• Importation Of Lottery Technology Costs Nigeria N25bn Annually

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    Despite efforts by the federal government to conserve scarce foreign exchange, facts have emerged that operators of lottery business in Nigeria annually spend an average of N25 billion to acquire, deploy and maintain lottery technology. Disclosing this in Lagos, managing director and CEO of Lotgrand, operator of Grandlotto Yellow Terminal brand, Niyi Adekunle whose company…

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    Systemspecs Moves To Deepen CBN’s e–Payment Drive

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    Systemspecs Limited, promoter of Remita platform used by the federal government for its Treasury Single Account (TSA) said they are on the same page with the Central Bank of Nigeria (CBN) to deepen electronic payments and reduce heavy reliance on cash in Nigeria this year. Mr. John Obaro, managing director, Systemspecs Limited said although Nigeria…

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    Telecoms Operators Set For Tariff Hike

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    Telecommunication subscribers in the country may be in for a rough year as the network operators are said to be considering another increase of their tariffs soon in order to sustain services amidst a tough operating environment. Sources within the industry told LEADERSHIP Weekend that the major reason for the planned hike, according to the…

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    ‘Huge Investments In Agriculture, Infrastructure Panacea For Recession’

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    Economic analysts have urged the federal government not to relent in its determination to formulate policies that will boost the agriculture sector and ensure massive investment in infrastructure, if the country is desirous of exiting recession this year. In chats with LEADERSHIP, the analysts commended the federal government’s efforts in making the agricultural sector of…

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    Bundesliga Is Better Than Premier League – Okocha

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    Nigerian soccer legend, Austin Jay Jay Okocha has rated the German Bundesliga higher than the English Premier league. Speaking at an interactive session with newsmen in the StarTimes, DFL Deutsche Fussball Bundesliga Legend Tour in Lagos yesterday, the former Super Eagles captain insist the German league is better than Premier League in terms of tactical…

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  • FinTech: Remita As Catalyst For Economic Devt

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    Tomorrow’s economy will be built on digital finance as the world looks for alternative and faster ways to achieve inclusive growth, empowering individuals, businesses and governments to carry out cheaper and more effective transactions. The McKinsey report for September 2016 reinforces this projection. Tagged ‘Digital finance for all: Powering inclusive growth in emerging economies’, the…

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    Between NCC, Telcos And Subscribers Data Floor Price

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    The Nigerian Communications Commission (NCC), the telecoms industry regulator, on Wednesday last week, suspended the re-introduced interim price floor for data services, and asked all operators to revert to the old price floor, and to maintain the status quo until the conclusion of study to determine retail prices for broadband and data services in Nigeria….

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    Senate Probe: Telcos Blame OTT, Inflation For Data Floor Hike

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    Mobile network operators have attributed the recent hike in data price that was aborted last week to the rise of headline inflation to about 18.3 per cent. They also blamed it on what they described as  depletion of mobile network operators’ revenues by unlicensed providers of Over-The-Top (OTT) telecoms services. MTN Nigeria chief executive officer,…

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    2017 Will Be Good For Businesses, Experts Project

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    Having faced one of its most trying times, there is a rising optimism in the Nigerian business environment that the fortunes of the country would turn for the better in 2017. Analysts and business operators say with the various reforms in the country, the economy is expected to pick up from its current state of…

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