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17-year-old hacker stuns EFCC chairman with impressive IT skills
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, shared a concerning incident where a 17-year-old was able to hack into his personal computer and bank account while being questioned at his office in Lagos. Olukoyede recounted the incident during a chat with editors at the EFCC Headquarters in Abuja.
The young hacker, who was studying History and Anthropology, effortlessly bypassed the security measures of Olukoyede’s locked computer and obtained his bank verification number (BVN) and account details. This demonstration raised alarm about the vulnerability of personal information to cybercrimes.
Olukoyede emphasized the need to discourage such activities among young individuals, highlighting the potential consequences of imprisonment or worse. Despite the severity of the crime, he suggested administering light sentences to youth involved in cybercrimes, focusing on reorienting them rather than solely punishing them.
The EFCC chairman described the difficult circumstances of the 17-year-old, who was the main breadwinner for his family due to his parents’ inability to work on their farm because of security concerns. Despite his involvement in cybercrime, Olukoyede saw potential in the boy and vowed to support his education if he stopped his criminal activities.
This approach reflects the EFCC’s strategy to rehabilitate convicted internet fraudsters by offering reduced sentences and educational support. Olukoyede emphasized the importance of preventing youths from indulging in cybercrime, highlighting the negative consequences of being labeled an “ex-convict.”
Overall, Olukoyede’s narrative underscores the complexity of addressing cybercrimes among young individuals and the EFCC’s efforts to tackle this issue through rehabilitation and education.
The Chartered Institute of Directors Nigeria (CIoD Nigeria) has announced the appointment and resumption of Dr. Taiwo Nolas-Alausa as its new Director General/Chief Executive Officer.Dr. Nolas-Alausa succeeds Mr. Bamidele Alimi, who completed his second and final four-year term as the DG/CEO of the Institute on 31 July,2025.
He is aLearning and Development Consultant with over 22 years of leadership experience across Africa.
Dr. Nolas-Alausa brings to CIoD Nigeria a dynamic blend of strategic insight, communication expertise, and a deep commitment to institutional growth and capacity building.
The President and Chairman of the Governing Council, CIoD Nigeria, Otunba Adetunji Oyebanji, said: “On behalf of the Governing Council of the Chartered Institute of Directors Nigeria, I am pleased to officially welcome Dr. Taiwo Nolas-Alausa as the Director General and Chief Executive Officer of the Institute.
News
LASG declares 176 estates illegal for lacking approved layouts
Permanent Secretary, Office of Physical Planning, Oluwole Sotire, disclosed that some of the identified illegal estates include Adron Homes, Elerangbe; Aina Gold Estate, Okun-Folu; Diamond Estate, Eputu; Prime Water View Garden, Ikate-Elegushi, and Royal View Estate, Ikota, among others.
Lagos State Government has declared 176 estates at the Eti-Osa, Ajah, Ibeju-Lekki, and Epe axis of the state illegal.
Permanent Secretary, Office of Physical Planning, Oluwole Sotire, disclosed that some of the identified illegal estates include Adron Homes, Elerangbe; Aina Gold Estate, Okun-Folu; Diamond Estate, Eputu; Prime Water View Garden, Ikate-Elegushi, and Royal View Estate, Ikota, among others.
He added that the illegal estates compromised the sustainable development ethos and the T.H.E.M.E.S+ agenda of the government by operating without approved layouts.
Consequently, the government has given the owners a 21-day ultimatum to process their layout approvals.
The estates, which were deemed illegal due to the failure of the owners to obtain layout approvals from the Ministry of Physical Planning and Urban Development, were listed in a document published by the ministry, yesterday.
News
VISA: US demanding $15,000 down payment for some visitors
The funds will be returned if the applicant complies with all visa terms. If the applicant remains in the United States past the deadline, the funds will be forfeited.
The US State Department says that some visa applicants will soon be required to pay bonds of up to $15,000 to discourage visa overstays as part of President Donald Trump‘s crackdown on migration.
Starting later this month, the pilot program will require applicants from certain countries to pay a sum of “no less than $5,000” as collateral for the issuance of their visa.
The funds will be returned if the applicant complies with all visa terms. If the applicant remains in the United States past the deadline, the funds will be forfeited.
“Consular officers may require covered nonimmigrant visa applicants to post a bond of up to $15,000 as a condition of visa issuance,” the agency said in a notice to be published Tuesday in the US Federal Register.
The 12-month program would only affect foreign nationals from countries considered to have “high visa overstay rates” based on a 2023 Department of Homeland Security report, the notice said.
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