Connect with us

E-Business

Encomiums CWG Launches Tier-3 Center in Lagos, Charts Future with CWG2.0

Published

on

CWG launch.jpg
Kindly share this post

Computer Warehouse Group (CWG Plc), leading pan African information and communication technology conglomerate, has  launched a Tier 3 Ultra-Modern Data Center, in line with improving Africa’s economy with Information Technology.

The state-of -the art Data Center, situated at Lekki phase 1, Lagos  is specifically built to provide a platform for CWG’s cloud computing business as well as offer excess capacity to enterprise, especially banks for use as a Disaster Recovery Data centre on a co-location basis.

It is also expected that budding online companies such as Jumia and Konga with immense technology requirements shall also avail themselves of the facility.

CWG’s Data Center is equipped with state of the art N+1 power and environmental management infrastructure, which provides a combined generating capacity of 0.7MVA.

To ensure incoming mains power is conditioned and available at all times, there are redundant and Modular 250KVA Uninterruptible Power Supply (UPS) systems.

The UPS also function as bull-mark against power surges and blowout.

Addressing the guests, Mr. Austin Okere, chief executive officer, CWG Plc unveiled the future direction of the company, tagged CWG 2.0.

According to Okere “having majorly completed the pillars for our IT as a Service (ITaaS) strategy, namely creating a platform for rapid Pan African growth and repositioning our service model to cater to the new cloud computing mind-set, we are on target to achieve our objective of being the the number 1 IT Utility enabler in Africa by launching three cloud services in Nigeria; the MTN SaaS for Microfinance banks in conjunction with MTN Nigeria, the Diamond Yello Account bringing Financial inclusion to the 55 million MTN Mobile subscribers in partnership with MTN and Diamond Bank, and the CWG SMERP (a vertically modular Enterprise Resource Planning application for Micro, Small and Medium scale enterprises (MSME), which can be used on a subscription basis by hotels, hospitals, spare-parts dealers Farmers etc.”

“We consider the refocusing of our business into a subscription based model as a dual advantage play. In addition to being a more sustaining strategy, it maximizes our social impact investing on the economy of Africa, and helps to create jobs by empowering entrepreneurs. This in essence defines the new CWG PLC, which we have christened CWG 2.0” he continued.

“MSMEs are regarded as the engine of economic growth. Statistics show that there are 17m+ MSMEs in Nigeria. This compares overwhelmingly with the 260 listed companies on the stock exchange. Without accurate business records, they are unable to generate the accounting reports that banks and financial organizations can depend on to provide financing. Without credit, they are unable to grow their business aggressively.

CWG SMERP can provide these organizations with a strong foundation for growth and sustainability and also provide these firms the opportunity to exploit the internet to access a bigger market. The substantial cost of utilizing ICT is a big barrier for these firms to take advantage of ICT to grow their business” Okere remarked.

Describing the explosive impact that MSME’s can have on the economy if properly supported, Okere remarked rhetorically ‘do you know that by just employing only one additional staff each, the 17m MSME would have created 17million jobs?’

On payments, he explained “We require payment only on a subscription basis which completely removes the CAPEX requirements of ICT usage.

 For effective nationwide coverage, we will use a franchise model to enable smaller IT firms and consultancies to assist the MSMEs as business support organizations, and by so doing spur a secondary growth in IT MSMEs which will create thousands of additional jobs”, he concluded.

Speaking at the Data Center Launching, Dr. Ernest Ndukwe, former executive vice chairman, Nigeria Communications Commission (NCC) stated that CWG’s Ultra-modern Data Centre in Lagos is timely, and a leap frog that will aid customers, especially the small and medium enterprises (SMEs).

He also stated that CWG is known for integrity and consistency, and over the years has maintained a strong leadership position in the IT industry which has culminated in several awards by industry watchers.

The recent listing on the Nigerian stock exchange is a testimony of the maturity of the company and shall be a beacon for other companies to follow.

He reminisced coming to launch the CWG VSAT hub in early 2000, before the celebrated boom in the telecoms industry. He remarked that CWG has remained relevant as a result of her innovativeness and subscription to global best practices.

 “They have demonstrated the capabilities of leadership through their various achievements in the recent times, especially with their listing on the NSE and now the commissioning of this ultra-modern Data Center facility.” He said.

He further stated that; Data Centre is relevant in the today’s IT world and CWG’s state of art Data Center will benefit, not just the current customers, but the SMEs for whom CWG has developed  a special package to support their businesses with ICT.

“These are heartwarming developments.  CWG should look beyond Nigeria and Africa; they can go places, especially now that connectivity binds us together,” Ndukwe said.

Engineer Lanre Ajayi, president of Association of Telecommunication Companies of Nigeria (ATCON), said that, CWG has proven its competence as an indigenous company in Nigeria, adding that it has become a pace-setter in the industry.

“Due to their pragmatic efforts, CWG has motivated many other local firms. The launching of this data center is a big step in the right direction. Connectivity is the life wire of any such Data Center. Therefore, CWG should incorporate other stakeholders like NiRA that hosts the .ng to ensure that the expected customers make use of this important infrastructure,” he said.

Ajayi added that with such Data Centers coming up in the country, the rate of capital flight, connectivity, routing and other issues that have bedeviled the industry are been minimized.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

E-Business

Nigerian Terra Industries Secures $11.8m for Expansion

Published

on

Kindly share this post

Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa.

The fundraising round was led by Silicon Valley venture firm 8VC, which was founded by Palantir co-founder Joe Lonsdale.

Other investors in the round include Valour Equity Partners, Lux Capital, SV Angel, and Nova Global, as well as African-focused funds Tofino Capital, Kaleo Ventures, and DFS Lab.

Terra Industries, founded in Abuja by Nathan Nwachuku and Maxwell Maduka, provides multi-domain security solutions for both air and land. Its solutions are intended to detect and respond to threats including terrorism, sabotage, and armed attacks on infrastructure.

The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.

Co-founder and CEO Nathan Nwachuku said the company has now fully embraced its identity as a defence-focused startup, citing the growing urgency of security challenges across Africa.

He said safeguarding critical infrastructure from terrorist threats has become unavoidable.

Nwachuku argues that protecting Africa’s infrastructure requires a different approach, one that combines local manufacturing, end-to-end system control, and software capable of independently identifying and responding to threats over large areas.

The company aims to position itself as a defence prime, similar to the role played by firms such as Anduril Industries and Palantir in the United States.

Nwachuku also disclosed that the company had earlier raised $800,000 in pre-seed funding.

With the new funding, Terra plans to increase manufacturing capacity within Africa, establish additional defence production facilities, and expand its artificial intelligence and software teams.

While software offices are planned for San Francisco and London, the company said manufacturing operations will remain on the continent.

 


Kindly share this post
Continue Reading

E-Business

Cybersecurity Firm Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk

Published

on

Kindly share this post

Kaspersky Security Bulletin reviews what shaped telecom cybersecurity in 2025 and what is likely to persist in 2026. Advanced Persistent Threat (APT) activity, supply-chain compromise, DDoS disruption and SIM-enabled fraud continued to pressure operators in 2025, while newer technology deployments introduce additional operational risk.

In 2025, telecom operators faced four broad threat categories. Targeted intrusions (APTs) continued to focus on gaining stealthy access to operator environments for long-term espionage and leverage through privileged network positioning.

Supply chain vulnerabilities remained an entry point: telecom ecosystems rely on many vendors, contractors and tightly integrated platforms, so weaknesses in widely used software and services can provide a path into operator networks. Finally, DDoS remained a practical availability and capacity problem.

Kaspersky Security Network showed that last year, between November 2024 and October 2025, 12,79% of users in the telecommunications sector encountered web threats and 20,76% faced on-device threats. 9,86% of telecom organisations worldwide experienced ransomware.

At the same time, the telecommunications sector is moving from rapid technological development to broad implementation — and the report argues that this shift creates new opportunities and new operational risks for 2026.

Kaspersky highlights three areas where technology transitions could introduce disruption if rolled out unevenly or without strong controls: AI-assisted network management, where automation can amplify configuration errors or act on misleading data; post-quantum cryptography transitions, where rushed deployment of hybrid and post-quantum approaches could cause interoperability and performance issues across IT, management and interconnect environments; and 5G-to-satellite integration (NTN), where expanding service footprints and partner dependencies introduce new integration points and potential failure modes.

“The threats that dominated 2025 — APT campaigns, supply chain attacks, DDoS floods — aren’t going away. But now they intersect with operational risks from AI automation, quantum-ready cryptography, and satellite integration.

Telecom operators need visibility across both dimensions: maintaining strong defences against known threats while building security into these new technologies from day one. The key is continuous threat intelligence that spans from endpoint to edge to orbit,” said Leonid Bezvershenko, senior security researcher at Kaspersky Global Research & Analysis Team.

 


Kindly share this post
Continue Reading

E-Business

Study Reveals 88.5% of Phishing Attacks Focus on Stealing Account Credentials

Published

on

Kindly share this post

Kaspersky analysed phishing and scam campaigns observed from January through September 2025 and found that 88.5% of attacks globally sought credentials for various online accounts.

Another 9.5% targeted personal data such as names, addresses, and dates of birth, while 2% focused on bank card details.

According to data from Kaspersky, over 38 million phishing links were clicked in Africa in the previous year (from November 2024 to October 2025) – all of which were detected and blocked by Kaspersky solutions.

Not everyone uses protective solutions on their devices however, and phishing remains one of the most prevalent cyber threats, with attackers luring users to fake websites where they unwittingly surrender their login credentials, personal information, or bank card details.

Kaspersky research shows that most phishing pages transmit stolen information via email, Telegram bots, or attacker-controlled panels, before it enters underground resale channels.

Data stolen through phishing is rarely used only once: credentials from multiple campaigns are consolidated into data dumps and sold on dark web markets, in some cases for as little as $50. Buyers sort and verify the data to check whether accounts remain active and reusable across different services.

According to Kaspersky Digital Footprint Intelligence, average 2025 prices ranged from $0.90 for global Internet portals to $105 for crypto platforms and $350 for online banking access. Personal documents such as passports or ID cards sold for about $15 on average, with pricing influenced by account age, balance, linked payment methods, and security settings.

As datasets are enriched and combined, attackers can build detailed digital profiles that may later support targeted attacks on executives, finance staff, IT-administrators or individuals with valuable assets or personal documents.

“Our analysis shows that credentials account for nearly 90% of phishing attempts. Once collected, logins, passwords, phone numbers, and personal details are aggregated, checked, and resold, sometimes years after the initial theft.

Combined with new information, even old credentials can enable account takeovers and targeted attacks against both individuals and organisations.

By leveraging open-source intelligence and old breach data, attackers can craft highly personalised scams, turning one-time victims into long-term targets for identity theft, blackmail, or financial fraud,” said Olga Altukhova, senior web content analyst at Kaspersky.


Kindly share this post
Continue Reading

Trending