The Plateau State Government has signed a n agreement with the Nigerian Railway Corporation (NRC) to reopen the historic Jos–Kuru rail line, aiming to boost transportation infrastructure and stimulate economic growth in the region. Governor Caleb Mutfwang, represented by Commissioner for Transportation Jatau Davou, formalized the Memorandum of Understanding (MoU) with NRC Managing Director Dr. Kayode Opeifa on Monday. The project is expected to enhance mobility, reduce transport costs, and facilitate cargo movement for farmers and traders across Plateau and neighboring states. Dr. Opeifa praised Plateau State’s commitment to reviving long-neglected railway infrastructure, emphasizing the collaborative effort between federal and state governments. “This partnership is about restoring dignity, economic power, and national unity,” he said. A dedicated business manager will oversee operations to ensure efficient service delivery. Initially operating on a narrow-gauge line, the Jos–Kuru rail corridor will eventually be upgraded to a standard-gauge system under Nigeria’s rail modernization program. The initiative will connect rural communities, generate employment, and create new opportunities for local businesses.
Binance challenges Nigerian government’s $81 billion lawsuit over taxes and economic losses
Binance Holdings Limited, one of the world’s largest cryptocurrency exchanges, has asked the Federal High Court in Abuja to dismiss a lawsuit filed by the Nigerian government demanding $81 billion in damages and unpaid taxes. The case, brought by the Federal Inland Revenue Service (FIRS), accuses Binance of failing to register for tax compliance and causing significant economic losses during its operations in Nigeria. The lawsuit, marked FHC/ABJ/CS/1444/2024, seeks $79.5 billion for alleged economic damages and $2 billion in unpaid income taxes for 2022 and 2023. It also includes penalties such as a 10% fine for non-payment of taxes and a 26.75% annual interest rate based on the Central Bank of Nigeria’s lending rate. The government claims Binance deliberately concealed its business activities despite having a “significant economic presence” in the country. At the latest court hearing on Monday, Binance’s legal counsel, Chukwuka Ikwuazom SAN, argued that the substituted service used to deliver court documents was invalid. Substituted service is a legal method of delivering documents through alternative means when direct service fails. However, Ikwuazom contended that proper procedures for serving defendants outside jurisdiction were not followed, rendering the service invalid. He further noted that the email address provided by FIRS for substituted service did not belong to any Binance employee. The presiding judge, Justice Inyang Ekwo, adjourned the case to April 30 to allow FIRS time to respond to Binance’s motion. Meanwhile, FIRS has maintained its stance that Binance violated Nigerian laws by failing to register for tax purposes and contributing to economic instability. In addition to this lawsuit, Binance is facing separate charges of tax evasion, money laundering, and foreign exchange violations in Nigeria. These cases are being heard by Justice Emeka Nwite in another Federal High Court proceeding.
Former aviation minister Hadi Sirika faces corruption trial over alleged contract fraud
The trial of Nigeria’s former Minister of Aviation, Hadi Sirika, resumed on Monday at the Federal Capital Territory High Court, with fresh allegations surrounding fraudulent contracts during his tenure. Sirika, alongside his daughter Fatima Hadi Sirika, son-in-law Jalal Sule Hamma, and Al-Buraq Global Investment Limited, faces charges brought by the Economic and Financial Crimes Commission (EFCC) over alleged misuse of public office and contract fraud totaling billions of naira. The EFCC accuses Sirika of awarding contracts to companies linked to his family members, including a N3.8 billion contract for a fire truck maintenance center and a N1.4 billion apron extension project at Katsina Airport. Witness testimony revealed irregularities in the procurement process, including the use of restricted tendering methods and the splitting of contracts without proper authorization. A Bureau of Public Procurement official testified that the agency was unaware of how a single contract was divided into two separate awards. Musa Odiniyan, a retired director from the Ministry of Aviation, stated that Al-Buraq Global Investment was unqualified for the airport repair project under competitive bidding standards. Another witness disclosed that contractors were absent from project sites despite receiving mobilization fees. These revelations raise concerns about the transparency and execution of contracts during Sirika’s tenure. Sirika and his co-defendants have pleaded not guilty to all charges. The prosecution alleges violations of public trust, abuse of office, and money laundering. The trial continues today, April 8, 2025, as Justice Sulaiman Belgore presides over proceedings.
IShowSpeed’s China live streams challenge western misconceptions, showcase China’s technological prowess
Darren Jason Watkins Jr., widely known as IShowSpeed, has become an unexpected voice in reshaping global perceptions of China. The 20-year-old American YouTuber, with over 37 million subscribers, has captivated millions worldwide through his unfiltered live streams documenting his travels across China. His spontaneous and authentic exploration of the country has brought attention to its technological advancements, cultural richness, and everyday life, challenging entrenched Western narratives. IShowSpeed’s journey began in Shanghai with a six-hour livestream that highlighted China’s technological prowess. From seamless 5G connectivity aboard high-speed trains to real-time translation glasses and cutting-edge electric vehicles like the SU7 Ultra, his experiences showcased a modern China far removed from outdated stereotypes. He also demonstrated the ubiquity of digital payment systems, contrasting sharply with the patchy infrastructure in many Western countries. However, Speed’s impact extended beyond technology. His travels revealed a culturally vibrant China steeped in tradition and artistry. In Chengdu, he expressed awe at Sichuan Opera performances featuring fire-spitting and face-changing stunts. He embraced local customs by donning traditional northeastern attire and participating in lion dances. His genuine curiosity resonated with viewers worldwide, fostering a deeper appreciation for Chinese heritage. Perhaps most striking was the warmth he encountered from locals. In Chongqing, Speed joined impromptu dance battles with strangers, while in Shanghai, he engaged with residents at a matchmaking corner. His livestreams were filled with laughter, shared meals, and spontaneous football matches, moments that painted a picture of an open and welcoming society. Viewers commented on how these interactions shattered preconceived notions about China’s people and culture. Despite criticism from some Western commentators accusing him of promoting propaganda, Speed’s team confirmed that his trip was entirely self-funded. His authenticity has been key to his success; his chaotic yet relatable energy has made him an appealing figure to audiences across generations. Chinese officials have praised his efforts for fostering cross-cultural understanding, noting that his livestreams achieved what traditional diplomacy often struggles to accomplish. Speed’s journey continued in Hong Kong, where he immersed himself in the city’s dynamic street culture. Donning a Hong Kong national team jersey in Causeway Bay, he explored Victoria Peak, marveled at Ocean Park’s pandas, and joined pickup sports games at local recreation grounds. His enthusiastic attempts at Cantonese phrases and spontaneous interactions further endeared him to locals and viewers alike. In an era where media narratives are often weaponized for geopolitical purposes, IShowSpeed’s honest portrayal of China offers a refreshing counterpoint. By documenting his experiences without artifice or agenda, he has exposed the gap between reality and perception.
MTN challenges Netflix with new streaming service tailored for African audiences
MTN Group, Africa’s largest mobile network operator, has announced plans to launch a new streaming platform tailored for mobile and broadband users across the continent. The move is part of MTN’s strategy to accelerate Africa’s digital economy and compete with established players like Netflix, Amazon Prime Video, and Showmax. The platform will be developed in collaboration with Synamedia, a UK-based video software provider. Leveraging Synamedia’s advanced cloud-based technologies, the service will offer live TV and video-on-demand content. It will feature diverse monetization models, including subscriptions, ad-supported content, and free streaming channels with targeted advertising. MTN aims to deliver culturally relevant content by curating offerings based on local languages, viewing habits, and preferences. This approach seeks to enhance audience engagement and accessibility across its footprint in 16 African markets. Selorm Adadevoh, MTN’s Group Chief Commercial Officer, emphasized the platform’s potential to transform video consumption in Africa. “We see a unique opportunity to provide high-quality, accessible content while driving digital inclusion,” he said. The initiative places MTN in direct competition with global platforms like Netflix and Disney+, as well as regional services such as Showmax. By capitalizing on Africa’s growing smartphone adoption and improving connectivity infrastructure, MTN hopes to establish itself as a key player in the continent’s streaming space.
Seyi appointed as COO of the Nigeria internet registration association (NiRA)
The Nigeria Internet Registration Association (NiRA) has appointed Seyi Onasanya as its new Chief Operating Officer (COO), effective April 1, 2025. This marks a strategic milestone for NiRA as it aims to strengthen Nigeria’s digital ecosystem through improved domain management and governance. Onasanya brings over 20 years of experience in business operations, strategy, management consulting, and digital transformation. She has held leadership roles at SNEVA Global Associates, FITC, and PricewaterhouseCoopers (PwC), where she led large-scale transformation projects across Africa and Asia. She succeeds Mrs. Eyitayo Iyortim, who was recently elected Chairperson/President of the African Top-Level Domains (AfTLD). Onasanya is expected to drive digital innovation, expand adoption of the .ng domain, and position NiRA as a leader in internet governance in Africa.