E-Business
Nigeria, Others Record 2m Cyber Attacks in Six Months

Nigeria, South Africa and Kenya recorded over two million phishing (cyber) attacks in the first half of 2021, according to Maj.-Gen. Babagana Monguno (rtd), national security adviser.

Monguno who disclosed this recently said that the figure was based on a survey recently conducted by a Bucharest-based “Kaspersky Laboratory’’ in Romania.
He spoke at the recent at a sensitisation workshop for the implementation of the “National Cybersecurity Policy and Strategy 2021’’ for the private sector and professional bodies in Lagos.
Represented by Brig.-Gen. Samad Akesode, director of Communications, Office of the National Security Adviser, he said that over 393 cases of these cyber attacks were attributed to Nigeria, representing a 13 per cent decline as compared to the same period in 2020.
“This calls for more proactive measures to protect our exponentially growing internet users in Nigeria.
“It also demonstrates the criticality of the private sector and the need to enhance our defence mechanism and collaborate towards securing our cyberspace for improved productivity and efficiency.
“The key enablers here can be said to be the development of homegrown solutions, capacity building and more attention to research and development,’’ he said.
Monguno also said that a British security software and hardware company in a survey of 65 Nigerian companies revealed that 86 per cent of Nigerian companies fell prey to cyber attacks in 2020.
”This is second highest percentage recorded globally after India and much higher than in South Africa with 64 per cent.
“This means that about 56 out of 65 companies fell prey to various forms of cyber-attacks such as malware, ransomware and data leaks over the past year.’’
The NSA said the increasing dependence on cyberspace came with vulnerabilities, risks and challenges that threatened national security, cyberspace operations and impact negatively on critical infrastructure.
He said that Nigeria’s current digital transformation drive had transformed businesses, social and economic well being with better service delivery, increase in turnovers as well as ease in communication and information sharing.
According to him, despite these gains, like several other countries across the globe, the growth and development of our cyberspace is accompanied by significant and inherent challenges.
“To this end, the private sector is not spared of the challenges the cyberspace presents due to the growing number of interconnected systems as a result of the geometric rise of internet users in Nigeria within the past years.
“It is, therefore, crucial to achieve a safe cyberspace for our economic prosperity, digital transformation of the economy and ultimately national objectives,’’ he said.
Mr Ide Udeagbala, national president, Nigerian Association for Chamber of Commerce, Industry, Mines and Agriculture, lauded the initiative of the ONSA towards protecting the nation’s cyberspace.
Udeagbala was represented by Mr Lawrence Obetta, president, Aba Chamber Of Commerce, Industry, Mines and Agriculture.
He said that the implementation of the policy would promote a thriving and safe digital economy and digital ecosystem as well as fortify the nation’s cyber defence capability.
“As the voice of Nigerian business, NACCIMA is in support of the efforts of the Federal Government in curbing financial loss, data leak and reputational damage for the private sector and the country in general,’’ Udeagbala said.
E-Business
HURIWA, CLO Protests Bill Asking Social Media Firms’ to Open Shops Nigeria

Human Rights Writers Association of Nigeria (HURIWA) has opposed a bill seeking to compel major global social media companies to establish physical offices in Nigeria.

The rights advocacy group urged the National Assembly to discard the proposed legislation, warning that it could become a tool for censorship and undermine citizens’ constitutional right to freedom of expression, despite being presented as a measure to strengthen Nigeria’s digital economy and improve corporate accountability.
The position was contained in a presentation submitted yesterday by Emmanuel Onwubiko, national coordinator, HURIWA, to the chairman of the Senate Committee on ICT and Cyber Security.
The bill, sponsored by Senator Ned Munir Nwoko, has already passed second reading in the Senate and is before the committee for further legislative consideration.
HURIWA said it carefully reviewed the proposed legislation and concluded that compelling global technology companies to establish offices in Nigeria was unnecessary and potentially counterproductive.
The organisation argued that while the firms generate substantial revenue from Nigeria’s vast digital market, they already engage Nigerians through existing structures, including paying eligible content creators, working with local technology professionals and participating in legal proceedings whenever required.
According to the group, appointing local representatives where necessary would adequately address concerns about engagement with regulators and users without forcing the companies to maintain physical offices.
It also dismissed claims that mandatory country offices would significantly improve consumer complaint resolution, technology transfer or employment generation.
HURIWA maintained that the platforms already have effective feedback mechanisms for resolving users’ complaints and routinely appear before Nigerian courts through their representatives whenever litigation arises.
The group, however, said its greatest concern was the potential for the proposed law to be used as an instrument for restricting freedom of expression.
It argued that establishing local offices could expose global social media companies to pressure from government authorities to remove online content considered critical of those in power.
According to the rights group, the presence of social media companies in Nigeria could become an avenue for authorities to pressure them into abandoning internationally recognised digital rights standards in favour of politically motivated content moderation.
It recalled previous attempts to regulate social media in Nigeria that generated widespread concerns over possible restrictions on free speech, stressing that any legislation affecting the digital space must contain clear safeguards against abuse.
The organisation warned that the proposed law should never become “a backdoor mechanism for government surveillance, arbitrary content removal or political censorship.
E-Business
Nigeria Leads Africa in Online Gambling Regulation – GCI

Nigeria has emerged as one of Africa’s most regulated online gambling markets, even as illegal operators continue to dominate the continent, according to a new report by Gaming Compliance International (GCI).

The report, the first comprehensive assessment of online gambling across all 54 African countries, showed that Africa’s online gambling Gross Gaming Revenue (GGR) reached $23 billion in 2025.
However, only $5.2 billion (23 per cent) was generated by licensed operators, while $17.8 billion (77 per cent) remained in the unregulated market.
In West Africa, total online gambling revenue rose to $4.8 billion in 2025 from $4.3 billion in 2024. Of the 2025 figure, regulated operators accounted for $1.5 billion (31 per cent), while $3.3 billion (69 per cent) flowed to unlicensed platforms, highlighting the region’s persistent enforcement challenges.
Nigeria stood out as the region’s strongest performer, recording the lowest unregulated market share at 56 per cent, compared with the West African average of 69 per cent and the African average of 77 per cent.
The study also found that online gambling participation across Africa increased from 198 million people (13 per cent of the population) in 2024 to 215 million (14 per cent) in 2025.
Despite this growth, GCI estimated that illegal operators deprived African governments of about $3.55 billion in tax revenue in 2025. The number of unlicensed gambling platforms targeting African consumers also rose to 4,129, up from 3,644 in 2024.
Commenting on the findings, Matt Holt, chief executive officer, GCI, said the report provides regulators with the first continent-wide benchmark for strengthening oversight and consumer protection.
Ismail Vali, president, GCI, urged governments to develop competitive and well-regulated markets that encourage consumers to patronise licensed operators, boost public revenue and attract greater investment.
Online gambling in Nigeria is regulated by the Nation Lottery Regulatory Commission.
E-Business
Kaspersky Warns Mobile‑data Buyers about Scammers Posing as Telecoms Operators

At the height of the Northern Hemisphere tourist season, demand for communications and mobile Internet services rises sharply. Kaspersky’s security experts have uncovered scams that target anyone purchasing mobile connections or SIM cards worldwide.

Fraudsters create counterfeit websites that look like the portals of major regional and international telecom providers to trick users into revealing their phone numbers, personal details or banking information.
Kaspersky is sharing several examples of these fake login pages that mimic legitimate telecom operator sites and giving recommendations on how not to be deceived.
In the first case, scammers exploit the brand name of an international telecommunications company operating services in Asia, Africa and Europe. Fake authentication pages encourage users to put in their phone number and credentials.
While the first example shows the different design, the second scam site closely mimics the original log in page, making it hard for users to tell the difference and spot a fake. Entering authentication or payment data on fraudulent web sites may result in money or data loss and become a reason for more frequent spam and fraudulent calls.
Another example is a scam page which poses as another international communications company, working in North Africa, the Middle East and Southeast Asia. In this scheme scammers encourage users to top up their mobile data/Internet plans by entering their personal information and bank cards details.
Kaspersky experts have also identified a scam when cyber criminals suggest users enter their personal data to check and pay a bill inquiry. Such scam schemes are usually aimed at gaining victims’ personal data for further fraud or account hacking and stealing money.
“Because of the active use of AI, scammers can now create fake pages with ever increasing accuracy and speed, targeting the most popular user interest areas. We constantly see scams revolving around sports events, music concerts, seasonal sales and holidays. Unfortunately, the telecoms industry is no exception.
To keep your data and money safe, be vigilant when purchasing mobile or Internet plans online. Using an eSIM – purchased through an official app – is one way to avoid fake telecom sites, as it eliminates the need to enter personal details on questionable web pages.
If you’re unsure about a site’s legitimacy, search for the brand name directly in a search engine and enable a security solution that blocks phishing links for you,” comments Tatyana Kulikova, cybersecurity expert at Kaspersky.
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