… Telecom giant moves to ease financial pressure amid digital banking expansionAnietie Udobit, AbujaMTN Nigeria has unveiled a sweeping ₦95.5 billion restructuring plan involving the transfer of a 60 percent controlling stake in its fintech businesses to parent company, MTN Group.The restructuring affects MoMo PSB and Y’ello Digital Financial Services,
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… Europe’s fuel crisis opens export opportunities for Nigerian refineryAnietie Udobit, AbujaNigeria’s Dangote Refinery is emerging as a major player in the global energy market after exporting about 1.66 billion litres of refined fuel amid growing disruptions in international supply chains.The development comes as escalating tensions between the United States
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… Nearly 100 contacts monitored after cruise ship outbreakby Anietie Udobit, AbujaThe World Health Organization and South African health authorities are closely monitoring 97 possible contacts linked to a hantavirus outbreak associated with a cruise ship evacuation.Health officials confirmed that passengers evacuated from the vessel to Spain and the Netherlands
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… Real Madrid eye Osimhen as transfer rumours intensifyby Anietie Udobit, AbujaBarcelona have secured consecutive La Liga titles after defeating fierce rivals Real Madrid 2-0 in a decisive encounter.The victory further strengthens manager Hansi Flick’s growing reputation following a remarkable domestic campaign.Meanwhile, transfer speculation surrounding Nigerian striker Victor Osimhen continues
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by Anietie Udobit, AbujaElon Musk’s SpaceX has announced a massive $55 billion investment in a new semiconductor manufacturing facility in Texas.The project is expected to produce advanced microchips for artificial intelligence, robotics and aerospace technologies.Industry experts say the expansion reflects intensifying global competition in semiconductor manufacturing and next-generation technology development.The
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… New directive targets extortion networks and suspicious cash dealingsby Anietie Udobit, AbujaThe Inspector-General of Police has ordered an immediate restriction on Point of Sale operations within 200 metres of police stations nationwide.Police authorities say the move is aimed at tackling corruption, extortion and suspicious financial transactions allegedly linked to
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by Anietie Udobit, AbujaThe Nigeria Democratic Congress, NDC, has formally commenced the sale of expression of interest and nomination forms ahead of the 2027 general elections, setting its presidential nomination form at ₦60 million.The party also announced that its presidential ticket has been zoned to the South, a decision already
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… New policy aims to boost teacher training and revive interest in education sectorby Anietie Udobit AbujaIn a major shake-up of Nigeria’s education system, the Federal Government has officially exempted candidates seeking admission into Federal Colleges of Education from writing the Unified Tertiary Matriculation Examination.Education authorities say the move is
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…says unfair global lending system is choking African economiesby Anietie Udobit, AbujaPresident Bola Ahmed Tinubu has raised fresh concerns over the growing debt servicing burden facing African nations, revealing that Nigeria alone will spend about $11.6 billion servicing debts this year — an amount projected to consume nearly half of
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