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Inlaks bags Financial Inclusion Platform of the year Award at BAFI 2020

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BAFI Awards - L-R; Jennifer Idowu, Senior Brands and Marketing Communications Executive, Inlaks; Augustine Aghedo, Head, Platform Solutions, Financial Business, Inlaks; Magnus Nnoka, President, Risk Management Association of Nigeria (RIMAN) and Dr Ogho Okiti, Managing Director, BusinessDay Media at the 8th edition of BusinessDay Banks' and other Financial Institutions Awards (BAFI) in Lagos.
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Inlaks, the leading African systems integrator and financial technology solutions provider, has been named the Financial Inclusion Platform of the Year implementation partner of the Integrated National Association of Microfinance Banks Unified IT Platform (NAMBUIT) at the eight edition of the prestigious Banks’ and Other Financial Institutions (BAFI) Awards 2020.

The BAFI Awards were created to celebrate organisations, teams and individuals that have achieved excellence in the delivery of financial services across the customer spectrum.  The Awards are adjudged as the most rigorous, prestigious and transparent awards program in the Nigerian financial services industry as judges’ decisions are usually a product of a diligent process.

BusinessDay (the organizers of the award) implemented an audit-based approach in the evaluation process, meticulously reviewing each shortlisted company’s financial and non-financial achievements, using customer perception surveys and analyst opinion, amongst other valuable information sources, to ensure an objective assessment of all nominees in a longitudinal study.

Inlaks came tops ahead of competitions to pick up the award on Saturday, November 28th, thus further entrenching its position as Africa’s leading systems integrator.

NAMBUIT is a unified information technology platform built by Inlaks to service Microfinance banks on behalf of CBN and the National Association of Microfinance Banks (NAMB). Its aim is to enhance financial access, inclusion and sustainability of the microfinance institutions on value chain financing and ensure the growth of small and medium scale enterprises.

The NAMBUIT platform also runs on Temenos T24 Inclusive Banking System (IBS) and implementation is managed by Inlaks in accordance with global best practices, with support from the Central Bank of Nigeria (CBN) and  the National Deposit Insurance Corporation (NDIC).

Speaking on the award, Mr. Femi Adeoti, Inlaks Managing Director/CEO, African Operations, said the award is a reminder for the company to continue to raise the standards.

He added that Inlaks is committed to deepening financial inclusion in Nigeria by expanding access to affordable financial services to many unbanked and under-banked in the country.

According to him, “Inlaks will ensure that it continues to provide access to world-class Core Banking Application (CBA) with high scalability and flexibility used by top institutions in the world”.He said the company will continue to seek innovative ways of creating and delivering suitable set of banking services that will ensure appropriate use of the National Payment System (NPS).

“At Inlaks, we are committed to investing in the right solutions and in the best talents, as we seek to provide value for all stakeholders whilst deepening financial inclusion and expanding access to affordable financial services,”

Over the years, Inlaks has built a reputation as the foremost ICT and Infrastructure Solutions Provider, assisting customers to effectively seize new market and service opportunities.With an impressive customer base that includes six Central Banks in West Africa, 18 of the 24 banks in Nigeria and other major customers in the West African region, Inlaks has become the dominant Information Technology Company in Africa.

Inlaks’ customers cut across various segments including Banking, Telecommunication, Oil/Gas, Power, Utilities and the Distribution sectors of the economy.


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 OAU Taps Aderounmu, Tech Advocate as DVC  Academics

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

 OAU Taps Aderounmu, Tech Advocate as DVC  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.

 

 

 

 

 

 

 

 


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IviTrybe Hearts Takes Kindness Drive to Little Saints Home

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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.


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INTERPOL Report Shows Cybercrime is West, East African Most Dominant Security Concern

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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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