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₦8 Billion internet fraudsters – .

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that Nigeria lost ₦8 Billion to internet fraudsters also known as Yahoo-Yahoo boys in 9 months.

Olukoyede who revealed this in an interview with newsmen, stated that internet fraudsters robbed banks of ₦8 Billion.

He narrated how cybercrime has hurt companies and its negative effects in attracting direct foreign investment for the country.

The EFCC Chairman further stated that no fewer than 71 percent of companies operating in Nigeria were victims of cybercrime in 2022 even as he argued that the Commission’s war against internet fraud is about safeguarding the country’s future.

“In 2022 alone, I’m waiting for the report of 2023, we discovered that more than 71 percent of Nigerian industries, companies and firms fell victim to cyber crime. Now, which country or company would thrive with this kind of thing?

“You want to attract foreign direct investment; the moment you come in, Yahoo boys will attack your platform. You start losing money and you think they would stay?

“Is that not what we are seeing? We are rescuing the future of Nigeria by going into this cyber crime investigation and prosecution,” Olukoyede said.

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398 Graduate Trainees Inducted Into UBA Across Africa – Lifestyle Nigeria

Africa’s Global Bank, United Bank for Africa (UBA), held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where 398 young Africans were inducted into the UBA Tribe after a rigorous six-month hands-on-work and learning experience.

The event, which was held in a grand ceremony in Eko Hotel, Lagos on Thursday, was graced by esteemed guests, the UBA management, faculty members, mentors, and the graduating class.

The graduands are from six African countries, including Nigeria, Ghana, Cameroun, Kenya, Tanzania and Zambia.

Addressing the gathering, UBA’s Group Chairman, Tony Elumelu, who congratulated all the graduates, expressed profound pride and admiration for their success having completed the intense capacity-building programme, combining learning with on-the-job training experience, garnered while rotating across several departments and units in the bank.

Elumelu took time to highlight the bank’s passion for youth empowerment in Africa, while bridging the unemployment gap, which according to him, remains one of the greatest challenges of the continent.

“For me these young UBA Graduates are a testament to who we are: a truly pan-African Group, that invests in African talent.This milestone is more than just numbers. It signifies UBA’s commitment to youth empowerment. Unemployment is the greatest challenge we face – a tragic and cruel betrayal of a generation. We know governments alone cannot create all the jobs we need – so it is up to us, the African private sector, to partner our government in improving lives and livelihoods. This is Africapitalism, and it is gratifying to see UBA play its part. UBA is dedicated to creating a positive impact, through the GMAP programme UBA is creating employment, boosting economic growth, and transforming lives across Africa,” Group Chairman said.

Continuing, he said, “At UBA, identifying these young ones, bringing them to the centre, training them, equipping them for the future and the task ahead, not just for a career in UBA, but wherever they end up remains our passion, because this is how we play our role as a Pan-African bank, in helping to empower the next generation, which is the African youth. We are helping to create employment and this for us is our driving force.”

Earlier in his speech, UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, commended the graduating class for their unwavering commitment and emphasized the program’s role in cultivating the next generation of UBA leaders.

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How I Was Begged To Be Obaseki’s Deputy – Shaibu

Lifestyle Nigeria gathered that Immediate past deputy governor of Edo State, Philip Shaibu, disclosed his mind to ADEYINKA ADEDIPE, on his impeachment, and his next move ahead of the forthcoming governorship election, among other issues

When you accepted to be Governor Godwin Obaseki’s running mate, did you envisage that things could end this way?

I envisaged that things would end this way and that things were not going to be fine. That was why I was the last person within our group to accept Obaseki when Comrade Adams Oshiomhole put him forward. Out of respect for Oshiomhole, I accepted. We were also told that he was coming in with private-sector ideas and that there was likely going to be a recession which we would need Obaseki to help us battle. But I warned that this man was going to destroy the house, and it eventually happened.

When I was nominated to be Obaseki’s running mate, I was not interested but people in our team like Chris Okaeben, Washington Osifo, Larry Aghedo, Andrew Momodu, and Abbas Braimoh and other young people came to talk to me to accept the offer. They said if I refused the offer, we (the young people) would not have a representative in the government. I accepted reluctantly but I told them that I see a fight in the future. The first year was full of tension but Comrade (Oshiomhole) and his former deputy, Pius Odubu, told me that the government had just started and that I had no choice. Comrade told me I had to be loyal to the governor and that I was at his mercy. That was when I knew something would go wrong.

How did you think you could navigate the impending problem you predicted?

First, I told my wife that we were not going to live in the Government House but in our private residence so that when there was a fight, I wouldn’t be told to pack my things out of the Government House because it would be disgraceful. She asked me why I felt that way, and I told her I had a premonition that all would not be well. My wife said we should pray about it, but seven years later, what I predicted happened. Imagine looking for vehicles to pack our belongings out of the Government House. My office was relocated out of the Government House which was the only thing connecting the governor and me. I am happy that my office was only relocated out of the Government House.

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Attack On Nurse: Lawmakers Mandate Committee To Regulate Masquerades – Lifestyle Nigeria

The Enugu State House of Assembly has established an ad-hoc committee to develop practical measures for regulating masquerade activities in the state in a move that has apparently been triggered by the recent attack on a nurse in Nsukka.

. reports that this move follows the recent brutal assault on a female nurse, Ms. Blessing Ogbonna, by masquerades in Ihe-Owerre, Nsukka Local Government Area. The incident sparked widespread condemnation and outcry from the public, both within and outside the state.