Author: Ogochukwu Ndubuisi

XRP price rose by 1% to $1.50, slightly trailing a broader market uptick, primarily driven by a positive…

Free Daily Data for Learners: NCC, ALTON Roll Out Zero-Rated Access to Educational Platforms  The Nigerian Communications Commission (NCC), in collaboration with the Association of Licensed Telecommunications Operators of Nigeria (ALTON), will on October 1, 2026, roll out the Zero Rated Data Access to Approved Educational Platforms and Content Initiative. The programme supports the Commission’s mandate to promote modern, universal, efficient, reliable, affordable, and accessible communications services across Nigeria. Under the initiative’s Operator-Sponsored Model, eligible users will receive up to 100 megabytes of free daily data allowance to access designated educational platforms. This means a learner receiving the…

Iran Announces Cash Rewards for Capturing U.S. Soldiers Iran’s army has announced a cash rewards for anyone who kills or captures U.S. soldiers who enter Iranian territory as attackers. Army spokesman Amir Akraminia said the reward would apply to anyone who killed a U.S. soldier and handed over the body or captured one alive. “Anyone who kills a U.S. soldier entering Iran as an attacker and hands over the body, or captures the soldier alive, would receive a reward,” he said. Akraminia said the reward would be about 17,500 euros (19,800 dollars) for men and about 35,000 euros for women. …

2027: I’ll Resign if Tinubu Loses FCT, Rivers – Wike Minister of Federal Capital Territory (FCT), Mr Nyesom Wike, has vowed to step down from his ministerial position if President Bola Tinubu loses the 2027 presidential election in Rivers and the FCT. Wike ‌‍⁠‌‍⁠⁠‌⁠⁠‌‍ ⁠⁠‌‌ made the promise in Abuja on Wednesday during a meeting with members of Apo mechanics and traders over their planned relocation to the informal sector in Wasa by end of the year. The minister, who stakes his political career on the presidential election results, rallied the Apo mechanics and traders into his cross-party Rainbow Coalition. …

NNPC Adopts Technical Equity Model for Refinery Rehabilitation – Ojulari The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) says it is pursuing technical equity partnerships with experienced refinery operators to ensure sustainable performance of its refineries. Mr Bayo Ojulari, Group Chief Executive Officer, NNPC Ltd., said this while addressing newsmen on Tuesday in Abuja. Ojulari said the company would partner with proven records in operating refineries and petrochemical plants, who would also take equity stakes in the facilities. “The model will align the interests of NNPC and its technical partners towards achieving sustainable results from the refineries. “Chinese investors have…

Nigeria Rejects Nuclear Deterrence, Demands Total Elimination of Atomic Weapons Nigeria has called for the complete elimination of nuclear weapons, warning that humanity cannot continue relying on weapons capable of destroying civilisation for collective security. Nigeria’s Permanent Representative to the United Nations, Amb. Jimoh Ibrahim, made the call on Tuesday at a high-level UN meeting on nuclear disarmament in New York. The meeting commemorated the International Day for the Total Elimination of Nuclear Weapons during the 81st Session of the UN General Assembly. Jimoh said Nigeria firmly believed that the only absolute guarantee against the use or threat of…

Excess Liquidity in Banking System Soars 37% Ahead of OMO Debit Excess liquidity in the banking system increased by 37% amidst significant OMO bill sales to investors by the Central Bank of Nigeria (CBN) on Tuesday. In an effort to keep market liquidity in check, the Apex Bank floated N2.5 trillion in OMO bills across three tenors, and eventually raised about N5 trillion. Ahead of the OMO bills settlement, the financial System liquidity rose 37.01% to N8.84 trillion from N6.45 trillion, investment firm AIICO Capital Limited revealed. Market analysts reported that the surplus credit was more than double its start-of-year…

World on Path to Nuclear Disaster, Geterres Warns   ‌‍⁠‌‍⁠⁠‌⁠⁠ ‍⁠ UN Secretary-General António Guterres has warned that humanity is facing its most dangerous nuclear moment since the end of the Cold War.  Guterres sounded the alarm on Tuesday at the UN General Assembly’s plenary meeting commemorating the International Day for the Total Elimination of Nuclear Weapons. “We meet at the most dangerous nuclear moment since the end of the Cold War,” the UN chief told world leaders in New York. He warned that 81 years after the atomic bombings of Hiroshima and Nagasaki, nuclear weapons continued to cast…

Pension Fund Assets Rise to N31.8trn in August- PenCom Pension fund assets under the Contributory Pension Scheme (CPS) rose to N31.80 trillion as of Aug. 31. According to the unaudited monthly pension industry report released by the National Pension Commission (PenCom) on Tuesday, pension assets grew by N289.40 billion from the N31.51 trillion recorded at the end of July. The report showed that the increase represents a 0.92 per cent growth in the total net asset value of pension funds for the month under review. It also put total Retirement Savings Account (RSA) membership at 11,391,008 as of August. The…

NCC Seeks Greater Digital Infrastructure Investment at Nigeria Digital Connectivity Investment Forum The Nigerian Communications Commission (NCC) has called for increased public and private sector investment in telecommunications infrastructure to accelerate broadband expansion, improve service quality, and support Nigeria’s growing digital economy. The Executive Vice Chairman and Chief Executive Officer of the NCC, Dr. Aminu Maida, made the call at the opening of the maiden Nigeria Digital Connectivity Investment Forum organised by the Commission in collaboration with Swedfund and Ookla in Abuja. Speaking during the opening ceremony, the NCC Chief Executive said the forum was designed to provide a strategic…