Category Archive

9mobile confirms network disruption

Emerging Market Telecommunications Services Ltd.,(EMTS) trading as 9mobile former Etisalat, has informed its subscribers of some disruption in its services. The Vice President, Regulatory and Corporate Affairs, 9mobile, Mr Ibrahim Dikko disclosed this in a statement in Lagos. “We would…

Nigeria’s revenue shrinks by N184.2b

Revenue shared by Nigeria’s Federal, states and local governments slumped to N467.8 billion in August, N184.2 billion less than the N652 billion shared in July. Kemi Adeosun, minister of finance said the shared amount was inclusive of Value Added Tax…

CBN: Forex monthly demand jumps to N588b

The demand for foreign exchange (forex) has continued to rise despite the drop in forex earnings by the Federal Government, it was learnt yesterday. Central Bank of Nigeria (CBN) Governor Godwin Emefiele said yesterday that the average monthly import bill…