Telecom
NITDA, Sweden Strengthens Digital Economy Ecosystem
Kashifu Inuwa, Director General of National Information Technology Development Agency, NITDA, has reiterated the commitment of the agency in exploring more opportunities in developing the digital literacy and skills of Nigerians in order to drive the Nation’s economy and ultimately achieve a digital Nigeria.
The DG said this in his office during a courtesy visit by the Sweden Ambassador to Nigeria, Grand Carl-Michael.
He noted that one of the plans of the agency is to strengthen the ecosystem of the Federal Capital Territory and the nation at large.
Kashifu appreciated the existing partnership the agency has had over the years with the Embassy of Sweden, especially with the SchoolTry platform, a Sweden-based EdTech company offering innovative solutions towards the digital transformation of the Nigerian education sector.
He expressed the fact that “achieving digital economy is something that no one can succeed in isolation; particularly as the world is increasingly becoming global, which has necessitated the need for more collaborations such that whatever you do, you think global and act local.”
According to the DG, working towards building the nation’s GDP in a global economy would attract foreign markets and investments into the country. He encouraged the Swedish team to go beyond the SchoolTry project and execute more IT driven initiatives, assuring the team of a mutually beneficial partnership.
The Swedish Ambassador to Nigeria, while underscoring the commitment of SchoolTry with its HQ in Stockholm, Sweden, to lead the digitalization of education delivery in Nigeria, expressed appreciation to the NITDA Boss for the collaborative efforts enjoyed so far. Adding that he is looking forward to getting more investments from Nigeria in order to grow and expand the company.
He added that, “As Swedish ambassador to Nigeria, we work with a lot of different projects on digitalization because it’s a huge problem for many countries, Sweden included, and also for Nigeria with her huge population.
“When I learnt about this company ( SchoolTry) founded by a Nigerian in Sweden and working with Education and E-Learning I know that it will be very interesting for Nigeria to engage in because education is a social responsibility for Nigeria and also for Sweden.”
He appealed that the company is also seeking to leverage on some softwares in some of the schools that have NITDA’s IT infrastructures.
Founded in 2018, the SchoolTry, which falls under Digital Literacy and Skills of the NITDA’s seven pillars of Strategic Roadmap and Action Plan (SRAP- 2021-2024), and also inline with the National Digital Economy Policy and Strategy (NDEPS) for a Digital Nigeria, is an Integrated mobile and web solution for schools to connect in real-time with teachers, parents and students. The features and functionalities from SchoolTry app is said to reduce cost, improve data management and boost overall efficiency.
The meeting ended with a unanimous agreement for a deepened collaboration in critical areas of the digital economy that is expected to benefit both countries.
MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
Netflix has announced plans to invest more than €1 billion in Spanish film and television productions over the next four years, reinforcing its commitment to Spain as a key creative hub in Europe.
The announcement was made by co-chief executive Ted Sarandos at an event held at Netflix’s production studios near Madrid, celebrating the company’s 10-year presence in the country.
Sarandos emphasized that the investment would contribute significantly to Spain’s economy, create jobs, and enable the streaming platform to produce more local content. He was joined by Spanish Prime Minister Pedro Sánchez in unveiling the initiative.
Netflix first established its international production studios in Madrid in 2019, following the success of the Spanish-language hit series Money Heist.
Since then, its 22,000-square-meter facility has become one of Netflix’s major production centers within the European Union.
The company currently supports over 20,000 jobs in Spain, highlighting the nation’s growing influence in global entertainment.
The investment reflects Netflix’s ongoing strategy to expand its presence in European markets through original content and local talent.
Nigeria Computer Emergency Response Team (ngCERT) has raised alarms over a new wave of advanced cyberattacks targeting Android mobile phones through a malware campaign dubbed Tria Stealer.
The malicious software is designed to infiltrate Android devices, hijack messaging accounts, intercept One-Time Passwords (OTPs), to steal sensitive personal and financial data.
According to ngCERT, Tria Stealer spreads primarily through deceptive tactics, such as fake event invitations distributed via popular messaging platforms like WhatsApp and Telegram.
Unsuspecting users are enticed to download an infected (APK) file, often disguised as a harmless system application, to evade detection.
Once installed, Tria Stealer requests extensive permissions, including access to SMS, call logs, and app notifications.
It immediately commences data harvesting activities, sending stolen information to a Command and Control (C2) server operated via Telegram bots.
This trojan spreads through fake links, usually disguised as wedding or event invites, and tricks users into downloading malicious APK files
“Account takeover of messaging platforms. Impersonation of victim for fraudulent money transfer requests. Compromise of banking and financial applications. Identity theft and credential harvesting.”
In plain terms, if your phone is compromised, the consequences could be catastrophic.
Your financial apps are vulnerable, your reputation could be ruined by impersonation and even simple personal messages could be twisted into tools for scams.
Here’s what users should be doing now:
Don’t download apps outside the official Play Store.
Be suspicious of random invites or links, even from people you know.
Turn on 2FA for everything—banking, emails, social platforms.
Get a reputable antivirus and keep it updated.
If you run an organisation, you should already be taking this seriously.
ngCERT’s guidance says you should raise awareness, monitor mobile devices, and not let your team click on unverified links.
“Deploy network monitoring for suspicious outbound connections to known C2 domains,” it said, meaning, keep an eye on every digital door in and out.
This isn’t one of those cases where you wait to see if it affects you. By the time you realise it, it may already be too late.
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