Author: Oladi Samuel

The United Nations General Assembly on Tuesday adopted the  Convention against Cybercrime, a landmark global treaty aimed at strengthening international cooperation to combat cybercrime and protecting societies from digital threats.The agreement on the legally binding treaty marked the culmination of a five-year effort by UN Member States, with inputs from civil society, information security experts, academia and the private sector.UN Secretary-General, António Guterres, welcomed the adoption of the Convention – the first international criminal justice treaty to have been negotiated in over 20 years.“This treaty is a demonstration of multilateralism succeeding during difficult times and reflects the collective will of…

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Nigeria’s festive season during Christmas is a time of unparalleled celebrations, and each region of the country has its unique way of marking the occasion with vibrant festivals.From parades filled with music and dance to cultural exhibitions showcasing local traditions, Christmas carnivals across Nigeria offer the perfect opportunity to experience the country’s rich heritage and holiday spirit.In this guide, we will explore some of the most anticipated Christmas carnivals across Nigeria, with detailed insights into what makes them unique.1. Calabar Carnival (Cross River State) Often referred to as Africa’s Biggest Street Party, the Calabar Carnival is one of the most anticipated…

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Countries are competing to attract skilled professionals by offering high salaries, fast-track visa programs, and abundant job opportunities.These nations not only lead in salary offerings for skilled workers in 2024 but also have strong projections for continued demand in 2025.According to DAAD Scholarship, the following countries stand out for their attractive pay and promising prospects.1. Switzerland – $87,500 average salarySwitzerland remains the top destination for skilled workers in 2024, with an average salary of $87,500. The country offers several work permit options for skilled workers, including the L permit and B permits.Key sectors facing shortages in Switzerland include:IT specialists, healthcare…

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The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled its state-of-the-art Production Monitoring Command Centre (PMCC), a groundbreaking initiative aimed at revolutionizing hydrocarbon production monitoring and boosting operational efficiency across the oil and gas sector.This is contained in a statement issued on X (formerly Twitter) on Wednesday.The PMCC is designed to provide a centralized, real-time view of hydrocarbon production and transportation activities, ensuring the seamless integration of data and processes.By leveraging advanced analytics and predictive technologies, the PMCC addresses critical industry challenges and enhances decision-making capabilities for stakeholders.According to the NNPC Ltd, the PMCC delivers solutions through its centralized…

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Ogun State House of Assembly on Tuesday passed the state’s 2025 Appropriation Bill with a total expenditure of N1,054,542,020,147.The bill was presented to the house by the State Governor, Dapo Abiodun earlier this month.The budget was passed with adjustments in the recurrent expenditures of about 21 agencies, and the capital expenditures of five agencies, as well as adjustments in the revenue targets of two agencies.The passage of the Appropriation Bill followed the presentation of the report of the House Committee on Finance and Appropriation by its Chairman, Hon. Musefiu Lamidi, whose motion for adoption was seconded by his Deputy, Hon.…

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Telecommunication company, Airtel Nigeria, has called for urgent actions to protect telecom infrastructure as vandalism continues to surge leading to a record of an average of 43 fibre cuts daily on the Airtel network alone.The company’s Director of Corporate Communications and CSR, Femi Adeniran, who made the call, said the telco had suffered a total of 7,742 fibre cuts in the last six months.According to him, fibre cuts—primarily caused by construction activities, vandalism, and a lack of coordination between stakeholders—have become an epidemic in the Nigerian telecom industry.“These interruptions not only inconvenience consumers but also hinder businesses, delay government operations,…

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The Lagos State Government has sealed the facilities of three major companies – Nigerian Bottling Company (producers of Coca-Cola), FrieslandCampina (makers of Peak Milk), and Guinness Nigeria Plc – for extracting large quantities of groundwater without proper authorisation.The Lagos State Water Regulatory Commission (LASWARCO) carried out the enforcement operation, as disclosed by Mr. Olowu Babatunde, Director of Technical Services at LASWARCO, on Tuesday in Lagos, as reported by the News Agency of Nigeria.Babatunde revealed that LASWARCO had been engaging with these companies for over seven years to ensure compliance with water abstraction regulations, but these efforts had largely been unsuccessful.“We…

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The exchange rate between the naira and dollar closed N1,537/$1 on Christmas eve gaining one naira from the prior day close of N1,538/$1.This ensures the official exchange rate will go into Christmas at its lowest level in history surpassing the N885.88/$1 exchange rate recorded on the 22nd of December 2023 (the previous worst in history).The currency has thus weakened by a whopping 42% in one year amid several macro-economic headwinds experienced during the year.What the data is sayingData from the central bank exchange rate portal shows the naira closed at N1,537/$1 on Tuesday as businesses closed earlier ahead of the…

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The Association of Telecommunications Companies of Nigeria (ATCON) has said that tariff adjustment in the telecommunications industry has become expedient for the operators to improve the quality of their voice and internet services.The President of ATCON, Mr Tony Emoekpere, stated this during an interview with the News Agency of Nigeria (NAN) on Tuesday.Aside from tariff adjustments, Emoekpere said the operators would also need economic incentives to mitigate the impacts of the rising operational and capital costs.“MNOs should be permitted to implement controlled tariff increases to account for rising operational and capital costs. “In parallel, the government can provide tax breaks or…

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The National Agency for Food and Drug Administration and Control (NAFDAC) has seized unregistered food products worth over N3.8 billion during a raid on a warehouse in Apongbon Oke Arin Market, Lagos.The operation, conducted by NAFDAC’s Investigation and Enforcement Directorate, followed a tip-off about the sale of unregistered items at the facility.Various products worth N3,818,802,720 were confiscated, and the warehouse has been placed on hold pending further investigation.Warehouse under investigation In a statement on its official X handle on Tuesday, NAFDAC announced “The warehouse management has been summoned for questioning, and appropriate sanctions will follow after investigations. “We reaffirm our commitment…

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