HYBE’s Weverse platform has expanded into China through partnerships with Tencent Music Entertainment and Alibaba, reaching 11.6 million monthly active users globally in the third quarter of 2025. The collaboration with QQ Music allows Chinese subscribers to access Weverse DM premium messaging services, while a Tmall store launched in June sells official merchandise for 17…
The United Nations Food and Agriculture Organization has commended Nigeria’s Marine and Blue Economy Minister Adegboyega Oyetola for advancing initiatives to expand domestic fish output and promote sustainable practices in aquatic resource management. FAO Representative to Nigeria and ECOWAS Hussein Gadain delivered the recognition during a meeting in Abuja, highlighting the ministry’s National Policy on…
A group of civil society organizations has urged the Senate to approve Abdullahi Ramat’s appointment as chairman of the Nigerian Electricity Regulatory Commission, warning that failure to act within 48 hours could trigger demonstrations at the National Assembly and NERC facilities. Leaders Danesi Momoh Prince and Igwe Ude-Umanta addressed reporters in Abuja on Monday, characterizing…
The Leventis Foundation Nigeria reports that 90 National Youth Service Corps members have participated in agribusiness instruction and practical experience at its educational facilities nationwide, with 40 completing the program and 50 currently enrolled. Executive Director Hope Usieta announced the figures on Friday during the third Agricultural Youths Summit in Abuja, organized jointly with NYSC,…
Nigeria has increased its Credit Risk Guarantee for tomato crate financing to 75 percent from a previous 50 percent, a change anticipated to release more than 500 million naira in support funds for the nation’s horticulture industry. Mohamed Selassie Idris, who directs both the International Fertilizer Development Center’s Nigeria operations and the HortiNigeria Programme, disclosed…
Annual losses of approximately $15 billion from oil theft and pipeline vandalism threaten the viability of President Bola Ahmed Tinubu’s Renewed Hope Agenda past 2027, according to research presented by Professor Usman Muhammed from Kaduna State University. Speaking on Friday at the 1st Citizens Engagement Conference in Kaduna, Muhammed highlighted that Nigeria’s petroleum sector suffers…
Delta State’s government is advancing infrastructure projects and broadening energy distribution throughout its territory, according to Charles Aniagwu, who holds the portfolio for rural roads and public information. The official stated on Monday during an appearance on The Morning Show broadcast by ARISE News that these programs aim to stimulate economic expansion, diversify revenue sources,…
Nigeria’s first locally based methanol and ammonium bicarbonate manufacturing facility has begun full-scale operations in Ondo state, with President Bola Tinubu recognizing the achievement as significant progress for the nation’s chemical and fertilizer sectors. The Chinese-owned SuperTech Chemical Industry Limited runs the plant at the Ondo-Linyi Industrial Hub in Omotosho, Odigbo Local Government Area, which…
Nigeria Inter-Bank Settlement System announced the completion of the initial commercial transaction through its National Payment Stack infrastructure on Friday at 11:56 a.m., with PalmPay and Wema Bank executing the transfer that settled within milliseconds. Managing Director Premier Oiwoh characterized the platform as positioning the country at the leading edge of African digital transformation while…
Expanding global internet access to reach all users by 2030 will demand investments between $2.6 trillion and $2.8 trillion, according to projections released by the International Telecommunication Union and Saudi Arabia’s Communications, Space & Technology Commission, outlining expenditures needed to connect approximately 2.6 billion people currently offline. The assessment identifies $1.5 trillion to $1.7 trillion…
