News
SystemSpecs Appoints Igbalajobi, Obikile Executive Directors

To maximise its potentials as Africa’s leading financial technology and human capital management firm, SystemSpecs has appointed Demola Igbalajobi and Ezinne Obikile as Executive Directors.
Their appointment is to support SystemSpecs’ vision of delivering maximum value to its diverse customers that include individuals, SMEs, corporations and governments in Nigeria and across Africa at large.
Demola Igbalajobi would serve as Executive Director in charge of Public Sector and Special Projects Division and Ezinne Obikile as Executive Director in charge of the organisation’s Payment Infrastructure and Gateway Division.
Igbalajobi’s brief is the development, adoption and support of SystemSpecs’ entire solutions and services suite by governments at all levels, including the widely celebrated Treasury Single Account (TSA) of the Federal Government and states in Nigeria, as well as similar initiatives across Africa.
A chartered accountant and seasoned project manager, Igbalajobi has well over 25 years’ multi-industry experience working with bluechip firms to implement strategic, business-focused solutions that support business goals and maximise return on investments.
Before joining SystemSpecs, Igbalajobi had a long spell with IBM UK, managing software implementation and application development projects, setting up and handling programme management offices and consulting on ERP implementation. His experience also covers business analytics, change management as well as programme management in the automotive, telecommunications, finance, hospitality and manufacturing industries.
As Executive Director in charge of Payment Infrastructure and Gateway, Obikile is responsible for the deployment and optimisation of SystemSpecs’ payment backbone to serve financial institutions as well as proprietary and third-party payment solution providers in Nigeria and across Africa.
Obikile is a seasoned Information Technology solutions and electronic transactions management expert with over three decades’ experience in the banking industry.
Prior to her appointment, Obikile served as the pioneer Group Head, Transaction Banking at First Bank of Nigeria, where—among other contributions—she had an extensive career, developing and implementing the financial institution’s transaction banking strategy and service offerings, product development management across all payment product engines, and driving transaction volumes and revenue.
Obikile is an alumnus of the University of Nigeria and holds a Master of Business Administration degree from Enugu State University of Science and Technology.
News
SEC Probes Ponzi Scheme Linked to FF Tiffany

The Securities and Exchange Commission has revealed plans to commence investigation into the activities of an entity operating under FF Tiffany, allegedly running a fraudulent investment scheme that has defrauded citizens.
A statement by the SEC on Tuesday in Abuja said preliminary information revealed that the scheme, which promised investors unusually high and unrealistic returns, had resulted in the loss of several billions of naira.
The SEC said it viewed the activity as a threat to investor confidence and the overall integrity of the financial system.
The commission assured the public that it was working closely with law enforcement agencies and other relevant bodies to bring everyone involved in the unlawful operation to justice.
According to SEC, those found culpable will be prosecuted in accordance with the Investment and Securities Act and regulatory provisions.
SEC reiterated its earlier warnings to the general public to desist from engaging in Ponzi or unregistered investment schemes that promised guaranteed or exaggerated returns.
“These schemes are not registered with the SEC and do not offer investor protection under the law.
“The commission is currently investigating 79 schemes and will make a statement on its findings at the conclusion of the investigation,” the SEC said.
The commission encouraged investors to conduct due diligence and verify the registration status of any investment firm or product by visiting the SEC website or contacting the commission directly through official channels.
SEC said it remained committed to its mandate of protecting investors, ensuring fair practices, and maintaining confidence in Nigeria’s capital market.
News
US Launches ‘Window on America’ @ Ogun Tech Hub

The Ogun Tech Hub in Abeokuta, Nigeria received a significant step towards increasing digital access and empowering young people as US Embassy in Nigeria launched the ‘Window on America’ facility.
The newly opened centre will offer free high-speed internet, computer access, and targeted programs to help young Nigerians build essential skills in technology, entrepreneurship, and leadership.
In a post on X (previously Twitter), the US Embassy described the hub as a modern ICT and resource centre meant to promote digital inclusion and provide youths with skills.
“Hello Abeokuta! We’re thrilled to announce the opening of the Ogun Tech Hub Window on America. This dynamic space offers free high-speed internet, computers, and programs to help young people gain tech, leadership, and entrepreneurial skills,” the Embassy wrote.
The facility was established in collaboration with the Ogun State and GFA Technologies, a software solutions provider for startups and SMEs.
The Embassy said the facility is part of its wider network of 29 American hubs across Nigeria, designed to empower youth and broaden access to global knowledge and opportunities.
Speaking during the launch, Ogun State governor Dapo Abiodun urged young people to use the ICT industry for self-sufficiency and competitiveness globally.
He lauded the program as a public-private cooperation that connects Nigerian youngsters with global innovations.
The governor said: “The Ogun Tech Hub serves as a collaborative space for technologists, startups, and social entrepreneurs to develop tech-driven solutions for societal challenges. The partnership is aimed at positioning Ogun State as a leading tech hub in Africa, supporting creative problem-solving and commercial innovation.”
With the ‘Window on America’ program fully operational, Ogun State is well-positioned to boost youth empowerment and digital literacy.
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