News
Meet the Incubated Start-ups at the South-South Innovation Hubs

The federal government through the South-South Innovation Hubs (SSIH) is providing platforms for start-ups to thrive in the Southern part of the country.
With the job opportunities and creative innovation provided by these start-ups, it now appears a deliberate investment by the government to provide support.
Here are some of the start-ups incubated by SSIH;
Studihub
Is an Education technology company, whose goal is to help students learn and pass their examination.
Applying its innovative E-Learning structure the platform uses audio-visual aids notes, practice questions as well as qualified to tutors to help students comprehend better.
Studihub also tracks the knowledge gap of students and suggesting courses to cover that knowledge gap.
According to its website, the start-up believes that students are an exceptional part of Nigerian society, a building block for a better future.
Through the delivery of the right amount of educational content, Studihub beliefs that challenge students face can be alleviated.
Studihub was founded by Desmond Ezo-Ojile, an entrepreneur with a fine background in web development and embedded systems.
247Medic
247Medic is a telehealth and digital healthcare platform that is streamlining the business of getting well and remaining well with a goal to create an efficient and effective healthcare ecosystem for patients and doctors.
Through its app patients in cities and rural area the access to call or chat with a doctor, request on-site laboratory services and get drugs delivered to their doorsteps.
The health start-up has different aspect which includes;
Doctor voluntary services, medical laboratory services that allow an online request for medical test
Connect merchants (pharmaceutical stores and hospitals) within range to patients
Online community connected to thousands of clinics, doctors, pharmacies, diagnostic centres and labs across Nigeria
247Medic is located in Benin City, Edo State.
+PlusLife (PlusLife)
+LiFE is a mobile communication software application that connects people to send and receive offline messages, share photos, and participate in online real-time chat with their friends and family, without depending on availability of network or internet data in any environment.
+LiFE was founded by UduakAkpabio and has its location in Tinapa-Calabar, Cross-Rivers State.
Open employment
Founded by AbiolaAbisoye with its location in Calabar, this start-up is a job website whose primary focus is a reduction in the rate of unemployable graduates.
With this platform, it is easy to match a potential employee with an employer looking to hire, and producing the best match efficiently.
Also, training and feedback ratings help to sort through the long list of potential employees.
The start-up offers its users an opportunity to acquire multiple professional skills to boost their chances of employment.
According to its site, Openemployment is on a mission to bridge the widening gap between undergraduates and graduates and their prosperous career paths.
The platform positions itself to be Nigeria’s premier platform for Authentic Employment Opportunities.
Numbers
“Numbers” is a deep technological start-up, that uses Artificial Intelligence and Integrated hardware that enable vehicle/property owners/users to see their vehicle, property, and Goods from anywhere in the world.
Property owners and users access real-time voice and video of 360 degrees of their property from anywhere in the world and can communicate with people within such properties.
Founded by Nwasor Derrick, alongside EloghasaIkponmwoba as the Co-founder.
News
Ogbaga, Abuja Lawyer to Sue Telcos, DStv over Alleged Unfair Practices

Ogba Ogbaga, an Abuja-based lawyer, has said that he has been instructed to institute legal proceedings against MTN Nigeria, Airtel Nigeria, Globacom, 9mobile and MultiChoice Nigeria, operators of DStv, over what he described as unfair consumer practices relating to expiring data bundles and television subscriptions.

In a statement posted on Facebook, Ogbaga said his law firm, GIMBG Legals, received instructions from its client, KAA, also known as KaaTruths, to challenge the companies’ subscription policies in court.
According to him, the proposed suit will question whether telecom operators and DStv’s subscription models comply with provisions of the Federal Competition and Consumer Protection Act (FCCPA) 2018 and other applicable laws.
Ogbaga alleged that telecom providers operate internet data services that are unfair to consumers, claiming subscribers sometimes do not receive the services they paid for but still lose their subscriptions once the validity period expires.
He also criticised DStv’s subscription model, arguing that consumers lose paid viewing time due to factors such as power outages, adverse weather conditions and service interruptions, while subscriptions continue to count down regardless.
“Our clients have complained that MTN data services are unduly one-sided,” Ogbaga said, adding that the legal action would also extend to other telecommunications providers and DStv.
He said the court action would seek judicial determination on whether the companies’ subscription practices comply with consumer protection laws.
The lawyer also invited interested legal practitioners to collaborate on the case, saying his firm would provide updates as the matter progresses.
In a separate Facebook post on Wednesday, Ogbaga said previous policy discussions, town hall meetings and debates at the National Assembly had failed to address the concerns raised by consumers.
He argued that telecom operators regularly carry out maintenance and network upgrades that temporarily disrupt services without extending customers’ subscription periods, while DStv subscribers also lose viewing time because of electricity outages and weather-related disruptions.
News
NAICOM Issues New Licences to 43 Recapitalized Insurers

The National Insurance Commission (NAICOM) has commenced the issuance of new licence certificates to insurance companies that successfully met the industry’s new minimum capital requirements, marking the formal beginning of a new regulatory era aimed at strengthening the financial capacity, governance and global competitiveness of Nigeria’s insurance sector.

At a ceremony held at the Commission’s headquarters in Abuja, the Commissioner for Insurance, Olusegun Ayo Omosehin, presented the new licence certificates to compliant operators, describing the exercise as a major milestone in the industry’s recapitalisation programme.
According to the Commission, a total of 43 insurance companies declared compliant with the new capital requirements are expected to receive the new licence certificates in phases.
Omosehin congratulated the successful companies, saying the issuance of the new licences signals the beginning of a stronger regulatory framework anchored on improved capitalisation, sound corporate governance, innovation and sustainable growth.
He urged operators to leverage their enhanced capital base to develop innovative insurance products, improve operational efficiency and deepen insurance penetration across the country.
The Commissioner said the Commission expects the recapitalised companies to deliver stronger financial performance while maintaining high standards of professionalism and customer service.
He also announced that NAICOM’s next major regulatory initiative would be the implementation of the Risk-Based Capital (RBC) framework, under which insurers’ capital levels would be aligned with the risks inherent in their respective business portfolios.
According to him, the new framework will further strengthen the industry’s resilience by ensuring that insurers maintain capital commensurate with the risks they underwrite, thereby enhancing policyholder protection and boosting market confidence.
Omosehin reaffirmed the Commission’s commitment to removing regulatory impediments where necessary while maintaining effective oversight to safeguard policyholders and strengthen confidence in the insurance market.
The issuance of the new licence certificates marks the commencement of a phased transition to higher capital standards aimed at improving the financial capacity, solvency and claims-paying ability of insurance companies operating in Nigeria.
News
Nigeria CommunicationsWeek Retracts Story on Pan African Towers Litigation

Management of Nigeria CommunicationsWeek Media has withdrawn its publication titled “Adefolarin Ogunsanya and the Allegations of Shareholder Interference and Self-Dealing at Pan African Towers,” which was published on its platform.

The decision to retract the story follows an editorial review to ensure that the platform maintains the highest standards of accuracy, fairness and responsible journalism in reporting matters that are the subject of ongoing judicial proceedings.
Nigeria CommunicationsWeek acknowledges that the issues raised in the publication remain before the courts and have not been finally determined.
Accordingly, the organisation has decided to remove the article from its platforms pending the conclusion of the legal processes or the availability of additional verified information.
The publication regrets any inconvenience or misunderstanding the report may have caused to readers or any individuals or organisations mentioned in the story.
Nigeria CommunicationsWeek remains committed to the principles of balanced, factual and ethical journalism and will continue to uphold professional standards in its coverage of judicial and corporate governance matters.
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