E-Business
#StartUPNaija: Pantami Says Nigeria Closer to Having Own ‘Zuckerberg’

The Nigerian startup ecosystem, with proper regulations and support, has capacity to become the strong catalytic force for sustainable economic growth across nations, even producing the like of Mark Zuckerberg, the founder of Facebook.
Dr. Isa Pantami, the director general and chief executive officer of the National Information Technology Development Agency (NITDA), dropped the comment at the seventh StartUP Nigeria, the brainchild of the Office for ICT Innovation and Entrepreneurship (OIIE).
The DG alluded to OIIE’s position that ICT “is not only indispensable for developing new products and services but also for ensuring the survival of any business in the competitive world by providing ample opportunities for growth and profitability”.
He said that NITDA has raved up its processes for proper regulation and development, crucial for supporting the startup and entrepreneurs ecosystem in the Country.
The NITDA’s interwoven roles are relevant for the country to achieve its purpose of “creative transformation of knowledge and ideas into new products, processes, or services meeting market needs, which culminates in successful enterprises”.
He believes that the competitiveness of any economy in the long term depends on innovation potential of the economy gained through entrepreneurship and effective technology transfer, especially now that revenue from the ‘oil and gas’ industry is on downward trend.
Dr. Pantami warned that Nigeria cannot remain an ‘ oil and gas resource’ based economy, as every projections show other countries are making a turn away from oil.
The NITDA DG said, “StartUPNigeria held in Lagos today (Saturday) is a prelude to GITEX 2017, as NITDA tends to select the best startups to represent the country. This is critical in helping even the regulatory aspects of the IT sector. We identify with startups that need our technical, financial supports to push their solutions forward.
“We believe Lagos is home to innovative startups; thus, we intend to assist them improve on their works. The truth is this: our country relies solely on oil and gas sector; in UK for instance by 2040 they intend to ban diesel or petrol cars, so our reliance on oil is disturbing.
“We have to move from oil resource to knowledge-based economy. ICT has the answer to this. The contribution of 12.6% of ICT to GDP is second to oil at the moment, but will soon takeover. India depends on ICT as $143billion annual comes from ICT; Nigeria accounts for 180million with 60% young people who are addicted to ICT.
“Today, you can’t do without smart devices or not connected; it’s not worth trying. We as ICT natives are addicted to it. The best way is not importation, but using our intellects to develop. No country will survive depending on ICT importation. We have met with OEMs to see how to reduce the level of importation. We want to have a ‘Mark Zuckerberg’ in Nigeria. Nigeria is closer to having own Zuckerberg and we shall surely support the process that will produce that platform”.
Earlier, Dr. Amina Sambo Magaji, acting national coordinator of OIIE, thanked the exemplary leadership of the NITDA DG and the management for giving OIIE platform to meet with startups and solve needs in the ecosystem.
She said that OIIE’s vision to drive ICT innovation and entrepreneurship through policies, initiatives, partnership and programs implementation by focusing on socio- economic impact, competitiveness, and sustainable & inclusive growth, was carefully crafted to ensure the startups are impacted positively.
She said the Office is not relenting on its focus, amongst others, on innovation and entrepreneurship by fostering a more innovative digital economy through turning new ideas and inventions into products and technologies that spur job growth and competitiveness while promoting economic development.
She announced that over 60 pitches were received online for StartUP Nigeria held, while 11 startups made pitched at the event held at the Admiralty Conference Centre, Naval Dockyard Complex, Wilmot Point, Ahmad Bello Way, Victoria Island.
Startups that Pitched:
Accounteer- a smart cloud based platform meant to create professional invoices with ease and get paid faster; accept instant payment from your customers using their favourite means of payment.
TheFarmyard, a mobile platform for farm monitoring and assists in making informed decisions.
BeatDrone- a multi-sector drone service project that uses drones-As-A-Service for Agric
“Six”- IOT solution to road safety concerns in Nigeria
Nicademia- an online distributions platform for African inspired cartoons.
Livekampus, an online platform to book accommodation for students
Comestibles Nigeria- a mobile platform targeted at farmers, consumers and grocery stores
Novael- a mobile platform aimed at using using technology to drive the creative (art) industry in Nigeria, to empower youths (Writers)
TapPay- online voucher platform that enables bank customers to deposit at the comfort of their homes, anytime
SwiftCheckup- a secured online platform to book medical tests easily.
Middleman.com.ng- an ecommerce platform connecting buyers and sellers while providing other auxiliary services.
The Selection Process
To get to the point of pitching, the Ag., National Coordinator of OIIE said, “NITDA is trying to create jobs in Nigeria; it is huge task. Basically, we seek approval from the management of NITDA to start notifying the public; the startup community in particular, through the social media, traditional media and radio jingles. The essence is to have a wide range reach where every Nigerian is given opportunity to send their pitches to the opened portal.
“Once we get the pitches we create a panel of judges drawn from the academia, business, legal and other areas we believe the startups would be needing mentorship too. The judges spend time collating the pitches. So, it is done in stages. For the StartUP Nigeria the pitches were reduced to 70 using different criteria; then we looked at the innovation of the technical presentation. From there, the figure came down to 30. At each level, we have different set of judges.
“The final set of judges comes from the business community. That was how we narrowed the pitches to 12, spending time with them at a bootcamp, teaching them (startups) how to pitch. So, it is a generally rigorous and transparent process”.
E-Business
Kaspersky Discovers New Phishing Campaign Exploiting Google Tasks Notifications to Steal Corporate Credentials

Kaspersky has uncovered a new phishing scheme that abuses legitimate Google Tasks notifications to trick corporate users into revealing corporate login credentials.

By leveraging Google’s trusted @google.com email domain and notification system, attackers bypass traditional email security filters and exploit users’ trust in familiar services.
In this campaign, victims receive an authentic-looking notification from Google Tasks with the subject line “You have a new task.” The message creates the illusion that the recipient’s company has adopted Google’s task management tool, pressuring them to act quickly. The notification often includes elements of urgency, such as a high-priority flag and a tight deadline, to prompt the victim’s immediate response.
Upon clicking the embedded link, users are directed to a fraudulent form disguised as an “employee verification” page, where they are asked to enter their corporate credentials under the pretense of confirming their status. These stolen credentials can then be used for unauthorised access to company systems, data theft, or further attacks.
“Google’s vast ecosystem of services gets exploited by scammers. The scheme with Google Tasks is part of a broader trend observed before and continuing into 2026, where cybercriminals misuse legitimate platforms to distribute scams and phishing.
Notifications originating from legitimate domains naturally evade many spam and phishing filters, while the social engineering aspect – making it seem like an internal company process – lowers the victim’s guard,” comments Roman Dedenok, Anti-Spam Expert at Kaspersky.
E-Business
esentry 2025 Report Shows Healthcare, Financial Services and Telecoms as Staging Grounds for Increased Cyberattacks in Africa

Cyber adversaries targeting African organisations are increasingly shifting away from opportunistic attacks toward deliberate, sector-specific campaigns aimed at the continent’s most critical digital infrastructures, according to the esentry 2025 Annual Report released by esentry, Lagos-based Africa’s leading indigenous Managed Security Service Provider (MSSP).

The report identifies healthcare, financial services, and telecommunications as the primary staging grounds for high-velocity cyberattacks, reflecting a growing focus on sectors that underpin economic stability, public welfare, and digital connectivity across Africa.
The findings are drawn from one of the largest cybersecurity datasets analysed in the region. Over the course of 2025, esentry processed more than 31 billion security events, generating 3.5 million alerts and successfully blocking over 15,000 malicious attempts. This monitoring scale shows that, while traditional financial institutions remain a core target, the threat landscape has expanded to include digital lending platforms, healthcare systems that store sensitive personal data, and telecom operators responsible for national and regional connectivity.
Within the healthcare sector, the report highlights ransomware as the most acute risk, with attackers frequently exploiting exposed Remote Desktop Protocol (RDP) services to compromise patient data and disrupt essential medical operations. In financial services, organisations are facing a surge in credential abuse, insider-related threats, and info-stealer malware designed to enable fraud and unauthorised access. Telecommunications providers are increasingly targeted by highly tailored phishing campaigns and attacks on exposed web services, which aim to harvest credentials and compromise customer data.
Commenting on the findings, Gbolabo Awelewa, Chief Business Officer at esentry, said the nature of cyber threats across Africa has evolved significantly. “The threats we are seeing today are deliberate, informed, and carefully tailored to local enterprises. Attackers are exploiting trusted access and moving quietly within networks, which makes early detection critical. Our coordinated cybersecurity model, spanning Defence, Intelligence, Offence, and Security Engineering, allows us to combine scale, speed, and deep contextual insight to detect and neutralise threats before they escalate,” Awelewa said.
A defining trend identified in the report is the shift from overt system exploitation to the abuse of legitimate access. By leveraging compromised credentials and ‘living-off-the-land’ techniques, attackers can blend into routine enterprise operations and significantly delay detection. This approach has compressed the attack lifecycle, enabling adversaries to move from initial access to full operational impact in fewer than 15 days.
To counter this acceleration, the report emphasises the importance of early detection and automated response. esentry says it currently contains low-complexity incidents in under 90 seconds, using a combination of structured threat hunting and centralised telemetry to anticipate and absorb attacker pressure rather than reacting after damage has occurred.
As African organisations continue to digitise, the esentry 2025 Annual Report positions itself as a critical reference point for understanding the continent’s evolving cyber threat environment. The report concludes that protecting Africa’s digital trust will require a shift away from fragmented security tools toward disciplined, coordinated defence frameworks, what esentry describes as a unified Phalanx formation.
E-Business
AfDB, UNDP Launch $10Bn AI Initiative for Africa

The African Development Bank Group (AfDB) and the United Nations Development Programme (UNDP) have launched an ambitious $10 billion project to support the adoption of Artificial Intelligence (AI) across the continent.

The 10 Billion Initiative intends to accelerate ethical AI adoption and inclusive digital economic growth in Africa.
The initiative follows the Nairobi AI Forum, which took place earlier this month in Kenya and brought together governments, private sector leaders, development partners, and tech innovators to define pathways for impactful AI adoption.
According to the organisations, the strategy is a co-designed collaboration between the Bank Group, UNDP, and commercial partners that aims to raise up to $10 billion by 2035.
The resources will be used to create up to 40 million new jobs across the continent by 2035, through targeted investments that provide the groundwork for AI and accelerate widespread adoption in everything from entrepreneurship and regional data infrastructure to policy frameworks and skill development.
Nicholas Williams, AfDB Group ICT operations division manager, commented: “As a leading multilateral development institution, the bank is leveraging its comparative advantage to ensure Africa is not left behind in the AI era.
“The AI 10 Billion Initiative paves the way for expanded partnerships and sustained investments that will accelerate AI entrepreneurship, strengthen data and infrastructure ecosystems, and support inclusive growth across the continent.”
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