Connect with us

E-Business

LAUTECH Wins 2014 Microsoft Nigeria Imagine Cup

Published

on

JEAN-PHILIPPE_COURTOIS.jpg
Kindly share this post

 

The winning team of the 2014 Microsoft Nigeria Imagine Cup, a student competition which centers on the use of imagination, creativity and technology to help solve some of the world’s toughest problems, has been announced.

As part of Microsoft’s YouthSpark initiative, it is a way for young entrepreneurs, innovators and developers to have the opportunity to develop an idea, create a product, and set a clear business plan that will take their product to market.

In previous years, only a few of the very best teams made it all the way to the World Finals and received global recognition for their hard work.

In this year’s Imagine Cup, every first-place winner of the National and Online Finals will be able to compete in a whole new round: the World Semifinals launching on the 1st May.

This round allows all of these first-place teams to be celebrated on the Imagine Cup website so everyone can hear their stories, see their projects, and be inspired by their imagination and passion.

World Semifinalists will compete against each other in a global judging round to select the few teams invited to the World Finals –but every single World Semifinalist team will be eligible for prizes including Imagine Cup’s Visual Studio Online Boost, in which nine teams will receive $1,000 each for using the cloud-based power of Visual Studio Online to collaborate, plan, and implement their projects.

In total, 9 teams from Nigeria competed during a challenging day of presentations, which brought together students from universities across the country.

This year’s winner, in the category of World Citizenship, is Team High Rise from Ladoke Akintola University of Technology, Ogbomosho, with their solution, Catara which serves the purpose of drastically reducing the rate at which cataract causes total blindness.

Adefioye Temidayo, Faleye Benjamin, Oyebisi Jemil and Ibraheem Bello of Team High Rise will stand the chance to compete in the Imagine Cup World Semifinals, which will take place in Seattle in July 2014.

“We are so excited to have won today’s competition – and to have the opportunity to represent Nigeria at the World Semifinals,” said Adefioye Temidayo of Team High Rise.  “And we’re thrilled to have the opportunity to compete with students from around the globe who, like us, are passionate about making a difference in the world.”

The competitors in the Nigerian Finals for Imagine Cup 2014 have joined student innovators from across the globe to take their innovative and ground-breaking ideas from concept to marketplace with Microsoft resources.

Each of the 9 competitors were honoured for their work to address some of Nigeria’s toughest challenges.

In 2nd place, was Team Eagle from The Federal University of Akure (FUTA), with their solution Enchanter, which created virtual business cards that can be shared using near field communication (NFC) I.

Team ABU from the Ahmadu Bello University, Zaria, came 3rd with their solution Mayday, which acts as an emergency alert and response application.

“Each team that competed in the competition is deserving of the highest recognition for the creativity and imagination applied to some of the world’s biggest challenges.  We’re proud to honour these young students who we believe truly exemplify the spirit of the Imagine Cup competition, and we’ll be cheering Team High Rise on as they compete on the world stage,” said Shina Oyetosho, director, Developer Platform Evangelist for Microsoft Nigeria.

Oyetosho added, “Imagine Cup is also directly aligned with the Microsoft 4Afrika Initiative that was launched last year as it drives access to technology, innovation and world-class skills.  We believe deeply that technology can accelerate growth for Africa, and Africa can also accelerate technology for the world.”

This year, in keeping with the changes to the Imagine Cup competition, new contests have been added including: the Pitch Video Challenge, which since September last year has allowed students to submit a five minute video pitch for their project.

The competition is also in the final weeks of the Project Blueprint Challenge, where teams take a deep dive into their thinking and prepare a ten-page document exploring their concept and creating user personas, top user stories, business models, and demonstrate how they have already sought and incorporated feedback from potential users.

In January 2014 the User Experience Challenge was launched to recognize great design as being more important to great software than ever.

“Teams who compete in all three contests will end up with significantly better Imagine Cup projects because they will be prepared to pitch, plan, and build their ideas,” said Oyetosho.

More than 1.65 million students across the globe have participated in Imagine Cup during the past decade, creating applications and games that address the world’s toughest social problems.

Last year, Team Code 8 from Uganda won the United Nations Women’s Empowerment Award for their app, Matibabu, which helps detect Malaria without pricking a body part.

By attaching a Kinect sensor to a user’s finger, their malaria status is fed into their smartphone within seconds, and for free.

“From the heart of Africa, here is an innovation that has the potential to save lives all over the world,” said Oyetosho.

The team won USD 12 000 in addition to training and mentorship to develop their application.

Team High Rise will join the brightest young minds to represent Africa, and like team Code 8,  show how the power of technology can take on Africa’s and the world’s toughest problems.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

E-Business

Jumia Nigeria Records Strong Q1 2026 Growth as Technology-Led Strategy Drives Market Expansion

Published

on

Kindly share this post

Jumia has announced strong first-quarter 2026 performance results, with Nigeria emerging as one of the company’s standout growth markets across Africa, reinforcing the country’s position as a critical driver of the company’s long-term expansion strategy.

According to the company’s Q1 2026 financial results released May 7th, 2026, Nigeria recorded a 42% year-on-year increase in physical goods Gross Merchandise Value (GMV), making it one of Jumia’s strongest-performing markets during the period.

Commenting on the performance, Temidayo Ojo, CEO of Jumia Nigeria, said, “Nigeria continues to demonstrate the strength and resilience of its digital commerce ecosystem. The growth we recorded in Q1 reflects increasing consumer confidence, stronger engagement across our platform, and our continued investment in technology, logistics, and customer experience.”

“We are seeing more Nigerians embrace e-commerce not just for convenience, but as a trusted part of everyday life. Our focus remains on building a platform that is more accessible, more reliable, and more relevant to the evolving needs of Nigerian consumers and sellers,” Ojo further mentioned.

The company attributed its broader growth trajectory to disciplined execution, operational efficiency, and increased deployment of technology and AI-driven systems across its operations.

According to the report, Jumia leveraged artificial intelligence and automation across operations, finance, customer support, cybersecurity, seller management, logistics, and technology teams to improve service quality while reducing operational costs company-wide.

The company also noted that technology and content expenses declined year-on-year due to ongoing headcount optimisation and savings from renegotiated technology contracts, while operational leverage continued to improve. They further highlighted increased use of AI tools among its technology teams, alongside automation in call centres and operational systems, as part of efforts to scale sustainably while improving efficiency across African markets.

Across the platform, Jumia reported significant gains in customer retention and marketplace engagement. Quarterly Active Customers reached 2.5 million, while physical goods orders climbed to 5.9 million in Q1 2026.

The company also expanded usage beyond major urban centres, with 62% of total orders now coming from secondary cities and upcountry regions, emphasising the growing reach of digital commerce across Africa.

Despite global economic pressures, including rising memory chip and CPU prices and supply chain disruptions linked to ongoing Middle East conflicts, the company reaffirmed its path toward profitability. Jumia stated that it remains on track to achieve Adjusted EBITDA breakeven and positive cash flow in Q4 2026, with full-year profitability targeted for 2027.


Kindly share this post
Continue Reading

E-Business

Lagos Captures over 6.4m Residents in LASRRA Database

Published

on

Kindly share this post

Lagos State government has disclosed that more than 6.4 million residents have so far been captured under the Lagos State Residents Registration Agency (LASRRA) exercise as part of efforts to strengthen governance, planning and service delivery across the state.

Lagos Captures over 6.4m Residents in LASRRA Database

Tobosun Alake, commissioner for Innovation, Science and Technology,  revealed this during the ongoing ministerial press briefing marking the second-term anniversary of Governor Babajide Sanwo-Olu.

According to Alake, a total of 6,465,667 residents have been enrolled in the residency database, comprising 4,058,333 adults and 2,407,224 children.

The commissioner described the Lagos Identity Card Project, popularly known as LAG ID, as a major component of the state government’s strategy to improve governance efficiency and public service delivery under the THEMES development agenda.

He explained that the initiative was designed to provide government with a reliable and comprehensive population database capable of supporting planning, policy implementation and effective allocation of resources.

Alake noted that the agency operates an open framework that allows government institutions and private sector partners to independently participate in the system while leveraging a centralised data-sharing infrastructure.

According to him, the arrangement creates opportunities for partnerships, improved information management and enhanced value for both residents and businesses operating within Lagos.

The commissioner added that the initiative would further expand opportunities linked to the Lagos Residents Card and deepen the state’s digital transformation drive.

Speaking on security and digital enforcement, Alake disclosed that the state’s Safe City initiative had significantly increased digital traffic enforcement across Lagos.

He revealed that about 86,000 traffic violations were tracked within a few months, bringing the cumulative figure to about 737,000 recorded cases.

On technology-driven governance, the commissioner highlighted the role of Art and Technology Lagos, an annual conference organised by the Eko Innovation Centre in collaboration with the Lagos State Government.

According to him, the conference brings together technology stakeholders, policymakers, innovators and government officials to drive conversations around the development of a smarter and digitally connected Lagos.

Alake also stated that Lagos currently leads the country in data protection compliance, revealing that the state now has 109 certified data protection officers responsible for ensuring compliance and safeguarding residents’ data.

He explained that the government’s digital platforms now generate robust analytics that help authorities understand public interaction with online services.

“With technology, the state government has been able to know that an average 250,000 visit monthly,” he said.

“When we see our daily visitors on our online platform we are able to tell how many people are visiting our platforms, what they are clicking on and what they are using.

“Some of the services they are related with so we have backend analytics to tell us the number of visitors. I think the back end analytics is very robust and we respond to questions very quickly,” Alake added.

The commissioner further disclosed that the state had completed about 3,000 kilometres of fibre optic duct infrastructure extending to areas such as Alimosho, Ikorodu and Ibeju-Lekki.

He added that the government was planning to expand the infrastructure to 5,000 kilometres through partnerships with private sector investors.

 


Kindly share this post
Continue Reading

E-Business

Firm Shares Insights into Ransomware Trends and Tactics @ International Anti-Ransomware Day-2026

Published

on

Kindly share this post

On International Anti-Ransomware Day, May 12, Kaspersky shares a report with an overview of ransomware trends that marked 2025 and insights into what the threat landscape holds in 2026.

According to Kaspersky Security Network, in 2025 Latin America had the highest share of organisations with ransomware attacks detected (8.13%), followed by the Asia-Pacific region (7.89%), Africa (7.62%), Middle East (7.27%), the Commonwealth of Independent States (CIS, 5.91%) and Europe (3.82%).

The report highlights the rise of “encryption-less” extortion attacks, the use of post-quantum cryptography by ransomware groups, and the persistent use of Telegram channels by cybercriminals to distribute compromised data sets and credentials.

Despite a slight decline in the overall share of organisations attacked by ransomware in 2025 compared to 2024, users remain at significant risk as attackers industrialise their operations, automate intrusion methods, and increasingly focus on stealing and leaking sensitive data rather than simply encrypting systems.

One of the trends in 2025 is the continued rise of endpoint detection and response (EDR) “killers” – tools specifically designed to disable endpoint security solutions before executing the malware itself. EDR killers have become a standard component of attacks, which means more deliberate and methodical intrusions.

Researchers also noted the emergence of ransomware families adopting post-quantum cryptography standards – this was predicted by Kaspersky previously. The development signals a concerning shift toward encryption methods that could resist future quantum computing decryption attempts.

The role of Initial Access Brokers (IABs) – cybercriminal intermediaries that sell pre-compromised corporate access through underground forums and messaging platforms – is growing. RDWeb portals (websites through which devices can be controlled remotely) are increasingly targeted as ransomware groups continue to industrialise attacks through “Access-as-a-Service” operations. As a result, the barrier to launching ransomware attacks declines.

Telegram channels and dark web forums continuously function as platforms for the distribution and for the sale of compromised data sets and accesses including those that were obtained as a result of ransomware attacks.

A major underground forum, RAMP, which also functioned as a platform through which threat actors advertised their ransomware services and published service‑related updates, got seized by authorities in January 2026.

Another underground forum, LeakBase, where malicious actors distributed exfiltrated and compromised data, was seized in March 2026. However, while law enforcement agencies are actively shutting down dark web platforms and ransomware data leak sites, similar portals may appear over time.

Active groups

Among the most active ransomware groups in 2025 based on data leak sites, Kaspersky identified Qilin as the dominant ransomware-as-a-service (RaaS) operator following RansomHub’s seizure of operations. Clop ranked as the second most active group, with Akira in the third place.

While several major ransomware groups stopped operation in 2025, new actors emerge. Looking at 2026, the Gentlemen is one of the most important new ransomware actors due to the group’s rapid growth, structured operations, and increasing focus on data-centric extortion. The group may include attackers formerly associated with other major ransomware operations.

The Gentlemen exemplify a broader shift in the ransomware ecosystem away from chaotic, high-noise campaigns toward scalable, business-like extortion models focused primarily on stealing sensitive data and leveraging reputational and regulatory pressure rather than relying solely on disruptive file encryption.

“Ransomware has evolved into a highly organised ecosystem focused on monetising stolen data, disabling defences, and scaling attacks with business-like efficiency. Threat actors are quickly adapting, weaponising legitimate tools, exploiting remote access infrastructure, and even adopting post-quantum cryptography years earlier than many expected.

“The purpose of Anti-Ransomware Day is to raise global awareness about the threats posed by ransomware and to promote best practices for prevention and response, and we urge all users to stay secure, set up layered defences, invest in backups and boost cyberliteracy levels to counter attacks,” comments Fabio Assolini, Lead Security Researcher at Kaspersky GReAT.

On Anti-Ransomware Day and beyond, Kaspersky encourages organisations to follow these best practices to safeguard from ransomware:

  • Enable ransomware protection for all endpoints. There is a free Kaspersky Anti-Ransomware Tool for Business that shields computers and servers from ransomware and other types of malware, prevents exploits and is compatible with already installed security solutions.
  • Always keep software updated on all the devices you use to prevent attackers from exploiting vulnerabilities and infiltrating your network.
  • Focus your defence strategy on detecting lateral movements and data exfiltration to the Internet. Pay special attention to outgoing traffic to detect cybercriminals’ connections to your network. Set up offline backups that intruders cannot tamper with. Make sure you can access them quickly when needed or in an emergency.
  • Companies from non-industrial sector can protect themselves by installing anti-APT and EDR solutions that enable capabilities for advanced threat discovery and detection, investigation and timely remediation of incidents. Organizations can also provide their SOC teams with access to the latest threat intelligence and regularly upskill them with professional training.

Kindly share this post
Continue Reading

Trending