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NiRA Backs NASME’s Advocacy for Improved Business Climate

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The Nigeria Internet Registration Association (NiRA) has supported the Nigerian Association of Small & Medium Enterprises (NASME) stakeholders’ forum with major regulatory Agencies in Nigeria in advocacy for improved business environment in the country.

At a recent event which took place at Manufacturers Association of Nigeria (MAN) House, Ikeja, Lagos State and well attended by various regulatory Agencies in Nigeria including Standards Organization of Nigeria (SON), National Agency for Food Administration and Control (NAFDAC), Corporate Affairs Commission (CAC), National Pension Commission (PENCOM) and National Office for Technology Acquisition & Promotion (NOTAP), these organizations made presentations in their relevant fields.

The event started with discussions regarding the low World Bank Ranking Index of Ease of Doing Business, with the latest report placing Nigeria at 169 out of 189 countries.

Prince ‘Degun Agboade, NASME’s president, in his welcome address regretted “the country’s very low ranking by the World Bank on Ease of Doing Business Index.

He therefore admonished the regulatory agencies to see it as a challenge which can be addressed by taking a critical look at all the policies and be ready to fine tune or adjust as appropriate any one retarding business growth”.

He equally called for cordial relationship between the MSMEs and the regulatory agencies in order to achieve a sustained economic growth and development.

Commenting on the Forum, Reverend Sunday Folayan, president of NIRA commended members of Nigeria Association of Small and Medium Enterprise (NASME) who agreed that the low ranking was disturbing and unhealthy for the economy, with negative consequences for the operators of MSMEs.  

After a thorough analysis of the situation, the Forum acknowledged regulatory  agencies as one of the critical public sector stakeholders’ that could assist in reducing these persistent challenges faced by MSMEs in their day – to – day     business operations in order to improve Nigeria’s Ease of Doing Business ranking among its peers.

Amongst other decisions and recommendations, the August gathering agreed that:

The ease of doing business in Nigeria should be taken into consideration by all regulatory agencies for MSMEs

NASME shall collaborate with regulatory agencies to enhance the ease of doing business in Nigeria

An MSME desk be established by all regulatory agencies to cater for the needs of MSMEs in Nigeria

A Commission be put in place to harmonise and cater for all regulatory and certification needs of MSMEs in all States of the Federation; It will not require the establishment of an independent agency or office but rather the use of facilities that are already in place.

There is the need to prevent poverty in old age; micro­pension should be a part of doing business as MSMEs in Nigeria

NASME be recognized by regulatory agencies for the purpose of providing incentives, discounts and concessions for MSMEs

Private sector engagement by NOTAP to encourage intellectual property cannot be overemphasized and as such NOTAP should engage private sector businesses in patent registration.

Standards, certifications and compliance are necessary for businesses; So SON, NAFDAC and other regulatory agencies involved should harmonize their transactions so that it can be cost effective for MSMEs in Nigeria.

A committee be set­up in NASME to act as intermediary on extension services for MSMEs
 


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Join Inlaks Live TechTalk Edition on Hyosung’s Revolutionary MV 100 ATM Model

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Inlaks, the leading Information Technology Systems Integrator specialised in the deployment of highly scalable ICT Infrastructure solutions, will on Monday September 28, deploy the second edition of its virtual thought leadership segment called “TechTalk”.

Techtalk which was formerly a pre-recorded segment hosted on the organisations YouTube channel has now transitioned into a live virtual event across Instagram, Facebook, Twitter and YouTube. The virtual edition kicked off in August 2020 with a segment on Financial Crime Mitigation, honing in on the superiority of Temenos Financial Crime Mitigation Solution with Emmanuel Orororo, Sales Manager, Financial Business, Inlaks.

The 2nd edition of Tech Talk promises to offer the same measure of insights as it dives into the world of Automated Teller Machines (ATM) with a focus on MoniValue 100, a revolutionary ATM solution by Hyosung TNS. The MoniValue 100 is especially adapted to the present times as it is a cardless, contactless and changeless solution.

Join this virtual event live by logging on to any of the social media pages below on Monday, 28th September 2020. YouTube: Inlaks, Facebook: InlaksNg, Twitter: Inlaks, Instagram: InlaksNg

Inlaks is a leading system integrator in Sub-Saharan Africa. The company partners with leading OEMs in the technology industry to provide world-class information technology solutions that exceed the needs of its customers.

Over the years, Inlaks has built a reputation as the foremost ICT and Infrastructure Solutions Provider, helping customers effectively seize new market and service opportunities.

With an impressive customer base that includes six Central Banks in West Africa, 18 of the 24 banks in Nigeria and other major customers in the West African region, Inlaks has become the dominant Information Technology Company in Africa.

Inlaks’ customers cut across various segments including Banking, Telecommunication, Oil/Gas, Power, Utilities and the Distribution sectors of the economy. For more information, please visit www.inlaks.com


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Millions of Cyber Attacks Launched on Nigeria, Others- Reports

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There were 3.8 million malware attacks and 16.8 million Potentially Unwanted Applications (PUA) detections over a 7-month period in Nigeria, according to Kaspersky security solutions.

Millions of Cyber Attacks Launched on Nigeria, Others- Reports

Elsewhere in South Africa, there were almost 10 million malware attacks and a staggering 43 million PUA detections, showing the growing desperation of the attacks.

The company reported on 28 million malware attacks in 2020 and 102 million detections of potentially unwanted programs (pornware, adware etc.) accounted for by the beginning of August 2020.

These numbers show that it’s not only the malware that attacks users but also the “grey zone” programmes that grow in popularity and disturb their experiences, while users might not even know it is there.

Potentially unwanted applications (PUAs) are programmes that are usually not considered to be malicious by themselves.

However, they are generally influencing user experience in a negative way. For instance, adware fills user device with ads; aggressive monetising software propagates unrequested paid offers; downloaders may download even more various applications on the device, sometimes malicious ones.

calculating interim results of threat landscape activity in African countries, Kaspersky researchers noticed that PUAs attack users almost four times more often than traditional malware.

They also eventually reach more users: for instance, while in South Africa, the malware would attack 415,000 users in 7-months of 2020, the figure for PUA would be 736,000.

“The reason why ‘grey zone’ software is growing in popularity is that it is harder to notice at first and that if the programme is detected, its creators won’t be considered to be cybercriminals. The problem with them is that users are not always aware they consented to the installation of such programmes on their device and that in some cases, such programmes are exploited or used as a disguise for malware downloads,” said Denis Parinov, a security researcher at Kaspersky.

By taking a closer look at PUA, it becomes apparent that they are not only more widespread but also more potent than traditional malware.

Evaluating results over the same 7-month period in Nigeria, there were 3.8 million malware attacks and 16.8 million PUA detections – which is four times as much.

Kenyan and South African threat landscapes have been more intense. In South Africa, there were almost 10 million malware attacks and a staggering 43 million PUA detections.

Kenyan users faced even more malware attacks – around 14 million, and 41 million PUA appearances, Kaspersky said.


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Tech Giants Strike Deal with Advertisers over Hate Speech

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Web giants including Facebook have struck a deal with advertisers on how to identify harmful content such as hate speech, after an impasse over the issue which led to boycotts of the platform.

Tech Giants Strike Deal with Advertisers over Hate Speech

The agreement — which also included Twitter and YouTube — laid out for the first time a common set of definitions for hateful statements online.

In July, hundreds of advertisers including big-name consumer brands suspended advertising with Facebook as part of the #StopHateForProfit campaign, saying the social-media titan should do more to stamp out hatred and misinformation on its platform.

And earlier this month a group of celebrities — including Kim Kardashian, Leonardo DiCaprio and Katy Perry — stopped using Facebook and Instagram for 24 hours, to push a similar message.

The World Federation of Advertisers (WFA) said in a statement Wednesday: “Facebook, YouTube and Twitter, in collaboration with marketers and agencies through the Global Alliance for Responsible Media have agreed to adopt a common set of definitions for hate speech and other harmful content and to collaborate with a view to monitoring industry efforts to improve in this critical area.”

The alliance was founded by the WFA and includes other major trade bodies.

According to the WFA, key areas of agreement included applying the alliance’s common definitions of harmful content; developing reporting standards for such content; establishing independent oversight; and rolling out tools for keeping advertisements away from harmful content.

The WFA said that properly defining online hate speech would remove the current problem of different platforms using their own definitions, which it said made it difficult for companies to decide where to put their ads.

“As funders of the online ecosystem, advertisers have a critical role to play in driving positive change and we are pleased to have reached agreement with the platforms on an action plan and timeline in order to make the necessary improvements,” said Stephan Loerke, chief executive of the WFA.

Luis Di Como, executive vice-president of global media at Unilever, a major advertiser, sounded a note of cautious optimism.

He said: “The issues within the online ecosystem are complicated, and whilst change doesn’t happen overnight, today marks an important step in the right direction.”

Speaking in July, Facebook’s founder and chief executive Mark Zuckerberg said he remained adamant that the company did not want hate speech on the social network.

On Wednesday, the company’s vice-president for global marketing solutions, Carolyn Everson, said the agreement gave all parties “a unified language to move forward on the fight against hate online.”

 


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