E-Business
NITDA @ Layer3 Cloud Webinar, Says Data is New Oil

Mallam Kashifu Inuwa Abdullahi, director general of National Information Technology Development Agency (NITDA), has revealed that cloud computing has continued to transform the design and deployment of data centers across the globe.

Abdullahi stated that there is need to seek ways to drive more infrastructural investments in our data hosting services, especially cloud infrastructure, for the success of our digital transformation journey, and our economic growth and prosperity.
He made this known while delivering his paper on “Data Localization and its benefits to the Nigerian Economy” at Layer3 cloud webinar series with the theme: “The Future of African Cloud”.
“Data is the “new oil” and the lifeblood of today’s global digital economy. As such, economic value increasingly shifts to data in the digital economy.
Report by the International Data Corporation (IDC), the global datasphere will grow from 45 zettabytes in 2019 to over 175 zettabytes by 2025, which indicates the phenomenal speed at which the proliferation of data across our digital world is accelerating and underscores the significance of data and why adequate measures must be taken on where and how data is stored and processed, to unlock its potential value and ensure privacy and security”.
The National Information Technology Development Agency (NITDA) as the apex IT regulator in Nigeria, issued the Nigeria Cloud Computing Policy (NCCP) in August 2019.
It is the first policy direction concerning cloud technology adoption in Nigeria, and a critical step to drive greater integration of cloud services in the public sector, promote a better approach to infrastructural investments and efficient IT deployment of the goals of the NCCP is to ensure 30% increase in adoption of Cloud Computing by 2024 among Federal Public Institutions (FPIs) and Small and Medium Enterprises (SMEs), providing digital-enabled services to the government, as well as 35% growth in Cloud Computing investments, he said.
Mallam Abdullahi said that the NCCP essentially provides a migration framework for the public sector to adopt cloud services while ensuring a proper balance between local content requirements, privacy, security, and intellectual property of national data.
The Guidelines for Nigerian Content Development in ICT of NITDA provides for the hosting of all sovereign data within Nigeria. This is aimed at driving the required investments and building capacities for indigenous data and information management services. As a result, the Nigerian economy would make significant gains through the creation of jobs and a reduction in capital flight due to the adoption of foreign cloud services.
He further revealed that “The efforts of NITDA on the localization of government data have yielded far-reaching results, with over 90% of Federal Government data hitherto hosted externally now repatriated to Nigeria. Substantial data assets belonging to major Federal Government Ministries, Departments and Agencies (MDAs) such as the Bank Verification Number (BVN) and the Subscriber Identity Module (SIM) Registration hosting over 40 million and 95 million subscribers’ data respectively, are now hosted within the country. Other databases hosted locally include: the National Identity Number (NIN), the Integrated Tax Administration System (ITAS), the Government Integrated and Financial Information Management System (GIFMIS), the Integrated Payroll and Personnel Information System (IPPIS), as well as the Treasury Single Account (TSA)”.
“The localization of these important national data assets will not only promote the development and deployment of robust and scalable data center infrastructure in Nigeria, it will further enable our burgeoning technology innovation companies to harness the big data to develop cutting edge innovative solutions that will provide insights for policy planning and development, while also creating a more efficient and effective public sector for better implementation of government’s developmental policies and programs”. the Director General spoke through Dr Aminu Lawal, special assistant on Digital Transformation.
E-Business
CBN Affirms Alpha Morgan Bank’s Capitalisation

The Central Bank of Nigeria (CBN) has affirmed the capitalisation of Alpha Morgan Bank, marking an important milestone in the bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution.

This affirmation reflects the bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base to support sustainable growth, innovation and improved service delivery to customers.
With this milestone, Alpha Morgan Bank is well positioned to continue expanding its footprint with its 14 approved branches across different states, while deepening inclusivity and enhancing the range of banking solutions available to individuals, businesses, and institutional clients nationwide.
Commenting on the development, the Managing Director of Alpha Morgan Bank, Mr. Ade Buraimo, expressed the readiness of the bank in ensuring compliance with regulatory requirement, good governance framework while delivering satisfying banking along the long-term vision of the bank to become the best bank to work and strong financial institution to reckon with.
He said: “Capitalisation is more than a regulatory requirement; it is an opportunity to strengthen the institution for the future. The affirmation of Alpha Morgan Bank capitalisation reflects the work we have done to build a solid capital foundation that allows us to support businesses more effectively, expand financial access and continue delivering the level of service our customers expect.’’
According to him, Alpha Morgan Bank remains committed to maintaining strong corporate governance standards, sound risk management practices, and prudent financial management as it continues to support economic development and create long-term value for stakeholders.
“As Alpha Morgan Bank enters the next phase of its journey, the institution will continue to scale its operation, invest in technology, expand its branch network and digital banking presence, whilst delivering reliable and satisfying banking experiences to its growing customer base,” Buraimo added.
E-Business
Police Says Victims Enable Cyber Attacks Out of Ignorance

Mr Uche Ifeanyi, commissioner of Police in charge of the Nigeria Police Force National Cyber Crime Centre (NPF-NCCC), said on Friday that most cyber attacks occur because victims act out of ignorance.

He spoke in Abuja at the opening of an online cybercrime awareness campaign themed “Odogwu No Dey Hide Him Face,” organised to educate and empower communities about online safety and cyber hygiene.
“Studies reveal that the majority of cyber attacks are initiated or enabled by victims due to lack of knowledge.
“Personal information is invaluable and must be protected at all times.
“Just as we maintain physical health, we must also maintain a healthy digital lifestyle,” he added, stressing that simple cyber hygiene practices could greatly reduce the risk of becoming a victim.
He urged the public not to disclose confidential information to unauthorised persons and to use strong, unique passwords, enable multi-factor authentication, and apply security safeguards on digital devices.
“Keep personal information private, avoid suspicious links, and regularly update software or system patches,” he said, adding that antivirus programmes and firewalls were essential for online safety.
Ifeanyi warned against falling for “free gifts” online.
“If it sounds too good to be true, it most likely is fraud,” he said, advising caution with urgent or suspicious messages.
He also urged internet users to verify information before sharing to avoid spreading fake news, emphasising that cybercriminals could exploit everyone regardless of age, occupation, or social class.
Vincent Olatunji, director-general, National Data Protection Commission (NDPC), commended NPF-NCCC for its efforts and said the campaign theme was commendable.
He noted the importance of educating people on legitimate wealth and safe internet use.
Olatunji said that the fight against cybercrime required collective effort, warning that the risks were increasing daily as more people connected to the internet across Nigeria.
E-Business
Firm Enhances its Security Awareness Platform with SCORM and PDF Support

Kaspersky has introduced an update to its Automated Security Awareness Platform, adding full support for PDF and SCORM (Sharable Content Object Reference Model) – the industry-standard protocol for deploying and managing e-learning content.

The enhancement enables organisations to build fully customised cybersecurity training programmes that reflect their infrastructure, risk profile, and internal policies, while continuing to benefit from Kaspersky’s expert-driven security content and phishing simulations.
According to the Kaspersky report titled “Redefining the Human Factor in Cybersecurity”, employees responding to phishing attacks was one of the main causes of cyber incidents in companies worldwide, accounting for 21% of cases among other reasons.
At the same time, additional Kaspersky research reveals that social engineering attacks are predicted to increase more than any other type in the nearest future, with 87% of respondents believing that social engineering attacks will become even more effective due to the use of AI tools.
The new Kaspersky Automated Security Awareness Platform (Kaspersky ASAP) update directly addresses several persistent challenges such as reducing the number of human-related incidents, cutting time spent on managing training programmes, decreasing regulatory and compliance risks, and minimising potential legal or reputational damage stemming from cybersecurity breaches.
With the new SCORM support, the platform becomes even more flexible: companies can now upload, track, and manage their own SCORM-based learning materials directly within the system. In addition, companies can accelerate their programmes by using easier-to-create PDF-formats.
This allows organisations to tailor training to their specific technology stacks and emerging threats targeting their industry or region. Businesses that have already invested in third-party SCORM courses or internal learning development can now seamlessly reuse their existing modules, protecting their prior investments while strengthening their cybersecurity posture.
The combination of Kaspersky’s embedded content built on real cases uncovered by the company’s world-class experts with customers’ PDF materials or SCORM modules enables a true best-of-breed approach to human risk management.
Organisations can supplement Kaspersky’s up-to-date cyberattack scenarios with internal policies, unique workflows, and industry-specific lessons, ensuring training resonates with employees and reflects real operational challenges.
“Human behaviour remains one of the most unpredictable elements in cybersecurity and also one of the easiest for attackers to exploit. By adding SCORM support to Kaspersky Automated Security Awareness Platform, we’re giving organisations the flexibility to build training programmes that truly match their internal realities.
“Combined with Kaspersky’s expert-driven content and real-world attack data, this update empowers companies to create more adaptive, relevant, and impactful awareness programmes than ever before,” comments Svetlana Kalashnikova, Security Awareness expert at Kaspersky.
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