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Remmy Nweke Urges Media Patriotism on dotNG, Says Pros are Original Social Influencers

Mr. Remmy Nweke, Lead Strategist and Group Executive Editor at DigitalSENSE Africa Media has urged Nigerian media practitioners to be patriotic about the country’s code Top Level Domain (ccTLD),.
Speaking at the 2019 Media College on .NG on his paper entitled “Media as catalyst for change in Domain Name System (DNS) industry,” Mr. Nweke, enjoined Nigerian media practitioners to own this country resource beginning with their becoming individual registrants on .NG string likeITREALMS.com.ng.
He told participants at the 2019 “Media College on .NG” organized by the Nigeria Internet Registration Association (NiRA) on the overarching theme of ‘The Role of Media in DNS Industry’ that by the fact of becoming a registrant, an end-user, media practitioners are drawing nearing to understanding the modus operandi of NIRA as the registry for dotNG.
Nweke, a former Executive Director at NIRA, pointed out that by associating with the dotNG brand by media practitioners should be reciprocal with requisite industry supports like instituting a direct reward for the media foot-soldiers such as reporters and editors alike, especially for those playing active positive roles in sustaining the Nigeria’s DNS industry, as those media entities needs to be sustained too.
Also, Nweke, who doubles as the Editor-in-chief of multiple award-winning ITREALMS, advised that media practitioners could leverage the resellership of domain names to empower themselves knowledge-wise on DNS industry, whilst adding up a new income stream, as well as offering online writing and editing services, webdesign, Voice Over services to name a few.
By developing new online products, he said, media practitioners should ensure they build strong media brands on the internet and consistent with their dreams, so as to be seen as adding value by making money.
With this notion, he said, DNS industry in Nigeria will thrive for the benefit of all Nigerians including media professionals.
Drawing attention to the importance of new media, Nweke said, it’s a form of media that are native to computers, computational and relying heavily on computers for redistribution, stressing that new media nowadays comprises telephones, computers, virtual worlds, single media, website games, human-computer interface, computer animation and interactive computer installations.
He defined DNS as the Internet’s system for converting alphabetic names into numeric Internet Protocol (IP) addresses, citing for instance that a web address’ Uniform Resource Locator (URL) is typed into a browser, DNS servers return the IP address of the web server associated with that name, within nanoseconds.
Further, Nweke, who is a multiple award winning author and techmediapreneur, said that as a catalyst, Nigerian media should reawake their watchdog role with focus on the DNS industry, so as to precipitate the needed change by making certain that .NG receive the attention it deserves thereby making the difference a change agent.
Describing well-trained media professionals as the original social influencers, who have contributed immensely in every burgeoning society and advised them not to let that role be swept away by fades in the name of ‘social media influencers.’
This, he said, they can do by enmeshing themselves with the knowledge of the new media, through avalanche of open sourced education opportunities like Massive Open Online Course (MOOC) among others.
In addition, he called for closer collaboration between NIRA and likes of Nigeria Information Technology Reporters Association (NITRA) and Guild of Corporate of Online Publishers (GOCOP), to name a few.
Emphasizing that NiRA is the registry for .NG Domain Names and maintains the database of names registered in the .ng country code Top Level Domain (ccTLD), just as NIRA is a Not-for-Profit, Non-Governmental Self-Regulating body and managers the .ng national resource, in the public interest of Nigeria and global internet community.
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EFCC Arraigns Two FSDH Bank Officials Over $307k, €50k Fraud


EFCC
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AfDB Supports Francophone Africa Start-ups with €6.5M

The African Development Bank Group last week approved an investment of €6.5 million in the Saviu II fund in order to support technology start-ups through their seed phase and first institutional fundraising, mainly in French-speaking Central and West Africa.

The Bank will invest €4.5 million as equity and €2 million as a first-loss hedging tranche on behalf of the European Commission, under the Boost Africa Programme.
This participation of the Bank Group will enable the Saviu II fund to give priority to companies with a strong technological or digital component.
Saviu II, the second investment vehicle of Saviu Partners, plans to invest between €500,000 and €3 million in about 20 technology or technology-oriented business-to-business start-ups in the seed phase or carrying out first institutional fundraising.
The Saviu II venture capital fund aims to make at least 60% of its commitments in the French-speaking countries of West and Central Africa: Côte d ‘Ivoire, Cameroon, Benin, Senegal, Togo, Burkina Faso and Mali.
The fund can also co-invest in promising technology companies in East Africa that have a strong team and business model, and whose strategy includes entering the market in French-speaking West African countries and establishing a strong presence there.
In addition, the fund will devote a dedicated envelope to pre-seed investments, focusing on minority equity investments, usually in co-investment with studios, incubators or other ecosystem partners.
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Nigeria Inks $1.3bn MoU with AFC for Alumina Refinery, Mining Push

Nigerian Government has signed a $1.3 billion Memorandum of Understanding (MoU) with Africa Finance Corporation (AFC) via the Solid Minerals Development Fund (SMDF) to fund an alumina refinery, national geoscience mapping, and a strategic investment vehicle for mining growth.

Special Assistant to the Minister of Solid Minerals Development, Segun Tomori, said the refinery will process one million tonnes of bauxite yearly using a modern Bayer process, powered by an on-site gas-fired cogeneration plant.
Minister Dele Alake called it a transformative milestone boosting GDP, aligning with reforms that improve investment climate, regulations, and licensing to attract private capital. He directed agencies to fast-track permits.
The 20-year project at 95% utilization eyes 19 million tonnes total output, $1.2 billion annual GDP addition, $25 billion economic impact, and $8 billion forex earnings, per feasibility studies.
SMDF Executive Secretary Fatima Shinkafi termed it the agency’s biggest funding deal, supporting value-addition policy.
The partnership extends to geoscience mapping for mineral data, de-risking exploration, and a joint vehicle for mining assets.
Permanent Secretary Engr. Farouk Yabo praised the reforms. Shinkafi signed for government; AFC’s Franklin Edochie for the corporation, witnessed by AFC CEO Samaila Zubairu.
Tomori positioned it as Nigeria’s largest private mining investment and FDI magnet.
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