Author: Ogochukwu Ndubuisi

Bassey Otu Unveils ₦780.6bn ‘Inclusive Growth’ Budget for 2026 Gov. Bassey Otu of Cross River, on Tuesday, presented a ₦780.6 billion budget christened, “Budget of Inclusive Growth,” for the 2026 fiscal year to the State House of Assembly. Otu said the proposal consolidated the gains of his administration’s “People First philosophy” and reflected a renewed commitment to the development and prosperity of the state. He explained that the 2026 fiscal plan followed wide consultations with civil society, private sector players, and the general public, adding that the ₦780.6 billion budget represented a 17 per cent rise from 2025, According to…

FG Secures N700bn to Deploy 1.1m Meters – Minister Minister of Power, Adebayo Adelabu, says the Federal Government has secured about N700 billion from the Federation Account Allocation Committee (FAAC) to deploy 1.1 million meters nationwide by the end of 2025. Adelabu said the government would thereafter roll out two million meters annually over the next five years under the Presidential Metering Initiative (PMI). He disclosed this on Tuesday in Lagos at the 2025 Nigerian Energy Forum (NEF), with the theme “Powering Nigeria through Investment, Innovation, and Partnership”. According to him, the initiative aims to close Nigeria’s metering gap, improve…

MAN Forecasts Stronger Naira, Lower Inflation, 4% GDP Growth Manufacturers Association of Nigeria (MAN) has projected further strengthening of the naira, sustained inflation decline and improved access to credit in 2026. It also foresees an overall Gross Domestic Product (GDP) growth of 4 per cent. Dr Oluwasegun Osidipe, Director, Research and Economic Policy Division, MAN, made the projections on Tuesday in Lagos at a news conference on the 2025 MAN Think Tank Session. He hinged the outlook on favourable oil prices, rising foreign investments, stable energy costs, and the effective implementation of key industrial and fiscal policies. Osidipe stated that…

NUGA: 10,000 Athletes from 22 Universities to Participate – VC Prof. Tanko Ishaya, the Vice Chancellor of the University of Jos, said no fewer than 10,000 athletes from 22 universities would be participating in the forthcoming National Universities Games Association (NUGA) in Jos. Ishaya disclosed this during a road walk on Tuesday in Jos, organised to create awareness on the forthcoming NUGA games. The 27th edition of the NUGA games to be hosted by the university, is slated for Nov. 6 to Nov. 16. The vice chancellor, who said that the athletes would be competing in various games, promised to…

Enyimba Hand 2 Match Ultimatum to Coach Eguma The Management of Enyimba Football Club of Aba on Monday issued a two-match ultimatum to the team’s Technical Adviser, Coach Stanley Eguma, to turn the fortunes of the team around. This is contained in a statement from the club management and made available to newsmen by the club media officer, Samson Orji, in Aba. The ultimatum followed a poor run of results in the ongoing 2025/26 Nigeria Premier Football League (NPFL) season. The decision was reached after a review of the club’s management on Monday, in the wake of the team’s 2-1…

183m Email Passwords Leaked in Global Data Breach The massive leak reportedly exposed over 183 million email passwords. It also contains several passwords linked to Gmail accounts. A massive data breach has reportedly put millions of email users at risk, including accounts associated with Google’s Gmail.  Troy Hunt, an Australian security researcher who runs the breach-notification site Have I Been Pwned, claimed that the stolen trove, which has surfaced online, contains 3.5 terabytes of data. The leak reportedly contains 3.5 terabytes of data. The compromised dataset contains 183 million unique accounts and about 16.4 million addresses that have not been…

Transcorp Group Grows Profit by 20.5% to N91.4 Billion in Q3 Transnational Corporation Plc, a diversified conglomerate, reported a 20.4% increase in profit, reaching N91.4 billion at the end of the first nine months of the 2025 financial year. Details from its unaudited financial results highlighted that the group profit expansion was supported by strong growth across business lines. The Group recorded a 39% year-on-year increase in revenue, rising from ₦297.7 billion in Q3 2024 to ₦413.4 billion in Q3 2025. Profit before Tax (PBT) grew by 18%, closing at ₦124.5 billion, compared to ₦105.5 billion in the same period…

FG to Support Dangote Refinery’s 1.4mbpd Capacity Target– Lokpobiri Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, says the Federal Government will fully support Dangote Refinery in achieving its 1.4 million barrels-per-day (mbpd) refined products target. Lokpobiri said this on Monday in Lagos during his welcome address at the 19th Africa Downstream Energy Week. The theme of the event is “Energy Sustainability: Growth Beyond Boundaries and Competition”. “I received the good news that the Dangote Refinery is expanding its capacity to 1.4 million barrels per day. “That will not just save Nigeria or West Africa, it will save Africa…

CSCS Partners IBM, TCS to Modernise Capital Market Infrastructure The Central Securities Clearing System Plc (CSCS), has upgraded its core technology system in collaboration with global technology firms, IBM and Tata Consultancy Services (TCS). CSCS, Nigeria’s capital market infrastructure provider made this known in a statement on Monday. The Managing Director and Chief Executive Officer of CSCS, Mr Haruna Jalo-Waziri, described the upgrade as a pivotal moment in the company’s digital transformation agenda. He said: “This strategic upgrade reflects our unwavering commitment to innovation and operational excellence. “Partnering with global technology leaders like IBM and TCS ensures that we continue…

Ntel Re-enters Telecoms Market Q1 2026 as Digital First, Infrastructure-Light MVNO The Chief Executive Officer, Ntel, Mr Soji Maurice-Diya, on Monday announced that the once-dormant Nigerian telecommunications brand would officially re-enter the nation’s telecoms market in the first quarter of 2026. He made this known to newsmen in Lagos at the Technology Times Thought Leadership Series, a platform for decision-makers in Nigeria’s digital transformation space. Maurice-Diya, who leads NatCom Development & Investment Ltd (trading as Ntel), said the company’s comeback would be driven by a renewed strategy. He described the new strategy as one that would position it as digital-first,…