Telecom
Mobile Banking, New Target For Cyber Criminals in West Africa
Participants at this year’s National CyberSecurity Awareness Month, organized by United States Consulate in partnership with International Centre for Leadership Development Nigeria, believes that globally, Cyber risk is now firmly at the top of the international agenda as high-profile breaches raise fears that hack attacks and other security failures could endanger the global economy.
Mr. John F. Bray, US Consul General, Speaking at the event said that the Cybersecurity Awareness is a collaborative effort between government and industry to encourage individuals to protect their computer and that the awareness is on its 14th yea.r
.
He noted, that the Department of Homeland Security created this ongoing Cybersecurity awareness campaign, called Stop.Think.Connect, which is a national public awareness campaign designed to raise awareness of cybersecurity and to be more vigilant about practicing safe online habits.
He added that, with the number of internet users growing daily, law enforcement officials expect the number of victims to increase as well as the value of their losses
Mr.Bray stated that, Cybersecurity Ventures predicts that the global community will lose more than $6 trillion annually by 2021 to cybercrime.
“Without good cybersecurity in place, experts estimate that nearly half of the entire G-20 economy will be lost to cybercriminals.
“The “Internet of Things (IoT)” will continue to increase the amount of crimes we see.
“Internet of Things” is the technology used in Bluetooth and Wifi devices in homes (i.e. refrigerators, dishwashers, and microwaves).
“These devices can be hacked and used in a malicious manner to cause serious harm.
‘Cyber Awareness is everyone’s responsibility.
“International cooperation and information sharing are key to the successful mitigation of cyber-attacks” He stated.
Mr. Rolland Avedician, Legal Attache, United States Consulate, says mobile banking is now target for cyber criminals.
Speaking on the topic “Cybercrime in West Africa” Avedician, said, “The World Wide Web (WWW) has allowed criminals to operate across borders and that these criminals are between the ages gap of 19 to 29, a statistic from FBI and Interpol on West Africa.
“These cyber criminals in West Africa are operating in an organised and well sophisticated way due to the fact that they take classes and discuss what the law enforcement agencies are doing to checkmate them.
“They are now looking for the most vulnerable targets and mobile banking is now the target of cyber criminals.
“These criminals in West Africa are becoming more knowledgeable with their mobile device to perpetuate the crime,” he stated.
Mr Olatunji Igbalajobi, Chief Operating Officer, Cyber Code Ltd, said that cyber ethics should be the moral behaviour of internet usage.
Igbalajobi, said this while speaking on the topic “Cyber Ethics”, urged the public to understand the moral implications of what they do online.
“There is need to understand the basic role of information security and the need not to share confidential information about family and business online.
“One needs to have a secure password, build cyber security resilience system, pay attention to critical vulnerabilities, avoid cyber stocking and virus propagating,” he said.
He listed some tips that would aid in improving cyber security safety in the workplace as to follow the department cyber security policies and procedures.
He noted that people should learn to properly mark, handle and disseminate classified information, and look for warning signs for insider threats and take advantage of diplomatic security training centers.
He also advised that a good password should be one that was long, complex and temporary, adding that a different password should be used for each device.
Telecom
SAIL and MTN Foundation Equip 4000 Teachers with Digital Learning Strategies
SAIL Teachers Fellowship Program recently celebrated a milestone graduation, equipping 4000 teachers with innovative teaching techniques to transform Nigerian classrooms.
The program, organised through a collaboration between the SAIL Empowerment Foundation and MTN Foundation, represents a groundbreaking effort to transition educators from traditional methods to inquiry-based and digital learning strategies.
This year’s fellowship, a hybrid initiative engaging over 4,000 teachers from a pool of 15,000 applicants, culminated in intensive training sessions and certifications for 400 outstanding participants. These educators were introduced to tools like Canva, and advanced classroom management strategies designed to address the unique challenges of Nigerian classrooms.
During the graduation event in Lagos, MTN Foundation’s Executive Director, Odunayo Sanya, emphasised the Foundation’s 20-year legacy of impactful initiatives, with investments totalling over ₦30 billion across health, education, and empowerment sectors. Sanya underscored the Fellowship’s transformative role in shaping the nation’s future through teacher development.
Sanya challenged the teachers to become change-makers. “The knowledge you have gained is not for you alone. You are expected to empower other teachers and uplift your students, ensuring the impact of this training spreads beyond you.”
Senator Tokunbo Abiru, co-founder of the SAIL Empowerment Foundation, echoed this sentiment, highlighting the program’s vision to empower teachers as change agents within their communities.
Abiru called for continued partnerships to expand the program’s reach and ensure its sustainability. “The Teachers’ Fellowship has grown to about 6,700 teachers thanks to the incredible support from MTN Foundation,” he said.
The event also featured the unveiling of the MTN Foundation’s legacy publication, Yellow Impact: 20 Years Stronger, a testament to two decades of impactful interventions. As both organizations reiterated their commitment to the program, they underscored the importance of collective effort in shaping the future of education in Nigeria.
With plans to expand the program in the coming year, the MTN Foundation and SAIL Empowerment Foundation continue to inspire hope and transformation in the education sector.
Telecom
AfriTECH 4.0: QNET’s Biram Fall Advocates for Financial Inclusion in Africa
Mr. Biram Fall, the Regional General Manager, QNET Sub-Saharan Africa, has said that with over 350 million unbanked adults, there is a significant potential of financial inclusion and digital solutions for Africa, and a vast opportunity to expand access to financial security, event through electronic commerce (eCommerce).
Speaking as a lead presenter at the recent Africa Tech Alliance Forum (AfriTECH 4.0) held in Lagos, Fall stated that financial inclusion transforms lives by providing essential financial tools like savings accounts, credit, and insurance, which foster economic independence.
He referenced the International Monetary Fund (IMF) which highlights the role of financial services in strengthening economic resilience and reducing inequality, making them crucial for African socio-economic progress.
Speaking on the theme, “Harnessing Fintech Solutions for Financial Inclusion & eCommerce Growth,” Fall highlighted Africa’s opportunity to empower the 350 million unbanked adults by providing access to essential financial services.
“The demand for financial inclusion aligns with a projected $75 billion e-commerce market in Africa by 2025, driven by rising internet access and smartphone adoption.
“However, limited banking infrastructure and high cash dependency hinder digital engagement,” he said.
Fall who made reference to the United Nations Conference on Trade and Development (UNCTAD), noted that digital payments can unlock significant revenue for small businesses and expand e-commerce by making digital platforms more accessible and trusted.
“Digital payment solutions like mobile wallets simplify transactions and build trust in digital platforms.
“The African Development Bank recognizes that increased accessibility of financial products boosts consumer confidence in digital payments and enhances participation in e-commerce,” Fall said.
He disclosed that QNET’s initiatives, such as its “Fit Green” financial literacy programme, have trained over 1,500 young Nigerians, promoting financial self-sufficiency and entrepreneurship through an e-commerce-driven direct-selling model active in over 100 countries.
“Our e-commerce driven direct-selling model provides income-generating opportunities in over 100 countries, promoting entrepreneurship and self-sufficiency in low-income regions. True progress requires collaboration.
The QNET regional manager emphasized the need for cross-sector partnerships to bridge Africa’s infrastructure gaps, expand digital financial services, and build an inclusive financial landscape.
QNET’s mission, according to Fall, is to use technology and partnerships to make financial inclusion and e-commerce key pillars of progress across Africa, empowering individuals and fostering economic growth for underserved populations.
Telecom
Trendships: How Instagram is Redefining Social Communication
Instagram has launched a regional campaign to celebrate a form of connection emerging through Direct Messages (DMs).
Recognizing how the act of sharing relatable memes and light-hearted content with friends, family and acquaintances is evolving into a unique vehicle of social communication and bonding across all ages, Instagram is coining a new term, Trendships.
A combination of “friendships” and “trends”, Trendships captures how Instagram users leverage playful or meaningful content to stay closer to distant loved ones, express complex emotions, and even navigate cultural trends.
The phenomenon gained traction with the launch of Instagram Reels and has rapidly become a bridge for individuals to communicate, engage and stay in touch.
“Trendships is not about sharing popular or viral content; it is about creating community over shared experiences and interests,” said Nada Enan – Head of Communications, Middle East & North Africa, Meta.
“People are exchanging content that resonates, from humorous memes to motivational Reels, redefining how people nurture intimate connections, exchange values and, in many cases, let loved ones know they are thinking about them with just a few taps. It underscores how social platforms are increasingly pivotal to building community in our daily lives and evolving how we communicate in the digital era.”
Trendships anchor on the simple act of “sharing” – through Reels, GIFs, videos, or memes – via DM. According to the latest stats from Meta, people reshare Reels over 3.5 billion times every day reinforcing how prolifically the platform is used to communicate and engage.
Embracing the new term, Instagram has partnered with popular comedy creator, Maraji and media platforms like KraksTv, Zikoko in Nigeria to spread the word about Trendships with their creativity.
The #WhatsYourTrendship campaign was revealed with fun, lighthearted content from Maraji, Zikoko and KraksTv showcasing their favourite trendships on Instagram.
- E-Financial3 days ago
UBA Group Sets Foot in France with Full Banking Services
- Broadcasting3 days ago
TETFund Suspends Foreign Scholarships Due to Rising Costs and Abscondment
- News3 days ago
Stanbic IBTC Asset Management Unveils Anti-scam Measures to Protect Mutual Fund Holders
- E-Financial3 days ago
MoneyMaster Promotes Financial Inclusion, Offers more Bonus to Customers
- E-Financial2 days ago
CBN Fines 29 Banks N15Bn for Violation of Money Laundering, Terrorism Financing Regulations
- News3 days ago
Verve Partners Ali Express On Seamless Cross-Border Shopping
- Uncategorized3 days ago
NAICOM Signs Agreement with NDPC on Data Protection in Insurance Sector
- Uncategorized3 days ago
Zuckerberg’s Mar-a-Lago Meeting with Trump: What It Means for Tech