E-Business
FG Promises Continued Democratisation of Internet Access

Prof. Yemi Osinbajo, vice president, has assured that the federal government will continue to do all within its reach to democratise access to the internet in the country.

Prof. Yemi Osinbajo
Osinbajo gave the assurance today in Abeokuta while speaking at the official launch of the Ogun Digital Economy Infrastructure Project(OGDEIP)
The Vice President who spoke virtually, explained explained that it the Federal government recognises the fact that internet access and broadband Communication would help the country in determining it’s competitiveness in the global economy.
He added that Ogun state had positioned itself to become a major global site of the emerging telecommunication economy through its judicious Investment in the right infrastructure.
He described Prince Dapo Abiodun, state governor, as a dynamic, innovative and digitally compliant governor.
He noted that by bringing broadband access to homes, the Prince Dapo Abiodun led government in the state is opening up the state residences and businesses to DigiTech not only in the country, but across the world.
Osinbajo who noted that the project which is part of the President Muhammad Buhari’s objective for broadband connectivity for every citizens of the country, said that the ambition to make broadband available to the people is now enshrined in the economic sustainability plan of the federal government.
The Vice President added that the Federal Government launched the National Broadband Plan which is designed to deliver data download speed of a minimum of 25mbps in urban areas and 10mbps in rural areas, adding that the plan would make coverage available to at least 90% of the population by 2025 at affordable prices.
Osinbajo also noted that the plan would give attention to unserved and underserved area in the distribution of telecom service.
In his remarks, Prince Dapo Abiodun, Ogun State Governor, who noted that his administration would remain committed towards providing the required infrastructure to boost all aspects of the state economy, said that the construction of the Agro Cargo International Airport is part of the wholesome strategy of his administration towards developing air transport infrastructure, especially to boost the Agricultural Development Agenda of his administration.
Abiodun who also added that his administration is also unfolding its power infrastructural project that would guarantee stable power supply to most of the cities and industrial clusters, said that the digital economy infrastructure being the backbone for ICT revolution in the State would further enhance the ease of doing business in the State.
The state helmsman who further noted that the effort of his administration at providing a digital economy in the State will not only help to resolve challenges, both human and economic, but would also provide more opportunities to improve the people’s know-how, productivity and innovations.
Abiodun while noting that the launch of the Ogun State Digital Economy Infrastructure Project (OGDEIP) would help to deepen the various advantages of information technology advancements into all sectors as well as make ICT one indispensable part of the state economy, added that his administration is also putting efforts in place towards improving the status of the state as the Industrial Hub of the nation.
The Governor while noting that the first phase of the project would require laying the foundation for increased broadband connectivity, added that the Project would also see to the establishment of a world class data center along the Silicon Alley in the state capital that will host a variety of ICT services both for the public and private sectors.
Abiodun who also noted his administration is taking practical steps towards integrating technology into its practices and businesses, said that the project would also feature the completion of an ICT Park donated by Nigerian Communication Commission (NCC) along the same route which will house world class technology centers for cutting edge technology research and development.
The Governor who also added that his administration has begun deploying electronic document management systems, e-procurement tools and digitized revenue collection platforms towards improving the efficiency and reducing leakages in all the state Ministries, Departments and Agencies, added that the introduction of digital technologies have also started to yield positive results and improve on justice and the improvement of the system of administration of justice in the State.
In his remarks, Dr. Isa Ali Ibrahim Pantami, minister of Communication and Digital Economy; who noted the Digital Economy has played a critical role in supporting the economy of the country as well as played an important role in helping the country to exit recession, added that the digital economy would provide the datafication of the society, create jobs and wealth for the people and also increase the level of innovation in the country.
Pantami who further added that the Federal government in realisation that broadband is one of the basic foundations of digital economy and a key driver of economy, developed the Nigerian National Broadband Plan (NNBP), which was unveiled and launched by President Buhari on the 19th of March, 2020 to replace the initial Broadband Plan which expired in 2018.
The Minister who further noted that the new broadband plan which seeks to deliver data download speeds across the country at a minimum of 25Mbps in urban areas, and 10Mbps in rural areas, with effective coverage available to at least 90% of the population and penetration rate of 70% by 2025 at a price not more than N390 per 1GB of data, will also target the deployment of nationwide fibre coverage to reach all State Capitals.
Pantami who also disclosed that the Nigerian National Broadband Plan which is anchored on Infrastructure; Policy; Demand Drivers; Funding and Incentives, would create opportunities for job creation and give the country a push into economic prosperity.
The Minister who also said that the issue of high cost and non-harmonization of Right of Way (RoW) fees is a major problem, added that reducing the RoW charges can significantly boost economic activities in the States, far more than the boost that can be received from payments for high RoW charges.
In his remarks, Mr. Wale Ajisebutu, chief executive officer, 21st Century Technologies, who said that the bold step being taken by the state government would form a critical part of the Nigerian history for many years to come, added that the project would help reduce overpopulation in the rural areas by creating digital jobs in rural areas.
Ajisebutu while adding that the project would help the state to generate more taxes for the state, said that the project would contribute 100 billion to the GDP of the state in the next five years.
In his remarks, Dayo Abiodun, special adviser to the Governor on Information Communication Technology, who noted that the project which will be the first of its kind in the country, will bring numerous advantages such as improving government service delivery using electronic channels and encouraging a knowledge based society to the state.
E-Business
CBN Affirms Alpha Morgan Bank’s Capitalisation

The Central Bank of Nigeria (CBN) has affirmed the capitalisation of Alpha Morgan Bank, marking an important milestone in the bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution.

This affirmation reflects the bank’s adherence to regulatory requirements and its strategic focus on strengthening its capital base to support sustainable growth, innovation and improved service delivery to customers.
With this milestone, Alpha Morgan Bank is well positioned to continue expanding its footprint with its 14 approved branches across different states, while deepening inclusivity and enhancing the range of banking solutions available to individuals, businesses, and institutional clients nationwide.
Commenting on the development, the Managing Director of Alpha Morgan Bank, Mr. Ade Buraimo, expressed the readiness of the bank in ensuring compliance with regulatory requirement, good governance framework while delivering satisfying banking along the long-term vision of the bank to become the best bank to work and strong financial institution to reckon with.
He said: “Capitalisation is more than a regulatory requirement; it is an opportunity to strengthen the institution for the future. The affirmation of Alpha Morgan Bank capitalisation reflects the work we have done to build a solid capital foundation that allows us to support businesses more effectively, expand financial access and continue delivering the level of service our customers expect.’’
According to him, Alpha Morgan Bank remains committed to maintaining strong corporate governance standards, sound risk management practices, and prudent financial management as it continues to support economic development and create long-term value for stakeholders.
“As Alpha Morgan Bank enters the next phase of its journey, the institution will continue to scale its operation, invest in technology, expand its branch network and digital banking presence, whilst delivering reliable and satisfying banking experiences to its growing customer base,” Buraimo added.
E-Business
Police Says Victims Enable Cyber Attacks Out of Ignorance

Mr Uche Ifeanyi, commissioner of Police in charge of the Nigeria Police Force National Cyber Crime Centre (NPF-NCCC), said on Friday that most cyber attacks occur because victims act out of ignorance.

He spoke in Abuja at the opening of an online cybercrime awareness campaign themed “Odogwu No Dey Hide Him Face,” organised to educate and empower communities about online safety and cyber hygiene.
“Studies reveal that the majority of cyber attacks are initiated or enabled by victims due to lack of knowledge.
“Personal information is invaluable and must be protected at all times.
“Just as we maintain physical health, we must also maintain a healthy digital lifestyle,” he added, stressing that simple cyber hygiene practices could greatly reduce the risk of becoming a victim.
He urged the public not to disclose confidential information to unauthorised persons and to use strong, unique passwords, enable multi-factor authentication, and apply security safeguards on digital devices.
“Keep personal information private, avoid suspicious links, and regularly update software or system patches,” he said, adding that antivirus programmes and firewalls were essential for online safety.
Ifeanyi warned against falling for “free gifts” online.
“If it sounds too good to be true, it most likely is fraud,” he said, advising caution with urgent or suspicious messages.
He also urged internet users to verify information before sharing to avoid spreading fake news, emphasising that cybercriminals could exploit everyone regardless of age, occupation, or social class.
Vincent Olatunji, director-general, National Data Protection Commission (NDPC), commended NPF-NCCC for its efforts and said the campaign theme was commendable.
He noted the importance of educating people on legitimate wealth and safe internet use.
Olatunji said that the fight against cybercrime required collective effort, warning that the risks were increasing daily as more people connected to the internet across Nigeria.
E-Business
Firm Enhances its Security Awareness Platform with SCORM and PDF Support

Kaspersky has introduced an update to its Automated Security Awareness Platform, adding full support for PDF and SCORM (Sharable Content Object Reference Model) – the industry-standard protocol for deploying and managing e-learning content.

The enhancement enables organisations to build fully customised cybersecurity training programmes that reflect their infrastructure, risk profile, and internal policies, while continuing to benefit from Kaspersky’s expert-driven security content and phishing simulations.
According to the Kaspersky report titled “Redefining the Human Factor in Cybersecurity”, employees responding to phishing attacks was one of the main causes of cyber incidents in companies worldwide, accounting for 21% of cases among other reasons.
At the same time, additional Kaspersky research reveals that social engineering attacks are predicted to increase more than any other type in the nearest future, with 87% of respondents believing that social engineering attacks will become even more effective due to the use of AI tools.
The new Kaspersky Automated Security Awareness Platform (Kaspersky ASAP) update directly addresses several persistent challenges such as reducing the number of human-related incidents, cutting time spent on managing training programmes, decreasing regulatory and compliance risks, and minimising potential legal or reputational damage stemming from cybersecurity breaches.
With the new SCORM support, the platform becomes even more flexible: companies can now upload, track, and manage their own SCORM-based learning materials directly within the system. In addition, companies can accelerate their programmes by using easier-to-create PDF-formats.
This allows organisations to tailor training to their specific technology stacks and emerging threats targeting their industry or region. Businesses that have already invested in third-party SCORM courses or internal learning development can now seamlessly reuse their existing modules, protecting their prior investments while strengthening their cybersecurity posture.
The combination of Kaspersky’s embedded content built on real cases uncovered by the company’s world-class experts with customers’ PDF materials or SCORM modules enables a true best-of-breed approach to human risk management.
Organisations can supplement Kaspersky’s up-to-date cyberattack scenarios with internal policies, unique workflows, and industry-specific lessons, ensuring training resonates with employees and reflects real operational challenges.
“Human behaviour remains one of the most unpredictable elements in cybersecurity and also one of the easiest for attackers to exploit. By adding SCORM support to Kaspersky Automated Security Awareness Platform, we’re giving organisations the flexibility to build training programmes that truly match their internal realities.
“Combined with Kaspersky’s expert-driven content and real-world attack data, this update empowers companies to create more adaptive, relevant, and impactful awareness programmes than ever before,” comments Svetlana Kalashnikova, Security Awareness expert at Kaspersky.
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