News

Nigeria’s Debt Servicing Gulps $2.2bn in Five Months, Plans More World Bank Loans, Says CBN

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said that Nigeria will be getting some funds from the World Bank in a few weeks. The latest data from the Central Bank of Nigeria has revealed that the federal government spent about $2.2 billion on debt servicing in the first five months of […]

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Financial

NNPCL Denies Inflating Petrol Subsidy by N3.3trl Under Ex-President Buhari

The Nigerian National Petroleum Company Limited has denied reports, that it inflated the subsidy on Premium Motor Spirit by N3.3tn during the administration of former President Muhammadu Buhari. A statement by its spokesperson, Olufemi Soneye, on Monday, argued that its subsidy claims were verifiable, stressing that all relevant records on subsidy had been sent to […]

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Business

Over 30 Million Corp Members Set to Acquire Digital Skills as NITDA, NYSC Launch Initiative 

The National Information Technology Development Agency (NITDA), in partnership with the Ministry of Youth and Sports Development and the National Youth Service Corps (NYSC), has launched a comprehensive initiative to enhance digital literacy for corpss across the nation. The strategic partnership underRoadmap and Action Plan (SRAP 2.0), which was formalised at the NYSC Secretariat in […]

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News

Dangote Unveils $100m CDK Truck Plant of 10,000 Annual Capacity as  Lagos Places 100 Pieces Order for LAWMA

The multi-million dollar world-class Dangote Sinotruk West Africa Ltd CKD Plant established by the business mogul, Aliko Dangote was has been unveiled with a call on other eminent Nigerians to emulate Mr Aliko Dangote in using their wealth to benefit the nation. At the unveiling, the Governor of Lagos State, Babajide Sanwo-Olu,  announced his administration’s […]

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Business

MTN Nigeria Y’ello Care 30th Anniversary Begins Targets Education as Priority Activity 

ICT company, MTN Nigeria has announced the 17th edition of its flagship employee volunteer initiative, Y’ello Care, where MTNers have the unique opportunity to contribute their resources – time, money and more – towards worthy causes. Themed “Learn Today, Lead Tomorrow”, this year’s edition, which will be for 30 days in commemoration of the 30th […]

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News

Nigerian Sailor “Kola” to Compete for Team US Navy 2024 Warrior Games

A sailor from Lagos, Nigeria, will join more than 250 seriously wounded, ill, and injured service members and veterans at the Department of Defense (DOD) Warrior Games Challenge June 21-30, 2024, at ESPN Wide World of Sports in Orlando, Florida. Navy Seaman Kolawole “Kola” Arubuolawe will be competing against athletes representing the U.S. Army, U.S. […]

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Financial

JUST IN: Airtel Africa Invests $1.2m in Training & Devt, Connects 1,200 Schools in UNICEF Partnership

The  advancing digital learning project of  Airtel Africa, which cuts across Africa in  five-year plan gupls $57m partnership with UNICEF, and connects almost 1,200 schools to the internet and providing free access to online educational platforms to thousands of students. The Airtel Africa,  2024 Sustainability Report which was released today showed much the provider of […]

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Gadgets and Device

Tecno Releases 6 Selling Points of POVA 6 Neo

Markers of  TECNO POVA 6 Neo brand of smartphone has unveiled what the company, Tecno called the  five compelling selling points of the device. A statement from company said that the TECNO POVA 6 Neo has a massive 7000mAh battery, that ensure  staying  connected, productive, and entertained for days without frequent recharges. At the heart […]

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Business

NITDA Moves to Implement Nigeria Startup Act with Setup of Committee

The National Information Technology Development Agency (NITDA) has taken a significant step towards driving the implementation of the Nigeria Startup Act (NSA) with the inauguration of a Startup Labelling Committee. The committee, inaugurated by Director General of NITDA, Kashifu Inuwa, comprises representatives from both the public and private sectors. The NSA, enacted on October 19th, […]

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Business

Dangote Refinery Set to Boost Nigeria’s GDP Target of $1tril by 2020

The 650,000bpd Dangote Petroleum Refinery has been described  as the 9th wonder of the world. And the founder cum Chairman of the Dangote Group, Mr Aliko Dangote assured that the refinery will boost Nigeria’s GDP target of $1 trillion by 2030. Senate President, Godswill Akpabio, who led the leadership of the 10th Senate on a […]

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