E-Business
Leo Stan Ekeh’s Million-Dollar Advice to Techpreneurs in Nigeria @ eNigeria

Technology Entrepreneurs (techpreneurs) in Nigeria need to direct their passion to investments that can pay their bills, while constantly improving themselves with technology set to remain relevant, said Leo Stan Ekeh, founder and chairman, Zinox Group.
Ekeh made the remark during a panel session at the just concluded eNigeria conference and exhibition, organized by the National Information Technology Development Agency (NITDA) at the International Conference Center, Abuja.
The Zinox Group Chairman, in the last three decades, has been in the business of IT innovation, inventions, research and development.
Speaking on ‘Stimulating Nigerian Youth and Women for techpreneurship, Ekeh said, “I have done 360 degrees in the entrepreneurship business and I know I am facing Nigerians who know me. The fundamentals are no right with the Nigerian youths to be successful entrepreneurs. I have and will continue to say this: there are certain things you must get right to succeed. Be humble.
“A lot of entrepreneurs spend all their money in printing call cards, but they don’t have money to do business. So, you must be ready to learn from people who are ahead of you. Secondly, knowledge of the business is key. A lot of people cannot concentrate on a particular line of business for a long time. I have been in this business for thirsty years, computerized the newspapers, big publishing companies, and oil and gas companies.
“You passion counts too, but you must have passion for something that will pay your bills. I see a lot of young people excited because of the hype about technology, but they are looking for money. So, they think it is just to go in and get the money. That talks about the knowledge of the business which is critical. When I started I focused on desktop publishing; a course that led to HP, Microsoft and a host of others to come into the country. But today they are doing business with a lot of us in the country.
“Aside, passion, you must be observant of where the industry and the world is heading to. For instance, it is done us that in about 30 years ahead, it will be illegal for you to drive a car. Whether Nigeria likes it or not we have to queue in. So, if we keep buying cars with steering, how can we be relevant then. In other words, the infrastructure has to be right because we need to be at a par with out counterparts in other countries. We may be thinking of flying cars because of Lagos traffic. Flying cars are already there!
“Before taking the step into entrepreneurship, please search your mind, as there must be an incubation period. Any business you entre today and become a billionaire tomorrow expect some shocks. Note, this country is the fertile ground to invest. However, I am talking to practical entrepreneurs. My problem wasn’t the money, because if that was my primary target I would have cheated everybody and made the money; there was no computer then. My passion was driving me the clients as an ICT evangelist that was unveiling the mystery of computer technology.
“In all these efforts to create wealth you must remain humble because the system intoxicates you. From Technology Distribution (TD) to Zinox with the assembling plant, we have moved to launch the first e-commerce in Nigeria- BuyRightAfrica. It failed due to lack of human capital and technology. Then, Jumia came in to open the system. The founder passed through my mentorship in Harvard, but I couldn’t remember him even when we met later. Konga also launched in Nigeria. Then, my son studied why I failed with BuyRightAfrica and he launched Yudala. Today, Yudala makes an average of N200million. They are not looking at who is the President, Vice President, or who is commanding the polity; they are resilient in their approach with huge backend technology. In the first year, they launched 20 outlets and were the pioneers of online and offline retail outlets in Africa. About this time last year, during Black Friday sales, Yudala delivered an item by a drone which took security agencies about six months to understand what he did. Basically, I am saying, humble yourself and be very close to your God or Allah, because he is the end in all.
“And when you are building as an entrepreneur, plan to have reserve. I am research enthused. You must save for the rainy day. In the present economic realities I told my staff we are not going to ‘fire’ anybody, because they worked with me from nothing. However, you must remain productive and inundated on the innovations in the industry, to remain part of us. I am ready to sleep on the floor with them, because we have seen entrepreneurs who buy good cars and dresses and attach al lot of important to it. It is good to look good, but have reserve for the rainy day. If you are successful today, note that it is more critical that you are successful tomorrow.
“And to the government, if you can take 10% of what you put into agriculture (yet food is expensive) and invest in IT, you do not need to employ people. When I heard government is employing 200,000 people what are they going to do? now, I launched a new foundation and through that platform and Yudala (which is setting up 4o new stores), young and brilliant Nigerians will be engaged to do the work. By doing that, you can employ people are ready for it, not based on political ground”.
E-Business
Kaspersky Warns that Scammers are Exploiting World Cup 2026 Travellers

Kaspersky experts explain which online offers travellers should be cautious of when planning their trip, to avoid spoiling their experience ahead of the upcoming games.

Thousands of fans are expected to attend the World Cup 2026, and many are already handling their travel logistics, purchasing their flights and other transport tickets, booking accommodation, and arranging everything they need to reach the host cities. As interest grows, so does the number of fraudulent schemes that exploit the fact that fans are actively preparing for their upcoming journey.
In late April 2026, Kaspersky experts detected a campaign exploiting the branding of a well-known transport app, targeting users in Mexico. The interface of a fake Spanish-language website, impersonating one of the services, prompts users to enter their phone number and password in order to “claim prizes.” In reality, the attackers are mimicking a trusted brand and attempting to steal users’ credentials from those lured by the promise of a reward.
Some cybercriminals go “a level lower” and post their offers on the dark web. Kaspersky Digital Footprint Intelligence experts discovered a thread advertising such services, published on a shadow forum in March 2026.
The listings included offers for discounted airline tickets, hotel bookings, and match tickets, allegedly at 20% off the original price. These offers are designed to lure users and can be highly dangerous, ultimately resulting in victims losing both their money and any services they expected to receive.
Entrepreneurs and property owners also in the crosshairs
Cybercriminals are also targeting businesses and entrepreneurs at the intersection of the travel industry, which is also involved in the event. Given the high demand for short-term rentals during the tournament, property owners have become an attractive target for scams.
For example, a fake website was discovered requesting account credentials for a well-known platform. In this way, scammers attempt to gain access to property owner accounts, potentially resulting in unauthorised withdrawals and financial losses.
Another common scheme involves fraudsters attempting to extract money from organisations by posing as representatives of well-known airlines and offering fictitious business partnerships. In these emails, they claim to be launching new projects or business expansion initiatives and state that they are actively seeking suppliers or contractors.
If a company representative responds to such an offer, the scammers typically escalate the deception in a subsequent stage. To enhance credibility, they send forged documents for completion and signature, including supplier registration forms and non-disclosure agreements.
The ultimate objective of the fraudsters in this scheme is to induce the organisation to pay a so-called “deposit,” ostensibly required to secure a priority position in a partner selection list.
According to the claims made in the fraudulent communications, this payment would later be fully refunded once the partnership is formally established. In reality, this promise is entirely deceptive. The perpetrators simply appropriate the funds, and no reimbursement is ever made to the victim organisation.
“The travel sector, particularly when it intersects with major events, is a persistent target for a wide range of scams and fraudulent schemes. For end users, it is often difficult to distinguish at first sight between a legitimate website and a spoofed one, or between genuine marketing communications from a reputable service and scam emails.
“We therefore advise treating overly attractive offers with a high degree of caution in order to protect your personal data and financial resources,” says Anna Lazaricheva, senior spam analyst at Kaspersky.
E-Business
Meta Platforms Contributed $820m to Nigeria’s Economy in 2025 – Report

Meta’s family of platforms, including Facebook, Instagram and WhatsApp, contributed an estimated 820 million dollars in annual economic value to Nigeria in 2025, according to a new report released on Wednesday.

Meta
The report titled “Nigeria’s Digital Economy” was conducted by independent research firm, Public First, and commissioned by Meta.
It stated that 14 million Nigerian small and medium-scale enterprises (SMEs) used Meta platforms in 2025 to start, run and grow their businesses.
According to the report, the platforms contributed about two billion dollars to Nigeria’s Gross Domestic Product (GDP) while generating an estimated 640 million dollars in productivity gains through instant messaging services.
The report noted that 81 per cent of Nigerian businesses surveyed said Meta platforms had helped them expand their customer base beyond their local areas.
It added that the digital tools had reduced customer acquisition costs and enabled businesses in different parts of the country to access wider markets.
The report also highlighted the growing role of artificial intelligence (AI) in Nigeria’s economy, projecting that AI could contribute 22 billion dollars to the country’s GDP by 2035 under favourable conditions.
It stated that 87 per cent of online Nigerians surveyed believed AI products developed within Africa would play an important role in the continent’s economic growth.
Speaking on the findings, Meta’s Director of Public Policy for Sub-Saharan Africa, Balkissa Ide Siddo, described Nigeria as one of the world’s most entrepreneurial and digitally engaged markets.
According to her, Meta platforms are helping to remove traditional barriers to business growth and enabling entrepreneurs to access broader economic opportunities.
“From a tailor in Lagos reaching customers across the country through Instagram, to a small business owner in Kano taking orders on WhatsApp, to a creator in Abuja building a global audience on Facebook, Meta’s platforms are unlocking real economic opportunity,” she said.
Siddo noted that WhatsApp had become a major gateway for AI adoption in Nigeria and across Sub-Saharan Africa.
She added that 93 per cent of Meta AI prompts in the region were made through WhatsApp, indicating that many users were engaging with AI technologies through platforms they already use daily.
The report further stated that 93 per cent of online Nigerian adults surveyed said they felt more connected to wider communities through Meta’s applications.
Also speaking, Alison Neyle, Director at Public First, said the findings reflected the increasing role of digital platforms in supporting entrepreneurship and participation in Nigeria’s growing digital economy.
“Nigeria’s digital transformation is creating new opportunities for businesses, creators and consumers alike.
“With the right combination of infrastructure, platform access and open-source AI, the upside for Nigeria is significant,” Neyle said.
The report projected that Meta’s contribution to Nigeria’s economy could rise to two billion dollars annually as digital adoption deepens and internet access improves across the country.
E-Business
NITDA Unveils AI-Powered Government System That Tracks Workers, Flags Delays Automatically @ICSC 2026

Kashifu Inuwa, director general of the National Information Technology Development Agency, has called on public institutions and organisations to embrace Artificial Intelligence (AI) responsibly while prioritising human accountability, policy frameworks, and digital skills development.

Rep of DG NITDA, the Director, SMP Department, Dr Aristotle Onumo giving insights into effective public service delivery through digital transformation at the ICSC 2026
Speaking at the International Civil Service Conference 2026, held at the Eagles Square in Abuja, the NITDA boss who was represented by the Director, Stakeholder Management and Partnership department, Dr Aristotle Onumo, disclosed that the Agency has already begun implementing a comprehensive AI Transformation Plan designed to reposition the organisation for long-term institutional efficiency, continuity, and productivity.
According to him, the three-year transformation initiative is aimed at creating a digitally driven institution where operations can continue seamlessly regardless of personnel changes.
“In NITDA as an agency, we have what we call the AI Transformation Plan. It is a kind of three-year plan which we have put in place so that even if the current staff are replaced completely, new personnel should be able to interact with the system and continue work without hindrance,” he stated.
The DG explained that the Agency has already integrated AI into its internal workflow processes, particularly in document management and task tracking.
He noted that official documents submitted at the Agency’s premises are now scanned immediately at the gate and automatically routed by AI systems to the responsible officers based on identified keywords and subject areas.
He added that the AI infrastructure also monitors timelines and flags delays where officers fail to attend to official correspondence within stipulated periods.
“All that is required now is to drop documents at the gate. AI scans and routes them to the appropriate officers. If such documents are not treated within the required timeframe, the system flags them and reports accordingly,” he explained.
While acknowledging concerns surrounding AI adoption, particularly fears about job displacement, the NITDA DG stressed that the technology should be viewed as a tool for improving productivity rather than a threat to human relevance.
“There is always this fear that AI is coming to take away jobs, especially in the public service. But I want to state clearly that the jobs of people who refuse to upskill themselves may eventually be affected. However, those willing to retrain and adapt will benefit immensely from AI,” he said.
To address workforce transition concerns, he revealed that NITDA has commenced agency-wide AI capacity building programmes for all staff members.
According to him, employees whose traditional roles are being transformed by automation are being reassigned and redesignated into emerging AI-related functions.
“We have ensured that everyone undergoes AI training. Those who previously handled manual file operations have now been redesignated as AI assistants and AI administrators. We are preparing our workforce for the future rather than replacing them,” he noted.
The DG further emphasised the importance of maintaining human oversight in AI deployment, warning against the complete removal of human intelligence and accountability from governance systems.
“You must not take away human monitoring and accountability in any AI implementation process. At the end of the day, someone must remain accountable,” he cautioned.
Speaking on governance and regulation, the NITDA boss called for all Ministries, Departments and Agencies (MDAs) to develop internal AI policies capable of defining clear operational boundaries for the technology.
According to him, government deployment of AI differs significantly from private sector usage because public institutions must bear responsibility for any AI-related failures or ethical breaches.
He stressed the need for robust governance frameworks to guide responsible AI use, protect citizens’ rights, and ensure compliance with data protection regulations.
“We must ensure that whatever we use AI for aligns with data protection regulations and responsible use principles. Without proper frameworks, data misuse could become more prevalent and destructive,” he warned.
The NITDA DG also highlighted the Agency’s broader efforts to drive national AI adoption following the development of Nigeria’s National AI Strategy, which he described as one of the country’s most forward-looking digital policy documents.
He stated that NITDA is currently using the Agency as a practical AI sandbox to test implementation models before wider deployment across the public service ecosystem.
As part of efforts to deepen digital capacity across government institutions, he disclosed that NITDA is collaborating with the Office of the Head of Civil Service of the Federation to train civil servants in digital literacy and AI-related competencies.
He reiterated that the future workforce must embrace continuous learning and adaptability to remain relevant in an increasingly AI-driven world.
“AI has not come to replace people completely. But those who refuse to develop their skills may struggle to fit into the evolving technology ecosystem,” he concluded.
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