in Abuja on Tuesday while unveiling plans for the 24th Nigerian Economic Summit (NES#24). According...
Air Peace is on the verge of making history as the first airline in West Africa to acquire 10 brand new 737 MAX 8 aircraft, after signing an agreement with Boeing Corporation on Thursday. Air Peace already operates Boeing 737s...
President Muhammadu Buhari and his Chinese counterpart, Xi Jinping, are set to sign an agreement on the National Information and Communication Technology Infrastructure Backbone Phase II (NICTIB II). Buhari’s media aide Garba Shehu made this known in a statement on...
The Director-General of the Consumer Protection Council (CPC), Babatunde Irukera, has said it is a violation of the order of the court for MultiChoice Nigeria to continue to collect the new rates from its DStv and GOtv subscribers. He made...
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