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FCMB Partners Tavia Technologies on Microsoft PerformancePoint system

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First City Monument Bank PLC, (FCMB), has successfully concluded an enterprise performance management project with Tavia Technologies Limited and Microsoft. The new solution has begun to reduce costs for the bank by providing greater intelligence and more flexible reporting that have resulted in better business insight and faster decision making.
Yinka Oni, FCMB’s chief information officer said, that in future, decisions at the bank would need to be taken with insight. “The bank therefore needed to invest in a performance management system that will make insightful decisions. Microsoft PerformancePoint has significantly benefited our performance management team. What they used to spend a whole day to do can now be done in less than an hour,” he said.
Speaking on the deployment at FCMB, Ayo Olashoju, managing director at Tavia said they recommended Microsoft PerformancePoint as the performance management solution at FCMB because the solution delivers the capabilities to meet the bank’s needs for an integrated data resource, an automated performance reporting system and  a more efficient data management process.
The state-of-the-art system deployed by the bank measures and tracks both financial and non-financial performance and delivers the information through dashboards on an enterprise portal to key business unit heads. This system comprises of Microsoft PerformancePoint for performance management, Microsoft SharePoint for an enterprise portal and Microsoft SQL Server 2005 as an enterprise datawarehouse. 
“With the implementation, the bank now enjoys significant improvement in the ease and speed for generating performance management reports including the automation of the Monthly Performance Review (MPR) reports,” Olashoju added.
Ademola Ogunmiloro, FCMB’s head of Performance Management, said the need to improve efficiency became mission critical in order to achieve the bank’s development goals and sustain the growth rate.   He confirmed that since the automation of the data management and reporting system, the bank’s monthly performance reports (MPR) which were previously delivered on day 5 are now delivered on the 1st day of each month.
“In addition to the reduction in time and manpower previously expended on the reporting process, the CEO gets an automated dashboard on his mobile device on a daily basis.  The additional analytical capability is also making users more intelligent as we now have the platform to go into core business analytics.  We are using the data to increase productivity without increasing costs.  The feedback from the executives has been excellent,” he added.
Bode Fagbemi, Microsoft’s Financial Services business manager, commended FCMB for using the power of technology to drive business performance especially now that increasing productivity, reducing costs and enhancing customer value have become mission critical for the success of banks in the midst of an economic downturn.
 Our vision for PerformancePoint he said is to bring the powerful capability of business intelligence to all information workers in the banking sector to democratize access to critical business insight and to drive more effective business actions. Fagbemi also commended Tavia Technologies for taking the lead in PerformancePoint implementation in the market.
Microsoft PerformancePoint is built on top of Microsoft SQL Server, a proven platform for business intelligence, data integration, and reporting. SQL Server offers a highly secure performance management environment and scales to support as many users as need to be included in the performance management process.
 

 


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Experts Reveal a Steady Decline of High-severity Incidents Over the Years

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According to the ‘Anatomy of a Cyber World: Global Report by Kaspersky Security Services’, there has been a noticeable decline in the percentage of high-severity incidents over the past few years.

While 2021 recorded the highest proportion at 14.3%, 2025 experienced the lowest in six years at just 3.8%. This trend indicates that many attack attempts were quickly detected and effectively mitigated by Kaspersky MDR experts, preventing their severity from escalating beyond medium levels.

High-severity incidents are defined as attacks involving direct human involvement that result in a significant impact on the customer’s IT infrastructure. In 2025, the number of such incidents detected by Kaspersky MDR decreased by 19% compared to 2024, highlighting improvements in early detection capabilities and more effective remediation efforts among Kaspersky MDR clients.

A detailed analysis of the root causes of these incidents in 2025 reveals the following insights:

Human-driven attacks accounted for approximately 23% of high-severity incidents. Although this represents a slight decrease from 2024, they continue to be the primary cause of serious breaches.

Kaspersky detected such attacks in nearly 21% of customers, demonstrating that motivated adversaries persist in bypassing automated defences. Despite advancements in automated detection tools, these highly skilled attackers still find ways to evade security measures.

Confirmed cyber exercises like Red Teaming made up over 23% of incidents. When activity is verified as part of security testing, it’s often classified as infrastructure false positives, though customers frequently report them as incidents.

Social engineering ranked third, responsible for over 15% of high-severity attacks and affecting nearly 18% of organisations. These are classified as high-severity when successful and not automatically remediated, often leading to security awareness recommendations.

Security policy violations constituted just under 14% of all cases, involving legitimate accounts performing suspicious actions like data exfiltration. Malware incidents represented less than 12%, while artifacts from past attacks, or APT traces, were found in over 7% of cases. Vulnerability detection, though not core focus for Kaspersky MDR, was reported in fewer than 5% of incidents.

“The decline in high-severity incidents highlights the critical importance of adopting a proactive cybersecurity strategy. Human-led solutions such as Managed Detection and Response (MDR) and Incident Response remain essential in combating sophisticated, human-driven threats.

To further enhance the effectiveness and efficiency of in-house security teams, organisations should incorporate advanced, automated solutions like Extended Detection and Response (XDR), which provide improved visibility and enable faster responses.

Additionally, leveraging SOC consulting services can assist in building a robust Security Operations Center from the ground up or optimising an existing one for maximum performance.

An integrated approach to hybrid security operations empowers organisations to detect threats early, contain them swiftly, and ultimately prevent severe breaches from occurring,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.

 

 

 

 

 


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Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

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Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.

Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.

Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.

To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.

Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.

“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”

The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.

“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.

 


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Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

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Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos Govt

Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.

GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.

Individuals owe N13.5 million to N35 million each.

Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.

More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.

Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.

Pedro urged prompt filings and payments.


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