E-Business
#StartUPNaija: Pantami Says Nigeria Closer to Having Own ‘Zuckerberg’

The Nigerian startup ecosystem, with proper regulations and support, has capacity to become the strong catalytic force for sustainable economic growth across nations, even producing the like of Mark Zuckerberg, the founder of Facebook.
Dr. Isa Pantami, the director general and chief executive officer of the National Information Technology Development Agency (NITDA), dropped the comment at the seventh StartUP Nigeria, the brainchild of the Office for ICT Innovation and Entrepreneurship (OIIE).
The DG alluded to OIIE’s position that ICT “is not only indispensable for developing new products and services but also for ensuring the survival of any business in the competitive world by providing ample opportunities for growth and profitability”.
He said that NITDA has raved up its processes for proper regulation and development, crucial for supporting the startup and entrepreneurs ecosystem in the Country.
The NITDA’s interwoven roles are relevant for the country to achieve its purpose of “creative transformation of knowledge and ideas into new products, processes, or services meeting market needs, which culminates in successful enterprises”.
He believes that the competitiveness of any economy in the long term depends on innovation potential of the economy gained through entrepreneurship and effective technology transfer, especially now that revenue from the ‘oil and gas’ industry is on downward trend.
Dr. Pantami warned that Nigeria cannot remain an ‘ oil and gas resource’ based economy, as every projections show other countries are making a turn away from oil.
The NITDA DG said, “StartUPNigeria held in Lagos today (Saturday) is a prelude to GITEX 2017, as NITDA tends to select the best startups to represent the country. This is critical in helping even the regulatory aspects of the IT sector. We identify with startups that need our technical, financial supports to push their solutions forward.
“We believe Lagos is home to innovative startups; thus, we intend to assist them improve on their works. The truth is this: our country relies solely on oil and gas sector; in UK for instance by 2040 they intend to ban diesel or petrol cars, so our reliance on oil is disturbing.
“We have to move from oil resource to knowledge-based economy. ICT has the answer to this. The contribution of 12.6% of ICT to GDP is second to oil at the moment, but will soon takeover. India depends on ICT as $143billion annual comes from ICT; Nigeria accounts for 180million with 60% young people who are addicted to ICT.
“Today, you can’t do without smart devices or not connected; it’s not worth trying. We as ICT natives are addicted to it. The best way is not importation, but using our intellects to develop. No country will survive depending on ICT importation. We have met with OEMs to see how to reduce the level of importation. We want to have a ‘Mark Zuckerberg’ in Nigeria. Nigeria is closer to having own Zuckerberg and we shall surely support the process that will produce that platform”.
Earlier, Dr. Amina Sambo Magaji, acting national coordinator of OIIE, thanked the exemplary leadership of the NITDA DG and the management for giving OIIE platform to meet with startups and solve needs in the ecosystem.
She said that OIIE’s vision to drive ICT innovation and entrepreneurship through policies, initiatives, partnership and programs implementation by focusing on socio- economic impact, competitiveness, and sustainable & inclusive growth, was carefully crafted to ensure the startups are impacted positively.
She said the Office is not relenting on its focus, amongst others, on innovation and entrepreneurship by fostering a more innovative digital economy through turning new ideas and inventions into products and technologies that spur job growth and competitiveness while promoting economic development.
She announced that over 60 pitches were received online for StartUP Nigeria held, while 11 startups made pitched at the event held at the Admiralty Conference Centre, Naval Dockyard Complex, Wilmot Point, Ahmad Bello Way, Victoria Island.
Startups that Pitched:
Accounteer- a smart cloud based platform meant to create professional invoices with ease and get paid faster; accept instant payment from your customers using their favourite means of payment.
TheFarmyard, a mobile platform for farm monitoring and assists in making informed decisions.
BeatDrone- a multi-sector drone service project that uses drones-As-A-Service for Agric
“Six”- IOT solution to road safety concerns in Nigeria
Nicademia- an online distributions platform for African inspired cartoons.
Livekampus, an online platform to book accommodation for students
Comestibles Nigeria- a mobile platform targeted at farmers, consumers and grocery stores
Novael- a mobile platform aimed at using using technology to drive the creative (art) industry in Nigeria, to empower youths (Writers)
TapPay- online voucher platform that enables bank customers to deposit at the comfort of their homes, anytime
SwiftCheckup- a secured online platform to book medical tests easily.
Middleman.com.ng- an ecommerce platform connecting buyers and sellers while providing other auxiliary services.
The Selection Process
To get to the point of pitching, the Ag., National Coordinator of OIIE said, “NITDA is trying to create jobs in Nigeria; it is huge task. Basically, we seek approval from the management of NITDA to start notifying the public; the startup community in particular, through the social media, traditional media and radio jingles. The essence is to have a wide range reach where every Nigerian is given opportunity to send their pitches to the opened portal.
“Once we get the pitches we create a panel of judges drawn from the academia, business, legal and other areas we believe the startups would be needing mentorship too. The judges spend time collating the pitches. So, it is done in stages. For the StartUP Nigeria the pitches were reduced to 70 using different criteria; then we looked at the innovation of the technical presentation. From there, the figure came down to 30. At each level, we have different set of judges.
“The final set of judges comes from the business community. That was how we narrowed the pitches to 12, spending time with them at a bootcamp, teaching them (startups) how to pitch. So, it is a generally rigorous and transparent process”.
E-Business
Half of Global Companies Build SOCs to Enhance Cybersecurity, with a Focus on Human Expertise

Among the primary reasons for establishing a Security Operations Center (SOC) are strengthening cybersecurity posture, enabling faster detection and response and gaining a competitive edge.

Interestingly, despite the increasing demand for automated cybersecurity solutions, businesses rely on skilled security professionals to make key decisions, as human expertise remains essential for effective security management.
A Security Operations Center (SOC) is a dedicated organisational unit responsible for continuous monitoring and safeguarding of a company’s IT infrastructure. Its core mission is to proactively detect, analyse and respond to cybersecurity threats.
To identify the main drivers, strategic priorities, and potential challenges in SOC planning and implementation, Kaspersky has conducted a comprehensive global study involving senior IT security specialists, managers and directors from companies with 500 or more employees.
All participants operate without a SOC but have plans to establish one in the near future. The study spans 16 countries across APAC, META, LATAM, Europe, and Russia, providing valuable insights into the emerging trends and best practices in SOC development worldwide.
The findings of the research reveal that 50% of companies intend to establish SOCs to strengthen their cybersecurity posture, and 45% are motivated by the need to address increasingly sophisticated and dangerous threats.
Other drivers include budget optimisation, the necessity for faster detection and response, and the expansion of software, endpoints and user devices – factors that demand more comprehensive and layered security measures.
These are cited by 41% of organisations. Additionally, 40% seek better protection of confidential information, 39% aim to meet regulatory requirements and one-third (33%) expect SOC capabilities to provide a competitive edge. Larger enterprises tend to cite each of these reasons more often, reflecting the broader operational and regulatory pressures they experience.
Continuous monitoring becomes the leading SOC requirement
Among the key functions organisations plan to delegate, 24/7 security monitoring leads at 54%. This around-the-clock vigilance enables early detection of anomalies, prevents escalation and sustains cyber resilience in real-time. This demand highlights a strategic requirement for proactive risk management, as organisations aim to defend against persistent threats that can strike at any moment.
Companies intending to fully outsource SOC operations show a stronger interest in applying “lessons learned” methodologies, whereas those developing internal SOCs focus more on access management to maintain tighter control.
Human expertise drives SOC technology choices
While SOCs use advanced technology, the choices made by organisations show that human analysts are very important. Among the solutions that organisations plan to include in SOC are – Threat Intelligence Platforms (48%), Endpoint Detection and Response (42%) and Security Information and Event Management systems (40%) – sophisticated solutions that automate data collection and reduce operational load, however, they depend heavily on skilled security professionals who provide critical context, interpret complex findings and make final decisions when guiding appropriate responses.
Other solutions chosen include Extended Detection and Response (38%), Network Detection and Response (37%) and Managed Detection and Response (33%). Large enterprises tend to adopt more technologies (5.5 per SOC on average), while smaller ones integrate fewer (3.8).
“To successfully build a SOC, companies must prioritise not only the right mix of technology but also the careful planning of processes, clear goal-setting and effective resource distribution.
“Well-defined workflows and continuous improvement are essential to ensure that human analysts can focus on critical tasks, making the SOC a proactive and adaptable component of their cybersecurity strategy,” comments Roman Nazarov, Head of SOC Consulting at Kaspersky.
E-Business
Nigerian Terra Industries Secures $11.8m for Expansion

Terra Industries, a Nigerian defence technology startup, has raised $11.75 million to expand its development of defensive systems that protect critical facilities across Africa.

The fundraising round was led by Silicon Valley venture firm 8VC, which was founded by Palantir co-founder Joe Lonsdale.
Other investors in the round include Valour Equity Partners, Lux Capital, SV Angel, and Nova Global, as well as African-focused funds Tofino Capital, Kaleo Ventures, and DFS Lab.
Terra Industries, founded in Abuja by Nathan Nwachuku and Maxwell Maduka, provides multi-domain security solutions for both air and land. Its solutions are intended to detect and respond to threats including terrorism, sabotage, and armed attacks on infrastructure.
The company’s product portfolio includes surveillance drones, ground-based robotic systems, and fixed monitoring towers deployed around sensitive locations.
Co-founder and CEO Nathan Nwachuku said the company has now fully embraced its identity as a defence-focused startup, citing the growing urgency of security challenges across Africa.
He said safeguarding critical infrastructure from terrorist threats has become unavoidable.
Nwachuku argues that protecting Africa’s infrastructure requires a different approach, one that combines local manufacturing, end-to-end system control, and software capable of independently identifying and responding to threats over large areas.
The company aims to position itself as a defence prime, similar to the role played by firms such as Anduril Industries and Palantir in the United States.
Nwachuku also disclosed that the company had earlier raised $800,000 in pre-seed funding.
With the new funding, Terra plans to increase manufacturing capacity within Africa, establish additional defence production facilities, and expand its artificial intelligence and software teams.
While software offices are planned for San Francisco and London, the company said manufacturing operations will remain on the continent.
E-Business
Kaspersky Warns Telecom Threats from 2025 will Carry into 2026 as New Technology Adds New Risk

Kaspersky Security Bulletin reviews what shaped telecom cybersecurity in 2025 and what is likely to persist in 2026. Advanced Persistent Threat (APT) activity, supply-chain compromise, DDoS disruption and SIM-enabled fraud continued to pressure operators in 2025, while newer technology deployments introduce additional operational risk.

In 2025, telecom operators faced four broad threat categories. Targeted intrusions (APTs) continued to focus on gaining stealthy access to operator environments for long-term espionage and leverage through privileged network positioning.
Supply chain vulnerabilities remained an entry point: telecom ecosystems rely on many vendors, contractors and tightly integrated platforms, so weaknesses in widely used software and services can provide a path into operator networks. Finally, DDoS remained a practical availability and capacity problem.
Kaspersky Security Network showed that last year, between November 2024 and October 2025, 12,79% of users in the telecommunications sector encountered web threats and 20,76% faced on-device threats. 9,86% of telecom organisations worldwide experienced ransomware.
At the same time, the telecommunications sector is moving from rapid technological development to broad implementation — and the report argues that this shift creates new opportunities and new operational risks for 2026.
Kaspersky highlights three areas where technology transitions could introduce disruption if rolled out unevenly or without strong controls: AI-assisted network management, where automation can amplify configuration errors or act on misleading data; post-quantum cryptography transitions, where rushed deployment of hybrid and post-quantum approaches could cause interoperability and performance issues across IT, management and interconnect environments; and 5G-to-satellite integration (NTN), where expanding service footprints and partner dependencies introduce new integration points and potential failure modes.
“The threats that dominated 2025 — APT campaigns, supply chain attacks, DDoS floods — aren’t going away. But now they intersect with operational risks from AI automation, quantum-ready cryptography, and satellite integration.
Telecom operators need visibility across both dimensions: maintaining strong defences against known threats while building security into these new technologies from day one. The key is continuous threat intelligence that spans from endpoint to edge to orbit,” said Leonid Bezvershenko, senior security researcher at Kaspersky Global Research & Analysis Team.
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