President Bola Ahmed Tinubu has appointed Segun Aina, a Professor of Computer Engineering at Obafemi Awolowo University, as the new Registrar of the Joint Admissions and Matriculation Board (JAMB). Professor Aina will succeed Is-haq Oloyede, whose second term in office is scheduled to end on July 31, 2026. The appointment was announced in a statement issued by Bayo Onanuga, spokesperson to the President. According to the Presidency, Professor Aina is a respected academic and systems expert with extensive experience in digital infrastructure, national examination systems, and public-sector reform. President Tinubu is said to expect the new registrar to leverage his…
Author: Elvis Eromosele
Meta Platforms Inc. has begun notifying employees across its global workforce of about 8,000 job cuts as part of a major restructuring tied to its artificial intelligence (AI) expansion and cost-efficiency drive. The layoffs, which started on Wednesday morning, were first communicated to staff in Asia around 4 a.m. Singapore time, with employees in the United States also expected to receive notifications later in the day, according to an internal memo cited by Bloomberg. The job reductions form part of Meta’s broader strategy to streamline operations while redirecting significant investment into AI infrastructure, product development, and automation systems. Earlier in…
The Federal Airports Authority of Nigeria (FAAN) has activated enhanced Ebola response protocols at all international airports across Nigeria to strengthen surveillance, passenger screening, and emergency preparedness against the possible spread of the virus into the country. The move was announced in a statement issued on Wednesday by Henry Agbebire, Director of Public Affairs and Consumer Protection at FAAN. According to the agency, the measures were introduced following the outbreak of the Bundibugyo strain of Ebola Virus Disease in parts of Central Africa, which has triggered renewed regional health surveillance and cross-border preparedness efforts. FAAN said it has intensified preventive…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 26.5 per cent following the conclusion of its 305th meeting in Abuja. The decision was announced on Tuesday by Olayemi Cardoso, Governor of the CBN, after the meeting attended by all 11 MPC members. The committee also retained all other key monetary policy parameters, signalling a cautious approach as policymakers continue to monitor inflationary pressures and broader macroeconomic conditions. According to the apex bank, the decision to keep rates unchanged was driven by persistent inflation concerns and the need to sustain…
The Lagos Metropolitan Area Transport Authority (LAMATA) has suspended the movement of goods on all regulated public buses across Lagos, with enforcement set to begin on June 1, 2026, as part of efforts to improve passenger comfort, safety, and operational efficiency. The directive was announced in a statement issued on Tuesday by Kolawole Ojelabi, Head of Corporate Communication at LAMATA. According to the agency, the decision followed growing complaints from commuters and operational challenges caused by the increasing use of regulated buses for transporting goods and heavy loads alongside passengers. LAMATA said the practice had negatively affected passenger comfort, safety,…
Dr. Aminu Maida, Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), has said Nigeria’s ongoing review of the National Telecommunications Policy (NTP) 2000 is a strategic national initiative capable of unlocking major economic benefits, including an additional two per cent growth in GDP, the creation of more than two million jobs, and nearly ₦2 trillion in additional tax revenue by 2030. Speaking at the NTP 2000 Review Workshop in Lagos on Wednesday, Dr Maida described the proposed policy direction as more than a routine sector review, saying it represents a national economic transformation agenda aimed at accelerating digital adoption…
Bharti Airtel is moving to strengthen its control over its African operations with a proposed $2.9 billion stake consolidation in Airtel Africa, as the group positions itself ahead of a planned mobile-money initial public offering (IPO). The plan, disclosed by Bharti Airtel founder Sunil Bharti Mittal, seeks to raise the company’s ownership in its African unit to as much as 90% through a share swap arrangement, according to reports cited by Bloomberg. The move underscores growing confidence in Airtel Africa’s long-term prospects as mobile connectivity and digital financial services continue to expand rapidly across 14 African markets. Mittal described Africa…
Facebook has launched the sixth edition of its pan-African “Made by Africa, Loved by the World” campaign, with this year’s spotlight focused on African cinema and storytelling ahead of Africa Day on May 25. The 2026 campaign, themed “Where Stories Spark Community,” features a five-part vodcast series highlighting internationally recognised actors and filmmakers from Nigeria and South Africa. According to Meta, the series will be hosted by popular African podcast platforms I Said What I Said from Nigeria and Because We Said So from South Africa. Speaking on the campaign, Kezia Anim-Addo, Communications Director for Africa, Middle East and Turkey…
The Nigerian Institute of Public Relations (NIPR), Lagos State Chapter, has announced a strategic collaboration with the Lagos Chamber of Commerce and Industry (LCCI) aimed at strengthening professional development, ethical communication and capacity building within Nigeria’s organised private sector. The framework for the partnership was established during a courtesy visit by the leadership of the NIPR Lagos Chapter, led by Samuel Ayetutu, PhD, fnipr, its Chairman, to the President and Leye Kupoluyi, Chairman of Council of LCCI. The collaboration will focus on organising specialised training programmes, workshops and professional engagements designed to enhance the communication competencies of entrepreneurs, corporate executives,…
The National Pension Commission has granted Pension Fund Administrators (PFAs) a special regulatory waiver to invest pension assets in the planned Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals. The approval, contained in a circular dated May 13, 2026, temporarily relaxes some of the investment restrictions that normally guide pension fund investments in equities. PenCom described the decision as a one-off exception granted because of the refinery’s strategic importance to Nigeria’s economy and its strong investment outlook. Under existing pension investment rules, PFAs are typically required to invest only in companies with established profitability and dividend payment history.…