Category: Business Day

Almond Insurance Industry Awards 2025 will attract sector big wigs including Rotimi Chibuike Amaechi, former governor of Rivers State, Emmanuel Evue, chairman Emalsson Ent. Ltd and former Minister of Transportation, as well as Rollence McCoy, president, WimAfrica as top guest list at its 2025 Insurance Night.

Faith Ughwode, chief executive officer, Almond said the guest presenters are meticulously chosen from critical sectors of the economy in a bid to broaden the horizon of Insurance Operations for better understanding and appreciation as no economy can survive without the risk transfer mechanism which Insurance provides.

The Epoch making event which started in 2018 to reward Change Makers and Innovators in the Insurance eco-system is scheduled to hold on Friday November 7 in Lagos.

The Award night, which is the biggest social event in the Nigerian Insurance Industry, brings together Insurance Stakeholders, Policymakers, Individual and Corporate Clients of Insurance Companies, Paramilitary Forces, Entertainers and the General

Public in an atmosphere of fun and relaxation.

The shortlisted categories this year are-Insurance CEO of the Year; Insurance Woman of the Year (Insurer or Broker); Life Insurance Company of the Year; General Insurance Company of the Year; Insurance Broker of the Year; Insurance Broking Company of the Year; Takaful Company of the Year; Micro Insurance Company of the Year; Most Valuable Insurance Customer of the Year; Insurance Life Achievers Award (Insurer or Broker); Special Recognition Award 2025 (Within and Outside the Industry)

In line with the tradition of the Almond Insurance Industry Awards, attendees are in for a good time this year as the likes of Creative Toby, Taichi, Mc Obinna, Slimcase and a host of others are set to trill the audience.

Nollywood Legend Segun Arinze will bring Class and Charisma as Show host this year.

Owoloja Femi, a suspected logistics supplier to some bandits operating in Yagba West Local Government Area of Kogi State, has been arrested by the Joint Security Task Force (JTF).

The suspect, an indigene of Ejiba, is currently the Chairman of the Okada Riders Association, Ejiba Branch.

Owoloja was arrested during a routine patrol at about 7:30pm on Saturday in Odo-Eri, along Saminaka Road, while allegedly conveying illicit substances to bandits

Owoloja Femi, and his accomplice, who is now at large, had already loaded the two cartons of drugs onto their motorcycle and fled the scene upon sighting the security team.

However , Owoloja was captured as he attempted to escape.

Preliminary investigations revealed that the suspect, had confessed to sourcing the drugs from a chemist shop in Egbe for onward delivery to bandits, hiding in the forest.

Apart from the two cartons of hard drugs and motorcycle, ?600,000 cash suspected to be proceeds or operational funds for the illegal transaction was recovered from the suspect.

Meanwhile, the suspect is currently in Police custody as further investigations continue to uncover links, sponsors and other collaborators in the supply chain, aiding banditry and criminal activities in Yagba West.

Tosin Olokun, Chairman of Yagba West Local Government Area and Chairman of Kogi State ALGON, commended the operatives for their swift response and renewed efforts in dismantling criminal logistics networks across the zone.

According to a press statement signed and issued by Adeyemi Babarinde, Chief Press Secretary to the ALGON Chairman, which was made available to Journalists in Lokoja on Sunday, the Chairman reaffirmed the Local Council’s commitment to safety and peace of all communities.

He, however, warned individuals against aiding, harbouring, or transacting with criminal groups as he assured that all suspects found culpable would be handed over to relevant Security Agencies for prosecution in accordance with the law.

The Independent National Electoral Commission (INEC) has announced the schedule for the collection of Permanent Voter Cards (PVCs) and the conduct of a mock accreditation exercise ahead of the 2025 Anambra State Governorship Election.

In a statement signed by Victoria Eta-Messi, Director of Voter Education and Publicity, the Commission said PVC collection for voters who registered during the recent Continuous Voter Registration (CVR) exercise would hold from Wednesday, 22nd to Sunday, 26th October 2025.

INEC advised all eligible voters who participated in the CVR to visit the Registration Areas where they initially registered to collect their PVCs within the stipulated period. It emphasised that PVC collection would be strictly in person as collection by proxy would not be allowed under any circumstances.

The Commission noted that the exercise is crucial for voters who intend to participate in the forthcoming Governorship election in Anambra State, urging all registered voters to make use of the opportunity to collect their cards.

As part of its preparations, INEC will also conduct a Mock Accreditation Exercise on Saturday, 25th October 2025 in selected polling units across the three Senatorial Districts of the State.

The exercise, according to the Commission, will test the upgraded Bimodal Voter Accreditation System (BVAS), assess its response time, and evaluate the process of uploading results to the INEC Result Viewing (IReV) Portal ahead of the main election.

The mock accreditation will take place in the following polling units:

Senatorial District LGA Registration Area Polling Unit

Anambra Central Awka South Amawbia II (03) Igwédimma Primary School I and II (006, 007)

Anambra Central Idemili North Nkpor II (06) Ububa Village Square (035), Ifeadigo Hall (063)

Anambra North Oyi Nteje III (07), Nteje IV (08) Girls Secondary School (005), State Primary School (002)

Anambra North Anambra East Aguleri II (02) Central School (001), Umunoke Public Square I (002)

Anambra South Aguata Ekwulobia I (06), Ekwulobia II (07) Central School (003), Urban Girls Secondary School (009)

Anambra South Orumba North Ajalli I (01) Primary School (007), RCM KDT School (011)

INEC encouraged voters in these selected polling units to participate actively in the exercise, noting that their involvement would assist the Commission in fine-tuning its operational and technological processes before the election.

Reiterating its commitment to operational efficiency, transparency, and stakeholder confidence, the Commission assured that all necessary measures are being put in place to ensure a smooth and credible governorship election in Anambra State.

The donation of N10bn by Government Ekpemupolo (alias Tompolo) in Asaba, during the Delta State Security Fund (DSSF) seems to ring bells around the oil region especially in Rivers State.

This is because Sobomabo Jackrich, a high chief in Rivers State and paramount head of ‘Da lke Group of Houses and Communities’, has described the whopping donation for security support as a defining investment.

The high chief reacted after the Thursday October 16, 2025 launching in Asaba where Tompolo, also a high chief and ex-agitator, boosted security drive in the state and region with the N10 billion donation as chief launcher.

The launching was organized by the Delta State Government under Gov Sheriff Oborevwori. The high chief said: ‘This gesture is not only commendable; it is a profound demonstration of lasting commitment to peace, security, and progress in Delta State, across the Niger Delta and for Nigeria as a whole.’

At the event, Keston Pondi, who is the managing director of Tantita Security Ltd, spoke on behalf of Ekpemupolo during the formal launching/fundraising held at Government House, Asaba.

He said, ‘What we are launching today go es beyond a financial contribution, it is a strategic investment in peace, progress, and the protection of lives and property.’

He commended Gov Oborevwori for institutionalizing a framework that enables coordinated private-sector participation in tackling security challenges.

Other Delta State big guns supported the effort. Aigboje Aig-Imoukhuede, Group Chairman of Access Holdings and chairman of the occasion, said the launch was a defining moment in the state’s history even as he applauded Gov Oborevwori’s leadership which he said had transformed Delta into one of Nigeria’s most peaceful and progressive states.

Aig-Imoukhuede announced a personal donation of ?100 million to the Fund on behalf of himself and his wife, Ofure, and expressed optimism that the initiative would mobilize up to ?100 billion in 2025.

Government Ekpemupolo (Tompolo)

On his part, Governor Oborevwori recalled that the Security Trust Fund established by law in 2013 was designed as a collaborative platform for mobilizing resources from the private sector to complement government’s investment in security.

He explained that the fund would focus on acquiring modern surveillance equipment, operational vehicles, and communication tools, as well as supporting the training and retraining of security personnel and community vigilante groups across the 25 local government areas of the state.

He said his administration rebranded Operation Delta Hawk as Operation Delta Sweep and as a joint task force involving the Army, Navy, Air Force, Police, DSS, and Civil Defence Corps.

Jackrich, co-exagitator, impressed:

Soboma Jackrich, co-exagitator, applauding Tompolo

The huge donation seems to arouse the respect and excitement of co-exagitators around the oil region.

Jackrich, now a paramount rule like some others, said: ‘As colleagues who shared in the Niger Delta struggle, we are proud of what Tompolo is doing. His actions repeatedly show that true leadership is measured in deeds that secure people, empower communities, and strengthen national stability. By directing such an immense financial commitment towards the security of his state, Tompolo reaffirms a simple truth: peace in Delta state means peace for the entire Niger Delta and, by extension, for Nigeria.’

He said Delta State occupies a strategic place in Nigeria’s hydrocarbon industry. ‘Between November 2023 and September 2024, it produced about 99.9 million barrels of crude oil and condensate, making it the nation’s top-producing state. Together with Bayelsa and Rivers, Delta accounts for roughly 85 percent of Nigeria’s petroleum output, the lifeblood of our national economy.

‘It follows that securing Delta is tantamount to securing the heartbeat of Nigeria’s revenue base. When insecurity chokes production, the whole economy suffers; when stability is restored, oil flows, jobs return, and investor confidence rises.’

Jackrich said the impact of improved security in the Niger Delta was already visible. ‘Thanks to Tantita Security Services, a Tompolo security initiative, Nigeria’s oil production recovered from a low of about 650,000 barrels per day to over 1.8 million barrels per day in recent years, with official records showing an average of around 1.71 million barrels daily as of mid-2025.

‘This recovery has strengthened the naira, boosted revenues, and restored investor confidence. Curtailing oil theft and pipeline vandalism benefits every Nigerian, and Tompolo has been at the forefront of that turnaround.

‘What distinguishes Tompolo’s approach is its inclusivity. Unlike other vendors who operate in isolation, Tantita has built a participatory system that brings together key stakeholders across the Niger Delta. Its operational framework ensures representation and active involvement of all ethnic nationalities – Ijaw, Itsekiri, Urhobo, Isoko, and others across the Niger Delta region.’

He said this collaborative model has improved operational efficiency and helped heal divisions, fostering unity in once fragmented communities. ‘The result is growing peace and improved productivity across the region.

Tompolo’s commitment extends well beyond surveillance and patrols. Through Tantita, he has funded community infrastructure and human-development projects that strengthen law enforcement, promoting rehabilitation and education.’

Amb. Jackrich said Tantita’s portfolio reflects Tompolo’s philosophy of building peace through progress, saying the company has quietly and consistently invested in human capital, community infrastructure, and nationwide faith-based projects:

‘Ugborikoko Divisional Police Station, Uvwie, in Delta State: Built and fully equipped by Tantita with modern offices, CCTV systems, 30 KVA solar and generator backup, computers, vehicles, and living quarters to strengthen law-enforcement capacity and morale.

‘Education and rehabilitation at Warri Correctional Facility: An 8-classroom block supports inmate education and reintegration, a true investment in lasting peace.

‘Delta State College of Nursing Sciences, Okere-Urhobo: Donation of a 45 KVA inverter, 98 solar panels, 40 desktop computers, and a 29-seater bus to ensure sustainable power and improved education delivery.

‘Sustainable Rice-Farming Initiative: In partnership with SDN and Ecosus Pro Nigeria Ltd., Tantita pioneered large-scale rice farming in Bayelsa and Delta, creating alternative livelihoods for former oil-bunkering youths.

‘Empowerment of FUPRE Students: Tantita awarded #10 million to outstanding students at the Federal University of Petroleum Resources, Effurun (FUPRE), promoting academic excellence among Niger Delta youth.’

He said each of these projects is a statement of intent, a demonstration that true peace is achieved not merely by military patrols, but by providing education, jobs, faith, and dignity.

‘I want to commend the organizers of the epoch-making Stakeholders Appreciation Lunch event in Port Harcourt, sponsored by Maton Engineering and Tantita Security Services Nigeria Limited, themed ‘Stronger together: Building Community Sustaining Partnership’. The quality of the programme, the diverse participation, the mutual respect and the energy of dialogue showcased a renewed commitment to regional peace and development, as well as the height of administrative prowess of both Engr. Matthew Tonlagha and High Chief Kestin Pundi.

‘Let me wholeheartedly congratulate Matthew Tonlagha, Chairman of Maton Engineering Nig. Ltd, and Kirston Pondi, the MD of Tantita Security Services, for their unwavering commitment to inclusivity in the ongoing surveillance contract.

‘To other service providers in the security surveillance space: Tantita’s model should be emulated. The era of sharp practices and the so-called ‘419 approach’ must end. Let accountability, fairness, and stakeholder inclusion guide every engagement. When communities are carried along, trust is built and national security objectives are more effectively achieved.

‘Tantita’s success is not accidental; it is the product of deliberate vision, inclusive strategy, and patriotic leadership. Its multidimensional approach spanning security, education, rehabilitation, infrastructure, agriculture, and faith-based development offers Nigeria a model worth replicating nationwide.

Tompolo’s N10bn donation is more than money: it is a symbol of faith in the idea that peace can be built from within by those who understand the terrain and the people. Every kobo invested in peace creates ripples of progress; every strengthened community becomes a fortress for national stability.

‘This noble gesture also aligns perfectly with the Renewed Hope Agenda of President Bola Ahmed Tinubu, particularly his focus on peace, security, and sustainable economic growth. Tompolo’s action mirrors the President’s vision by transforming personal success into public good, demonstrating that patriotic citizens and institutions can directly contribute to stabilizing and growing the nation.

‘For those of us who shared trenches with Tompolo in the Niger Delta struggle, this moment is deeply inspiring. We fought for dignity, inclusion, and justice, and today those ideals are translating into tangible structures of peace and progress.’

He said Tompolo has proved that true warriors not only resist, they build. ‘Through his leadership and stakeholder collaboration, he has positioned himself as a statesman and dependable partner for peace, security, and economic growth in Nigeria, a legacy that will endure. This is also a clarion call on all leaders of the Niger Delta Struggle to eschew division and work in Collective Synergy to build the region.’

The donation in Asaba has continued to make waves in Nigeria’s security circles as a demonstration of commitment to peace in the oil region. Now, many ex-agitators seem eager to make positive contributions to show that ‘agitation does not only destroy, it builds’.

Since the inauguration of Advertising Offences Tribunal, AOT in May 2023, it has faced misty understanding among some lawyers and advertisers.

As a new model in Nigeria’s judiciary system to try advertising related violations, the shift of cases from conventional courts have triggered litigations by alleged offenders who approach high courts to stop the proceedings.

But a lawyer said the same court of coordinate jurisdiction would not stop the tribunal’s proceedings as the AOT has the same judicial powers.

Amidst the hazy understanding about the powers and functions of AOT, Advertising Regulatory Council of Nigeria, ARCON in collaboration with NBA- Lawyers in the Media moved to explore what AOT is, how it functions and the role it plays in protecting consumers and industry integrity, and the challenges it faces as it charts new territory in media law.

The impressive attendance of lawyers, advertisers, and other stakeholders at the Town Hall meeting in Sheba Event Centre, Ikeja, Lagos, demonstrated their strong interest in learning more about AOT and its operations.

Some lawyers at the summit described AOT as a linchpin of a transformed enforcement regime in Nigeria’s advertising sector. Akinlolu Kehinde, a legal luminary said AOT is the world’s first judicial tribunal with criminal jurisdiction over advertising offences.

Its mandate in advertising ecosystem includes protection of the consumers, deterring misconduct, regulating digital spaces, preserving industry integrity, and demonstrating constitutional innovation. Kehinde said it is a global first, but more importantly, it is a Nigerian solution to Nigerian challenges.

Under its mandate, the tribunal is also required to impose fines, imprisonment, and additional sanctions. Its composition are lawyers, media practitioners and experts. It functions as a normal court of coordinate jurisdiction.

At the Town-Hall meeting, Justice C.M.A. Olatoregun who is Chairman of the Advertising Offences Tribunal told the audience that the tribunal has handled 201 cases out of a total of 266 cases. Describing AOT as a gatekeeper, Olatoregun promised that the tribunal will deliver on its mandate.

She said that the AOT represents a systemic evolution that is embedding truth and accountability into the very structure of Nigeria’s advertising environment. She further called on lawyers in the media space to grow with the tribunal and grow the tribunal.

Though, climes like United States, engages in regulation after publication while UK operates self-regulation, but Lekan Fadolapo, DG of ARCON believes that Nigeria can prevent harm before it occurs and deter violations with pre-vetting regulations and violations sanctioned.

Fadolapo recounted offensive advertisements by some organisations which ARCON stopped without which they would have caused social unrest.

But according to some advertisers, pre-vetting can stifle creativity with its, perhaps delayed nature. For instance, Lanre Adisa, Chairman of Heads of Advertising Sectoral Group cited an advert immediately created and run when there was electricity cut during a Super Bowl event – ‘You can even dunk in the dark’. In Nigeria, this will need approval which will delay the advert and the creativity.

Lanre who commended ARCON moves to ensure sanity and ensure advertising decency said there must be a balance between regulation and the use of technology to ensure that there is efficiency. He said practitioners must feel that they are not been held back with regulation.

With the growing awareness and demand of end users coupled with the complexity of modern infrastructure, there is an increasing need for facilities management to adopt global best practices in Nigeria or, if such best practices are not achievable, at least adapt them to suit our peculiar circumstances.

From a practitioner’s understanding, facilities management has to do with people, process, place and technology. It integrates all these to make a built environment ideal and a place of comfort for those who use it. The built environment may also enjoy the benefits of longevity and value appreciation.

Every infrastructure is designed for a particular purpose, and this determines the kind of maintenance required to keep it in excellent condition despite natural wear and tear. For instance, a hotel is a place guests come to stay, attend an event or visit for relaxation.

It must, therefore, be in such condition that those who make use of it can enjoy the facilities provided. It will be unacceptable if electricity is unstable, the a/c system malfunctions, the toilets have no constant water supply, and the environment is generally untidy.

To achieve strong growth and best practice, the activities of facilities management practitioners ought to be regulated as is done with most other professions like law, accountancy, medicine, architecture and engineering, to name a few. This includes adhering to minimum acceptable ethical, moral and professional standards.

Currently, this is not the case as such standards exist only on paper without FM practitioners being held accountable for their professional actions. Oftentimes, health and safety considerations are ignored with vendors, contractors, artisans, FM staff wearing slippers instead of safety boots in designated areas.

Legislation is required to create a robust landscape for the practice of FM. Few legislations exist, such as the Factories Act, Environment Impact Assessment (EIA) Act and more recently Facilities Management and Maintenance Law of Lagos state.

However, more work is required to deepen the regulation and practice of FM in Nigeria, including advocacy and policy-making. To this extent, the Institute of Workplace and Facilities Management (IWFM) is starting a webinar series on Ethics and Standards. What obtains now is that most FM professionals carry on, believing that they understand what to do.

Legislation and regulation will make it mandatory for existing and prospective FM professionals to acquire the necessary training, skills and apply a code of conduct. For the moment, a high percentage of people still don’t have the competence and skill set to practice in this industry.

As a result, many FM professionals end up creating more problems for clients when assigned tasks. With the necessary framework in place, professional misconduct can be handled according to laid-down rules and guidelines

My strong view is that we have to evaluate what we do, determine if it meets global best practice, if not, aim to achieve it or at the minimum set an achievable standard that gives customer satisfaction. We need to look outside our local environment and adopt what other countries that have done so well in this industry. The ISO 410001-2018 will also be very useful.

The growth of the industry requires collective effort from all stakeholders, including the government, private sector operators and the industry practitioners. It will require educating people to know about the FM industry in order to understand what it entails.

To develop and grow the industry, I believe it is time we start defining the criteria for standards and best practices for existing and prospective practitioners in facilities management.

The Institute for Humanitarian Studies and Social Development (IHSD) has called on the federal government to embrace inclusive governance as a strategic approach to reducing violence and civil unrest across the country.

Francis Origa, IHSD’s registrar and chief executive officer, stated this during the 15th Annual Humanitarian Public Lecture and Pan-African Humanitarian Leadership Award (TPAHLA) in Abuja.

Origa emphasised that marginalisation and unequal treatment remain key drivers of violence and civil unrest across the country.

Origa underscored that the path to lasting peace and national development lies in meeting citizens’ expectations and valuing human life.

He pointed out that the lack of equitable treatment and meaningful participation in decision-making processes fuels agitation and societal division.

He urged the government to fulfill its responsibilities by fostering fairness and inclusivity in governance. ‘Social justice and inclusion are not optional they are essential for unity and stability.

‘The current lack of fairness in representation and decision-making is deepening the country’s divides,’ he said.

He further criticised the top-down approach to policymaking, noting that many policies reflect the personal interests of political elites rather than addressing the needs of ordinary citizens.

He appealed to leaders to be more compassionate and adopt a governance model rooted in humanitarian values.

‘Let the poor breathe,’ he said, adding that leaders should adopt what he described as a ‘humanitarian faith’ one that treats human dignity as a cornerstone of governance.

Origa also encouraged Nigerians to embrace a culture of empathy and solidarity.

He stressed that humanitarian support doesn’t always require money; small acts of kindness, encouragement, and emotional support can make a significant difference.

‘Nigerians need to move beyond sympathy to empathy. If someone around you is struggling, your words or presence might be all they need,’ he added.

Speaking on the purpose of the event, Origa said it marked both the International Day for Disaster Reduction and the International Day of the Girl Child.

The lecture served as a platform for experts from government agencies, development institutions, and humanitarian organisations to explore pressing challenges and generate solutions.

According to him, the theme centered on enhancing African security and governance through humanitarian principles and building strong, responsive institutions guided by ethical leadership.

He disclosed that 100 individuals were certified as professional humanitarians after completing courses, exams, and practical training.

Additionally, more than 35 people were inducted as distinguished humanitarian fellows and honorary special ambassadors – a recognition reserved for those with a proven record of impactful humanitarian service and commitment.

Origa explained that applicants must first register, participate in training, pass evaluations, and demonstrate a commitment to humanitarian values before receiving certification.

Describing the public lecture as a vital meeting ground for key players in humanitarian and development fields, he said it was aimed at voicing concerns about societal issues affecting human welfare and survival.

The event’s chairman, former Kaduna State Governor Alhaji Mukhtar Yero, highlighted the importance of effective communication and humanitarian service. He thanked God for the success of the programme and congratulated the graduating cohort.

Ayodele Olawande, Minister of Youth Development, urged young Nigerians to engage in humanitarian work as a pathway to meaningful recognition and national development.

‘The more we serve others, the more we contribute to building our country. Don’t just wait on the government be part of the solution,’ he said.

Also speaking, Zubaida Umar, Director-General of the National Emergency Management Agency (NEMA), represented by Director of Special Duties, Fatima Kassim, emphasised the vital link between humanitarian leadership, effective governance, and conflict prevention.

She noted the importance of strong partnerships in enhancing disaster readiness and promoting sustainable growth.

Adamu Ibrahim, President and Chairman of IHSD’s Governing Council and former Nigerian Ambassador to Guinea, used the occasion to welcome Bokchara Malanyaro as an honorary executive adviser to the council, recognising his contributions to humanitarian.

The event concluded with the unveiling of the Pan-African Humanitarian Response Centre, the graduation of newly certified humanitarian professionals, and the formal induction of new humanitarian fellows all part of IHSD’s efforts to strengthen the continent’s humanitarian and development landscape.

The event, held in collaboration with the United Nations Institute for Training and Research (UNITAR), CIFAR Nigeria, the Institute for Peace and Conflict Resolution, and the African Refugees Foundation, focused on the theme: ‘Humanitarian Leadership as the Compass for Africa’s Future: Bridging Power, Policy, and People for Peace, Prosperity, and Planet.’

Nigeria’s hunger crisis is worsening and the country’s ranking has plunged to 115th out 123 countries globally, data from the 2025 Global Hunger Index (GHI) shows.

From a position of 110th and a ‘serious food crisis’ point of 28.8 amongst 123 countries in 2024, Nigeria plunged deeper into the serious food crisis zone a year later.

The data reveals that Africa’s most populous nation has been within the serious food crisis range in the last 17 years, rising only slightly from 32.3 points in 2008 to 32.8 points in 2025.

The GHI is a tool that measures and tracks hunger at global, regional, and national levels. It is an annual report published jointly by Concern Worldwide and Welthungerhilf.

Between 2020 and 2024, 11.6 percent of children in the country now suffer from high levels of child wasting, 10.5 percent of the same population die before they turn five, according to the GHI 2025 report.

It links killings of farmers, exceptional heavy rainfall and devastating floods that ravaged farms in the early parts of this year to be a major driver of food insecurity.

Several Nigerians, including farmers across major food producing states were victims of flood that wiped out large hectares of farms and rendered thousands of people homeless.

‘The 20th edition of the Global Hunger Index comes at a moment of rising alarm about food security globally and in certain regions and hotspots. Development finances are under extreme stress, the humanitarian sector is struggling, and in some areas hunger is persistent or even growing,’ the report wrote.

The data noted that Nigeria is the second country in West Africa within the ‘serious food crisis’ zone.

The Federal Capital Territory (FCT) Police Command has arrested several suspects linked to armed robbery, drug trafficking, and vehicle theft following a series of coordinated intelligence-led operations across Abuja between October 9 and 18, 2025.

The operations, carried out by the Command’s Scorpion Squad in collaboration with the Kubwa, Life Camp, and Mabushi Divisions, resulted in multiple arrests and the recovery of stolen vehicles, weapons, and illicit substances.

Among those apprehended were Manaseh Emmanuel, 36; Dogora Ibrahim, 21; and Ibrahim Idamusa, 40, identified as members of a notorious armed robbery gang led by Ibrahim Yakubu, popularly known as ‘Ycome,’ who is currently remanded at the Kuje Correctional Centre.

In a related operation, the Life Camp Division arrested Umar Abubakar, Iliyasu Ibrahim, Usman Ibrahim, and Alkasim Abubakar for their alleged involvement in theft and robbery.

Police investigations revealed that the suspects belong to a ten-man armed robbery syndicate responsible for a series of violent robberies within the Kubwa, Life Camp, and Mpape areas of the city.

Similarly, operatives of the Mabushi Division apprehended Bello Mohammed Tambuwal for stealing a 2019 Toyota Corolla, while another suspect, Paul Onogwu, was intercepted in possession of fifteen bags of dried leaves suspected to be Cannabis Sativa.

According to the Police, recovered items during the operations include a cutlass, a sword, a jackknife, a Toyota Land Cruiser stolen during a robbery, a black 2019 Toyota Corolla with chassis number JTNK4RBE1K3054902, a Toyota Camry with registration number KRD 391 JF, and fifteen bags of suspected Cannabis Sativa.

Dantawaye Miller, Commissioner of Police, commended the officers and men involved in the successful operations, urging all Divisional Police Officers across the FCT to sustain the tempo and intensify the onslaught against criminal elements.

He reiterated the Command’s resolve to make Abuja safer by uncovering criminal hideouts and ridding the territory of insecurity.

‘We will continue to hit hard on criminal elements until the Federal Capital Territory is completely rid of crime and insecurity,’ Miller stated.

He further urged residents to remain vigilant and report suspicious persons or activities to the police through the emergency numbers 08061581938 and 08032003913 or the Complaint Response Unit (CRU) line 08107314192.

The financial services sector in Nigeria, long perceived as conservative and slow to innovate, is now turning to artificial intelligence (AI) to reinvent its operating model and cut costs.

According to the Talent Management Report 3.0 by Phillips Consulting, the integration of AI and automation in traditional banks is helping institutions reduce operating expenses by as much as 22 percent.

The report finds that Nigerian banks are increasingly deploying AI in recruitment, fraud detection, compliance automation, and customer service.

‘Banks are piloting AI in recruitment, fraud detection, and compliance automation, but HR applications lag behind customer-facing innovations,’ the report said.

While customer engagement and security have historically been the primary drivers of digital investment, HR functions are catching up-albeit slowly.

‘Today, 34 percent of financial institutions use AI in recruitment, while 19 percent have introduced AI-enabled learning and development programmes to scale employee upskilling,’ it said.

The report stated that institutions such as Zenith Bank and Fidelity Bank are already reaping measurable efficiency gains.

‘Zenith Bank has automated its recruitment process, reducing time-to-hire and administrative overheads, while Fidelity Bank’s HR chatbot now handles routine employee queries, improving engagement and cutting response times significantly.’

The report underscores that AI-driven automation is translating directly into operational savings.

A Marsh and McLennan (2019) benchmark cited in the study suggests that traditional banks could cut up to 22 percent of their total costs through AI adoption, a figure that aligns with the early results emerging from Nigerian institutions integrating digital systems into core HR operations.

From manual processes to predictive models

The transformation is not limited to cost optimisation. Fintechs are leading the charge, using predictive workforce models to anticipate staffing needs, identify skill gaps, and allocate resources efficiently. Traditional banks are beginning to follow suit, deploying AI-based analytics to inform strategic workforce planning and enhance productivity.

By leveraging machine learning to identify hiring bottlenecks and predict attrition, financial institutions can now anticipate talent shortages before they impact performance.

These predictive tools are also helping HR departments optimise recruitment spending and refine retention strategies, effectively reducing turnover costs while improving hiring accuracy.

The report reveals that 37 percent of banks use AI primarily for operational efficiency, 32 percent for data-driven decision-making, and 11 percent for cost optimisation.

This underscores that AI’s current role is largely backend-focused, aimed at streamlining processes rather than driving comprehensive workforce transformation.

AI is restructuring the workforce, not replacing It

While automation is displacing some traditional roles, especially those involving repetitive tasks, the report stresses that AI is reshaping jobs, not erasing them.

The International Labour Organisation (ILO) estimates that up to 40 percent of tasks in Nigeria’s financial services industry could be automated by 2030, particularly those performed by bank tellers, back-office clerks, and call centre agents.

However, this transformation is simultaneously creating new opportunities.

The Nigerian Communications Commission (NCC) reports a 35 percent annual increase in demand for roles such as data scientists, cybersecurity analysts, AI specialists, and customer experience managers, positions that did not exist in traditional banking structures a decade ago.

The Talent Management Report captures this duality clearly: while 24 percent of financial institutions are automating or phasing out roles, 21 percent report an increased demand for new digital skills, and 18 percent are actively redesigning jobs to integrate AI-driven responsibilities.

Only 5 percent cite downsising as a direct consequence of AI, suggesting that automation is being used more for redeployment than retrenchment.

Bridging the digital skills gap

Despite the optimism surrounding AI adoption, the report warns that a widening digital skills gap could undermine progress. Fewer than 12 percent of employees in the financial sector possess proficiency in AI, analytics, or cybersecurity.

Meanwhile, the talent report added that only 27 percent have adequate digital skills to function effectively in AI-enhanced workplaces.

This gap is especially pronounced among mid-career professionals those responsible for managing AI systems and ensuring their ethical deployment.

As the report explains, ‘Mid-career professionals, who are essential for managing and optimising AI applications in talent management, often lack specialised training in data analytics, AI ethics, and robotic process automation.’

To address this, banks are prioritising internal retraining over external hiring. About 28 percent of institutions now provide AI-related training for employees’ current roles, while 23 percent are retraining staff for new positions. Another 15 percent are redesigning roles to include AI responsibilities, the report said .

The Bankers’ Committee of Nigeria has called for a national reskilling programme to prepare the workforce for automation’s demands.

Without this, the report warns, ‘AI adoption could unintentionally widen the capability gap it aims to close.’

The path to full AI integration is not without obstacles. Legacy infrastructure continues to impede transformation, with only 39 percent of Nigerian banks having adopted scalable cloud solutions.

The Nigerian Fintech Cloud Adoption White Paper (2023), cited in the report, points to regulatory bottlenecks, data security concerns, and hierarchical management structures as key barriers slowing progress.

Cultural resistance also plays a role. ‘More than 60 percent of financial sector employees express anxiety over job security in the wake of AI deployment.’

This anxiety, the report finds, often stems from low AI literacy and poor internal communication. ‘Leadership familiarity with AI is low, slowing adoption at the top and across teams,’ it warns.

Still, the benefits are becoming increasingly clear. In recruitment, the talent report disclosed that 26 percent of banks report faster candidate screening times and improved job-candidate matching, while 19 percent note better hiring accuracy through AI-driven assessments.

Meanwhile, in performance management, institutions are beginning to use AI to reduce bias, automate appraisals, and deliver real-time feedback

However, developmental applications remain underutilised. Only 3 percent of organisations use AI to recommend training or coaching opportunities, suggesting that while efficiency is improving, talent growth and engagement are lagging.

The report noted that ‘AI is primarily seen as a backend enabler, not a strategic HR asset,’ a sentiment echoed by HR executives who believe AI’s full value will emerge only when integrated into learning, leadership, and performance ecosystems.

Changing perceptions: From fear to opportunity

The report stated that while 33 percent of financial sector workers believe AI will boost productivity and create new opportunities, 56 percent express concern or uncertainty about the future.

‘Nearly 28 percent fear job losses, underscoring the urgent need for transparent change management and clear communication strategies.’

Yet optimism persists. The report shows that 80 percent of employees in the financial sector believe AI can make HR processes fairer and more efficient, particularly in recruitment and learning.

This suggests that with proper leadership engagement and continuous education, banks can shift the narrative from fear to empowerment.

Despite widespread awareness, full-scale AI integration in HR remains limited. ‘Only 9 percent of institutions report organisation-wide adoption, compared to 21 percent at the strategic stage and 24 percent still in exploration.’

Furthermore, 39 percent of banks describe their AI investments as minimal, reflecting a cautious, risk-averse approach to innovation.

‘The financial services sector is caught between ambition and execution,’ the report said. ‘Many banks recognise AI’s transformative potential but lack the infrastructure, skills, and regulatory clarity to scale pilot initiatives into sustainable models.’

From cost-cutting to value creation

Ultimately, the Talent Management Report 3.0 frames AI as both a cost-saving mechanism and a strategic growth enabler.

Beyond operational efficiency, it presents AI as a tool for strategic workforce planning, allowing banks to align talent pipelines with future needs and reduce long-term overhead.

By 2030, the report projects, AI could help financial services globally save over $1 trillion, with Nigeria’s banks poised to contribute significantly to that figure if they continue on their current trajectory.

However, realising this potential will require a mindset shift from viewing AI as a technology initiative to treating it as a people strategy.

As the report said, ‘AI won’t replace talent; it will redefine it. Adaptability will become the new currency of talent.’

For Nigerian banks, the next phase of AI adoption will hinge on balancing efficiency with empathy. Investment in AI literacy, ethical training, and data transparency must accompany automation if institutions are to sustain trust and inclusion in the digital era.

‘Reimagine your workforce strategy. Start small, build readiness, embed agility, and scale what works. Focus on people-first transformation,’ the report said