General News
FG Urges Comsats to Grow Economy through Science and Technology
The Federal Government has challenged Commission on Science and Technology for Sustainable Development in the South (Comsats), to go beyond the idea of identifying Centers of Excellence to creating new ideas and strategies aimed at empowering the under-developed countries for sustainable development through the use of Science and Technology (S&T).
Sam Egwu, Minister of education, said that knowledge is the main stay of most developed economies, and as such, developing countries must tag along with the West to benefit from accelerated socio-economic development.
Speaking at the event put together under the auspice of the National Mathematical Center (NMC) in conjunction with Comsats, Egwu commended the efforts of the committee urging it to ensure that scientists from the 3rd world countries see reasons to come home and undertake the development of their home countries, instead of helping only to further develop the already developed countries.
He said; “this meeting would provide a forum for implementation of Comsats’ initiatives. It will also provide avenue to promote development of member countries and as well encourage stakeholders contribute their quotas in realizing the international development agenda, such as the Millennium Development Goals (MDGs).
Since every economy of the world is knowledge-based, it therefore becomes imperative that Comsats members must look towards moor networking and cooperation aimed at changing the economical, social and political fortunes of one another”.
Development of Science and Technology is a sure way to winning the fight against poverty through the creation of jobs for teeming Nigerians and other citizens of the third world.
Elahi Qureshi, executive director, Commission on Science and Technology for Sustainable Development in the South (Comsats), stated this at the first Comsats consultative committee meeting held in Abuja.
he said the organization has all the ingredients of a powerful instrument for positive change, but added “it is up to our collective wisdom to use this instrument for our common good”.
The vision of the founding fathers of Comsats he noted was to provide a forum to chalk-out joint strategies based on the use of S&T for the socio-economic development of the people.
According to Qureshi, it was a clear mission aimed at empowering the countries of the South; the means to do so was identified as capacity building in S&T; and the way to move forward was decided to be the South-South Cooperation.
He regretted however that the use of S&T as an equalizer of the North and the South has been slow to come about and that disparity has continued to emerge within the South, adding that with move to share knowledge it is bound to create employment.
“Once we have development in the ICT sector more jobs will be created and once that is done people will get jobs and definitely we will help in fighting poverty”
Comsats is a Coordinating Council of Network of International Science and Technology Centers of Excellence with member comprising Bolivia , Brazil , China , Colombia , Egypt , Ghana , Iran , and Jamaica . Others include; Jordan Nigeria, Pakistan , Sudan , Syria , Tanzania and Turkey .
General News
NIHSA Warns States of Possible Flood within Seven Days

Nigeria Hydrological Service Agency (NIHSA) has warned of possible floods in parts of Adamawa, Bauchi, Edo, Imo, Enugu, Akwa Ibom, Cross River, Kaduna, Plateau, Niger, Benue, and Borno states within the next seven days.

According to information posted on NIHSA X handle, the Agency announced medium flood advisory in force for the next 7 days across Adamawa, Bauchi, and 11 other States.
“Localised inundation is forecast along the main channel; named communities below sit on the projected footprint. Stations: Saminara on the Karam river, Waya Dam Site on the Waya river, Amber on the Amber river.
“Adamawa; Lemsa, Lamurde, Numan Exposure: 147 comm. 49 schis 40 hith 6 mkts17 relig. Bauchi-Bauchi, Ningi, Shira. Exposure: 4 comm. Kaduna; Chikun, Giwa, Igabi, Jaba, Jema’a, Kachia, Kaura, Kauru, +6 more. Exposure: 1 comm.
“Borno-Gubio, Mobbar. Exposure: 680 comm. 8 schls 6 hith 5 mkts 21 relig. Edo-Akoko-Ed, EtsakoEa, EtsakoWe, Ikpoba-Okha, Orhionmw, OviaNort, OviaSo.. Exposure: 3 comm.
“Imo-Aboh-Mba, Oguta, Ohaji/Eg, Okigwe, Owerri North, Owerri West. Exposure: 3 comm. 7 more states affected and severity LGAs”.
NIHSA advised people in the affected areas to “do NOT cross flooded roads, bridges, or fast-moving water on foot or by vehicle.
“Clear drainage channels and river-mouth blockages; avoid building or living in the floodplain and move people, livestock and valuables from the floodplain to pre-identified higher ground,” NIHSA stated.
General News
First Trustees Advocates Estate Planning as an Essential Tool in Every Wealth Creation Strategy

First Trustees Limited, a subsidiary of FirstHoldCo Plc., and a leading provider of fiduciary and trusteeship services in Nigeria, is encouraging individuals, professionals, entrepreneurs, and investors to view Estate Planning not as an end-of-life exercise, but as a strategic investment tool for protecting, preserving, and transferring wealth across generations.

As more Nigerians focus on wealth creation through businesses, real estate investments, and other income-generating assets, experts are emphasizing that building wealth is only one part of the equation.
Equally important is creating structures that ensure those assets remain protected, properly managed, and seamlessly transferred to succeeding generations in accordance with the asset owner’s wishes. Importantly, Estate Planning is not solely for the wealthy, it is a prudent step for anyone with assets, dependants, or a business to protect, regardless of age, profession, or net worth.
Speaking on the importance of Estate Planning, Ereifemi Akeredolu, Managing Director/CEO, First Trustees Limited, noted that Estate Planning should be considered a core pillar of every long-term financial strategy.
“Many people focus on creating wealth but give litle thought to preserving it. Estate Planning is a wealth protection strategy that helps individuals safeguard their assets, secure their family’s future, and ensure that the value they build today continues to benefit future generations.”
Using tools such as Trusts, Wills, and advanced succession plans, individuals can build structures that support wealth preservation, business continuity, asset protection, and intergenerational wealth transfer.
For entrepreneurs and business owners, Estate Planning serves as a powerful tool for ensuring business sustainability, helping organizations remain stable and operational regardless of unforeseen circumstances.
First Trustees continues to emphasize and educate on the importance of Estate Planning as a comprehensive strategy for proactive planning. It remains one of the most important financial decisions an individual can make: it provides clarity, minimizes uncertainty, and protects assets from unnecessary erosion and disputes. It also creates financial security for loved ones, supports business succession and continuity, and facilitates long-term investment and legacy planning.
General News
Nearpays, Nigerian Fintech Becomes First African Startup to Win UN’s AI for Good Innovation Factory

Nearpays, Nigerian fintech, has won the AI for Good Innovation Factory grand finale — the first African startup ever to take the global title in the competition, which runs as part of the United Nations’ AI for Good Global Summit.

The competition drew more than 500 startups worldwide, each pitching AI solutions aimed at social and economic challenges.
The summit itself is organised by the UN through the International Telecommunication Union (ITU) in partnership with several UN agencies, convening governments, researchers, startups, and technology companies around AI’s role in development.
Nearpays’ route to the title ran through Johannesburg, where it won the African regional competition, before advancing to the global finals in Geneva.
There, the company progressed through the semi-finals and claimed the grand finale — a first for the continent.
The company describes the win as bigger than a corporate milestone, calling it a victory for African innovation and proof that technology built to solve local problems can compete, and win, on the world stage.
Nearpays was founded to close a stubborn gap in African payments: small and medium-sized businesses that can’t afford or access traditional point-of-sale terminals.
Cost, availability, and deployment hurdles have kept many merchants — particularly in rural and underserved communities — locked out of digital payments.
Its answer is SoftPOS: an AI-powered platform that turns compatible Android smartphones into payment acceptance devices, letting merchants take contactless card payments with nothing more than their phones. AI is embedded across the platform, supporting payment processing, compliance, fraud detection, and business operations.
Crucially, the platform was built for African infrastructure realities — it works both online and offline, so merchants can keep accepting payments even without internet connectivity.
The company credited its team’s years of product development and customer engagement for the result, and thanked the UN, the ITU, and the AI for Good initiative for building a platform where innovators can apply AI to real-world problems.
It also said it hopes the win encourages more African founders to build technology that answers local needs while competing internationally.
For Nearpays, the title closes one chapter and opens another, as the company pushes on with expanding digital financial infrastructure across Afric
News3 days agoXora Finance, Fintech Firm Refuses to Hire Nigerians over Alleged Dishonesty
Telecom3 days agoNCC Advances Dig Once Policy, Engages Stakeholders on Cost-Based Framework for Duct Sharing
Telecom3 days agoNCC to Keynote Telecom Sector Sustainability Forum 7.0
General News3 days agoFG Secures Fresh $208.3m World Bank Loan for Cash Transfer
News3 days agoHow Ponzi Scheme Victims can Seek Legal Remedies — Lawyers
Telecom2 days agoMTN Nigeria Slashes Cost of Broadband Internet Router, Unwraps New Data Bundles for Low-Budget Users
News3 days agoPalmPay Nigeria Appoints Samuel Oluyemi as Chief Operating Officer
General News3 days agoSERAP Sues INEC over Alleged N800Bn 2027 Tinubu Campaign Fund













