News
SON Reaffirms Commitment to MSME Development

The Standards Organisation of Nigeria (SON) has reaffirmed its commitment to supporting Micro Small and Medium Enterprises (MSMEs) in the country, noting that the MSME sector plays a significant role in job opportunities for the nation’s teeming unemployed youths.

Farouk Salim, the Director General, SON, noted that SON would continue to encourage, build and guide local producers of goods and services on quality assurance and quality control.
Salim gave the assertion during a presentation of the MSMEs Clinics Award in Abuja recently.
He commended the Vice President, Prof. Yemi Osinbanjo for the initiative of the MSMEs Clinics, an initiative to strengthen the MSMEs in the country through government agency’s interventions and also the award for best MSMEs, stating that it is a good reward and recognition system for our teeming small scale manufacturers’ growth.
He recalled that at the Award ceremony earlier in the year, he was personally elated seeing Zainab Ismaila the Managing Director ZIA Spices receiving her award and prize money especially from that part of the country, positioning her as an industrious woman who has done well to achieve the award.
Salim further encouraged her as an employer of labour, to see herself as a role model to other women by sharing her experiences with the female folk in the North East and Nigeria as a whole.
The SON boss also revealed that SON is currently building capacity for Halal standards, stating that products tested, measured and certified with Halal Standards by SON, will help scale up products for export to countries recognising the standards, and help to improve the Nigerian Economy immensely.
In her response, the MD of ZIA Spices, Mrs. Zainab Ismail expressed gratitude to SON and Gombe State Office for their support and guidance on standards, quality assurance and good manufacturing practices, encouragement, that helped her to become a winner amongst other entrepreneurs.
Zainab also thanked SON for the donation of a 10 KVA generator, as it will go a long way in solving power problems in her small scale productions, promising to continue to adhere to standards and being an ambassador of SON.
Adamu Abba Bauchi, the Regional Coordinator North East in his remarks commended the DG for his support to the regional office, he also extolled the Gombe State Coordinator for the support given to the MSMEs in the state especially the award winner, ZIA Spices.
The State Coordinator, James Yakzum stated that out of many entrepreneurs, approached by the office, ZIA spices followed all the procedures given by SON on quality assurance and quality control, hence their achievement of the MSMEs Clinic Award.
The Ag. Director Operations Mr. Yakubu Dauda applauded the award winner for her tenacity in complying to Standards that has bought her this worthy reward encouraging her to keep it up also stating that Operations Department will continue to support State offices towards enhancing local productions.
Mrs. Phebean Arumemi, the Head SMEs desk, in her remarks stated that SON sits as the Secretary of the MSMEs Clinic Award committee and its activities are very stringent and transparent, she therefore praised ZIA Spices for scaling through to be a winner.
Arumemi disclosed further the activities of SON towards SMEs, stating that the SME’s desk is available to attend to the challenges experienced by local manufacturers through the State offices nationwide.
News
NITDA Strengthens Collaboration with NIPSS to Drive Digital Innovation, Orange Economy Growth

The National Information Technology Development Agency (NITDA) has reinforced its commitment to advancing Nigeria’s digital transformation agenda through strengthened collaboration with key strategic institutions, as it hosted the Director General of the National Institute for Policy and Strategic Studies (NIPSS), Professor Ayo Omotayo, alongside participants of the Senior Executive Course (SEC) 48, 2026.

The visit, which builds on an earlier strategic study tour, provided a platform for in-depth engagement on the role of digital innovation in driving sustainable economic growth, with particular focus on the Orange Economy.
Representing the Director General of NITDA, Kashifu Inuwa CCIE, the Director of Stakeholder Management and Partnerships, Dr Aristotle Onumo, highlighted the Agency’s commitment to fostering a vibrant digital ecosystem through inclusive policies, strategic partnerships, and capacity development initiatives.
“NITDA is committed to creating an enabling environment where innovation can thrive by bringing together government, private sector, academia, and creatives to drive Nigeria’s digital economy,” he stated.
Inuwa underscored the growing importance of the Orange Economy, describing it as a critical driver of innovation and economic value through intellectual property. He identified sectors such as digital content creation, film, animation, and digital art as key contributors to national development.
“The Orange Economy represents a powerful opportunity to transform our rich cultural heritage and creativity into sustainable economic growth,” he noted.
He further highlighted Nigeria’s unique advantage, particularly its youthful and creative population, while calling for stronger collaboration among stakeholders to fully harness the sector’s potential.
“With our youthful population and rich cultural assets, Nigeria is well-positioned to become a global leader in the Orange Economy if we deepen collaboration and investment across the ecosystem,” he added.
During the engagement, NITDA also presented its strategic initiatives aimed at supporting the digital and creative sectors, including digital infrastructure development, promotion of digital literacy, and implementation of policies that enable startups and innovators to scale.
Addressing challenges facing the sector, Inuwa pointed to issues such as limited access to funding, infrastructure gaps, weak intellectual property protection, and ecosystem fragmentation, while emphasising the need for coordinated action.
“Addressing challenges such as funding gaps, infrastructure deficits, and intellectual property protection is critical to unlocking the full potential of Nigeria’s creative economy,” he said.
The Agency reiterated its target of achieving 70 per cent digital literacy by 2027, noting that ongoing programmes are equipping millions of Nigerians with essential digital skills, including those in underserved and informal sectors.
In his remark, Professor Omotayo described the visit as an important opportunity to deepen understanding of how digital technologies are reshaping economic sectors, particularly the creative industry. He noted that the insights gathered would contribute significantly to policy recommendations aimed at strengthening Nigeria’s economic framework.
Participants of the SEC 48 programme engaged actively during the session, raising questions on capacity development, access to tools, and frameworks for protecting digital content. NITDA highlighted its ongoing collaborations with industry stakeholders to provide training, innovation hubs, and access to digital tools for young Nigerians.
The engagement concluded with a renewed commitment from both NITDA and NIPSS to strengthen collaboration in research, policy development, and capacity building, aimed at positioning Nigeria as a globally competitive force in the digital and creative economy.
News
NRS Takes Over Mineral Royalties Collection Under New Tax Laws

Nigeria Revenue Service (NRS) has assumed responsibility for collecting mineral royalties from mining operators nationwide, following new tax laws effective January 1, 2026.

NRS
The shift emerged from a Thursday meeting between Solid Minerals Development Minister Dele Alake and NRS Chairman Dr. Zacch Adedeji. Their joint statement, endorsed by both, confirms NRS now administers all federally collectible revenues, including royalties.
Enacted by President Bola Tinubu on June 26, 2025, the Nigeria Tax Laws 2025 empower this transition. The Ministry of Solid Minerals Development remains a key partner, supplying pricing data, geological insights, and sector coordination.
NRS Special Adviser Dare Adekanmbi’s statement outlines collaborative steps: a nationwide sensitization program for operators on filing and payments; development of a digital royalty system; and regular joint technical sessions to address issues.
Both agencies pledge orderly, transparent implementation to boost the mining sector. Operators must comply with obligations and join upcoming programs.
The move aims to streamline revenue collection while fostering mining growth.
News
Microsoft Revamps Copilot in Workplace AI Push

Microsoft has rolled out a new set of features for its Microsoft 365 Copilot platform, including tools for complex, multi-step work and deeper research tasks, as competition in workplace artificial intelligence (AI) intensifies.

The update introduces Copilot Cowork, a capability aimed at handling long-running tasks across Microsoft 365 applications.
The feature is being made available through the company’s Frontier programme, which typically gives early access to experimental tools.
Microsoft is also integrating technology linked to Claude – an AI model developed by Anthropic –into Copilot, signalling a broader shift toward using multiple AI systems within a single product rather than relying on a single model.
Jared Spataro, chief marketing officer for AI at Work at Microsoft, says the company is positioning Copilot as a system embedded directly into workplace software, rather than a standalone tool.
“Microsoft 365 Copilot is your AI for work,” he says, adding that it draws on multiple AI models and is integrated into existing workflows.
Alongside this, Microsoft has upgraded its Researcher feature, which is designed to analyse information from multiple sources and generate structured reports.
A new “Critique” function separates the drafting and review process between different AI models – one generates an initial response, while another evaluates and refines it.
The company says this approach improves output quality, with Researcher showing gains on its internal benchmark for accuracy, completeness and objectivity.
Another addition, called Model Council, allows users to compare outputs from different AI models side-by-side, highlighting differences in responses and reasoning.
The updates form part of what Microsoft calls “Wave 3” of Copilot, as it pushes to embed generative AI deeper into enterprise software. The move reflects a wider industry trend towards combining models from multiple providers, including OpenAI and Anthropic, to improve performance and reliability.
E-Financial3 days agoUBA Beefs Up Mobile App Security to Stop Fraudulent Debits, Withdrawals
Telecom3 days agoBharti Airtel Crosses 650m Users
E-Financial3 days agoGhana Makes History as First African Country to Integrate Payment National Identity Card
E-Financial3 days agoCBN Plans New Payment Systems Vision
General News3 days agoFG Orders Installation of 5000 CCTV Cameras for Surveillance in Plateau
E-Financial2 days agoCBN, Banks, Fintechs Launch PSPC to Boost Nigeria’s Payment System
News2 days agoNITDA Strengthens Collaboration with NIPSS to Drive Digital Innovation, Orange Economy Growth
E-Financial3 days agoFlutterwave Secures Nigerian Banking License, Boosts Financial Autonomy















