Tag: Security

United States Flag attached to a building
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US approves $413m for Nigeria, West Africa security

The United States has approved $413 million for counter-insurgency and security operations in Nigeria and other West African countries in the 2026 fiscal year, following the signing of the National Defence Authorisation Act into law in December 2025. The funding is allocated under the budget of the United States Africa Command and reflects Washington’s response […]

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Nigeria, US boost security cooperation with helicopter deal

Officers of the Nigerian Air Force have engaged senior officials of the United States Government and representatives of Bell Textron as part of efforts to fast-track the acquisition of 12 AH-1Z attack helicopters aimed at strengthening Nigeria’s counterterrorism and internal security operations nationwide. The engagement took place during a Programme Management Review meeting led by […]

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Tinubu reaffirms commitment to state policing, security in 2026

President Bola Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s security architecture in 2026 through deeper collaboration with regional and global partners, alongside reforms aimed at confronting terrorism, banditry and other emerging threats. The President made this known in his New Year’s address to the nation on January 1, where he said security and […]

EU to criminalize AI-generated porn images, deepfakes
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European Union to deepen security ties with Nigeria

The European Union and Nigeria are taking steps to further cement their existing relations through enhanced defence engagement, as part of broader efforts to address Nigeria’s evolving security challenges. This was disclosed on Wednesday, when the EU Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot, paid a courtesy visit to the Chief of Defence Staff, […]

Nigerian startup Terrahaptix clinches $1.2m security deal, beats Israeli rival
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Nigerian startup Terrahaptix clinches $1.2m security deal, beats Israeli rival

Nigerian autonomous systems startup Terrahaptix has secured a $1.2 million contract from private security firm Nethawk Solutions, edging out competition from an Israeli company to land the five-year deal. Under the agreement, Terrahaptix will deploy its AI-powered drones and solar-powered sentry towers to bolster security at two hydroelectric power plants in Nigeria, targeting regions plagued […]

OPay launches security features to secure clients' funds
Business

OPay launches security features to secure clients’ funds

Nigerian financial technology company, OPay, has introduced a number of security measures to combat financial fraud. The PUNCH reported that according to the corporation, the program aimed to improve platform security and protect clients from fraudulent actions. OPay stated that it was recently recognized by the World Economic Forum and given the customer choice award by […]

SEC to enforce stricter regulations for digital assets
Business

SEC permits security dealers to create digital platform

The Securities and Exchange Commission has granted the National Association of Securities Dealers permission to start implementing its Digital Securities Platform as part of the Regulatory Incubation initiative. NASD Plc is an Over-the-Counter securities exchange that enables trading of all securities of unquoted firms, especially in Nigeria. The SEC created the Regulatory Incubation program to meet the […]

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Business News

China raises defence budget by 7.2%

China will raise its budget on defence by 7.2% this year in a bid to enhance preparedness and build the nation’s security capacity.   Reuters reported that the increase is slightly more than that of last year at the same time faster than the government’s modest economic growth forecast.   It was also raised owing […]