FG targets $500m for victims of terrorism

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President Goodluck Jonathan on Wednesday said he hoped to raise about $500m over a 12-month period for the Victims Support Fund.

The fund to be administered by a committee led by Gen. Theophilus Danjuma (retd.), is meant to provide relief and succour for all those who have been adversely affected by terrorism and insurgency in the country.

The first fundraising dinner aimed at raising the money is billed for the Presidential Villa, Abuja on Thursday (today).

Globacom signs $500M network expansion agreement with ZTE

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 Leading Telecommunications Company, Globacom on Monday took its network expansion project a notch higher as it signed a $500 million network modernisation and expansion contract with leading telecom vendors, ZTE Corporation.               

The Company had last Friday signed a $750 million deal with Huawei Technologies to massively expand the huge capacity of the Glo network.