General News
FG Votes N1.56Bn for New Plane as Domestic Airlines Shrink

The federal government has made provisions for a new plane in the presidential fleet bringing to 11 the number of planes at the becks and calls of the federal government, according to a report by The Nation.
The new plane is coming at a time when the declining fortunes of the domestic airlines have made Presidential Air Fleet larger than the fleets of three domestic airlines combined.
Chanchangi, MedView, and FirstNation airlines, all have one aircraft; Medview Airlines, three; while FirstNation has two.
IRS Airlines, with five aircraft in its fleet, has only one that is currently operational. The four others have been sent overseas for routine maintenance for a long time now.
But the new Presidential plane is a Gulfstream and is expected to cost about N8 billion, according to industry sources
The Nation newspaper reported that the plane is to attract a N1.52million deposit, going by the 2014 budget.
The aircraft is expected to cost about N8 billion, according to industry sources.
The rest of the payment will be spread over one, two or three years before the jet is built and delivered.
The expenditure is part of the projected spending contained in next year’s estimate, which was laid before the National Assembly last week by Dr. Ngozi Okonjo-Iweala, Finance Minister
These items include: the completion of a hanger, N405,500,000; Tyre bay tools and equipment N106,000,000; Towberless tow tractor for aircraft towing for N58,740,000; hanger sweeper N31,870,000; luggage conveyor belt truck N28,898,000; and Harlan tow tug for aircraft equipment towing N27,590,000.
Others are CCTV and surveillance equipment for N18,000,000; aircraft tools and equipment N11,480,000; battery workshop equipment N5,050,000; complete tool box for general works and vehicles N360,000; heavy duty crocodile jacks N300,000; aluminum ladder N285,000; safety boots N52,500 and foldable ladder, N50,000.
The aircraft in the fleet of the PAF include two Falcon 7X jets, two Falcon 900 jets, a Gulfstream 550, one Boeing 737 BBJ (Nigerian Air Force 001 or Eagle One) being used exclusively by the President and a Gulfstream IVSP, one Gulfstream V, Cessna Citation 2 aircraft and Hawker Siddley 125-800 jet.
It is estimated that each of the Falcon 7X jets bought in 2010 cost $51.1 million. The Gulfstream 550 may have cost $53.3 million.
However, none of the aviation industry Bluebooks will give the simple calculation accuracy of how much an aircraft really costs. A number of issues are responsible for the difficulty in presenting a clear figure for a make/model/year, of an aircraft to help accurately determine how much it really worth.
Some of the issues include: lack of central reporting of aircraft sales for either tax or licence requirements, the complexity of individual aircraft value calculations, the timing of sales (long timeframes from offer to closing during which time the market can go up or down substantially), multiple synchronous closings for jet aircraft in particular, international currency sales, and non-disclosure-of-price terms included in many transaction documents.
General News
FG Deploys Technology, Approves $54m Drugs to Tackle Tuberculosis

Federal government said that it is adopting technology and innovation to speed up eradication of tuberculosis and other infectious diseases.

It also said $54 million had been approved for the procurement of drugs, especially for treatment of tuberculosis and HIV, to prevent stock-outs of life-saving medicines.
Speaking at the 2026 Pre-World Tuberculosis Day briefing in Abuja, organised by Stop TB Partnership Nigeria, Dr. Charles Nzelu, director, Public Health at the Federal Ministry of Health and Social Welfare, said the present government was making giant strides in addressing challenges in the health sector.
Nzelu said the ministry, under the leadership of Professor Muhammad Pate, had prioritised TB as a major pillar of the health agenda.
As part of the implementation of National Strategic Plan (2021-2026), Nzelu, said the ministry had adopted technology to help achieve the target of stopping tuberculosis from constituting a public health risk in the Nigeria.
He stated, “To bridge the gap, we are leading with innovation. Specifically, this year, the National Tuberculosis and Leprosy Control Programme (NTBLCP) is spearheading the national rollout of the Pluslife Mini Dock diagnostic platform.
“This near-point-of-care technology is a game-changer, allowing us to bring molecular-grade testing to the most remote communities, ensuring that no Nigerian is left behind due to geography.
“Nigeria is rolling out over a thousand of this diagnostic equipment. But technology is only as strong as the systems that support it.
“We are currently focused on strengthening our electronic reporting systems to ensure real-time data flow from the facility level to the national dashboard.”
Nzelu said transparency allowed the ministry to manage the supply chain effectively and prevent stock-outs of life-saving medicines.
In her remarks, Dr. Queen Ogbuji-Ladipo, board chair, Stop TB Partnership Nigeria, said the country had witnessed remarkable milestones in the fight against tuberculosis.
They included the mobilisation and engagement of high-level TB champions at the national, state, and local levels; strengthened collaboration with government and private-sector actors; increased advocacy for domestic financing; and expanded public awareness of TB prevention and care, Ogbuji-Ladipo said.
She, however, said there were challenges in funding to be addressed with the changing global health financing landscape and dwindling donor support.
According to her, “This reality makes domestic resource mobilization for TB more important than ever before. Sustainable financing from government budgets, private sector contributions, and innovative financing mechanisms will be critical to sustaining TB programs.”
In its presentation, Dr. Temitope Adetiba, TB Programme Lead – Institute of Human Virology (IHVN and Global Fund Project, said under the Global Fund Grant Cycle 7 for TB and HIV response, Nigeria had recorded over 300,000 TB case detection across the country.
In addition, IHVN said more than 3,000 drug-resistant TB cases were identified and linked to care, while over 2.3 million pregnant women were screened for TB and HIV across 2024 and 2025.
It also said Nigeria was increasingly taking TB and HIV services to the people within communities, households, and the private sector.
Dr. Mayowa Joel, executive secretary of Stop TB Partnership Nigeria, said the theme, “Yes We Can End TB”, was action oriented.
Joel said the theme challenged all stakeholders to move beyond discussions and commitments toward practical action.
He said, “This means ensuring that TB diagnostic services, treatment, and care reach everyone who needs them, especially through Primary Health Care, where most people first access health services.”
Dr. Mya Ngom, representative of Country Director of World Health Organisation (WHO), said Nigeria had made tremendous progress in responding to the epidemic.
According to Ngom, “In 2024, Nigeria reported 405,324 TB cases having increased from 106,533 cases in 2018, while 335,003 TB cases were reported in the three quarters of 2025.”
He said, “Expectantly, eighty percent (80 percent) of the estimated 510,000 incident TB cases will be detected and notified when the entire 2025 TB notification report is received. While this progress is encouraging, the fight against TB is far from over.
“The number of undetected TB cases averaging 175,000 cases constitutes a pool of reservoir that fuels on-going transmission of TB in the community as one undetected infectious TB case can infest between 12-15 persons per year.
“The emergence of Multi-Drug-Resistant TB (MDR-TB) and the high number of HIV further complicates the burden of TB in the country.”
General News
Luno Launches First Crypto Prediction Market in Nigeria

Luno, an Africa-founded global exchange, has launched a structured Crypto Prediction Market, ushering in a new chapter for Nigeria’s cryptocurrency market.

This platform enables users to forecast short-term price fluctuations of key cryptocurrencies, such as Bitcoin , Ethereum , Solana, Dogecoin, Ripple, and earn USDC payments when when their predictions are accurate.
Powered by Limitless, the platform rewards right forecasts with USDC, a fully supported stablecoin.
This launch reflects shifting investment trends in Africa’s largest cryptocurrency market. Previously focused on long-term holding or spot trading, retail traders are now looking for tools that allow them to act on market information in a structured, short-term framework.
“We are seeing a clear shift in how Nigerians want to engage with crypto assets,” said Ayotunde Alabi, CEO of Luno Nigeria.
“Many already follow price movements closely and form strong market views; we want to lead with education as well as provide a safe and secure platform to help them apply that knowledge. This feature is designed to be a natural extension for those who enjoy forecasting.”
To mitigate risks, the platform integrates educational resources, dedicated prediction wallets, mandatory risk acknowledgements, and mechanisms preventing users from taking both sides of a market.
Unlike conventional derivatives or open-ended speculation, binary prediction markets are strictly outcome-based. Participants wager on whether an asset will close above or below a specific price target.
While this opens opportunities, it also carries high risk, as incorrect predictions result in total loss of the committed capital.
The launch could influence broader trends in African fintech. By introducing regulated, outcome-based products, exchanges can cater to a more informed investor base while promoting financial literacy.
For Nigeria, this could mark a turning point moving the market from passive participation to data-driven trading, providing a framework for responsible engagement in increasingly complex digital asset markets.
General News
LG Gives Muslim Faithfuls a Ramadan to Remember

LG Electronics (LG) has reaffirmed its commitment to community, compassion, and shared prosperity as it joins Muslim faithful across Nigeria in celebrating the holy month of Ramadan.

Through its annual “Share The Life’s Good” campaign, the brand continues to create meaningful impact by organizing Iftar outreaches in mosques and community centres across key cities. The initiative provides meals to fasting Muslims, fostering a spirit of togetherness and reinforcing the values of giving and unity that define the season.
Ramadan, a period of spiritual reflection, devotion, and generosity, offers an opportunity for individuals and communities to reconnect and support one another. LG’s intervention aligns with these values, ensuring families can experience comfort and nourishment during the fasting period.
Speaking on the initiative, Managing Director, LG Electronics, Mr. Hyoung Sub Ji, described Ramadan as a time that strengthens human connection and shared purpose.
“Ramadan is a sacred period marked by prayer, fasting, and reflection. It brings people closer and reinforces the importance of kindness and community. Through our Share The Life’s Good initiative, we are proud to support families and deepen our connection with consumers during this special time,” he said.
Furthermore, Public Relations & CSR Manager, LG Electronics, Moses Osime added that LG’s presence spans beyond community outreach to in-store engagements and curated experiences, including special Iftar gatherings for customers and partners, all designed to celebrate the essence of the season.
As part of its Ramadan activities, LG also rewarded customers through its ongoing double-digit campaign, offering washing machines, shopping vouchers, and gift items to consumers who purchased LG products during the period. This initiative not only incentivizes patronage but also extends the spirit of giving to customers.
According to Osime, the company leveraged multiple platforms throughout Ramadan to engage Muslim faithful, providing support that ranges from practical solutions for meal preparation to inspirational content that resonates with the season.
With long fasting hours requiring proper nourishment, LG highlighted the role of its home appliances in making meal preparation easier and more efficient.
The brand also collaborated with influencers and culinary experts to develop nutritious recipes, showcasing how LG microwave ovens and kitchen solutions can help families prepare balanced Sahur and Iftar meals with ease.
“Ramadan gives us the privilege to celebrate community, and LG is proud to be part of that story,” he added.
Through these initiatives, LG continues to strengthen its relationship with Nigerian consumers, delivering not just innovative products but also meaningful experiences that enrich lives and uphold the true spirit of Ramadan.
Broadcasting2 days agoSpotify’s Loud & Clear Report Reveals Over ₦60Bn Revenue for Nigerian Artists in 2025
News2 days agoElumelu Tags Elon Musk, Disowns AI-Generated Scam Video
Telecom2 days agoPwC Warns Nigeria Telcos of AI Fraud Risks
E-Financial2 days agoCBN Relaxes Dormant Account Rules with Removal of Affidavit Requirement
E-Financial2 days agoCrypto Transactions Hit $96Bn in Nigeria -SEC
E-Business2 days agoFG Determined to Protect Rights, Privacy Online- NITDA
E-Business2 days agoFirm Warns of Malware Aiming to Steal Data from Individuals, Organisations in Nigeria
News2 days agoNITDA DG Appraised the Role of Teachers as Key to Nigeria’s Digital Transformation

















