News
Cyber Threats Wreaking Havoc on Enterprises

A consistent bombardment of unknown, targeted, and adaptive cyber threats are wreaking havoc in the enterprise and driving the expansion of Threat Intelligence Security Services (TISS)
Intelligence report showed that the TISS expansions are specifically designed to detect advanced persistent threats (APTs), advanced malware, and previously unidentified attacks.
Businesses and even the government sites in Nigeria are not spared in the worrisome attacks, especially with no cyber protection law to try offenders.
The bulk of knocks and tongue-lashing on the government by IT security experts within and outside the Country might have spurred the office of the National Security Adviser (NSA’s) National Cybersecurity Forum holding June 18 to 19, 2014 at Eko Hotel & Suites, Victoria Island in Lagos.
According to new research from International Data Corporation (IDC), worldwide threat intelligence security services spending will increase from $905.5 million in 2014 to more than $1.4 billion in 2018.
The TISS market is made up of several distinct facets, including data feeds and publications, consulting security services, and managed security services (MSS).
IDC has expanded its definition of the intelligence security services market to include what it calls iterative intelligence.
This iterative process learns from past experiences and mistakes, and incorporates this new knowledge at a more rapid pace, which often results in better long-term solutions.
“Threat intelligence is essentially a community activity,” said Christina Richmond, Program director, Security Services at IDC. “Attack information can come from many different sources, and iterative intelligence organizes this chaotic process of information sharing in order to help organizations in making future decisions.”
Additional findings from IDC’s forecast include that TISS consulting services make up roughly 22% of the 2013 TISS revenue.
Also, iterative intelligence must be available to small and medium-sized businesses as they see increased attacks like wire fraud and intellectual property theft.
Market observers also said that both professional and managed security services will continue to experience strong growth in the threat intelligence arena.
TISS offers customers deeper insights into global threat environments than they could achieve themselves.
Security services firms are creating alliances with universities and accreditation programs to find and develop security personnel.
Toheeb Agboola, chief technical officer, Information Technology Resources and Development Network (ITRDN), spoke to Nigeria CommunicationsWeek on cyber-security experience in Nigeria, presently.
He said, it is no news that Nigeria ranks top among countries with high exposure to cyber threat unlike in the past, the nation has graduated into the eye of the storm.
Agboola said, “Individuals and businesses need to exercise measures and adequate protection strategy and recovery plan while government must as a matter of national importance enforce proper national policy and action plan on protection from cyber threats, aggressions and crimes. I am aware NITDA inaugurated a team sometime ago in April to serve as a watch dog for cyber threat and online aggression against Nigeria and I believe it’s a good start but take note we are behind. So efforts should be able to speed up the process.
“Our exposure to attract cyber attacks is largely due to rising development of internet based transactions and activities as well as increasing broadband availability/internet penetration, implementation of cashless system, growing usage of mobile and smart devices and the fast growth of online ecommerce arena.
As more and more of our daily engagements, social interaction and business transaction continues to depend on online platforms, computers and internet, the risk of increasing cyber threat and warfare has become inevitable at the different levels of our national life and its imperative to institute a three phase model – Plan, Prevent and Protect – in the scheme of our national security plans.
“It is important to state that individuals, businesses and indeed the government are constantly at risk of cyber attacks and should take priority in taken concrete steps to mitigate and prevent such destructive potential before they ever materialize. Although our lackadaisical attitude and assumption that presupposes that we are not potential targets are major storming blocks for getting started on the right track”.
Agboola further warned that any businesses, individuals or government that use, produce, manage or collect important user or business data is at risk of cyber threats and a potential target.
He said every effort should be made to prevent, detect and address cyber issues as they before and while they occur, adding that cyber traitors are no respecters of developed country or developing nations as all are exposed in the global village era.
News
Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.
Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.
Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.
To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.
Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.
“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”
The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.
“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.
News
Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt
Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.
GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.
Individuals owe N13.5 million to N35 million each.
Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.
More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.
Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.
Pedro urged prompt filings and payments.
News
Beware of Fake Cerelac Products – NAFDAC

National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.
It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.
NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).
Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.
NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.
It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.
According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.
“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.
“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.
The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.
It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.
NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.
It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.
The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.
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