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Ngige, Labour Minister Launches YUBOSS Scheme @ Yudala Zero Gravity

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Senator Chris Ngige, minister of Labour and Productivity, is scheduled to officially launch YUBOSS – an entrepreneurship and wealth creation scheme set up by Yudala in partnership with foremost financial institution, Access Bank Plc. and telecommunications giants, Airtel as part of the activities at the Yudala Zero Gravity concert holding at the Sheraton Hotel, Abuja on Friday October 21st from 4pm.

YUBOSS is an entrepreneurship scheme set up by pioneer online and offline retail giants, Yudala to build a league of emerging entrepreneurs and generate creative employment for millions of Nigerians.

Members are entitled to attractive commissions and a wide range of benefits including business mentorship sessions and capacity-building workshops.

Through YUBOSS, Yudala seeks to generate creative employment for thousands of Nigerians by offering them a chance to earn mouth-watering commissions through sales of Yudala’s wide range of products.

The scheme is structured to see members rise through the ranks and ultimately become the part-owner of a Yudala franchise store when they achieve platinum status.

Interested individuals can access the YUBOSS page on the Yudala website to sign up for the scheme by filling the registration form on the page. Apart from being able to sign up on the Yudala website, intending members who have existing accounts with Yudala can migrate it to the YUBOSS by signing up after logging in.

Instructively, YUBOSS is targeted at smart Nigerians: undergraduates, post-graduate students, unemployed and under-employed individuals, housewives etc. who have the drive and ambition to earn money and be their own bosses.

Mr. Dave Ibelegbu, chief executive officer (CEO), Yudala Nigeria, who signed the contract documents on behalf of the company, had stated the massive impact YUBOSS will have in improving the lives of participants.

“I enjoin Nigerians to visit the Yudala website to sign up to YUBOSS. This is a scheme that will definitely change the lives of millions of Nigerians. There is no investment on the part of members. Exceptional performers will enjoy commissions and swift movement through the scheme to become eventual business partners of Yudala.”

On his part, Mr. Victor Etiokwu, executive Ddrector, Personal Banking at Access Bank,  who represented Mr. Herbert Wigwe, group MD, disclosed that YUBOSS is a game-changer which is set to unlock prosperity for millions of Nigerians, while taking the nation’s economy to greater heights at this critical period of our national life.

“When the discussions on YUBOSS commenced between both organizations, I was excited because this is an initiative that will empower millions of Nigerian youths and by extension, contribute to the growth and development of the Nigerian economy. I am not in doubt that this scheme will be a huge success, especially considering Yudala’s nationwide network of stores, the calibre of renowned entrepreneurs driving the company and the drive and expertise exhibited by the entire team.”

Also, Mr. Segun Ogunsanya, chief executive officer/managing director, Airtel Nigeria emphasizes the strategic nature of Airtel’s partnership with Yudala, which according to him, will undoubtedly raise the profile of the YUBOSS scheme by offering members a sound telecoms network and high speed data access on 3G network.

He noted that contemporary society is increasingly reliant on information as a gateway to wealth creation – a requirement Airtel sufficiently fulfils with its broadband wireless services and high speed internet access which will go a long way in empowering YUBOSS members to achieve the ultimate target of creating wealth for themselves and being their own bosses.

Yudala Zero Gravity – a multi-city mega entertainment concert –  kicked off with a Contemporary Music Concert on Sunday October 2nd at the Landmark Event Centre, Lagos and featured thrilling performances from a host of superstar artistes including Olamide, Naeto C, Sound Sultan, Humblesmith, Zoro and an eye-catching performance from fast-rising act, David Grey. In addition to a keenly contested dance competition, ace comedian Ali Baba was also hand to treat the audience to a repertoire of rib-cracking jokes from his collection.

The well-attended event had a number of dignitaries including bank CEOs, Chief Executives and captains of industries in attendance as well as a number of corporate organizations represented including Hewlett Packard, Airtel, Access Bank, Stanbic Bank, Hennessy, Kia Motors, Uber.

The event was also covered extensively by major media establishments such as MTV Base, Trace TV, among many others.

The Yudala Zero Gravity fever is set to grip the city of Abuja with a Contemporary Music Concert on October 21st and a Rock Gospel Concert on October 22nd at the Sheraton Hotel, Abuja while Enugu will rock with a Contemporary Music and Rock Gospel Concert on November 5th and 6th respectively at Michael Okpara Square.

The grand finale of Yudala Zero Gravity 2016 will feature a Rock Gospel Concert in Lagos at the Federal Palace Hotel on November 20th featuring a strong field of A-list gospel artistes.


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E-Business

Firm Detected a Scam Exploiting OpenAI’s Teamwork Features

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Kaspersky has detected a scam tactic leveraging the OpenAI platform. Attackers are abusing OpenAI’s organisation creation and team invitation features to send spam emails from legitimate OpenAI addresses, potentially tricking users into clicking scam links or calling fraudulent phone numbers.

The spam campaign begins with attackers registering an account on the OpenAI platform. During registration, users are prompted to enter an organisation name, which can consist of any combination of symbols. Scammers exploit this by embedding deceptive text and fraudulent links or phone numbers directly into the field for organisation name itself.

Once the “organisation” is created, OpenAI provides an option to “invite your team,” allowing the input of target email addresses of victims. When invitations are sent, they originate from OpenAI’s address, making them appear fully legitimate from a technical standpoint.

Kaspersky detected several types of messages containing email threats sent in such a way. These are scam emails that promote fraudulent offers, such as adult services. Another attack angle is vishing – false notifications claiming a subscription has been renewed for a large sum: attackers instruct recipients to call a provided phone number to “cancel” the charge or take other actions that lead to further compromise. There may also be other email threats spreading via OpenAI platform.

The text that the attackers want the victims to read (highlighted in bold in the email template) is structurally inconsistent with the rest of the email template – which was originally designed to invite project collaborators. But the attackers bet on the fact that the victims would not pay attention.

“This case highlights a vulnerability in how platform features can be weaponised for social engineering email attacks. By embedding deceptive elements in seemingly innocuous fields like organisation names, scammers attempt to bypass traditional email filters and exploit user trust in reputable services.

“We urge all users to verify invitations carefully and avoid clicking embedded links without scrutiny. We also recommend brands to consider whether their online services or platforms could be abused by attackers,” comments Anna Lazaricheva, senior spam analyst at Kaspersky.

 


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What the Retail and E-commerce Sector Should Expect in 2026 in Era of AI-driven Shopping and Privacy

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In 2025, the retail and e-commerce sector continued to face intense pressure from cybercriminals. According to Kaspersky data, 14,41%* of users in the global retail sector encountered web-based threats, while 22,20% were affected by on-device attacks.

Ransomware remains a serious concern for the industry. Last year, 8,25% of retail and e-commerce companies experienced ransomware incidents, and the number of unique B2B users in the sector affected by ransomware detections rose by 152% compared to 2023, signalling a sharp escalation in targeted attacks.

Phishing also continues to be a major threat vector. Kaspersky identified 6.7 million phishing attacks targeting users of online stores, delivery services, and payment systems in 2025. More than half of these attacks (50,58%) were aimed specifically at online stores, underscoring cybercriminals’ focus on e-commerce platforms as high-value targets for fraud and data theft.

A look at 2025 cybersecurity for retail & e-commerce: Trends and what happened

A stealer with a taste for pizza delivery. Shopping and food ordering via mobile apps are routine user behaviours. However, 2025 demonstrated that even downloading a seemingly legitimate app from an official app store does not guarantee safety, nor does it ensure that user data and financial credentials will not be compromised.

Ransomware detections in the B2B sector increased due to a single dominant actor. The number of unique users in the Retail & E-commerce sector who encountered ransomware detections increased by 152% in 2025 compared to 2023 (Nov 2024 – Oct 2025 vs. Nov 2022 – Oct 2023).

The most significant growth occurred during the 2024-2025 period and is largely attributable to the rapid spread of the Trojan-Ransom.Win32. Dcryptor family, which became highly prevalent across the retail and e-commerce sector in some of the analysed markets. This malware is a trojanised ransomware variant that leverages the legitimate DiskCryptor utility to encrypt disk partitions on victim systems.

Phishing activity in the online retail segment stood out. Despite being a long-established attack technique, phishing remains highly prevalent in the context of online purchasing.

From November 2024 through to October 2025, Kaspersky products blocked 6,651,955 attempts to access phishing links targeting users of online stores, payment systems, and delivery services. Of these attempts, 50.58% targeted online shoppers, 27.3% impersonated payment systems, and 22.12% targeted users of delivery companies.

Sales seasons continue to do the work for attackers. Seasonal peaks in online shopping consistently provide attackers with predictable opportunities to scale user-focused attacks.

Periods of heightened promotional activity lower user vigilance and allow familiar phishing and spam scenarios to blend into legitimate marketing traffic, increasing their overall effectiveness.

Predictions: What retail & e-commerce cybersecurity might face in 2026

Chatbots are likely to become a common product discovery tool across online marketplaces. Unlike traditional search, conversational interfaces encourage users to share more detailed, natural-language requests, revealing preferences, constraints, and contextual information.

This shift expands the privacy attack surface, as platforms accumulate richer user profiles through chat interactions. As a result, chatbot logs may become as sensitive as transactional data, increasing the risks of over-collection, misuse, or exposure of personal information.

“Search itself is changing, including how people look for products online. In 2025, there was a gradual shift from simple keyword queries to more conversational and visual ways of finding what to buy. As these models rely on broader user input, careful handling of the data involved will remain an important consideration for maintaining user trust,” comments Anna Larkina, Web data and privacy analysis expert at Kaspersky.

Changes in taxes and trade rules might be exploited in online fraud. Modifications in taxes, import duties, and cross-border trade rules are likely to be used as lures in phishing campaigns and fraudulent online stores, promoting unrealistically cheap offers or claims of avoided fees.

As pricing and fee rules continue to evolve across markets, it may lower vigilance, increasing the effectiveness of such schemes, particularly against small and mid-sized retailers.

AI-powered shopping assistants are expected to increasingly operate outside retail platforms, embedding themselves into browsers, mobile apps, and third-party services. While designed to simplify navigation and price discovery, these tools shift data collection beyond the retailer’s perimeter, creating new and less visible privacy risks.

To function effectively, external AI shopping agents require continuous access to user behaviour, including browsing activity, search intent, location context and product interactions across multiple sites.

This enables the aggregation of detailed behavioural profiles outside the direct control of both users and retail platforms, increasing the risks of over-collection, opaque data usage, and unintended exposure.

Image-based product search might become a new challenge in privacy risks. Previously, the main privacy concern around user images in e-commerce was limited to photos voluntarily shared in product reviews.

However, image-based product search is expected to make photo uploads a routine part of the shopping experience across major retail platforms. While this feature improves product discovery, it also increases the risk of unintended exposure of personal data.

User-submitted images may contain faces, home environments, or sensitive details, such as names, phone numbers, or addresses visible on shipping labels or packaging, making secure processing, data minimisation, and limited retention critical requirements for retailers.


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Elon Musk Seeks $134Bn from OpenAI, Microsoft for ‘Wrongful Gains’

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Elon Musk, billionaire Tesla owner, has asked a United States (US) federal court to award him up to $134 billion in damages from OpenAI and Microsoft, stating that the companies earned “wrongful gains” from his early support of the artificial intelligence startup.

Elon Musk Seeks $134Bn from OpenAI, Microsoft for ‘Wrongful Gains’

Elon Musk,

This is according to a court filing, reported by Reuters.

In filings ahead of a trial expected to start in April in Oakland, California, Musk stated that OpenAI benefited between $65.5 billion and $109.4 billion from his contributions when he helped co-found the organisation in 2015, and Microsoft gained between $13.3 billion and $25.1 billion through its involvement.

He has asked a United States (US) federal court to award him up to $134 billion in damages from OpenAI and Microsoft, stating that the companies earned “wrongful gains” from his early support of the artificial intelligence startup.

This is according to a court filing, reported by Reuters.

In filings ahead of a trial expected to start in April in Oakland, California, Musk stated that OpenAI benefited between $65.5 billion and $109.4 billion from his contributions when he helped co-found the organisation in 2015, and Microsoft gained between $13.3 billion and $25.1 billion through its involvement.

Musk’s legal team argues that his early financial and strategic contributions, including approximately $38 million in seed funding, the recruitment of key personnel, and assistance in connecting founders with contacts, laid the foundation for the later success of OpenAI and Microsoft’s commercial AI efforts.

“Without Elon Musk, there’d be no OpenAI. He provided the bulk of the seed funding, lent his reputation, and taught them all he knew about scaling a business. A pre-eminent expert quantified the value of that,” Musk’s lead trial lawyer Steven Molo told Reuters.

“Just as an early investor in a startup company may realise gains many orders of magnitude greater than the investor’s initial investment, the wrongful gains that OpenAI and Microsoft have earned—and which Mr Musk is now entitled to disgorge—are much larger than Mr Musk’s initial contributions,” the filing said.

Musk, who left OpenAI’s board in 2018 and now leads AI company xAI, alleges that OpenAI violated its founding non-profit mission when it restructured to include a for-profit arm tied to Microsoft’s investment and commercial strategy.

Meanwhile, OpenAI has labelled the lawsuit “baseless” and part of a “harassment campaign” by Musk, and Microsoft’s legal team has said there is no evidence the company “aided and abetted” OpenAI in any wrongdoing.

Both companies have asked the judge to limit what Musk’s expert witness may present at trial, arguing that the damages calculations are unreliable and could mislead a jury.

According to Reuters, Musk’s filing says he may pursue punitive damages and other penalties, including a possible injunction, if the jury finds the companies liable, though it did not specify what form any injunction would take.


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