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OBJ is a Serial Liar, Says Soyinka

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Wole Soyinka
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Professor Wole Soyinka, Nobel laureate on Wednesday said that Chief Olusegun Obasanjo, former president’s  has made a life-long career of compulsive lying.

Soyinka in an abridged response to the former president’s scathing delivery on the literary giant in his latest memoir “My Watch,”  went to town with his age-long social adversary, lampooning him as one bedeviled with the enigmatic spirit of legendary fable-teller, the late D.O Fagunwa.

He disclosed of peace efforts by unnamed peacemakers to smoothen sustained rough edges between him and Obasanjo, before the latest attack by the former president which, he noted, went well with him, as he was ready for the fresh ding-dong which would put every reconciliatory plan in abeyance, particularly a burgeoning collaborative plan with Obasanjo Centre.

Parodying Obasanjo as an over-grown child of circumstance, Soyinka described his fellow Egbaman as “an incorrigible addictive moralist, who lies through situations to put others down by playing the divinely-appointed watchman and trumps up his own importance and achievements by playing the unparalleled achiever.”

While promising a fuller version of his response, the literary giant asked the former president to remember the fictional character, Iku (Death) in Fagunwa’s Igbo Olodumare, wondering Obasanjo’s knack for playing the Great Immortal and adding that were he to pursue every libelous statement of the former president against him, such would form an independent volume of the Nigerian Law Report.

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The response entitled “WATCH AND PRAY, WATCH AND PREY!” read in part: “I had fully attuned myself to the fact that our Owu retiree soldier and prolific author is an infliction that those of us who share the same era and nation space must learn to endure.

“However, it does appear that there is no end to this individual’s capacity for infantile mischief, and for needless, mind-boggling provocations, such as his recent ‘literary’ intrusion on my peace.

“Perhaps I ought to interrupt myself here with an apology to some mutual acquaintances – ‘blessed peacemakers’ and all – especially in this season of ‘peace and goodwill to all men’. Please know that your efforts have not been entirely in vain.

“I had a cordial exchange with Obasanjo over the phone recently – engineered by himself, his ground staff and/or a chance visitor – when I had cause to visit his Presidential Laundromat for the first time ever. During that exchange, I complemented him on making some quite positive use of landed property that was acquired under morally dubious circumstances, and blatantly developed through a process that I denounced as ‘executive extortionism’.

“To return to our main man, and friendly interventionists, you may like to note that I went so far as to engage him in light banter, stating that some of his lesser sins would be forgiven him for that creative conversion of the landscape – a conversation that he shortly afterwards delightedly shared with at least three mutual acquaintances.

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“I promised a follow-up visit to view some mysterious rock script whose existence, he informed me, was uncovered by workers during ground clearing. The exchange was, in short, as good as ‘malice towards none’ that any polemicist could hope to contribute to the ongoing season of peace and goodwill. Obviously that visit will not now take place, any more than the pursuit of vague notions of some creative collaboration with his Centre that began to play around my mind…

“D.O. Fagunwa, the pioneer Yoruba novelist, was a compulsive moralist. I suspect that he may have exerted some influence on our garrulous general, resulting in his pupil’s tedious, misapplied and self-serving deluge of moralising. It seems quite likely indeed that the ghostly, moralistic hand of Fagunwa reached out from the Great Beyond, sat his would-be competitor forcefully before a mirror and bade him write what he saw in that image. I invoke Fagunwa because, at his commemorative colloquium in Akure in August last year, I drew my audience’s attention to a remarkable passage in Fagunwa’s Igbo Olodumare.”


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Union Bank Secures Global Payment Data Security Certification

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Union Bank of Nigeria has secured certification under the Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1, a global standard for protecting payment card data.

The certification took effect on August 11, 2026, confirming that the bank’s systems for storing, processing and transmitting customers’ credit and debit card information meet stringent international security requirements.

PCI DSS certification is designed to reduce the risk of payment card data breaches and financial fraud while strengthening customer confidence in electronic payment systems.

The assessment covered key areas of Union Bank’s operations, including network infrastructure, card issuance, ATM and POS transactions, payment processing, reconciliation, settlement, chargebacks, dispute resolution and retail banking.

Union Bank was assessed and certified under the Service Provider category.

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The certification process lasted a full year and involved quarterly assessments, with support from departmental, business and functional heads across the bank. Digital security firm Digital Encode supported the process, while the final independent audit was conducted by CyberCube, an accredited Qualified Security Assessor.

Yetunde B. Oni, Managing Director and Chief Executive Officer of Union Bank, said the certification demonstrates the bank’s commitment to protecting customer information.

“The security of our customers’ information is central to everything we do at Union Bank. This certification reaffirms that our payment systems and processes meet a rigorous global standard, and it reflects the discipline of colleagues across the Bank who work every day to keep customer data safe.”

The renewal also ensures that Union Bank maintains continuous PCI DSS certification, in line with the Central Bank of Nigeria’s requirement for banks to sustain compliance without interruption.

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Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

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New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.

Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.

For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.

CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”

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Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.

Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.

Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”

The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.

That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.

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NCAA to Introduce RFID Technology to Tackle Missing Luggages

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Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

NCAA to Introduce RFID Technology to Tackle Missing Luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.

Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.

According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.

Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.

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Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.

He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.

The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.

The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.

The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.

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