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Cinemas, Gyms, Midweek Religious Services Reopen in Lagos
By Dipo Olowookere
Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the reopening of cinemas and gyms in the state after they were shut down about six months ago.
The facilities were closed as part of efforts to contain the spread of coronavirus in the metropolis and the country at large.
During his regular media briefing on Saturday, Mr Sanwo-Olu noted that cinemas and gyms would for now be allowed to operate with a maximum of 33 per cent occupancy, stressing that there must be a minimum of two empty seats between occupied seats in the cinemas.
He emphasised that operators of gyms in the state must constantly disinfect their machines and equipment throughout the day, warning that failure to adhere to this instruction would have consequences.
However, he said night-clubs, bars, event centres, spas and public parks will remain closed for now, noting that the state government would take definite decisions on the reopening next month.
The Governor further announced that mosques in the state are permitted to observe daily prayers, while churches can start mid-week services.
“As regards our places of worship, we are now also permitting the mosques to resume their five times daily prayers; and in the case of churches, they are now also permitted to resume their mid-week services,” he said.
However, Mr Sanwo-Olu warned that, “We must not forget that the Coronavirus pandemic is still very much with us, and we must, therefore, strive to prioritise the safety of all our children, teachers, parents, and the entire society.”
On the reopening of schools, he said permission has been granted for the re-opening of basic and secondary schools, stressing that only pupils in Junior Secondary School Three (JSS 3) and Senior Secondary School Two (SSS 2) are allowed to resume for physical classes in public schools.
He explained that public schools’ resumption would allow the JSS 3 pupils to revise and prepare for Basic Education Certificate Examination (BECE) slated for October 12, 2020, while students in SSS 2 will use the period to prepare for their transitional exams to SSS 3.
Unlike the resumption schedule for the public schools, the Governor permitted all levels of class in private schools to resume, but with strong advice to private school owners to consider implementing a staggered daily resumption schedule and classes on alternate days during the week.
But he emphasised that all pre-primary school classes, including nursery, day-care centres and kindergarten, in both public and private schools are not permitted to open.
“It has become necessary to issue clarifications regarding the resumption of schools, in order to clear any confusion that may have arisen since the resumption date was announced.
“Public Schools will adopt a phased protocol for the resumption of physical classes. Students in JSS 3 and SSS 2 in public schools in Lagos are to resume physical classes from September 21.
“In the same vein, all private primary and secondary schools are permitted to resume from September 21. We have strongly advised school owners and managers to put safety first and open in phases similar to the announced schedule for public schools.
“School owners and managers are advised to seriously consider implementing a staggered daily resumption schedule, classes on alternate days during the week, and utilization of distance learning methods as a complement to physical classes.
“All pre-primary – nursery, day-care and kindergarten – classes and schools in both public and private schools must remain closed,” the Governor announced yesterday.
The Governor said all re-opened schools must comply with safety protocols and hygiene guidelines as instructed by the State Government through the Office of Education Quality Assurance (OEQA). He said the department would monitor and evaluate Schools’ preparedness.
“For all other public school classes in primary school and JSS 1, JSS 2, and SSS 1, announcements for resumption will be made as soon as the State Government is satisfied that all necessary resumption protocols have been put in place.
“In the meantime, these yet-to-resume classes in public schools are expected to continue their lessons on our various distance learning platforms (online, radio, television and WhatsApp) pending the announcement of dates for physical resumption,” he said.
From next week, Sanwo-Olu said all primary and secondary schools in the state that have more than two-storey structures will be subjected to integrity test to ensure the safety of pupils.
The Governor spoke against the backdrop of the Saturday collapse of Excel Secondary School, a private school in Ejigbo area of the state.
The school, Mr Sanwo-Olu observed, flouted the state’s structural regulations, resulting in its collapse and directed the complete demolition of the failed structure, while directing the Ministry of Physical Planning and Urban Development to embark on integrity test on all schools’ structures.
By Adedapo Adesanya
The federal government has issued a data protection compliance circular to all Ministries, Departments and Agencies (MDAs) to promote public trust through data-driven governance.
The compliance directive is contained in Circular No. 59805/S.I/74, dated 27 July 2026, and signed by the Secretary to the Government of the Federation, Mr George Akume, according to a statement by the Head, Legal, Enforcement & Regulations, Mr Babatunde Bamigboye.
The initiative forms part of a continuum of regulatory measures that will be vigorously pursued as Nigeria advances towards the decisive frontiers of the Fourth Industrial Revolution.
The circular drew the attention of MDAs to a statement of President Bola Tinubu, where he said: “Data is the new oil”.
Mr Akume then directed all Ministries, Extra-Ministerial Departments and Agencies to capture the information rigorously and safeguard it under the Nigeria Data Protection Act, 2023 (NDP Act).
The circular also directed MDAs to ensure full compliance with the NDP Act, Regulations, Guidelines, and Directives issued by the Nigeria Data Protection Commission (NDPC) in relation to the processing of personal data.
To this end, the Circular directs MDAs to, designate suitably qualified officers as Data Protection Officers (DPOs) to oversee data protection compliance and advise management on all matters relating to the lawful processing of personal data, ensure that the names and contact details of their designated DPOs are communicated to the NDPC for registration and official records; engage licensed Data Protection Compliance Organisations (DPCOs), where required, to facilitate compliance with the NDP Act and support the conduct of statutory compliance audits.
It also directed them to provide adequate budgetary allocation for data protection compliance activities, including capacity building, awareness programmes, deployment of appropriate technical safeguards, and periodic compliance audits; and submit all mandatory Data Protection Compliance Audit Returns and other statutory returns to the NDPC within the timelines prescribed by law.
The circular further states that “Permanent Secretaries, Accounting Officers and Chief Executive Officers of all MDAs shall be personally responsible for ensuring institutional compliance with the Circular and the provisions of the NDP Act.”
The National Commissioner/Chief Executive Officer of the NDPC, Mr Vincent Olatunji, expressed the commission’s commitment to supporting data-driven governance.
Mr Olatunji maintained that data accountability is pivotal to achieving the eight Presidential Priorities. To provide full technical support to MDAs for the purpose of achieving compliance, the commission has constituted a regulatory clinic.
By Adedapo Adesanya
Yellow Card, a global stablecoin infrastructure provider, has raised $40 million in a strategic funding round to accelerate its international expansion and strengthen its digital payment infrastructure.
The funding round attracted investments from SC Ventures, the innovation and investment arm of Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. With the latest raise, Yellow Card’s total equity financing has now exceeded $120 million.
The company said the fresh capital will be used to scale its Global US Dollar Accounts, an end-to-end dollar account designed for businesses, while expanding the stablecoin payment rails that connect businesses to markets around the world.
Yellow Card’s chief executive, Mr Chris Maurice, described the investment as a strong endorsement of the company’s long-term vision, noting that the company has spent years building infrastructure that allows businesses to move money globally without relying on traditional correspondent banking systems.
He added that the next phase of growth will focus on helping banks connect directly to stablecoin payment rails, enabling faster and more efficient cross-border transactions while expanding access to US Dollar services for businesses.
SC Ventures chief executive, Mr Alex Manson, said stablecoins are becoming an important part of global payments, but noted that widespread adoption will depend on reliable infrastructure and practical use cases.
He said Yellow Card has built the payment rails businesses across Africa need to move money efficiently across borders and expressed confidence in the company’s ability to expand both within Africa and internationally.
The investment also marks growing interest from global institutions in stablecoin-based payments. Sony Innovation Fund said its backing reflects confidence in Yellow Card’s ability to build digital payment infrastructure for emerging markets.
Mr Austin Noronha, Managing Director at Sony Ventures-US, said the company believes Yellow Card is creating the technology needed to help banks, financial technology firms and enterprises move money faster and more securely.
He added that the company looks forward to supporting Yellow Card as it expands beyond Africa into Latin America, the Middle East, Europe and the Asia-Pacific region.
Yellow Card said the funding will also support the wider rollout of its Global USD Accounts, which allow businesses to hold U.S. dollars, manage treasury operations, swap stablecoins, and collect or make payments in local currencies across more than 50 countries.
The company noted that the platform is already being used by major customers, including Visa and Western Union.
Founded to simplify cross-border payments through digital assets, Yellow Card has processed more than $10 billion in transactions across its network. The company supports over 50 currencies and holds licences, authorisations and registrations in 22 jurisdictions across North America, Europe and Africa.
Yellow Card has also established strategic partnerships with global payment companies including Visa, Mastercard, PayPal and Coinbase as it positions itself as a key infrastructure provider for international digital payments.
By Adedapo Adesanya
The National Economic Council (NEC) has approved a $4.5 billion arrangement for the Nigerian National Petroleum Company (NNPC) Limited aimed at strengthening the country’s external reserves and freeing up funds for infrastructure.
This is part of the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion facility named “Project Gazelle 2”.
The approval allows NNPC Limited to refinance the outstanding balance of approximately $1.5 billion under the original 2023 facility, while unlocking an additional $3 billion in liquidity to strengthen the country’s external reserves and support ongoing fiscal and infrastructure priorities of the government.
NEC’s approval followed a presentation by the Minister of Finance, Mr Taiwo Oyedele, which was presented by the Chairman of the Council, Vice President Kashim Shettima, underscoring the importance of the project.
NEC observed the significance of unlocking additional liquidity to the federation, among other benefits, pledging its support for the actualisation of the initiative.
The Finance Minister explained that the refinancing has been structured on more favourable terms than the original facility, including a reduction in the volume of pledged crude oil from 90,000 barrels of oil per day to approximately 78,750 barrels of oil per day – a 12.5 per cent reduction.
He noted that under the new arrangement, an additional 11,250 barrels of oil per day for the federation will be released, while there will be a reduction in the pledged crude volumes by the state oil company.
Mr Oyedele added that while accessing additional liquidity on improved terms, the arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures.
“The arrangement is freeing up resources for strategic national priorities while strengthening the country’s financing structures,” he said.
VP Shettima called for a responsive, scalable, and data-driven social protection policy to tackle multidimensional poverty in Nigeria.
According to Mr Shettima, government policies are often heard before they are seen, speak through the price of food, condition of hospitals, records in schools, strain on families, the confidence of those who invest their labour in the nation’s future, and, very importantly, the ambitions of state governments.
He implored members of Council to ensure that every decision they make assure the citizens “that their government is paying attention to the pulse of the nation and is resolved to respond with competence, compassion and purpose.”
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