The defendant who resides at Kishi Town in Ibadan, was charged on two-counts bordering on fraud and stealing, to which he pleaded not guilty.
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Aare Ona Kakanfo of Yorubaland, Iba Gani Adams, has made a passionate appeal to state and local governments, as well as traditional rulers across Southwest Nigeria, to support the revival and sustenance of cultural festivals. He made the call while emphasising the dual spiritual and economic benefits of cultural festivals at the 2026 edition of […]
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Workers in the West African Examinations Council (WAEC) in Nigeria have begun a three- day nationwide protest showing their grievances over unresolved welfare issues and alleged unfair labour policies. The protest, organised by the Non-Academic Staff Union of Educational and Associated Institutions (NASU), commenced at the WAEC national office in Yaba, Lagos, as early as […]
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Donald Trump arrived in Beijing on Wednesday ahead of a closely watched summit with Xi Jinping, as both leaders prepare for talks expected to focus on Iran, trade relations and Taiwan.
Although formal discussions are scheduled to begin on Thursday, Trump was welcomed with elaborate state ceremony on arrival at Beijing Capital International Airport, where a military honour guard, musical performances and cheering crowds of young people received the American President.
Among Chinese officials present to receive Trump were Vice President Han Zheng, Chinese Ambassador Xie Feng and other senior government representatives.
Before departing Washington on Tuesday, Trump sought to downplay reports of tension with Xi over the Iran crisis, expressing confidence that the visit would produce positive outcomes.
The US President also spoke optimistically about ties between the two countries, describing the United States and China as “the two superpowers” and suggesting continued cooperation between both nations.
The summit is expected to address several major geopolitical and economic issues, including the escalating situation in Iran, bilateral trade negotiations and Washington’s planned arms sales to Taiwan, a move strongly opposed by Beijing.
Trump indicated that economic discussions would play a central role during the visit, including conversations surrounding an $11 billion U.S. arms package for Taiwan, reportedly the largest approved by Washington.
Ahead of the meeting, Chinese authorities reiterated that Taiwan remains a highly sensitive issue in relations between both countries, warning against any external interference in the island’s defence affairs.
The visit comes at a politically sensitive period for Trump, whose domestic approval ratings have reportedly faced pressure amid concerns over inflation and rising tensions linked to the Iran conflict.
Despite those challenges, the US President is expected to push for agreements that could increase Chinese purchases of American products such as soybeans, beef and aircraft as part of efforts to expand U.S. exports.
Discussions are also expected to cover broader trade and economic matters, including proposals for a joint US-China trade board aimed at resolving disputes that emerged during last year’s trade tensions between the two countries.
In addition, Trump is expected to raise the possibility of a trilateral nuclear arms agreement involving the United States, China and Russia, with the aim of placing limits on nuclear stockpiles across the three major powers.
Trump arrives in Beijing for high-stakes summit with Xi Jinping
The Director-General of the Securities and Exchange Commission, Emomotimi Agama, has said the Commission is targeting about 20 million retail investors through deeper integration between fintech platforms and the banking system as part of efforts to expand participation in Nigeria’s capital market.
Agama disclosed this at the FSDH Investor Conference 2026 held in Lagos, where he outlined the Commission’s strategy to position data, artificial intelligence and technology-driven regulation at the centre of investment decision-making in Nigeria’s financial markets.
According to him, the future of investing will increasingly depend on the quality of intelligence and data available to investors rather than the volume of capital under their control, as global financial markets move into what he described as the era of “intelligent investing.”
He said advances in artificial intelligence, real-time analytics, distributed ledger technology and algorithmic systems are already reshaping how investments are priced, allocated and protected across global markets.
“We are at the threshold of what scholars and practitioners are calling the era of intelligent investing , a paradigm in which data does not merely inform decisions, but actively participates in them,” Agama said.
The SEC DG noted that the Commission had embarked on what he described as one of the most extensive regulatory reform programmes in its history to ensure Nigeria remains competitive in the rapidly evolving global investment landscape.
He explained that the reforms are designed to create a forward-looking capital market structure capable of supporting intelligent investing through faster settlement systems, tokenised securities, digital assets regulation and deeper derivatives markets.
According to him, the Commission’s seven-pillar capital market infrastructure strategy includes plans to achieve T+1 settlement cycles, strengthen digital asset oversight and establish a comprehensive regulatory framework for tokenised securities.
Agama also revealed that the SEC is developing governance standards for artificial intelligence applications within the capital market to ensure transparency, accountability and investor protection.
“We are developing AI governance frameworks for capital market participants — frameworks that demand explainability, accountability and algorithmic fairness. An investor in Nigeria deserves to know not only what decisions were made on their behalf, but how those decisions were reached,” he said.
He stressed that intelligent investing must not be limited to institutional investors and high-net-worth individuals, adding that technology-driven investment solutions have the potential to democratise wealth creation opportunities for artisans, small businesses and low-income earners previously excluded from formal financial systems.
The SEC boss said the Commission’s fintech-bank integration strategy would significantly broaden retail participation in the capital market and deepen financial inclusion across the country.
Agama further emphasised the need for stronger collaboration among regulators, financial institutions, fintech companies and investors in building a resilient and technology-driven investment ecosystem.
He said Nigeria’s adoption of intelligent investing frameworks and digital finance reforms would improve market transparency, strengthen investor confidence and position the country as a leading investment destination in Africa.
The SEC DG added that the Commission was intensifying investor protection measures through enhanced enforcement mechanisms, financial literacy initiatives and the establishment of a dedicated Investor Protection Department.
“Confidence is the ultimate asset in a capital market. Every disclosure we enforce, every fraud we prosecute, every investor we educate adds to the stock of market confidence,” he said.
Agama also noted that Nigeria’s growing participation in African capital market integration initiatives and digital finance programmes would help mobilise long-term investments into infrastructure, gender finance and other critical sectors of the economy.
He commended FSDH Merchant Bank for providing a platform for stakeholders to discuss the future of intelligent investing, noting that collaboration and data-sharing would remain critical to building globally competitive financial markets in Nigeria.
SEC Targets 20 Million Retail Investors Through Fintech Integration is first published on The Whistler Newspaper
After Trump’s first night in Beijing, he will meet with Chinese leader Xi Jinping to discuss a range of thorny issues, including tech, trade, and Taiwan.
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The Kano State Hisbah Board has arraigned two women and a man before a court over alleged involvement in immoral conduct at the Sheikh Muhammad Nasiru Kabara Housing Estate, popularly known as Bandirawo Housing Estate, along Daura Road in Kano. The suspects were reportedly arrested during an operation led by CSH Hafizu Garba Adakawa. One […]
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The World Bank Group and the Global Energy Alliance for People and Planet have launched a new partnership aimed at ensuring electricity access across Africa translates into jobs, higher incomes and broader economic growth, as development institutions intensify efforts to tackle energy poverty on the continent.
The partnership, unveiled on Wednesday in Nairobi, will establish a regional Centre of Excellence focused on promoting the productive use of energy across African economies.
The initiative seeks to help governments integrate electricity access into agriculture, small businesses and other productive sectors capable of generating employment and stimulating local economies.
According to the World Bank, expanding electricity access alone will not deliver sustainable economic transformation unless energy is effectively linked to productive activities that increase incomes and improve livelihoods.
Lead Energy Specialist at the World Bank Group, Dana Rysankova, said the initiative would strengthen the implementation of Mission 300, a continent-wide electrification programme targeting electricity access for 300 million additional Africans by 2030.
“This new Centre of Excellence will help countries unlock the full economic potential of electrification by promoting productive uses of energy that create jobs, improve livelihoods and strengthen local economies,” she said.
Mission 300 is jointly led by the World Bank Group and the African Development Bank Group, with support from The Rockefeller Foundation, Sustainable Energy for All and the Global Energy Alliance.
The programme has already connected more than 45 million people to electricity since July 2023.
Despite progress recorded in expanding access to electricity across Africa over the past decade, hundreds of millions of people on the continent still remain without power, particularly in rural and underserved communities.
Development experts say one of the major challenges facing electrification projects is low energy consumption after connections are made.
In many communities, electricity use remains limited to household lighting and mobile phone charging, weakening the financial sustainability of power projects and discouraging large-scale investments.
The new Centre of Excellence is expected to address these challenges by helping governments and development partners incorporate productive energy use into national electrification strategies while improving coordination between public and private sector stakeholders.
Managing Director of Powering Opportunity at the Global Energy Alliance, Makena Ireri, said electricity access must become a catalyst for economic opportunity across Africa.
“When farmers are able to process and store their produce, and small businesses can power machinery and expand operations, energy access becomes a driver of income growth and employment,” she said.
Under the partnership, participating countries will receive technical assistance, policy support, market development initiatives and access to knowledge-sharing platforms designed to accelerate productive energy use.
The initiative will also support implementation of Mission 300 National Energy Compacts and Compact Delivery and Monitoring Units across participating countries.
Officials said the programme would prioritise support for smallholder farmers, micro, small and medium-sized enterprises, and underserved communities in more than 20 African countries.
The Centre is expected to develop practical tools, improve investment coordination, strengthen financing pipelines and support local businesses through improved access to capital and market opportunities.
World Bank Pushes Job-Centred Electrification Drive In Africa is first published on The Whistler Newspaper
Google has unveiled Googlebook, a new laptop platform designed for its Gemini artificial intelligence system, marking its latest push to expand Android beyond smartphones into premium personal computing devices. Announcing the product on its official blog, the company said Googlebook is “a new category of laptops designed for Gemini Intelligence,” combining Android’s app ecosystem with […]
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Lagos State House of Assembly Speaker, Mudashiru Obasa, has revealed why he is trading his speakership for a shot at a seat in the Agege Federal Constituency. Obasa made the disclosure on Tuesday at a stakeholders’ meeting in Agege, Lagos, convened ahead of the All Progressives Congress primaries. The sixth-term lawmaker said consultations with constituency […]
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