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MTN Foundation: Investing in Youth Development to Bridge Employment

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Odunayo Sanya, Executive Secretary, MTN Foundation, says the Foundation is committed to youth development and building entrepreneurial skills, in order to bridge employment gaps in Nigeria. She stated this during a panel discussion at the 7th annual Project Management Institute (PMI) Africa conference held at Eko Hotels, Lagos.

The conference, which took place on Tuesday, September 13th, 2022, saw Odunayo join other experts such as Executive Director, Anzisha Prize, Josh Adler; Social Impact Manager, Project Management Institute (PMI), Laura Davidson; Principal Corporate Services & Communications, Mount Kenya University Foundation, Peter Wander and Secretary General of Committee of Vice- Chancellors, Nigeria, Professor Yakubu Ochei, to speak on the theme, “Education and Entrepreneurship-Building a Bridge to Employment”.

Speaking about MTN Foundation’s investment in education and entrepreneurship, Odunayo said: “For us at MTN Foundation, we understand that education is a path. We believe innovation is formal education agnostic. We understand that everyone may not go through the four walls of formal school. Young people think about the future, the gratification and the job they want to do. So, for us, this is critical. It became clear to us what we can do to make an impact. And that is youth development in Nigeria.

In terms of education, we have what we call the MTN Foundation scholarship scheme, focused mainly on STEM. We also have scholarships for blind Nigerians. These are scholarships of excellence and it is amazing what these youth can do. We also work with our ecosystem partners to train and retrain youth, in areas of entrepreneurship. We do what we call the ICT & entrepreneurship training. Over time, we have given about 12, 000 scholarships. At the Foundation, these are some ways we marry education and entrepreneurship in communities where we operate,” she concluded.

A 2021 report by the World Bank shows youth unemployment in Nigeria at 19.6%. These statistics show the unemployment rate in Nigeria is among the highest in Africa. A similar report by the International Labour Organisation (ILO) revealed that over one in five young people in Africa were not in employment, education, or training (NEET) in 2020, and the trend keeps deteriorating.

Speaking on the importance of this year’s theme, Managing Director, Sub-Saharan Africa, Project Management Institute (PMI), George Asamani said, “when we look at the journey of young people in Africa, there are certain challenges they come across. Education and entrepreneurship are two avenues they can make it.

“However, statistics show a wide disparity. So clearly, there is a gap between the students coming out of school and the jobs. But what we know is, there are lots of organisations working to address this, and that is why we are here.”

The PMI Africa conference is an annual conference where visionary project leaders, captains of industry, and senior government officials come together to scrutinise the trends and technologies transforming how public and private sector projects are delivered.

The highly anticipated gathering brings leaders and businesses from across the continent under one roof for three days of discussion, knowledge sharing and retention of valuable skills.

Now in its seventh year, the 2022 edition is themed “Sustainable Growth for Social Good: Connecting Ideas, People and Projects”. This year’s conference looks at strengthening the role of the project economy in supporting sustainable and inclusive growth in the region.

 

L-R: Managing Director, Sub-Saharan Africa, Project Management Institute (PMI), George Asamani; Executive Director, Anzisha Prize, Josh Adler; Executive Secretary, MTN Foundation, Odunayo Sanya; Social Impact Manager, Project Management Institute (PMI), Laura Davidson; Principal-Corporate-Services & Communications, Partnerships and Collaborations, Mount Kenya University Foundation, Peter Wander and Secretary General of Committee of Vice- Chancellors, Nigeria, Professor Yakubu Ochei at the 7th annual Project Management Institute (PMI) Africa Conference held on Tuesday, September 13, 2022, in Eko Hotels, Lagos.


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Why Nigeria Must Embrace .ng Now – NiRA Reveals Five Critical Steps

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Nigeria Internet Registration Association (NiRA) has outlined five strategic pathways to accelerate the adoption of the .ng domain and position it as a critical driver of Nigeria’s digital economy.

Why Nigeria Must Embrace .ng Now - NiRA Reveals Five Critical Steps

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Oluwaseyi Onasanya, Chief Operating Officer of NiRA, presented the framework at a Media Advocacy and Capacity Building Workshop held on April 16.

Onasanya described the .ng domain as a key component of Nigeria’s digital sovereignty, noting that the country has about 65 per cent internet penetration and over 35.6 million Micro, Small and Medium Enterprises (MSMEs) contributing nearly 48 per cent to the Gross Domestic Product (GDP).

She said the first pathway involves mandating the use of .ng domains across all Ministries, Departments and Agencies (MDAs), as well as subnational entities, government vendors and tax remitters.

According to her, this would ensure that all official digital communications with government institutions are conducted through .ng platforms, while also linking domain usage to Corporate Affairs Commission (CAC) registration and procurement processes.

The second strategy focuses on a nationwide awareness campaign tagged “Own Your .ng, Own Your Future,” aimed at promoting the domain as a symbol of national identity, trust and economic value.

Onasanya said the third pathway calls for leadership from the private sector, urging banks, telecommunications companies, startups and SMEs to adopt .ng domains and integrate them into onboarding processes.

She added that the fourth strategy seeks to position .ng as a secure and regulated alternative to foreign domains, enhancing consumer confidence, improving local search visibility and strengthening jurisdictional control.

The fifth pathway centres on expanding the digital ecosystem by strengthening registrar networks, simplifying user experience and integrating .ng domains into internet service providers, digital platforms and national performance metrics.

Onasanya warned that Nigeria’s domain adoption rate remains low compared to global peers, noting that the country has approximately one domain per 855 citizens, far behind countries like Germany, the United Kingdom and China.

She cautioned that low adoption could lead to capital flight, as businesses continue to rely on foreign domain platforms in an increasingly digital global economy.

She also called on the media to drive awareness, shape public perception and promote adoption by highlighting the economic value of .ng domains across sectors.

“Without media, .ng stays technical. With media, it becomes economic,” he said.

NiRA said that over 240,000 .ng domains have been registered so far, with projections indicating continued growth as Nigeria targets a $1 trillion economy by 2030.


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Tech Shake-Up: Snap Cuts Hundreds as AI Drives Efficiency Push

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Snap Inc., the parent company of Snapchat, has announced the layoff of about 1,000 employees as part of efforts to improve efficiency through artificial intelligence.

Snap Cuts 1,000 Jobs, Cites AI-Driven Efficiency Push

Evan Spiegel, chief executive officer, disclosed this in a memo on Wednesday, noting that the cuts represent about 16 per cent of the company’s full-time workforce and include the elimination of more than 300 unfilled roles.

Spiegel said advancements in artificial intelligence were enabling teams to reduce repetitive tasks, increase productivity and accelerate project execution.

“We believe that rapid advancements in artificial intelligence enable our teams to reduce repetitive work, increase velocity and better support our community, partners and advertisers,” he said.

He added that smaller teams using AI tools had already delivered meaningful progress across key initiatives.

The California-based firm said the restructuring would help cut over $500 million in annual costs by the second half of the year, providing a clearer path to profitability.

Spiegel described the decision as difficult, expressing regret over the impact on affected employees.

“This is an incredibly difficult decision, and I am deeply sorry to the colleagues who will be leaving us,” he said.

Snap joins a growing number of technology companies downsizing their workforce while citing productivity gains from artificial intelligence.

The company has undergone multiple rounds of layoffs in recent years amid stiff competition from rivals such as Instagram, TikTok and YouTube.

Meanwhile, activist investor Irenic Capital Management recently disclosed a 2.5 per cent stake in Snap, calling for cost-cutting measures, including a review of its Spectacles smart glasses unit.

Shares of Snap rose by more than 7.5 per cent following the announcement, although the stock remains down compared to earlier in the year.

Data from Layoffs.fyi shows that more than 72,000 employees have been laid off by nearly 90 tech companies globally so far in 2026.


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NBC Warns Broadcasters Against Bullying Guests, Passing Opinions as Facts

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National Broadcasting Commission (NBC) has cautioned broadcast presenters against bullying guests during live interviews or presenting personal opinions as facts, warning that such actions will attract sanctions.

NBC Warns Broadcasters Against Bullying Guests, Passing Opinions as Facts

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In a statement issued on Friday, the commission said it had observed a rise in violations of the sixth edition of the Nigeria Broadcasting Code across news, current affairs and political programmes.

“Broadcast platforms are increasingly being deployed in ways that depart from their core obligation to inform the public with accuracy, balance and professionalism,” the NBC said.

The commission noted that some anchors and presenters were deviating from professional standards by denying fair hearing to opposing views and compromising neutrality during broadcasts.

It stressed that such conduct violates provisions of the broadcasting code, which require impartiality and fair representation of all sides on issues of public interest.

“Henceforth, any anchor or presenter found to have expressed personal opinion as fact, bullied or intimidated a guest, denied fair hearing to opposing views, or otherwise compromised neutrality, shall be deemed to have committed a Class B breach,” the statement added.

The NBC also raised concerns over the growing use of broadcast platforms by political actors to promote divisive, inflammatory and unverified content.

It emphasised that broadcasters bear full editorial responsibility for all material aired, including live programmes, and cannot transfer that responsibility to guests.

The commission reiterated its commitment to enforcing strict compliance with the broadcasting code, warning that violations involving hate speech, incitement and imbalance would attract appropriate sanctions.


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