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Daily Archives: June 7, 2019

‘Non-passage of CNI bill may hinder 70% broadband penetration target’

‘Non-passage of CNI bill may hinder 70% broadband penetration target’

As operators look to achieving 70 per cent broadband penetration in another five years, failure of the National Assembly (NASS), to pass the Critical National Infrastructure (CNI) Bill, might become a major hindrance. Having crossed the 30 per cent target ...

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FAAN rallies airlines, operators to improved airport infrastructure plan

FAAN rallies airlines, operators to improved airport infrastructure plan

The Federal Airports Authority of Nigeria (FAAN) has entered into a partnership with the Airline Operators of Nigeria (AON) and Airline Operating Committee (AOC) towards improving services at airports nationwide. The move, which is an initiative of the new Managing ...

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‘Crisis of confidence in capital market will dampen investors’ appetite for stocks’

Bears retain market hold amid depreciation in bellwether stocks

The increasing crisis of confidence in Nigeria’s stock market will further erode investors’ confidence, and slow down buying interests, analyst at Investdata Consulting Limited, has said. Specifically, the Chief Research Officer, Investdata, Ambrose Omodion, said there is already a panicky mode, ...

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