By JKNewsMedia REPORTING A significant financial setback, Mobile Telephone Network (MTN) Nigeria has revealed an after-tax loss of N514.9 billion for the first nine months of 2024, mainly driven by foreign exchange losses and the naira’s depreciation. The mobile operator’s report shows that without the currency impact, its profit would have be...
By JKNewsMedia NIGERIA HAS secured a major boost in its quest to become an artificial intelligence (AI) leader, following Google’s announcement of a N2.8 billion ($1.7 million) grant to support AI and digital talent development. The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) confirmed that the grant, part of G...
By Babafemi Ojudu I RECENTLY traveled to Lagos to visit a former staff member who had suffered a stroke. He was very dear to me during his time as our Chief Photographer, and he once risked his life to protect me. When Abacha’s regime was hunting down media critics, charging them with “accessory after the […]
By Jemimah Wellington, JKNewsMedia Reporter A LEGISLATIVE push to mandate portfolio inclusion in ministerial and commissioner nominations has passed second reading in Nigeria’s House of Representatives. This bill seeks to ensure that every nomination submitted by the President or State Governors specifies a proposed portfolio, allowing for mor...
By Jemimah Wellington, JKNewsMedia Reporter A PUBLIC health alert from the National Agency for Food and Drug Administration and Control (NAFDAC) warns Nigerians against using the Nivea Black & White Invisible Roll-on deodorant, 50ml, citing risks tied to a potentially harmful ingredient. Following a European Union Rapid Alert issued in Bru...
By Helen Okechukwu, JKNewsMedia Reporter AMID PRESSING security concerns in Ogun State, Governor Prince Abiodun has pledged to enhance residents’ safety through dedicated policy initiatives integrated into the 2025 budget. This commitment was underscored during a series of town hall meetings held across Ogun’s senatorial districts, culminating...
By JKNewsMedia IKEJA GOLF Club has been sealed off by the Lagos State government, citing severe public safety concerns. The Lagos State Building Control Agency (LASBCA) announced this decisive action following repeated complaints and incidents caused by the club’s negligence. The agency closed the club on Wednesday after a stray golf ball from...
By JKNewsMedia PRESIDENT BOLA Tinubu’s recent strategic discourse with United States (U.S.) President Joe Biden has reportedly strengthened US-Nigeria relations, securing support for Nigeria’s bid for a permanent United Nations Security Council seat. The telephone conversation is said to highlight President Tinubu’s skilled use of statec...
By Jemimah Wellington, JKNewsMedia Reporter REPRESENTING19 states across Nigeria, the Northern Governors’ Forum (NGF) has firmly opposed the proposed derivation-based Value-Added Tax (VAT) distribution model included in new tax reform bills before the National Assembly. The governors argue that this model, which bases VAT revenue distribution ...
By JKNewsMedia THE NIGERIAN7 entertainment world is grieving the loss of Charles Olumo, famously known as Agbako, a legendary figure in Yoruba cinema. Pa Charles Olumo Sanyaolu, who was believed to be between 101 and 102 years old, passed away on October 31, 2024. His contributions spanned decades, marking him as one of the pioneering [&hellip...
