PRESIDENT Bola Tinubu on Wednesday directed an immediate overhaul of national security strategies, demanding urgent action to end the escalating violence in Borno, Benue, Plateau and Kwara. The President who met with security chiefs at the State House, Abuja, for more than two hours, said the killing of innocent people …
Read More »UBA Announces N189.84bn Profit in Q1 2025
UNITED Bank for Africa has announced a profit of N189.84 billion for the first quarter of 2025, marking a strong start to the financial year. This represents a 33.15 per cent increase compared to the N142.58 billion recorded during the same period in 2024. The bank revealed this in a …
Read More »28-year-old Electrician Electrocuted in Oyo
THE Oyo State Fire Services Agency, has confirmed that a 28-year-old electrician has been electrocuted in Odo Babaode, Eruwa Community in Oyo State, while trying to repair a fault from a 33KV High Tension Cables. The agency’s General Manager, Mr Yemi Akinyinka, confirmed this in a statement made available to …
Read More »Ericsson Announces €200m investment to Enhance 5G Network Management
Ericsson, a multinational telecommunications company, has announced a substantial €200 million ( N367.18 billion) investment over the next three years in its Athlone facility in Central Ireland. Ericsson said this in a statement on Thursday. It said the strategic move was aimed at bolstering the company’s leadership in high-performing programmable networks …
Read More »ValueJet to Begin Direct Lagos-Banjul Flight May 15
NIGERIAN private airline, ValueJet has announced plans to begin direct flight operations from Lagos to Banjul, The Gambia, starting May 15. The airline’s Managing Director and Accountable Manager, Capt. Omololu Majekodunmi, made this known in a statement issued on Thursday in Lagos. Majekodunmi said the initiative was to boost regional …
Read More »Job Creation: World Bank Inaugurates Private Sector Investment Lab
THE World Bank Group has inaugurated private sector investment Lab with expanded membership which focuses on job creation. The World Bank Group President Ajay Banga said this at the ongoing International Monetary Fund (IMF)/World Bank Meetings on Wednesday in Washington D.C. According to him, this new chapter also expands the …
Read More »9 killed, 70 injured in Russian Drone, Missile Attack on Kiev
NINE people were said to have been killed and over 70 injured in an overnight Russian drone and missile attack on Kiev, said the State Emergency Service of Ukraine on Thursday. The assault caused extensive damage to residential buildings and ignited fires in garages, non-residential structures and administrative buildings. Rescue …
Read More »FG seeks Enhance Global Support for Reforming Economies
Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has called for enhanced global support for reforming economies. Edun made the call at the G-24 Ministerial Meeting held on the sidelines of the ongoing 2025 IMF World Bank Spring Meetings in Washington D.C , on Wednesday. …
Read More »World Bank Inaugurates Next Phase of Private Sector Investment Lab, Expands Membership
THE World Bank Group on Wednesday announced the inauguration of the next phase of its Private Sector Investment Lab(PSIL), focused on implementing proven solutions at scale. This is contained in a statement issued by the World Bank Online Media Briefing Centre made available to the News Agency of Nigeria (NAN) …
Read More »ECOWAS Convenes Meeting in Ghana on Withdrawal of Niger, Mali, Burkina Faso
THE Economic Community of West African States (ECOWAS) Council of Ministers has convened a meeting in Accra, Ghana, to deliberate on the withdrawal of Niger, Mali, and Burkina Faso from the regional bloc The Chairman of the Council, Nigeria’s Minister of Foreign Affairs Amb. Yusuf Tuggar, made this known in …
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