General
18 Illegal Oil Dealers Forfeit N3.5m, Properties
By Modupe Gbadeyanka
The Economic and Financial Crimes Commission (EFCC) on Friday, May 17, 2019, secured the conviction and sentencing of 18 illegal oil dealers before Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos.
The convicts are: Ayeni John, Emmanuel Tosu, Emopin Monein, Malade Aiyetimiyi, Odroja Ojune, Ikedehinbu Idowu, Abogun Ota, Elamah Augustine, Olarotimi Elikanah and ThankGod Benjami.
Others are: Abbas Friday, Victor Goldsmith, Gbenga Thomas, Ibane Austine, Idowu Surprise, Asemia Thomas, Agbayoh Lawrence, Salihu Malik and Ayetiniyi Ademola.
They were re-arraigned on a three -count charge bordering on conspiracy, dealing in and storing of unlicensed Automotive Gas Oil, AGO.
The suspects were arrested with two fibre boats laden with petroleum products from a hijacked vessel, MT MAMA ELIZABETH, by the Nigerian Navy on August 30, 2018 in Lagos and some parts of Ondo and handed over to the Commission for further investigation and prosecution.
They were alleged to have conspired among themselves to deal in about 21,840 litres of Automotive Gas Oil without appropriate licence.
At the point of arrest, N3.5 million, which was suspected to be proceeds from the sales of the illegally acquired products, was found on one of the convicts.
One of the counts reads: “ That you, Ayeni John, Emmanuel Tosu, Emopin Moneyin, Malade Aiyetimiyi, Odeoja Ojune, Ikedehinbu Idowu, Abogun Ota, Elamah Augustine, Olarotimi Elikanah, ThankGod Benjamin, Abbas Friday, Victor Goldsmith, Gbenga Thomas, Ibane Austine, Idowu Surprise, Asemia Thomas, Agbayoh Lawrence, Saliu Malik, Ayetiniyi Ademola , between August and September, 2018 in Lagos, within the jurisdiction of this Honorable Court, conspired amongst yourselves to commit an offence to wit: dealing in about 21,840 litres of Automotive Gas Oil (AGO)without appropriate licence and thereby committed an offence contrary to Section 3(6) of the Miscellaneous Offences Act Cap.17 Laws of the Federation of Nigeria 2004 and punishable under Section 1(17) of the same Act.”
All but the eighth defendant pleaded not guilty to the charge preferred against him defendant pleaded not guilty to the charge preferred against them.
In view of their pleas, the prosecution counsel, Idris Abdullahi, informed the court that the first, seventh, ninth and nineteenth defendants had entered a plea bargain with the EFCC and sought the leave of the court to review the facts of the case.
The prosecution counsel, Abdullahi, in his submission, informed the court that on August 30, 2018, the Nigerian Navy Beecroft, while on a patrol around the Atlas Cove Island, intercepted two fiber boats that had in its possession 21,840 litres of AGO, the source of the product was hijacked from a vessel named MV Mama Elizabeth.
He also told the court that, at the time of arrest, nine crew members were arrested and 10 others during the cause of investigation.
Abdullahi also stated that the sum of N3.5 million was found on the 18 defendant, while two locally made fabricated guns were recovered from the nineteenth defendant.
He added: “They were all handed over to the EFCC for further investigation.
“EFCC investigations revealed that the defendants conspired amongst themselves, dealt in and stored unlicensed 21, 840 AGO.
“They were confronted with the findings and volunteered statements to the EFCC.
“The Nigerian Navy arresting officers also volunteered statements.”
The prosecution counsel sought to tender the hand-over notes from the Nigerian Navy to the EFCC, the arresting officers’ statements, the statements of the defendants and two letters from the EFCC exhibit keeper showing deposit of N3,500,000 and two fabricated guns.
The documents were admitted in evidence as exhibits 1, 2, 3, (3A),4(4Q)5, respectively.
The prosecution adopted the plea bargain agreement of one year imprisonment on the defendants each from August 25, 2018, being the day of their arrest and detention prior to their arraignment on February 28, 2019.
It was also agreed that the two fibre boats, 21,840 litres of Automotive Gas Oil and the sum of N3.5 million recovered from the eighteenth convict be forfeited to the Federal Government of Nigeria and be deposited by the Commission to the Consolidated Revenue Funds of the Federation.
According to the prosecution, it was further agreed that the two fibre boats and the 2,1840 litres of Automotive Gas Oil be sold by the EFCC in collaboration with the appropriate government agency or private organization, and the proceeds be remitted to Consolidated Revenue Fund of the Federation.
It was also agreed that, upon their release from prison custody, the defendants are to enter a bond with the EFCC to be of good behaviour and never to be involved in any form of economic and financial crimes, illegitimate or criminal acts, both within and outside the shores of the Federal Republic of Nigeria.
In view of their guilty plea, the prosecution counsel, Abdullahi, urged the court to convict the defendants on the three-count charge and also prayed the court to sentence them to the terms agreed in the plea bargain.
Justice Aikawa, while considering the terms of the plea bargain, convicted the defendants on the three counts and sentenced them to one year imprisonment on each count, which are to run concurrently.
General
Applications for Second Cohort of Moniepoint’s DreamDevs Initiative Open
By Modupe Gbadeyanka
To double down on Africa’s tech talent pipeline, the continent’s leading digital financial services provider, Moniepoint Incorporated, has opened applications for the second cohort of its flagship transformative programme, DreamDevs initiative.
A statement from the organisation disclosed that entries are expected to close on Tuesday, January 20, 2026, and should be submitted via dreamdevs.moniepoint.com.
Selection will be based on technical aptitude, learning potential, and alignment with Moniepoint’s values of innovation and excellence.
DreamDevs was created to bridge the tech talent gap in Africa by equipping recent graduates with industry-ready skills and real-world experience.
Each year, just 20 high-potential candidates are selected into an intensive bootcamp, with the strongest performers progressing into internship and full-time roles at Moniepoint.
Last year’s cohort delivered four hires – three interns and one full-time engineer – validating the programme’s role as a high-impact talent pipeline.
Targeting graduates from technology, computer science, engineering, and related fields with foundational programming knowledge in HTML, CSS, and JavaScript, DreamDevs offers a rigorous nine-week boot camp that immerses participants via hands-on training from leading software engineers. Standout performers will secure six-month internship placements at Moniepoint, with potential progression to full-time employment based on performance.
“The results from our first cohort validated our belief that with the right training and support, Africa’s young tech talent can compete globally.
“This year, we’re doubling down on our commitment by aiming to convert half of our participants into full-time employees. For us, DreamDevs is all about creating sustainable career pathways that drive Africa’s digital economy forward,” the co-founder and Chief Technology Officer at Moniepont, Mr Felix Ike, said.
“We’re proud to support the government’s vision of building three million technical talents while also creating direct employment opportunities through initiatives like DreamDevs. This multi-faceted approach ensures we’re contributing to national goals while simultaneously addressing our industry’s immediate talent needs.
“By investing in young people and providing them with practical experience, startup incubation support, and product development opportunities, we are not only creating high-impact jobs and driving sustainable economic growth across the continent,” he added.
Sharing his experience, a member of the first cohort and now a Backend Engineer at Moniepoint, Mr Victor Adepoju, said, “The organisation of the programme was top-notch. The training covered a wide range of topics and provided a solid foundation I could continue to build on.
“I learned a great deal about cloud technologies, particularly Google Cloud Platform. The program also emphasised valuable soft skills, including planning, organisation, and prioritisation, which have been very useful in my day-to-day work.”
DreamDevs aligns with Moniepoint’s broader vision of using technology to power the dreams of millions and engineer financial happiness across Africa. It complements the company’s existing talent development programs, including HatchDev – a collaboration with NITHub Unilag that produces 500 specialised developers annually across software engineering, intelligent systems, and IoT/embedded systems as well as its hugely popular, Women-in-Tech which is now in its fifth year. The initiative is also in tandem with the federal government’s 3 Million Technical Talent (3MTT) programme, for which Moniepoint serves as a key sponsor. While the 3MTT programme focuses on mass technical skills training across Nigeria, DreamDevs provides a specialised pathway that takes graduates from foundational training through to employment, creating a complete talent development ecosystem.
General
How Machine Learning Can Speed Up Regression Testing and Improve Accuracy
Modern software releases move fast, and manual regression testing often slows teams down. Machine learning helps automate repetitive checks, cut testing time, and reduce human error. It speeds up regression testing by predicting which test cases matter most and improves accuracy by detecting defects that manual testing can miss.
By analyzing past results and application changes, machine learning models identify high-risk areas that need attention. They can also update test scripts automatically and flag false positives before they waste valuable time. The process transforms quality assurance from a time-heavy step into an intelligent, data-driven practice.
As the discussion continues, the focus will shift to how specific machine learning techniques accelerate regression testing and how these models raise accuracy through smarter decision-making. Understanding these methods helps teams deliver better software faster and with greater confidence.
Machine Learning Approaches for Accelerating Regression Testing
Machine learning models now play a key role in improving test speed, accuracy, and adaptability. They help teams predict risk, focus on high-impact areas, and maintain large test suites with less manual input. Machine learning models now play a key role in improving test speed, accuracy, and adaptability. By analyzing past test data and application changes, these models help identify the most critical areas for testing, ensuring a more targeted approach. By prioritizing high-risk areas, machine learning-driven testing explained by Functionize allows teams to streamline their testing efforts, reducing unnecessary tests and focusing on what matters most. Compared to traditional manual testing, which can be time-consuming and prone to human error, machine learning models can quickly identify patterns and potential issues that might otherwise go unnoticed. While automated testing tools can speed up the process, machine learning-driven approaches offer a more intelligent, data-driven way to improve both speed and accuracy. As these models continuously learn from new data, they adapt to changes in the application, further refining their predictions.
Automated Test Case Prioritization and Selection
Automating test case selection saves time and helps quality teams focus on changes that matter most. Machine learning models analyze historical data such as past defects, code changes, and execution logs to determine which tests have the highest chance of catching new issues. This allows testers to run fewer but more meaningful tests.
Predictive algorithms can rank test cases by likelihood of failure or business impact. For instance, a model might use data on recent commits or modules with high defect density to reorder the suite. Teams then gain faster feedback without running every test after each build.
By pairing historical analytics with real-time signals, this approach reduces test redundancy while keeping accuracy high. It supports continuous delivery pipelines that require quick cycle times and minimal rework.
AI-Powered Test Suite Maintenance and Self-Healing Scripts
Maintenance creates major delays in large regression cycles. As interfaces or code structures evolve, older scripted tests often stop working. Machine learning can fix this problem by enabling self-healing test logic. It learns from element attributes, layout changes, and user flows to adjust tests automatically.
This approach reduces manual effort, since a tester does not need to rewrite scripts after each UI update. Modern tools track patterns across thousands of interface elements and use visual recognition to identify what changed in the application.
By adapting on its own, the system keeps tests useful through many software updates. The result is less downtime and fewer false failures, even as products shift between releases.
Optimizing Test Coverage and Efficiency with Predictive Analytics
Predictive analytics models find gaps in existing tests and highlight areas that may need more coverage. This process often uses code churn data, historical defect rates, and user interaction logs to show where defects are most likely to appear. Teams then direct testing resources to those higher-risk areas.
These analytics can also help balance test distribution. For example, low-risk components might need only lightweight checks, while high-impact modules receive deeper testing.
Applying predictive insights helps achieve both higher coverage and faster delivery. It also allows early detection of potential stability issues before they reach production, reducing overall costs and improving test efficiency across each release cycle.
Improving Regression Test Accuracy with Machine Learning Models
Machine learning models can increase regression test accuracy by predicting which test cases matter most, identifying fault patterns in code, and reducing the time needed to verify new changes. Effective use of data preparation, model selection, and evaluation leads to stronger predictions and fewer missed defects.
Model Selection and Evaluation for Test Prediction
Choosing the right regression model defines how well predictions match real test outcomes. Models such as linear regression, random forest, support vector regression, and gradient boosting each handle data relationships differently. A good approach is to begin with a baseline model to compare performance across several algorithms.
Teams often use scikit-learn tools like RandomForestRegressor, GradientBoostingRegressor, and Ridge to predict regression test results. Selecting models with strong generalization avoids wasted computing time. Cross-validation, especially k-fold cross-validation, helps confirm performance consistency across datasets.
Evaluation metrics such as mean squared error (MSE), root mean squared error (RMSE), and R² (coefficient of determination) measure predictive accuracy. Lower MSE or RMSE values indicate better alignment between predictions and test outcomes. Using multiple metrics gives a balanced view of model performance.
Feature Engineering and Data Preparation for Reliable Outputs
Accurate results depend on clean and well-prepared data. Exploratory data analysis (EDA) helps detect outliers, missing values, or strong correlations that may distort predictions. Columns can be transformed using feature scaling, standardization through StandardScaler, or one-hot encoding for categorical variables.
Data normalization keeps all features within a similar scale, which prevents large-value features from dominating the model. Missing values can be filled with methods like SimpleImputer, improving input consistency. Feature selection or recursive feature elimination (RFE) can remove unnecessary inputs that lower performance.
Balanced and properly formatted input data allows regression models to identify true patterns in software behavior. A clear data structure reduces noise in predictions and increases confidence in each result.
Preventing Overfitting and Ensuring Model Strength
Models that perform too well on training data may fail with new code changes. Overfitting often occurs when the model captures random noise instead of meaningful test patterns. Careful cross-validation and hyperparameter tuning help control this issue.
Regularization techniques such as Lasso regression and Ridge regression limit unnecessary complexity by applying penalties to large coefficients. This keeps predictions stable across updates. GridSearchCV in scikit-learn can systematically test combinations of regularization strengths to find balanced settings.
Ensemble methods like bagging, random forest, or gradient boosting (XGBoost) combine multiple predictors to increase stability. These approaches average out errors across models and reduce sensitivity to specific data conditions. A consistent evaluation process helps maintain long-term predictive accuracy in regression testing pipelines.
Conclusion
Machine learning allows teams to speed up regression testing by analyzing test results and predicting which areas of code need the most attention. This targeted approach cuts down on repetitive test runs and saves time. As a result, test cycles move faster without losing accuracy.
AI-based tools also make test scripts adapt automatically to software updates. That reduces manual maintenance and helps keep test cases relevant. By using data-driven insights, teams can focus on the most important test cases instead of running thousands that add little value.
The technology also improves defect detection. For example, algorithms can separate real failures from false positives, so testers can act on genuine issues more quickly. The process becomes more efficient and dependable.
In summary, machine learning makes regression testing faster, smarter, and more precise. It allows development teams to maintain software quality while releasing updates at a steady pace.
General
Nigeria Eyes N1.5trn Green Bond Issuance in 2026 for Sustainable Projects
By Adedapo Adesanya
Nigeria is seeking backers for a N1.5 trillion ($1 billion) green bonds this year, according to the Minister of Environment, Mr Balarabe Abbas Lawal.
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