General News
Elumelu Invests in Seadrill Mobil in W/African Expansion Scheme
Tony O. Elumelu’s pan-African investment vehicle, Heirs Holdings, has made substantial investment in Seadrill Mobil Units (Nigeria) Limited, an affiliate of one of the world’s leading offshore deepwater drilling companies, Seadrill.
Elumelu has been appointed as chairman of the Board of Seadrill Mobil Units.
The investment is further evidence of Elumelu’s strategy of increasing African businesses participate across the oil and gas value chain, and complement existing interests in oil and gas production and exploration.
Seadrill, the world’s leading offshore driller is listed on both the New York and Oslo stock exchanges, operating the second largest ultra-deepwater fleet and largest premium jackup fleet in the industry with 7,500 staff in 15 countries.
Commenting on the investment, Elumelu said, “Seadrill is a significant player in the oil and gas space, with a strong track record and one of the most respected names in the industry. The partnership makes strong commercial sense, bringing together a major global player and a leading African participant in the oil and gas industry.
Successful development of Nigeria’s deep water oil and gas fields is of strategic importance for our country. This is an important part of our own approach of creating synergistic added value investment across the energy sector, from extraction to processing and perhaps most importantly for Nigeria, industrial production and power generation.”
Commenting further, Elumelu said ”This partnership sets the stage for greater development in our energy sector, driven by local talent and should serve as a model for further, genuine, indigenous participation, creating both economic and social impact.”
Svend Anton Maier, Seadrill Mobil Units (Nigeria) Limited, director added; “The partnership with Heirs Holdings creates the right mix of global technical expertise, backed by operational excellence and sound financial management to the Nigerian market. It positions the company as a local industry leader and a truly indigenous player.”
Heirs Holdings makes proprietary investments in strategic sectors throughout Africa. Through affiliates Tenoil Petroleum & Energy Services; and Transcorp Energy – established to lead Transcorp’s focus on the energy sector, Heirs Holdings has already made significant commitments to the oil exploration and production sector, through the acquisition of OPL 281, an onshore oil field with substantial gas reserves, by Transcorp and Tenoil’s development of OPL 2008, which is intended to enter production in 2014.
General News
FG Orders Installation of 5000 CCTV Cameras for Surveillance in Plateau

President Bola Ahmed Tinubu has directed the immediate installation of 5,000 CCTV cameras across identified flashpoints in Plateau State as part of urgent measures to address the worsening security situation in the state.

The President gave the directive during an emergency visit to Plateau on Thursday, where he held a brief stakeholders’ meeting at the Yakubu Gowon Airport following the recent killings in Angwan Rukuba, Jos, where at least 28 persons were killed by unidentified gunmen.
Tinubu also approved the formation of a delegation of key stakeholders to engage in further deliberations on lasting solutions to the security challenges in the state.
He condoled with families of the victims and directed that support be provided to cushion their losses.
President Bola Tinubu while expressing deep sympathy to families of victims said the installation of surveillance cameras was part of a deliberate move towards addressing the kind of attacks that befell residence of the recent attack in the State.
In his remarks, Governor Caleb Mutfwang appreciated the President’s visit and show of concern, but expressed worry over the recent wave of attacks in the state, describing the situation as disturbing and requiring urgent attention.
The meeting had in attendance, former Governors, serving and former National and State Assembly members, traditional rulers, government appointees as well as relatives of those killed in the Angwan Rukuba attack.
General News
FG Rolls Out N12Bn Digital Research Clusters to Boost Innovation Economy

Federal Government yesterday unveiled a N12 billion investment in digital economy research, marking a strategic shift towards knowledge-driven development as Nigeria positions itself as a key player in the global digital landscape.

Declaring the launch of the National Digital Economy Research Clusters under the Building Resilient Digital Infrastructure for Growth (BRIDGE) project, Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, said the initiative mobilises over 200 researchers from universities and research institutions nationwide to produce data-driven solutions for pressing national challenges.
Speaking at a press conference in Abuja, Tijani described the programme as an essential complement to infrastructure expansion, including the ongoing deployment of 90,000 kilometres of fibre optic cable across the country.
He stressed that sustainable growth in the digital sector now hinges on robust research, innovation and evidence-based policies rather than infrastructure alone.
“As Nigeria expands its digital economy, attention is shifting from infrastructure to the knowledge that drives it,” the minister stated, adding that the sector was emerging as a major contributor to national GDP.
The research clusters will tackle critical areas including connectivity, digital public infrastructure, skills development, job creation, online safety and emerging technologies such as artificial intelligence.
Tijani explained that the project aims to bolster Nigeria’s research capacity while ensuring local insights guide policy and technology adoption.
The Federal Ministry of Education is collaborating to synchronise academic research with national priorities and advance specialised training.
Minister of Education, Dr Tunji Alausa, underscored universities’ evolving role as hubs of innovation and problem-solving beyond traditional learning.
The BRIDGE project aligns with broader government strategies to promote digital inclusion, spur economic growth and elevate Nigeria’s competitiveness in the global digital economy.
Observers note that the programme’s impact will depend on effectively converting research findings into implementable policies across sectors.
For the administration, the message is clear: a resilient digital economy demands not just infrastructure, but the intelligence to power it.
General News
Myitura Launches Women-Focused Healthcare Financing Solutions to Bridge Access Gap

In commemoration of Women’s Month, health-tech platform Myitura has released a new white paper addressing the critical gaps in healthcare financing for women in Nigeria.

Titled “Closing the Gap: Healthcare Financing for Women in Nigeria,” the report highlights how high out-of-pocket costs, limited insurance coverage, and socio-economic factors continue to prevent women from accessing timely healthcare.
According to the report, over 70% of healthcare expenses in Nigeria are paid out-of-pocket, disproportionately affecting women who often delay care due to financial and social constraints.
“When women can afford to take care of their health early, we don’t just save lives; we strengthen families, communities, and the economy,” said Chialuka Kelechi, MyItura’s Chief of Staff.
Key Insights from the White Paper:
- Preventable conditions often escalate due to delayed care
- Women are more likely to deprioritize their own health
- Affordable, structured healthcare financing can significantly improve outcomes
Introducing a Women’s Health Initiative
As part of its commitment, Myitura is launching affordable women-focused health packages (powered by Mediloan), starting at ₦58,180, designed to encourage preventive care and early detection.
The package provides access to:
- Fasting/Random Blood Sugar
- Urinalysis
- Electrolytes
- Urea
- Creatinine
- Pap Smear Submitted slides
- HIV I & II Rapid (Qualitative)
- Hepatitis B Surface Antigen Screening (Rapid)
- Hepatitis C Virus Screening (Rapid)
- Abdominopelvic Ultrasound
- Ongoing support via the Myitura platform
Access:
Women can access these packages by downloading the Myitura app, which makes healthcare more accessible and convenient.
Myitura is a health-tech platform focused on improving access to healthcare through financing, technology, and preventive care solutions.
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