E-Business
Microsoft Boosts Data Privacy Research with $35,000 Grant
Microsoft has assured of its continued effort to ensure strict compliance with the highest data protection and security standards worldwide for cloud services while espousing the socio-economic benefits that the accelerated adoption of cloud services will bring to Nigerian businesses and governmental agencies.
This disclosure is coming on the heels of the provision of $35,000 grant to the Nigerian Institute of Advanced Legal Studies (NIALS) to advance research studies on the Gaps in Data Privacy and Security.
Following the U.S National Security Agency (NSA) PRISM/Snowden leakage saga where sensitive security information became public knowledge, governments and companies have become wary especially of entrusting private vital information to a third party.
To address disquiets such as this, Microsoft elected to fund an independent research by NIALS which will among others, focus on how concerns on data privacy, security of data, data sovereignty/ localization and management should be approached to ensure that these fundamental apprehensions do not slow down the adoption of cloud services in Nigeria.
This is especially so with government’s realisation of the importance of cloud computing as a means of enhancing e-government service across all sectors and particularly in the areas of health, agriculture and education.
For the purpose of the research, the focus will basically be on the SMB/SME and education sectors considering that cloud computing can potentially enable SMEs significantly boost the nation’s economic growth.
While the SMB/SME sector currently accounts for 40% of the nation’s GDP, its use of ICT is currently put at as low as 30%.
This ICT usage can however be accelerated using the cloud given its ubiquitousness, accessibility from anywhere and any device including older PCs with limited computing power, ease of use, affordability and pay per use model.
A BCG study published in 2013 and a McKinsey study published in 2011 highlight the importance of SMEs being able to access affordable best-in-class tools such as public cloud services which foster innovation and significantly increase productivity.
Speaking on the software giant’s commitment to the penetration and development of ICT in the country, Kabelo Makwane, country managing director, Microsoft Nigeria, said the company has in its 14 years of operation in Nigeria directly and indirectly contributed in no small measure to the Government’s objective of creating jobs and wealth.
“Microsoft’s extensive programs for Academic Institutions via its Partners in Learning (PIL) program under which it also has the Worldwide Education and Innovative Teachers Forum, YouthSpark and programs on eLearning requirements for academia and students have been enabling the digitization of relevant educational content and information and classroom experience on mobile devices and social media leveraging cloud computing”, he also said.
Professor Adedeji O. Adekunle, Director-General of NIALS stated that the Microsoft-funded research by NIALS will frame the key legal and policy issues that are critical enablers of cloud computing.
This includes the right legal and policy environment to support and mandate improved broadband speeds amongst others to grow cloud services which is critical as low bandwidth and slow connectivity hinder cloud adoption.
Professor Adekunle further, said that, this research will define and identify the transformation opportunity created by cloud computing including the accelerated rollout of e-government services across Ministries, Departments and Agencies (MDAs) and highlight how cloud computing is being broadly adopted in developed markets.
Speaking on the research, Kabelo said this independent research which will be publicly available on NIALS’ and Microsoft’s websites amongst others will add to the body of knowledge on Gaps in Data Privacy and Security, the socio-economic benefits of accelerated adoption of cloud services, the potential of cloud computing services to transform and accelerate the growth of SMEs and the Education Sector in Nigeria and ultimately the Nigerian economy.
He hopes that this research will additionally promote independent and objective research on key technology and policy issues and trends, public awareness of important IT trends such as cloud computing and related issues and greater understanding of the IT industry.
He also stated that Microsoft and NIALS are excited about this strategic partnership which they both consider a great opportunity for their organisations and one they are keen to further extend. The partnership is important to Microsoft as a thought leader on key technology and policy issues and developments including cloud computing.
The University of Nigeria (UNN) is set to partner with The Roxettes Group to establish a research and innovation centre focused on artificial intelligence (AI), smart and green mobility, and digital technologies, in a move aimed at strengthening research, entrepreneurship and technology-driven industrial development.
Chairman of The Roxettes Group, Arc. Dr. Kaycee Orji-Kelechi, announced the proposed partnership while delivering his acceptance speech after receiving an Honorary Doctor of Business Administration (Honoris Causa) during the university’s convocation ceremony.
The proposed facility, to be known as the Dr. Kaycee Orji Centre for Artificial Intelligence, Smart/Green Mobility and Digital Innovation, is expected to provide a platform for research, innovation and collaboration between academia and industry, with a focus on developing commercially viable solutions to local and continental challenges.
Orji-Kelechi said the initiative was conceived as a long-term investment in human capital and technological advancement rather than simply another physical infrastructure project.
He said the vision was to position the University of Nigeria among Africa’s leading institutions in artificial intelligence, smart mobility and digital innovation through research, entrepreneurship and technology development.
According to him, the centre will house five specialised laboratories covering artificial intelligence and machine learning, smart and green mobility, robotics and the Internet of Things (IoT), digital finance and financial technology, as well as cloud computing and advanced data centre technologies.
He also announced plans for the proposed Kaycee Orji Founders Innovation Challenge, an annual programme intended to identify, mentor and support innovative ideas from students, researchers and academic staff with the potential to become scalable businesses.
“Every student of this University should know that a great idea conceived in a classroom should have a pathway to becoming a patent, a startup, a global enterprise, and a solution that transforms society,” he said.
Orji-Kelechi disclosed that preliminary conceptual work on the project had commenced, with architectural and engineering designs being prepared by K.KH Contractors Ltd., a subsidiary of The Roxettes Group.
He added that discussions with the university would begin on identifying a suitable site for the project, while a comprehensive proposal containing architectural drawings, engineering designs and an implementation framework would be submitted after completion of the design phase.
Reflecting on his career, Orji-Kelechi said Africa must move beyond consuming innovation to creating it through investment in manufacturing, technology and entrepreneurship.
“We have pursued one simple vision: that Nigeria and Africa must move from consumption to production; from importing innovation to creating it; and from waiting for opportunities to building them,” he said.
He urged graduating students to see their education as a foundation for solving societal challenges through innovation, leadership and enterprise, adding that he remained committed to promoting industrial development, youth empowerment and sustainable economic growth.
The proposed collaboration forms part of broader efforts to strengthen university-industry partnerships, which are increasingly seen as critical to improving research commercialisation, innovation capacity and technology-led economic development in Nigeria.
National Population Commission (NPC) has announced commencement of full digital registration of births and deaths through the VitalReg platform, which became operational nationwide on July 1, 2026.
Chidi Ezeoke, federal commissioner representing Anambra, disclosed this in Awka during a press conference to announce commencement of full digital birth and death registration under the Electronic Civil Registration and Vital Statistics (E-CRVS) system and the marking of World Population Day commemorated every July 11.
He revealed that a total of 131 registration centres had been opened in the 21 local government headquarters and several communities in the state, adding that more centres would be opened later.
Ezeoke described the initiative as a major milestone in Nigeria’s Civil Registration and Vital Statistics (CRVS) system, to ensure every birth and death in the country was captured through a digitally enabled registration platform.
“It builds on the launch of the E-CRVS system and the inauguration of the National Coordination Committee on Civil Registration and Vital Statistics by President Bola Tinubu on Nov. 8, 2023.
“A total of 4,011 functional registration centres has been established across the 774 LGAs of the federation and the commission iswas working to expand the number to about 8,000.
“In Anambra, 131 registration centres have been opened in the 21 local government headquarters and several communities. More centres had been proposed for the state,” he said.
According to the Commissioner, the VitalReg platform would provide faster registration services, 24-hour online access, digital certificate issuance where applicable, reduced paperwork and waiting time, improved data validation and a more secure national CRVS database.
While noting that the platform would serve as a foundational database to support other national data systems and strengthen interoperability across Nigeria’s digital identity ecosystem, Ezeoke urged Nigerians and other stakeholders to support the initiative by ensuring prompt registration of all births and deaths.
Speaking on the 2026 World Population Day themed, “Realising the Hopes and Aspirations of Young People – Today and for the Future”, the Commissioner called for greater investment in education, healthcare, skills development, decent employment opportunities and youth participation in governance for sustainable national development.
Earlier, Mr Obiakonwa Okagwu, state director, NPC, said the occasion served as a reminder of great opportunities provided to harness young people’s capabilities, which he said would shape the future of the country when adequately harnessed.
He called on residents to take registration of births and deaths as national responsibility, just as he urged the media to take the message on civil registration to all parts of the State.
E-Business
Report Says Cybercriminals Deploy Malware to Hijack Crypto Wallets, Monitor Browsers Telegram
Cybersecurity researchers at Kaspersky have uncovered a sophisticated malware framework, dubbed OkoBot, that is targeting cryptocurrency users by stealing wallet recovery phrases, browser credentials and other sensitive information through a multi-stage attack campaign spanning more than 25 countries.
The researchers said the malware, active since April 2025, employs more than 20 malicious payloads and has evolved into an advanced cybercrime platform focused on compromising digital asset holders. According to Kaspersky’s Global Research and Analysis Team (GReAT), the campaign remains active and has already affected hundreds of users worldwide.
Kaspersky disclosed that one of the framework’s most dangerous components, known as SeedHunter, injects malicious code into legitimate cryptocurrency wallet applications, including Ledger Wallet, Ledger Live and Trezor Suite, before displaying fake recovery phrase prompts designed to trick victims into surrendering their seed phrases.
The security firm explained that once attackers obtain a victim’s recovery phrase, they gain complete control over the cryptocurrency wallet, enabling them to transfer digital assets with virtually no chance of recovery.
Commenting on the discovery, Dmitry Galov, security researcher at Kaspersky’s GReAT, said.
“This campaign has been running for more than a year and remains active. OkoBot is not just a single piece of malware but an extensible framework built primarily to compromise cryptocurrency users.”
Galov added that the malware is continuously maintained and enhanced, underscoring the attackers’ long-term focus on financial theft.
According to Kaspersky, victims are typically infected through ClickFix phishing attacks or malicious GitHub repositories masquerading as legitimate software downloads. In one instance, a fake Microsoft SQL Server Management Studio repository secretly installed a trojanized version of the Audacity audio editor embedded with malicious code.
Following the initial compromise, the attackers deploy a PowerShell downloader called TookPS,which establishes an encrypted SSH connection to attacker-controlled infrastructure.
The malware then harvests browser cookies, wallet files, stored credentials and system information before downloading additional malicious modules.
Among the additional payloads is OkoSpyware which monitors more than 100 applications, which includes cryptocurrency wallets and password managers—records user activity and captures keystrokes and video of application windows. Another module silently installs malicious browser extensions capable of stealing financial information and authentication tokens.
However, Kaspersky’s telemetry indicates that the largest concentrations of victims have been recorded in Brazil, Vietnam, Canada, Mexico and Türkiye, although the malware campaign has spread to users across more than 25 countries.
The cybersecurity firm advised cryptocurrency users never to enter wallet recovery phrases into prompts displayed by desktop applications or websites unless they have independently verified their authenticity.
Furthermore,It also urged users to download wallet software exclusively from official sources, enable multi-layered endpoint protection, and remain cautious of software offered through unofficial repositories or phishing websites.
Kaspersky noted that while hardware wallets themselves remain secure, attackers are increasingly exploiting the software that accompanies them, making user awareness a critical line of defence against evolving cryptocurrency-focused cyber threats.
History as Lagos Becomes First Nigerian State to Launch Greenhouse Gas Registry
AMCON Puts ntel Up for Sale, Seeks Investors
Nigeria Atomic Energy Commission Seeks Collaboration on Power Plants
AI Investment Gap Threatens Africa’s Future Growth
UNN to Partner Firm on AI, Smart Mobility Innovation Centre
NRC, Ponzi Scheme Collapses Resulting Loss of Billions of Naira
EFCC Busts NIS Visa Overstay Racket, Uncovers N700m in an Account
Tokenization, Blockchain Technology will Transform Financial Institutions – IMF
From Scarcity to Scale: What Africa Can Learn from India’s Agricultural Transformation
BON Establishes Six Ad Hoc Committees to Modernize Broadcasting
E-Business2 days agoReport Says Cybercriminals Deploy Malware to Hijack Crypto Wallets, Monitor Browsers Telegram
News2 days agoSee Verified 20 Countries Nigerian Passport Holders Can Travel Visa-Free
Telecom2 days agoSubscribers, Telcos Warn FCCPC over Airtime Lending Enforcement
Telecom2 days agoNCC, REA Partner to Cut Telecom Costs with Renewable Energy
E-Business2 days agoNPC Opens 131 Births, Deaths Registration Centres in Anambra
General News2 days agoAfDB, Nigeria Urge African Control of Mineral Resources
General News2 days agoLagos Chamber Opposes 21 Percent Pension Contribution, Warns of Job Losses
Telecom2 days agoNigeria Pushes for United African Front Ahead of Global Telecoms Elections