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MobileMoney and Future of Insurance in Nigeria

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Fola Daniel, commissioner for Insurance
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With growing incidences of natural disasters, crop failures, investment uncertainty, growing population and dwindling natural resources, Africans are more than ever before exposed to the effects of global recessions, environmental degradations with negative effects on incomes during active duty and beyond.

Africans that are covered by any form of protection in form of insurance are minimal across the entire population of Africa.

Around Africa, mobile networks, governments, independent organizations, micro finance providers are joining forces to provide low cost insurance to millions of people through the ubiquitous mobile phone.

 In Most African countries, insurance penetration is low while mobile phone is available to more than half of the adult population across different segments of the economy.

Why mobile money is powered life insurance gaining momentum and appeal across Africa Mobilemoney powered life insurance is a quite easy to use with minimal form filling, cost effective, convenient, with flexibility and the trust in brand of the Mobile network and insurance partner.

Regulations
As mobile network and nontraditional micro insurance providers  and  innovators begin to see benefits of providing low value insurance services to currently underserved and uninsured low segments  of the society, how will the regulators deal with these innovations and players?

How is the insurance regulator positioned to understand the impact of mobile financial services on the industry? What is the wiliness of the insurance regulator to allow innovations influence new radical thoughts while balancing risk and ensuring certainty in the industry.

What level of cross regulation knowledge sharing is available for the insurance regulators across Africa from the primary mobile financial services regulator of Banking services and telecommunications?

Providing low value transaction systems and applications is a technology play for Mobile network operators but the major drawback for them is that they are not primarily providers of insurance services, with limited understanding of the processes of managing premium and investments.

While the traditional insurance providers are hampered with limited understanding and management of technologies and applications necessary for mass market products like micro insurance.

Developing the right partnerships and credibility are the foundation for building a successful mobilemoney based micro insurance product.

Mobile money micro insurance services adequately addresses the shortcomings of traditional channel of deploying insurance services since potential customers can be directly engaged and educated via the mobile phone, instant provisioning of services, payment systems that is efficient and available anywhere and anytime, cost effective methods of premium collections and  reduced policy enrollment  cost per cover.

South Africa
Over the counter availability like the Old Mutual’s offer though the shoprite stores is one of such initiatives that is bridging the gap between the mass market and the insurance cover.

KENYA – MICRO ENSURE, YuMobile
There is an on- going effort in Kenya where a “private-private-NGO” partnership between Safaricom (the parent company of Kenya’s mobile money transfer service M-Pesa), an insurance company, fertilizer and seed companies and an agricultural foundation has produced an innovative micro-insurance scheme in Kenya.

The crop insurance scheme, called “Kilimo Salama” (safe farming in Kiswahili), collects insurance premiums using M-Pesa when farmers purchase seeds and fertilizers, and in the event of adverse weather, makes payouts directly into the M-Pesa mobile phone accounts of the farmers which then visits any local agent to cash out the amount without visiting a Bank branch.

Last week in Kenya, a micro insurance product  called  Yucover,  launched  by  yuMobile and underwritten by Jubilee Insurance and powered by MicroEnsure in a country with current insurance penetration  rate that stands at 3.02 per cent and projected to double the cover likely within one year of deployment of this innovative product.

Ghana 
International insurance group Hollard Insurance, independent mobile financial services enabler MFS Africa and microinsurance intermediary MicroEnsure had also launched the West Africa’s first mobile money insurance service, mi-Life  in Ghana.

Mi-Life insurance provides money in the event of death of the subscriber or the next of kin. The Premium payment for insurance is deducted from the Mobile Money wallet once per month.

The subscriber will receive an SMS to inform when the monthly premium is deducted and insurance cover is renewed.

Once the premium is deducted, the insurance cover lasts for one month until the next monthly premium is deducted.

If there are insufficient funds in the wallet, Subscriber will receive an SMS reminder so that he / she can top up  wallet and keep  life insurance cover active.

Users will also be able to initiate claims, queries and make premium payments using their handsets.

Register and join us on Oct 4th and 5th for Mobile Money Agency risk management and a study tour of Tigo cash and Micro Ensure in Accra – Ghana.

Emmanuel   Okoegwale
Principal Asscociate – MobileMoneyAfrica
[email protected]


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SERAP Says Phone Tapping Law Violates Human Rights, Calls for Withdrawal

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Socio-Economic Rights and Accountability Project (SERAP) has cautioned that existing interception and surveillance regulations in the country could be deployed against civilians and critics of the government if not properly subjected to legislative scrutiny.

SERAP Says Phone Tapping Law Violates Human Rights, Calls for Withdrawal

SERAP called on President Bola Tinubu to direct Bosun Tijani, minister of Communications, Innovation and Digital Economy,  to immediately withdraw the Lawful Interception of Communications Regulations, 2019.

In a statement earlier in the week, SERAP, described the rules as unconstitutional and inconsistent with Nigeria’s international obligations.

Also Kolawole Oluwadare, deputy director of SERAP, during an interview on Arise Television, called for greater transparency and public participation in shaping such regulations.

In its statement, the organization, said that the regulations establish a sweeping mass surveillance regime that violates Nigerians’ constitutionally and internationally guaranteed human rights, including to privacy and freedom of expression.

  • “The Regulations grant overly broad and vague powers to intercept communications on grounds such as ‘national security,’ ‘economic wellbeing,’ and ‘public emergency,’ without adequate judicial safeguards, independent oversight, transparency, or effective remedies. 
  • “Serious interferences with fundamental rights cannot be authorised through subsidiary regulations or exercised in secrecy without strict safeguards. 
  • “Surveillance measures that lack strict necessity, proportionality and independent judicial oversight can easily be weaponised against political opponents, journalists, civil society actors and election observers,” the organization stated.

And during an interview on Arise Television, Oluwadare, insisted that regulations with such far-reaching implications must undergo a thorough legislative process, including public hearings.

Oluwadare’s comments followed allegations by Nasir El-Rufai, former Kaduna State Governor, who had claimed that he and another individual intercepted a phone conversation involving Nuhu Ribadu, national security adviser.

The former Governor’s claims have since sparked renewed debate over the scope and oversight of surveillance powers granted to security agencies.

With the kind of weight and power this kind of regulation has, it should go through the legislative process and public hearing. These regulations will take away major rights Nigerians have,” Oluwadare said.

He argued that the current framework governing interception may not be necessary in its present form, noting that concerns remain over vague wording, insufficient safeguards for civil liberties, and the potential for abuse.

The SERAP deputy director expressed apprehension over how security agencies exercise interception powers.

“It is unclear how agencies like the DSS or the Office of the National Security Adviser utilise these powers, raising concerns that they might be used against civilians or government critics,” he stated.

According to him, regulations of such magnitude, especially those capable of impacting fundamental human rights, must be subjected to robust legislative scrutiny to ensure they strike a balance between national security and civil liberties.

Oluwadare clarified that his position does not amount to opposing an interception framework entirely, but rather advocating for one that aligns with international best practices.

“This stance does not advocate against an interception framework altogether, but rather suggests it should align with models found in other jurisdictions, incorporating robust safeguards as envisioned in existing legal frameworks,” he explained.

Oluwadare added that public participation would not only strengthen accountability but also enhance the effectiveness of such laws in addressing insecurity without undermining democratic freedoms.


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Kaspersky Enhances Network Detection and Response Capabilities with KATA 8.0 Release

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Kaspersky has announced a major update to Kaspersky Anti Targeted Attack 8.0 (KATA 8.0), designed to help organisations improve visibility across their networks and detect sophisticated cyberthreats earlier and with greater accuracy.

As the attack surface continues to expand and traditional network perimeters dissolve, security teams face growing challenges in controlling network traffic security. KATA 8.0 addresses these challenges with new detection technologies, broader network observability and tighter integration with Kaspersky’s security ecosystem and third-party solutions.

Advanced detection technologies for modern threats

KATA 8.0 introduces several new detection capabilities aimed at improving threat detection while reducing alert fatigue.

The new anomaly detection technology identifies suspicious network behaviour by analysing key protocols commonly abused in cyberattacks, such as DNS, HTTP and Kerberos.

Instead of inspecting all network traffic, the technology focuses on protocol-specific deviations while taking into account the organisation’s infrastructure and usage patterns. This approach significantly improves detection accuracy and helps reduce false positives.

With shadow IT detection, KATA 8.0 enables organisations to identify the use of unauthorised public services. The solution supports more than 5,000 external services, including popular cloud storage and collaboration platforms, helping security teams improve network visibility and regain control over corporate data flows.

KATA 8.0 also introduces retrospective scanning of user-uploaded traffic copies. Security teams can now upload PCAP files manually or automatically from other security systems and analyse them using the latest detection rules and updates across Kaspersky’s anti-malware, sandbox, IDS and other engines. This enables deeper investigations and the discovery of threats that may have gone undetected at the time of the incident.

In addition, KATA now can collect all the observables from the network traffic including file names, URLs and hashes – not only malicious objects, but also the safe ones. This allows analysts to identify potentially compromised users and suspicious activity even when objects initially appear clean, providing a broader and more proactive security perspective.

Stronger integrations for faster investigations and response

KATA 8.0 also enhances integration with other Kaspersky solutions and external platforms to streamline investigations and improve response times.

Integration with Kaspersky Security for Mail Server (KSMS) enables dynamic scanning of password-protected email attachments in the KATA Sandbox, while enriched KATA alerts now include full visibility into actions taken by KSMS, such as blocking or deleting suspicious content.

For organisations using Managed Detection and Response (MDR), KATA 8.0 acts as a network sensor supplying telemetry directly to the MDR cloud. MDR analysts can now also request additional context from KATA directly through the MDR interface, without involving the customer, significantly accelerating investigations.

The solution also supports automated file submission from Kaspersky Endpoint Security (KES) to the KATA Sandbox, enabling deeper analysis of suspicious files discovered on endpoints and faster response actions when malicious verdicts are confirmed.

To strengthen active response capabilities, KATA 8.0 introduces new connectors for Check Point NGFW, allowing the solution to automatically generate blocking rules based on detected malicious network activity and enforce them at the firewall level in near real time.

Ilya Markelov, Head of Unified Platform Product Line at Kaspersky, says: “Kaspersky Anti Targeted Attack 8.0 was designed to provide high level of visibility, enabling proactive threat detection, deeper investigations and more confident response decisions through advanced analytics and tight integration with endpoint protection, email security, MDR and other products and services.

“As part of its long-term development strategy, in future releases we plan to move KATA to the Open Single Management Platform (OSMP). This will enable seamless integration with multiple Kaspersky solutions and third-party components through a unified web console, supporting NDR, EDR, SIEM, XDR and more within a single security ecosystem.”


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Court Fines Lafarge Africa N2m for Using Ex-Employee’s Name, Details Online after Dismissal

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National Industrial Court of Nigeria in Lagos has ordered Lafarge Africa Plc to pay N2 million in damages to a former employee after finding that the company unlawfully retained and continued using his personal data years after his exit.

Court Fines Lafarge Africa N2m for Using Ex-Employee’s Name, Details Online after Dismissal

In a judgment delivered on February 17, 2026, in Suit No. NICN/LA/60/2022, Justice Ikechi Gerald Nweneka ruled that the cement manufacturer breached the claimant’s right to privacy by listing his name and contact details in official purchase orders long after his employment ended.

Mr. Kehinde Adeniyi Johnson, claimant, had approached the court in February 2022, alleging that although he left the company in November 2019, his name, personal email address and phone number remained attached to Lafarge’s.

He sought multiple declarations and N50 million in general and aggravated damages, arguing that the continued use of his identity amounted to unlawful usage, fraudulent misrepresentation and emotional distress.

According to court filings, Johnson told the court that he kept receiving calls, emails and WhatsApp messages from suppliers and logistics agents regarding consignments intended for Lafarge.

He recounted an incident involving a shipment from India: after being contacted by a dispatcher, he accepted delivery but was denied access to company premises upon arrival.

He later alleged that he was attacked by armed robbers in the aftermath, blaming the exposure created by the company’s continued use of his identity.

Lafarge denied liability, attributing the issue to a system malfunction. The company maintained that it deactivated Johnson’s official email and server access upon his departure and notified relevant suppliers of his disengagement.

It also challenged the court’s jurisdiction, arguing that claims relating to tort and emotional distress fell outside the court’s scope.

In addressing preliminary objections, Justice Nweneka dismissed the company’s challenge to the admissibility of emails and WhatsApp messages tendered as evidence, holding that the communications were not hearsay since they involved the claimant and company representatives.

On jurisdiction, the court held that the dispute stemmed directly from the employment relationship and therefore fell within its competence.

It further clarified that the suit was not brought under the Fundamental Rights Enforcement Procedure Rules, making it properly instituted before the court.

After reviewing the evidence, the judge found that Lafarge continued to use Johnson’s name and telephone number in purchase orders well after his exit, thereby violating the Nigeria Data Protection Act and Section 37 of the 1999 Constitution, which guarantees the right to privacy.

he court also upheld the claim for intentional infliction of emotional distress, describing the company’s conduct as reckless, particularly after it had been formally notified by the claimant’s solicitors.

However, several other claims including those relating to human dignity, tortious interference, indemnification and aggravated damages were dismissed for lack of proof or improper framing.

In awarding N2 million in damages, the judge cited statutory limits under the data protection law and the principle of proportionality.

The court further directed Lafarge to permanently erase the claimant’s personal data from its servers, applications and procurement systems, and to deactivate any pre-generated codes bearing his name.


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