News – Page 20 – Democracy Radio

US.MAC and Nigerian government officials at the launch of a startup mentorship initiative to scale local innovators globally.

Silicon Valley Experts to Bridge Nigeria’s Startup Mentorship Gap

By Julian Osamoto Nigeria’s lack of experienced startup mentors is receiving global attention as Silicon Valley professionals move to plug the gap through the newly launched Founder Dojo programme. Backed by the United States Market Access Center (US.MAC), Imo Digital City Ltd, and the Imo State Government, the initiative will provide Nigerian entrepreneurs with world-class mentorship, hackathons, and accelerator programmes modelled on Silicon Valley standards. Co-founder of Global Innovation Dojo, Colin Donohue, said Nigeria’s ecosystem has immense potential but falls […]

August 21, 2025 2

NAICOM highlights NIIRA 2025 as a landmark reform to boost growth, transparency, and consumer protection in Nigeria’s insurance industry.

Economy

NAICOM, Police Raid Fake Motor Insurance Dealers in Abuja

By Oluwakemi Kindness The National Insurance Commission (NAICOM), in collaboration with the Nigeria Police Force, has launched a major crackdown on individuals peddling fake motor third-party insurance policies in Abuja. The crack down led by its Motor Third-Party Insurance Enforcement Committee, NAICOM operatives, supported by the police, stormed the Mabuchi area of the Federal Capital Territory, where fraudsters have been issuing counterfeit insurance documents to unsuspecting motorists. According ti a statement on Wednesday night, the operation follows a directive by […]

August 20, 2025

Economy

NAICOM, SEC Unite to Enforce NIIRA 2025 Recapitalization Mandate

By Oluwakemi Kindness The Securities and Exchange Commission (SEC) has pledged full support to the National Insurance Commission (NAICOM) in its ongoing recapitalization exercise and sector-wide digital transformation. This follows the recent enactment of the Nigeria Insurance Industry Reform Act (NIIRA) 2025 SEC Director-General, Emomotimi Agama, gave the assurance when he received the Commissioner for Insurance, Olusegun Ayo-Omosehin, on a courtesy visit at the Commission’s headquarters in Abuja on Tuesday. A statement by NAICOM on Wednesday says Agama describes the […]

August 20, 2025

Security

Police Commission Promotes 952 Officers, Bars 179 Over Retirement

By Oluwakemi Kindness The Police Service Commission (PSC) has approved the promotion of 952 Assistant Superintendents of Police (ASPs) to the rank of Deputy Superintendent of Police (DSP), in one of its biggest career advancement exercises in recent years. The Commission, however, declined the promotion of 176 ASPs who had retired from service, and three others believed to be deceased. These decisions were reached at the inaugural plenary of the 6th Board of the Commission, chaired by retired Deputy Inspector […]

August 20, 2025

General

NCPC to Flag Off Easter Pilgrimage in Owerri by September

By Chinedu Echianu The Nigerian Christian Pilgrim Commission (NCPC) says the 2025 Easter Pilgrimage exercise will officially commence on September 14 in Owerri, the Imo State capital. Executive Secretary of the Commission, Bishop Stephen Adegbite, disclosed this during a thanksgiving to mark his 57th birthday celebration organised by the management and staff of the Commission in Abuja. According to a statement signed by the Deputy Director and Head, Media and Public Relations at NCPC, Celestine Toruka, the Easter Pilgrimage, which […]

August 20, 2025

General

Court Freezes Mele Kyari’s Bank Accounts Over Alleged Fraud

By: Aremu Toyeebaht The Federal High Court in Abuja has ordered the temporary freezing of four bank accounts linked to the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Mele Kyari, over alleged involvement in fraud and money laundering. Justice Emeka Nwite issued the ruling on Tuesday after listening to an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC) through its counsel, Ogechi Ujam. According to the EFCC, […]

August 20, 2025

Communications

Tinubu Removes 5% Excise Duty on Telecom Services

By: Aremu Toyeebaht The Federal Government has officially removed the 5 per cent excise duty on telecommunications services, a decision expected to reduce cost pressures on subscribers and support the growth of Nigeria’s digital economy. The Executive Vice-Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, confirmed the development during an interactive session with journalists in Abuja on Tuesday. “The excise duty, it was the 5 per cent or so, that is no longer there,” he said. “Before it […]

August 20, 2025

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Sport

NVBF President ,Nimrod, Applauds Stakeholders After Successful League Phase

By:Arinzechi Chukwunonso The President of the Nigeria Volleyball Federation (NVBF), Engineer Musa Nimrod, has commended stakeholders for their contributions toward the successful conclusion of the National Division 1 and 2 Volleyball League Phase 1, which took place in Abuja. Reflecting on the progress of the sport in the country, Nimrod described the Phase 1 league as a testament to the resilience, unity, and collective determination of all parties involved in advancing volleyball in Nigeria. He acknowledged that the journey to […]

August 20, 2025 2

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General

NDLEA Secures 10years Conviction for Two Drug Kingpins

By Oluwakemi Kindness The National Drug Law Enforcement Agency (NDLEA) has secured the conviction of two high-profile drug traffickers, marking a major breakthrough in Nigeria’s unrelenting fight against narcotics. A Federal High Court in Lagos on Monday, August 18, 2025, sentenced 37-year-old Ajetsibo Emami, popularly known as Warri Kinsman, and 51-year-old Solomon Akpomuai, to a combined 10 years’ imprisonment for trafficking cannabis-based substances. According to a statement n Tuesday by NDLEA spokesperson, Femi Babafemi, Emami was arrested in Ikeja on […]

August 20, 2025 2