January 23, 2021
  • January 23, 2021

Nigeria economic trajectory and outlook for 2021

by on January 22, 2021 0

By Harrison Eromosele  Everyone agrees that 2020 was a peculiar year. Economies across the globe experienced turbulent challenges due to the disruption caused by the outbreak of Covid-19. In Nigeria, following two consecutive quarters (Q2, 2020 and Q3, 2020) of negative growth, the National Bureau of Statistics (NBS) officially announced that the country’s economy...

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Nigeria extends deadline for mobile phone subscribers to link SIM Card with NIN to Feb 9

by on January 20, 2021 0

Nigeria has extended the deadline for the mobile phone subscribers to link their SIM Card database with their National Identification Number (NIN) to February 9 from January 19, 2021. In a statement, the Association of Licensed Telecommunications Operators of Nigeria (ALTON) said it received formal confirmation from the Nigerian Communications Commission (NCC) that President Muhammadu...

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Nigeria lifts ban on SIM Card replacement for NIN holders

by on December 31, 2020 0

By Samuel Bankole Nigeria has again readjusted its policy on SIM Card database update as it lifted the earlier suspension order on replacement and activation of old Subscriber Identification Module (SIM) card for subscribers with NIN. What that means is that person who have already enrolled and obtained the National Identification Number (NIN) could...

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Compelling need to review CBN policies on minimum savings rate, abolition of s/deposit by MSMEs~Obadan

by on December 23, 2020 0

By Mike Obadan   The financial sector has continued to demonstrate soundness and resilience even under a debilitating covid-19 environment. The performance confirms the robustness and efficacy of the monetary policy measures.  However, although the CBN’s measures influenced interest rates downwards, lending rates are still high and there is unacceptable disparity between lending and...

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Nigeria extends deadline for SIM Card update with NIN till Feb 9

by on December 21, 2020 0

By Oludare Mayowa   Nigeria on Monday said it has approved the extension of the deadlines for mobile telephone subscribers to update their database with their National Identification Number (NIN) to February 9, 2021, from December 30 2020.   In a statement by the ministerial task force and signed by the executive vice-chairman of...

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Nigerians blast NCC, Minister over SIM Card registration directive

by on December 16, 2020 0

By GFDNews correspondents The Nigerian Communication Commission (NCC) and the Minister of Communications and Digital Economy, Isa Ali Pantami are under fire from Nigerians over the directive that mobile phone users should update their SIM Card with the valid National Identification Number (NIN) before the end of 2020 after which their SIM would be...

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Nigeria asks telecoms firms to block SIM without subscribers’ NIN

by on December 15, 2020 0

* Telcoms subscribers to update SIM records before Dec 31 * National Identification Number mandatory for SIM registration * SIM without NIN will be blocked By Oludare Mayowa Nigeria has directed telecoms firms to ask all their existing subscribers to update their SIM registration records with valid National Identification Number (NIN) before the end...

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