Despite 50% tariff hike, Aba power remains lowest in Nigeria

Aba Power offers the lowest electricity tariff among Nigeria’s 12 electricity distribution companies (DisCos) despite the recent 50 per cent tariff increase approved by the Nigerian Electricity Regulatory Commission (NERC), effective January 1, 2025. This was confirmed in a statement by the South-Eastern Zone of the Electricity Consumers Association of Nigeria (ECAN) following its New…

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Minister seeks bold reforms, smarter investments for sustainable development

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has stressed the need for bold reforms and smarter investments to ensure sustainable development across member nations. #He urged the Islamic Development Bank (IsDB) to rethink its development financing approach to address current global economic realities. Edun spoke at the IsDB Governors’…

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Report: Nigeria’s data cost lowest in sub-Saharan Africa

Nigeria stands out globally for its affordable mobile data costs, offering cost-effective connectivity services to data users nationwide. With an average data cost of $0.38 for a gigabyte, mobile data in Nigeria is one of the cheapest in the world and one of the lowest in Africa. This position was affirmed by the International Telecommunications…

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Portugal club signs on 19-year-old Nigerian-born, Usman-Malah

Brito Sporting Club of Portugal, a football club founded in 1956, has signed an official contract with a United Kingdom-based highly-talented, young Nigeria-born footballer, Yaqub Usman-Malah. The official unveiling of the young promising footballer was carried out on Saturday, January 4, 2025. Yaqub, born in Nigeria in 2006, is a budding Nigerian talent with unquantifiable…

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EFCC sacks 27 officers for fraud, misconduct

In its quest to enforce integrity and rid its fold of fraudulent elements, the Economic and Financial Crimes Commission (EFCC) said it sacked 27 officers from its workforce in 2024. The officers were dismissed for various offences bordering on fraudulent activities and misconduct.  Their dismissal, following the recommendation of the Staff Disciplinary Committee of the…

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Lagos hosts InnovateAI confab

AI in Nigeria said its 2025 InnovateAI Lagos, the second edition of its flagship annual artificial intelligence (AI) conference, with “Scaling AI Adoption in Nigeria: Catalysing Cross-Sectoral Innovation and Fostering Inclusive Growth” as focus, is scheduled for February 21, 2025. The conference, billed to hold at the Landmark Event Centre in Lagos, will be promoting…

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Tony Elumelu Foundation opens applications for 2025 entrepreneurship programmes

The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, has announced the opening of applications for its 2025 entrepreneurship programmes. This is contained in a statement from the foundation’s website on Monday. It said aspiring and existing entrepreneurs from across Africa are invited to apply. It said they would receive world-class training, expert mentoring,…

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