E-Business
The Benefits of Backup as a Service (BaaS)

Backup as a Service (BaaS) is a solution that allows you to keep copies of your data in the cloud and call them back when you need to use them. It’s storage, but one that’s done on the cloud.

It’s also potentially unlimited, but you only pay for the storage space that you use. And this is just one of the many attractive things about it.
This article takes you through some of the advantages of this technology, and how you could benefit from having it.
Why Backup as a Service?
We are generating more data than we have ever done. Businesses, for instance, are recording customer and transaction information, digitizing payroll, and supporting their operations with virtual tools. This is happening globally; the sum of data that’s being created as a result is mind-boggling.
The entities that generate all this material—whether they are individuals or organizations –may want to store them somewhere. They could need them to use their material in the future.
Traditionally, we kept our data in hard drives, solid-state drives, and tape drives. These were sufficient when we produced a fraction of the data we churn out today. But as our world became more dependent on digital technology, businesses have shifted away from on-premise storage solutions to the off-premise cloud.
Cloud storage is represented physically by data centers, often run by third party companies. These ‘cloud service providers’ allow their client businesses to store their data on its servers, through virtual storage applications. An example of a cloud service provider in Nigeria is Layer3.
Unlike the older solutions, the cloud offers you potentially limitless storage. And that’s the most important reason why businesses are adopting BaaS.
How Backup as a Service Works
You probably know what a backup means. It’s saving copies of data somewhere so you can retrieve them if the other copies are lost.
The “as a Service” component means that it’s backup that you can purchase. You could pay for backup capacity that suits your needs. There’s no fear that your service provider will run out of it, so you can always scale up your backup capacity if you’re able to pay for it.
BaaS becomes useful when there’s been a loss of data. This could happen due to human error, power outage, a natural disaster, or even a cyber-attack. If you don’t have backup for your files before any of these things happen, you risk losing them permanently. But if you have backed up your files, you’ll still be able to access them even if they are removed from your systems.
Cloud service providers also help you with Disaster Recovery, which allows you to get your data and applications running again within a few minutes of losing your first copies.
What You Can Enjoy With BaaS
- Unlimited Storage
Hard drives have limited storage capacity. This is a drawback for organizations that produce huge amounts of data that they need to backup. The cloud doesn’t have this problem.
In 2018, there were about 33 Zettabytes (33 trillion gigabytes) of data housed in the global cloud. That’s a lot more than all the information stored on every device on the planet, combined. By 2025, we could have up to 125 Zettabytes of data on the cloud. And we’ll still be able to host more on it afterward.
- Pay as You Use
You may set up onsite storage and wind up using just a fraction of its capacity. This would mean that you have spent more money per unit storage than you should have. It’s the sort of loss you may encounter if you’re using on-site storage hardware.
The cloud lets you avoid this sort of thing. You can scale up or scale down your BaaS capacity very quickly; all you’ll need is to pay the commensurate fee for the scale of service. This can save you a lot of costs, and free up resources that you can allocate elsewhere in your business.
- Managed Service
What BaaS does is hand the maintenance of storage to another party. But they are not just ‘another party’. Cloud service providers like Layer3 are experts at what they do. They can draw on their experience with the cloud and IT infrastructure when they manage your storage.
This is more cost-effective than handling your storage in-house. You won’t have to spend a lot of money hiring extra IT staff or training existing employees to manage storage equipment.
- Easier Data Recovery
It could take you days to recall data that you have stored on your hard drive. You will need much less time to retrieve the same amount of data from the cloud. And if you’re using Disaster Recovery, it will take you only a few minutes to get your lost files back up.
This could be the difference between your business operating at a fraction of its capacity for a week or more and running smoothly even when there’s been a major disruption.
- Support
If you encounter issues with your backup, you can always ask them to help you resolve them. And if you have any questions about how the service works, you can contact them for answers as well. Traditional storage doesn’t come with these added advantages.
Conclusion
Without adequate backup for your files and applications, you risk losing them forever. It’s a risk you shouldn’t take if you want your operations to run smoothly.
Layer3 provides remote backup service to several organizations in Nigeria. This BaaS solution allows clients to choose their preferred backup location and also secures their data so that it remains accessible to them. When disaster strikes and onsite data are lost, they can always retrieve them from our cloud, quickly, and with little effort.
If you would like to boost your organization’s storage capacity with cloud storage, you can reach out to us, and we’ll get it done for you. Contact us here to request a demo.
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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