Business Telecommunications Top Story

Airtel Africa eyes broadband and mobile money boost after bumper first half

Reading Time: 2 minutes Image Credits: REUTERS/Thomas Mukoya. In picture above: A general view shows customers and employees inside a mobile phone service centre operated by Kenyan telecom operator Airtel Kenya at the Sarit Centre within the Westlands district of Nairobi, Kenya January 29, 2021. REUTERS/Thomas Mukoya NAIROBI, Oct 28 (Reuters) – Airtel Africa expects a boost from growing Read More…

Metro Top Story

Sanwo-Olu named “Best Nigerian governor in Internal Audit transformation”

Reading Time: 2 minutes Lagos, Oct. 28, 2021 (NAN) Lagos State Governor, Mr Babajide Sanwo-Olu has been named the ”Best Nigerian Governor in Internal Audit Transformation”, by the Institute of Internal Auditors of Nigeria. The award was in appreciation and recognition of the governor’s significant transformation of the internal audit function in the state. The award was received by Read More…

Abroad Top Story

Apparent military coup unfolds in Sudan

Reading Time: 2 minutes Image Credits: Sky News. PM, Ministers detained The fragile civilian-military power sharing arrangement in Sudan seems to have come to an end as the military has effectively effected a coup d’etat. Agency reports say that soldiers on Monday arrested most of the members of Sudan’s cabinet and many pro-government party leaders in an apparent military Read More…

Banking Business Top Story

Buhari launches eNaira on Monday

Reading Time: 2 minutes The digital currency, the eNaira, will be launched on Monday. This is coming many months after the Central Bank of Nigeria (CBN) barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies. The digital currency will be launched by the Nigerian President, Muhammadu Buhari at State House, Abuja. Central Bank of Nigeria Read More…

Banking Business Top Story

Otedola does not have controlling FBN Holding shares, says nominee

Reading Time: 2 minutes Image Credits: George Osodi/Bloomberg. Owns five per cent FBN Holding shares, bank group confirms FBN Holdings (FBNH) Plc on Saturday has now confirmed that Mr Femi Otedola has indeed acquired a 5.07 per cent equity stake in the company. This is coming barely 24 hours after it denied notification of possible acquisition of bulk shares Read More…

Crime Drug Trafficking Top Story

Nigeria seizes $11 mln worth of amphetamine pills in shipment from Lebanon

Reading Time: < 1 minute Nigerian authorities intercepted nearly half a million amphetamine pills hidden in machinery coming into a Lagos port, an official said on Thursday. The 451,807 captagon tablets were seized at the Apapa sea port in September, National Drug Law Enforcement Agency Chairman Mohamed Marwa told reporters. “This was traced to have come from Lebanon,” he said. Read More…

Metro Top Story

34 persons arrested, arraigned by police in Lagos following #EndSARS protest

Reading Time: 2 minutes Image Credits: Lagos State Police Command. THIRTY-FOUR persons were arrested by the police following the #EndSARS anniversary protest on Wednesday, The protest, which was to commemorate the one year anniversary of ENDSARS was carried out by a motorcade bearing protesters moving through the Lekki toll gate. The protest, which began at 8am and ended two Read More…

Abroad Top Story

One does not feel old, says 95-year-old Queen Elizabeth, declines Oldies Award

Reading Time: 2 minutes Image Credits: Frank Augstein/Pool/REUTERS, REUTERS/Toby Melville. Britain’s 95-year-old Queen Elizabeth, who has reigned over her nation for almost seven decades, says she feels too young at heart to be awarded the title “Oldie of the Year”, an aide has revealed. Organisers of the annual tongue-in-cheek awards – whose previous recipients include Oscar-winning actors, Nobel laureates, Read More…

Metro Society Top Story

#EndSARS: Protesters plan motorised procession at Toll Gate for Wednesday

Reading Time: 2 minutes Image Credits: Pius Utomi Ekpei/AFP. On 20th October 2021, organisers of the #EndSARS protests are planning a motorised memorial procession from the Lekki Toll Gate to commemorate last year’s bloody finale to agitations by youths against police brutality. According to one of the organisers, Folarin Falana, otherwise known as Falz the Bad Guy, in an Read More…

Infrastructure Metro Top Story

CBN supports Lagos Blue Line project with N60bn

Reading Time: 2 minutes Image Credits: NAN. Lagos, Oct. 14, 2021 (NAN)  The Central Bank of Nigeria (CBN) said on Thursday that it had supported the Lagos State Blue railway line project with N60 billion to facilitate ease of businesses and passengers’ movements in the state. The Director, Development and Finance of the  CBN, Mr Phillip Yusuf, disclosed during Read More…