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ALX Ignites University Campuses with Groundbreaking Awareness Campaigns

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L-r: Ridwan Bello, Activations Lead, ALX Nigeria; Seun Babajide-Duroshola; Country Marketing Manager, ALX Nigeria; Olafisoye Alexander, University of Ilorin Chief Speaker; Opoola Opeyemi, University of Ilorin Supporting Speaker; Islamiat Oyindamola Kolawole, Faculty Representative; and Eniola Fadiran, University of Ilorin Substitute Speaker, during the prize presentation for the ALX Nigeria Inter-School Debate.
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ALX Nigeria, a tech accelerator has embarked on a dynamic journey across multiple universities in Nigeria fostering awareness and offering students unparalleled opportunities to enhance their tech skills and careers.

ALX Nigeria is part of a global organisation, ALX Africa, which is also present in South Africa, Rwanda, Kenya, Morocco, Ghana, Egypt, Ethiopia, and other African countries and is actively building the #ALX9jaCommunity.

With successful events hosted at Babcock University, Olabisi Onabanjo University, Landmark University, and LAUTECH, with a final stop at Ibadan Polytechnic, ALX is setting the stage for a new era of engagement and intellectual discourse among students as well as inspiring them to take tech seriously.

As part of its mission to revolutionise learning and empower the next generation of leaders, ALX provides students with a transformative opportunity to connect with innovative tech courses and reach their full potential.

Seun Babajide-Duroshola, ALX Nigeria, Country Marketing Manager, stated, “We are strategically doing this to engage students through thought-provoking conversations, and this is happening across various universities.

“We want to inspire and push them to take charge of their life, and careers, and go all out on a tech-driven lifelong learning journey. Just imagine how powerful it will be for university graduates equipped with tech skills by the time they complete their degree.”

One of the highlights of ALX’s campus tour was the Inter-School Debate, where six universities—Thomas Adewumi University, Landmark University, Redeemers University, Afe Babalola University, University of Ilorin, and Obafemi Awolowo University—competed head-to-head in a battle of intellect and eloquence.

The event highlighted the intellectual prowess of the participating students and fostered friendly and healthy competition among universities.

After rounds of intense deliberation and passionate arguments, Alex Olafisoye, a 500-level student at the University of Ilorin, emerged victorious in the Inter-School Debate.

His team’s dedication, intellect, and rhetorical finesse captivated the audience and demonstrated the remarkable talent nurtured within university campuses. This victory earned his team a coveted cash prize and a brand-new laptop and provided Alex with a unique platform to network and share his ideas.

Alex Olasfisoye, the winner of the competition, expressed his joy as he stated, “This was a unique opportunity for me to network and talk about ideas that I have in mind for a while, and I’m grateful to ALX for providing a platform like this for me to unleash my skill.”

Regarding the Inter-School Debate Competition, Babajide-Duroshola expressed profound enthusiasm and gratitude, stating, “We are excited to witness the incredible response from students across universities.

“The energy and passion displayed during the Inter-School Debate competition were truly inspiring. It reaffirms our belief in the power of tech learning to transform lives and shape the future.” Events like these not only foster academic excellence but also nurture leadership qualities and teamwork skills essential for success in the modern world,” she added.

With its unwavering commitment, ALX Nigeria remains at the forefront of equipping the next generation with the necessary knowledge and skills to thrive in the digital sector. It does so by providing a diverse range of tech programmes and offerings designed to meet the evolving needs of the industry.


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Lagos Sets the Benchmark in Renewable Energy as CADEF Launches Transformative Platform

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Against the backdrop of Lagos State’s proactive efforts to reform its electricity sector, the Consumer Advocacy and Empowerment Foundation (CADEF) has launched its ‘Renew Energy Nigeria’ platform, a nationwide initiative with potential synergies for the state’s ambitious energy goals.

Professor Chiso Ndukwe-Okafor, CADEF’s Executive Director, introduced the platform in Lagos, highlighting its aim to empower Nigerians with information and access to decentralized renewable energy (DER) solutions. “The launch of this platform marks a significant step towards democratizing access to information and resources within Nigeria’s burgeoning sustainable energy sector.”

The platform’s launch comes as Lagos State, under the Lagos State Electricity Law, is actively establishing a regulatory framework and attracting private sector investment. Kamaldeen Abiodun-Balogun, General Manager of the LSEB, detailed the state’s progress in creating a functional electricity market, ensuring payment security, and addressing infrastructure challenges. “This law enabled us to create policy documents and establish regulatory agencies to initiate the implementation of the Lagos electricity market,” he explained, adding that private sector involvement will be key in areas where existing Discos face performance issues.

Segun Adaju, a private sector player deeply engaged in the energy sector, lauded Lagos State’s leadership. “In all these, Lagos State is always setting the pace. Many of us in the private sector players like myself, we are also looking up to Lagos State to set the pace,” he said, also mentioning his work on the Centralized Renewable Energy Desk for the state government.

While acknowledging national-level challenges such as import restrictions and forex fluctuations as noted by Professor Ndukwe-Okafor: “The recent federal plan on restrictions on the importation of solar products and the fluctuation of forex rate have made clean energy solutions costly”, the focus on Lagos State’s progress suggests a promising local environment for DER adoption, potentially amplified by CADEF’s new platform.

The broader socio-economic context, as highlighted by Olumide Ajayi, “Over 40% of Nigerians do not have access to reliable electricity”, underscored the importance of initiatives like ‘Renew Energy Nigeria’ and the enabling policies being implemented in states like Lagos.

Professor Ndukwe-Okafor concluded with a powerful call to action. “This platform is not an isolated intervention. It is aligned with our ideal country’s national vision, the 30-30-30 initiative. Let us not build a solar future that only serves the wealthy. Let us democratize clean energy. Let us make it local, inclusive, and scalable.”

The launch of “Renew Energy Nigeria” marks a significant step towards a more sustainable and equitable energy future for Nigeria, driven by innovation, collaboration, and a commitment to empowering its citizens. The platform is now live and accessible to all Nigerians seeking reliable and clean energy alternatives


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EFCC Secures Arrest Warrant for Six CBEX Promoters

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A federal high court in Abuja has granted permission to the Economic and Financial Crimes Commission (EFCC) to arrest and detain six Crypto Bridge Exchange (CBEX) promoters over allegations of investment fraud to the tune of over one billion dollars.

EFCC Secures Arrest Warrant for Six CBEX Promoters

Emeka Nwite, presiding judge, gave the order following an ex parte application moved by Fadila Yusuf, counsel to the EFCC.

In the application by the EFCC, the six suspects are Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo and Chukwuebuka Ehirim.

The commission sought an order of the court for a warrant of arrest of the defendants.

They also prayed the court for “an order remanding the defendants in the custody of the complainant/applicant pending the conclusion of investigation of the alleged offences and possible prosecution”.

Yusuf said that the defendants are at large and a warrant of arrest is required to arrest the defendants for proper investigation and prosecution of this case.

In the affidavit in support of the motion, the EFCC said preliminary investigation into the intel revealed that the defendants “using their company ST Technologies International Limited, promoted another company Crypto Bridge Exchange (CBEX) by making adverts and lured unsuspecting members of the public to invest crypto cryptocurrencies on the CBEX investment platform”.

The EFCC said the defendants promised an unrealistic return on investment of up to 100 percent.

“The victims were made to convert their digital assets into a stablecoin of USDT for onward deposit into the suspects’ crypto wallet,” Yusuf said.

“The victims were initially given full access to the platform to monitor their investment.

“Following the deposits valued at over $1 billion by the victims, the CBEX investment platform became inaccessible to them, and they could no longer withdraw from the investment made.

“The victims later discovered that the said scheme is a scam.

“During the course of investigation, it was discovered that the said ST Technologies International Limited, though registered with the Corporate Affairs Commission (CAC), it was not registered with the Securities and Exchange Commission (SEC) for investment purposes.

“It was also discovered during the investigation that the defendants had moved out of their last known address in Lagos and Ogun states.”

The anti-graft agency said obtaining a warrant of arrest was necessary in order to place the defendants on a watch list, enabling authorities to trace and apprehend the suspects to face the charges brought against them.

Nwite granted the request for a warrant of arrest and remand, adding that the order was necessary to enable the commission to apprehend the defendants and conclude its investigation.

“I have listened to the submission of the learned counsel for the applicant,” Nwite said.

“I have also gone through the affidavit evidence with exhibits thereto, along with the written address.

“I am of the view and I so hold that the application is meritorious.

“Consequently, the application is granted as prayed.”

Earlier in April, reports emerged that CBEX users could no longer withdraw their funds.

On Monday, angry investors stormed and looted the office of Smart Treasure (ST Team), an affiliate of CBEX, in Ibadan, Oyo State.

The EFCC recently confirmed receiving multiple complaints about the platform.

Dele Oyewale, the commission spokesperson, assured affected investors that efforts were underway to recover their funds.

 

 

 


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Air Peace Suspends Flight Operations Nationwide

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Air Peace Ltd has announced the suspension of all flight operations nationwide due to the ongoing strike embarked upon by the Nigerian Meteorological Agency (NiMET).
Air Peace Suspends Flight Operations Nationwide

This is contained in a statement signed by Dr Ejike Ndiulo, head of Corporate Communications, Air Peace,  on Wednesday in Lagos.
According to Ndiulo, the decision is necessary because NiMet is the agency responsible for issuing CNH (Current Nowcast of Hazardous Weather) reports, critical for safe landings, especially during this season of heavy rainfall and thunderstorms.
He said without these reports from the control tower, flight safety could not be guaranteed.
“As a safety-first airline, we have chosen to act responsibly by suspending operations until NiMet resumes full service.
“We understand this may cause inconvenience, and we sincerely apologise. Passengers will be contacted with updates and options for rescheduling,” he said.
The staff of NiMET on Tuesday commenced an indefinite strike over the condition of service and other demands.


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