E-Business
Dangote Extends SAP Relationship as it Drives Growth Agenda
Dangote Group, West African-based industrial conglomerate, has extended its relationship with SAP, market leader in enterprise application software, by signing a deal to use SAP’s OpenText ECM (enterprise content management) and Invoice Management offerings on top of its existing SAP infrastructure.
Dangote Group was founded by Aliko Dangote, Nigerian billionaire and its interests include steel, cement, real estate and telecoms. T
he Group generated revenues of more than $2.6billion in 2011 and includes four companies that are listed on the Nigerian stock exchange.
It operates in 14 African countries, and is on an aggressive expansion drive across the continent, with plans to double its cement output, thereby positioning Nigeria has the largest cement producer in the world.
Dangote’s relationship with SAP dates back to 2005. As part of Dangote’s drive to modernise all its systems and business processes to support expansion into new markets across the continent, and to lay the groundwork for a potential listing on the London Stock Exchange in 2017, in 2012 Dangote signed a three-year deal with SAP to use the SAP Business Suite to increase transparency and efficiency across the group.
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The new solutions are expected to accelerate Dangote’s move from manual-based systems to one that is more integrated, automated and transparent.
“Dangote is the first company in West Africa to use SAP’s OpenText ECM and Invoice Management solutions, highlighting its leadership amongst African companies who see the wisdom of leveraging IT effectively to further their business objectives, in this case with world-class records management and governance, said Prasanna Burri, MD of DANCOM.
“Ours is the first company in Nigeria to have an agreement of this nature that spans across several other African countries including South Africa, Senegal and Ghana. Partnering and co-innovating with SAP is helping us drive further efficiencies in our operations and deliver best-in-class products for our customers.”
The OpenText Extended ECM and Invoice Management solutions provide easy access to all customer data and documents, which significantly increases the quality of data while promoting more productivity and business continuity, all resulting in internal cost-savings and efficiencies.
SAP Africa CEO, Pfungwa Serima, said the relationship with Dangote highlights the growing demand for enterprise management software in Africa as forward-looking companies leverage IT to modernise their business systems in preparation for expansion. He added that SAP’s HANA real-time analytics platform and cloud platform were also starting to gain traction across the continent as companies looked to take advantage of the boom in resources and the significant trends of urbanisation and consumerisation
E-Business
Kaspersky Cybersecurity Experts Warn of Evolving Holiday Scams
With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains.
Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified several prominent scams targeting consumers across various regions and languages.
Fake holiday shops
Deceptive online stores mimic the look and feel of legitimate e-commerce sites, offering seasonal items such as decorations, gifts, and even trees at steep discounts.
These sites often appear highly localised, adapting their language and currency based on the user’s geographic location, leveraging data extracted from browsers.
Victims typically encounter these stores by following links in ads or pop-ups.
These sites aim to steal funds. Often, these fraudulent stores exist only for a short period, as they get flagged by the vendors of goods.
Free mobile data offer
This scam plays on the allure of free services, claiming to provide free mobile data valid across all major telecom providers.
In order to receive the free data, victims are required to share the promotion link with 10–15 contacts via WhatsApp, ensuring the scam spreads exponentially.
After sharing, victims are prompted to enter their personal details — name, phone number, and email — into a form.
The collected data is then sold on the Dark Web or used in other fraudulent activities.
In some cases, victims unknowingly download malware that compromises their devices, leading to further exploitation.
Holiday payments on behalf of government agencies
Fraudsters impersonate government authorities, promising fictitious payments in celebration of the holidays.
This scam has been reported in several African countries, including Kenya and Nigeria.
To receive payment, victims are directed to fill out a survey which requires personal details like name and phone number.
Once the survey is completed the user is asked to share the link to the announcement with their connections via WhatsApp.
These details are collected and added to fraudulent databases, then sold to third parties or used for phishing attacks and identity theft.
This scam exploits trust in government systems and the festive spirit of giving.
Christmas recipe scam
This scam begins with a seemingly harmless email promoting a holiday cake recipe.
Victims are encouraged to pay a small fee to access the recipe.
Once payment is made, the victim’s credit card information is stolen. The fraudsters also collect other personal information essential for accessing banking services.
“Holiday scams are not a new phenomenon, but they have evolved to become increasingly sophisticated, leveraging regional traditions and technology to exploit unsuspecting victims.
The rush of the holidays makes people more vulnerable — they’re distracted, eager to grab a deal, or trust promotions that align with festive themes. Cybercriminals are not just stealing money — they’re building massive databases of personal information that fuel future fraudulent schemes.
The holiday season is a time for joy and giving, but users need to remain vigilant to ensure they’re not unknowingly giving fraudsters the tools to exploit them further,” said Olga Svistunova, Senior Web Content Analyst at Kaspersky.
E-Business
Hackers Seize NBS Newly Redesigned Website
Cybercriminals have persisted in targeting Nigerian government websites, with the most recent attack on the National Bureau of Statistics (NBS).
The NBS confirmed the development in a brief statement posted on its X (formerly Twitter) account
It said that its newly redesigned official website has been hacked.
The NBS disclosed the incident and assured the public that efforts are underway to recover the website.
It urged the public to disregard any messages or reports posted until the full recovery of its website.
The statement on X read: “This is to inform the public that the NBS website has been hacked, and we are working to recover it. Please disregard any message or report posted until the website is fully restored.”
The NBS plays a vital role in Nigeria’s development, serving as the official statistical agency responsible for collecting, analyzing, and disseminating statistical data on the country’s economy, governance, and development
This marks the latest in a series of attacks on Nigerian government websites, a trend that has been ongoing for some years.
From government ministries to officials, cyberattacks in Nigeria have surged to alarming levels, with even financial institutions falling victim.
The Nigerian Communications Commission (NCC) and National Information Technology Development Agency (NITDA) frequently issue warnings of cybercriminals targeting individuals, government entities, banks, and telecom companies.
E-Business
Hisense Electronics Unveils Flagship Showroom in Abuja
By Fabian Tarpael, Abuja
Hisense electronics unveiled a flagship showroom in Abuja over the weekend. Speaking at the event, Mr. Mustapha Khries, the Abuja Branch Manager of the Fouani Group, highlighted the significance of the flagship store, describing it as the first of its kind in the entire West African region.
He also addressed the challenges facing businesses in Nigeria, particularly the high exchange rates and transportation costs.
“The Fouani Group remains resilient and ready to overcome challenges, unlike others who often exit the market when faced with similar issues.”
Ms. Haifa Du, Senior Sales Manager for Hisense Electronics, emphasized the brand’s commitment to affordability and innovation, stating that Hisense offers the most cost-effective and advanced solutions in the market.
The event underscored Hisense’s dedication to technological innovation and sustainability while reaffirming its leadership position in the consumer electronics market.
Mr. Robbin Wei, Senior Sales Manager of Hisense Group, supported by Mr. Greg and Ms. Haifa Du, showcased various innovative products from the new flagship store.
Among the standout products showcased include; The Hisense 110″ Smart Ultra AMOLED TV, featuring unique capabilities such as a solar-powered remote control and a “locate remote” function to find misplaced remotes easily.
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