ALO360

Cybersecurity Expert Urges Nigerian Youth to Drive Innovation Through Engineering

A cybersecurity expert and Technical Director at Beyond Binary Consulting, Obaseun Awoyinfa, has urged Nigerian youth to embrace engineering and innovation as tools for solving the country’s development challenges. Awoyinfa made the call during a keynote address at a debate and quiz competition organised by the School of Engineering of Ogun State Institute of Technology….

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South-West Commission Secures Rail Operations Licence to Boost Regional Economy

The South West Development Commission has secured a provisional rail operating and track access licence from the Nigerian Railway Corporation, opening the door for passenger and freight rail services across existing rail corridors in the South-West. The move marks a major step toward improving regional connectivity, reducing logistics costs and driving economic growth across the…

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Nigeria’s Broadband Penetration Rises to 54.3% as Telecom Investments Exceed $1bn

Nigeria’s broadband penetration has increased to 54.3 per cent following aggressive network expansion by telecommunications operators, the Nigerian Communications Commission has said. The Executive Vice Chairman and Chief Executive Officer of the NCC, Aminu Maida, disclosed this on Thursday during the 2026 Workshop for Judges on Legal Issues in Telecommunications held in Lagos. The NCC…

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Africa’s Procurement Leaders to Meet in Lagos for Digital Transformation Summit

Procurement executives, policymakers and corporate leaders from across Africa will gather in Lagos on May 26 for the Digital Procurement Africa Summit 2026. The event will focus on using technology to tackle fraud, inefficiency and weak oversight in procurement systems. Gloopro is organising the summit at a time when many African businesses are redefining procurement….

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Victims Loot Alleged Ponzi Scheme Office in Badagry After Platform Collapse

Investors Storm Office Following Withdrawal Issues Angry investors of the collapsed “XM Future Music Group” investment platform reportedly looted the company’s office in the Apa area of Badagry, Lagos State, after losing access to their funds. Videos shared online showed crowds invading the abandoned office and removing several items. Residents and suspected victims carried away…

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FG Launches Northern CNG, Electric Vehicle Corridor in Kano

Government Pushes Cleaner Transport System The Federal Government has launched the Northern Corridor of the Compressed Natural Gas and electric vehicle transport programme in Kano State. The programme operates under the Presidential Initiative on Compressed Natural Gas and Electric Vehicles. Officials unveiled the initiative on Thursday at the Sani Abacha Stadium in Kano. Government officials,…

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SEC Warns Nigerians Against Fake Investment Schemes on Social Media

Regulator Raises Alarm Over Rising Online Investment Fraud The Securities and Exchange Commission has cautioned Nigerians against investing in unregistered schemes promoted on social media platforms. The commission issued the warning in a public notice shared on its X handle on Thursday. According to the SEC, fraudsters now use WhatsApp, Instagram, Telegram, Facebook, and TikTok…

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Otedola Acquires £53m Luxury Mansion in London

Nigerian Billionaire Expands Luxury Property Portfolio Nigerian businessman Femi Otedola has acquired a luxury mansion in London for £53 million, equivalent to about $72 million. Reports showed that the purchase was completed late last year through a UK property filing. The 10-bedroom mansion sits in St John’s Wood, one of London’s most exclusive residential districts…

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