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Anya, Ekeh, Others See Future in Nigeria’s Business Economy

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Despite the current challenges and the not-so-buoyant state of the Nigerian economy with its attendant effects on businesses, there is hope of huge potential growth for organizations that find creative ways to navigate the prevailing head-winds.

This was the thrust of the presentations at the CEO’s Forum organized by foremost ICT distributors, Technology Distributions Ltd. (TD) on Thursday, June 30.

The event with the theme: ‘The Economy and You: A Multi-dimensional Appraisal’ held at the headquarters of TD and had a rich panel of resource persons including the Chairman, Zinox Group, Leo Stan Ekeh; Chairman, Board of Technology Distributions, Prof. Anya O. Anya; Head of Sales, Global Markets (Nigeria), Stanbic IBTC, Yomi Balogun and Mr. Punfa Emelonye who represented the youthful population.

In attendance were over 80 Chief Executive Officers and business owners in the ICT sector drawn from TD’s partner base. Also participating were Country Managers/representatives of Original Equipment Manufacturers (OEMs) and brands such as Hewlett Packard (HP Inc.), Microsoft, IBM, Dell, Lenovo, EMC, among many others as well as Executive Management staff of respective companies in the Zinox Group and Yudala.

While delivering a paper titled – “The Economy and You: Tales of the unexpected”, Prof. Anya noted that one of the challenges being faced at the moment is how to restore confidence in the system, noting that this requires a multi-pronged approach. Urging the participants to leverage on an understanding of the particular business environment they operate in, Prof. Anya harped on the importance of liquidity management as a vital tool for business sustenance in these trying times.

“It is obvious that one of the challenges to the economy is how to restore confidence in the system. Trust and confidence is the fundamental basis of all business transactions. We need to restore the confidence of business to invest in growth and innovation while the people will have their confidence restored to spend on their needs.

“What needs to be done has to be at two levels. There is the need at the social level to project a new message of inclusiveness in the effort to rebuild the economy and the nation. The projection will have to come from all levels but most importantly at the highest level of governance. The national symbol of power and authority must be seen engaging his people. At the economic level, there has to be a greater degree of projection of competence, expertise and empathy.

“There is work to do and that must involve all of us even as we project the message that the rewards will be equitably distributed to all without discrimination of ethnicity, gender or creed. The real change that Nigeria needs presently is the change in our mind-set and attitudes in both the leadership and the led such that the Nigerian narrative can change from the negative to the positive without boundaries.

“At the level of our business we need each other to put together a survival kit which must be built on understanding of our individual and corporate competence and on our knowledge and understanding of our particular business environment. We must out of the myriads of challenges construct our safety anchor. In doing this, we must remember that in this economy and in this time the most daunting challenge that will face all business however big or however small is that of liquidity management. It is of the utmost necessity for each business to construct its own survival strategy to manage this threat.”

Also speaking at the event, Chairman, Zinox Group, Leo Stan Ekeh noted that since 2014, businesses in the ICT sector had borne huge pains with the exemption of the sub-sector from the list provided for in the Central Bank of Nigeria’s (CBN) foreign exchange issuance. He, nevertheless, counselled participants to be strong and remain hopeful in the rebound of the economy. According to him, business credibility and a good relationship with partners such as banks, Original Equipment Manufacturers and major distributors such as TD will serve the participants well in overcoming the harsh economic situation.

Charging business owners to understand the direction of the economy, Ekeh who has successfully navigated the stormy and favourable cycles of business in growing the Zinox Group to Sub-Saharan Africa’s biggest ICT conglomerate, disclosed that retaining a daily position of one’s business financials aligned to a firm belief in God are indispensable requirements for success in the current dispensation.

The event which featured contributions from Mr. Balogun on the workings of the new foreign exchange policy and a short incisive intervention from Mr. Emelonye also provided a unique opportunity for participants to seek clarifications on various areas of their business relationship with TD.


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Study Reveals Majority of IT Professionals Show Openness to Cyber Immunity

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The cybersecurity landscape is evolving rapidly, with organisations seeking more robust ways to protect their digital assets. A recent global study conducted by Kaspersky reveals a growing shift toward proactive security strategies, particularly the adoption of Secure by Design development and Cyber Immunity – an innovative approach that embeds resilience directly into system architecture.

The study highlights that 90% of cybersecurity professionals surveyed in the Middle East, Turkiye and Africa (META) region are familiar with Secure by Design development. This methodology integrates security into the very fabric of a system from its inception, rather than treating it as an afterthought.

Such an approach is already employed in high-stakes industries like aerospace, where security cannot be bolted on later – it must be intrinsic. Despite its advantages, however, adoption has been slow due to challenges related to standardisation and cost.

Cyber Immunity is the next frontier in cybersecurity

Building on Secure by Design principles, Cyber Immunity takes cybersecurity a step further by creating systems that inherently resist attacks without the need for constant patching or additional security layers. The study reveals that most experts are familiar with Cyber Immunity but interpret it differently.

When asked what they associate with the term, 64% of respondents in the META region linked it to Secure by Design systems that remain resilient under attack, while 56% viewed it as a combination of technology and policy measures that block cybercriminal access. Another 48% connected it to highly skilled cybersecurity teams, indicating that while awareness is high, a unified understanding is still developing.

The growing demand for proactive security

One of the most striking findings is the optimism surrounding inherently secure systems. Over half of respondents in the META region (63%) believe it is already possible or definitely achievable to design systems capable of withstanding cyberattacks without relying on additional security solutions.

Another 32% think it might be possible, reflecting openness to this idea despite some uncertainty. This shift in mindset aligns with a broader industry trend: traditional reactive security measures are no longer sufficient.

With AI-powered threats and increasingly sophisticated attacks, organisations need solutions that do more than just detect breaches—they must prevent them by design.

Integrating Cyber Immunity into security strategies

The study emphasises that resilience, expertise, and flexibility will define the next generation of cybersecurity. While Secure by Design provides the methodology, Cyber Immunity represents the ultimate goal—systems so robust that they minimise reliance on external defences.

“For companies looking ahead, Cyber Immunity offers more than just protection — it brings clear business benefits. When systems are built to be secure from the ground up, there’s less need for constant updates, patches, and extra security tools. That means fewer costs, less strain on IT teams, and stronger, more reliable protection over time,” said Dmitry Lukiyan, Head of KasperskyOS Business Unit.

Most importantly in today’s threat landscape, Cyber Immunity offers robust protection against next-generation challenges — including AI-driven attacks capable of outmaneuvering traditional security measures.

When security becomes an intrinsic property of system architecture rather than an external addition, businesses gain more than just protection—they secure a competitive market advantage.

This proactive approach future-proofs critical infrastructure, enabling organisations to operate confidently even as threats evolve. It transforms cybersecurity from a defensive necessity into a strategic differentiator that accelerates digital transformation while mitigating risk.

As the cybersecurity environment becomes more complex, Cyber Immunity is emerging as a vital strategy. Organisations that adopt it now will not only enhance their protection but also position themselves ahead of the curve in an increasingly volatile digital world.

 


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Konga launches Jara sales with 25% discount on Starlink kits, free delivery

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Konga, Nigeria’s leading composite e-commerce platform, has launched its inaugural 2026 shopping campaign, Konga Jara, offering 25 per cent discount on Starlink internet kits alongside free nationwide delivery.

Konga launches Jara sales with 25% discount on Starlink kits, free delivery

Konga

The campaign, drawing from the Nigerian concept of “jara” — the extra value traders add to purchases — aims to deliver exceptional deals across categories, helping shoppers turn new year aspirations into reality through affordable technology and value-driven shopping.

To qualify for the Starlink discount, customers must purchase kits on Konga.com, activate them at starlink.com/activate, and email activation details to [email protected] for verification against Starlink’s records. Discounts are subject to terms and conditions.

Konga said spotlighting Starlink underscores reliable internet’s role in Nigeria’s digital economy, supporting work, learning, entrepreneurship and communication for households and businesses.

Mr Onochie Melvin, Head of Commercial Planning at Konga, said: “We listened carefully to what Nigerians said they needed to truly kickstart 2026 on the right footing. Reliable internet connectivity emerged as the foundation upon which other aspirations depend.”

He added: “Students need it for online learning, entrepreneurs need it to scale digital businesses, and professionals rely on it for remote work. This Starlink offer is not just about selling products; it is about removing barriers that prevent Nigerians from fully participating in the digital economy.”

Beyond connectivity, Konga Jara provides genuine products from original equipment manufacturers (OEMs) with transparent pricing, warranties and authenticity guarantees.

As a composite e-commerce ecosystem, Konga integrates shopping, payments and logistics for seamless nationwide access, with exclusive deals shared via its social media channels throughout the campaign.

Shoppers can explore offers at www.konga.com and follow Konga’s official pages for updates across the Konga Group.


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Firm Identifies Global Scam Activity Linked to the Release of Avatar 3

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The premiere of Avatar 3 has taken place in several countries and has been accompanied by a noticeable increase in online interest. Amid the heightened attention surrounding the release, Kaspersky experts identified an increase in cyber-scam campaigns that exploit the movie’s launch and users’ desire to watch it online. The fraudulent websites target users across multiple regions, indicating attempts by attackers to reach a global audience.

The scam operates as follows: cybercriminals create suspicious websites that offer online access to the Avatar 3 movie. Attackers place particular emphasis on localisation, publishing the sites in multiple languages to attract users from different countries. However, the translations are often poorly executed and contain grammatical errors and inconsistencies, which may serve as indicators of fraudulent activity.

When users attempt to start the video, they are presented with a fake media player and prompted to register in order to obtain “full” or “unlimited” access to the film. As part of the registration process, users are asked to provide personal information, including an email address and mobile phone number.

At later stages, scammers may request additional data, including payment details, under the guise of activating a “free trial.” This creates risks of credential compromise, particularly if users reuse passwords across multiple services, and may also lead to financial losses.

“Cybercriminals consistently exploit major movie premieres to capture users’ attention and increase the effectiveness of their schemes. We advise accessing films only through official platforms and exercising caution when encountering websites that request personal or payment information. It is also important to use reliable security solutions to protect all devices, including mobiles,” comments Olga Altukhova, Senior web content analyst at Kaspersky.

 


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