E-Business
ICT Sector this Year from Leo-Stan’s Observatory
2013 is just two years from 2015, the year set aside for the attainment of the Millennium Development Goals, and seven years from 20 2020, Nigeria’s self set date to join the top 20 economies of the world.
Between 18 and 24 months from now the world would start listing the degrees by which nations attained the MDGs.
Nigeria is not likely to be upset if her name does not come up for mention in 2015 because we have set a superior goal for 20 2020. Coincidentally but unfortunately the sense of urgency has just been deleted from the pursuit of 20 2020 by the declaration from the USA that Nigeria would be a world leading economy in 2030.
The shifting of dates for national development is about to become a national past time. However, that research, from the USA, is suspect because it is coming from the very shores that have predicted the disintegration of Nigeria by 2015.
Meanwhile, it is generally accepted that ICT will drive the transformation of Africa, with Nigeria in the forefront, from an agricultural to knowledge society.
Rather than wait for 2030 we can invest in ICT not as a panic measure as we did in 2006 and 2011 salvaging the voters’ registration exercise by importing, assembling, and deploying over 120,000 laptops and data capture machines in a few weeks.
In the process we overwhelmed the volunteer work force that INEC had engaged for the exercise. Come to think of it we tend to have a special liking for panic measures as was recently played out in the now controversial attempt to buy 10 million GSM phones valued at N60billion for rural farmers in Nigeria.
Whether our development as a nation is pegged to any timeline or not, the sober thing for us to do today would be to adopt a long term ICT strategy to ensure that we are ready to leap when opportunity calls.
There are key objectives that ICT professionals must pursue in 2013 as our contribution towards creating a character for the ICT industry while refocusing this nation.
As an IT entrepreneur, let me begin with the objective of education, which I believe is the most daunting challenge facing the development of the ICT sector in Nigeria.
We have not focused enough on education as a people who see ICT as a golden opportunity – computer appreciation for the general public and for first time users, reviewing the content of the ICT curriculum in schools, massive campaign to teach computer literacy to teachers (at all levels) and civil servants, retraining existing professionals to capture recent trends and innovate for the fatherland and setting up incubation centers.
It would be right to assert that the computer finally arrived in Nigeria in 2001 with the emphatic launch of Zinox Computers.
The wonder-exclamations that the launch achieved from the highest levels of Government to the citizens in the street convinced me at the time that we were right to initiate the Computerize Nigeria Initiative, a company that was dedicated to the creating of awareness for the adoption of the computer as a major tool for work and play. T
he scope of work to be done in education further dawned on me when I met distinguished Professors who familiarized themselves with the computer keyboard for the first time ever at a Zinox hands-on workshop.
All ICT companies take training so seriously that it should be an integral part of their marketing strategy. Last week I had to cut short a business trip abroad to take part in training for 20 teachers from the North East.
The emphasis is on training the trainer but often we have to train the work force of our Clients’ on how to operate and maintain new equipment. The more people that become knowledgeable about the computer, the more prospects we are likely to have for computer ownership and the fewer ignorance related calls we get for support.
The CNP spent huge sums placing advertisements in the newspapers targeted at governments on the need to computerize their citizenry and operations. However, there is a limit to what one company can do in a country of 160 million people.
In 2013 I would like to see an orchestrated approach that would speed up the building of local capacities working through the schools, professional bodies and the mass media possibly within the framework of the Public Private Partnership.
Closely related to the quality of formal education is the issue of Young Innovators. My regular sponsorship of the National Association of Computer Science Students, NACOSS, provides insight to the immense potentials of these young persons.
Quite recently I had to provide support for a group that is working to make the CBN’s cashless policy the mode in all campuses.
In 2013, I want to see more corporate persons sponsor youth competitions, workshops and fairs. Each State Government should at least sponsor one NACOSS event in 2013.
As in previous years the answers to what constitutes local content and how to enforce its imperatives would determine the rate of PC penetration in 2013. Foreign competition, academics and politicians have belabored the concept of local content and deliberately blurred the strands of national interest in the concept.
I am a Nigerian entrepreneur and the new global economy can only be relevant to me to the extent that it helps to grow the financial, technical, and manpower needs of Nigeria. Local content is a concept used to define the extent to which a product or service is locally produced.
It also refers to the ratio of locally produced products and services that are deployed in the day to day running of an organization.
For example, the Zinox brand of computers was developed by Nigerians, designed by us, fabricated with partners in China and assembled here in Nigeria.
The imprint on the product is Made in Nigeria and proponents of local content are saying that the best way to support local industry is through patronage.
They also agree that the only way to tackle the scandalous preference for foreign products is to sanction all those who flout the Presidential directive that MDA’s must buy Made in Nigeria PCs. All those who talk of efficiency, competitiveness, and the new global economy in abstract terms miss the point.
The same academics would point to China, India and Brazil as examples of emerging economies that have got it right but they fail to mention that these countries all had protectionist policies that worked.
China and India together are home to over 2.5 billion people and the need to create employment, wealth and a stable society gave rise to policies that restricted what products can come into their country.
I can tell you that Coca Cola, in spite of its popularity and clout, was not being sold in India when I was a student in the early eighties. Every country with its national interest and security well defined strives to be an exporter and not an importer of goods and services.
The industry is pleased with the pedigree of the Minister of Communications and Technology, Mrs. Omobola Johnson, as a professional who was appointed on the basis of her being an active participant in the ICT sector.
She certainly knows where the shoe pinches. We trust that in 2013 she would concretize her initiatives to improve local content development in the ICT sector.
In particular, we want to see her join issues in the public domain, in the absence of sanctions, with MDA’s who flout the Presidential directive to buy Made in Nigeria PCs; set up a machinery to police the multinationals to ensure that they outsource their business processes to Nigerian ICT companies, national interest would best be served if installation contracts, maintenance, upgrades and procurement are handled by Nigerian companies against the tendency to outsource to Asian companies; the students’ PC ownership scheme requires fine-tuning because no students’ loans scheme has worked in this country, only a stimulus of this nature can guarantee that the IT sector records growth in 2013; force banks and oil and gas companies to compulsorily run Nigerian software as alternative packages in their businesses; ban the importation of all consumer PCs into the country; liaise with her counterparts in the West African sub region with a view to form an alliance that allows a free flow of goods, services, know-how and capital.
I see a very busy but tough 2013 for Madam Minister, an uncharitable course for the delectable lady from Accenture.
There was another lady, within the current democratic experience, who was appointed into the pharmaceutical sector at a time when Nigerians were dying in droves because of fake drugs.
A gun was aimed at her head but rather than run she chose to dig into the trenches and by the time she left office, Nigerian pharmaceuticals were being proudly exported to countries in the West and East Africa sub region.
The issue of quality must be addressed in 2013 by Nigerian ICT practitioners. When I launched Zinox in 2001, Microsoft in endorsing the product said that Zinox had ‘surpassed international quality standards’.
I can tell you that most Nigerian OEMs produce very high quality and world-class IT products because competition is keen and the home environment is skeptical.
Their devices are often fabricated in the same Asian workshops that fabricate for the ignorantly preferred foreign brands. The problem is that the sector is hampered by the lack of human, technical, and financial capital to respond satisfactorily to the realities of supply and demand. Moreover, the trendy pace (sometimes faddish) of international competitors is always pressurizing the logistics and inventory capacities of the local OEMs.
Threatened by regular losses each time the market migrates from one hyped variant to another, the local OEMs are forced to order in small numbers at a time.
The result is the high cost of operations and inevitably higher costs for local brands in a market where there are hardly differentiating attributes between brands.
The local OEMs must pull their resources together, submerge the ego of maverick brands, share know-how, and produce under one or two truly digital plants if they are to survive the challenges facing them and lead this nation to her manifest destiny.
Nigerian OEMs must learn from their brothers in hip hop music – these are the days of the collaboration and it is common to see musicians who are in a feud today, collaborating tomorrow.
Let me conclude this piece by expressing my satisfaction with the 2012 NITMA Awards because it threw up for our review some of the problems facing the Awards and Recognitions mechanisms within the industry.
I congratulate Juliet Ehimuan Chiazor of Google Nigeria for winning the IT Personality of the Year. Her professionalism must have made a difference for the highly critical membership of the Nigeria Computer Society, NCS, to choose her.
The leadership of the NCS also receives my appreciation for permitting Dr. Eugene Juwah, Juliet Ehimuan Chiazor and the CBN Governor Sanusi Lamido Sanusi to be among the personalities shortlisted for the Award.
However, it is important to note that one of the functions of an Award is to use the yearly tracking of performances to tell the story of an Industry.
For example, how did all the nominees for the IT Personality of the Year 2011 crash out of contention in 12 months?
Did they give up on the work that recommended them in 2011? I agree that an Award does not follow a succession plan but the chances are that those who were in contention with Juliet Chiazor in 2012 would also be in contention in 2013 unless some rare work opportunity throws up a new personality.
This observation is not meant to cast aspersions on NITMA 2012 but to strengthen its mechanisms as it evolves to be the most authoritative ICT Awards in Africa.
In 2013, I would love to see the ICT Publishers Alliance develop a memorandum of understanding that would bring all media initiated Awards in the ICT sector under one powerful, credible, and viable platform.
This is one instance when the phrase ‘the more the merrier’ means bad business. 2013 calls for closing of ranks among all stake holders in the ICT sector if we are to achieve the globally competitive ICT industry of our dreams.
Leo Stan Ekeh, is Chairman, Zinox Group.
E-Business
Nigeria Hit by 24.1m Data Breaches – Surfshark

Surfshark, a Netherlands-based cybersecurity firm, has reported that Nigeria recorded about 24.1 million compromised user accounts since 2004, making it the third most affected country in Sub-Saharan Africa.

The report, which analysed global data breach trends for the first quarter of 2026, showed that Nigeria recorded 281,500 leaked accounts between January and March 2026, ranking the country as the 34th most breached nation globally during the period.
Globally, the report revealed that 210.3 million accounts were breached in the first quarter of 2026, representing a sharp increase compared to previous periods.
The United States accounted for 29 per cent of all reported breaches worldwide, followed by France, India, Brazil and the United Kingdom.
According to the report, cyber threats targeting Nigerian users have continued to intensify over the years, exposing millions of individuals to risks such as identity theft, account hijacking, extortion and financial fraud.
Surfshark disclosed that about 7.5 million unique email addresses linked to Nigerian users have been exposed since 2004, while approximately 13 million passwords were leaked alongside compromised accounts.
The report noted that more than half of breached Nigerian users remain vulnerable to cyber-related crimes.
“Statistically, 10 out of 100 Nigerian people have been affected by data breaches,” the report stated.
Further analysis showed that leaked data linked to Nigerian users included highly sensitive information such as Social Security-related records, payment card details, residential addresses, and personal contact information.
According to the report, about 3,900 Social Security-related records and 1,600 payment card details were exposed, alongside 1.9 million phone numbers and more than 925,000 residential addresses.
The cybersecurity firm warned that the growing scale of data exposure reflects increasing vulnerabilities in the global digital ecosystem as businesses accelerate the adoption of artificial intelligence technologies.
Commenting on the trend, Tomas Stamulis, chief security officer, Surfshark, said the rapid integration of AI systems by companies has significantly expanded the volume of user data being collected and stored.
According to him, businesses are increasingly relying on AI-driven tools for automation, analytics and operational efficiency, leading to the accumulation of larger datasets that could become attractive targets for cybercriminals.
The report cited industry statistics indicating that 20.2 per cent of companies used AI technologies in 2025, up from 8.7 per cent in 2023.
“These AI-driven systems collect and log more detailed user information for automation, analytics, and model improvement,” Stamulis said.
He added that while artificial intelligence improves productivity and operational efficiency, it also increases the number of systems organisations must secure, thereby creating additional opportunities for cyberattacks and data leaks.
Stamulis further warned that compromised personal information often retains value for cybercriminals long after passwords or email credentials have been changed.
According to him, hackers frequently combine old and newly leaked information into so-called “combo lists,” which are repeatedly traded or deployed for fraudulent activities and identity theft schemes.
He advised internet users to minimise the amount of sensitive personal information shared online, use alternative email identities or masking services where possible, and provide confidential information only when necessary.
The report also showed that global breached accounts in the first quarter of 2026 tripled compared to the corresponding period of 2025 and rose by 22 per cent relative to the fourth quarter of 2025, underscoring the growing sophistication and frequency of cyberattacks worldwide.
E-Business
NITDA Warns of AI-Powered DeepLoad Malware Targeting Banks, Govt Agencies

National Information Technology Development Agency (NITDA), has raised alarm over a new artificial intelligence-powered malware known as “DeepLoad,” warning that the cyber threat is actively targeting Nigerian government agencies, financial institutions, businesses and individuals.

The agency disclosed this in a critical advisory issued through its Computer Emergency Readiness and Response Team (CERRT.NG) and shared via its official X account.
The warning comes amid a growing wave of cyber-attacks targeting Nigerian organisations, including private institutions such as banks and government agencies like the Corporate Affairs Commission (CAC).
According to NITDA, DeepLoad is an AI-enhanced malware strain designed to infiltrate systems, steal sensitive information and evade conventional antivirus detection systems.
“The malware is distributed through a social engineering technique involving fake website error,” the advisory stated.
NITDA explained that the malware spreads through deceptive website prompts that trick users into executing malicious commands on their computers.
“Once executed, DeepLoad silently installs itself, harvests stored credentials and sensitive data from major browsers, and leverages artificial intelligence to evade antivirus detection,” the agency said.
The agency further warned that one of the most dangerous features of the malware is its ability to remain active even after attempted removal.
“Critically, the malware incorporates a hidden WMI-based persistence mechanism capable of reactivating the infection up to three days after apparent removal,” it stated.
NITDA stressed that the severity of the threat requires immediate action from both organisations and individuals across the country.
“Given its severity and confirmed active targeting of Nigerian entities, all organizations and individuals must implement the protective measures outlined in this advisory immediately,” the agency added.
The agency warned that individuals, government institutions, businesses, large organisations and small enterprises are all vulnerable to the rapidly evolving cyber threat posed by DeepLoad.
According to NITDA, a successful DeepLoad infection could grant cybercriminals unauthorised access to bank accounts, mobile money services and payment cards, while also enabling the theft of passwords, documents and sensitive personal information stored on web browsers.
The agency warned that the stolen information could be exploited for identity fraud, allowing criminals to impersonate victims for financial gain.
For organisations, NITDA said infections could trigger operational disruptions requiring complete system isolation and remediation procedures. It added that attacks on government systems could compromise classified networks and pose broader national security risks.
To prevent infections, NITDA advised Nigerians never to paste commands from websites into their computers, noting that legitimate software providers do not request such actions.
The agency also cautioned users against opening suspicious files such as “Chrome Setup” or “Firefox Installer” from USB drives and advised that all external storage devices be scanned with antivirus software before use.
NITDA further recommended enabling two-factor authentication on important accounts and avoiding the storage of banking passwords directly on web browsers.
For organisations, the agency urged companies to immediately sensitise staff about the DeepLoad threat, enable PowerShell Script Block Logging across Windows systems and review browser extensions for unauthorised installations.
The advisory also recommended blocking malicious domains, including holiday-updateservice[.]com, forest-entity[.]cc and hell1-kitty[.]cc, at firewall and DNS levels.
Additionally, organisations were advised to check for hidden WMI Event Subscriptions that could allow the malware to survive standard cleanup procedures.
NITDA said institutions that suspect infections should immediately disconnect affected systems from the internet, change all passwords from clean devices, isolate compromised systems, activate incident response teams and report incidents to the agency within 72 hours as required by law.
The latest warning has added to growing concerns over cyber attacks targeting Nigeria’s financial and digital infrastructure in recent months.
In April, the Nigeria Data Protection Commission (NDPC) warned about coordinated cyber threats targeting Nigeria’s financial systems and critical digital infrastructure, urging organisations to strengthen their data protection architecture.
The warning also followed the commission’s announcement of an investigation into an alleged data breach involving Remita Payment Services, Sterling Bank and other entities.
Similarly, the Corporate Affairs Commission (CAC) temporarily shut down its website between April 17 and April 20, 2026, following reports that about 25 million documents may have been exfiltrated during a suspected cyber attack.
E-Business
NASSCO Says 12.3m Nigerians Linked to Social Register through NIN

National Social Safety Nets Coordinating Office (NASSCO,) has disclosed that more than 12.3 million Nigerians have so far been linked to the National Social Register through their National Identification Numbers (NINs) as part of efforts to strengthen transparency and credibility in the delivery of social interventions.

Dr. Funmi Olotu, national coordinator of NASSCO, disclosed this on Thursday in Abuja during a high-level stakeholder engagement with local government chairmen themed, “Strengthening Local Government Leadership for Inclusive Development and Social Protection Delivery.”
Olotu said the integration of the National Identification Number into the National Social Register was aimed at improving data integrity, eliminating duplication and ensuring that government interventions reached the right beneficiaries.
According to her, the Federal Government was intensifying efforts to build a more credible and accountable social protection system in line with President Bola Tinubu’s Renewed Hope Agenda.
She said, “To strengthen this foundation, we are integrating the National Identification Number into the Register. This reform enhances data integrity, eliminates duplication, and ensures that interventions reach the right people with precision and credibility.”
The NASSCO boss disclosed that the National Social Register currently covers over 20 million households and more than 77 million individuals across the 36 states and the Federal Capital Territory.
“At the centre of this effort is the National Social Register, a national platform designed to identify and support poor and vulnerable households across the country,” she said.
Providing an update on the exercise, Olotu said significant progress had already been recorded across the federation.
“Across 37 states and 774 Local Government Areas, covering 8,756 wards and 217,777 communities, over 9.7 million household records have been updated, with 12.3 million NINs captured and 11.5 million successfully validated,” she stated.
She stressed that effective social protection could not be driven solely from Abuja, noting that local governments remained critical to successful implementation because of their closeness to communities.
“Local Governments are not merely administrative structures, but institutions of service delivery, closest to the people and essential to translating policy into real outcomes in citizens’ lives,” Olotu said.
She urged local government chairmen to take ownership of the NIN integration process and ensure effective grassroots coordination.
“You are not just stakeholders in this process. You are the drivers of execution. You are closest to the communities, you understand the realities on the ground, and you are uniquely positioned to ensure effective implementation of the NIN integration process,” she added.
Also speaking at the event, Olubunmi Olusanya, permanent secretary, Federal Ministry of Humanitarian Affairs and Poverty Reduction, described the National Social Register as a critical pillar in Nigeria’s poverty reduction and humanitarian response framework.
Olusanya said the ministry was advancing a “One Humanitarian–One Poverty Response System” to harmonise interventions and strengthen coordination across government institutions.
He said, “The National Social Register remains a central pillar of this architecture. It provides a credible and verifiable basis for identifying poor and vulnerable households.”
According to him, the integration of NIN into the register would significantly reduce duplication and improve the reliability of data used for planning and programme delivery.
He warned that millions of vulnerable Nigerians could risk exclusion from government interventions without full NIN integration.
“Without full NIN integration, many of them risk being excluded or unable to benefit from government interventions,” he said.
Olusanya also emphasised the importance of local government authorities in ensuring the credibility and effectiveness of the programme.
“Local Governments are not peripheral to this process, they are central to its success. Indeed, they represent the first line of credibility, verification, and last-mile delivery,” he stated.
The stakeholder engagement brought together local government chairmen, officials of the Association of Local Governments of Nigeria, development partners, civil society organisations and other stakeholders involved in social protection delivery across the country.
The Federal Government has in recent years intensified reforms aimed at strengthening the National Social Register amid concerns over transparency, targeting and accountability in social intervention programmes.
The integration of NIN into the database is expected to improve the accuracy of beneficiary records and enhance the efficiency of poverty alleviation initiatives nationwide.
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