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MTN Unveils 4th Edition of mPulse Spelling Bee MTN Nigeria on Wednesday announced the fourth edition of the mPulse Spelling Bee Competition. This year’s edition began on Aug. 21, and incorporates a blend of digital and on-site models, with the initial two rounds taking place on the MTN mPulse website. The grand finale of the […]

Nigeria Secures $3bn Investment in Steel from India Nigeria President Bola Tinubu has successfully attracted a $3 billion investment pledge into the steel sector from Indian investors, to boost the country’s economic growth performance. This is according to a statement by Mr Abdullahi Haruna, Special Assistant, Media and Publicity to Minister of Steel Development, Prince […]

Airtel Partners Device Manufacturers to Drive 5G Adoption Airtel Nigeria has partnered with renowned device manufacturers to drive 5G adoption., the telecom giant said on Wednesday. Chief Commercial Officer, Airtel Nigeria, Mr Femi Oshinlaja, said in a statement that the partnership was in line with the company’s commitment to enhance innovation, improve customer experience and […]

Investors Lose N26bn to Profit-Taking in Stock Market Equities investors on the Nigerian Exchange (NGX) lost more than N26 billion midweek as the stock market backflips due to profit-taking activities in the consumer goods, and banking sectors. Following a good start to the day, the Nigerian Exchange recorded late profit-taking activities across DANGSUGAR (-4.8%) and […]

FG Pledges Better Funding for Health Sector Health Sector: The Special Adviser to President Bola Tinubu on Health, Dr Salma Anas, on Wednesday, said plans were underway to improve governance, accountability mechanisms, and transparency in funding allocation and expenditure in the health sector. Anas stated this in Abuja during the 30th anniversary celebration of “Options,” […]

NERC Approves Increase in Cost of Prepaid Meters Prepaid Meters: The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the cost of obtaining prepaid electricity meters in the country. This is contained in a NERC ‘order’ signed on Tuesday by its Chairman, Mr Sanusi Garba and the Commissioner, Legal, Licensing & Compliance,  Mr […]

Oil Hits 10-Month High Over Supply Tightening Oil hit a 10-month high on Wednesday as a result of supply tightening by members of the Organisation of Petroleum Exporting Countries and allies (OPEC+). Consolidating position further, the West Texas Intermediate crude oil rose to a fresh 10-month high on Wednesday as traders assess the impact of […]

Fitch Flags Nigeria’s FX Reserves for Transparency Issue Fitch Ratings has flagged Nigeria’s external or foreign currency (FX) reserves balance for transparency issues following the recent audited report released by the Central Bank of Nigeria (CBN). In a report, the global ratings agency noted that the audited report blocked reliable assessment of Nigeria’s net external […]

The Peoples Democratic Party (PDP) has rejected the verdict of the Presidential Election Petition Court (PEPC) which affirmed the election of President Bola Tinubu on Wednesday. A statement issued after the court ruling by Debo Ologunagba, National Publicity Secretary, stated: “Few moments ago, the Presidential Election Petition Court (PEPC) delivered Judgment in the Petition filed […]

The Presidential Election Petitions Court delivered a 12-hour marathon judgment on Wednesday, throwing out the petitions of the Allied Peoples Movement (APM); the petitions of the Peoples Democratic Party (PDP) and its flag bearer, Atiku Abubakar; as well as the petitions of Labour Party (LP) and its presidential candidate, Peter Obi. Tinubu had been declared […]

Legal luminary, Ebun-Olu Adegboruwa SAN, says the Presidential Election Petition Tribunal’s dismissal of cases against Bola Tinubu’s victory should spur sober reflection, not tension. He believes the verdict was unsurprising given the law’s presumption of election regularity. In a statement following the Abuja ruling, Adegboruwa noted the heavy burden placed on petitioners to upturn results. […]

President Bola Tinubu has welcomed the Presidential Election Petition Tribunal verdict dismissing legal challenges to his electoral win. He promised renewed commitment to delivering his vision of a unified, peaceful and prosperous Nigeria. In a statement from the State House, Tinubu commended the tribunal’s diligence, thoroughness and professionalism in interpreting the law. He stated the […]