General News
Alibaba, Chinese Ecommerce Giant to Support 4 Nigerian Techprenuers

Mr. Jack Ma, China’s second richest man and founder of Alibaba, said his Alibaba Group will support four technology entrepreneurs in Nigeria, among the 10 to be supported in Africa.
He did not elaborate.
Jack Ma made this known today, when he visited Nigeria’s Vice-President Yemi Osinbajo in Abuja, ahead of Nigeria Digital Economy Summit in Abuja.
Jack was also at the head of a large delegation of Chinese technology entrepreneurs to Nigeria.
The former school teacher, who built China’s biggest e-commerce platform made very commendable remarks about Nigerian entrepreneurs and said he had always looked forward to visiting the country.
He said his company was working on promoting technological innovation in the areas of E-frastructure, Entrepreneurship, E-governance and Education in Nigeria and other African countries.
Vice President Osinbajo said the creativity and resourcefulness of young Nigerians doing incredible things in the technology space across the country and beyond present great opportunities for partnerships with global technology giants.
Jack was in Nigeria on the invitation of Vice President Yemi Osinbajo as part of the Federal Government’s efforts to promote technological innovation amongst young Nigerians as a means of job creation.
According to Osinbajo: “Nigeria represents an incredible opportunity and potential, and we had spoken a few minutes ago about how Nigeria will in another two decades or so become be the third largest in terms of population in the entire world. The largest segment of that population are young people, under 25, who will be over 60% of that population.
“This is exciting time for us and we are really happy that you are here and I know the young people and lots of businesses and entrepreneurs are looking forward to your interaction with them later today.
“I think you will find very energetic, very creative group of young men and women and older men and women who are increasingly interested in entrepreneurship especially digital entrepreneurship.
“So, the potential is tremendous, it is an incredible potential that we have. So, we are at a point, and your coming is very strategic, in our trajectory and in the progress of our country.
“I think, it is a very important moment and what we are seeing – a lot of entrepreneurship, a lot of young people who are very actively engaged in the digital economy at various levels.”
The Vice President spoke about some of the steps already taken by the Buhari administration to support young Nigerians in the technology space in building skills and capacities to create opportunities for themselves and others.
“One of the critical things for us is that with a huge population and so many people living in the rural area, we have major issues around financial inclusions for large numbers of our people. And so making payments or doing financial transactions across the country presents a challenge which we have to meet.
“The point you made is important, namely, that Government must provide the infrastructure for purposes of enabling the entrepreneurs to do more effective business.
“So, that is one of the critical areas for us. We have a programme that is called Broadband Connectivity for all by 2023 which is basically to see how we can deepen connectivity for all.
“We are also looking just as you said about e-government, that’s also crucial because government tends to be viewed with a great deal of suspicion, nobody is quite sure of what the government is up to all the time. We think that government can benefit from the efficiencies that the digital economy provides.
“So we are at a point where we are also looking at how to revolutionize government businesses so that we can do more in terms of business with the ordinary citizens, give more information, do more transactions, get passports and licenses and approvals online and that kind of thing.”
Speaking specifically about the impact of the Federal Government’s N-Power programme the Vice President said, “We started a job programme for young people called N-Power where we engaged half a million young people.”
“We wanted to build the E-frastructure to make this happen, so we gathered a group of young entrepreneurs, so they put together the system which enabled us to engage the half million people.
“We pay them online, we teach them online, we put materials in open portals for them so that they can actually access these portals. They also have equipment (like the one I have) which helps them to train as extension workers for farms. They also work as teachers, so, we train them also using these open portals and all others and it proved to be tremendously successful,” he added.
General News
Court Remands Akujobi, Ex Access over alleged Theft of N294.5m

Chinonso Akujobi, former staff of Access Bank in Lagos, has been remanded in Ikoyi prison after she was arraigned on a five-count charge bordering on stealing to the tune of N294.5m.

Akujobi who is being prosecuted by the Economic and Financial Crimes Commission (EFCC) was arraigned before Justice I.O. Ijelu of the State High Court sitting in Ikeja, Lagos.
EFCC alleged that Akujobi stole the money between January and December 2025 while under the employment of Access Bank Plc.
As stated in one the charges, the defendant stole the money through unauthorized payments from the general ledger of Access Bank to her account number 0036668871 with the name Chinonso A., Uchechi A. and Florence A., thereby committing an offence of stealing, contrary to Section 280 and punishable under Section 287 of the Criminal Law of Lagos State, 2015.
The defendant pleaded “not guilty“ to the charges when they were read to her.
In view of this, S.M.Yabo, prosecution counsel, asked the court for a trial date and also prayed for the remand of the defendant in a Correctional centre.
Justice Ijelu, thereafter, adjourned the case till October 8, 2026, for the hearing of the bail application and the commencement of trial.
The Judge also ordered that the defendant be remanded in the Ikoyi correctional Centre.
General News
NSIB Faults Runway Identification, Reveals Cockpit Disagreement in Asaba Jet Incident

The Nigerian Safety Investigation Bureau (NSIB) says the flight captain of the VMO Aero aircraft that landed on a roadway near Asaba Airport in Delta State told investigators that the observer pilot mistakenly identified the paved road as the runway before touchdown.

The bureau disclosed this in a preliminary report released on Thursday on the June 10 incident, which prompted the Nigeria Civil Aviation Authority (NCAA) to ground the private jet.
The aircraft had seven people on board, including the pilot-in-command (PIC), second-in-command (SIC), an observer pilot, a cabin crew member and three passengers.
According to the report, the aircraft was cleared by Air Traffic Control (ATC) to approach Runway 11 at Asaba Airport after the crew requested a right orbit.
The crew initially discontinued the approach, executed a missed approach and repositioned for a second landing attempt.
NSIB said the crew reported that the aircraft’s navigation systems indicated it was correctly established on the published RNAV Runway 11 approach.
“The PIC and SIC reported that the observer pilot identified the paved surface ahead as the runway,” the report stated.
However, the observer pilot gave investigators a different version of events.
According to NSIB, he said the aircraft remained inside cloud until late in the approach and that the Ground Proximity Warning System (GPWS) repeatedly issued “TERRAIN, TERRAIN, PULL UP” alerts.
He also said he observed a telecommunications mast directly ahead and instructed the flight captain to abandon the approach and climb immediately.
The bureau further disclosed that a cabin crew member reported that one of the passengers became concerned after overhearing discussions among the pilots and asked whether one of them was undergoing training. The passenger was reportedly reassured that all three pilots on board were experienced captains.
NSIB said no abnormal events were reported in the cabin before touchdown.
The aircraft eventually landed at about 8:57 a.m. on an under-construction paved roadway near Asaba Airport instead of the designated runway.
The bureau said its investigation into the incident is ongoing, while the preliminary report highlights conflicting accounts among the cockpit crew over the circumstances that led to the erroneous landing.
General News
EU warns Meta over addictive Facebook, Instagram designs, threatens fines

European Union has warned Meta Platforms Inc. that it could face a significant financial penalty unless it changes what regulators describe as the “addictive design” features of Facebook and Instagram.

The European Commission issued the warning in preliminary findings released on Friday, saying Meta had failed to sufficiently address risks posed by its platforms, particularly to children and vulnerable users.
The Commission said features such as infinite scrolling, personalised content recommendations and automatic video playback were designed in ways that encouraged excessive engagement with the platforms.
EU Executive Vice-President for Tech Sovereignty, Security and Democracy, Henna Virkkunen, said protecting the physical and mental well-being of European citizens should be a priority for social media companies.
The Commission said Meta should consider introducing design changes, including disabling autoplay and infinite scrolling by default, providing effective screen-time reminders and adjusting recommendation systems to reduce the focus on maximising user engagement.
The findings were issued under the European Union’s Digital Services Act (DSA), which sets obligations for major online platforms to address risks associated with their services.
Meta, however, rejected the Commission’s conclusions, saying it disagreed with the findings but would continue engaging with European regulators.
The company said it had already implemented measures aimed at protecting younger users, including Teen Accounts that allow parents to manage screen time limits and restrict access during night hours.
The EU said its investigation, which began in 2024, found that existing time-management tools on Facebook and Instagram could easily be bypassed, while parental controls required technical knowledge that limited their effectiveness.
Regulators also expressed concerns over children’s nighttime use of the platforms and the possibility that features such as Reels and Stories could encourage compulsive behaviour.
If the Commission’s preliminary findings are confirmed, Meta could face a fine of up to six per cent of its annual global revenue under the DSA.
The warning comes as the EU steps up efforts to strengthen online safety measures for children, with an expert panel established by European Commission President Ursula von der Leyen expected to present recommendations on protecting minors online.
Several EU member states, including France, have also supported discussions on restricting social media access for children, following Australia’s decision to ban users under 16 from accessing social media platforms.
Meanwhile, the Commission is continuing a separate investigation into whether Meta’s recommendation algorithms create “rabbit hole” effects by directing users towards increasingly extreme content.
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