Following subsea cable disruptions last Thursday, Bayobab Group, a subsidiary of MTN Group, has announced the successful restoration of its operations. The telecom operator disclosed this in a statement on Tuesday. MTN said that despite the challenges presented by the cable disruptions, its subsidiary demonstrated its capabilities by swiftly recovering over 3 Terabits per second (Tbps) of capacity across its ... Read More »

Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN). She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after a very successful tenure. Dame (Dr.) Adaora Umeoji is the ... Read More »

“Like a fine wine, FirstBank has only improved with age, becoming more dynamic, innovative and trusted by the nation. This is a testament to the diligence and devotion of the many great leaders who have steered the bank to success. Under the leadership of the current Chief Executive Officer, Dr Adesola Adeduntan, FirstBank Group has continued to make giants of ... Read More »

The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected a marginal reduction in the pump price of Premium Motor Spirit, popularly called petrol, produced from the Port Harcourt Refining Company once the plant begins operations next month. IPMAN and MEMAN also declared their readiness to load products from the facility, as they ... Read More »

Amajor internet provider for most of Nigeria commercial banks and internet service providers (ISPs), MainOne, which suffered a major submarine cut that knocked major banks offline, said it has started the process of restoring services to some of its customers. The cable company, in a note shared with our correspondent, said: “We have restored services to some customers and are ... Read More »

The Renewed Hope administration of the President of Nigeria, *His Excellency President Asiwaju Bola Ahmed Tinubu GCFR* has been commended by the Association of Ministry of Works’ Contractors( AMWC), Mabushi-Abuja for the seemless arrangement in the payment of money to contractors handling road projects in the Federal Ministry of Works and the uncommon commitment to best standards and speed in ... Read More »

Heirs Technologies, a leading digital transformation company, has announced the appointment of Obong Idiong as its Chief Executive Officer. Idiong brings considerable experience in the technology sector and a visionary approach to this role. Prior to joining Heirs Technologies, he served as the MD/CEO at Africa Prudential Plc, where he spearheaded the digital transformation of its registrar services and repositioned ... Read More »

The Presidency, on Wednesday, reaffirmed President Bola Tinubu’s commitment to the Nigerian Education Loan Fund (NELFUND), The Presidency was reacting to the postponement of the planned launch of the Fund, which was initially scheduled for Thursday, March 14, explaining that a new date would soon be announced. Special Adviser to the President on Information and Strategy, Bayo Onanuga, while reacting ... Read More »

The Federal Government on Wednesday said it would not pay “a dime” as ransom for the release of over 280 pupils and teachers of Government Secondary School and LEA Primary School at Kuriga, Kaduna State, kidnaped on March 7. “Mr. President reiterated his zero tolerance for the payment of ransom…and Mr President has also directed that no ransom will be ... Read More »

Former DG of NIMASA, Dr. Dakuku Peterside and chairman of Odu’a Investment Company Nigeria Limited, Otunba Bimbo Ashiru are among the dignitaries being expected at the public presentation of Azuh Arinze’s two new books, Anything And Everything Journalism and My Story Of Many Colours. Equally being expected at the event which holds on Monday, March 25, 2024, at the Nigerian ... Read More »