News
Huge Turn-out as Yudala Debuts “Gyming With The Stars”
Thousands of Nigerians trooped to the National Stadium, Surulere on Saturday as Yudala, Nigeria’s first true composite online and offline retail chain, kicked off the debut edition of its Corporate Social Responsibility (CSR) initiative to promote Fitness, Wellness and Entrepreneurship among Nigerians.
Tagged Gyming with the Stars, the event also witnessed the unveiling of YUBOSS, an entrepreneurship scheme targeted at jobs and wealth creation for Nigerians in partnership with foremost financial institution, Access Bank Plc. and telecommunications giants, Airtel.
The well-attended event which kicked off by 7am witnessed work-out and light jogging sessions anchored by fitness instructors and ace comedian Ali Baba who doubled as compere and held the crowd spell-bound with his rib-cracking jokes.
In addition, A-list artistes Iyanya and Naeto C were on hand to add to the excitement, thrilling the crowd to several hit songs from their collections.
The event also featured a wellness talk by a healthy living expert Miss Julie Nwosu, inspirational tips on wealth creation in the 21st Century through YUBOSS and auction sales on a wide range of genuine products from the biggest brands: Smart phones, Computers, Laptops, IT equipment, Consumer Electronics and Lifestyle goods, with bidding starting from over 90% off actual product prices.
Star products of the day were the Phillips Air Fryer and Smoothies, latest healthy lifestyle products from the brand.
The event is expected to move to other major cities in the country including Ibadan, Asaba, Abuja, Owerri, Uyo and Enugu, among others to give Nigerians in those locations a chance to participate in the initiative.
Expressing his delight at the unprecedented turn-out and instant acceptance of the YUBOSS scheme which had many participants signing up at the event, Mr. Dave Ibelegbu, chief executive officer, Yudala Nigeria, noted that the company is committed to empowering Nigerian youths to become the masters of their own destinies, while setting new standards for the retail business in Nigeria.
“Going by our bold entry into the market and unique business model – a fusion of online and offline retail – Yudala has raised the bar in terms of service and product delivery today.
“It is important to state here that we are here to stay. We are a corporate with a conscience, a clear road-map and a mandate to contribute to the growth of the Nigerian economy. This is why we have put together the YUBOSS scheme through which smart Nigerians such as undergraduates, postgraduate students, unemployed, under-employed, housewives and many others can earn money and be their own bosses with zero investment.
“We are looking at empowering a minimum of two million Nigerians through YUBOSS and these figures are certainly going to rise as we go along. Through Gyming with the Stars, we are also promoting fitness and wellness by giving Nigerians a chance to work out with some of their favourite celebrities in major cities across the country.”
Also speaking at the event, Mr. Victor Etiokwu, executive director, Personal Banking at Access Bank, who represented the Group MD, Mr. Herbert Wigwe disclosed the shared optimism and commitment of the bank in partnering with Yudala to make the YUBOSS scheme a success.
“From what I have witnessed today, two million may be too little a number that will join in ten next 12 months as the country is currently challenged with over 19 million unemployed and under-employed citizens. YUBOSS is certainly a great a platform as it offers wealth and skill.”
Toeing the same line, Mrs. Tawa Bolarin, director, Airtel Nigeria, who stood in for Mr. Segun Ogunsanya, chief executive officer/managing director, noted that the zero investment nature of YUBOSS resonates with Airtel’s tradition of offering Nigerians huge value for less, while urging more Nigerians to sign up for the scheme.
“YUBOSS is an initiative that we are proud to be associated with. This is an unprecedented way of creating wealth for millions of people. It is also in line with what we do at Airtel by offering Nigerians the cheapest tariffs and flexible packages with high speed data access on 3G network.
“Through this, YUBOSS members can remain connected to the information they require to achieve their targets and create wealth for themselves and their families,” she said.
YUBOSS is an entrepreneurship scheme set up by Yudala to build a league of emerging entrepreneurs and generate creative employment for millions of Nigerians.
Members are entitled to attractive commissions and a wide range of benefits including business mentorship sessions and an opportunity to be a part-owner of a Yudala franchise store when they achieve platinum status.
Southeast Asia cybercrime networks are expanding operations into Africa as crackdowns intensify in the subregion, according to a recent report from the United Nations Office on Drugs and Crime (UNODC).
The massive, unintended geographic shift triggered by intense pressure from international task forces in Myanmar and Cambodia,have seen highly sophisticated criminal networks now establishing footholds in major tech hubs across Kenya and Nigeria, transforming local technical talent into accomplices for industrial-scale digital theft as reported by https://streamlinefeed.co.ke/
This strategic migration represents a critical evolution in the $17 billion crypto scam economy.
Transnational scam syndicates are organized criminal networks that run industrial-scale online fraud using trapped or trafficked labor.
The UNODC has documented this diversification, noting that African nations are increasingly targeted as operational bases due to robust internet infrastructure and a surplus of unemployed tech workers.
In response, local authorities are engaged in a frantic game of catch-up against well-funded foreign cartels.
Recall that in 2025, UNODC, described the shift as part of a broader trend in which crime “spreads like a cancer,” into regions with weaker enforcement and limited digital safeguards.
The report pointed to the rapid proliferation of online fraud operations, including cryptocurrency scams and phishing schemes, moving from countries like Myanmar and Cambodia into new footholds in Africa—particularly Nigeria.
A recent case publicized June 12, 2025 by the WeChat public account West Africa Chinese Voice illustrates the trend: Nigeria’s Economic and Financial Crimes Commission (EFCC) arrested 177 Chinese nationals in Lagos and Abuja between December 2024 and January 2025.
The suspects were allegedly running scam centers under the guise of corporate offices, where local Nigerians were trained to carry out online investment frauds—many following the “pig-butchering” model, which builds trust with victims before luring them into fraudulent crypto investments.
Authorities seized hundreds of SIM cards, high-performance computers, and prewritten scam scripts during the raids
Ugochukwu Eze, a 47 year-old man, was on Thursday arraigned before a Federal High Court in Lagos for allegedly hacking into the server of SunTrust Bank to steal a total of N800m.
Ugochukwu also known as Amazon, was arraigned before the court by the operatives of the Department of State Security (DSS).
DSS accused Ugochukwu of fraudulently hacking into the server of SunTrust Bank to remove and divert the sum of N800 million into several accounts in other financial institutions.
M. Bajela,prosecuting counsel, DSS, in the charges filed before the court alleged that the defendant and others now at large, between 2023 and 2026, conspired among themselves and unlawfully and seriously hindered the function of Suntrust Bank Plc’s computer system server and in the process fraudulently diverted over N800 million belonging to the bank.
Ugochukwu was also accused of concealing and transferring various sums of money traced to the unlawful cyber-attacks to some account in some financial institutions.
The offences alleged to have been committed by the defendant according to the prosecutor contravened sections 5; 6(1) and 8 of Cybercrimes (Prohibition, Prevention etc) Act, 2024. And Sections 10, 20 and 18(2)(D) of the Money Laundering (Prevention and Prohibition) Act, 2022.
The defendant pleaded not guilty to the allegations.
Based on his plea of not guilty, the prosecutor asked the court for a trial date, and prayed the court to remand the defendant in the facility of the correctional services pending the time trial will commence.
However, E. Afrogha, defendant’s lawyer, told the court that she has filed her client’s bail application. adding that her client has been in the DSS custody for over a month.
But the prosecution counsel told the court that he has not been served with the bail application, not withstanding that his witnesses are available.
Based on the counsels’ submissions, Justice Friday Ogazi, presiding judge, adjourned the matter to August 24,2026 for hearing of the bail application.
The judge also ordered that the defendant be remanded in the custody of the Nigerian Correctional Services (NCS) pending the hearing of the bail application.
One of the counts against the defendant reads: “That you UGOCHUKWU EZE (AKA AMAZON) (M) (47 YEARS) sometime between 2023 and 2026 in Lagos, and other places within the jurisdiction of this honourable court, unlawfully seriously hindered the function of SunTrust Bank Plc’s computer system, and in the process fraudulently diverted over N800, 000,000.00 (Eight Hundred Million Naira) belonging to the said SunTrust Bank thereby committed an offence contrary to and punishable under Section 8 of the cybercrime (prohibition, prevention etc.) Act, 2024.”
Liquid Intelligent Technologies is using light-beam technology developed by Google spinout Taara to supply data centres and large enterprise networks in Lagos, addressing the high costs and delays of laying underground fibre in dense urban corridors.
The deployment includes nearly 12 live optical links serving banks, hotels, and utilities across commercial districts, proving optical technology can supplement traditional physical infrastructure where trenching cables is impractical.
High-capacity bandwidth is being distributed directly from points of presence at Africa Data Centres and other Lagos facilities to enterprises beyond the reach of fibre cables.
This reduces network downtime in areas where physical cable cuts take days to repair. The rollout follows a two-year deployment by Liquid to strengthen network resilience for local internet service providers.
Nigeria remains one of the largest economies on the continent, with Lagos acting as its primary commercial hub. Expanding network infrastructure across dense urban environments requires operators to blend multiple technologies.
Using focused beams of light transmitted through the air, the technology allows operators to establish links within days rather than weeks, complementing existing physical networks.
Liquid is now assessing expansion into Abuja, Ibadan, and Kano.
“For Liquid, deployment speed has been one of the most significant advantages,” said Eugene Uka, acting chief executive officer of Liquid Intelligent Technologies Nigeria.
He added: “Traditional fibre deployments are not always a possibility, especially across difficult terrains. Taara links can often be installed and activated within hours, allowing Liquid to fulfil its mission to create a digitally connected future that leaves no African behind.”
Bhavesh Mistry, regional lead for Taara in Africa, commented: “As demand for connectivity continues to grow, operators need more flexibility in how they expand and reinforce their networks.
“Fibre remains an essential part of modern communications infrastructure, and will for some time, but there are many situations where deploying fibre quickly or cost-effectively can be difficult. Wireless optical communication gives operators another tool to extend capacity, reach customers faster, and build more resilient networks without compromising performance.”
The Taara Lightbridge system delivers up to 20 gigabits per second of capacity across distances up to 20 kilometres using invisible light beams.
The platform avoids trenching, spectrum licensing, or extensive civil engineering work. Taara claims its system is active in more than 20 countries with telecommunications operators, including T-Mobile, Airtel, Digicel, Liquid, and SoftBank.
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