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The Ecowas Parliament has decided to send a mediation team to the new military junta in Niger, amidst the ongoing conflict between the junta and neighboring countries. The decision comes after the Ecowas heads of state ordered the activation of a military standby force to restore constitutional order in Niger. However, the military rulers have refused to receive official Ecowas delegations so far. The Niger, a country with a population of approximately 26 million and one of the poorest populations in the world, is a crucial partner for the USA and European nations in the Sahel zone. France and the USA have important military bases in Niger, which is also situated on a central migration route to Europe.
Access Bank Plc. has collaborated with the Carrington Youth Fellowship Initiative (CYFI) to invest in the leadership capacity of young Nigerians. The initiative, which aims to promote good governance, economic development, accessible healthcare, inclusive education, and civil liberties, has successfully concluded a one-year long training programme in Lagos, Oyo, and Ogun states. The partnership between Access Bank and CYFI reflects the bank's commitment towards social impact development and its dedication to making a positive difference in communities.
Nigerian Exchange Limited (NGX) plans to collaborate with Central Securities Clearing System (CSCS) and Euroclear to establish a dollar settlement platform that would enable tech startups to raise funds in dollars. This move aims to encourage domestic investors to have access to shares and contribute to the growth of the Nigerian economy through the democratization of capital formation. NGX received approval from the Securities and Exchange Commission (SEC) to launch a technology board for fintechs and tech companies to raise capital in local currency, providing an alternative option amid the high interest rate environment.
Jobberman Nigeria has teamed up with EbonyLife Creative Academy to launch a groundbreaking short-film competition for content creators in Nigeria. The competition aims to capture key findings from Jobberman's report on how young people survive without jobs. Winners will receive N2 million in cinematography equipment and videography masterclasses. This initiative is part of the MasterCard Foundation's Young Africa Works strategy, which seeks to create economic opportunities for young Nigerians in the creative sector and digital economy.
Access Bank Plc. has partnered with the Carrington Youth Fellowship Initiative (CYFI) to build the capacity of young Nigerians. The initiative aims to empower youth with proactive engagement, training, collaboration, and networking opportunities. The success of the fellowship program reflects Access Bank's commitment to social impact and making a positive difference in communities.
TeamNigeria4Change, in partnership with the Nigeria Paravolley Federation, will host the Ibijoke Sanwo-Olu Paravolley Challenge Cup in Lagos. The event aims to support disabled paravolley players and showcases the empathy of Lagos State Governor's wife, Ibijoke Sanwoolu. Eight teams will compete, and the winners will receive prizes and cash rewards. The initiative highlights the commitment of the First Lady towards the disabled community and will become an annual event.
Anambra State Governor Charles Soludo has announced a partnership between the state government and the Nigerian Navy to strengthen security in the region. The collaboration aims to address issues such as oil theft and criminal activities that pose an existential threat to the state. The recently appointed Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, visited Governor Soludo to discuss the plan. This initiative has been welcomed with jubilation in the South East region.
Anambra State Governor, Prof. Chukwuma Charles Soludo, has expressed his commitment to partnering with the Nigerian Navy to enhance security in the state. During a courtesy visit by the Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, Governor Soludo praised the appointment of Vice Admiral Ogalla and highlighted the need for increased Navy presence in the state to combat oil theft and bunkering activities. The Governor emphasized the importance of a prosperous and safe Anambra State and commended the sacrifices made by the Navy and other security agencies. Vice Admiral Ogalla assured that the Navy will work tirelessly to restore peace in the region and combat criminal gangs that pose a threat to development.
The Nigerian military has announced its determination to aggressively pursue and eliminate all sources of insecurity in the country, including terrorists, bandits, kidnappers, oil thieves, and other criminal suspects. In a week leading up to August 11, 2023, significant achievements were made by the Armed Forces of Nigeria, with the neutralization of 38 terrorists, the arrest of numerous criminals, and the recovery of weapons and stolen assets. The military emphasized its commitment to preventing civilian casualties and acknowledged the crucial support of the citizens in their operations.
Former President Olusegun Obasanjo and Labour Party presidential candidate Peter Obi were in Uyo, Akwa Ibom State to pay their last respects to the late Prelate Emeritus of the Methodist Church of Nigeria, Dr. Sunday Mbang. Governor Udom Emmanuel welcomed them at the airport and expressed his joy at their presence, describing the former president as being in excellent health.
Nigerian Exchange Limited (NGX) is partnering with the Central Securities Clearing System (CSCS) and Euroclear to develop a dollar settlement platform that will allow tech startups to raise capital in US dollars. This initiative aims to provide opportunities for domestic investors to access shares in tech companies and contribute to the growth of Nigeria's economy by democratising capital formation. NGX has also received approval from the Securities and Exchange Commission (SEC) to launch a technology board for fintechs and tech firms to raise capital in local currency.
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 Nigerian Army has refuted claims made by Alhaji Mujahid Dokubo-Asari, founder of the defunct Niger Delta People's Volunteer Force (NDPVF), that it has a partnership with his security outfit. Brigadier-General Onyema Nwachukwu, the Director of Army Public Relations, clarified that the Nigerian Army has never conducted any operation in collaboration with Dokubo-Asari or his organization. This statement comes amidst other news of the Army's efforts to tackle insecurity in different parts of the country.
South-East governors have resolved to deal decisively with the perpetrators and sponsors of insecurity in the region. They emphasized that these individuals should be seen as criminals and not legitimate agitators. The governors commended the efforts of security agencies and encouraged them to continue in their fight against insecurity. A security and economic summit for the South-East region will also be held soon.
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.
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