Author: Adejuyigbe Adegoke

Africa’s telecom infrastructure is on the brink of a significant change as MTN Group plans to take full control of IHS Holding Limited in a proposed buyout deal worth $2.2 billion. The acquisition proposal, which puts a price tag of $8.50 per share on IHS, would allow MTN to buy up all the outstanding shares of IHS Holding. This move would take the company off the New York Stock Exchange (NYSE), and turn it into a privately held subsidiary under MTN’s umbrella. But this transaction is more than just a simple corporate takeover. It signals a significant strategic shift happening…

The Federal Government of Nigeria has officially announced that Wednesday, May 27, and Thursday, May 28, 2026, will be public holidays in celebration of Eid-el-Kabir, also known as Eid-ul-Adha. This news was shared by the Minister of Interior, Olubunmi Tunji-Ojo, in a statement that was signed by the Permanent Secretary of the Ministry of Interior, Magdalene Ajani. Overview of the Declaration According to the Federal Government, the two-day holiday is designed to give Muslim faithful across Nigeria the opportunity to celebrate one of Islam’s most cherished festivals. The government highlighted that this declaration shows its respect for the deep religious…

President Donald Trump has rolled out a significant change to immigration policy, which now requires Nigerians and other foreign nationals who want to obtain permanent residency in the United States to head back to their home countries to finalise their Green Card applications. This move represents one of the most substantial shifts in the U.S. immigration landscape in recent years and is anticipated to impact millions of immigrants who are already residing in America. Overview of the New Policy Under a new directive from the U.S. Citizenship and Immigration Services (USCIS), immigrants who are temporarily living in the United States…

On May 19, 2026, the U.S. Trade and Development Agency (USTDA), unveiled an exciting new initiative aimed at speeding up the rollout of reliable, U.S.-made wireless infrastructure throughout West Africa. This ambitious project will facilitate the installation of around 1,500 ready-to-go mobile communications base stations, crafted by Vanu Inc., a telecommunications tech company based in Massachusetts, across Nigeria, Benin, Côte d’Ivoire, and Ghana. The initiative is all about bridging the urban-rural divide in the region by boosting broadband and mobile access for underserved and off-grid communities that are stuck with outdated or limited telecom networks. Plus, this project aligns with…

Jumia has revealed its plans to let go of around 200 employees, which is roughly 10% of its total workforce. This decision is part of a larger strategy to integrate artificial intelligence (AI) into various areas such as logistics, customer support, finance, cybersecurity, marketing, seller management, and software development. The goal behind this shift is to boost efficiency and help the company reach profitability by the end of 2026. The economic impact of this decision goes far beyond just Jumia. This restructuring signals a significant shift happening in Africa’s digital economy: we’re moving away from the old growth-at-all-costs startup mentality…

Young. Proven. Reform-Minded. President Bola Ahmed Tinubu, GCFR, has given the green light for Professor Segun Aina to step in as the new Registrar and Chief Executive of the Joint Admissions and Matriculation Board (JAMB). This comes after Professor Is-haq Oloyede wrapped up his second and final term on July 31, 2026. This appointment reflects the administration’s commitment to continue and enhance the ongoing reforms in Nigeria’s education sector by placing key national institutions in the hands of capable, innovative, and forward-thinking leaders. At just 39 years old, Professor Aina is poised to make history as the youngest Registrar in…

The Federal Government of Nigeria has rolled out a series of digital platforms for the Office of the Tax Ombud (OTO). This move is part of a broader effort to enhance transparency, accountability, fairness, and public trust in the tax administration system. It marks a significant step forward in Nigeria’s fiscal reform agenda and showcases President Tinubu’s administration’s commitment to bolstering taxpayer protection and improving dispute resolution through innovative, technology-driven solutions. The Initiative The unveiling ceremony took place in Abuja and was attended by several important government figures. Among them were the Minister of Finance and Coordinating Minister of the…

On May 14, 2026, Mike Waltz, who was then the United States Representative to the United Nations, made a significant press statement that highlighted the U.S.’s changing approach to humanitarian funding and reform within the UN system. His speech focused on key themes like accountability, efficiency, transparency, and the need for institutional reform, all while reaffirming the U.S.’s position as the top humanitarian donor in the world. The announcement took place in New York, where Waltz was joined by senior UN officials, including Undersecretaries Jeremy Lewin and Tom Fletcher. He revealed an additional $1.8 billion in humanitarian funding, framing this…

The International Finance Corporation (IFC), is gearing up to send a high-level team to Nigeria to explore investment opportunities that could attract significant private capital in key sectors of the economy. They’re looking at areas like livestock production, energy infrastructure, and housing development, all of which are vital for Nigeria’s long-term economic growth and transformation. This announcement came during the 13th Africa CEO Summit in Kigali, Rwanda, where IFC’s Managing Director, Makhtar Diop, had a chance to meet with Nigeria’s President, Bola Ahmed Tinubu, on the sidelines. The IFC team also included Ethiopis Tafara and Dahlia Khalifa. In their discussion,…

The Federal Government (FG), of Nigeria has rolled out a sweeping national policy that requires drug and substance abuse testing for secondary school students. This initiative is part of a larger effort to tackle the growing issue of substance abuse among the youth. It falls under the National Implementation Guidelines Against Drug and Substance Use in Schools and stands out as one of the most extensive anti-drug measures ever introduced in the education system. Led by the Federal Ministry of Education in partnership with the National Drug Law Enforcement Agency (NDLEA), this initiative aims to foster safer and healthier learning…

The Lagos State Government is gearing up to kick off the Y2026 Ministerial Press Briefing, a key public accountability initiative aimed at highlighting the achievements, policies, programs, and developmental progress made by the administration of Babajide Sanwo-Olu and Obafemi Hamzat over the past year. This month-long briefing, organised by the Lagos State Ministry of Information and Strategy, is set to officially begin on Monday, May 11, 2026. Members of the Lagos State Executive Council, including commissioners and heads of various Ministries, Departments, and Agencies (MDAs), will be on hand to provide thorough accounts of their work, reflecting the administration’s dedication…

Nigeria and the United States are ramping up collaboration on security, counterterrorism, and regional stability, marking a significant step in strategic partnership. During a three-day working visit to the U.S. from May 4 to May 6, Nigeria’s National Security Adviser, Mallam Nuhu Ribadu, engaged in a series of high-level discussions with key U.S. officials. He conveyed President Bola Ahmed Tinubu’s strong commitment to nurturing Nigeria’s long-standing strategic ties with the United States. Ribadu met with U.S. Vice President J. D. Vance, Acting National Security Advisor Marco Rubio, Undersecretary for Political Affairs, Allison Hooker, and Assistant Secretary of War, Daniel Zimmerim.…