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A prosecution witness on Thursday told a Federal Capital Territory (FCT) High Court in Maitama how multi-million-naira withdrawals were made from the Kogi State Government account in transactions linked to the ongoing trial of former governor Yahaya Adoza Bello.

The sixth prosecution witness (PW6), Mshelia Arhyel, a compliance officer with Zenith Bank Plc, made the revelation while testifying before Justice Maryanne Anineh. The Economic and Financial Crimes Commission (EFCC) is prosecuting Bello alongside Umar Shuaibu Oricha and Abdulsalami Hudu on a 16-count charge bordering on criminal breach of trust and money laundering involving ?110.4 billion.

Led in evidence by prosecution counsel Kemi Pinheiro, Arhyel told the court that the third defendant, Abdulsalami Hudu, made several multi-million-naira withdrawals from the Kogi State Government House account in early 2016.

‘On the 19th January 2016, there were five debit entries, of which the beneficiary of these withdrawals is Abdulsalam Hudu. On 12th February 2016, there were 21 debit entries and the beneficiary is Abdulsalam Hudu; eight of the withdrawals were ?10 million each. Additional nine of the withdrawals were also for Abdulsalami Hudu,’ she said.

The witness further disclosed a pattern of frequent cash withdrawals below the ?10 million threshold. ‘On 17 and 18 February 2016, there were various cash payments, and on 24th, 25th and 26th February and the 3rd of March 2016, there were various cash withdrawals in favour of Abdulsalam Hudu. In the withdrawal of 3rd of March 2016, there were 37 transactions and all are below ?10 million. There are consistent multiple cash withdrawals on different dates by Abdulsalam Hudu. They were all below the ?10 million and below the threshold,’ she said.

Arhyel also told the court that in 2018, more large withdrawals were made in Hudu’s name. ‘On 30th and 31st January 2018, there were cheque withdrawals by Abdulsalami Hudu which were ?10 million each. On 30th January 2018, the total cash withdrawals amounted to ?350 million and on 31 January 2018, the withdrawals totalled ?357,267,000 – everything totalling ?757,267,000 in two days,’ she testified. She also presented account statements for several other entities, including Aleshua Solutions Services, noting that on May 6, 2022, transactions included transfers of $2,500 from B.O. Rosemary Chukwuma and two separate $5,000 transfers to an individual identified as Yau.

Arhyel further revealed that on December 6, 2016, the Kogi State Internal Revenue Service made payments totalling ?202,302,740.20, followed by ?101 million in cash withdrawals in favour of Jamiu Salawo. Additional withdrawals of ?66 million and ?167 million were also made in April 2017.

The court also heard from Victoria Oluwafemi, a compliance officer with Polaris Bank, who appeared as the fifth prosecution witness (PW5) on Wednesday. She told the court that SFC Foods Limited received credit transactions from different sources amounting to ?450 million on December 21, 2021, while JIT Agric Limited received multiple transfers totalling ?150 million on December 23 and 24, 2021.

Defence counsel J.B. Dauda, SAN, and A.M. Aliyu, SAN, objected to the admissibility of the documents presented by the prosecution, arguing non-compliance with Sections 83, 84, and 165 of the Evidence Act.

However, prosecuting counsel Pinheiro urged the court to discountenance the objections.

Justice Anineh adjourned the matter till November 12 and 13, 2025, for continuation of trial.

Yourtimepays International Company Limited has announced that it will officially re-launch its operations on 25 October 2025.

The company’s Founder and Chief Executive Officer, Kerry Kenu Sholaye, said the move represents more than a business milestone. ‘Yourtimepays International Company Limited is not just relaunching; we are redefining business with a human face. Our promise is sustainability – to our investors, to our partners, and above all, to the communities we serve,’ he stated.

In preparation for the re-launch, the company has outlined a series of key activities. It began with an official press release issued on 3 and 4 October 2025, followed by a product auction offering goods at discounted prices from 15 October.

The auction will coincide with the company’s participation at the Canton Fair in China. In addition, advertising slots on company-owned platforms have been open for booking since 1 October, providing businesses and individuals with opportunities to promote their brands.

The re-launch event on 25 October will mark the unveiling of Yourtimepays’ upgraded digital platforms, the opening of new global business offices, and the introduction of enhanced service delivery systems aimed at improving accessibility and efficiency.

As part of its broader expansion, the company has announced the opening of its VIP Restaurant Headquarters in Abuja on 29 November 2025. The restaurant will function as both a hospitality centre and a social empowerment initiative, providing direct employment for over 10,000 Nigerians and creating further opportunities across related sectors including agriculture, logistics, and services.

Yourtimepays’ growth plans are supported by partnerships with foreign investors, reflecting continued confidence in Nigeria’s economy. These collaborations are expected to drive technology-based business solutions and strengthen long-term sustainability.

The company also expressed appreciation to the Federal Government of Nigeria for its commitment to improving the business environment and encouraging investment. It noted that national social investment programmes align with its own mission of empowering communities and creating inclusive growth.

‘We recognise the Federal Government’s commitment to making Nigeria a destination for investors, and we stand ready to complement this vision by creating more jobs, building innovative platforms, and contributing meaningfully to national growth,’ the company said in a statement.

President Bola Tinubu on Friday congratulated Al’amin Muhammed Idris, chief executive of Interface Africa, on winning the NextGen Innovation Challenge.

Bayo Onanuga, special adviser to the President on information and strategy, said Interface Africa, representing Kaduna, won a cash award of £1.5 million at the challenge’s grand finale, held on Thursday at the Hilton London Paddington.

The NextGen Innovation Challenge is a national initiative spearheaded by the National Board for Technology Incubation (NBTI) in partnership with UKALD London.

Onanuga said the challenge, inspired by President Bola Tinubu’s Renewed Hope Agenda, ‘is designed to unlock Nigerian youths’ innovative potential.’

More than 700 Nigerians have become homeowners in just six months, marking early success for a landmark mortgage reform programme championed by the Federal Government through the Ministry of Finance Incorporated (MOFI).

The initiative aims to tackle Nigeria’s chronic housing crisis, which has left millions locked out of ownership due to high interest rates, limited access to credit, and a housing deficit estimated at over 28 million units.

Speaking on the initiative, Wale Odutola, CEO of ARM HoldCo, said MREIF represents the type of collaboration needed to deepen Nigeria’s housing finance system.

‘MREIF embodies the kind of partnership Nigeria has long needed-government resolve combined with private sector rigour,’ Odutola said. ‘Together with MOFI, we are laying the structural foundation for a housing sector that rewards citizens, unlocks investor confidence, and drives inclusive growth.’

As the heart of the reform, MOFI Real Estate Investment Fund (MREIF), a N1 trillion Securities and Exchange Commission-registered vehicle was created to provide long-term, affordable mortgages for ordinary Nigerians. The fund offers loans at 9.75 percent per annum with repayment periods of up to 20 years, a major shift from the double-digit lending rates that have long defined Nigeria’s mortgage market.

Since inception, MREIF has financed over 700 homebuyers through 11 Eligible Financial Institutions (EFIs) across five regions of the country. These include Abbey Mortgage Bank, Access Bank, FCMB, FHA Mortgage Bank, Gateway Mortgage Bank, Globus Bank, Imperial Homes Mortgage Bank, Infinity Trust Mortgage Bank, Living Trust Mortgage Bank, Nigeria Police Mortgage Bank, Providus Bank, Stanbic IBTC, and Union Bank.

Each mortgage represents a family transitioning from rent to ownership, a step that builds household wealth and stability.

The combination of government support, private-sector management, and transparent governance makes MREIF a stronger model than earlier public housing schemes.

The Federal Government committed N150 billion under Series 1 funding, fully subscribed in December 2024, while private investors contributed another N100 billion under Series 2. Additional tranches are expected to raise the fund to N1 trillion, ensuring sustainability. The fund is managed by ARM Investment Managers, providing professional oversight and accountability.

Beyond individual mortgages, MREIF supports developers through offtake guarantees, encouraging new construction, job creation, and expansion of the housing supply chain. It also provides a credible platform for diaspora Nigerians seeking secure real estate investment opportunities.

Although inflation, forex volatility, and high construction costs remain challenges, MREIF’s long-term and concessionary structure provides a cushion. With more financial institutions and investors expected to participate, the fund could help thousands more Nigerians move from renting to owning homes, turning one of Nigeria’s toughest socioeconomic challenges into an opportunity for inclusive growth.

Super Eagles head coach Eric Chelle has named a strong starting XI for Nigeria’s crucial 2026 FIFA World Cup qualifier against Lesotho at the Peter Mokaba Stadium in Polokwane on Friday evening.

Goalkeeper Stanley Nwabali retains his place between the sticks as he targets a tenth clean sheet for the national team. In defence, Benjamin Fredrick starts at right-back in the absence of regulars Ola Aina and Bright Osayi-Samuel, while Bruno Onyemaechi takes his usual spot on the left. William Troost-Ekong and Calvin Bassey form the central defensive pairing. With Fisayo Dele-Bashiru and Raphael Onyedika sidelined through injury, Wilfred Ndidi and Alex Iwobi will anchor the midfield, looking to control possession and dictate play in the middle of the park.

In attack, Victor Osimhen leads the line alongside Tolu Arokodare. Ademola Lookman and Moses Simon provide width and creativity from the flanks.

Nigeria, currently chasing a maximum of three points to keep their 2026 World Cup qualification hopes alive, knows that a victory against Lesotho is vital before their final Group C clash against Benin Republic.

Confirmed Nigeria Starting XI vs Lesotho

Goalkeeper: Stanley Nwabali

When Nigerian student Oluwapelumi Dada spotted Sam Parr, an entrepreneur and My First Million podcast host, jogging through San Francisco last year, he jumped on his bike, chased Parr down, and pitched him his idea.

This idea is an app that allows students to apply for multiple jobs at once. The pitch, which caught Parr’s attention and later went viral on social media, has been accepted into Y Combinator, one of the world’s most prestigious startup accelerators.

On account of the journey from Lagos to Silicon Valley, Dada’s story is one of grit and belief in possibility. After moving to the United States for university two years ago, he spent much of his time building apps and sharing his progress online.

Last year, he turned down internship offers from Tesla and Dell -two of the world’s top tech firms – to focus full-time on developing his idea, then called One Click Apply.

The app aimed to simplify how students navigated job applications, offering a single platform to apply to multiple opportunities with just one click.

While being unable to afford the summer without a job, Dada took a leap of faith and joined The Residency, a hacker house in San Francisco where young founders live and build startups together.

While there, he convinced fellow Nigerians, David Aladee and Damilola Ajayi, to leave their own pursuits and join him in building what would later become Sorce, described as the ‘Tinder for jobs.’

Their early hustle caught the attention of tech investor Hugo Thieblot and startup collective Founders Inc., who provided the first funding to grow the project. Dada later returned to school, continued refining the app, and officially launched it after graduation.

After missing Y Combinator’s application deadline, the team decided to apply anyway – a decision that would change their lives. Weeks later, Dada received a call from YC’s David Lieb confirming that Sorce had been accepted.

‘We got a call that we got in,’ Dada wrote on X (formerly Twitter). ‘Dreams do come true.’

This marks a new chapter for African Innovation as with its acceptance into Y Combinator, Sorce joins the ranks of a growing number of African-founded startups making their mark in Silicon Valley.

The app aims to help students and young professionals streamline job applications, which is a pain point for millions worldwide.

For many in Nigeria’s tech ecosystem, Dada’s story represents the bold, self-starting attitude driving the next wave of African founders who are competing globally.

The One Click Apply is a website that allows students/job applicants to apply to jobs in one click, with the hope of making the job application process easier for students. One Click Apply helps job applicants not worry about all the repetitive parts of applying for a job.

The end goal is to build the standard for applying to jobs on the internet, so that anyone, anywhere, won’t have to put in the same information on 10 different websites several times.

He hails from Oyo State, in Nigeria. Dada attended Rehoboth Peace Academy, Abuja, for his primary education; Middle School (JSS 1-3) at Salem Academy, Abuja, and the Government Science Secondary School, Abuja (SS1-3).

A student at Huston-Tillotson University from Austin, Texas, representing the Huston-Tillotson University class of 2025, Dada’s tech journey began at the tender age of 11.

He got a full tuition scholarship studying Computer Science at the Huston-Tillotson University and worked as a resident assistant (which gives him free housing).

He said that he got to know about tech at a young age. Temitayo Dada, his mum, brought in a computer when he was young, hence he naturally got an aptitude for computers because he could do a lot of things on it.

Kehinde Dada, his dad, was a graphic designer, whom he learned some graphic designs from. Dada also did some graphic design with Photoshop and CorelDRAW when he was younger.

He started coding late, according to him. However, he learned Java when he was 11, but only for that summer. ‘I stopped coding when I started secondary (high) school. When I got into SS 2 (11th grade), I started making websites with Wix, and learning HTML until I graduated (from secondary school),’ he said in an interview with Africa Interviews.

General Board of Higher Education and Ministry(GBHEM) said in a release that Oluwapelumi Dada is on a mission to bridge the gap between technology and community service.

‘With the help of General Board of Higher Education and Ministries Scholarships, Dada is pursuing a degree in computer science while actively giving back to the community that shaped him,’ it noted.

GBHEM Scholarships offers financial aid to United Methodist students pursuing undergraduate and graduate degrees. Every year, an average of $4 million is awarded to help students in the United States and abroad to pursue their dreams through higher education.

‘I am deeply honored to receive this scholarship. Your generous support has lightened my financial burden, allowing me to focus more on my studies and professional development,’ Dada said.

‘Attending college is crucial for me to gain the advanced knowledge in computer science that will allow me to innovate and solve complex problems,’ Dada added. ‘Seminary education is also important to deepen my theological understanding and serve my community with informed spiritual leadership.’

He noted that his goal in the next five to 10 years is to completely reinvent what recruiting looks like. ‘Recruiting today is broken and is desperately begging to be fixed. In terms of recruitment, finding applicants is hard for companies and employers.

‘So, there’s a lot of work to be done in making the experience easier on both the employers and applicants. For my life goals, I want to build really cool stuff and create a lot of value for the world.’

A good number of pupils across 73 public primary schools will receive educational materials courtesy of Ibadan North Local Government in Oyo State.

This is as the schools are also to benefit from the distribution of school furniture, including desks and chairs as well as board markers and chalks, among others.

Seun Olufade, Chairman of the Local Government, who stated this at the commencement of the distribution of the educational materials worth millions of Naira, held at the Ibadan North Local Government Secretariat, said the move was meant to encourage students in their educational pursuit.

He added that it would also assist parents in lessening the burden of giving education to their wards, commending Governor ‘Seyi Makinde for his support.

The chairman maintained that the items to be distributed include 800 seats and desks, packs of chalk and board markers, 300 school bags and 200 pairs of school sandals. He noted that the effort was aimed at improving the learning environment and easing the challenges faced by pupils and teachers, saying: ‘Well, it is some sort of encouragement to let our students understand and know that education is key and it is very essential.

‘We are preparing them so that they know they are the leaders of tomorrow and also know that they should take their education seriously.

‘As the Executive Chairman of Ibadan North Local Government and a youth as well, I want to say that it is another encouragement for them; that when they face their education squarely, there is nothing in life that they can’t become.

‘This is just about giving back the dividends of democracy. Other local government chairmen have also been doing wonderfully well. Some of them did similar things in the past and I am sure moving forward, others will do it as well.’

Nureni Adeniran, the chairman of the Oyo State Universal Basic Education Board (SUBEB) speaking during the symbolic presentation of the materials, commended Olufade for the initiative.’

Describing it as a monumental effort to strengthen the state government’s drive towards quality education and the eradication of the ‘no-seat’ challenge in public schools, Adeniran noted that the intervention would significantly alleviate the difficulties faced by public primary schools within the Local Government.

President Bola Tinubu on Thursday appointed Joash Ojo Amupitan (SAN) as the new chairman of the Independent National Electoral Commission (INEC), ushering in a new era for Nigeria’s electoral body amid rising calls for reforms.

Amupitan, 58, hails from Ayetoro Gbede in Ijumu Local Government Area of Kogi State. A professor of law at the University of Jos and an alumnus of the same institution, he specialises in Company Law, Law of Evidence, Corporate Governance, and Privatisation Law. He became a Senior Advocate of Nigeria in 2014.

His appointment comes at a critical period of Nigeria’s democracy, following widespread criticism of the 2023 general elections. The polls were marred by controversies over result transmission failures, logistical delays, and allegations of partisanship. Recent off-cycle gubernatorial elections have also faced similar challenges.

Mahood Yakubu, former chairman, introduced several reforms during his 10-year tenure in office, including Bimodal Voter Accreditation System (BVAS) and the INEC Result Viewing Portal (IReV), but the success of these devices appears to be derailed by politicians who have mastered how to manipulate the devices, throwing recent elections into chaos and disputes.

A recent example was the Edo State governorship election, where disputes arose over the collation of results at the state headquarters, rather than the designated local government collation centres.

With the 2027 general election approaching, public confidence in the commission remains low. Political party defections, early campaigns, and heightened tensions have further put INEC under pressure to show neutrality and independence.

Public trust in elections

Stakeholders say the immediate task before Amupitan is to rebuild public trust and restore confidence in the electoral system.

‘The former chairman started well, especially with the technological innovations but politicians later defeated him to his game. Our electoral system need total overhaul,’ Temitope Musowo, public policy expert and lecturer, told BusinessDay.

‘Amupitan must assess the performance of technology in the conduct of elections in Nigeria and see where there are lapses to improve the system.

‘It is either he is ready to work or he should decline the offer. A lot of people don’t want free and fair election in Nigeria because they are not popular,’ he noted.

According to him, the new chairman must immediately show Nigerians that he is not a political appointee but a servant of the constitution and must work for Nigerians.

Similarly, Amina OJei, political analyst at the Centre of Electoral Reforms, called for immediate reforms in INEC, saying that they must be swift, inclusive, and transparent.

‘INEC must lead the charge in collaborating with the National Assembly and the civil society to close legal loopholes that enable malpractices,’ Ojei said.

Experts also expect Amupitan to drive amendments of the Electoral Act, particularly in areas dealing with result collation and electronic transmission.

‘Strengthening electronic transmission from polling units will promote transparency and accountability,’ said Kunle Okunade, another political analyst. ‘That’s how to rebuild public trust in our electoral process.’

Source of funding for INEC should change

Many stakeholders say that any move to give INEC autonomy must start with its source of funding. There are reports that the commission activities have been affected by limited funding recently. Such was seen in the 2023 poll where not all the money budgeted for the general election was released by the executive.

Speaking some days ago at a webinar on electoral reform, Obiageli Ezekwesili, former education minister, had called for urgent financial and operational autonomy for INEC to function effectively, saying that the electoral body should be funded directly from the consolidated fund.

Challenge of restoring faith in BVAS and IReV

With technology now central to Nigeria’s electoral process, the new chairman faces the challenge of restoring faith in BVAS and IReV, both of which experienced significant malfunctions during previous elections.

Pundits say digital integrity, cybersecurity, and operational reliability will be critical in the 2027 general election.

Ezekwesili had demanded the strengthening of the results collation mechanism, change in the procedure for the appointment of INEC commissioners, strong penalty against electoral offenders, among other reforms, ahead of 2027.

She had called upon the National Judiciary Commission to discipline judges who undermine the electoral system by giving frivolous rulings and colluding with politicians.

‘Case exceeding the timeline should not be allowed. We need specialised courts for election cases in Nigeria urgently and judges should be randomly picked for these cases to check manipulation,’ Ezekwesili said.

Youth disillusionment, poor voter turnout

The 2023 elections witnessed a surge in youth voter registration, driven mainly by political movements on social media.

However, post-election surveys indicated a wave of disillusionment among young Nigerians, many of whom felt their votes did not count.

Voter turnout has been in steady decline in Nigeria over the last decade, and there are fears it would will be worse in 2027.

Political analysts say Amupitan must rise to restore Nigerian youths’ confidence in the electoral system, which will be key to increasing voter turnout in 2027.

‘To gain youth confidence, the election umpire at this moment needs to work on the human and material logistics during the election day,’ Okunade noted.

Katsina State Government has signed two Memoranda of Understanding (MoU) with Revive, a Belgian-based international Non-governmental organisation (NGO), to provide medical services and training focused on breast and cervical cancer treatment for women in the state.

The partnership will see a team of 25 medical professionals visit Katsina for two weeks to provide medical services, conduct diagnoses, and train local healthcare workers.

Speaking on the partnership during the delegation visit to Belgium, Musa Adamu Funtua, commissioner for Health, said the partnership aimed at combating breast and cervical cancer among women in the state.

‘We are committed to ensuring that our women have access to quality healthcare services, and this partnership is a testament to our government’s dedication to improving the health and well-being of our citizens,’ the commissioner said.

Speaking on the partnership, the wife of the Governor, Fatima Dikko Radda, expressed profound satisfaction with the MoU, describing it as a game-changer for women’s health in Katsina State.

‘This collaboration is deeply personal to me because I have witnessed firsthand the devastating impact of breast and cervical cancer on our women. Many suffer in silence due to lack of access to early detection and treatment. This partnership with Revive will change that narrative by bringing world-class medical expertise directly to our women,’ Fatima Radda stated.

She commended Governor Dikko Umaru Radda for his unwavering commitment to healthcare development and pledged to continue chasampioning initiatives that improve the health and well-being of women and children across the state.

‘As a mother and advocate for women’s welfare, I am committed to ensuring that no woman in Katsina State dies from preventable diseases. This medical mission is just the beginning, and I call on all women to take advantage of this life-saving opportunity,’ she added. In her remarks, Hadiza Yar’adua, the Commissioner for Women Affairs, stated that three medical oncologists from Katsina will also travel to Belgium for hands-on training at a leading teaching hospital. Yar’adua disclosed that the delegation, which included Dr. Gadafi (Oncologist), Dr. Aliyu (Medical Director, Primary Healthcare Katsina), and Aisha Mukhtar (SSA to the Governor’s wife), visited Belgium last week to engage with the Board of Directors and medical professionals of Revive.

She noted that the collaboration focuses on women’s health, particularly breast and cervical cancer, which affects one in every ten women.

‘This partnership represents another milestone in our continuous effort to promote preventive healthcare, strengthen medical capacity, and ensure that women have access to quality and lifesaving services,’ Yar’adua stated.

The Commissioner for Women Affairs noted that over the past two years, the Radda administration has made significant investments in the health sector, upgrading Primary Healthcare Centres across all 361 wards and equipping hospitals with modern medical facilities.

‘The next step in this progress is to invest in our human capital by strengthening the capacity of our medical professionals and building strategic partnerships that can bring lasting impact,’ Yar’adua emphasised.

The partnership is expected to strengthen Katsina State’s capacity to combat women’s cancer and improve overall healthcare delivery across the state.

Futurex, a global leader in enterprise-grade data encryption solutions, has partnered with Spire Solutions, the Middle East and Africa’s (MEA) cybersecurity and value-added distributor, to deliver cutting-edge encryption and key management solutions tailored for the region’s banking and telecommunications sectors.

This collaboration aims to address the escalating demand for secure, scalable, and compliance-driven cybersecurity solutions in two of the region’s most critical industries. The partnership leverages Futurex’s advanced CryptoHub platform, a unified data protection solution that surpasses traditional Hardware Security Modules (HSMs) by offering cloud-ready, high-performance encryption and key management.

Combined with Spire Solutions’ deep regional expertise and extensive network, the tie-up is poised to empower banks and telecom operators to meet stringent compliance requirements, accelerate cloud adoption, and safeguard sensitive data against rising cyber threats.

The Middle East’s cybersecurity market is projected to grow from $16.75 billion in 2025 to $26.04 billion by 2030, fueled by rapid digital transformation in banking and telecom, alongside regional initiatives like Saudi Arabia’s Vision 2030 and the UAE’s National Cybersecurity Strategy. These sectors face unique challenges, including compliance with frameworks such as Saudi Arabia’s SAMA Cybersecurity Framework and the UAE’s NESA guidelines, as well as the Kingdom’s Personal Data Protection Law (PDPL).

Additionally, the rise of FinTech and increasing sophistication of cyberattacks, including nation-state and financial threats, underscore the need for advanced encryption strategies.

Speaking on the new partnership, John Doley, VP sales, Middle East, Futurex said, ‘Futurex has made significant investments in building a local presence, partnerships, and data center availability in Dubai and Abu Dhabi.

‘Teaming up with Spire Solutions gives us an added advantage, allowing our world-class encryption and key management solutions to reach Middle Eastern enterprises with the support of local expertise and extensive regional reach. With enterprises demanding faster, more scalable, and compliance-ready security solutions, we help organizations secure their data, accelerate cloud adoption, and thrive in one of the world’s fastest-growing cybersecurity markets.’

Futurex’s unified data protection platform, CryptoHub, is the fastest and most scalable solution in the world, designed to go beyond traditional HSMs. Unlike other industry offerings that cobble together multiple crypto functions via acquisitions, Futurex’s cloud-ready CryptoHub solutions removing complexity and cost while accelerating enterprise cloud adoption and compliance.

By bringing our cloud HSMs into the region, we enable customers to meet strict data sovereignty requirements, boost performance by reducing latency, and while reducing the cost and overhead of owning and maintaining standalone solutions, all while accelerating secure enterprise cloud adoption.

‘Digital transformation in the Middle East is accelerating, and enterprises can’t afford to compromise on security. We are proud of this partnership with Futurex which brings cutting-edge encryption and key management solutions to the region.

‘It not only meets today’s compliance and data sovereignty requirements but also prepares enterprises for future challenges, from post-quantum cryptography to accelerated cloud adoption. Together, we are strengthening the region’s cybersecurity ecosystem, empowering organizations to operate securely, confidently, and at scale while setting a new standard for protecting their valuable data,’ said Syed Quadri, Chief Operating Officer, Spire Solutions.