Author: Ifetayo Adeniyi

Rights to creative property lasts for only 20 years – NOTAP Rights to creative property lasts for only 20 years – NOTAP The National Office for Technology Acquisition and Promotion has stated that inventors of creative intellectual property can only hold exclusive rights to their works for 20 years. After this period, the invention will be transferred to the public domain and can be used by any individual. The NOTAP Director General, Obiageli Amadiobi, disclosed this at a press conference to commemorate the African Day for Technology and Intellectual Properties on Thursday in Abuja. It was themed, “Leveraging Technology and…

Nigeria, UK partner in agreements with the former getting £272.6 million Rowe and Bagudu  Nigeria, UK partner in agreements with the former getting £272.6 million Nigeria is to reap about N589 billion (£272.6 million) from eight partnership agreements it signed with the United Kingdom on Thursday in Abuja. The programme implementation agreements signed by the Minister of Budget and Economic Planning, Senator Abubakar Bagudu, and the UK Charge d’ Affaires, Ms Cynthia Rowe, commit both countries to collaboration in critical sectors, including governance, climate change, education, health, and the economy. Welcoming Rowe and his team to the signing ceremony at…

Nigeria finally signed the Cape Town Accord on aircraft Lease Vice president Kashim Shettima With the signing which took place at the Presidential Villa, Nigerian airline operators can now have access to aircraft Dry Lease, while passengers can also enjoy lower flight rates. In more than twenty years, Nigeria government on Thursday finally approved the Cape Town Accord on aircraft Lease. Vice President Kashim Shettima presided over the signing of the Accord in the presence of aviation stakeholders, including Allen Onyema, Chairman of Air Peace. The treaty is designed to facilitate asset based financing and leasing of aviation equipment, including…

Tinubu, King Charles had discussions in London King Charles / Tinubu The two leaders shared ideas for innovative approaches to climate financing and funding. President Bola Tinubu was warmly received on Wednesday in London by Britain’s King Charles III at Buckingham Palace for a private meeting, highlighting the enduring and cherished relationship between Nigeria and the United Kingdom. This will be the two leaders first meeting since they met in Dubai at the COP 28 Climate Summit last year. The latest meeting was at the King’s request. Both leaders discussed global and regional matters of shared priority, focusing on the…

Tinubu expressed satisfaction with NBS release of N6.95trn trade surplus President Bola Tinubu  Tinubu expressed satisfaction with NBS release of N6.95trn trade surplus. The NBS report showed Nigeria’s robust export performance during the quarter, with total merchandise trade amounting to N31.89 trillion. President Bola Tinubu has expressed optimism following a new report from the National Bureau of Statistics (NBS) revealing Nigeria’s trade surplus reached N6.95 trillion in the second quarter of 2024. This is according to Bayo Onanuga Special Adviser to the President (Information & Strategy) in a statement he released on Thursday. It noted that this represents a 6.60%…

Rite Foods’ Bigi Brands Sponsor Test Fest 2024 for Young Nigerian Tech Professionals’ Ms. Abiola Rasaq, Founder of The Bug Detective (middle), flanked by Ms. Biola Aransiola, Brand Manager for Bigi & Sausages, Rite Foods Limited;(left) with and Ms. Adedoyin Adetutu, Assistant Brand Manager, (right) at the 2024 Test Festival for Tech Professionals, sponsored by the Bigi Carbonated Soft Drink of Rite Foods Limited, in Lagos, on Saturday, 7th September, 2024. As part of its support for worthy initiatives through credible platforms, the Bigi Carbonated Soft Drink Brand of Rite Foods Limited, one of Nigeria’s leading brands in the food…

UBA Foundation Leads Africa’s Green Revolution With 2024 Tree Planting Initiative, Pledges One Million Trees In One Year Theme – “Our Land: Grooming a Greener Future” UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, has embarked on the 2024 Tree Planting Campaign, with a commitment to plant one million trees across the continent by 2025. While positioning itself at the forefront of Africa’s green revolution by advocating for climate action and a greener future, the Foundation said the move is part of an initiative to champion environmental sustainability across the continent. Giving the…

Ivory Coast tops as Nigeria’s biggest trade partner in Africa in H1 with N2.05 trillion crude oil imports Ivory Coast tops as Nigeria’s biggest trade partner in Africa in H1 with N2.05 trillion crude oil imports. Ivory Coast has emerged as Nigeria’s biggest trade partner in Africa after importing crude oil worth N2.05 trillion in the first half of the year. This is according to the foreign trade report for Q2, 2024 published by the National Bureau of Statistics (NBS). Report had it that Nigeria’s crude oil exports in the first three months of 2024 stood at N717.49 billion. This…

Jigawa flood victims receive support as Gov Namadi gives out N315m Jigawa flood victims receive support as Gov Namadi gives out N315m. Jigawa state governor, Umar Namadi has approved the release of the total sum of N315.5 million to 15,775 flood victims presently in the Internally Displaced Persons (IDP) camps across 20 affected local government areas in the state. The governor disclosed in Kiyawa, Kiyawa town headquarters of Kiyawa local government area in the state while flagging off the distribution of relief assistance to the victims, said cash assistance and food is to reduce hardship experienced as a result of…

Presidential Amnesty Programme: 60 Scholarship Students Bag First-class Presidential Amnesty Programme As 60 Scholarship Students Bag First-class The Presidential Amnesty Programme Office on Thursday stated that no fewer than 60 students on its scholarship had made first class in different competitive disciplines between 2016 and 2023 at various partnering universities. This was disclosed in a statement by the PAP Head of Education, Dr Charles Ariye. Ariye said their disciplines include electrical/electronics engineering, computer science, civil engineering, accounting, law, petroleum engineering, physics, international relations, and biochemistry among others. His adulation comes on the heels of a feat by another student on…