E-Business
FG Directs MDAs to Comply with E-government Master Plan

President Muhammadu Buhari Thursday in Abuja directed Ministries, Departments and Agencies to comply with the ongoing transition of all government operations to digital platforms that will enhance efficiency and effectiveness in service delivery, and promote more inter-agency synergy.
Speaking at the opening ceremony of the e-Nigeria 2019 Conference on the Nigerian Digital Economy held at the International Conference Centre (ICC), President Buhari said the transition to digital economy was no longer optional for the MDAs, but “an absolute necessity,’’ following the launch of the e-government master plan which will drive and guide the process.
President Buhari noted that a directive in 2018 that all government funded ICT projects must be reviewed and cleared by National Information Technology Development Agency (NITDA) saved the country over N16.8 billion.
“Our recent introduction of the Nigerian E-government Masterplan will further consolidate our successes to date and increase interoperability among the different Ministries, Departments and Agencies of government.
“A key requirement of the e-government Master plan is for all government institutions to create a Digital Transformation Technical Working Group that will work with the Ministry of Communications and Digital Economy to ensure seamless and coordinated implementation of projects, programs and policies.
“Furthermore, the Nigerian e-Government Interoperability Framework, the Enterprise Architecture and the Nigeria Data Protection Regulation are in place and all Ministries, Departments and Agencies are expected to comply with these policies,’’ he said.
President Buhari said that the digitisation of key operations in public service such as the use of the Bank Verification Number (BVN), Treasury Single Account (TSA) and the Integrated Payroll and Personnel Information System (IPPIS) has enabled the government to save cost and fight corruption.
The President said the Federal Ministry of Communications and Digital Economy will develop training and sensitization programs which will be rolled out across all key MDAs with immediate effect to ensure seamless implementation of the master plan.
President Buhari pointed out that the push for more job creation and diversification of the economy received a boost in the second quarter with the ICT sector contributing 13.85 per cent to the Gross Domestic Product (GDP), quoting figures from the National Bureau of Statistics for 2019.
“This clearly shows the importance and potential of the ICT sector to our job creation and economic diversification agenda.
“Already, Nigerian ICT startups are leaving their mark on the global stage. For example, at the Gulf Information Technology Exhibition (GITEX), a Nigerian Artificial Intelligence solution provider, Chiniki Guards, took first place, beating 750 contestants from 73 countries. We shall continue to encourage and support such digital entrepreneurs to develop innovative solutions for local and global challenges,” he added.
The president said the Federal Ministry of Communications was re-designated Federal Ministry of Communications and Digital Economy to refocus on the emerging value of digitalization all over the world with a mandate to develop and implement a harmonized and well-coordinated digital economy policy and strategy for Nigeria.
President Buhari, however, warned: “Of course, as we celebrate the successes and explore the opportunities in this sector, we must remain mindful of its threats. We all know how the use of unregistered and improperly registered SIM cards by terrorists is a key national security threat.
“Today, I am informed that over 9.2 million SIM cards have either been normalized, blocked or deactivated in less than 40 days due to improper registration. We encourage all Nigerians to ensure that their phones are properly registered. As a Government, our priority is to protect the lives and properties of all Nigerians.’’
E-Business
NITDA DG Reaffirms FG Commitment to Responsible and Inclusive AI

The Federal Government of Nigeria has reaffirmed its commitment to building a responsible, inclusive, and sovereign artificial intelligence ecosystem to enable Nigeria to transition from being a passive consumer of AI technologies to an architect and builder of indigenous AI systems.

This was said by the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi CCIE, while delivering a virtual address at the InnovateAI Conference held in Lagos.
The conference brought together policymakers, technology leaders, innovators, and stakeholders to discuss the future of artificial intelligence and its role in driving Nigeria’s digital economy and national development agenda.
Inuwa outlined Nigeria’s ambition to transition from being a consumer of artificial intelligence technologies to becoming a builder and owner of AI systems that reflect national values and priorities, in line with the National AI Strategy.
“Our goal is not just to use AI, but to architect and build our own AI systems in Nigeria,” he said, stressing that the country must take ownership of its AI future.
He noted that Nigeria’s approach to artificial intelligence extends beyond innovation to include governance, infrastructure, data sovereignty, and policy evolution.
According to him, “Responsible AI is never a finished job; it is an iterative journey. Our policies must evolve as the technology evolves, and we must avoid frozen laws by adopting living policies that adapt over time.”
He cited the implementation of the Digital Economy and E-Governance Bill as a key mechanism for generating insights that will help refine AI regulations and governance frameworks.
Inuwa also highlighted the challenge of data representation in global AI systems, noting that most models are trained on non-African datasets, which often results in bias against local dialects, cultures, and demographics.
“If a model shows bias against a local dialect or demographic, we cannot just patch it. We must reinvest in infrastructure to retrain it with inclusive and representative local datasets,” he stated.
He added that building national AI infrastructure is critical to achieving data sovereignty and ensuring that Nigeria is not merely an end user of foreign AI systems.
He further called for strategic partnerships with global technology companies and hyperscalers to build AI infrastructure in Nigeria while aligning with local values and national priorities.
“The world today is a global village. We need to work with global players, but they must understand our local nuances and help us build the infrastructure to retrain and develop AI models that reflect our context,” he said.
The NITDA Director General explained that adopting a comprehensive AI lifecycle approach, from responsible data collection and governance to deployment and continuous feedback, will enable Nigeria to move from reacting to AI developments to proactively designing indigenous AI systems.
“Without understanding how AI models are trained, how decisions are made, and how models are retrained, it will be difficult to build a responsible and trustworthy AI system,” he warned.
He reaffirmed that the Federal Government is intentional about promoting responsible AI and is working closely with the technology ecosystem to co-design national AI guardrails. He described platforms such as the InnovateAI Conference and other national AI dialogues as critical to shaping Nigeria’s AI future.
E-Business
Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial capacity and unwavering commitment to prompt claims settlement.

Mutual Benefits Assurance
A breakdown of the figures shows that ₦3,426,602,834.28 was paid under its General (Non-Life) Insurance portfolio, while ₦2,511,062,519.29 was paid across its Life businesses, including Group Life and Retail Life policies.
The significant payout within a single month reinforces Mutual Benefits’ reputation as a dependable insurer that honors its obligations swiftly and responsibly.
Commenting on the development, Olufemi Asenuga, Managing Director, Mutual Benefits Assurance Plc stated that claims settlement remains the core promise of insurance and the ultimate test of an insurer’s credibility.
“Insurance is built on trust. Our ability to settle over ₦5.9 billion in claims in one month demonstrates not only our financial strength, but also our deep commitment to our policyholders. At Mutual Benefits, we do not just sell policies. We stand by our promises,” he said.
With over three decades of operations, Mutual Benefits has consistently positioned itself as a strong and well-capitalised insurer.
The company operates both Life and General Insurance businesses and remains fully compliant with regulatory capital requirements as stipulated by the National Insurance Commission (NAICOM).
The January payout reflects Mutual Benefit’s robust underwriting standards, prudent risk management practices and efficient claims administration framework.
It also aligns with the company’s broader record of substantial claims settlement in recent years, reinforcing its standing as a trusted brand in the Nigerian insurance industry.
Mutual Benefits employs over 5,000 staff, managed by seasoned management team and an experienced Board of Directors. Industry observers note that prompt claims payment remains one of the most critical differentiators in Nigeria’s competitive insurance landscape.
By consistently settling valid claims without delay, Mutual Benefits continues to strengthen customer confidence, deepen market trust and expand its footprint across retail and corporate segments.
As the company begins 2026 on a strong footing, it reiterates its commitment to innovation, service excellence and delivering value to policyholders and stakeholders alike. Mutual Benefits Assurance focused on its mission to provide reliable risk protection solutions while maintaining the highest standards of professionalism and integrity.
E-Business
NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity warning about a serious Microsoft Office vulnerability (CVE-2026-21509) that attackers are actively exploiting.

This advisory, shared through Nigeria’s Computer Emergency Response Team (CERRT.NG), highlights the risks of this flaw and recommends immediate action to protect systems.
Microsoft has released quick security updates to fix this vulnerability, which has a severity score of 7.8, showing it is a serious risk. Attackers have already used it in targeted attacks.
CVE-2026-21509 affects multiple versions of Microsoft Office, including Office 2016, Office 2019, Microsoft 365 Apps, Office 2021, and later versions.
This flaw allows attackers to bypass security features meant to stop harmful Object Linking and Embedding (OLE) controls. OLE is an older Microsoft technology that can be used to embed links or content, but it has often been exploited by malware.
By exploiting this flaw, attackers can create specially designed Office documents.
When a user opens these documents, they can run malicious code or gain further access to the system.
Exploitation requires user interaction, meaning attackers often trick people into opening harmful Word, Excel, or other Office documents. Common methods include using email attachments or files from untrusted sources.
Because Microsoft confirmed that the vulnerability is being actively exploited, they have made emergency security updates available outside their usual schedule. Users and organisations should:
- Install the latest Microsoft Office security updates for all affected versions.
- Restart Office applications for Office 2021 and later to ensure that the updates take effect.
- Use registry-based settings for protection if updates can’t be applied right away.
- Follow good cybersecurity practices, like using endpoint protection and filtering emails.
Microsoft’s updates for Office 2021 and newer versions are automatically applied, but need a restart of the applications to be active.
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