Connect with us


BIG STORY

House Of Reps To Grill Finance Minister, Amaechi, Others Today Over Nigeria’s Foreign Debts

Published

on

The House of Representatives will on Monday (today) grill ministers and other top officials of the Federal Government over Nigeria’s external borrowings, especially from China.

The House Committee on Committee on Treaties, Protocols, and Agreements had summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed; Minister of Communications and Digital Economy, Isa Pantami; Minister of Power, Saleh Mamman; Minister of Transportation, Rotimi Amaechi; and Director-General of the Debt Management Office, Patience Oniha, among others.

Chairman of the committee, Mr Nicholas Ossai, told our correspondent on the telephone on Sunday that those summoned were expected to appear before the panel today.

Ossai said, “We are sitting tomorrow; we adjourned to August 17. We expect everybody to be there.”

The committee had earlier on July 28, 2020, grilled the Minister of Transportation, asking him to reappear before it on August 17.

The panel had on July 28, 2020, begun an investigation into the external loans taken by Nigeria, beginning with a $500m loan taken from China for rail projects.

The lawmakers had raised the alarm over loan agreements Nigeria signed with China, pointing out that the agreement might force Nigeria to concede its sovereignty to the Asian country if the loans were not paid back.

But Amaechi, who appeared before the committee, had said the probe would send a wrong signal to China, which could stop the loans, thereby thwarting the nation’s rail projects.

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