E-Business
Staying Safe Online

The Internet is indeed a fascinating paradox while it has brought unparalleled transformation and bridged the knowledge gap on one hand, it has given room for some unimaginable security issues on the other hand.
As someone who has to educate people weekly on Technology issues across multiple platforms, I often come across rather troubling security issues during research.
We honestly do not have a choice but to live with the reality that no one is fully safe online and it is our responsibility to protect ourselves as much as we can.
The case of my mentor is apt at this point, the guy is someone that is highly respected in the society and one of the very early users of the Internet – so his Yahoo account was very precious to him because he got it a few days after yahoo officially launched.
To cut the story short, his email account was hacked and the hacker changed the password and also changed the security question and answer, then went ahead to send an email to all his contacts asking for help, that he was stranded in Dubai, one of friends actually did send some money across.
This gentlemen thought it would be easy to get the email back and he went as far as using his personal contacts in the US to get in touch to Yahoo directly, yet the email did not get restored to date.
What’s my point in sharing the above story? Any account can get compromised irrespective of how highly or lowly placed the individual is, which leads me to the first tip I would like to share today:
Be Security Conscious
You just have to be train yourself to think security each time your visit the Internet whether from your PC, phone or tablet.
The discipline to change your password as frequently as you can should be a part of your DNA going forward.
Use a Good Password Manager
A group of top cyber security experts released a report recently and the need to use a secured password manager came tops on their list of security tips. I love and use Lastpass.com
Setup Two-Factor Authentication
This basically means that before you can get access to your account, you need to login two ways; first, the regular step of entering your username and password and then you would need to also enter a code that will be sent to your phone or that you can collect from an app.
Two-Factor Authentication makes it a bit harder for a hacker to gain access to your account because of the difficulty of accessing both forms of login at the same time.
Most major Internet services have this feature but it is not compulsory yet, so, you must activate it if you’d like it to be active on your account.
I personally have this activated on all my major accounts, anyone who gets access to my password would certainly be asked to enter a code and my phone is needed to get that code.
Create more Security Awareness Around You
It helps if those around you are security conscious too as it makes you more secure.
Let me give an illustration, assuming a friend comes to visit and decides to use your laptop to surf the Internet, say while on it he sees an urgent email asking him to download the LPO for the supply and he ignorantly downloads the file infecting your system along the way.
This may not be the best of examples but it sort of drives home the point that it is not enough for you alone to know, others particularly in an office environment must also be aware.
No one is 100% safe online and I mean it when I say no one. Just about any online asset can be breached one way or the other.
The CIA, NSA, FBI and even the white house in the US have all had their fair share of breaches. The point here is that anything can indeed happen online, so be prepared!
CFA is the founder of www.techsmart.ng and co-producer/presenter of Tech Trends on Channels TV
E-Business
Report Shows Start-ups Fuel Innovations in Africa

Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”
The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.
Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.
The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.
Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.
South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.
Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.
According to Bloomberg, a defining theme this year is the source of funding.
Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.
International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.
The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.
Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.
Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.
She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.
E-Business
NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC
The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.
Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer, NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.
The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”
Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.
According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.
He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.
“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.
Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.
He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.
According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.
Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.
He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.
According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.
Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.
E-Business
Anthropic Raises $65 Bn to Expand AI Research, Innovation

Anthropic, artificial Intelligence company, has said that it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.
Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.
The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.
Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.
The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.
Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.
Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
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