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Imo State @ #StartupSouth5 Uyo, Seeks Broadband Connectivity Partnership to Deepen Digital Economy

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l-r: Funke Opeke MainOne’s CEO; and Nze Meekam Mgbenwelu, Imo state commissioner for Technology Development, at the just concluded #StartupSouth5 Conference in Uyo, Akwa Ibom State capital.
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Imo State Government is exploring possibilities to deepen broadband connectivity across the state, according to Nze Meekam Mgbenwelu, the state commissioner for Technology Development.

 

Mgbenwelu, stated this while speaking at the just concluded #StartupSouth5 Conference in Uyo, Akwa Ibom State capital.

 

#StartupSouth,  Startup/Entrepreneurship ecosystem development project with a mission to educate, connect and attract investment to Startups in the South-South and South-East of Nigeria.

 

He said the ministry will initiate moves to replicate what MainOne had done in Edo, Ogun and Lagos in his state.

 

He reeled out what he described as ‘modest achievements’ of the current administration in Imo State to include – training of about 240 girls/women in coding (in partnership with Microsoft), training of over 5,000 Imolites in basic FinTech and the ongoing conversation with Google to make the state the Digital Economy capital in the South-East.

 

Speaking earlier in a keynote speech during the closing ceremony of the weeklong event, Ms. Funke Opeke, MainOne’s CEO, had highlighted the importance of broadband to economic development and stressed why Governments across Nigeria should pay attention to enabling broadband across their domains.

 

Quoting a World Bank report, she said “10% in broadband penetration would increase GDP per capita growth by 1.38%” and encouraged them to embrace creative approaches towards achieving the broadband goal while using her company’s deal with Edo and Ogun State as an example.

 

Responding to a question on why she attended the conference, Ms. Opeke opined that, “a tree can’t make a forest” and explained that “it is important for other states and regions in Nigeria to take advantage of the opportunities the digital economy provides because only then will Nigeria be able to maximise her true potential and attain assured prosperity for her citizens”.

 

Earlier, in a speech to declare the conference open, Dr. Iniobong Essien, commissioner for Science and Technology, Akwa Ibom State, said that the Government of Dr. Emmanuel Udom is interested in developing technology, while industrialising the state.

 

Also in a keynote titled, ‘Domesticating the Digital Economy’, Mr. Chinenenye Mba-Uzoukwu (Founding Partner, InfoGraphics and former Manager, West Africa, Microsoft) advised the South-South and South-East Governors to pursue regional collaboration. This he said will help to open up the opportunities in the region.

 

The 2019 edition of #StartupSouth conference featured over 100 speakers in 60 parallel sessions. The sessions covered six broad focus areas – Business, Technology, Lifestyle, Personal Development, Funding, Policy – which are geared towards providing participants the requisite intelligence needed to drive their businesses.

 

In his own remark during the ‘Doing Business in the South-South-East’ session, Sunkanmi Oriyomi, regional manager, South-South, at the Bank of Industry Ltd said that Startups can secure up to 10-million-naira loan through the Bank of Industry, without collateral.

 

Jay Alabraba, co-founder of Paga and an active angel investor, in his remarks during a fireside chat advised startups to focus on solving real problems and they would always find support. He also said that Paga was very proud to sponsor #StartupSouth5 because of the importance of the project to the region and Nigeria as a whole.

 

Reiterating Mr. Yinka Ogunnubi’s call in an earlier keynote, Salami Abolore, the CEO of Riby – a Cobanking platform for cooperatives,  advised founders to explore Cooperative as an alternative source of funding stressing that there’s a lot of opportunity in the space that’s untapped.

 

Also speaking, vertran Nollywood Actress Shan George urged Nigerians to believe in Nigerian doctors. She narrated how she went against popular advice and placed her fate in the hands of Nigerian doctors at Brain and Spine Surgery, Abuja during her bout with Lumbar Spondylosis.

 

Dr. Abiodun Ogubo, founder of Brain and Spine Surgery, Abuja and Dr. Ubon Ekpene, Consultant Neurosurgeon, University of Uyo Teaching Hospital, in their separate speeches lamented that Nigerians are making needless foriegn medical trips (otherwise known as Medical tourism) for issues that can be handled by Nigerian Doctors in Nigeria.

 

Other notable personalities that graced the event include Her Excellency, Barr (Mrs) Obioma Liyel Imoke, Wife of the Former Governor of Cross River State, vertran Cartoonist and Editor at BusinessDay – Mike Asuquo, Peace Anyiam-Osigwe – founder of Africa Film Academy and host of African Movie Awards – who spoke on “Unlocking the creative Goldmine in your Neighbourhood discussing opportunities in the movie and creative industry for young Nigerians in the region.

 

Others are Engr. Edward Onwule Jnr., Senior Special Adviser to Abia State Governor on ICT, Ukinebo Dare, Senior Special Adviser to Edo State Governor on Job Creation, Chief Agu Ojukwu – CEO, Tiger Consulting, Chinenye Mba-Uzoukwu (who gave a keynote on Domesticating the Digital Economy), Mark Essien – Founder of Hotels.NG

 

The theme of this year’s conference was “Unlocking the Next 60 Million People” and it explored Making Broadband Accessible & Affordable.

 

In a statement, Uche Aniche, the Convener of #StartupSouth called on founders in the region to see the Eleven States as their primary market noting that there are about 60 Million People. He opined that doing this will help them attract support to scale across Nigeria and ultimately, Africa and the World. He also called on State Governments in the region to embrace #StartupSouth Conference as a platform to engage not only the organised Private Sector but the youths to feel their pulse. He said that the next edition of #StartupSouth will hold in a City where the State Government is willing to partner with the project.

 

The Conference saw a pitch by KR Foods – A palm oil processing startup led by Amajuoyi Ikechukwu Kingsley and GreenBox – a modular solar-inverter box for powering SMEs led by Innocent Unachukwu. KR Food won the Prize money of 150,000 Naira provided by Ibom LLC and currently undergoing talks with members of the SSE Angel Network for a possible investment. The two teams will benefit from WhogoHost’s hosting services as part of the Prize.

 

The Conference was supported by Facebook, MainOne, Paga, Ventures Platform, Riby, Bank of Industry, Hotels.ng, Ibom Hotels & Golf Resort, Goge Africa, Yadel Communications, BellaNaija, ConnectNigeria, Signal Alliance, TechCircle and several others.

 

 


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E-Business

Survey Shows Gaps in Cybersecurity Policies and Employee Commitment Leave Organisations Vulnerable

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A recent Kaspersky survey entitled “Cybersecurity in the workplace: Employee knowledge and behaviour”, showed that 39% of professionals in the Middle East, Turkiye and Africa (META) region, consider cybersecurity rules in their company to be excessive or not fully appropriate.

While 7% noted that their organisations do not have cybersecurity rules or that they are not aware of them. These results show a disconnect between corporate cybersecurity policies and employee commitment to these rules, underscoring the risks associated with shadow IT and unmanaged device usage in the workplace.

Shadow IT is defined as the use of unauthorised software, devices, or services without IT oversight, and it has evolved into a critical business risk. While often driven by employee productivity needs, it creates blind spots for IT departments.

The rise of hybrid work environments, increased reliance on cloud-based tools and the spread of AI tools have accelerated this trend. Without robust cybersecurity management and oversight, organisations face heightened exposure to ransomware attacks, data leaks, and regulatory penalties.

19% of survey respondents in the META region said there are no policies regarding the use of non-corporate devices in their company. 35% of employees admitted that they can use their own devices to access business information, provided they have some type of cybersecurity protection, even consumer-grade software.

On the positive side, 21% said they can use their own device, but these must first pass more stringent corporate IT security checks; while 25% of respondents indicated that only devices provided by the IT function can be used for work purposes.

The situation is significantly better with permissions for employees to install software on corporate devices without IT department’s approval. 50% reported that only IT specialists in their company are allowed to install software, while in 31% of organisations only top management or designated users can do so. 11% of employees can install software that is approved by the IT team. However, 8% of respondents said that all users can install any software they need without IT agreement in their organisation.

At the same time 21% of professionals surveyed acknowledged that within the past year they installed software on their work devices without IT supervision. That highlights a persistent shadow IT challenge that continues to expose organisations to security vulnerabilities, compliance risks, and data breaches.

“Shadow IT is now a mainstream operational risk. When one in five employees installs software without IT oversight, it signals a policy gap. Many organisations already have security policies in place, but employee perception must also be considered.

Organisations should move beyond restrictive controls and instead implement intelligent, user-centric cybersecurity strategies that combine strategies that integrate technology with employee awareness and responsible use,” said Toufic Derbass, Managing Director for the META region at Kaspersky.

 


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Microsoft Faces £1.7Bn Cloud Lawsuit in UK over Alleged Market Abuse

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Microsoft is facing a £1.7 billion ($2.3 billion) class action lawsuit in the United Kingdom over allegations that it abused its dominant market position in cloud computing.

Microsoft Faces £1.7bn Cloud Lawsuit in UK Over Alleged Market Abuse

Microsoft

The case, filed before the Competition Appeal Tribunal, was brought by Maria Luisa Stasi on behalf of about 59,000 British businesses and organisations. It alleges that Microsoft unfairly imposed higher costs on customers running its Windows Server software on rival cloud platforms.

Stasi said the company’s practices have had a significant financial impact on both public and private sector organisations over several years.

In allowing the case to proceed, the tribunal ruled that it has a “reasonable prospect of success.” The judges noted that Microsoft is alleged to have abused its dominance in the paid server operating system market to undermine competition in the cloud services space.

If the claim succeeds, compensation for affected organisations is estimated to range between £1.7 billion and £2.1 billion.

Microsoft has rejected the allegations and confirmed it will appeal the ruling. A company spokesperson said the decision does not represent a final judgment on the claims and that it disputes the substance of the case.

The lawsuit comes as regulators in the UK and the European Union intensify scrutiny of Microsoft’s cloud business practices. UK authorities are currently assessing whether the company should be designated as having “strategic market status,” a move that would subject it to stricter competition rules.


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Government, Industrial Sectors became the Primary Targets for Cybercriminals in 2025 – Report

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According to the global report by Kaspersky Security Services ‘Anatomy of a Cyber World’, the government sector has emerged as the most targeted sector for the second consecutive year, accounting for 19% of all high-severity incidents in 2025.

The industrial sector closely followed at 17%, while the IT sector rose to third place with 15%, displacing finance from the top three targeted industries.

The ‘Anatomy of a Cyber World’ is a comprehensive global report drawing on incident statistics from Kaspersky Managed Detection and Response, Kaspersky Incident Response, Kaspersky Compromise Assessment and Kaspersky SOC Consulting.

This report sheds light on the most prevalent attacker tactics, techniques and tools, as well as the characteristics of detected incidents and their distribution across regions and industry sectors.

Building on these findings, the report reveals that government bodies continued to be the most targeted sector in 2025. A deeper examination of the root causes of attacks within this sector uncovers that Advanced Persistent Threats (APTs) were the most common, accounting for 33,3% of incidents.

This trend highlights the increasing sophistication of adversaries who persistently evolve their tactics to bypass automated protection. Additionally, 18,9% of government organisations experienced social engineering attacks, underscoring that employees remain a critical entry point for cyber threats.

This dual vulnerability, from both advanced persistent attackers and social engineering campaigns, underscores the need to strengthen not only technology but also organisational resilience.

Implementing measures such as role-based access control and limiting privileges can significantly reduce the impact of compromised accounts, particularly in large, distributed government environments.

The industrial sector presents a different but equally concerning profile. Threats in industrial environments are distributed with striking uniformity: APT-driven incidents constitute 17,8%, malware 14,9% and social engineering 13,9%.

This pattern suggests that industrial organisations attract a broad range of adversaries with different capabilities and objectives, rather than being primarily targeted by a single type of threat actor. Notably, confirmed cyber exercises like red teaming accounts for 22,8% of incidents in the sector, the highest share among the top three industries, reflecting growing investment in proactive security validation among industrial organisations.

In contrast, the IT sector shows a markedly different pattern. With 41% of incidents attributed to human-driven APT attacks, the highest rate across all sectors, IT organisations are clearly a priority target for sophisticated threat actors seeking to exploit trusted relationships and scale their impact through supply chains.

APT traces, which are artifacts from previous advanced persistent threat activity, were identified in an additional 17% of cases, while social engineering accounted for 11%. In contrast, red teaming represents only 9% of IT incidents, suggesting that proactive security testing remains underutilised relative to the sector’s actual threat exposure.

Interestingly, the finance sector was displaced from the top three targeted industries. According to the report, red teaming in this sector accounts for 36,1% of incidents, reflecting a mature, compliance-driven approach to proactive defence, while confirmed APT activity remains comparatively low at 11,5%.

This pattern indicates that sustained investment in security assessment can effectively enhance a company’s ability to identify vulnerabilities early, avoiding costly breaches and reducing the risk of significant damage to reputation and operations.

“Government, industrial and IT organisations consistently attract sophisticated adversaries because of the strategic value of what they hold, operate and connect to geopolitical intelligence, critical infrastructure and global supply chains respectively. The 2025 data confirms that these attacks are not opportunistic: they are targeted and often aimed at establishing persistent access.

Each of these sectors needs to operate on the assumption that determined attackers will find a way in, and focus their defences on early detection, rapid containment and minimising the window of exposure. So, proactive threat hunting, continuous monitoring and regular compromise assessments are no longer optional for organisations of any size across these industries,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.

 


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