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United Bank for Africa, UBA seeks improved vigilance against cybertheft

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The United Bank for Africa has called for sustained vigilance and a strong fraud-prevention culture as it rounded off the 2025 Fraud Awareness Week.....TAP TO CONTINUE READING

This call was made at the grand finale of the week-long activities on Friday, held at the UBA House in Lagos and themed “Combating Fraud-Risk & Cybertheft in Digital Banking.”

According to the Association of Certified Fraud Examiners, global champion of the week, the Occupational Fraud 2024: A Report to the Nations, organisations lose an estimated five per cent of their revenue annually due to fraud. Fraud takes many shapes and forms, among them corporate fraud, consumer fraud, tax fraud, identity theft, and many others.

The Group Managing Director/Chief Executive Officer of UBA, Oliver Alawuba, who was represented by the Executive Director, Finance & Risk Management, Ugochukwu Nwaghodoh, in his opening remarks, said that fraud prevention was not a one-off event but a culture.

“It strengthens trust and protects customers. This year’s activities have all deepened and deterred fraud at every customer touch point. As we close this week, let us uphold UBA’s integrity across the countries of operations. Let us continue to lead the industry. Stay alert, stay safe, and let us stop fraud together.”

The acting Chief Internal Auditor of UBA, Kayode Ajayi, said, “The fight against fraud in UBA is progressive, and it is a good fight. I want to encourage all of us to join the fight. One of the challenges we have in Nigeria is ownership. We have decided to own the fight. We have the will and the resources to own the fight, but we cannot do it alone.

“Fraud doesn’t respect your degree or education. Fraud is a trend, AI is here, but social psychology is the same. Don’t allow yourself to be defrauded.”

The keynote speaker, Prof Godwin Oyedokun, stressed that fraud is never accidental, describing it as planned. To individuals, he said, “When fraudsters want to get to you, you need to be careful of the people around you. You must be more ready than the fraudster. Perception of detection is the greatest deterrent to fraud. Fraud prevention is better than fraud detection.”

He also urged banks to “Make sure your processes are secure. Take customer protection as one of your strategies and prioritise fraud reporting.”

During a panel session, panellist Adebayo Adebeshin noted that “every innovation has been a trade-off between convenience and security,” adding that knowledge was no longer a unique leverage to curb fraud, as both sides of the divide are now on the same knowledge level.”

Another panellist, Fiyinfolu Okedare, emphasised customer empowerment, stating, “We need to continue customer awareness as they are the first layer of security for the bank. We need to move them away from the victim mentality to defenders. Teach them how to detect phishing emails. If they are able to do that, then they can stop fraud.

“Customer education is one of the least leveraged fraud detection platforms that is being used. It is only a well-educated customer who can stop social engineering. When it comes to fraud prevention, we must move away from theory to practice.”

Bright Anyanwu, another contributor, warned that increased information sharing has heightened fraud risks. He further said, “Where many banks are innovating today is in the area of products and compliance, don’t know about until it is almost finished.

“A good product is almost as good as the security of the product. Innovation is important, but we must also look at the security around it. Do some custom testing around it. It should be security by design.”

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BREAKING NEWS: Gunmen kidnap 18 travellers, 11 rescued

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The police have rescued 11 out of 18 passengers who were kidnapped by gunmen on the Benin–Akure highway near Obarenren village in Ovia North East LGA of Edo State on December 12.....TAP TO CONTINUE READING

The assailants allegedly forced the vehicle to a halt at gunpoint, fired shots and whisked the victims into the bush.

Confirming the development, the Edo State Police Command’s spokesperson, ASP Eno Ikoedem, told Daily Trust that the command received a distress call shortly after the attack and immediately mobilised security operatives.

She said the police, in collaboration with the army, vigilantes and hunters, launched a bush-combing operation to track down the kidnappers and rescue the victims.

“On Sunday, 11 of the kidnapped passengers were successfully rescued, while seven others are still in the custody of their abductors,” she said.
ASP Ikoedem assured that the police were doing everything possible within their capacity to secure the release of the remaining victims.

She called on members of the public to remain calm and cooperate with security agencies, expressing confidence that the remaining abducted passengers would be rescued unhurt.

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Toxic and Biased – Mahdi Shehu Reacts to Tinubu’s ADC Promotion to Brigadier-General

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Political commentator Mahdi Shehu has criticised President Bola Tinubu over the promotion of his Aide-de-Camp (ADC), calling it a breach of military protocol and a threat to professionalism within the Nigerian Armed Forces.....TAP TO CONTINUE READING

In a post on his X handle on Monday, obtained by Politics Nigeria, Shehu accused the President of unilaterally promoting the ADC from colonel to brigadier general, thereby bypassing established military procedures and global best practices.

He described the move as contrary to both standard military protocol and common sense, noting that it disregards the morale and career progression of other officers.

Shehu argued that the promotion has disrupted the normal military hierarchy, placing the ADC above officers who were previously his seniors, including those with more years of service.

“The implication of this toxically biased promotion is that the newly promoted ADC is now a mate to officers who were once his seniors and many years senior to his course mates.

“This means prioritising loyalty to an individual over loyalty to institutions,” he wrote.

He recalled that the same officer had been promoted from lieutenant colonel to colonel just last year without completing the required training, and under normal circumstances, his next promotion to brigadier general would have been due in 2028.

By this promotion, the ADC now outranks all his course mates and other officers from his intake, a move Shehu described as institutional destruction.

Shehu warned that such biased promotions could demoralise officers and foster long-term resentment.

“This kind of avoidable, emotional promotion blunder will create permanent bitterness among officers and weaken discipline,” he said, noting that it could tarnish Nigeria’s military reputation in institutions with regional and global linkages.

He further cautioned that if the ADC were promoted again in 2027, possibly to Major General or even Chief of Army Staff, it could force over 8,000 senior officers across the Army, Navy, and Air Force into premature retirement, given the ADC’s position relative to them.

For Shehu, the promotion represents a “toxic, unilateral assault on professionalism, common sense, and the psychology of those who chose the military as a career,” concluding that “a stitch in time saves nine.”

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Nigeria Police Force Set to Begin Enforcement of Tinted Glass Permit Jan 2

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The Police Headquarters in Abuja, yesterday, disclosed that it has resumed the enforcement of Tinted Glass Permit policy pending the final determination of the matter currently before the court.....TAP TO CONTINUE READING

‘Help save my life, I’ve lost both breasts to cancer’ – Grandmother Nelson Joyce cries out

Recall that a Federal High Court sitting in Warri, Delta State, had on October 2 this year, issued an interim injunction restraining the Inspector General of Police, IGP, and the Nigeria Police Force, NPF, from implementing or enforcing the recently announced Tinted Glass Permit Policy slated to commence on October 6, 2025.

The order followed a motion by John Aikpokpo-Martins, who sought to stop the police from proceeding with the enforcement of the policy, which he described as unlawful and burdensome to citizens.

Delivering the ruling, Justice H. Nganjiwa granted an interim injunction restraining the defendants, the IGP and the NPF, including their officers, agents, or contractors, from enforcing or further implementing the Tinted Glass Permit Policy pending the hearing and determination of the substantive motion before the court.

But Force Public Relations Officer, Benjamin Hundeyin, yesterday, said: “This decision follows a careful review of emerging security concerns and the need to ensure the safety of all citizens.

“It is important to clarify that at no point did the court restrain the NPF from enforcing the provisions of the law regarding the use of tinted glass on vehicles.

“Nonetheless, in the spirit of responsibility, transparency, and public convenience, the Force suspended enforcement to allow motorists ample opportunity to regularise their documentation and complete the registration process without pressure.

“Recent trends, however, reveal a disturbing rise in criminal activities perpetrated with the aid of vehicles fitted with unauthorised tinted glass.

“Some individuals and organised criminal groups have exploited this gap to conceal their identities and facilitate crimes ranging from armed robbery to kidnapping and other violent crimes.

“In view of this, the Nigeria Police Force has found it both necessary and urgent to resume full enforcement as a proactive measure to safeguard our communities.

“Consequently, enforcement of Tinted Glass Permit will resume on January 2, 2026.

“The IGP Kayode Egbetokun, assures the public that the renewed enforcement will be carried out with utmost professionalism, respect for the rights of citizens, and in accordance with extant laws.

“He adds that the Force remains committed to promoting public safety and upholding the rule of law while working collaboratively with all stakeholders to keep Nigeria secure.

“Meanwhile, motorists who require the Tinted Glass Permit are encouraged to apply through the approved channels and ensure that their vehicles comply with legal procedures.”

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