E-Business
Nokia Networks Sparks Industry Collabo for “Programmable World”
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Nokia Networks is igniting the development of comprehensive standards for the Internet of Things (IoT) as part of the company’s drive to create the programmable world.
The move from IoT silo solutions to system-of-systems interoperability based on common standards and open interfaces will be as crucial, just as it was to trigger the worldwide success of mobile broadband.
Nokia Networks calls for operators, research organizations, communications vendors and other key industry players to explore business models, identify technology requirements and recommend a framework for standards for the end-to-end deployment of IoT in areas like connected mobility, smart city or public safety.
While the 3GPP is standardizing cellular-based wide area IoT connectivity and several technologies exist for standardized short-range communications, standards for the raft of other technologies needed for IoT are missing.
Areas such as applications enablement, analytics, security, location mapping, indoor positioning and smart sensors are all highly proprietary, which does not support interoperability.
This standardization work needs to be extended to create open interfaces that will help all stakeholders to realize the full business potential of the IoT opportunity. Common standards and open interfaces will also help avoid potential market fragmentation caused by the deployment of individual proprietary solutions.
Nokia Networks is enabling the programmable world with end-to-end IoT:
Nokia, Ericsson and Intel Corporation recently announced their support for Narrow-Band Long-Term Evolution (NB-LTE) as an effective wireless connectivity solution for IoT.
The new Nokia AirFrame Data Center Solution* provides an open platform for merging telco, IT and IoT applications.
Nokia Networks spearheaded Mobile Edge Computing** with its Liquid Applications solution, which is currently being standardized within ETSI ISG MEC.
Nokia Networks’ partner selection for IoT platforms focuses on vendors who commit to open standards and interfaces.
KT, one of South Korea’s leading operators, and Nokia Networks recently agreed to set up South Korea’s first IoT lab to provide IoT-related technical expertise and knowledge to small and medium-sized partner companies.
The Nokia Open Innovation Challenge 2015 focuses on IoT and offers the brightest innovators an opportunity to collaborate with the company on game-changing ideas to shape the future of the IoT industry.
Brian Partridge, vice president 451 Research Mobility team, said: “In mobile communications the use of standards ensures we enjoy seamless interworking between multivendor network components and different operator networks.
“For future IoT systems, multiple applications from various vendors must work in concert, connected and integrated in the Cloud and at the network edge. Breaking the cycle of building proprietary IoT application silos in market after market will require more adoption of common standards and frameworks with open interfaces to achieve seamless interoperability. In helping to drive the transition from IoT silos to IoT systems we applaud the efforts of Nokia to bring together the relevant ecosystems in key IoT markets.”
Kathrin Buvac, vice president, Strategy, Nokia Networks, said: “Our vision for the Internet of Things is to be as globally interoperable as today’s cellular communications. We believe in open standards and interfaces. We are keen to see the IoT being developed for everyone, because of all the possibilities it offers to simplify people’s lives and make industries more efficient. Imagine if we could help people to gain time, to make people’s lives safer and to provide better services with the help of IoT. There is no reason why these goals cannot be achieved simultaneously, and we believe Nokia Networks has the relevant know-how to succeed.”
E-Business
Jumia Tech Week 2026 Begins with Tech Deals on Smartphones, Electronics, and Everyday Technology

Jumia Nigeria has announced the launch of Jumia Tech Week 2026, a two-week campaign offering customers access to discounted technology products across key categories, including smartphones, computing, home entertainment, and wearable devices.

Starting from March 2 to March 15, Jumia Nigeria’s Tech Week 2026 is themed ‘Tech Products for Less’ – a deliberate commitment by the e-commerce giant to drive down the cost of technology products for Nigerian consumers. The campaign offers significant price reductions across key product categories, enabling more Nigerians to access the devices they need at prices that reflect the company’s dedication to affordability and consumer value.
Jumia Tech Week will feature deals across a wide range of product categories, including mobile phones, computer systems and accessories, televisions and audio equipment, gaming products, home appliances, portable power solutions, health technology,, and wearable devices.
Customers will also have access to curated recommendations, including top smartphone deals, must-have accessories, gaming essentials, and home technology upgrades.
According to Temidayo Ojo, CEO of Jumia Nigeria, the campaign reflects Jumia’s broader commitment to making everyday technology more accessible to Nigerians.
“Technology has become an essential part of everyday life, and access to the right devices enables more people to participate fully in the digital economy,” said Ojo. “At Jumia, we remain focused on expanding access and improving the shopping experience as we continue to build Nigeria’s everyday retail destination.”
The campaign will include a range of customer engagement initiatives such as flash sales, brand days, anchor deals and interactive activities designed to enhance the online shopping experience.
Special highlight periods, described as Explosion Days, will take place on March 6 and March 13, featuring limited-time offers across selected technology categories. Customers will also be able to participate in interactive activities, including product-based games, treasure hunts,, and live shopping sessions during the campaign period.
The campaign will feature participation from leading brands including Oraimo, Silver Crest, Samsung, Ecoflow, Nivea and Aeon, offering customers a wide selection of technology, household and lifestyle products. Early access promotions already begun during the teaser period from February 16 to March 1, allowing customers to preview selected deals ahead of the official launch.
Jumia Tech Week forms part of the company’s broader strategy to expand e-commerce adoption by improving access to essential products and enhancing the customer experience across its platform. As Nigeria’s e-commerce market continues to grow, Jumia remains focused on strengthening its product assortment, logistics capabilities, and digital experience to serve customers better nationwide.
Customers can participate in the campaign by using the Jumia mobile app or visiting the Jumia website and following the conversation online using #JumiaTechWeek.
E-Business
House Queries NDIC: ₦5m Max Payout for Failed Bank Depositors

Nigeria Deposit Insurance Corporation (NDIC) pays between ₦2 million and ₦5 million as deposit insurance to customers of liquidated banks, Managing Director Thompson Oludare Sunday told the House Committee on Insurance and Actuarial Matters during 2026 budget defence.

NDIC
House Spokesperson Akin Rotimi Jr sought details on depositor entitlements, citing Heritage Bank’s June 2024 collapse and public concerns over financial confidence.
Sunday explained NDIC’s mandate: banks pay risk-based premiums (now under 1%, down from 15/16 of 1%) to guarantee deposits. Coverage is ₦5 million for deposit money banks, primary mortgage banks (PMBs), and microfinance banks (MMOs); ₦2 million for other financial institutions.
Using BVN, NDIC auto-pays guaranteed sums without visits for amounts up to the limit. For Heritage, post-revocation, NDIC liquidated assets—selling buildings, recovering loans, realizing investments—and paid a second ₦24.63 billion dividend on January 6.
“Anything above ₦5 million or ₦2 million depends on recoveries,” Sunday said, noting ongoing asset sales and debt chases.
Committee Chairman Ahmed Jaha Babawo commended the clarity, noting the limit rose from ₦500,000 to ₦5 million recently. Over 90% of Heritage depositors got insured sums in under four days, meeting International Resolution Deposit (IRD) standards.
Babawo added liquidation dividends would be discussed in executive session.
E-Business
Kaspersky Discovers New Phishing Campaign Exploiting Google Tasks Notifications to Steal Corporate Credentials

Kaspersky has uncovered a new phishing scheme that abuses legitimate Google Tasks notifications to trick corporate users into revealing corporate login credentials.

By leveraging Google’s trusted @google.com email domain and notification system, attackers bypass traditional email security filters and exploit users’ trust in familiar services.
In this campaign, victims receive an authentic-looking notification from Google Tasks with the subject line “You have a new task.” The message creates the illusion that the recipient’s company has adopted Google’s task management tool, pressuring them to act quickly. The notification often includes elements of urgency, such as a high-priority flag and a tight deadline, to prompt the victim’s immediate response.
Upon clicking the embedded link, users are directed to a fraudulent form disguised as an “employee verification” page, where they are asked to enter their corporate credentials under the pretense of confirming their status. These stolen credentials can then be used for unauthorised access to company systems, data theft, or further attacks.
“Google’s vast ecosystem of services gets exploited by scammers. The scheme with Google Tasks is part of a broader trend observed before and continuing into 2026, where cybercriminals misuse legitimate platforms to distribute scams and phishing.
Notifications originating from legitimate domains naturally evade many spam and phishing filters, while the social engineering aspect – making it seem like an internal company process – lowers the victim’s guard,” comments Roman Dedenok, Anti-Spam Expert at Kaspersky.
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