News
Group hails JAMB on NIN suspension; seeks FG’s attention to NIMC
Digital Economy Media Support Volunteers, DEMS Volunteers, has commended the Joint Admissions and Matriculation Board, JAMB, for suspending the use of National Identification Number, NIN, as a requirement, for registration, in the 2020 Unified Tertiary Matriculation Examination, UTME.
The Group said that, JAMB’s decision has saved innocent students from stress and falling prey, to unforeseen NIN registration racketeers, who may have perfected plans to defraud the candidates, due to the urgency of the situation.
Prince Stan Okenwa, director general, DEMS Volunteers said that, it is, also, commendable that, JAMB has not ruled out the mandatory use of NIN, for 2021 UMTE registration, stressing that, such tactical intervention is, a win-win situation for JAMB, NIMC, (National Identity Management Commission) and the parents/students.
The Body, however, expressed fears that, NIMC may not be receiving adequate attention, from the Federal Government to address the technical, human resource and other issues the Commission is currently battling with.
“It is still fresh in our minds, the statement accredited to the Director-General of NIMC, Engr. Aliyu Aziz, who, reportedly, said that, the nation’s identity management will not succeed, unless there is, strong political commitment, on the part of government, backed by adequate funding.
“Engr. Aliyu Aziz’s comment, on Monday, December 9, 2019, at the 6th General Assembly of the Northern Traditional Rulers Council, (NTRC), held at the Arewa House, Kaduna, speaks volumes, as regards the state of things at the Commission.
He was quoted as saying that, “like any government reform, political will and strong leadership, are required to implement the national identity project.”
“Therefore, it is a no brainer that, NIMC was not going to meet up the JAMB requirement.
“Our fears, were confirmed again, on Saturday, when the DG said that, they registered only about 2million supposed JAMB candidates, out of an expected 10million.
“Thus, with 1,000 registration centres, out of a supposed, (standard), 4,000 centres, the whole thing, was a trial and error process. This must be addressed, as the nation requires adequate national data and identity management, to meet up with the digital economy agenda.
While reiterating DEMS Volunteers’ readiness, to partner with NIMC to highlight the progress made in NIN registration and the challenges faced by the Commission, Prince Okenwa, further urged the Federal Government, to ensure that, NIMC increases the number of registration centres up to 10,000, by 2021, replace damaged data collection systems, or, repair faulty ones, for smooth registration process.
“The secret of digital economy and development planning is a credible national biometric database. This is one of the reasons that FG should increase the capacity of NIMC”, DEMS Volunteers said.
Union Bank of Nigeria has secured certification under the Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1, a global standard for protecting payment card data.
The certification took effect on August 11, 2026, confirming that the bank’s systems for storing, processing and transmitting customers’ credit and debit card information meet stringent international security requirements.
PCI DSS certification is designed to reduce the risk of payment card data breaches and financial fraud while strengthening customer confidence in electronic payment systems.
The assessment covered key areas of Union Bank’s operations, including network infrastructure, card issuance, ATM and POS transactions, payment processing, reconciliation, settlement, chargebacks, dispute resolution and retail banking.
Union Bank was assessed and certified under the Service Provider category.
The certification process lasted a full year and involved quarterly assessments, with support from departmental, business and functional heads across the bank. Digital security firm Digital Encode supported the process, while the final independent audit was conducted by CyberCube, an accredited Qualified Security Assessor.
Yetunde B. Oni, Managing Director and Chief Executive Officer of Union Bank, said the certification demonstrates the bank’s commitment to protecting customer information.
“The security of our customers’ information is central to everything we do at Union Bank. This certification reaffirms that our payment systems and processes meet a rigorous global standard, and it reflects the discipline of colleagues across the Bank who work every day to keep customer data safe.”
The renewal also ensures that Union Bank maintains continuous PCI DSS certification, in line with the Central Bank of Nigeria’s requirement for banks to sustain compliance without interruption.
New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.
In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.
Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.
For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.
CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”
Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.
Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.
Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”
The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.
That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.
Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages
Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.
Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.
According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.
Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.
Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.
He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.
The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.
The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.
The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.
FG Seeks to Half Burkina Faso’s Internet Cost while Nigerians Pay more
Cyberthreat: New Malware, Turns Phones into Tools for Card Fraud- Report
SEC Clears Blockchain for Accelerated Regulatory Incubation Programme
Union Bank Secures Global Payment Data Security Certification
NLNG, NCDMB Boost Engineering Research with Innovation Centre
EFCC Busts NIS Visa Overstay Racket, Uncovers N700m in an Account
Fact-Check: Elon Musk’s “Tesla Pi Phone” is Internet Rumor
NBC Tasks Broadcasting Stations over 2028 DSO Global Deadline
Glo Sponsored African Voices to Feature Netflix’s “The Polygamist” Stars
NBC, INEC, Plan Joint Broadcast Monitoring Framework ahead of 2027 Elections
News3 days agoNCAA to Introduce RFID Technology to Tackle Missing Luggages
General News3 days agoNigeria Not Making Progress in Fiscal Transparency –US
Telecom3 days agoGSMA Industry Services Unveils Circularity Services to Help Operators Reduce E-Waste and Unlock Value
Telecom3 days agoMTN Nigeria Unveils Y’ello Street Museum to Mark 25 Years of Connectivity
Telecom2 days agoAirtel Nigeria Adds Over 1,000Cell Sites in Nationwide Expansion to Surpasses 17,000
News3 days agoFirm Urges MSMEs to Increase Digital Payments Adoption for Growth
E-Financial3 days agoSEC Directs Operators to Subscribe to NigSac Alerts, Freeze Terrorists-Linked Funds
E-Financial3 days agoAFC Raises $430m in Digital Bond to Deepens Digital Financial Infrastructure