NNPC Takes Steps to Revive $29.8 Billion Brass and Olokola LNG Projects
The Olokola LNG project, located in Ogun State, is valued at an estimated $9.8 billion, while the Brass LNG project in Bayelsa State is projected to cost $20 billion.
Ukraine Restricts Telegram Use for Officials
Ukraine on Friday imposed restrictions on the use of Telegram by government, military, and security officials, citing significant concerns over national security risks associated with the popular messaging app, which was created by Russian-born Pavel Durov. Ukrainian authorities warned that the Russian government could potentially gain access to sensitive personal data and communications transmitted via…
NCC Boost Internet Speed in Nigeria with 6GHz Spectrum Deployment
The Nigerian Communications Commission (NCC) has announced that it is taking steps to harness the 6GHz spectrum in a bid to significantly enhance internet speeds across the country. This development was revealed on Thursday by the Executive Vice Chairman (EVC) of the Commission, Dr. Aminu Maida, during a Stakeholders’ Consultative Forum on Emerging Technologies held…
FG Reveals Why Coca-Cola Suspended Its $1 Billion Investment Pledge to Nigeria
The Nigerian presidency has provided clarification regarding Coca-Cola’s decision to withdraw its $1 billion investment pledge, initially made in 2021. In a statement released on Thursday, Bayo Onanuga, Special Adviser to the President on Information and Strategy, addressed reports suggesting that Coca-Cola had failed to honor its previous investment commitment to Nigeria. Onanuga explained that…
Chelsea Set to Offload £88m Mykhailo Mudryk with Marseille Interested
According to a report by TEAMtalk, Chelsea have finally run out of patience with their £89 million (€105m/$109m) signing, Mykhailo Mudryk, and are preparing to offload the winger during the upcoming January transfer window. The Ukrainian international has struggled to make an impact this season, managing just 61 minutes of game time in the Premier…
CBN Set to Expand eNaira for Government Payments and MDA Transactions
The Central Bank of Nigeria (CBN) has announced plans to expand the use of its digital currency, eNaira, to facilitate payments into government accounts and streamline transactions for Ministries, Departments, and Agencies (MDAs). This initiative will enable MDAs to manage vendor and beneficiary payments using the eNaira, marking a significant step toward integrating digital currency…
Binance Outlines Conditions Before Registering Under Nigeria’s SEC Crypto Program
Binance, the global cryptocurrency trading platform, has identified two key conditions that must be fulfilled before it can consider registering under the Nigerian Securities and Exchange Commission’s (SEC) special framework program for Virtual Asset Service Providers (VASPs). This program is designed to regulate crypto platforms operating in Nigeria. Binance’s stance comes in response to the…
Donald Trump Launches New Cryptocurrency Platform: A Bold Step into Decentralized Finance
According to the platform’s leadership, World Liberty Financial will enable users to lend and borrow cryptocurrencies directly from one another, bypassing traditional financial institutions.
Nigeria Aims for $1.5 Billion GDP Growth from Halal Economy by 2027
The Federal Government is set to unveil a strategic initiative on Wednesday aimed at establishing Nigeria as a global leader in the rapidly expanding Halal economy. This effort is projected to contribute an additional $1.5 billion to the country’s Gross Domestic Product (GDP) by 2027. The global Halal market, which encompasses a wide range of…
Man City on High Alert as Bayern Munich Acknowledge Challenges in Jamal Musiala Contract Extension Talks
Since joining Bayern Munich in the summer of 2019, Jamal Musiala has rapidly become one of the club’s brightest stars. The 21-year-old has developed significantly during his time at Bayern, transitioning from a highly promising teenager to one of the most influential players in the squad. Over the course of his four years at the…
