E-Business
Firm Unveils Banking Trojan’s Sneaky Evolution and Cryptocurrency Threats

Kaspersky experts have analysed a recent campaign by Zanubis, a banking Trojan distinguished by its adeptness at assuming the guise of legitimate applications.

The investigation also sheds light on the recently discovered AsymCrypt cryptor/loader and the evolving Lumma stealer, underscoring the increasing need for enhanced digital security.
Zanubis, an Android banking trojan, surfaced in August 2022, targeting financial and crypto users in Peru. Impersonating legitimate Peruvian Android apps, it tricks users into granting Accessibility permissions, surrendering control.
In April 2023, Zanubis evolved, posing as the official app for the Peruvian governmental organisation SUNAT (Superintendencia Nacional de Aduanas y de Administración Tributaria), showcasing increased sophistication.
Zanubis is obfuscated with the help of Obfuscapk, a popular obfuscator for Android APK files. Once it gets permission to access the device, it tricks a victim by loading a real SUNAT website using WebView, making it seem legitimate.
To communicate with its controlling server, it uses WebSockets and a library called Socket.IO. This allows it to adapt and stay connected even if there are issues. Unlike other malware, Zanubis doesn’t have a fixed list of target apps.
Instead, it can be programmed remotely to steal data when specific apps are running. This malware even creates a second connection, which could give the bad actors full control over your device. And the worst part is, it can disable your device by pretending to be an Android update.
Another recent discovery made by Kaspersky is AsymCrypt cryptor/loader, which targets crypto wallets and is being sold on underground forums. As the investigation showed, it is an evolved DoubleFinger loader version, acting as a “front” to a TOR network service.
Buyers customise injection methods, target processes, startup persistence, and stub types for malicious DLLs, concealing the payload in an encrypted blob within a .png image uploaded to an image hosting site. Execution decrypts the image, activating the payload in memory.
Kaspersky’s tracking of cyber threats has also led to the Lumma stealer, an evolving malware lineage. Originally known as Arkei, the rebranded Lumma retains 46% of its former attributes. Disguised as a .docx to .pdf converter, its deceptive distribution triggers the malicious payload when uploaded files return with a double extension .pdf.exe.
Over time, the main functionality of all the variants has remained the same: stealing cached files, configuration files and logs from crypto wallets.
It can do this by acting as a browser plugin, but it also supports the standalone Binance application. Lumma’s evolution includes acquiring system process lists, changing communication URLs, and advancing encryption techniques.
“Cybercriminals are relentless in their pursuit of monetary gain, venturing into the world of cryptocurrencies and even impersonating government institutions to achieve their objectives.
“The ever-evolving landscape of malware, exemplified by the multifaceted Lumma stealer and the ambitions of Zanubis as a full-fledged banking Trojan, underscores the dynamic nature of these threats.
“Adapting to this constant transformation in malicious code and cybercriminal tactics poses an ongoing challenge for defense teams. To safeguard against these evolving dangers, organisations must remain vigilant and well-informed.
“Intelligence reports play a pivotal role in keeping abreast of the latest malicious tools and attacker techniques, empowering us to stay one step ahead in the ongoing battle for digital security,” comments Tatyana Shishkova, a lead security researcher (GReAT) at Kaspersky.
E-Business
Galaxy Backbone Celebrates the Federal Government’s Paperless Civil Service Milestone

Galaxy Backbone (GBB) aligns with and celebrates the successful announcement by the Office of the Head of the Civil Service of the Federation on the achievement of a Paperless Civil Service, a significant milestone in Nigeria’s public sector reform and digital transformation agenda.

The milestone was formally highlighted at a press briefing led by the Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack, who commended Galaxy Backbone for its sustained support and contribution throughout the implementation of the programme.
GBB has played a critical role in enabling this transition by providing secure, scalable, and shared digital infrastructure that supports the digitisation of government processes across Ministries, Departments and Agencies (MDAs). Through the 1Government Cloud, MDAs have been empowered to migrate from paper-based workflows to digital platforms, improving efficiency, collaboration, data security, and service delivery across the Federal Civil Service.
In addition, GovMail, GBB’s secure government email platform, has strengthened official communication, enhanced records management, and reinforced cybersecurity standards—key pillars in sustaining a paperless operating environment.
Galaxy Backbone acknowledges the collective efforts of the Office of the Head of the Civil Service of the Federation, Permanent Secretaries, Directors of ICT, consultants, partners, and dedicated public servants whose commitment and collaboration ensured the smooth delivery of this initiative.
The Managing Director/Chief Executive Officer of Galaxy Backbone, Prof. Ibrahim Adeyanju, was represented at the press briefing by Akintayo Bamisaye, Acting Group Head, Research, Digital Innovation and Skills Department (RDIS).
GBB describes the achievement as a strong close to 2025 and reaffirms its commitment to supporting the Federal Government in building a modern, efficient, and digitally enabled public service.
E-Business
Jumia CEO says Black Friday Signals Nigeria’s E-Commerce Maturity

At the close of 2025, Temidayo Ojo, the CEO of Jumia Nigeria, reflected on a year-end shopping season that points to the growing maturity of the country’s e-commerce market. “Black Friday is no longer a single, short-lived spike in activity,” he said.

“It has become a familiar, anticipated moment in the retail calendar, where consumers shop deliberately and with confidence.”
Preliminary KPIs for the two months ended November 30, 2025, show strong year-on-year growth in both orders and Gross Merchandise Value (GMV), with GMV growth outpacing order growth. This indicates that customers are placing fuller, more considered baskets rather than shopping in fragmented transactions. Nigeria ranked among Jumia Group’s better-performing markets, with engagement remaining steady throughout the Black Friday period rather than spiking briefly and tapering off.
A key factor behind this performance is the growing familiarity of consumers with online shopping. Customers are increasingly leveraging platform features such as saved carts, brand stores, and price comparison tools to plan purchases in advance. This trend suggests that digital commerce is becoming embedded in everyday habits rather than being viewed as a one-off event.
Ojo also highlighted the role of Jumia’s JForce network in connecting digital commerce to local communities. “Our agents are critical to ensuring that customers across Nigeria, including secondary cities and smaller communities, have access to variety, consistent pricing, and reliable delivery,” he said. “During peak periods like Black Friday, JForce agents can respond faster, serve more customers efficiently, and build stronger local relationships. This isn’t just a distribution channel—it’s a pathway to sustainable income and inclusion.”
Reflecting on the overall performance, the CEO concluded: “What we’re seeing this year-end is steady engagement across categories, stronger consumer confidence, and partners like our JForce agents benefiting from increased activity.
“It confirms that Nigeria’s e-commerce ecosystem is maturing, growing in a more structured and resilient way. As the December Holiday Sale continues, we expect these patterns of familiarity, trust, and participation to sustain momentum and drive both commerce and community impact across the country.”
E-Business
Galaxy Backbone Tops FG’s Website Performance Ranking

Galaxy Backbone Limited (GBB) has been ranked first overall in the 2025 Federal Government Website Performance Scorecard.

This is a landmark achievement for Nigeria’s digital economy.
The ranking, conducted by the Bureau of Public Service Reforms (BPSR), is the definitive benchmark for digital excellence and transparency across all Ministries, Departments, and Agencies (MDAs).
Professor Ibrahim Adepoju Adeyanju, managing director and CEO of Galaxy Backbone, received the award during a ceremony in Abuja.
He described the feat as a validation of the agency’s“Nigeria First”data sovereignty strategy and its relentless pursuit of service excellence.
This recognition comes as the Federal Government intensifies its push to achieve a fully paperless civil service by December 31, 2025.
GBB has been the primary architect of this transition through its 1Gov Enterprise Content Management (ECM) platform, which now hosts the operations of almost all federal MDAs.
The award adds to a growing list of accolades for Galaxy Backbone in 2025, following its recent win of the “International Standard Excellence Award for Best IT Service Provider.”
As the central hub for government shared services, GBB’s performance serves as a blueprint for other agencies currently undergoing digital transformation.
With its expanded fiber-optic backbone now covering over 13 states and its secure cloud solutions, Galaxy Backbone remains the cornerstone of Nigeria’s vision to become a leading digital nation by the end of the decade.
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