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CWG Can Be Next Google with CWG 2.0- Okere

Austin Okere, founder and chief executive officer, Computer Warehouse Group (CWG) Plc, has noted that the company has the potential to become the next Google, given the business prospects of her new business model, CWG 2.0.
The CWG boss made this point while addressing the company’s shareholders at the 9th Annual General Meeting (AGM) held in Lagos, recently.
In his opening statement, Chief Willie Belonwu, company’s chairman, observed that “ CWG Plc has been able to record strong top line financial figures in the past year, against a volatile backdrop of increments in commodity prices, tariffs and a steady depreciation of the local currency (at the interbank market), coupled with steady decrease in the margins of products and services. The results which showed strong and positive performances across all financial indices also confirmed the company’s position as the foremost Pan African ICT services Provider”
In reference to the future of the company, Belonwu noted that CWG Plc plans to further tap into the growth potentials of emerging African Economies, through the provision of cloud based IT solutions, in the bid to attain her vision to be the number 1 IT utility enabler in Africa.
The Company’s financial scorecard revealed that her revenues grew by 10% while Profit After Tax (PAT) increased by a whopping 81% showing strong efficiency of operations.
The result revealed a Return on Equity of 13% in 2013, as against 11% in 2012 and Returns on Capital Employed (ROCE) of 13% against 7% in 2012.
The Company’s Asset increased by N2bn to N13.4bn as at 2013 year end, while Shareholders’ equity increased by a remarkable 66% to N5.0bn in the same period.
The Company finished with a strong cash position of over N1.1bn at the year end, with a 38% increase in cash from operation over 2012.
Shareholders at the event were informed of the payment of their 8 kobo dividends per unit share, the same day.
According to Okere, CWG 2.0 is a subscription business model and driven by the quest to help Small Medium Enterprises (SMEs) grow and make notable social impact.
This includes Openshopen, a website that affords shop owners open their own virtual store online and SMERP, an enterprise resource planning solution that will help business owners manage their business inventories on a subscription basis.
According to him, Openshopen will allow business owners to open their own online virtual stores which will give their businesses visibility leverages.
“If a buyer searches for a shop that sells spare parts in your location online, for example, he can get to see your store address and get to buy from you without any stress, if you have registered your presence online” he said.
Moreover, the solution will democratize domain possession and give Micro, Small and Medium business owners the platform to compete with known online stores at cheaper rates.
Okere also pointed out that these solutions will have significant social impacts on the society. According to him, there are about 17.7 million Micro, Small and Medium Enterprises (MSME) in Nigeria.
“With their own online stores and with the aid of enterprise resource planning, we will empower SMEs to be able to keep their own records. Then, they can present their records to get credits from the banks. With these loans, they can be able to expand their businesses. If they are able to expand their businesses, each of them can employ one more person.
“If each of them employs one more person, we will end up creating 17.7 million more jobs. The unemployment rate in Nigeria is about 23%, which amounts to about 16 million jobless youths. With this development, we will eradicate unemployment and have more jobs to spare” he added.
The advent of CWG 2.0 has positioned us to be next Google or Facebook and make significant global impact.
And this vision is attainable because our solutions are not only profitable but they are repeatable, scalable and sustainable. He concluded.
The event also witnessed the election of Mr. Emmanuel Ijewere to the board of directors as a Non-Executive Director.
Ijewere is an astute accountant, who had served as president to various notable organizations, such as the institute of Chartered Accountants of Nigeria (ICAN), Red Cross Society, Institute of Directors and others.
In the same vein, three other shareholders were also elected as members of the audit committee, while Ernst and Young was appointed as the company’s auditor for another year.
The event had in attendance the company’s Chief Operating Officer, Mr. Phillip Obioha, Chief Technology Officer, Mr. James Agada; Non-Executive Directors, Mr. AbiodunFawunmi and Mr. Ravi Sharma, represented by Alternate Director, Mr. kunleAyodeji; company Secretary, Barrister OkeyEjibe, shareholders, the media and other stakeholders.
News
Joshua Ichor, Nigerian Innovator Bags Europe’s €60m Fellowship

Joshua Ichor, a Nigerian geoscientist and innovator, has secured a rare invitation into the prestigious EWOR Fellowship, one of Europe’s most selective founder programmes built for outlier entrepreneurs with the potential to create billion-euro companies.

Joshua Ichor
The invitation places Ichor inside EWOR’s elite founder ecosystem, a powerful European platform associated with a reported €60 million commitment to backing exceptional founders building the next generation of globally significant companies.
EWOR describes itself as a fellowship for founders who “think in decades and build in days.” The platform says it backs the top 0.1% of founders building potential €10 billion+ companies, with mentorship from unicorn-builders and a founder-first model designed for exceptional entrepreneurs.
For Ichor, the selection is more than another milestone. It is a signal that one of Europe’s most ambitious founder networks sees major global potential in the Nigerian innovator.
While the technology Ichor is currently building has not been disclosed to the public, sources close to the development describe it as a powerful and ambitious piece of technology with the potential to scale internationally.
The project remains under wraps as Ichor continues to refine the product, strategy, and long-term market direction.
According to the fellowship invitation, EWOR believes Ichor is among the few founders with what it takes to build a company that could be valued at €1 billion or more.
That belief places him in a rare class of founders being watched not only for what they have done, but for what they are quietly building next.
EWOR has earned attention for its radical selectivity and founder-first approach.
Its own platform highlights a 0.1% acceptance rate, describing the fellowship as a community of outlier founders who push and sharpen one another.
EWOR’s public materials also reference the fellowship as “Harder than Y Combinator,” built by unicorn founders for founders seeking a higher level of ambition.
The fellowship connects selected founders with a powerful network of unicorn builders, investors, and operators.
Ichor is expected to build alongside a high-calibre founder community that includes names such as Ricky Knox, known for two nine-figure exits; Andrew Nutter, associated with a €180 million revenue company and Sequoia Scout experience; Nick D’Aloisio, widely known for achieving a major technology exit as a teenager; and Jörgen Tveit, who raised one of Europe’s biggest-ever pre-seed rounds by a first-time founder.
The EWOR ecosystem also gives founders access to sessions with globally recognized operators and investors, including Fabrice Grinda, founder of OLX; Kevin Hartz, founder of Eventbrite and Xoom; Mark Ghermezian, founder of Braze; and Michael Baum, founder of Splunk.
For a Nigerian geoscientist to enter this circle is a major statement. It shows that African technical talent is increasingly stepping into the same rooms as some of the world’s most ambitious venture-backed founders.
Ichor’s current technology remains confidential, but the conviction from EWOR suggests that the opportunity is significant.
The details are not yet be public, but the direction is clear: Joshua Ichor is building something with global ambition.
EWOR’s wider network includes some of the world’s leading startup investors and venture names, including A16Z, Accel, Atomico, Balderton, Earlybird, EQT, FJ Labs, Lakestar, Sequoia, Speedinvest, World Fund, and others.
Its platform says fellows raise at 50–300% higher valuations than average, further underlining the strength of the ecosystem around selected founders.
News
More than 50 Percent of Leaked Passwords End with a Number – Research Reveals

To mark the occasion of World Password Day, Kaspersky experts analysed 231 million unique passwords in major password leaks from 2023 to 2026, and uncovered several key patterns.

First, 68% of modern passwords can be cracked within a day. Second, it turned out that the vast majority of compromised passwords either begin or end with a digit – a common pattern that makes them potentially vulnerable to brute force attacks.
And third, users also favour positive and trending words; for example, over the past couple of years, use of the word “Skibidi” in analysed passwords surged 36 times, mirroring the rise of that Internet trend.
In recent years, secure passwords’ rules have become a widely discussed topic. More and more services now demand passwords that are at least 10 characters long, include an uppercase letter, and contain a number or a symbol.
Yet a comparative analysis of leaked passwords from the past few years shows that even following some of those rules does not guarantee resistance to brute‑force or AI‑driven attacks.
Kaspersky experts share practical advice on how to make passwords more complex and secure, and how not to repeat common mistakes.
Be creative with using symbols and numbers
Among the leaked passwords that contain just one symbol, the “@” sign tops the list, appearing in 10% of cases. The next most common symbol is a dot (.), found in 3% of passwords. Among all analysed passwords “@” takes second place in terms of prevalence, and in third place is “!”.
Numbers also follow similarly predictable patterns:
53% of examined passwords end with digits;
17% begin with digits;
Nearly 12% include a numeric sequence that resembles a date (from 1950 to 2030);
3% of leaked passwords include keyboard sequencies like “qwerty” or “ytrewq”, but most of them are digital sequencies like “1234”.
Alexey Antonov, Data Science Team Lead at Kaspersky, notes that commonly used symbols, numbers, or dates – especially when placed in obvious positions (such as at the beginning or end of a password) – significantly simplify brute force attacks for cybercriminals. That’s why it’s highly recommended to give preference to less popular characters, and avoid numeric or keyboard sequences.
“Bruteforce works by systematically trying every possible character combination until the correct password is found. When attackers already know which characters users tend to favour, the time required to crack a password drops dramatically. To avoid the temptation of choosing predictable symbols, entrust password creation to dedicated generators that produce random letters, numbers, and symbols with equal probability”, says Alexey Antonov.
Between… Eden and hell: Try to avoid using words in a password
The research shows that emotional and trending words frequently become the basis for a password. For example, from 2023 to 2026 the use of the word “Skibidi” in passwords increased 36 times – mirroring the rapid rise of that Internet trend.
Kaspersky experts have also conducted analysis of the occurrence of positive and negative words in passwords, and it turned out that there are more positive ones. Among those regularly appearing are positive words like “love”, “magic”, “friend”, “team”, “angel” and “star”, “eden”. Interestingly, positive words are much more common than negative ones. However, words like “hell”, “devil”, “nightmare” and “scar” also occur.
“Using a single‑word password, even with a trailing number or a special character, is a weak choice. The pattern is too predictable, making it easy for attackers to guess. Instead, craft a passphrase that strings together several unrelated words, each supplemented with internal numbers and symbols, and sprinkle in a few intentional misspellings.
The longer and more random and unpredictable the password is, the harder it is to crack. As an additional way to protect yourself, enable two-factor authentication (2FA) wherever possible,” recommends Alexey Antonov.
Is password length important?
It’s well known that longer passwords are harder to crack, and the analysis of leaked passwords confirms this principle. However, with the rise of AI driven tools, length alone no longer guarantees security: even lengthy passwords can be compromised if they follow predictable patterns.
The research shows that short passwords of up to eight characters that appeared in the leak are typically cracked by brute force attacks in under a day. However, thanks to AI-powered smart algorithms, more than 20% of 15-character passwords can be broken in less than a minute.
What’s more 60.2% of all analysed passwords – regardless of length – can be cracked in about an hour; 68.2% – in a day.
In the examples provided, the calculations assume a single RTX 5090 GPU and the MD5 algorithm. In real‑world scenarios, attackers can rent multiple GPUs – ten, a hundred, or even more. Under such conditions, the cracking rate would increase potentially by several orders of magnitude.
In modern terms, truly secure passwords not only meet the gold standard of 16+ characters, but also consist of random, non-repeating letters, numbers, and symbols, and are unique for each account. To help users create such passwords, Kaspersky has added a password generation feature to the Kaspersky Password Generator website. Now users can not only check their passwords for leaks, but also generate secure passwords for free.
For easy and secure password management, auto-fill, and cross-device synchronisation consider using a password manager in which all credentials are stored in a secure vault and protected by a single master password. This eliminates the need to remember hundreds of passwords while keeping them safe from breaches.
What’s more, not only passwords, but also passkeys can be created and stored directly in Kaspersky Password Manager, which allows not only to sign in to supported services with a single tap, but also to access passkeys on all devices owing to secure synchronisation.
News
Cybervergent Expands to Three New Markets

Cybervergent has launched version 3.0 of its artificial intelligence (AI)-native posture management platform and expanded operations into Kenya, Ghana, and SA.

The move, according to the company, introduces automated risk verification for enterprises and aims to position Africa as a force in digital governance technology.
It goes on to say the latest platform upgrade introduces continuous posture management, replacing traditional point-in-time governance, risk, and compliance reporting with real-time verification systems.
An AI engine independently verifies 99.9% of audit and monitoring findings before they appear on enterprise dashboards, according to Cybervergent.
It says risk management, compliance, audit, and data security operations are integrated into a unified system built for cloud and on-premise environments.
According to Cybervergent, the platform maps more than 4 500 controls across frameworks, including the Nigeria Data Protection Act (NDPA), International Organisation for Standardisation (ISO) 27001, and System and Organisation Controls (SOC) 2.
Cybervergent says the rollout of its first South African customer validates the platform’s readiness for highly regulated enterprise markets and strengthens its expansion strategy across Africa’s leading technology and financial hubs.
The company is also adopting a channel-first deployment model, working with local partners and system integrators in Lagos, Accra and Johannesburg to scale verified security infrastructure for enterprises navigating increasingly complex regulatory demands.
“We built verification into the architecture,” said Ayomide Daniels, co-founder and chief scientist at Cybervergent. “If a finding is not traceable back to source documentation, it does not reach the dashboard.”
Cybervergent rebranded from Infoprivacy in late 2023 to reflect its shift towards AI-automated cybersecurity.
The start-up previously focused on data privacy compliance in the West African market before pivoting to its current integrated posture management model.
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