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Leo Stan Ekeh Foundation Supports YUBOSS with N1.5Bn

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Mr. Leo-Stan Ekeh, chairman of Zinox Group
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The Leo Stan Ekeh Foundation which focuses on promotion of 21st century knowledge through quality education, practical entrepreneurship, healthy living and enhanced lifestyle has committed a whopping N1.5B to support YUBOSS – an entrepreneurship and wealth creation scheme set up by pioneer composite retail chain Yudala supported by Access Bank and Airtel.

The official unveiling of the ground-breaking YUBOSS scheme by Senator Chris Ngige, minister of Labour and Productivity, is scheduled for 6pm this Friday at the Sheraton Hotel Abuja, as part of activities at the Yudala Zero Gravity Contemporary Music Concert which will feature leading artistes such as Phyno, Naeto C, Cynthia Morgan and David Grey, among others. 

YUBOSS is a credible platform powered by Yudala for hard working Nigerian youths with the right business mindset and creative energy to become their own bosses and certified billionaires in the near future without being indebted to any bank.

YUBOSS members are entitled to attractive commissions and credit facilities as well as a wide range of benefits including business mentorship sessions and capacity-building workshops.

The scheme is structured to see members rise through the ranks and ultimately become the part-owner of a Yudala franchise store when they achieve platinum status.

According to Mrs. Ibukun Toluwase, head of Wealth Creation department of the Foundation – the sum of N500m will be disbursed to qualified agents of Yudala in the first 12 months’ interest free and those who perform exceptionally well, will benefit from an additional investment of N10m each, interest free for at least two years before repaying the capital.

The Foundation’s strategy is to partner indirectly with practical entrepreneurs who will not rely on banks to create billions, especially in this period when our banks are very reluctant to lend. 

“The aim is to use a successful platform such as Yudala Online and Offline retail stores located nationwide to build up quality entrepreneurs who can create, defend and sustain wealth even during disruptive periods such as the one we are passing through at the moment. All qualified YUBOSS members will be fully documented, trained and mentored by Mr. Ekeh himself. Already, we have installed digital infrastructure like Video Conferencing and other smart devices in major cities like Abuja, Port Harcourt, Imo and Lagos, among others to make online interaction live. We intend to achieve this in all state capitals for easier mentoring.

“With these in place, the interactions with these YUBOSS agents will take place once a month, irrespective of Mr. Ekeh’s location in the world. He will also engage physically with the agents every six months. The strategy is to create future strategic disruptive entrepreneurs who will become versatile in technology products, essential commodities and other lifestyle products in the country. This is the ambition of the Leo Stan Ekeh Foundation which has in the past 20 years quietly invested in quality education for youths, employment generation, strategic funding and support for informed but handicapped businesses and churches, among others,” she said.

Continuing, Mrs. Toluwase disclosed that: “This special funding which is focused on supporting practical entrepreneurs for a period of four years will help qualified persons effortlessly pay for products and services and it is our hope that within this period of four years, a good percentage of them will be rated as quality citizens of Nigeria. Like you know, we are not just trying to throw hard-earned money away. It is the desire of the founder to possibly grow one quality entrepreneur in each of the 774 Local Government areas that make up Nigeria. But you have to earn it to be qualified.”

Concluding, she said the Foundation’s strategy is to use credible platforms to support Nigeria and Nigerians.

“This is a spiritual commitment of the Founder who despite having companies in three continents, is a firm believer that Nigeria created the foundations for his little success in business.”


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NIGCOMSAT Adopts Government’s Performance System

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Nigerian Communications Satellite (NIGCOMSAT) Ltd, in a strategic move to modernise its operations and foster a results-oriented workforce, has officially adopted the Federal Government’s Performance Management System (PMS).

NIGCOMSAT Adopts Government’s Performance System

The initiative, aimed at driving efficiency and institutionalising accountability, was marked by an intensive staff training program designed to align the agency’s operations with national performance goals and the Presidency’s vision for a digital-first public sector.

According to a statement from Stephen Kwande, the Agency’s acting head of Corporate Affairs, “the transition to PMS is a departure from historical evaluation methods. The new system is designed to provide real-time performance tracking and instill a stronger work ethic across all directorates”.

Welcoming participants, Mrs. Jane Nkechi Egerton-Idehen, managing director/CEO of NIGCOMSAT, represented by Abiodun Attah, executive diirector, Technical Services, described the adoption as “long overdue.

She emphasised that the system is critical for ensuring that NIGCOMSAT contributes effectively to Nigeria’s broader digital economy targets.

In her opening remarks, Mrs. Chinwe Udogu, general manager, Human Resources Management,  expressed NIGCOMSAT’s enthusiasm for the program, urging staff to dedicate themselves fully to the three-day training.

She noted that the exercise was pivotal in repositioning the company to achieve its highest aspirations.

The training consultant, Mrs. Njoku Chioma, said the program is expected to drive culture change, automate work processes, and strengthen institutional performance.

The three-day training, jointly organised by the Office of the Head of Service of the Federation and NIGCOMSAT Management, covers key themes including:

• Overview of the FCSSI25 as an institutional performance-driven Federal Civil/Public Service

• Service culture and workplace attitude in the Nigerian public sector

• Implementation of the Performance Management System in NIGCOMSAT

• Application of Artificial Intelligence tools to enhance performance in the Nigerian public sector

The move comes at a time when NIGCOMSAT is expanding its footprint, with recent initiatives like the 2026 SpaceTech Accelerator Programme and partnerships for grassroots digital skills training.

By strengthening its internal management framework, the agency aims to ensure that its technical advancements in satellite technology are matched by an equally efficient administrative engine.


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Nearly 90% of Organizations Prefer Outsourced or Hybrid Models for their SOC

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Most companies choose to outsource at least part of their Security Operations Center (SOC), with a significant number adopting SOC-as-a-Service (SOCaaS), according to global research by Kaspersky.

This strategic move enables organisations to benefit from round-the-clock protection, ensure compliance with regulatory standards and leverage advanced cybersecurity solutions and qualified expertise that are often beyond their internal capabilities.

As cyberthreats become increasingly sophisticated, organisations are rethinking how they build and operate their Security Operations Centers. With this in mind, Kaspersky carried out a comprehensive global survey to identify the main motivations, strategic goals, and potential challenges associated with its planning and implementation¹.

The findings of this research revealed that 64% of companies plan to outsource part of their SOC, combining internal capabilities with external expertise.

Meanwhile, over a quarter of respondents (26%) are ready to fully implement an SOC-as-a-Service (SOCaaS) model. By contrast, only 9% plan to build their SOC entirely in-house, highlighting the growing challenges of maintaining round-the-clock monitoring and attracting qualified specialists.

SOC outsourcing enables organisations to delegate selected SOC functions or even the entire operational cycle to a trusted external provider. This approach can include a variety of services:

Design and architecture of the SOC.

    Deployment and maintenance of SOC technologies.

    Monitoring and analysis by external security analysts.

    Consulting and training services.

Full SOCaaS delivery, where the provider handles detection, investigation and response around the clock.

Most companies prefer maintaining strategic tasks internally, whilst leveraging external teams and advanced technologies for operational and highly technical workloads. Among organisations planning to outsource SOC functions, the most commonly delegated tasks to third-party providers included solution installation and deployment (55%), solution development and provisioning (53%), and SOC design (47%).

When engaging external SOC specialists, companies also showed a clear preference for augmenting specific roles, with first-line analysts (61%) and second-line analysts (52%) being the most in-demand among external specialists. These figures illustrate that companies focus more on frontline and intermediate security tasks, such as monitoring and responding to threats.

Why do organisations choose SOC outsourcing?

The leading motivator for SOC outsourcing is the need for 24/7 protection (55%) – an operational requirement many internal teams cannot sustain alone. Another highly cited benefit is reducing workload on internal IT security specialists (47%), enabling teams to focus on strategic tasks.

Additionally, access to advanced solutions and technologies (42%) and external support to ensure compliance with regulatory requirements and standards (41%) further drive the decision to outsource, highlighting the value of specialised expertise and cutting-edge tools such as XDR, MDR, MXDR and others.

Budget optimisation is important for only 37% of companies – indicating that the primary value of outsourcing lies in improved protection, not just cost savings.

“The trend towards outsourcing SOC functions, whether fully or partially, is primarily driven by the necessity for enhanced operational focus and strategic agility. By shifting routine and technical tasks externally, organisations are able to concentrate on high-value activities such as strategic decision-making and orchestrating responses to sophisticated threats.

“Moreover, this approach often results in considerable cost efficiencies, allowing for optimised resource allocation. Ultimately, this model transforms the SOC into a critical strategic capability, directly contributing to business continuity,” comments Sergey Soldatov, Head of Security Operations Center at Kaspersky.


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DHQ Indicts Brigadier General Abubakar Sadiq, 15 Others in Alleged Coup Plot againt Tinubu

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Defence Headquarters (DHQ) has made public the full names of 16 officers of the Armed Forces of Nigeria indicted by a Special Investigative Panel over alleged serious misconduct, including an alleged coup plot against President Bola Tinubu.

DHQ Indicts Brigadier General Abubakar Sadiq, 15 Others in Alleged Coup Plot againt Tinubu

The officers suspected to be involved in the coup plot include a brigadier general, a colonel, four lieutenant colonels, five majors, two captains, a lieutenant, a lieutenant commander and a Squandron Leader.

Major General Samaila Uba, director of Defence Information, disclosed this on Monday, stating that the panel had concluded its investigation and established that the affected officers had cases to answer.

According to him, the indicted officers will face a military Court Martial in line with established procedures and existing regulations.

Major Gen. Uba said the probe examined the circumstances surrounding the conduct of the officers and identified actions “inconsistent with the ethics, values and professional standards expected of members of the Armed Forces of Nigeria.”

He stressed that the exercise was purely disciplinary and aimed at preserving internal discipline, cohesion and operational effectiveness, adding that the Armed Forces remain loyal to the Constitution and Nigeria’s democratic order.

  • Brigadier General Musa Abubakar Sadiq (Nasarawa, 44th Regular Course)
  • Colonel M. A. Ma’aji (Niger, 47th Regular Course)
  • Lieutenant Colonel S. Bappah (Bauchi, 56th Regular Course)
  • Lieutenant Colonel A. A. Hayatu (Kaduna, 56th Regular Course)
  • Lieutenant Colonel Dangnan (Plateau, 56th Regular Course)
  • Lieutenant Colonel M. Almakura (Nasarawa, 56th Regular Course)
  • Major A. J. Ibrahim (Gombe, 56th Regular Course)
  • Major M. M. Jiddah (Katsina, 56th Regular Course)
  • Major M. A. Usman (Federal Capital Territory, 60th Regular Course)
  • Major D. Yusuf (Gombe, 59th Regular Course)
  • Major I. Dauda (Jigawa, DSSC 38)
  • Captain I. Bello (DSSC 43)
  • Captain A. A. Yusuf
  • Lieutenant S. S. Felix (DSSC)
  • Lieutenant Commander D. B. Abdullahi (Nigerian Navy)
  • Squadron Leader S. B. Adamu (Nigerian Air Force)

 


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