The Federal Highway Safety Commission (FRSC) says it has significantly reduced the number of road traffic accidents (RTCs) from 28,215 in 1987 to 13,027 in 2021, which is a 54 percent reduction.
FRSC Corps Marshal Dr. Boboye Oyeyemi said this during the agency's 34th anniversary dinner and awards ceremony in Abuja.
Oyeyemi said that before the commission's establishment in 1988 there was an alarming rate of traffic accidents due to increased vehicle density on the roads.
He said the government had to take proper action as Nigeria was considered one of the most dangerous countries in the world to drive a vehicle.
“Today, I am glad that traffic accidents have gone down by looking at the percentage reduction from what it used to be years ago,” he said.
Oyeyemi said that FRSC became one of the few public service organizations in Nigeria to obtain ISO 9001:2008 certification in 2013, adding that it upgraded to ISO 9001:2015 in 2019 as a testament to its excellent service delivery during last three decades.
He said the commission had just been recertified to ISO 9001:2015 in January in line with its commitment to continually improve its mode of operation.
“It is worth mentioning that the recertification was obtained consecutively, a testament to a highly motivated workforce.
“In its contribution to the management of road safety in Africa, the Corps advocated the establishment of the West African Road Safety Organization (WARSO).
"The Corps will continue to support other African countries in achieving their stated goals," he said.
The FRSC chief noted that some of the commission's achievements included the establishment of volunteering in the road safety administration through its volunteer arm.
He said that the FRSC also successfully pursued the infusion of road safety studies into the curriculum of primary and post-primary schools in Nigeria.
Oyeyemi also said that the commission introduced the concept of Road Safety Clubs in primary and secondary schools, as well as among members of the National Youth Service.
"These were some of the measures put together to help achieve accident reduction over the years," he said.
Oyeyemi commended the Nigerian Road Safety Association, the International Highway Assessment Program, local and international donor agencies, as well as individuals for their support of the agency.
He noted that the commission had upgraded its critical infrastructure and operational equipment and praised the administration led by President Muhammadu Buhari for its support.
Oyeyemi also praised all the sister agencies that comprise the military and paramilitary organizations for the strong synergy established with the FRSC.
“We are grateful to our many allies and partners who for 34 years extended good hands of fellowship to us in various ways and kept molding and shaping an agency that today is the best example of the Lead Agency in Africa.
“We also owe in part the growth of our equipment, infrastructure and staff capacity building to foreign donors through international cooperation and collaboration.
"Road Safety is a collective responsibility for safer roads, fuller lives," he said.
Interswitch, the African digital commerce and payment solutions company, has announced its support for the National Privacy Week 2022 organized by the National Information Technology Development Agency, NITDA.
From January 24 to 28, the week-long activities are themed: "Data Economy in a Digital Economy: Charting Nigeria's Data Strategy."
Griffith Ehebha, Group Risk Director, Interswitch Group, said this in a statement on Wednesday in Lagos.
Mr. Ehebha said that Interswitch remained committed to applying strict measures that keep customers' personal information secure.
“There is no doubt about the existential threat of cyber attacks around the world. In fact, it is reported as one of the top five highest rated risks as attacks become more frequent, targeted, and complex.
“At Interswitch, data protection and regulatory compliance are critical to customer trust and sustainable business growth.
"Our support of NITDA's National Privacy Week stems from our commitment to raising awareness and promoting privacy and data protection best practices," he added.
He said this year's event was the second major awareness campaign after the issuance of the Nigerian Data Protection Regulation (NDPR) in 2019, created to ensure that Nigerian companies are consistent with global standards on data protection. and privacy.
“Driven by the need to ensure data protection standards that keep customer data safe, Interswitch's operations are backed by world-class standards and certifications.
"These include the Payment Card Industry Data Security Standard (PCI DSS), Management System (ISO 27001), Management System (ISO 9001), among others," he said.
National Privacy Week also features other activities, including a health privacy workshop titled 'COVID-19 and Privacy: Navigating Data Privacy Rights in a Pandemic' and data privacy advocacy sessions in high schools. .
There would also be a quiz session to stimulate students' minds on the importance of keeping information safe while browsing digital platforms.
Minister Bholah also dwelled on the scientific and technical aspect of the work carried out by some 25 employees of the Assay Office.PORT LOUIS, Mauritius, January 25, 2022/APO Group/ --
The Minister for Industrial Development, SMEs and Cooperatives, Mr. Soomilduth Bholah, today paid a visit to the Assay Office, at Ken Lee Tower in Port Louis. The purpose of the visit was to show the daily activities of the Office, as well as the services it provides to the public.
The Director of the Assay Office, Mr. YKP Lucknauth, and other VIPs were also present during the site visit.
In a statement after the site visit, Minister Bholah highlighted that the jewelery sector groups some 555 registered jewelers and around 635 retail stores employing 2,457 workers. He noted that jewelry export currently generates about Rs 4,000 crore in revenue and with new dealers coming into operation, this sector, operating under the Jewelry Act of 2007, is set to grow and generate more revenue for the country. .
Speaking of the Assay Office, the Minister underlined that its objectives are to ensure that the jewelery industry operates within the existing legal framework and to safeguard the interest of consumers when buying and selling jewellery. The Bureau of Assays, he noted, also aims to enhance consumer confidence in the jewelry industry while offering them consistent jewelry certification and grading services while maintaining the highest level of integrity and ethics.
Minister Bholah also referred to the scientific and technical aspect of the work carried out by some 25 employees of the Assay Office, who have received advanced training in their respective fields to preserve the integrity of the sector.
For his part, Mr. Lucknauth stressed that the Assay Office, which operates under the auspices of the Ministry of Industrial Development, SMEs and Cooperatives, offers a range of services to jewelers, citizens and institutions. Bureau staff, he emphasized, also conduct inspections at retail jewelry stores around the island to make sure the jewelry being sold to the public is of good quality.
It is recalled that the Bureau of Assays was established in 1993 under the Jewelery Act 1990. This Act was repealed and replaced by the Jewelery Act 2007. The Bureau has a regulatory role to ensure compliance with the Jewelery Act. of 2007, which provides for: the regulation and control of the manufacture, sale and import of gold, silver and platinum jewelry, among others; and verification and classification of precious and semi-precious stones.
The Testing Office operates two laboratories, namely: the Testing Laboratory, for the testing of gold, silver and platinum jewelry and their alloys, which is the first public laboratory to be accredited to ISO/IEC 17025 with MAURITAS; and the Gemology Laboratory, for verification and classification of precious and semi-precious stones.
Thanks to the 45-megapixel sensor and DIGIC X processor, the EOS R5 C features cutting-edge stills performance and blazing-fast burst speeds of up to 20 frames per second.DUBAI, United Arab Emirates, January 20, 2022/APO Group/ --
Canon Europe (www.Canon-Europe.com) today announces the EOS R5 C, a powerful hybrid cinema camera that combines the professional filmmaking capabilities of the Cinema EOS range with the photographic capabilities of the EOS R system. Backed by a CMOS sensor high-resolution full-frame camera, a DIGIC X processor, and the RF mount, these three elements enable high-fidelity 8K capture and 45-megapixel still photo capture at burst speeds of up to 20 frames per second, all in one body only. Building on the groundbreaking impact the EOS 5D Mark II had on the film industry, the EOS R5 C's compact yet versatile body meets the needs of a new generation of independent photographers and content creators. To further enhance the Cinema EOS lineup, Canon is also announcing a significant update to the renowned EOS C70 via a firmware update. This will enhance the already outstanding capabilities of Cinema EOS with the addition of 12-bit Cinema RAW Light recording, among other features.
Canon's first Cinema EOS hybrid camera
Marking a first for the renowned Cinema EOS system, the EOS R5 C is capable of recording 8K 30p RAW internally and up to 60p when using an external power supply, achieving exceptional clarity and endless post-production possibilities. Thanks to the internal active cooling system, content creators can enjoy hours of filming.  in high quality 8K. With HDR support via PQ and HLG, as well as Canon's popular Canon Log 3 gamma, filmmakers can capture stunning, realistic video and gain greater expressive possibilities to truly immerse the viewer in content. Featuring Canon's esteemed Dual Pixel CMOS AF system, the camera offers Eye AF and EOS iTR AF X, ensuring precise focus every time. This advanced autofocus technology tracks people's eyes in real time and can even follow their head when they look away from the camera. Working in combination with Optical IS on compatible lenses, the camera features electronic image stabilization with coordinated control that mitigates the effects of shake when shooting handheld, for smooth footage and sharp images.
Thanks to the 45-megapixel sensor and DIGIC X processor, the EOS R5 C features cutting-edge stills performance and blazing-fast burst speeds of up to 20 frames per second. The DIGIC X Processor also enables innovations in noise processing that enable sensitivity up to ISO 51,200, which is perfect for shooting in low-light environments such as indoor sporting events. Offering greater creative freedom to photographers, 10-bit HEIF images can be captured with an expanded dynamic range and color gamut. Additional options are available with the interval timer allowing for the capture of incredible high resolution time lapse content.
Optimized 8K Workflows
The EOS R5 C records Cinema RAW Light internally, to maintain high-fidelity 12-bit footage with a wide dynamic range and color gamut, all in a manageable file size. Canon has also introduced three newly developed RAW variations, including RAW HQ (high quality), RAW ST (standard quality) and RAW LT (quality of light), so users can select the mode based on their shooting and processing needs. of production. Two card slots, one CFexpress 2.0 Type B and one SD UHS-II card slot, enable advanced simultaneous recording options where different formats, resolutions and bit depths can be recorded to each card at the same time for workflow options flexible. This includes audio recording when shooting at 4K 120p. Along with 12-bit Cinema RAW Light, the EOS R5 C supports Canon's popular 10-bit XF-AVC format up to 810Mbps and highly versatile MP4 options. With its full-frame 8K sensor, the EOS R5 C enables 4K and Full HD recording with exceptional clarity, color and noise thanks to internal upsampling. This also makes it easy to record high frame rate content at 4K 120p resolution, without cropping the angle of view and maintaining autofocus functionality.
Versatility and connectivity
With the EOS R5 C, Canon is giving professionals a versatile tool that can help them meet the ever-expanding demands placed on content creators. Built with the innovative RF mount, which features a short flange focal length, as well as a 12-pin connection for faster communication between the camera body and the lens, the EOS R5 C can be used with lenses of all sizes. Canon EF, RF and cinema lenses. line, as well as third-party anamorphic lenses to achieve a wider aspect ratio for the big screen. As demand for VR content increases, combining 8K video with Canon's new RF 5.2mm F2.8L dual fisheye lens makes it simple to produce immersive VR footage from capture to editing. In addition to lens flexibility, this camera has the same multifunction accessory shoe found on the EOS R3 and XF605 for directly connecting and powering accessories such as Canon's DM-E1D Stereo Microphone, Canon's 470EX-AI Speedlight and the CA-XLR2d from TASCAM. XLR audio adapter. The EOS R5 C has also been equipped with a dedicated timecode input/output terminal for integration into a professional multi-camera solution. With advanced connectivity, users can make use of Content Transfer Mobile  app for FTP transfers and metadata editing ML-G2 - perfect for newsgathering and solo shooters.
Compact and familiar body
To truly offer the best of both worlds, the EOS R5 C has two separate menus for stills and video: the EOS R system and the Cinema EOS interface. Controlled by the 3-position power dial, users can seamlessly switch between modes and access relevant settings. With 13 assignable buttons and a host of professional video features, the EOS R5 C allows for incredible customisation. This cinema powerhouse also features a 0.5-inch high-resolution OLED viewfinder with 5.76 million dots for precise image analysis, a dot-matrix display on top to quickly check camera settings and a bright 3.2-inch HD LCD monitor that is articulating for convenient viewing from multiple angles day or night.
Designed with individual photographers in mind, the EOS R5 C employs an ultralight 680g chassis, making it the smallest and lightest cinema EOS camera to date. Although compact in nature, this camera features a durable magnesium alloy body and is dust and weather resistant, thanks to an intuitive design that separates airflow from electrical components.
EOS C70 Camera Firmware Update
The latest C70 firmware update unlocks advanced capabilities, including an additional Cinema RAW Light LT 4K recording option and the XF-AVC proxy recording function to support this. Creators can take advantage of all the new creative opportunities and enhance the image quality of the EOS C70, thanks to Cinema RAW Light LT and new frame and interval recording options such as stop-frame animation and time-lapse video. . With the firmware released in December 2021, users can also enjoy increased compatibility with 12 more lenses.  when using the EF-EOS R 0.71x mount adapter, with full optical correction, metadata, and autofocus support, giving filmmakers greater flexibility in lens choice.
The smallest and most versatile Cinema EOS camera yet, the EOS R5 C is the ultimate hybrid. From seamless 8K video workflows to high-speed, high-quality stills, this camera is ready to capture anything professional content creators throw at it.
For more information on the EOS R5 C, please visit here (https://bit.ly/33xAugp)!
The EOS C70 firmware update will be available to download from March here (https://bit.ly/3IjV7LD).
Key features of the EOS R5 C:Full-frame sensor with 8K/30p 12-bit RAW recording or 8K/60p when using external power source 45-megapixel images at up to 20fps Precise Eye AF via Dual Pixel CMOS AF and intelligent face/head tracking via EOS iTR AF X Wide range of professional recording formats including three new flavors of Cinema RAW Light Active cooling for long-lasting recording Timecode terminal RF mount with advanced IS blending Advanced connectivity and multifunction accessory shoe
 The shooting time depends on the capacity of the memory card and the battery.
 Available only on iPhone. Subscription charges apply.
 You can find a full list of compatible lenses here (https://bit.ly/3tGTiEu)
The National Identity Management Commission, NIMC, says that its servers have not been violated but that they operate with the highest levels of international security.
This is contained in a statement issued by NIMC Director General Aliyu Aziz on Tuesday in Abuja.
"We have done everything possible to ensure that the nation's database is properly secured and protected, especially given the onslaught of cyberattacks on networks around the world," he said.
He was reacting to a hacker identified as Sam, who on Monday claimed that he successfully breached the NIMC server.
“Over the years, through strenuous efforts, NIMC has built a robust and credible system for the Nigerian identity database.
"The Commission and its infrastructure are certified with the information security management system standard ISO 27001: 2013, which is revalidated annually," he said.
Mr. Aliyu said that NIMC also ensured maximum security of its systems and databases due to the critical nature of the identity data that the Commission collects, manages and maintains as critical assets for the country.
“The commission assures the public that it will continue to maintain the highest ethical standards in data security on behalf of the Federal Government and will ensure compliance with privacy and data protection standards.
”The commission does not use or store information on the AWS cloud platform.
"We do not store information in any public cloud despite the usefulness of the NIMC mobile app which is available to the public to access their NIN on the go," he said.
The public may recall that the Ministry of Communications and Digital Economy through NIMC launched the Tokenization functions of the NIN verification service.
He said the tokenization was to safeguard people's personal data and ensure the continued rights and privacy of users.
“In compliance with the mandatory use of the NIN for government services, the Commission also appreciates the concerted efforts of various Federal Government agencies such as the Joint Board of Admissions and Enrollment and the Federal Highway Traffic Safety Corps.
Others include the Nigerian Immigration Services; Pension Commission; the Nigerian Police Force; the Nigerian Correctional Service; Nigerian Customs and many others.
He said that most of these agencies have simplified their services according to the NIN as a valid means of identification, ”Aliyu said.
Nigeria will not be a dumping ground for chemicals banned in other countries, said Professor Moji Adeyeye, director general of the National Agency for Food and Drug Administration and Control, NAFDAC.
This is contained in a statement issued by Olusayo Akintola, NAFDAC's resident media consultant.
Ms. Adeyeye also explained that it was not true that 40 percent of registered trademarks of pesticide products in Nigeria were banned or restricted for use by the European Union.
“The agency has procedures in place that allow it to make regulatory decisions and determine whether an active ingredient should be banned or restricted.
“NAFDAC is a signatory to the international convention that bans chemicals and pesticides such as the Rotterdam Convention, an international treaty designed to facilitate informed decision-making by countries regarding the trade in hazardous chemicals and pesticides.
“NAFDAC is an ISO: 900: 2015 Quality Management System (QMS) and a certified organization that has implemented procedures that allow the agency to make regulatory decisions to determine whether an active ingredient should be prohibited or restricted.
"Chemicals banned by the international convention have been phased out and never released for registration or granted import permits as raw materials for production as a sovereign state," he said.
He said NAFDAC has a strict requirement to ensure that any pesticide imported into Nigeria is on the market of the exporting country; The current Certificate of Free Sale is authenticated by the Nigerian Embassy in the exporting country.
The head of NAFDAC also stated that to ensure that only agency-approved active ingredients can enter the country, testing agents, CRIAs, and laboratories have been appointed to conduct tests and submit the results to the agency before any pesticides are shipped.
Ms. Adeyeye stated that the World Health Organization, WHO, names four classes of pesticide toxicity: Class I - a: extremely dangerous, Class I - b: highly dangerous, Class II: moderately dangerous, Class III: slightly dangerous , Class U: Unlikely to present acute hazard.
He said these classifications are for guidance purposes to allow users to take necessary precautionary measures and ensure food safety for humans, animals and the environment.
The agency conducts adequate quality control tests, he said, before granting certifications for all products that are imported or manufactured within the country.
The head of NAFDAC revealed that the evaluation of the field trial is carried out in collaboration with research institutes in Nigeria to determine the safety, quality and efficacy of new molecules, as well as the inspection of manufacturing facilities.
He said it was all in the goal of establishing that good manufacturing practices, GMP, existed to ensure that the manufactured product meets the quality standard specification for the intended use.
Other regulatory activities, he said, include, but are not limited to, granting authority for clear and ongoing sensitization and awareness exercises for relevant stakeholders on the safe and responsible use of pesticides, post-market surveillance to clean up counterfeit and unregistered products. .
He added that the agency also carries out other regulatory activities such as destruction, destruction and seizure of products.
According to her, the EU uses Residual Maximum Limits, MRLs, much lower than most other CODEX member countries, so the EU raised observations for the Codex secretariat and, later, the World Trade Organization, WTO , take note.
He explained that products with active ingredients that are accepted by other Codex member countries, including Nigeria, are not allowed in the EU.
Ms. Adeyeye noted that the lack of scientific data in Nigeria has been identified as a loophole whereby participating countries refrain from raising comments during Codex meetings and have no choice but to adhere to general Codex Alimentarius resolutions.
The head of NAFDAC asked all relevant research institutions to generate enough data and make it available to the Nigerian team attending the meeting of the Codex Committee on Pesticide Residues, CCPR, to promote the interest of the country.
He said that all pesticides approved for use by NAFDAC are also used in other parts of the world, and asked investors to feel free and confident to invest in agricultural production in Nigeria.
He reiterated the agency's determination and assurance to Nigerians that no stone would be left unturned to ensure that the food products available to Nigerians are safe and healthy.
He said that NAFDAC in the last four years of his administration has repositioned itself to effectively regulate all agricultural inputs, such as pesticides and agrochemicals, among other regulated products.
“The quality and safety of inputs have a direct impact on farm food and the health of humans, animals and plants in line with the federal government's agenda and investment in agriculture.
“The agency wants to encourage investors to consider investing in agricultural production so that job creation and the ability to feed ourselves as a nation can be achieved without being overly dependent on foreign exchange.
'' It should be noted that many regulatory activities have been carried out to ensure that all NAFDAC regulated inputs required in the production of safe food are safe, effective and of adequate quality.
“Local food production is highly encouraged, in the last four years, it has reviewed its regulations, guidelines and has strengthened collaboration with the Ministry, Department and Agencies (MDA) and interested parties to ensure effective regulations.
"Such collaborative efforts have been recorded in the regulation of agrochemicals, NAFDAC has reviewed the safety of all agrochemicals registered in Nigeria in consultation with relevant stakeholders," he emphasized.
Adeyeye said that a four-year start-up plan was in place for the obsolete and some hazardous agrochemicals phase-out plan, adding that such a phase-out plan is currently being implemented for Paraquat, to be phased out in 2024, and Atrazine in 2025.
According to its 100ml package, dichlorvosis is already banned due to improper use and some 30 pesticides have been banned in Nigeria.
Therefore, he recommended to the general public to visit the NAFDAC website (www.nafdac.gov.ng) for details on banned pesticides. l, adding that the prudent and responsible use of pesticides and agrochemicals was the main precaution for using the product products in Nigeria.
TAJBank Nigeria Limited, a leading Nigerian interest-free banking service provider, has received three certifications from the International Standards Organization (ISO) for its commitment to assuring customer security, service excellence, and resiliency from business operations.
The bank's founder and managing director, Hamid Joda, said in a statement Tuesday.
Joda said the recognition, Global (CPG), came on the heels of numerous other national and international awards accumulated in the past three months.
“The latest TAJBank certifications include ISO 27001, ISO 22301 and ISO 20000 standards on information security, business continuity and IT service management systems.
"They demonstrate the bank's commitment to prioritizing business operations resilience, customer safety and service excellence at all times," he said.
He added that the issuance of the ISO 27001 certification to TAJBank also demonstrated its assurance to clients that it had duly applied the relevant information security controls, to guarantee the confidentiality, integrity and availability of client information.
“ISO 22301 is also proof that TAJBank's business operations are conducted with best practices to prevent, prepare for, respond to, and recover from unexpected and disruptive incidents.
“Similarly, ISO 20000 shows that TAJBank turns IT into a business enabler, through a strong service management system in the delivery of IT-related services, and also regularly optimizes technology for its current and future needs. ", He said.
Joda assured that the bank's management was fully aware of the risks and impact of using technology to drive business.
"This requires us to become increasingly aware of our roles and responsibilities to ensure that we actively play our role in complying with international best practices and standards," he said. .
Meanwhile, TAJBank Chief Executive Officer and Chief Marketing Officer Sherif Idi has said the bank was one of the few banks in the country that has been successfully integrated and has passed three rigorous management standards.
"This certification has further positioned and strengthened TAJBank's quest to continually drive our digital banking strategy for world-class fictitious services that enable our clients' security, excellent services, and comply with regulatory requirements," he said.
Determined to increase market share, May & Baker Nigeria Plc is refining its plans to establish its presence in selected markets in Sub-Saharan Africa in 2022.
The company's Managing Director / Chief Executive Officer Patrick Ajah said this at the 2021 press luncheon on Monday in Lagos.
Ajah said the company would start with West African countries to improve its revenue and market share.
“A lot could have been done for COVID-19; discover that traveling became almost impossible, the commitment we started we could not continue.
“But currently, we are already discussing with companies in Ghana, trying to make a foray into Ghana and some other English-speaking West African countries.
“We are also talking with some companies of the Senegal group; There are some companies in Senegal that we are talking to.
“I am sure that we are going to start from West Africa, a little French and more English speaking, and Ghana is one of them.
"What we've decided to do is pick a few companies that we can partner with so that no registration issues arise," Ajah said.LR Head Human Capital Development, Ms Gladys N Umoh, Executive Director Fice Mr Ayodeji Aboderin, MD / CEO May & Baker Nigeria Plc, Mr Patrick Ajah, Executive Director of Sales and Marketing of Phama Mr Valentine Okelu, and the Director of Operations of Phama Mr Silver Ajalaye Plants
He said the company would aggressively pursue dominance of the local pharmaceutical market by intensifying the sales, marketing and distribution efforts of its key brands.
Ajah said the company would increase the product portfolio.
According to him, May & Baker will continue to drive the improvement of Pharmacentre's capacity utilization and the optimization of contract manufacturing costs and bidding businesses, among others.
“This year, we would have exceeded Naira 10 billion in revenue for the first time and possibly we would have made a profit before tax higher than what we have made in recent times.
"Our business plan for 2022 also points towards that vision, carrying out some of the initiatives that will lay the foundations for the achievement of that vision," added Ajah.
On the WHO prequalification program, he said that the company's Pharmacentre in Ota was certified by WHO Good Manufacturing Practices (GMP) in 2014.
“Over the years, we have maintained the WHO GMP certification and we are currently in the last stages of the recertification process, which has been delayed as a pandemic.
"We have also received our ISO 9001: 2015 certification and are currently in the final stages of the NAFDAC GMP audit and validation," he said.
On the return on investment for shareholders, Ajah assured them that the company would continue to guarantee a higher return on their investments.
“The results show that we are growing and our earnings will be better than last year; our income will be better than last year.
"I know the shareholders will be happy because we promised to cross the N10 billion revenue and we have," Ajah said.
It also announced that the company had completed its installation of state-of-the-art herbal / nutraceutical products within its Pharmacentre.
Ajah said the facility would significantly increase the company's ability to manufacture and market its herbal medicine for the management of sickle cell anemia.
In addition, he said that the installation of herbal products would boost the company's collaboration with other Nigerian research institutes and professionals in the area of product development.
He said the company's growth strategies showed commendable resilience and continued to gain ground.
According to him, these are indicators of your overall operational efficiency and an indication that your strategies are going in the right direction.
He noted that the start of operations of its world-class manufacturing company in Ota, Ogun State, would open a new growth prospect for the group.
According to him, despite macroeconomic challenges, the company's total revenue grew from N6.4 billion in September 2020 to N8.1 billion during the same period in 2021, representing an increase of 25 percent.
He said that pre-tax earnings also increased to N1.3 billion from N1 billion achieved in the corresponding period in 2020.
ARM Holding Company has announced the receipt of the ISO 27001: 2013 certificate for information security, the main international standard that governs information security management.
The group's CEO / CEO Jumoke Ogundare revealed this in a statement issued on Friday after receiving the certificate in Lagos.
Ogundare said obtaining the certificate consolidated ARM's position to consistently employ global standards in protecting customer data.
“For us at ARM, this is an important milestone. As we all know, the world has changed and the adoption of digital technology has become the norm.
“However, we know that cybercrime is also more prevalent than ever. Therefore, our ability to provide our customers with confidence regarding the security of their data is particularly important, ”he said.LR: Co-Founder / Visionary Director, Encode Digital Information System, Dr. Adewale Obadare; Executive Director, ARM Holding Company, Ms. Jumoke Ogundare and Chief Risk Officer, ARM Holding Company, Mr. Gozie Alozieuwa, during the presentation of ISO 27001: 2013 to ARM Holding Company in Lagos
Ogundare thanked the representatives of Digital Encode for the rewarding partnership and support that ARM has enjoyed with the company.
Digital Encode System Co-Founder / Visionary Director, Dr. Obadare Adewale, who presented the presentation, praised ARM for its commitment to sourcing and delivering a world-class information protection protocol.
"ARM's leadership has demonstrated to the world its commitment to the international information security management standard of ISO 27001," said Adewole.
ARM's Chief Risk Officer, Mr. Gozie Alozieuwa, said: "This is important because the primary asset that ARM manages is fictitious information and this certification reiterates our commitment to adopt international standards to keep this information secure."
President Muhammadu Buhari has expressed his administration's commitment and readiness to provide the Nigerian economy with sustainable and inclusive growth.
The president unveiled him at the inauguration of Dr. Michael Olawale-Cole as the 24th president of the Lagos Chamber of Commerce and Industry (LCCI) on Saturday in Lagos.
He was represented by the Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, Dr. Evelyn Ngige.
Buhari said his administration focused on addressing challenges in the business environment.
This, he explained, would be achieved through relevant government agencies that were already implementing various initiatives to accelerate the pace of recovery of the Nigerian economy.
He said the Federal Government was willing to work with the private sector to bring the administration's vision of sustained inclusive economic growth to life.
"This administration is focused on providing an enabling environment for businesses to prosper, as we understand the importance of the role of the private sector in providing job opportunities and developing critical infrastructure in the country," said the president.
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, expressed the readiness of the state to build a stronger partnership with the chamber.
Sanwo-Olu was represented by the Secretary, Ministry, Ministry of Commerce, Industry and Cooperatives, Ms. Olatokunbo Emokpae.
He said the partnership with the organized private sector sought to create wealth and employment opportunities for its many unemployed youth.
In his acceptance speech, LCCI President Olawale-Cole said that under his leadership, the chamber would continue to work closely with its partners in the public and private space.
He said this included the federal government and its agencies, the Lagos state government, other state governments, development partners, the diplomatic community, the media and other stakeholders.
He noted that the LCCI's strategic role in the Nigerian economy required that it harness the Chamber's diverse experiences and competencies to harness the chamber's legacies and leave indelible marks for future generations.
“We can't change everything at once, but if we choose wisely and work together transparently, flexibly and honestly, progress in some areas will lead to progress in many more.
“We will ensure that our advocacy achieves the appropriate level of effectiveness that will be measured from various levels of government to our proposals on directing policies in the interest of the organized private sector.
“I want to call on the government at all levels to do everything possible to make this country a better place to live, so that younger generations are less tempted to migrate to other countries.
"I firmly believe that there should be no better country than Nigeria for them because this is a country full of possibilities," he said.
Former LCCI Immediate President Ms Toki Mabogunje said her administration's many accomplishments, despite the COVID-19 pandemic, were made possible by the LCCI community.
He listed some of them to include the conclusion of the digitalization of the camera, obtaining ISO certifications, strengthened advocacy effectiveness, creation of new sector groups, virtual and physical fair, among others.
“I want to acknowledge the extraordinary contributions, sacrifices, focus, and deliberate collaboration of the administration and staff of the led secretariat.
“The level of cooperation that I have enjoyed from the members, the secretariat, the officers, the BoT and the volunteers is truly amazing.
“We have established ourselves as the most important chamber in West Africa and the most important role to play.
“With our ISO certification and ITC benchmark being in the top 10% of our global rankings, we can blaze a trail on the African continent as we build the new AfCFTA market estimated at $ 3 trillion from 1.2 billion people. .
"I am immensely grateful to all of you and I hope that you will continue to support the Chamber in the years to come so that we continue to be the leading voice of the organized private sector in Nigeria," she said.