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Digital Revolution! Tinubu Backs Massive Mastercard Plan To Train 5 Million Nigerian Businesses.
President Bola Ahmed Tinubu met with a Mastercard delegation led by Global CEO Michael Miebach at the State House on Tuesday, where he emphasized that Nigeria’s tech-savvy youth are the country’s most valuable asset and are ready to integrate into the global market.....KINDLY READ THE FULL STORY HERE▶
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Empowerment Initiative: President Tinubu expressed support for Mastercard’s proposal to equip five million Nigerian businesses with essential digital skills and tools.
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Economic Formalization: The President noted that the ongoing formalization of the informal business sector is creating a pathway for increased investment, employment, and digital transition.
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Support for Growth: President Tinubu highlighted that the Bank of Industry (BOI) holds a vital database of Micro, Small, and Medium Enterprises (MSMEs) and emphasized the need for effective payment platforms to include these businesses in the broader economy.
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Government Reforms: Minister of Finance Taiwo Oyedele reported that recent fiscal and tax reforms have triggered a surge in interest, with over 10,000 informal businesses applying for registration daily over the past few months.
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Fintech Potential: The Minister also pointed out that Nigeria is home to five of Africa’s nine fintech “unicorns,” noting significant opportunities for Mastercard to improve credit and payment systems, including consumer and student loans.
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Commitment to Nigeria: Michael Miebach, who helped establish Mastercard’s Nigerian operations in 2011, reaffirmed the company’s long-term commitment to the country. He noted that Mastercard currently facilitates a major portion of the economy, helping to prevent $200 million in fraud and bringing in $2 billion in foreign exchange.
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Action-Oriented Plans: Miebach outlined a three-year program focused on capacity building, cyber-resilience, and creating a “Cyber Centre of Excellence” to mitigate AI and emerging digital risks. He confirmed that the initiative to digitize 40 million small businesses is moving past the discussion phase into technical workshops and direct action.
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“Tension In Kwara: Disgruntled APC Aspirants Defy Governor, Take Grievances Directly To President Tinubu!”
Ten APC governorship aspirants in Kwara State have addressed an open letter to President Bola Tinubu, expressing strong opposition to the reported mobilization of traditional rulers to secure a presidential endorsement for the party’s governorship candidate, Speaker Yakubu Danladi-Salihu. The aspirants characterized the speaker’s emergence during the May 22, 2026, primary as highly controversial.....KINDLY READ THE FULL STORY HERE▶
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Protection of Traditional Institutions: While acknowledging the importance of monarchs as cultural custodians, the aspirants argued that traditional leaders should remain neutral and not be involved in partisan political maneuvers.
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Prioritizing Insecurity: The group questioned the urgency of mobilizing royal fathers for political endorsement when similar efforts have not been directed toward seeking federal support to address the security challenges affecting various Kwara communities.
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Call for Resolution: Other party voices, such as APC chieftain Prof. Abubakar Sulaiman, have weighed in on the internal crisis, urging Governor AbdulRahman AbdulRazaq to withdraw from the succession dispute as a potential solution to the ongoing unrest within the state party structure.
The aspirants behind the letter include prominent figures such as Dele Belgore (SAN), Saliu Mustapha, and Yahaya Oloriegbe, among others. Their intervention reflects an ongoing disagreement regarding the legitimacy of the recent primary outcome and the influence of the current administration on the selection process.
Following his landmark victory in Saturday’s gubernatorial election, Ekiti State Governor Biodun Oyebanji has officially received his Certificate of Return from the Independent National Electoral Commission (INEC). The presentation took place at the commission’s state headquarters in Ado-Ekiti, conducted by INEC Resident Electoral Commissioner (REC) Bunmi Omoseyindemi on behalf of INEC Chairman Prof. Joseph Amupitan.....KINDLY READ THE FULL STORY HERE▶
Event Highlights The ceremony was witnessed by an assembly of traditional rulers, party leaders, government officials, and the Governor’s supporters. During the proceedings:
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REC Omoseyindemi congratulated the Governor on his victory.
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He commended the residents of Ekiti for maintaining peace throughout the election.
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The REC emphasized that the smooth process highlighted the dedication of INEC and its partners to fostering democratic governance.
Governor Oyebanji’s Remarks Upon receiving his certificate, Governor Oyebanji celebrated the win as a shared victory for democracy and good governance. Highlighting the historic nature of his re-election, he noted that he is the first governor in the state’s history to secure consecutive electoral victories at the ballot box.
The Governor pledged to honor the trust placed in him by the electorate and extended his appreciation to President Bola Tinubu, APC members, security agencies, traditional and religious leaders, and various community groups for their roles in the successful and peaceful election. He further committed his administration to continuing policies focused on sustainable development and inclusive growth as he prepares to build on his first-term achievements.
The United States government has officially sanctioned several individuals and entities across West Africa, the Middle East, and Europe, accusing them of serving as financial facilitators for the Islamic State of Iraq and Syria (ISIS). This announcement, released on Monday, June 22, by U.S. Department of State spokesperson Thomas Pigott, targets three individuals and six entities involved in moving funds for the terrorist organization.....KINDLY READ THE FULL STORY HERE▶
Disrupting Financial Lifelines The move is part of a broader U.S. strategy to dismantle ISIS’s ability to fund regional affiliates and terrorist attacks globally. According to the U.S. statement:
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The designated network spans multiple countries, specifically identifying operations in France, Syria, Türkiye, and Nigeria.
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A France-based facilitator was targeted for providing information on explosives to ISIS supporters.
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A Syria-based operator was accused of using cryptocurrency to move funds for ISIS associates across various nations, including the United States.
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A Nigeria-based facilitator was designated for operating money exchange businesses that acted as conduits for financing ISIS activities.
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