E-Business
NITDA, LEAP Africa Collaborate to Harness Youths’ Talents for Economic Growth

National Information Technology Development Agency (NITDA) has agreed partner with LEAP Africa, a non-profit organisation that focuses on leadership development, to harness the potentials of young Nigerians in the field of technology and entrepreneurship, and equip them with the necessary skills to take advantage of the emerging opportunities in the tech industry.

Kashifu Inuwa, Director General of National Information Technology Development Agency (NITDA), made this disclosure during a visit by a team from LEAP Africa led by its Executive Director, Kehinde Ayeni to the Corporate Headquarters of the Agency.
Inuwa lamented that the surge of migration of Nigerian youths to other countries which is largely attributed to the quest for a better life is gradually depleting the nation’s talent resources and consequently made it imperative for the Federal Government of Nigeria to create enabling opportunities through the implementation of developmental guidelines, mentorship programmes, establishment of social infrastructures and funding that will enable innovation and entrepreneurship thrive in the country.
He stated that it is necessary to harness the talents of Nigerian youth and exploit potential for their individual benefits and that of the country, adding that the country has a global competitive advantage due to its large population of young people.
While stating that technology is the major driver of economy globally with people as its critical component, he opined that enormous attention should be given to the needs of innovators in order to create a flourishing and innovative ecosystem in the country.
Speaking on possible areas of collaboration with LEAP Africa, the NITDA boss said that the newly enacted Nigeria Startup Act is an instrument both organisations can leverage to unlock and ignite activities in the innovative and entrepreneurship ecosystem.
He said, “the Act has been signed into law, the Council has been inaugurated, we have developed the implementation framework and we need partners to work together to implement it. We believe in collaboration because we cannot succeed in isolation. So, we need to work together as an ecosystem to achieve that”.
Giving further insight into the ingenuity and prospects of the Act, the DG revealed that the implementation committee has been further broken down into sub-committees to identify thematic areas in catalysing the process.
While highlighting Ecosystem Development, Capacity Building, Funding, Tax and Fiscal Incentives as some of the thematic areas identified, he gave his assurance that the Federal Government is committed to giving infrastructural support to boost the ecosystem, engaging in massive programmes to build capacities in soft skills, providing adequate funding into the ecosystem and influence policies that will act as an enabler to the ecosystem.
Inuwa added that the National Outsourcing Strategy and the National Digital Talent Strategy are other initiatives developed by the agency in upskilling players within the innovative and entrepreneurship ecosystem thereby making them marketable globally.
He added that innovation hub clusters would be built across the country to develop the capacities of talented Nigerian youths and make them marketable globally.
“We want focus on services which are digitally driven and provide the talent to build those services. You can live in Nigeria, then connect to the global value chain and earn better. You don’t need to travel and that’s what will help us to build the Nigeria we want”, he said.
While giving her remark earlier, Kehinde Ayeni said that LEAP Africa in its 20 years of existence has been involved in several projects such as the Social Innovation Programme, Nigerian Youths Futures Fund and the iLEAD programme to build capacities of youth and bridge the digital divide in the country.
She however expressed the organisation’s desire to partner with NITDA to leverage Information Technology in creating solutions to challenges daunting the innovation and entrepreneurship ecosystem in the country.
“As we continue to look at our impact over the last 20 years, one of the shortcomings that we found is what technology could do for us and the power of innovation in ensuring that the Nigeria and Africa that we are striving for is possible”, she concluded.
E-Business
Report Reveals DLL Hijacking Attacks have Doubled since 2023

Dynamic link library (DLL) hijacking is a common technique in which attackers replace a library loaded by a legitimate process with a malicious one.

It is used by creators of mass-impact malware, like stealers and banking Trojans, as well as by APT (advanced persistent threat) and cybercrime groups behind targeted attacks. Kaspersky reports that DLL hijacking attacks have doubled in the past two years.
Kaspersky has observed this technique and its variations, like DLL sideloading, in targeted attacks on organisations in Russia, Africa, South Korea, as well as other countries and regions.
To further enhance its protection capabilities against this threat, Kaspersky SIEM has introduced a specialised AI-based subsystem that continuously analyses information about all loaded libraries.
The new feature has already proven effective, helping to detect an attack by the APT group ToddyCat. It enabled the threat to be identified and blocked at an early stage, preventing any impact on the targeted organisations. The model also uncovered attempts to infect potential victims with an infostealer and a malicious loader.
“We are seeing DLL hijacking attacks become more common, where a trusted program is tricked into loading a fake library instead of the real one. This gives attackers a way to secretly run their malicious code.
“This technique is difficult to detect, and this is where AI can help. Using advanced protection techniques empowered with AI is now essential to staying ahead of these evolving threats and keeping critical systems safe,” says Anna Pidzhakova, Data Scientist at Kaspersky’s AI Research Center.
Securelist has published two related articles: the first explains how a machine-learning model was developed to detect DLL hijacking attacks, while the second describes how this model was integrated into the Kaspersky SIEM platform. The updated Kaspersky SIEMnow features AI functionality for detecting signs of DLL hijacking attacks, improving detection efficiency.
E-Business
Meta, NDPC Resolve $32.8m Privacy Dispute Out of Court

Meta Platforms, Inc., has, reconciled its differences with the Nigeria Data Protection Commission (NDPC) in the suit it filed to challenge NDPC’s $32.8m fine imposed against it.

The legal dispute between Meta and the NDPC ended after both sides agreed on terms to settle the $32.8 million fine earlier imposed on the company.
On February 18, 2025, the NDPC fined Meta $32.8 million and issued eight corrective orders for allegedly violating the privacy rights of Nigerian users through behavioural advertising practices on Facebook and Instagram.
At Monday’s proceedings before Justice James Omotosho of the Federal High Court, Abuja, Fred Onuobia, SAN, Meta’s counsel, informed the court that the parties had signed terms of settlement dated October 30 and filed on October 31.
“We adopt the terms of settlement and ask my lord to enter them as the judgment of the court,” Onuobia said.
Adeola Adedipe, SAN, Counsel for the NDPC, did not oppose the application.
Justice Omotosho then adopted the agreement as the court’s judgment and commended both parties for choosing to resolve the matter amicably.
“The terms of settlement entered by the parties in suit number FHC/ABJ/CS/355/2025, dated October 30 and filed October 31, 2025, are hereby adopted as the judgment of this court,” the judge ruled.
The decision ends months of litigation after Meta challenged the NDPC’s fine and enforcement orders through a judicial review, claiming the agency acted beyond its powers and failed to follow due process.
After several adjournments to allow for discussions, both sides eventually reached a mutual resolution.
The NDPC’s case against Meta is one of its major enforcement actions under the Nigeria Data Protection Act, signed into law by President Bola Tinubu in June 2023, which seeks to strengthen the protection of Nigerians’ data privacy rights.
E-Business
World Economic Forum Head Predicts AI, Crypto Bubbles

Large investments in artificial intelligence and cryptocurrencies could lead to the development of bubbles, according to Børge Brende, president, World Economic Forum (WEF).

Børge Brende, president, World Economic Forum
“There is definitely a geopolitical disorder … But even in the situation of geopolitical disorder, the global economy has been incredibly resilient – not necessarily in Europe but in India, China and the USA,” Brende said in Berlin.
He noted that this was being fuelled by investments in new technologies like AI.
“This year has seen $US500 billion ($A762 billion) of investments in AI alone. So, what we can be worried about is that there may be bubbles developing, be it a bubble on crypto or an AI bubble,” Brende said.
The WEF head said investors need to be patient with these investments.
But he also said that frontier technologies would be the new drivers of growth.
“We will also need to make sure that the new technologies and the benefits trickle down. We could even see productivity gains of 10 per cent in the coming decade. And productivity is prosperity,” Brende said.
He described the new technologies as “a big paradigm shift” and predicted breakthroughs in medicine, synthetical biology, space and energy.
“AI can accelerate processes so quickly,” he said.
The Norwegian has taken over from WEF founder Klaus Schwab.
The forum holds an annual conference in Davos in the Swiss Alps attended by world political and economic leaders.
The 56th conference is scheduled for January 19-23, 2026.
Brende also expressed concern about global crises and conflicts.
“There is definitely a geopolitical disorder: the world order we had is not there anymore. What is the next world order? Hopefully not the law of the jungle,” he said.
And, in a reference to current US tariff policy, he said that uncertainty was the highest tariff.
“One of my worries is that global investments are going down. We need to re-establish an environment for investments,” he said.
Brende said the current competition between the United States and China was “basically a competition for hegemony or dominance in technology. The country that leads in new technologies – be it quantum, superintelligence, AI, autonomous vehicles or synthetical biology – will also be the most powerful nation coming out of this century,” he predicted.
And he called for multilateral action to deal with “problems that don’t travel with a passport,” including pandemics and cybercrime.
The world is becoming more complicated with different groups forming, Brende said.
He pointed to a G4 of the US, China, Europe and India, followed by fast-growing economies like Indonesia, Malaysia, Nigeria and Brazil.
“It’s going to be a renaissance for mega-regional, so-called plurilateral, deals. But the world is going to be more complicated. There are going to be more suboptimal, not necessarily cost-effective solutions. There is going to be more friendshoring,” he said.
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