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West Africa’s healthcare investment momentum builds as World Health Expo returns to Nigeria
Nigeria’s healthcare sector is undergoing rapid transformation, with forecasts predicting a 7.1 percent expansion and an anticipated market value of US$161.7 million by 2027. This growth is fuelled by a US$1.2 billion Federal Ministry investment in infrastructure and workforce, major oncology and ...
PowerLabs raises pre-seed funding to deploy AI energy platform across Nigeria
PowerLabs, a Nigerian energy and climate-tech startup, has raised a pre-seed round led by Breega, with participation from Catalyst Fund, Mercy Corps Ventures, and Kaleo Ventures, to scale its AI-enabled energy orchestration platform, Pai Enterprise. The company said the funding will accelerate deplo...
Lagos drags tax defaulters to court over N1.6bn ahead of filing deadline
As the deadline for filing annual tax returns approaches, the Lagos State Government has intensified enforcement, dragging dozens of individuals and companies before the state’s Revenue Court over unpaid tax liabilities exceeding N1.6 billion. The action comes following an earlier extension grante...
Chams declares N270m in final dividend payout to shareholders
Chams Holding Company Plc has declared N270 million in final dividend to shareholders for the fiscal year ended December 31, 2025. In a corporate announcement on Thursday, the Nigerian-based technology provider disclosed that a final dividend of N0.03 for every share of 50 kobo each, subject to appr...
A day with the ‘tiny priests’ of the Priesthood Orphanage
The Mayor of Housing is a very busy man, hard to track down, as he is meeting with the busiest men and women and on call with industry leaders in most state capitals and countries. On this Easter Sunday, however, My-ACE China, the Mayor of Housing, was traced to Plot 11 Miracle Estate, Girl School [...
Rivers State University targets N110bn in 5-year strategic development plan
…Deep study reveals how to take RSU to top 10 Nigerian universities …Focus to be on research, innovation, and entrepreneurship The Rivers State University (RSU), Nkpolu-Oroworukwo, Port Harcourt, formerly the University of Science and Technology (UST), has unveiled a new vision that may require ...
FTSE frontier upgrade ignites Seplat, GTCO, Zenith rally
The Nigerian equities market has entered a new era of expansion, propelled by a return of global institutional confidence. Leading the charge are heavyweights such as Seplat, GTCO, and Zenith Bank, whose recent rallies have pushed the Nigerian Exchange (NGX) to historic heights. The catalyst for the...
Lower petrol prices imminent as global oil prices plunge 15%
…Dangote reduces petrol to N1,200 Nigerian motorists bracing for another round of fuel price hikes may finally catch a break as Brent, the benchmark for Nigerian crude, plunged more than 15 percent to below $95 per barrel on Wednesday. This development followed President Donald Trump’s a...
Experts link N135bn litigation to weak electoral integrity
…raises doubts about credibility despite increased INEC funding The federal government’s decision to set aside N135.22bn in the 2026 budget for post-election litigation has triggered sharp reactions from political stakeholders and analysts, who warn that the provision not only places an addi...
Gov. Sule unveils Nasarawa Investment Summit 2026
Governor Abdullahi Sule of Nasarawa State has unveiled the 2026 Nasarawa Investment Summit, announcing plans for a “Lafia Declaration” aimed at institutionalising reforms and providing a clear development pathway for the state capital, which he noted lacks a comprehensive master plan. Speaking a...
Ediri Oyibo to unveil Journalism NeXt at Abuja book launch event
…book explores the future of journalism in the digital age Ediri Oyibo, Editor of TheNewsGuru (TNG), is set to unveil a new book titled Journalism NeXt: A Comprehensive Guide to Modern Journalism at a landmark event in Abuja aimed at advancing discourse on the future of media practice. According t...
Radda inaugurates Amana Microfinance Bank board
Dikko Umaru Radda, Governor of Katsina State, has inaugurated the governing board of Amana Microfinance Bank as part of efforts to expand and streamline the operations of the state-owned financial institution. The inauguration, held at the Government House in Katsina on Tuesday, aligns with the poli...
Dangote Refinery’s crude supply doubles amid high import costs
The Dangote Refinery, Africa’s biggest, received 10 Nigerian crude cargoes in March, double from what it received in February, as Africa’s most populous nation aims to secure enough fuel supply amid the global crude and refined product crunch as a result of the war in the Middle East. Dangot...
UNILAG’s AI innovation hub a crucible for interdisciplinary research—VC
At a time when Artificial Intelligence (AI), is reshaping disciplines across the globe, the University of Lagos is positioning itself....
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Court sentences terrorism convicts to 20 years, life imprisonment
The Federal High Court in Abuja on Tuesday sentenced a group of suspected terrorists to varying jail terms, including 20 years imprisonment on each count and life imprisonment for one of the convicts. Several defendants were handed 20-year sentences on each count, to run concurrently, while a key su...
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