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4 weeks ago | 
thisdaylive.com | Adedayo Akinwale |Adeyinka Salami |Emmanuel Okonji
Emma OkonjiBroadband penetration in Nigeria has maintained a steady increase in the last one year, to reach 45.61 per cent with a total subscription of 98.8 million as at January 2025, according to the latest statistics released by the Nigerian Communications Commission (NCC). This was as the telecoms contribution to Gross Domestic Product (GDP) dropped from 16.36 per cent in Q2 2024 to 13.94 per cent in Q3 2024, according to the same NCC’s statistics.
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1 month ago | 
thisdaylive.com | Kayode Tokede |Peter Uzoho |Emmanuel Okonji
Kayode Tokede The Nigerian stock market yesterday sustained its profit-taking activities as losses in BUA Cement Plc (10 per cent drop) and 21 others pulled the overall market capitalisation lower by N266 billion. As a result of investors’ profit-taking, the Nigerian Exchange Limited All-Share Index (NGX ASI) declined by 423.48 basis points or 0.40 per cent to close at 105,375.69 basis points.
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1 month ago | 
thisdaylive.com | Blessing Ibunge |Adeyinka Salami |Emmanuel Okonji |Deji Elumoye
Emma OkonjiThe Nigeria Computer Society (NCS), the umbrella body for all information technology (IT) professionals in Nigeria, has condemned the suspension of Remita services from the Treasury Single Account (TSA) by the federal government. The Office of the Accountant General of the Federation (OAGF) recently clarified that Remitta remains the Central Bank of Nigeria’s (CBN) approved payment gateway and had said the federal government had not discarded the platform.
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1 month ago | 
thisdaylive.com | Michael Olugbode |Emmanuel Okonji |Adeyinka Salami |James Sowole
Emmanuel Ugwu-Nwogo in UmuahiaAs farming season fast approaches, the federal government has been urged to take all necessary measures to remove all encumbrances on farm lands so that food production can resume across the nation. The Vice-chancellor of Michael Okpara University of Agriculture Umudike (MOUAU), Professor Maduebibisi Ofo Iwe, made the call at a media chat to mark his fourth anniversary in office.
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2 months ago | 
thisdaylive.com | Kayode Tokede |Peter Uzoho |Emmanuel Okonji
Kayode TokedeThe local stock market yesterday recovered from loss as investors’ demand for BUA Foods Plc and 24 others pushed the market capitalisation up by N505 billion. The Nigerian Exchange Limited All-Share Index (NGX ASI) gained 938.53 basis points, or 0.87 per cent to close at 108,609.51 basis points. Also, market capitalisation rose by N505 billion to close at N67.684 trillion.
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2 months ago | 
thisdaylive.com | Ndubuisi Francis |Deji Elumoye |Emmanuel Okonji
Nume EkegheParthian Partners Limited has been appointed Joint Issuing House for the N100 billion Series II Issuance under the N1 trillion MOFI Real Estate Investment Fund. The firm noted that the appointment marked a major step in addressing Nigeria’s housing deficit through innovative financing. As a Joint Issuing House, Parthian Partners would play a pivotal role in structuring and managing the issuance, leveraging its extensive experience in capital markets and financial advisory services.
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2 months ago | 
thisdaylive.com | Ndubuisi Francis |Deji Elumoye |Emmanuel Okonji
•Launches N100bn Series 2 offeringNdubuisi Francis and Onyebuchi Ezeigbo in AbujaThe federal government has again underscored the importance of private sector involvement in expanding the housing sector, as the Ministry of Finance Incorporated (MOFI) launched N100 billion Series 2 offering under the MOFI Real Estate Investment Fund (MREIF).
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Jan 22, 2025 | 
thisdaylive.com | Emmanuel Okonji
Emma OkonjiAhead of the February date slated for commencement of the implementation of the 50 per cent hike in telecoms tariff that was recently approved by the Nigerian Communications Commission (NCC), telecoms operators have embarked on a recovery process that will lead to improved telecoms services across networks.
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Jan 22, 2025 | 
thisdaylive.com | Emmanuel Okonji
Emma OkonjiGiven the importance of Artificial Intelligence (AI) skills in driving digital transformation globally, the International Telecommunications Union (ITU), the United Nations specialised agency that coordinates global regulation of Information and Communication Technologies (ICTs), has initiated plans to bridge global AI skills gap, through a phased implementation plan.
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Jan 20, 2025 | 
thisdaylive.com | Emmanuel Okonji |Adeyinka Salami
Emma Okonji in Lagos and Oghenevwede Ohwovoriole in AbujaThe Nigerian Communications Commission (NCC) yesterday approved the raising of telecoms tariff by 50 percent in what observers believe was approved in a bid to improve telecom services. In recent times, the quality of services by all telecoms providers have depreciated significantly all service lines. The approved increase was disclosed in a statement signed by NCC Director, Public Affairs, Mr. Reuben Muoka.
