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Sterling convenes technology’s brightest for improved cyber security

Lagos, Nigeria: Sterling Financial Holdings Company is actively driving collaboration and partnerships with regulators, infrastructure providers, operators, and other financial services providers to bolster the security of the Nigerian consumer and improve the safety of the financial ecosystem.
Olayinka Oni, Executive Director and Group Chief Operating Officer of Sterling Financial Holdings, issued this during his commencement speech at the recently held Sterling Thought Leadership Series for Information Technology, themed The State of FI Consumer Security. The session took place in Lagos and was attended by heads of information technology and security teams from banks, fintechs, consultancy firms, industry infrastructure providers and regulators such as KPMG NIBSS, Flutterwave, Wema Bank, Uniswitch and many more prominent players.
The event featured a keynote speech from KPMG, with two panel sessions on “Predicting The Future – Preparing For The Future of Cybercrime In The Age of AI” and “Securing The Consumer: Strengthening Partnerships Between Operators & Law Enforcement”. The first panel featured the Executive Director of the Nigerian Inter-Bank Settlement System (NIBSS), Aminu Maina, SVP at Flutterwave, Dotun Adekunle, Mayowa Owolabi of Uniswitch, with founder of AWABAH and renowned media personality, Tunji Andrews anchoring.
In his address, Oni said: “This session, which will be the first of many,will seek to enhance our collective knowledge and inspire collaborative endeavors aimed at fortifying the digital realm, especially as an increasing number of customers turn to digital channels for value delivery.”
He underscored how this platform facilitates the exchange of ideas among thought leaders, challenges traditional norms, and charts a course toward a more secure digital environment, further describing the event as a platform to anticipate the evolving threats, adapt strategies, and promote a safer digital world marked by technological advancements and heightened cyber threats.
Oni continued by saying that, “This gathering represents a convergence of ideas, experiences, and visions that will drive advancements in securing the digital finance industry as our contributions and eventual decisions will have a direct impact on consumer rights, trust, and the continuity of our businesses.”
He concluded by saying that every organization participating directly acknowledges the evolving threats faced by operators and thought leaders in this space, and that their presence and contribution shows that they view themselves as more than just service providers, but custodians of monetary value and trust.
In a keynote address, Mr. John Anyanwu, Partner and Head of the Cyber Unit arm of KPMG Nigeria’s Risk Consulting, discussed “Strengthening the Customer and Preparing for the Emerging Digital World” by noting that disruptive technologies were already more prevalent and rapidly transforming every aspect of the world.
Anyanwu pointed out that this transformation was driven by the imperative to meet customer expectations, provide personalized and empathetic experiences, offer a unified integrated experience and anticipate issues before they arise, underscoring how these developments ultimately added value by increasing revenue, enabling faster onboarding and activation, personalizing pricing, improving customer acquisition, enhancing customer experience and loyalty, optimizing distribution and servicing channels and fostering the growth of new products and services.
However, Anyanwu cautioned that despite the numerous benefits of adopting the latest technologies, it also brought risks and concerns, including infrastructure vulnerabilities, data privacy, fraud risks, third-party risks and the need for education and awareness.
He emphasized the need for collaborative efforts among operators to address these concerns through initiatives such as cybersecurity education and awareness, cyber resilience, third-party risk management and safeguarding customer data privacy.
Outcomes of the session will include a communique that captures the submissions of the panellists and participants which will serve as the basis for the continued engagement with key stakeholders and shape policy for the delivery of service through digital channels for the financial services sector.
Sterling has maintained impressive momentum in 2023 with her citation as Africa’s Most Valuable Commercial Bank Brand for 2023 in a poll conducted by GeoPoll and Kantar for African Brand Magazine, has been named a top three employer in Nigeria by LinkedIn in the social network’s Top 25 List for 2023, and has featured on the prestigious list of the 100 fastest-growing companies in Africa for 2023, as published by the globally recognized Financial Times.
Renowned for its irreverent brand voice and enviable talent management practices, Sterling recently received three citations for Company Leadership Gender Diversity, Gender Diversity in Supply Chain, and Family-Friendly Workplace as bestowed by the International Finance Corporation (IFC) and the Nigerian Exchange (NGX) at the Gender Leader Awards 2023.
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Anambra again: Gunmen kill family of four in Nnewi

A man, his wife and two children have been killed in one attack in Nnewi North Local Government Area of Anambra State.
The victims, identified as Ifeanyi Okeke and his family members, were shot dead in their home in the shocking incident.
According to eyewitnesses, the gunmen invaded the Okeke’s residence, shooting and killing Ifeanyi, his wife, and two of their children.
The motive behind the attack is yet to be ascertained, leaving many questions unanswered and sparking widespread fear and anxiety in the community.
The Anambra State Police Command has confirmed the incident and launched an investigation to unravel the circumstances surrounding the killings.
“We are investigating the incident and working to apprehend the perpetrators,” said the Police Public Relations Officer, DSP Tochukwu Ikenga.
The incident has sparked widespread condemnation, with many calling for increased security measures to protect lives and property in the state.
“This is a heinous crime, and we must work together to ensure that those responsible are brought to justice,” a community leader noted.
The community is in shock and mourning, with many residents paying tribute to the victims and expressing sympathy for their loved ones.
“We are shocked and saddened by this incident. We demand increased security measures to protect our lives and property,” said another resident.
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Gov Ododo: Kogi not under seige

Governor Usman Ododo of Kogi State has reiterated its unwavering commitment to ensuring the safety and security of lives and property across the state, declaring that it is not paying lip service to the security of its people.
Addressing the media in Lokoja on Friday, the Commissioner for Information and Communications, Kingsley Fanwo, said the administration of Governor Ahmed Ododo has taken concrete steps to deal decisively with insecurity, stressing that the state is not under siege and will not be.
Fanwo acknowledged security concerns in parts of Yagba land, particularly in Yagba West, but assured citizens that the situation is being carefully and silently managed to avoid escalation.
“We are managing the fine line between urgency and the need to tread softly in order not to compound the situation. Government is on top of the matter, and our interventions are guided, targeted, and strategic,” he said.
Fanwo also addressed concerns over alleged threats to some churches in Yagba East, noting that Governor Ododo has ordered thorough investigations to verify the claims.
“Security has not broken down in any part of Kogi and will not break down. We have reached an advanced stage of collaboration with national security structures to neutralise every threat to peace and stability in our state,” he emphasised.
The Commissioner commended local security structures such as the Okun hunters and other grassroots security outfits for their vital role in maintaining peace and order.
“These community-based efforts are critical to our overall strategy, and His Excellency has given the State Security Adviser a marching order to deepen community push-back mechanisms against insecurity,” Fanwo revealed.
He explained that government intelligence has pinpointed the location of certain criminal elements, but cautioned that operational plans are being meticulously executed to avoid collateral damage.
“These criminals are hiding behind innocent Nigerians, many of whom have been kidnapped from Kogi and other states. Our mission is to secure our people without endangering the lives of innocent victims,” he said.
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Criminal charges: Lawyers ready to defend Natasha with ‘factual evidence ‘

The legal team of suspended Kogi Central Senator, Natasha Akpoti-Uduaghan, say they are ready with factil evidence to defend her in court.
The team received a formal summons in the case filed against her by the Federal Government at the Federal Capital Territory High Court last week.
On Friday, May 16, 2025, the Federal Government filed the suit, marked CR/297/25, over alleged defamatory remarks made during a live appearance on Channels Television’s Politics Today on April 3, 2025.
The government accused the senator of “making imputation knowing or having reason to believe that such imputation will harm the reputation of a person”, citing Section 391 of the Penal Code, cap 89, Laws of the Federation, 1990.
Among the witnesses listed to testify during the trial were Senate President, Godswill Akpabio, and a former governor of Kogi State, Yahaya Bello.
Others include Asuquo Ekpenyong, a senator; Sandra Duru; Maya Iliya, investigating police officers; and Abdulhafiz Garba, investigating police officers.
However, in a statement issued Friday night by Dr. Ehiogie West-Idahosa (SAN) on behalf of the legal team, Akpoti-Uduaghan’s lawyers confirmed receipt of the formal summons and pledged to prepare all “factual and statutory defences” available to the lawmaker during trial.
“At about 2:30pm on Friday, May 23, 2025, within the premises of the Federal Capital Territory High Court, Abuja, we received the information filed by the Director of Public Prosecutions, containing three counts alleging that our client, Senator Natasha Akpoti-Uduaghan of Kogi Central, made imputations she had reason to believe would harm the reputation of Senator Godswill Akpabio, President of the 10th Senate,” the statement read.
“We received the said information on her behalf through a letter of authority duly issued and filed in the court’s registry.
“The legal team will fully prepare and present all factual and statutory defences available to our client during the trial.”
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