Author: Ifetayo Adeniyi

Manny Ita  – A growing wave of cyberattacks is raising serious concerns about the security of digital platforms in Nigeria, with experts warning that many government websites have not undergone proper security testing before deployment. Cyber threats in the country have become more advanced, targeting sensitive data and financial systems across both public institutions and private organizations. A data breach typically involves unauthorized access to confidential information, and recent incidents suggest that such breaches are becoming more frequent and sophisticated. One of the most alarming cases involved the Corporate Affairs Commission, where about 25 million documents were reportedly compromised. This…

Manny Ita  – The Nigeria Labour Congress (NLC) in Lagos has urged the state government to raise the minimum wage to N225,000, citing the growing financial strain on workers caused by persistent inflation and rising living expenses. The demand was announced by the Lagos State NLC Chairperson, Funmi Sessi, during the 2026 International Workers’ Day celebration held at Mobolaji Johnson Arena. According to the union, the current minimum wage of N85,000 is no longer sufficient to meet basic needs, as inflation has significantly reduced workers’ purchasing power. Labour leaders stressed that many employees are struggling to afford essentials such as…

Manny Ita  – Zenith Bank Plc has kicked off 2026 with a strong financial performance, posting an unaudited pre-tax profit of N360.92 billion for the first quarter ended March 31, 2026, highlighting its resilience despite a challenging economic environment. According to its filing on the Nigerian Exchange, the bank’s profit before tax rose by 2.87% year-on-year from N350.82 billion recorded in Q1 2025. Profit after tax also increased slightly by 0.69% to N314.02 billion, reflecting steady earnings growth amid rising loan impairments and cost pressures. The bank’s gross revenue crossed the N1 trillion mark, reaching N1.01 trillion—a 6.14% increase compared…

Manny Ita  – United Bank for Africa (UBA) has reiterated its commitment to strengthening collaboration between traditional banks and fintech companies across Africa following its inaugural fintech conference focused on the future of partnerships in the sector. The event, themed around navigating regulatory milestones and shaping bank–fintech collaboration, brought together over 20 major players in the ecosystem. Participants included PalmPay, OPay, PayAza, Mastercard, Visa, the Nigeria Inter-Bank Settlement System, and representatives from the Central Bank of Nigeria. Discussions centered on regulatory frameworks, innovation, cybersecurity, and the evolving payments landscape across the continent. Opening the conference, UBA’s Executive Director for Digital…

Manny Ita  – Iran has carried out the execution of a 21-year-old karate athlete, as the United Nations raises alarm over a sharp increase in executions and arrests linked to ongoing unrest and conflict in the country. The victim, Sassan Azadvar Joonqani, was executed early Thursday at Dastgerd Prison in Isfahan, according to reports from Iranian authorities. He had been arrested in January during nationwide protests and later convicted of “moharebeh,” an offence under Iranian law meaning “enmity against God,” as well as alleged cooperation with hostile elements. Authorities claimed Azadvar took part in violent acts during the protests, including…

Manny Ita  – Nigeria’s journalism platform, Premium Times is set to host its combined third and fourth annual staff awards this weekend, celebrating exceptional contributions by its reporters, editors, and other team members over the past two years. The ceremony, which covers the 2024 and 2025 editorial cycles, aims to recognise dedication, hard work, and excellence among staff who have helped sustain the organisation’s reputation as a frontrunner in investigative and public interest journalism in Nigeria. Activities will begin on Friday with an internal gathering at the organisation’s headquarters in Abuja, restricted to staff members. The highlight of the event…

Elegbede Abiodun Couple Lateef Adedimeji, Mo Bimpe Welcome Triplet Into The Family After Waiting For Five Years Of Union. Nollywood actor Lateef Adedimeji and his wife, Bimpe Oyebade, have welcomed a set of triplets, marking a joyful milestone five years after their marriage. The actor shared the exciting news on his Instagram page, explaining that his recent silence on social media was intentional. According to him, he had been focused on nurturing and safeguarding his family while preparing for a life-changing blessing. Lateef expressed overwhelming gratitude, revealing that life has given him more than he ever hoped for. He announced…

File: Banky W  Elegbede Abiodun Singer Banky W has said his wife, actress Adesua Etomi-Wellington, does not cook regularly at home, adding that he handles the kitchen himself and does not see it as a problem. Speaking on the Teju Baby Face Show published on Thursday, he addressed the subject after the host referenced a viral video of him preparing sausages, eggs and bacon that had generated significant reaction online. Banky W said the arrangement worked for them and that anyone uncomfortable with it was entitled to their opinion. “There are some men, my wife must cook for me. My…

Elegbede Abiodun Access Holdings Plc has reported audited results for the financial year ended December 31, 2025, which marks a significant turning point in its corporate journey as it shifts from a growth model defined by scale to one increasingly anchored on value creation, efficiency, and earnings quality. The Group delivered a resilient performance during the year, navigating a transitional operating environment while demonstrating the strength of its franchise and the robustness of the governance structures it has built over time. Profit before tax crossed the ₦1 trillion mark for the first time, rising to ₦1.01 trillion, a 16.2 per…

Elegbede Abiodun … Nigeria’s industrial drive can only be achieved through bold and coordinated actions at both federal and subnational levels. In a bid to position Lagos State as a 2lst-century industrial hub of Africa, leverage its human capital and market scale, and confront binding constraints, Lagos State government, through its Ministry of Commerce, Cooperatives, Trade and Investment, yesterday, launched the Lagos State Industrial Policy (LSIP) 2025-2030. The state governor, Babajide Sanwo-Olu, who was represented at the formal launch of the LSIP in Lagos by the Secretary to the State Government (SSG), Abimbola Salu-Hundeyin, said the strategic blueprint is policy-led,…