Ola Olukoyede, executive chairman, Economic and Financial Crimes Commission (EFCC), has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices often lead to insider abuse and non-performing loans. Olukoyede issued the warning recently when he received Mufutau Olawale Abiola, chief audit executive, First Bank Plc, who led a delega...

Nigeria needs some 480,000 data protection officers (DPOs), to develop, implement, and oversee organizations’ data privacy strategy to ensure compliance with laws like the GDPR and the Nigeria Data Protection Act (NDPA). Currently only about 10,000 individuals possess the necessary certification highlighting a major skills gap, according Vincent Olatunji, national commissioner, ...

Nigerian Air Traffic Controllers’ Association (NATCA) has warned that flight delays across the country may soon become inevitable as it considers implementing nationwide flow control measures to reduce mounting physical and mental fatigue among controllers. NATCA said the decision is being driven by worsening working conditions, inadequate manpower, and the continued decline of ...

African Development Bank (AfDB) has granted a $200 million loan to support Nigeria’s flagship digital infrastructure initiative, Project BRIDGE, which is designed to expand broadband access across the country. Project BRIDGE, is  a Special Purpose Vehicle (SPV) aimed at deploying at least 90,000 km of Fiber Optic cables as Nigeria’s core connectivity Infrastructure and national ...

Qualcomm Incorporated has announced the selection of 10 startups for its fourth year of the Qualcomm® Make in Africa Mentorship Program. This initiative is part of the Qualcomm Africa Innovation Platform, which supports the development of Africa’s deep-technology ecosystem. It provides mentorship and training programs, with a focus on advanced connectivity and processing technol...