E-Business
Encouraging IT Professionalism For The Benefit Of the Common Man

It is a known fact that no serious economy can develop without IT. All the more technologically advanced countries have been known to leverage on IT.
The case of Nigeria cannot be different. It would be repeating the obvious to say that this country has enormous potentials and resources in IT for it to be reckoned with in the comity of nations, but we have not been able to harness this resources and potentials into a structured and patterned developmental process.
What we have presently are pockets of IT solutions and applications developed by few professionals, more for personal gains than national good.
And I think that it is time we begin to approach addressing national infrastructural challenges and development using IT differently.
There is need for synergy among IT professionals practicing in the Country. The open source development model should be explored.
Encouraging Professionalism For The Benefit Of The Common Man
The IT profession, globally, knowledge-based as it is, no doubt, has become an all-comers affair.
In Nigeria, the profession is probably the most abused. It is so bad that anybody that can press a few keys on a computer will claim to be a professional. Some have even turned it into a kind of trade that you learn.
There are at least two informal computer training institutions on every street in the Country.
These institutions use curricula that are neither defined in content nor standardized by any authority.
Yet they award all sorts of certificates, diplomas and even degrees in some cases. Even the so-called formal institutions are equally guilty.
Some of them still use curricula that are not only obsolete and outdated but also out of tune with reality. Some of them do not have even the most basic of laboratory equipment.
There are computer science departments in some of our tertiary institutions with graduates of other disciplines as heads.
All these to me are a mockery of any serious attempt at taking advantage of our IT industry for national development.
The IT industry is what some developed nations have leveraged upon and are today dictating the pace of the world.
If we are really serious about development as a nation, the attitude to the industry has to change drastically.
I have noticed in this Country that the issue is usually not that of identification of the problem, neither is it proffering the solution but the aggregate will of the people to make a change.
There is also the problem of the political will by decision makers to implement solutions. The myriad of problems in the country will persist as long as these two attitudes remain.
There is a definite need to professionalize the IT industry for optimal benefits.
The industry is too sensitive and strategic to any meaningful development to be left unregulated. We need to start by defining the terms, just like it is done in other serious professions.
There must be set standards to be attained before being recognized as a professional. These professionals must then be given set goals and targets. We also need to define our national IT needs, goals and objectives.
The professionals must then be encouraged to come up realizable and workable approach to tackling our national infrastructural and developmental challenges.
The poor power supply situation in the country today, the very erratic and almost unreliable telecommunications service and the seeming intractable daily security challenges are a sad reflection of our uncoordinated approach to the potentials available in our IT industry.
The IT industry in the country needs to be coordinated, organized and focused. The players in the industry need to come together and synergize, else the foreign companies will continue to dominate and take advantage.
The efforts of NITDA in terms of encouraging local content in the IT industry should energize and challenge the professionals.
There should be concerted effort to sanitize the industry, so that quacks and briefcase-carrying impostors leave the profession.
There should be adequate recognition and reward for the professionals. There should be preference for locally developed solutions to foreign ones that can do the same things. All these will further encourage the professionals to be more productive and this will ultimately benefit the nation and our dear common man.
Finally, I think it is time we begin to invest seriously in research and development, so that we can reduce our dependence on foreign ready-made products and solutions. We have the resources, what we probably need to pray for is the will.
A paper delivered by Mr. Sikiru Shehu, registrar, Computer Professionals (Registration Council of Nigeria) at Nigerian DigitalSENSE Forum 2014 held in Lagos on 5th & 6th June, 2014.
E-Business
Nigerian Terra Industries Secures $11.8m for Expansion

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.
E-Business
Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk

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.
E-Business
Study Reveals 88.5% of Phishing Attacks Focus on Stealing Account Credentials

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.
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