E-Business
Edo Partners Microsoft, Siemens, Others to Launch Innovation Hub

In an effort to equip youths with skills and expertise to drive inclusive growth and development, the Edo state government, through its skills development arm, Edojobs, is set for the launch of the first ever state-backed innovation hub to activate and drive the state’s fledgling technology ecosystem.
Set for launch on June 14, the hub would be run in partnership with Nigeria’s leading technology-based organisations, such as Siemens, Tech4Dev, Microsoft, Impact Hub, Curators University (an American University), HotelsNg, among others.
It will train over 1,000 youths will be trained based on their interest in data management, programming, basic digital skills, and artificial intelligence.
The hub, to be known as Edo Innovation Hub, is to be located at the Institute of Continuing Education (ICE) in Benin City, which is currently being renovated.
Governor Obaseki said “the innovation hub would serve as a facility for training youths in the state and it would also serve as a center for follow-up training for youths who are participating in similar training programmes organized by the state government through its skills development arm popularly known as EdoJobs.
“Services on offer by the firms include an incubation and pre-incubation programme, acceleration programme, business clinics and co-working facilities.”
He added that the “Innovation Hub would be equipped with thousands of computers supported with high-speed connectivity.”
The innovation hub is expected to play a major role in facilitating the realization of Obaseki’s campaign promise to put an end to unemployment in Edo State by providing 200,000 jobs.
Mrs, Ukinebo Dare, head, EdoJobs, and Senior Special Asistant (SSA) to the Governor on Skills Development and Job Creation, said that the innovation hub would open up the space for the development of critical manpower for Edo’s burgeoning investment climate.
She noted that efforts are being made to ensure that the state integrates and benefits from the gains of a digital economy, which is why digital literacy features prominently in the offerings of the different programmes at the cluster.
According to her, “There is a focus on Micro, Small and Medium Enterprises (MSMEs).
Small and Medium Enterprises development is key for us as they have the potentials to engage a higher number of people.”
She noted that the hub has a number of programmes that are designed to help small businesses scale up and plug into the digital economy.
According to her, “We have several programmes in place to work with SMEs to incubate start-ups and develop them and assist them to grow.
All of these form the strategy in place to create jobs.” She said the Pan Atlantic University is also expected to come in and with an SME tool kit boot camp for entrepreneurs to better prepare them for wealth creation.
Other programmes on the lineup are those of Prof. Laura Kinnard of Drake University, United States of America (USA), who would train executives on leadership, organisational behavior, management and marketing.
Impact Hub will create a co-working space and incubation center where individuals can interact with other start-ups; Curators University, will teach Edo youths the rudiments of data science and artificial intelligence,
E-Business
Firm Finds Leaked Netflix, Roblox and Discord Accounts Registered on Corporate emails

Employees may also use corporate emails to register for personal accounts on marketplaces and social media, increasing the risk of account theft and corporate security breaches, according to a study by Kaspersky Digital Footprint Intelligence.
Kaspersky shares these findings and suggests key cybersecurity practices to mitigate the risks of credential leaks.
Kaspersky experts analysed compromised credentials leaked on the dark web between 2019 and 2024 for three popular entertainment platforms: Roblox, Discord and Netflix. The analysis revealed that, on average, 7% of users whose accounts were leaked had registered on these platforms using a corporate email address.
“Registering on various services for personal use with a work email is not best practice. First, you may lose access to these accounts if you change jobs. Second, it can pose security risks for both you and your company.
“If your passwords follow a predictable pattern across different services – for example, ‘Word2025!’, where ‘2025’ is a recurring part – it increases the likelihood of other accounts being compromised, including your work account, should your corporate email be exposed in a dark web leak,” explains Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.
Kaspersky experts also found that bank employees most commonly registered their work email addresses on streaming services, marketplaces and social networks. In a few cases, corporate emails were also used as logins on gaming platforms and adult content websites.
Corporate email usage on entertainment platforms: statistics from a sample of 50 banking sector companies.
To conduct this study, experts compiled a sample of 50 banking sector companies and examined compromised credentials leaked on the dark web, identifying those linked to the corporate domains of these companies across five categories of popular platforms.
Learn more in the report. In light of this growing infostealer threat, Kaspersky has launched a dedicated landing page to raise awareness of the issue and provide strategies for mitigating associated risks.
If you encounter a data leak through infostealers, the following steps should be taken immediately:
- Change compromised account passwords and monitor for suspicious activity associated with those accounts.
- Run full security scans on all devices, removing any detected malware.
- Companies are recommended to monitor dark web markets proactively to detect compromised accounts before they pose risks to customers or employees. A detailed guide on setting up monitoring can be found here. Leverage Kaspersky Digital Footprint Intelligence to track what cybercriminals know about your company’s assets, identify potential attack vectors, and implement protective measures in a timely manner.
- As an enterprise, implement a security awareness program for employees, including regular training and performance assessments. Enforce a strict password policy for all corporate resources to reduce the risks of encountering credential-related cyber threats.
E-Business
NDPC, Mastercard Partner to Strengthen Data Protection

Nigeria Data Protection Commission (NDPC) has signed a Memorandum of Understanding with Mastercard to enhance data protection in Nigeria.

Dr. Vincent Olatunji, commissioner, NDPC and Derek Ho,deputy chief privacy officer, Mastercard
The agreement was sealed during a workshop where 150 Data Protection Officers (DPOs) were trained on Data Protection Impact Assessments (DPIAs).
Dr. Vincent Olatunji, commissioner, NDPC, said the event kicks off activities for the 8th NADPA conference, highlighting government efforts to train more certified DPOs.
Olatunji also disclosed the Federal Government’s commitment to increasing the number of certified DPOs with the required skills to manage data protection.
He noted that Nigeria’s digital-savvy youth are key to driving this agenda.
“Human capital is really key to us, and the ecosystem we are regulating is very special. It is still new, still emerging, and we need all we can to build the capacity of officers.
“We want to build the capacity of our people so we can be able to deliver on our mandate and fully deepen privacy in Nigeria.
“We are targeting to build the capacity of 250,000 DPOs annually, and we are working with partners like Mastercard to achieve that,” he said.
Derek Ho,deputy chief privacy officer, Mastercard, also stressed the need for collaboration to build trust in the digital economy and urged participants to embrace training as data protection keeps evolving.
E-Business
CSCS Launches *7270#, USSD Code Service

Central Securities Clearing System PLC (CSCS) has announced the launch of *7270#, its Unstructured Supplementary Service Data (USSD) code service, set to go live on May 8th, 2025.
The USSD code service is an innovative solution designed to enhance the ease and accessibility of investment services for all users.
Also, this service leverages the network capabilities of MTN Nigeria to bring unparalleled convenience to investors.
Driven by a relentless commitment to innovation, CSCS aims to revolutionize information access within the Nigerian capital market through this USSD code service.
As the Central Securities Depository (CSD), CSCS focuses on enhancing investor experiences and providing deeper market insights with unparalleled convenience.
The CSCS USSD code service offers seamless access to essential market information directly from mobile phones, eliminating the need for internet connectivity or specialized trading platforms.
Investors can now effortlessly retrieve Clearing House Number (CHN), check Direct Cash Settlement (DCS) status, view stock positions, account balances, and account status confirmations.
Haruna Jalo-Waziri, managing director/chief executive officer of CSCS, said ” We are excited to launch the *7270# USSD code service, a significant step in leveraging mobile technology to democratize access to account and portfolio information.
“This service empowers every investor, regardless of their location or resources, to stay informed about their investments. At CSCS, we believe that financial inclusivity is key to driving economic growth.
“Our partnership with MTN Nigeria on this project represents a significant leap toward a more inclusive financial landscape, leveraging the spread of the MTN network.
“This collaboration enhances the investing experience, reinforcing our shared commitment to empowering individuals with the tools they need to manage their financial futures effectively.” he added.
The CSCS USSD code service will initially be available to MTN users only. However, CSCS plans to expand this service to other networks soon.
This innovative service offers investors streamlined and secure access to critical market information at their fingertips.
Aisha Umar Mumuni, chief digital officer of MTN Nigeria, said, “This collaboration with CSCS on the *7270# USSD service underscores MTN’s commitment to harnessing the power of mobile technology to simplify complex processes for our users.
“By making critical investment information available at the touch of a button, we are helping to democratize access to the capital markets and, in the process, enhance investor engagement and market transparency,” she said.
CSCS continues to lead the way in technological advancements, reinforcing its position as a pivotal player in the Nigerian capital market ecosystem.
This initiative underscores our dedication to enhancing market efficiency and empowering investors with the tools they need for informed decision-making.
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