Connect with us

Business

Enugu Govt orders New Artisan cattle traders to remove residential structures within 7 days

Published

on

• Rt. Hon. Anya addressing Leadership of New Artisan Market
Spread the love

…bans all markets from operating at night   

The Enugu state government has said that the era of sleeping in the New Artisan cattle market or any other market in the state is gone.

Addressing the leadership of Cattle traders at New Artisan Market on Thursday, the Chairman of Enugu Capital Territory Development Authority (ECTDA) Rt. Hon. Uche Anya said the move became necessary to stem the influx of criminal elements that have been dislodged from the cattle market at Lokpanta cattle market in Abia state.

Hon. Anya added that the decision is also in line with the determination of the administration of Governor Peter Mbah to make the state safe by providing adequate security to all and sundry.

The ECTDA Boss maintained that it’s necessary to agree on a time the market must close and a time for it to be opened for daily business, adding that the state government is ready to work with their own security arrangement after vetting them.

“This meeting is in line with the directive of the Governor on the need to secure your market and ensure that nobody comes into your market to start fermenting trouble. Your market will open in the morning and close in the evening just as it’s obtainable anywhere in the world.

Maduka College Advert

“We don’t want anyone sleeping there again, we will provide security and we’re ready to work with your own security but we must register them after which they will be issued an identification card.

“We don’t want any of those people to enter New Artisan Market and while at it, we will be at alert to ensure intruders don’t enter the market. We need Artisan market to be safe and clean!”

Dr. Anya while stating that this directive will be replicated in all the markets in the state irrespective of what is sold there, added that all forms of street trading in the state is prohibited.

He also added that those trading at the round-about should move inside the market as the area isn’t a market place and the taskforce will start implementation of the order very soon.

Responding, the chairman of the market, Danladi Abubakar raised the issue of the peculiarity of livestock market, adding that the current location of the market is a temporal place and those sleeping their have their families.

But the ECTDA boss maintained that security takes prominence in this discussion and nobody will be allowed to live in any place they’ve a market.

In his submission, the vice chairman of New Artisan Market, Alhaji Aminu pleaded with the state government to allow them get back to their people and come up with a time the market can open and close daily.

Hon. Anya who reiterated the human face of the government, urged them to take the state as their place and understand the premium the government is placing on security.

Business

Dollar to Naira exchange rate today, September 23, 2026

Published

on

Naira rebounds to 1,275/$ at parallel market
Spread the love
The Nigerian naira is trading at different rates against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market on Wednesday, September 23, 2026.

The latest available data show that the naira strengthened to N1,327.78 per dollar at the NFEM on Tuesday, from N1,329.80 recorded on Monday.

The latest movement represents a N2.02 appreciation by the naira against the dollar on a day-to-day basis.

In the parallel market, the dollar was quoted at about N1,389 on Tuesday, down from N1,390 recorded the previous day.

The parallel-market rate puts the gap between the official NFEM rate and the street-market selling rate at about N61.22 per dollar.

At the parallel market rate of N1,389, customers buying $100 would need approximately N138,900, while $1,000 would cost about N1.389 million.

Maduka College Advert

The exchange rate available to individuals and businesses may vary depending on the dealer, location, transaction size and prevailing market conditions.

The naira’s recent performance has come amid developments in Nigeria’s foreign exchange market, including changes in dollar liquidity and monetary policy.

The Central Bank of Nigeria has continued to monitor conditions in the foreign exchange market as the naira trades around the N1,300-per-dollar level at the official market. Reuters also reported in September that the naira had remained relatively stable, supported by central bank dollar sales and subdued import demand.

For Wednesday, September 23, the latest confirmed figures put the dollar at N1,327.78 at the NFEM and around N1,389 in the parallel market.

The rates could change during the day as demand and supply conditions shift across both markets.

Continue Reading

Business

Enugu Air Launches New Website

Published

on

Spread the love

…moves online services to www.enuguairlines.ng

Enugu Air has announced the launch of its new official website, enuguairlines.ng, as part of efforts to provide passengers and customers with a better, safer and more convenient digital experience.

The airline said the migration to the new website is designed to improve how passengers connect with Enugu Air and access its services online, including flight bookings, schedules and the latest updates.

Announcing the development, the airline said: “We’ve moved! We’re innovating! We’ve migrated to a better, safer and convenient website to connect you to the world.”

Passengers can now access Enugu Air’s online services through its new web address, enuguairlines.ng, which the airline described as its new digital home.

The airline urged passengers and prospective travellers to save the new web address and use it for flight bookings, checking schedules and obtaining the latest information about its operations.

Maduka College Advert

“Same Enugu Air. New web address,” the airline stated, emphasising that the change represents an improvement in its digital platform while retaining the Enugu Air brand and services.

The airline further encouraged customers to visit, www.enuguairlines.ng for all flight-related information and online services.

It further stated that the old website, enuguairlines•com has been discarded and no longer in use.

Continue Reading

Business

Nigeria records 8.51m terabytes of data use in first half of 2026

Published

on

Nigerian Communications Commission
Spread the love

Nigerians consumed a record 8.51 million terabytes of data in the first half of 2026, underscoring the country’s accelerating shift toward a digital-first economy.

Data from the Nigerian Communications Commission (NCC) confirmed this. Specifically, in January, consumption was 1.385 million terabytes; February, 1.260 million terabytes and March, 1.422 million terabytes.

In April, consumption was 1.414 million terabytes. It climbed to 1.504 million terabytes in May and 1.532 million terabytes in June.

In 2025 alone, Nigerians consumed over 13.2 million terabytes of data, a 35 per cent increase from 2024, reflecting how connectivity has become essential for daily life.

The surge in consumption was driven largely by the twin giants of the telecom sector, MTN Nigeria and Airtel Nigeria, whose half-year reports revealed data services have firmly overtaken voice as the primary revenue stream.

Maduka College Advert

According to industry figures, average monthly data usage per subscriber rose sharply, reflecting the growing reliance on mobile broadband for work, entertainment, and commerce.

Streaming platforms, social media, fintech apps, and remote work tools have all contributed to the spike in demand.

MTN Nigeria reported that its 55.7 million active data subscribers consumed an average of 14.8 gigabytes per month, representing a 15.2 per cent increase year-on-year. Overall, MTN’s data traffic surged by 25.8 per cent across its network in the period.

This translated into a massive N1.70 trillion in data revenue, a 38.4 per cent jump compared to the same period in 2025. Data now accounts for more than half of MTN’s total service revenue, dwarfing its voice earnings of N993.5 billion, which grew at a modest 12 per cent.

Airtel Nigeria also posted strong numbers, recording N691 billion in data revenue ($507 million). While Airtel’s voice services contributed to a combined N1.42 trillion in voice earnings alongside MTN, the clear trend is that data has become the dominant driver of growth.

Together, MTN and Airtel generated N2.4 trillion from data services in H1 2026, cementing their role as the backbone of Nigeria’s digital economy.

MTN invested N620.5 billion in capital expenditure during the period, focusing on expanding 4G coverage, scaling 5G rollout, and strengthening fibre infrastructure. The company’s aggressive push into next-generation networks is aimed at meeting the surging demand for high-speed connectivity.

Airtel, meanwhile, faced challenges with fibre cuts and vandalism, forcing reinvestments to stabilize its network. The operator is blending 5G expansion with satellite partnerships to extend coverage into rural and semi-urban areas, where demand for reliable Internet is rising.

Despite these investments, many consumers continue to express dissatisfaction with service quality. Complaints of slow speeds, unstable connections, and high costs remain widespread, highlighting the gap between consumption growth and infrastructure capacity.

The NCC has repeatedly urged operators to deepen investments in fibre, towers, and spectrum to sustain the country’s digital transformation. Analysts note that the sector is undergoing a structural shift from voice-first to data-led growth, with internet connectivity now central to economic activity.

Industry experts predict that Nigeria’s data consumption will continue to rise exponentially as smartphone penetration increases and more services migrate online. The rollout of 5G is expected to further accelerate usage, enabling innovations in fintech, e-commerce, healthtech, and entertainment.

The consumption of 8.51 million terabytes in H1 2026 marks a historic high for Nigeria’s telecom industry. It reflects not only the appetite of a digitally hungry population but also the broader transformation of the economy.

With MTN and Airtel leading the charge, the challenge now lies in improving service quality, expanding infrastructure, and ensuring affordable access for millions of Nigerians. As data becomes the lifeblood of communication and commerce, the telecom sector’s ability to keep pace with demand will determine how effectively Nigeria harnesses the opportunities of the digital age.

Continue Reading

Trending

Maduka College Advert