…Sponsorship underscores the life insurer’s commitment to grow and to invest in Africa
Prudential Africa has signed a sponsorship agreement with the Confederation of African Football (CAF) to become the official insurance partner of the ongoing 33rd edition of Africa Cup of Nations (AFCON) 2021.
At a press conference to announce the sponsorship, Eric Mboma, Chief Representative Officer, Prudential Northern Africa Region noted that the sponsorship underscores Prudential’s commitment to the African continent.
“As we grow our business in Africa, we also want to support the passion and talent of its people. Africans share a common love for football and we are honored to be part of a tournament that unites the continent and brings together the brightest talents of African football”, he said.
Mr. Mboma added, “Through sports, Prudential wants to encourage people to stay active and lead more healthy lifestyles. As a life insurer, we believe that health and wellness are important for people to live fulfilling lives.”
Commenting on the partnership, Confederation of African Football (CAF) General Secretary Mr. Véron Mosengo-Omba said, “We are excited and pleased to have on board Prudential as a partner. We share a common purpose in our commitment to developing local talent as well as driving prosperity for the people of Africa.”
AFCON 2021 started on January 9 and will run till February 6, 2022 with Cameroon as the host nation.
Prudential is a global financial services group providing life insurance, pensions and asset management products and services to approximately 20 million customers in Asia and Africa.
Prudential has life insurance operations in eight countries across Africa: Cameroon, Cote d’Ivoire, Ghana, Kenya, Togo, Uganda, Zambia and Nigeria.
For nearly a decade, the life insurer has been providing affordable insurance and health solutions. Today, it serves more than 1.7 million customers through a distribution network of more than 13,000 agents and 600 branches.
Chiamaka Agim was too careless with her Card Information, Mobile Phone’- IT specialist Shola Akinwale
Over the week, one Miss Chiamaka Agim went viral on social media, calling out Zenith Bank after a fraudulent unauthorized transfer was carried out from her account where a tune of four million Naira was siphoned on the 9th of January 2023. In other to sway public sympathy, Chiamaka resorted to all kinds of threats saying she will commit suicide if her money is not returned to her account. After recounting her experience on how the incident occurred via her post on social media, Shola Akinwale, a time-tested Information Technology personality and former bank employee, took interest in the case and launched a private investigation into what might her transpired leading to an unauthorized transfer.
After his private investigation, Shola found out that the said amount could not have left Chiamaka’s account without authorization via a token which must have been sent to her mobile phone. He further stated that; her card pin, expiry date and other information on it might have been compromised. Maybe her phone must have been stolen for the person who carried out the fraud to have successfully transferred the money into another account. “The theft was a coordinated one I must tell you. She must have revealed her information to a close ally who carried out the transaction, or she is not saying the truth about what happened to either her ATM card or her mobile phone. She might have revealed some information to those close to her who carried out such theft. On the other hand, her card might have been compromised maybe she had fallen victim to some fraudulent POS operator who has cloned her card. From my investigation, I gathered that it’s not her first time using such means to transfer money using an e-token. No one can authorize the transfer without her access to the mobile phone where the token was or One Time Password OTP must have been inserted to complete the transaction. The funny aspect is that the money was transferred three times into a different account. It means the e-token was generated three times. So something is wrong somewhere.
According to section 3,4,6, Cardholders users of CBN guidelines on the operation of electronic payment channels in Nigeria issued in June 2020A card holder/ user shall;
Protect the Payment card, mobile device and pin with due care.Notify the issuer immediately the pin is compromised.
iii. notify the issuer immediately about stolen, damaged, lost or destroyed cards and mobile phones.
Section 18.104.22.168 stated further that; The cardholder shall be held liable for fraud committed with his card arising from the misuse of his pin or debit card.”
Zenith Bank is not at fault. The fault is coming from Chiamaka who was careless with her information or her phone. It’s nearly possible for such a huge amount to move without authorization from the owner of the account. So Chiamaka should think deeply and get anyone who might be a suspect around her. She did not guard her information jealously”
On the other hand, sympathizers on social media have also called on Zenith bank to make their investigation and reveal what really happened in the said fraud. Zenith bank quickly swung into action by calling for an in-house investigation. According to an internal memo on the investigation carried out by the bank, it was recorded that; Chiamaka authorized the transfer. She authorized a transfer of 3,715,000, 222,900 and 102,000 via an e-token assigned with serial numbers to the transfers to various accounts in different banks. From investigation, it was gathered that she used the e-token to change the authentication mode from token to Mobile pin on the 21st of November 2021. The Information was also used to enrol a Zenith Bank Mobile Banking app on the 6th of December 2021 on an iPhone 11 pro-Max at exactly 11:25.06 pm. It was gathered that she had authorized many transactions with the E-token and four-digit pin using the mobile app severally and she never complained of any lagging from the bank before the said disputed transaction was carried out. “The transaction was consummated by the device iPhone 11 pro-Max on the 9th of January 2023. If you claim the transaction was not authorized by you is true. It means someone had unrestricted access to your device.’ It was further gathered that when she reported the incident, the e-token was disabled and the fraudulent transfer was escalated to the beneficiary bank which is UBA and Access Bank. UBA claimed the beneficiary account from their end had a good profile and does not depict fraud while Access Bank was able to salvage 800 thousand from the beneficiary account as they await a court order to be able to repatriate the salvaged funds back to Chiamaka’s account.
It was also stated in the investigation that; Chiamaka did not immediately block the account on noticing the fraudulent transfer by using the emergency *966*911#code to block other unauthorized transfers. She also did not call the open 24 hours daily call centre for help. If she had done that, they would have taken swift action by reversing the transaction but she didn’t reach out to the bank for such assistance.
Hamzat To Speak On Harmonious Working Relationships Between Arms Of Government As Path To Successes In Lagos
His Excellency, the Deputy Governor of Lagos State, Dr. Kadri Obafemi Hamzat will be the Guest Speaker at the 4th educational and social interactive programme, Timeline Awareness Initiative Lecture/Award on Wednesday 23rd of March 2022.
The programme which promises to be an eye-opener, revealing the level of cooperation in Lagos State Government since the inception of former Lagos State Government and All Progressive Congress APC National Leader, Asiwaju Bola Ahmed Tinubu in 1999 till date.
According to the Organizers, led by Yusuf Adeoye, Publisher of TimelineNG, an Online Newspaper, Dr. Hamzat who has held several positions in the State including Commissioner For Science & Technology before his present elective position as Deputy Governor will be speaking on the Topic: ” Imperatives of Harmonious Working Relationship Between Arms of Government, A Key Ingredient in The Success of Lagos State Government. With Focus on 2023 General Election’
The Event which hold at the Lagos Sheraton hotel, Ikeja, will witness the Speaker of Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa as Keynote Speaker. He will be sharing his vast experience as legislator working to aid and ease the work of the executive in Lagos State, which has led to the tremendous infrastructural development and cordial working atmosphere in the State over the years.
The event which will witness awards for few distinguished prominent Nigerians will be Chaired by former Governor of Abia State and Chief Whip of the Senate, Dr. Orji Uzor Kalu while the Minister of Information & Culture, Alhaji Lai Muhammed is the Chief Host of the day. Also expected at the occasion is Convener of Arise Women, Dr. Siju Iluyomade, Chairman House Committee on Defence, Hon Babajimi Benson from the House of Representatives among others.
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