Moniepoint Inc. has announced a N3 billion investment to establish innovation hubs in three federal universities as part of efforts to strengthen Nigeria’s technology talent pipeline. The initiative will see the creation of Moniepoint Innovation Hubs at Obafemi Awolowo University (OAU), University of Nigeria Nsukka (UNN), and Ahmadu Bello University (ABU) over the next three years. The company said the selected institutions were chosen to ensure a broader geographic spread of tech opportunities across Nigeria’s regions, rather than concentrating innovation resources in major cities alone. According to Moniepoint, each innovation hub will serve as a dedicated training centre for students…
Author: Elvis Eromosele
The Joint Admissions and Matriculation Board (JAMB) has scheduled Saturday, June 13, 2026, for the conduct of the 2026 Unified Tertiary Matriculation Examination (UTME) mop-up exercise for affected candidates nationwide. The announcement was made in a statement issued on Monday by Fabian Benjamin, JAMB;s spokesperson. According to the Board, the mop-up examination is meant for candidates who were successfully biometrically verified during the main UTME but could not sit for the examination due to technical issues, biometric verification problems, or withdrawn results linked to examination infractions. JAMB said the exercise represents the final stage of the 2026 UTME process and…
Nigeria has cancelled $717.7 million in undisbursed funding under the World Bank-backed Power Sector Recovery Operation (PSRO), dealing a fresh blow to efforts aimed at stabilising the country’s troubled electricity sector. The cancellation comes amid worsening tariff shortfalls, foreign exchange pressures, weak revenue collection, and persistent operational challenges across the power industry. According to a restructuring document obtained from the World Bank, the Federal Government formally requested the cancellation on March 26, 2026, as part of a joint decision to discontinue financing under the programme and redirect support to alternative interventions. The document revealed that the programme’s closing date has…
The Nigerian Healthcare Excellence Award (NHEA) has officially opened online voting for the 2026 edition of the awards, marking the commencement of the final public participation phase ahead of this year’s highly anticipated award ceremony. Following an extensive nomination and screening process conducted by the NHEA Jury, several outstanding healthcare institutions, professionals, healthcare technology companies, diagnostics providers, pharmaceutical organisations, HMOs, and media organisations have emerged as nominees across various categories. Widely regarded as the premier recognition platform for excellence within Nigeria’s healthcare sector, the Nigerian Healthcare Excellence Award continues to spotlight organisations and individuals making exceptional contributions toward improving healthcare…
© 2026 By Ogbo Awoke Ogbo “He has made everything beautiful in its time. He has also set eternity in the hearts of men, yet they cannot fathom the work that God has done from beginning to end.” ~Ecclesiastes 3: 11 BSB “Sir, please, I just need to talk to someone before I take my life.” “Sir, if you see this message, I’m currently one of the most confused persons right now.” “Sir, I am a young man who needs guidance at this point of my life. Please sir, just a few minutes of your time over the phone will…
The board of IHS Holding Limited has unanimously endorsed MTN Group’s proposed $2.2 billion all-cash acquisition of the telecom infrastructure giant, clearing a major hurdle in the move to take the company private. In a filing submitted to the U.S. Securities and Exchange Commission (SEC) on May 19, IHS disclosed that its board determined the transaction is in the best interests of both the company and its shareholders. The board also concluded that MTN’s offer of $8.50 per share represents fair value for ordinary shareholders. The deal, first announced in February 2026, will see MTN acquire all outstanding shares of…
Dr Ifeyinwa “Ify” Aniebo Rhodes-Vivour, Nigerian molecular geneticist, has announced a landmark breakthrough in Nigeria’s fight against malaria: the country’s first National Genomic Surveillance Platform, a cutting-edge system designed to track drug resistance and accelerate progress toward malaria elimination. Dr Rhodes-Vivour, an Associate Professor at the Institute of Genomics and Global Health (formerly ACEGID), revealed that she has been leading Nigeria’s first-ever National Malaria Genomic Surveillance initiative since 2021. “It’s my brainchild,” she said, “and it is transforming how we detect, track, and fight malaria.” The new platform enables real-time monitoring of drug-resistant malaria parasites, allowing health officials to respond…
Diageo Nigeria, in partnership with Celebr-8 Lyfe, the Lagos State Employment Trust Fund (LSETF), and the Ministry of Employment and Wealth Creation, has graduated the first cohort of its “Learning for Life” (L4L) youth empowerment programme. The initiative, which focuses on hospitality and tourism skills development, trained over 300 young Nigerians — surpassing its initial target of 250 participants. Launched in September 2025, the programme is aimed at improving employability through practical training, mentorship, and workplace readiness support. According to organisers, more than 150 graduates have already secured internship placements across Lagos State’s hospitality sector, with several transitioning into full-time…
AIICO Insurance Plc has announced the appointment of three new directors to its board as part of efforts to strengthen governance and strategic oversight. The appointments were disclosed in a corporate notice signed by the company secretary, Donald Kanu. According to the statement, Sadiq Mohammed was appointed as an Independent Non-Executive Director, while Tunde Mabawonku and Rolake Akinkugbe-Filani joined the board as Non-Executive Directors. The company said the appointments bring extensive experience across financial services, banking, capital markets, infrastructure, and advisory services. Sadiq Mohammed has more than three decades of experience spanning financial markets, pensions, real estate, infrastructure, fintech, and…
Accion Microfinance Bank has celebrated its 20th anniversary, marking two decades of supporting small businesses, empowering underserved communities, and deepening financial inclusion across Nigeria. The milestone was commemorated at a gala event in Lagos attended by customers, partners, employees, industry stakeholders, and business leaders who gathered to reflect on the institution’s journey from a small microfinance lender established in 2006 to a recognised player in Nigeria’s financial inclusion landscape. Over the years, the bank has focused on providing accessible financial services to traders, artisans, market women, small business owners, and individuals traditionally excluded from formal banking systems. Speaking during the…