9mobile Relaunches as T2 to Revive Brand

Nigeria’s fourth-largest telecom operator, 9mobile, has officially rebranded to T2, marking what the company describes as the start of “a bold new chapter” in its history. The unveiling took place on Friday at the Eko Hotels and Suites, Lagos, during a corporate event tagged ‘Tech Meets Tenacity’, attended by industry leaders, government officials, and top entertainers. The transformation sees the company swap its signature green for an orange colour, signalling a fresh direction for its...

UBRBDA Boss Assures Contractors Of Due Process In Awarding Contracts

The Upper Benue River Basin Development Authority, UBRBDA, Yola, has assured contractors handling various projects of transparency and due process in awarding contracts. Dr. Mahmud Sanusi Mohammed, Managing Director, Upper Benue River Basin Development Authority, Yola, gave the assurance during the opening of Technical bidding for 2025 that covers works, supply, and goods held at the conference hall of the Authority in Yola, Monday. Represented by the Executive Director, Finance and Administration of the Authority,...

Oil Suppliers Clash With Dangote Over Plans To Bypass Traditional Fuel Distribution Network

…Seek FG Intervention Over Looming Job Loss The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has raised an alarm over Dangote Refinery’s imminent plan to distribute petroleum products directly to end users, bypassing established distribution networks. Benneth Korie, NOGASA’s President stated that the approach could hurt Nigeria’s fuel market, threaten thousands of jobs, and potentially result in long-term product scarcity if not carefully managed. Korie, while speaking at the association’s Annual General Meeting...

The Coca‑Cola Company has formally entered into an agreement to sell Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC, pending regulatory approval. CHI Limited is a prominent Nigerian food and beverage firm with a diversified portfolio of value‑added dairy products, juices, nectars, still drinks and snacks. The Hollandia brand leads the market in evaporated milk and drinking yoghurt, while Chivita dominates the fruit juice segment. The transaction aligns with Coca‑Cola’s ongoing strategy to adopt a...

Oyo Gov’t To Enforce Ban On Bola Ige International Market

Due to insecurity in the popular Gbagi Market, Ibadan, the Oyo State government has expressed its readiness to enforce a ban on Sunday trading at the Bola Ige International Business Complex. Hon. Adeniyi Adebisi, commissioner for Investment, Trade, Cooperatives and Industry, who stated this on Thursday, in his Office at the Secretariat, Ibadan, said the ban would curb rising insecurity and restore order at the market. “Criminal elements were increasingly exploiting the less crowded Sunday...

Adamawa Gov’t Approves N22.8 Billion Budget Adjustment

The Adamawa State Executive Council has approved a budget reallocation of N22.8 billion within the existing 2025 budget of N486.2 billion. Mr. Emmanuel Pridimso, Commissioner for Budget and Planning, disclosed this to newsmen after the Council meeting chaired by Governor Ahmadu Umaru Fintiri at the Government House in Yola on Wednesday. According to him, many ministries had already exhausted their operational funds due to rising costs. “We are seeing increased prices in nearly all sectors,...

Service Industry Grows GDP By 3.13% In Q1 2025

Nigeria’s Gross Domestic Product (GDP) has increased by 3.13% in real terms year-on-year in the first quarter of 2025, according to a report released on Monday by the National Bureau of Statistics (NBS). The growth is mainly driven by the service industry, the growth rate surpasses the 2.27% recorded in the first quarter of 2024. The NBS recently rebased the GDP, using 2019 as the new base year for calculations, a decision driven by the...

Subsidy Removal Savings Funding Education, Security, and Infrastructure – NOA

The National Orientation Agency (NOA) has said that funds saved from the removal of petrol subsidy are being reinvested into key sectors such as social welfare, infrastructure, education, security, and economic empowerment. Director-General of the Agency, Lanre Issa-Onilu, disclosed this in the agency’s weekly publication, where he noted that the reforms introduced since President Bola Ahmed Tinubu assumed office in May 2023 are aimed at stabilising the economy and correcting what he described as “decades...

Mathew Verghis Takes Over as World Bank Country Director in Nigeria

The World Bank has named Mathew Verghis as its new Country Director for Nigeria. Verghis, an Indian economist with over two decades of global development experience, officially resumed the role on 1st July, taking over from Ndiame Diop, who has moved on to a new assignment within the organisation. In a statement issued on Friday, the World Bank described Verghis as a seasoned expert in economic policy, with a long track record of leadership across...

9mobile to Roll Out National Roaming Services on MTN Network

9mobile is set to resume widespread service across the country by the end of July following a national roaming agreement with MTN Nigeria. The agreement, which has received the approval of the Nigerian Communications Commission (NCC), was formally announced on Wednesday in Lagos. Under the three-year agreement, 9mobile subscribers will be able to access MTN’s extensive radio access network across Nigeria, effectively extending 9mobile’s coverage to areas previously underserved. The arrangement is expected to take...

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