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QNET, Partners Award over N2m Prize to FinGreen Phase 2 Winners

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QNET on Wednesday celebrated the graduation ceremony of the second phase of its FinGreen financial literacy program in Lagos, Nigeria.

This is an essential milestone in the firm’s commitment to empowering individuals and communities through the power of financial knowledge, the FinGreen graduation ceremony was a fitting tribute to the dedicated participants who completed the second phase of the program.

These individuals have gained invaluable financial knowledge and skills, propelling them toward a future where they can make informed financial decisions and manage their resources effectively.

Biram Fall, Regional General Manager of QNET’s Sub-Saharan Africa region, expressed immense pride in the impact achieved by FinGreen Nigeria in just two short months. He highlighted the interactive workshops and the unique train-the-trainer approach that empowered 25 FinGreen Ambassadors to educate over 750 young individuals in essential financial principles through the peer-to-peer module.

This initiative not only imparts practical insights into budgeting, savings, investment, and entrepreneurship but also cultivates informed decision-making. We firmly believe in promoting entrepreneurship and enhancing financial inclusion among youths to fuel economic growth and development, and the success of FinGreen Phase 2 stands as a testament to this commitment. Our heartfelt encouragement goes to the beneficiaries to become knowledge beacons, sharing their learnings within their communities,” he said.

FinGreen, QNET’s signature Corporate Social Responsibility (CSR) program in Nigeria, aims to equip Nigerian youths and women with the financial literacy skills needed to achieve financial freedom. It seeks to train 6,000 young Nigerians in essential financial skills, including saving, budgeting, investment, entrepreneurial employability, and identifying financial opportunities.

FinGreen Phase 2 - QNET and Partners Award over N2million Prize to Financial Literacy Programme Winners (2)

Ajisafe Abiodun Hakeem, CEO and Managing Director of Transblue Nigeria Limited, shared his vision for FinGreen, which extends far beyond the initial goal of training 6,000 individuals. He emphasized that true economic impact in Nigeria can only be achieved by equipping citizens with the right financial knowledge. By doing so, people can make informed decisions, even in challenging economic times.

The execution of this training program, which aligns with the United Nations SDGs and the Addis Ababa Agenda to provide adequate skills and proper developmental training for all, particularly for youth, women and entrepreneurs, was made possible through invaluable partnerships.

Financial Literacy For All (FLFA), the program’s Content and Training partner, played a commendable role in developing all the training materials. They also conducted the Training of Trainers (ToT) workshop for the 25 alumni who would become FinGreen Ambassadors.

Another crucial partner, the Consumer Advocacy and Empowerment Foundation (CADEF), was responsible for recruiting, assessing, and tracking the participants’ performance. Their efforts were instrumental in monitoring learning outcomes and gauging development in various areas.

One of the standout features of FinGreen is its peer-to-peer training model. Young participants are trained to become FinGreen Ambassadors, who, in turn, train others within their communities. This ripple effect is at the heart of Fingreen’s mission to alleviate poverty in Nigeria.

FinGreen’s success is evident in its remarkable achievements. In its inaugural phase, 20 Ambassadors were trained, and they went on to train 572 participants. Now, in Phase 2, 25 Ambassadors have emerged, and over 700 participants have received training in their communities. In total, FinGreen has empowered around 1,500 young people across Lagos, Ogun State, Osun, and Oyo states.

Professor Chiso Ndukwe-Okafor, Executive Director at CADEF, highlighted the importance of educating individuals not only in financial literacy but also in understanding that wealth encompasses physical, emotional, financial, and spiritual well-being. This holistic approach to wealth creation is what can drive lasting change.

The reason a lot of us don’t understand what to do with what is in our hands is because most of us have not been taught. Being taught financial literacy, it’s very important for everybody.

“They say in Nigeria we have a lot of problems which means there’s a lot of solutions waiting to be developed. Every problem has a solution or more than one solution.

“So this is creating opportunities in people’s minds to see and focus on solutions, not problems. Starting here, it’s something that takes us way ahead into the future of Nigeria,” she noted.

Laja Shoniran, Executive Director of Financial Literacy for All, recognizes the dire need for financial literacy not only in Nigeria but across Africa. In contrast to countries like the United States, where financial literacy is highly promoted, there’s a lack of stability in financial education programs in Nigeria. The work being done by FinGreen is poised to change that narrative.

Financial literacy is very key to every one of us no matter what level you are. Unfortunately, all across the world, it’s in dire need. In America, they have a whole month dedicated to financial literacy. That’s to tell you how important it is. But in Nigeria and Africa at large, we don’t have such, although some African countries such as Namibia, Ghana and Nigeria have tried it, but it’s not stable.”

FinGreen is Investing in the Future 

FinGreen Phase 2 - QNET and Partners Award over N2million Prize to Financial Literacy Programme Winners
Beneficiaries of Awards at the ceremony

Among the graduates of the program, three participants stood out for their exceptional performance during peer-to-peer training. They were awarded seed funding and e-learning vouchers for courses on QNET’s learning platform. The first runner-up received N500,000, the second runner-up received N750,000, and the winner received N1 million.

Temitope Glory Adesemowo, the program’s winner, is determined to pass on the legacy of wealth creation to the next generation. She recognizes that true wealth is not just about being rich; it’s about creating a lasting impact through wise investments and financial discipline.

On what made her standout, she said: “I was myself all through the program, not trying to impress. I had my mind set on doing this and doing this well, my priority was not about me doing it well, but making sure that my students understood what I was going there to do. Even when it wasn’t convenient for me, I had my mind set up on these people understanding what I was going there to do. I achieved that.”

She attributes her success to her mentors and supportive family who played an important role in her journey.

The seed capital is not just about creating an initial boost; it’s about setting an example,” Ajisafe Abiodun Hakeem, CEO and Managing Director of Transblue Limited said. “QNET and Transblue recognize that entrepreneurship and self-reliance are key to economic growth. Therefore, they support participants through internships and mentorship until they can start their businesses.”

FinGreen’s second-phase graduation is not just a celebration of individual achievements but also a reiteration of the transformative power of financial literacy. QNET, Transblue, and partners are lighting the way toward a brighter and more financially empowered future for Nigeria’s youth. Through knowledge sharing, mentorship, and a commitment to fostering entrepreneurship, they are sowing the seeds of economic growth and sustainable development in the nation.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Joshua Ichor, Nigerian Innovator Bags Europe’s €60m Fellowship

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Joshua Ichor, a Nigerian geoscientist and innovator, has secured a rare invitation into the prestigious EWOR Fellowship, one of Europe’s most selective founder programmes built for outlier entrepreneurs with the potential to create billion-euro companies.

Joshua Ichor, Nigerian Innovator Bags Europe’s €60m Fellowship

Joshua Ichor

The invitation places Ichor inside EWOR’s elite founder ecosystem, a powerful European platform associated with a reported €60 million commitment to backing exceptional founders building the next generation of globally significant companies.

EWOR describes itself as a fellowship for founders who “think in decades and build in days.” The platform says it backs the top 0.1% of founders building potential €10 billion+ companies, with mentorship from unicorn-builders and a founder-first model designed for exceptional entrepreneurs.

For Ichor, the selection is more than another milestone. It is a signal that one of Europe’s most ambitious founder networks sees major global potential in the Nigerian innovator.

While the technology Ichor is currently building has not been disclosed to the public, sources close to the development describe it as a powerful and ambitious piece of technology with the potential to scale internationally.

The project remains under wraps as Ichor continues to refine the product, strategy, and long-term market direction.

According to the fellowship invitation, EWOR believes Ichor is among the few founders with what it takes to build a company that could be valued at €1 billion or more.

That belief places him in a rare class of founders being watched not only for what they have done, but for what they are quietly building next.

EWOR has earned attention for its radical selectivity and founder-first approach.

Its own platform highlights a 0.1% acceptance rate, describing the fellowship as a community of outlier founders who push and sharpen one another.

EWOR’s public materials also reference the fellowship as “Harder than Y Combinator,” built by unicorn founders for founders seeking a higher level of ambition.

The fellowship connects selected founders with a powerful network of unicorn builders, investors, and operators.

Ichor is expected to build alongside a high-calibre founder community that includes names such as Ricky Knox, known for two nine-figure exits; Andrew Nutter, associated with a €180 million revenue company and Sequoia Scout experience; Nick D’Aloisio, widely known for achieving a major technology exit as a teenager; and Jörgen Tveit, who raised one of Europe’s biggest-ever pre-seed rounds by a first-time founder.

The EWOR ecosystem also gives founders access to sessions with globally recognized operators and investors, including Fabrice Grinda, founder of OLX; Kevin Hartz, founder of Eventbrite and Xoom; Mark Ghermezian, founder of Braze; and Michael Baum, founder of Splunk.

For a Nigerian geoscientist to enter this circle is a major statement. It shows that African technical talent is increasingly stepping into the same rooms as some of the world’s most ambitious venture-backed founders.

Ichor’s current technology remains confidential, but the conviction from EWOR suggests that the opportunity is significant.

The details are not yet be public, but the direction is clear: Joshua Ichor is building something with global ambition.

EWOR’s wider network includes some of the world’s leading startup investors and venture names, including A16Z, Accel, Atomico, Balderton, Earlybird, EQT, FJ Labs, Lakestar, Sequoia, Speedinvest, World Fund, and others.

Its platform says fellows raise at 50–300% higher valuations than average, further underlining the strength of the ecosystem around selected founders.

 


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More than 50 Percent of Leaked Passwords End with a Number – Research Reveals

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To mark the occasion of World Password Day, Kaspersky experts analysed 231 million unique passwords in major password leaks from 2023 to 2026, and uncovered several key patterns.

First, 68% of modern passwords can be cracked within a day. Second, it turned out that the vast majority of compromised passwords either begin or end with a digit – a common pattern that makes them potentially vulnerable to brute force attacks.

And third, users also favour positive and trending words; for example, over the past couple of years, use of the word “Skibidi” in analysed passwords surged 36 times, mirroring the rise of that Internet trend.

In recent years, secure passwords’ rules have become a widely discussed topic. More and more services now demand passwords that are at least 10 characters long, include an uppercase letter, and contain a number or a symbol.

Yet a comparative analysis of leaked passwords from the past few years shows that even following some of those rules does not guarantee resistance to brute‑force or AI‑driven attacks.

Kaspersky experts share practical advice on how to make passwords more complex and secure, and how not to repeat common mistakes.

Be creative with using symbols and numbers

Among the leaked passwords that contain just one symbol, the “@” sign tops the list, appearing in 10% of cases. The next most common symbol is a dot (.), found in 3% of passwords. Among all analysed passwords “@” takes second place in terms of prevalence, and in third place is “!”.

Numbers also follow similarly predictable patterns:

53% of examined passwords end with digits;

17% begin with digits;

Nearly 12% include a numeric sequence that resembles a date (from 1950 to 2030);

3% of leaked passwords include keyboard sequencies like “qwerty” or “ytrewq”, but most of them are digital sequencies like “1234”.

Alexey Antonov, Data Science Team Lead at Kaspersky, notes that commonly used symbols, numbers, or dates – especially when placed in obvious positions (such as at the beginning or end of a password) – significantly simplify brute force attacks for cybercriminals. That’s why it’s highly recommended to give preference to less popular characters, and avoid numeric or keyboard sequences.

“Bruteforce works by systematically trying every possible character combination until the correct password is found. When attackers already know which characters users tend to favour, the time required to crack a password drops dramatically. To avoid the temptation of choosing predictable symbols, entrust password creation to dedicated generators that produce random letters, numbers, and symbols with equal probability”, says Alexey Antonov.

Between… Eden and hell: Try to avoid using words in a password

The research shows that emotional and trending words frequently become the basis for a password. For example, from 2023 to 2026 the use of the word “Skibidi” in passwords increased 36 times – mirroring the rapid rise of that Internet trend.

Kaspersky experts have also conducted analysis of the occurrence of positive and negative words in passwords, and it turned out that there are more positive ones. Among those regularly appearing are positive words like “love”, “magic”, “friend”, “team”, “angel” and “star”, “eden”. Interestingly, positive words are much more common than negative ones. However, words like “hell”, “devil”, “nightmare” and “scar” also occur.

“Using a single‑word password, even with a trailing number or a special character, is a weak choice. The pattern is too predictable, making it easy for attackers to guess. Instead, craft a passphrase that strings together several unrelated words, each supplemented with internal numbers and symbols, and sprinkle in a few intentional misspellings.

The longer and more random and unpredictable the password is, the harder it is to crack. As an additional way to protect yourself, enable two-factor authentication (2FA) wherever possible,” recommends Alexey Antonov.

Is password length important?

It’s well known that longer passwords are harder to crack, and the analysis of leaked passwords confirms this principle. However, with the rise of AI driven tools, length alone no longer guarantees security: even lengthy passwords can be compromised if they follow predictable patterns.

The research shows that short passwords of up to eight characters that appeared in the leak are typically cracked by brute force attacks in under a day. However, thanks to AI-powered smart algorithms, more than 20% of 15-character passwords can be broken in less than a minute.

What’s more 60.2% of all analysed passwords – regardless of length – can be cracked in about an hour; 68.2% – in a day.

In the examples provided, the calculations assume a single RTX 5090 GPU and the MD5 algorithm. In real‑world scenarios, attackers can rent multiple GPUs – ten, a hundred, or even more. Under such conditions, the cracking rate would increase potentially by several orders of magnitude.

In modern terms, truly secure passwords not only meet the gold standard of 16+ characters, but also consist of random, non-repeating letters, numbers, and symbols, and are unique for each account. To help users create such passwords, Kaspersky has added a password generation feature to the Kaspersky Password Generator website. Now users can not only check their passwords for leaks, but also generate secure passwords for free.

For easy and secure password management, auto-fill, and cross-device synchronisation consider using a password manager in which all credentials are stored in a secure vault and protected by a single master password. This eliminates the need to remember hundreds of passwords while keeping them safe from breaches.

What’s more, not only passwords, but also passkeys can be created and stored directly in Kaspersky Password Manager, which allows not only to sign in to supported services with a single tap, but also to access passkeys on all devices owing to secure synchronisation.


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Cybervergent Expands to Three New Markets

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Cybervergent has launched version 3.0 of its artificial intelligence (AI)-native posture management platform and expanded operations into Kenya, Ghana, and SA.

The move, according to the company, introduces automated risk verification for enterprises and aims to position Africa as a force in digital governance technology.

It goes on to say the latest platform upgrade introduces continuous posture management, replacing traditional point-in-time governance, risk, and compliance reporting with real-time verification systems.

An AI engine independently verifies 99.9% of audit and monitoring findings before they appear on enterprise dashboards, according to Cybervergent.

It says risk management, compliance, audit, and data security operations are integrated into a unified system built for cloud and on-premise environments.

According to  Cybervergent, the platform maps more than 4 500 controls across frameworks, including the Nigeria Data Protection Act (NDPA), International Organisation for Standardisation (ISO) 27001, and System and Organisation Controls (SOC) 2.

Cybervergent says the rollout of its first South African customer validates the platform’s readiness for highly regulated enterprise markets and strengthens its expansion strategy across Africa’s leading technology and financial hubs.

The company is also adopting a channel-first deployment model, working with local partners and system integrators in Lagos, Accra and Johannesburg to scale verified security infrastructure for enterprises navigating increasingly complex regulatory demands.

“We built verification into the architecture,” said Ayomide Daniels, co-founder and chief scientist at Cybervergent. “If a finding is not traceable back to source documentation, it does not reach the dashboard.”

Cybervergent rebranded from Infoprivacy in late 2023 to reflect its shift towards AI-automated cybersecurity.

The start-up previously focused on data privacy compliance in the West African market before pivoting to its current integrated posture management model.


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