General News
Indigenous Software Developers Lack Exposure – Emmanuel
Amos Emmanuel, chief software architect, Programos Software Limited, is a seasoned IT practitioner. His company is a leading indigenous software firm, a founding member of the Nigerian Software Development Initiative (NSDI).
Emmanuel has spearheaded the development the self-selling household capital market operations software use in over 100 stockbroking firms in Nigeria.
He spoke to Chike Onwuegbuchi and Emeka okafor.
Impact of IT on Stock broking
Before now, operation in the Nigerian Stock Exchange was typically manual, very cumbersome practice. Most accountants do very Herculean processes before they can get a whole day transaction through and with intervention and of course with the Integra development software the accountants rarely have duties to do more because we have used IT to almost take over most of these processes thereby creating the time for them to relax, not that we have used the software to take over their jobs but we have succeeded in taking redundant processes off their hands and make them to see the actual areas of their processes so that they can go home on time. That is one of the reasons why in the last 10 years Nigerian capital market has actually improved a lot more and became much deepened, in that they now can see a lot more to do than those that probably just conform with those that really require much time on them and that is why most of them are thinking of operating an online setting. Thinking of operating an online setting means that they are now able to bring all their remote business territories together. With software, they are able to operate in diverse business territories across and outside the country. And all these processes are plugged to one embassy and they are operating as one single corporate entity and this is made possible by IT. So before now you have branches that don’t even know what the head office is doing so you have a disconnect but with IT, you are able to bring all these branch expansions together and they are able to expand because they are sure they can expand in control not expanding in fears . Before now, when you record fraud once in any of your branches and record another, you wouldn’t want to continue and you will feel like closing down the business but now most of the dealers need more branches because you can’t actually be proud of branch you can’t control but through the help of a software product Nigerian brokers from time to time achieve this with safe and protected environment.
Online Forex Stock Broking
The online dealing is not forex as in foreign exchange and currency trading per se. The online framework for capital market has to do with the possibility of a typical investor being able to place his mandate or wanting to buy or sell an investment via the internet and also enabling the investor to view his account with the dealer and see the statement of account. As well as to know what the balance is and of course being able to do portfolio evaluation to know how his cost of investment has been over a period of time and what it could be in present time which will help him determine if his investment is gaining or losing .These are the kind of information anywhere in the world that investors want to know about their investment not just that they sold or bought and nobody monitors or provide information. But now, even the customer has the capability of getting the information at will which does not require him to visit a stock broker.
The broker is now able to offer transparent service to his customer. In view of fraud, he wouldn’t even want to think online in the first place. That is actually one of the ways this product has been able to create transparency and of course build in the trust that people need in the market before they can actually put their investment.
Strength of locally Made Software in investment space
Nigerians have a way of underestimating the capacity in Nigeria. I must say that the Nigerian software development capacity is great and in fact great to the extent that even foreign countries wish to know what we are doing and are even looking for what level of collaboration they can have among Nigerian developers.
Our problem in Nigeria is mainly exposure but we know what we are looking out for and with the kind of system design we put in place it will take a foreign option time to compete with it because they may not really understand what we are doing. It could be very difficult for a foreign option to come to Nigeria and want to play and bring their product alongside our own. Those foreign options don’t have support and capacity. They don’t have local content. Local content in our professional tradition and that is partly one of the reasons I think in Nigeria Programmos is a software with a local content. We actually have to go with what Nigerians require, what our official requirements and traditions are, and we build by those standards. If you are a foreign competitor you need to come down at that level to ensure that you also provide what I suits our system locally.
Success Development Academy Initiative
I personally don’t learn because there is an examination somewhere ahead of time but I have a project that requires development to accomplish. I am into pensions insurance; I am into science, medicine and so many other things just because I need to deliver a solution. So as an IT person that is total and versatile, you need to be everywhere because you are an application. IT in itself is a tool and that tool must be applied and to be applied you need the right tool of the profession on your palm. So, the idea of training has to do with linking people to the standard. The tools of software and computer are to be used in business process of what they do on daily basis. To make optimal use of the software one need to know and understand their work and when they are doing their work software will not do any magic or pre-empt what you think. Education is very important as people are made to do what they are supposed to do. Education is critical to us and one of the products Programmos also sells is that we do not joke with education.
In fact we run free management training for university graduates from the universities and we train them. Training improves the manpower development of companies. We also train on the executive level. We have training for the accountants, operations people, marketing people, customer service and quality improvement people.
Patronage of the investment software
The product is actually what creates the patronage. If we introduce a product into the market we don’t care what the financial sectors do. If they like, they can go back to foreign option. We have our counterparts doing a similar thing but there’s need for you to ensure that the product has high quality. One of the problems we have as indigenous developers is lack of exposure and that is why sometimes we implore government to try and see how they could come to the aid of some of these entrepreneurs and see how exposure can be achieved. Government should sponsor indigenous practitioners anytime they want to trips outside of the country for exposure. Take for example sometime in 2003, when some software developers took time to visit the Silicon Valley in California, U.S.A. It was a great exposure and I will say that trip actually helped a great number of us because by the time we came back to this country we were able to find our footing, discover ourselves and we were able to know how to project our businesses in a manner a typical American will see us and there is something better now than what we were doing before.
Application against Online Crime
As a programmer and as a software developer, I have online solution; crime to a certain point is in my design and development. The treat around the solution is where we start from. In talking about security the principal thing you need is acceptability, integrity, availability and confidentiality. If any of these factors is missing the security is grounded. On cyber matters or any other form of security question the same rules apply. If you have various scenarios of abuse of the system, it is not technology that has abused that system or that is not working but it is actually the given framework that has distorted the security. It is in light of this that things like ATM cards are affected. One of the factors of security is availability meaning that information that is meant for A should not be disclosed for B but one way or the B is in possession of the information. It is security that has been beaten and not the fault of the technology. The corruption in the society has a major impact and not the technology itself. In fighting crime there has to be a convergence of physical and IT security.
Programmos Software and Financial Sector
Programmos software of course as you know is the pioneer software development company and we are solely responsible for printing customized software products for peculiar interests. Programmos has particularly created a niche around itself in the Nigerian capital market. The ICT automation of the Nigerian capital market dates back to as far as 1997. As the automation of the Nigerian capital market started, there was the introduction of the Canadian design. The Canadian content was introduced but we have to by that design provide a local software product that was tailored after that Canadian product and in the manner that a dealer in the Nigerian Stock Exchange would be able to use. Programmos relates with the licensed dealers of the Nigerian Stock Exchange and not the Nigerian Stock Exchange itself. And we have over 200 of these licensed dealers and over the years made this product available to them and it has made their automation a lot more easier because some of these processes could be cumbersome but with our software we have been able to make it possible for them to operate and of course much more secured in terms of being able to control their processes and trying to operate in a manner compliant with what the rules and regulation of the regulatory authority say. So as a software company we can say that our software has done very well in that area of the Nigerian financial system to at least ensure that the capital market operations are simply protected through indigenous product like our Integra development software.
General News
SERAP Asks Tinubu to Probe Alleged N6.79Bn Missing Police Funds, Firearms

Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to direct, Lateef Fagbemi (SAN), attorney general of the federation and minister of Justice; Olatunji Rilwan Disu, inspector-general of Police, and relevant anti-corruption agencies to investigate allegations that more than ₦6.79 billion in public funds were missing, diverted or misapplied within the Nigeria Police Force and the Federal Ministry of Police Affairs.

The allegations are contained in the Auditor-General of the Federation’s 2022 Annual Report, published on September 9, 2025.
In a letter dated August 1, 2026, and signed by Kolawole Oluwadare, deputy director, SERAP, the organisation urged the government to ensure that anyone implicated in the report is prosecuted and that all missing public funds, firearms and ammunition are recovered.
“Anyone suspected to be responsible—including contractors, companies and public officials implicated in the report—should be promptly prosecuted, while all missing public funds, firearms and ammunition should be fully recovered, secured and properly accounted for.”
SERAP described the Auditor-General’s findings as a serious breach of public trust.
“The Auditor-General’s findings suggest a grave betrayal of the public trust and raise serious concerns about corruption and the management of public funds, police exhibits, firearms and ammunition.”
The organisation also expressed concern over allegations involving missing firearms, unauthorised use and release of police exhibits, and poor storage of weapons.
“The report also raises serious concerns over missing firearms and ammunition, the unauthorised use and release of police exhibits, failures to properly account for exhibits, and the insecure storage of firearms, creating significant risks to public safety and national security.”
According to SERAP, the alleged diversion of funds meant for policing and the reported irregularities have weakened the operational effectiveness of the Nigeria Police Force.
“The diversion of funds meant for policing, abandoned security projects, missing firearms and ammunition, and the misuse of police exhibits undermine the operational effectiveness of the Nigeria Police Force, weaken public confidence and may contribute to Nigeria’s worsening insecurity.”
The organisation said the Auditor-General’s report documented several alleged financial irregularities, including payments for projects that were never executed, abandoned contracts, inflated contract costs, irregular procurement, unretired cash advances, unsettled insurance claims and payments for services allegedly not rendered.
“The report documented numerous alleged financial irregularities within the Nigeria Police Force and the Federal Ministry of Police Affairs, including payments for projects that were never executed, abandoned contracts, inflated contract costs, and irregular procurement.”
“The report also documented unretired cash advances, unsettled insurance claims, payments for services allegedly not rendered, and other suspected diversion and misapplication of public funds amounting to over ₦6.79 billion.”SERAP further cited allegations of missing firearms and ammunition, failures to properly account for recovered weapons and exhibits, and insecure storage of firearms.
“The allegations also include missing firearms and ammunition, the unauthorised use and release of police exhibits, failures to properly account for recovered firearms and other exhibits, and the insecure storage of firearms, posing serious risks to public safety and national security.”
The organisation gave the Federal Government seven days to act on its demands, warning that it would pursue legal action if no response is received.
“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal action to compel your government to comply with our request in the public interest.”
SERAP also argued that the allegations, if left unaddressed, would violate constitutional provisions requiring the government to combat corruption and safeguard the welfare and security of Nigerians.
Among the specific findings cited from the Auditor-General’s report were allegations of payments for abandoned and unexecuted police projects worth hundreds of millions of naira, inflated contract values, unretired cash advances, irregular procurement processes, unsettled insurance claims exceeding ₦681 million, over ₦1 billion in uncleared insurance policy liabilities, missing firearms and ammunition, unauthorised release of police exhibits, and contracts allegedly awarded without due diligence by the Federal Ministry of Police Affairs.
General News
Dare Tackles Onaiyekan over Criticism of Tinubu, Says Economic is Working

Sunday Dare, special adviser to the President on Media and Public Communication, has faulted the criticism directed at President Bola Tinubu and his economic policies by John Cardinal Onaiyekan, Archbishop Emeritus and the Catholic Bishops’ Conference of Nigeria (CBCN).

Sunday Dare, special adviser to the President on Media and Public Communication,
During an interview with Arise TV, Onaiyekan, who had led Catholic Bishops on a visit to the President, revealed details of their discussion.
“When the nation is bleeding, you cannot expect a polite meeting with the Head of State. We told him the economy is not helping our poor people; he told us the economy is doing fine. Frankly speaking, he told us quite clearly that he did not agree with us,” Onaiyekan said.
He added, “We didn’t expect him to agree with us. We have done our duty, we have delivered our message, and we have a feeling that somehow, along the line, somebody will show him a few of the things we said.”
Reacting, Dare stated that while Onaiyekan and his cohort choose the easy path of populist lamentation, the facts of President Tinubu’s administration reveal a relentless, methodical restoration of the Nigerian state. He said that by courageously removing the petrol subsidy and unifying the foreign exchange windows within his first days in office, President Tinubu ended decades of economic illusion.
“State and local governments now receive record-breaking monthly allocations from the Federation Account Allocation Committee (FAAC), enabling governors—including those in the Catholic heartlands—to pay salaries, fund local infrastructure, and service pensions promptly. The debt service-to-revenue ratio has been dramatically slashed to under 65%, pulling Nigeria back from the edge of default and restoring international credit rating confidence, he said..
According to Dare, the administration did not merely reform numbers; it invested in human dignity. He noted that through the landmark establishment of the Nigerian Education Loan Fund (NELFUND), millions of indigent students across tertiary institutions now access interest-free loans for tuition and stipends. “Academic calendar stability has been restored, ending the agony of prolonged university strikes that once paralysed national development,” he said.
The presidential spokesperson revealed that to counter global inflation and local supply shocks, the Tinubu administration deployed emergency agricultural interventions that involve direct distribution of hundreds of thousands of metric tons of grains and fertilisers to smallholder farmers nationwide, the multi-billion naira investments in dry-season farming, mechanisation hubs, and irrigation infrastructure aimed at achieving permanent food self-sufficiency.
He said to understand the weight of President Tinubu’s achievements, one must first measure the abyss Nigeria faced on the eve of his inauguration. He recalled that in May 2023, the Nigerian nation was hovering on the precipice of total economic collapse and structural paralysis.
“The unsustainable petrol subsidy regime was draining trillion-naira holes into the national treasury monthly, enriching a parasitic cabal of smugglers and middlemen while starving sub-national governments of basic infrastructure funding. A fraudulent multi-tiered foreign exchange system had turned the Central Bank of Nigeria into an arbitrage engine, crippling legitimate manufacturing, scaring off foreign direct investment, and burning through scarce external reserves.
“The nation’s debt service-to-revenue ratio had spiralled to an unsustainable 97 per cent, meaning Nigeria was literally borrowing money to pay interest on past loans while operational governance ran on fiscal fumes. This was the broken, bleeding nation handed over to President Tinubu. It required bold surgery, not diplomatic sedation. Yet, when the President applied the sharp scalpel of structural reform, armchair critics and political opponents decried the incision while ignoring the terminal tumour it removed,” he said.
General News
Lenacapavir, HIV Injectable Drug Offers Pregnant, Lactating Mothers 100 Percent Protection – Study

Lenacapavir, injectable HIV prevention drug, has been found to provide 100 percent protection against HIV infection among pregnant and breastfeeding women using it as pre-exposure prophylaxis (PrEP).

This is according to sub-study of the landmark clinical trial evaluating the safety and efficacy of the twice-yearly injectable HIV prevention drug.
The Phase 3 PURPOSE 1 trial results, published in the Lancet Medical Journal last week and presented at the ongoing 2026 International AIDS Conference Rio de Janeiro, Brazil, show the injection to be safe for use in pregnancy.
While Lenacapavir was previously studied and demonstrated high efficacy and safety as PrEP in cisgender women, its use during pregnancy and lactation, when women are disproportionately vulnerable to HIV acquisition, was not described in the initial studies that formed the World Health Organisation’s global recommendation for the drug.
Now, in the latest study, Dr Flavia Matovu Kiweewa, a senior Research Scientist at MUJHU, said they checked for drug traces in breast milk and exposure to an unborn baby and found drug exposure levels across all trimesters and postpartum were comparable to non-pregnant participants, confirming no dose adjustments are needed for this group.
Among 5345 women enrolled between Sept 28, 2021, and Sept 15, 2023, 487 participants, 184 allocated to Lenacapavir and 303 allocated to oral PrEP, had one or more pregnancies, resulting in 509 total pregnancies with 512 pregnancy outcomes, including three sets of twins.
While the study involved women aged between 16 and 26 years in both South Africa and Uganda, 80 percent of all the pregnancies recorded were in Uganda. Results show Lenacapavir was present in breast milk, but exposure in breastfed infants was minimal. Drug concentrations were measured in the blood of the mothers, breast milk, and breastfed infants’ blood.
Kiweewa said thatthese results are a breakthrough as pregnant and postpartum women face elevated vulnerability of HIV acquisition, yet historically they have been excluded from early prevention trials, leading to years-long evidence gaps.
The study compared twice-yearly Lenacapavir with daily oral PrEP in women who were not pregnant at enrollment.
But, unlike previous studies, women who got pregnant while participating in the study were, for the first time, left on their allocated study drug.
Now, because of the new findings, Kiweewa said at one of their study sites in Mityana District Hospital, they have decided to dedicate seventy percent of their drug supplies to women.
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