Telecom
Cloud is Becoming a Growing Target for Cyberattacks, A New Sophos Survey Finds

Sophos, a global leader in innovating and delivering cybersecurity as a service, on Thursday published findings of a new survey, “The Reality of SMB Cloud Security in 2022.”

John Shier, senior security advisor at Sophos
The survey found that, among Infrastructure as a Service (IaaS) users, 56% experienced an increase in the volume of attacks on their organization when compared to the previous year, and 67% were hit by ransomware. In addition, 59% experienced an increase in complexity of attacks.
For many of these users, a lack of visibility into their infrastructure, unpatched vulnerabilities and resource misconfigurations make them susceptible to various types of attacks, including ransomware. Of those surveyed, only 37% track and detect resource misconfigurations and only 43% routinely scan IaaS resources for software vulnerabilities.
What’s more, 65% of cloud users reported not having visibility of all resources and their configurations, and only 33% said their organization has the resources to continuously detect, investigate and remove threats in their IaaS infrastructure.
“It is imperative that security is prioritized as organizations continue to adopt cloud services. This includes implementing traditional threat-based protections, as well as risk-based mitigations.
“Unpatched vulnerabilities and misconfigured resources are both preventable mistakes and avoidable risks that make life easier for attackers.
“Most attackers are not unstoppable criminal masterminds, but rather opportunistic cyberthugs looking for an easy payday,” said John Shier, senior security advisor, Sophos.
“However, the survey also found that more advanced IaaS users are twice as likely to report a decrease in attack impact than beginners, suggesting the appropriate defense mechanisms can go a long way in deterring threat actors. For users who need help, we recommend security services that have the 24/7 experts who can detect and quickly respond to active attacks.”
Telecom
Telcos Warns of Nationwide Telecom Blackout over Diesel Shortage

Association of Telecommunications Companies of Nigeria (ATCON), has raised the alarm over a diesel supply crisis caused by an ongoing strike by the National Union of Petroleum and Natural Gas Workers (NUPENG).
Mr Tony Emoekpere, president, ATCON in a statement said that the fuel supply disruption is critically affecting telecom base stations, pushing them to the brink of a shutdown and threatening millions of mobile and internet users in the region.
“This strike, which stems from the persistent harassment of tanker and petroleum product drivers by police officers in Lagos State, has effectively halted all truck loading operations and fuel movements,” Emoekpere stated.
He explained that diesel supply to telecom infrastructure has been severely impacted, leaving critical sites with dangerously low fuel levels.
According to him, if urgent measures are not taken, the situation could escalate into a full-blown network blackout, disrupting essential services, including mobile and internet access, business operations, emergency response systems, and daily communications.
ATCON has called on the governors of Lagos and Ogun states to intervene immediately by facilitating the release of diesel from depots to telecom operators to prevent further deterioration of the situation.
“This is not just a telecom issue—it is a national emergency that could cripple economic activities and compromise public safety,” Emoekpere stressed.
The association also appealed to security agencies and petroleum unions to resolve the crisis swiftly to safeguard Nigeria’s connectivity and economic stability.
ATCON emphasised that a prolonged disruption in fuel supply to telecom infrastructure could have far-reaching consequences for both businesses and individuals who rely on stable communication networks for daily operations.
Telecom
Nigerians Spend N5.3 Trillion on Telecom Services

In 2023, Nigerians spent a total of about ₦5.3 trillion on telecommunications services, which includes calls, data, SMS, and other telecom services, according to the Leadership.
Specifically for voice calls, Nigerians made approximately 408.5 billion minutes of local calls, generating around ₦3.28 trillion from outgoing calls and ₦3.23 trillion from incoming calls, totaling about ₦6.51 trillion in call-related revenue according to projections based on 2023 call volumes and tariff data.
However, the ₦5.3 trillion figure represents the overall telecom sector revenue, with voice calls being a major component but also including data and other services.
For individual spending, MTN subscribers spent an average of ₦2,508 monthly on voice calls in 2023, showing a 14.4% increase from 2022, while Airtel customers spent about ₦1,694 monthly on voice calls.
Total telecom spending (calls, data, SMS, etc.): ₦5.3 trillion in 2023
Estimated revenue from voice calls alone: around ₦6.5 trillion based on call minutes and tariffs
Average monthly spending on calls per subscriber: ₦1,694 to ₦2,508 depending on the network
Telecom
MTN Chairman, Industry Leaders Honour Late Dr. Pascal Dozie’s Legacy at NGX Tribute

Nigeria’s corporate elite gathered recently to bid farewell to one of the nation’s most influential business titans, Dr. Pascal Gabriel Dozie.
The Nigerian Exchange Group’s headquarters in Marina, Lagos, played host to an ‘Afternoon of Tributes’ that saw industry captains, financial moguls, and family members celebrate the extraordinary legacy of a man who helped reshape Nigeria’s economic landscape.
MTN Nigeria Chairman, Dr. Ernest Ndukwe, captured the mood of the gathering when he described the late Dozie as “a visionary leader, a true patriot, and a trailblazer” whose impact continues to reverberate across Nigeria’s business terrain.
“Thanks to his remarkable foresight and unwavering dedication, MTN Nigeria didn’t just find its footing—it soared,” Ndukwe told the distinguished audience.
“Today, it stands not only as the largest telecommunications company in the country but also as one of the most highly valued corporations on the NGX Premium Board.”
The symbolic bell-ringing ceremony—a highlight of the event—paid homage to Dozie’s pivotal role in transforming both Nigeria’s capital market and telecommunications sector.
Speaker after speaker painted the portrait of a man whose influence transcended conventional boundaries. Beyond founding Diamond Bank and steering MTN Nigeria to unprecedented heights, Dozie was celebrated for embodying the rare combination of business acumen and ethical leadership.
Throughout the afternoon, the late business icon was remembered not merely as a successful entrepreneur but as a nation-builder whose contributions spanned critical sectors from banking and telecoms to public policy and education.
More than his corporate achievements, however, it was Dozie’s personal qualities that dominated tributes—his uncompromising integrity, innovative thinking, disarming humility, and lifelong commitment to service.
As the event concluded, it became clear that the gathering was more than a memorial—it was a celebration of possibilities, a testament to what can be achieved when purpose meets passion and when leadership is firmly rooted in service to others.
- E-Financial2 days ago
Fidelity Bank Seeks Supreme Court Judgement Interpretation, Condemns Malicious Publication
- E-Financial2 days ago
Access Bank Faces Charges over Alleged Diversion of N826m
- Telecom2 days ago
Mart Networks Rolls Out Tailored Cybersecurity Solution for Fintechs
- E-Financial2 days ago
Don’t Panic, Banking Sector is Safe and Sound- CBN
- News2 days ago
Nigeria’s Digital Economy Sector Attracts $191m FDI
- General News2 days ago
Nigeria to Launch 4 Satellites for Surveillance, Others
- E-Financial2 days ago
Court to Hear NIBSS Suit Seeking Exclusive Power to Manage BVN Database
- General News2 days ago
Shell Reports 122 Percent Surge in Oil Spills from Nigerian Operations in 2024