30 results
- 12 Jan 2018
NCC Urged To Be Tougher on Erring Network Providers
Nigerian Communications Commission (NCC) has been urged to place tougher sanctions on erring network providers that fail to comply with the commission’s directive on quality of service. Some…
- 8 Jul 2016
Reps to Strengthen Capital Market Laws to Sanction Erring Operators
Yakubu Dogara, speaker, House of Representatives on Friday said that the parliament would strengthen capital market laws to empower regulators to sanction erring operators. Dogara said this at a news…
- 11 Jul 2022
NAICOM Threatens Fresh Sanctions on Erring Insurance Companies
After wielding big sticks against Standard Alliance and Niger Insurance, the National Insurance Commission has threatened to withdraw the licenses of more erring companies in a bid to sanitise the…
- 10 Jun 2024
NIMC Threatens Regulatory Sanctions on Erring Partners, Agents for Data Breach
National Identity Management Commission (NIMC) has threatened to sanction erring Licensed Verification Agents, Front End Partners (FEPs), and Diaspora FEPs over data breach. To this end, it has…
- 1 Dec 2018
NCC Threatens to Sanction Erring Telecom Service Providers
The Nigeria Communication Commission (NCC) said it would sanction service providers who fail to abide by the regulations of the commission in dealing with their consumers. This is coming as the…
- 26 Jun 2024
Subscription Hike: CCPT “Erred in Law”, Multichoice Claims in Appeals against N150m Fine
Multichoice Nigeria has appealed the ruling of the Competition and Consumer Protection Tribunal (CCPT) which imposed a fine of N150 million and “free monthly subscription order” on it. The Pay TV…
- 17 Jul 2013
NBC Bans Ramadan Tafsir, Threatens Erring Stations
National Broadcasting Commission (NBC) yesterday urged television stations across the country to stick to the guidelines for the broadcast of Ramadan Tafsir, which, among others, ban the broadcast of…
- 13 Feb 2015
SEC, NAICOM Pledge Collaboration to Sanction Erring Companies
Securities and Exchange Commission (SEC) and the National Insurance Commission (NAICOM) will collaborate for better enforcement against insurance companies who misappropriate funds raised from the…
- 29 May 2018
NBC to Sanction Erring Broadcast Station on Political Reporting Code
National Broadcasting Commission (NBC), has reiterated its vow to deal with any broadcast media that violates its code on political reportage. Mallam Modibbo Kawu, director general of NBC, gave the…
- 24 Aug 2017
Hate Speech: FG Directs NBC to Sanction Erring Stations
Federal government has directed the National Broadcasting Commission (NBC) to sanction any radio or television station that broadcasts hate speech, as part of efforts to stem the growing tide of hate…
- 5 Sept 2025
Customs Unveils Automated Excise Register System
Nigeria Customs Service (NCS) has said that it has gone live with its automated excise register system (ERS). An excise register system is the official record-keeping and monitoring framework used by…
- 26 Feb 2024
Dead European Satellite Crashes Back to Earth
A satellite that has been in orbit for nearly 30 years has fallen back down through the Earth's atmosphere, the European Space Agency (Esa) has said. ERS-2 , the dead European satellite weighing…
- 21 Feb 2020
CBN Refunds Over N60Bn Excess Bank Charges to Customers
Central Bank of Nigeria (CBN) has so far recovered over N60 billion from erring banks as excessive charges imposed on customers, according to Mr. Isaac Okoroafor, director, Corporate Communications,…
- 6 Aug 2021
CAC to Sanction Fraudulent Registration Processes
Mr Garba Abubakar, registrar general/CEO, Corporate Affairs Commission (CAC), has warned that he would take drastic measures against any erring professional who indulged in sharp practices while…
- 26 Mar 2019
Enyo Retail Launches Enyo Olowo-Eko
Enyo Retail & Supply (ERS) an indigenous Oil & Gas distribution and marketing company recently launched its Ultra-modern fuel station in the Lekki axis of Lagos State. The elaborate ceremony…
- 22 Aug 2016
CBN Accuses Banks of Round Tripping, Mulls Punishment
Central Bank of Nigeria (CBN) yesterday accused banks of foreign exchange (forex) round tripping and vowed to mete out sanctions on erring institutions. Forex round-tripping or arbitrage refers to a…
- 27 Feb 2015
Emirates Increases Capacity on Double Daily Nairobi Service
Emirates, a global connector of people and places, will connect even more people with Kenya’s capital, Nairobi, when it switches from the current Airbus A330-200 aircraft used on one of the two daily…
- 25 Mar 2015
NCC Appeals N500m Damages Award to APC
Nigerian Communications Commission (NCC) has gone to the Court of Appeal seeking to overturn the ruling of Justice Ibrahim Buba of the Federal High Court, Lagos that the commission pay the sum of…
- 6 Feb 2020
MTN Phases Out Scratch Cards in Rwanda
MTN Rwanda has announced that it will phase out the sale and distribution of physical airtime vouchers as of February 15, 2020. Airtime will only be purchased and loaded through MTN’s digital…
- 4 Dec 2013
CBN Refunds N10Bn Arbitrary Charges to Customers
The Central Bank of Nigeria (CBN), has announced that it had refunded N10 billion to commercial bank customers between 2012 and September 2013. Mr Ibrahim Hassan, assistant director, Consumer…
- 1 Jan 2015
Court Strikes Out N47.1Bn Theft Charge against Akingbola
Court of appeal in Lagos on Wednesday struck out a N47.1 billion theft charge against Erastus Akingbola, former managing director of Intercontinental Bank Plc. Akingbola was charged by the Economic…
- 23 Jan 2016
Angry Shittu Berates Telcos Over Poor Customer Service
Mr. Adebayo Shittu, minister of Communications, has lamented the way and manner Nigerians, especially women, are been treated by the telecommunications companies, in their desperate bid to comply…
- 9 Apr 2013
NESREA Threatens Sanctions for Environmental Defaults
Dr. Ngeri Benebo, director general, National Environmental Standards and Regulations Enforcement Agency (NESREA) has said that the agency will sanction organisations that failed to adhere to the…
- 14 Mar 2019
NSE Slams N434m Fines on 36 Firms over Default
Nigerian Stock Exchange (NSE) has fined about 36 quoted companies N434.1 million for failure to file their audited financial statements after the regulatory due date. Checks by New Telegraph…
- 21 Jun 2010
Twelve Courier Firms Lose Operating Licenses
Courier Regulatory Department (CRD) of the Nigerian Postal Service has revoked the operating license of 12 courier firms for their involvement in unethical conduct and non-renewal of their license.…
- 18 Oct 2017
FG Warns of High Increase in Illegal Kidney Harvest
The federal health ministry has written the Nigerian Medical Association (NMA) to warn all doctors in relevant specialties to “be aware so that Nigerians will be circumspect while embarking on…
- 17 Apr 2014
COREN to Sue MDAs that Award Contracts to Non-members
Council for the Regulation of Engineering in Nigeria (COREN) has cautioned Ministries, Departments and Agencies (MDAs) in Nigeria to avoid awarding construction contracts to quacks and unregistered…
- 26 Jun 2017
Emirates Unveils Exclusive Offer for Passengers on Economy Class
Emirates Airlines as a firm believer in the popular saying “nothing endears passengers than an exhilarating experience on board flight”, has launched an exclusive offer the class of customers. Truly,…
- 10 Jun 2016
Banks Halt Retrenchment, Labour Hands Banks 21-Day Ultimatum to Reverse Sack
Nigerian Bankers’ Committee at their 327th meeting in Abuja on Thursday agreed to halt the spate of recent mass sack in the industry. This came as the Nigeria Labour Congress (NLC) and the Trade…
- 13 Feb 2016
NCC to Sanction GSM Providers over Dropped Calls
Prof. Umar Danbatta, executive vice-chairman/CEO, Nigerian Communications Commissions (NCC), on Friday, said the Commission would sanction telecommunication operators who defraud Nigerians through…