E-Business
Global Hardcopy Peripherals Market Declines in 2Q2014

The worldwide hardcopy peripherals (HCP) market declined for the first time in the past three quarters to 25.5 million units shipped in the second quarter of 2014 (2Q14) resulting in a -2.3% year-over-year decrease, according to the International Data Corporation (IDC)
Monochrome to color indicator shows that Color increased its overall market share to 19% compared to a year ago while monochrome printers lost two points of share, dropping to 81% of the overall market in 2Q14.
IDC defines Hardcopy Peripherals as include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC).
Year-over-year growth for color was 10.3% while mono laser was -3.0%.
The strongest color speed segment was the 45-69 ppm (17.5%), where Ricoh did particularly well with the MP C4503 model family.
The move to faster speed segments accelerates in Q2: The 45-69 ppm monochrome laser MFP segment exhibited the strongest year-over-year growth in 2Q14 at 15.7%, followed by 31-44 ppm (7.8%).
The 31-44 ppm segment’s strong growth was fueled by HP’s LaserJet Pro 400 series.
In the color market, the 21-30 ppm MFP segment did well at 12.9% year-over-year growth, followed by 45-69 ppm at 8.3% and 70-90 ppm at 4.5%.
The A3/A4 battle in the mid-speed market segments continues.
A4 MFP devices gained penetration in the 31-69 ppm monochrome segment with 77.2% share of the total monochrome A4/A3 MFP market in the same speed segment.
The 13.6% year-over-year growth of the A4 31-69ppm MFP monochrome laser segment was driven by strong results in the both A4 31-44ppm (10.6% growth) and A4 45-69ppm MFP segment (35.3% growth) with notable contributions from HP (21.4%), Lexmark (16.8%), and Kyocera Document Solutions (13.5%).
Some notable market developments in this quarter include that two of the biggest regions in terms of HCP shipments, Asia/Pacific (excluding Japan)(APeJ) and Western Europe, showed positive year-over-year gains, 0.4% and 5.0%, respectively.
Growth in APeJ was driven by China, which represents nearly half of the region’s shipments. This was also the fifth consecutive quarter of year-over-year growth for the region.
Three of the top 5 vendors (Epson, Samsung, and Brother) enjoyed positive year-over-year growth. Both Epson’s and Brother’s growth were driven largely by gains in APeJ.
Samsung overtook HP as the laser market leader in Western Europe.
Samsung is very strong in the low-end, and tends to market its products on price.
It also has strong operations in Germany and Italy where it performs particularly well.
In addition, distributors and dealers tend to trade HP and Samsung off with each other and sales fluctuate as a result.
“While the overall hardcopy market is mature and we often point to emerging markets as the growth areas, it is important to note that there are still areas of growth and opportunity in more mature markets. Vendors should keep in mind that while pursuing growth in new geographies they need to defend their positions in high-value segments of mature regions, such as color laser multifunction printers (MFP) and the A4 monochrome laser midmarket,” said Phuong Hang, program director, Worldwide Hardcopy Peripheral Trackers.
Key Worldwide Hardcopy Market Trends in 2Q14
Inkjet still makes up the majority of the market (59.7%), but the best market growth is in laser. Color laser grew 10.3% to close to 2 million units in 2Q14.
Single function to Multifunction: The single function printer market declined by -7.7% year over year in the second quarter of 2014, while MFP shipments experienced flat growth.
However, MFPs enjoyed strong growth in all color laser speed ranges, especially in 1-10 page per minute (ppm) (31.5%).
E-Business
Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

Nigerian government, through the Office of the National Security Adviser (ONSA) and the National Information Technology Development Agency (NITDA), has announced a strategic collaboration to strengthen cybersecurity and clean up the nation’s cyberspace.
Recognizing that cybercrime knows no borders, Nigeria also reaffirmed its commitment to fostering stronger global partnerships within the cybersecurity ecosystem.
This announcement was made during a press conference before the inaugural National Cybersecurity Conference, which is scheduled to take place in Abuja from July 9th to 11th, 2025.
Sa’ad Abubakar, national cybersecurity coordinator from the Office of National Security Advisor, said fighting cybercrime must take the whole of society and the whole of the government approach.
According to him, “Apart from the deterrent approach whereby government agencies such as Economic and Financial Crimes Commission (EFCC) arrest individuals, take them to court and prosecute them, the youth can be nurtured into better citizens who can showcase their capacity in better ways and be useful to the country.”
Similarly, Kashifu Abdullahi, director-general, NITDA, also stressed the need for collaborative efforts in fighting cybercrimes.
According to him “Then, in addition to that, we also want to build a stronger global collaboration with the global cyber security ecosystem, because when you look at cybercrime in general, it doesn’t respect the borders.
“Someone can commit a crime from Ghana using a Nigerian ID in the US. So you can look at him physically in a different jurisdiction, pretending to be in another jurisdiction, committing the crime in another jurisdiction.
“So without that kind of synergy and working together, it will be difficult to address these challenges. The third one is challenge. The third one is getting an alternative to cybercrime for our kids in Nigeria. We have this as a major challenge.”
Inuwa further highlighted the upcoming conference’s importance, noting that it would tackle key issues through workshops, discussions on emerging threats, cross-border cybersecurity collaboration strategies, and training programmes.
He also announced that the National Cybersecurity Conference 2025 would feature the Cybersecurity Excellence Awards, recognising top contributions in the field.
The DG extended an invitation to global partners to collaborate with Nigeria in building a safer digital future.
The press conference was attended by notable figures, including Ahmad Sa’ad Abubakar, National Coordinator of, the National Cybersecurity Coordination Centre (NCCC); Hanniel Jafar, Representative of the President, of Cyber Security Experts Association of Nigeria (CSEAN); Ankit Shukla, Managing Director, QNA Marketing Management LLC and members of the press and other stakeholders.
E-Business
AXIAN Telecom Invests in Jumia Post-MTN Era

XIAN Telecom has acquired an 8% stake in pan-African e-commerce company Jumia Technologies, citing the platform’s fintech and logistics strengths as key drivers of its backing.
This marks the first major telecom investment in Jumia since MTN Group’s exit in 2020.
AXIAN, a fast-growing telecom and digital services provider with operations across Africa, disclosed the purchase in a Schedule 13D filing with the U.S. Securities and Exchange Commission.
While the financial terms were not disclosed, AXIAN Telecom CEO, Hassan Jaber, described the move as a strategic alignment with Jumia’s growth trajectory and digital ecosystem.
“Jumia’s achievements in digital retail and fintech, particularly through JumiaPay and its logistics network, make it a very attractive investment for us. We believe in Jumia’s potential to promote financial and economic inclusion, which aligns with our core values,” said Jaber.
Once dubbed the “Amazon of Africa,” Jumia became the first African-founded tech company to list on the New York Stock Exchange in 2019.
But years of underperformance, leadership changes, and competitive pressures dented investor confidence.
In October 2020, South Africa’s MTN Group offloaded its 18.9% stake for $138 million, well below the $698 million value it once held post-IPO.
Since then, Jumia has undergone a significant transformation. Under CEO Francis Dufay, appointed in 2022, the company exited low-performing markets like South Africa and Tunisia, cut costs, and doubled down on core markets – Nigeria, Kenya, Egypt, and Morocco.
The firm is now focused on high-growth verticals, including everyday essentials and digital financial services.
Jumia’s regional CEO for East Africa, Vinod Goel, recently revealed plans to scale up international brand offerings and open its logistics network to third-party businesses.
Jaber underscored that AXIAN Telecom’s investment signals renewed confidence in Jumia’s long-term potential.
The telecom firm’s CEO said the company views Jumia as a key player in advancing Africa’s digital economy, aligning with AXIAN’s mission through its fintech and digital infrastructure brands such as Yas and Mixx by Yas.
E-Business
NIMC Plans to Register 95 Percent Nigerians by December

Abisoye Coker-Odusote, director general, National Identity management commission (NIMC) has said that the commission is set to register 95 percent of Nigerians into the National Identity Database before December 2025.

Abisoye Coker-Odusote,, DG, NIMC
She made this statement at a press briefing to highlight the commissions goal aligns with President Bola Tinubu’s Renewed Hope Agenda, particularly on digital governance and inclusive development.
The mass enrollment drive will be powered by a combination of improved infrastructure, expanded registration centres, and robust public sensitization campaigns.
As of May 2025, NIMC reports over 120 million Nigerians have been enrolled, and about 100 million more would be captured by December.
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