The Lagos State Government will cut fares on the Blue Line rail by 50 per cent on Thursday, September 4, 2025. Governor Babajide Sanwo-Olu announced the reduction to celebrate the line’s second anniversary, noting that it has already transported over 5 million commuters safely since it began operations. Governor Sanwo-Olu shared the news on his official X account, highlighting the rail line’s efficiency. He stated that the Blue Line now runs more than 90 trips a day, with trains arriving every ten minutes, which has significantly cut down on travel time for residents. The Blue Line is a 27-kilometer project…
Author: Elvis Eromosele
Zinox Technologies, a Nigerian ICT company, has partnered with KongaCares to launch an ambitious new corporate social responsibility program called “Computerize Nigeria.” The initiative, which was unveiled today at the GITEX Nigeria event, aims to provide interest-free computers to at least one million Nigerians, with a focus on students in higher education. The program is designed to address key challenges facing digital education in Nigeria. Each package includes more than just a computer; it also comes with a customized inverter solution to tackle power issues and a Starlink satellite internet connection. This holistic approach ensures that students receive a…
The federal government is launching two major initiatives to boost Nigeria’s digital economy. Starting October 1, 2025, the government will fund 75 new research projects, and it’s also moving to build hyperscale data centers in partnership with global tech giants. Bosun Tijani, Minister of Communications and Digital Economy, announced the research funding at the GITEX Nigeria 2025 event. The initiative, managed by the National Information Technology Development Agency (NITDA), aims to support researchers, startups, and companies, with the goal of making Nigeria a global hub for digital innovation. Securing Nigeria’s Digital Future The government recognizes it can’t build a…
NNPC Limited has announced the appointment of two experienced executives to lead its communications and stakeholder relations. Mr. Andy Odeh is the new Chief Corporate Communications Officer, and Mrs. Morenike Adewunmi has been named Chief Relations Officer. Mr. Odeh brings more than three decades of experience to his new role, with a long and distinguished career at Nigeria LNG (NLNG), where he held a variety of leadership positions. He is known for managing major public relations campaigns and for creating the NLNG Prize for Energy Reporting. Mrs. Adewunmi is a seasoned legal professional with over 25 years of experience…
Nestlé Waters has unveiled the Nestlé Water Quality Advocacy campaign; a bold initiative aimed at raising national awareness on the need for quality water across Nigeria. This campaign was developed in collaboration with the Organised Private Sector in Water, Sanitation, and Hygiene (OPS-WASH). Nestlé Waters and OPS-WASH have committed to taking the advocacy for quality water to all segments of society, from policymakers and businesses to schools, and grassroots communities, with the intent to close the knowledge gap around the invisible threats posed by contaminated water. The launch event in Abuja brought together key stakeholders to emphasise the critical importance…
Nestlé Waters has unveiled the Nestlé Water Quality Advocacy campaign; a bold initiative aimed at raising national awareness on the need for quality water across Nigeria. This campaign was developed in collaboration with the Organised Private Sector in Water, Sanitation, and Hygiene (OPS-WASH). Nestlé Waters and OPS-WASH have committed to taking the advocacy for quality water to all segments of society, from policymakers and businesses to schools, and grassroots communities, with the intent to close the knowledge gap around the invisible threats posed by contaminated water. The launch event in Abuja brought together key stakeholders to emphasise the critical importance…
Nigeria’s private sector is experiencing its strongest period of growth in over a year and a half. The Stanbic IBTC Bank Purchasing Managers’ Index (PMI) reached a 19-month high of 54.2 in August, up from 54.0 in July. This positive trend, which has lasted for nine straight months, is driven by a surge in customer demand and a greater willingness among clients to start new projects. The PMI reading, where any score above 50.0 indicates growth, shows that business conditions are steadily improving. Key Highlights of the Report Sector Performance: Output increased in the services, construction, and agriculture sectors. Manufacturing…
The Federal Government has announced a new plan to enroll 44 million Nigerians in the National Health Insurance Scheme (NHIS) by the year 2030. This ambitious target is a key part of the government’s strategy to reduce the country’s high rate of out-of-pocket healthcare spending. Speaking at the National Health Financing Policy Dialogue in Abuja, Dr. Iziaq Salako, Minister of State for Health, stated that President Bola Tinubu has prioritized strengthening health financing. The goal is to move Nigeria towards universal health coverage by boosting domestic resources and cutting reliance on foreign aid. Progress and Challenges The government has…
The Securities and Exchange Commission (SEC) has launched a newly redesigned website to boost regulatory transparency and protect investors. The upgraded platform, which was announced on Monday, is a significant step toward modernizing the commission’s operations and improving access to financial information. According to the SEC, the new website features a sleek, mobile-friendly design and improved navigation, making it easier for investors, market operators, and the public to find key resources. Emomotimi Agama, the SEC’s Director-General, said the redesign reflects the commission’s dedication to improving service delivery. “This digital advancement is a significant step in building a more transparent…
Sidi Ould Tah has been sworn in as the ninth President of the African Development Bank (AfDB), pledging to focus on institutional reform and building strategic partnerships to deliver tangible results across the continent. Ould Tah, a 60-year-old economist from Mauritania, was elected with the largest-ever majority for a first-term AfDB president. He succeeds Akinwumi Adesina, who completed two terms. In his inaugural address, Ould Tah outlined a four-point plan for his first 100 days, emphasizing the need for internal reform, operational responsiveness, and accelerating development outcomes. He stated that the bank would “bridge divides, between regions, between ambitions and…