MTN has become the first African company to enter the metaverse by purchasing land in Africarare. MTN made this known in a statement on its website titled, ‘MTN Group becomes the first African company to enter the metaverse with land ownership on Africarare’. “This investment demonstrates MTN’s commitment to supporting African innovation as it is…
The Nigerian National Petroleum Company Limited on Monday insisted that it would continue to develop Nigeria’s gas resources despite the exit of International Oil Companies from the country due to the global push for energy transition and net carbon zero target. The NNPC’s Group Managing Director, Mele Kyari, disclosed this in Abuja at the ongoing…
Zenith Bank Plc says its gross earnings rose by 10 per cent to N765.6bn as of the end of December 2021, from N696.5bn recorded in the corresponding period of 2020. A statement by the bank said this was despite a challenging macroeconomic environment aggravated by the COVID-19 pandemic. The lender its audited financial results for…
Justice Inyang Ekwo of a Federal High Court in Abuja, on Monday, turned down the bail application filed by the detained former Commander of the Intelligence Response Team, Force Intelligence Bureau of the Nigeria Police Force, Deputy Commissioner of Police Abba Kyari. Kyari is in the custody of the National Drug Law Enforcement Agency over…
The Nigeria Extractive Industries Transparency Initiatives, an agency of the Federal Government, on Monday, blamed the over three-week scarcity of Premium Motor Spirit, popularly called petrol, on the continued subsidy on PMS. It explained that the solution to the country’s prolonged fuel crisis was to halt the subsidy regime as canvassed by stakeholders including the…
Russia has now committed around three-quarters of the troops it had massed on Ukraine’s border. Its air and artillery strikes have until now been limited. Western officials say that Russia has still to destroy Ukraine’s air defences and gain supremacy in the air. They also believe that Russia’s invasion is not going according to plan…
Isaac, a Nigerian man trying to get into Poland, said border staff told him they were “not tending to Africans”. “We’ve been chased back, we’ve been hit with police armed with sticks,” he told the BBC. South African foreign office official Clayson Monyela also said students had been “badly treated” at the border. There have…
Missile strikes killed dozens of civilians in the country’s second city, Kharkiv, while air raid sirens sounded again in the capital, Kyiv. There were reports of fierce shelling in the northern city of Chernihiv. Russia is attacking Ukraine on several fronts, but its advance has been slowed by Ukrainian resistance. All three cities remain under…
The IOC says it is urging sport governing bodies to ban Russian and Belarusian athletes “in order to protect the integrity of global sports competitions and for the safety of all the participants”, adding that “the current war in Ukraine puts the Olympic Movement in a dilemma”. It said there had been a “breach of…
