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Azentio Software Appraised at Maturity Level 5 of CMMI V2.0 Model

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Azentio Software, a financial technology company with a strong presence across APAC, Middle East and Africa, is pleased to announce that its Middle East Banking Division has been appraised at Level 5, the highest maturity level of the CMMI Institute’s Capability Maturity Model Integration (CMMI)® for New Product Release and Implementation.

This appraisal has put Azentio Software Middle East in a very selective global list of high-performing organizations having successfully achieved the highest maturity level of CMMI V2.0 model. This thorough assessment has been carried out by Software Quality Center LLC., a premier ISACA partner.

CMMI is a capability improvement approach that provides organizations with best practices that ultimately improve their key capabilities and performance. An appraisal at Maturity Level 5 indicates the organization is performing at an “optimizing” level.

At this level, an organization continually improves its processes based on a quantitative as well as qualitative understanding of its business objectives and performance needs. The organization uses a quantitative approach to understand the variation inherent in processes and the causes of process outcomes.

This distinction reinforces Azentio’s role as a trusted information technology solutions provider for clients in banking, financial and insurance services, and adds to its successful attainment of ISO/IEC 27001:2013 milestone for establishing robust Information Security Management System and ISO 9001:2015 for Quality Management Systems.

Commenting on the news, Mohammed Kateeb, Global Head of Islamic Banking and President, Middle East & Africa at Azentio and Appraisal Sponsor, said, “The CMMI Level 5 rating is a strategic milestone in our journey to become the preferred IT partner of forward-thinking organizations.

“Achieving the highest maturity level of the new CMMI V2.0 model for New Product Release and Implementation of our Banking Division is an affirmation of the company’s absolute commitment to quality processes and excellence, and competence to continuously evolve, adapt and grow to meet the complex needs of its clients, while delivering business value.

“Our commitment to quality is one of our core values aimed at driving innovation, efficiencies and ensuring we embed best practices in everything we do.”

Kris Puthucode, Certified CMMI High Maturity Lead Appraiser at Software Quality Center, said, “The team at Azentio Software Middle East are passionate about improving processes to deliver best-in-class products as well as elevated implementation services to their clients.

“Being a niche and an award-winning market leader in their area of expertise in the financial sector, using the CMMI models for more than a decade now, has enabled superior standard of deliverables, and with the additional rigor of CMMI V2.0 and high maturity concepts, Azentio’s team will be able to use advanced statistical methods to predict several key parameters on projects and products.

“This Maturity Level 5 appraisal further reinforces their commitment to client satisfaction and defect-free delivery. It has been a pleasure working with them.”

Azentio Software Middle East is proud to be the 47th company to be appraised at CMMI Development V2.0 (CMMI-DEV) with Supplier Agreement Management (SAM) Maturity Level 5 of the total 10,569 appraisals done worldwide, helping the company to optimize performance by focusing on improving product quality, productivity, and client delight.

 


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INEC Warns of Fake Ad-hoc Staff Recruitment Portal

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Independent National Electoral Commission (INEC) has raised alarm about a fake and unauthorized website falsely claiming to be an “INEC Ad-hoc Staff Recruitment Portal 2026.”

INEC Warns of Fake Ad-hoc Staff Recruitment Portal

The Commission raised the alarm in a statement published on its website late Tuesday.

It identified the fake recruitment website as okripeti.org/Inec-ADhoc-Sta…

The Commission affirmed that the website is fake and not affiliated with the it in any way.

“Members of the public are advised that any information, statistics, or application forms on this website are false, misleading, and intended to deceive unsuspecting applicants.”

It also advised anyone who has already registered on the fake portal to discontinue immediately and reapply only through the official INEC links provided above.

“INEC remains committed to transparency, credibility, and the protection of the public from fraudulent activities,” the Commission said.

The Commission also said it conducts Ad-hoc Staff recruitment ONLY through its official platform known as INECPRES.

It listed the only authentic links for the 2026 FCT Area Council Election Ad-hoc Staff recruitment as: •🌐 Web & iOS: pres.inecnigeria.org •📱 Android (Mobile App): presmobile.inecnigeria.org

It added that any other website or link outside the above is not authorized by INEC.

It thereforfore advised prospective applicants to verify all recruitment information using INEC’s official websites, not to click or register on suspicious or unofficial links
not to submit personal details (BVN, passwords, OTPs, or bank details) on non-INEC platforms and to always check that the URL ends with inecnigeria.org


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NRS Boss Dismisses Fears of Political Weaponisation in Tax Reforms

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Dr. Zacch Adedeji, Chairman of the Nigeria Revenue Service (NRS), has allayed fears that the new tax reform framework could be weaponised by the Federal Government to target political opponents or individuals based on affiliation.

NRS Boss Dismisses Fears of Political Weaponisation in Tax Reforms

Dr. Zacch Adedeji

Adedeji, responding to concerns over potential selective enforcement or politically motivated tax scrutiny, insisted the reforms prioritise national interest, transparency, due process, and institutional accountability.

Addressing speculations on suppressing opposition voices ahead of elections, he said: “I think the question you will ask is that we need to commend the courage of Mr. President, that despite the fact that there is an election coming, he is courageous enough to continue on this path of statesmanship and not of politicians.”

The NRS boss explained that it would have been politically expedient to shelve the reforms during an election cycle, but President Bola Tinubu opted to strengthen the country’s fiscal foundation and economic governance.

He outlined that the agenda targets structural tax system weaknesses, enhances fairness, and fosters a simplified, predictable compliance environment to boost voluntary participation over coercion.

Adedeji attributed public scepticism to Nigeria’s history of perceived institutional misuse, but stressed the new framework minimises administrative discretion through rule-based processes, automation, accountability, and governance safeguards insulated from political influence.

According to him, the reforms emphasise taxpayer trust, linking taxes to visible public service improvements while expanding growth opportunities and sustainable public finances.

He reaffirmed the focus on economic stability, credible institutions, phased implementation, investment support, vulnerable group protection, and freedom from partisan interference.


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Court Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank

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An Ikeja Special Offences and Domestic Violence Court on Monday sentenced Olawale Faleti, a former Lagos State Education director, to two years and five months’ imprisonment for stealing ₦48.9 million from Access Bank Plc.

Court Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank

Justice Rahman Oshodi convicted Faleti, 64, on five counts of stealing after finding him guilty of charges filed by the Economic and Financial Crimes Commission (EFCC).

In his judgment, Oshodi said the offence was deliberate and sustained, noting that Faleti carried out repeated withdrawals despite knowing he had no authorisation to access the funds.

The judge added that the convict failed to show genuine remorse or fully accept responsibility for his actions.

“Financial institutions are the lifeblood of our economy and public confidence in them must be preserved,” Oshodi said, adding that “Those who attempt to defraud or steal from banks must understand that severe consequences will follow.”

While acknowledging Faleti as a first-time offender, the court said a custodial sentence was unavoidable.

The judge applied a 20 per cent reduction from the three-year maximum sentence, citing minimal restitution efforts as a mitigating factor.

Faleti was sentenced to two years and five months’ imprisonment on each of the five counts, with the sentences ordered to run concurrently.

The court directed that the sentence take effect from January 5, 2026, and ordered that Faleti’s biometric details and name be entered into the Lagos State Judiciary offenders’ registry.

After deducting ₦3 million already restituted, the court ordered Faleti to pay an outstanding ₦45.9 million to Access Bank Plc, directing the bank to notify the court upon full recovery of the funds.

Earlier, Mr Ahmed Dambuwa, EFCC counsel, told the court that Faleti dishonestly converted ₦48.9 million belonging to the bank by exploiting unauthorised access to an Access Bank credit card.

He said the card permitted withdrawals of not less than ₦43,000 per transaction, but a system glitch enabled Faleti to withdraw about ₦48 million during the COVID-19 pandemic in 2020.

One of the charges stated that between July 2 and July 10, 2020, Faleti converted ₦12.6 million for personal use, while another alleged that between May 22 and July 1, 2020, he converted ₦6.9 million, all property of Access Bank Plc.

The offences were said to contravene Section 287(1)(a) of the Criminal Law of Lagos State, 2015.


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