CBN records strongest net reserve position in over 3-yrs - ITREALMS

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The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position which stood at $23.11 billion, as of the end of 2024, reports ITREALMS.

This, CBN also noted, reflected a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence.

Setting records straight over purported first republic Igbo dominance - ITREALMS

ForTheRecords@ITREALMS ... making leadership SENSE with digital news!

A scripted deception has been circulating all over social media, including WhatsApp groups, suggesting that Igbos, despite being dominant in Tafawa Balewa's government, went ahead to kill him. Nothing can be farther from the truth. This script has turned history on its head. The narrative is designed to present Igbos as disloyal power grabbers and confuse gullible readers, obfuscate the past and promote national discord.

Let us set the records straight; Igbos played no dominant role in Balewa's cabinet. The outline below will help demonstrate this.

Igbo lady, Chisimdi Nwobodo breaks records for speaking 11 languages - ITREALMS

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A 23-year-old Igbo lady, Favour Chisimdi Emerald Nwobodo has been honoured with an international award recently for speaking 11 languages fluently without leaving Nigeria's shores, reports ITREALMS.

This history was made as Chisimdi, a gifted linguist who speaks fluent Igbo, Korean, Swahili, Shona, Indonesian, Filipino, Spanish, German, French, Chinese, and English, bagged the Huff Prize for social enterprise.

Dawda debuts with single 'Wine' with LPME records - ITREALMS

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LPME Group, a trailblazing music studio based in Dubai, proudly announces the release of the debut single, "Wine," by the exceptional singer, songwriter, and producer, Dawda.

With an unparalleled commitment to promoting diverse talents globally, LPME Group is poised to propel Dawda to the forefront of the African and Middle Eastern music scenes.

IXPN records yearly peak traffic growth - ITREALMS

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The Internet Exchange Point of Nigeria (IXPN) has continued to record yearly peak traffic growth, reports ITREALMS.

Disclosing this to ITREALMS in Lagos, the Managing Director and Chief Executive Officer of IXPN, Mr. Muhammed Rudman said that the exchange has confidently grown peak traffic annually for the past 10 years.

inDrive grows, records over 66m downloads in 2023 - ITREALMS

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The global mobility and urban services platform operating across 46 countries including 9 African countries, inDrive, has been named the world’s second most downloaded ride-hailing app in 2023, reports ITREALMS.

Thus retaining this accolade for a second consecutive year, according to data.ai, just as inDrive achieved a notable milestone, ranking as the fourth most downloaded application worldwide in the travel category.

NCC: Nigeria records over .5m 5G subscription - ITREALMS

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The Nigerian Communications Commission (NCC) has revealed that subscription for the Fifth Generation (5G) services have recorded over half a million (.5m), reports ITREALMS.

Disclosing this at a media chat in Kano, the Executive Chairman of the Commission, Prof. Umar Danbatta, said that broadband has been placed on a fast lane to achieve the 70 per cent penetration by end of 2025.

MTN in half-year result: Records N1.16trn revenue - ITREALMS

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The MTN Nigeria Communications Plc, has recorded a new milestone as the first listed company on the Nigerian Exchange Ltd to declare a record N1.16trn revenue in six months, reports ITREALMS.

The company’s 2023 half-year financial statement revealed on Friday that MTN also posted N421.57bn profit before tax, a rise from N352.3bn.

Nigeria records negative FDI in 2022 says UNCTAD - ITREALMS

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The Foreign Direct Investment (FDI) into the Federal Republic of Nigeria in 2022 turned negative to -$187 million as a result of equity divestments, reports ITREALMS.

Disclosing this, the World Investment Report 2023 published recently, ITREALMS gathered that FDI flows to Africa also declined to $45 billion in 2022 from the record $80 billion set in 2021, which also accounted for 3.5% of FDI globally.

Nigeria Prize for Science records 100 entries for 2023 cycle - ITREALMS

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The Nigeria LNG Limited (NLNG) has received 100 entries from across the globe for the 2023 iteration of The Nigeria Prize for Science.

The $100,000 Prize maintains the heightened level of interest experienced in 2022 when about 107 entries was received.

Nigeria Prize for Literature records 61% rise in drama cycle entries - ITREALMS

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The Nigeria Prize for Literature, sponsored by the Nigeria LNG Limited (NLNG), has recorded a remarkable 61 per cent rise in entries for Drama cycle, with 143 entries received for the 2023 edition against 89 entries in the last Drama cycle in 2018, reports ITREALMS.

The entrants, ITREALMS gathered will compete for a top prize of $100,000, that is estimated N45,959,497.00 as at the time of filing this report.

Abajue Nneoma Paracleta breaks academic medical records @NAUTH

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A female medical graduand, Dr Abajue Nneoma Paracleta, has broken the academic medical records at the 50th induction ceremony of the Nnamdi Azikiwe University Teaching Hospital, (NAUTH), Nnewi Campus, Anambra State, held at the weekend, reports ITREALMS.

Nneoma, whose father, Mr. Chidi Abajue, is a Lagos-based media practitioner, broke the records in some five fronts during the graduation ceremony to include the overall best student; best student in 50th Bachelor of Medicine, Bachelor of Surgery also known as MBBS; Chief Cletus Ibeto’s prize for best student in Pediatrics; Eche Adinma’s prize for best student in community medicine and Eche Adinma’s prize for best female student.

Nigeria records 3.8m cyber attacks over governorship elections - ITREALMS

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Nigeria has recorded a total of 3,834,244 attacks originating from both within and outside the country during the governorship and state assembly elections at the weekend, reports ITREALMS.

The Minister of Communications and Digital Economy, Isa Ali Pantami, gave the break down as that on Friday 17th March, 2023 recorded 1,046,896; Saturday 18th March, 2023 had 1,481,847; Sunday 19th March, 2023 witnessed 327,718 and Monday 20th March, 2023 saw to 977,783.

INEC records 3rd attacks on facilities in Imo State - ITREALMS

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The Independent National Electoral Commission (INEC) has recorded the third attack on its facilities in Imo State in one month, reports ITREALMS.

The Resident Electoral Commissioner (REC) for Imo State, Professor Sylvia Uchenna Agu, was quoted as reported that the third in the series as the State Headquarters office in Owerri that got attacked by unknown gunmen.

ITU-led Partner2Connect records about USD 30bn in global commitments to bring the world online

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A total commitments worth USD 29.92 billion, about N13,314,998,400,00 trillion, have been pledged since March to bring the world’s hardest-to-connect communities online, according to the International Telecommunication Union (ITU), the United Nations specialized agency for information and communication technologies.

The total commitments, coming in 578 pledges from around the world, include cash funding as well as policy, programme and advocacy efforts mobilized since the launch of a dedicated pledging platform to extend Internet reach around the globe.

ASUU records casualty as IBBUL's professor withdraws - ITREALMS

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The prolonged industrial strike of the Academic Staff Union of Universities (ASUU) has suffered an impact on Sunday as a member of the union in Ibrahim Badamasi Babangida University, Lampai (IBBUL), Niger State, Prof. Mohammed Aliyu Paiko, formally tendered a letter withdrawing his membership with immediate effect.

The letter, dated 28-08-2022, drew its inference from the 196-day strike action on the directive of national body, leading to the union denigrating states-owned universities as quacks and irrelevant for not participating in the strike.

Setting Records Straight about first republic purported Igbo dominance by Osita Chidoka - ITREALMS

ForTheRecords@ITREALMS ... making leadership SENSE with digital news!

A scripted deception has been circulating all over social media, including WhatsApp groups, suggesting that Igbos, despite being dominant in Tafawa Balewa's government, went ahead to kill him. Nothing can be farther from the truth. This script has turned history on its head. The narrative is designed to present Igbos as disloyal power grabbers and confuse gullible readers, obfuscate the past and promote national discord.

Let us set the records straight; Igbos played no dominant role in Balewa's cabinet. The outline below will help demonstrate this.

CVR records 8,5m says INEC, 15m yearn transfer, replacement - ITREALMS

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The fresh registration in the ongoing Continuous Voter Registration (CVR) has hit 8,564,512, says the Independent National Electoral Commission (INEC) reports ITREALMS.

This is coming as some 15,071,668 applications were received as at 7am, Monday, April 25, 2022, by INEC for voter transfer, requests for replacement of Permanent Voter Cards (PVCs), update of voter information record to name a few.

NNPC rakes ₦43.57bn in trading surplus for April - ITREALMS

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The Nigerian National Petroleum Corporation (NNPC) has recorded a trading surplus of ₦43.57bn in April 2021, reports ITREALMS.

This, ITREALMS gathered, represents a 23.64 per cent increase over the ₦35.24bn surplus it recorded in the previous month of March 2021.

FRSC records 12% reduction in road crashes, 6055 offenders apprehended - ITREALMS

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The Federal Road Safety Corps (FRSC) has recorded 12 per cent reduction in road traffic crashes during the just concluded 2021 Eid-el Kabir Sallah special patrol operations that held nationwide, as a total of 6055 offenders were arrested for committing 7609 offences between 16 to 25 July, 2021 being the period that the operations lasted, reports ITREALMS.

The Corps Public Education Officer, Mr. Bisi Kazeem, informed ITREALMS that a total of 108 road traffic crashes (RTC) were recorded as against a total of 123 in the same period in 2019 representing 12% decrease.