Author: Ifetayo Adeniyi

LG Demonstrates Total Building Solutions with Smart HVAC units at Mega Clima 2025 L-R: Field Engineer, System Air Conditioner (SAC), LG Electronics Nigeria, Rajendra Verma; Business Development Manager (SAC), Ifeoluwa Babarinsa; Business Development Manager (SAC), Anita Aigbe, and Design Engineer (SAC), Ayokomi Olaojo at the Mega Clima- ELAN EXPO 2025 at Lanmark Event Center, Victoria Lagos, Nigeria At Mega Clima 2025, West Africa’s premier international HVAC exhibition held at Lagos’ Landmark Centre, LG Electronics is spotlighting its latest heating, ventilation, and air conditioning breakthroughs. The company’s exhibit underscores a clear commitment to energy efficiency, environmental responsibility, and the creation of…

GTBank commences USSD fee deduction from airtime GTBank GTBank commences USSD fee deduction from airtime Guaranty Trust Bank decides to adopt a new billing model for its Unstructured Supplementary Service Data banking transactions. According to a message sent to customers, the N6.98 transaction fee will now be deducted from airtime balances, rather than bank accounts, starting June 18, 2025. “Dear Customer, please be informed that effective 18 June 2025, the N6.98 USSD fee will be deducted from your airtime balance, no longer from your bank account. Thank you,” the message read. This development reflects a broader industry realignment, mandated by…

FCMB assures shareholders of dividend amid CBN directive FCMB assures shareholders of dividend amid CBN directive FCMB Group Plc has assured its shareholders of dividend payouts in 2025 and the immediate years despite new regulatory measures from the Central Bank of Nigeria impacting banks with credit exposures under forbearance. This was disclosed in a statement signed by the company secretary, Funmi Adedibu, on Monday. In a circular signed by its Director of Banking Supervision, Olubukola Akinwunmi, on Friday, the CBN directed banks operating under regulatory forbearance to suspend dividend payments, defer bonuses for executives, and halt investments in foreign…

PenCom joins hand with HoS on Civil Servants’ Gratuity The Director-General of PenCom, Mrs Omolola Oloworaran. PenCom joins hand with HoS on Civil Servants’ Gratuity The National Pension Commission and the Office of the Head of the Civil Service of the Federation have agreed to partner to introduce a gratuity framework for civil servants in treasury-funded ministries, departments, and agencies under the Contributory Pension Scheme. In a statement on Tuesday, PenCom indicated this was the outcome of a courtesy visit by the Director-General of PenCom, Ms Omolola Oloworaran, to the Head of the Civil Service of the Federation, Mrs Didi…

Tijani appointed, to assume ITU Council vice chair role Minister of Communications, Innovation and Digital Economy, Bosun Tijani Tijani appointed, to assume ITU Council vice chair role * Says Nigeria’s growing in global digital policy. Minister of Communications and Digital Economy, Dr Bosun Tijani, has expressed his delight at being elected vice chair of the International Telecommunication Union Council for 2025. The appointment was made on Tuesday in Geneva, Switzerland, where the ITU Council meetings are currently taking place. Tijani announced this development in a statement, describing the honour as a recognition of Nigeria’s growing role in global digital policymaking.…

CAC reviews service fees from August 1 CAC reviews service fees from August 1 The Corporate Affairs Commission (CAC) has announced plans to review the fees for some of its services effective August 1, 2025. In a public notice issued on Tuesday, the commission said the decision was informed by current economic realities and the rising cost of operations. “The commission wishes to inform the general public, esteemed customers, and all stakeholders that, in the continued efforts to improve its service quality and delivery, it has become necessary to review certain service fees effective the 1st day of August, 2025,”…

FG plans linking credit scores to NIN for loan recovery, consequences accrue to defaulters National Identification Numbers (NIN) FG plans linking credit scores to NIN for loan recovery, consequences accrue to defaulters * Enabling the building of a national credit database. The Federal Government is set to roll out a landmark reform linking Nigerians’ credit scores to their National Identification Numbers (NIN), in a move designed to establish a unified and transparent credit system across the country. Announcing the development at a State House media briefing in Abuja, Tuesday, Managing Director of the Nigerian Consumer Credit Corporation (CREDICORP), Uzoma Nwagba,…

Airtel’s coverage reaches 81.2 per cent, commits $670m to network Airtel Africa Airtel’s coverage reaches 81.2 per cent, commits $670m to network Airtel Africa has reaffirmed its corporate purpose of transforming lives by expanding access to essential digital services, supporting inclusive economic growth and advancing environmental stewardship throughout its operations. Airtel revealed this in its Sustainability Report 2025, released yesterday, where it disclosed that it has made significant progress in bridging the digital divide, advancing financial inclusion and supporting underserved communities through strategic investment in connectivity, people and sustainable practices. Airtel Africa’s Chief Executive Officer, Sunil Taldar, said: “This year’s…

As Lagos opens talks on N12,500 levy, truck drivers put strike on hold As Lagos opens talks on N12,500 levy, truck drivers put strike on hold The Independent Petroleum Marketers Association of Nigeria has suspended its ongoing industrial action following the Lagos State Government’s decision to open dialogue with the association over the contentious N12,500 electronic call-up levy imposed on tankers along the Lekki–Epe corridor. In a directive issued to all zonal and depot unit chairmen on Tuesday, the association said the move to suspend the strike followed a formal commitment by the state government to engage key stakeholders, including…

Nigerian own, Ogieva, recognised as grand award judge in USA  A U.S.-based Nigerian and visionary in geoscience and data innovation, Mathew Ogieva Nigerian own, Ogieva, recognised as grand award judge in USA A U.S. based Nigerian and visionary in geoscience and data innovation, Mathew Ogieva, has continued to leave an indelible mark on global Science, Technology, Engineering, and Mathematics advancement. Ogieva, in a telephone interview with the News Agency of Nigeria on Tuesday, said he served as Grand Award Judge at the 75th Regeneron International Science and Engineering Fair. The News Agency of Nigeria reports that the 75th ISEF was…