E-Business
UNICCON Group Launches SmartAfri Labs to Drive Africa’s Inclusion in Blockchain

The UNICCON Group of Companies has launched its blockchain technology – SmartAfri Labs, to drive the inclusion of Africans and adoption of the specialized technology in the region.

Speaking during the unveiling, the Chairman of UNICCON Group, Dr. Chuks Ekwueme, shared insightful statistics to illustrate the poor inclusion and adoption of the blockchain ecosystem in Africa.
“Africa has less than a 5 percent stake in the projected $1.1 trillion the industry promises. We have created technology and platforms to drive inclusion by up to 25 percent by the year 2025. Our VR headsets for example are more affordable, and will not exclude poor Africans from using the technology.
“This is inclusion. It is erroneous to view blockchain technology as being crypto. It is much more than that, and that notion should be vacated. We have built this platform, which is a fusion of Web 2.0 and 3.0 and we are keen on being key participants in the 4IR. There is a huge market in our NFT marketplace as Nigerians and Africans from the creative and other industries can tap into it to generate wealth and add to the GDP.”
The novel product, which is the first African blockchain technology, consists of SmartAfri Chain (blockchain node), NFT Marketplace (Create and sell NFTs), SmartAfri Verse (Metaverse), SmartAfri eMarket (fusion of 2.0 and 3.0) and UNICCON VR(locally made and subsidized headsets). The project seeks to increase stakes for Africans, encourage more developers to get into the niche, and overall, to drive massive inclusion.
Speaking during the welcome address, Kehinde Ake, General Manager, UNICCON, stated that SmartAfri Labs offers exceptional levels of security, transparency, and efficiency, granting users the ability to transfer assets, save data, and carry out smart contracts in a decentralized and fraud-proof network.
“We have created this technology to allow Africans to stand tall, raise their heads, spread their shoulders, and take giant strides in an ecosystem that was once alien to them,” he said.
Keynote speaker John Paul Nwobodo, who is an industry investment analyst with Adaverse, spoke about the monumental impact of blockchain technology in a wide variety of industries.
Using the banking industry as a point of reference, “according to the 2021 World Bank report, 66 percent of Nigerians are unbanked, and the banked are being recycled by existing financial services providers.
The cost of cross-border remittance is very high and using blockchain can help reduce these numbers, making cross-border remittances cheaper and defying geographical barriers.”
The company’s Chief Technology Officer (CTO) Eval Esege, presented SmartAfri Labs and took the audience on an experiential journey of what it does, how it works, and its many bundled benefits. “SmartAfri Labs was borne out of the need to create a blockchain ecosystem that represents African values and culture. We have set up a partnership opportunity available from today to allow those who resonate with our vision to join us on this journey.”
The launch had in attendance, representatives from the National Information Technology and Development Agency (NITDA), the Nigerian Computing Society (NCS), Adverse, the blockchain community, and the private sector.
Chris Ebosie, Group General Manager at Uniccon, closed the event with a vote of thanks to appreciate the management, staff, consultants, speaker, guests, press and everyone who contributed to the success of the event. A larger number of the audience joined virtually via YouTube, Zoom, Instagram, Twitter, and Discord.
UNICCON Group has been at the forefront of creating innovative tech solutions to solve problems in Africa. Recall that the company launched the first African humanoid in December 2023. It has also signed an MoU with NITDA, and is currently supporting the Federal Government in deepening digital literacy in Nigeria. This move will see the realization of 95 percent literacy in the country by the year 2030.
E-Business
Government, Industrial Sectors became the Primary Targets for Cybercriminals in 2025 – Report

According to the global report by Kaspersky Security Services ‘Anatomy of a Cyber World’, the government sector has emerged as the most targeted sector for the second consecutive year, accounting for 19% of all high-severity incidents in 2025.

The industrial sector closely followed at 17%, while the IT sector rose to third place with 15%, displacing finance from the top three targeted industries.
The ‘Anatomy of a Cyber World’ is a comprehensive global report drawing on incident statistics from Kaspersky Managed Detection and Response, Kaspersky Incident Response, Kaspersky Compromise Assessment and Kaspersky SOC Consulting.
This report sheds light on the most prevalent attacker tactics, techniques and tools, as well as the characteristics of detected incidents and their distribution across regions and industry sectors.
Building on these findings, the report reveals that government bodies continued to be the most targeted sector in 2025. A deeper examination of the root causes of attacks within this sector uncovers that Advanced Persistent Threats (APTs) were the most common, accounting for 33,3% of incidents.
This trend highlights the increasing sophistication of adversaries who persistently evolve their tactics to bypass automated protection. Additionally, 18,9% of government organisations experienced social engineering attacks, underscoring that employees remain a critical entry point for cyber threats.
This dual vulnerability, from both advanced persistent attackers and social engineering campaigns, underscores the need to strengthen not only technology but also organisational resilience.
Implementing measures such as role-based access control and limiting privileges can significantly reduce the impact of compromised accounts, particularly in large, distributed government environments.
The industrial sector presents a different but equally concerning profile. Threats in industrial environments are distributed with striking uniformity: APT-driven incidents constitute 17,8%, malware 14,9% and social engineering 13,9%.
This pattern suggests that industrial organisations attract a broad range of adversaries with different capabilities and objectives, rather than being primarily targeted by a single type of threat actor. Notably, confirmed cyber exercises like red teaming accounts for 22,8% of incidents in the sector, the highest share among the top three industries, reflecting growing investment in proactive security validation among industrial organisations.
In contrast, the IT sector shows a markedly different pattern. With 41% of incidents attributed to human-driven APT attacks, the highest rate across all sectors, IT organisations are clearly a priority target for sophisticated threat actors seeking to exploit trusted relationships and scale their impact through supply chains.
APT traces, which are artifacts from previous advanced persistent threat activity, were identified in an additional 17% of cases, while social engineering accounted for 11%. In contrast, red teaming represents only 9% of IT incidents, suggesting that proactive security testing remains underutilised relative to the sector’s actual threat exposure.
Interestingly, the finance sector was displaced from the top three targeted industries. According to the report, red teaming in this sector accounts for 36,1% of incidents, reflecting a mature, compliance-driven approach to proactive defence, while confirmed APT activity remains comparatively low at 11,5%.
This pattern indicates that sustained investment in security assessment can effectively enhance a company’s ability to identify vulnerabilities early, avoiding costly breaches and reducing the risk of significant damage to reputation and operations.
“Government, industrial and IT organisations consistently attract sophisticated adversaries because of the strategic value of what they hold, operate and connect to geopolitical intelligence, critical infrastructure and global supply chains respectively. The 2025 data confirms that these attacks are not opportunistic: they are targeted and often aimed at establishing persistent access.
Each of these sectors needs to operate on the assumption that determined attackers will find a way in, and focus their defences on early detection, rapid containment and minimising the window of exposure. So, proactive threat hunting, continuous monitoring and regular compromise assessments are no longer optional for organisations of any size across these industries,” comments Sergey Soldatov, Head of Security Operations at Kaspersky.
E-Business
FCCPC Licenses 5 Firms for Airtime, Data Lending as Telcos Step Aside

Federal Competition and Consumer Protection Commission (FCCPC) has approved five companies to provide airtime and data lending services in Nigeria, following the suspension of such services by mobile network operators (MNOs).

FCCPC
The affected telecom operators, including MTN Nigeria and Airtel Nigeria, had announced the temporary halt of their airtime and data credit services in compliance with new regulatory requirements.
Checks indicate that Globacom and 9mobile (formerly Etisalat Nigeria) have also suspended the services, making it a sector-wide decision among telecom operators.
In a statement, the Federal Competition and Consumer Protection Commission said the newly approved firms include Total Tim Nigeria Ltd., Rane Interactive Medien CLS Ltd., Mode NG Applications Ltd., Cloud Interactive Associate Ltd., and Coverage Broadband Ltd.
The commission said the companies met all requirements under the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025.
It explained that the regulation aims to ensure fairness, transparency, and improved consumer protection within Nigeria’s digital lending ecosystem.
Speaking on the development, Ondaje Ijagwu, Director of Corporate Affairs at the Nigeria Data Protection Commission, said some telecom operators had engaged in exclusionary arrangements in violation of existing laws.
He noted that the framework was introduced to open up the market to both local and international participants in line with free market principles.
Ijagwu added that telecom operators were initially given a 90-day compliance window from July 2025, which was later extended to Jan. 5, 2026, but the required adjustments were not completed within the stipulated period.
A telecom official, who spoke on condition of anonymity, said the new regulatory demands added to existing oversight by the Nigerian Communications Commission, thereby creating multiple layers of compliance for operators.
“Telcos are enablers of other sectors and already fully regulated. Additional compliance requirements from different regulators can be distracting,” the source said.
The official added that operators had opted to step aside temporarily while observing developments, noting that some revenue loss would occur as a result of the suspension.
He, however, said telecom companies would still play a role by supplying airtime to the licensed lenders through commercial agreements.
Meanwhile, subscribers have expressed concern over the suspension of the services, particularly those who rely on airtime borrowing during emergencies.
Some users said the popular USSD code *303# is no longer providing the relief it once offered, describing the development as a setback for many Nigerians facing financial constraints.
Ravenewsonline reports that the FCCPC had earlier set Oct. 31, 2025, as the deadline for digital lenders to register or face sanctions, including a fine of N100 million.
The deadline was later extended to Jan. 5, 2026, to allow for full compliance across the sector.
E-Business
4 Nigerian Startups Selected to Join Milestone 10th Google for Startups Accelerator Africa Cohort

Four Nigerian technology startups – Bani, MasteryHive AI, Regxta, Termii – have been selected to join the 10th cohort of the Google for Startups Accelerator Africa.

Chosen from an exceptionally competitive pool of nearly 2,600 applications, these innovators are part of a final pan-African group of 15 companies. With an acceptance rate of less than 1%, their selection highlights the immense technical talent and resilience emerging from Nigeria’s digital ecosystem.
The selected Nigerian startups are utilizing Artificial Intelligence to address critical local and regional challenges:
Bani : A cross-border payments infrastructure platform eliminating settlement delays for African businesses trading globally.
MasteryHive AI : An AI-native platform automating transaction reconciliation, fraud detection, and AML monitoring.
Regxta : Combines alternative data-driven credit scoring with a hybrid digital-agent distribution model to deliver financial products to unbanked micro businesses.
Termii : An AI-native communications infrastructure platform ensuring reliable financial messaging for banks and fintechs.
African tech founders are actively solving fundamental infrastructural challenges, bridging gaps in financial inclusion, healthcare, and supply chains with complex AI. The continent’s venture ecosystem showed remarkable resilience by raising $3.9 billion in 2025. However, scaling deep-tech solutions requires specialized technical infrastructure, advanced cloud capabilities, and strategic mentorship to complement this capital. Accelerator programs provide these exact tools, ensuring local innovations can sustainably grow into businesses that power the continent’s digital economy.
Gbolade Emmanuel, CEO of Nigeria-based Termii, noted: “At Termii, we’re building AI-powered infrastructure that ensures financial transactions don’t fail, from login PINs to payment OTPs and fraud alerts. The Google Startup Accelerator is helping us accelerate our AI roadmap and scale globally, and even in the first week, access to technical support and insights has been incredibly valuable for our next phase of growth.”
“We are absolutely thrilled to welcome these exceptional founders into Class 10,” said Folarin Aiyegbusi, Head of Startup Ecosystem, Africa. “African startups are driving essential economic growth and social development. Our role is to serve as a supportive partner, providing these developers and founders with the technical infrastructure, mentorship, and global network they need to scale their solutions and amplify their real-world impact.”
Running from April 13th to June 19th, 2026, the hybrid program will provide the 15 startups with dedicated guidance from experienced mentors and industry experts, alongside hands-on technical workshops focused on AI and machine learning.
Since launching in 2018, the Google for Startups Accelerator Africa program has supported 106 startups from 17 African countries, empowering them to collectively raise over $263 million and create more than 2,800 jobs.
For more information on the full list of 15 startups participating in Class 10, please visit the Google Africa Blog at https://blog.google/intl/en-africa/company-news/meet-the-15-startups-joining-the-google-for-startups-accelerator-africa-class-10/.
E-Business2 days agoCIBN Allegedly Hit by 250GB Data Breach
E-Financial2 days agoFlutterwave Dismisses Reported $75m Investment by FG
E-Business2 days agoNigeria @ Risks Losing Digital Control- NiRA
Telecom2 days agoNigeria Moves to Curb Fraud as NCC, CBN Seal Consumer Protection Pact
Telecom2 days agoFCCPC Denies Banning Airtime, Data Borrowing Services in Nigeria
E-Business2 days agoKaspersky MDR Introduces Major Updates, Strengthening Detection and Investigation Capabilities
News2 days agoBOI, RMRDC Seal MoU to Address Agric Value Chain Challenges, Boost Nigeria’s GDP
Broadcasting2 days agoNUJ Accuses NBC of Attempting to Gag Media, Demands Dialogue














