Nigeria’s ambition to build a $1 trillion economy hinges entirely on robust digital connectivity, yet the country’s fixed fibre broadband remains critically underdeveloped. Speaking at the Association of Telecommunications Companies of Nigeria (ATCON) High-Level Industry Forum in Lagos, Dr. Aminu Maida, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), issued a stark warning that Nigeria must aggressively accelerate its Fibre-to-the-Home (FTTH) deployment to power the rapidly growing demands of artificial intelligence, cloud computing, and digital business. The current infrastructure landscape highlights a massive gap between Nigeria and the rest of the world. The country currently counts only about…
Author: Elvis Eromosele
…31 Winners, Healthcare Icons Honoured at Nigeria’s Premier The finest institutions, professionals and innovators in Nigeria’s healthcare sector were celebrated on Friday night as the Nigerian Healthcare Excellence Awards (NHEA) 2026 honoured outstanding achievements across the healthcare value chain at a colourful ceremony held at Eko Hotel & Suites, Victoria Island, Lagos. The event, attended by healthcare leaders, policymakers, regulators, development partners, healthcare professionals and industry stakeholders, also recognised distinguished individuals whose lifelong contributions have shaped healthcare delivery, education, financing and medical innovation in Nigeria. Dr. Iziaq Adekunle Salako, Honourable Minister of State for Health and Social Welfare, who graced…
…seeks private investment to bridge Nigeria’s 250,000-tractor deficit TracTrac Mechanisation Services Limited (MSL), a Nigerian-owned agricultural technology company, has launched an ambitious youth empowerment programme aimed at training and engaging 36,000 young Nigerians in agricultural mechanisation while calling for increased private sector investment to address the country’s critical shortage of farm machinery. The initiative, known as Young People in Mechanisation (YPiM), will recruit 1,000 participants from each of Nigeria’s 36 states. The programme targets young people between the ages of 18 and 35 and is designed to build a new generation of skilled operators, technicians and entrepreneurs in agricultural mechanisation.…
The Federal Government will officially launch the Digital National Education Management Information System (DNEMIS) on July 1, marking a major step toward modernising education planning and data management across Nigeria. The launch was announced on Monday in Abuja by Mr. Adebayo Onigbanjo, the National Project Coordinator of the Special Programmes Operations and Implementation Unit (SPOIU) in the Office of the Minister of Education. According to the News Agency of Nigeria (NAN), DNEMIS is a flagship initiative under the Nigeria Education Data Infrastructure (NEDI), a key component of the Nigeria Education Sector Renewal Initiative. The platform is designed to create a…
The report from the National Bureau of Statistics (NBS) tells a story that goes far beyond food inflation. It exposes the widening gap between incomes and the real cost of living in Nigeria. While the headline figure, N1,589 per adult per day, may appear to be just another economic statistic, it represents the minimum amount required for one adult to eat a nutritionally adequate diet. For millions of Nigerians, that benchmark is becoming increasingly difficult to attain. The latest Cost of a Healthy Diet (CoHD) report released by the National Bureau of Statistics (NBS) should serve as another wake-up call…
The Lagos State Government has ordered the immediate demolition of illegal structures obstructing drainage channels and canal right-of-way in Agungi, Ajiran, and Ikota as part of efforts to curb persistent flooding in the Lekki corridor. The directive follows recent flooding in several parts of Lagos after days of heavy rainfall and forms part of the state’s ongoing campaign to restore natural waterways and improve stormwater management. The decision was announced in a statement posted on the Lagos State Government’s official Facebook page on Monday. According to the government, the enforcement exercise will focus on reopening blocked drainage channels and removing…
The Federal Government has directed petroleum marketers to immediately reduce the pump prices of Premium Motor Spirit (PMS), popularly known as petrol, and other petroleum products to reflect the recent decline in global crude oil prices. The directive was issued on Monday by Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources (Oil), during the 2026 Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) General Counsel and Legal Advisers Forum in Abuja. The forum was themed “Beyond Compliance: Certainty and Investment Confidence in Nigeria’s Petroleum Sector.” Lokpobiri said the easing of geopolitical tensions involving Iran and the United States…
The Nigerian Education Loan Fund (NELFUND) has condemned some tertiary institutions for delaying or refusing to refund tuition fees to students who had already paid before their education loans were disbursed. The agency also expressed concern over reports that some institutions have arbitrarily increased tuition fees and other charges, warning that such practices undermine the objectives of the Federal Government’s student loan scheme. In a statement issued on Monday in Abuja, Oseyemi Oluwatuyi, NELFUND’s Director of Strategic Communications, said the student loan programme was established to remove financial barriers to higher education—not to create new burdens for beneficiaries. “The Student…
Nigeria’s pension fund assets rose to a record ₦31.32 trillion in May 2026, underscoring the resilience of the country’s pension industry despite persistent inflationary pressures, exchange rate volatility and broader economic challenges. The latest unaudited report released by the National Pension Commission (PenCom) shows that total pension assets increased by ₦384.98 billion in May, representing a 1.23 per cent month-on-month growth from ₦30.94 trillion recorded in April. On a year-on-year basis, pension assets expanded by 29.5 per cent, rising from ₦24.18 trillion in May 2025. The sustained growth reinforces the pension industry’s position as one of Nigeria’s largest sources of…
Following months of competition involving more than 13,000 secondary schools across Nigeria, MILO has unveiled the twelve schools that will compete at the National Finals of the 26th MILO School Basketball Championship (MSBC), reaffirming its long-standing commitment to using sport as a platform to help young people build confidence, resilience, discipline and leadership. Since its launch in 1999, the MILO School Basketball Championship has grown into one of Nigeria’s longest-running grassroots sports development initiatives. What began with fewer than 500 participating schools has evolved into a national platform that reaches over 13,000 secondary schools annually, creating opportunities for young athletes…