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SEC Trains Financial Reporters In US

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Four financial journalists
have left for training at the International Law Institute in Georgetown, United States of America to participate in “Capital Markets-Foundation of Development and Regulation’’ programme.
The four journalists, sponsored by the Securities and Exchange Commission (SEC), were past winners of the commission’s Nigeria Capital Markets Essay Competition for Journalists in 2012 and 2013.
In a statement made available to the   The Tide source, SEC named the journalists as Iheanyi Nwachukwu, Patrick Atunaya, Sule Teliat Abiodun, all of BusinessDay Newspaper and Teslim Shitta-Bey of Business Hallmark Newspaper.
Nwachukwu won the first prize in the maiden edition of the competition in 2012, while Atunaya and Shitta-Bey jointly won the first prize in the 2013 edition.
The first runner-up in 2013, Sule Teliat Abiodun also of BusinessDay, made up the number of the U.S.-bound foursome.
SEC said that the first prize winner and runner-up were entitled to participate in a training programme in a world class institution.
The first prize winner would undergo foreign training for two weeks, while the first runner-up would be trained for one week in foreign institution.
The third place winners had already attended a training programme at the Financial Institutions Training Centre (FITC), Lagos, a foremost Nigerian institution.
Messes Chris Ugwu of New Telegraph, first runners-up in 2012 and Abiodun Eromosele of Thisday Newspapers, first runners-up in 2013 edition of the competition attended the FITC programme.
Addressing the journalists before their departure, SEC Nigeria’s Executive Commissioner, Hon. Zakawanu Garuba, said that the programme was part of the Commission’s corporate social responsibility initiative in the area of media capacity building.
Garuba, who represented the Director-General of SEC, Ms Arunma Oteh, said that the training was conceptualised to stimulate interest in reading and writing about financial markets.
She said that the Commission planned to retool financial markets reporting, deepen financial journalism and enhance market integrity and transparency through the essay competition.
Oteh reminded journalists to take advantage of the on-going entries for the 2014 edition of the competition to build their capacity.
She added that “we need you all to fully participate and to ginger involvement and enthusiasm in your colleagues and friends. We also need you all to own the programme and to optimise its success through robust participation.”

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Kenyan Runners Dominate Berlin Marathons

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Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.

Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.

The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.

Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.

“I did my best and I am happy for this performance,” said Sawe.

“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”

Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.

In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.

Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.

Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.

 

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NIS Ends Decentralised Passport Production After 62 Years

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The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
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FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

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The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
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