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IIM-Africa Says Tech Most Powerful with Information, Inducts UK Members
The Premier Information Management Institute in Africa, the Institute of Information Management (IIM), recently held her maiden Induction/Investiture ceremony at Crowne Plaza, Battersea, London.
In his welcome address,President and Chairman of the Council, Amb. (Dr) Oyedokun Oyewole, dwelled on the importance of technology as the most powerful tool when combined with knowledge and information.
In addition, he said the dream of the Institute is to help both public and private organizations in Africa develop the required frameworks, tools and culture needed to build capability and capacity by improving professionalism in the field of Information Management.
The theme of this phenomenal event was “Institutionalizing Information Management in Africa” a paper delivered by Partner, Eunoia Limited, UK, Mr. Neil Mc Callum.
In his keynote address, Mr Mc Callum addressed the need to re-model the way public sector information management systems work from the legislative framework, controlling information management to the structure/staffing of the organisations that implements/executes legislation.
According to him, “it is imperative for people, both decision makers and citizens to change their mind set on how they see and perceive information itself”. He said that for this to happen, there are two problems which, on the face of it would seem unlikely to occur simultaneously: An excessive concern about form and structure over content; and a failure to see information as an organisational resource.
“Information management has been neglected for decades. The insurgency of the social interactive media technology has totally changed the way we view, collect, disperse, archive, and retrieve information, as well as the entire information management process from back in the days. We are therefore here today, to sensitise the populace on the need for a proper management and protection of records and information”.
Two Sub theme papers were delivered by Scott Sammons, Chairman, Information and Records Management Society (IRMS) UK and Mr. Femi Ogunremi on Data Protection Imperatives for Africa and Information Governance in Africa – The Role of health care practitioners respectively.
The high point of the event was the presentation of the Information & Records Management Society (IRMS) Fellowship Certificate to Amb. (Dr) Oyedokun Ayodeji Oyewole by Scott Sammons, Chairman, IRMS UK. A remarkable achievement by the IIM President being the first and only African to be inducted into the UK Information & Records Management Society (IRMS).
The ceremony which attracted dignitaries and professionals both from Nigeria and Diaspora cuts across board spanning, Information Technology, Manufacturing, Arts, Audio/Video Technology and Communications, Hospitality and Tourism, Administration, Health Care, Government Parastatals.
IIM also recorded another feat by bringing together all that matters in the Diaspora to attend this monumental event with the aim of inducting and recognising those personalities who have excelled in their various fields and made substantial contributions to the development of Information Management & Technology profession both in Nigeria and in Africa.
New members were inducted into different membership grades. Amongst dignitaries present at this great event include: President / Chairman of Governing Council, IIM-Africa, Amb. (Dr) Oyedokun Ayodeji Oyewole, Mr. Neil Mc Callum, Partner, Eunoia Limited UK (Keynote speaker); Scott Sammons, Chairman, Information & Records Management Society,(IRMS) UK who was one of the keynote speakers; Mr. Femi Ogunremi, CEO and Founder Monitor Health Care Ltd. UK; Amb. Toye Okanlawon, Dr. Oseni, Director LASRAB, HRH Prince Tade Olusile, Mrs Aisha Dania Ogieriakhi, the UK Coordinator for IIM Africa and a Business Support Administrator with UK Power Networks, one of the largest , distribution network operator for electricity covering South East England, the East of England and London. Mr Tai Oderinde Abeleshindogba, Dr Dayo Olomu (Anchor person); Chief Bimbo Roberts Folayan, HRH, The special guest of the occasion, The Royal father, His Royal Highness, Oba Makama – Olowu of Kuta was however unavoidably absent.
The vision of IIM-Africa is to be recognized and respected as the premier information management institution in Africa, with influence on Information Management trends and educational requirements, driving the development of competent professionals’ for the ultimate recognition of information management as a professional field in various organizations globally.
DataPro Rating Agency has upgraded the long-term credit rating of Dangote Cement Plc to AA+ from AA, citing the company’s strong financial performance, market leadership and ability to meet its financial obligations despite Nigeria’s challenging economic environment.
In its latest rating report, the technology-driven credit rating agency also affirmed Dangote Cement’s short-term rating at A1, with a Stable Outlook. The ratings are valid until June 16, 2027.
DataPro said the upgrade reflects the cement maker’s sustained financial strength, resilient operating performance and dominant position in Nigeria and across Africa.
According to the agency, the assessment followed a comprehensive review of the company’s capital base, earnings, liquidity, corporate governance, regulatory compliance and the sustainability of its financial performance over the medium to long term.
It noted that Dangote Cement’s strong brand, leading market share, solid earnings, robust asset base and experienced management continue to strengthen its ability to meet financial commitments on time.
The agency also highlighted the company’s outstanding financial performance in 2025.
According to the report, Dangote Cement posted N4.31 trillion in revenue during the year, representing a 20 per cent increase from the previous year. Profit before tax more than doubled, rising 109 per cent to N1.53 trillion, driven by higher sales, improved operating efficiency, lower finance costs and a stronger capital structure.
DataPro said the AA+ long-term rating indicates low credit risk and reflects excellent financial strength, business profile and operating performance relative to its rating benchmarks.
It added that the A1 short-term rating signifies good credit quality and shows that the company has a strong capacity to meet its short-term financial obligations as they fall due.
The rating agency, however, noted that the credit rating has a maximum shelf life of 12 calendar months in line with international best practice and should be used only as a reference, not as an offer to trade in securities or as a substitute for investors’ independent judgement.
Xora Finance has announced it will no longer consider job applicants from Nigeria.
Xora Finance is a digital bank founded by Joren Lundgren, in February 2026 and allows users to deposit and earn interest on their XRP cryptocurrency.
Lundgren, founder, in an announcement on X (formerly Twitter), cited an ongoing pattern of misconduct, such as dishonesty and theft, from previous Nigerian hires as the reason for the decision.
This sudden blanket ban came just days after the company’s official career page was aggressively recruiting remote workers for marketing and content roles.
The announcement generated heavy backlash online, with many people upset that a blanket rule punishes honest job seekers.
Some lawyers have said that victims of Ponzi schemes have legal remedies, although recovering lost funds and prosecuting perpetrators remain major challenges.
A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new participants rather than from actual profits.
Operators lure victims by promising high returns with little to no risk.
The scheme inevitably collapses when the flow of new investors slows down.
Some lawyers who spoke to News Agency of Nigeria (NAN) separate interviews with on Sunday, said that victims could pursue civil actions to recover their money.
Mr Chibuikem Opara, a lawyer at Justification Chambers, Ikeja,said many Nigerians continued to fall victim to Ponzi schemes in spite of repeated warnings.
Opara said it was wrong to attribute participation in Ponzi schemes to a lack of investment opportunities, noting that promoters often exploit investors’ greed through promises of unrealistic returns.
“What you cannot take away is the fact that many Nigerians have fallen and continue to fall victim to these schemes every time,” he said.
According to him, victims may individually or collectively institute civil actions against the beneficiary company for breach of contract or refund arising from failure of consideration.
Opara said victims could also unite to seek an order from the Federal High Court to wind up the beneficiary company.
He, however, noted that such efforts might yield little benefit if perpetrators had already siphoned the funds and left behind an empty shell.
The lawyer said available remedies largely depended on the actions of relevant authorities, adding that recipient accounts could be frozen to facilitate fund recovery and support winding-up proceedings.
Opara said regulators and law enforcement agencies often became aware of Ponzi schemes only after substantial losses had occurred.
According to him, victims frequently failed to report suspicious schemes early enough to enable timely intervention.
He added that funds are sometimes moved outside the country before authorities become aware of the fraud.
Opara also cited inadequate information and the deceptive nature of the schemes as major obstacles to investigation and prosecution.
“Most times, everything about the schemes is made to appear elusive, just like the profits promised to victims,” he said.
Also speaking, Mr Vincent Aminu of A.F. Aminu and Co. advised that victims of investment scams should report such cases to appropriate law enforcement agencies on time.
Aminu said victims could petition the Economic and Financial Crimes Commission (EFCC) or file reports with the police.
He said that after investigation, prosecutors could bring charges against suspects under relevant fraud-related laws, including provisions of the Criminal Code and the Advance Fee Fraud and Other Fraud Related Offences Act.
Beyond criminal prosecution, Aminu said .victims could pursue civil actions to recover their money
According to him, such actions may be based on breach of contract, unjust enrichment, or fraudulent misrepresentation, depending on the circumstances.
He added that victims could petition the Securities and Exchange Commission (SEC), which could investigate illegal operators, shut down unauthorised platforms, and freeze assets.
He identified the anonymity of online fraudsters as one of the biggest challenges confronting investigators.
According to him, many operators concealed their identities through fake digital profiles and technologies that made tracking them difficult.
Aminu also noted that victims who delayed taking legal action risked losing opportunities for redress.
He added that prolonged court proceedings often delayed justice for victims.
“Many fraud-related cases take years before the court reaches a verdict, thereby delaying justice for victims,” he said.
Also, Mr Chris Ayiyi of Ayiyi Chambers, Apapa, described Ponzi schemes as a gamble that benefited early participants at the expense of later investors.
Ayiyi said some early entrants received returns on their investments, thereby encouraging others to join the schemes.
He said the schemes eventually collapsed, leaving late investors to bear the losses
The lawyer called for a complete ban on Ponzi schemes or sustained public enlightenment campaigns against them.
He urged the National Assembly to enact laws that would strengthen regulation and provide greater protection for investors.
According to him, stronger legal safeguards are necessary in a country operating a capital-based economy.
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