General News
Interswitch Attains Payment Card Data Security Standard Certification (PCI DSS)
Interswitch, Nigeria’s premier switching transaction and electronic payment processing firm, has attained the Payment Card Industry Data Security Standard (PCI DSS) certification.
Thus, Interswitch has joined the elite group of over 1,000 service providers worldwide that have the same certificate.
The service provider designation for PCI DSS compliance indicates that all payments and card transactions sent through Interswitch meet the highest possible standards for data security. To reach this stage, external auditors from Qualified Security Assessors (QSA) and Approved Scanning Vendors (ASV) have meticulously examined and tested Interswitch’s software architecture to ensure that it meets the highest security levels.
Interswitch is the first company in Nigeria to achieve PCIDSS compliance and joins the elite group of 21 other companies across Central Europe, Middle East and Africa
According to Mr. Mitchell Elegbe, managing director of Interswitch, the PCI DSS auditors examined Interswitch’s system and hardware infrastructure to ascertain their PCI DSS standards. The process also allowed the auditors to address human element and verify that Interswitch’s staff are properly trained on internal and external vulnerabilities, which could “compromise data or card security”.
Elegbe said by becoming PCI DSS-compliant, Interswitch’s customers’ confidence would be boosted with the assurance that there is a higher level of protection for their data, which would improve the company’s competitive advantage while safeguarding its brand and reputation.
“With this latest development, Interswitch has built and maintained a secure business network system that will be less prone to successful attacks as there will be continual security checks to make sure compliance is maintained”.
He further explained that Interswitch now has a reasonable assurance that risk management processes around cardholders’ data protection are robust and properly aligned with the organization’s business objectives.
Notably, he said with the PCI DSS certification, banks and other corporate entities that are connected to Interswitch’s infrastructure have the opportunity to further gain customers’ trust, as such organisations would be seen as working with a company that “provides a high level of security to personal data”.
Explaining the rationale behind the PCI DSS certification, Elegbe said with the increasing fraudulent use of cardholders’ data and the need to enhance security and customer confidence, Interswitch in 2008 initiated the process of becoming PCI DSS-compliant, and thereafter subjected itself to rigorous audit from QSA and ASV.
Developed by the founding payment brands, MasterCard Worldwide, Visa
International, American Express, Discover Financial Services and JCB; PCI
DSS helps to facilitate the broad adoption of consistent data security measures on a global basis.
The five founding members jointly formed an independent regulatory organization called the PCI Security Standards Council (PCI SSC) to promulgate the standard. The PCI DSS reflects an agreed position on the combination of each of the credit card brands’ security standards.
QSA is a recognized body of auditors certified by the PCI SSC as being qualified to assess compliance to the PCI DSS standard while ASV is certified by the Council to perform vulnerability scans of networks and internet facing environments.
General News
Senate Gives Tinubu Nod to Borrow Fresh $6Bn

Senate on Tuesday approved the fresh $6 billion loan request forwarded to the lawmakers by President Bola Tinubu.

Lawmakers approved the fresh loan on the same date the request letter was read by Godswill Akpabio, senate president.
The Senate approved the loans following the presentation and consideration of the report by Senator Aliyu Wamakko, chairman, Senate Committee on Local and Foreign Debts.
President Tinubu had written to the Senate seeking approval to borrow a total of $6 billion to finance key government projects and address budgetary gaps.
The requests were contained in two separate letters addressed to Godswill Akpabio, president of the Senate, and read during Tuesday’s plenary.
In the first letter, the President requested approval to obtain a $5 billion loan from Abu Dhabi Bank.
According to the President, the facility will be used to cover the nation’s budget deficit and support debt financing, among other fiscal obligations.
The request forms part of the Federal Government’s efforts to stabilise public finances and sustain ongoing government programmes.
In a separate communication, Tinubu also sought approval to secure a $1 billion UK Export Finance loan facility from London Citi Bank.
The loan is intended for the rehabilitation of key port infrastructure, including the Lagos Port Complex and Tin Can Island Port.
The President said the project aims to address critical infrastructure deficiencies in the country’s maritime sector
According to him, the rehabilitation will help improve efficiency, enhance safety standards, and support Nigeria’s efforts to diversify its economy beyond oil.
He added that the initiative would also strengthen Nigeria’s position as a regional trade hub.
Both requests have now been considered and approved by the Upper Legislative Chamber.
General News
FG Earmarks $2Bn to Launch 2 Satellites in 2028, 2029

Federal government has fixed 2028 and 2029 for the launch of two communication satellites, NIGCOMSAT-2A and NIGCOMSAT-2B, as part of efforts to strengthen security and expand digital connectivity.

The government will be committing over $22 billion on the ambitious space-led growth agenda focused on new satellite launches, increased industry revenue and expanded broadband access in underserved communities.
At the opening of the 2026 Nigerian Satellite Week in Abuja, Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, confirmed the government’s approval for the acquisition of two new satellites—NigComSat 2A and 2B, describing the move as a “defining commitment” to national development, digital sovereignty and economic competitiveness.
Also, Mrs Jane Nkechi Egerton-Idehen, managing director of Nigerian Communications Satellite Limited (NigComSat), noted that the projects have moved beyond procurement to the execution stage.
She said the satellites are designed to enhance intelligence gathering, surveillance, and connectivity across Nigeria and neighbouring countries, particularly in support of security operations.
“For 2A and 2B, we have started the process. We have closed the tender and are now back into the financing and implementation stage. 2A is built to come up in 2028, and 2B for 2029.
“When they are up and running, they are expected to provide security within the borders and neighbouring countries. They will support the security agencies because data collection and intelligence in real time is important. Satellites like communication satellites allow that, irrespective of where they are,” she said.
On his part, Tijani, said the satellite programme forms part of a broader government strategy to deepen digital infrastructure nationwide.
According to him, the initiative complements ongoing investments in fibre-optic expansion and telecommunications infrastructure, while extending connectivity beyond Nigeria’s borders.
“The President’s approval of NIGCOMSAT-2A and 2B demonstrates a clear commitment to building the future. These satellites will enhance security, connect remote communities, and extend our fibre-optic network into neighbouring countries.
“Some of these neighbouring countries pay up to ten times more for internet capacity than Lagos. Extending our fibre network will not only improve connectivity but also enhance border security and regional collaboration.
“Satellite technology affects everything, from how a child in a rural community accesses the internet to how farmers make critical decisions and how businesses operate across distance,” he said.
General News
FG Launches CLHEEAN to Streamline Access to Government Services

Federal government has announced the launch of CLHEEAN, an artificial intelligence-powered mobile application designed to improve interactions between citizens and public institutions.

It is also a civic education and community engagement app.
Developed under the National Orientation Agency (NOA), the platform functions as a virtual assistant accessible via mobile devices.
It allows users to access information on public policies, ask questions, and interact directly with government services.
The app includes features such as instant messaging, voice recognition, and multilingual support, including several local languages, to reach a wider audience.
With CLHEEAN, users can also submit feedback, report concerns, and take part in discussions on public policies. The approach is intended to strengthen citizen participation and improve communication between the government and the public.
Lanre Issa-Onilu, director general of the NOA, said the initiative addresses a long-standing gap between citizens seeking to be heard and systems that do not always respond effectively, adding that the platform marks a step toward closing that gap.
The launch comes as Nigeria continues to face challenges in citizen engagement and the dissemination of public information.
By leveraging artificial intelligence, authorities aim to make public services more accessible while improving transparency and responsiveness.
The initiative also reflects a broader trend across Africa, where governments are increasingly exploring the use of AI to modernize public services and strengthen ties with citizens.
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