Author: Ogochukwu Ndubuisi

NCC Charges Nigerian Students to Protect Telecommunications Infrastructure The Nigerian Communications Commission (NCC) has called on Nigerian students to actively protect telecommunications infrastructure across the country, describing such facilities as critical national assets that support education, innovation, economic growth and digital connectivity. The Executive Vice Chairman (EVC) and Chief Executive Officer (CEO) of the Commission, Dr. Aminu Maida, made the call during a courtesy and familiarisation visit by the newly elected leadership of the National Association of Nigerian Students (NANS) to the Commission’s Head Office, Friday in Abuja. The EVC, who was represented by the Director, Public Affairs Department, Mrs.…

Equities investors gained N3.15 trillion on Monday as Nigerian stocks rallied after last week’s sell-offs. 

Tony Elumelu to Retire as UBA Chairman, Names Emmanuel Nnorum as Successor United Bank for Africa Plc has announced that Mr. Tony O. Elumelu, CFR, Group Chairman of UBA, will retire from the Board of Directors of UBA on 21 August 2026, upon the completion of the 12-year tenure limit prescribed for Non-Executive Directors of Banks by the Central Bank of Nigeria. At its meeting held on 6 July 2026, the Board accepted Mr. Elumelu’s retirement and elected Mr. Emmanuel N. Nnorom, a Non-Executive Director of the Bank, as his successor, with effect from 21 August 2026. The Board places…

IPMAN Assures Nigerians of Continued Petrol Price Reduction The President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Elijah Shettima, has assured Nigerians that the price of Premium Motor Spirit (PMS), popularly known as petrol, will decline. Shettima gave the assurance during an interview with News Agency of Nigeria on Monday in Abuja. He said IPMAN’s priority was to ensure that independent marketers could purchase petroleum products directly from the Dangote Refinery. The president said that the arrangement would improve product availability and encourage lower pump prices. “Our major concern is to ensure that independent marketers can purchase…

Seplat Ends Routine Gas Flaring, Expands LPG Investment – Official Seplat Energy Plc says it has ended routine gas flaring across its onshore operations in Nigeria, describing the milestone as a major step in its commitment to cleaner energy and environmental sustainability. Mr Samson Ezugworie, Chief Operating Officer and Executive Director of Seplat Energy, disclosed this on Sunday in Benin during a parley with journalists. Ezugworie said the company achieved the feat by the end of 2025, describing it as a remarkable accomplishment both in Nigeria and globally. “I will make bold to say that in our operations in the…

Mr Jim Obazee. Special Investigator appointed by President Bola Tinubu has asked for a posthumous prosecution

Mining Firms Risk Losing Titles Over Community Agreement Breaches- Alake The Minister of Solid Minerals Development, Dele Alake, has warned that mining firms breaching Community Development Agreements (CDAs) risk losing their mining titles, as the Federal Government tightens enforcement. Alake gave the warning on Friday in Abuja at the opening of a two- day ministerial retreat of the ministry. The retreat focused on the theme: ‘Accelerating Solid Minerals Sector Transformation: Delivering on Ministerial Mandate Through the Seven Priority Areas.’ Alake said he had directed the Permanent Secretary to submit a list of companies that had failed to sign or implement…

WHO Initiates Clinical Trial for New Ebola Treatment in DR Congo A major international clinical trial aimed at finding effective treatments for Bundibugyo virus disease (BVD), a rare form of Ebola, has commenced in the Democratic Republic of the Congo (DRC). The World Health Organization (WHO) said this in a statement on Thursday. The development, according to the statement, raises hopes for improved survival during the country’s ongoing outbreak. “The Platform Adaptive Randomised Trial for New and Repurposed Filovirus Treatments (PARTNERS) began enrolling patients on Thursday. “To assess whether two antiviral therapies, monoclonal antibody MBP134 and the antiviral drug remdesivir…

FG Clears N39.6bn Pension Arrears The Federal Government has cleared N39.6 billion in longstanding pension arrears, providing relief to thousands of retirees under the Defined Benefit Scheme (DBS). The development was announced in a statement issued by Efe Ovuakporie, Head, Information and Public Relations, Federal Ministry of Finance, on Friday in Abuja. Ovuakporie stated that this was disclosed when the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, received the Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), Tolulope Odunaiya, on a briefing According to Odunaiya, the payments covered inherited pension liabilities owed to retirees…

Google Play Launches $1m Fund to Boost African Game Developers Google Play on Friday inaugurated a one-million-dollar Indie Games Fund to support emerging game developers across 32 African countries with funding, technical support, and mentorship. The Managing Director for Europe, the Middle East and Africa at Google Play, Mr Ben Wilson, said in a statement that the initiative reflected Google’s commitment to nurturing Africa’s growing gaming ecosystem. Wilson said that Africa’s creative talent had produced a vibrant game development community, but limited access to capital had constrained many promising studios. He said that bringing this fund to the continent underscored…