NEWS
FirstBank Hosts Cybersecurity Webinar to Enhance Payment Technology Safety

FirstBank has educated businesses and customers on the latest advancements in payment technologies to protect them from loosing their funds to hackers.
Mr Harrison Nnaji, Chief Information Security Officer of the FirstBank, at a cybersecurity webinar, on Thursday, said that it was imperative to keep the bank’s customers knowledgeably equipped with essential strategies to safeguard themselves from cyber threats.
The webinar which has the theme: “Unlocking Secure Convenience: Exploring the Future of Payments Technologies”.
Nnaji said that customers would be protected from cyber threats if they practiced five to 10 per cent of measures from the quarterly webinar.
Speaking on the topic, “Banking on Safety: Innovative Security Features on FirstBank Digital Products”, he appealed to participants to become ambassadors who would utilise the information and pass the knowledge to their communities.
He highlighted the vulnerabilities of customer data to both internal and external threats and advocated for robust firewalls and enhanced privacy measures.
He said that breakdown of global cybercrime damage costs predicted by Cybersecurity Ventures for 2024 indicated that 302,000 dollars would be lost to hackers per second, 18 million dollars per minute, 26 billion dollars daily and 9.5 trillion dollars a year.
He outlined best practices for secure digital banking and detailed FirstBank’s commitment to cyber threat prevention through multi-factor authentication, end-to-end encryption, and real-time fraud detection.
“Our dedication to maintaining the highest standards of security and privacy extends to every interaction and transaction.
“It underscores FirstBank’s pledge to be the bank customers can always rely on for the utmost protection of their financial safety and personal privacy,” he added.
Nnaji also stressed the shared responsibility between the bank and its customers in preventing financial losses. “Our goal is to ensure your hard-earned money remains secure,” he said.
Mr Mayowa Adewumi, Cyber and Intelligence Regional Manager, Mastercard, discussed the evolution of the payment ecosystem and the associated risk factors due to technological advancements.
He noted that it was imperative to prioritise over convenience, to prevent unauthorised access to funds.
“As a customer, you play a crucial role in maintaining security by adopting best practices and staying informed and vigilant as payment technologies evolve,” Adewumi advised.
Mr Peter Ehizogie, Regional Manager Product Sales, Cyber and Intelligence Solutions (West Africa) at Mastercard, explained backend security measures that require active customer participation.
He highlighted the importance of choosing the best authentication options tailored to individual needs, such as password authentication with Multi-Factor Authentication instead of biometric options.
Mr Emmanuel Okoroji, Head of Threat Intelligence & Risk Management, FirstBank, moderated the webinar, which provided valuable insights into the future of payment technologies, focusing on achieving secure and convenient transactions for businesses and consumers. (NAN)
General News
Navy Arrests 2 Suspects Trafficking Pangolin Scales Worth N25m in A’Ibom

The Nigerian Navy Forward Operating Base (FOB), Ibaka, Akwa Ibom, has arrested two suspects trafficking 500 kilos of pangolin scales worth N25 million from Cameroon to Nigeria.
The Commanding Officer, Capt. Aliyu Abdullah, stated this while handing over the suspects and the items to the Nigeria Customs Service (NCS), in Ibaka on Saturday.
Abdullahi said that the suspects were arrested on routine patrol around Tom Shot Island on Thursday.
“The arrest was made during routine-stop-and-search of boats transiting from Cameroon to Nigeria,” he said.
He stated that Pangolins are a critically endangered species protected under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
Abdullahi noted that smuggling of products derived from endangered animals, such as pangolin scales, across International maritime borders constituted a serious violation of both International and domestic legal frameworks.
“They play a vital role in their ecosystem, however, their population has been decimated due to high demand for scales and meat particularly in black markets across Asia and Africa,” Abdullahi said.
The commanding officer said the shipment of scales was believed to be destined to a port in Lagos for smuggling out of Nigeria to markets in Asia.
“It breaches the convention on CITES, which prohibits the commercial trade of endangered species and their derivatives.
“Both Nigeria and Cameroon are signatories to this convention.”
Abdullahi said that the Navy, under the leadership of the Chief of the Naval Staff, Vice Adm. Emmanuel Ogalla would continue to tackle all forms of illegal activities within the waterways, thereby improving the National image of Nigeria Internationally.
Receiving the suspects, items and boat, Deputy Superintendent of Customs, Dada Fagbola, said that the suspects would be investigated for necessary prosecution
Education
ASUU Supports 12 Indigents Students With Scholarships in Bauchi Zone

The Academic Staff Union of Universities (ASUU) has awarded scholarships to 12 academically outstanding but financially disadvantaged indigents students across its Bauchi Zone.
The Bauchi Zone includes: Abubakar Tafawa Balewa University (ATBU), Sa’adu Zungur University (SAZU) Bauchi.
Others are Gombe State University, Federal University Kashere, University of Jos and Plateau State University Bokkos.
During the presentation held at the ASUU Secretariat, SAZU Bauchi on Saturday, the 12 beneficiaries received cheques worth ₦200,000 each from the national body of the Union.
Prof. Christopher Piwuna, Convener of the ASUU Grant, Research and Publications Committee was represented by Prof.
Lawan Abubakar, the immediate past Zonal Coordinator.Piwuna explained that the scholarships aimed to support brilliant students who were hindered by financial hardship.
“This initiative was born out of the need to counter the government’s rising imposition of school charges, which continues to burden students and their families,” he said.
Piwuna added that ASUU believed that such financial aid should be a grant, not a loan, noting: “We don’t expect any repayment from the beneficiaries or their parents.”
Prof. Namo Aku, the Zonal Coordinator, said that while the national body supported 12 students, the six universities in the zone collectively sponsored additional 18 indigenous students.
“ATBU and Gombe State University sponsored five students each, Plateau University and University of Jos sponsored two each, while SAZU and Federal University Kashere sponsored two students apiece,” he said.
Aku emphasized that ASUU’s mission includes supporting the less privileged through collective contributions from lecturers who are passionate about students’ success.
Speaking on behalf of the beneficiaries, Bappa Salisu, a Pharmacy student at SAZU, expressed gratitude to the Union.
“We are deeply thankful for this opportunity. It motivates us to work harder and live up to the expectations of those who believe in us,” he said
General News
Samuel Re-Elected COSFAN President

The Commonwealth Scholars and Fellows Alumni Association Nigeria (COSFAN) has elected new leaders, with Dr Ekundayo Samuel re-elected as President for a second term.
Dr Samuel, a lecturer in Veterinary Physiology and Biochemistry at the University of Ibadan, was returned unopposed due to his strong performance during his first tenure.
During Saturday’s virtual Quarterly General Meeting, Samuel and the newly elected National Executive Committee members were sworn in by legal practitioner, Titilope Adeyemi.
The new executives will serve for two years, with the option of renewal for eligible members for another two-year term.
Samuel, known for his academic and community work, is expected to steer COSFAN toward achieving its stated goals.
In his inaugural address, he pledged collaboration with the British Council Nigeria and the government to advance mentorship and development programmes.
Samuel, also Executive Director of Dove-Haven Foundation (DHF), promised to empower COSFAN members to impact their fields and communities meaningfully.
He urged all levels of government, institutions, and organisations to engage COSFAN’s experts and professionals for enhanced service delivery nationwide.
Samuel praised COSFAN Patrons – Prof. Ibrahim Gambari and the Ooni of Ife, Oba Enitan Adeyeye – for their enduring support and encouragement.
Other elected officers include Vice President: Dr Badia Maje-Sayyadi, and Secretary-General; Mr Josiah Owoeye of Tolaram Group, Lagos.
Dr Oluwatosin Igbayiloye, University of Ilorin, was elected Treasurer, while Mr Adewale Adeniyi, Pivot-GIS, Lagos, was named Publicity Secretary.
Regional Coordinators elected include Prof. Rayyan Garba (North-West), Mrs Victoria Shoyombo (North-Central), and Dr Fatimas Baba-Ari (North-East).
Also elected were Prof. Olayinka Nwachukwu (South-East), Prof. Emmanuel Akpabio (South-South), and Dr Adetoun Mustapha (South-West).
Dr Abiola Adimula was elected as the Ex-Officio member of the Executive Committee.
COSFAN is a non-profit association of Nigerians sponsored by the Commonwealth Scholarship Commission for postgraduate studies or fellowships.
The association has over 3,000 members who have benefited from various Commonwealth-funded academic and professional programmes.
COSFAN’s mission is to apply members’ knowledge to societal development, especially in education and the United Nations Sustainable Development Goals (SDGs)