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Accelerex Demonstrates Fintech Leadership with Two Awards @ BoICT

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One of Nigeria’s foremost financial technology companies, Global Accelerex (Accelerex), has yet again demonstrated its leadership in the financial technology industry by clinching the FinTech Services Provider of the Year and Customer Focused ICT Company of the Year awards at the 12th edition of the Beacon of Information and Communication Technology (BoICT) Awards, which held recently at the Eko Hotels & Suites, Lagos.

Hailed as one of the fintech sector’s highest honours by key stakeholders, the awards were in recognition of the company’s trailblazing efforts in the development of innovative products and provision of excellent customer service, as defined in the Accelerex Service Promise.

It is Accelerex’s second consecutive time of winning the BoICT FinTech Services Provider of the Year Award, as it won the same award in 2020. The Company also bagged the Customer Focused ICT Company of the Year Award in 2019, making this the second time in three years it is being bestowed with a tribute for its customer-first approach to business.

At the award ceremony, Mr. Ken Nwogbo, Founder and Chief Executive Officer of Nigeria Communications Week, the awarding organisation, revealed that the winners were decided through electronic voting by the general public, largely drawn from technology consumers, business leaders, ardent readers of its publications and other major stakeholders in the ICT space. He congratulated Accelerex for distinguishing itself from the competition through its cutting-edge products and exceptional customer-centricity.

While speaking on the awards, Mr. Kayode Ariyo, Managing Director of Accelerex stated, “We are honoured and humbled by this recognition. The fact that our two critical areas of focus were acknowledged by a public jury is proof that we are doing something right and this makes us proud.

“These awards are dedicated to our valued customers that deemed us worthy of being recipients and to Accelerex staff that constantly push boundaries to ensure that our customers always enjoy a stellar experience”.

Speaking further about the significance of the awards to the company, Mr. Ariyo added, “As we expand to other parts of Africa, our credo will remain prioritizing the market needs of customers to enable us to create unique products and solutions to suit their businesses. We derive pleasure in serving them beyond their expectations and thank them for the trust they have in us as their partner.”

Accelerex is renowned for its pedigree in world-class technology, excellent customer service and a commitment to provide fintech solutions that evolve with customers’ needs. It works with different categories of businesses to accelerate their processes for maximum efficiency.

The 2021 BoICT Awards are the latest accolades for Accelerex. In 2019, it clinched the Innovation in Financial Inclusion Award at the Nigerian Fintech Awards; Cashless Driver: Point of Sale Transactions (PTSP) from the Central Bank of Nigeria (2019), and Most Outstanding Payment Terminal Service Provider of the Decade at the Africa Digital Awards (2020), among others.

The Beacon of Information and Communication Technology Awards is an annual event which honours and rewards outstanding contributions to the growth of the information communication technology sector in the country. It is organised by Communications Week Media Limited, publishers of Nigeria Communications Week.


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Experts Reveal a Steady Decline of High-severity Incidents Over the Years

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According to the ‘Anatomy of a Cyber World: Global Report by Kaspersky Security Services’, there has been a noticeable decline in the percentage of high-severity incidents over the past few years.

While 2021 recorded the highest proportion at 14.3%, 2025 experienced the lowest in six years at just 3.8%. This trend indicates that many attack attempts were quickly detected and effectively mitigated by Kaspersky MDR experts, preventing their severity from escalating beyond medium levels.

High-severity incidents are defined as attacks involving direct human involvement that result in a significant impact on the customer’s IT infrastructure. In 2025, the number of such incidents detected by Kaspersky MDR decreased by 19% compared to 2024, highlighting improvements in early detection capabilities and more effective remediation efforts among Kaspersky MDR clients.

A detailed analysis of the root causes of these incidents in 2025 reveals the following insights:

Human-driven attacks accounted for approximately 23% of high-severity incidents. Although this represents a slight decrease from 2024, they continue to be the primary cause of serious breaches.

Kaspersky detected such attacks in nearly 21% of customers, demonstrating that motivated adversaries persist in bypassing automated defences. Despite advancements in automated detection tools, these highly skilled attackers still find ways to evade security measures.

Confirmed cyber exercises like Red Teaming made up over 23% of incidents. When activity is verified as part of security testing, it’s often classified as infrastructure false positives, though customers frequently report them as incidents.

Social engineering ranked third, responsible for over 15% of high-severity attacks and affecting nearly 18% of organisations. These are classified as high-severity when successful and not automatically remediated, often leading to security awareness recommendations.

Security policy violations constituted just under 14% of all cases, involving legitimate accounts performing suspicious actions like data exfiltration. Malware incidents represented less than 12%, while artifacts from past attacks, or APT traces, were found in over 7% of cases. Vulnerability detection, though not core focus for Kaspersky MDR, was reported in fewer than 5% of incidents.

“The decline in high-severity incidents highlights the critical importance of adopting a proactive cybersecurity strategy. Human-led solutions such as Managed Detection and Response (MDR) and Incident Response remain essential in combating sophisticated, human-driven threats.

To further enhance the effectiveness and efficiency of in-house security teams, organisations should incorporate advanced, automated solutions like Extended Detection and Response (XDR), which provide improved visibility and enable faster responses.

Additionally, leveraging SOC consulting services can assist in building a robust Security Operations Center from the ground up or optimising an existing one for maximum performance.

An integrated approach to hybrid security operations empowers organisations to detect threats early, contain them swiftly, and ultimately prevent severe breaches from occurring,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.

 

 

 

 

 


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Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

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Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.

Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.

Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.

To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.

Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.

“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”

The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.

“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.

 


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Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

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Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos Govt

Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.

GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.

Individuals owe N13.5 million to N35 million each.

Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.

More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.

Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.

Pedro urged prompt filings and payments.


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