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CRD Seals Fake Courier Companies
The heat is now on illegal courier operators as the Courier Regulatory Department (CRD) of Nipost empowered to regulate activities in the postal and courier sector has stepped up efforts to sanitize the industry and rid it of quacks and illegal operators.
Last week in Benin City, Edo State capital, the operatives of the department swooped on three fake courier companies that run high profile courier business in the ancient Benin Kingdom.
Addressing newsmen after the hunt at the head office in Lagos last Thursday, Simon Emeje, senior assistant postmaster-general and head of CRD disclosed the names of the companies as DDS Courier which he said is owned by Mazik Resources International (Nig) Limited with office located at 145, Murtala Mohammed Way, Benin, DC International Limited which operates at 34, Sakpomba Road, Benin City but has its headquarters in Spain, and So-Good Enterprises, Benin with headquarters in Italy.
Emeje also reiterated that some scrupulous individuals hide in the guise of other corporate names to indulge in illegal courier activities. He said DDS Courier is a non governmental Organisation owned by Malik Resources (Nig) Limited.
Emeje explained that the operation in Benin was successful and that the culprits were arrested put in police custody. According to him, offenders will be brought to Lagos this week to continue the process of prosecution. Also he said pieces of evidence ranging from delivery notes, airway bills, and note books that recorded movement of mails recovered from the fake courier companies showed complicity in the illegal courier business. Also the culprits made confessional statements to the men of the CRD Squad.
It is an offence to do courier business without courier license and Emeje said the Act stipulates that for anybody to do a courier business, he must go through a registration process and can only be given a courier license if the person is qualified . Emeje disclosed that the three fake courier companies operated the business even without application expressing their intent to want to register. Emeje described the development as dangerous. “This is dangerous to the society because if you patronize them without license, when trouble comes they could escape. So it’s dangerous to the society. You are sending a precious thing through these fake courier companies and you are not sure they will deliver. When you deal with a company that does not have a government license, you are taking a dangerous position and that is why we go all out to ensure that those who are not licensed should not operate,” he elaborated. Emeje explained that the federal government put the CRD in place to ensure that every company that wants to operate must be licensed.
He said the department has recorded reasonable impact if we compare what the situation was like before the department came on board seven years ago and what the industry looks like now. Emeje said that when the department started that there was a very long list of illegal courier companies with their addresses stated clearly and with those addresses, Emeje said they could be located but after sporadic raids and arrests those addresses vanished thereby giving rise to the development of another form of illegal courier business called faceless illegal courier operators or portfolio courier operators. In all he said about 80 percent awareness have been created on the illegal activities of courier companies and advised the public to be weary of the promoters of such activities.

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E-Business
Kaspersky Launches OT Calculator to Align Cybersecurity Investments with Business Goals

Kaspersky’s new online tool has been specially developed for industrial organisations to assess the potential costs associated with insufficient operational technology (OT) security.

By offering detailed financial forecasts, the calculator empowers senior management to make well-informed decisions regarding security investments.
Industrial organisations increasingly depend on interconnected systems, elevating cybersecurity to a critical factor in business resilience and profitability.
According to VDC Research, over 60% of industrial companies last year reported that cybersecurity breaches had led to significant costs. Despite this, a persistent disconnect remains between security teams and executive leadership as security professionals focus on minimising risk, while executives must balance cybersecurity concerns with broader business objectives. This misalignment often results in competing priorities and underfunded security initiatives.
To bridge this gap, Kaspersky has launched the OT Cybersecurity Savings Calculator, an innovative online tool designed specifically for industrial organisations to assess the potential costs of inadequate operational technology (OT) security¹.
The primary aim of this tool is to translate cyber risks into tangible financial metrics and support strategic discussions around priorities and budget allocation. By entering details such as their sector, sub-sector, region, company size, breach history, and existing cybersecurity measures, organisations can estimate their potential cost savings and receive customised, actionable recommendations.
The calculator benchmarks performance against industry peers and highlights the company’s position within the current threat landscape.
“We believe this calculator is a powerful resource for transforming complex cyber risk data into straightforward financial insights. It enables OT leaders, security professionals, and executive teams to develop clear, data-driven business cases and recognise the value of cybersecurity investments. With actionable guidance, it promotes a comprehensive approach to resource management and strengthens overall organisational resilience,” comments Andrey Strelkov, Head of Industrial Cybersecurity Product line at Kaspersky.
News
Stanley Amandi, Nollywood Actor Arrested over Alleged Coup Plot against Tinubu

Stanley Amandi, veteran Nollywood actor and filmmaker, has been arrested by the Nigerian military over his alleged role in a foiled coup plot to overthrow President Bola Tinubu’s government, according to an exclusive report by Premium Times.

Stanley Amandi, Nollywood Actor
The filmmaker, also a former chairman of the Actors Guild of Nigeria (AGN) Enugu State chapter, was reportedly detained in September 2025 alongside several military officers accused of planning a violent overthrow, including potential assassinations of top officials, according to the newspaper’s sources.
Reports indicated that the coup plotters planned to wholesale assassination of top government officials including President Tinubu, Vice President Kashim Shettima, Senate President Godswill Akpabio, and Speaker of the House of Representatives Tajudeen Abbas, among others.
On Monday, the Defence Headquarters confirmed the plan to illegally oust the Tinubu administration, saying the indicted officers will be arraigned before military judicial panels.
In its statement, the Defence Headquarters said the investigation has been completed and forwarded to “appropriate superior authority in line with extant regulations.”
According to the military, the investigation was “comprehensive” and conducted in line with established procedures, examining “all circumstances surrounding the conduct of the affected personnel.”
The military disclosed that the findings identified “a number of the officers with allegations of plotting to overthrow the government,” describing such conduct as “inconsistent with the ethics, values and professional standards required of members of the Armed Forces of Nigeria.”
Mr Amandi has featured in many Nollywood movies and is known for his work as an actor, production manager and director.
His notable works include “The Album,” where he served as director; “Tiger King,” where he also served as director and produced in 2008; “Cornerstone,” produced in 2019; and “Once Upon a Dream,” in which he appeared as an actor in 2024.
Mr Amandi’s last Instagram post was on 19 September 2025, shortly before his arrest.
E-Financial
FBNQuest Merchant Bank Rebrands as Quest Merchant Bank

FBNQuest Merchant Bank Limited has completed a change of name and will now operate as Quest Merchant Bank Limited, following the receipt of all required corporate and regulatory approvals.

The name change does not affect the Bank’s legal or going-concern status, management, or the nature of its business. Quest Merchant Bank Limited remains a duly licensed merchant bank, regulated by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC), and continues to deliver its full suite of merchant banking, advisory, and capital markets services to clients.
Commenting on the development, the Ag. Managing Director/CEO, Afolabi Olorode, stated: “This name change represents a pivotal milestone in the rich history of the Bank and a deliberate strategic repositioning that reflects our resilience, strong track record, and long-term growth ambitions. While our name has evolved, our commitment to our clients, stakeholders, and regulators remains unwavering.”
As part of the transition, the Bank is updating its branding, communications, and digital platforms to reflect the new name. During this period, some legacy references may remain visible across select touchpoints as updates are progressively completed.
All existing contracts, client relationships, and obligations of the Bank remain valid, binding, and fully enforceable following the name change.
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