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Sterling Convenes Technology’s Brightest For Improved Cybersecurity

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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.

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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.

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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.

 

Photo caption:
From Left to right: Mr. Tunji Andrews, Mr. Olayinka Oni, Chief Technology Officer, Sterling Bank Limited; Mr. Aminu Maiga, Executive Director, Nigeria Inter-Bank Settlement System Plc; Mr. Mayowa Owolabi, Uniswitch and Mr. Dotun Oyekunle, Senior Vice President, Flutterwave at Sterling Thought Leadership Series on the State of FI Consumer Security held in Lagos recently.

 

The post Sterling Convenes Technology’s Brightest For Improved Cybersecurity appeared first on Jomog.

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Education

1ST NIGERIAN TERTIARY INSTITUTIONS CONFERENCE ON UN SUSTAINABLE DEVELOPMENT GOALS (SDGS) ESSAY COMPETITION

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The 1st Nigerian Tertiary Institutions Conference on UN SDGs presents the SDG Youth Essay Competition, offering undergraduates in Nigerian tertiary institutions a chance to contribute to the discussion on achieving SDG4, Quality Education.

Competition Overview:

1st Nigerian Tertiary Institutions Conference on UN Sustainable Development Goals (SDGs) Essay Competition

The SDG Youth Essay Competition offers a grand prize of N1 million for the top three winners, along with free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.

Competition Requirements:

1. Eligibility:

   – Open exclusively to undergraduates in Nigerian tertiary institutions.

2. Entry Guidelines:

   – Topic:The Role of Students in Attainment of SDG4

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   – length: Essays should be 1500 words.

   – Entry Period: Thursday, February 1, 2024 – Thursday, February 29, 2024

   – Referencing: APA Style (6th Edition).

   – Font: Times New Roman, 12-point font size.

   – Documentation: Typed in 1.5 line spacing, MS Word format only.

   – Plagiarism: Only original content is accepted; plagiarized entries will be disqualified.

Benefits:

– Prizes:

  – 1st Prize: N500,000

  – 2nd Prize: N300,000

  – 3rd Prize: N200,000

– Winners will also receive free sponsorship to attend the 1st Nigeria Tertiary Institution Conference on Sustainable Development Goals (SDGs) in April 2024 in Abuja.

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Required Documents:

– Student’s Institution ID Card

– Copy of Student’s Admission Letter

– One recent passport-size photograph

– WhatsApp telephone number and email address

Application Procedure:

– All entries and submissions (essay and required documents) should be scanned and sent to nigeriaessay@sdgyouth.org before the deadline.

For Further Inquiries:

– Call: 08068931151, 08133846739, 07067772964

– Email: nigeriaessay@sdgyouth.org

Deadline: February 29th, 2024

Don’t miss this opportunity to contribute to achieving SDG4 and win exciting prizes. Submit your entry and required documents before the deadline. For any inquiries, feel free to contact them via phone or email.

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Education

PENTAGON PARTNERS NATIONAL ESSAY COMPETITION FOR UNDERGRADUATE LAW STUDENTS

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Are you an undergraduate law student in Nigeria eager to explore the intersection of law and Artificial Intelligence (AI)? Pentagon Partners presents a unique opportunity for 400-level and 500-level undergraduate law students to participate in the National Essay Competition.

Competition Overview:

Pentagon Partners National Essay Competition for Undergraduate Law Students

The National Essay Competition invites undergraduate law students to showcase their expertise and contribute to the discourse on AI, privacy, and data protection. In addition to cash prizes, participants have the chance to intern with Pentagon Partners, gaining valuable hands-on experience.

Competition Requirements:

1. Eligibility:

   – The competition is open to 400-level and 500-level undergraduate law students in Nigerian universities.

2. Essay Requirements:

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   – Length: Essays should not exceed 1500 words.

   – Format: Double spaced, 12pt Times New Roman font.

   – References: OSCOLA format for citations with 10pt font size for footnotes and endnotes.

   – Submission Format: Essays must be submitted in PDF format.

   – Entrant Details: Include full names, school, level, phone number, and email address in both the body of the email and on the last page of the essay.

   – Single Entry: Each entrant is allowed only one submission.

   – Originality: Plagiarism will result in automatic disqualification.

Competition Benefits and Timeline:

1. Prizes:

   – Winner: N200,000

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   – 1st Runner Up: N150,000

   – 2nd Runner Up: N100,000

2. Internship Opportunity:

   – In addition to cash prizes, winners have the exclusive opportunity to intern with Pentagon Partners, enhancing their career prospects.

Application Procedure:

– Interested participants should submit their essays to essay@pentagonpartnerslp.com during the submission period.

– The subject of the email should be the Essay topic

For additional information and updates, visit www.pentagonpartnerslp.com.

Deadline: March 22nd, 2024

Don’t miss this chance to showcase your legal expertise, contribute to important discussions on AI and law, and vie for enticing cash prizes. Pentagon Partners looks forward to receiving your submissions.

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Education

SYSTEMSPECS CHILDREN’S DAY ESSAY COMPETITION (CDEC), 2024

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The SystemSpecs Children’s Day Essay Competition (CDEC) is an annual event aimed at fostering innovative thinking among primary and secondary school students in Nigeria. It provides a platform for young minds to propose technological solutions to national challenges.

Purpose:
Inaugurated in 2020, the CDEC is part of SystemSpecs’ Corporate Social Responsibility (CSR) commitment to promoting capacity development in the Nigerian ICT industry. By encouraging young Nigerians to tackle everyday issues, the competition contributes to intellectual growth and societal progress.

SystemSpecs Children’s Day Essay Competition (CDEC), 2024

Topic:
The theme for the 2024 competition is “Protecting the Nigerian Child from the Dangers of Online Technology.” Participants are tasked with exploring strategies to safeguard children in an increasingly digital world.

Eligibility:
– Open to primary and secondary school students in Nigeria aged 9 to 16.

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– Junior category (ages 9 to 12) essays must not exceed 1,000 words.

– Senior category (ages 13 to 16) essays must not exceed 1,500 words.

Prizes:

– Winners will receive generous rewards, including a high-capacity laptop, premium headphones, a portable laptop stand, a smart wristwatch, and one year of internet data, among other items.

– Consolation prizes will be awarded to other participants.

Application Process:

– Interested candidates should access the application page 

– Essays must be written in English and reflect original thought.

– Each participant is limited to one entry.

– Entries must be endorsed by an accredited school official, parent, or legal guardian.

– Deadline for submissions is April 12, 2024.

Submission Guidelines:

– All submissions must be in PDF format and include the student’s name, home and school addresses, email address, and contact phone number.

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– Double entries will result in automatic disqualification.

– Submissions must be received by March 15, 2024, at 5:00 p.m.

Notification of Winners:

– Successful students and schools will be contacted in the second quarter of the year.

– Updates on winners will be announced on @nercng social media platforms.

The SystemSpecs Children’s Day Essay Competition offers a unique opportunity for Nigerian students to demonstrate their creativity and problem-solving skills. By addressing the theme of online child protection, participants contribute to building a safer and more secure digital environment for all. We encourage eligible students to seize this opportunity and showcase their talent and ingenuity.

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