Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

News

Azentio Software Recognized in Anti-Money Laundering Solutions

Published

on

Kindly share this post

Azentio Software (“Azentio”), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, has announced that it has been named as a Contender in The Forrester Wave™: Anti-Money Laundering Solutions, Q3 2022 report.

Azentio Software was amongst 15 most significant anti-money laundering (AML) solution providers assessed against 26 criteria across categories of current offering, strategy and market presence.

The report evaluated Amlock™, Azentio’s Financial Crime Detection and Management Solution, an integrated and flexible platform with advanced capabilities that leverage risk calculators, fully featured tools and BI technologies for monitoring money laundering activities, risk analysis and powerful insights.

According to the Forrester report, “The vendor has been expanding its supported database platforms and invested in a smart ID card reader solution for customer KYC processes. It also added transliteration services for names from English to Arabic and vice versa.

In its current offering, the vendor shows strength in evaluating rule changes (what-if testing), rule versioning, and reporting on rule performance. Unsupervised and reinforcement learning capabilities are also above par.”

The report further adds, “Azentio is a good fit for organizations wanting to digitize and modernize their KYC and CDD processes and add AI and ML to enhance them.”

Azentio received the maximum possible score in the enhancements: Watchlist management criterion, with the Forrester report stating, “The vendor demonstrated strong and leading WLM product enhancement roadmaps, and its market approach is on par with other vendors in this evaluation.”

Tony Kinnear, Chief Executive Officer of Azentio, stated, “We are grateful to be acknowledged as a Contender in The Forrester Wave™ report for AML solutions.

“We believe that as regulations widen their ambit to capture new and emerging threats, the roles of AI and ML technologies will be a critical factor in adding insights, helping organizations to make vital risk-related predictions and decisions.

“Azentio has been investing in its AML solutions to add innovative, market-driven AI and ML features. We believe Forrester’s assessment reflects our commitment to help organizations worldwide effectively meet their AML requirements.”

Azentio’s roadmap for Amlock™ includes improvement of screening algorithms with phonetic search; solution integration with ID verification portals; and an enhanced alerts and rule builder.

In Forrester’s recent Global Banking Platform Deals Survey 2022, Azentio ranked high as Regional Pursuer in the New Named Deals category; Major Cross Seller in the Extended Business category; and Major Player in the Combined Deals category.

 


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

News

NITDA, RHI, Commission IT Community Centre in Ibadan

Published

on

L-r: Kashifu Inuwa CCIE, DG, NITDA; Wife of Oyo State Governor Engr (Mrs) Tamunominini Makinde; Oyo State Governor, Engr. Oluseyi Makinde; Sen. Oluremi Tinubu, First Lady Federal Republic of Nigeria; Dr Bosun Tijani, HM, Communications, Innovation and Digital Economy; former Minister of Trade, Chief (Mrs) Onikepo Akande and Ooni of Ife, Oba Adeyeye Enitan Ogunwusi.
Kindly share this post

The National Information Technology Development Agency (NITDA), in partnership with the Renewed Hope Initiative (RHI), has officially commissioned a state-of-the-art IT Community Centre in Ibadan, Oyo State, as part of ongoing efforts to bridge the digital divide and empower youth and women across the state.

The centre, which was donated to Oladipo Alayande School of Science in Oke-Bola, Ibadan, Oyo State, was named in honour of Mrs. Onikepo Akande, a distinguished daughter of Oyo State, and is aimed at providing digital skills training, particularly for women and young people. It is expected to offer participants a competitive edge in the evolving global tech industry.

Her Excellency, the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu CON OON, delivered special remarks at the event, emphasising the centre’s role in achieving one of President Bola Ahmed Tinubu’s key priority areas which is to accelerate economic diversification through digitisation, industrialisation, innovation, and the creative arts.

She disclosed that the commissioning of the centre is a step forward in the collective mission to empower Nigerians, especially women and youth, with the skills needed to thrive in a digital economy.

“We are not stopping here. I am pleased to announce that ten more IT Centres will soon be commissioned across various states,” she added.

While noting that other digital economy centres have been fully equipped with computers and ICT materials in 5 other states, she urged members of the community to take full ownership of the centre.

She said, “The success of this centre depends on your active participation and utilisation of available resources.”

The Oyo State Governor, Engr. Oluseyi Makinde, who delivered a goodwill message during the event, praised NITDA and RHI for bringing the initiative to the state.

He highlighted the high standards of the facility and pledged the state government’s support to ensure its sustainability and maximum impact on the people of Oyo State.

“Information Technology, Artificial Intelligence, that is the road to the future, and I am glad that under the Renewed Hope Initiative, you’ve brought this to Oyo State, and I can give you the assurance that we will take full advantage of it,” he promised.

In his remark, the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani stated that the centre will serve as an avenue for youths to acquire globally relevant digital skills, build startups and create solutions that can compete on the global stage.

While giving his welcome remarks earlier, the DG NITDA, Kashifu Inuwa, described the collaboration with the Renewed Hope Initiative as a strategic intervention to boost Nigeria’s digital talent pool.

He explained that the Ibadan IT Community Centre is equipped with cutting-edge technologies designed to provide a smart and personalised learning experience and lauded Senator Tinubu for her leadership and passion for empowering underrepresented groups.

“Your Excellency’s vision and commitment have been instrumental in actualising this initiative. You are giving Nigerians the tools to unlock their potential in the digital economy,” he said.

Noting that the newly commissioned centre is part of a broader national agenda to enhance digital literacy, reduce unemployment, and foster innovation-driven development across the country, Inuwa disclosed that the agency has worked with the Ministry of Education to develop digital literacy and skills curriculum that will be infused as part of the formal education in schools.

While encouraging the school administrators and community leaders to ensure its accessibility and sustainability, the NITDA DG said, “The centre is open to all, and we want to see a cross-pollination between the school and the community.”

 


Kindly share this post
Continue Reading

News

Nigeria Reports 832 Lassa Fever and Mpox Cases, Death Toll Hits 135

Published

on

Kindly share this post

Nigeria Centre for Disease Control and Prevention (NCDC) has confirmed the country has recorded 832 confirmed cases of Lassa fever and Mpox.

Speaking during a press briefing on Friday in Abuja, the agency’s Director General, Dr. Jide Idris, revealed that 132 fatalities were recorded from Lassa fever and three from Mpox.

While acknowledging a recent decline in Lassa fever infections during epidemiological week 16 (ending April 20, 2025), he warned that the overall risk remains high, particularly in endemic regions.

“Cumulatively, as of week 16, Nigeria has reported 4,253 suspected cases of Lassa fever, 696 confirmed cases, and 132 deaths, resulting in a case fatality rate of 19.0 percent,” he stated.

Dr. Idris attributed recent improvements to intensified surveillance, treatment efforts, and enhanced community engagement. He emphasized, however, the continued need for vigilance and collaboration to sustain progress.

Regarding Mpox, the NCDC boss disclosed that three deaths have been recorded in 2025—two in Abia and Ebonyi States in week 10, and one recently in Rivers State involving a patient co-infected with HIV and tuberculosis.

As of week 16, 723 suspected cases and 136 laboratory-confirmed cases of Mpox have been reported across 35 states and the Federal Capital Territory (FCT). The national case fatality rate currently stands at 2.2 per cent.

“The epidemic curve reveals multiple peaks in Mpox cases, indicating ongoing transmission. While most states have reported suspected cases, confirmed infections are heavily concentrated in Nigeria’s southern and central regions,” Dr. Idris noted.

To address these outbreaks, the NCDC has activated its Emergency Operations Centre (EOC), deployed National Rapid Response Teams to affected states, and prepositioned essential medical supplies, including personal protective equipment and laboratory consumables. Five additional Mpox diagnostic laboratories have also been optimized in Bauchi, Kano, Cross River, Rivers, and Enugu States.

“Healthcare workers are undergoing specialized training in infection prevention, case management, and cerebrospinal meningitis (CSM) care. Community outreach is being reinforced through public awareness campaigns, media engagement, and targeted health communication strategies,” he added.

On cerebrospinal meningitis, Dr. Idris reported a consistent decline in new cases and fatalities over the last three weeks.

He attributed the improvement to effective vaccination, early treatment, and adaptive surveillance strategies tailored to real-time data.

“Although the situation remains serious, strong national and state-level coordination is showing positive results.

“The response will continue until full containment is achieved and states take full ownership of the CSM Incident Action Plan,” he said.

Dr. Idris also expressed concern about the rising Mpox trend since its reemergence in 2017, with significant spikes recorded between 2022 and 2024, positioning Nigeria among the most affected countries globally.

He warned that under reporting and delayed data entry remain challenges that need urgent resolution to ensure accurate and timely outbreak response.

A national mortality review for the recent Mpox deaths is being planned to further assess response effectiveness and identify areas for improvement.

The NCDC reaffirmed its commitment to safeguarding public health through timely surveillance, transparent reporting, and coordinated national response mechanisms aimed at reducing disease burden and preventing future outbreaks.


Kindly share this post
Continue Reading

News

Presidents Mahama, Tinubu Honor Dr. Mike Adenuga on 72nd Birthday

Published

on

Kindly share this post

Presidents John Dramani Mahama of Ghana and Bola Ahmed Tinubu of Nigeria have celebrated the Chairman of Globacom, Dr. Mike Adenuga Jr., on the occasion of his 72nd birthday.

In congratulatory messages, both leaders praised Dr. Adenuga’s outstanding contributions to the economic development and growth of both Ghana and Nigeria. They commended his remarkable entrepreneurial spirit, resilience, and commitment to excellence.

President Mahama described Dr. Adenuga’s life as “a shining example of vision, resilience, and extraordinary accomplishment.” He noted that through his entrepreneurial endeavors, Dr. Adenuga has not only built enduring businesses but also contributed significantly to the socio-economic advancement of the African continent.

He noted that Dr. Adenuga’s leadership and philanthropic endeavour remain a beacon of inspiration for generations across Africa.

Also President Tinubu stated that Dr. Adenuga’s humility and diligence have enabled him to succeed in various sectors, including banking, telecommunications, oil, and gas. He praised Dr. Adenuga’s innovative approach to business, citing Globacom’s pioneering per-second billing, which expanded telephony and digital access to millions of Nigerians.

“In addition, Conoil has proven that an indigenous firm can compete with international oil companies, fostering energy independence and security for our country.” He added.

President Tinubu who expressed the gratitude of Nigerians to Dr. Adenuga for his immense contributions to the country’s progress and prosperity, also commended him for extending his investments to other African countries and Europe, “a bold effort which earned you well-deserved honours as Commander of the Legion of Honour (France) and Ghana’s Companion of the Star of Ghana”.

 


Kindly share this post
Continue Reading

Trending