Port Harcourt
MTN Nigeria Invests $120 Million to Expand 5G Coverage Amidst Forex Challenges
MTN Nigeria has disclosed an investment of over $120 million in the last two years in a bid to enhance telecommunications infrastructure and expand 5G coverage across Nigeria. The Chief Financial Officer of MTN Nigeria, Mr. Modupe Kadri, revealed … Continue Reading
Federal Government Reveals 92 Million Nigerians Lack Access to Electricity
The Federal Government announced on Friday that approximately 92 million Nigerians do not have access to electricity from the national grid. The announcement was made by the Minister of Power, Adebayo Adelabu, during the closing ceremony of the 7th … Continue Reading
Central Bank of Nigeria Sells Record N1.3 Trillion in Treasury Bills to Bolster Forex Reserves
In a bid to fortify Nigeria’s foreign exchange reserves and stabilize the Naira amidst mounting forex pressures, the Central Bank of Nigeria (CBN) has successfully auctioned a record N1.3 trillion in Treasury Bills, targeting overseas investors.
The sale of Treasury … Continue Reading
Wigwe’s Burial: Heavy Security Presence as Over 50 Jets Arrive Port Harcourt
Port Harcourt, the Rivers state capital, witnesses a tight security presence as dignitaries from all walks of life arrive in the city to attend the burial of the late Access Bank Holdings CEO, Herbert Wigwe.
Well-kitted mobile policemen were seen … Continue Reading
Nigerian Air Force Trainer Aircraft Crashes in Kaduna
A Nigerian Air Force (NAF) Super Mushshak trainer aircraft crashed in Kaduna on Thursday afternoon, triggering concerns and inquiries into the safety protocols and operational procedures of the country’s military aviation sector. The crash, which occurred at approximately … Continue Reading
MTN Nigeria Foundation Invests N600 Million to Empower Female Entrepreneurs
The MTN Nigeria Foundation has launched the second phase of its Y’ellopreneur initiative, with an investment of N600 million. The initiative aims to address the gender inequality prevalent in Nigeria, where female unemployment stood at 35.2 percent in 2020.… Continue Reading
MDaaS Global Raises $3 Million to Expand Healthcare Network Across Nigeria
Health tech startup MDaaS Global has secured $3 million in pre-Series A funding. The investment, targeted at expanding its offerings, marks a milestone for the startup as it seeks to leverage technology to provide accessible and high-quality healthcare services across … Continue Reading
Nigeria Customs Service Seizes N1.8 Billion Worth of Fake Drugs in Oyo/Osun Area Command
In a press briefing held at the Command headquarters, Comptroller Ben Oramalugo of the Nigeria Customs Service revealed a significant interception of fake drugs in Oyo.
Nigerian Custom Seizes 1.8 Billion worth of fake pharmaceuticals in Oyo/Osun Command
He revealed … Continue Reading
Rivers State Governor Agrees to Partnership with Austrian Government
Governor Sir Siminalayi Fubara has accepted a partnership offer from the Austrian government in a move geared towards the development of Rivers State.
The agreement, which covers healthcare, agriculture, and education, was confirmed after a closed-door meeting between Governor Fubara … Continue Reading
Federal Government Introduces Direct Cash Transfers to 15 million households To Combat Fraud and Support Vulnerable Groups
The Federal Government has announced a major overhaul of its cash transfer program with direct transfers of N75,000 to 15 million households in 3 months.
Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, revealed the initiative … Continue Reading