News
Mojoy CEO Seeks Federal Government SME Support for Computer Village

The Federal Government has been asked to introduce an urgent Small and Medium Enterprises (SME) support programme for businesses in Computer Village, Nigeria’s largest technology market cluster based in Ikeja, Lagos.
Mrs Nike Shittu, CEO of Mojoy Computers Limited, made the call urging the Federal Government and its relevant agencies to aid Computer Village SMEs as critical segment of the information and communication technology (ICT) industry in Nigeria.
“We need help within that cluster, and I don’t think that we can be seen from afar by the Federal Government alone. I think that there are bodies and Ministries and other institutions that can push our interest”, the Mojoy CEO said in an interview making the cover of Komputer Village, the monthly magazine of the Nigeria’s largest technology market published by Technology Times Media Limited.
Mrs Shittu who shared her entrepreneurship journey in the interview with Komputer Village Magazine says that since she started doing business in the market in year 2000, Computer Village has evolved to become the leading technology business hub in Nigeria.
But for the Mojoy CEO, “I think it’s so unfortunate that the government does not support the SMEs because they form the backbone of the economy of many countries because the small businesses gather small number of people and before you know it, they are taking unemployment out of the country.”
She explains further that, “I could do much more than I’m doing, but I know I have limited capital. We have never ever been encouraged by the government like ‘how can we help you to grow this business?’
“By the time you go to the bank, by the time they ask you for all manner of things, property and all that, means they don’t even believe in us. After all that, imagine them coming with a proposal of two million for somebody like me. What will I do with two million?”
The Mojoy CEO is now “calling on institutions like NITDA (National Information Technology Development Agency), Ministry of Communication, Information, other ministries, other parastatals, that can bring the attention of our need to the Federal Government where we can be helped and be given facilities that will be within unit interest that can help us, and that can sustain us because borrowing at 28%, 30% is like we are just working for the bank.
We just need help in this area very seriously and very urgently because a lot of people are already taking off from the market.”
The urgently-needed Federal Government support has become necessary to check migration of SMEs from Computer Village into the Nigerian job market, Mrs Shittu says and also encouraged more women and youth in the country to take up entrepreneurship.
“But the point is that whoever wants to do business should look beyond their sex. Let them assess the business. Because at a point I only wanted to do what I love to do. I don’t want to work just for money alone. I want to love what I do and that’s what I’ve been doing.
“I love this business. That’s my number one motivation. Number two motivation is I like challenges. Whatever challenges me, I want to deal with it. That’s what has kept me going and I want to tell every woman, wherever you find yourself first and foremost see yourself as an entrepreneur, A typical entrepreneur is a risk taker”, she tells fellow women in business.
Mrs Shittu has an advice for the woman entrepreneur that should “know exactly what you’re doing because these days you can only take calculated risks. Why take stupid risks? Don’t look at anybody. You’re doing business. Don’t look at what anybody is saying and don’t do anything beyond your capacity. That’s how a woman should look at things.”
The Mojoy CEO also advised Nigerians youths on entrepreneurship. “I want to encourage the young school leavers not to think that the government has to provide them with jobs; it has to be white collar jobs; it has to be this and it has to be that.
Now, if you can travel out of this country, go out there and go and do whatever is available to make money, what stops you from doing whatever business you can do for a start here too to make some little money and then from there grow the business”, she says.
News
INEC Warns of Fake Ad-hoc Staff Recruitment Portal

Independent National Electoral Commission (INEC) has raised alarm about a fake and unauthorized website falsely claiming to be an “INEC Ad-hoc Staff Recruitment Portal 2026.”

The Commission raised the alarm in a statement published on its website late Tuesday.
It identified the fake recruitment website as okripeti.org/Inec-ADhoc-Sta…
The Commission affirmed that the website is fake and not affiliated with the it in any way.
“Members of the public are advised that any information, statistics, or application forms on this website are false, misleading, and intended to deceive unsuspecting applicants.”
It also advised anyone who has already registered on the fake portal to discontinue immediately and reapply only through the official INEC links provided above.
“INEC remains committed to transparency, credibility, and the protection of the public from fraudulent activities,” the Commission said.
The Commission also said it conducts Ad-hoc Staff recruitment ONLY through its official platform known as INECPRES.
It listed the only authentic links for the 2026 FCT Area Council Election Ad-hoc Staff recruitment as: •🌐 Web & iOS: pres.inecnigeria.org •📱 Android (Mobile App): presmobile.inecnigeria.org
It added that any other website or link outside the above is not authorized by INEC.
It thereforfore advised prospective applicants to verify all recruitment information using INEC’s official websites, not to click or register on suspicious or unofficial links
not to submit personal details (BVN, passwords, OTPs, or bank details) on non-INEC platforms and to always check that the URL ends with inecnigeria.org
News
NRS Boss Dismisses Fears of Political Weaponisation in Tax Reforms

Dr. Zacch Adedeji, Chairman of the Nigeria Revenue Service (NRS), has allayed fears that the new tax reform framework could be weaponised by the Federal Government to target political opponents or individuals based on affiliation.

Dr. Zacch Adedeji
Adedeji, responding to concerns over potential selective enforcement or politically motivated tax scrutiny, insisted the reforms prioritise national interest, transparency, due process, and institutional accountability.
Addressing speculations on suppressing opposition voices ahead of elections, he said: “I think the question you will ask is that we need to commend the courage of Mr. President, that despite the fact that there is an election coming, he is courageous enough to continue on this path of statesmanship and not of politicians.”
The NRS boss explained that it would have been politically expedient to shelve the reforms during an election cycle, but President Bola Tinubu opted to strengthen the country’s fiscal foundation and economic governance.
He outlined that the agenda targets structural tax system weaknesses, enhances fairness, and fosters a simplified, predictable compliance environment to boost voluntary participation over coercion.
Adedeji attributed public scepticism to Nigeria’s history of perceived institutional misuse, but stressed the new framework minimises administrative discretion through rule-based processes, automation, accountability, and governance safeguards insulated from political influence.
According to him, the reforms emphasise taxpayer trust, linking taxes to visible public service improvements while expanding growth opportunities and sustainable public finances.
He reaffirmed the focus on economic stability, credible institutions, phased implementation, investment support, vulnerable group protection, and freedom from partisan interference.
News
Court Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank

An Ikeja Special Offences and Domestic Violence Court on Monday sentenced Olawale Faleti, a former Lagos State Education director, to two years and five months’ imprisonment for stealing ₦48.9 million from Access Bank Plc.

Justice Rahman Oshodi convicted Faleti, 64, on five counts of stealing after finding him guilty of charges filed by the Economic and Financial Crimes Commission (EFCC).
In his judgment, Oshodi said the offence was deliberate and sustained, noting that Faleti carried out repeated withdrawals despite knowing he had no authorisation to access the funds.
The judge added that the convict failed to show genuine remorse or fully accept responsibility for his actions.
“Financial institutions are the lifeblood of our economy and public confidence in them must be preserved,” Oshodi said, adding that “Those who attempt to defraud or steal from banks must understand that severe consequences will follow.”
While acknowledging Faleti as a first-time offender, the court said a custodial sentence was unavoidable.
The judge applied a 20 per cent reduction from the three-year maximum sentence, citing minimal restitution efforts as a mitigating factor.
Faleti was sentenced to two years and five months’ imprisonment on each of the five counts, with the sentences ordered to run concurrently.
The court directed that the sentence take effect from January 5, 2026, and ordered that Faleti’s biometric details and name be entered into the Lagos State Judiciary offenders’ registry.
After deducting ₦3 million already restituted, the court ordered Faleti to pay an outstanding ₦45.9 million to Access Bank Plc, directing the bank to notify the court upon full recovery of the funds.
Earlier, Mr Ahmed Dambuwa, EFCC counsel, told the court that Faleti dishonestly converted ₦48.9 million belonging to the bank by exploiting unauthorised access to an Access Bank credit card.
He said the card permitted withdrawals of not less than ₦43,000 per transaction, but a system glitch enabled Faleti to withdraw about ₦48 million during the COVID-19 pandemic in 2020.
One of the charges stated that between July 2 and July 10, 2020, Faleti converted ₦12.6 million for personal use, while another alleged that between May 22 and July 1, 2020, he converted ₦6.9 million, all property of Access Bank Plc.
The offences were said to contravene Section 287(1)(a) of the Criminal Law of Lagos State, 2015.
News2 days agoCourt Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank
E-Financial2 days agoRemita Powers over ₦100 Trillion in Payments as Nigeria’s Digital Economy Expands
News3 days ago974 Nigerians Face Imminent Deportation from Canada Amid Enforcement Surge
E-Financial2 days agoWhy 2026 Must Be the Year Nigeria’s Economy Works for All
General News3 days agoHouse of Reps Releases Certified Copies of Tax Reform Acts amid Gazette Discrepancy Claims
E-Financial2 days agoFlutterwave Acquires Nigeria’s Mono in $25m-$40m All-Stock Deal
E-Financial2 days ago2026: SEC to Review Rules to Incentivise SME Listings
General News2 days agoNigeria Targets Satellite-to-Mobile Services in Draft Spectrum Roadmap

















