E-Business
Nigeria, Africa Ripe for Mobile Payment- Manceron
Tagattitude is specialized in mobile payment and security solutions. The company was founded in 2005 by Yves Eonnet, Loïc Eonnet and Hervé Manceron. These founders combined their expertise in smart card and telecom industries, as well as telecom infrastructure and signal processing. Manceron, chief operating officer of the company was in Nigeria last week and he spoke to Hilary Okeke
Global winner in the GSMA Innovations Category in 2008 and Eyes another Trophy this year
Well, Tagattitude has had the honour of being selected as a Global winner in the payment category in the last couple of years at the GSMA event, which is the parent association for all GSM standard operators worldwide. We won in 2008. We also had a good show at the GSMA’s Global Innovation 2009 global award competition. We won the regional events for the Americas and many others. I think we need to allow other guys to have a chance too.
Bringing Mobile Payments to the Lower End of the Market
What we are proving is an authentication solution using the mobile phones. This allows banks and other financial institutions to leverage our technology and provide services for their customers. The Near Sound Data Transfer (NSDT) technology is immediately compatible with all mobile phones in existence today, whether they are GSM or CDMA; and without need to download any application or any add-on on the mobile phones.
Major Attractions of the NSDT and Mobile Payments
By using audio channels (common to all phones), NSDT technology provides a secure and user-friendly transaction platform through which funds can be stored, extracted, transacted, and managed. This technology provides a smartcard-grade transaction security and usability on existing infrastructure and hardware. No software downloads or hardware upgrades are required and all mobile networks are eligible. It is phone-independent as well as network-independent. The payment solutions developed using NSDT are packaged into complete payment solution called TagPay, which can be implemented as any combination of the transaction functions depicted. Because NSDT solutions are universally available and deployment-free, they enable implementers to realize the dream of mobile banking and payment. Of course, this also makes them very cost-effective. Remember our focus is the low end of the market. We want to bank the unbanked.
Road Map for Nigeria
We are at the pilot stage with some leading banks and PSP providers in Nigeria. We are working on milestones and very soon, Nigerians will be able to make transactions on their mobiles on the streets, shops, online, and pay for common goods like newspapers or even a bottle of soft drink electronically, formerly bought with cash.
Nigerian Office
Tagattitude of France has always worked in third party countries through partnerships. In Mali and some other countries where we currently operate, local firms are pushing the business model and it is quite a huge success. In Nigeria, we are working in close collaboration with Tagattitude Nigeria Limited. The local representative of Tagattitude France Inc. is Tagattitude Nigeria. We have other customers and partners as well.
Nigerian Market Ready for Mobile Payment
If you look at the success of M-pesa in Kenya and some other solutions in the African market, it will be a wrong business decision not to look at Africa at a closer level. We understand the African market and that is why we designed from the beginning, a solution that serves the needs of Africans with low level entry phones, and figuring the educational levels and rate of technology adoption. Africa holds a unique attraction for us because of the success of mobile penetration across the landscape. Africa currently accounts for over 300 million mobile subscribers and Nigeria has more than 55 million under an addressable market of 140 million. The prospect for Africa is promising and rewarding. Only last Tuesday, we launched in Bamako, the Malian capital and the response was tremendous. We also offer an international remittance product into Mali used by Malians in the Diaspora.
Role of Banks in Robust Payment Ecosystem
The banking sector is believed to affect growth by improving the access to financial services and improving the efficiency of financial intermediaries, both of which reduce the cost of financing, and in turn, stimulate capital accumulation and economic growth. By enabling mobiles to make secure transactions, the banking sector is opened, improving cost and efficiency of financing. Presently, developing-world economies have difficulty accounting for cash transactions. Replacing cash with mobile payment will revitalize economies and generate development. Thus on a macro scale, implementing mobile payment addresses a challenge faced by a majority of developing economies. Mobile subscription currently outstrips the Bank accounts in Nigeria by ration 3:1 and that is projected to grow to 5:1 in 2009 and even slide further in coming years. Banks are very useful partners in the evolving ecosystem in Nigeria and across Africa.
NSDT and Unbanked Population
On individual level, mobile payment addresses a myriad of problems faced by unbanked individuals. For many, carrying cash is dangerous and cumbersome, but not having money when needed can be equally problematic. By merging phone and wallet, assets are secured and impossible to access without the mobile and private PIN. Mobile payment also facilitates tracking and management of finances, creating new tools for financial responsibility. Daily purchases in remote areas can be made in a few seconds by simply dialling a number and placing your phone against the phone of a vendor. No cards or terminals are needed. Local businesses can offer and manage prepaid accounts with their clients and pay their employees. With NSDT, all of the risks and inconveniences of cash are eliminated. Nevertheless, funds can easily and fluidly cash-in and out when needed. By enabling easy cash-out and phone to phone transactions, the reluctance to dematerialization of cash is eroded. Our solution allows anybody with a mobile phone to make withdrawals from any ATM. The only modification on the existing ATMs is software. Microfinance banks can issue and supervise loans using mobile payment, raising the standard of accountability for their clients and facilitating loan distribution and collection. Loans can be sent to phones through the internet, saving loan officers dangerous and time consuming cash-laden voyages to each borrower. Micro-loan recipients can cash the loan at an ATM or with agents. Alternatively, the money that is electronically lodged “on the phone” can be spent directly from one phone to another – avoiding cash altogether. Borrowers can repay their loans to designated agents equipped with their phones “linked” to the micro-credit bank or can repay through ATMs equipped with NSDT™ software. By integrating the NSDT™ mobile payment platform into the bank back office, microfinance operations are made more efficient, more secure, and more effective. Furthermore, there is zero hardware deployment and minimal software integration. The possibilities and advantages are endless.
Other African Operations
We are operation in Mali, Ivory Cost and some other African countries where demos and pilots are currently running. Nigeria holds a unique attraction because of the absence of a nation wide mobile payment systems and the sheer number of the mobile subscription, in addition to the very robust banking sector.
Roll Out Status in the European Union
In the EU, we have commenced operations in France for retail payments across restaurants and other merchants in Paris, which was a huge success and we are also deploying across Europe with the world’s biggest telecommunications mobile operator, Orange in selected European Nations.
Assessment of the Nigeria Financial Sector
Even in face of the global financial crunch, Nigerian banks are still very robust with great potentials. Because of the recent reforms, the banking sector is stronger. Unfortunately, banking services are available to only 10% of the populace due to the inability of many to provide the necessary IDs such as national passports or driver’s license. However, a mobile phone has a unique ID which is the MSIDN number. Using this platform, we can bank the unbanked. We are in partnership with the World Bank to provide banking services to the unbanked population in other African countries.
Products on Offer
We have created the cheapest PoS system in the world. With a printer, it costs less than N25, 000. We also have account management software for the virtual accounts that run on NSDT.
Timetable for Launch
We work based on achieving milestones. We hope to commence the deployment of pilot systems and demos for a few selected Nigerian banks and one or two PSP providers (switching companies). The next stage will be a full deployment, and that I believe will be determined by lots of local factors but like I said, we hope to begin full-scale operations soon.
Compatibility of NSDT with Mobile Types
All mobile phones currently in the market are compatible without the need to download any application or configuration. It is immediately compatible with all mobile models ranging from the cheaply priced phones to the high-end phones.
E-Business
Pope Calls for ‘Disarming’ of AI, Warns of “New Forms of Slavery”

Pope Leo XIV called Monday for the “disarming” of artificial intelligence in his long-awaited manifesto on the rapidly developing technology, and warned of “new forms of slavery” behind its rise.

Leo, warned against “a race for ever more powerful algorithms and larger datasets, driven by the desire to secure geopolitical or commercial dominance”.
He presented his first encyclical, “Magnifica Humanitas” (Magnificent Humanity) in person at the Vatican, alongside AI experts including Christopher Olah, co-founder of US giant Anthropic.
Anthropic is embroiled in a legal battle with the US military after opposing the use of its technology for lethal autonomous warfare and mass surveillance.
At the presentation, Olah said AI companies operate “inside a set of incentives and constraints that can sometimes conflict with doing the right thing”.
He welcomed input from outside actors like the Catholic Church, to “push events in a better direction” saying that “the questions raised by AI are bigger than the AI research community”.
In the encyclical, Leo also sounded the alarm over AI-directed weaponry, saying it was “not permissible to entrust lethal” decisions to tech.
Leo has repeatedly clashed with the White House over the Iran war and its use of religion to justify conflict.
The “just war” theory — espoused recently by the Trump administration — was “outdated”, Leo wrote, adding that “no algorithm can make war morally acceptable”.
AI could be worth up to $4.8 trillion by 2033, a 25-fold increase in a decade, while concentrating its profits in the hands of a limited few, according to the United Nations.
“Disarming AI means freeing it from the mentality of ‘armed’ competition,” the pope wrote.
“To disarm does not mean rejecting technology, but preventing it from dominating humanity,” Leo wrote.
AI should be “human-friendly”, accessible to all, and open to discussion and debate, he added.
The head of the world’s 1.4 billion Catholics has made the hot-button issue a cornerstone of his papacy by dedicating to it his first encyclical — a document that lays the basis for Church teaching and longer-term debate.
The manifesto references a range of cultural giants, from Greek philosopher Plato to Beethoven and his Ninth Symphony, even citing a character from JRR Tolkien’s “The Lord of the Rings”.
“Magnifica Humanitas” was signed on May 15, the 135th anniversary of an 1891 encyclical by Leo XIII, which laid the foundations of the Church’s social doctrine during the Industrial Revolution.
E-Business
LG Electronics Showcases Advanced HVAC Solutions at Mega Clima Nigeria 2026

LG Electronics reaffirmed its position as a leading innovator in climate control and energy-efficient air conditioning solutions with its participation at Mega Clima Nigeria 2026, the 9th International Air Conditioning and Refrigeration Exhibition recognized as the largest HVAC+R sector show in West Africa.

Held at the Landmark Centre, Lagos, the three-day exhibition brought together global manufacturers, distributors, contractors, engineers, and industry stakeholders to explore the future of heating, ventilation, air conditioning, and refrigeration technologies across the region.
As one of the featured exhibitors at the event, LG leveraged the platform to showcase a range of advanced HVAC solutions designed to address the growing demand for smarter, more energy-efficient, and scalable cooling systems across residential, commercial, and industrial environments.
With West Africa’s HVAC sector continuing to evolve alongside rapid urbanisation, infrastructure growth, and increasing attention to sustainability, Mega Clima has become a strategic meeting point for conversations around innovation, efficiency, and climate-responsive technologies. The 2026 edition featured over 100 global brands, thousands of professional visitors, technical workshops, and networking opportunities, further positioning the exhibition as a key industry platform within the region.
Showcasing Smart Climate Solutions for Residential and Industrial Needs
At the LG exhibition booth, visitors and stakeholders engaged directly with a range of the company’s advanced HVAC technologies, including the LG Multi V.5 and Multi VS systems, both designed to deliver high-performance cooling while optimising energy consumption.
Speaking during the exhibition, Business Development Manager, LG Electronics Nigeria, Ifeoluwa Babarinsa, highlighted the adaptability and efficiency of the showcased systems, particularly their ability to support multiple indoor units while maintaining low energy consumption.
According to him, the LG Multi V.5 system is designed primarily for industrial and large-scale commercial applications, while the Multi VS system is tailored toward residential use cases, providing flexible solutions for varying environmental and operational demands.
A major highlight of the systems is their scalability, with both solutions capable of connecting to as many as 64 indoor units, offering increased operational flexibility across different building types and installation requirements.
The exhibition also featured several indoor HVAC solutions compatible with the VRF systems, including the Round Cassette, Ceiling Concealed Type Units, and Four-Way Cassette Units.
Particular attention was drawn to the Round Cassette unit, which was presented as an innovative cooling solution suitable for spaces without conventional ceiling structures. The unit also demonstrated enhanced airflow performance through its round-flow air distribution system and faster cooling capabilities.
Through live demonstrations and product engagement sessions, LG provided visitors with practical insight into how modern HVAC technologies can improve comfort, operational efficiency, and energy management across residential and commercial spaces.
Reinforcing LG’s Commitment to Energy Efficiency and Innovation
LG’s participation at Mega Clima Nigeria 2026 reflects the company’s broader commitment to delivering technologies that align with evolving consumer and industry needs, particularly in markets where energy efficiency and sustainable infrastructure are becoming increasingly important.
As conversations around environmental sustainability and smart infrastructure continue to shape the future of the HVAC industry, the exhibition provided an opportunity for LG to reinforce the role of intelligent climate solutions in supporting long-term energy optimisation and building performance.
The company’s showcased systems emphasised not only cooling performance, but also operational efficiency, adaptability, and user-focused design, qualities that continue to define LG’s approach to innovation across both consumer and commercial categories.
“This year, we showcased our inverter product range alongside advanced HVAC solutions that reflect LG’s continued commitment to innovation, energy efficiency, and smarter climate control technologies. One of the key highlights was our AI-powered VRF solution, the Multi V i, which represents the next phase of intelligent cooling systems we are introducing into the Nigerian market. As the headquarters of LG Electronics West Africa, Nigeria remains a strategic hub for us, and we remain committed to expanding access to innovative solutions that meet the evolving needs of customers and businesses across the region.”
LG’s presence at the exhibition also reflected its continued investment in engaging industry professionals, technical experts, and business stakeholders through platforms that encourage collaboration, knowledge exchange, and technological advancement within the HVAC sector.
Positioning Technology as a Driver of Smarter Living and Infrastructure
Beyond product displays, Mega Clima Nigeria 2026 created a broader conversation around the future of climate control technologies within rapidly developing urban environments. From commercial buildings and hospitality spaces to residential infrastructure, the demand for efficient and intelligent cooling systems continues to grow across the region.
By participating in one of West Africa’s most influential HVAC exhibitions, LG demonstrated its readiness to support this growth through solutions that combine advanced engineering, smart functionality, and energy-conscious performance.
The exhibition further reinforced LG’s philosophy of creating technologies that improve everyday experiences while supporting the broader goals of efficiency, sustainability, and modern living.
As the HVAC industry continues to evolve across Africa, LG remains committed to delivering solutions that not only respond to present demands, but also anticipate the future needs of businesses, homes, and infrastructure across the continent.
E-Business
Kaspersky Warns that Scammers are Exploiting World Cup 2026 Travellers

Kaspersky experts explain which online offers travellers should be cautious of when planning their trip, to avoid spoiling their experience ahead of the upcoming games.

Thousands of fans are expected to attend the World Cup 2026, and many are already handling their travel logistics, purchasing their flights and other transport tickets, booking accommodation, and arranging everything they need to reach the host cities. As interest grows, so does the number of fraudulent schemes that exploit the fact that fans are actively preparing for their upcoming journey.
In late April 2026, Kaspersky experts detected a campaign exploiting the branding of a well-known transport app, targeting users in Mexico. The interface of a fake Spanish-language website, impersonating one of the services, prompts users to enter their phone number and password in order to “claim prizes.” In reality, the attackers are mimicking a trusted brand and attempting to steal users’ credentials from those lured by the promise of a reward.
Some cybercriminals go “a level lower” and post their offers on the dark web. Kaspersky Digital Footprint Intelligence experts discovered a thread advertising such services, published on a shadow forum in March 2026.
The listings included offers for discounted airline tickets, hotel bookings, and match tickets, allegedly at 20% off the original price. These offers are designed to lure users and can be highly dangerous, ultimately resulting in victims losing both their money and any services they expected to receive.
Entrepreneurs and property owners also in the crosshairs
Cybercriminals are also targeting businesses and entrepreneurs at the intersection of the travel industry, which is also involved in the event. Given the high demand for short-term rentals during the tournament, property owners have become an attractive target for scams.
For example, a fake website was discovered requesting account credentials for a well-known platform. In this way, scammers attempt to gain access to property owner accounts, potentially resulting in unauthorised withdrawals and financial losses.
Another common scheme involves fraudsters attempting to extract money from organisations by posing as representatives of well-known airlines and offering fictitious business partnerships. In these emails, they claim to be launching new projects or business expansion initiatives and state that they are actively seeking suppliers or contractors.
If a company representative responds to such an offer, the scammers typically escalate the deception in a subsequent stage. To enhance credibility, they send forged documents for completion and signature, including supplier registration forms and non-disclosure agreements.
The ultimate objective of the fraudsters in this scheme is to induce the organisation to pay a so-called “deposit,” ostensibly required to secure a priority position in a partner selection list.
According to the claims made in the fraudulent communications, this payment would later be fully refunded once the partnership is formally established. In reality, this promise is entirely deceptive. The perpetrators simply appropriate the funds, and no reimbursement is ever made to the victim organisation.
“The travel sector, particularly when it intersects with major events, is a persistent target for a wide range of scams and fraudulent schemes. For end users, it is often difficult to distinguish at first sight between a legitimate website and a spoofed one, or between genuine marketing communications from a reputable service and scam emails.
“We therefore advise treating overly attractive offers with a high degree of caution in order to protect your personal data and financial resources,” says Anna Lazaricheva, senior spam analyst at Kaspersky.
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