Buhari Group Wants Ndume as Senate President

By Adedapo Adesanya Nigeria has put the presidential aircraft, Falcon 900B, up for sale with the Nigerian Air Force (NAF) asking interested persons to submit their bids for the purchase of the aircraft. It was not disclosed how much the craft would be sold, according to a tweet on the official Nigerian Air Force page on X, formerly known as Twitter, where it said the aircraft was put up for sale following the federal government’s approval. “The Federal Government of Nigeria has approved the sale of Falcon 900B aircraft owned by the Nigerian Air Force (NAF),” NAF said in a

By Adedapo Adesanya The Lagos State Government has signed two deals bordering on waste management at the ongoing 28th session of the Conference of Parties (COP28) in Dubai, United Arab Emirates. According to Governor Babajide Sanwo-Olu, waste conversion initiatives, which the state pitched at the global climate summit, have attracted significant interest from investors. These are the Advanced Garbage Collection and Waste-to-Energy project and the building of a new sewage treatment plant. Mr Sanwo-Olu confirmed the deals on Sunday at an event held at Nigeria Pavilion, where he also presented Phase Two of the Lagos State Climate Adaptation and Resilience

By Adedapo Adesanya President Bola Tinubu on Wednesday departed Abuja for Dubai, the United Arab Emirates, to attend the COP28 Climate Summit which takes place from December 1 —2, 2023, with the theme Unite, Act, and Deliver. According to the presidential spokesman, Mr Ajuri Ngelale, the President will be using the platform to advocate for funding as well as technical support to tackle the array of climate problems facing the country. He said Mr Tinubu was “mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising therefrom, will maximise

By Modupe Gbadeyanka An initiative aimed to promote the diversity of the African continent and showcase its rich cultural heritage to the rest of the world has been launched by YouTube. The social campaign, The Voices of Africa, will be used to celebrate the continent’s unique and traditional expressions through a select group of African creators. They will create and share videos on their YouTube Channels of their unique cultural heritage stories about their local traditions and practices, conversations with friends and family, and with people in their local communities. Some of the creators who are part of the campaign

By Jerome-Mario Chijioke Utomi Friday, August 12, 2022, is a very important date in the global calendar. It is a day that the global community sets aside to celebrate this year’s International Youth Day. The important purpose of this annual celebration, going to information from the United Nations (UN), is to among other things raise voices against any injustice or discrimination happening in the world against the youth. Again, going by available records, International Youth Day was recognized by the United Nations when they passed a resolution towards creating it in 1999 at the United Nations General Assembly. This day

By Modupe Gbadeyanka Investors in the Nigerian capital market (equities category) recorded a gain of N2.8 billion after having had to endure four days of straight losses. The major market indicators at the Nigerian Stock Exchange (NSE) finished in the green zone, boosting the confidence of investors. The market had a marginal gain of 0.03 percent, with 18 stocks appreciating in value at the close of activities compared to 20 equities, which recorded losses. The top decliners on Wednesday were Dangote Cement, which lost N4 to close at N154                per share; International Breweries, which fell by 57k to finish at

By Dipo Olowookere The N668.9 billion generated in the month of May 2018 has been shared to the three tiers of government after series of disputes over the funds. The inability of the Federation Accounts Allocation Committee (FAAC) to disburse the revenue the federal, states and local governments has made it impossible for state governments to pay salaries to their workers. There have been disagreements over the amount submitted by the Nigerian National Petroleum Corporation (NNPC) to FAAC with state governments accusing the oil agency of under-remitting revenues. Director of Information at the Federal Ministry of Finance, Mr Hassan Dodo,

By Adedapo Adesanya MTN Nigeria Plc grew its profit after tax by 5.6 percent to N51.1 billion in the first quarter of 2020 compared with N48.4 billion reported during the same period in 2019. This information was contained in the telecommunications company’s interim financial statements for the first three months of this year sent to the Nigerian Stock Exchange (NSE) on Wednesday. In addition, the company’s revenue for the period grew by 16.7 percent to N329.2 billion from N282.1 billion recorded in Q1 2019. MTN Nigeria, the leading telecommunications firm in the country, explained that the increase in its revenue

By Dipo Olowookere Nigeria’s mutual fund the industry has added N84 billion to end with total assets worth N0.513 trillion as at March 2, 2018. This was helped by performance in equity market and net inflows, analysts at Quantitative Financial Analytics have revealed. It marks the sixth consecutive weekly rise in AUM for Mutual Fund industry since January 19, 2018. Mutual fund AUM has been on the increase since 2006 and the increase has accelerated remarkably in recent times especially as investor sentiments and awareness improves. According to Quantitative Financial Analytics, in 2017 alone, AUM surged by about 89 percent

By Modupe Gbadeyanka A nationwide broadband assessment by Umlaut has rated Airtel Nigeria as the Best in Test after scoring 697 points, followed by MTN Nigeria with 663 points, 9mobile with 591 and Glo with 486 points. Umlaut is an international, full-service, cross-industry, end-to-end company that offers advisory and fulfilment services to clients globally. According to Mr Hakan Ekmen, CEO of Telecommunications at umlaut, Airtel achieved the best-rated broadband coverage and user download speed among other mobile network operators. He revealed that the tests were carried out with umlaut’s crowdsourcing methodology, which was used to evaluate the mobile networks in

  As part of its efforts to eradicate clickbait headlines, social media giant, Facebook, has updated its algorithm to tackle such headlines from its News Feed. Facebook said the rate at which bloggers use its platform to ‘deceive’ readers through its (Facebook) was becoming worrisome. “We are updating News Feed by using a system that identifies phrases that are commonly used in clickbait headlines,” Facebook research scientist, Alex Peysakhovich, said. Facebook pointed out that some bloggers use its platform to post sensational headlines that lead to inaccurate and misleading content once clicked on. With the new update, relevant posts like

By Adeniyi Ogunfowoke Money will always be a huge challenge for any entrepreneur who owns a new business. It is never enough. So, as a new business owner, there are some money mistakes you should not commit no matter the kind of business you are engaged in. If this happens, you will discover that you are just throwing unavailable resources at your business without having the desired impact. Jumia Travel shares some of the money mistakes you should commit to memory if you own a new start up. Having a combined personal account and business account Whether you are alone