E-Business
EU Urges Nigerian SMEs to Tap into €80Bn Research & Innovation Programme

The European Union (EU) at its ‘5th EU-Nigeria Business Forum’ (EUNBF2016) has unveiled plans to extend its research and innovation programme with 80 billion Euros to Nigerian entities, including SMEs, seeking support to engage in research and innovation.
The European Union and Nigeria have developed robust economic relations with very large trade volumes at €30 billion in 2015.
The EU is also the top destination for oil and non-oil exports from Nigeria. Nigeria is also a key beneficiary of EU Foreign Direct Investment (FDI) with FDI stock of €30 billion in 2015.
EU Investment stock in Nigeria grew from €23.8 billion in 2013 to €25.3 billion in 2014.
But, with the fall in oil prices, EU-Nigeria trade declined by 26.7% to €30bn in 2015, with the EU offering to support Nigerian entities supports to engage in research and innovation, particularly in agricultural sector.
Declaring the EUNBF2016 open the two-day 5th EU-Nigeria Business Forum held in Lagos, Nigeria, Mr. Akinwunmi Ambode, executive governor of Lagos State, said that since the conclusion of the fourth edition in 2015, the nation’s economy has experienced significant development, the most critical of which is the slide into recession.
To this end, Governor Ambode who was presented by Mr. Tunji Bello, secretary to the State Government (SSG), said this year’s edition of the Forum was coming at the auspicious moment and provides a unique opportunity for participants for participants to offer suggestions that will help in turning around the fortunes of the nation’s economy.
He however pledged the State Government’s commitment to providing critical infrastructures that will make doing business in Lagos State a pleasurable and profitable experience for investors.
Ambassador Michel Arrion, head, EU delegation to Nigeria and ECOWAS disclosed that the inclusion of Nigerian entities to partake in the 80 billion Euros research and innovation, particularly on agriculture, was informed by the country’s most obvious comparative advantage for the diversifying her economy.
The Forum is organised by the EU Delegation in close liaison with the 20 EU Member States represented in Nigeria, to allow business leaders and policy makers to discuss ways to improve the business environment and to attract European investments in Nigeria.
Arrion described the Horizon 2020 programme as the biggest EU research and innovation programme with 80 billion Euros and offers Nigerian entities (including SMEs) seeking support to engage in research and innovation, in particular again in agricultural sector.
Speaking specifically on the Forum, he expressed delight that the most tangible result of last year’s forum was the commencement of an agricultural policy dialogue between the EU and Nigeria.
According to him, “The agricultural policy dialogue was officially launched in September, and is gradually intensifying, as witnessed by the presence this week in Nigeria (and today here at the Forum) of Mr Clarke, the Director of International Relations of the Directorate General for Agriculture of the European Commission.
“Mr Clarke and his team had fruitful meetings with Honorable Minister Ogbeh and other representatives of the Ministry of Agriculture with a view to promote responsible investments in the agribusiness sector and to attract more European investments into this key sector.
“In this context, I am also pleased to announce that on February next year, the EU Commissioner for Agriculture, Phil Hogan, will lead a business delegation to Nigeria seeking for opportunities to invest locally in agribusiness”.
On her part, Dr. (Mrs) Nike Akande, president, Lagos Chamber of Commerce and Industry (LCCI), said that the subject of discussion at the Business Forum touched at the heart of Nigeria’s current economic reform and recovery efforts of government, especially in the areas of electricity, industrialization and SMEs’ growth.
“The Business Forum also aligns very well with the trade promotion agenda of the LCCI which is focused on building international partnerships and alliances for the promotion of investment and trade flows between Nigerian economy now than ever before. We need to attract as much investment as we can at this crucial time,” she said.
The LCCI President reiterated that Nigeria and EU have a long history of cordial economic and business ties and should be sustained, calling on EU investors to put lesser emphasis on risks and impediments in the Nigerian market and pay attention to the huge opportunities and potentials in the economy.
According to the Organisers, this year’s edition of the EUNBF, tagged “Harnessing Nigeria’s Potential for Economic Growth”, has been put together with three main objectives: to explore options for accessing long term finance for the critical power sector in Nigeria; to identify opportunities in the textile value chain and to explore opportunities for EU and Nigerian Small and Medium Enterprises (SMEs) to increase their businesses market through the platform of the Enterprise Europe Network (EEN).
Highpoint of the Business Forum was the formal launch of the Enterprise Europe Network (EEN) Nigeria, a platform resulting from a consortium of the Nigerian-Belgian Chamber of Commerce, the Chambers of Commerce of Lagos, Kano and Port Harcourt.
E-Business
NOTAP to Commercialise University Research, Expands Patent Drive

National Office for Technology Acquisition and Transfer (NOTAP), has commenced the process of patenting and commercialisation of research works by universities and other research institutions in the country.

Dr. Obiageli Amadiobi, director general of NOTAP
Dr. Obiageli Amadiobi, director general of NOTAP, stated this in Abuja, during an interaction with journalists on her achievements since assuming office.
Speaking on the theme, “Strengthening Indigenous Capacity: NOTAP’s Drive for Technology Transfer, Local Content Development, and Innovative activities,” Amadiobi said the agency had involved both the academia and industry so that researchers can work on topics brought forward for commercialisation purpose.
“My minister is very intentional about this– very intentional about commercialisation of research results, which we have already submitted to him. They are meaningful researches, which we need to commercialise.
“We have established 69 intellectual property technology transfer offices in 69 universities that we are still counting. We have informed the vice chancellors of Nigerian universities to set up such offices and we will come and educate them on intellectual property and technology transfers.
“As we are doing this, we are also taking record of all the researchers of these universities and research centres and documenting them in a compendium.
“So, we have compendiums from the universities to us and we put them in a database. If you will recall, recently, the ministry, our supervising ministry, which is the Federal Ministry of Innovation, Science, and Technology, launched a programme titled Energise Commercialisation. This entirely was for commercialisation of all R&Ds,” she said.
On research Institutions carrying out research on areas of industry needs, she said, “NOTAP is bridging the gap between research and development with industry needs, “it is on our programme called the NITDF, NOTAP Industry Technology Transfer Fellowship. By this programme, we engage the universities and the industries, in what we call the triple helix. We liaise with the universities and the industries to sponsor, the industries will sponsor a Ph.D candidate in a Nigerian university to conduct relevant researches.
“They will provide the topics that they want researches for and such students will research on that with the assistance of the industries, because they wear the shoes, so they know where it pinches them. But usually, there are Ph.D candidates already established. This year alone, we certified about 15 of them to enter into this programme and they have gone into the various universities.
“And we are still looking for people to update some of the projects; the research topics we already have. But we are not getting enough persons to do the researches. So, we are going to do further advertisement to see if other candidates will come up.
E-Business
FG Unveils Digital Postcode System for MDAs

Federal government has launched a drive to standardise operations across all Ministries, Departments, and Agencies (MDAs) through the nationwide adoption of the new National Digital Alphanumeric Postcode System.

Dr Bosun Tijani, minister of Communications, Innovation and Digital Economy, launched the initiative at a high-level stakeholder workshop on Thursday in Abuja.
The conference, themed “Embedding the Nigerian Digital Postcode in Public Service Delivery,” brought together key stakeholders to discuss the adoption of the system across government institutions.
Represented by Nadungu Gagare, permanent secretary of the Ministry, declared that the initiative was a critical pillar for the country’s economic and security framework.
“The Nigerian Digital Postcode represents far more than an improvement to postal services. It is a strategic national asset. Without accurate location intelligence, governments struggle to plan effectively, emergency responders lose valuable time, and financial institutions face verification challenges,” he said.
Tijani said the Alphanumeric digital postcode system was a pathway and a defining moment for Nigeria’s digital transformation under the Renewed Hope Agenda of President Bola Tinubu.
He said an accurate national addressing system would enable government agencies to plan better, improve emergency response, support credible census and elections, expand financial inclusion and ensure citizens were not excluded from essential services because of poor location data.
The Minister commended NIPOST for leading the initiative and urged MDAs and state governments to integrate the system into their operations, stressing that its success would depend on collaboration, interoperability, and nationwide adoption.
Omotola Odeyemi, postmaster general and chief executive officer, Nigerian Postal Service (NIPOST), explained that the digital postcode system creates a “common language of location” for the entire government.
She urged federal and subnational entities to integrate the infrastructure into their daily operations to maximise its value.
“Just as digital identity has helped to establish who a citizen is, this National Digital Postcode helps us to determine where services, opportunities, and interventions should be delivered. Its success will not be measured by the number of postcodes that we generate but by the lives that we improve,” the NIPOST boss explained.
Mrs Didi Esther Walson-Jack, head of the Civil Service of the Federation, represented by Dr Abdul Sule Garba, permanent Secretary of the Service Welfare Office, pledged full administrative backing for the rollout.
She noted that the civil service would be properly equipped to adapt to the data-driven system.
“The operationalisation of the Nigerian digital postcode is a strategic initiative that has the potential to significantly improve public administration, service delivery, and digital governance across the country,” Mrs Walson-Jack added.
The workshop featured live demonstrations and technical panel sessions focused on linking the new digital postcode system directly into national healthcare, social protection, education, and electoral planning.
E-Business
Kaspersky Warns of a Large-scale Campaign using Fake Free Software to Deploy a RAT via ScreenConnect

A remote admin tool ScreenConnect is being distributed through fake websites designed to mimic the official pages of well-known software products.

In total, researchers identified more than 90 domains spanning 10 languages, including English, Arabic, Spanish, Chinese, German, Portuguese, and Russian, enabling the attackers to reach a wide range of victims worldwide. The campaign targets both individual users and organisations using Windows.
After detecting an incident through its Managed Detection and Response, Kaspersky uncovered a large-scale campaign in which attackers used fake websites to spread installer archives disguised as popular software, including OBS Studio, DNS Jumper, DS4Windows, Glary Utilities and Bandicam.
To drive traffic to these pages, the threat actor also used search engine optimisation techniques to place them high in search results.
Across more than 90 identified fraudulent software sites, the same tactic was observed: victims who downloaded what appeared to be legitimate software instead received a hidden ScreenConnect remote administration tool, which gave the attackers persistent access to compromised devices and allowed them to deploy AsyncRAT, an open-source trojan capable of giving them full control over infected systems.
Domain registrations linked to this campaign peaked in February 2026; in 2025, the same attacker had used fake websites to disguise malicious installers as games.
Infection occurs through malicious archives containing a legitimate, signed Microsoft file, install.exe, alongside the install.res.1033.dll library. The DLL is loaded onto the device via a DLL sideloading technique and deploys a ScreenConnect service that awaits further instructions from the attackers.
“The campaign targets both users downloading free utilities from the Internet and corporate networks, where remote access tools are often allowlisted and granted elevated privileges.
“Its danger lies in its potential to facilitate large-scale credential theft and unauthorised access to systems, with the stolen data typically later resold on dark web forums,” says Denis Kulik, lead SOC Analyst at Kaspersky.
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