News
Dr. Obi Bags Life Time Achievement Award for Pioneering Digital Payment

Dr. Valentine Obi, founder and group chief executive officer of eTranzact Global was at the weekend in Lagos honoured with the Lifetime Achievement Award for pioneering end-to-end card and digital payments at the 12th Beacon of ICT Distinguished (BoICT) lecture series and awards.

Dr. Valentine Obi, founder and group chief executive officer of eTranzact International
The BoICT Lecture series, widely regarded as the most prestigious annual event available in the ICT industry in Nigeria, is designed to explore efforts to put Nigeria on the global information and communications technologies map.
And the awards are the Oscars of ICT Awards.
Dr. Obi was honoured for his contributions to Nigeria’s economy particularly in the electronic payment sector.
The event attended by over 80 chief executives of top companies in Nigeria had as it chairman Engr. Ikechukwu Nnamani, president, Association of Telecommunications Companies of Nigeria (ATCON) and CEO, Medallion Limited; and Mr. Bimbo Abioye, second vice president, Institute of Software Practitioners of Nigeria (ISPON), among others.
Muhammed Rudman, president of Nigeria Internet Registration Association (NIRA) and chief executive Officer of IXPN and chair IPV6 Council of Nigeria, delivered the keynote address with the theme “5G: Exploring New Frontiers for Superior Service Delivery”
At the event, Dr. Obi was recognized as a champion for African Innovation in Technology and for establishing eTranzact businesses in Ghana, Cameroun, Nigeria, South Africa, United Kingdom.
Dr. Obi, a tech-entrepreneur, is also the founder and architect of XCEL Inc, the newest challenger bank in London, United Kingdom.
XCEL enables users to open a full UK Bank Account (Sort Code and Account Number) in less than five minutes, with complete UK regulatory compliance of KYC and AML (Anti Money Laundry) processes embedded.
XCEL African roadmap is well on its course with some countries already signed on.
Dr. Obi, is also the founder of KYIARA, the first Factoring technology platform in Africa.
Kyiara, provides all the stakeholders in the factoring sector cost saving, convenience, secure but transparent means to conduct factoring business within the continent.
He has an extensive experience in Information Technology sector and has served in various capacities both locally and internationally as a project director of various IT projects, including World Bank assisted projects in different countries.
In 2003, Dr. Obi became the first African to receive the coveted Computerworld Honors Gold Medal of Achievement in San Francisco, USA, for innovative and visionary use of information technology to produce and promote positive, social, economic and educational change.
By this, his work is listed in over 150 libraries around the world, including Harvard, etc.
In January 2008 his company received “The Most Innovative Product of the Year” award from the Central Bank of Nigeria.
Other awards received includes: 2012 Best Mobile Payment Initiative Award in South Africa; 2014 Mobile Payment Solution of the Year Award by LEAD Africa, etc.
Just after AfCFTA was signed off by the African head of states, Valentine was one of the two Nigerians appointed to the Advisory Council of African Trade Gateway (ATG) by Afreximbank in Egypt.
ATG is a vehicle for accelerating intra-African trade and ultimately support the attainment of the goals of the African Continental Free Trade Agreement.
ATG recognizes the critical role digital technology will play in facilitating intra-African trade, boosting access to trade finance and diversification of African trade from commodities to manufacturing and services.
Our role in the Council, is to provide advice and guidance on the strategic ATG roadmap.
In addition to his love for technology and applications, Dr. Obi is also involved in the development of the educational sector, he is a pioneer member of the Board of Regents of Covenant University and a lecturer at the Word of Faith Bible institute, WOFBI.
As one of his give back to his community, he started JIL Foundation with his wife, to help the education of the less privileged around his sphere of influence. He is a Provincial pastor with the Living Faith Church Worldwide, a member of Young Presidents Organization (YPO) / World Presidents Organization (WPO) and a member of the Institute of Directors (IOD), Nigeria.
Dr. Obi holds a Doctorate degree from International School of Management, Paris, France.
He also holds an MBA from Instituto de Empressa, Madrid, Spain and an alumnus of the Harvard Business School, Boston, USA
mber of National Payment Technical Committee.
News
CISA Asks NDPC, Police to Act on Alleged Data Breach by NIPSS

Citizens Initiative for Safety Awareness (CISA), advocacy group focused on security, data protection, and counter-terrorism, has urged the Nigeria Data Protection Commission (NDPC) to provide an update on a petition alleging a cybersecurity breach and unlawful access to private communications involving officials of the National Institute for Policy and Strategic Studies (NIPSS).

Mr Chidi Omeje, national coordinator, in a letter dated April 10, 2026, observed no response from the commission so far.
Filed on July 1, 2025, by Mr Yushau A. Shuaib, the petition claims unauthorised access, interception, and use of private digital correspondence belonging to him and PRNigeria, his company.
The complaint named Barrister Nima Salman Mann, Rear Admiral Abubakar Abdullahi Mustapha, and Professor Elias Wahab concerning the alleged breach. Such incidents are outlined in the Nigeria Data Protection Act (NDPA) 2023, regarding data privacy, cybersecurity safeguards, and the protection of sensitive information.
CISA said if confirmed, the alleged actions contravene Nigeria’s data protection framework, with implications for data governance, safety of confidential media sources, and public trust in institutions.
It requests the NDPC to clarify the status of the probe, disclose any interim findings, and cite measures to prevent similar breaches.
The organisation believes the matter has evolved beyond an individual complaint, describing it as a test of the government’s commitment to enforcing its data protection laws, especially within ministries, departments, and agencies.
CISA also appealed to Tunji Disu, inspector general of Police, to order an investigation into the alleged cybercrime.
In a statement, Omeje criticised the “prolonged delay” by the Force Criminal Investigation Department (FCID) in acting on a petition submitted since June 2025.
The group said, despite “credible evidence,” the police had yet to invite or question the individuals mentioned. Pointing out that two of the officials share membership in the National Institute (mni) with the former DIG at the FCID, CISA raised concerns about a possible conflict of interest.
Omeje clarified that the petition was different from the civil suit at the Federal High Court over Mr Shuaib’s withdrawal from the NIPSS programme.
“An elementary legal principle holds that a civil suit cannot be a bar to criminal investigation or prosecution,” he noted.
CISA called on the police to act in accordance with due process, advising the authorities to uphold the rule of law and restore public confidence.
It contends that failure to act decisively could erode trust in law enforcement and reinforce perceptions of a two-tier justice system.
News
Kaspersky Reports Online Scam Exposure Remains Widespread Despite High Levels of Self-assurance

A recent Kaspersky survey highlights a considerable gap between consumers’ confidence in identifying online scams and their actual exposure to cyber threats.

According to the findings, more than one-third of respondents (36%) in the Middle East, Turkiye and Africa (META) region reported encountering an online scam or attempted scam within the past 12 months, underscoring the persistent and evolving nature of digital risks.
Worryingly, these threats are far from hypothetical: 37% of surveyed users in the META region have fallen victim to online scams resulting in data compromise or financial loss.
Among those affected, nearly half (49%) experienced scams via social media platforms, while 48% reported investment or financial fraud attempts, 41% – scam associated with fake delivery or postal messages.
Phishing emails remain a significant threat as well, impacting 43% of respondents. These figures point to the increasingly diverse tactics used by cybercriminals to target individuals across multiple channels.
Despite this, confidence levels remain strikingly high: 80% of respondents in META believe they can recognise a scam, with 34% expressing strong certainty in their ability to avoid falling victim. This overconfidence may contribute to risky online behaviour and reduced vigilance.
When it comes to protective measures, respondents demonstrate mixed habits. While 57% report using strong and unique passwords, only 36% consistently check URLs before clicking, and 34% avoid public Wi-Fi for sensitive activities.
Notably, fewer than half (40%) use a dedicated security solution, which means a significant amount of people can face negative effects from cyberthreats. Alarmingly, 6% admit they do not use any specific security measures at all.
Regular maintenance of digital security tools also appears inconsistent. Just 35% of respondents in the META region update passwords and review security settings on a regular basis – at least once a month or more often. Meanwhile, 41% do so only occasionally, 19% rarely, and 5% never take such actions.
“The survey findings highlight a critical need for increased awareness and stronger adoption of comprehensive cybersecurity practices. While individual habits such as password hygiene and cautious browsing are essential, they should be complemented by reliable security solutions and regular security updates to effectively mitigate modern cyber threats,” comments Seifallah Jedidi, Head of Consumer Channel in the Middle East, Turkiye and Africa at Kaspersky.
News
Tinubu Tasks NRS to Restore Public Trust Amid Fiscal Changes

Against a backdrop of public criticism regarding ongoing tax reform policies, President Bola Tinubu on Tuesday charged the Nigeria Revenue Service to restore public confidence and ensure fairness in the implementation of the national tax system.

Tinubu gave the charge while commissioning the 16-storey head office complex of the revenue service in Abuja.
“No government can demand trust from its citizens when taxation is opaque, inefficient or unjust,” President Tinubu said.
The president commended Nigerians for enduring the economic reforms introduced by his administration, stating that no serious nation can achieve lasting prosperity on a weak and fragmented revenue system.
He stated that tax reform policies must be implemented to earn the confidence of Nigerians at home and abroad. He charged the revenue service to ensure that the policy embodies a new ethos.
“It must not only collect revenue, it must build trust, it must ensure fairness and it must demonstrate that government can be accountable, efficient and responsive,” Tinubu said. “It must become a model institution that earns confidence at home and respect abroad.”
The president thanked the Nigerian people for their resilience and perseverance. He recalled his inauguration day pledge to move Nigerians from the “darkness of uncertainty into the clear light of Renewed Hope”.
“I committed that we would confront structural weaknesses, restore fairness and build an economy anchored on discipline, equity and opportunity,” he said. “Today I stand before you to reaffirm that these words were not rhetoric.”
He described his inauguration pledge as a “contract with the Nigerian people”, adding that the gathering was not merely to commission a building but to mark a milestone in a larger national journey.
Tinubu explained that the administration took the bold decision to embark on far-reaching tax and fiscal reforms to simplify the system, eliminate distortions and create a transparent, investment-friendly environment.
“Our direction is clear,” he said. “A revenue system that rewards enterprise, supports growth and ensures that every contribution to the national cause is matched by value for the people.”
Tinubu described early results as “fantastic”, commending the revenue service for improved fiscal stability, stronger foreign reserves and increased investor confidence.
According to the president, these gains are the product of deliberate policy and a commitment to long-term prosperity. He noted that the new headquarters is a symbol of professionalism, transparency and efficiency.
“It reflects our resolve that institutions must rise to meet the demand of reforms and the expectations of the Nigerian people,” he said.
President Tinubu called for a better future, urging those who follow to build on a history greater than the vision of their forebears.
He noted that the completion of the building is a statement that Nigeria is no longer content with promises. “We are delivering progress,” he said. “History will not judge us by what we say, but by what we do.”
Tinubu stated that the work of national renewal demands consistency, courage and collective resolve. He added that the nation’s future is determined by the choice of reform, discipline and prosperity.
The president assured that his administration will remain focused until the promise to Nigerians is matched by the performance of its institutions and the prosperity of its people.
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