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Sunmonu, Aig-Imoukhuede Appointed Petralon Energy Board Chairman, N-E Director

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Aigboje Aig-Imoukhuede, Mutiu Sunmonu, Ahonsi Unuigbe at the Inaugural Board Meeting with Mutiu as Chairman
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Petralon Energy has announced the appointment of Mutiu Sunmonu and Aigboje Aig-Imoukhuede as chairman and Non-Executive Director (respectively) to the Board of Directors of Petralon Energy Limited.

Sunmonu was the former Managing Director of Shell Petroleum Development Company of Nigeria (SPDC) & Country Chairman of Shell Companies in Nigeria with an oil & gas career spanning over 36 years in Nigeria, United Kingdom and the Netherlands.

He was the pioneer responsible for mobilizing the private sector to set up the National Business Council for Sustainable Development (NBCSD) and currently serves on the board of various organizations across multiple sectors of the economy including Real Estate, Construction, Oil & Gas and Education.

Sunmonu is the recipient of many awards including; Sustainability Champion (2014 SERA Awards) and Commander of The Order of The Niger (CON). He is a Fellow of the Nigeria Society of Engineers (FNSE) and a board member of Imperial Homes (Formerly GT Homes), and Julius Berger Nigeria.                                                            

Aig-Imoukhuede is the Founder and Chairman of Coronation Capital – a private equity and propriety investment firm targeting the financial services, digital technology, upstream oil & gas and real estate sectors in Sub-Saharan Africa, operating out of Mauritius.

He is the President of the National Council of the Nigerian Stock Exchange and Chairman of Wapic Insurance Group, an emerging West African Underwriter.

He also serves on the Board of the Africa Finance Corporation.

Aig-Imoukhuede has had a long and successful career in the banking industry at both Guaranty Trust Bank Plc where he rose to Executive Director and Access Bank where he led the Access Bank transformation team.

His leadership witnessed the transformation of the institution into one of the largest Banks in Nigeria.

Aig-Imoukhuede is the recipient of several awards and National Honours including African Banker of the Year (African Banker), West African Entrepreneur of the Year (Ernst & Young) and Commander of the Order of the Niger (CON).

Commenting on his appointment, Sunmonu said, “I am honored to serve on the board of an indigenous oil and gas company dedicated to global best practice. I look forward to working with the Petralon board and management team as they work towards their vision of collective energy and value for all.”

Also, Aig-Imoukhuede commented thus, “I am excited by this opportunity to play a role in building a world class leading indigenous E&P company. I am looking forward to contributing to Petralon’s continued success with a focus on delivering tangible results.”

Ahonsi Unuigbe, Founder & CEO of Petralon Energy, added: “Mutiu’s 36 years of extensive experience in the oil and gas sector will add a valuable perspective to our Board of Directors. We appreciate his willingness to serve as the Chairman and look forward to benefitting from his counsel.

“We are equally pleased about Aigboje’s appointment and the decades of experience he brings to bear. We have no doubt that the board can draw on his vast experience in building successful businesses from start-ups, will provide tremendous benefits to the board and the organisation as a whole.”

Petralon Energy is an indigenous exploration and production company in Nigeria with regional expansion plans across Africa.

The Company, which has already raised over $50million to fund its immediate growth plans, is set up to acquire, develop, and operate assets in the oil and gas sector.


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Xenophobic Attacks: Anonymous Nigeria Threatens to Leak South African Stolen Data

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Anonymous Nigeria, hacktivism, known for launching coordinated cyberattacks and protests in support of socio-political movements, has threatened to leak stolen South African government data unless its demands were met.

Xenophobic Attacks: Anonymous Nigeria Threatens to Leak South African Stolen Data

The group, called for the department to stop xenophobic attacks on Nigerians in South Africa, or it will expose the data.

“They call themselves correctional services, but they can’t correct the citizens. What a shame,” the group said in its Telegram channel, MyBroadband reported.

“They killed a lot of Nigerians while the so-called correctional services watched and the ministry of justice.”

It is immediately know if Anonymous Nigeria is affiliated to Nullsec Nigeria.

But in a post on a hacker forum, Nullsec Nigeria included a link showcasing an example of data stolen from the department.

It included two bid invitation notices, bid results, a copy of the bids received, and a notice of a bid awarded in various formats.

“We’ll expose all your evil deeds for the world to see, unless this attack stops. But if not, we’ll leak everything they got,” Nullsec Nigeria said.

“Unless the government of South Africa ends these xenophobic attacks on Nigeria, we’ll expose everything about you, your evil deeds will be exposed, and the world shall know.”

MyBroadband asked the Department of Correctional Services about the claimed breach and Nullsec Nigeria’s demands, but it did not immediately respond to our questions.

Nullsec Nigeria also claimed responsibility for breaching several other entities in South Africa, while responding to an X post about its OpSouthAfrica campaign in its Telegram channel.

“I wanna express something here. I saw a report on the #OpSouthAfrica hack by Nullsec Nigeria, but it was stolen by another person,” it said. “Tag the real breachers next time.”

In a separate thread on the hacker forum, Nullsec Nigeria also claimed responsibility for breaching the Ephraim Mogale Local Municipality’s systems.

It claimed to have hacked the local government’s website and threatened to expose “everything you got for others to see how heartless you are. You killed mothers, brothers, students.”

Nullsec Nigeria said the breach and the threats were in response to the xenophobic attacks on and killing of Nigerians and the South African government’s supposed silence on the issue.

“These attacks are still going on in the dark, and we’ll expose them all. If the South African government doesn’t act first, the whole of South Africa will suffer,” it said.

“This is just a wave. These documents are about 11GB, but we decided to pull just this one.”

Its post included two images: one for a public hearing and another, a handwritten tender document for the appointment of an insurance service provider.

It also included a link to several other documents, including an old annual report, council resolutions, financial statements, and various other notices.

The Nigerian Government recently announced plans to bring citizens back to the country from South Africa after violent protests over foreign nationals in the country erupted earlier in May.

President Cyril Ramaphosa condemned the protests and criminal acts directed at foreign nationals in his From the Desk of The President weekly newsletter on 11 May 2026.

He emphasised the recent demonstrations and attacks did not represent the views of the South African people, nor the government’s policy.

“These are the acts of opportunists who are exploiting the legitimate grievances, particularly those of the poor, under the false guise of ‘community activism’,” The President said.

“Some of these people are assuming functions that only state officials are permitted to perform, including stopping people to check identification and conducting searches of private property.”

He added that such lawlessness would not be tolerated, regardless of who the perpetrators or victims were.


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World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

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World Bank has restricted comments on its Instagram page after thousands of Nigerians flooded the platform begging them to stop lending money to Nigeria.

World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

The protest erupted after reports that President Bola Ahmed Tinubu is seeking a fresh $1.25 billion dollar loan for approval on June 26.

Some Nigerians asked the World Bank to provide more details about the purpose of the loan and how the funds would be managed.

Others said the country should reduce dependence on foreign loans and focus on improving local revenue.

The federal government has continued to defend its borrowing plans.

Officials say the funds will support economic reforms, development projects and efforts to strengthen the economy.

Nigeria remains one of the major borrowers from the World Bank in Africa, with different administrations securing loans over the years for infrastructure, social programmes and economic support.


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Lagos Plans New Cybersecurity Centre

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The Lagos State Government plans to establish a Cybersecurity Operations Centre to strengthen protection of government systems, digital services and citizen data amid rising cyber threats linked to the city’s expanding digital economy.

Tunbosun Alake, Lagos commissioner for innovation, science and technology, said the centre would help secure the infrastructure supporting online payments, e-government services, cloud platforms and technology-driven business operations across the state.

According to Alake, the facility will monitor, detect and respond to cyber threats targeting government networks, digital transactions and sensitive public data.

The move comes as Lagos accelerates its smart city agenda through investments in broadband infrastructure, digital identity systems and automated public services.

Alake said Lagos had already deployed 109 Data Protection Officers across Ministries, Departments and Agencies, which he described as the highest number among Nigerian states, to strengthen compliance with data protection regulations.

Alongside the proposed cybersecurity centre, the state also launched the Lagos Campus Network Upgrade project aimed at improving digital infrastructure within the public sector.

The upgrade is expected to improve network performance, automate internal government processes and enhance digital engagement with residents. The cybersecurity initiative follows the release of Lagos State’s cybersecurity guidelines in April.

The framework recommends measures including multi-factor authentication, vulnerability testing, encrypted backups and tighter endpoint security controls.

The guidelines align with Nigeria’s Cybercrime Act 2024, the Nigeria Data Protection Act 2023 and the National Cybersecurity Policy and Strategy 2021.

 


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