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Tag: lead

Tech

Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise

Among the primary reasons for establishing a Security Operations Center (SOC) are strengthening cybersecurity posture, enabling faster detection and response and gaining a competitive edge. Interestingly, despite the increasing demand for automated cybersecurity solutions, businesses rely on skilled security professionals to make key decisions, as human expertise remains essential for effective security management. A Security […]

Telecom

FG Plans to Invest $460m World Bank Loan in Fibre Infrastructure

Federal Government plans to channel $460m World bank loan, representing about 92 per cent of a $500m, into the proposed fibre infrastructure company set up to deploy 90,000 kilometres of climate-resilient broadband fibre across the country. This is contained in the Financing Agreement for the Building Resilient Digital Infrastructure for Growth project between the Federal […]

Business news

SEC Urges IST to Freeze all CBEX Bank Accounts in Nigeria

The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of all bank accounts belonging to Crypto Bridge Exchange (CBEX) and other defendants held in commercial banks and financial institutions across Nigeria. The request was made in Suit No. IST/OA/02/2025: Securities and Exchange Commission & Anor v. […]

Tech

NiDCOM Launches Diaspora Startup Challenge to Boost Nigerian Talent

The Nigerians in Diaspora Commission (NiDCOM) has sought to harness the innovation and expertise of Nigerians across the globe with the launch of the Connected Diaspora x DOWA Start-Up Challenge and the Connected Diaspora Flagship Event 2025. Speaking at a news conference in Lagos, Abike Dabiri-Erewa, Chairman/CEO of NiDCOM, described the initiatives as timely and […]

Telecom

GSMA Report Warns of Raising Costs of Fragmented Cybersecurity Regulation, Increasing Risk for Mobile Operators

The GSMA has released a major new independent study, The Impact of Cybersecurity Regulation on Mobile Operators, revealing that mobile operators are spending between US $15-19 billion annually on core cybersecurity activities, a figure expected to rise to US $40-42 billion by 2030. Despite this significant investment, mobile network operators, who form the backbone of […]

Business news

Firm Reports 6.4M Shopping Phishing Attempts, Over 20M Gaming Attacks in 2025

Kaspersky reports that in 2025, cybercriminals continued to use seasonal shopping periods to distribute phishing pages and fraudulent promotions aimed at collecting personal and payment information. Gaming platforms also remained a prominent target throughout the year. Kaspersky Security Network (KSN) shows that from January through October 2025, the company blocked 6,394,854 phishing attempts impersonating online […]

Fintech

Reps Decry Rising Fraudulent Activities Linked to POS Agents

The House of Representatives has raised concern over a surge in fraud linked to Point-of-Sale (POS) operators nationwide. POS terminals are now a popular cash source for businesses and individuals seeking alternatives to ATMs, even though ATM fees are lower. Speaking at a resumed investigative hearing with fintech stakeholders at the National Assembly Complex on […]

Telecom

FG Launches Galaxy Backbone’s 1Gov ECM Platform, Marks Major Milestone in Nigeria’s Digital Transformation Journey

The Federal Government of Nigeria, through the Office of the Head of the Civil Service of the Federation (OHCSF), has officially launched the 1Gov Enterprise Content Management (ECM) Platform, developed and powered by Galaxy Backbone Limited (GBB). The launch marks a historic milestone in Nigeria’s journey toward building a digitally-driven, efficient, and knowledge-based public service. […]

Tech

FG Plans ₦12bn Research Investment to Expand Digital Transformation

The federal government has announced plans to invest ₦12 billion in digital economy research projects aimed at helping Nigeria harness the benefits of digital transformation. Bosun Tijani, minister of communications, innovation, and digital economy, disclosed this at the opening of the 18th International Conference on Theory and Practice of Electronic Governance (ICEGOV 2025) held in […]

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