General News
Buyright Africa Launches NEDWS, Buy Now & Pay Later

Buyright Africa, a genuine digital Lifestyle company that offers a convenient payment scheme on ICT equipment, home appliances and other lifestyle products is set to take the wrapper off its Nigerian Employees Digital Welfare Scheme (NEDWS).
NEDWS allows Nigerian Employees in both the public and private sectors to buy ICT equipment like computers, smart phones, printers, scanners , projectors , UPS and home appliances like TVs, refrigerators, deep freezers, microwave, electricity generating sets of any brand of their choice from Buyright Africa with the convenience of paying over a period of six months at zero interest rate.
The formal unveiling of NEDWS is slated to hold on December 6, at Abuja Transcorp Hilton Hotel with some of Nigeria’s leading public and private sector figures including; Chief Chukwuemeka Wogu, minister of Labour and Productivity; Mrs. Omobola Johnson, his counterpart in the ministry of Communications Technology; as well as Mr. Ibrahim Omar, president of the Nigeria Labour Congress, Mr. Ibrahim Omar.
Mr. Mukoro Emomine, managing director of Buyright Africa, said that “we have been test running this credit scheme for over 7 months and have over 7,500 certified employees who have benefitted from it”.
The intention of NEDWS and its partners is to build financial and moral integrity in the Nigerian Employee of the 21st century towards the development of a viable credit based society.
Mukoro said the focus is to encourage employees to enjoy a minimum standard of living while working hard to improve productivity and reduce fraud at their work places.
Going philosophical, Mukoro asked – How long will it take a young graduate who just secured a job on a salary of N75, 000 per month to save and buy a new laptop or TV?
This is one of the questions this scheme is structured to answer and has been answering; it is one of the problems of our growing society.
As different governments and the private sector struggle to survive globally, NEDWS is meant to empower employed citizens to extend quality living to their households.
This is the trend in the civilized world but here companies and individuals are afraid to extend credit facilities to employees without asking for an arm and a leg including the burden of completing complicated forms.
The Nigerian Employees Digital Welfare Scheme, NEDWS, is a complete departure from that tortuous Past.
Buyright Africa, Mukoro said, instituted a process that has certified as at the end of October over 19 companies in the private sector, nine federal ministries and MDGs, two state governments, 6 tertiary institutions, two churches and five co-operatives.
Staff of these certified institutions will only complete simple Application forms, issue their post dated cheques and the ICT equipment or household appliances of their choice will be delivered to them with no hassles.
The list of the certified institutions and governments would be released at the launch.
Employees of companies, institutions or government not yet certified shall also enjoy the scheme but may be guaranteed by their management or co-operatives.
This may take few hours longer than the certified organizations and governments.
NEDWS is not demanding any form of Bank guarantees and is not working with any bank and that is why it is interest free.
All items offered on this scheme are global brands and Applicants are free to choose any brand they like.
Also, at this launch, Buyright Africa, with the permission of MayFive Media Ltd, a company owned by ex- Newswatch directors, will present Leo stan Ekeh – the chairman of the Zinox Group, and Africa’s leading Digital Entrepreneur in a 45 minutes talk, a glimpse from his upcoming thought provoking and insightful book –“THE TRUTH AND NOTHING BUT THE TRUTH ABOUT THIRD WORLD ENTERPRENEURS”.
Though it will be delivered with great caution noting the limits agreed with the publishers, it will touch on issues like digging deeper and building miracle corporates in a tough economy.
He will touch on the next best options in the market place for new starters, why so many Nigerian Entrepreneurs will continue to lose money and how to avoid the big holes created by big ticket fraudsters.
Mr. Echika Ezuka, media consultant to Buyright Africa, said it promises to be a rewarding experience because it took weeks for the publishers to accept the plea to release a glimpse of this explosive but highly cerebral book that will touch the foundations of this country and shall be officially released in 2014.
That is why this launch is strictly by invitation and we expect those who wish to attend to apply online through www.buyrightafrica.com to be screened or contact BuyrightAfrica by phone to be registered for this event.
General News
Nigeria Police suspends tinted glass permit enforcement over court injunction

Nigeria Police Force has suspended nationwide enforcement of its tinted glass permit policy, hours before its scheduled rollout, in compliance with a Delta State High Court order.

Tinted glass permit
The policy, set for January 2, 2026, aimed to curb vehicle-related crimes but faced legal challenge from a private citizen against the Inspector-General of Police, the force, and Delta Police Commissioner.
An ex parte injunction issued in December 2025 restrained enforcement pending suit determination, prompting the hold announced by spokesperson Benjamin Hundeyin on January 1.
Police entered appearance, filed preliminary objections, and sought injunction vacation; hearing adjourned to January 20, 2026.
The Nigerian Bar Association condemned initial police plans as “executive recklessness,” accusing disregard for rule of law, while police insisted no permanent bar existed on statutory duties.
IGP Kayode Egbetokun reiterated adherence to law while prioritising public safety via intelligence-led strategies during proceedings.
General News
NDIC Reinforces Full Oversight Compliance to Safeguard Depositors

Mr. Thompson Sunday, the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed the Corporation’s strict compliance with fiscal and financial regulations, including the provisions of the Fiscal Responsibility Act (FRA) 2007, noting that the NDIC has consistently remitted the required percentage of its earnings to the Federal Government.

Mr. Sunday made this known during a courtesy visit to the Managing Director/Chief Executive of the Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, as part of NDIC’s ongoing engagement with key stakeholders following his formal assumption of office in July 2025.
According to him, NDIC takes financial accountability and transparency seriously, stressing that the Corporation complies fully with statutory remittance obligations, including the payment of 20 per cent of gross earnings or 80 per cent of net surplus to the Federal Government, as applicable. He added that NDIC also submits its financial statements ahead of statutory deadlines.
The NDIC MD/CE explained that this culture of compliance aligns with the Corporation’s role as a key institution within Nigeria’s financial safety-net, charged with protecting depositors and promoting confidence in the banking system. He emphasized that adherence to fiscal discipline remains central to NDIC’s credibility and effectiveness.
Mr. Sunday further disclosed that NDIC also complies with the Federal Government’s 50 per cent cost-to-income ratio policy, although he noted that the policy poses operational constraints. He explained that the deductions affect NDIC’s ability to build a strong Deposit Insurance Fund, which is needed to respond effectively to bank failures.
He stressed that international best practices under the Core Principles for Effective Deposit Insurance issued by the International Association of Deposit Insurers (IADI) require deposit insurers to maintain adequate funds to reimburse depositors when banks fail without recourse to government, adding that the NDIC is seeking an exemption to strengthen its capacity in this regard.
Mr. Sunday described MOFI as a critical stakeholder, noting that the Federal Government, through MOFI, holds a 40 per cent equity stake in NDIC. He said sustained collaboration with MOFI is essential to ensuring that NDIC continues to meet its obligations to government while effectively safeguarding depositors’ funds.
In his remarks, Dr. Takang commended the NDIC for its exemplary collaborative spirit and acknowledged the Corporation’s compliance with fiscal regulations. He assured that MOFI would continue to engage the Federal Ministry of Finance on NDIC’s behalf, noting that a strong NDIC is vital to sustaining confidence in Nigeria’s financial system.
Both institutions reaffirmed their commitment to continued cooperation, transparency and accountability, with Mr. Sunday reiterating that NDIC remains focused on balancing regulatory compliance with its overriding mandate of depositor protection and financial system stability.
General News
T2 Backs Youth Excellence as NCBC Wins Bosun Tijani Foundation Basketball Tournament

T2 has reaffirmed its commitment to youth development and excellence through sport as the NCBC basketball team, adopted by the brand, emerged champions of the Bosun Tijani Foundation Youth Basketball Tournament held at the Alake Sports Complex, Ijeja, Abeokuta.

The tournament, organised by the Bosun Tijani Foundation in collaboration with the Ogun State Government and supported by several partners including T2, brought together 12 competitive teams from across Nigeria, positioning basketball as a powerful platform for youth engagement, discipline, and opportunity.
NCBC’s championship run reflected the values T2 seeks to champion, work ethic, intelligence, teamwork, and resilience. The team recorded commanding victories over Team Vision, Warlords, and Elevate before defeating the Ilupjeu Raiders 66–52 in a gripping final.
Commenting on the adoption of the team, Seni Ogunkola, Vice President, Brands and Communication, T2 stated “NCBC embodies the qualities we believe in, exceptional work rate, intelligence on the ball, discipline, and a hunger to excel. By supporting them, T2 is investing in potential, purpose, and the next generation of leaders on and off the court.”
The climax of the event saw His Royal Highness, Oba Adedotun Gbadebo, the Alake of Egbaland, alongside Nigeria’s Minister of Communications and Digital Economy, Bosun Tijani, present the trophy to the victorious team, drawing rapturous applause from spectators. The event was also attended by the Chief of Staff to Ogun State Governor Dapo Abiodun, Mr. Lere Olayinka, and the Ogun State Commissioner for Sports, Honourable Wasiu Isiaka, underscoring strong institutional support for youth-focused initiatives.
Through its participation in the tournament, T2 continues to position itself as a brand that goes beyond sponsorship, championing platforms that unlock talent, inspire ambition, and create lasting social impact for Nigerian youth.
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