E-Business
Yudala, Mobile Monday Records Huge Traffic
Yudala, Nigeria’s first true composite online and offline retail chain on Monday recorded huge traffic for the latest edition of its weekly promotion tagged Mobile Monday, with the e-commerce outfit attracting major hits to its website and increased footfalls at its experience stores nationwide on a day which saw the X-Touch smartphones emerge one of the best-selling brands most requested by shoppers.
Yudala had flagged off the weekly mega sales promotion in February, with the company positioning it as a day on which shoppers can enjoy exclusive deals and best prices on a wide range of mobile devices including mobile phones, laptops, tablets, smart TVs and accessories, among others.
Known as Mobile Monday, the promotion had grown in popularity since inception with best-selling products from top brands including Apple, HP, Infinix, Innjoo, Alcatel, Lenovo, Samsung, X-Touch and Huawei, among others, featuring heavily in the sales.
Interestingly, Monday’s promotion had seen the new X-Touch E1, Apple IPhone 5S and the Innjoo 1 which Yudala had bundled with a free flip cover enjoy best-seller status from orders processed on the Yudala website as well as from visitors to the Experience Stores.
Investigations reveal that based on increasing acceptance and testimonials from shoppers on the promotion, Yudala had unveiled a number of marketing partnerships with a slew of major brands for this week’s edition of Mobile Monday which had seen the company offer shoppers mouth-watering deals and bundled sales on various mobile devices.
Unsurprisingly, these had seen interest and demand spike in the promotion, with findings revealing that the company had begun receiving orders online as early as midnight.
Apart from the multiple traffic witnessed online, heavy foot traffic was also reported at the Yudala Offline Experience Stores in various cities as eager shoppers sought to take advantage of the surprise deals and attractive prices on offer for the over 500,000 mobile devices from various Original Equipment Manufacturers (OEMs) which went on sale on Monday.
Among the special packages witnessed on Monday was a partnership with foremost financial institution UBA which offered shoppers an exclusive deal on the Infinix Hot Note complete with a free pouch for UBA card holders.
Yudala had also offered shoppers a chance to enjoy special deals during a flash sale at specific hours on Monday, with huge price slashes witnessed on select devices at 12pm, 3pm and 6pm. Customers had gone on a rampage to get the most subscribed deal of the day – HP 250 G4 Notebook which came with a free bag & F&D V10 2.0 Speaker. Additional surprise for shoppers was the introduction of the Samsung 20” TV flash sale.
According to Prince Nnamdi Ekeh, founder/vice president, Yudala, shoppers can buy all kinds of mobile devices on every day of the week from Yudala.
He, however, revealed that the company had decided to set aside Mondays as a unique day on which special deals and mouth-watering deals on various mobile devices can be enjoyed.
“Although mobile devices are on sale every day of the week at Yudala, we have decided to set aside every Monday in 2016 as a day on which our esteemed customers can get the best prices and surprise deals on mobile devices from the best, the biggest and most renowned brands.
“Through the Yudala Mobile Monday, we are offering Nigerians an opportunity to meet their needs and upgrade their lifestyles at a cost that makes sense in line with the current atmosphere of reduced earnings.
“I am confident that in no time, this promotion will certainly occupy the minds as the biggest single day sales of mobile devices in the country. We are seeing the signs of this movement from Nigerians already and on our part, we will keep doing our best to ensure we make the best mobile devices available at the right prices every Monday,” he promised.
Yudala launched into the market late last year with great panache and marketing blitz, successfully expanding the nation’s e-commerce and offline retail space with several innovative strategies including the first ever drone delivery in Africa, Neighbour to Neighbour Mega Deals, Gyming with the Stars series, Monthly Mid-Day Madness and Yu-jara – Nigeria’s largest festive Seasons Sales, among others.
Yudala prides itself for genuine products and for being the fastest pay on delivery composite e-commerce company in the country.
E-Business
NITDA DG Reaffirms FG Commitment to Responsible and Inclusive AI

The Federal Government of Nigeria has reaffirmed its commitment to building a responsible, inclusive, and sovereign artificial intelligence ecosystem to enable Nigeria to transition from being a passive consumer of AI technologies to an architect and builder of indigenous AI systems.

This was said by the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi CCIE, while delivering a virtual address at the InnovateAI Conference held in Lagos.
The conference brought together policymakers, technology leaders, innovators, and stakeholders to discuss the future of artificial intelligence and its role in driving Nigeria’s digital economy and national development agenda.
Inuwa outlined Nigeria’s ambition to transition from being a consumer of artificial intelligence technologies to becoming a builder and owner of AI systems that reflect national values and priorities, in line with the National AI Strategy.
“Our goal is not just to use AI, but to architect and build our own AI systems in Nigeria,” he said, stressing that the country must take ownership of its AI future.
He noted that Nigeria’s approach to artificial intelligence extends beyond innovation to include governance, infrastructure, data sovereignty, and policy evolution.
According to him, “Responsible AI is never a finished job; it is an iterative journey. Our policies must evolve as the technology evolves, and we must avoid frozen laws by adopting living policies that adapt over time.”
He cited the implementation of the Digital Economy and E-Governance Bill as a key mechanism for generating insights that will help refine AI regulations and governance frameworks.
Inuwa also highlighted the challenge of data representation in global AI systems, noting that most models are trained on non-African datasets, which often results in bias against local dialects, cultures, and demographics.
“If a model shows bias against a local dialect or demographic, we cannot just patch it. We must reinvest in infrastructure to retrain it with inclusive and representative local datasets,” he stated.
He added that building national AI infrastructure is critical to achieving data sovereignty and ensuring that Nigeria is not merely an end user of foreign AI systems.
He further called for strategic partnerships with global technology companies and hyperscalers to build AI infrastructure in Nigeria while aligning with local values and national priorities.
“The world today is a global village. We need to work with global players, but they must understand our local nuances and help us build the infrastructure to retrain and develop AI models that reflect our context,” he said.
The NITDA Director General explained that adopting a comprehensive AI lifecycle approach, from responsible data collection and governance to deployment and continuous feedback, will enable Nigeria to move from reacting to AI developments to proactively designing indigenous AI systems.
“Without understanding how AI models are trained, how decisions are made, and how models are retrained, it will be difficult to build a responsible and trustworthy AI system,” he warned.
He reaffirmed that the Federal Government is intentional about promoting responsible AI and is working closely with the technology ecosystem to co-design national AI guardrails. He described platforms such as the InnovateAI Conference and other national AI dialogues as critical to shaping Nigeria’s AI future.
E-Business
Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial capacity and unwavering commitment to prompt claims settlement.

Mutual Benefits Assurance
A breakdown of the figures shows that ₦3,426,602,834.28 was paid under its General (Non-Life) Insurance portfolio, while ₦2,511,062,519.29 was paid across its Life businesses, including Group Life and Retail Life policies.
The significant payout within a single month reinforces Mutual Benefits’ reputation as a dependable insurer that honors its obligations swiftly and responsibly.
Commenting on the development, Olufemi Asenuga, Managing Director, Mutual Benefits Assurance Plc stated that claims settlement remains the core promise of insurance and the ultimate test of an insurer’s credibility.
“Insurance is built on trust. Our ability to settle over ₦5.9 billion in claims in one month demonstrates not only our financial strength, but also our deep commitment to our policyholders. At Mutual Benefits, we do not just sell policies. We stand by our promises,” he said.
With over three decades of operations, Mutual Benefits has consistently positioned itself as a strong and well-capitalised insurer.
The company operates both Life and General Insurance businesses and remains fully compliant with regulatory capital requirements as stipulated by the National Insurance Commission (NAICOM).
The January payout reflects Mutual Benefit’s robust underwriting standards, prudent risk management practices and efficient claims administration framework.
It also aligns with the company’s broader record of substantial claims settlement in recent years, reinforcing its standing as a trusted brand in the Nigerian insurance industry.
Mutual Benefits employs over 5,000 staff, managed by seasoned management team and an experienced Board of Directors. Industry observers note that prompt claims payment remains one of the most critical differentiators in Nigeria’s competitive insurance landscape.
By consistently settling valid claims without delay, Mutual Benefits continues to strengthen customer confidence, deepen market trust and expand its footprint across retail and corporate segments.
As the company begins 2026 on a strong footing, it reiterates its commitment to innovation, service excellence and delivering value to policyholders and stakeholders alike. Mutual Benefits Assurance focused on its mission to provide reliable risk protection solutions while maintaining the highest standards of professionalism and integrity.
E-Business
NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity warning about a serious Microsoft Office vulnerability (CVE-2026-21509) that attackers are actively exploiting.

This advisory, shared through Nigeria’s Computer Emergency Response Team (CERRT.NG), highlights the risks of this flaw and recommends immediate action to protect systems.
Microsoft has released quick security updates to fix this vulnerability, which has a severity score of 7.8, showing it is a serious risk. Attackers have already used it in targeted attacks.
CVE-2026-21509 affects multiple versions of Microsoft Office, including Office 2016, Office 2019, Microsoft 365 Apps, Office 2021, and later versions.
This flaw allows attackers to bypass security features meant to stop harmful Object Linking and Embedding (OLE) controls. OLE is an older Microsoft technology that can be used to embed links or content, but it has often been exploited by malware.
By exploiting this flaw, attackers can create specially designed Office documents.
When a user opens these documents, they can run malicious code or gain further access to the system.
Exploitation requires user interaction, meaning attackers often trick people into opening harmful Word, Excel, or other Office documents. Common methods include using email attachments or files from untrusted sources.
Because Microsoft confirmed that the vulnerability is being actively exploited, they have made emergency security updates available outside their usual schedule. Users and organisations should:
- Install the latest Microsoft Office security updates for all affected versions.
- Restart Office applications for Office 2021 and later to ensure that the updates take effect.
- Use registry-based settings for protection if updates can’t be applied right away.
- Follow good cybersecurity practices, like using endpoint protection and filtering emails.
Microsoft’s updates for Office 2021 and newer versions are automatically applied, but need a restart of the applications to be active.
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