General News
Blockchain, Cybersecurity Stakeholders Gather for Cyberchain Abuja 2022

Stakeholders in Blockchain technology as well as cybersecurity are preparing for Cyberchain Abuja 2022 holding on October 22, 2022. The conference, fourth in the series of Cyberchain national tour that started in March with the Theme: “Embracing the Metaverse Economy” is aimed at creating awareness on cybersecurity and Blockchain technology.
The conference will feature Blockchain, Cybersecurity discussions, Movie Premiere, Recognition Awards and Book Lunch.
According to Jude Ozinegbe, the Founder of Cyberchain, a Digital Transformation and Blockchain Consultant, “Cyberchain was born out of the need to ensure Nigerians get proper sensitization about the numerous benefits of the digital economy, which includes but not limited to creating more jobs for Nigerians, ease of doing busines, transparent Governance, safe online presence and even placing Nigeria on the global map by creating world class projects that contribute to the nation’s GDP”
Cyberchain embarked on a national tour this year with the theme: “Embracing The Metaverse Economy”, starting with the City of Akure in Ondo State in March, then onto Uyo in Akwa Ibom State in May, Benin City in Edo State in July, the next will be Abuja, the FCT on the 22nd of October at NAF Conference Centre Opp LG Showroom Kado Abuja Nigeria.
“As technology continues to foster the growth of businesses across the globe, it has become imperative for Nigeria to be positioned as a contributor to the fast-growing digital economy.
There are however multiple factors that can affect the growth and expansion of the digital economy, a few are infrastructure, innovations, policies, access to funding and proper education, amongst others.
The lowest hanging fruit but with the most impactful and long lasting effect on the nation’s economy is education.
One organisation that has been in the forefront of the need for digital skills and by extension, improving the lives of Nigerians across the nation is Cyberchain.
Cyberchain is a decentralised, brand-neutral and people-focused ecosystem that promotes the need for ethical use of cybersecurity and blockchain technology.
Cyberchain converges some of the best minds in the tech space annually and connects them with enthusiasts that are eager for the knowledge shared by these experts, blockchain developers, founders and investors have also found Cyberchain events, perfect fits for them to engage and foster viable business relationships,” he said.
Speakers for the Abuja conference include Mr. Mohammed Jega, Founder at Domineum Blockchain, Mr. Adedeji Owonibi, Founder at Convexity and A&D Forensics, Mr. William Phelps, Investment Manager at Adaverse and many others.
The grand finale of the national tour will hold in Lagos on 12th November 2022, with more breathtaking industry leaders, like Chris Ani of DabaTV, Tony Emeka of CryptoTV Plus, Chuta Chimezie of BNUG, Kristian Kruz of Element USA.
Nollywood ace actress and business tycoon, Mimi Orjiekweng will also be making an appearance at the Lagos event and present prizes at the flagship Cybersecurity Hackathon dubbed: “Cyberthon” where winners will walk away with over N1,000,000 and other gifts for their performance at the ethical hacking competition, supervised by Digital Encode Limited.
They also planned to wrap up this year’s event with the first and biggest Blockchain boat cruise on 13th November 2022 where celebrities, founders, investors and top leaders in the blockchain space will have ample time to network, dine and wine, while enjoying the lush and ambient view of the Ikoyi/Lekki waters.
Jude Ozinegbe does not hesitate to always acknowledge brands that have always supported Cyberchain, like:
Zinochrome, NCC, NITDA, Digital Encode, Binance, TradeFada, Bitmama, FBM Homes, Convexity, RedswanCRE, LBank, FTX, Adbond, WhiteBit, Gamic Guild, Adaverse, Emurgo, AAX, Farmchain, SiBAN, Boundless Nexus, Rocket, CryptoTV Plus, LenzOne, ChannelsTV and others too numerous to mention. More details are available on their website (https://www.cyberchain.com.ng)
General News
FBI Sends Team to Nigeria to Track Down ‘Sextortion’ Scammers

Sextortion scams have become so widespread that the Federal Bureau of Investigation (FBI) is sending agents to Nigeria to help track down the perpetrators.
The agency’s “Operation Artemis” has led to the arrest of 22 Nigerians, half of whom are “directly linked” to sextortion incidents in which victims died by suicide.
Sextortion scams often begin on social media, where perpetrators pose as attractive young women to lure victims—typically unsuspecting teenage boys—into sending nude photos or explicit videos.
Once the images are obtained, the scammers turn to blackmail, threatening to leak the content unless the victim pays up.
In some cases, the sextortion results in teenage victims taking their own lives over fear of the nudes leaking.
In Thursday’s announcement, the FBI noted it’s been “observing a significant increase over the last three years in financially motivated sextortion schemes targeting young males ages 14-17, resulting in more than 20 minor victims dying by suicide.”
The agency is also facing a 30% year-over-year increase in sextortion-related tips.
“According to the FBI’s Internet Crime Complaint Center or IC3, there were over 54,000 [extortion-related] victims in 2024, up from 34,000 in 2023,” it said.
“Over the last two years there have been nearly $65 million dollars in financial losses due to this crime.”
In response, the FBI says 55 agency field offices came together to identify “nearly 3,000 victims of financially motivated sextortion,” which led investigators to track down the culprits in Nigeria.
The US has since extradited at least three suspects from Nigeria.
“These subjects will now be held accountable in the American justice system, with more subjects still awaiting extraditions in Nigeria,” the FBI added.
General News
FBNQuest Trustees Hosts Estate Planning Summit in Port Harcourt

FBNQuest Trustees Limited, a subsidiary of First HoldCo Plc, provider of trust solutions to individuals, corporate and government institutions, recently hosted its inaugural Estate Planning Summit in Port Harcourt.
The maiden event, themed: Wealth Preservation and Transfer without Hassle, was organised to strategically enlighten and empower the participants with the necessary knowledge required to seamlessly manage and successfully transfer their assets and legacies to their beneficiaries.
Speaking at the event, the Acting Managing Director, FBNQuest Trustees, Babajide Fetuga, stressed the critical importance of seeking professional guidance on estate planning, preservation and transfer of wealth to successive generations and other beneficiaries. He stated that a professionally drafted estate plan gives no room for any form of ambiguity; hence, it provides clear directives on what to do at any time.
‘’The potential consequences of not having an estate plan include perennial family disputes and protracted court cases, which may result in a huge financial burden and foster long-lasting resentments among loved ones if proactive steps are not undertaken to protect individuals, families and loved ones from avoidable stress.
‘’Understanding the values of wealth preservation is crucial. It is vital to recognize the importance of having a strategic estate planning blueprint, and we are determined to educate you with knowledge that not only informs but inspires you to take the necessary actions as you move forward,” he added.
FBNQuest Trustees is dedicated to promoting effective estate planning solutions. The company has a track record of successfully hosting estate planning summits in Abuja, Lagos, Minna and Ibadan and continues to emphasize the importance of thoughtful planning through initiatives like the Legacy Series Campaign and the Legacy Room podcast.
The summit featured industry experts who delivered valuable insights on the significance of wealth preservation and transfer, addressing the residents of Port Harcourt and its environs. The discussions focused on practical approaches and proactive measures attendees can adopt to manage their estates effectively and minimize potential future challenges.
General News
Meta Tightens Spam Controls to Elevate Original Content on Facebook

Meta has announced new measures to tackle spammy content on Facebook, aiming to enhance the Feed experience and support authentic creators. These updates are part of Meta’s broader commitment to fostering a platform where meaningful interactions thrive.
The initiative includes reducing the visibility of spammy content. Accounts that share duplicate posts, irrelevant captions, or excessive hashtags will lose reach and monetization eligibility. Spam networks that create multiple accounts to share identical content will also face decreased visibility.
Meta is increasing efforts to detect and remove fake accounts and pages involved in coordinated engagement or impersonation.
In 2024, the platform removed millions of such accounts. Features in Moderation Assist have been enhanced to auto-hide comments from suspected fake identities, and creators can now report impersonators directly in comments.
To further support original content, Meta continues to improve its Rights Manager tool, helping creators protect their work. Updated guidance aims to encourage creators to share authentic and engaging content to ensure their success on the platform.
Oluwasola Obagbemi, Head of Communications for Sub-Saharan Africa at Meta, emphasized the importance of creating an environment where creators who invest in meaningful content are recognized and rewarded.
Meta remains committed to fostering a positive and authentic environment for creators and users alike. Let me know if you’d like more adjustments!
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