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DSS Drags 19-Year Old Girl To Court Over Cyber Stalking
The Department of State Security (DSS) has dragged a 19-year old girl, Miss Charlotte Delhi, before the Federal High Court sitting in Yenagoa over alleged involvement in the sharing of the nude video of a former Permanent Secretary of the State Ministry of Education, Dr. Walton Liverpool, on the social media.
The Tide learnt that the intent was to extort N15 million from the former Permanent Secretary.
The DSS, in suit number FHC/YNG/33C/2021, filed a one-count charge against the defendant, alleging that she engaged in cyber stalking with intention to blackmail, contrary to section 24 (2)c and punishable under subparagraph (b) of the cybercrime (prohibition , prevention etc) Act, 2015.
”That you, Charlotte Delhi on the 14th day of September, 2021 in Yenagoa committed the offence within the jurisdiction of this honorable court for the purpose of extorting the sum of N15 million from Dr. Walton Liverpool”, the charge read.
The charge further revealed that the suspect intentionally posted a video showing the naked appearance of the victim on a WhatsApp group tagged “Off Liverpool” with a Iphone7 plus mobile phone and GSM. No. 08084267342″.
Miss Delhi, however, pleaded not guilty to the charge.
Both the prosecution and defence counsels disagreed on the issue of application of bail but agreed that the trial should be made to enjoy accelerated hearing.
Though the prosecution counsel and Principal Legal Officer of the DSS, Barr. Victor Uchendu, admitted that the defence counsel handed him the application for bail process, he said the key witness to the case was not in good health condition and therefore, sought for adjournment.
“I was served the bail application two hours before the court sitting and there was no time for me to study the weighty allegations”, he said.
On his part, the defense counsel, a former Attorney-General of Bayelsa State, Barr. A.S. Arthur, argued that the defence team would have loved the presiding judge to hear the application for bail based on the age and gender of the defendant, claiming that the defendant has been in detention for over 13 days and that the DSS has denied her access to her lawyers.
The presiding judge, Justice Isa Dashen, however, adjourned the case to Thursday, October 21, 2021 for hearing.
The court also ordered that the defendant be remanded in the State Correctional Centre in Okaka.
The Tide, however, gathered that the claim by the defendant that she is 17 years old is false as her birth certificate shows that she was born on October 10, 2002 which makes her 19 years old against her claim of 17 years.
By: King Onunwor
Ict/Telecom
Technology, Others Responsible For Nigeria’s Bonga Oil Operations
The Managing Director, Shell Nigeria Exploration and Company Limited (SNEPCo), Elohor Aiboni, said Bonga, Nigeria’s first deep-water asset, has recorded major milestones, due to effective leadership, cutting-edge technology, continuous improvement and collaboration with stakeholders.
She noted that since coming on stream in November 2005, Bonga has maintained a track record of production that saw it achieve one-billion-barrel export on February 13, last year.
In her presentation, titled “The Bonga Journey to a Billion Barrels”, at the ongoing 2024 Offshore Technology Conference in Houston, Texas, United States, Aiboni, said: “SNEPCo is grateful for the contributions of all the parties to the Bonga story and we can all be proud of the milestones.
“Bonga has been consistent. In 2014, nine years after coming onstream, it achieved half a billion barrels of crude and doubled it in 2023. We have worked relentlessly to ensure excellent asset management, project and wells delivery and deployment of technology and innovations in our operations”.
According to her, these factors, “coupled with the supportive partnership of the Nigerian National Petroleum Company Limited and our co-venturers – TotalEnergies, EP Nigeria Limited; Nigerian Agip Exploration; and Esso Exploration and Production Nigeria Limited, make Bonga stand out as a world-class investment case”.
She continued that, “SNEPCo also enjoyed the support of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Content Development and Monitoring Board (NCDMB) in the success of Bonga operations”.
Aiboni also listed the challenges of keeping the Bonga Floating Production, Storage and Offloading vessel full as the asset ages and dealing with unexpected developments with subsea wells and equipment.
She said: “SNEPCo responded with a campaign of operational excellence, which among other initiatives, led to the creation of a programme known as the Bonga Business Improvement Plan that continually reviews and identifies improvement initiatives and drives sustainability in operations and upskilling of staff.
“The Bonga success story has been led by Nigerians who have been managing directors of SNEPCo since it was established in 1993, in a deliberate policy by Shell to develop indigenous manpower for deep-water operations in Nigeria.
“Today, some 97percent of the SNEPCo workforce is Nigerian and overall, Bonga has helped to create a new generation of Nigerian deep-water professionals.
“Our vision at SNEPCo remains to be the best deep-water business, powering growth and achieving net zero emissions in line with Shell’s Powering Progress strategy”.
Ict/Telecom
Banks Cut Borrowing From CBN By 44%
Banks’ borrowings from the Central Bank of Nigeria (CBN) fell month-on-month, (MoM) by 44 percent to N12.16 trillion in April from N21.7 trillion in March.
Analysis of latest data from the CBN shows that the 44percent drop represents the first MoM decline in banks borrowing from since January when it increased by 268.7 percent to N3.6 trillion from N976.29 billion in December 2023.
However, further analysis showed that banks’ deposits in the CBN SDF grew MoM by 118.4 percent to N428.97 billion in April from N196.37 billion in March 2024.
Banks make use of the SLF to access liquidity to run their day-to-day business operations while the Standing Deposit Facility window (SDF) on the other hand, is an overnight deposit facility that allows banks to lodge excess liquidity (money) with the CBN and earn interest.
The decline in banks’ borrowing from SLF may reflect an increase in banking system liquidity and also the decision of the apex bank last year to remove the limit on the remunerable daily placements by banks at the SDF.
According to the CBN Governor, Mr. Olayemi Cardoso, the CBN removed the cap on the remunerable SDF to increase activity in the SDF window and manage liquidity.
Ict/Telecom
Expert Highlights Technology Impact On Fintech Industry Growth
A Financial technology expert, Olatunji Akinrinola, has highlighted the exponential growth of the FinTech industry, which according to him, was driven by technological advancements.
Akinrinola made this assertion in a press release recently, where he stressed that the role of technology in driving this exponential growth in the FinTech sector was very outstanding.
According to him, Technology has revolutionised the way financial services are delivered, making them more accessible, efficient, and inclusive.
“Through innovations such as mobile banking, digital payments, and blockchain technology, FinTech companies have been able to reach a larger population and provided them with access to financial services”, he stated.
Akinrinola emphasised the role of technology in enabling financial inclusion, adding: “Technology has democratised access to financial services, particularly in regions with limited banking infrastructure.
“Mobile money platforms and digital wallets have empowered individuals to conduct financial transactions conveniently and securely, without the need for traditional banking services”.
He also underscored the role of Artificial Intelligence (AI) and data analytics in driving innovation within the FinTech industry, noting: “AI-powered algorithms and predictive analytics have revolutionised risk assessment, fraud detection, and customer personalisation in financial services.
“These technologies enable FinTech companies to provide tailored solutions and mitigate risks more effectively, ultimately enhancing the overall customer experience”.
Akinrinola stressed the importance of regulatory frameworks in fostering the growth of the FinTech industry.
“While technology has accelerated the growth of FinTech, it is essential to establish robust regulatory frameworks to ensure consumer protection and maintain market stability. Regulators play a crucial role in balancing innovation with risk management, thereby creating a conducive environment for the sustainable growth of the FinTech sector”, he stated.
Akinrinola underscored the role of technology in driving the exponential growth of the FinTech industry, saying, “Technology has been a game-changer for the FinTech sector, enabling innovation, expanding access to financial services, and driving economic growth.
“As technology continues to evolve, the FinTech industry will undoubtedly play a significant role in shaping the future of financial services ecosystem”.
Corlins Walter