E-Business
VP Osinbajo to Address AYESA Conference on Job Creation

Vice president Yemi Osibanjo has been scheduled to address young people at the Africa’s Young Entrepreneurs Student Association (AYESA) conference holding in Lagos.
The initiative developed by A.Y.E headquartered in Johannesburg South Africa aims to provide viable and sustainable solutions to unemployment in Africa and will help develop young people to think like Job creators and opposed to Job seekers.
The initiative came from the reality of unemployment in Nigeria and Africa and the effects of it. AYESA will provide long term solutions that will impact and change lives, said Ms. Ibada Ahmed, vice president of A.Y.E.
She said that for many years the policy makers of Africa had fought and blamed the education system of Africa for not being structured to be in tune with the realistic needs of the average African graduate and potential entrepreneur.
“They claimed that it was alien and not made for the brains and diverse business environment of our continent,” she said.
Ms. Ahmed further stated that although this was a largely debated matter then, it was eventually revised through various laws in different countries and today remains a non-debatable matter because of it revision and changes made.
According to her, African problems needed African solutions and after 24 months research and fine tuning, the Africa’s Young Entrepreneurs Student Association is ready for launch and implementation.
A.Y.E is the largest Economic group in Africa with more than 12 million pan African members and in 19 African countries.
Mr. Summy Francis, president of A.Y.E, reiterated the Vice Presidents statement and further stated that 10,000 Jobs would be created from AYESA among previously unemployed youth.
As a result 100,000 Jobs would be created through employment. Francis, further challenged financial institutions in Africa to come together to develop a win-win strategy for African entrepreneurs and called for review of monetary policy and subsequent review of interest rates for start-up
He encouraged Nigerian and African Governments to extend outreach to innovative solutions that are guaranteed to impact lives through sustainable Job creation.
He mentioned that A.Y.E had spent more than $100,000 United States dollars from internally generated revenue to research and launch AYESA for the betterment of Africa.
He added that AYESA was revolutionary in its success in that qualified participants of the 10,000 Entrepreneurs would be put through incubators to help them think like entrepreneurs and equip them to become excellent ones.
The incubators would serve as a one stop shop service centre where various solutions are provided, he stated.
Mr. Oluwadare, who is head of the A.Y.E economic team stated that the upcoming AYESA conference is in the interest of every Nigeria youth to the regard of Job creation via entrepreneurship right from formative academic days.
He noted that Africa’s Young Entrepreneurs economic development committee which he heads, spearheaded research backed with facts on the best way to tackle unemployment in Nigeria cum grooming young entrepreneur for innovation and job creation.
He continued to make a note and example on everyday reality and a known fact that over 34million Nigerians wore jeans daily, over 60million tooth brushes used daily in Nigeria and over 30 million towels used daily, with more than 80% of this products not being made in Nigeria.
Mr. Oluwadare reiterated that Africa had the raw materials, the manpower and energy including drive to make it happen only if our continent and Nigeria effected tangible, measurable and sustainable policies.
He further said that Africa’s Young entrepreneur’s student Association inaugural conference will be a platform where young entrepreneurs will have first-hand information on the best way to kick start there various business with the mind-set of creating Jobs and good Return on Investment.
The A.Y.E country head invited every unemployed Nigerian to register for FREE to become Job maker as opposed to Job seekerfor the December 5, 2015 conference to be held at the Lagos University.
The conference theme ‘Entrepreneurship in Education will bring together both Nigerian and international speakers and business leaders including Lagos state Governor and Vice President H.E Yemi Osinbajo, to address the 10,000 participants in attendance.
Oluwadare encouraged the youth to dress corporate on the conference day so as to represent investment worth ideas.
*AYE logo
E-Business
Survey Shows Gaps in Cybersecurity Policies and Employee Commitment Leave Organisations Vulnerable

A recent Kaspersky survey entitled “Cybersecurity in the workplace: Employee knowledge and behaviour”, showed that 39% of professionals in the Middle East, Turkiye and Africa (META) region, consider cybersecurity rules in their company to be excessive or not fully appropriate.

While 7% noted that their organisations do not have cybersecurity rules or that they are not aware of them. These results show a disconnect between corporate cybersecurity policies and employee commitment to these rules, underscoring the risks associated with shadow IT and unmanaged device usage in the workplace.
Shadow IT is defined as the use of unauthorised software, devices, or services without IT oversight, and it has evolved into a critical business risk. While often driven by employee productivity needs, it creates blind spots for IT departments.
The rise of hybrid work environments, increased reliance on cloud-based tools and the spread of AI tools have accelerated this trend. Without robust cybersecurity management and oversight, organisations face heightened exposure to ransomware attacks, data leaks, and regulatory penalties.
19% of survey respondents in the META region said there are no policies regarding the use of non-corporate devices in their company. 35% of employees admitted that they can use their own devices to access business information, provided they have some type of cybersecurity protection, even consumer-grade software.
On the positive side, 21% said they can use their own device, but these must first pass more stringent corporate IT security checks; while 25% of respondents indicated that only devices provided by the IT function can be used for work purposes.
The situation is significantly better with permissions for employees to install software on corporate devices without IT department’s approval. 50% reported that only IT specialists in their company are allowed to install software, while in 31% of organisations only top management or designated users can do so. 11% of employees can install software that is approved by the IT team. However, 8% of respondents said that all users can install any software they need without IT agreement in their organisation.
At the same time 21% of professionals surveyed acknowledged that within the past year they installed software on their work devices without IT supervision. That highlights a persistent shadow IT challenge that continues to expose organisations to security vulnerabilities, compliance risks, and data breaches.
“Shadow IT is now a mainstream operational risk. When one in five employees installs software without IT oversight, it signals a policy gap. Many organisations already have security policies in place, but employee perception must also be considered.
Organisations should move beyond restrictive controls and instead implement intelligent, user-centric cybersecurity strategies that combine strategies that integrate technology with employee awareness and responsible use,” said Toufic Derbass, Managing Director for the META region at Kaspersky.
E-Business
Microsoft Faces £1.7Bn Cloud Lawsuit in UK over Alleged Market Abuse

Microsoft is facing a £1.7 billion ($2.3 billion) class action lawsuit in the United Kingdom over allegations that it abused its dominant market position in cloud computing.

Microsoft
The case, filed before the Competition Appeal Tribunal, was brought by Maria Luisa Stasi on behalf of about 59,000 British businesses and organisations. It alleges that Microsoft unfairly imposed higher costs on customers running its Windows Server software on rival cloud platforms.
Stasi said the company’s practices have had a significant financial impact on both public and private sector organisations over several years.
In allowing the case to proceed, the tribunal ruled that it has a “reasonable prospect of success.” The judges noted that Microsoft is alleged to have abused its dominance in the paid server operating system market to undermine competition in the cloud services space.
If the claim succeeds, compensation for affected organisations is estimated to range between £1.7 billion and £2.1 billion.
Microsoft has rejected the allegations and confirmed it will appeal the ruling. A company spokesperson said the decision does not represent a final judgment on the claims and that it disputes the substance of the case.
The lawsuit comes as regulators in the UK and the European Union intensify scrutiny of Microsoft’s cloud business practices. UK authorities are currently assessing whether the company should be designated as having “strategic market status,” a move that would subject it to stricter competition rules.
E-Business
Government, Industrial Sectors became the Primary Targets for Cybercriminals in 2025 – Report

According to the global report by Kaspersky Security Services ‘Anatomy of a Cyber World’, the government sector has emerged as the most targeted sector for the second consecutive year, accounting for 19% of all high-severity incidents in 2025.

The industrial sector closely followed at 17%, while the IT sector rose to third place with 15%, displacing finance from the top three targeted industries.
The ‘Anatomy of a Cyber World’ is a comprehensive global report drawing on incident statistics from Kaspersky Managed Detection and Response, Kaspersky Incident Response, Kaspersky Compromise Assessment and Kaspersky SOC Consulting.
This report sheds light on the most prevalent attacker tactics, techniques and tools, as well as the characteristics of detected incidents and their distribution across regions and industry sectors.
Building on these findings, the report reveals that government bodies continued to be the most targeted sector in 2025. A deeper examination of the root causes of attacks within this sector uncovers that Advanced Persistent Threats (APTs) were the most common, accounting for 33,3% of incidents.
This trend highlights the increasing sophistication of adversaries who persistently evolve their tactics to bypass automated protection. Additionally, 18,9% of government organisations experienced social engineering attacks, underscoring that employees remain a critical entry point for cyber threats.
This dual vulnerability, from both advanced persistent attackers and social engineering campaigns, underscores the need to strengthen not only technology but also organisational resilience.
Implementing measures such as role-based access control and limiting privileges can significantly reduce the impact of compromised accounts, particularly in large, distributed government environments.
The industrial sector presents a different but equally concerning profile. Threats in industrial environments are distributed with striking uniformity: APT-driven incidents constitute 17,8%, malware 14,9% and social engineering 13,9%.
This pattern suggests that industrial organisations attract a broad range of adversaries with different capabilities and objectives, rather than being primarily targeted by a single type of threat actor. Notably, confirmed cyber exercises like red teaming accounts for 22,8% of incidents in the sector, the highest share among the top three industries, reflecting growing investment in proactive security validation among industrial organisations.
In contrast, the IT sector shows a markedly different pattern. With 41% of incidents attributed to human-driven APT attacks, the highest rate across all sectors, IT organisations are clearly a priority target for sophisticated threat actors seeking to exploit trusted relationships and scale their impact through supply chains.
APT traces, which are artifacts from previous advanced persistent threat activity, were identified in an additional 17% of cases, while social engineering accounted for 11%. In contrast, red teaming represents only 9% of IT incidents, suggesting that proactive security testing remains underutilised relative to the sector’s actual threat exposure.
Interestingly, the finance sector was displaced from the top three targeted industries. According to the report, red teaming in this sector accounts for 36,1% of incidents, reflecting a mature, compliance-driven approach to proactive defence, while confirmed APT activity remains comparatively low at 11,5%.
This pattern indicates that sustained investment in security assessment can effectively enhance a company’s ability to identify vulnerabilities early, avoiding costly breaches and reducing the risk of significant damage to reputation and operations.
“Government, industrial and IT organisations consistently attract sophisticated adversaries because of the strategic value of what they hold, operate and connect to geopolitical intelligence, critical infrastructure and global supply chains respectively. The 2025 data confirms that these attacks are not opportunistic: they are targeted and often aimed at establishing persistent access.
Each of these sectors needs to operate on the assumption that determined attackers will find a way in, and focus their defences on early detection, rapid containment and minimising the window of exposure. So, proactive threat hunting, continuous monitoring and regular compromise assessments are no longer optional for organisations of any size across these industries,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.
General News3 days agoIshowSpeed’s African Tour was ‘Spy Job,’ for Elon Musk- Seun Kuti
Telecom3 days agoUniCloud Africa, Open Access Data Centres Announce Strategic Partnership to Strengthen Digital Sovereignty Across Africa
E-Financial3 days agoPolice Arraign First Bank Manager over Alleged Forex Fraud
General News2 days agoBreaking News…Hackers Allegedly Expose EFCC Data, Operatives’ Identities
E-Business2 days agoFCCPC Licenses 5 Firms for Airtime, Data Lending as Telcos Step Aside
General News3 days agoUS Library Blames Hackers for Viral Posts Urging Violence in Nigeria
E-Financial3 days agoPalmPay Hits 35m Users’ Milestone
News3 days agoUK-Nigeria Trade Mission Builds on State Visit Momentum to Drive Commercial Outcomes













