MTN Nigeria plans to spend an estimated N600 billion on technical infrastructure over the next three years as it looks to expanding its network coverage across the country by 2024 Speaking at its first public Annual General Meeting which held in Lagos on Friday, the CEO, MTN Nigeria, Ferdi Moolman said: “Due to the nature of our business, we always ... Read More »

Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn while profit after tax rose by 10% up from N2.79bn to N3.06bn. The company also maintained a robust balance sheet ... Read More »

.... sells FX to SMEs, education sectors As part of proactive measures to cushion the effect of the COVID-19 and revamp the nation’s dwindling economy, Heritage Bank is set to disburse the N100billion set aside by the Central Bank of Nigeria (CBN). This is in line with the apex bank’s policy to introduce another intervention scheme directed to the health ... Read More »

The police in Lagos have arrested a 50-year-old man Tyndale Ede for alleged defilement of his 19-year-old daughter since she was 11. Eden was arrested on May 9 following a complaint by his wife (names withheld) at Ikotun Police Division. It was alleged that the suspect’s incestuous behaviour was discovered by the woman at their Kajola Street, Ikotun residence after ... Read More »

Nigeria has recorded 338 new cases of the Coronavirus across various states of the country. Announcing via its official Twitter handle on Sunday night, the Nigeria Centre for Disease Control (NCDC) stated that 177 new cases were recorded in Lagos, 64 in Kano State, 21 in the Federal Capital Territory 16 in Rivers, 14 in Plateau, 11 in Oyo and ... Read More »

DAVIDO’S 2019 hit, ‘Blow my mind,’ has crossed the 40 million mark on YouTube. The singer made the announcement recently on his Instagram account as he continues to promote his recently released music video, ‘D&G’ featuring Summer Walker. ‘Blow my mind’ joins a list of Davido’s hit songs that have done tens of million streams on YouTube. With 46 million ... Read More »

288 new cases of #COVID19; 179-Lagos 20-Kaduna 15-Katsina 15-Jigawa 13-Borno 11-Ogun 8-Kano 7-FCT 4-Niger 4-Ekiti 3-Oyo 3-Delta 3-Bauchi 2-Kwara 1-Edo 5445 cases of #COVID19 in Nigeria Discharged: 1320 Deaths: 171 Read More »

 Ecobank Nigeria has reiterated that its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and under-banked population in Nigeria. The Ecobank Xpress Point enables eligible Agents to carry out financial transactions on behalf of Ecobank and earn commission on every transaction  processed. The consumer experience is very good as customers can do ... Read More »

Former Niger Delta Affairs Minister Godsday Orubebe’s wife Maureen, has been grilled by the Economic and Financial Crimes Commission (EFCC) over a N500 million deal linked to the $1.092 billion Malabu Oil Block scandal. Mrs. Orubebe is also being investigated for alleged money laundering. She was alleged to have bought three assets from the company of one of the suspects ... Read More »

Police in Akwa Ibom State said their  anti-child theft Unit has arrested one Dr. Victor Onongha, a medical doctor, for allegedly selling a child. Dr Onongha, attached to the University of Calabar Teaching hospital, was arrested alongside a laboratory scientist, Hope Offor, and 15 others. The command, in a statement yesterday, said a five-month-old baby was recovered from the suspects. ... Read More »