News
Commendations Pour in for Awka Millenium City Project

Glowing commendations have not stopped coming in for Awka Millenium City (AMC), Agu-Awka, Anambra State, a smart city, being underpinned by quality infrastructure that will guarantee seamless provision of requisite amenities needed to sustain good quality lifestyle.

This is coming as Awka Millenium City, released the June 2020 progress report of the large-scale residential neighborhood with residential, commercial and recreational uses and amenities, such as parks, schools and playgrounds.
Awka Millennium City is now at the last leg of its perimeter fencing of the estate sitting on approximately 100 hectares of land.
Works are also ongoing with the construction of storm water drainage, construction of access road, monument gate as well as construction yard.
The first phase of the estate is expected to be completed by December 2021.
Sir Okechukwu Okeke, a frontline businessman, who undertook an independent tour of the estate, said AMC is arguably one of the best planned estates in Nigeria.
“This is the kind of project we need in Anambra, it has all you can dream of, I have seen for myself and I will invest in that estate” Okeke said
The developer envisions a new residential layout whose development will boost economic activity while increasing the stock of housing in Anambra state capital territory.
Promoted by Clem Nwogbo, group chairman, M-P Infrastructure, Awka Millennium City project, offers huge investment opportunity for South Easterners.
Nwogbo said that the master-planned gated estate will boast of roads built to global standards, as well as drainage, paving, sewage systems, 24/7 security, fibre ducts, regular power, estate maintenance, amazing natural landscaping and parks for families to relax and play. It will have swimming pools, sports facilities etc. There is going to be a whole lifestyle experience for owners and residents of the estate.
The city located within the 3-Arms Zone which will also house the new offices and residencies of members of the executive, judiciary and legislative arms of government, will also come with 24 hours CCTV Surveillance and access control, underground cables, water treatment, sidewalks for jogging and sporting activities etc.
“Awka Millennium City offers a better way out for people to own a home in a luxury estate in Awka that will be serviced, while still maintaining or keeping their village homes. if they wish to” Nwogbo added.
Willie Obiano, Anambra State governor, encouraged Ndi-Anambra to subscribe to the estate.
“The security here will be superb, and I have asked the developers not to tamper with the vegetation here, except those that can obstruct their work. Everything is going to be here.” Obiano stated.
Senator Chris Ngige, minister of Labour and Employment, has also endorsed that the estate adding that the initiative was in line with the Federal Government’s efforts to maximally reduce unemployment in the country.
He said: “You know the unemployment situation in Nigeria is critical and the private sector should not leave it for government alone to solve. So, this is a typical example of the private sector partnering with the state government to create jobs and give shelter to the citizenry.
“This is what government owes the people, which is to give them a sense of belonging, put shelter over their heads, give them access to work so they can also be gainfully employed and then give them good health.” Ngige stated
News
FG Unveils AI Public Services Platform

Federal government has launched GovGuideNigeria, an artificial intelligence (AI)-powered digital platform designed to streamline access to public service information through WhatsApp and the web.

The platform consolidates information from more than 35 federal ministries and over 60 government agencies, marking a significant step in Nigeria’s drive to expand AI-enabled public infrastructure and digital government services.
According to Bosun Tijani, Nigeria’s minister of communications, innovation and digital economy, the initiative aims to simplify interactions with government services, particularly for underserved communities that often face challenges navigating complex public-sector systems.
Developed in collaboration with the National Centre for Artificial Intelligence and Robotics, Meta, and Publica AI, GovGuideNigeria uses conversational AI to provide real-time responses via WhatsApp and a web interface in English, Hausa, Igbo and Yoruba.
Sade Dada, head of public policy at Meta, said the multilingual rollout highlights the growing use of natural language processing within African public institutions to improve digital inclusion and broaden access to services.
Ignatius Willie, chief executive of Publica AI, said the platform demonstrates how Africa’s next generation of digital public infrastructure can be developed locally using African languages.
GovGuideNigeria is intended to address longstanding challenges in Nigeria’s public information system, where citizens often struggle to access reliable guidance because of fragmented government websites, poor communication channels and the expense of travelling to physical offices.
Through AI-driven automation, users can obtain information on immigration procedures, documentation requirements, public programmes and agency-specific services through chat-based interactions.
The launch also reflects Nigeria’s broader ambition to integrate AI into digital governance, while strengthening partnerships between government agencies, global technology companies and local AI startups to modernise public service delivery.
News
Elon Musk to Become First World’s Trillionaire with SpaceX Historic IPO

Elon Musk is poised to become the world’s first trillionaire after SpaceX, his company, confirmed plans to go public.

Elon Musk
Because Musk owns the majority of the shares, it could push his net worth over the trillion dollar mark.
The entrepreneur is known for his leadership of Tesla, SpaceX, X, and xAI.
Musk has been the wealthiest person in the world since 2025; as of May 2026, Forbes estimates his net worth to be $788 billion.
SpaceX has filed for a blockbuster public listing in the United States, paving the way for what could become the largest stock market debut in Wall Street history.
The company, formally known as Space Exploration Technologies, announced plans to begin trading under the ticker symbol “SPCX” as early as next month.
The listing values SpaceX at about $1.25 trillion, with Musk’s majority ownership potentially worth more than $600 billion alone.
Combined with his existing holdings in companies including Tesla, the IPO could push Musk’s personal wealth above the $1 trillion mark.
The long-awaited filing also offered investors a rare look into SpaceX’s finances.
The company reported $18.6 billion in revenue last year but recorded a net loss of $4.9 billion. In the first quarter of this year, SpaceX generated $4.7 billion in sales while posting a $4.3 billion net loss.
Financial disclosures showed the company holds $102 billion in assets, including rockets, launch infrastructure and satellite systems, while carrying debts totalling $60.5 billion.
Despite the losses, analysts suggested investors were unlikely to be deterred given SpaceX’s dominance in commercial space launches and satellite internet services.
Ruth Foxe-Blader, managing partner at Citrine Venture Partners, described the planned flotation as “extremely exciting.”
“SpaceX is just an absolutely sprawling, enormous project with so many different selling points, and so many points that really point to the future,” she said.
SpaceX operates the Starlink satellite internet network and also owns Musk’s artificial intelligence company, xAI.
The IPO filing revealed that xAI recently reached a major commercial agreement with rival AI company Anthropic, maker of the Claude chatbot.
Under the arrangement, Anthropic will reportedly pay $15 billion annually to access data centre infrastructure linked to xAI operations in the American South.
The filing also disclosed that SpaceX expects to incur more than half a billion dollars in legal costs from multiple ongoing lawsuits and regulatory disputes.
Among the cases listed were claims alleging that xAI’s chatbot Grok had been used to create sexualised deepfakes of women and girls, alongside patent infringement disputes, music copyright claims, data breach allegations and investigations into compliance with European Union content moderation rules.
Musk has previously said he plans to dissolve xAI as a standalone company and pursue his AI ambitions directly under SpaceX.
The filing came shortly after Musk lost a high-profile legal battle against OpenAI and its chief executive Sam Altman.
Musk had accused OpenAI of abandoning its non-profit mission after shifting towards a commercial model, but a jury dismissed the lawsuit, ruling that he had waited too long to bring the claims.
News
Moniepoint Boosts UK Payments Security

African financial services platform Moniepoint has partnered with open banking software-as-a-service provider tell.money to deploy a transaction security system in the UK market.

The companies said the partnership will allow Moniepoint to implement Confirmation of Payee, an account name-checking service designed to verify recipient details before payments are processed.
The integration will be rolled out through Monieworld, Moniepoint’s UK remittance subsidiary, as part of the company’s broader European expansion strategy.
Tell.money will provide the underlying verification technology, which the companies said is intended to reduce misdirected payments and help protect users against cross-border fraud.
Ravi Jakhodia, CEO of Monieworld, said: “Our goal with Monieworld is to build financial services for Africans in the diaspora.”
He added that tell.money was selected because it manages compliance and accreditation requirements, allowing the fintech company to focus on customer service.
Moniepoint is entering a competitive UK-to-Africa remittance market that includes established providers such as Wise, WorldRemit and Remitly, as well as African fintech firms including Flutterwave’s Send App.
According to data from the World Bank’s KNOMAD programme, remittance flows to low- and middle-income countries are estimated at about $620 billion annually, with digital -first platforms capturing increasing market share through open banking integrations and automated compliance systems.
The rollout reflects a broader trend of African fintech firms expanding into developed markets by adopting local regulatory and open banking standards.
Industry analysts expect diaspora-focused platforms to evolve beyond money transfers into services such as multi-currency banking, credit and investment products.
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