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The Sultan of Sokoto, His Eminence, Dr Sa’ad Abubakar, on Saturday, urged Sokoto State to borrow a leaf from Kebbi State in view of its unique mode of playing politics. The Monarch was highly elated by the presence of three former governors of Kebbi State seated side-by-side with the incumbent governor for a lecture on Malam Abdullahi Fodio. He disclosed this at the maiden edition of Malam Abdullahi Fodio Annual Public Lecture 2024 held at the Presidential Lodge in Birnin Kebbi. Sultan described the scenario as unique, distinctive and unparallel worthy of commendation, saying that all the governors put aside their political differences and come together for a common goal of promoting Abdullahi Fodio’s legacies. “This is something that we need to borrow from Kebbi State. Today, we see all the three former governors seated together with the incumbent in a very historic event of Mallam Abdullahi Fodio Annual Public Lecture,” he said. The Sultan described Nigeria as a one big family in view of the cordial relationship that exists between different regions of the country, observing: “The event brought together different traditional rulers from across Nigeria.” This, according to him, signifies love, tolerance, understanding and accommodation among Nigerians regardless of culture, tribe or religion. Speaking on leadership, Sultan Abubakar advised Nigerians to stop castigating their leaders, instead, they should pray for them and tell them the truth. “It’s very important that we tell our leaders the truth, if they abide by it, good, if they refused, leave them to their creator. “Leaders should bear in mind that one day, they will stand before Almighty Allah to account for their stewardship. “In the affairs of people fear Allah (SWT), in the affairs of Almighty Allah fear no one. Leadership is all about justice, doing the right thing for the good of the people you lead,” he noted. In his speech, the Kebbi State Governor, Comrade Dr Nasir Idris, Kauran Gwandu appreciated Sultan for the accolades showered on the leaders, adding that he had served under all three former governors as a unionist. The governor assured that the lecture and all other cultural festivities in the four emirates of the state would be sustained to promote unity and understanding among different emirates. He used the occasion to officially change the name of the state university to Mallam Abdullahi Fodio. “Today I want to announce in order to keep the name for the younger once. I want to change the name of Kebbi State University of Science and Technology, Aliero to Mallam Abdullahi Fodio University, this is in respect for his efforts. “Kebbi State Government will do the needful by following the due process to actualise this mission,” he said. On their part, the former governors of the state, Sen. Adamu Aleiro, Alhaji Saidu Dakingari, and Sen. Atiku Bagudu, the Minister of Budget and Economic Planning, appreciated Gov. Idris for his support to the traditional rulers. They urged leaders at all levels to emulate the virtue and leadership style of compassion, tolerance, equity and transparency of Sheikh Abdullahi Gwandu. Prof. Bello Bada, Prof. Ja’afar Kaura, all from Usmanu Danfodiyo University, Sokoto as we all Sheikh Isah Talata-Mafara, presented papers on ,” Mallam Abdullahi Fodiyo on Good Governance; Responsibility of a Citizen to Constituted Authority and Relationship Between Teachers and Leaders among People”.Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Nvidia shares about 3% Monday. They are still up 179% so far this year. Considered a bellwether for artificial intelligence demand, Nvidia has led the AI sector to become one of the stock market’s biggest companies , as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems. Nvidia's shares have surged this year along with the California company's revenue and profit due to AI demand. According to data firm FactSet, about 16% of Nvidia's revenue comes from China, second only to its U.S.-generated revenue. A spokesperson for the company based in Santa Clara, California, said in an emailed statement that Nvidia is “happy to answer any questions regulators may have about our business.” In its most recent earnings release, Nvidia posted revenue of $35.08 billion, up 94% from $18.12 billion a year ago. Nvidia earned $19.31 billion in the quarter, more than double the $9.24 billion it posted in last year’s third quarter. The earnings release did not break out revenue from China. The company's market value rocketed to $3.5 trillion recently, passing Microsoft and briefly overtaking Apple as the world's most valuable company. China’s antitrust investigation follows a report this summer by technology news site The Information that the U.S. Justice Department was investigating complaints from rivals that Nvidia was abusing its market dominance in the chip sector. The allegations reported include Nvidia threatening to punish those who buy products from both itself and its competitors at the same time. David Bieri, an international finance expert at Virginia Tech, said that China’s investigation is “not about what Nvidia is doing in China, per se” but rather a signal to the incoming Trump administration. China, Bieri said, is looking to set the tone of future relations. The Chinese government, he said, is telling the U.S. “don’t mess with us, because all of your darling corporations that your version of capitalism needs to prosper have entanglements” with China. Nvidia will have to revise its strategy in China or come up with provisions in their budgets for the type of uncertainty business with China will bring, Bieri said. “I don’t think this is something that they can shake off,” he said. “I also have a tremendous amount of faith in the brilliance of the management strategy of a corporation like Nvidia to not only pay attention to credit risk, market risk and operational risk, but also to political risk.” Nvidia’s invention of graphics processor chips, or GPUs, in 1999 helped spark the growth of the PC gaming market and redefined computer graphics. Last month, it replaced Intel on the Dow Jones Industrial Average, ending the pioneering semiconductor company's 25-year run on the index. Unlike Intel, Nvidia designs but doesn’t manufacture its own chips, relying heavily on Taiwan Semiconductor Manufacturing Co., an Intel rival. Associated Press Technology Writer Sarah Parvini in Los Angeles contributed to this report.
SEOUL, South Korea (AP) — South Korean officials are struggling to determine what caused a deadly plane crash that killed 179 people, with the nation saddened, shocked and ashamed over the country's worst aviation disaster in decades. Many observers also worry how effectively the South Korean government will handle the aftermath of Sunday's crash as it grapples with a leadership vacuum following the recent successive impeachments of President Yoon Suk Yeol and Prime Minster Han Duck-soo, the country’s top two officials, amid political tumult caused by Yoon’s brief martial law introduction earlier this month. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Aneesah Morrow had 20 points and 18 rebounds as No. 6 LSU rallied to an 83-61 victory over Albany.Monday, December 30, 2024 Facebook Instagram Twitter WhatsApp Youtube Personal Finance Education Entertainment Jobs Alert Sports Hindi Technology Complaint Redressal. Fact-Checking Policy Correction policy Authors and Team DNPA Code of Ethics Onwership and Funding Cookie Policy Terms of Service Disclaimer Contact US About Us More Search Home Personal Finance UPI Rule Change: RBI allows UPI access for prepaid payment instruments via... Personal Finance UPI Rule Change: RBI allows UPI access for prepaid payment instruments via third party applications; know full details By Shyamu Maurya December 30, 2024 0 4 Share Facebook Twitter Pinterest WhatsApp Telegram UPI Rule Change: RBI allows UPI access for prepaid payment instruments via third party applications; know full details UPI Rule Change: According to the circular issued by RBI, only full-KYC PPIs will be allowed to be linked for UPI payments. UPI transactions initiated from a PPI will first be verified through the customer’s existing PPI credentials. RBI: To promote digital payments, the Reserve Bank of India (RBI) has taken a big decision. Now it will be possible to make payments using prepaid payment instruments (PPIs) through third party UPI apps. The central bank has claimed that this change will promote interoperability in the digital payments ecosystem. What are Prepaid Payment Instruments (PPIs)? Prepaid Payment Instruments is a system in which users can save funds in a card or digital wallet for upcoming transactions. It is usually used for subscriptions and remittances. This new rule of RBI connects PPIs to the UPI ecosystem. UPI is India’s strongest digital payment platform. What is the new UPI rule? Earlier, PPIs such as digital wallets, gift cards and metro cards could only be used through their respective apps. But now, PPI holders with full-KYC (Know Your Customer) can link their instruments to popular UPI apps such as Google Pay, PhonePe, Paytm and BHIM, just like bank accounts are linked. According to the circular issued by RBI, only full-KYC PPIs will be allowed to be linked for UPI payments. UPI transactions initiated from the PPI will first be verified through the customer’s existing PPI credentials. This pre-authorization process ensures that the transaction is verified before it is set up in the UPI system. Will make digital payments more convenient RBI has also clarified that PPI issuers, in the role of payment system provider, cannot onboard customers of any other bank or PPI issuer. This step has been taken to prevent potential conflict of interest and maintain a clear rule. This change will not only make digital payments more convenient but will also give new heights to the Digital India mission by making UPI stronger. Tags rbi RBI New Rules UPI Rule Change Share Facebook Twitter Pinterest WhatsApp Telegram Previous article iPhone banned: Now these three iPhone models will not be sold, Apple has banned their sale, what is the reason? Shyamu Maurya Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. 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By Agencies The Horn of Africa is currently at a breaking point, plagued by civil wars in Ethiopia and Sudan, the persistent al-Shabaab insurgency in Somalia, and growing tensions between Somalia and Ethiopia over a controversial port deal with Somaliland. Against this volatile backdrop, Djibouti recently hosted two major forums: the Heritage Institute for Policy Studies’ annual dialogue on regional stability and the East Africa Security Forum (EASF) . These forums aimed to address critical regional issues, yet glaringly overlooked Djibouti’s own internal crises, such as widespread hunger, poverty, and democratic deficiencies. This silence raises concerns about how international and regional stakeholders prioritize their agendas when hosting discussions in a nation grappling with significant domestic challenges. The Horn of Africa faces a complex web of conflicts. Ethiopia and Sudan’s civil wars have left thousands dead and millions displaced. Somalia’s battle against al-Shabaab continues to threaten regional stability, while the tensions between Somalia and Ethiopia over Somaliland’s port deal add another layer of discord. Djibouti, often perceived as a stable island amidst this chaos, plays a strategic role. Its location at the Bab el-Mandeb Strait has made it a hub for international military bases hosting troops from the U.S., China, France, Japan, and Italy. The country also serves as a center for regional diplomatic efforts. However, beneath this façade of stability lies a host of domestic crises that are often ignored in such high-profile gatherings. Djibouti faces severe food insecurity, exacerbated by prolonged droughts, economic vulnerability, and dependency on food imports (90% of its supply). Between April and June 2024, nearly 221,000 people—19% of the population—faced acute hunger, according to the Integrated Food Security Phase Classification (IPC). On the 2024 Global Hunger Index, Djibouti ranked 92nd out of 127 countries, with a “serious” hunger score of 21.2. With 42% of the population living in extreme poverty and a staggering 79% overall poverty rate, unemployment remains a key driver of humanitarian needs. Djibouti’s hot, arid climate limits agricultural production, leaving the country highly dependent on fluctuating international food prices. Djibouti’s maritime territory is increasingly plagued by illegal fishing, mainly by fleets from Yemen and China. These unregulated activities deplete fish stocks, disrupt local livelihoods, and damage the marine ecosystem. Worse, they facilitate organized crime networks using fishing vessels for smuggling goods, weapons, and people. The government’s inability to effectively monitor its maritime borders exacerbates the issue. International naval operations, such as those led by the European Union, focus primarily on combating piracy rather than illegal fishing, leaving this critical problem largely unaddressed. Domestically, Djibouti is criticized for its authoritarian governance under President Ismaïl Omar Guelleh, who has been in power since 1999. His government faces accusations of corruption, stifling dissent, and consolidating power. Allegations also link his administration to questionable ties with Somalia’s Salaam Bank, which has been associated with funding al-Shabaab. This political environment fosters widespread discontent and raises questions about the government’s ability to manage internal security. Djibouti’s lack of democratic freedoms and transparency has also hampered economic development, discouraging foreign investment and deepening inequality. Djibouti is a critical transit hub for migrants fleeing poverty and conflict in Ethiopia and Somalia, seeking better opportunities in Gulf countries. However, many fall victim to human trafficking networks that exploit the country’s weak border controls and law enforcement. Migrants face inhumane conditions, including forced labor and sexual exploitation, both en route and at their destinations. These trafficking networks use Djibouti as a gateway to Yemen, often transporting migrants in overcrowded, unsafe boats across the treacherous Gulf of Aden. Many do not survive the journey. Despite efforts by international organizations to combat trafficking, the problem persists, fueled by limited resources and weak governance. From November 25–27, the Heritage Institute’s forum brought together scholars, politicians, and traditional leaders to discuss regional instability, including the Ethiopian and Sudanese civil wars, Somalia’s political challenges, and the al-Shabaab threat. Similarly, the East Africa Security Forum, held from November 21–23 at Camp Lemonnier, emphasized inter- and intra-state conflict management, private-sector investment for stability, and combating tribal affiliations fueling regional discord. While these discussions addressed pressing regional concerns, they deliberately excluded Djibouti’s domestic struggles, such as hunger, poverty, and governance deficits. This omission reflects the delicate balancing act of hosting such events in Djibouti, where raising internal issues could be seen as diplomatically provocative and risk straining relations with the host nation. Djibouti’s carefully cultivated image as a stable partner allows it to escape scrutiny during such forums. As a key U.S. ally and host to its largest African military base, Djibouti enjoys diplomatic immunity from criticism of its internal governance. However, this narrative of stability comes at a cost. By avoiding discussions on Djibouti’s domestic issues, international actors risk perpetuating cycles of poverty, authoritarian governance, and economic stagnation. Ignoring these challenges undermines the very stability that Djibouti projects to the world.Nigeria gets Japan’s $108m for emergencfood security
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