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We Didn’t Know Things Were This Bad During Campaign — APC Chairman, John Oyegun.

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The National Chairman of the ruling All Progressives Congress, Chief John Odigie-Oyegun, has said the party did not know while it was campaigning that the economy of Nigeria was in a very bad state.

The APC chief said the emergence of a president of Buhari’s stature and the APC-led government “at this critical time” was God’s doing.

Odigie-Oyegun said this at a reception held in his honour by the management and staff of the party’s national secretariat in Abuja to mark his 77th birthday on Friday.

He said, “It has been tough times for the nation. When we were campaigning – it is necessary to continue to hammer on this point – we were not in government; we knew things were very bad but we did not know they were as bad as we eventually found them. And the revelations that come out every day continue to buttress that fact.

“Secondly, and that is very important: nobody ever expected the prices of crude to collapse in the way they have done. One can only repeat what Mr. President (Muhammadu Buhari) said a few days ago and that is, from being a nation that could have an Excess Crude Account, today, because of the collapse of the prices of crude, a lot of the states in this country do not even have enough resources to meet their very basic functions and responsibilities to their citizens.”

Odigie-Oyegun further said with Buhari’s efforts and plans, this would be the last economic crisis the country would face.

He said the President was laying “a solid foundation” for the country such that all the mineral resources would be harnessed and the Nigeria of tomorrow would be one that produces.

“We are going through hard times, temporarily, but it is quite clear that the silver lining is there in the cloud because the President and your party are determined that this nation will no longer be again a mono-culture economy,” he added.

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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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.

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

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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…

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Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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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.

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