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The Tide To Support NGOs, Others Driving Creative Innovations

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The management of the Rivers State Newspaper Corporation (RSNC), publishers of The Tide Newspaper has said it would support non-governmental organisations (NGOs) and other development agencies driving creative innovations of young people with a view to boosting wealth that would impact positively on the development of the state and the nation.
The General Manager of RSNC, Chief Ernest Chinwo, gave this assurance when he received in audience a group of NGOs led by Convener, StartupSouth, Mr Uche Aniche, who paid him a courtesy visit in his office in Port Harcourt, yesterday.
The General Manager who was represented by the Acting Chairman, Editorial Board/Supervising Editor of The Tide, Nelson Chukwudi, said that the newspaper was aware of its social responsibility to the development of the state, and was working tirelessly to create editorial content to inspire innovative ideas that should drive entrepreneurship and business development opportunities.
He said that it was for this reason that the management created two pages to promote activities of small and medium scale entrepreneurs (SMEs), innovators as well as Information and Communication Technology (ICT) and techprenuers in the state.
Chinwo said that SME/Innovations and ICT pages published every Wednesday provide the needed platform for those in the SMEs and ICTs and tech businesses to reach out to the world through the medium.
According to him, Port Harcourt is one of the largest and fastest growing economic hubs in the country outside Lagos, adding that The Tide Newspaper has remained the only surviving state-owned print media publishing regularly in hard copy and also online.
“It is good you guys are here in Port Harcourt. Outside Lagos, Port Harcourt is the largest and fastest growing business hub in the country, especially in the areas of oil and gas, and ICTs. The newspaper understands the importance of creativity and innovations. This is why we have dedicated two pages to give our young startups and innovators opportunity to showcase their businesses and innovations”, he said.
On the request for media partnership by the group, he assured them of the readiness of the newspaper to synergise with forward-looking business people and agencies to complement government’s efforts to attract investors with a view to upscaling economic development of the state.
“We will be interested in partnering with your organisation so long such collaboration will help move the state to a higher level in terms of economic development. The state government has improved on infrastructure development, and this has enhanced the ease of doing business in the state. We will synergise with your organisation and accommodate your views”, he stated.
Earlier in their various speeches, the Convener, StartupSouth, Mr Uche Aniche, and Executive Director, AfriLabs, Anna Ekeledo, had said that they were in the office basically to seek for partnership with The Tide as the foremost newspaper outfit in the state, especially in the area of publicity of their activities in the 11 states in the South-South and South-East.
They commended the management of the newspaper for the quality news content that has endeared vast readership to The Tide,adding that they were ready now more than ever before to work with the media to communicate the positive developments in the state to the outside world.
According to them,there organisation would harness the professional tech and innovation community to solve social problems and challenges,adding that they would also promote creativity and innovations among young Rivers people by turning them as wealth creators.
“Here in Rivers State, StartupSouth is doing well but unfortunately,the media is not aware of what we are doing.That is the essence of our visit. We cover South-South and South-East,” Aniche said.
“AfriLabs operates in 52 African countries. We are working together to support young innovators in the state. Through our partners, we plan to build a network of business leaders and entrepreneurs to help push the envelope in economic transformation of the state”, Ekeledo added.

By: Akujobi Amadi

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.

Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.

He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.

“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.

The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”

Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.

He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.

Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.

Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.

Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.

Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.

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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

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The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.

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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.

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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.

?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph,  Port Harcourt”, he said.

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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.

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Fubara Redeploys Green As Commissioner For Justice

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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.

Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.

This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.

According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.

The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.

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