Connect with us


BIG STORY

FG Approves N1.17tn For Railway Maintenance, NECO Printing Contracts

Published

on

A sum of N1,173,630,820,594.89 has been approved by the Federal Government for the procurement of maintenance materials for the Ibadan-Kano standard gauge and the Port Harcourt-Maiduguri narrow gauge rail lines.

The amount also includes printing contracts by the National Examination Council for the 2022 senior school certificate examination.

The Minister of Transportation, Rotimi Amaechi, and his counterpart in the Ministry of Education, Adamu Adamu, revealed this to State House correspondents on Wednesday, shortly after the weekly Federal Executive Council meeting presided over by Vice President Yemi Osinbajo at the Council Chambers of the Presidential Villa, Abuja.

Amaechi said, “I have an approval of the cabinet to procure rolling stocks for the operation and maintenance and rolling stocks operational maintenance equipment for the new railway projects corridors in Ibadan to Kano standard gauge and Port Harcourt to Maiduguri narrow gauge rail lines to the tune of N1,168,664,834,021 including 7.5 percent tax.

READ ALSO: Fuel Scarcity Paralyses States As Stations Run Out Of Petrol

“These rolling stocks are essentially the consumables we use to maintain the trains, coaches and locomotives. So the reason for train breakdowns discussed in the cabinet is that we may have run out of rolling stocks. So with this, we will replace all the rolling stock.”

The Minister of Education, Adamu, said the Council approved N4.97bn for printing contracts ahead of the 2022 senior school certificate examinations organised by NECO.

“Today, the memo we presented from the Ministry of Education is a printing contract by NECO for the Senior School Certificate Examination. The beneficiaries are nine contractors and the amount is N4,965,986,573.89. It will be completed in eight weeks. And it is for the printing of sensitive, non-sensitive equipment and other ancillary equipment for the examination,” he said.

On his part, the Minister of Communication and Digital Economy, Dr Isa Pantami, said the Council approved the National Policy on Government Second Level Domain, mandating all government ministries, departments and agencies to migrate from generic website and email domain to the second-level domain under the government top-level domain.

However, when asked about ASUU’s recent nullification of his professorship from the Federal University of Technology Owerri, the minister simply replied, “no comments.”

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

Published

on

NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

Continue Reading

BIG STORY

JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

Published

on

The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

Continue Reading

BIG STORY

Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

Published

on

The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

Continue Reading



 

Join Us On Facebook

Most Popular