Deposit Money Banks have begun suspending their Automated Teller Machine cards (debit and credit) from working overseas as dollar scarcity continues to hit the economy badly.
Stanbic IBTC Bank, Standard Chartered Bank Nigeria and Guaranty Trust Bank on Friday announced the suspension of their overseas ATM card services.
Also suspended by the banks are online transactions priced in foreign currencies. This means that customers of the banks will no longer be able to use their debit or credit cards to make online […]
The Nigerian Communications Commission, NCC, said it realised N47billion from the sale of spectrum to telcos in the country in the past one year.
NCC recently announced plan to establish additional zonal offices across the country as part of effort to enhance its operations.
NCC’s Chief Executive Officer, Prof. Garba Dambatta, at a press conference yesterday in Abuja, said broadband penetration, which was the cornerstone of the agenda, has improved tremendously, moving from between eight and 10 per cent to 20.95 per […]