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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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Nigeria Targeted with 4,622 Cyber-attacks Per Week in December 2025

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In December 2025, organisations globally faced sustained cyber pressure, as the average number of cyber-attacks per organisation per week reached 2 027, a 1% increase from the previous month and a 9% increase from December 2024.

This is according to December 2025 Global Cyber Attack Statistics by Check Point Research, the threat intelligence arm of Check Point Software Technologies.

According to the statistics, Latin America was the hardest hit, with companies experiencing an average of 3 065 cyber-attacks per week, a 26% year-over-year increase.

In contrast, Africa saw a decline in attacks, with Nigeria (4 622 attacks per week) and Angola (4 002 attacks per week) being the most targeted countries on the continent.

The report’s findings highlight the evolving cyber threat landscape, with ransomware and GenAI-driven data risks posing significant challenges to companies worldwide.

Ransomware attacks jumped 60% year over year, with 945 publicly reported incidents in December. Qilin was the most active ransomware operator, responsible for 18% of publicly disclosed attacks.

“Ransomware continues to scale through industrialised operations, while unmanaged GenAI usage is creating widespread data exposure at enterprise level,” said Omer Dembinsky, data research manager at Check Point Research.

The report noted the education sector was the most targeted industry globally, with 4 349 cyber attacks per week; followed by government (2 666 attacks per week); and associations and non-profits (2 509 attacks per week).

The widespread adoption of GenAI tools has introduced new cyber security risks, with one in 27 GenAI prompts posing a high risk of sensitive data leakage.

Experts warn that companies must prioritise prevention-first security, real-time AI threat intelligence and strong governance over AI tools to mitigate these risks.

Hendrik de Bruin, head of security consulting at Check Point Software, added: “Strengthening ransomware resilience, deploying AI-powered prevention and enforcing clear GenAI governance will be critical to reducing cyber risk in the year ahead.”


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Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise

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Among the primary reasons for establishing a Security Operations Center (SOC) are strengthening cybersecurity posture, enabling faster detection and response and gaining a competitive edge.

Interestingly, despite the increasing demand for automated cybersecurity solutions, businesses rely on skilled security professionals to make key decisions, as human expertise remains essential for effective security management.

A Security Operations Center (SOC) is a dedicated organisational unit responsible for continuous monitoring and safeguarding of a company’s IT infrastructure. Its core mission is to proactively detect, analyse and respond to cybersecurity threats.

To identify the main drivers, strategic priorities, and potential challenges in SOC planning and implementation, Kaspersky has conducted a comprehensive global study involving senior IT security specialists, managers and directors from companies with 500 or more employees.

All participants operate without a SOC but have plans to establish one in the near future. The study spans 16 countries across APAC, META, LATAM, Europe, and Russia, providing valuable insights into the emerging trends and best practices in SOC development worldwide.

The findings of the research reveal that 50% of companies intend to establish SOCs to strengthen their cybersecurity posture, and 45% are motivated by the need to address increasingly sophisticated and dangerous threats.

Other drivers include budget optimisation, the necessity for faster detection and response, and the expansion of software, endpoints and user devices – factors that demand more comprehensive and layered security measures.

These are cited by 41% of organisations. Additionally, 40% seek better protection of confidential information, 39% aim to meet regulatory requirements and one-third (33%) expect SOC capabilities to provide a competitive edge. Larger enterprises tend to cite each of these reasons more often, reflecting the broader operational and regulatory pressures they experience.

Continuous monitoring becomes the leading SOC requirement

Among the key functions organisations plan to delegate, 24/7 security monitoring leads at 54%. This around-the-clock vigilance enables early detection of anomalies, prevents escalation and sustains cyber resilience in real-time. This demand highlights a strategic requirement for proactive risk management, as organisations aim to defend against persistent threats that can strike at any moment.

Companies intending to fully outsource SOC operations show a stronger interest in applying “lessons learned” methodologies, whereas those developing internal SOCs focus more on access management to maintain tighter control.

Human expertise drives SOC technology choices

While SOCs use advanced technology, the choices made by organisations show that human analysts are very important. Among the solutions that organisations plan to include in SOC are – Threat Intelligence Platforms (48%), Endpoint Detection and Response (42%) and Security Information and Event Management systems (40%) – sophisticated solutions that automate data collection and reduce operational load, however, they depend heavily on skilled security professionals who provide critical context, interpret complex findings and make final decisions when guiding appropriate responses.

Other solutions chosen include Extended Detection and Response (38%), Network Detection and Response (37%) and Managed Detection and Response (33%). Large enterprises tend to adopt more technologies (5.5 per SOC on average), while smaller ones integrate fewer (3.8).

“To successfully build a SOC, companies must prioritise not only the right mix of technology but also the careful planning of processes, clear goal-setting and effective resource distribution.

“Well-defined workflows and continuous improvement are essential to ensure that human analysts can focus on critical tasks, making the SOC a proactive and adaptable component of their cybersecurity strategy,” comments Roman Nazarov, Head of SOC Consulting at Kaspersky.

 


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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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