By Ayomide Otitoju MTN Nigeria reduced spending on core infrastructure projects in 2024 despite a 168.3% surge in capital expenditure (Capex) to N1.53 trillion, largely driven by tower lease renegotiations that increased financial obligations. Excluding lease components, the telecom giant’s investment in critical infrastructure such as fibre networks, base stations, and technology upgrades fell to…
By Ayomide Otitoju The Institute of Chartered Accountants of Nigeria (ICAN) recently paid a courtesy visit to Stallion Plaza, the headquarters of Union Bank of Nigeria, in a move aimed at fostering a stronger partnership between the two institutions. During the visit, representatives from ICAN and Union Bank engaged in discussions on potential areas of…
By Ayomide Otitoju MultiChoice, the parent company of DStv and GOtv, has announced an upward adjustment in subscription prices for its packages, effective March 1, 2025. In a statement titled “Price Adjustments for DStv and GOtv Packages,” the company attributed the increase to rising operational costs, citing naira depreciation and high inflation as key factors….
By Ayomide Otitoju Telecommunications company Globacom has launched a new promotional offer, providing customers with a 15% bonus on every E-top up recharge of N200 or more. The initiative, which took effect on February 13, is aimed at enhancing the mobile experience of millions of Nigerians using the Glo E-top up platform. The bonus can…
By Ayomide Otitoju The Sultanate Council in Sokoto has announced that the search for the new crescent marking the beginning of Ramadan 1446AH will commence on Friday, February 28, 2025. Muslims across the country have been urged to look out for the appearance of the moon on that day. Those who sight the crescent are…
By Ayomide Otitoju The Special Offences Court in Lagos, presided over by Justice Rahman Oshodi, has dismissed an application seeking to halt the corruption trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. In a ruling on Wednesday, Justice Oshodi rejected a request for his recusal, stating that allegations of bias against him…
Pope Francis has shown slight improvement in his health, the Vatican announced on Wednesday, though it cautioned that the 88-year-old pontiff’s prognosis remains uncertain as he continues to battle pneumonia. “The clinical conditions of the Holy Father in the last 24 hours have shown a further, slight improvement,” the Vatican said in its evening health…
U.S. President Donald Trump on Tuesday unveiled a new immigration initiative to sell high-priced “gold card” residency permits for $5 million each, positioning the program as a means to attract wealthy investors and reduce the national deficit. Speaking to reporters in the Oval Office, Trump described the gold card as an elite alternative to the…
By Ayomide Otitoju Former President Goodluck Jonathan has called for the full automation of the Bimodal Voter Accreditation System (BVAS) and the Independent National Electoral Commission’s (INEC) Results Viewing Portal (IREV) to enhance public trust in Nigeria’s electoral process. Speaking on Tuesday at the YIAGA Africa Reflection Conference on Democratic Elections in West Africa, held…
