E-Business
Does Your Business Need a Multi-Cloud Strategy?

There’s a lot that businesses can do with the cloud. They can set up Customer Relationship Management systems, automate enterprise accounting and payroll, and coordinate large scale projects. There are also cloud solutions tailored to companies in specific industries.
While some companies rely on single cloud service providers for their core processes, a lot of organizations use cloud services from multiple agencies. They may depend on one provider for their email systems and another for their payroll and accounting platform.
When businesses rely on multiple providers in this way, they are said to have adopted a multi-cloud strategy.
They might combine various kinds of cloud from different service providers. For instance, they could anchor Infrastructure as a Service (IaaS) with one firm, and have another one cover Platform as a Service (PaaS) and Software as a Service (SaaS).
The Benefits of a Multicloud
- A Mix of the Best Services
You may find that no single vendor gives you the best service across all aspects of your operations. In this case, you will be better off using a couple of providers for different portions of work. This lets you enjoy the best from multiple sources, instead of getting limited by reliance on a single source.
- Reduced Risk of Disruption
If you’re using a single provider, your services may be slowed or shut down if they experience an outage. You can spare yourself the negative effects on business continuity, by diversifying your vendors. This way, some of your operations will carry on even if one cloud vendor has its services disrupted by DDoS attacks or some other issue.
- Favourable Pricing
Companies can also reduce overall cloud hosting costs by spreading their workloads across several clouds. In this case, their mix of service providers could be determined by the prices they offer. If they have to pay a higher price for robust service in one area, they could reduce its effect on their budget by assigning some of their workloads to less costly clouds.
- Prevent Vendor Lock-In
If you are using a single vendor, you risk becoming locked-in with them. What this means is that you’ll be fully dependent on them for cloud services, and find it hard to opt-out because the cost of switching is too high. This could restrict your company’s growth and hamper innovation. You usually won’t have to worry about this if you use multiple cloud service providers
The Drawbacks of Multicloud
Despite the advantages that accrue from using a multi-cloud strategy, it also comes with some potential drawbacks. These are:
- Increased Complexity
If you’re using multiple clouds, you will have to move between different cloud environments regularly. You have to master the various environments and become comfortable with switching between them.
- Security Issues
It’s harder to keep tabs on your data when you’re working on several platforms. The complexity of multi-cloud makes it more challenging to manage; security lapses are more likely in this situation, and cybercriminals will want to exploit them if they get the chance.
- Talent Management Problems
You will have to train your staff to use more than one cloud platform. This will involve expending time and resources, both for the training and in the cost of your staff’s slower pace of work while they are still getting familiar with your multiple cloud environments.
What Is the Difference Between Multicloud and Hybrid Cloud?
Both multi-cloud and hybrid cloud involve using more than one cloud platform to get things done. But they are different strategies in one crucial respect: multi-cloud is about using different cloud service providers who usually offer public cloud services. Hybrid cloud is more about using both public and private clouds, that is, more than one type of cloud.
Do You Need a Multi-Cloud Strategy?
Your company should go for a multi-cloud strategy if
- It places a premium on innovation and flexibility
- Your business is significantly affected by unscheduled downtimes
- You can deal with the costs of getting familiar with multiple cloud environments
- Workers are skilled enough to use several cloud platforms
- You can deal with the performance and security issues that may arise
How to Build a Multi-Cloud Strategy for Your Business
Here are a few steps you can take to build your multi-cloud strategy.
- Recognize How Service Providers Differ
Every cloud service provider implements and uniquely manages its computing functionalities. You should learn how your preferred vendors work or at least get your IT teams to assess them and determine what combination of vendors is best for your business.
- Know What You Will Use Each Cloud For
Define your reason for deploying each cloud, and how they will help you achieve your operational goals. For example, you may want one cloud provider to serve your data storage need, and another to take care of your project management system.
- Have a Plan for Migrating Data Between Clouds
Without prior planning, you might find the process of moving data between clouds to be complicated and hard to manage. Your multi-cloud strategy should contain a plan of action for transferring data between cloud platforms. When you come up with such a plan, test it to confirm that it works.
- Prepare to Adopt the Multi-Cloud Strategy
Train your staff so that they are ready to work with several cloud platforms. The depth of skills they need to learn will depend on the sort of work they will be doing on the clouds. They could be developing and running applications in each cloud environment, so they have to be prepared for this.
Conclusion
The success of a business’s multi-cloud strategy depends on how they can plan and execute the strategy. But it also rests on the quality of cloud service providers that the business works with.
Whether you’re seeking a multi-cloud or hybrid cloud strategy, you can depend on Layer3 Cloud for solutions that meet your needs. Layer3 Cloud offers on-demand storage, virtual servers, remote backup, managed security, and several other services that you can leverage to improve your business’ operations.
If you would like to know what cloud strategy suits your company best, you can contact our expert consultants here.
E-Business
FG Launches Online Citizenship, Business Management Platform

Ministry of Interior has announced the launch of a new Online Citizenship and Business Management Platform in line with the Renewed Hope Agenda of President Bola Tinubu.
A statement signed by Dr Magdalene Ajani, permanent secretary, Ministry of Interior’s said the initiative forms a key part of its ongoing reforms aimed at promoting transparency, enhancing operational efficiency, and significantly improving service delivery to the public.
The new digital platform is designed to streamline the application and processing of citizenship and business-related services, ensuring faster turnaround times and improved user experience.
The platform allows users to apply for and manage business permits, ensuring that both local and foreign businesses operate legally in Nigeria.
It includes an Expatriate Quota System to manage work permits for foreign employees, helping companies hire skilled workers while complying with Nigeria’s immigration laws.
The Citizenship Administration and Management System provides a streamlined online process for applying, tracking, and managing Nigerian citizenship applications and related services.
Members of the public, corporate entities, and other stakeholders are expected to access the platform through the ministry’s website: https://interior.gov.ng , Direct Portal Access: https://candb.interior.gov.ng , or contact candb-support@interior.gov.ng for support and inquiries.
“The Ministry of Interior remains committed to establishing a more efficient, transparent, and secure framework for citizenship administration, while continuously enhancing service delivery through digital transformation,” the statement read in part.
E-Business
NITDA, CISCO Empower Youth with Digital Skills

Fifty selected young unemployed Nigerians have completed a four-week intensive digital skills bootcamp under the Digital Literacy for All (DL4ALL) initiative, gaining practical training in Data Science, Artificial Intelligence (AI), and IT Essentials.
The programme, a collaborative effort between the National Information Technology Development Agency (NITDA) and Cisco, was hosted at NITDA’s South West Zonal Office in Victoria Island, Lagos.
Speaking on behalf of the Director General of NITDA, Kashifu Inuwa , the Head of the South West Zonal Office, Mrs. Chioma Okee-Agugwo, described the initiative as a vital component of Nigeria’s digital future. “This is not just a closing ceremony. It is the launchpad for new journeys—anchored in digital knowledge and powered by innovation,” she remarked.
According to the Director General, the initiative is rooted in NITDA’s Strategic Roadmap and Action Plan (SRAP 2.0) and reflects key focus areas including Digital Literacy, Emerging Technologies, and Youth Empowerment. It also aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which seeks to accelerate economic diversification through digitisation, innovation, and skills development.
Inuwa noted that the DL4ALL initiative forms part of Nigeria’s broader commitment to digital inclusion—ensuring that no one is left behind in the evolving digital economy. It also supports the ambitious goal of achieving 70% digital literacy by 2027, championed by the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. This national vision aims to equip millions of Nigerians with the skills required to thrive in a tech-driven world.
He further emphasized the importance of empowering youth with globally relevant skills. “They are no longer just consumers of technology. They are creators, innovators, and future employers,” he said.
The NITDA boss explained that throughout the bootcamp, participants engaged in hands-on learning experiences designed to build both technical proficiency and digital leadership capabilities.
“This is only the beginning,” he stated. “Through our zonal strategy, we are bringing innovation closer to local communities. This is how we democratise access and unlock Nigeria’s full digital potential.”
Inuwa expressed appreciation to Cisco for delivering high-impact training and called on stakeholders to continue investing in partnerships, people, and platforms that drive digital inclusion.
He asserted that the newly certified participants are now equipped to contribute meaningfully to Nigeria’s digital economy—armed with the skills to build solutions, secure infrastructure, and launch tech ventures that solve real-world problems.
At the end of the bootcamp, participants demonstrated their knowledge through impressive presentations that showcased the integration of skills acquired across Data Science, AI, and IT Essentials. Many spoke passionately about how the programme had expanded their technical competence and sparked a drive to create job opportunities—not only for themselves but also for others—as entrepreneurs and digital solution providers in their communities.
E-Business
Cyberattack Could Cost it Up to $400m – Coinbase

Coinbase forecast a hit of between $180m and $400m from a cyberattack that breached account data of a “small subset” of its customers, the crypto exchange said in a regulatory filing on Thursday.
The company received an anonymous email on May 11, claiming to have information about certain customer accounts as well as internal documents.
While some data — including names, addresses and emails — was stolen, the hackers did not get access to login credentials or passwords, Coinbase said.
Still, it will reimburse customers who were tricked into sending funds to the attackers.
Hackers had paid multiple contractors and employees working in support roles outside the US to collect information.
The company has fired those involved, it said.
Separately, the New York Times reported that the US Securities and Exchange Commission (SEC) was investigating whether the company had misstated its user numbers.
Coinbase shares extended losses after the report and were last down 6.5%.
“This is a hold-over investigation from the prior administration about a metric we stopped reporting two-and-a-half years ago, which was fully disclosed to the public,” said Paul Grewal, Coinbase’s chief legal officer.
“While we strongly believe this investigation should not continue, we remain committed to working with the SEC to bring this matter to a close.”
The SEC declined to comment.
The latest developments come days before the company is set to join the benchmark S&P 500 index, casting a shadow over what was expected to be a landmark moment for the crypto industry.
Security remains a challenge for the crypto industry despite its growing mainstream acceptance.
In February, Bybit disclosed a hack in which about $1.5bn worth of digital tokens were stolen — widely described the biggest crypto heist ever.
“The cyberattack may push the industry to adopt stricter employee vetting and introduce some reputational risks,” said Bo Pei, an analyst at US Tiger Securities.
Funds stolen by hacking crypto platforms amounted to $2.2bn in 2024, according to a report from Chainalysis, a US-based blockchain analysis firm.
“As our nascent industry grows rapidly, it draws the eye of bad actors, who are becoming increasingly sophisticated in the scope of their attacks,” said Nick Jones, founder of crypto firm Zumo.
Coinbase has refused to pay a ransom of $20m demanded by the attackers and is working with law enforcement agencies. Instead it has established a $20m reward for information on the hackers.
The company is also opening a new support hub in the US and taking other measures to prevent such cyberattacks, it said.
- Telecom3 days ago
₦800 Billion Infrastructure Plan Set to Boost MTN’s Network Quality Nationwide
- News3 days ago
Creative Economy Ministry Secures $300M Investments Commitment
- E-Business3 days ago
NITDA, CISCO Empower Youth with Digital Skills
- E-Financial3 days ago
Fidelity Bank reclaims trillion-naira market cap as stock rises to ₦21
- Telecom3 days ago
African Women Hit Hardest as Mobile Internet Gender Gap Persists
- General News3 days ago
NITDA DG says its Community IT Centres Should be a Catalyst of Change
- Telecom3 days ago
Remita’s Bold Leap: Nigeria’s Fintech Giant Expands Across Africa
- E-Financial3 days ago
Kuda Co-founder Urges Young Developers to Build Tech with Purpose @NACOSS 2025