Telecom
MTN to Pay N174.4Bn Final Dividend to Shareholders

MTN Nigeria, has announced a final dividend of N8.57 per share translating to a payout of N174.4 billion, after recording record revenue of N1.7 trillion in 2021.

The company had declared a N4.55 interim dividend in July 2021, making its total dividend per share for the year stand at N13.12, which puts it’s stockholders on course to receive 39.6 per cent more of the cash reward they got a year earlier when N9.40 was paid as total dividend per share.
The newly announced dividend is subject to appropriate withholding tax and will be paid to shareholders whose names appear on the register of members as at close of business on April 6, MTNN said in a note to the Nigerian Exchange Limited on Friday.
The Nigerian operation of South African-owned MTN Group had a turnover in the sum of N1.7 trillion for full-year 2021, after the number of its active data subscribers hit 34.3 million.
It offered 575 million of its shares available to the public for the first time at N169 per unit in November 2021.
The register of shareholders will be closed on 7 April, ahead of the dividend payment on 28 April.A
“Shareholders with dividend warrants and share certificates that have remained unclaimed or are yet to be presented for payment or returned for validation are advised to complete the e-dividend registration or contact the registrar,” the company said.
Telecom
Sophos Report: Identity Attacks Drive 67% of Cyber Incidents as Threat Groups Surge in 2025

Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released the 2026 Sophos Active Adversary Report.

John Shier
It reveals that 67% of all incidents investigated by Sophos Incident Response (IR) and Managed Detection and Response (MDR) teams last year were rooted in identity-related attacks.
The findings highlight how attackers continue to exploit compromised credentials, weak or missing multifactor authentication (MFA), and poorly protected identity systems, often without needing to deploy new tools or techniques.
Key findings include:
- A shift from exploited vulnerabilities toward compromised credentials, with brute-force activity (15.6%) drawing almost level with exploitation (16%) as an initial access method
- Median dwell time declined to three days. This was driven by attackers’ movements, but also by defenders reacting more swiftly. This was particularly notable in MDR environments.
- Attackers are getting faster at reaching Active Directory (AD). Once an attacker is inside an organization it takes them just 3.4 hours to get to the AD server.
· Ransomware remains a firmly off-hours activity. 88% of ransomware payloads are deployed out of hours, and 79% of data exfiltration actions take place out of hours, emphasising the continued need for 24/7 coverage.
- Lack of telemetry undermines defense efforts. Missing logs due to data retention issues doubled over last year. This rise was largely driven by firewall appliances where the default was only seven days, and in some cases, 24 hours.
Identity Attacks Accelerate While MFA Gaps Persist
The report shows a continued rise in attacks rooted in identity compromise, including stolen credentials, brute-force activity, and phishing.
While exploited vulnerabilities remain a factor, attackers increasingly rely on valid accounts to gain initial access, allowing them to bypass traditional perimeter defenses.
There was also a lack of MFA in 59% of cases, facilitating the abuse of stolen and compromised credentials to penetrate an organization.
“The most concerning finding in the report has actually been years in the making: The dominance of identity-related root causes for successful initial access.
“Compromised credentials, brute-force attacks, phishing, and other tactics leverage weaknesses that can’t be addressed by simple patch hygiene. Organizations must take a proactive approach to identity security,” said John Shier, Field CISO and lead author of the report.
More Threat Groups, Broader Risk
Sophos researchers observed the highest number of active threat groups recorded in the report’s history, expanding the overall threat landscape and increasing the challenge of attribution.
- Akira (GOLD SAHARA) and Qilin (GOLD FEATHER) were the most active ransomware brands observed, with Akira dominating across 22% of incidents
- 51 ransomware brands appeared across cases, including 27 returning brands and 24 new ones
- Only four brands or techniques, LockBit, MedusaLocker, Phobos, and abuse of BitLocker, have persisted continuously since 2020, the first year of Active Adversary Report data
“Law enforcement action continues to cause disruption in the ransomware ecosystem. Although we still see activity from LockBit, the dominance and reputation it once had has clearly been impacted.
“However, it means we are seeing a raft of other groups vying for dominance and many more emerging groups. For defenders, it’s important to understand the groups and their TTPs in order to best protect your organization,” continued Shier.
AI Hype Meets Reality
Despite widespread predictions, Sophos found no evidence of a major AI-driven transformation in attacker behavior. While generative AI has increased the speed and polish of phishing and social engineering, it has not yet produced fundamentally new attack techniques.
“AI is adding scale and noise but not yet replacing attackers. While in the future GenAI could be the next accelerator, right now the fundamentals still matter: strong identity protection, reliable telemetry, and the ability to respond quickly when something goes wrong,” said Shier.
Defensive Takeaways
Based on the findings of the 2026 Active Adversary Report, Sophos recommends organizations:
- Deploy phishing-resistant MFA and validate its configuration
- Reduce exposure of identity infrastructure and internet-facing services
- Patch known vulnerabilities promptly, especially on edge devices
- Ensure 24/7 monitoring through MDR or equivalent capabilities
- Preserve and retain security logs to support rapid detection and investigation
The 2026 Sophos Active Adversary Report analyzed 661 IR and MDR cases handled between November 1, 2024 and October 31, 2025, spanning organizations across 70 countries and 34 industries.
You can read the full report here[SE1] . https://www.sophos.com/en-us/blog/2026-sophos-active-adversary-report
Telecom
NDPC Urges Education Ministry to Prioritise Data Protection Compliance

Nigeria Data Protection Commission (NDPC) has urged the Federal Ministry of Education to ensure strict compliance with data privacy regulations across Nigeria’s education sector to protect personal information and bolster the nation’s digital infrastructure.

NDPC
National Commissioner and Chief Executive Officer of NDPC, Dr. Vincent Olatunji, issued the call during a working visit to the Minister of Education, Dr. Tunji Alausa, and the Minister of State, Dr. Suwaiba Said Ahmad.
Dr. Olatunji highlighted a significant compliance gap in how educational institutions manage sensitive data, noting that while data underpins President Bola Tinubu’s Renewed Hope Agenda, adherence to protection laws remains low in the sector.
“The significance of data protection cannot be overemphasized as Nigeria transitions to a digital economy,” Dr. Olatunji stated, calling on the Ministry to lead efforts in regulatory compliance.
He outlined NDPC initiatives to raise awareness, including the Digital Privacy Awareness Campaign, Data Privacy Clubs in universities, the Secondary School Data Challenge, and the Adopt-A-School programme, which reached about 8,000 students during National Privacy Week.
The NDPC boss urged the Minister to leverage his office for sector-wide enforcement.
Dr. Olatunji offered free induction training for Ministry staff, Virtual Privacy Academy (VPA) vouchers, and spots in a free certification programme. A joint working group was established to drive implementation.
In response, Dr. Alausa acknowledged that data protection has often been approached with levity but affirmed alignment with the government’s goal of producing 50 million digitally literate citizens.
“It is high time all Ministries, Departments, and Agencies prioritise data protection,” Dr. Alausa said, pledging commitment to elevate schools and educational bodies to global standards.
Telecom
Nigeria, Google Chart Path for AI, Digital Partnership

Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar, has met with Charles Murito, Google’s Regional Director for Government Affairs and Public Policy (Sub-Saharan Africa), to advance a structured strategic partnership between Nigeria and the tech giant.

A statement by Ministry spokesperson Kimiebi Ebienfa said the discussions build on prior engagements in Davos, underscoring shared commitment to collaboration in innovation, governance, and democratic resilience.
Talks centred on three priorities.
First, both sides explored deepening long-term ties beyond infrastructure, focusing on sustainable digital transformation aligned with Nigeria’s development goals.
Second, they emphasised institutionalising Artificial Intelligence (AI) skills development and knowledge transfer, including support for the Ministry’s AI Unit to boost capacity for policy formulation and service delivery.
Third, the meeting addressed anticipatory diplomacy tools to enhance information integrity and democratic resilience under the Regional Partnership for Democracy framework, aiming to counter misinformation, fortify governance, and promote regional stability.
Technical teams will continue engagements to outline implementable outcomes at the nexus of AI, governance, and stability, paving the way for a robust Nigeria-Google alliance.
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