General News
Nigeria to Spend $20Bn on APRM
Dr. Gabriel Gundu, director African Peer Review Mechanisim (APRM) has hinted that Nigeria will commit a some $20 billion to implement all actions relating to the projects in the next four years.
Gundu, in a paper titled: NEPAD Nigeria: Implementing the APRM, Nigeeria’s National Programme of Action, presented at the meeting of the Special Adviser to the President on NEPAD with Focal Point Officers, disclosed that the programme has a cost structure that is reflective of the prioritization of governance issues which Nigeria has adopted in line with the APRM vision.
Giving a breakdown of the cost content of the new governance direction meant to turn Nigeria around in line with the universal best practice in socio-economic development, democracy and political governance, economic governance and management and corporate governance, Gundu said that at the end of 2012, Nigerians will see a new Nigeria of her dream if the huge amount is commited in those projects strictly.
Gundu also said that Socio-Economic Development will cost the nation US$8 billion or 40 per cent of the total cost, Democracy and Political Governance will consume US$5 billion or 25 per cent of that amount,Economic Governance and Management, US$4 billion or 20 per cent, while Corporate Governance was allocated US$3 billion which represents 15 per cent of the total cost.
He said that APRM programme "is estimated to have an aggregaate expenditure of US$20 billion, being a supplementation of the normal annual budget of the three tiers of Government, and designed to increase the country’s overall capacity for implementing development projects."
Disclosing the cost-sharing formula of the US$20 billion for the three tiers of Government, the APRM Director said the Federal Government was allocated 52.70 per cent, State Governments are to share 26.70 per cent, while the Local Governments will share 20.60 per cent of the total cost.
According to Gundu, "The second year attracts more funds because it is the actual implementation stage of the project which is 35%, the third year, which is completion, assessment and rounding off the project attracts 25% and fourth year is 15%, to be utilized for project evaluation."
He said that similarly, a project having a time frame of three years has an allocation of 30 per cent in the first year, 45 per cent in the second year and 25 per cent in the third year.
He further said that implementation of APRM programmes will start from January 2009 and end December 31st 2012, noting that Nigeria was not Peer Reviewed at the last AU meeting in Cairo Egypt due to time factor, hoping that the process which has gone two out of three in Egypt, will be completed at the next AU extra-ordinary meeting coming up in October this year after which Nigeria will receive a certificate of Peer Review.
General News
FG Urges Stakeholders to Unlock Trade Opportunities for MSMEs To $3.5trn AfCFTA Market

The Federal Government has launched the ‘Cross-Border Digital Payments and Identity in Nigeria under the AfCFTA’ report, urging stakeholders to unlock trade opportunities for Micro, Small and Medium Enterprises (MSMEs) to access the $3.5 trillion African Continental Free Trade Area (AfCFTA) market.

The high-level report, hosted by the Office of the Vice-President in collaboration with ODI Global under the Supporting Investment and Trade in Africa (SITA) programme, was unveiled on Monday by the Deputy Chief of Staff to the President, Ibrahim Hassan Hadejia, in Abuja.
Hadejia described the research as both timely and strategic, noting the strong coordination by the Office of the Vice-President and the leadership of the Federal Ministry of Industry, Trade and Investment.
He revealed that the cross-border payments report followed earlier milestones, including the development and launch of Nigeria’s Digital Trade Strategy and a capacity-building programme for subnational leaders.
According to him, Nigeria is increasingly assuming a leading role in shaping the digital trade agenda across the African continent, necessitating that the country remains at the forefront of AfCFTA implementation.
He noted that deepening engagement with AfCFTA and enabling businesses, particularly SMEs, to conduct seamless cross-border transactions will be critical to unlocking trade, fostering growth, and creating jobs.
He further stated that efficient cross-border payments, supported by trusted digital identity systems as recommended in the report, will be key to realising President Bola Ahmed Tinubu’s Renewed Hope vision for Nigerian MSMEs.
Hadejia also observed that while the report identifies the Pan-African Payment and Settlement System as a critical platform for cross-border digital payments, Nigerian fintech firms such as PalmPay and Moniepoint, which have some of the largest and most active user bases, will play a pivotal role in driving adoption.
He assured the audience that the Federal Government remains committed to strengthening critical infrastructure, regulatory frameworks, and partnerships to ensure Nigeria is not only ready for digital trade but continues to lead.
“I appreciate the efforts of all stakeholders and urge us to move AfCFTA beyond a continental agreement to a $3.5 trillion trade juggernaut that will reinvigorate our industries, unlock intra-African trade, and domesticate African prosperity,” he added.
Hadejia stated that intra-African trade will be driven not only by large corporations but by small businesses empowered through digital trade and e-commerce, while noting that issues of trust, identity and logistics, as highlighted in the report, must be addressed.
Commenting on the report, the Special Adviser to the President on Job Creation and MSMEs, Temitola Adekunle-Johnson, said the report – developed under the purview of the Office of the Vice-President – would significantly strengthen the MSME ecosystem.
He explained that cross-border payments in Nigeria and across Africa have historically been largely informal and inefficient but noted that the emergence of the Bank Verification Number (BVN) and National Identification Number (NIN) systems is changing the landscape.
Adekunle-Johnson expressed optimism that the report’s findings and recommendations would enable Nigerian SMEs to achieve seamless access to continental markets.
Earlier, the Special Assistant to the President on ICT Policy, Office of the Vice-President, Salihu Dasuki, disclosed that the office, in partnership with development partners, has developed a framework to fast-track seamless cross-border payments for MSMEs.
He added that a key pillar of President Tinubu’s Renewed Hope Agenda is enabling Nigerians to access digital trade, which informed the capacity-building programme conducted for subnational governments last year.
Also speaking, Special Assistant to the President on Project Support, Office of the Vice-President, Shuda Ahmed, commended ODI Global for leading the research underpinning the report.
She noted that without seamless and affordable cross-border payment systems, MSMEs across the continent would be unable to scale beyond their domestic markets.
The event was attended by officials of ODI Global, representatives of AfCFTA, the National Information Technology Development Agency (NITDA), National Identity Management Commission (NIMC), Nigerian Petroleum Development Company (NPDC), Federal Competition and Consumer Protection Commission (FCCPC), and MSMEs, among other key stakeholders.
General News
Moniepoint Launches Sixth Edition of Women in Tech Internship with “There Is Space for You” Campaign

Moniepoint Inc., a digital financial services provider and Africa’s fastest-growing financial institution, has announced the opening of applications for the 2026 edition of its Women in Tech internship programme, now in its sixth year and continuing to expand its reach across the country.

Launched under the theme, There is Space for You, this year’s campaign is a direct invitation to women across Nigeria who have the talent, the drive, and the ambition but access has been a challenge.
The choice of the theme reflects intentionality as despite significant progress in recent years, women continue to account for just 25% of Nigeria’s tech workforce, even as they represent nearly half the population and 22% of annual STEM graduates. Moniepoint’s Women in Tech programme has spent five years working to close the gap and facilitate access for women.
Building on the success of last year’s “Dream 15” cohort, the programme’s largest intake to date, the 2026 edition continues to scale, offering an expanded number of roles across some of the most sought-after disciplines in the industry which include Cloud Engineering, Frontend and Backend Engineering, Data Engineering,, Systems Administration, Product Management, Information Security, Mobile Engineering, Site Reliability Engineering, These roles represent the technical foundations on which the future of digital finance in Africa is being built, and Moniepoint wants women at the centre of that work.
Successful applicants will receive a competitive salary, work tools, branded merchandise, and direct mentorship from experienced practitioners across the business. As with previous cohorts, participants who demonstrate strong performance will be considered for full-time employment, a pathway that has already transformed the careers of women from the programme’s earliest editions.
The human evidence of that transformation is what anchors this year’s campaign. With over 8,000 applications received last year, and 15 interns selected, young women like Uzoamaka Anyaegbuna, Adaeze Ugwumba, Iyinoluwa Akenroye, Loveth Abang, and Bisola Abimbola joined the programme as interns and have since become what Moniepoint calls “DreamMakers”, full-time employees who are building technical systems, leading projects, and shaping the company’s product from the inside..
A common critique of internships is that they lack substance. Bisola Abimbola’s experience at Moniepoint was the opposite; she was treated as a peer from day one.
“I can confidently say the internship was one of the best things that’s happened in my career. I was given real product ownership, working on multiple projects and driving them forward like an actual product manager, not just observing from the sidelines. Projects were thrown at me with an implicit question: ‘Can you handle this?’ I had to step up, own the outcomes, and actually deliver. That experience made me comfortable with the autonomy and accountability I now have. This hands-on experience made all the difference and solidified my resolve that this is exactly where I’m meant to be.”
Chinaza Nduka-Dike, Head, People Operations at Moniepoint Inc., expressed the company’s continued commitment to the initiative. “With the Women in Tech programme, we are not just inspiring inclusion, we are actively creating sustainable pathways for women to thrive in the tech industry.
“This is a space where diversity fuels innovation, and through programmes like this, we are empowering women to take on leadership roles, develop crucial skills, and shape the future of technology. The progress we have seen across five cohorts, where alumni have gone on to make significant contributions to the company and the wider tech ecosystem, fills us with pride. There is space for the next generation, and we are ready for them.”
The launch of the 2026 campaign arrives at the close of Women’s Month, and forms part of Moniepoint’s broader commitment to the United Nations Sustainable Development Goal 5 on Gender Equality. These initiatives reflect a consistent institutional conviction: that empowering women is not a check box or tokenistic gesture, but an ongoing responsibility that demands sustained investment across access, skills, and belonging.
Applications open March 30, 2026. The programme is open to women across Nigeria who are looking to begin or pivot their careers in technology, whether self-taught or formally trained. Further information on available roles and how to apply is available at the Women in Tech website, https://womenintech.moniepoint.com
General News
Kaspersky Exposes Africa’s Hidden Cyber Enemy: 40 Cops from 23 Nations Trained in Secret Hunt

In a landmark collaboration with the African Union Mechanism for Police Cooperation (AFRIPOL), global cybersecurity firm Kaspersky has equipped around 40 law enforcement officers from 23 African countries with vital skills in Security Operations Centre (SOC) operations and advanced threat hunting techniques.

Kaspersky
The training programme, which ran from November 2025 to March 2026, forms part of a 2024 cooperation agreement between Kaspersky and AFRIPOL aimed at bolstering Africa’s fight against escalating cyberthreats.
Participants delved into practical aspects of cyber-defence, including detecting malicious activities on Windows and Linux systems, dissecting attacker tactics, techniques, and procedures (TTPs), and leveraging threat intelligence to expose sophisticated digital threats.
Interactive online Q&A sessions with Kaspersky’s Security Services experts enriched the experience, allowing officers to tackle real-world cases, clarify complexities, and deepen their grasp of cybersecurity fundamentals.
“Cybercrime is sophisticated, borderless, and ever-evolving—no single entity can combat it alone. Our partnership with AFRIPOL underscores the power of knowledge-sharing between private cybersecurity firms and law enforcement,” stated Yuliya Shlychkova, Kaspersky’s Vice President for Public Affairs.
She highlighted years of joint efforts to map Africa’s cyberthreat landscape and disrupt criminal networks.
Dr Mohammed Benaired, Head of AFRIPOL’s Training and Capacity Building Division, echoed this sentiment: “Such initiatives arm officers with hands-on skills to probe cyber incidents, analyse digital evidence, and counter emerging threats. We cherish Kaspersky’s role in keeping our agencies ahead of threat trends.”
The five-year pact, signed in 2024, promotes threat intelligence sharing, expertise exchange, and cybercrime prevention across the continent.
Kaspersky’s Expert Training platform has now reached over 3,000 specialists from 50 countries, offering 12 courses on topics like reverse engineering, incident response, and threat hunting tailored to varying expertise levels.
As cyberthreats surge in scale and sophistication, this initiative underscores the urgent need for African law enforcement to build robust digital defences, fostering safer online spaces for citizens and businesses alike.
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