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Intel Lauds Aso Villa Demo Day Initiative as 3 Winners Emerge

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(L-r): Demola Aladekomo, former GMD/CEO, Charms Plc; Acting Director-General of NITDA, Dr. Vincent Olatunji; Country manager of Intel, Ekundare Olubunmi, and Michael Olajide, MD, Sidmach Technologies Nigeria Limited, at Aso Villa Demo Day 2016 ground final held at Aso Rock Banquet House, Abuja on Friday, September 2, 2016.
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Intel Corporation has described Federal Government’s Aso Villa Demo Day (AVDD2016) Initiative as a critical computer and internet enabled approach to promoting entrepreneurship, innovation, job creation and

Grand finale of the Initiative that leverages new and emerging technologies held at Aso Villa State House Admin Banquet Hall, Abuja, on Friday, produced three winners- Tracology, RecyclePoints and Shuttlers NG and 27 other finalists.

The event which celebrated the tech startups’ innovation and creativity also featured inspiring talks from thought leaders and experts from different economic sectors in Nigeria.

Delivery closing speech President Muhammadu Buhari, represented Vice President, Professor Yemi Osinbajo, re-echoed that, “computer plays big role in our everyday lives, and even our extraordinary moments. Computer has become so powerful that youths today cannot say they want to be part of the government; they are already part of it and playing key roles”.

The President’s speech reaffirms Intel’s “With a Computer, You are Powerful” campaign launched last month and geared towards unlocking ability of young people to get online any time, read, research and explore different concepts that spur creative ideas for their business and/or lifestyle; “just a snippet of the kind of power a computer offers you.”

The Vice President said, “Most of the people who organised Aso Demo Day are working for the government in one capacity or the other with helping hands from the private sector. So, #AVDD2016 is the first titration in series of events mapped by the present administration to address employment and other economic issues in our country”.

VP Osibanjo who spoke reverently of Mark Zuckerberg, Founder/CEO of Facebook who was present at the event, also urged the Nigerian Youths not to relent on their pursuit of excellence in different endeavours.

He said, “We are happy to have Mark Zuckerberg in our midst as he has become source of inspiration to many youths. We are also working on different areas we are going to partner. Aso Villa Demo Day 2016 is the first titration; we look forward to more expanded programme by next year to give more youths the opportunity to express themselves”.

Nodding in agreement, Ekundare Olubunmi, Country manager of Intel, stated that the Aso Villa Demo pitch ties in appropriately to Intel’s core objectives of empowering Nigerians with technology.

He said” Technology is the backbone of the future economy. The rate of change brought about by technology and especially computers is exponential, hence, the reason Intel will continue to invest in technology and to support start -ups who have empowered themselves and Nigerians in general through the use of computer technology”

Three Winners Emerge
Shuttlers NG
Damilola Olokesusi and Oluwabusola Majekodunmi are co-founders of Shuttlers NG, a mass transit application that enables professionals to access comfortable and efficient transportation to and from work using seat matching technology.

Speaking to Nigeria CommunicationsWeek Majekodunmi, said the application will redefine mass transit system in the country, particularly, traffic congested cities like in Lagos, Port Harcourt, Ibadan, Abuja, among other.

“Shuttle professionals can book and track whatever journey they embark on to and fro. We have are working on the app, however, currently, professionals book on our site. When we refer to professionals, we mean, anyone that commutes to work or activities daily; we know how stressful it has been for people to drive to traffic without prior notice. We are entrenching safe, quality transport system that is affordable. We want to help the government maintain standard transportation system too.

“Through the application people can locate the jetties, bus stops and train stations. Someone can get to the jetty and prefer to continue his/her ride in a bus. So, currently, we run a subscription based model, but we are working towards enabling people book for, probably, cab via the system”.

Tracology
Tracology deploys Barcodes/QRcodes to residences serviced by registered utility/waste management companies.
 
These Barcodes/QRcodes are scanned on waste pickup day thereby verifying customers that have paid using electronic payment. The customers, in turn, pay online and on the delivery day.

Also speaking to Nigeria CommunicationsWeek, Emmanuel Okena, founder/CEO of Tracology said that the patented smart payment system will boost governments’ and utility companies’ revenue generation drive while engendering customer service satisfaction.

Okena said, “With Tracology we help government and utility companies whether it is waste, water or land use charge, we help them affix barcodes on the residence so that through the barcode it will be easier to identify their clients. It offers real time authentication of payment for services.

“We have seen with our technology is that it will enable us have cleaner cities, increased revenue generation, which leads to more civil serviced activities like building of roads, income generation, better return on investments for companies on our platform. It is a win-win situation for everybody that is involved.

“We like to thank Microsoft for giving us seed funding to position the company for early growth. Apart from the seed funding of N3.5million, they opened up the Microsoft Azure which we are using to post our software; supportive with mentorship and it has been a wonderful experience with Microsoft. “The next stage is for us to drive adoption across the country which will benefit all that will be part of it.

On his part, Alison Ukonu, CEO/founder, Recycle reiterated that RecyclePoints as a waste recycling and social benefit venture operates an incentive-based scheme which collects recyclable materials from post consumers and in turn rewards them with ‘points.’

These points, when accumulated, Ukonu said, could be used to redeem/shop for household items offered through its iRecycle store.

He told Nigeria CommunicationsWeek that at RecyclePoints they encourage post-consumers to neatly separate and bag waste items for collection. Such items are: plastic waste; used beverage sachets; sachet water wastes; old newspapers; glass bottles, whether clear, amber or green and brown corrugated cartoons.

“So, registered subscribers are expected to call/sms us for recyclable wastes pickups. We operate a door-to-door collection or recyclable waste, through the services of RecyclablePoints registered wastebusters who are uniquely designed electric cargo tricycles to pickup and record quantities of waste collected from registered recyclers”.

He said that they have also mapped our designated drop-off centres called iRecycle Kiosks where post-consumers can on their own access to drop their recyclable waste materials.

 

 

 

 


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Nigerian Terra Industries Secures $11.8m for Expansion

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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.

 


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Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk

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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.

 


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Study Reveals 88.5% of Phishing Attacks Focus on Stealing Account Credentials

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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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