E-Business
InnoVent Expands Operations to Nigeria

Africa-focused IT financing and leasing specialist, InnoVent, has announced the opening of its third African office in Lagos, Nigeria.

According to the company, the move gives Nigeria’s fast-growing digital-first enterprises an accessible IT expansion model that also allows them to take a concrete step into the circular economy.
The opening of the new West African office follows only months after the successful opening of an office in Nairobi, Kenya, to serve the East African market.
InnoVent says with a population of over 210 million, Nigeria is Africa’s most populous country, characterised by a youthful, mainly urban citizenry and a fast growing digital business environment.
The company references statistics from the African Development Bank which states that Nigeria’s economy is projected to grow by 1.5% this year, with growth expanding to 2.9% next year on the back of an expected recovery in crude oil prices and production.
“However, despite slowdowns as a result of the Covid-19 pandemic last year, some industry sectors in Nigeria are still on track for solid growth. Digital-first enterprises are expanding, including electronic payments, e-commerce – with stakeholders such as online giant Jumia reporting a 50% increase in transactions in the first six months of 2020 – and digital entertainment and media – a sector in which PWC expects Nigeria to remain one of the world’s fastest-growing markets. Frost & Sullivan expect digital services, cyber security and telecoms to continue presenting strong growth opportunities through to 2022,” the company explains.
Zakhe Khuzwayo, CFO of InnoVent, says, “Clearly, Nigeria’s digital-first businesses are positioned for growth, but they need the ICT equipment to expand and to enable productivity in their remote and hybrid workforces – without huge capex.”
“This is where leased equipment presents the solution. CIOs and CFOs across Africa are increasingly turning to our leasing model for more manageable costs, lifecycle management and sustainability in their procurement.”
The InnoVent group, including Qrent, supports acquisition, lifecycle management, asset management, and responsible end of life management of desktops, laptops, tablets, printers, servers, and storage equipment.
Leasing and subsequent refurbishment and repurposing of IT assets overcomes the short lifespan challenge typically associated with IT assets and aligns with the UN Sustainable Development Goal 12 on responsible consumption and production, as well as with the Nigerian Government’s efforts to reduce e-waste and bolster a circular electronics system in Nigeria.
“We expect keen interest from the Nigerian market in our solutions to simultaneously enable productivity in the hybrid workforce and contribute to achieving organisational sustainability goals,” says Khuzwayo.
InnoVent notes that the old ‘produce and discard’ approach is changing, with organisations moving toward a more sustainable ‘produce, use, reuse and recycle’ philosophy. “By accessing equipment vs owning it, organisations support a more sustainable model, whereby after the lease period is over, equipment can be returned and used again. This supports organisations’ sustainability goals and the circular economy,” says Khuzwayo.
The group now has a total of seven branches including Qrent offices in Zimbabwe and Zambia, and InnoVent offices in South Africa, Lagos and Nairobi, with African operations headed by Michael Lamwe.
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.
E-Business
NDPC, 60 DPAs Collaborate on Enforcing Privacy Rights in the Use of Al

Nigeria Data Protection Commission (NDPC) has joined sixty (60) other Data Protection Authorities (DPAs) in endorsing the “Joint Statement on Al-Generated Imagery and the Protection of Privacy.”

NDPC
The Joint Statement was coordinated by the International Enforcement Cooperation Working Group (IEWG) of the Global Privacy Assembly.
This underscores the growing concerns regarding the privacy risks posed by Artificial Intelligence tools capable of generating realistic images and videos of identifiable individuals.
The Joint Statement highlights concerns over the misuse of Al-powered tools to create non-consensual imagery, defamatory content, and other harmful materials, particularly affecting children and vulnerable groups.
It calls on organisations to implement strong safeguards, ensure transparency, provide effective content removal mechanisms, and comply fully with applicable data protection laws.
The current effort forms part of a continuum of steps being taken by Nigeria to ensure the responsible use of Al. It will be recalled that the Honourable Minister of Communications, Innovation and Digital Economy, Dr ‘Bosun Tijani, led the initiative for the development of the National Al Strategy.
The NDPC also issued the General Application and Implementation Directive (GAID), which, amongst others, mandates privacy by design and privacy by default in the development and deployment of Al tools.
The National Commissioner/CEO of the NDPC, Dr Vincent Olatunji, has directed that the Nigeria Data Protection Act (NDP Act) Compliance Audit Returns (CAR) by data controllers and processors of major importance will serve as a yardstick for monitoring and evaluating responsible use of Al for data processing in Nigeria.
E-Financial2 days agoNigeria’s VAT Jumps 34%, CIT Soars 48% to ₦14trn in 9M’25 – NBS
Telecom2 days agoFG Approves GIS-enabled Digital Postcode to Tackle Logistics Gaps, Boost E-commerce
E-Business2 days agoFirm Enhances its Security Awareness Platform with SCORM and PDF Support
E-Financial2 days agoBinance Cuts Illicit Activity Exposure by 96%, Leads Global Crypto Compliance Push
E-Financial2 days agoNAICOM Signs MoU with BPP to Deepen Insurance Compliance in Public Procurement
General News2 days agoNERC Orders DisCos to Refund ₦20.33Bn Meter Costs to Customers
Telecom2 days agoGSMA, African Operators, Others to Launch Low-cost 4G Devices
E-Financial1 day agoSenate Targets Fintech Overreach, Vows Ponzi Crackdown After ₦1.3trn CBEX Scam











