NCC, CAC Tighten Control Over Telecom Ownership Changes
By Oluwakemi kindness The Nigerian Communications Commission, NCC, and the Corporate Affairs Commission, CAC, have introduced stricter regulations governing ownership changes in telecommunications companies operating in Nigeria. Under the new directive, any transfer of ownership involving ten percent or more of the shares in a licensed telecommunications company must first receive a Letter of No […]
NSITF Dismisses Claims of Internal Crisis, Mass Resignations
By Chinedu Echianu The Nigeria Social Insurance Trust Fund (NSITF) has dismissed allegations of a management crisis and mass staff resignations, maintaining that recent staff departures were part of a structured workforce reform aimed at improving operational efficiency. In a statement issued on Friday, the Fund says reports portraying the organisation as being engulfed in […]