Category: Business
The Nigerian Communications Commission arrests fake phone sellers in Kano
02 Dec 2022
The Nigerian Communications Commission (NCC) announced the arrest of three representatives of companies in Kano selling counterfeit and non-type-approved phones. According to the NCC’s enforcement team, the arrested individuals were turned over to the Nigerian Security and Civil Defence Corps (NSCDC) for investigation and further action. The NCC reiterated its warning to Nigerians against purchasing […]
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The Federal Government will earn N28 billion from the satellite concession deal
02 Dec 2022
The Nigerian government has announced the award of an N28 billion research and development satellite internet broadband project over a 15-year period. Manji Yarling, Acting Head of Media and Publicity, Infrastructure Concession Regulatory Commission (ICRC), disclosed this in Abuja on Wednesday after the FEC approved the deal. The project will also help Nigeria fight insecurity. […]
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FXT’s CEO speaks out on company’s bankruptcy
01 Dec 2022
FTX, a cryptocurrency exchange that operated globally, went bankrupt after panicked traders withdrew $6 billion from the company in three days following a series of bombshell allegations. Sam Bankman-Fried admitted it had been a “bad month” since FTX went bankrupt, freezing thousands of people’s savings. The 30-year-old, who once positioned himself as a savior for […]
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