Thursday, November 15, 2018

Video - Nigeria seeks extradition of former Oil Minister



Nigeria's Anti-graft agency, the EFCC says it is starting a process to extradite former Petroleum minister Diezani Alison Madueke from the UK. Madueke is accused of money laundering and stealing huge sums of petroleum money while in office.

2019 Forbes Under 30 list includes eight Nigerians

Eight Nigerians have been listed, among other global influencers, in the 2019 Forbes 30 under 30 list.

News Agency of Nigeria (NAN) reports that Forbes 30 under 30 is a set of lists issued annually by Forbes magazine and some of its regional editions to recognise business and industry figures.

This year, the list featured 300 trailblazers from 20 industries with average age of 26.8.

Over 55 per cent of them are founders or co-founders.

Also, 19 per cent of them include immigrants from 57 countries, and 38 of them identify as first generation Americans.

Nigerians who made the list include Taofeek Abijako, Kayode Ojo, Obi Omile Jr, Adegoke Olubusi, Tito Ovia, Dimeji Sofowora, Olaoluwa Osuntokun and Emmanuel Acho.

Taofeek Abijako is a 20-year-old designer who started his men's streetwear brand when he was a high school teenager.

Kayode Ojo is a 28-year-old photographer who has had solo shows in Paris, Berlin, New York and Dallas.

Communication expert, Obi Omile Jr. is the co-founder of the Cut, a technology platform that allows users and barbers to schedule and manage appointments.

Meanwhile, Adegoke Olubusi, 25, Tito Ovia, 25, and Dimeji Sofowora, 26 are founders of Helium Health a platform used by 5,000 doctors, with data from 500,000 patients across West Africa.

Olaoluwa Osuntokun, 25, is the co-founder of Lighting Labs which has raised $2.5 million to turn bitcoin into a more viable form of payment by making smaller transactions more cost-effective.

Also, Emmanuel Acho, 28, serves as the youngest national football analyst for ESPN and runs a charity that has built a hospital in Nigeria.

NAN reports that the list also features Ghanaian, Shadrack Frimpong, who founded Cocoa360, a 'farm-for-impact' model that uses revenues from community cocoa farms to fund educational and healthcare services.

International musicians Post Malone, 23, 21 Savage, 26, photographer Tyler Mitchell, 23 who photographed Beyonce for her Vogue September 2018 cover, and actor Storm Reid, 15 made the list.

NAN also reports that the 2019 class have raised over one billion dollars in funding and work an average of 67 hours per week.

Seventy-seven per cent of honorees consider being under the age of 30 an advantage in their career, 89 per cent are optimistic about the U.S. economy for startups,

Thirty-one per cent decided what they wanted to do for a career during university, 22 per cent decided as a child, and 10 per cent are still deciding.

Wednesday, November 14, 2018

Video - Nigerian workers set to benefit from minimum wage increase



The lowest-paid Nigerian worker could benefit from a 66 percent pay rise should lawmakers approve the controversial tripartite committee report on the minimum wage. CGTN's Kelechi Emekalam takes a look at what a higher salary means to a minimum-wage earner, as well as the overall impact of the policy on the economy.

Tuesday, November 13, 2018

Video - China offers Nigeria's internally displaced persons relief items



The Chinese Government has donated relief items worth sixteen thousand dollars to internally displaced persons in Jos, Plateau State, North Central Nigeria. The Chinese Embassy, in collaboration with the Civil-Military Relief Initiative and the Nigeria Army, is providing the items worth sixteen thousand dollars to an IDP camp in Plateau. Violent conflicts between nomadic herders and farmers in North Central Nigeria has displaced about forty thousand people between June and October. Most of the displaced persons are living in deplorable conditions drawing the attention of the Chinese embassy in Nigeria.

Monday, November 12, 2018

President Buhari declares state of emergency in water sector



In Nigeria, President Muhammadu Buhari has declared the country's water supply crisis a state of emergency. He made the declaration at the launch of an action plan to revitalize water supplies, sanitation and hygiene.