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Investor in Court to Stop Sale of NITEL, MTEL

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Benjamin Dikki, director-general of the Bureau of Public Enterprises, (BPE)
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Basbsim International Limited has initiated a legal action against the moves by the Federal Government to sell the assets of moribund Nigeria Telecommunications (NITEL) Plc and Nigeria Mobile Telecommunications (MTEL).

In a suit  before the Federal High Court, Abuja, Basbsim wants the Bureau of Public Enterprises (BPE) compelled to accept its interests and be pre-qualified in the ongoing process to sell the assets of the hitherto national telecom giant.

The investor, in a suit with No. FHC/ABJ/517/2014, which it filed on July 10, 2014 but made available to newsmen yesterday in Abuja by Mr. Christopher Eichies, counsel to the plaintiff, the respondents were named as the BPE Director-General, National Council on Privatisation, NCP, NITEL, MTEL and the Attorney-General of the Federation, AGF.

The plaintiff averred that there was no transparency in the way the first to fifth defendants were handling the process, claiming that they had deviated from the guidelines for disposing off the assets of the sixth and seventh defendants.

The suit further sought a declaration that the first and second defendants’ refusal to allow the plaintiff submit its expression of interests on June 30, 2014 was illegal.

It therefore sought a declaration that the third defendant had the power to prevail on the first and second defendants to accept the plaintiffs pre-qualification.

The investor further sought for an order directing the first defendant to accept the expression of interests it duly prepared and those of other companies which were rejected.

Basbsim held that the fifth defendant was the court-appointed liquidator of seventh and eight defendants working in concert with the second and fourth defendants.

According to the investor, its attention was drawn to a June 9, 2014 in a national daily wherein the first and sixth defendants invited expression of interests from the general public.

The suit therefore held that it was on the strength of the advertisement that the plaintiff undertook to bid and purchase the assets of the sixth and seventh defendants.

Basbsim averred that it put a first financial and technical proposal and in line with international best practices and took same to the offices of the first to third defendants on June 30 as indicated in the advertorial.

The company said that the plaintiff’s Head of Operations in Abuja refused it entry into the premises of the first defendant on Plot 11, Osun Crescent, Maitama, adding that all its entreaties to the first to fourth defendants to accept the proposal were turned down as the security operatives announced that they were instructed by the management not to receive any proposals.

The company said with the development, it was clear that the defendants had predetermined companies to which the assets of the sixth and seventh would be sold to. f


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Safer Internet Day: Sophos Warns – 42% Attacks Hit Stolen Logins in 2025

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Sophos, a leading provider of innovative cybersecurity solutions, shared practical advice to help internet users safeguard their credentials and maintain continuous protection online.

Safer Internet Day: Sophos Warns – 42% Attacks Hit Stolen Logins in 2025

Sophos

According to the upcoming Sophos Active Adversary Report, compromised credentials were the leading cause of attacks (42.06%) in 2025.

This is a strong trend that continues to dominate the scene, with cyber attackers demonstrating ever-increasing ingenuity and relying on new tools to compromise the security and privacy of internet users.

John Shier, Field CISO Threat Intelligence at Sophos, said: “The way attackers are using automation and generative AI to massively increase the speed and volume of their attacks suggests that attacks will become faster and more sophisticated. The best approach to protecting our identities and digital data is to take a proactive stance on defense.”

“Criminals are increasingly targeting people rather than devices, and this trend is expected to continue and even accelerate. Once again, AI is being used as a weapon to create highly detailed phishing lures to entice people to disclose passwords or financial information through well-designed emails, text messages, and WhatsApp messages.”

1. Keep your devices up to date: the most important and simplest measure you can take to protect yourself in the long term.

Cybercriminals are constantly on the lookout for computers that don’t have all the latest security patches, making them easy targets for compromise. This includes computers, laptops, smartphones, tablets, and home Internet/Wi-Fi routers. In most cases, you just need to click “Check for Updates” or “Update Now” and allow the device to restart.

2. Use a password management tool, whether it is built into an operating system or a third-party tool.

Password uniqueness and complexity are then managed automatically, greatly facilitating account isolation and protection.

3. Enhance protection with phishing resistant (MFA).

Many websites offer the option of using an “authentication app,” a smartphone app that displays a unique code for a short period of time, which must be entered after the password, making it much more secure than simply using a password.

Better still, there is a new solution called “passkeys,” which generally uses biometric authentication on your smartphone (face scan, fingerprint) to log in without any password. This is the best choice when available.

John Shier concludes: “Criminals will never stop trying to steal from us, so we must remain vigilant. We know that they are constantly improving and becoming more skilled at deceiving us, so it’s up to us to move forward and improve our protections to stay safe.”

For more information, please visit: https://www.sophos.com


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EU Eyes Interim Ban on Meta’s WhatsApp AI Restrictions

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European Union has launched a formal challenge against Meta Platforms over a new policy restricting third-party artificial intelligence tools on WhatsApp.

EU Eyes Interim Ban on Meta's WhatsApp AI Restrictions

Meta

Regulators accuse the U.S. tech giant of abusing its dominant position in the messaging market to favor its own AI assistant.

On January 15, Meta implemented changes to the WhatsApp Business API, allowing only its proprietary Meta AI to operate while blocking rival chatbots.

The European Commission quickly responded with a statement of objections and announced plans for interim measures to prevent “serious and irreparable harm” to competitors during the ongoing investigation.

EU antitrust chief Teresa Ribera stressed the need to safeguard competition in the booming AI sector. “We cannot allow dominant tech companies to illegally leverage their dominance for an unfair advantage,” she said.

Interim steps could force Meta to restore access for third-party AI tools on WhatsApp pending the probe’s outcome.

Meta defended the policy, insisting the WhatsApp Business API serves business-to-customer needs, not general AI distribution.

A spokesperson highlighted alternatives like app stores, devices, and websites for other AI options, rejecting claims that the API is essential for chatbots.

This dispute echoes actions elsewhere: Italy restricted Meta similarly last December, while Brazil recently lifted a comparable court order.

As AI integrates deeper into daily apps, the EU’s moves signal heightened scrutiny on tech gatekeepers.


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Webb Fontaine Unveils AI Customs Revolution at WCO Abu Dhabi Summit

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Webb Fontaine has launched Webb Fontaine Zerø, a groundbreaking AI-powered Customs platform, at the 2026 WCO Technology Conference in Abu Dhabi, drawing over 1,500 delegates from 100+ countries.

Webb Fontaine Unveils AI Customs Revolution at WCO Abu Dhabi Summit

Webb Fontaine

CEO Alioune Ciss unveiled the LLM-based concept during the keynote, calling it a “complete reset” from legacy systems – embedding AI across operations for real-time regulatory adaptation, risk management, and trade facilitation under the theme “Customs Agility in a Complex World.”

CTO Ara Shamirzayan led panels on AI risk analytics, while GM Anicet Houngbo moderated border digitalization talks showcasing emerging market successes.

The firm’s stand hosted Zerø demos, interactive sessions, and a sponsored gala dinner, reinforcing WCO ties via SAFE Framework and PSCG contributions.

Webb Fontaine eyes global partnerships to deploy agile, future-proof Customs tech amid rising trade demands.


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