Telecom
Maida Underscores Benefits of using Robust ICT in the Fight Against Financial Crimes
Dr. Aminu Maida, Executive Vice Chairman and CEO of the Nigerian Communications Commission (NCC), has highlighted the pivotal role of Information and Communication Technology (ICT) in combatting financial crimes.
He noted that financial crimes, ranging from money laundering to cyber fraud, pose significant threats not only to economic stability but also to the security and trustworthiness of entities and individuals.
Dr. Maida noted this during his presentation at the 11th Anniversary Lecture Series of
hasized the profound impact of these crimes on both a national and global scale, necessitating innovative approaches for effective prevention and intervention.
Dr. Maida underscored the critical role of robust ICT systems in preventing, investigating, and mitigating the risks associated with financial crimes. With the rise of digital technologies, the scope of these crimes has broadened, requiring sophisticated solutions. “ICT facilitates real-time monitoring, tracing, and analysis of digital transactions, supported by advanced data analytics, artificial intelligence, and machine learning.
Applications of ICT in Curbing Financial Crimes”.
His presentation highlighted specific ICT applications, including the use of blockchain, instant payments, artificial intelligence, machine learning, data analytics, and automated procedures.
He said the significance of partnerships with financial institutions, utilizing advanced data analytics to identify suspicious patterns and proactively prevent criminal activities.
While acknowledging the transformative power of ICT, Dr. Maida also addressed potential concerns associated with its use in combating financial crimes. These concerns ranged from threats to cybersecurity and algorithmic biases to human capacity issues and regulatory compliance challenges. The importance of continuous adaptation, collaboration, and international cooperation to address these concerns was underscored.
He further discussed the imperative of addressing inclusion and the digital divide, ensuring equal access to ICT services.
He highlighted NCC’s commitment to closing the digital gap through projects aimed at providing affordable and accessible ICT services to underprivileged communities.
“Collaboration among regulatory authorities, continuous improvement and adaptation, and international cooperation are key strategies for effectively tackling financial crimes”, he said.
Dr. Aminu Maida emphasized that while ICT plays a crucial role in combating financial crimes, it is essential to strike a balance between crime prevention and data privacy.
Ongoing investment in ICT solutions, a multi-stakeholder approach involving technology specialists, legal professionals, and legislators, and public education on internet safety were highlighted as crucial components in the fight against emerging criminal methods.
He called for continued collaboration and international cooperation to effectively address the evolving landscape of financial crimes.
A Nigerian, Mrs. Eyitayo Iyortim, has been appointed as the new chairperson/president, Africa Top Level Domains [AfTLD].
Eyitayo Iyortim, AfTLD
According to a report by Techeconomy, AfTLD confirmed the appointment, by the Organisation Executive Committee, of Mrs Iyortim from Nigeria (.NG) as the Chairperson of the Executive Committee and President of the Organization.
She will be deputized by Prof Idrissa Sarr, vice president and the manager of the.SN ccTLD.
Mr Joel Karubiu from Kenya (.KE) continues as the Treasurer.
The newly elected Executive Committee members are Mr. Molehe Wesi, Chief Executive Officer .ZA Domain Name Authority (.ZA) and Deo Gratias Tonouhewa Manager JenySAS operator (.BJ).
Other members of the Executive Committee include Ms. Grace Ingabire, Chief Executive Officer of Rwanda Information and Communications Technology Alliance (.RW), and Mr. Molupe Molupe, Manager of Lesotho Network Information Centre (.LS)
Who is Eyitayo Iyortim?
Eyitayo Iyortim is the immediate past chief operating officer of the qA).
She has a Masters in Organisational Psychology from the University of Manchester, UK.
Eyitayo has over 20 years’ experience in Project Management, Training solutions, Talent Management Solutions, Organisational Transformation, Culture re-enginerring, IT Sales and Services.
She has worked for local and global brands which includes SAP, focus on the Family, Nigeria Internet Registration Association to mention a few.
She also consults on ERP, Digitalisation and HR projects.
Eyitayo has worked in project teams for many top-tier organisations in Nigeria including NNPC, FIRS, Dangote, UAC, NLNG.
She is a member of the British Psychological Society with CPDs in Employee Management, Relationships at Work and Assessment Centre Management.
She is also certified in Ability and Personality testing, Project Management and Life Coaching.
AFTLD
AfTLD is recognized as the representative of country code Top Level Domain (ccTLD) managers from Africa.
It is an active participant in the ICANN ccNSO, and also actively participates in various Internet governance fora with the African continent and beyond, including the IGF, where it has run a number of workshops.
With collaboration in Internet governance and development a cornerstone of the bottom-up policy development processes that make the Internet truly a multi-stakeholder phenomenon, AfTLD works in collaboration and partnership with other Regional Top-Level Domain Organizations (RTLDOs), these being APTLD, CENTR and LACTLD.
In a concerted effort to address widespread complaints about data depletion, Nigeria’s Mobile Network Operators (MNOs) have collaboratively launched a consumer sensitization campaign aimed at providing practical guidance for more effective data management. This initiative is designed to enhance consumer satisfaction by helping subscribers optimize their data usage.
In a unified statement, the MNOs highlighted several smart data usage behaviors that can help prevent data depletion. These include disabling automatic app updates, enabling data saver mode, and closing unused apps to prevent background data consumption.
To prevent unauthorized access and strengthen data security, the MNOs advised consumers to use stronger passwords and regularly update their hotspot and Wi-Fi passwords to prevent unauthorized access. For a seamless video streaming experience, users should ensure they have sufficient data and turn off auto-downloads to effectively manage content consumption.
With the advent of advanced network technologies like 4G, LTE, and the latest 5G, which offer ultra-fast data speeds and enhanced browsing and streaming experiences, the speed of data consumption and pattern have increased significantly. Consumers are encouraged to understand these changes and manage their data usage accordingly.
“It is important for consumers to familiarize themselves with the specific terms and conditions of their data plans,” the MNOs emphasized.
“Different plans cater to various needs, including weekend-specific plans, social media-only plans, and regular plans configured for night use only.”
For additional tips on smarter data usage and management, consumers should visit the NCC website at https://consumer.ncc.gov.ng or the official MTN website – https://www.mtn.ng/manage-data/
Ijesha Digital Innovation Hub has announced the graduation ceremony of its first cohort of trainees.
Ijesha Digital Hub
The landmark event will take place on Monday, July 8th, 2024, starting promptly at 2:00 PM at the Royal Park Hotel on the beautiful campus of Olashore International School, Iloko-Ijesa.
In a press statement on Friday, Dr Adewale Alonge, Vice President, IGAD, said that after six months of intensive and globally benchmarked courses of study, “the hub is proud to graduate 48 trainees who have completed rigorous programs leading to certification in Artificial Intelligence & Machine Learning, Cybersecurity, and UI/UX Design. The graduating class includes 10 trainees in UI/UX Design, 23 in Cybersecurity, and 15 in Artificial Intelligence & Machine Learning”.
The ceremony will feature a keynote address by Sir Aladekomo, Chairman of SmartCity Resorts Plc and Founder of Chams Plc, a pioneer in the Nigerian tech industry.
“The event will be chaired by Asiwaju Yinka Fasuyi, the esteemed Asiwaju of Ijeshaland, who will also deliver remarks celebrating the achievements of the graduates and the impact of the Innovation Hub.
“The media is invited to cover this significant event, which marks a new chapter for the 48 graduates as they embark on their professional journeys equipped with cutting-edge skills and knowledge. This graduation is a testament to the hub’s commitment to providing skills development training today so that participants can build tomorrow”, Dr. Alonge said.
The Ijesha Digital Innovation Hub, an initiative of the Ijesha Global Alliance for Development (IGAD), is dedicated to advancing the social, economic, and industrial development of Ijesaland in Nigeria. IGAD, a Florida, US-registered tax-exempt non-profit organization, mobilizes the resources and talents of Ijesas across the globe to foster the development of their homeland.
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