Business
Google and Other Major Industries Agree To Help With Nigeria Digital Economy
At the Nigerian Economic Summit in Lagos, Google and other major industries show their support to Nigeria digital economy.
Important Leaders such as Taiwo Oydele from the Presidential committee of fiscal policy and tax reforms strongly emphasized and shared the benefits of the collaboration between private and public digital development. Google’s West Africa Director, Olumide Balogun, emphasized the power of technology and how it can improve lives and boost the economy.
The leaders expressed their enthusiasm and showed ways and opportunities that this development can tackle the economic challenged Nigeria are facing to plan to bring out Nigeria potential.
Business
FG Empowers 500 Women and Youths With Agricultural Skills In Ogun State
The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.
The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).
The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.
Business
Fuel Prices Continue to Drop Across Some Nigerian Filling Stations
According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.
The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.
Business
MTN Advances IHS Holding Acquisition Following Shareholder Approval
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
