E-Business
Capacity Building for Cyber Security in Nigeria

One of the biggest challenges on the internet today is cyber crime. This is because, hackers are becoming more sophisticated by the day. In order to ensure that the internet is much safer, there is the need to train more experts in this emerging field of Cyber Security.
I recently had a chat with Remi Afon, the President of the Cyber Security Experts Association of Nigeria, CSEAN, and he shared his views on capacity building for the Cyber Security industry, especially, in Nigeria.
Remi said that, presently, we have a shortage of Cyber Security professionals in Nigeria as well as a global shortage in that field. He stated that the global shortage is, in fact, going to hit about 1.8 million in the next 5 years, from research conducted.
He went further to state that Nigeria is not doing anything to breach the gap, unlike in the UK, for instance, where some young talents are being trained. These trainees, he said, will form a sort of cyber army for the UK in future.
Expanding on what the UK is currently doing about getting more Cyber Security professionals, Remi said that the UK just created a Cyber Security Academy that will develop the talents of people between the ages of 16 and 19, to protect the UK’s cyber space.
He stated that, according to a research by Security Intelligence in America, there are about 30 countries building security capabilities.
It is, therefore, not only the UK that is building its Cyber Security capabilities, but other countries like Russia, North Korea, etc., are also developing talents that will be able to defend their cyber space. He reiterated that some countries are even developing professionals for offensive capabilities in the cyber space and these are known as rouge nations.
On who is funding the Cyber Security Academy in the UK, Remi said that some NGO’s are funding it with the backing of the British government.
On what is missing that makes Nigeria not to have enough Cyber Security professionals, Remi is of the view that Nigeria started on a faulty foundation. He stated that we do not have these courses offered in our universities and institutes, therefore, the need for awareness campaign.
Remi opined that, Nigeria can start training Cyber Security professionals that will even service part of the shortfall in Cyber Security professionals expected worldwide in the next 5 years. This, according to him, is because one can operate from anywhere in the world. “All you need to do is to have a security operative centre in Nigeria, being manned by Nigerians and you will be servicing a lot of multinational organisations”, Remi said.
Responding to the question as to what Nigeria should be doing at this time to up our ante in the cyber security space because the cyber space is fast becoming unsafe on daily basis, Remi stated that there is need for collaborative efforts to fight cyber crime.
He opined that government needs to take the leadership role in this mobilisation for collaboration and the Private sector and NGO’s too should come together, so they will have a common front to fight the menace.
In Remi’s view, the private sector is not yet doing enough because, presently, there is no leadership. “If the government provides leadership, the private sector will fall in line without coercion.
Examples abound all over the world”, Remi said. “All that the government needs to do is to provide us the platform and not money as everything is not about money. All it needs to provide is the leadership and every other sector will fall in place and support the efforts of government”, he stressed.
Stating some of the risks we face in the future if nothing is done to check cyber crimes, Remi stated that we face risks, now and in the future. These include the country being hacked, national elections can be influenced by foreign countries, etc. As the 2019 elections is fast approaching, Remi said that Nigeria should be ready for hackers, hence, there is the need for the government, politicians, etc., to find means of protecting their data. ” Everybody needs to be cyber security conscious “, Remi emphasised.
Stating the requirements for becoming a Cyber Security professional, Remi stated that the first step is to join the CSEAN, a platform where they can be trained in the field of Cyber Security, through the needed guidance and leadership.
They can also specialise in training to become ethical hackers, etc, according to him. He also stated that there are also other resources they can tap from online. They can then sit for and pass their exams to earn certification. Remi said that they are also taught the ethics of the profession too as everything is not all about hacking. He stated that having a degree to join up in the cyber security space is no longer relevant as there is no need to put a barrier because it has been found out that most hackers are not even educated, while some are teenagers still in secondary schools.
Remi commended the efforts of the CFA team in posting video clips of Online Security segment of the Tech Trends on Channels Television show on YouTube in order to educate people about the risks involved while online and how to circumvent them. He also assured that his Association also assists by re-posting and sharing the posts on social media, so that it can reach more online users.
In his final submission, Remi stated that people should take cyber security seriously. “We should not allow it to happen to us before we start looking for remedies”, he advised. He stated that, in line with his Association’s initiative called “Stop, Think On It”, he is now advising people to key into it and be careful with what they share online. ” When you see any information, email or attachment, think twice and be sure it is coming from a legitimate source and verify first before you click on it”, he concluded.
E-Business
NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity warning about a serious Microsoft Office vulnerability (CVE-2026-21509) that attackers are actively exploiting.

This advisory, shared through Nigeria’s Computer Emergency Response Team (CERRT.NG), highlights the risks of this flaw and recommends immediate action to protect systems.
Microsoft has released quick security updates to fix this vulnerability, which has a severity score of 7.8, showing it is a serious risk. Attackers have already used it in targeted attacks.
CVE-2026-21509 affects multiple versions of Microsoft Office, including Office 2016, Office 2019, Microsoft 365 Apps, Office 2021, and later versions.
This flaw allows attackers to bypass security features meant to stop harmful Object Linking and Embedding (OLE) controls. OLE is an older Microsoft technology that can be used to embed links or content, but it has often been exploited by malware.
By exploiting this flaw, attackers can create specially designed Office documents.
When a user opens these documents, they can run malicious code or gain further access to the system.
Exploitation requires user interaction, meaning attackers often trick people into opening harmful Word, Excel, or other Office documents. Common methods include using email attachments or files from untrusted sources.
Because Microsoft confirmed that the vulnerability is being actively exploited, they have made emergency security updates available outside their usual schedule. Users and organisations should:
- Install the latest Microsoft Office security updates for all affected versions.
- Restart Office applications for Office 2021 and later to ensure that the updates take effect.
- Use registry-based settings for protection if updates can’t be applied right away.
- Follow good cybersecurity practices, like using endpoint protection and filtering emails.
Microsoft’s updates for Office 2021 and newer versions are automatically applied, but need a restart of the applications to be active.
E-Business
NDPC Investigates over 1,000 Schools over Data Privacy Compliance

Nigeria Data Protection Commission (NDPC) has commenced an investigation into over 1,000 education institutions across the country over compliance with the Nigeria Data Protection Act (NDP Act), 2023.

The move affects federal, state and private universities, polytechnics, colleges of education and technical colleges, marking one of the largest sector-wide compliance checks since the enactment of the law.
In a public notice issued on Thursday by Babatunde Bamigboye, head, Legal, Enforcement and Regulation, the Commission said the probe forms part of its ongoing sector-by-sector enforcement drive aimed at safeguarding the fundamental rights and freedoms of data subjects, as well as strengthening the legal foundation of Nigeria’s digital economy through the trusted use of personal data.
The NDPC directed the affected institutions to submit, within 21 days, evidence of filing their 2024 Data Protection Compliance Audit Returns, proof of designation or appointment of a Data Protection Officer including relevant contact details and a summary of technical and organisational measures adopted to protect personal data within their establishments.
It also requested evidence of registration as a Data Controller or Processor of Major Importance as required by law.
The Commission warned that failure to comply with the notice may result in the issuance of enforcement orders, imposition of administrative fines and possible criminal prosecution in accordance with the provisions of the NDP Act, 2023.
It stressed that compliance is mandatory and not optional for institutions that process large volumes of personal data
The education sector remains one of the biggest handlers of sensitive personal information in the country, including students’ academic records, admission details, biometric data, financial information and staff records.
With increasing digitalisation of admissions, online learning platforms and electronic documentation systems, concerns over data breaches and weak privacy safeguards have grown in recent years.
The Commission maintained that the investigation is in line with its statutory mandate under relevant sections of the Act empowering it to monitor, investigate and enforce compliance across sectors.
E-Business
Chams Carves Out Subsidiary to Support Africa’s Digital Transformation

Chams Holding Company Plc, (Chams Holdco), digital payments and verification firm, has created a new subsidiary which is expected to strengthen the push for Africa’s digital transformation.

The creation of the new subsidiary, ChamsCorp Plc, which took effect from February 1, was made known in a filing to the Nigerian Exchange Limited , according to an announcement.
Chams said that the new subsidiary, which is its 5th, will give a new dimension to its more than 40 years of work in building the digital ecosystem not only in Nigeria, but across the continent and the rest of the world.
The newly created company will focus on three major aspects, namely the manufacturing of digital devices and development of digital infrastructure and services; data center design, construction and operations, and the development and implementation of AI infrastructure and intelligent systems.
It will also contribute to its parent company’s digital ID, digital verification, and trust services offering.
“For nearly four decades, we’ve enabled trust in transactions and identity. Now, we go furthe”
Chams is expanding into AI, data centre infrastructure, and intelligent systems, building the backbone for Africa’s digital transformation,” the company wrote in a LinkedIn post.
“We are not just participating in the future. We are engineering it,” the message added.
According to the Chams announcement, a decision of its Board of Directors appointed members of the pioneer board of ChamsCorp Plc, with renowned banker Mohammed Bashir Yunusa designated as Chairman.
He is described as a well-known finance expert who specializes in deal structuring, corporate and retail finance, business strategy, digital transformation, and Islamic Finance and Banking.
With more than 10 years of experience in the financial services industry, Yunusa currently serves as head of Consumer and Digital Banking for Non-Interest Banking Retail at Sterling Bank Nigeria, and will also serve as a non-executive director on the board.
“Chamscorp is designed to take our most ambitious ideas to market at speed and scale. As Africa’s digital economy evolves, we are focused on delivering transformative solutions that empower governments, businesses, and citizens alike,” Femi Oyenuga, CEO, Chams, commented on the development.
Chams has over the years played a major role in contributing to Nigeria’s digital ID ecosystem development to facilitate access to financial services.
In 2023, the company Group Chairman publicly stated that in providing such digital services to the Nigerian government, it had incurred debts estimated at $100 million and were planning to change their business model as a result.
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