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Cybersafe Foundation Trains NITRA Members on Cybersecurity Awareness & Risks Mitigation

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L-R: Bharat Soni - Chief Information Security Officer - Gtco Plc ; Confidence Staveley - Founder, Cybersafe Foundation ; Favour Femi-Oyewole - Group Chief Information Security Officer - Access Bank Plc; Dr. Obadare Peter Adewale - Chief Visionary Officer/ Co-Founder, Digital Encode; Igboa Abumere - Chairman Committee of Chief Information Security Officer of Nigerian Financial Institution (CCISONFI) at a capacity building workshop for ICT journalists in Lagos on Friday.
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With billions of devices now online, new threats pop-up every second with more people becoming susceptible to attacks. To this end, Cybersafe Foundation, a cyber-security awareness organization in collaboration with the Committee of Chief Information Security Officers of Nigerian Financial Institutions (CCISONFI) have trained members of Nigerian Information Technology Reporters Association, NITRA, on cybersecurity awareness and vulnerabilities mitigation antics.

L-R: Bharat Soni – Chief Information Security Officer – Gtco Plc ; Confidence Staveley – Founder, Cybersafe Foundation ; Favour Femi-Oyewole – Group Chief Information Security Officer – Access Bank Plc; Dr. Obadare Peter Adewale – Chief Visionary Officer/ Co-Founder, Digital Encode; Igboa Abumere – Chairman Committee of Chief Information Security Officer of Nigerian Financial Institution (CCISONFI) at a capacity building workshop for ICT journalists in Lagos on Friday.

The training which took place on Friday, December 3, 2021 at Romey Hall, Awolowo Road in Ikoyi, Lagos, was themed: ‘NoGoFallMaga’.

The training was basically designed to raise awareness on emerging cyber security trends, hazards of cyber threats and assaults, as well as how to avoid them.
In their presentations, the experts said that cybersecurity threats and attacks are not going away and that the occurrence could become the next pandemic.

The experts highlighted the dangers of corporations, governments, and individuals refusing to build barriers and walls to protect their platforms, digital tools, and applications from cyber-attacks.

They, in various presentations, exposed participants to various cyber security concerns considered as digital pandemic.

On his part, Femi- Oyewole, Group Chief Information Security Officer, Access Bank, warned that cyber-attacks would be the next post-Covid pandemic saying that it is critical for businesses and people to begin building resilience and backups for their systems, platforms, and apps. She urged organisations to check their ability to bounce back should they suffer any attack.

“If anything happens to you, how quickly can you bounce back? Have you checked your resilience, do you have a backup”, she asked.

According to her, integrity, confidentiality, and availability of a good cybersecurity system must be put in place by organisations as part of their cybersecurity strategies.
Femi-Oyewole continued “You need to put necessary measures in place to quickly detect any breaches and remedy. Vulnerability is any flaw or weakness that can be exploited. There should be counter measures in place to prevent, minimize or report any breaches on time so that corrective measures can be taken up immediately”.

Bharat Soni, Chief Information and Security Officer, Gtco Plc, said organizations should work to mitigate cyber security challenges such as insider fraud, business email compromises, ransomware, and phishing.

He further explained that cyber threats and assaults have increased due to technological advancements, social-economic considerations, and insufficient criminal justice. He listed the most recent cyber security breaches as Twitter compromise 2020, Colonial Ransomware Attack 2021, and Cyber Breach of an Undisclosed Nigerian Bank 2021.

For him, social media has become a challenge to reporting cyber incidents as many people do not check the authenticity of news posted on these social media platforms.

Soni noted that this is why media collaboration is critical to cybersecurity awareness.

CCISONFI Chairman and the Chief Information Security Officer, Stanbic IBTC, Igboa Abumere noted that there is need for awareness despite the cybersecurity regulations. “We are highly regulated but we still need to know how to protect ourselves,” he stated.

Dr. Obadare Peter Adewale, Chief Visionary Officer/ Co-Founder, Digital Encode, enjoined ICT journalists to get equipped with knowledge of trends in the cybersecurity ecosystem. This he said, will empower the journalists to inform the public with accurate and factual cybersecurity information in their reportage.

The capacity building workshop also had in attendance Founder, Cybersafe Foundation, Confidence Staveley with over 30 ICT journalists and media entrepreneurs.

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Lebara Nigeria, MVNO Oils Machine for Q3 Launch with Personalized Number Reservations

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Lebara Nigeria is building excitement for its upcoming Mobile Virtual Network Operator (MVNO) launch, giving customers a chance to secure a personalized piece of their mobile identity.

Lebara Nigeria, MVNO Oils Machine for Q3 Launch with Personalized Number Reservations

The company has opened a Number Reservation Portal, allowing users to reserve their preferred mobile numbers before the official service goes live in the third quarter of 2025.

This strategic move is all about giving customers a sense of ownership from day one. Using the carrier’s 0724 prefix, users can choose a number that’s meaningful to them, whether it’s a birthday, a lucky number, or an easy-to-remember pattern.

The reservation process is straightforward. Users must be at least 13 years old and provide a few basic details to get a one-time password via email.

Once verified, they’ll need to enter their National Identification Number (NIN), which the system uses to confirm personal information.

After this, a list of available numbers appears, and a final confirmation email completes the reservation.

Lebara, a London-based global MVNO, according to yozzo.com,  is no stranger to the telecom world, with a strong presence as a mobile virtual network operator (MVNO) across Europe and other regions.

Its entry into Nigeria is a calculated move to carve out a space in the highly competitive market.

By allowing customers to pick their numbers early, Lebara hopes to build loyalty and highlight its customer-first philosophy.

The company plans to operate a lean, technology-driven model by leveraging existing network infrastructure, which will help keep costs low and make its pricing competitive.

At launch, Lebara will offer nationwide coverage, a dedicated 0724 number series, and both SIM and eSIM options.

Beyond traditional connectivity, Lebara is also partnering with local government and the Ministry of Arts, Culture, Tourism, and Creative Economy to launch public Wi-Fi hubs and promote digital inclusion for creators and underserved communities.

The core of its proposition is affordability, transparent billing, and a strong customer service model designed to challenge established players.

Lebara’s entry won’t be without its challenges.

It will face off against many other competitors in Nigeria’s emerging MVNO space.

This wave of new entrants comes after the Nigerian Communications Commission (NCC) issued 46 MVNO licenses, with many of the licensees expected to have already launched.

Despite this, the local media’s focus has largely been on only a couple of them, Vitel and now Lebara.


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Why Half of MVNOs in Nigeria May Collapse- Experts

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Telecoms stakeholders have cautioned that many Mobile Virtual Network Operators (MVNOs) in Nigeria could struggle to survive unless they address infrastructure gaps, target niche markets, and adapt to local realities.

Why Half of MVNOs in Nigeria May Collapse- Experts

The warning came during the sixth edition of the Telecoms Sector Sustainability Forum, organised by Business Remarks in Lagos on Tuesday.

According to the stakeholders, securing a license from the Nigerian Communications Commission (NCC) is not enough to ensure survival in a market dominated by major Mobile Network Operators (MNOs) like MTN, Airtel, and Glo.

Chidi Ajuzie, director of USK Mobile, highlighted the stark reality facing MVNOs, noting that none of the over 40 licensed operators have fully launched services.

“Licenses are not cash cows. Too many people think that once you get a license, the money will start rolling in. The truth is, you must build infrastructure, study the market, and create services that meet consumer needs. Without that, many MVNOs will die out quickly,” Ajuzie said.

Ajuzie pointed out that smaller operators, particularly those in Tier 4 and Tier 5 categories, face significant financial hurdles in building their own infrastructure to support capacity.

However, he sees this as an opportunity for innovation, urging MVNOs to target niche markets such as youth, migrant workers, or fintech services, as seen in successful models in South Africa and India.

“Half of us may launch, but only those with clear strategies will survive,” he warned, predicting mergers and consolidations in the coming years.

Tony Emoekpere, president of the Association of Telecommunications Companies of Nigeria (ATCON), echoed Ajuzie’s concerns, stressing that market differentiation is critical for MVNO survival.

“The MNOs already provide enterprise services, internet, and fintech. MVNOs must find gaps and focus on those,” Emoekpere said.

He cited Kenya’s M-Pesa, which revolutionized payments by targeting rural and low-income users, as a model for local innovation.

Emoekpere suggested that MVNOs could capitalize on Nigeria’s underserved rural areas, where millions lack access to reliable telecom and financial services. “Something as simple as a low-data package for POS machines in rural areas could be a game-changer,” he added.

Olusola Teniola, director, IPNX, cautioned against adopting foreign business models without considering Nigeria’s unique environment. “In some villages, people still travel by canoe or horse for hours to access basic services. If your business model doesn’t account for that, it will fail,” Teniola said.

He urged MVNOs to focus on the bottom of the pyramid, where millions lack basic connectivity, rather than competing for urban smartphone users.

Teniola also warned that failure to strengthen indigenous companies could lead to more profits leaving Nigeria through foreign-owned operators, emphasizing the need for policies to protect data sovereignty and foster local innovation.

The stakeholders said while MVNOs have the potential to expand Nigeria’s telecom sector and increase consumer choice, their survival hinges on strategic planning, niche targeting, and a focus on rural connectivity.

Without urgent action to address infrastructure challenges and adapt to local needs, many MVNOs risk disappearing before they can establish a foothold in Nigeria’s competitive telecom landscape.

 

 

 

 


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NCC Claims Nigeria’s Telecom Tariffs among Cheapest despite 50 Percent Hike

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Nigerian Communications Commission (NCC) has defended the recent upward review of telecom tariffs, insisting that Nigeria’s rates remain among the cheapest in the world due to strong industry competition.

NCC Claims Nigeria’s Telecom Tariffs among Cheapest despite 50 Percent Hike

Speaking at a media briefing in Abuja recently, Dr. Aminu Maida, executive vice chairman, NCC, said that despite a 50% hike in tariffs, call rates have only moved from ₦15 per minute in the early 2000s to about ₦18–₦19 per minute today.

“Even with the increase, not all operators adjusted their tariffs. Some are still undercutting others. That is competition at work,” Maida explained.

He assured that the commission will continue to strengthen regulations to encourage competitiveness and transparency.

According to him, NCC is adopting an information disclosure strategy to enable consumers to make informed choices.

Maida also cautioned Nigerians against relying on Truecaller for identity verification, stressing that it is not linked to Nigeria’s SIM registration database and often provides misleading results.

He noted that while all SIMs in use are registered, some individuals deliberately use proxies, including domestic staff, to register SIMs an act he described as a crime.

The NCC boss disclosed that in September, the commission will launch a coverage and tariff map to help subscribers compare network quality and pricing across operators.

He further revealed plans for spectrum trades and leases to optimise usage and improve service delivery, adding that most Nigerian phones already support 4G, which remains the “sweet spot” for mobile broadband.

Maida emphasised the need for fresh capital and stronger corporate governance within the sector to sustain growth, enhance service quality, and strengthen national security.


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