General News
Nigerians Do Not Respect Credit – Okonyia
Robert Okonyia is the managing director/CEO, Bocal (UK) Limited, a consultant firm offering services to financial institutions on payment solutions. Bocal has been doing that for banks in conjunction with a card processor and a card provider. Okonyia spoke to funmi ilesanmi on industry issues.
Fraud in the e-Payment
There are lots of fraud in the e-payment system but every solution provider is trying to find solution to limit the fraud. Most importantly in Africa, we tend to escalate fraud by not actually knowing the statistics of that fraud. We know there is fraud in the e-payment system, for each payment solution, we try to incorporate other issues that will aid people not to be defrauded with their cards or any e-payment transaction. Like in the system, we also offer to other companies and banks, we have what is called a 3D secure layer whereby there is authentication before e-commerce is authorized. But this 3D secure layer is through only issued cards of Visa MasterCard.
When we talk about e-commerce fraud, first of all, is to be able to establish the statistics of that fraud and the losses of that fraud so that we can know how to go about it.
Integrity of ATMs
When we talk about ATM fraud and ATM card indenting, it is only because the knowledge of a technology must be known by the people using that technology. Secondly, when people do not understand what it means to give out their pin number or securing their pin number, they are exposed to the risk of loosing their money or people getting their information. But when we talk about ATM, most of the ATMs we have in Nigeria are on magnetic stripe approval, the country is trying to migrate to EMV but most in other issues there are other areas of check and balances which if introduced into ATM use will protect card holders’ interest. One is to create awareness, that if you have a pin number, it is not even supposed to be known by your bank officials. If you got information from your mail box to disclose your pin number, it means definitely that it relates to fraud because no human being will request for your pin number for any reason. Even the banks are not supposed to know that pin number but in today’s technology we are creating other areas whereby though your pin number is compromised, you can automatically generate a new pin number without going to the bank. We are also introducing other security measures whereby you can use your ATM card and block it on the same day so you do not have to be afraid of fraud or anybody using your ATM card to withdraw your money.
ATM Injecting Cards
Once your ATM card is taken by the machine, it means there is something wrong with your card because you could have entered your pin more than three times or you could have requested for more than was in your account. You may have entered the wrong pin before your card can be ceased by the ATM. Once that is done, you need to complain immediately to the issuing bank or to the authority that gave you that card, and if you do not do that within a particular time frame, then you are at risk. The most important thing is to understand where the risk starts from, where it ends and who is liable at a particular time. One is that for every transaction you make on the ATM and your card was ceased by the machine, you need to contact the bank immediately. The card may have been taken because the ATM suspected that you are not the actual owner of the card after entering the wrong numbers or trying to withdraw an amount that is not available on the machine or for any other reason. There is always a reason for a card been taken, a card is not just taken by the ATM indiscriminately except it suspects a fraud.
Chip and Pin Usage
Nigeria is very ripe for chip and pin usage but card holders must know that their pin number given is specifically for them and it is not to be known by any other person. If you got an e-mail from anybody asking you to disclose your pin number, you will definitely know it is a fraud because nobody in the bank or anywhere at all will request for your pin number.
Challenges in the e-Payment System
The challenge faced by the e-payment system in Nigeria is one, the type of card in use. Most of the card issued today work on the Interswitch network, followed by e-Tranzact and Valucard but you will find out that these are institutions not compatible to one another. If I am carrying a card which is issued by Valucard, I cannot withdraw money from the e-Tranzact platform and this is not what the country requires. The country must have a unified national switch whereby all cards must know one another and get approval from one another to dispense cash. There is no need saying I have an Interswitch card, I cannot go to the Valucard platform to withdraw money or I cannot go to the e-Tranzact platform to withdraw money. We need a unified system whereby if you carry any switching company’s card, you can withdraw money on any machine. We know Nigeria is trying to create a national switch but when will it be launched?
Secondly, when talking about ICT usage in Nigeria, you need to ask yourself, how many Nigerians are banked? First of all, it is going to take the banks creating awareness. If you have that confidence of depositing your money in a bank then you will be introduced to a form of technology that is offered by the bank. The challenge we have now is to make Nigerians have the confidence of going to banks for their monetary transactions. What we are seeing today with bank managing directors siphoning funds, it decreases the confidence of the population in going to the banks. Research has shown that the banked population in the whole world is not more than 35 percent and what banks are trying to do is to grow the number of the banked population but unfortunately, the meltdown created some problems.
In our society, the problem of corruption and fraud are also creating problems. What we were trying to achieve before is that the world would attain a certain position where it will be a cashless economy. That means everybody would know they need to carry a card to secure their monetary transactions that would also give a near risk free transactions. Unfortunately as at today, this awareness is negatively developed because, one is to convince someone that would go to the bank that his money is secure and do not have the fear of losing his money. We know that people of a particular age group will start getting the awareness that they cannot do without having a card because awareness is been created.
Also, due to issues of robbery, money laundering act and terrorism, you will find out that the only way to move safely is through a card. If that card can offer you so many functionalities, then you can also do it at the comfort of your home. This is why cards in the next decade might be the only way you can transact your monetary affairs.
Mobile Money
When you have avenues or channels where you can move your money seamlessly without having to queue at the bank, it gives you the benefit of using banking technologies to carry out your monetary transactions. Mobile now is the only thing that links everybody and everybody has a mobile phone because if you watched the NCC’s recent report, Nigeria is trying to achieve the one hundred million mobile phone users and with that kind of population, you will find that getting it to be used by Nigerians will make it a very seamless network for anybody to use, and with time it will get to the reach of everybody, anywhere they are.
Using Credit Card in Nigeria
Based on what is on ground, credit cards require credit card agencies and data profiling so that you can know the credit data of that particular client and because the banks are not unified in information, it becomes difficult to do the credit profiling of every banked customer. The credit card is not recommended here in Nigeria. One other thing is that Nigerians do not respect credit because to respect credit, you must have a continuous profiling that would guide the banks and if you changed to another bank, there must be a link to the other bank so that the bank would also know your credit worthiness. What gives you credit in Nigeria is the amount of money you deposit with the bank, which is not a way of assessing credit because credit is not the amount of money you have in your account but based on the management of your account to show whom you are and what you have.
Local Software
Nigeria software developers are very good. It is not only developing the software but also been able to support the software with the hardware with which it will work. When it comes to the development of software, Nigerians can compete with any other country in the world. If you look at the things they have on ground, they have done so much to achieve success but the problem in Nigeria is that of implementing the software. We have limitations whereby if you want to offer services to people and you say this is what I want to do then you have so many parameters preventing you from achieving that objective. When people are talking about bringing it from outside the country it is because they can get 99.999 percent availabililty; continuous service so they do not need to break and break. But if there is a backup service that will come up immediately and give them the service which would work as planned and as scheduled, there will be no hindrance to its availability.
Supporting Local Software Manufacturers
What we ask the government to do is to provide us the services needed as a nation to develop our industries. You cannot achieve any vision by not getting the necessary things to support that vision. There is no constant power, there is no water, no good road, no basic industrial structure, the petrochemicals is not functioning, the refinery is not functioning, the iron and steel is not functioning then the growth of the nation cannot be achieved.
Future of Bucal UK Limited
We looked at Bocal (UK) to offer a good payment solution that will link Nigeria to the outside world and provide them with seamless financial transactions and also have the same service available to every individual in a civilized nation. Bocal (UK) also seeks to protect Nigerians from needless crimes which put the country in bad light because with a good payment solution, if you participate freely there will be no need worrying about money laundering, terrorism acts and all acts of corruption. By this, Nigeria will join the League of Nations in a controlled and civilized way of handling money without getting involved in any dirty deals.
General News
Court Jails ‘Colonel’, ‘Major’ of Global Money-Laundering Ring

A “colonel and a major” in a “worldwide highly sophisticated money-laundering syndicate on a breathtaking scale” have been jailed for nine years and 7 and half years respectively.

Ejike Francis Ogbuefi (42) of Clonard Road, Crumlin, Dublin 12, and Steven Silvester (32) of the Paddocks, Morristown, Newbridge, Co Kildare, were both convicted of directing the activities of a criminal organisation following a trial at Dublin Circuit Criminal Court in February.
Ogbuefi was also convicted of 32 counts of money laundering and seven of conspiracy to launder money.
The jury also convicted Silvester of five counts of money laundering, two of attempted money laundering, four of conspiracy to launder money and one of using a false instrument.
Both defendants had no previous convictions here or in another jurisdiction.
The court heard that both men were assessed to be above mule herders and money mules in the operation, with Ogbuefi having a more active role.
During the sentence hearing, Judge Martin Nolan suggested to the investigating garda that the men were a “colonel and a major”, which Det Garda Steven Kelly agreed with.
Imposing sentence on Friday, the judge said both men were involved in the offending and played certain roles.
He noted that the scheme’s ambition was to “get accounts to launder illicit monies” which were “undoubtedly the product of criminal behaviour” and that third parties unknown to the court suffered as a result.
“Both men were reasonably experienced in how the banking system works” and aware of its weaknesses which they tested, sometimes successfully, the judge said.
The judge said he had considered the mitigation and there was a “good chance” the men would not reoffend in future, but that the court could not be certain.
The judge noted that money laundering is a “serious problem” and the court often dealt with cases of people who provided their bank details to be used in these schemes.
“These bank accounts are absolutely necessary for all fraud, because monies have to come to earth somewhere,“ the judge said, noting that the defendants’ main role was to procure bank accounts so that money could be sent to others who profited.
He imposed on Ogbuefi a sentence of nine years and imposed a 7½ year sentence on Silvester, whom he considered to be at a lower level.
Kelly told Seoirse Ó Dúnlaing, prosecuting, that the Garda investigation looked at various bank accounts, transactions and online communications.
Evidence suggested both men were receiving requests, often from phone numbers in Nigeria, to launder money from different types of frauds.
Kelly agreed with Conor Devally, defending Ogbuefi, that his client is from Nigeria and his family is law-abiding.
Garda Kelly agreed with Maurice Coffey, defending Silvester, that his client became involved in this criminality some time after his arrival in Ireland in 2015 and had no record of shopping in high-end stores or trappings of wealth.
It was also accepted that Ogbuefi appeared to have a more active role than Silvester.
Defence counsel told the court their clients accepted the verdicts of the jury and were remorseful.
Testimonials were handed to the court on behalf of both men.
Mr Devally asked the court to view Ogbuefi as being “appointed to a position of local authority in a wider organisation”.
Mr Coffey said Silvester was under pressure and desperate at the time.
He asked the court to consider that his client did not come to Ireland to get involved in this offending, but fell into temptation at a time of vulnerability.
General News
Activist Warns against Rising Junk Food Culture in Nigeria

Nnimmo Bassey, environmental activist and food sovereignty advocate has raised concerns over the growing influence of junk food culture and global food politics on Nigeria’s food systems.

Nnimmo Bassey, environmental activist
Bassey warned that the increasing consumption of highly processed foods poses serious risks to public health, cultural identity, and national food security.
He made these remarks on Thursday while speaking at the Sustain-Ability Academy lecture on Food, Power and the Politics of Hunger, organised by the Health of Mother Earth Foundation in collaboration with the University of Port Harcourt.
“Food is not just for sustenance; it is central to our identity, our relationships, and our traditions,” he said.
He explained that traditional diets reflect the diversity of Nigeria’s ethnic groups and have historically fostered unity within communities.
Bassey traced the evolution of food systems in Nigeria, highlighting how colonialism, commerce, and conflict have reshaped local diets.
He referenced the Nigerian Civil War as a turning point when food was weaponized, leading to widespread malnutrition and long-term dietary changes, particularly in the Eastern region.
The activist criticized the rapid rise of fast food consumption, describing it as a product of modern society’s demand for instant gratification.
According to him, fast food outlets use sensory stimulation, bright lighting, loud music, and constant visual entertainment to distract consumers from questioning the nutritional value of what they eat.
“People leave with more than just a full stomach, they carry heavy metals, artificial colourings, and harmful substances in their bodies,” he said.
Bassey also expressed alarm over the increasing presence of genetically modified organisms (GMOs) in Nigeria’s food system.
He argued that such products, often introduced without sufficient scrutiny, could have long-term health and environmental consequences.
He further cautioned against the role of political leaders in normalizing unhealthy consumption patterns.
“When top politicians publicly consume junk food and sugary drinks, they send a dangerous message that such habits are acceptable or even desirable,” he said.
At the heart of his argument is what he described as “food colonialism” a system driven by global power dynamics, where economic pressures, debt, and cultural influence shape local food choices to benefit multinational corporations at the expense of local farmers.
Bassey called for a “decolonization” of food systems across Africa, urging governments and citizens to prioritize indigenous foods, protect seed-sharing traditions, and resist policies that undermine local agricultural practices.
He also challenged prevailing narratives around hunger, questioning whether food insecurity is truly a result of low productivity.
“In countries like Nigeria, nearly half of all food produced goes to waste. The issue is not just production, but distribution, policy, and power,” he explained.
The session concluded with a call for urgent reforms to ensure fairness, resilience, and sustainability in food systems, with a focus on supporting smallholder farmers and addressing the structural causes of hunger.
General News
Gartner Forecasts Surge in AI-powered Public Services

At least 80% of governments will deploy artificial intelligence (AI) agents to automate routine decision-making, enhancing efficiency and service delivery by 2028.

This is according to market research firm Gartner, which highlights a growing shift toward digital governance, where AI-powered systems will increasingly handle repetitive administrative tasks, such as processing applications, managing public records and responding to citizen queries.
“Government chief information officers are under growing pressure to embed AI into decision-making capabilities rapidly and responsibly,” says Daniel Nieto, senior director analyst at Gartner. “The rise of multimodal AI, alongside conversational and agentic systems, has expanded what public organisations can automate, understand and anticipate.”
The Gartner report comes as South Africa is moving to embed AI into public administration, with early use cases emerging across service delivery, disaster response and internal operations, even as full-scale deployment of autonomous “AI agents” remains some years away.
The country’s National AI Policy Framework, released in 2024, has set the direction for adoption, with a comprehensive national policy expected by 2027.
Implementation is likely to follow from 2027 onwards, positioning the country for a more structured and regulated rollout of advanced AI systems across departments.
While South Africa has yet to deploy AI agents at scale, government and research initiatives indicate that agent-like systems are already taking shape.
Global use cases
Globally, governments are rapidly deploying AI agents to automate public services and internal operations, shifting from simple chatbots to systems that can execute tasks and coordinate workflows.
In the US, federal and city agencies are using AI agents to handle citizen queries, draft documents and manage call centres, while in China, autonomous systems are being integrated into administrative processes and urban management.
European governments are piloting AI-driven tools in policing and public service delivery, and in emerging markets, agentic platforms are being used to improve disaster response, financial inclusion and digital identity systems.
However, Gartner notes that fragmentation is one of the most persistent barriers to AI value in government.
According to a Gartner survey of 138 respondents from government organisations worldwide between July and September 2025, 41% of respondents cited siloed strategies and 31% cited legacy systems as key challenges to adopting and implementing digital solutions.
“Technology modernisation alone has not resolved these issues,” says Nieto.
The market analyst firm says as AI transitions from experimentation to being deeply embedded in decision-making, governance approaches must also evolve. It points out that traditionally, AI governance has centred on managing models, data and algorithms.
However, it states that decision intelligence (DI) shifts this focus towards the governance of decisions themselves; for example, on how they are designed, executed, monitored and audited. This shift in governance is especially critical in government, where public legitimacy relies on transparency and fairness, the firm explains.
Measurable impact
The Gartner survey found that 39% of respondents cited improved service and citizen satisfaction as primary reasons to invest in building citizen trust.
The firm notes that DI offers a structural foundation for operationalising this trust by making decision pathways explicit and auditable.
“By governing decisions, rather than just isolated AI components, governments can better balance automation with human judgement, particularly in high-stakes or rights-impacting contexts,” says Nieto. “Regulated industries and governments cannot rely on opaque ‘black box’ systems for consequential decisions. DI elevates explainability from a technical requirement to a governance imperative.”
Because of the need for transparency in decision-making, Gartner predicts that by 2029, 70% of government agencies will require explainable AI (XAI) and human-in-the-loop (HITL) mechanisms for all automated decisions that impact citizen service delivery.
Gartner explains that XAI and HITL designs are foundational to public-sector DI. These mechanisms ensure decision logic can be inspected, explained and challenged. Because of XAI and HITL, humans also retain authority over exceptions, appeals and high-risk cases, and accountability is preserved even as automation increases, it adds.
While efficiency remains important, Gartner says citizen trust in government’s ability to provide effective services is becoming a key driver of digital transformation. Fifty percent of government respondents cited improved citizen experience as one of their top three priorities.
“As AI and decision intelligence increasingly automate and streamline service delivery, the traditional notion of ‘citizen experience’ evolves,” says Nieto.
“When citizens receive what they need from the government automatically, direct interactions may decrease, making trust in the system’s reliability, fairness and transparency even more critical. Because trust is so imperative in these situations, the predictive capacity to anticipate potential needs could reshape how government digital services are delivered.”
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