General News
Flaming the Next Global War

Nigeria moved from 66th in 2011 to 59th in the Symantec global internet security threat report volume 17, indicating that the country is becoming more prone to cyber attacks.
Also, last week Dr. Hamadoun Toure, Secretary General of the UN International Telecommunications Union (ITU), urged nations to seek “peaceful resolution” in cyberspace to prevent a possible threat of global cyber war.
The ITU is the United Nations organ charged with the responsibility to co-ordinate sharing of communication infrastructure across the world. The union has since May been following a new global trend of cyber warfare engaged by unspecified nations against perceived enemy’s strategic economic targets.
Even as the ITU head was warning nations, the report came that over 150 million users of the social networking site, LinkedIn have had their passwords compromised.
Dr. Toure’s statement last week follows a new internet worm called ‘Flame’ said to be capable of taking out entire strategic national facilities in enemy territory. He noted that the Flame was too powerful to be created by an individual hacker.
“All indications are that Flame has been created by a nation state, that’s clear. The ITU is not mandated to make a judgement on who is responsible. Our role is to work with partners to promote better co-operation,” said Toure.
The ITU chief was emphatic stating that: “There is a risk of cyber war – but it’s not necessary. That’s what we’re trying to do – prevent. We’re saying the best way to win a war is to avoid it in the first place.
“As the UN, of course we are interested in making sure there is a peaceful resolution, and a peaceful approach to this.
“Our role is first to co-ordinate international efforts – not only sharing knowledge, but also training people, especially from developing countries because we want to avoid one country being a weak link in the whole process.”
Talking about countries “being a week link” in the emerging global cyber war, Nigeria does appear to be one and we don’t even know it.
Sheldon Hand, Symantec Territory Manager for West, East, Central Africa and Indian Ocean Islands (IWECA) region said nations become more prone to worm attacks as their economies grow healthy balance sheets.
Nigeria is among top three Africa economies and is projected to overtake South Africa as the continent’s leading economy in another three years. “As nations become more wealthier; as their economic prospects get brighter, hackers look into these countries to see what they could gain out of them,” said Hand.
Nigeria’s main economic stay is in the oil and gas sector with huge installations spread across the nation. These industrial installations could become vulnerable to cyber attack should anyone get angry with her rising global economic profile.
The origin of the Flame is not yet determine although a lot of speculations point to the United States’ targeting Iran’s nuclear installations like in previous attacks.
In 2010 a computer worm called Stuxnet was discovered. It was initially spread through MS Windows, and its target was installations of the German telecom giant, Siemens.
Stuxnet also infected programmable logic controller (PLC) and was thought to have originated from Israel, with Iran’s nuclear facilities as principal target.
Following on the heels of Stuxnet was Duqu, which was identified last September by experts at the Budapest University of Technology and Economics. Their analysis of Duqu indicates it shared similar characteristics with Stuxnet, with a slightly different operational mode.
“The main component used in Duqu is designed to capture information such as keystrokes and system information.”
Dr. Toure noted that the agency was making efforts to ensure that nations engage in peaceful cyber interactions and not war.
“We’re trying to see that there’s a global effort to keep cyberspace free of politics, ideology and especially free of criminals,” said Toure.
Hand also noted that small and medium businesses (SMBs) struggle to cope with cyber attack. “50 per cent of SMBs don’t have a disaster recovery plan. 81 per cent of SMBs consider their companies’ data as most valuable asset. 71 per cent of small businesses that suffer cyber-attack never recover. It’s fatal.”
The global spam attacks also show there are four main malware trends: malware attacks are 81 per cent on the rise, targeted attacks are on the increase, mobile threats provide more vulnerability to a larger population and data breaches are on the rise.
What should Nigeria do in the face of a growing global trend? To engage in cyber-warfare? Transform into a more knowledge base economy and get prepared for the war? The best defence to any attack is your ability to attack your opponent at its most critical point.
Nigeria should not seat back and claim we don’t have high volume industrial facilities that would combat enemy cyber-attack. A worm targeted at the nations’ petroleum installations which include petro-chemical facilities, refineries, fertilizer plants and liquefied natural gas fields would be disastrous.
General News
NiDCOM Launches Diaspora Startup Challenge to Boost Nigerian Talent

The Nigerians in Diaspora Commission (NiDCOM) has sought to harness the innovation and expertise of Nigerians across the globe with the launch of the Connected Diaspora x DOWA Start-Up Challenge and the Connected Diaspora Flagship Event 2025.

Speaking at a news conference in Lagos, Abike Dabiri-Erewa, Chairman/CEO of NiDCOM, described the initiatives as timely and transformative, noting that they are strategically designed to tap into the creativity, enterprise and professional strength of Nigerians in the diaspora.
She said the Start-Up Challenge, themed “Building, Breaking and Believing in Nigeria,” aims to energise innovators abroad by promoting knowledge transfer, enterprise development and strategic investment to support Nigeria’s rapidly expanding economy.
According to a statement by NiDCOM, the challenge, which offers cash prizes of up to ₦1 million, is targeted at spotlighting exceptional ideas and supporting impactful ventures created by Nigerians living overseas.
According to Dabiri-Erewa, the initiative aligns with the Federal Government’s overarching goal of engaging the diaspora community as key partners in national progress.
She further announced that the Connected Diaspora Flagship Event will take place on December 19, 2025, in Lagos, and will bring together entrepreneurs, policymakers, investors, technology leaders and strategic partners for critical discussions on Nigeria’s future.
Kadiri Hamzat, Deputy Governor of Lagos State, will serve as the Special Guest of Honour and is expected to speak on the importance of collaboration between government and the diaspora in accelerating development.
NiDCOM also revealed that notable contributors from the global diaspora community and Nigeria’s entrepreneurship ecosystem will enrich the sessions and help shape new pathways for meaningful engagement.
Dabiri-Erewa said their support remains invaluable in driving the success of the initiative. She emphasized that their continued collaboration helps unlock the potential of Nigeria’s global talent pool and fosters sustainable economic growth.
The Commission called on stakeholders across both the public and private sectors to support the initiative, stressing that the opportunities for innovation, collaboration and nation-building are immense.
NiDCOM urged young Nigerians and diaspora returnees to participate actively in the Start-Up Challenge, reminding them that entries close on December 12, 2025.
The December event will also feature a Diaspora Talent Career and Internship Fair, aimed at connecting diaspora returnees with internship opportunities offered by DOWA partner organisations.
NiDCOM said the fair will further strengthen talent exchange and deepen the country’s development capacity.
The programme timeline includes the opening of applications for the Start-Up Challenge from November 18 to December 12, followed by public voting on Instagram from December 13 to 17.
The winner will be announced on December 18, ahead of the final presentation at the JK Randle Centre in Lagos on December 19.
NiDCOM encouraged interested participants to follow the provided registration details and take advantage of the platform created to connect, innovate and contribute to national advancement.
General News
PromoPrint Rekindles Nigerian Resilience @ 25th Anniversary

Indigenous printing company, PromoPrint Ventures Ltd, celebrated 25 years of operations in the country on Tuesday 2nd December, at an event held at the Lagos Motor Boat Club in Lagos.

The evening saw business executives, clients and stakeholders in the printing space gathered to attest to the dexterity and Nigerian resilience demonstrated by Mrs. Patricia Ojora, the Founder and Chief Executive of the company in sustaining the growth of PromoPrint over the last 25 years.
Amongst many things on display that evening were PromoPrints very first t-shirt printed in the year 2000. Guests also cheerfully adorned custom-made patterns done by Promoprint on our indigenous cotton fabric (Funtau).
In her opening remarks, Mrs. Patricia Ojora recalled the past 25 years of operation in Nigeria at the helm of PromoPrint. While not easy, she says:
“We’ve been able to do it and we enjoy it. There’s nothing better than creation. To create something from nothing and do it so well, it’s a passion for me. It’s something that I really, value. I’m a great supporter of Nigeria, so I believe that we should be able to do things well in Nigeria. We don’t need to always import, that’s why we’re doing this today, to be able to collaborate with people. Most of the people here are people we’ve collaborated with and have worked hard to build Nigeria back up”.
She recounts how she was able to change the narrative of many Nigerians that were printing outside of the country who are now printing with PromoPrint Ventures. “People used to print outside the country because they didn’t trust the quality that was here in Nigeria,” Patricia explains with an understanding that “we can produce good quality here within Nigeria.”
The company is a one-stop shop for all things printing with all operations happening in-house, from the expertise of crafting graphics and garment production to the t-shirts, roller banners, corporate gifts and more being rolled out on a daily basis. “What we are selling is peace of mind in a chaotic place.” Patricia says, with nearly three decades of successful operations and collaboration under her belt.
Significantly, she makes sure the company remains primed for the future, using AI and the like to remain progressive in strategy and implementation. Patricia proudly states, “Our automated printing carousel can churn out 10,000 tees a day if needed and our many corporate clients can attest to this.”
In attendance was Atedo Peterside (CON), Founder, Stanbic IBTC Bank Plc, one of many guests in the room who spoke to PromoPrints impact. “There’s something about longevity,” he shares with the crowd, “If you’ve kept the business going for 10 years, I always tell people, it means you’re doing something right. If you get it going for 20 years, you’re doing something very correct. Patricia must be doing something phenomenally right and it’s my sincere hope that she keeps it going, keep building, keep innovating.”
“Patricia can create almost everything,” Peterside remarks, “she has the courage, audacity and the commitment.”
Mrs. Ibukun Awosika, Nigerian businesswoman and the first female Chairperson of First Bank of Nigeria, contextualises the tenacity of Patricia’s efforts rather well. She reminds the room that “when you think of how many big multinationals who have so much that protects them, who have a lot of support systems internationally and locally, who gave up on Nigerian manufacturing, then you have to go back and think about those of us like Patricia.”
Even after 25 years, Nigeria remains in need of more Entrepreneurs, particularly those like Patricia, to boost the SME and manufacturing industry in the country despite the odds. “She didn’t give up,” Awosika says in admiration.
“What is key is that, when we celebrate the likes of Patricia and her company, we know without a doubt that it’s not just because they want to have a celebration. It’s because, in truth, the Nigerian entrepreneur is a star, and even more so, the Nigerian manufacturer.” Awosika concludes.
So, we celebrate Mrs. Ojora and her PPV entire team, and all that has gone into 25 years of hard work, commitment, creativity, we also recognise the passion that does not allow you to give up on the vision, the commitment to not only creating jobs for other Nigerians but creating value within Nigeria. The commitment to innovating a solution for every challenge and every situation. Indeed, it was a worthy celebration.
General News
Optimus AI LABS CEO Showcases AI Breakthroughs in Nigeria’s Financial Sector

Mr. Lanre Basamta, Chief Executive Officer and Co-Founder of Optimus AI LABS, has unveiled a suite of artificial intelligence innovations poised to transform Nigeria’s financial services industry, aligning with recent Central Bank of Nigeria (CBN) directives on consumer protection and fraud prevention.

Mr. Lanre Basamta, Chief Executive Officer and Co-Founder of Optimus AI LABS
Basamta, speaking at a media parley in Lagos, said the company’s flagship product, Omnis, is redefining customer engagement in banking by serving as a virtual assistant embedded within mobile applications.
According to him, the platform is capable of analyzing customer behavior to recommend tailored financial products, effectively functioning as a “digital salesperson” that boosts bank revenues while enhancing customer experience.
He noted that Optimus AI LABS, which began as a modest startup targeting small businesses such as schools, has now identified greater opportunities in serving banks, fintechs, and microfinance institutions.
“The financial sector presents the biggest opportunity for AI to deliver value at scale,” Basamta said.
In response to rising fraud concerns and new CBN regulations mandating resolution of fraud cases within 14 days, Basamta highlighted the company’s AI-powered support platform designed to address customer frustrations over delayed assistance.
The system, he explained, interacts naturally with users, resolves issues promptly, and escalates unresolved cases, thereby strengthening compliance and improving customer satisfaction.
Basamta also recounted the firm’s global expansion, citing its work with Canadian clients, including the development of a dental learning environment for a major dental group.
He said this international footprint demonstrates Nigeria’s capacity to compete globally through homegrown innovation.
Reflecting on the company’s relocation into office space formerly occupied by KUDA, a fast-rising Nigerian fintech, Basamta expressed optimism that Optimus AI LABS is on a similar trajectory toward scaling into a major industry player.
He emphasized that the company’s growth would contribute not only to technological advancement but also to national development.
Basamta concluded by appreciating partners and stakeholders, stressing that “big things can emerge from small beginnings when powered by AI’s transformative capabilities.”
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