News
FirstBank Backs WACOT’s Rice Mill Expansion Project

First Bank of Nigeria affirmed its support for the expansion plans of WACOT Limited, a subsidiary of TGI Group, as the company prepares to double the capacity of its 120,000-ton rice mill in Argungu, Kebbi State.
The Bank affirmed this on Thursday as Board members, led by Adesola Adeduntan, the Managing Director, paid a working visit to the rice mill last Friday. This expansion comes barely 4 years after the Vice President, Prof. Yemi Osinbajo commissioned WACOT’s first mill in 2017.
Speaking at the end of the site inspection by the FirstBank team, Adeduntan expressed delight with WACOT’s impressive strides and affirmed the Bank’s support for the initiative. He specifically commended WACOT’s premium household brands such as Big Bull and Patriot which he referred to as ‘world class’.
Adeduntan noted that, apart from ensuring Nigeria’s food security, the new WACOT mill would continue developing Nigeria’s rice value-chain, thereby improving the lives of many small-holder farmers. He said “this aligns with FirstBank’s goal of developing the economy through sustainable employment generation”.
He added: “above supporting WACOT Rice, we’ve seen the socio-economic impact of llocating this factory in this state, therefore, we are committing that we will remain a very close financial partner of WACOT Rice Limited”.
Also commenting, Farouk Gumel, Chairman of WACOT Rice Limited, said that the expansion of the existing mill would positively impact Nigeria’s food security ambitions.
“We are delighted to be hosting the Board of FirstBank here in Argungu today. Our partnership has come a long way. The proposed expansion of our mill clearly shows the future is bright”, Gumel said.
Rahul Savara, Group Managing Director of TGI Group, parent company of WACOT Rice, assured that it would not relent in its efforts develop Nigeria’s agricultural sector and the economy.
Savara stated: “Our goal is to have successful farmers and happy consumers, through an efficient value chain. This investment is another important step in our journey to achieving this, and we are grateful to FirstBank for walking with us on the journey”.
Tropical General Investments (TGI) Group is a global conglomerate with a majority of its investments based in emerging markets. TGI’s investments focus on driving inclusivity and value addition using locally sourced raw materials, state-of-the-art manufacturing facilities and a highly skilled workforce to produce world class products that are consumed both locally and exported to global markets.
News
OAU Taps Aderounmu, Tech Advocate as DVC Academics

Obafemi Awolowo University (OAU), Ile-Ife, has appointed Professor Adesola Aderounmu, renowned computer scientist and technology advocate, as its new Deputy Vice-Chancellor (Academics).

Professor Adesola Aderounmu
The decision, made by the university’s Senate, marks a strategic step towards aligning OAU’s academic vision with technological innovation and global best practices.
A distinguished scholar and leader in Computer Science and Engineering, Professor Aderounmu brings decades of experience to this pivotal role.
He has served as the Centre Lead for the African Centre of Excellence in Software Engineering and the Obafemi Awolowo University Knowledge Park (OAK-Park), where he has driven initiatives that advance technological innovation and academic excellence.
His leadership journey includes serving as Dean of the Faculty of Technology and Head of the Department of Computer Science, as well as President of the Nigeria Computer Society from 2015 to 2019. Under his stewardship, the Africa Centre of Excellence in ICT (OAK-Park) was established and has flourished, positioning OAU as a hub for digital transformation in Nigeria and across Africa.
“This is an opportunity to shape the future of education at OAU,” Professor Aderounmu stated. “I am committed to fostering an environment where ideas thrive.”
Professor Aderounmu’s appointment as DVC Academics carries significant implications for the information technology profession and industry in Nigeria and Africa.
His leadership is expected to further bridge the gap between academia and industry, aligning curriculum with emerging technological trends, and fostering research that directly addresses the needs of Nigeria’s evolving digital economy.
His commitment to developing high-level ICT talent will contribute to strengthening the nation’s capacity in critical areas such as artificial intelligence, cybersecurity, software engineering, and digital entrepreneurship.
As Nigeria and Africa continue to embrace digital transformation, this appointment signals a continued push for collaboration between universities and the technology industry, ensuring that graduates are equipped with globally relevant skills while advancing innovative research that supports the tech ecosystem.
This appointment recognises Professor Aderounmu’s unwavering commitment to research, excellence in education, and visionary leadership, and marks a significant milestone in the university’s ongoing mission to deliver impactful education and innovation for national and continental development.
News
IviTrybe Hearts Takes Kindness Drive to Little Saints Home

In a heartwarming demonstration of corporate social responsibility and community impact, IviTrybe Hearts, a key initiative driven by members of IviTrybe – a vibrant group of budding marketing communications specialists – visited the Little Saints Orphanage, Akowonjo branch.
The visit, part of IviTrybe’s ongoing commitment to societal betterment, was significantly supported by Pladis Foods Nigeria, which generously donated gift items and products.
IviTrybe is a social responsibility initiative of IVI PR, a dynamic public relations agency dedicated to not only elevating brands but also fostering positive societal impact. This initiative provides focused practical training covering brand strategy and public relations, directly addressing the critical issue of insufficiently skilled manpower within Nigeria’s Public Relations industry. Through the #IviTrybeHearts program, the group channels its growing expertise into meaningful community engagement.
During the visit, the IviTrybe Hearts team dedicated the day to creating a memorable and impactful experience for the children. Activities included extensive bonding and interaction sessions, where members engaged in games and companionship, fostering an atmosphere of joy and connection. Essential items were donated to support the orphanage’s daily needs, and motivational talks were delivered, inspiring the children with words of encouragement and hope for their futures.
Busari Toheeb Dolapo, IviTrybe Coordinator and spokesperson for the project, underscored the essence of the visit, stating, “For whom much is given, much is expected. We have been empowered through knowledge and mentorship at IVI PR, and it’s only right that we channel that privilege into making a difference. The smiles on the children’s faces today reminded us why giving back is non-negotiable.”
The management of Little Saints Orphanage expressed profound gratitude for the support and the tangible impact of the donations, emphasising how such gestures significantly improve the lives and spirits of the children under their care.
Through impactful initiatives like IviTrybe Hearts, IviTrybe continues to exemplify how youth-led action, empowered by practical training and a strong sense of responsibility, can effectively shape communities and enrich lives for the better.
News
INTERPOL Report Shows Cybercrime is West, East African Most Dominant Security Concern

Cybercrime has emerged as a dominant security concern across Africa, with more than 30 percent of all reported crimes in Western and Eastern regions linked to cyber activity, according to the newly released 2025 Africa Cyberthreat Assessment Report by INTERPOL.
The report, based on data from African member states and private sector partners, reveals that two-thirds of surveyed countries describe cybercrime as constituting a medium to high share of total criminal cases.
This highlights how cyber-enabled criminal activity is evolving rapidly across the continent. The report identified alarming spikes in scam attempts, with some countries witnessing a 3,000 percent increase in suspected scam notifications in the past year.
Neal Jetton, INTERPOL’s Cyber Crime Director, warned that the threat landscape is evolving faster than enforcement responses.
“This fourth edition of the INTERPOL African Cyber Threat Assessment provides a vital snapshot of the current situation, informed by operational intelligence, extensive law enforcement engagement, and strategic private-sector collaboration.
“It paints a clear picture of a threat landscape in flux, with emerging dangers like AI-driven fraud that demand urgent attention. No single agency or country can face these challenges alone,” Jetton stated.
In the past year, suspected scam notifications rose by up to 3,000 per cent in some African countries, according to data from Kaspersky, one of several private sector partners that work with INTERPOL’s cybercrime directorate
Online scams, particularly through phishing, are the most frequently reported cybercrimes across the continent. Ransomware attacks and Business Email Compromise (BEC) incidents are also increasing, particularly in Nigeria, Kenya, South Africa, and Egypt.
“Ransomware detections in Africa also rose in 2024, with South Africa and Egypt suffering the highest number, at 17,849 and 12,281 detections respectively, according to data from Trend Micro, followed by other highly digitised economies such as Nigeria (3,459) and Kenya (3,030),” it stated.
Incidents included attacks on critical infrastructure, such as a breach at Kenya’s Urban Roads Authority (KURA), and on government databases, such as hacks of Nigeria’s National Bureau of Statistics (NBS), the report stated.
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