By GRACE AUDU, Abuja – Nigeria’s Veritas University, Kenya’s Zetech University and Sierra Leone’s BlueCrest College, have topped the third edition of the African Telecommunications Union (ATU)-led, ATU Africa Innovation Challenge. Sponsored by Intel, Huawei, the International Telecommunications Union (ITU) and the GSMA, the competition which sort to recognize ground-breaking solutions that address...
BUSINESS
FirstBank, Nigeria’s premier financial institution and financial inclusion services provider, was announced as the Best Corporate Bank at the recent prestigious Euromoney Awards for Excellence, Nigeria 2023. The Bank clinched the coveted award based on its 130-year commitment to enabling its corporate customers achieve success through relevant and...
Taraba State Governor, Agbu Kefas has said the newly-completed Kashimbila dam and airport in Takum Local Government area of Taraba have potentials of boosting tourism in the state. This is contain in a statement signed on Friday by Mr Emmanuel Bello, Special Adviser to Taraba Government on Media and...
The Central Bank of Nigeria (CBN), has assured of stability in naira/ dollar exchange rate. The CBN Governor Mr Olayemi Cardoso, said this at an interface with the Senate Joint Committee on Banking and Insurance in Abuja on Friday. “In terms of volatility of the exchange rate, we...
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC) has said the interconnect debt dispute between MTN Nigeria Communications Plc and Globacom Limited has been amicably resolved. The Commission’s Director of Public Affairs, Dr Reuben Muoka disclosed this in a statement on Thursday in Abuja. Muoka said in...
The Nigerian National Petroleum Company (NNPC) Ltd has assured the public that there is no imminent increase in the cost of Premium Motor Spirit (PMS), commonly known as petrol. In a statement issued in Abuja on Thursday by its Chief Corporate Communications Officer, Olufemi O. Soneye, the ...
By GABRIEL ADAGA – Motorola Solutions (NYSE: MSI) and Google Cloud announced on Thursday a strategic, multi-year agreement that will focus on innovating cloud solutions across Motorola Solutions’ safety and security technologies. With Google Cloud’s infrastructure, Motorola Solutions will prioritize the advancement of assistive intelligence, including highly accurate and...
Some residents of Abakaliki, Ebonyi capital, have expressed worry over the continuous rise in price of cooking gas, otherwise known as Liquefied Petroleum Gas (LPG). The News Agency of Nigeria (NAN) correspondent who monitored the situation reports that many homes have shifted to some other alternative such as sawdust,...
By MBAFAN ADE, Abuja – In line with President Bola Ahmed Tinubu’s directive to the Nigerian National Petroleum Company Limited (NNPC Ltd) to optimise production from the nation’s oil and gas assets, the Company has announced the successful commencement of oil production from the Akpo West Field. The milestone,...
Trading on the stock market of Nigerian Exchange Ltd. (NGX), on Wednesday, ended on a cautious note with investors losing one billion Naira. Specifically, the market capitalisation which opened at N55.872 trillion dipped one billion naira to close at N55.871 trillion. Similarly, the All-Share index shed 174 points to...
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says Nigeria’s inflationary pressure will drop from 28.92 per cent to 21.4 per cent in 2024. Cardoso said this in Abuja on Tuesday when he addressed the House of Representatives. According to him, the projected decline...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the value of the Naira is determined by the availability of foreign exchange. Cardoso said this on Tuesday in Abuja while addressing the House of Representatives on Naira depreciation and the instability in the foreign exchange...
If President Bola Ahmed Tinubu led Federal Government is desirous of ending gas flaring in the country, then, the administration should consider as urgent, taking both practical and pragmatic steps to save the people of Ubeji Community, a sleepy Satellite community located around the Warri petrochemical company in Warri...
By PATRICK ABANG, Calabar – Cross River State Government has commended Ziplines Technology for its contribution to Health Care delivery system in the state The State Commissioner for Health, Dr Henry Ayuk, gave the commendation during a visit by journalists to assess the effectiveness of Zipline’s drone in...
Have you been dreaming of earning in foreign currencies in this present economy? don’t forget that USD/NGN is now 1,500 Do you also have a passion for coding and software development? then keep reading Do you desire to learn or switch to tech and start earning a high salary...
The African Development Bank (AfDB), says it will commence the disbursement of US$540 million to the first batch of states for the development of Special Agro-Industrial Processing Zones (SAPZs). Senior Special Adviser on Industrialisation to the AfDB President, Prof. Banji Oyelaran-Oyeyinka, made this known while presenting a report...
The Nigerian National Petroleum Company Limited (NNPC Ltd) is working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals by embarking on a project aimed at reducing the emission of methane and other greenhouse gases from its...
The Executive Vice Chairman (EVC), Nigerian Communications Commission (NCC), Dr Aminu Maida, has assured improved services to telecommunication consumers in the country, saying “our priority is to put smiles on consumers’ faces.’’ He gave the assurance at a maiden breakfast meeting with editors on Monday in Abuja. The...
The Independent Media and Policy Initiative (IMPI), says the new policies introduced by the Central Bank of Nigeria (CBN) will help stabilise the Naira in the foreign exchange market. Mr Niyi Akinsiju, the Chairman of the Non Governmental Organisation (NGO), said this in a statement on Sunday in...
Airline passengers travelling from Kano to Abuja on Air Peace Airline (P47425) have been left stranded as the airline rescheduled its flight time from 4.50 p.m. on Friday Feb. 2 to 1 a.m. Feb. 3. Passengers told the News Agency of Nigeria (NAN) that the airline first sent...