E-Business
Experts at CyberXchange Conference Offer Solutions to Cyber Threats

Information Technology (IT) experts have called for increased monitoring and evolution of human and technology deployed to manage information security as part of measures to curbing the increasing spate of cyberthreats in the country.
The Experts who decried the continuous rise in cyber attacks at the commencement of CyberXchange Conference 2016 in Lagos on Wednesday, called for increased awareness among Nigerians over such attacks.
According to them, most organisations are either ignorant of the cyber threats in their business environment, or have refused to implement the full software solution that would detect and prevent cyber attacks.
Inalegwu Alogwu, head of Innovations and Information Security at Interswitch, said that in the present day IT ecosystem, cyber breaches are mainly instigated by an insider (staff, contractors, etc.)
He categorised insider attacks into three: careless insider, exploited insider and malicious insider, adding that while organisations are investing in cyber security solutions, insider threats are on the increase.
To this end, he said, organisations should pay close attention to understanding and managing human elements associated with cyber security.
Alogwu added that information sharing among organisations, especially, those in the financial sector, is critical to mitigating coordinated attacks.
Nodding in agreement, Favour Femi-Oyewole, chief information security officer, Nigeria Stock Exchange (NSE), said that to successfully tackle cyber security related issues, organisation should focus on developing ‘human firewalls’.
She shared experts’ views that most organisations focus on security solutions, but continue to fail, for sheer reason they rely on data that is gathered after an attack rather than stopping the attack from occurring in the first place.
Human Firewalls, Femi-Oyewole said understands that Cyber Security must be addressed proactively with next generation continuous endpoint monitoring in order to identify, respond, contain and recover rapidly from advanced attacks.
She said that gesture was chief among reasons the NSE introduced Minimum Operating (security) Standards in 2014, “and the results positively impacting members of the NSE”.
Considering the need for long-term protection for investors and stakeholders in the capital market, in 2014, the Nigerian Stock Exchange (NSE) set Minimum Operating Standards (MOS) for its Dealing Members.
MOS cater for all three classes of Dealing Members (broker dealers, brokers and dealers) and address the five broad areas of manpower and equipment, organizational structure and governance, effective processes, global competitiveness and technology.
“The Minimum Operating Standards helps in enhancing regulations and build strong operational structure that would help mitigate risk in a sustainable manner. Therefore, organisations should focus on building human firewalls if they will stay ahead of cyber threats”, she added.
Check Point Software Technologies, a global cybersecurity vendor, providing industry-leading solutions on cyber attacks, recently raised the consciousness of Nigerians to the growing rate of global cyber attacks.
According to the software security solution vendor, first quarter 2016 analysis of the global threat index by Check Point Software Technologies, revealed deep disparities in the threat environments in Africa, and the potential for increased attacks as cyber-criminals now target mobile devices.
Analysing the current trend in cyber attacks at the end of the first quarter of 2016, Check Point found Nigeria was ranked16th highest country, that are vulnerable to cyber attacks, moving up two places from 18th position in the preceding quarter.
From the report, it was found that African nations are highly represented in the upper rankings of the index, and Nigeria was surpassed by a handful of other African countries, including Namibia and Malawi.
In her contribution, Wendy Cheshire, sales director at Control Risks, highlighted a need for organisations in Nigeria to recognise that securing their businesses from operational risks is a first priority for any management team.
She listed losses of life, intellectual property, physical assets and reputation as capable of devastating a business.
Cheshire, said, Companies can succeed in the face of cyber threats by constant monitoring and managing the consequences of changes in risk levels; secure the business at both an enterprise and local level and understand the business impact of risks and prepare contingency plans to reduce the impact of an event should it occur.
E-Business
Galaxy Backbone Celebrates the Federal Government’s Paperless Civil Service Milestone

Galaxy Backbone (GBB) aligns with and celebrates the successful announcement by the Office of the Head of the Civil Service of the Federation on the achievement of a Paperless Civil Service, a significant milestone in Nigeria’s public sector reform and digital transformation agenda.

The milestone was formally highlighted at a press briefing led by the Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack, who commended Galaxy Backbone for its sustained support and contribution throughout the implementation of the programme.
GBB has played a critical role in enabling this transition by providing secure, scalable, and shared digital infrastructure that supports the digitisation of government processes across Ministries, Departments and Agencies (MDAs). Through the 1Government Cloud, MDAs have been empowered to migrate from paper-based workflows to digital platforms, improving efficiency, collaboration, data security, and service delivery across the Federal Civil Service.
In addition, GovMail, GBB’s secure government email platform, has strengthened official communication, enhanced records management, and reinforced cybersecurity standards—key pillars in sustaining a paperless operating environment.
Galaxy Backbone acknowledges the collective efforts of the Office of the Head of the Civil Service of the Federation, Permanent Secretaries, Directors of ICT, consultants, partners, and dedicated public servants whose commitment and collaboration ensured the smooth delivery of this initiative.
The Managing Director/Chief Executive Officer of Galaxy Backbone, Prof. Ibrahim Adeyanju, was represented at the press briefing by Akintayo Bamisaye, Acting Group Head, Research, Digital Innovation and Skills Department (RDIS).
GBB describes the achievement as a strong close to 2025 and reaffirms its commitment to supporting the Federal Government in building a modern, efficient, and digitally enabled public service.
E-Business
Jumia CEO says Black Friday Signals Nigeria’s E-Commerce Maturity

At the close of 2025, Temidayo Ojo, the CEO of Jumia Nigeria, reflected on a year-end shopping season that points to the growing maturity of the country’s e-commerce market. “Black Friday is no longer a single, short-lived spike in activity,” he said.

“It has become a familiar, anticipated moment in the retail calendar, where consumers shop deliberately and with confidence.”
Preliminary KPIs for the two months ended November 30, 2025, show strong year-on-year growth in both orders and Gross Merchandise Value (GMV), with GMV growth outpacing order growth. This indicates that customers are placing fuller, more considered baskets rather than shopping in fragmented transactions. Nigeria ranked among Jumia Group’s better-performing markets, with engagement remaining steady throughout the Black Friday period rather than spiking briefly and tapering off.
A key factor behind this performance is the growing familiarity of consumers with online shopping. Customers are increasingly leveraging platform features such as saved carts, brand stores, and price comparison tools to plan purchases in advance. This trend suggests that digital commerce is becoming embedded in everyday habits rather than being viewed as a one-off event.
Ojo also highlighted the role of Jumia’s JForce network in connecting digital commerce to local communities. “Our agents are critical to ensuring that customers across Nigeria, including secondary cities and smaller communities, have access to variety, consistent pricing, and reliable delivery,” he said. “During peak periods like Black Friday, JForce agents can respond faster, serve more customers efficiently, and build stronger local relationships. This isn’t just a distribution channel—it’s a pathway to sustainable income and inclusion.”
Reflecting on the overall performance, the CEO concluded: “What we’re seeing this year-end is steady engagement across categories, stronger consumer confidence, and partners like our JForce agents benefiting from increased activity.
“It confirms that Nigeria’s e-commerce ecosystem is maturing, growing in a more structured and resilient way. As the December Holiday Sale continues, we expect these patterns of familiarity, trust, and participation to sustain momentum and drive both commerce and community impact across the country.”
E-Business
Galaxy Backbone Tops FG’s Website Performance Ranking

Galaxy Backbone Limited (GBB) has been ranked first overall in the 2025 Federal Government Website Performance Scorecard.

This is a landmark achievement for Nigeria’s digital economy.
The ranking, conducted by the Bureau of Public Service Reforms (BPSR), is the definitive benchmark for digital excellence and transparency across all Ministries, Departments, and Agencies (MDAs).
Professor Ibrahim Adepoju Adeyanju, managing director and CEO of Galaxy Backbone, received the award during a ceremony in Abuja.
He described the feat as a validation of the agency’s“Nigeria First”data sovereignty strategy and its relentless pursuit of service excellence.
This recognition comes as the Federal Government intensifies its push to achieve a fully paperless civil service by December 31, 2025.
GBB has been the primary architect of this transition through its 1Gov Enterprise Content Management (ECM) platform, which now hosts the operations of almost all federal MDAs.
The award adds to a growing list of accolades for Galaxy Backbone in 2025, following its recent win of the “International Standard Excellence Award for Best IT Service Provider.”
As the central hub for government shared services, GBB’s performance serves as a blueprint for other agencies currently undergoing digital transformation.
With its expanded fiber-optic backbone now covering over 13 states and its secure cloud solutions, Galaxy Backbone remains the cornerstone of Nigeria’s vision to become a leading digital nation by the end of the decade.
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