General News
Cyber Crime Killing Nigeria’s Economy-Ajayi
Engineer Lanre Ajayi is the president, Association of Telecommunication Companies of Nigeria (ATCON) and former president, Nigerian Internet Group (NIG).
He is also the managing director of Pinet Informatics. Ajayi started his career with Nitel where he worked for 11 years before starting Pinet Informatics as part of his contribution to the development of the sector. Today, Ajayi wears many caps at both national and international IT bodies.
Ajayi spoke to peter ugwu on the sidelines of threats to internet usage in Nigeria and the potentials when well guarded.
Potentials of the Internet
Some people would say ‘The Internet is everything’, and that is why my company’s slogan has been ‘Internet for everyone’.
Truly, the internet is everything and for everyone. In the contemporary society, it is linked with virtually our daily activities; therefore, we perform things better, faster and more efficiently today because of the enablement of the internet.
There is obviously, nothing one cannot do online. The experiences of what the internet can do are evident in e-governance, e-health, e-commerce, e-banking/e-payment, e-learning, in fact, anything you can think of, today.
Due to the efficiency of online business, it benefits both the service provider and the agent or client. They both benefit from cost efficiency, time management in delivery of services, so I cannot imagine a limit to what can be done with and through the internet. The potentials are almost unlimited.
The Content Issue
Yes, for the fact that we have not utilized opportunities provided by the internet though content development, then it has formed a tool in the hands of fraudsters.
Originally, the internet was not meant for defrauding people; just like the guns that were meant for hunters to kill animals, but currently, guns kill more human beings than animals.
Likewise, the internet is being hijacked by cyber traitors and they will continue to threaten the system until we begin to develop the appropriate content that will channel people’s minds away from the antics of the fraudsters.
Finding solution to the impasse is educating people; internet users, drawing their attentions to the appropriate opportunities that lie in the internet.
Most fraudsters on the internet, primarily, want to make ends meet. Their focus gets diverted to making money through illegal means. But if they are shown the positive ways of making, even, greater amount of money via the internet, we will be doing ourselves much favour.
I am sure they would want to go in the right direction, the onus is on us as stakeholders in the information and communication technology sector to lead the crusade; to show our youths the right path to follow, and that is my providing them with the tools to write applications or develop acceptable contents for the internet.
When the opportunities are there and bottlenecks are removed the system-administrative, financial, political, regulations, and others, then the coast will be clear for them to sail.
Cyber Security Bill
Some people may argue that the rate of cyber threats in Nigeria does not in any way equate the number of attacks in the United States or Europe.
To me, there are enough cyber attacks that should make government that is the National Assemble, rise up to the challenge, especially by giving the cyber security bill an accelerated hearing.
The ‘419’ messages, or scam mails, physic mails aimed at intercepting innocent internet users information, bank account, personal details, credit card personal information numbers (PIN), etc., are top cyber threats we see today.
Companies’ websites and data banks are been compromised on daily basis. These require urgent and adequate attention.
Today the ‘419ers’ are known world over as perpetuating ‘Nigerian mails’, which is a huge dent on Nigeria’s image in all areas. If that is not contained, it will rubbish Nigeria’s yarning for foreign investors.
Presently, it threatens the relationships between Nigeria and other business community. That in no man way constitutes a clog on the wheel of the nation’s development.
The increase constitutes a lowered standard of living because it will affect the economy and no nation will progress without a progressing economy.
So, government has a role to play likewise industry players to round up these criminals among us; they are sabotaging our efforts as a nation.
We should not just assume there is no cyber attack in Nigeria or that it is minimal. There are enough reasons for us to be worried.
We need to be proactive in preventing other attacks from happening and react quickly to the existing incidents…
Delayed Cyber Security Bill
Actually, that is not enough. We need the cyber security bill to come on stream. However, I will not premise required actions expected from the government, on the Bill.
We have other laws that can be used at the interim to punish offenders and serve as deterrent to others.
Once caught, the person is a criminal, the medium of committing the crime does not count much hence the crime has been established. It is a criminal offence.
So, we do not have to necessarily wait for the Bill to start fight against cyber crimes. The Bill may help, but not a pre-requisite to combating the crimes.
How about the technological know-how, software, skilled manpower needed to fight the criminals, are they been engaged?
The present criminal laws in Nigeria I do not believe excluded internet frauds; let us enforce the existing laws while expecting the new ones.
Solutions, Aside Laws
The basic way to tackle this challenge is through public education. The way the National Orientation Agency (NOA), non-governmental organizations (NGOs) and other agencies spread information about voter education, fight against HIV/AIDS, and other health related challenges, we can adopt such measure in educating the layman on the importance of shunning cyber laws.
On the other hand, ICT experts have the role of showcasing the expertise that will attract the mind of the youths off the route.
A lot of people are into the fraudulent act for the sheer lack of awareness on the alternate (good) use of the internet.
And the crime fighting government agencies should hype news on how criminals were nabbed, prosecuted and jailed or punished.
If people know they can be rounded up and prosecuted, no matter where they may hide to perpetuate the act, the fear of maximum punishment awaiting them can discourage the person form continuing.
But in a situation whereby one is caught and give a slap on the wrist as punishment how will you discourage others?
The few successful prosecutions we have should be stressed on to showcase event to the international community that we are serious about the fight against internet fraud. More importantly, public education on the good use of the internet should be looked at.
Place of the Government on Internet Content Development
Well, government has rolled out several measures to redirect and refocus to the youths and the industry towards harnessing those potentials we are talking about, but I have not actually felt the impact.
May be we should wait a little while to see how the programmes, roadmaps and policies unleashed, especially the present administration, impact on the system.
Presently, we have programmes for software developers, which is a sub-sector that will pull some youths off the street.
So, the lauded programmes should be transformed to productivity. And I believe if we conduct the impact analysis of those measures it could lead to revisiting the policies or drafts that constituted them for better strategies and results.
The Internet and Entrepreneurial Opportunities
Most millionaires today are people who tapped into the openings available on the internet. They are into software development, online trading, researching, and other services.
The entrepreneurial opportunities available there are huge but Nigerians are yet to harness them in full.
We can point at companies like Konga.com, Jumia.com and few others that are offering online services, but there are areas that are lying fallow.
However, with the environment become favourable companies will definitely come into that.
General News
NigComSat-1R, Nigeria’s Only Satellite to Expire this Year

NigComSat-1R, a Nigerian geostationary communications satellite will outlive its usefulness this year, meaning that the satellite will expire anytime now.

NigComSat-1R was launched by China Great Wall Industry Corporation (CGWIC) for Nigeria on December 19, 2011, as a replacement for the failed NigComSat-1.
NigComSat-1 which was put in the orbit in May 2007, was de-orbited in November 2008 following the development of power fault.
It was replaced with NigComSat-1R by the same company and has a lifespan of 15 years.
Positioned at 42.5°E, it provides C, Ku, Ka, and L-band services across Africa, Europe, and parts of Asia for broadcasting and internet.
Should the satellite fail, support for television broadcasting, internet connectivity, and secure communications for government and private sectors, may be affected.
The satellite is currently been controlled from China since 2019 following technical issues with the Abuja control station.
NigComSat-1R is currently the only active communications satellite managed by NIGCOMSAT Limited, though it operates alongside other Nigerian observation satellites.
General News
Banks, Offices to Close for Thursday and Friday for Eid-el-Fitr

Federal government has declared Thursday, March 19, and Friday, March 20, as public holidays to mark this year’s Eid-ul-Fitr celebration.

Consequently, banks, schools and offices nationwide will be shut for the two days.
The declaration was made by Olubunmi Tunji-Ojo, minister of Interior, on behalf of the government, according to a statement issued on Tuesday, by Magdalene Ajani, permanent secretary of the ministry.
Eid-el-Fitr, meaning ‘festival of breaking the fast,’ is one of the most important feasts in Islam.
The festival marks the end of Ramadan, a sacred month of fasting, prayer, and spiritual reflection observed by Muslims worldwide.
During Ramadan, Muslims fast from dawn to sunset, abstaining from food, drink, and other physical needs as an act of devotion to Allah.
Eid-el-Fitr is a time of joy and gratitude, beginning with a special congregational prayer at mosques and open prayer grounds.
It is also marked by feasting, gift-giving, and charitable acts, particularly the giving of Zakat al-Fitr, a mandatory charity given to the less privileged before the Eid prayer.
Congratulating Muslim faithful on the successful completion of Ramadan, Tunji-Ojo urged them to sustain the virtues of love, generosity, peace, tolerance, and sacrifice imbibed during the period.
He also called on Nigerians to use the festive season to pray for the peace, unity, and continued development of the country.
The minister further encouraged citizens to celebrate responsibly and extend acts of kindness to the less privileged, in line with the spirit of the season.
He reiterated the Federal Government’s commitment to promoting national unity and peaceful coexistence among all Nigerians.
General News
New Horizons Nigeria Expands Digital Access with New Retail Centre in Akute

Residents of Akute and surrounding communities now have direct access to world-class technology training following the launch of a new retail center by New Horizons Nigeria.

Mr. Tim Akano
The newly commissioned center, strategically located in Akute, is expected to serve learners and professionals across Alagbado, Ajuwon, Matogun, Lambe, Ojodu-Berger, Isheri, Giwa, Iju-Ishaga, Ishasi, and Oke-Aro.
This initiative has brought internationally recognized ICT training closer to thousands of young people and working adults. For years, distance and accessibility have limited many aspiring tech professionals from enrolling in structured, global-standard programs. With this expansion, residents no longer need to travel long distances to acquire in-demand digital skills.
New Horizons Nigeria, widely recognized as Africa’s largest ICT training organization, continues to strengthen its footprint in Nigeria’s digital education sector.
In 2025, the institution received the prestigious Best ICT Training Company award from CompTIA in South Africa. This further reinforce its leadership position within the continent’s technology training ecosystem.
As a franchise of New Horizons International, which operates in over 90 countries across six continents, the organization has consistently aligned with global best practices while addressing local capacity gaps.
The organization currently provides ICT training services to more than 30 universities and nearly 200 high schools nationwide.
The center would be used for the training of high-end technical courses like Cyber Security, Web Development, Artificial intelligence, Full Stack, Graphics and CompTIA courses like Hardware, Network and Security Plus.
New Horizons trains over 100,000 students yearly across 27 universities and 150 secondary schools, as well as corporate organizations, government agencies and retail offices.
Students trained by New Horizons Nigeria are always well-sought after in the labour market after graduation and the certificate they obtain are recognized in all the 90 countries where New Horizons have offices.
Speaking on the broader vision behind the expansion, the Founder and Chief Executive Officer, Mr. Tim Akano, emphasized that the future of the nation’s economy depends largely on accessible and practical tech education.
He noted that in today’s digital economy, virtually 100 percent of jobs require some level of IT skill, regardless of one’s field of study. From finance and healthcare to agriculture, media, engineering and public administration, technology now drives productivity and competitiveness.
He further stated that IT has evolved from being a specialized field to becoming a foundational requirement for career growth and wealth creation. Acquiring digital skills, he stressed, remains one of the most strategic pathways to higher earning potential and long-term financial stability.
Furthermore, he stated that young Nigerians considering relocation abroad need to prioritize acquiring IT skills before traveling.
He asserted that obtaining internationally relevant technology training outside Nigeria is significantly more expensive than enrolling locally.
By gaining these skills locally, individuals position themselves for better opportunities overseas. Rather than struggling to survive in low-paying or unrelated jobs, they can compete as skilled professionals in global labour markets.
Also, holding a globally recognized certifications from New Horizons Nigeria gives candidates a competitive edge, and enhances their credibility and employability abroad.
As of January 2026, New Horizons Nigeria and its CEO have collectively received over 320 national, continental, and international awards, making them one of the most decorated institutions and individuals in Nigeria’s technology, entrepreneurship, and youth empowerment space.
The launch of the Akute retail center signals more than physical expansion; it represents a deliberate effort to democratize access to technology education at the grassroots level. With increasing demand for skills in cybersecurity, cloud computing, artificial intelligence, software development, and digital business solutions, the new center is positioned to become a hub for digital transformation within Ogun State and its border communities.
E-Financial3 days agoCBN Rolls Out New Rules for Safer Instant Payments, More Customer Control
News3 days agoNIMMME Inaugurates Engr. Michael Orekyeh as 13th National Chairman in Abuja
E-Financial3 days agoCBN Tightens BVN Rules to Curb Fraudulent Banking Transactions
Telecom3 days agoMTN Nigeria Races Ahead in Fibre Broadband Market
E-Financial3 days agoNova Bank Appoints Jude Anele as Managing Director/CEO
Broadcasting2 days agoSpotify’s Loud & Clear Report Reveals Over ₦60Bn Revenue for Nigerian Artists in 2025
E-Business3 days agoTech Expert Unveils BAT-BOT AI App to Curb Fake News ahead of 2027 Elections
Telecom2 days agoPwC Warns Nigeria Telcos of AI Fraud Risks













