MTN Nigeria Communications PLC (MTN Nigeria) has announced the renewal of its spectrum lease agreement with Natcom Development and Investment Limited (NTEL), following approval from the Nigerian Communications Commission (NCC).This renewal extends a partnership that began in 2023 when MTN Nigeria first announced that the NCC had approved a spectrum lease agreement with NTEL.The original agreement allowed MTN Nigeria to lease two essential spectrums: a 5 MHz Frequency Division Duplex (FDD) and a 10 MHz FDD, improving connectivity in 19 states across Nigeria.By leveraging these spectrums, MTN Nigeria aims to greatly enhance the user experience for both 3G and 4G…
Author: Oladi Samuel
Read More
The Enugu State Government has earmarked N837.9 billion, representing 86% of its N971 billion 2025 budget, for capital expenditure.Meanwhile, recurrent expenditure is set at N133.1 billion, accounting for 14% of the total budget.Governor Peter Mbah disclosed this on his official X page on Tuesday, following the signing of the “Budget of Exponential Growth and Inclusive Prosperity” into law.He described the budget as a cornerstone of his administration’s drive to transform Enugu into a hub of opportunities, ensuring inclusive development for all residents.“Today, I signed into law the N971 billion Enugu State 2025 Appropriation Bill aptly christened the “Budget of Exponential…
As Nigerians celebrate the festive season, surging inflation rates have significantly impacted household expenses, with food and non-alcoholic beverages experiencing a near 40% increase in 2024.This is according to an analysis of data from the National Bureau of Statistics (NBS).The Consumer Price Index (CPI) report highlights steep price hikes across key categories, highlighting the financial strain faced by many citizens.The CPI data reveals that inflation for food and non-alcoholic beverages has consistently climbed throughout the year, culminating at 39.87% in November 2024, compared to 32.63% in November 2023. This represents a sharp year-on-year increase of 7.24 percentage points. The trend…
Nollywood’s box office queen, Funke Akindele, has once again proven her star power with her latest blockbuster, Everybody Loves Jenifa.The film achieved an impressive $100,000 in its opening weekend across nine international territories: Germany, the UK, Ireland, Canada, Norway, New Zealand, Sweden, Australia, and USA.This historic milestone marks the first time a Nollywood film has reached such earnings across these regions, setting a new benchmark for the industry.Akindele, who also produced the film, celebrated the achievement with an emotional social media post:“We did it, guys. $100,000 in diaspora sales and counting— the first Nollywood film to hit this milestone. I’m…
The Kogi State House of Assembly has passed the N582,404,119,489 budget proposal for 2025 as presented by Governor Ahmed Usman Ododo.The approval was concluded on Tuesday after deliberations.The lawmakers passed the bill in Lokoja following a presentation by the House Standing Committee on Appropriation, Budget Monitoring, and Economic Planning.Governor Ododo had, on December 3, presented the N582,404,119,489 proposal to the state assembly, seeking speedy approval from the lawmakers.Need to Discharge Responsibilities During the clause-by-clause consideration by the Sub-Committee of Supply, the Speaker, Mr. Aliyu Yusuf, revealed that the proposal included an authorised recurrent expenditure of over N281,153,215,687.He further noted that the…
The United Nations General Assembly on Tuesday adopted the Convention against Cybercrime, a landmark global treaty aimed at strengthening international cooperation to combat cybercrime and protecting societies from digital threats.The agreement on the legally binding treaty marked the culmination of a five-year effort by UN Member States, with inputs from civil society, information security experts, academia and the private sector.UN Secretary-General, António Guterres, welcomed the adoption of the Convention – the first international criminal justice treaty to have been negotiated in over 20 years.“This treaty is a demonstration of multilateralism succeeding during difficult times and reflects the collective will of…
Nigeria’s festive season during Christmas is a time of unparalleled celebrations, and each region of the country has its unique way of marking the occasion with vibrant festivals.From parades filled with music and dance to cultural exhibitions showcasing local traditions, Christmas carnivals across Nigeria offer the perfect opportunity to experience the country’s rich heritage and holiday spirit.In this guide, we will explore some of the most anticipated Christmas carnivals across Nigeria, with detailed insights into what makes them unique.1. Calabar Carnival (Cross River State) Often referred to as Africa’s Biggest Street Party, the Calabar Carnival is one of the most anticipated…
Countries are competing to attract skilled professionals by offering high salaries, fast-track visa programs, and abundant job opportunities.These nations not only lead in salary offerings for skilled workers in 2024 but also have strong projections for continued demand in 2025.According to DAAD Scholarship, the following countries stand out for their attractive pay and promising prospects.1. Switzerland – $87,500 average salarySwitzerland remains the top destination for skilled workers in 2024, with an average salary of $87,500. The country offers several work permit options for skilled workers, including the L permit and B permits.Key sectors facing shortages in Switzerland include:IT specialists, healthcare…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled its state-of-the-art Production Monitoring Command Centre (PMCC), a groundbreaking initiative aimed at revolutionizing hydrocarbon production monitoring and boosting operational efficiency across the oil and gas sector.This is contained in a statement issued on X (formerly Twitter) on Wednesday.The PMCC is designed to provide a centralized, real-time view of hydrocarbon production and transportation activities, ensuring the seamless integration of data and processes.By leveraging advanced analytics and predictive technologies, the PMCC addresses critical industry challenges and enhances decision-making capabilities for stakeholders.According to the NNPC Ltd, the PMCC delivers solutions through its centralized…
Ogun State House of Assembly on Tuesday passed the state’s 2025 Appropriation Bill with a total expenditure of N1,054,542,020,147.The bill was presented to the house by the State Governor, Dapo Abiodun earlier this month.The budget was passed with adjustments in the recurrent expenditures of about 21 agencies, and the capital expenditures of five agencies, as well as adjustments in the revenue targets of two agencies.The passage of the Appropriation Bill followed the presentation of the report of the House Committee on Finance and Appropriation by its Chairman, Hon. Musefiu Lamidi, whose motion for adoption was seconded by his Deputy, Hon.…