Headline
6 Nigerian Startups Attain Billion Dollar Status — Osinbajo

Vice President Yemi Osinbajo says no fewer than six startups owned by young Nigerians have grown from scratch to billion dollar businesses in recent years.
Osinbajo was the Special Guest of Honour at the Graduation Ceremony of Senior Executive Course 43, 2021 of the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Jos.
He said that as at 2021, more than six of such companies had been named Unicorns– a company that is worth over a billion dollars.
Osinbajo attributed the feat of the startups to providence and good policies.
“Six of those companies started between 2016 in the middle of two recessions and global health crisis.
“The companies are: Opay, Paystack, Flutterwave, Andela, PiggyVest and Jumia.
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“ Paystack and Flutterwave. Paystack was co-founded in 2016 by two graduates of Babcock University, in their twenties.
“ Paystack is a payment processing company; I am sure many have heard that it was eventually bought over by Stripe, the American multinational; it is now estimated to be worth a billion dollars.
“Flutterwave, also a payment processing coy founded in 2016; Flutterwave in Lagos; it is now worth nearly three billion dollars and both companies employ hundreds of young men and women.’’
He said that PiggyVest was co- founded in 2016 by ex students of Covenant University led by 21-year-old lady.
According to him, PiggyVest is a wealth management platform that at the end of 2019, had helped one million users save about 80 million dollars.
“What is responsible for some of these successes? Providence and good policies.
“Providence because COVID-19 was a boom period for online payment systems.
“Policy because the president approved the establishment of a technology and creativity advisory group that helped to formulate new banking policies to accommodate new tech enabled payment systems, such that these tech companies could process payments without being full scale banks.
“ The Central Bank of Nigeria (CBN) was then able to issue new types of licences for payment processing; the Federal Government has established a N75 billion National Youth Investment Fund.
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“This provides financial support for small businesses in any field.’’
The vice president said that CBN had also established a Creative Sector Fund for young people in entertainment or technology.
He said there was the new programme called Investing in Digital and Creative Enterprises (iDICE) programme.
According to Osinbajo, iDICE is an over 600 million dollars programme that will support young tech and creative sector entrepreneurs through the provision of finance, skills development and infrastructure.
“Earlier this year, the federal government partnered with the UNDP and the private sector to start a programme called the Jubilee Fellows internship programme.
“ For the next five years every year 20,000 students after youth service will be given internship opportunities in private sector companies and in public agencies.
“The idea will be for the participants to gain relevant career and life skills that will enable them transition seamlessly into professional, business or public sector careers, while also earning very good pay during the internship.
“These snapshots of possibility are enough to show us that we are not facing an uncertain future without any tools at our disposal.’’
The vice president said, however, that if Nigeria was to inaugurate a new age of accelerated growth, it must adopt a new strategic direction and policy orientation.
Osinbajo said that adoption of a new strategy was what the Federal Government sought to do through the National Development Plan 2021-2025 which was recently approved by the Federal Executive Council.
“ In terms of strategic direction, the cornerstone of our strategy is boosting productivity by focusing on value addition as the guiding principle for all sectors, especially agriculture, manufacturing, solid minerals, digital services, tourism, hospitality, and entertainment.
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“ In agriculture, for example, just as we seek to increase production of rice, we are paying equal attention to other parts of the value chain such as storage, transportation, processing and marketing,’’ he said.
(DAILY POST)
Headline
Afghanistan’s Taliban Release US Citizen

Afghanistan’s Taliban government released an American citizen from detention on Sunday, a week after freeing an elderly British couple.
In a statement, the ministry identified the detainee as Amir Amiri and said he had been handed over to Adam Boehler, Washington’s special envoy on hostages.
Boehler made a rare visit to Kabul earlier this month to discuss the possibility of a prisoner exchange with the Taliban government.
“The Islamic Emirate of Afghanistan released an American citizen named Amir Amiri from prison today,” the Foreign Ministry on X, using the official name for the government.
“The Afghan government does not view the issues of citizens from a political angle and makes it clear that ways can be found to resolve issues through diplomacy.”
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Little is known about Amiri’s case, as it has not been widely reported.
An official with knowledge of the release said Amiri, who is 36, “had been detained in Afghanistan since December 2024”.
The official added that Amiri would stop briefly in Doha, Qatar for medical checks before continuing back to the United States.
US Secretary of State Marco Rubio welcomed the release of Amiri, said he had been “wrongfully detained” in Afghanistan, and thanked Qatar for helping to get him freed.
President Donald Trump “has made it clear we will not stop until every American unjustly detained abroad is back home,” Rubio wrote on X.
In January two Americans were freed in exchange for an Afghan fighter, Khan Mohammed, who was convicted of narco-terrorism in the United States.
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Another American, airline mechanic George Glezmann, was freed after more than two years in detention during a March visit to Kabul by Boehler.
At least one other US citizen, Mahmood Habibi, is being held in Afghanistan. The United States is offering a $5 million reward for information leading to his capture.
The Taliban authorities deny any involvement in his 2022 disappearance.
Just a week ago, Britons Peter Reynolds, 80, and his wife Barbie, 76, were released from a Kabul prison after almost eight months in detention. The Taliban authorities did not say why they were detained.
The couple was arrested in February and first held in a maximum security facility, “then in underground cells, without daylight, before being transferred” to the intelligence services in Kabul, UN experts have said.
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The couple married in Kabul in 1970 and have spent almost two decades living in Afghanistan, running educational programmes for women and children. They also became Afghan citizens.
All the releases have been mediated by Qatar.
Both the US and the UK, like many other Western nations, warn against all travel to Afghanistan.
Russia is the only country to have officially recognised the Taliban government, which has imposed a strict version of Islamic law and been accused of sweeping human rights violations.
Dozens of foreign nationals have been arrested since the group returned to power in August 2021, when most embassies withdrew their diplomatic presence.
The Taliban government says it wants to have good relations with other countries, notably the United States, despite the 20-year war against US-led forces.
Headline
One Dead, Several Injured After US Shooting, Fire At Mormon Church

One person was killed and several others injured Sunday after a shooter targeted a Mormon church in the US state of Michigan, where the building was also set on fire, authorities said.
The suspect, a 40-year-old man from a nearby town, was shot dead by law enforcement after the attack, police said, without specifying any possible motive.
President Donald Trump called the shooting “horrendous” and said on his Truth Social platform it “appears to be yet another targeted attack on Christians in the United States of America.”
Images from the scene showed emergency services escorting people on stretchers and a large plume of dark smoke at the Church of Jesus Christ of Latter-day Saints in Grand Blanc Township.
READ ALSO:Head Of Mormon Church Is Dead
Local police chief William Renye told reporters the suspect drove his vehicle through the front doors of the church and then began firing at people inside with an assault rifle.
He said the service was active with “hundreds of people within the church.”
Authorities believe the gunman also deliberately set fire to the church before he was killed by responding police officers, Renye said.
Ten gunshot victims were transported to hospital, including one who has died, the official said.
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He added that the fire had been extinguished but that “we do believe that we will find additional victims once we have that scene secure.”
A woman who lives near the church told AFP: “My husband heard people screaming, one lady yelling for help.”
FBI agents are on the scene to assist the investigation, chief Kash Patel said on X.
“Violence in a place of worship is a cowardly and criminal act. Our prayers are with the victims and their families during this terrible tragedy,” he wrote.
Attorney General Pam Bondi also said she had been briefed on the incident.
Headline
Head Of Mormon Church Is Dead

Russell Nelson, who headed the Mormon church since 2018, died on Saturday night at age 101, the church announced.
“With sorrow we announce that Russell M. Nelson, beloved President of The Church of Jesus Christ of Latter-day Saints, passed away peacefully… at his home in Salt Lake City,” it said in a statement, using the church’s official name.
The former heart surgeon was “the oldest president in the history of the Church,” the statement added, without specifying a cause of death.
Utah Republican senator Mike Lee lauded Nelson as a “bold, visionary leader prepared by God to testify of Jesus Christ in the very times in which we now live.”
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Nelson became the 17th president of the Church in January 2018 at age 93, succeeding Thomas Monson.
Before becoming president, Nelson successfully pushed for the church to label same-sex married couples as “apostates” and bar their children under the age of 18 from religious rites, including baptisms — though that policy was scrapped after he took on the role.
He also broke with his predecessors and cautioned against using shorthands “LDS” or “Mormons” to refer to the church.
Nelson’s successor will be chosen after his funeral by the Quorum of the Twelve Apostles, who like the church’s president are considered prophets by believers.
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The religious leader is survived by his wife, eight of his children, 57 grandchildren and more than 167 great-grandchildren, according to the church.
Founded in 1830, the Mormon church considers itself a Christian body, but bases its doctrines on the Book of Mormon, a text purporting to contain a fuller version of the words of Jesus Christ than that recorded in the Bible.
The Church of Jesus Christ of Latter-day Saints claims a total membership of more than 17.5 million people.
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