MTN Nigeria Communications Plc has temporarily suspended its airtime and data lending service, “Xtratime”, following new regulations introduced by the Federal Competition and Consumer Protection Commission (FCCPC). The company disclosed this in a corporate filing to the Nigerian Exchange Limited (NGX) on Thursday. MTN said the suspension was necessitated by the FCCPC’s Digital, Electronic, Online…
FirstBank has announced its strategic sponsorship of the second edition of ChessMasters, Africa’s largest school chess tournament. ChessMasters is an annual chess tournament designed to equip the next generation with critical thinking, problem-solving, and leadership skills. The competition targets children in primary school aged between 6 and 11 years old. Organised by Eko Hotels and…
The Hope Alive Initiatives, HAI, a pro good governance civil society organisation, has applauded President Bola Ahmed Tinubu for approving about N3 trillion for the payment of debt owed electricity companies. The group gave the commendation in a statement made available to newsmen in Abuja on Friday by its Director of Press and Communications, Ernest…
The World Bank has stated that rising fuel costs and persistently high inflation risk are squeezing incomes and slowing poverty reduction, though Nigeria’s economy is set to grow in the first half of 2026 despite the Iran war. World Bank Nigeria lead economist, Fiseha Haile, stated this during the Nigeria Development Update (NDU) presentation in…
FirstBank has announced its sponsorship of the maiden edition of the Samuel Okwaraji Under 16 Football Championship, a nationwide youth football tournament organised to honour the late Samuel Okwaraji, one of Nigeria’s most celebrated football legends renowned for his patriotism, discipline, and commitment to national service. The tournament will engage secondary schools from all 36…
FirstBank, West Africa’s premier financial institution and financial inclusion services provider has announced the upcoming edition of the SMEConnect Webinar scheduled to hold on Tuesday, 31 March 2026. The event will equip small and medium-sized enterprises (SMEs) with the knowledge and tools to harness the power of Artificial Intelligence (AI) for business growth. This edition…
The Chief Executive Officer and Managing Director of the Dangote Refinery, David Bird, yesterday raised concerns over Nigeria’s inability to supply sufficient crude oil to the facility, disclosing that deliveries under the government’s crude supply arrangement are falling significantly short of agreed volumes. Speaking in an interview on Arise Television, Bird said the refinery, which…
Tension is building ahead of the national convention of the All Progressives Congress (APC), as a group of contractors has issued a strong warning over unpaid debts. The contractors say the event may face disruption if the federal government fails to meet their demands within days. The All Indigenous Contractors Association of Nigeria (AICAN) made…
Edo State House of Assembly minority leader, Barr. Charity Aiguobarueghian, has come hard on the Benin Electricity Distribution Company (BEDC) over what he described as systemic exploitation of citizens in the state. The lawmaker alleged that communities are being compelled to pay additional fees to connect to transformers already provided through constituency interventions. Giving vent…
FirstBank’s MREIF mortgage loan product is an opportunity waiting for Nigerians to grab, as FirstBank, Ministry of Finance Incorporated (MOFI) partner to bridge housing deficit and empower citizens with credit to own their own homes of choice in any 36 states of the federation including Federal Capital Territory (FCT). This laudable initiative considers the importance…
