General News
NIPOST On Advanced Stage to Block Leakages with Technology- Adegbuyi

Barrister Bisi Adegbuyi, post master general of the Nigeria Postal Service (NIPOST), has reiterated that the new leadership will deploy technology to tackle financial and other leakages in the Service.
Adegbuyi made the remark in an address at the Bulkpost Venture Customers Forum held at Sheraton Hotel, Ikeja on Thursday, alluding to the fact, this is the first in the history of the Service that Federal Government would choose a Post Master General from the private sector.
The PMG said that President Muhammadu Buhari as an apostle of change and zero tolerance for laziness and corruption decided to take the bull by the horn, with the mandate to reorganising, repositioning and re-orientating the entire dynamics of the Nigeria Postal Service (NIPOST).
He said that it is in the mandate of the new leadership to abide by the global standards, deploy technology to block leakages and increase the revenue base.
Adegbuyi said, “Deployment of technology to tackle leakages is paramount in our drives to serve the customers better, because if our competitions serve the customers better we will lose out. Also, now that the ‘party’ is over; the dependence on monopolistic product is over, we are ready to deploy technology to tackle leakages and through that increase our revenue”.
He added that NIPOST will queue-in into the knowledge-based economy and digital convergence drives of the Federal Government promoted by the Ministry of Communication.
“It is very pertinent to start by saying that world-wide this postal brand is not just known; but very powerful, one of the most critical social roles of the Post is connecting he world through postal service. However, in today’s highly competitive scenario, a dynamic postal brand must represent far more than traditional service to the public,” the PMG said.
According to him, to continue to be relevant in today’s dispensation, a postal brand must not only proactive but must also evoke trust, security and highly qualitative service that is able to enhance customers’ loyalty.
“Knowledge-based economy is the way forward, because it leverages on the dynamics of the citizens and Nigeria cannot be different. We need a convivial environment for discussions and I believe the Bulkpost Venture Customers’ Forum is one of such platforms. We need robust ideas on how to judiciously deliver on the mandate using available resources. NIPOST only needed a leader to show the way because we have competent men and women in the Service to deliver on the mandate.
“Postal administrations world over today, face series of challenges in an attempt to achieve maximum efficiency and excellent quality of service. However, as customers’ expectations and demands continue to grow, the post has also risen to the occasion by striving harder to be more customers friendly through networking, partnering and knowledge sharing while deploying ICT to enhance efficient service delivery,” he added.
Conscious of the critical role of feedback in today’s mailing business; Bulkpost Venture introduced the customers’ Forum/lecture/dinner and awards night in 2001 as an avenue for interaction amongst the stakeholders in the capital market specifically and bulk mailing industry in general.
“However, the theme of this year’s forum ‘The Impact of the Action and or Inaction of the Capital market Major Players on the Financial Prosperity of NIPOST’, is a demonstration of our grave concern for the unimaginable downturn in the revenue accurable to the Federal Government through NIPOST from this sector of the economy,” he said.
The PMG said that as revenue generating agency of the Federal Government, so much is expected from the sector especially with the fall of the oil revenue to the federation account.
He however said that what is really intriguing about the introduction of compact discs (CDs) some years back and recently, SMS as replacements for hard copy AGM reports and notice of meetings was that unlike the e-dividends, e-bonus, etc, there was neither prior notice nor any form of sensitization program seeking the opinion of other stakeholders.
“While cutting cost is quite apt in business setting, we sincerely believe that all stakeholders in the capital market mail delivery chain. Even though as an organisation we are not opposed to ‘change’ especially as related to the deployment of ICT by Registrars and company secretaries in the mailing business, we are bothered about the sudden turn of event. For instance, was the interest of shareholders who are in the rural areas and have no access to computers and the internet facilities or the kind of phones to download the reports put into consideration? Was any thought given about the impossibility of sitting down to read the whole report at once? Not forgetting that hard copy paper documentations are almost immoral in nature whereas, one may lose his GSM phone, tablet or computer, loss of devices’ memories and virus infestation may cause loss of documents.
“As we take flight to e-platforms, I think all these should be carefully considered by Regulators and other stakeholders here present. Even in developed countries of world, certain documentations are still being done ‘hard copy way’”, he explained.
(L-r): Dr. Mike Umo, general manger, Bulkpost; Bala Wambai, deputy post master general, Mail Operations; Rotimi Olaniyan, president of Direct Marketing Practitioners Association of Nigeria; Barrister Bisi Adegbuyi, post master general of NIPOST and wife, at Bulkpost Venture Customers’ Forum held in Sheraton, Ikeja on Thursday.
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General News
Haleon Introduces New Corporate Identity in Nigeria

Haleon, a global consumer health company with a purpose to deliver better everyday health, is introducing its corporate identity across Nigeria in a phased transition. Trusted brands such as Panadol, Sensodyne, Macleans, Otrivin, Voltaren, Cac 1000 and Andrews Liver Salts remain unchanged in formulation, quality, and effectiveness.

Following the formal demerger from GSK, Haleon was launched on July 18, 2022, as an independent company 100% focused on consumer health. Haleon is the new home for brands like Sensodyne, Panadol, Centrum and others, trusted by millions worldwide for their proven effectiveness in improving everyday health.
From relieving tooth sensitivity or pain to providing essential vitamins and nutrients, our products are designed to fulfil Haleon’s purpose: to deliver better everyday health with humanity.
This revised corporate identity is a branding change only and does not affect the safety, quality, or efficacy of the products. Haleon is sharing this update as part of its commitment to transparency and consumer confidence, helping consumers continue to choose the brands they know and trust.
Haleon’s collaboration with Fidson Healthcare forms part of this approach, reinforcing the value of local production in supporting trusted everyday health brands in Nigeria.
Panadol Extra 100s and Panadol Pain & Fever 100s are currently being produced and supplied to the market under the Haleon identity. Sensodyne Rapid Action will bear the Haleon corporate identity from mid-June, followed by Andrews Liver Salts later this year.
In due course, additional brands—including Otrivin, Voltaren, Cac 1000, Macleans, and the wider Sensodyne portfolio—will also transition to the Haleon identity.
Haleon remains committed to ensuring consumers can continue to access the same high-quality brands at pharmacies, supermarkets and other retail outlets across Nigeria.
“As Haleon introduces its identity in Nigeria, we want consumers to feel informed and reassured. The trusted products they rely on remain the same in quality, formulation and effectiveness.
“At the same time, our local production approach in partnership with Fidson Healthcare supports reliable access to high-quality everyday health products in Nigeria,” said Himanshu Raj, Haleon General Manager for Sub-Saharan Africa.
General News
Kaspersky Warns of “Grey” Scam Websites Exploiting User Trust

Recent research by Kaspersky has shown that the so-called “grey” websites repeatedly target all world regions, and this may be driving both financial loss and large-scale data harvesting.

Grey websites are deceptive online platforms that fall outside traditional phishing definitions but still manipulate users into voluntarily handing over money and personal data. Kaspersky’s new report provides detailed insights into the threats posed by the grey websites on global and regional levels.
Unlike classic phishing attacks, which aim to steal credentials outright, grey websites rely on persuasion, misleading interfaces, and hidden terms to exploit users. They often impersonate legitimate services such as e-commerce platforms, financial tools, AI services, or subscription-based content, making them significantly harder to detect.
Kaspersky analysis shows that the majority of suspicious resources globally fall into several recurring categories:
- Fake browser extensions and “security tools” that actually harvest browsing data and track user activity.
- Fraudulent financial platforms including crypto exchanges, trading tools, and investment schemes promising unrealistic returns.
- Intermediary services (e.g., legal or real estate), charging for low-value or nonexistent services while harvesting sensitive personal data.
- Subscription traps offering low-cost trials that convert into costly recurring payments hidden in fine print.
- Fake online shops that either deliver counterfeit goods or nothing at all.
Example of a grey website.
A notable trend is the emergence of tools disguised as AI services or image-processing platforms, reflecting attackers’ ability to adapt to current digital trends and target younger audiences.
There are proven security solutions that help users to detect grey websites across different types of devices – those running on Windows, Linux, Android and iOS. The detection model is based on many factors, including domain name and age, IP reputation, stability of the infrastructure used, DNS configurations, HTTP security headers, digital identity and popularity of the web resource and other criteria.
Regional specifics
Regional variations in grey websites demonstrate how threat actors localise scams based on user behaviour and trending technologies.
In Europe, the threat landscape is dominated by links to suspicious browser extensions and fake “privacy-enhancing” tools.
These resources often present themselves as security solutions, promising safer browsing or anonymous search capabilities. In reality, they function as browser hijackers – intercepting traffic, collecting cookies, tracking user behaviour, and injecting advertisements.
The popularity of these threats reflects a high level of user concern around privacy and security, which attackers actively exploit. Additionally, these regions show a steady presence of phishing intermediaries and crypto-related scams, indicating a blend of technical and financially motivated attacks.
Across African markets, financial scams are the most prominent category of suspicious resources. Fraudulent trading platforms, fake brokers, and investment schemes frequently mimic legitimate financial services, often accompanied by fabricated licenses or endorsements.
These platforms typically prevent users from withdrawing funds, instead introducing additional “fees” or taxes to prolong the scam. The concentration of these threats highlights how attackers leverage growing interest in online investing while exploiting gaps in regulatory enforcement and financial literacy.
In the Middle East and North Africa region, suspicious resources frequently mimic communication (Internet telephony) tools, financial platforms, or betting services. Additionally, Ponzi-style investment schemes and crypto scams are widespread, often presented through polished interfaces that mimic legitimate platforms.
Web browser-based threats also play a significant role, with malicious extensions targeting user data and browsing activity. The regional threat profile reflects a convergence of financial fraud and technical compromise, where users risk both data exposure and monetary loss.
“Suspicious websites don’t look harmful at first glance. But they exploit trust, urgency, and familiarity, and a single click on what looks like a harmless AI image tool, a “secure” browser extension, or a heavily discounted online shop could be all it takes to lose money or expose sensitive data.
Instead of direct credential theft, attackers turn to behavioural manipulation – whether that’s subscribing, investing, or installing software,” comments Anna Larkina, Web Content and Privacy Analysis Expert at Kaspersky.
General News
MSMEs Paucity of Funds Receives Boost as Senate Backs Bill Seeking to Unlock Cash for them

Businesses across Nigeria, particularly micro, small and medium enterprises (MSMEs), may soon be able to convert unpaid invoices and credit sales into immediate cash without relying on conventional bank loans following the passage of the Factoring, Assignments and Receivables Financing Bill for second reading in the Senate.

The bill, which seeks to establish a legal framework for factoring and receivables financing, is expected to improve access to credit, boost liquidity for businesses and enhance domestic and international trade.
It also seeks to provide legal certainty for the assignment of receivables through factoring, promote transparency, modernise assignment laws and facilitate greater access to credit for businesses across the country.
Leading debate on the bill which was sent from the House of Representatives for concurrence, Senate Leader Opeyemi Bamidele said on Tuesday that the proposed legislation would create an enabling environment for debt factoring to thrive in Nigeria while defining the rights and obligations of creditors, factors and debtors involved in such transactions.
He explained that the bill provides for factoring contracts between sellers and factors and clarifies the legal relationship among parties in receivables financing arrangements.
According to Bamidele, the legislation has already passed all legislative stages in the House of Representatives and has complied with the Senate’s procedural requirements under Order 78(3) of the Senate Standing Orders.
He told lawmakers that the Senate Ad Hoc Committee on Compliance, chaired by Abdul Ningi, had scrutinised and cleared the bill for concurrence.
“The committee confirmed that all procedural requirements for consideration and concurrence by the Senate have been fully met,” he said.
Seconding the bill, Adetokunbo Abiru said the legislation would provide businesses with an alternative source of financing by enabling them to turn credit sales into cash and improve their working capital.
Abiru noted that factoring has become increasingly popular across Africa over the last decade, largely through initiatives supported by the African Export-Import Bank (Afreximbank).
He disclosed that the African factoring market is currently valued at over $50 billion, but Nigeria’s participation remains below one per cent.
According to him, countries such as Egypt and Morocco have benefited significantly from the financing model, adding that Nigeria risks missing out on the growing market without a clear regulatory framework.
“I think that passing this major legislation will help support our micro, small and medium enterprises in terms of converting most of their credit sales into cash without going through the normal borrowing arrangement,” Abiru said.
In his remarks, Ningi also assured lawmakers that the compliance committee had reviewed the bill and found no legal impediments to its passage.
Following a voice vote, the Senate approved the bill for second reading and subsequently referred it to the Committee of the Whole for clause-by-clause consideration.
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