NEWS
SEC Committed to Promoting Innovation, Safeguarding Investments – Agama

By Tony Obiechina, Abuja
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has reaffirmed the Commission’s commitment to fostering innovation in the capital market while ensuring the security of investors’ funds.Agama, who spoke during his keynote address at the Comercio Partners H2 2025 Outlook event, said the SEC is actively engaging with fintech startups, blockchain developers and quantum technology researchers to craft regulatory frameworks that balance innovation with investor protection.
He noted that the world is at a critical turning point where traditional models of global trade, finance, and investment are being transformed by rapid technological advances, shifting geopolitical landscapes, and the emergence of groundbreaking innovations such as quantum computing, artificial intelligence, and blockchain.“For Nigeria and the broader African continent, this presents both unprecedented opportunities and formidable challenges”, he added.He explained further: “For decades, global trade has been the backbone of economic growth, driven by comparative advantage, supply chain efficiencies, and multilateral agreements.“However, recent disruptions—from the COVID-19 pandemic to geopolitical tensions—have exposed the vulnerabilities of over-reliance on traditional trade models. As nations recalibrate their economic strategies, the focus is shifting toward innovation-driven growth. The rise of digital economies, decentralized finance (DeFi), and quantum technologies signals a new era where intellectual capital and technological prowess will define competitive advantage.”Agama, who described quantum innovation as the next frontier, said it encompasses “quantum computing, cryptography, and communication—promises to revolutionize industries from finance to healthcare. For capital markets, quantum computing could redefine risk modelling, asset pricing, and fraud detection, offering unparalleled speed and accuracy”.He stressed that the SEC Nigeria “is committed to fostering a regulatory environment that encourages innovation while safeguarding market integrity.We are actively engaging with fintech startups, blockchain innovators, and quantum researchers to develop frameworks that balance progress with investor protection”.He held that the future belongs to nations that invest in “STEM education and digital skills. Collaborations between academia, industry and government are critical to building a workforce ready for the quantum age.“Quantum innovation requires significant R&D investment. We urge private sector stakeholders to collaborate with the government in funding research hubs and pilot projects. “Africa, with its youthful population and untapped potential, can leapfrog into the quantum economy by: Leveraging blockchain for transparent capital markets; Adopting AI and big data to enhance financial inclusion and creating innovation sandboxes to test emerging technologies. “Nigeria, as Africa’s largest economy, must lead this charge. The SEC is exploring policies to support tokenized assets, digital securities, and green bonds—all aligned with a sustainable, tech-driven future”.NEWS
Osun HoS, Aina Celebrates Adeleke’s Chief of Staff, Akinleye on Birthday Anniversary

From Ayinde Akintade, Osogbo
Osun State Head of Service, Elder ‘Leye Aina has rejoiced with the Chief of Staff to Governor Ademola Adeleke, Alhaji Kazeem Akinleye, on his birthday today
The Head of Service in his birthday’s congratulatory message to the Chief of Staff and made available to newsmen in Osogbo, the Osun State capital, noted that Alhaji Akinleye is not only a God – given gift to the incumbent administration of Governor Adeleke, he is a complete divine gift to his ancestral home of Edeland because of his laudable contributions.
“Alhaji Akinleye is one of the very few political giants and highly experienced politicians who started his political career from the position of a Ward Councillor and rose to become a Local Government Chairman before his appointment as the Chief of Staff.
“In the history of Osun State, Alhaji Akinleye can be described as the best Chief of Staff so far who is accessible, firm, humane, approachable and ever ready to defend the truth.
“The Chief of Staff’s remarkable qualities, including forthrightness, contentment, courage, genuine friendship and compassion, have made him a beloved figure among his admirers, colleagues and associates.
The Head of Service noted that his heartfelt message includes prayers for Alhaji Akinleye’s continued strength, joy and influence. He prayed that his star will never go dim.
“As I wish you Happy Birthday, long life and prosperity, may the Almighty God never deny you of the reward of your love and sacrifice.
“On behalf of my family, I say Happy Celebration to you, our own Chief of Staff, the Head of Service concluded.
Foreign News
China Tightens Export Rules for Crucial Rare Earths

China has tightened export controls on rare earths and other materials critical for advanced tech manufacturing as trade negotiations continue with the US.
It processes around 90% of the world’s rare earths, which go into everything from solar panels to smartphones – a key bargaining chip ahead of an expected meeting between Chinese leader Xi Jinping and his US counterpart Donald Trump this month.
Beijing had already restricted processing technology and unauthorised overseas co-operation, but Thursday’s announcement formalised the rules.
Foreign companies now need the Chinese government’s approval to export products with even small amounts of rare earths and must explain their intended use.
The ministry announced similar restrictions on the export of lithium batteries and some forms of graphite, which are also essential components in the global tech supply chain and largely produced in China.
Beijing said the regulations are intended to “safeguard national security”. One of the main targets of these controls appears to be overseas defence manufacturers, including those in the US, who rely on rare earths from China.
China had added several rare earths and related material to its export control list in April, as the trade war with Washington ramped up, which caused a major global shortage.
But the new announcement makes clear that licenses are unlikely to be issued to arms manufacturers and certain companies in the chip industry.
Even the technology used to mine and process rare earths, or to make magnets from rare earths, can only be exported with permission from the government, the Commerce Ministry said.
Chinese firms are also banned from working with foreign companies on rare earths without government permission.
The latest announcement also clarifies the specific technologies and processes that are restricted.
These include mining, smelting and separation, magnetic material manufacturing, and recycling rare earths from other resources.
The assembly, debugging, maintenance, repair, and upgrading of production equipment are also prohibited from export without permission, the announcement added.
This could have a major impact in the US, which has a significant rare earths mining industry but lacks processing facilities.
The new regulations create Beijing’s version of US rules which block countries from selling chip-making equipment to China.
The US has used those measures to slow China’s development of powerful chips that could be used for artificial intelligence (AI) with military applications.
Trade expert Alex Capri believes China’s new regulations “are specifically timed” ahead of Xi and Trump’s expected meeting later this month.
Beijing has targeted key vulnerabilities in US electronics and weapons manufacturing, mirroring America’s earlier moves against China’s chip industry, he added.
Rare earths are a group of 17 chemically similar elements that are crucial to the manufacture of many high-tech products.
Most are abundant in nature, but they are known as “rare” because it is very unusual to find them in a pure form, and they are very hazardous to extract.
Although you may not be familiar with the names of these rare earths – like neodymium, yttrium and europium – you will be very familiar with the products that they are used in.
For instance, neodymium is used to make the powerful magnets used in loudspeakers, computer hard drives, electric car motors and jet engines that enable them to be smaller and more efficient.
China has a near monopoly on extracting rare earths as well as on refining them – which is the process of separating them from other minerals.
The International Energy Agency (IEA) estimates that China accounts for about 61% of rare earth production and 92% of their processing.
Foreign News
Madagascar President Asks for One Year to Resolve Problems or Resign

Madagascar’s President Andry Rajoelina has asked for one year to fix the country’s challenges, promising that if they persist, he will resign.
He said this during a town-hall style meeting at his palace with various groups of government supporters. Many attendees had the opportunity to ask the president questions or simply share their views – to which he responded.
“I don’t want flattery.
I want to hear the truth. It’s the people who kept telling me that everything was fine who are responsible for our current situation,” he said.The movement behind the protest, known as Gen Z Mada, has been calling for the president to resign – and rejected an invitation to attend the talks.
They argue that they cannot engage a government that has been repressing them as they demand basic human rights. The group has called for new protests on Thursday.
“We refuse the president’s invitation to talks. We will not engage in dialogue with a regime that represses, assaults, and humiliates its youth in the streets,” they wrote on their Facebook page.
At the expiry of their 48-hour ultimatum for the president to resign, the group called for a nationwide strike, although the details remain unclear.
They have vowed not to back down, urging people from all regions to join them and declaring that “the Malagasy people do not submit”.
Rajoelina has been holding these meetings as part of his pledge to “listen more”, emphasising that the challenges facing the Indian Ocean island nation can only be solved through honest conversations and not protests.
The president assured those at the dialogue that ongoing power projects would address the recurring outages by adding 265 megawatts to the national grid.
“I swear that if power cuts persist in the capital within a year, I will resign,” he said.
The protests began on 25 September triggered by anger over persistent power and water shortages, and have escalated into broader dissatisfaction over corruption, high unemployment and the cost-of-living crisis.
Last week, Rajoelina sacked his entire government and appointed an army general as prime minister on Monday. The protest movement rejected the appointment and vowed to continue their struggle.
Rajoelina came to power in 2009 after leading mass protests that triggered military intervention and overthrew then-President Marc Ravalomanana.
Although the youth-led movement continues to demand his resignation, street protests appear to have weakened.
Life in most parts of the capital, Antananarivo, continues as normal, except in a few neighbourhoods with a heavy police presence, where some roads have been blocked or are being closely monitored.
At least 22 people have died in clashes with security forces and scores more have been injured, according to the United Nations. The authorities have disputed these figures.