E-Business
Kolawole Lauds Coderina Robots Skills Testing For Kids
Adebola Kolawole, head teacher, Ojodu Junior Grammar School, Ojodu –Berger, Lagos has applauded Coderina for instituting First Lego League (FLL) in Nigeria, aimed at tasking the brains of pupils in various schools across the country.
Meanwhile, Kolawole believes that with supports from Government and private sectors, the competition will go places, bringing about mathematical, technological and engineering changes in the country.
Speaking to Nigeria CommunicationsWeek at the FLL competition held at the University of Lagos (UniLag) recently, she said, “I came here to cheer up my team which is the victorious team in this programme that is being organized by SAP and First Lego League at University of Lagos Campus after the students had been given robots to carry out individual task.
“The main project that was presented by my school which is an electronic light project on how you can generate light in a dark environment and the light will be visible.
“It is the first of its kind, a pilot scheme. My expectation is that in the next one to two years a lot of schools will come up to see the importance of this, which is brain tasking and to encourage the students to do better even in their basic correct schools because they have to task their intelligence, their medullar-oblongata. It helps to develop their brain. Next year by the grace of God I want to see many schools coming up to compete and show interest in First Lego League competition”.
She revealed that the schools success in the competition could be linked to an equipped ICT lab donated to the school by the State Government.
“It was given to us by the Lagos State Ministry of Science and Technology with 24 hours internet service, with a lot of computers in the ICT room. I can confidently say that the students are computer literate because from basic seven to nine they are all computer literate,” she said.
Speaking further on the First Lego League, Kolawole said, “The organizers of the First Lego League under the leadership of Olajide Ajayi have done very well. They gave my school and others the robots which are very expensive for us to use.
“I want to appeal to government, corporate bodies and NGOs to come and support these people. When we begin to catch them young, this will help the students a lot. The students in my school have come to embrace the robotic programme, but all of them cannot participate in it.
“It has to do with tasking the brain and it’s not everybody that is scientific oriented, some are commercial base, vocational base and others technical base. It is a new thing in Lagos state but there in abroad young children do this often because they have the wherewithal and computer at their disposal. Now that they have embraced it, I know that it will go places.
While assessing the programme in terms of awareness, she said, “The government should come in to create awareness in the schools and the country. They should help to publicise it, and advertise it with sponsors. The media should also come in by showing different forms of robotic games on television, as this will encourage and brighten the intellectual capability of these children.
“They will begin to explore how to do robotic things, while rich parents could get the materials for their children even at home. They will begin to see things in another perspective since it will enhance their children and they will start practicing at home not even in the school.
The FIRST® LEGO® League, an exciting and fun global robotics program that ignites an enthusiasm for discovery, science, and technology in kids ages 9 to 16.
She aligned her thought with Professor Charles Uwadia, head of Computer Science, University of Lagos (UniLag) who earlier said that Coderina has shown that sustainability of Science and Technology, Engineering and Education in Nigeria must not be overlooked.
Holding for the first time in Nigeria, but for the penchant interests of SAP, world leading Enterprise Application Software provider and National Information Technology Development Agency (NITDA), the number one ICT agency of the federal government led by the visionary Engr. Peter Jack; as the sponsors.
On his part, Mr. Olajide Ajayi, director, Coderina/FLL Nigeria, reiterated that technologies offer opportunities to stimulate growth, increase innovation and enable individuals and institutions to interact more productively within the global economy.
The Director said that matching resources by resourcefulness and combining such efforts with initiatives on the part of educators, government and the third sector in the quest to build capacity for our future creative leaders, has become even more essential.
E-Business
Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

In a sobering revelation of the evolving threat landscape facing the digital asset ecosystem, blockchain intelligence firm TRM Labs has disclosed that over $2.1 billion worth of cryptocurrency was stolen in the first half of 2025 alone, spanning at least 75 high-profile hacks and exploits.
This staggering figure marks a 10 per cent surge over the previous first-half record set in 2022 and nearly eclipses the total stolen in all of 2024.
But beyond the monetary scale, the report reveals a deeper concern: a growing trend of state-sponsored cyber aggression weaponising crypto assets for strategic and geopolitical purposes.
The most devastating breach to date occurred in February when Dubai-based exchange Bybit lost $1.5 billion—the largest crypto heist in history.
TRM Labs attributes the attack to North Korean state actors, noting that the incident alone accounted for nearly 70 percent of total losses during the period and doubled the average hack size to $30 million.
“The Bybit hack redefined the threat landscape,” the report stated.
“It exemplifies how digital asset theft has transcended criminal opportunism and morphed into a tool of statecraft.”
Indeed, North Korea-linked entities were responsible for an estimated $1.6 billion of the total stolen, further entrenching Pyongyang’s status as the most prolific nation-state threat actor in the crypto sphere.
Yet the menace is diversifying. On June 18, Iranian crypto exchange Nobitex was breached for over $90 million by a group reportedly linked to Israel, Gonjeshke Darande (Predatory Sparrow).
Unusually, the stolen funds were routed to unusable vanity addresses, underscoring symbolic and political motives rather than financial gain.
TRM Labs flagged this as a “disturbing shift,” with digital asset theft increasingly deployed as a weapon in asymmetric geopolitical conflict.
The report also found that more than 80 percent of losses stemmed from infrastructure breaches, including private key theft, seed phrase leaks, and front-end compromises— attacks typically ten times costlier than other vectors.
Meanwhile, DeFi exploits such as flash loan manipulations accounted for 12 percent of losses, reflecting persistent smart contract vulnerabilities despite years of scrutiny.
As digital currencies become enmeshed in global rivalries, TRM Labs warns that conventional cybersecurity approaches are now inadequate.
“Massive breaches, often tied to nation-state operations, require a new defence paradigm,” the firm asserted, urging industrywide adoption of advanced safeguards and cross-border collaboration among regulators and law enforcement.
E-Business
CAC Launches AI-powered Business Registration Portal

Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal.
A statement issued by the commission explained that Malam Hussaini Magaji, registrar-general of the CAC, made the announcement during the 2025 Stakeholders Forum in Port Harcourt.
According to him, “the initiative is a major milestone in Nigeria’s business facilitation drive.”
The Registrar further explained that the upgraded portal marks a complete overhaul of the Company Registration Portal (CRP), saying that it comes with advanced features designed to simplify and speed up business registration.
The new system, according to him, allows for instant name reservation approvals, likening the ease to creating an email account, and stressing that the AI-powered platform could suggest available alternatives to business names and approve them immediately.
Another innovation, he stated, is the ability to register a business using only the National Identification Number (NIN) of a director or proprietor, pointing out that there is an ambitious target of completing business registration and certificate generation within 30 minutes, subject to real-time NIN validation.
E-Business
Bitget Launches Institutional Services to Empower Fintech Innovation

Bitget has launched its institutional services in Nigeria, offering fintech companies a robust platform to build innovative solutions on top of Bitget’s suite of institutional-grade offerings.
Gracy Chen, CEO, Bitget, in a statement said, “Our goal is to empower Nigerian businesses to innovate and leverage blockchain for wealth creation opportunities, hence, the institutional services empower fintech leaders with tailored solutions, as the offerings designed to cater for the unique operational needs of institutional clients, enabling businesses to embed trading functionalities like spot and futures markets, wallet management, and more, directly into their platforms.
“The Key services include White-label Broker Services which enabled Fintech companies to deploy customized crypto exchanges using Bitget’s infrastructure while managing branding and users independently. There is also API Solutions that can make the Developers to integrate trading functionality via APIs for spot, margin, and derivatives markets, ensuring fast execution and seamless experiences for end users.”
Chen added, “The ND Broker Model provides clients with complete autonomy over user-facing platforms, offering exclusive front-end flexibility while relying on Bitget for back-end market liquidity. Clients are able to employ Protection Fund and Proof of Reserves of over $600million secured in the Bitget Protection Fund and real-time Proof of Reserves, which gives clients assurance of maximum transparency and security.”
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