The University of Lagos (UNILAG), is set to confer Honorary Degree of Doctor of Science (D. Sc) on the Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, at its 55th convocation. No fewer than 16,409 students will graduate during the week-long activities scheduled to commence with a Juma’at service at the institution’s Central Mosque on January 10 and end on January 17. The institution’s Vice Chancellor, Prof. Folasade Ogunsola during a Pre-Convocation news briefing on Wednesday, said former Gov. Babatunde Raji Fashola of Lagos State will be the Chairman of the occasion. The Vice-Chancellor said that the Convocation…
Author: Elvis Eromosele
In a groundbreaking event underscoring the importance of cross-border collaboration, the Atlanta Black Chambers (ABC) and the Canadian Black Chamber of Commerce (CBCC) have signed a Memorandum of Understanding (MOU) to promote mutual economic growth and opportunities for Black-owned businesses. The virtual signing ceremony marked a milestone in fostering international cooperation, economic inclusivity, and shared prosperity. Speaking at the event, Melvin Coleman, President and CEO of the Atlanta Black Chambers, highlighted the significance of the collaboration: “Valuable relationships should start with our closest neighbours. Working together will inspire progress in our communities. Thanks to all who made this possible; this…
Microsoft, global software giant, has announced plans to invest a substantial $80 billion in the construction of Artificial Intelligence (AI)-focused data centres throughout 2025. The aim of this investment is to develop cutting-edge data centres capable of handling the immense processing power required for AI workloads. These specialized facilities will be crucial for training and deploying advanced AI models, enabling Microsoft to enhance its AI-powered services and applications. According to Brad Smith, Microsoft’s Vice Chair and President, “Artificial intelligence is the electricity of our age, and the next four years can build a foundation for America’s economic success for the…
In a world where experience often trumps innovation, a new generation of leaders is rewriting the playbook, proving that youth can drive transformative change. Among these pioneers is Gossy Ukanwoke, one of Nigeria’s youngest and most influential Managing Directors. His journey is proof to the fact that age is no barrier to achieving greatness when vision, resilience, and leadership converge. Pioneering Change at an Early Age Gossy Ukanwoke’s leadership story began long before BetKing. He made his mark as a groundbreaking entrepreneur in his 20s by introducing BAU, Nigeria’s first online university, at a time when digital education was virtually…
In furtherance of efforts to boost data protection in the country, the Nigeria Data Protection Commission (NDPC) has revealed that it would start imposing heavy fines against businesses that are handling Nigerians’ data, otherwise referred to as data controllers and data processors, starting this year, 2025. Dr. Vincent Olatunji, National Commissioner of the Commission, disclosed this in his outlook for the year. According to Dr Olatunji, “NDPC up until now has not fined any company but that will start this year as it begins massive enforcement of the Nigeria Data Protection Act (NDPA). “For data controllers and processors, there is…
By Toby Prince In the heart of Nigeria’s digital economy, a story of patriotism and resilience unfolds. The telecommunications sector, a driving force behind the country’s growth, has been facing unprecedented challenges. Despite its significant contributions to Nigeria’s social and economic development, the sector has been struggling to keep up with the rising costs of operations. For nearly a decade, telecom tariffs in Nigeria remained unchanged, while the demand for data and voice services skyrocketed. The cost of operations, however, surged due to rising energy costs, inflation, currency devaluation, and increased costs of importing telecom equipment. These mounting expenses threatened…
TikTok’s third-quarter 2024 report has revealed that Nigeria ranked among the top 50 countries responsible for violating its content policies. The report indicated that Nigeria contributed 2.1 million of the 147.8 million videos removed, globally. These actions reflect the platform’s ongoing efforts to enforce its community guidelines, which focus on maintaining integrity, privacy, and safety on the platform. According to TikTok’s Community Guidelines Enforcement report, around 90 per cent of all material removals during the quarter occurred in the top 50 markets where violations of its standards were documented. TikTok’s policies, which focus on Integrity and Authenticity, Privacy and Security,…
The Nigerian Communications Commission (NCC) has revealed that it has granted approval for the disconnection of Exchange Telecommunications Limited (Exchange) from MTN Nigeria Communications Limited (MTN) due to the non-settlement of interconnect charges. The NCC noted in its statement, “In accordance with the Nigerian Communications Act 2003 and the Guidelines for the Procedure for Granting Approval to Disconnect Telecommunications Operators, 2012, Exchange was duly notified of the application for disconnection and provided with an opportunity to present its case. After a thorough examination of the application and circumstances surrounding the indebtedness, the Commission determined that Exchange did not present sufficient justification for…
Gabriel Orpin, a humble farmer in the heart of Benue State, spends his days tending to rice, cassava, and yam on his small farm. But this Christmas season, Gabriel’s life took an extraordinary turn when he hit the ₦5 million jackpot on BetKing Virtuals. “I’ve always loved farming,” Gabriel shared, his voice brimming with pride. “It’s my own farm, and things have been moving well. But honestly, I never imagined something like this would happen to me.” Gabriel’s journey with BetKing started earlier this year. “It was in June when I tried their Virtuals for the first time,” he recalled.…
In presenting the N49.7 trillion estimated expenditure for the 2025 fiscal year to the joint session of the National Assembly on Wednesday, President Bola Tinubu said that the budget projects that inflation would decline from the current rate of 34.6 per cent to 15 per cent next year, while the exchange rate would improve from approximately N1,700 per the United States dollar to N1,500, and a base crude oil production assumption of 2.06 million barrels per day. President Tinubu explained that the projections were based on the following observations: Reduced importation of petroleum products alongside increased export of finished petroleum…