
Iran accused the United States of violating the peace deal for the Middle East war after the US launched strikes on Iranian territory, to which Tehran responded with attacks on US targets in the Gulf. This exchange of fire followed a US accusation that Iran attacked a cargo ship in the Strait of Hormuz. US Central Command stated its strikes on Iranian missile and drone sites and coastal radar positions were a response to "unwarranted aggression against commercial shipping by Iranian forces" that "clearly violated the ceasefire." Iran's foreign ministry called the US attacks a "blatant violation" of the memorandum of understanding to end the war. Iran's Revolutionary Guards claimed to have struck US sites in the Gulf region in retaliation, warning of a broader response if aggression continued. Bahrain's foreign ministry reported being targeted by Iranian drones and condemned the attacks. Despite the escalation, oil prices fell on hopes that traffic through the Strait of Hormuz would recover. Separately, Israel and Lebanon signed an agreement with the US to pave the way for peace on their front, which includes Lebanese soldiers taking control of two areas occupied by Israel and a process to disarm Hezbollah. Israeli Prime Minister Benjamin Netanyahu welcomed the framework as a victory against Iran, while Lebanese President Joseph Aoun called it a "first step." Hezbollah supporters protested the agreement in Beirut. The UN nuclear watchdog warned that any final US-Iran settlemen
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This summary was AI-generated from a story originally published by Punch Nigeria.

The Nigeria Sovereign Investment Authority has launched the fourth edition of its Prize for Innovation, NPI 4.0, offering a total prize pool of $275,000 to support Nigerian startups. The initiative aims to identify and assist high-potential businesses developing solutions in manufacturing, climate and food security, and healthcare. NSIA spokesperson Joyce Onyegbula stated that the program, themed “Building for Impact,” focuses on strengthening productive capacity, improving healthcare, enhancing food security, and advancing climate resilience. The program has attracted over 20,000 applications in its first three editions from various sectors. This year's prize money includes $220,000 from NSIA, $45,000 from Cascador, and $10,000 from Wema Bank. Winners can also secure up to $1.5 million in additional funding through the Pula Xcelerator program and compete for N100 million in equity-free grants at the Wema Bank Hackaholics program. Additionally, winners will participate in a fully funded program at the Enterprise Development Centre in Lagos for training in business strategy, leadership, governance, financial management, market expansion, and investor readiness. Aminu Umar-Sadiq, Managing Director and Chief Executive Officer of the NSIA, emphasized the authority's commitment to helping entrepreneurs transform innovative ideas into sustainable businesses. Executive Director of Cascador, Trish Thomas, confirmed their contribution of $45,000 in non-dilutive funding through the Cas

The Director-General of the Department of State Services, Oluwatosin Ajayi, ordered the release of Nura Idris, a man previously accused of Boko Haram ties, after an internal review found no evidence against him. Idris, a farmer and herder from Kaduna State, was arrested in June 2024 by a sister security agency in Niger State before being transferred to DSS custody. He received N3 million in immediate financial compensation, and the DSS pledged additional support to help him rebuild his livestock business. This release is part of an internal review exercise by the Service to reassess prolonged detention cases and ensure innocent individuals are not unjustly held. Other individuals, including Sunday Ifedi, Chineze Ozoadibe, Kenneth Okechukwu Nwafor, and Ya’u Mohammed, have also been released and compensated after similar reviews.

Industry experts have cautioned that inadequate technical skills and poor installation practices could jeopardize the Federal Government's Project BRIDGE, which aims to deploy 90,000 kilometers of fibre-optic cables. This warning was issued during a two-day Siemon Certified Installer training program in Abuja, emphasizing the need for strict adherence to international cabling standards. Project BRIDGE is a $2 billion initiative designed to expand Nigeria's fibre backbone from approximately 35,000km to 125,000km, connecting all 36 states and the Federal Capital Territory, and enhancing broadband penetration. The training, organized by The Siemon Company and Mart Networks Group, seeks to equip installers with the necessary technical skills. Adewale Olagbenro, Siemon's Regional Sales Manager for West Africa, highlighted that poor installation is a primary cause of network failures. He stressed the importance of following international standards for network infrastructure and noted Nigeria's lag in digital infrastructure and technical expertise. Dinesh O.P., The Siemon Company's Technical Manager for Africa, added that many organizations underestimate the importance of structured cabling and proper installation, warning that substandard products and practices can degrade network performance. Esther Oyedokun, Country Manager of Mart Networks Group, stated the program aims to certify engineers and installers to effectively deploy structured cabling systems, ensuring optimal results