The Federal Government has started the implementation of the 20 per cent increment in pensioners monthly take-home under the Defined Benefit Scheme (DBS), according to retirees’ welfare group, Nigeria Union of Pensioners (NUP). The union hailed President Bola Tinubu for the increment and the introduction of a minimum pension of ₦32,000 for retirees. The 20…
Boeing International Corporation says it is ready to assist airlines in Nigeria in accessing adequate aircraft insurance coverage through partnership with buoyant lessors and global financiers. Boeing Sales Director, Africa Region Commercial Airlines, Mr Moore Ibekwe, disclosed this in Dublin, Ireland during the start off meeting of the “Boeing Lessor Forum “scheduled to hold from…
Over 100 lucky customers of the United Bank for Africa (UBA) Plc have shared over N41.8 million in prizes during the lender’s just concluded UBA Legacy Promo series. The promo which began last year, was specially designed by the bank to celebrate UBA’s rich legacy spanning over 75 years, as well as its long-standing commitment…
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…
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’…
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…
Nigeria government said it is working to put an end to the national embarrassment usually caused by incessant collapse of the national electricity grid. It added that the issue has come to stay for now but would be tackled in the long term. The Minister of Power, Adebayo Adelabu, who spoke during a budget defence…
After over a decade of stagnant telecom end user tariff regime, the Federal Government, yesterday gave an indication that indeed, there will be a review, but not the 100per cent pushed for the mobile network operators (MNOs), themorningstar.com.ng reports on the implications of the development. For most part of last year, the push for an…
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…
