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General News

Azentio Software Secures ISO 9001:2015, ISO/IEC 27001:2013 Certifications for its India Operations

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Azentio Software has achieved ISO 9001:2015 and ISO/IEC 27001:2013 for its India operations. An industry wide recognized certification, ISO 9001:2015 lays the foundation for Quality Management System and defines business processes at par with global standards.

ISO/IEC 27001:2013 popularly known as the certification for Information Security Management System (ISMS) ensures that the company that is certified uses a systematic approach in managing information by duly classifying them based on the usage and user roles and making sure the data is secure.

 

It is a pioneering international certification for information security established by ISO (International Organization for Standardization).

ISO/IEC 27001 is made of control categories that include Information Security Policy, Security Organization, Asset Classification Controls, Physical, Logical and Network Security, Access Controls, Incident Management and Compliance.

“We are very proud of this achievement. It represents a huge accomplishment for our team,” commented Tony Kinnear, CEO of Azentio. “ISO 9001 ensures quality sits at the heart of our business structure, processes and objectives. It demonstrates our commitment to delivering quality outcomes for our clients.

“Information security is a critical element to our business operations and the ISO certification provides assurance to our clients and business partners that the information and data being processed is safe and secure.”

Abdo Chalhoub, Azentio’s Chief Information & Security Officer, stated, “Being an ISO/IEC 27001:2013 certified company means that, at Azentio we prioritize data security:

– We ensure that the customer data is rightly protected

– We assess and mitigate risks and vulnerabilities

– We imbibe a culture of secure development practices, and all employees are aware about the criticality of information security, thus prioritizing information security by design.

Complying with this standard demonstrates that we consistently meet or exceed client expectations, and all applicable legal, regulatory, and industry-specific requirements,” he said.

The external audit was conducted by TUV-SUD India at Azentio’s Mumbai and Chennai offices for the scope of ‘Providing Banking, Financial Services, Insurance and ERP solutions and services through Software Design, Development, Implementation and Support’, and the certification is valid till August 2025.

This is the latest milestone in Azentio’s certification roadmap which includes CMMI Version 2.0 Maturity Level 3 (DEV & SVC) for Azentio India operations, and CMMI Version 2.0 Maturity Level 5 (Dev) for Azentio Middle East operations.

 


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General News

FG Launches Virtual Privacy Academy

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The Nigerian government has launched the Virtual Privacy Academy, a new digital training platform designed to deepen data protection and privacy policies in the private and public sectors.

Dr. Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, unveiled the initiative during the 8th annual conference of the Network of African Data Protection Authorities, which began yesterday in Abuja.

The three-day conference, titled “Balancing Innovation in Africa: Data Protection and Privacy in Emerging Technologies,” drew attendees from over 30 African countries, as well as Europe, Asia, the Middle East, and the United States.

Dr. Tijani emphasised that the academy is part of Nigeria’s strategy to capitalise on the benefits of the digital economy by providing actors with the tools they need to navigate hazardous data governance landscape.

According to Tijani, this project would provide Nigerians with the opportunity to gain practical skills in data protection.

Dr. Vincent Olatunji, National Commissioner of the Nigeria Data Protection Commission, highlighted Nigeria’s recent data governance milestones during his address.

He stated that the Commission had completed over 5,000 compliance assessments, opened 223 investigations, and assisted 12 organisations with rehabilitation.

Dr. Olatunji urged African countries who have yet to pass data protection laws to do so, emphasizing that “strong data protection frameworks are not barriers to innovation, but enablers of a resilient and inclusive digital economy.”


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Afreximbank to Fund African Energy Bank with $19bn 

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The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said that the Afreximbank would invest $19 billion to fund the African Energy Bank.

He said the $19 billion would go a long way toward tackling and overcoming energy poverty, driving economic growth, and improving the lives of millions of people.

The minister disclosed this while speaking at the opening ceremony of the Nigerian Pavilion, hosted by the Petroleum Technology Association of Nigeria (PETAN), at the ongoing Offshore Technology Conference (OTC) in Houston, Texas, U.S with the theme “Africa’s Energy Renaissance: Leveraging Innovation and Natural Gas for Sustainable Development.”

He said that by pooling resources, African countries can invest in large-scale energy projects.

Also, the minister stressed the need for Africa to develop cohesive policies tailored to its unique circumstances, warning that fragmented approaches would be ineffective in addressing the escalating energy deficit.

“This conference is not a jamboree. It is a platform for Nigeria, and by extension, Africa — to showcase its vast potential,” Lokpobiri said.

He underscored the importance of regional collaboration, highlighting the Africa Petroleum Producers Organisation (APPO) as a strategic entity established to devise shared solutions for the continent’s energy challenges.

According to him, the prevailing global discourse on energy transition is largely influenced by geopolitical considerations.

In response to this challenge, he announced that APPO is in the process of establishing the African Energy Bank to bridge funding gaps and ultimately free the continent from energy poverty.

During a meeting with his Ghanaian counterpart, Lokpobiri advised Ghana to draw lessons from Nigeria’s past experiences in the energy sector, particularly in avoiding early missteps.

In his address, Ghana’s Minister of Energy and Green Transition, Mr John Abdullahi, acknowledged Nigeria’s leading role in the region.

He stated that while Ghana is a relatively new player in the oil and gas sector, it is eager to learn from Nigeria’s experiences and reforms, especially in the areas of local content development and climate policy.

“We will continue to consult Nigeria as we build a successful oil and gas industry. The collaboration between both countries remains strong. For his part, PETAN Chairman Wole Ogunsanya emphasised the significance of Nigeria’s presence at OTC.

He said: “This year’s event, under the Nigerian Pavilion, is set to highlight Africa’s growing role in the global energy sector.

“OTC 2025 promises to bring together top-tier industry leaders, policymakers, and stakeholders at the world’s largest energy event.”


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NIPOST Suspends Cash Transactions Nationwide

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Nigerian Postal Service (NIPOST) has declared July 1, 2025, as the deadline for phasing out cash transactions across all its offices nationwide.

NIPOST Suspends Cash Transactions Nationwide

This was disclosed in a statement issued on Monday by Frank Alao,  director of Corporate Communications,NIPOST.

The move is part of a broader reform initiative aimed at transforming NIPOST into a more innovative, efficient, and digitally driven organisation.

The management explained that the reforms are aligned with global best practices and tailored to meet the demands of Nigeria’s rapidly evolving digital economy, as well as the Renewed Hope Agenda of President Bola Ahmed Tinubu.

Alao stated, “We are assuring Nigerians of a revitalised NIPOST that delivers superior service and embraces the future.

“A major highlight of the reform package is the transition to a fully cashless system. Beginning July 1, 2025, all post office counters nationwide will no longer accept cash payments for their services. Customers will be required to use approved electronic channels for all transactions.

“This is a crucial step in our modernization journey, one that ensures safer, faster, and more transparent service delivery.”


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