News
JABU Pro Chancellor Commends Aladekomo, Chams

Professor Anthony Imevbore, emeritus professor and Pro-Chancellor of Joseph Ayo Babalola University (JABU), has said Demola Aladekomo, group managing director, Chams Plc, and Chams Group still have more to contribute to Nigeria’s economic growth notwithstanding close to three decades of eminent service to the nation.
Professor Imevbore called on JABU students and the Nigerian youth at large to emulate the inspiring lives of Aladekomo and other successful Nigerian entrepreneurs who have contributed and are contributing immensely to the growth and development of the Nigerian economy.
JABU is Nigeria’s first ICT-driven entrepreneurial university which seeks to equip students with entrepreneurial skills irrespective of their basic academic pursuits, in order to make them self-sufficient, self-reliant, competent, and efficient employers of labour and adding value to our national economy.
The Pro-Chancellor made this call during the 2nd Oladele Olashore Memorial Lecture at JABU in Ikeji-Arakeji, Osun State at the weekend.
He said, “We are indeed blessed to have Mr Demola Aladekomo, a seasoned entrepreneur on the podium sharing his entrepreneurial journey and success tips with us as the keynote speaker at the 2nd Oladele Olashore Memorial Lecture. From the deep education given to us on entrepreneurship today which is in alignment with the JABU vision, there is no reason why some of you here should start writing job applications after graduation.
“You have been given all the tips, all you need to be a successful entrepreneur just like the Late Oba Oladele Olashore and Mr Aladekomo, our guest speaker. Nothing compares to learning from an individual who discusses a topic of interest from life experience. The guest speaker is a resourceful Nigerian who has contributed immensely to the national economy and still has a lot more to contribute to the growth of this country,” Professor Imevbore said.
Delivering his keynote address entitled “The Entrepreneur as a Nation Builder”, Aladekomo lauded the commitment of the vision bearers of Joseph Ayo Babalola University to equipping undergraduate students with entrepreneurial skills irrespective of their basic academic pursuits.
He said, “It is indeed delightful that Joseph Ayo Babalola University is striving to produce a new generation of youths that are self-sufficient, self-reliant, and competent. Youthful entrepreneurs drive the economy of the United States.
America’s 25.8 million small businesses employ more than 50 percent of the private workforce, generating more than half of its national gross domestic product. Nigerian youths must imbibe same culture of entrepreneurship and stop differentiating between opportunities in the formal and informal, believing the latter is for illiterates. Without an upsurge in youth enterprise, our national economy cannot attain its true potential.”
The Group Managing Director of Chams Plc added that “It is ironic that we have lots of unemployed graduates when there are lots of societal needs that are not being met in the Nigerian market.
“Could it be lack of ideas or the false belief that entrepreneurs are born and not made that keep our youths searching for elusive jobs when the export market for cassava is grossly underserved? The scenario is the same across thriving sub-sectors of the national economy with an increasingly ageing workforce in which opportunities abound for energetic youth and new ideas.
“Entrepreneurs are created through education, experience and mentorship. They were not born with entrepreneurial insight, ability and skills which make them exceptional.
“With the right skills and attitude, any Nigerian youth with ambition and ideas can go far because of the existing limitless opportunities in the market. Nigeria represents an exceptional and extremely exciting opportunity for young and smart entrepreneurs with guts.”
On his part, Professor Sola Fajana, Vice Chancellor, Joseph Ayo Babalola University said “the guest speaker, Mr Aladekomo has treated us to a life inspiring lecture which is more beneficial to the largely youthful audience in attendance. We are going home with message that wherever there is a need, there is need for enterprise; and by satisfying the need, your create value which includes employment and wealth. We are delighted to have Mr Aladekomo here to encourage our community of youths to make a difference just like the late Oba Oladele Olashore whose memory is being honoured today.”
News
NITDA, CAC Activate Cybersecurity Measures Amid System Concerns

The National Information Technology Development Agency (NITDA) and the Corporate Affairs Commission (CAC) have initiated coordinated measures to strengthen cybersecurity following recent concerns affecting aspects of CAC’s digital systems.

Both agencies said they have activated response and assurance mechanisms in line with national cybersecurity frameworks to safeguard critical infrastructure and maintain service integrity.
NITDA reiterated that all Ministries, Departments, and Agencies (MDAs) must adopt proactive cybersecurity measures in compliance with the National Cybersecurity Policy and Strategy (NCPS) 2021.
The agency directed all MDAs to immediately review and reinforce their cybersecurity architecture to address emerging threats targeting government systems and sensitive data.
As part of the directive, MDAs are required to conduct comprehensive security assessments, remediate identified vulnerabilities, and strengthen access controls across critical platforms.
They are also expected to enhance data protection mechanisms, maintain effective backup and disaster recovery systems, and improve monitoring capabilities to detect and respond to suspicious activities.
In addition, there is the need for functional incident response frameworks, including prompt reporting of cybersecurity breaches for coordinated intervention.
Detailed cybersecurity guidelines have already been issued to MDAs for implementation as part of ongoing efforts to strengthen resilience across public sector digital infrastructure.
The measures are aimed at improving the overall security posture of government institutions and ensuring the continued protection of national digital assets.
NITDA reaffirmed its commitment to supporting government agencies in safeguarding digital systems and advancing cybersecurity best practices across the public sector.
News
Nigeria Customs Deploys AI to Cover Revenue Leaks

The Nigeria Customs Service (NCS) has rolled out an artificial intelligence (AI) driven capacity-building programme to improve revenue generation and reconciliation across its operations.

The initiative, unveiled during a three-day training event in Abuja, aims to transition the agency toward data-driven administration as Nigeria seeks to boost non-oil revenue.
The adoption of AI will enable the service to better manage complex trade systems, detect anomalies and reduce revenue leakages, says Bashir Adewale Adeniyi, comptroller-general of the NCS.
AI-powered tools are already being integrated into risk management and cargo scanning systems to allow for real-time analysis of trade patterns.
The technology marks a transition from manual, reactive processes to predictive and automated decision-making, Adeniyi adds.
The programme also reflects a shift in the relationship between the NCS and the National Assembly toward a collaborative framework focused on transparency and efficiency.
The training is a strategic intervention to address persistent gaps in revenue management, says Kikelomo Adeola, deputy comptroller-general of the NCS.
AI applications, ranging from automated data analysis to predictive intelligence, will significantly enhance the integrity of public financial systems, she says.
The initiative aligns with broader efforts to modernise governance and improve compliance across revenue-generating agencies, says Bamidele Salam, chairman of the House Public Accounts Committee.
Lawmakers and fiscal authorities at the event underscored the urgency of adopting advanced technologies amid rising budgetary pressures.
This move comes as the federal government increases scrutiny over revenue leakages and audit discrepancies.
The partnership between the NCS and the legislature is critical to strengthening fiscal discipline and ensuring all revenue due to the federation is accurately captured, Adeniyi concludes.
News
Lagos Targets Vulnerable Residents in Expanded Social Register

Lagos State Government has intensified efforts to strengthen its social protection framework with a fresh push to update the state’s Single Social Register.

Babajide Sanwo-Olu, Governor, Lagos
This was contained in a press statement on the government’s Facebook page on Wednesday.
The initiative, led by the Lagos State Ministry of Economic Planning and Budget, formed the focus of a strategic engagement held on Monday with Community-Based Targeting teams, local government coordinators and field enumerators across the state’s 57 Local Government Areas and Local Council Development Areas.
The meeting, themed “Closing the Gap: Accelerating Lagos State Single Social Register Update,” took place at the Radio Lagos Multipurpose Hall in Agidingbi, Ikeja.
Officials said the exercise is aimed at improving the accuracy and reach of the register, which serves as a critical tool for planning and delivering targeted social interventions, including financial support, healthcare and education services.
Speaking at the session, Ope George, commissioner for Economic Planning and Budget, commended field workers for their commitment while urging them to scale up their efforts.
He called on participants to be “more intentional by intensifying their commitment,” reaffirming the government’s resolve to “continuously strengthen and refine the Register to reflect evolving realities.”
Also speaking, Olayinka Ojo, permanent secretary in the ministry, described the register as central to effective governance and service delivery.
She said “it remains a cornerstone for effective planning and delivery of social intervention programmes,” adding that the ongoing update is designed to “further enhance data reliability, coordination, and service delivery outcomes.”
Ojo noted that sensitisation efforts would be expanded across all councils to ensure wider inclusion of residents, stating that “the advocacy and sensitisation will scale throughout the 57 LGAs and LCDA to give more to Lagos residents.”
According to the government, the updated register is expected to expand access to social protection programmes and improve the targeting of interventions for the most vulnerable populations.
The engagement also provided a platform for stakeholders to strengthen collaboration, improve data quality and reinforce transparency in grassroots data collection.
The state government reiterated its commitment to leveraging accurate data and partnerships to drive inclusive development, reduce vulnerability and improve living standards across Lagos.
News2 days agoLagos Targets Vulnerable Residents in Expanded Social Register
E-Business2 days agoCAC Urges Users to Secure Accounts after Cyberattack Scare
E-Financial2 days agoIMF Downgrades Nigeria’s GDP Outlook, Warns of Rising Risks
E-Financial2 days agoCBN Proposes 30-Member Mediation Panel for Loan Disputes
E-Financial2 days agoNDIC Seeks Court Nods to Liquidate 89 Failed Banks
News2 days agoStudy Shows 38% of Northern Women Lack Access to Financial Services
E-Financial2 days agoSEC Sets N7.5Bn Capital Floor to Shield Investors in FTZE Public Offerings
Telecom1 day agoMTN Suspends Data, Airtime Borrowing Service over New FCCPC Lending Rules

















