General News
Stamp Duty, Nigeria’s New Goldmine — NIPOST

The implementation of the stamp duty policy would become a huge revenue base for the country, according to Nigerian Postal Service (NIPOST), NAN reported Tuesday.
On January 19, the Federal Government announced that a stamp duty of N50 would be imposed on bank customers for money received into their accounts via electronic transfers, cash and cheque.
The CBN explained that the policy was part of efforts by the Federal Government to boost its revenue base in the non-oil sector.
Mrs Valerie Ekeogu, corporate affairs manager of the Lagos Island Territory of NIPOST told NAN in Lagos that the stamp duty would give government extra income to build infrastructure.
Ekeogu said that income generated from the stamp duty policy would help in the effort to re-position NIPOST.
“The funds will stabilise NIPOST as an organisation that is over 100 years and has, hitherto, not been well funded. The stamp duty fund will resuscitate NIPOST and reposition it in boosting the economy of the country,” she said.
The manager said the injection of whatever percentage the government would give to NIPOST would go a long way to revitalizing and propelling the company to greater heights.
She added that the fund would also re-awaken NIPOST to serve its customers better.
According to the manager, the fund will give succour to the more than 10,000 people working in NIPOST and motivate them to work harder.
She noted that offering stamp services was the sole responsibility of the NIPOST, adding that the NIPOST had been discharging the function for many years.
Ekeogu urged Nigerians to support the policy, stressing that the benefits of the policy to the public and government could not be over-emphasised.
General News
Lagos Launches Centralised Mental Health Providers Directory

Lagos State Government has unveiled the Lagos Community of Mental Health Providers (LCP) Directory, a pioneering digital registry that centralises verified information on all mental health practitioners and organisations across the state.

The launch, which took place at the Ministry of Health, Alausa-Ikeja, marks a significant advancement in the state’s efforts to enhance access to mental health services, reduce stigma, and foster collaboration among providers in Nigeria’s most populous city.
Dr Tolu Ajomale, head, Special Projects and Mental Health, Lagos State Ministry of Health, said the directory marks a “historic and system-shaping milestone” in Lagos State’s commitment to improving access, reducing stigma, and strengthening coordination within its fast-expanding mental-health ecosystem.
He emphasised that, despite Lagos being home to Nigeria’s largest concentration of mental-health practitioners, the absence of a unified, verified information hub has long hindered access and timely help-seeking.
Dr Ajomale explained that the new directory directly addresses these gaps by providing a single, trusted, real-time platform where residents, families, health workers, development partners, and policymakers can identify credible mental-health providers, their locations, areas of expertise, and accessibility.
“This platform replaces confusion with clarity, isolation with collaboration, and misinformation with accountability,” he noted.
The directory, he added, aligns with the Lagos State Mental Health Law (2018), the THEMES+ Agenda, and the Ministry’s broader public health and primary healthcare strengthening strategies.
He described it as a major step toward consolidating the State’s leadership in mental-health reform and ensuring that every Lagosian can find help safely, reliably, and promptly.
According to Dr. Ajomale, the LCP Directory captures both clinical and non-clinical actors, including psychiatrists, psychologists, psychiatric nurses, social workers, therapists, NGOs, digital health innovators, research institutions, community groups, support networks, and diaspora providers offering virtual services.
This inclusive scope, he said, reflects the State’s commitment to recognising all contributors to mental wellbeing.
He listed improved access to credible resources, enhanced visibility for providers, strengthened referral systems, and support for research, planning, and policy implementation among the platform’s core benefits.
According to him, the directory also establishes a more coordinated environment for partnership, innovation, and mental-health system development.
Dr Ajomale announced that registration is officially open via www.lagosmind.org/providers and www.bit.ly/ileraokan, urging all practitioners and organisations to join the verified network.
He stressed that registration is completely free and subject to a multi-step verification process to ensure safety, accuracy, and compliance with the Nigeria Data Protection Act.
He further revealed that providers and organisations stand to gain significantly from increased visibility, stronger referral pathways, access to collaboration opportunities, and recognition as part of Lagos State’s official mental-health ecosystem. Periodic updates, training opportunities, and research engagements will also be extended to registered members.
Highlighting the public-health rationale, Dr. Ajomale noted that Lagos, because of its dense population and urban pressures, carries a disproportionate share of Nigeria’s mental-health burden.
Yet, residents often rely on unverified sources, guesswork, or social media for help, putting them at risk of unsafe or inappropriate service referral.
He emphasised that the new directory will help Lagosians navigate crises, locate services based on LGA, cost, specialty, language, or accessibility, and reduce misinformation. “For the first time, Lagosians will have a central, reliable gateway to mental-health care,” he said.
The directory will also support government planning by enabling real-time mapping of workforce distribution, service availability, and emerging gaps in the system.
Dr. Ajomale said the data-driven approach will further strengthen emergency preparedness and mental-health integration into primary healthcare.
General News
Paystack Suspends CTO Ezra Olubi Over Alleged Misconduct, Launches Investigation

Nigerian payments company, Paystack, has suspended its Co-founder and Chief Technology Officer, Ezra Olubi, following allegations of sexual misconduct involving a subordinate.

The company, in a statement issued on Wednesday night, said the suspension was effective immediately and that a formal investigation had commenced.
“Paystack is aware of the allegations involving our co-founder, Ezra Olubi. We take matters of this nature extremely seriously. Effective immediately, Ezra has been suspended from all duties and responsibilities pending the outcome of a formal investigation,” the statement read.
The development followed widespread circulation of the allegation on social media on Nov. 12, alongside resurfaced tweets from Olubi’s account dating back to 2009–2013.
The tweets, which contained sexually explicit remarks about colleagues, minors, and anime characters, triggered public outrage and calls for accountability.
Olubi has not issued a public response and deactivated his X (formerly Twitter) account shortly after the controversy escalated.
Paystack said it would refrain from further comment until the investigation is concluded, citing respect for those involved and the need to preserve the integrity of the review process.
The incident comes amid growing scrutiny of misconduct in Africa’s tech sector. In October, a Kenyan court fined Oscar Limoke, CEO of Pawa IT Solutions, for sexual harassment and assault in a case that led to a staff resignation.
Founded in 2015, Paystack is one of Africa’s most prominent startups, known for its landmark $200 million acquisition by Stripe in 2020. The company’s reputation and global ties have drawn significant attention to the ongoing investigation.
Paystack reaffirmed its commitment to maintaining a safe and respectful workplace, stating that the review would follow a transparent process aligned with its internal policies and values.
Stripe, Paystack’s parent company, has yet to respond to requests for comment.
General News
SiBAN Partners Vontech to Strengthen Nigeria’s Blockchain Ecosystem with $100,000 AWS Cloud Support for Startups

The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) is proud to announce a strategic partnership with Vontech, an AWS Advanced Consulting Partner, to advance blockchain innovation and capacity building across Nigeria’s digital economy.

Through this collaboration, blockchain startups and developers in Nigeria will gain access to $100,000 in AWS Cloud credits, empowering them to build, scale, and optimize solutions that leverage cloud infrastructure and artificial intelligence.
This partnership represents a significant milestone in SiBAN’s mission to create an enabling environment for blockchain adoption, regulatory engagement, and sustainable innovation within the country. By connecting local builders with global technology resources, SiBAN continues to champion a future where Nigerian blockchain projects can compete and collaborate on a global scale.
“At SiBAN, our vision is to make Nigeria one of the safest and most vibrant blockchain ecosystems in the world. This partnership with AWS and Vontech reflects our commitment to equipping our members and startups with the technical foundation needed to innovate confidently and grow sustainably,” Obinna Iwuno
SiBAN invites blockchain founders, startups, and ecosystem enablers to join its growing network of innovators, regulators, and investors working together to strengthen Nigeria’s digital asset and Web3 landscape.
By becoming a SiBAN member, you gain access to training programs, international partnerships, policy advocacy, and exclusive opportunities like this AWS initiative designed to drive real impact across the blockchain sector.
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