Abuja Electricity Distribution Company Disconnects Government Offices Over Debt In Niger

MINNA — Niger State House of Assembly, Office of the Secretary to the State Government, and water board are among other government offices that resorted to using generators to power their offices due to the disconnection of the offices by the Abuja Electricity Distribution Company (AEDC) over a debt amounting to N1.9 billion. AEDC regional manager in Minna in a document issued on Friday said the debt spanned over eight years and vowed not to...

Access Bank Transforms To Holding Company, Access Corporation On May 1

LAGOS — Access Bank Plc said it will be transforming from core banking into a full financial services holding company known as Access Corporation from 1 May. In a notice to shareholders on Saturday, the Managing director of the bank, Herbert Wigwe said the new company will be known as Access Holdings, PIc, but trading as Access Corporation. “This change will see us evolve from a bank into a large-scale ecosystem player offering a new...

Mark Zuckerberg Announces New Features For WhatsApp

Mark Zuckerberg, Metaverse CEO, has announced that there would be additional features added to the popular instant messaging platform, WhatsApp. Zuckerberg made the announcement in a lengthy Facebook post on Thursday. According to the Meta boss, one of the new features, WhatsApp Communities, will enable users to not only communicate with close friends and contacts, but also with all of the different communities in their life. The community, which will help in the management of...

Portable Bags Endorsement Deal With Sujimoto

Habeeb Okikiola, the fast-rising Nigerian singer better known as Portable, has secured an endorsement deal with Sujimoto, a leading Nigerian construction company. The budding musician, who gained traction with his hit track ‘Zazoo Zeh’ featuring Olamide, the rapper, and Poco Lee, the dancer, announced the deal via Instagram on Wednesday. Sharing a video showing the moment he signed the contract, the Zazu crooner could be seen striking his famous pose with one of the company’s...

GlaxoSmithKline Agrees to Buy Sierra Oncology for $1.9bn

British pharmaceuticals producer GlaxoSmithKline has agreed to buy late-stage biopharmaceutical company Sierra Oncology. GlaxoSmithKline said on Wednesday that it would pay 55 dollars per share of common stock in cash, representing an approximate total equity value of 1.9 billion dollars. The acquisition is to be carried out through a one-step merger in which the outstanding shares of Sierra Oncology will be cancelled and converted into the right to receive 55 dollars per share in cash....

Obi Cubana Promises 20 Secondary School Classmates N2m Each At A Reunion

Nigerian Businessman and socialite, Obi Iyiegbu, popularly known as Obi Cubana, has promised to give the sum of N2m each to 20 of his secondary school classmates, who are struggling financially. In a video, the socialite urged his other secondary schoolmates to set up a trust fund that will cater to the poor amongst them. Cubana said, “Life is not just about taking pictures and posting on Instagram. I mean, many people think that we...

FG Disburses N200,000 Grant to Local Producers of Assistive Devices

LOKOJA — The Federal Government has disbursed N200, 000 each to some identified local producers of assistive devices across the 36 states of the federation. Hajia Sadiya Umar Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development (FMHADMSD) said this at a three-day capacity building workshop for Local Producers of Assistive Technologies (AT) in Lokoja, Kogi. The minister explained that the ministry in collaboration with state governments had earlier in 2018, through a forum...

NIN: FG Orders Telcos to Bar Outgoing Calls On Unlinked SIMs

ABUJA — The Federal Government has ordered telecommunication companies in the country to bar all outgoing calls on all unlinked lines from Monday, April 4, 2022. Unlinked lines are Subscriber Identity Modules (SIMS) not yet registered and linked with the National Identification Number (NIN) by users. The government’s directive was announced in a statement jointly signed on Monday by the Director of Public Affairs at the Nigerian Communications Commission (NCC), Ikechukwu Adinde, and the Head...

SIM-NINs Links Ends Today

ABUJA — The extension granted to telecom subscribers across Nigeria to link their Subscriber Identity Module (SIM) with their National Identity Numbers (NINs) ends today. The March 31, 2022 extension was granted last December by the Federal Government after the earlier deadline had elapsed. Last year, the Minister of Communications and Digital Economy, Prof. Isa Pantami, had conveyed the approval of the Federal Government to extend the deadline for the NIN-SIM data verification till March 31,...

Senate Directs MultiChoice To Reduce Prices Of DStv, GOtv Packages

ABUJA — The Senate has asked MultiChoice to reduce the prices of its DStv and GOtv packages owing to the prevailing economic circumstances of the country. It would be recalled that last week, Multichoice announced that from April 1, 2022, the prices of both DStv and GOtv subscriptions would increase due to the rising costs of inflation and business operations in Nigeria. But during the plenary on Wednesday, March 30, Senator Patrick Abba Moro, a...

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