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Israel kicks off programme to help Tinubu create 1million digital jobs in Nigeria

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1-Fair, a programme just kicked off by the Israeli Embassy in Nigeria which is aimed partnering with the present administration is expected to create one million jobs in the digital economy.

The Israeli Ambassador to Nigeria, His Excellency Michael Freeman said his country is a world leader in digital economy and in attracting investment.

Ambassador Freeman made this declarations during the launch of I-Fair program on Sunday in Abuja.

The Envoy expressed the eagerness to collaborate with President Tinubu and his administration in establishing an investment-friendly environment that facilitates the creation of those million jobs within the digital economy.

He underscored the core objective of the I-Fair program, which has been consistently running for three years, aiming to nurture a new generation of Nigerian entrepreneurs and innovators who can stimulate job growth and enhance the overall economy.

The I-Fair program, a joint effort between the Embassy of the State of Israel in Nigeria and the Office of the Vice President of the Federal Republic of Nigeria, has already benefited over a hundred individuals and organizations, including notable participants such as Soilless Farms, Project 3R, and Think Bike.

In his remarks, the chief innovative officer at Makelab network, Saron Paz, said that both team’s work side by side.

He said, Israel are the best experts. “We do some of the journey online, obviously, and some of the changing industries. We send entrepreneurs not only to be in the center, that they go out, and they have real life experiments with real life clients in their home, cities or states, or with their prospective clients. So we start from an idea,

“These are just like pictures to see, we give a lot of emphasis on getting them prepared for the pitching, and to show in a very professional way, their projects. And now I’m gonna move to the zoom “.

Also speaking, Iyinoluwa Aboyeji, the founder of Future Africa, urged Nigerians to capitalize on the program, highlighting the investment support from the governments of Israel and Nigeria, as well as Tetfund.

Aboyeji also mentioned that I-Fair aims to collaborate with 20-50 businesses and ideas this year, contributing to the ambitious goal of creating a million jobs.

 

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Speaker, 14 other River State assembly members decamp to APC

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15 members of the Rivers State House of Assembly, led by Speaker Martin Amaewhule, have left the Peoples Democratic Party, PDP, for the All Progressives Congress, APC.

Amaewhule disclosed the lawmakers’ decision during Friday’s plenary, attributing their defection to what he called a “clear division” within the PDP.

“Distinguished colleagues, very happily, let me announce that your Speaker has decided, and has indeed written to my ward chairman of my decision, to leave the PDP. APC is my new party,” Amaewhule said.

Amaewhule’s Deputy, Dumle Maol, is one of the 16 lawmakers that joined APC as well.

All the lawmakers, who have jumped ship, are core loyalists of the Minister of the Federal Capital Territory, FCT, Chief Nyesom Wike.

 

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CBN rolls out new directives to track financial fraud

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The Central Bank of Nigeria,has rolled out a new framework ito expedite handling of fraud accusations and refund victims.

Customers must report suspected fraudulent transactions within 72 hours under this draft guideline, and financial institutions have 16 working days to look into the matter and repay money.

The action comes in the wake of a dramatic increase in banking sector fraud.

According to data from the Financial Institutions Training Center, losses in the first quarter of 2025 increased to ₦3.29 billion, a startling 603 percent increase over the previous year. In the same time frame, reported cases also increased to 12,347.

The November 26, 2025, proposed regulations seek to improve bank accountability, expedite reimbursements, and boost prevention.

Director of the Financial Policy and Regulation Department Rita Sike signed the circular, which describes stricter regulations intended to prevent fraud before it occurs.

The apex bank’s ongoing fight against financial fraud has advanced with the adoption of this guidance. To enhance cooperation between operators, it established the Nigeria Electronic Fraud Forum in 2011.

It directed banks to establish specialized fraud bureaus four years later. By requiring BVN or NIN for account opening, it reinforced Know Your Customer checks in 2023.

 

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DSS arrests medical doctor treating wounded terrorists

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Operatives of the Department of State Service have arrested a medical doctor treating wounded kidnappers inside the forest in different parts of Kwara State.

The suspect, whose name could not be ascertained at press time, was also involved in supplying drugs to kidnapping gangs operating in Kwara.

The DSS intercepted the medical doctor in the Jebba area after intelligence reports revealed that some couriers had been moving medical supplies from Sokoto to treat wounded bandits hiding in forests across the state.

A security official said many of the criminal groups have sustained gunshot injuries in recent encounters with forces.

The source said, “So, we are advising improved security measures in health facilities in thickly forested areas which the kidnappers may target.”

Confirming the development, the Chief Press Secretary to the Governor of Kwara State, Rafiu Ajakaye, said the arrest was another significant breakthrough in ongoing efforts to combat banditry.

Ajakaye noted that the state government will continue to strengthen collaboration with security agencies to shut down all channels aiding kidnapping activities.

 

 

 

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