News
Revealed: How Tech Whistle Blowers Triggered Banking Tsunami

The battery of claims and counter-charges has succeeded in diverting attention from the existence of whistle blowing, a dangerous safety mechanism which triggered the banking tsunami in the first place, Nigeria CommunicationsWeek can now reveal.
Using portable digital technology, whistle blowing, a conscience-based activity has been transformed into a culture as the blowers exploit the anonymity of technology to bring light to the messy insides of the banking balance sheets.
They presented so called “true position” as the banks tried to make their books presentable to both investors and regulatory authorities.
Nigeria CommunicationsWeek gathered that the bulk of evidence and clues provided by the whistleblowers pressured the Central of Nigeria (CBN) to pursue the audit of the first 10 banks to conclusion.
It will be recalled that in a landmark rejig, CBN last month, sacked five banks chief executives including Erastus Akingbola, Intercontinental Bank Plc, Sebastine Adigwe of AfriBank Plc; Okey Nwosu of Finbank; Barth Ebong of Union Bank Plc and Mrs Cecilia Ibru of Oceanic Bank Plc.
In apparent contradiction, the same apex bank had earlier approved the audited account of Oceanic Bank under Ibru.
Critics of Prof. Chukwuma Soludo, former governor of CBN, said that previous whistle blowings were ignored because the environment was marked by fear and intimidation, in which there was alleged conspiracy to cover up incompetency, mistakes, and possibly criminal behaviour.
According to the critics, governance and safety pathways under Soludo were inadequate and inhibited by a poor institutional culture.
Nigeria CommunicationsWeek however gathered that the challenge of whistle blowing under Sanusi Lamido Sanusi, governor of CBN is how the industry could benefit from those individuals whose criticism, when well founded and addressed, leads to significant improvements.
For instance, the activities of the blowers and banking tsunami present economic safety and professional challenges to the country.
Expert said that there should be a framework to encourage whistle blowing as it will help to save a lot of situations.
They also call on the CBN to articulate a clear policy of whistle blowing by incorporating the process of protecting the blower against related attacks.
The greatest whistle-blower of all time is Mark Felt, a former number two at the FBI, who with Woodward and Bernstein, Washington Post reporters, changed American political history.
But there have been other whistle-blower cases that altered the political landscape.
In 1971, with Vietnam raging, military analyst Daniel Ellsberg leaked classified documents to the New York Times. "The Pentagon Papers," as they were called, revealed that nearly everyone in the Pentagon and state department knew that the U.S. had no realistic chance of winning the war.
The story fuelled anti-war protests and added to the public pressure that pushed the Nixon administration towards peace talks. As for Ellsberg, because of administration misconduct against him, charges of theft and espionage were dropped.
News
Microsoft Revamps Copilot in Workplace AI Push

Microsoft has rolled out a new set of features for its Microsoft 365 Copilot platform, including tools for complex, multi-step work and deeper research tasks, as competition in workplace artificial intelligence (AI) intensifies.

The update introduces Copilot Cowork, a capability aimed at handling long-running tasks across Microsoft 365 applications.
The feature is being made available through the company’s Frontier programme, which typically gives early access to experimental tools.
Microsoft is also integrating technology linked to Claude – an AI model developed by Anthropic –into Copilot, signalling a broader shift toward using multiple AI systems within a single product rather than relying on a single model.
Jared Spataro, chief marketing officer for AI at Work at Microsoft, says the company is positioning Copilot as a system embedded directly into workplace software, rather than a standalone tool.
“Microsoft 365 Copilot is your AI for work,” he says, adding that it draws on multiple AI models and is integrated into existing workflows.
Alongside this, Microsoft has upgraded its Researcher feature, which is designed to analyse information from multiple sources and generate structured reports.
A new “Critique” function separates the drafting and review process between different AI models – one generates an initial response, while another evaluates and refines it.
The company says this approach improves output quality, with Researcher showing gains on its internal benchmark for accuracy, completeness and objectivity.
Another addition, called Model Council, allows users to compare outputs from different AI models side-by-side, highlighting differences in responses and reasoning.
The updates form part of what Microsoft calls “Wave 3” of Copilot, as it pushes to embed generative AI deeper into enterprise software. The move reflects a wider industry trend towards combining models from multiple providers, including OpenAI and Anthropic, to improve performance and reliability.
News
Dangote Refinery Debunks Speculations on IPO

Dangote Petroleum Refinery and Petrochemicals (DPRP) has debunked recent circulation of unauthorised information regarding a potential Initial Public Offering (IPO).

In a statement, DPRP noted that several online platforms and unofficial sources have published unverified, and in some instances inaccurate, information relating to a potential offering.
“Such reports do not originate from DPRP and should be treated with caution. All official updates regarding any potential transaction will be communicated strictly through DPRP’s formal public disclosures and announcements issued by its appointed advisers, in line with applicable laws and regulatory requirements.
“Accordingly, the public, investors, and all market participants are strongly advised to disregard speculative commentary and rely solely on verified information formally issued by DPRP or its authorised representatives,” the statement said.
The firm assured stakeholders that, when appropriate, comprehensive, and accurate details regarding any proposed transaction will be made available through official channels, including regulatory filings, authorised press releases, and coordinated communications by the Enterprise and its appointed advisers.
News
Descasio Launches “Give to Gain” Leadership Insights Report, Hosts Executive Brunch for Women in Leadership

In celebration of International Women’s Day, Descasio hosted an intimate executive brunch bringing together distinguished women leaders from its customer community for a thoughtful conversation on leadership, partnership, and shared growth.

Centered around the 2026 International Women’s Day theme, “Give to Gain,” the gathering created space for accomplished women in enterprise leadership to reflect on mentorship, collaboration, and investing in people as key drivers of sustainable growth.
Held in Lagos, the event convened leaders from organizations including Honeywell Group Limited, Finchglow Travels, NGCOM, and Eroton Exploration & Production Company.
Guests were personally welcomed at the start of the gathering by Mr. Dele Nedd, CEO of Descasio; who greeted each of the women leaders and expressed his appreciation for their presence before leaving the session to allow the women lead the conversation among themselves.
The gesture reflected Descasio’s leadership culture; one where women are not only recognized, but actively supported and empowered. It also underscored the company’s belief that meaningful progress in leadership requires partnership and allyship across the organization.
Rather than a traditional panel discussion, the brunch was designed as a candid and reflective exchange among peers navigating leadership in complex industries. Throughout the conversation, participants shared perspectives shaped by experience, responsibility, and the realities of leading teams and organizations.
A recurring theme in the discussion was the role of execution and accountability in leadership. For many organizations, strategy alone is not enough; consistent delivery is what ultimately builds credibility and trust.
Reflecting on this, Josephine Adebola, Data Compliance & Process Automation Manager at Finchglow Travels, emphasized the importance of reliability in leadership and the discipline required to translate vision into results. “Get it done on time and in full.”
The conversation also explored the role of curiosity and continuous learning in shaping effective leaders. In rapidly evolving industries, the ability to ask questions, remain open to new perspectives, and keep learning is often what enables leaders to grow alongside their organizations.
Sharing her perspective, Tomi Otudeko, Chief Operating Officer at Honeywell Group Limited, reflected on how curiosity has shaped her leadership journey.
“Asking questions and continuously learning have always stood me in good stead as a leader.”
She also spoke about the importance of leading with empathy and understanding the people behind the roles within organizations.
“Everyone has multiple dimensions to who they are. Leadership has taught me to see people in their totality. That awareness doesn’t make a leader weak; it makes them more effective.”
Another important theme that emerged from the conversation was authenticity in leadership. In an environment where leaders often face pressure to conform to traditional expectations, remaining true to one’s identity while continuing to evolve is essential.
For Helen James-Eziashi, General Manager at NGCOM, authenticity and curiosity remain key guiding principles. “Be yourself, keep learning, and stay curious.”
The discussion also highlighted the role of self-awareness in sustaining leadership journeys, particularly in complex and high-responsibility environments. Understanding one’s values, motivations, and support systems often becomes the anchor that allows leaders to navigate uncertainty with confidence.
Reflecting on this, Ifeanyi Onyejekwe, IT Manager at Eroton, emphasized the importance of knowing what grounds a leader.
“Know who you are and understand what supports and sustains your leadership journey.”
According to Descasio, the event reflects its broader commitment to building strong partnerships and fostering meaningful leadership conversations across its enterprise customer community.
“For us, this was about more than marking International Women’s Day,” said Umama David-Ogebe, The HR Manager at Descasio. “It was about creating a space where leaders could learn from one another and reflect on the kind of leadership that builds strong organizations. The most meaningful partnerships grow from conversations like these.”
To extend the impact of the discussion, Descasio has published “The Give to Gain Leadership Report: Insights from Women Leading Enterprise Organizations,” a curated publication capturing key reflections and leadership lessons shared during the session.
The report highlights themes including:
- The role of curiosity and continuous learning in leadership
• Building stronger teams through empathy and accountability
• The importance of authenticity and self-awareness in navigating leadership journeys
• How investing in people drives stronger partnerships and resilient organizations
The Give to Gain Leadership Report is now available for download Here.
News3 days agoMicrosoft Revamps Copilot in Workplace AI Push
E-Business3 days agoKaspersky Warns of a New Phishing Technique Leveraging Bubble, a no-code AI Platform
Telecom3 days agoHow Recycled SIM Card Linked to N50m Kidnapping Nearly Landed me in Jail – Businesswoman
E-Financial3 days agoCBN Directs Banks, Fintechs to Complete Cybersecurity Audit Tool
Telecom3 days agoOuranos Technologies Strengthens Board with Key Leadership Appointments
Telecom2 days agoNCC Insists Telcos Must Compensate Subscribers for Poor Quality of Service
E-Financial2 days agoCBN Says 33 Banks Raise Fresh N4.65 Trillion in Recapitalisation Exercise
General News3 days agoSenate Gives Tinubu Nod to Borrow Fresh $6Bn













