E-Business
Lagos to Set Up e-commerce Hub for Agric. Producers

The Lagos State Government says it is planning to setup an e-commerce hub or platform for agriculture producers in the state to produce farm produce in hygienic condition for export purposes.

Ms. Abisola Olusanya, the State’s Acting Commissioner for Agriculture, stated this during the inspection tour of venues of the Eko City Farmers Market at St. Georges Primary School, Falomo, Lagos and Opebi Primary School, Opebi.
Olusanya said that the hub would be located in a central location where all the certification of produce would take place.
“We are trying to setup hubs or platforms where we are able to get our producers to come together to be able to produce in sanitary and hygienic condition for us to be able to get organisations like SON, NAFDAC to do a sort of assessment on the items been produced for us to be able to export.
“Essentially, we want to be able to make it easier for our producers, to be able to produce in a way that they do not have to go through many channels to certify their products. We want to make our certification take place in one location and then they can easily export,” the Acting Commissioner noted.
She said the state government was also trying to create an enabling environment for agric-business and producers to ensure the ease of the doing business in the state.
“When you talk about app-tech and e-commerce, I think we have a platform for that in the Eko City Farmers Market, which is supposed to connect the producers to the consumers and whosoever wants to buy along any value chain that exists already.
“We know that there are several other platforms as well, like oja.ng; we have food.ng and a lot of platforms exist already to try to connect producers to the consumers,” she said.
Olusanya pointed out that the job of the State Government is to create the enabling environment to ensure that there is ease of doing business across board.
“I believe we are doing that and you can come to the Ministry of Agriculture if you need any resources, if you need any help and support, we are willing and glad to do that.
“We have the agric-business department which actually has the mandate to be able to do farmer linkages to consumers, to farmers, to even the export community and to other stakeholders across the value chain. I believe that platform has been setup already.
“In August, we will be having our stakeholders’ engagement virtual just to try to see what is ongoing with terrain in the agric space and to be able to see whatever challenges they have and how we can mitigate all and be able to offer solutions to them.
“I believe in app-tech space, yes a lot will be done, a lot still need to be done and like I had said before we also trying to connect to the our sister Ministry, which is the Ministry of Science and Technology to develop an app-tech hub to encourage the youth to actually bring innovative solution in the agric space, so we believe we are doing that.
“Also, we have the Lagos State Entrepreneurship Programme (LAP), in Araga, we will be commencing with the next batch in August and part of their syllabus is the e-commerce section just to try to encourage them, that it is not just about physical interaction between yourself and the consumer or whosoever is buying.
“But to ensure that they can also setup e-commerce platforms they can sell regardless the time or the situation,” Olusanya said.
Also speaking, Mr Gbolahan Yishau, member of the Lagos State House of Assembly, representing Eti Osa Local Government, said that the state government has done a lot starting during the COVID-19 pandemic, though the pandemic is still on.
Yishau said the state government was ensuring that food gets to the residents, which is why the eko city farmers market was established.
“On my part, what we have done is to empower people so that they can have the capacity to shop and buy whatever they need in their homes.
“So we brought vouchers to augment whatever they might have to come to the market with or even those who have nothing to shop with would be able to buy things.
“The farmers are also happy because we have created additional market for people to buy from them.
“I think it is a very good initiative, especially with the festivities coming up next week, so people can have food on their table which is a core thing during this pandemic.
“We have already given out some vouchers in the morning about 1000 people were given N1000 voucher and we are going to do more,” he said.
In a similar vein, the Executive Chairman, Onigbongbo Local Council Development Area, Mr. Francis Oke, lauded the initiative of the Ministry of Agriculture.
Oke said the market would ease the pressure of going to the open market to shop for their needs during the festival.
He said the market would be held for five days in the LCDA in order to give more people, more farmers, and producers to showcase their produce.
“This market is good for people that are preparing for the Ileya festival so that they can come here and buys whatever produce they want.
“You can see that the products here are cheaper than what we have in the open market.
“It is a good thing that we are having this kind of thing in Onigbongbo LCDA and we all welcome it because it is a good thing.
“At least, to reduce the stress and tension from our people from buying farm produce for the ileya festival.
“I have discussed with the Acting Commissioner that personally in Onigbongbo LCDA, we want a week long programme, not just one day and luckily for us, the Commissioner agreed that we should have it till Friday, August 31,” he said.
E-Business
Nigeria Targeted with 4,622 Cyber-attacks Per Week in December 2025

In December 2025, organisations globally faced sustained cyber pressure, as the average number of cyber-attacks per organisation per week reached 2 027, a 1% increase from the previous month and a 9% increase from December 2024.

This is according to December 2025 Global Cyber Attack Statistics by Check Point Research, the threat intelligence arm of Check Point Software Technologies.
According to the statistics, Latin America was the hardest hit, with companies experiencing an average of 3 065 cyber-attacks per week, a 26% year-over-year increase.
In contrast, Africa saw a decline in attacks, with Nigeria (4 622 attacks per week) and Angola (4 002 attacks per week) being the most targeted countries on the continent.
The report’s findings highlight the evolving cyber threat landscape, with ransomware and GenAI-driven data risks posing significant challenges to companies worldwide.
Ransomware attacks jumped 60% year over year, with 945 publicly reported incidents in December. Qilin was the most active ransomware operator, responsible for 18% of publicly disclosed attacks.
“Ransomware continues to scale through industrialised operations, while unmanaged GenAI usage is creating widespread data exposure at enterprise level,” said Omer Dembinsky, data research manager at Check Point Research.
The report noted the education sector was the most targeted industry globally, with 4 349 cyber attacks per week; followed by government (2 666 attacks per week); and associations and non-profits (2 509 attacks per week).
The widespread adoption of GenAI tools has introduced new cyber security risks, with one in 27 GenAI prompts posing a high risk of sensitive data leakage.
Experts warn that companies must prioritise prevention-first security, real-time AI threat intelligence and strong governance over AI tools to mitigate these risks.
Hendrik de Bruin, head of security consulting at Check Point Software, added: “Strengthening ransomware resilience, deploying AI-powered prevention and enforcing clear GenAI governance will be critical to reducing cyber risk in the year ahead.”
E-Business
Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise

Among the primary reasons for establishing a Security Operations Center (SOC) are strengthening cybersecurity posture, enabling faster detection and response and gaining a competitive edge.

Interestingly, despite the increasing demand for automated cybersecurity solutions, businesses rely on skilled security professionals to make key decisions, as human expertise remains essential for effective security management.
A Security Operations Center (SOC) is a dedicated organisational unit responsible for continuous monitoring and safeguarding of a company’s IT infrastructure. Its core mission is to proactively detect, analyse and respond to cybersecurity threats.
To identify the main drivers, strategic priorities, and potential challenges in SOC planning and implementation, Kaspersky has conducted a comprehensive global study involving senior IT security specialists, managers and directors from companies with 500 or more employees.
All participants operate without a SOC but have plans to establish one in the near future. The study spans 16 countries across APAC, META, LATAM, Europe, and Russia, providing valuable insights into the emerging trends and best practices in SOC development worldwide.
The findings of the research reveal that 50% of companies intend to establish SOCs to strengthen their cybersecurity posture, and 45% are motivated by the need to address increasingly sophisticated and dangerous threats.
Other drivers include budget optimisation, the necessity for faster detection and response, and the expansion of software, endpoints and user devices – factors that demand more comprehensive and layered security measures.
These are cited by 41% of organisations. Additionally, 40% seek better protection of confidential information, 39% aim to meet regulatory requirements and one-third (33%) expect SOC capabilities to provide a competitive edge. Larger enterprises tend to cite each of these reasons more often, reflecting the broader operational and regulatory pressures they experience.
Continuous monitoring becomes the leading SOC requirement
Among the key functions organisations plan to delegate, 24/7 security monitoring leads at 54%. This around-the-clock vigilance enables early detection of anomalies, prevents escalation and sustains cyber resilience in real-time. This demand highlights a strategic requirement for proactive risk management, as organisations aim to defend against persistent threats that can strike at any moment.
Companies intending to fully outsource SOC operations show a stronger interest in applying “lessons learned” methodologies, whereas those developing internal SOCs focus more on access management to maintain tighter control.
Human expertise drives SOC technology choices
While SOCs use advanced technology, the choices made by organisations show that human analysts are very important. Among the solutions that organisations plan to include in SOC are – Threat Intelligence Platforms (48%), Endpoint Detection and Response (42%) and Security Information and Event Management systems (40%) – sophisticated solutions that automate data collection and reduce operational load, however, they depend heavily on skilled security professionals who provide critical context, interpret complex findings and make final decisions when guiding appropriate responses.
Other solutions chosen include Extended Detection and Response (38%), Network Detection and Response (37%) and Managed Detection and Response (33%). Large enterprises tend to adopt more technologies (5.5 per SOC on average), while smaller ones integrate fewer (3.8).
“To successfully build a SOC, companies must prioritise not only the right mix of technology but also the careful planning of processes, clear goal-setting and effective resource distribution.
“Well-defined workflows and continuous improvement are essential to ensure that human analysts can focus on critical tasks, making the SOC a proactive and adaptable component of their cybersecurity strategy,” comments Roman Nazarov, Head of SOC Consulting at Kaspersky.
E-Business
Nigerian Terra Industries Secures $11.8m for Expansion

Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa.

The fundraising round was led by Silicon Valley venture firm 8VC, which was founded by Palantir co-founder Joe Lonsdale.
Other investors in the round include Valour Equity Partners, Lux Capital, SV Angel, and Nova Global, as well as African-focused funds Tofino Capital, Kaleo Ventures, and DFS Lab.
Terra Industries, founded in Abuja by Nathan Nwachuku and Maxwell Maduka, provides multi-domain security solutions for both air and land. Its solutions are intended to detect and respond to threats including terrorism, sabotage, and armed attacks on infrastructure.
The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.
Co-founder and CEO Nathan Nwachuku said the company has now fully embraced its identity as a defence-focused startup, citing the growing urgency of security challenges across Africa.
He said safeguarding critical infrastructure from terrorist threats has become unavoidable.
Nwachuku argues that protecting Africa’s infrastructure requires a different approach, one that combines local manufacturing, end-to-end system control, and software capable of independently identifying and responding to threats over large areas.
The company aims to position itself as a defence prime, similar to the role played by firms such as Anduril Industries and Palantir in the United States.
Nwachuku also disclosed that the company had earlier raised $800,000 in pre-seed funding.
With the new funding, Terra plans to increase manufacturing capacity within Africa, establish additional defence production facilities, and expand its artificial intelligence and software teams.
While software offices are planned for San Francisco and London, the company said manufacturing operations will remain on the continent.
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