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Job: Nigeria, Britain partner to combat unemployment

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The Nigerian government has expressed its willingness to partner with the British Government in tackling unemployment and creating job opportunities for young persons in the country. The Minister of State for Labour and Employment, Dr Festus Keyamo, with the Political Counsellor, British High Commission, Mr Dominic Williams. PHOTO: NAN The Minister of State for  Labour  and Employment, Dr Festus Keyamo, stated this when the Political Counsellor, British High Commission, Mr Dominic Williams, paid him a courtesy visit in Abuja. “We are ready to collaborate with our partners all over the world to open up avenues for job creation. We are open to all kinds of suggestions and levels of co-operation,” he said. He disclosed that the Government has opened up other sectors as part of efforts to diversify the economy from oil, which would, in turn, create room for employment. According to him, part of the efforts of Government to diversify the economy and boost job creation...
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"67 Years Old Woman Hacks First Bank, Withdraws N16.2M" ( See Details )

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A 67-year-elderly person has been summoned before the Lagos State Magistrate Court at Igbosere, Lagos, for purportedly hacking into a First Bank Plc record and taking N16.2million. The lady,  Wuraola Folashade Oluloye , was summoned on a five-count charge of fraudulent diversion, was captured following a complaint from Solomon Akhanolu, Head of the Department of Forensic Auditors of First Bank. Oluloye  pleaded not guilty to the five counts and was allowed safeguard by  Folashade Olukoya , the presiding magistrate and the chief magistrate of Igbosere court. She is to raise N500, 000 in safeguard bond and give two sureties in like whole. Oluloye  would be remanded in  Kirikiri Prison  authority until she meets her safeguard conditions George Nwosu , the arraignment counsel, said Oluloye committed the supposed offenses between last year October 16 and December 31, at First Bank's Agidingbi Branch, Lagos. He said the 67-year-elderly person pu...
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UK disagrees with US decision to ban Huawei 5G Network

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THE United Kingdom’s National Cyber Security Centre, NCSC, has said Huawei’s network equipment are not a threat to its security. This is despite restrictions in the United States on Huawei’s 5G network equipment and allegations that Chinese manufacturers are spying on the West.



The centre also added that any potential risk posed from using the company’s equipment can be easily mitigated.
UK Financial Times reported the NCSC has ruled out a blanket ban, but hasn’t formally settled on what to do in response to the US’s persuasion to ban the use of Huawei equipment.
Huawei’s founder, Ren Zhengfei, in an interview with the BBC, stated categorically that “the US cannot crush Huawei.”
In a previous report by the Bloomberg, Ren had stated that despite the potential impact of the US plot on the business, he was confident Huawei’s revenue would grow to $125 billion in 2019 from more than $100 billion last year.
Speaking on the NCSC findings regarding the safety of Huawei’s equipment, Ren reiterated the fact that many of UK’s mobile companies, including Vodafone, EE and Three, are working with Huawei to develop their 5G networks.
Ren added that “Huawei will invest even more in the UK because if the US doesn’t trust us, then we will shift our investment from the US to the UK on an even bigger scale.
Huawei is considered a global leader when it comes to telecoms equipment, and is one of only a few true suppliers of 5G.
The ban may have heightened the alleged trade dispute between the United States and China which has disrupted the flow of hundreds of billions of dollars of goods.
Recall that last year, Reuters reported that President Donald Trump was considering an executive order for 2019 to declare a national emergency that would bar US companies from using telecommunications equipment made by China’s Huawei and ZTE.
Huawei has repeatedly denied any involvement in allegations of spying, stating that it would not be in the company’s interest to do so.
It also stated that doing so would cause the company to lose image, brand equity and the current position in the international market.

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