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Accenture Sensitises CIOs on Tech Trends for Business Growth

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Accenture, a global technology solutions provider and consulting company recently sensitized chief information officers (CIOs) in the fast moving consumer goods (FMCG) industry on modern technological trends and how to leverage on them in order to ensure effective utilization for business growth.

This was the crux of the matter at the recent Accenture CIOs forum held at the Sofitel Lagos Moor house, Ikoyi, Lagos where CIOs from the FMCG sector gathered to brainstorm on modern technological trends, what to deploy for enhanced productivity and how to combine legacy technology with latest innovation, as well as mobility, cloud services and big data analytics.

Speaking at the event, Mr. Niyi Yusuf, country managing director, Accenture Nigeria, said the forum was on how Accenture shares its own thought on technology trends which the FMCG companies should be aware of and also take advantage of.

Yusuf said there is a lot of technology trend in the environment which includes social, mobile, analytics and cloud (SMAC) that companies in the sector can leverage on for better performance, and that coupled with the large population and high rate of mobile and Internet penetration in Nigeria, these organizations stand a good chance of adopting new trends for business growth.

“We are the second largest country in the world where people access Internet on their mobile phones and what does that portend for a company in the FMCG sector, it boosts interest and it is also an opportunity. If you have a workforce that is mobile, also consumers that are mobile, you need to be mobile, to be where your customers are, as lots of Nigerians are on Yahoo, Google, Facebook and other social media platform, and if a consumer has bad experience about a product he can post it on the social media and it would spread wide. 

“So it is an opportunity for FMCG companies to be social and also be able to respond, and another advantage is that lot of companies would be able to sell their goods and services on the social media,” he stated.

According to him, having done that, it is also an opportunity for those companies to have information about their goods and services, an opportunity for them to track their goods, which stock keeping unit (SKU) is moving, and that it is real time information online which is data analytics.

“So analytics enables them to know which consumers buy and do not, and then they can track online, and because most of the consumers are mobile and sales are online, they will be able to know the location where sales is high and low, and the products that are purchased,” he said.

The Accenture boss however affirmed that the forum enables the CIOs to note these trends and to respond to them.

He added that the social media and technological platforms would help them increase the revenue of the FMCG companies, as well as reduce their cost of operation.

Yusuf explained that Accenture helps them to think through what they need to do and assist them on how to implement the technologies.

However during the online presentation, Mr. Shyam Ranchod, digital transformation lead, Products, and Tielman Botha, senior manager, Mobility Services Lead, both of Accenture South Africa, amongst others spoke on how FMCG companies can adopt technology in a digital era.

Botha explained that in Africa, Internet access is all about mobile and that if companies place emphasis on it, they can easily connect with their customers.

Ranchod in his presentation affirmed that in 2015, it is no longer enough to see companies adopt technology, but should look at it in a local way to suit their operating environment, to meet customers’ needs.

He stated that in the digital era, businesses are required to extend their boundaries in order to survive, by leveraging on key concepts such as the Internet of me, the use of big data analytic; outcome economy which is the use of machine to machine (M2M); platform (r) evolution which is related with open source and Internet of things (IoT); and intelligence enterprise which is the use of machine intelligence in both software and hardware.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

E-Business

FG Plans to Make 95 Percent of Nigerians Digitally Literate by 2030

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Federal government has announced its plans to achieve 95 per cent digital literacy among Nigerians by 2030, with a specific target of training and empowering at least 30 million citizens by 2027.

FG Plans to Make 95 Percent of Nigerians Digitally Literate by 2030

The announcement was made on Thursday at the grand finale of the Digital for All Challenge 2.0, an initiative of Tech4Dev funded by the UK Government’s Digital Access Programme and implemented in partnership with the National Information Technology Development Agency (NITDA).

Kashifu Abdullahi, director-general, NITDA, represented by Aristotle Onumo, director of Stakeholder Management at the agency, said that over 30 million Nigerians, particularly in rural areas, are being targeted for training, with digital champions deployed nationwide to facilitate the programme.

“We are integrating digital literacy into school curricula nationwide, from primary to university level, and partnering with the Head of Civil Service to make digital skills a requirement for civil service progression,” Onumo said.

He added that NITDA aims to achieve 70 percent digital literacy by 2027 as a foundation for reaching 95 percent by 2030.

Onumo called on stakeholders to work together, stressing that digital literacy is for everyone — the young, the old, the employed, job seekers, traders, civil servants, and others.

In her welcome remarks, Mrs. Oladiwura Oladepo, Co-Founder of Tech4Dev, described the initiative as a national movement to deepen digital knowledge and inclusion across all levels of society.

She noted that the programme has already impacted over one million Nigerians drawn from all six geopolitical zones.

Oladepo said the Digital for All Challenge 2.0 is not just a competition but a movement to unlock opportunities and close the digital divide for individuals, families, and the nation.

Representing the British High Commission, Mr. Idongesit Udo, Digital Access Programme Adviser, praised the initiative for creating opportunities for young Nigerians to compete globally, enabling civil servants to deliver better services, and helping children begin their digital journey early.

He highlighted the UK’s broader partnership with Nigeria, which includes initiatives in cybersecurity (Africa Cyber Programme), standardization (British Standards Institute), and entrepreneurship (UK-Nigeria Tech Hub), all aimed at fostering a thriving digital economy.

At the event, participants from all six geopolitical zones competed in various categories.

The first prize winner, Miracle Michael, received N15 million. The second prize went to Chinedu Arisa, who received N12.5 million, while Ismail Adam and Uluchi Chibueze received N10 million and N7.5 million respectively.

Nkeiruka Onyejeocha, minister of State for Labour and Employment, who presented the awards, commended the initiative for equipping Nigerian youth with future-ready skills.

She emphasised that digital literacy is vital not only for job creation but also for national development, and encouraged more young people to take part in programmes of this nature.

 

 

 

 


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NDPC Raises Alarm on Chrome Vulnerabilities, Urges Nigerians to Secure Devices

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Nigeria Data Protection Commission (NDPC) has issued an urgent security advisory, warning Nigerians of critical vulnerabilities in Google Chrome that could expose users to severe cyber threats.

NDPC Raises Alarm on Chrome Vulnerabilities, Urges Nigerians to Secure Devices

The alert, posted on the Commission’s official X handle, underscores the risks of these flaws and calls for immediate action to safeguard personal devices and data.

According to the NDPC, the vulnerabilities could allow attackers to execute arbitrary code on a user’s system, potentially granting unauthorised access to computers.

This could enable cybercriminals to install malicious programs, view, alter, or delete sensitive data, and even create new user accounts with full administrative rights.

Such breaches could disrupt device functionality, compromise personal information, and lead to significant loss of control over affected systems.

“Multiple vulnerabilities have been discovered in Google Chrome. The most severe of these could allow an attacker to take over a user’s system,” the NDPC stated, emphasising the urgency of addressing the issue.

To mitigate these risks, the Commission has advised Chrome users to apply the latest browser updates immediately.

It also recommends operating devices with standard user rights instead of administrative privileges to limit potential damage. Additionally, the NDPC urged Nigerians to exercise caution by avoiding suspicious links, unsolicited attachments, and untrusted websites.

The advisory comes as part of Nigeria’s broader efforts to strengthen data protection.

 


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Microsoft Seizes 340 Websites Linked to Nigerian-based Phishing Subscription Service

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Microsoft said on Tuesday that it seized nearly 340 websites tied to a rapidly growing Nigerian-based service that allowed users to carry out phishing operations that stole at least 5,000 Microsoft user credentials.

Microsoft obtained an order from the U.S. District Court in Manhattan earlier this month to seize domains associated with Raccoon0365, the subscription service that allowed users to carry out massive phishing campaigns, which sometimes involved thousands of emails at a time, according to Steven Masada, assistant general counsel for Microsoft’s Digital Crimes Unit.

Raccoon0365’s service, which operates through a private Telegram channel with more than 850 subscribers, enables users to impersonate trusted brands and get targets to enter Microsoft login credentials on phony Microsoft login pages, Masada said in a blog posted on Microsoft’s website.

The service has generated for its small group of operators at least $100,000 in cryptocurrency payments since launching in July 2024, Masada said in the blog. Microsoft said the seizure of the websites occurred over a period of days earlier this month.

Microsoft identified Nigeria-based Joshua Ogundipe as the leader and main operator of Raccoon0365.

Ogundipe did not immediately respond to an email request for comment sent to the email address identified by Microsoft in its court filing.

“Cybercriminals don’t need to be sophisticated to cause widespread harm,” Masada said. “Simple tools like Raccoon0365 make cybercrime accessible to virtually anyone, putting millions of users at risk.”

Raccoon0365 subscribers have targeted a wide swath of industries, Masada said, and separate court filings allege that “a significant portion” of Raccoon0365 activity targets organizations based in New York City.

Masada said Microsoft identified what it said was a Raccoon0365-related effort using tax-themed phishing emails to target more than 2,300 organizations, mostly in the U.S., between February 12 and February 28 this year, according to a company blog posted in April.

Errol Weiss, chief security officer of the Health Information Sharing & Analysis Center (Health-ISAC), which provides cybersecurity services to member health organizations and is a co-plaintiff alongside Microsoft, said Raccoon0365 has been linked to successful credential harvesting through phishing campaigns at at least five unnamed healthcare organizations, while targeting 25 health sector organizations overall. Once hackers gain that access, any number of things can happen, Weiss said.

“So many of the attacks start because somebody gave up their user name and password to a bad guy,” Weiss said in an interview. “Once that cybercriminal has access to the network, then it’s just up to the imagination in terms of what comes next and how they monetize it.”

The Raccoon0365 operators used services provided by Cloudflare to help hide the service’s backend infrastructure, the internet services firm said in its own blog post. Cloudflare worked with Microsoft and the U.S. Secret Service to disrupt Raccoon0365 operations on its platform and prevent the operators from establishing new accounts, the company said.

Blake Darché, the head of threat intelligence at Cloudflare, said in an interview that the Raccoon0365 operators made some key operational security mistakes but were highly effective.

“They’re in people’s accounts, they compromise lots of people, and it needs to obviously be stopped,” he said.

 


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