E-Business
NiRA Showcases Investment Opportunities in .ng Domain Names
The Nigeria Internet Registration Association (NiRA) said domain names have proven to be in high demand in this present age of ICT business, as many individuals and/or corporate bodies invest huge amounts of money on domain names which in turn generates huge profit.
NiRA said in its e-newsletter that is why individuals and organisations do not need to be the next Google to start making money online.
It is very obvious that Information and Communication Technology (ICT) has contributed highly to the growth of the world’s economy.
With electronic payment, more businesses are now conducted on the Internet, which makes it easy to expand one’s business beyond one’s locality.
According to NiRA, thousands of people are generating income and making good profit by investing on .ng domain names, because it boosts their visibility especially in Nigeria, promote local content and gives their domain name that desired uniqueness. For example, domain names like keep.i.ng, shini.ng, switchto.ng etc.
There are ways you can invest on .ng domain names which include:
Buyi.ng and selli.ng of .ng domain names either as a NiRA Accredited Registrar or Reseller to any of the Accredited Registrars
Developi.ng .ng domain names
As individuals, invest in .ng domains, register a .ng domain name, profit from the vast .ng availability and commercial opportunities.
Buying/Selling of .NG domain names
Nigeria Internet Registration Association (NiRA), the Registry and manager of .NG domain names has a number of Accredited Registrars that market and sell .NG domain names.
These Registrars may choose to employ the services of re-sellers who also sell .NG domain names on their behalf to the Registrants or end-users. Registrars who register domain names at the NiRA Registry provide additional services to the Registrants to boost their patronage and business.
Registrants have options when buying already registered domain names, namely from:
Domain Marketplace: This is where domain name owners list their domain names for sale. These domain names are purchased according to the owner’s terms and conditions.
Expired domains names may also be auctioned here for buyers to compete.
Domain Broker: A domain broker can help you secure your desired .NG domain names, and save you from price inflation and time wastage when you need it.
Most Organizations/Establishment use this method to avoid cybersquatting on their domain names.
Direct contact with the owner of the domain name can help you cut out the middle man thereby reducing the cost of purchase.
The contact information of the owner can be looked up on WHOIS, via the NiRA website, http://www.nira.org.ng/index.php/nira-support/whois
Developing .NG domain names
This is a potentially rewarding way of making profits from domain names. This can be done by creating full featured websites on the purchased domain names. All .NG domain names have the potential to be valuable.
One way to create value in a domain name is by adding useful content to the site to attract traffic. Obviously this is more challenging compared to buying/selling of domain names as you need to add value to your domain names by putting some content on the website, depending on what you want to do.
You will also need to handle the technical requirements of maintaining the website.
Individual Investment in .ng domain
As an individual, you can invest in .ng domain names as the opportunities are vast. Thousands of people are generating income by investing in .ng domain names. Domain names are Internet real estate, replacing land with virtual property.
Domain names can be bought, generate residual income and developed to increase their value.
Thus, investing in .nG domain names is a great business opportunity. The awareness is increasing and more people are starting to recognize the value of a good domain name and how it can generate income.
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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