E-Business
Pantami Confirms Loopholes in IPPIS, TSA, GIFMIS

Professor Isa Pantami, the Minister of Communications and Digital Economy, yesterday said there were loopholes in the Integrated Payroll and Personnel information system (IPPIS), Government Integrated Financial Management Information System (GIFMIS) and the Treasury Single Account (TSA) which are being exploited by evil people to syphon monies.

Pantami, who spoke while inaugurating a technical committee of Ministers and Chief Executive Officers (CEOs) in Abuja, to review the three payment systems said the IPPIS was discovered to be riddled with high errors after critical review by the National Information Technology Development Agancy (NITDA).
“Prior to this meeting, as part of government processes of testing and certifying systems, IPPIS was recently subjected to critical review by NITDA and reported has been submitted to the relevant Ministeries, including the Minister of Finance, Education and Labour and a copy also sent to the presidency.
There is no doubt, we discovered there are high errors. There are challenges with IPPIS there is no doubt about this. Inspire of all the challenges we have recorded, there are high, medium and low errors in these systems.” He stated.
The Minister disclosed that the systems, at the time of deployment did not follow the required NITDA standardization process, IT project clearance and certification but, assured that the committee on the instructions of President Muhammadu Buhari, will ensure that the payment systems are thoroughly accessed and areas of weakness identified for upgrade and improvement.
He said: “Historically, as we all know, these three ICT systems for the first one (IPPIS), the process of its deployment commenced in 2006 while for GISFMIS, it deployed commenced in 2012. While TSA, the process commenced in 2015.
At the time they were deployed, the provision of NITDA act 2006 under section A, of setting the standardization of ICT deployment in federal public institutions were not followed.
Because of this, these three systems were not subjected to government certification and IT project clearance as encouraged by law and many other government policies.
“This committee, will serve as a president committee with the mandate of ensuring the review of the strengths of these systems and the challenges or weaknesses and advice Mr President on how to improve particularly, if there are leakages that are being exploited by evil people.
“The issue came about on the 19th July 2022, we had a meeting with Mr President along with other ministries where some technical issues and some challenges were discussed. I made a presentation and there and then, Mr President directed me to formalize it so that he will approve for further implementation.”
Speaking further, Pantami noted that despite their deficiencies, the ICT systems have recorded some feats and have so far been beneficial to the government in conserving some funds.
According to him, “However, in spite of that, many achievements have been recorded by their deployments. For example, based on the report from the relevant institutions of government, the IPPIS, saved the government over N120 billion naira. While the TSA saved over 10 trillion naira for government.
These records show that at least government has recorded some gains from their deployment, particularly, with the recent allegations coming up that these systems are being exploited by evil people where they syphon money, and we read these allegations from time to time.
It is because of this, after my submission to Mr. President ok this allegations that they should not be ignored and we must identify where the challenges are if any and see how these systems can be enhanced technically so that we be able to consolidate the gains achievers so far and also improve on them to achieve many more successes.”
The Minister listed members of the committee as approved by Mr President to include: Minisiter of Communications (Chairman), Minister of Finance and Head of Civil Service of the Federation.
Others are: Auditor General for the Federation, Chairman, Economic and Financial Crimes Commission (EFCC) and Director General of Bureau of Public Service Reforms.
Also part of the committee are the Director General of NITDA, the Managing Director of Gallaxy Backbone Ltd and the Chairman of National Salaries and Wages Commission.
“While NITDA, looking at it’s mandate will serve as the secretariat. The approval and the directive given by Mr President clearly mentioned that all government institutions that managed these three systems must give unlimited access to the committee to ensure that they come up with a very strong recommendation to Mr President for approval.
“Any institution that fails to give access will be reported to Mr President immediately and in additional addition to that recommendation, a punishment is going to be recommended to Mr President for implementation.” The Minister warned.
E-Business
Kaspersky Discovers New Phishing Campaign Exploiting Google Tasks Notifications to Steal Corporate Credentials

Kaspersky has uncovered a new phishing scheme that abuses legitimate Google Tasks notifications to trick corporate users into revealing corporate login credentials.

By leveraging Google’s trusted @google.com email domain and notification system, attackers bypass traditional email security filters and exploit users’ trust in familiar services.
In this campaign, victims receive an authentic-looking notification from Google Tasks with the subject line “You have a new task.” The message creates the illusion that the recipient’s company has adopted Google’s task management tool, pressuring them to act quickly. The notification often includes elements of urgency, such as a high-priority flag and a tight deadline, to prompt the victim’s immediate response.
Upon clicking the embedded link, users are directed to a fraudulent form disguised as an “employee verification” page, where they are asked to enter their corporate credentials under the pretense of confirming their status. These stolen credentials can then be used for unauthorised access to company systems, data theft, or further attacks.
“Google’s vast ecosystem of services gets exploited by scammers. The scheme with Google Tasks is part of a broader trend observed before and continuing into 2026, where cybercriminals misuse legitimate platforms to distribute scams and phishing.
Notifications originating from legitimate domains naturally evade many spam and phishing filters, while the social engineering aspect – making it seem like an internal company process – lowers the victim’s guard,” comments Roman Dedenok, Anti-Spam Expert at Kaspersky.
E-Business
esentry 2025 Report Shows Healthcare, Financial Services and Telecoms as Staging Grounds for Increased Cyberattacks in Africa

Cyber adversaries targeting African organisations are increasingly shifting away from opportunistic attacks toward deliberate, sector-specific campaigns aimed at the continent’s most critical digital infrastructures, according to the esentry 2025 Annual Report released by esentry, Lagos-based Africa’s leading indigenous Managed Security Service Provider (MSSP).

The report identifies healthcare, financial services, and telecommunications as the primary staging grounds for high-velocity cyberattacks, reflecting a growing focus on sectors that underpin economic stability, public welfare, and digital connectivity across Africa.
The findings are drawn from one of the largest cybersecurity datasets analysed in the region. Over the course of 2025, esentry processed more than 31 billion security events, generating 3.5 million alerts and successfully blocking over 15,000 malicious attempts. This monitoring scale shows that, while traditional financial institutions remain a core target, the threat landscape has expanded to include digital lending platforms, healthcare systems that store sensitive personal data, and telecom operators responsible for national and regional connectivity.
Within the healthcare sector, the report highlights ransomware as the most acute risk, with attackers frequently exploiting exposed Remote Desktop Protocol (RDP) services to compromise patient data and disrupt essential medical operations. In financial services, organisations are facing a surge in credential abuse, insider-related threats, and info-stealer malware designed to enable fraud and unauthorised access. Telecommunications providers are increasingly targeted by highly tailored phishing campaigns and attacks on exposed web services, which aim to harvest credentials and compromise customer data.
Commenting on the findings, Gbolabo Awelewa, Chief Business Officer at esentry, said the nature of cyber threats across Africa has evolved significantly. “The threats we are seeing today are deliberate, informed, and carefully tailored to local enterprises. Attackers are exploiting trusted access and moving quietly within networks, which makes early detection critical. Our coordinated cybersecurity model, spanning Defence, Intelligence, Offence, and Security Engineering, allows us to combine scale, speed, and deep contextual insight to detect and neutralise threats before they escalate,” Awelewa said.
A defining trend identified in the report is the shift from overt system exploitation to the abuse of legitimate access. By leveraging compromised credentials and ‘living-off-the-land’ techniques, attackers can blend into routine enterprise operations and significantly delay detection. This approach has compressed the attack lifecycle, enabling adversaries to move from initial access to full operational impact in fewer than 15 days.
To counter this acceleration, the report emphasises the importance of early detection and automated response. esentry says it currently contains low-complexity incidents in under 90 seconds, using a combination of structured threat hunting and centralised telemetry to anticipate and absorb attacker pressure rather than reacting after damage has occurred.
As African organisations continue to digitise, the esentry 2025 Annual Report positions itself as a critical reference point for understanding the continent’s evolving cyber threat environment. The report concludes that protecting Africa’s digital trust will require a shift away from fragmented security tools toward disciplined, coordinated defence frameworks, what esentry describes as a unified Phalanx formation.
E-Business
AfDB, UNDP Launch $10Bn AI Initiative for Africa

The African Development Bank Group (AfDB) and the United Nations Development Programme (UNDP) have launched an ambitious $10 billion project to support the adoption of Artificial Intelligence (AI) across the continent.

The 10 Billion Initiative intends to accelerate ethical AI adoption and inclusive digital economic growth in Africa.
The initiative follows the Nairobi AI Forum, which took place earlier this month in Kenya and brought together governments, private sector leaders, development partners, and tech innovators to define pathways for impactful AI adoption.
According to the organisations, the strategy is a co-designed collaboration between the Bank Group, UNDP, and commercial partners that aims to raise up to $10 billion by 2035.
The resources will be used to create up to 40 million new jobs across the continent by 2035, through targeted investments that provide the groundwork for AI and accelerate widespread adoption in everything from entrepreneurship and regional data infrastructure to policy frameworks and skill development.
Nicholas Williams, AfDB Group ICT operations division manager, commented: “As a leading multilateral development institution, the bank is leveraging its comparative advantage to ensure Africa is not left behind in the AI era.
“The AI 10 Billion Initiative paves the way for expanded partnerships and sustained investments that will accelerate AI entrepreneurship, strengthen data and infrastructure ecosystems, and support inclusive growth across the continent.”
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