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Stakeholders Task CBN, NCC to Conduct Fintech Talent Needs Survey

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The Fintech specialists and other stakeholders have tasked the Central Bank of Nigeria (CBN), Nigerian Communications Commission (NCC) and Nigeria Security Commission to conduct a talent needs survey.

According to the professionals the survey will help the regulators to understand the type of manpower challenges the industry is facing and to assist the education and training institutes to develop relevant curricular.

The keynote speaker and President of the Institute of Software Practitioners of Nigeria (ISPON), Chinenye Mba-Uzoukwu said the specific competencies identified by the survey would be a starting point for Fintech professionals, HR, educators and policy makers to understand what skills are needed in the industry.

The Fintech and Human Resources (HR) experts spoke during the Fintech Talent Summit – a co-located but focused event – within the annual Lagos Fintech Week 2020 which was held virtually last week.

Unanimous in their submissions, the specialists expressed the views that such a talent survey would empower the education and training centres to develop relevant programmes that will enable students to gain access to the Fintech and HR industry with maximum preparedness.

“The Nigeria Fintech ecosystem has become a leading network in Africa’s financial service industry through innovative solutions in lendtech, insurtech and wealthtech among others.

“The industry is regarded as a dominant force in Africa. However, despite the huge potential of Fintech, access to and retention of best-in-class talents is a growing concern within the industry”, the mavens agreed.

According to a PwC report in 2017, 77 per cent of the Chief Executive Officers surveyed view skills shortages as business threats.

In his presentation, Mba-Uzoukwu explained that the skill shortages in the industry cut across hard and soft skills.  “Not only technical skills, but also specific communication and response behaviours that are highly valued in the Fintech industry”, he emphasized.

The PwC report highlighted the hard skills that are in shortfall to include communication, creativity, high emotional quotient (EQ), block chain, programming languages such as Python, C++, C#, GoLang, SQL, JavaScript and Java ML, AI, Deep Learning and cyber security.

Speaking on the Community-as-a-Service (CaaS): Connecting with the right Talent for Current and Future Opportunities, Professor Abiodun Aibinu,   Head of Department, Mechanical Engineering, Federal University of Technology, Minna, identified 10 skills that are relevant to the future of work.

He listed EQ, critical thinking, active learning with growth mindset and judgment as well as decision making. Others include interpersonal communication, leadership, diversity and cultural intelligence, technological and embracing skills.

Also, the Executive Director at Innovectives Group, Ayo Oladimeji said “for us as Fintech experts, our talent pool is our greatest asset.  And this goes a long way to determine growth and success of the venture.

“To grow and achieve the mission of the business, we must help our team members to thrive by providing an inclusive and progressive work atmosphere,” he added.

The Fintech and HR professionals that also spoke at the summit include the Director General, Ekiti State Directorate of ICT, Dr. Hakeem Bakare; founder, Programmos Limited, Amos Emmanuel; CEO, Spacepointe, Sayu Abend; and CEO, Computic Limited, Moses Braimah.

Others include the founder and CEO of Riby Finance, Salami Abolore; Team Lead, Innfact Concepts, Akinbowale Alabi; the CTO, Inits Limited, Femi Taiwo and Head of Engineering at SystemSpecs, Mujib Ishola.

The faculty also had the CTO and Executive Director at Precise Financial Systems, Osifalujo Adedotun; Head, HR and admin, United Securities, Omobolanle Imafidon as well as the Chief Operating Officer, Automarket, Timi Tope Olagunoye.

Founder of Technology Times, Shina Badaru; Co-Founder/CEO, Ebanqo, Inc, Charles Ifedi; Group Head, Ringer One Africa Media (Roam), Tunde Adeniran; and Co-Founder, Social Lender, Bade Adesemowo were the others.


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NCDC Issues Public Advisory on Cerebrospinal Meningitis

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Nigeria Centre for Disease Control and Prevention (NCDC) has issued a Public Health advisory on the spread of Cerebrospinal Meningitis (CSM).

NCDC Issues Public Advisory on Cerebrospinal Meningitis

It said that the caution is particularly for states within the African Meningitis belt.

In a statement by the Corporate Communications Division of NCDC urged all Nigerians to remain vigilant and adopt preventive measures.

The statement said: “As Nigeria continues through the peak dry season months, the Nigeria Centre for Disease Control and Prevention (NCDC) alerts the public to the ongoing risk of Cerebrospinal Meningitis (CSM), particularly in states within the African meningitis belt.

“Cerebrospinal meningitis occurs more frequently between December and April, when dry, dusty conditions, overcrowding, and poor ventilation increase the risk of transmission.

“The NCDC urges all Nigerians to remain vigilant and adopt preventive measures. Surveillance and response activities remain ongoing nationwide, and laboratory testing is being conducted at the state level while national laboratory capacity is being strengthened.

It explained that Cerebrospinal meningitis is a serious infection of the protective membranes covering the brain and spinal cord.

According to NCDC the affliction is most commonly caused by bacteria, particularly Neisseria meningitidis.

“Bacterial meningitis can progress rapidly and may be fatal within hours if untreated.

“However, early diagnosis and prompt antibiotic treatment significantly improve survival and reduce complications. CSM spreads through respiratory droplets during close contact, especially in overcrowded or poorly ventilated environments.”

It said that symptoms to watch out for include sudden high fever, severe headache, and neck stiffness.

It said other symptoms may include: nausea or vomiting, sensitivity to light, confusion or altered consciousness and seizures.

For In infants and young children, NCDC said the symptoms could bulging soft spot on the head.

The Centre said that early recognition and treatment can save lives.


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Report finds the Number of Trojan Banker Attacks on Smartphones Increased by 56% in 2025

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According to a Kaspersky report “Mobile malware evolution,” the number of Trojan banker attacks on Android smartphones increased by 56% in 2025 compared to the previous year*.

This type of malware is designed to steal user credentials for online banking, e-payment services and credit card systems. Cybercriminals commonly distribute Trojan bankers through messaging apps, as well as through malicious webpages.

The number of new Trojan banker installation packages for Android (unique APK files) also increased sharply, reaching 255,090 packages – a 271% increase over 2024. This may indicate that these tools generate substantial profit for cybercriminals.

Kaspersky experts believe threat actors will continue both to expand delivery channels and develop new Trojan variants trying to evade detection by security solutions. Among all detected Trojan bankers, the leading families were Mamont and Creduz.

“Although Trojan bankers for smartphones are the fastest-growing type of malware, we also observed another important trend: preinstalled backdoors such as Triada and Keenadu appeared more frequently compared to previous years. People purchase completely new, but infected, Android devices and may be unaware of the threat.

Once integrated into the firmware fully functional preinstalled backdoors provide attackers with unlimited control over the victims’ smartphones and tablets. As a result, all information on infected devices can be compromised.

It’s quite difficult to remove such malware. If the device is infected, we recommend users check for firmware updates. After the update, run a scan of the device with a security solution again to make sure newly installed firmware is not infected,” comments Anton Kivva, malware analyst team lead at Kaspersky.

 


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EFCC Arraigns Two FSDH Bank Officials Over $307k, €50k Fraud

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Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), Ikoyi, Lagos, on Tuesday, March 3, 2026, arraigned two bank officials, Bakare Oladimeji Surajudeen and James Olukayode Imokwede, over an alleged $306,667.81 and €50,250 fraud before Justice Ismaila Ijelu of the Lagos State High Court sitting in Ikeja.
EFCC Arraigns Two FSDH Bank Officials Over $307k, €50k Fraud

EFCC

The defendants, who are both top officials of FSDH Merchant Bank Limited, were arraigned on a 10-count charge bordering on alleged stealing and retention of stolen property to the tune of $306,667.81 and €50,250.
The petitioner, FSDH Merchant Bank Limited, alleged that an internal audit uncovered unauthorized debits totaling $306,667.81 and €50,250, equivalent to N527,406,916.66 (Five Hundred and Twenty-Seven Million, Four Hundred and Six Thousand, Nine Hundred and Sixteen Naira, Sixty Six kobo), from its Letters of Credit (LC) payable accounts.
Investigations revealed that the defendants processed fraudulent transfers through the SWIFT platform to third parties.
One of the counts reads:
“That you, BAKARE OLADIMEJI SURAJUDEEN and JAMES OLUKAYODE IMOKWEDE, sometime in 2021 in Lagos within the jurisdiction of this Honourable Court, dishonestly took the sum of N527,406,916.66 (Five Hundred and Twenty-Seven Million, Four Hundred and Six Thousand, Nine Hundred and Sixteen Naira, Sixty Six kobo), property of FSDH Merchant Bank Limited.”
Another count reads:
“That you BAKARE OLADIMEJI SURAJUDEEN AND JAMES Olukayode Imokwede sometime in 2021 in Lagos within the jurisdiction of this Honourable Court dishonestly took sum of $306,667. 81 (Three Hundred and Six Thousand, Six Hundred and Sixty Seven dollars, Eighty one cents) property of FSDH Merchant Bank Limited”.
The defendants pleaded “not guilty” to all the charges preferred against them.
Following their pleas, prosecution counsel, H. U. Kofarnaisa, asked the court for a trial date and also prayed that the defendants be remanded in a Correctional facility pending trial.
Counsel to the first and second defendants, Oluwaseun Akintunde and Olajide S. Onasanya, informed the court that bail applications had been filed on behalf of the defendants and also urged the court to grant them bail on liberal terms.
They also prayed that the defendants be remanded in the EFCC custody pending the perfection of their bail conditions.
The prosecution counsel, however, opposed the prayers of the defence seeking the remand of the defendants in the EFCC custody, saying that “the EFCC detention facilities are overstretched.”
After listening to both parties, Justice Ijelu granted the defendants bail in the sum of N2 million each, with two sureties in like sum.
The court ordered that one of the sureties must be a relative, who is gainfully employed.
The sureties must provide evidence of tax payment in the last three years and must show proof of livelihood, with their residences verified.
The defendants were ordered to deposit their international passports with the court, and must not travel outside the country without the leave of the court.
The judge subsequently remanded the defendants in a Correctional facility pending the perfection of their bail conditions.
Justice Ijelu adjourned the matter till March 25, 2026, for the commencement of trial.

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