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A devastating incident unfolded in Nigeria's Kaduna state as a mosque, standing for over 150 years, collapsed during midday prayers. The collapse resulted in the loss of 10 lives, with 30 others sustaining injuries. The tragic event sent shockwaves through the local Muslim community, leaving a lasting impact on the region.
The President of the Christian Association of Nigeria (CAN), Archbishop Daniel Okoh, has expressed heartfelt condolences to the Muslim Ummah in Zaria and the entire nation following the tragic loss of lives and injuries resulting from the collapse of a section of the historic Zaria Central Mosque during Friday's prayer session.
Prominent Nigerian journalist Dele Momodu has expressed disappointment over President Bola Tinubu's newly appointed ministerial team, claiming it lacks the quality seen in previous administrations. Momodu highlights the absence of familiar faces and renowned names in the current cabinet and criticizes the hurried replacement of candidates undergoing screening. Drawing comparisons to past governments, he commends the effectiveness of ministers under the PDP reign. As scrutiny intensifies, the new administration faces challenges in steering Nigeria's future.
NGX is collaborating with Euroclear and the Central Securities Clearing System to establish a dollar settlement platform for tech startups in Nigeria. This platform aims to facilitate capital raising in dollars for fintech and tech companies, creating opportunities for domestic investors and contributing to the growth of the Nigerian economy. The collaboration addresses regulatory hurdles, high interest rates, and the need to incentivize companies to list on the local capital markets.
Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, expressed deep concern over the increasing cases of organ failure in Nigeria. He emphasized the need for collaboration between the parliament and relevant authorities to address this pressing medical and societal challenge. Kalu also highlighted the significant financial impact of medical treatment abroad and called for the promotion of professional organ transplant within the country's health sector.
Eunisell, a prominent player in the oil and gas industry, has unveiled their Early Production Facilities (EPFs) to revolutionize the Niger Delta's oil and gas sector. These modular and scalable installations are strategically positioned in challenging onshore and remote swamp locations, expediting oil and gas production and generating early revenue. The Qua Iboe Onshore Facility and Atala Barge Facility showcase Eunisell's engineering prowess and commitment to sustainability. The EPFs have also had a positive impact on local communities, creating job opportunities and contributing to skill development.
Eunisell, a key player in the oil and gas industry, has introduced innovative Early Production Facilities (EPFs) in the Niger Delta. These groundbreaking facilities promise to revolutionize the region's oil and gas sector by expediting production and generating early cash flow. Eunisell's EPFs offer efficiency, adaptability, and sustainable practices, setting a precedent for industry innovation. The Qua Iboe Onshore Facility and the Atala Barge Facility are leading examples of Eunisell's engineering prowess, showcasing their ability to overcome logistical challenges and protect the fragile Niger Delta ecosystem. Additionally, these installations have had a positive impact on local communities, creating job opportunities and supporting skill development initiatives. Eunisell's EPFs serve as a blueprint for emerging industry entrants, illustrating the power of innovation, determination, and audacity in transcending barriers.
Former President Goodluck Jonathan has called for closer collaboration between academia and industry partners to enhance industrialisation, economic growth, and the employability of university graduates in Africa. He emphasized the importance of co-creating educational programs that align with the needs of the job market and developing an entrepreneurial mindset among students. Jonathan believes that academia/industry partnerships bridge the gap between theory and practice, provide invaluable insights into the corporate world, and nurture entrepreneurship.
Former President Olusegun Obasanjo has made a prophetic statement, revealing the only Nigerian Christian leader he is sure will make it to heaven. In a eulogy at the funeral service of Dr Sunday Mbang, the late Prelate of the Methodist Church of Nigeria, Obasanjo commended Mbang for his forthrightness and the valuable guidance he provided during his tenure as president. This revelation has sparked discussions about the role of religious leaders and their impact on society.
Nasir El-Rufai, the immediate past governor of Kaduna State, has reportedly withdrawn his interest in working as a minister under President Tinubu's administration. According to a Premium Times report, El-Rufai cited the need to focus on his doctorate program in The Netherlands and expressed his willingness to contribute to the administration and development of Nigeria as a private citizen. He suggested Jafaru Ibrahim Sani as his replacement from Kaduna State, highlighting Sani's resourcefulness and potential usefulness to President Tinubu.
The Nigerian Exchange Limited (NGX) is collaborating with Euroclear and CSCS to establish a dollar settlement platform for tech startups. This partnership aims to provide opportunities for domestic investors to access shares and contribute to the growth of the Nigerian economy. Taking into account the challenges fintechs face in public markets, NGX has received regulatory approval to launch a tech board, easing listing requirements. In addition, the Exchange is working on a solution to facilitate capital raising in US dollars, overcoming settlement hurdles for fintechs.
The University of Ibadan, a federal institution, has recently faced criticism for its decision to increase tuition fees. This move comes after the signing of the student loan bill into law. Despite denials from President Tinubu, students will now have to pay significant amounts for various courses and accommodations.
The Nigerian Exchange Limited (NGX) is partnering with Euroclear and the Central Securities Clearing System (CSCS) to establish a dollar settlement platform for tech startups. This platform will enable domestic investors to access shares and support the growth of the Nigerian economy. NGX has obtained approval from the Securities and Exchange Commission (SEC) to launch a technology board, encouraging fintechs and tech firms to raise capital in the local currency. This move aims to address the preference for private markets due to regulatory requirements associated with public listings.
Mobile Virtual Network Operators (MVNOs) in Nigeria are driving innovation and connectivity, helping to define the future of the telecommunications industry in Africa and other emerging economies. These operators, known for their early adoption of new technologies, are using tools such as cloud computing, artificial intelligence, and software-as-a-service to test new ideas and provide more affordable communications services. The new licensing framework in Nigeria is also driving investments in infrastructure and connectivity, benefiting both the MVNOs and local communities. As the MVNO market continues to grow globally, the key to success lies in understanding and connecting with niche markets.
West African heads of state have gathered in Nigeria to discuss their response to the military takeover in Niger. The junta has defied previous threats of force to restore democracy and has instead named a new government. The summit is expected to determine the next steps, which could include military intervention as a last resort. The situation has raised concerns about regional stability and the impact on the fight against Islamist insurgency in the Sahel region.
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