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Jovago Tips E-tourism, E-Payment to Drive Nigeria’s Hospitality Sector

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(L-r): Omolara Adaguodo, head of Customer Service, Marek Zmyslowski, managing director, both from Jovago Nigeria and Dupe Omojola, Deputy Director, Nigeria Tourism Development Corporation (NTDC) during the launch of Jovago’s High Impact Intelligence Report in Lagos during the week.
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Jovago.com, Africa leading online hotel booking platform, has said that Nigeria’s hospitality industry will gain largely by a boost of internet penetration rate of 49% in the country.

With 30 % growth expectancy in 2015, Jovago said in its High Impact Intelligence Report for the Nigerian Tourism Sector that 27% of Nigerian travellers use online payments while 73% choose to pay at the hotel upon their arrival.

On average, leading e-commerce businesses achieve about N1.5 billion worth of transactions per week.

Nigeria has the largest online population in Africa with over 70 million people connected to the Internet as of 2014.

Jovago launched the High Impact Intelligence Report for the Nigerian Tourism Sector at its second year anniversary in Lagos on Wednesday where it revealed that 63% of Nigerians prefer to book (for hotels) less than a week in advance while 37% book hotels on the same day of their arrival.

Speaking on the platform’s dreams for the African hotel booking market,  height, Mr. Paul Midy, chief executive officer of Jovago, “Our ambition is to create the easiest and cheapest online hotel booking experience. We place value on delivering excellent customer service making customer satisfaction our main goal. Offering over 7,000 hotels in Nigeria and 25,000 hotels across Africa, we aspire to remain Africa’s No.1 hotel booking website and continue to bring all hotels through Jovago’s efficient customer service.”

According to the National Bureau of Statistics, 2014, Nigeria is now Africa’s biggest economy after the rebasing of its economy in 2013.

For the 2015 fiscal year, a total of ₦250 billion has been set aside in federal appropriations as capital and recurrent expenditure for the industry.

The tourism sector directly contributed ₦1,560. billion and 1.7 percent to the GDP in 2014. .

Tourism is an activity of increasing social and economic importance in Nigeria. Over 2,000,000 jobs were created in 2014 by the sub-sector contributing 3.6% to the total employment.

To Jovago.com, the hospitality industry is projected to show 2.4 percent growth in GDP by mid 2015 and to rise by 5.8% p.a., in ten years.

Speaking on the challenges confronting the industry in the country, Marek Zmysłowski, managing director, Jovago Nigeria, said, “To be honest, the government has done quite a lot of things to tackle the challenges the hospitality industry has faced. For example, Lagos state has officially introduced a license that appropriately rates hotels. Right now, if your hotel is 5 star or 4 star or 1 star, the classification is given only after specific inspection has been carried out. And this is good for business because it fosters transparency”.

He however said Jovago is optimistic on the projection for the years ahead.

He said, “Africa’s economy is growing a healthy rate of 7 percent per annum and this is good for business because with a better economy, there is higher capital available for leisure and business travel. So it is expected that the trajectory for the hospitality sector will rise with the economy. The Nigerian online space, is also going through this phase especially in underserved regions separate from the major cities but Jovago has begun its role in driving awareness for these parts of the country and the outlook is positive for us.

Zmyslowski said that Jovago’s intelligence report shows that demand for luxury hotel rooms in Nigeria is increasing mainly in the political capital Abuja and the commercial hub Lagos.

“Nigeria has the largest hotel development projects in Africa. Lagos has the highest number of hotels; it is also Nigeria’s most populous and Africa’s second fastest-growing city,” he said.

 

 


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Firm Spots Rising Scam Activity Around the 2026 World Cup, from Bogus Tickets to $500,000 “grant” Emails

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Millions of football fans around the world are gearing up for the World Cup, and cybercriminals are seizing the moment to exploit the heightened interest.

Experts at Kaspersky have uncovered various types of scams that mimic official tournament resources or leverage the event for unsafe purposes, putting users’ data and finances at significant risk.

On one of the fraudulent websites discovered, users are offered the option to buy tickets for FIFA World Cup matches, with payments accepted in almost any currency.

However, after completing the fake registration and payment steps, users risk not only losing money from their bank cards but also exposing sensitive personal data to attackers.

The site uses the official colour scheme of the 2026 tournament to mislead users. In addition, the scammers offer ways to contact them, either directly on the site or via messaging apps.

Another website offers users the chance to purchase “official merchandise” for the 2026 tournament, featuring images of mascot plush toys and T-shirts, with a wide selection available for “purchase.” To make the offer more enticing, the site highlights steep discounts. Additionally, to appear more credible, the scammers have added a “Trusted store” badge at the bottom of the page, along with a registration form that requests personal and banking details.

Another attack scenario involves fraudulent email campaigns, in which attackers attempt to trick users into sending money or click a phishing link. To increase the chances of engagement, the emails feature compelling subject lines and persuasive messaging.

In one of the examples identified, fans received emails allegedly sent by official representatives of the event regarding a fake decision from a dispute resolution chamber. The link provided in the email leads to a phishing page.

In some cases, users are targeted with scam emails claiming they have “won” a $500,000 grant to cover tickets, flights, and accommodation, followed by instructions to contact the sender to claim the “prize” funds. Kaspersky also reports email spam and unsolicited ads related to the sale of competition-themed merchandise and souvenirs, some of them might turn out to be a scam.

“Unfortunately, major sporting events that attract large audiences are never overlooked by scammers. Seemingly harmless or even appealing emails can often conceal not only dangerous links and malicious attachments.

In some cases, careless interaction with such messages can lead to serious device infections. We recommend that users ignore any suspicious emails and websites to protect their financial assets and keep their devices and personal data secure,” says Anna Lazaricheva, senior spam analyst at Kaspersky.


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NDPC Warns of Offshore Data Risks as 90 Percent of Country’s Data is Hosted Abroad

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Nigeria Data Protection Commission (NDPC) has raised concerns over data sovereignty, national security as well as loss of economic value, as over 90 per cent of Nigeria’s data is hosted abroad.

NDPC Warns of Offshore Data Risks as 90 Percent of Country’s Data is Hosted Abroad

Pic credit…247digitize.com

Vincent Olatunji, national commissioner/CEO, NDPC, stressed the importance of safeguarding Nigeria’s digital economy through strong data protection and privacy frameworks.

He spoke while while delivering a keynote address at the IoT West Africa Conference, where he stated that the trend poses significant risks to Nigeria’s control over its digital assets.

He further described the situation as precarious for the nation’s sovereignty, and called for urgent investment in local data infrastructure.

Olatunji, highlighted data sovereignty, the growing role of data centres, and regulatory expectations under the Nigeria Data Protection Act, 2023, noting both the benefits of compliance and the risks of non-compliance. Olatunji underscored that data centres are now critical infrastructure for Nigeria’s digital transformation.

While decrying that over 90 percent of the Nigeria’s data is hosted abroad which is precarious for the nation’s sovereignty he encouraged for more investment in the sector as it is projected to reach $1.9 billion by 2031.

Also speaking, Kashifu Inuwa, the director-general of the National Information Technology Development Agency (NITDA), said policy is emerging as the key driver of Nigeria’s digital transformation, particularly in shaping the development of the Lagos-Abuja digital corridor.

“While infrastructure responds to demand, policy creates the enabling environment for sustainable growth,”

Inuwa who was represented by Aristotle Onumo, director, stakeholders management and partnership at the IoT West Africa Conference in Lagos, on the theme “The Lagos-Abuja Digital Corridor: Building Africa’s Next Data Centre and Cloud Hub.”

Inuwa emphasised that while infrastructure responds to demand, policy remains the critical driver that creates an enabling environment for sustainable digital growth.

He explained that Nigeria’s broadband policy, which stipulates minimum speeds of 10 Mbps for rural areas and 25 Mbps for urban centres, provides a strategic framework for prioritising infrastructure deployment along the Lagos-Abuja digital corridor.

He cautioned, however, that without deliberate collaboration and partnership between government, the private sector, and civil society, widespread infrastructure rollout would remain challenging. “Collaboration is the pathway that massifies impact, while partnership harnesses collective intelligence. No one can achieve this in isolation,” he said.

Inuwa also spoke on the Nigerian Sovereign Cloud Project; a flagship initiative aimed at strengthening indigenous cloud service providers and preventing the dominance of Nigeria’s digital infrastructure by foreign hyperscale operators.

By scaling local infrastructure to meet global standards, the project seeks to domesticate data hosting, reduce operational costs, and improve access to cloud services across the country.


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Opay Plans IPO in US, Targets $4Bn in Valuation

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Opay, a financial technology (fintech) firm, is working with Citigroup Inc., Deutsche Bank AG, and JPMorgan Chase & Co. for an initial public offering (IPO).

Opay Plans IPO in US, Targets $4Bn in Valuation

According to a report by Bloomberg on Friday,  sources said the platform, backed by SoftBank Group Corp., is considering a listing in the United States and is targeting a valuation of about $4 billion.

They added that the company could proceed with the share sale later this year, although the timing and size of the offering are yet to be finalised.

Opay is one of Africa’s fastest-growing fintech firms, offering mobile payments, transfers, and other financial services across Nigeria.

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The fintech company, Citi, Deutsche Bank, and JPMorgan have not publicly commented on the IPO plans.

Like Opay, Flutterwave, a major fintech company in Africa is planning an IPO.

 


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