NEWS
A Take on Twitter the Twister of Reality

By Salisu Na’inna Dambatta
As the federal government named a team that will dialogue with the proprietors of Twitter, hired lobbyists, sundry writers and some newspaper columnists are at work trying in varied degrees to cajole, push or intimidate the Federal Government of Nigeria to unconditionally lift the suspension on Twitter operations in the country.
Others have gone beyond that to seek ways to circumvent the ban by using other, unreliable and risky methods, to keep twitting, thereby putting the commercial interest of Twitter Incorporated above the wellbeing of their own country.
The lobbyists and agents of Twitter argued that, Nigerian enterprises that market whatever they trade in on Twitter, are suffering.
But the lobbyists deliberately refused to juxtapose their claims with the fact that countless businesses and families suffered all over Nigeria when Twitter was used to fuel riots that led to arson, murders and looting.
To refresh our memories, the Minister of Information and Culture, Lai Mohammed, said at a press conference that “If you ask people to donate money via bitcoins for EndSARS protesters then you are vicariously liable for whatever is the outcome of the protest.”
He further observed that some Nigerians “have forgotten that EndSARS led to the loss of lives, including 37 policemen, six soldiers, 57 civilians while property worth billions of naira were destroyed.”
The Minister further recalled that, “164 police vehicles and 134 police stations were razed to the ground, 265 private corporate organizations were looted while 243 public properties were looted. Also 81 warehouses were looted while over 200 brand new buses bought by Lagos State Government were burnt to ashes.’’
Yet, Twitter is still a good business partner for the lobbyists. This is a strange logic, especially as it came to light that Twitter went to the extent of designing a logo for the EndSARS apostles.
The lobbyists in hiding the shortcomings of Twitter and its methods of encouraging the distribution of messages capable of causing disorder in countries, do not remind their Nigerian audiences that Twitter was the principal nurturer of the riots in Washington DC, that led to the invasion of the American equivalent of our National Assembly building, the Capitol, which sits directly opposite the White House. And like during the EndSARS riots it triggered in Nigeria by disseminating hate speeches, life was lost during that fracas in Washington DC.
. While the lobbyists are at their noisy best, the offending Twitter that twists issues to create an atmosphere that justifies riotous situations in societies has come back to its senses by stealthily reaching out to the authorities in Nigeria to negotiate lifting the suspension.
The move by Twitter to approach the Nigerian authorities implies that it agreed that it has erred and caused offence by denying equitable freedom of expression to both sides of any issue. In its standard duplicitous way, it is free speech to call for the killing of Innocent citizens and destruction of countries; but voices of caution against that bloody path are denied space on the pages of Twitter. This is one of countless ways of twisting issues by Twitter to fit its intents. This led many to conclude that Twitter has ulterior motives against our country which backfired.
Fortunately for the Federal Government of Nigeria, our country is not alone or the first to pick holes and bias in the way Twitter and several of its sister social networking sites twist issues in countries around the world.
Indeed, a simple research has indicated that Twitter along with several other social networking sites have been suspended, heavily-fined, banned or blocked in at least 66 countries for various infractions, especially fanning the embers of ethnic hatred, instigating political violence or inciting serious religious conflicts.
Examples of European countries that at one time or the other objected to the activities of the social networking sites or fined them include Germany, France, Russia and the United Kingdom.
On the African continent where these social networking sites disseminate messages making references to countries as failed nations, fragile states, conflict zones or ungoverned territories, more than 10 African countries have objected to their ways before Nigeria did. Egypt, Mozambique, Tanzania, Uganda, Ethiopia and were among them.
In Asia, China, India, Pakistan, Iran, Syria North Korea, Afghanistan, the United Arab Emirates and Qatar, had strong reasons at one time or the other, to take steps against the offending social networking sites to protect their national interests as they defined them.
While the citizens of those countries rallied behind their governments despite the inconveniences caused by stopping or suspending the social networking sites, in Nigeria our supposed intellectuals, “legal luminaries” and those in politics for anything other than nation building, were talking down the government that is discharging its responsibility of safeguarding public safety.
None of them saw the need for encouraging talented Nigerians to see the suspension of Twitter as a chance for them to develop an application that can service whatever needs Twitter meets, or provide even better service, without causing harm to Nigeria. No one should be blamed if discerning Nigerians include such important personalities among those who threw patriotism to the dogs.
NEWS
Robust Capital Market Crucial for Nigeria’s Economic Prosperity- NGX Chairman

Chairman, Nigerian Exchange Group, Dr Umaru Kwairanga, says the Nigerian Capital Market has experienced exponential growth since he assumed office in 2022.He reiterated the group’s commitment to deepening Nigeria’s capital market in alignment with President Bola Tinubu’s vision of growing the nation’s GDP to one trillion dollars by 2030.
In a statement issued in Lagos, Kwairanga was said to have made the remarks while delivering a keynote address at the “For the Love of Our Country (FLOC) 2025” symposium, held at Bayero University Kano (BUK) on Friday. He spoke on the theme, “Reimagining Nigeria’s Economy for a Prosperous Future: Where We Were, Where We Are, and Where We Should Be in the Next Decade”.According to him, the All Share Index (ASI) rose from 48,837 basis points to 111,742 basis points, while market capitalisation grew from N26.375 trillion to N70.463 trillion by May 2025.He said that bond markets were included with total market capitalisation now at over N121 trillion.“This growth shows that we have more than doubled the indices of both our equity and bond markets in just over two years.“However, our goal is even more ambitious as we work towards making the capital market central to achieving a $1 trillion economy,”he said.Kwairanga emphasised the strategic importance of a robust capital market in financing long-term infrastructure, encouraging formalisation of businesses, and mirroring the nation’s true economic potential.He noted with concern that Nigeria’s market capitalisation remains less than 20 per cent of Nigeria’s GDP, compared to South Africa’s Johannesburg Stock Exchange which exceeds its national GDP.To address this, he outlined several initiatives being undertaken by NGX Group and its regulators, particularly the Securities and Exchange Commission (SEC), to enhance market transparency and efficiency.He said these include the dematerialisation of share certificates, resolution of unpaid dividend backlogs, and the recent reduction in clearing time for secondary market transactions to T+2.“We are working closely with regulators and stakeholders to make our market more accessible and attractive.”He said that major listings in the oil and gas sector, such as the planned sale of a stake in NNPC Ltd. and the anticipated listing of Dangote Petrochemicals, would significantly boost market capitalisation.He also spoke on digital innovation as a key driver of market participation, citing the launch of NGX Invest, a digital platform for primary market offers and financial literacy campaigns targeting youths, students, and members of the National Youth Service Corps (NYSC).The chairman revealed the ongoing engagements with institutional investors such as pension fund administrators and mutual funds.He also hinted on the development of sophisticated products like exchange-traded funds, derivatives, and ethical investment instruments.He highlighted efforts to integrate African capital markets through cross-border linkages that would allow investors in Nigeria to trade shares listed on exchanges in countries like Ghana and vice versa.In spite challenges such as declining disposable income, infrastructural deficits, and global economic headwinds, Kwairanga expressed optimism that these could be surmounted.“We are confident that Nigeria will have the broader, deeper, and more sophisticated capital market it deserves before the end of this decade,”he said. (NAN)NEWS
FCT Emergency Department Rescues Suspected Victim of ‘one Chance’ in Asokoro

The Federal Capital Territory Emergency Management Department (FEMD) says it has rescued a woman, who was forcefully pushed out of a moving vehicle in Asokoro, Abuja, on Friday.The department’s Head of Public Affairs, Mrs Nkechi Isa, disclosed this in a statement in Abuja.
Isa said that the incident occurred at about 4:30 p. m. at the Powerhouse Bus Stop Junction,Yakubu Gowon Crescent in Asokoro. According to her, eyewitnesses at the scene said the woman was pushed out of a moving vehicle suspected to be a robbery, by “one chance” operators.She described “one chance” as a criminal gang posing as commercial drivers with passengers, leaving one space (one chance) for an unsuspecting victim.Once they take off, the criminals dispossess the victims of their valuables and often throw them out of the moving vehicle.She said that the FEMD Search and Rescue Team was notified of the incident by the FCT Fire Service and immediately swooped into action.“On arrival at the scene, the team found the victim, identified as Khadija Salisu, unconscious but without visible physical injury.“She was promptly taken to the Asokoro District Hospital and is responding to treatment,” Isa said. (NAN)NEWS
Ministry Warns Public Against Fake Account

The Ministry of Foreign Affairs on Friday warned against the use of social media accounts by unscrupulous individuals spreading false information about its officials.The ministry’s spokesperson, Kimiebi Ebienfa, issued the warning in Abuja following the creation of a fake Facebook account in the name of Permanent Secretary, Amb.
Dunoma Ahmed. Ebienfa said, “This fraudulent account is being used to spread false information, promise contracts, solicit help, and offer enticing rewards to unsuspecting members of the public. “The Ministry firmly disassociates itself from this impersonation and urges the public to disregard any messages from the fake account, which is not an official channel. “It is important to clarify that the Permanent Secretary does not operate or own any social media account.” He advised the public not to engage with individuals or groups behind such fraudulent schemes, as they are deceptive and harmful. According to him, the ministry is working closely with security agencies and Meta, Facebook’s parent company, to investigate and shut down the fake account. Ebienfa reaffirmed the ministry’s commitment to transparency, integrity, and protecting citizens from fraudulent activities across all platforms. (NAN)