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African fashion designers supported by Afreximbank’s Creative Africa Nexus (CANEX) shine at Paris Fashion week

African fashion designers supported by Afreximbank’s Creative Africa Nexus (CANEX) shine at Paris Fashion week

Two weeks after the highly successful inaugural Tranoï Tokyo trade show held in Japan from September 4-5, over 20 exceptional fashion brands from across Africa and the diaspora showcased their designs at the Paris Fashion Week on 26-29 September at Tranoï, Palais Brongniart as part of Afreximbank’s CANEX Presents Africa initiative (www.Afreximbank.com).

 

Afreximbank’s dedicated scenographic exhibition space  showcased a diverse array of brands, including Ethiopia’s Mafi Mafi, Kenya’s Adele Dejak, We Are NBO, and Katush, Zanzibar’s Doreen Mashika, and Nigeria’s Emmy Kasbit, WUMAN and Bloke. Representing South Africa were JUDY SANDERSON, David Tlale, and Thebe Magugu, while Zimbabwe was represented by Vanhu Vamwe.

Other incredible brands included The Cloth from Trinidad and Tobago, Olooh and Kente Gentlemen from Côte d’Ivoire, Ghana’s Christie Brown and Beyodoe, Late For Work from Morocco and Margaux Wong from Burundi.

This moment is quite significant as it marks the first time three of our designers have taken to the prestigious runway at the Paris Fashion Week

The event climax was a highly anticipated runway show, celebrating the richness and diversity of Africa’s design talent. Held beneath the majestic columns of the iconic Palais Brongniart, the show marked a historic moment in the global fashion calendar.

Artistic Director Jenke Ahmed Tailly, renowned for his visionary approach, curated an exclusive fashion show featuring three distinguished African designers Sukeina, Lagos Space Programme and Thebe Magugu, each presenting unique collections that embodied the essence of African creativity and craftsmanship. This presentation highlighted the synergy between tradition and modernity, with designs that ranged from bold, avant-garde statements to intricate, culturally inspired pieces.

The event provided a powerful platform for these designers to showcase their work to an international audience, affirming Africa’s growing influence on the global fashion scene. From vibrant textiles and intricate patterns to contemporary silhouettes and sustainable innovations, the runway show captured the continent’s rich heritage and innovative approach to fashion. Each designer brought their distinct vision to life, offering a fresh perspective on what African fashion represents in the 21st century.

Commenting on the event, Mrs. Kanayo Awani, Afreximbank’s Executive Vice President, Intra-African Trade and Export Development, said: “We are immensely proud of our growing impact on Africa’s Creative and Cultural Industries through CANEX Presents Africa initiative which continues to spotlight the continent’s abundant talent. This moment is quite significant as it marks the first time three of our designers have taken to the prestigious runway at the Paris Fashion Week – a milestone only possible following years of consistent hard work and focus. By providing an exclusive platform to these brands to showcase their designs and engage with international buyers, we are not only developing the continent’s creative sectors but also expanding Africa’s influence in global cultural trade.”

Given the relevance and opportunities provided by the creative economy as a key driver for development and job creation, Afreximbank has deployed the Creative Africa Nexus Programme (CANEX) to facilitate the development and growth of the creative and cultural industries in Africa and the diaspora. The programme provides a range of financial and non-financial interventions to support Africa’s production, trade, and investment in creative content. CANEX Presents Africa provides emerging fashion designers with a platform for development through the  transfer of skills, linkages and partnerships as well as  market access opportunities aimed at equipping the participants with skills for creating financially sustainable businesses capable of being scaled.

The inaugural CANEX Presents Africa event took place in  Porto, Portugal in October 2021. To date, 80 designers from 27 African countries and the Diaspora have benefited from the initiative.

Web Browsers Market Share: A Two-Decade Transformation

Web Browsers Market Share: A Two-Decade Transformation

 

Over the past 20 years, the web browser market has witnessed profound changes, reflecting both technological advancements and shifting consumer preferences. Data from StatCounter reveals how dominant players have fallen, newcomers have risen, and the competitive landscape has evolved.

Q3 2004: Internet Explorer’s Unrivaled Dominance

In 2004, Internet Explorer (IE) reigned supreme, holding an overwhelming 92.7% share of the global browser market. At the time, Microsoft’s IE had little competition, with Netscape, once a pioneer of web browsing, clinging to just 3.57%. Safari, primarily used on Apple’s Mac devices, captured only 0.73%, while Opera and Netscape Navigator barely registered with 0.65% and 0.20%, respectively. The near-monopoly enjoyed by IE during this period marked a high point in Microsoft’s grip on the internet browsing world, largely driven by its bundling with the Windows operating system.

October 2009: The Rise of Firefox and Chrome’s First Steps

By October 2009, Internet Explorer’s dominance had sharply eroded, falling to 57.5%. This decline was attributed to the increasing popularity of Mozilla Firefox, which surged to capture 31.23% of the market, appealing to users with its open-source platform and emphasis on speed, security, and customization. Google Chrome, which had launched just a year earlier in 2008, quickly entered the competition with a 3.9% market share, positioning itself as a lightweight and faster alternative to existing browsers. Safari, meanwhile, held 3.69%, driven by the growth of Apple’s ecosystem, while Opera maintained 2.51%.

October 2014: Chrome Ascends, Internet Explorer Declines

The next five years saw a significant reshuffling of the browser hierarchy. By October 2014, Google Chrome had firmly taken the lead, commanding 41.53% of the market. Chrome’s success was driven by its speed, simplicity, and integration with Google’s services, quickly becoming the browser of choice across platforms. Safari, benefiting from Apple’s mobile and desktop growth, climbed to second place with 15.3%, while Internet Explorer continued its steep decline, dropping to 13.39%.

Firefox, despite its earlier rise, lost ground with 11.96% of the market, marking the beginning of a downward trend. Android’s default browser made a notable entrance, capturing 7.36% of the market as mobile browsing became increasingly dominant.

October 2019: Chrome Solidifies its Lead, Mobile Browsers Emerge

By October 2019, Chrome had further solidified its dominance with an impressive 64.92% market share, dwarfing all competitors. Safari, riding on the success of Apple’s iPhone and Mac products, remained a distant second at 15.97%. Firefox, once a strong contender, had shrunk to 4.33%. Notably, Samsung Internet (3.29%) and UC Browser (2.94%) made their way into the top five, reflecting the growing importance of mobile web browsing, particularly in regions like Asia where UC Browser gained popularity.

October 2024: Chrome Maintains Dominance, Edge Joins the Race

As of October 2024, Google Chrome continues to dominate the market with 65.76%, a slight increase from 2019. Safari remains the second most popular browser, growing its share to 18.27%, thanks to Apple’s sustained growth in both mobile and desktop devices.

One of the most significant changes is the re-entry of Microsoft into the top three with its rebranded browser, Edge, which now holds 5.64%. Microsoft’s transition from Internet Explorer to Edge, built on the Chromium engine, has proven effective in recapturing some of the market share it lost in previous years. Firefox, however, continues its decline, now at just 2.77%, a far cry from its peak a decade ago. Samsung Internet, catering primarily to Android devices, remains a key player in mobile browsing with 2.27%.

Market Evolution and Future Trends

The web browser market over the last two decades has been marked by dramatic shifts, driven by technological advancements, user demands, and the rise of mobile browsing. Chrome’s near-monopoly is a stark contrast to Internet Explorer’s dominance in 2004, as it capitalized on Google’s expansive ecosystem and constant innovation. Meanwhile, Safari’s steady growth underscores Apple’s influence in both the mobile and desktop arenas.

Edge’s resurgence indicates that Microsoft has learned from the mistakes of Internet Explorer, leveraging the Chromium platform to offer a more competitive browsing experience. Firefox, once a darling of the open-source community, has struggled to maintain relevance in the face of competition from faster, more user-friendly browsers.

As mobile internet use continues to rise, browsers like Samsung Internet and UC Browser, optimized for mobile experiences, are likely to remain relevant. Looking forward, the browser landscape will likely be shaped by continued innovation, privacy concerns, and integration with evolving technologies such as artificial intelligence and cloud services.

Conclusion

The past 20 years have seen a dramatic reshuffling of the web browser landscape. From the reign of Internet Explorer to Chrome’s current dominance, the market has undergone profound changes driven by innovation and shifting user preferences. As new technologies emerge, it remains to be seen how long Chrome will maintain its lead, and whether competitors like Safari, Edge, and mobile browsers will continue to chip away at its market share.

 

 

Anthony Nwosu

Data source: Statisense (TheCounter/StatCounter)

 

NDPC Extends Deadline for DCPMI Registration, Restricts Engagement of Unregistered Data Processors

NDPC Extends Deadline for DCPMI Registration, Restricts Engagement of Unregistered Data Processors

 

In a bid to ensure full compliance with the Nigeria Data Protection Act, 2024 (NDP Act), the Nigeria Data Protection Commission (NDPC) has extended the deadline for the registration of Data Controllers and Data Processors of Major Importance (DCPMIs). The new deadline, approved by the National Commissioner/CEO, Dr. Vincent Olatunji, is now set for October 31, 2024.

This move provides more time for organizations categorized as DCPMIs to register without facing penalties. However, the NDPC has also imposed a critical restriction: beginning from October 15, 2024, DCPMIs will only be allowed to engage agents and contractors who are registered with the Commission. This decision aligns with sections 24(3), 29(1)(a), and 44 of the NDP Act, which mandates strict adherence to data protection regulations.

Section 29(1)(a) of the Act emphasizes that data controllers must ensure any data processor they engage complies with the obligations set out in the Act. Specifically, it states that:

> “Where a data controller engages the services of a data processor, or a data processor engages the services of another data processor, the data controller or data processor engaging another shall ensure that the engaged data processor complies with the principles and obligations set out in this Act as applicable to the data controller.”

 

In addition, Section 65 of the Act defines a data processor as:

> “An individual, private entity, public authority, or any other body who processes personal data on behalf of or at the direction of a data controller or another data processor.”

 

With this development, the NDPC is calling on all DCPMIs to ensure that any third parties processing personal data on their behalf are fully compliant and registered. Failure to comply with these requirements will be regarded as a violation of the NDP Act, subjecting organizations to potential sanctions.

The Commission stressed that engaging agents or contractors who do not meet the legal obligations applicable to data controllers or processors is not only a breach of the law but also undermines the integrity of data privacy in Nigeria.

The extension of the deadline is seen as part of NDPC’s efforts to foster accountability and encourage adherence to data protection standards in the country.

Reported by:

Anthony Emeka Nwosu
Tech & Biz News

 

Rachel Chris Alfred Breathes New Life into Nigerian Gospel Music with Debut Album “Never Too Late”

Rachel Chris Alfred Breathes New Life into Nigerian Gospel Music with Debut Album “Never Too Late”

 

The vibrant Nigerian entertainment and music industry is witnessing a significant revival with the release of Never Too Late, a new album by Rachel Chris Alfred. This inspirational collection of songs offers a refreshing take on Christian music, designed to uplift the spirit and encourage positive living, not only for those of Christian faith but for anyone seeking a message of hope, faith, and encouragement in their lives.

The album’s release comes at a time when there is a growing need for music that transcends mere entertainment and delivers a deeper, more meaningful message. Never Too Late accomplishes just that by blending powerful lyrics with soulful melodies, creating a body of work that inspires listeners to reflect on their journey and turn their focus toward faith and personal growth. The album appeals to a wide audience, regardless of religious background, offering songs of hope and positivity that can resonate with anyone looking for uplifting and transformative content.

In a recent press conference, the talented and charismatic Rachel Chris Alfred expressed her profound gratitude and joy. “I am truly humbled to release my first album,” she shared with a smile. “This achievement is not of my own making. I owe everything to God, who guided me through this journey, and to my well-wishers who stood by me. Special thanks go to my wonderful husband, whose unwavering support helped make this dream a reality, while ultimately, it is God who made it all possible.”

Rachel Chris Alfred’s music is deeply rooted in her Christian faith, but she is quick to note that its appeal stretches far beyond the walls of the church. “I am not the creator of these songs,” Rachel emphasized, “I have been sent by God to share this message. All my inspiration comes from Him. In a world that often glorifies materialism and worldly pursuits, there is an urgent need for people to shift their focus back to God. This is one of the main reasons I felt compelled to release this album.”

Her vision for Never Too Late is to provide a soundtrack for life that encourages individuals to place their trust in God while navigating the challenges of the modern world. Yet, Rachel is clear that her music is for anyone who desires to lead a life of purpose, positivity, and faith. “You don’t have to be a Christian to appreciate the message in my music,” she explained. “It is about hope, strength, and trusting in a higher purpose. These are values that anyone can embrace, regardless of their beliefs.”

Rachel Chris Alfred also stressed that her motivations are driven by a higher calling, not financial gain. “This album is not about making money for me,” she stated. “My goal is to share a positive message with the world. I want people to know that no matter what they are going through, there is always hope. God is the author and finisher of our lives, and we can always trust in Him.”

The debut album Never Too Late is not just an artistic expression; it’s a personal mission for Rachel. As a wife, mother, and devoted Christian, Rachel has dedicated her life to using her voice as a medium for change, believing that music can reach hearts and inspire transformation. A native of Esan in Edo State and currently based in Lagos, Rachel has been answering her call to touch lives through music, and this album is a reflection of that commitment.

The album will soon be available for download across various online platforms, allowing fans of gospel music, as well as those who simply enjoy music with a powerful and positive message, to access her work. Through Never Too Late, Rachel Chris Alfred aims to encourage listeners to embrace faith, hope, and a renewed sense of purpose, delivering a message that resonates beyond religion and speaks to the soul.

With its uplifting lyrics, powerful melodies, and universal appeal, Never Too Late is poised to leave a lasting impact on the Nigerian music landscape, offering a beacon of light in today’s complex world.

Listen https://www.boomplay.com/artists/98745959?from=

Lagos State to Enforce Ban on Single-Use Plastics by January 2025

Lagos State to Enforce Ban on Single-Use Plastics by January 2025

 

The Lagos State Government has announced that it will begin full enforcement of a ban on certain categories of Single-Use Plastics (SUPs) by January 2025. This decision follows a one-year moratorium granted to producers to allow for a smooth transition to more sustainable alternatives.

Speaking at a stakeholders’ workshop in Ikeja, the Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, disclosed that the banned SUPs include styrofoam plates, cups, straws, plastic cutlery, and nylon bags thinner than 40 microns. Represented by the Special Adviser on Environment, Engr. Kunle Rotimi-Akodu, the Commissioner emphasized the importance of stepping up public advocacy on the impending ban to ensure residents and businesses are well-informed.

“The phased enforcement will start with a ban on styrofoam food containers in January 2024,” Wahab said. “Following that, we will fully implement the ban on other single-use plastics by January 2025. The Lagos State Government is committed to ensuring that actionable strategies are in place to sustain the ban and address the environmental impact of plastic pollution.”

Lagos currently generates over 13,000 tonnes of waste daily, with a significant portion attributed to SUPs. According to Wahab, plastic pollution in Lagos has contributed to blocked waterways, poor air quality, and long-term health risks. He cited studies that show microplastics have been found in human fetuses and bloodstreams, emphasizing the urgent need for intervention.

The Commissioner also revealed that the state, in collaboration with stakeholders, will establish a Plastics Waste Management Fund. The fund will be co-managed by producers and major importers to facilitate proper disposal and recycling of plastic waste. This initiative falls under the Extended Producer Responsibility (EPR) framework, which mandates that companies take responsibility for the waste generated by their products.

Wahab acknowledged that while the transition to alternative packaging may present challenges, such as the cost of new materials and changes in consumer habits, the state government is committed to creating an enabling environment. Research into new technological options and support for businesses during the shift are part of the strategies already being implemented.

In his welcome address, the Permanent Secretary of the Office of Environmental Services, Gaji Omobolaji Tajudeen, described plastic waste as one of the most significant environmental challenges facing Lagos. He stated that since the introduction of measures to ban styrofoam products, there has been a noticeable reduction in plastic waste clogging the state’s drainage systems and waterways.

The workshop brought together key stakeholders, including Producer Responsibility Organisations (PROs), to discuss practical strategies for implementing the ban. Participants were urged to raise public awareness and contribute to a smooth transition away from harmful plastics.

“The future of Lagos depends on the steps we take today,” Wahab concluded. “This ban is a critical part of our broader efforts to combat climate change, protect public health, and ensure sustainable waste management in the state.”

Lagos State has seen firsthand the effects of plastic pollution, which not only affects the environment but poses long-term health risks to its residents. The government remains determined to see through the ban and provide viable alternatives to SUPs, helping to create a healthier and more sustainable future for all.

#AGreaterLagosRising
#EcoFriendlyWasteManagement

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Asaba Celebrates the Installation of New Asagba: A Triumph of Tradition and Unity with the Igbo People

Asaba Celebrates the Installation of New Asagba: A Triumph of Tradition and Unity with the Igbo People

 

Asaba, the proud capital of Delta State, witnessed a historic moment as the city crowned a new Asagba of Asaba, marking the dawn of a new era filled with promises of growth and prosperity. This momentous occasion was not only a celebration of Asaba’s rich culture and heritage but also a powerful reaffirmation of the city’s deep-rooted ties with the greater Anioma and Igbo communities.

The installation ceremony drew crowds from across Anioma land, a region known for its vibrant customs and long-standing traditions. The event was a showcase of the best of Asaba’s cultural heritage, with elaborate traditional displays, music, and dance, encapsulating the spirit of the people. From the majestic procession to the regal rites, the coronation underscored the city’s deep respect for its ancestral roots.

The Asagba’s ascension to the throne also highlighted Asaba’s inclusive nature. The people of Anioma have always welcomed visitors with open arms, especially those who come with an appreciation for their history and customs. This coronation not only celebrated the new king but also honored the unity between the Anioma people and their Igbo neighbors, showcasing the shared values, customs, and traditions that bind these communities.

Asaba has long been a cultural melting pot, where the rich traditions of the Anioma people blend seamlessly with the influences of neighboring Igbo communities. The coronation was a reflection of this harmony, a testament to the cultural exchange that has thrived for centuries. It is a new chapter for Asaba, one where the city’s proud past will continue to guide its future, bringing unity, prosperity, and cultural pride to the forefront.

As the new Asagba takes the throne, Asaba and its people look forward to a future of peace, unity, and greater ties with their Igbo brothers and sisters—a celebration of tradition and a beacon of hope for generations to come.

 

NDPC and Nigeria Police Force Partner to Combat Cybercrime in Commemoration of 2024 Global Cybersecurity Awareness Month

NDPC and Nigeria Police Force Partner to Combat Cybercrime in Commemoration of 2024 Global Cybersecurity Awareness Month

 

In a significant move to fortify efforts against the escalating threats of cybercrime and data breaches in Nigeria, the Nigeria Data Protection Commission (NDPC) has teamed up with the Nigeria Police Force – National Cybercrime Center (NPF-NCC). The collaboration was marked by an awareness walk held in Abuja to commemorate the 2024 Global Cybersecurity Awareness Month, themed “Secure Our World.”

The walk, which saw the participation of senior officials, cybersecurity experts, and law enforcement personnel, was part of a broader initiative to engage the public on the critical issue of cybersecurity. The event highlighted the increasing vulnerability of individuals and organizations to cyber threats, from identity theft and hacking to ransomware attacks and data breaches, calling for collective action to mitigate these risks.

In a speech at the event, the NDPC’s leadership emphasized the importance of the partnership with the NPF-NCC, noting that tackling cybercrime requires a united front that includes regulatory bodies, law enforcement, and the private sector. “Cybersecurity is not just a government issue—it affects all sectors of society. With the rise in digital transactions and the expansion of the internet, the need for a secure cyber environment is more pressing than ever. Our collaboration with the Nigeria Police Force is a testament to our commitment to safeguarding Nigerians’ personal data and digital infrastructure,” a senior NDPC official said.

Representatives from the National Cybercrime Center echoed these sentiments, stating that the collaboration between the NDPC and the police force would not only enhance the country’s ability to respond to cybercrime but also serve as a preventive measure. “Awareness is the first step in prevention. By educating the public, businesses, and even government agencies about the best practices in cybersecurity, we can reduce vulnerabilities and better protect our critical infrastructure,” said a spokesperson for the NPF-NCC.

The walk was accompanied by a series of activities, including cybersecurity demonstrations, workshops, and public engagements aimed at enlightening individuals on how to safeguard personal information online, secure devices, and recognize potential cyber threats. Participants carried banners with messages advocating for stronger passwords, regular updates of software, and the importance of two-factor authentication.

The theme for this year’s Global Cybersecurity Awareness Month, “Secure Our World,” reflects the global push to improve online security as cybercrime rates continue to rise. With Nigeria’s growing reliance on digital services, both for personal and commercial purposes, the country has increasingly become a target for cybercriminals. According to recent data, cyberattacks in Nigeria have cost the economy billions of Naira, with small businesses, large corporations, and even government institutions falling victim to sophisticated cyber schemes.

This awareness walk is just one of many events planned throughout the month, as the NDPC and NPF-NCC aim to ramp up public engagement and collaboration with stakeholders in the fight against cybercrime. The two organizations will be hosting additional workshops, training sessions, and forums aimed at improving the cybersecurity capabilities of businesses and raising awareness about the latest threats and solutions.

The NDPC also reiterated its commitment to enforcing data protection laws and ensuring that organizations in Nigeria comply with global best practices in handling personal information. They encouraged citizens to remain vigilant, adopt secure online behaviors, and report any suspicious activities to the appropriate authorities.

By fostering stronger collaboration between regulatory agencies, law enforcement, and the private sector, the NDPC and the Nigeria Police Force hope to create a safer digital ecosystem for all Nigerians.

 

PWAN Launches Cloud 9 Phase 1 Estate in Imo State

PWAN Launches Cloud 9 Phase 1 Estate in Imo State

 

PWAN, a leading real estate firm, has unveiled its latest project, Cloud 9 Phase 1 Estate, in Imo State, bringing affordable land opportunities to the people of the region.

Speaking at the launch event held in Ngo Okpala, Chibueze Anukanti, a top executive of PWAN, highlighted the unique benefits of the estate. “Cloud 9 is a goal! Located just a few minutes’ drive from the airport and the city center, this estate offers prime land with all necessary documents. It’s strategically positioned near Owerri, the capital of Imo State, and Aba, the commercial hub of Abia State,” he said.

Anukanti also expressed gratitude for the support of local celebrities, including the renowned Chief Imo, who was present at the event. “Chief Imo and other stars graced our ground today, lending their voices to the success of Cloud 9. We are excited about the impact PWAN is making in the real estate sector,” he added.

The launch of Cloud 9 Phase 1 Estate is set to provide accessible and affordable land options for investors and residents in the region, further contributing to the growth and development of Imo State.

— Anthony Emeka Nwosu

 

MINISTRY OF DEFENCE INAUGURATES PERFORMANCE MANAGEMENT AND ENTERPRISE CONTENT MANAGEMENT SYSTEMS TO BOOST EFFICIENCY

MINISTRY OF DEFENCE INAUGURATES PERFORMANCE MANAGEMENT AND ENTERPRISE CONTENT MANAGEMENT SYSTEMS TO BOOST EFFICIENCY

 

In a strategic move to enhance operational efficiency, transparency, and service delivery, the Ministry of Defence has launched its Performance Management System (PMS) and Enterprise Content Management (ECM) systems. The Permanent Secretary, Dr. Ibrahim Abubakar Kana, mni, inaugurated the Project Steering Committee and the Project Implementation Technical Team, which will be responsible for ensuring the successful deployment and operation of both systems.

During the inauguration ceremony, held at the Ministry’s headquarters at Ship House, Abuja, Dr. Kana underscored the Ministry’s readiness to leverage its existing infrastructure and human resources to implement these advanced systems. He emphasized that the Ministry is equipped with not only the technical capacity but also the expertise to drive these initiatives. “We have the infrastructure in place, and we also have seasoned experts—Directors and Deputy Directors from various departments—who are well-positioned to lead this process and cascade the implementation down to other levels of staff,” Dr. Kana stated.

The introduction of the PMS and ECM systems marks a pivotal step in the Ministry’s modernization efforts, designed to improve accountability, streamline operations, and ensure that performance aligns with the Ministry’s mandate and the broader vision of the federal government. Dr. Kana highlighted that the systems will enable the Ministry to track progress in real-time, optimize resource allocation, and enhance overall productivity, while also fostering a culture of continuous improvement.

Commitment to Excellence and Overcoming Challenges

Addressing the newly inaugurated PMS Champions, Dr. Kana charged them with the responsibility of driving the Ministry’s performance to new heights, urging them to demonstrate unwavering commitment and excellence. He noted that the systems are essential to achieving the Ministry’s objectives, particularly as they relate to the government’s renewed hope agenda for national development.

While acknowledging the possibility of initial challenges during the implementation phase, the Permanent Secretary encouraged resilience and determination among the committee members. “We understand that there may be some teething problems in the rollout of these systems, but with the expertise we have in-house, we will overcome any challenges that come our way,” Dr. Kana remarked. He reassured staff that the Ministry is committed to providing all the necessary support to ensure the systems’ success.

Focus on Continuous Training and Capacity Building

Dr. Kana further emphasized the importance of continuous training to keep staff well-equipped with the necessary skills for implementing and maintaining the systems. “Training is key to ensuring that our staff are proficient in using these systems, and in the Ministry of Defence, this will not be a challenge. We are prepared to organize regular training sessions, even on a weekly basis if necessary, to ensure everyone is up to speed,” he said.

By prioritizing capacity building, the Ministry aims to foster a skilled workforce capable of maximizing the potential of PMS and ECM systems, ensuring they deliver measurable improvements in service delivery, transparency, and operational efficiency.

Leading the Charge for Enhanced Performance and Compliance

The PMS and ECM Champions are expected to lead the charge in implementing these systems, ensuring that they are not only operational but that they drive significant improvements across all levels of the Ministry. The ultimate goal is to achieve total compliance with government performance standards and to set a benchmark for other ministries in terms of efficiency and accountability.

“With the PMS and ECM systems, we aim to set new standards of performance across the Ministry. These systems will not only enhance our productivity but also hold us accountable to the highest standards of public service,” Dr. Kana added.

As the Ministry of Defence embarks on this transformative journey, it remains focused on achieving the government’s broader objectives of improved service delivery and national development.

 

VFD Microfinance Bank Appoints Temitope Osinubi as General Manager for Audit, Control, and Compliance

VFD Microfinance Bank Appoints Temitope Osinubi as General Manager for Audit, Control, and Compliance

VFD Microfinance Bank, a leading institution in the Nigerian financial sector, has recently announced the appointment of Temitope Osinubi as the new General Manager for Audit, Control, and Compliance. This strategic appointment underscores the bank’s commitment to ensuring robust governance, transparency, and adherence to the highest regulatory standards as it continues to deliver on its vision of promoting financial inclusion and sustainable banking.

Temitope Osinubi joins VFD Microfinance Bank with an impressive academic and professional background. She holds a Master of Science (M.Sc.) degree in Actuarial Science from the prestigious University of Lagos, in addition to a Bachelor of Science (B.Sc.) in Mathematics from Olabisi Onabanjo University. As a Certified Internal Auditor (CIA), Temitope brings with her a wealth of experience, particularly in the areas of internal audit, compliance, and control, which are crucial to the success of any financial institution in today’s highly regulated environment.

With over a decade of experience in the banking industry, Temitope began her career at GTBank, where she swiftly distinguished herself as a diligent and dedicated leader. Her expertise spans various facets of banking, particularly in internal audit and control, where she has consistently demonstrated a passion for excellence and an unwavering commitment to regulatory compliance and operational efficiency.

Temitope has led significant initiatives throughout her career. One of her notable achievements is the development of Anti-Money Laundering (AML) risk rating parameters—a critical component in ensuring banks maintain the integrity of their financial systems and comply with global anti-money laundering standards. She has also played a pivotal role in driving process improvements across multiple functions within the institutions she has worked for, demonstrating her ability to enhance operational efficiencies while mitigating risks.

Her technical expertise extends further into regulatory compliance, where she has successfully conducted audits on various financial models, including the Expected Credit Loss (ECL) Model and the Internal Capital Adequacy Assessment Process (ICAAP). These audits are crucial to ensuring that banks not only meet regulatory requirements but also maintain financial health by accurately assessing and managing risks associated with credit losses and capital adequacy.

In addition to her day-to-day responsibilities, Temitope remains actively involved with the Global Institute of Internal Auditors (IIA), a professional body that promotes the advancement of internal auditing. Her engagement with IIA reflects her commitment to continuous professional development, ensuring that she remains at the forefront of industry trends and global best practices in audit and compliance.

Temitope’s appointment as General Manager for Audit, Control, and Compliance comes at a pivotal time for VFD Microfinance Bank, as the bank continues to expand its operations and services across Nigeria. Her extensive experience and deep understanding of the regulatory landscape position her to make an immediate and lasting impact on the bank’s audit and compliance functions.

As the financial industry evolves, VFD Microfinance Bank remains committed to upholding the highest standards of governance, risk management, and compliance. With Temitope Osinubi at the helm of the Audit, Control, and Compliance department, the bank is poised to strengthen its internal controls, enhance its risk management processes, and continue to build trust with its customers, stakeholders, and regulators.

Her appointment is not only a testament to her expertise but also to the bank’s vision of empowering talented professionals to lead the institution toward a more secure and prosperous future. Temitope’s leadership will undoubtedly play a crucial role in maintaining the bank’s reputation as a trusted and reliable financial partner, while also contributing to its long-term growth and success.

With her impressive track record and unwavering dedication, Temitope Osinubi is set to lead VFD Microfinance Bank’s Audit, Control, and Compliance division to new heights, ensuring that the bank remains a pillar of integrity and excellence in the financial industry.

VFD Microfinance Bank is a dynamic financial institution committed to providing innovative banking solutions to individuals, SMEs, and corporate organizations in Nigeria. The bank’s focus on customer satisfaction, transparency, and compliance sets it apart as a leader in the microfinance sector, driving financial inclusion and sustainable growth across the country.