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E-Business

FG Commits to Digital Training of Nigerians Until e-Government is Implemented 100%

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Prof Isa Ali Pantami, the Minister of Communications and Digital Economy has stressed the need to brainstorm on provision of reliable access to and use of print/electronic information as well as artificial intelligence within government at the international, national, state, municipal, and local level governments, citizens, and businesses for sustainable national development.

Prof. Pantami said this at the commemoration of 2022 Universal Access to Information Day organised by the National Committee on Information for all Programme in Nigeria (IFAP) in collaboration with the Federal Ministry of Communications and Digital Economy.

“On the 28 of September 2022, the event took place in Pakistan which is not more than a week today, the United Nations through UNESCO on the 15th of November 2015 which is almost 7years designated every September of each year to be marked to create more awareness and also advocate for free access for information and work towards educating the global citizens”, he said.

While emphasising the importance of taking a position on international policies and guidelines for action on access to information and knowledge in knowledge-based societies, the Minister described this year’s theme which is “e-Governance and Access to Information” as relatable as it is in alignment with the National Digital Economy Policy and Strategy for a Digital Nigeria (NDEPS).

He observed that the thematic key words can be found in some of the eight pillars of the policy which reflect ongoing efforts by the Federal Government towards achieving a Digital Nigeria.

“In other to be very proactive in Artificial Intelligence (AI), and as the Minister in charge of our communications and digital economy, I developed a Policy which I directed the National Information Technology Development Agency (NITDA) to implement by establishing the National Centre for Artificial Intelligence and Robotics (NCAIR)”.

“Initially, while I was at NITDA, I started building the centre but the name was NITDA Academy, but when I became Minister, I discovered that the interest and priority were not just about academy, rather, trying to provide some key elements of the Fourth Industrial Revolution, particularly under emerging technologies and to focus more on the eight pillars”, Pantami noted.

According to the Minister, “software is dominating the world in the last few decades and there is a high probability that AI would consume software and dominate the world in the same manner and this is what the training is showing today”.

When it comes to access of information for all, the Minister affirmed that so far, Nigeria has many initiatives in that regard.

He further highlighted the Freedom of Information (FOI) Act 2011 which he maintained allows free sharing of information except for some restrictions like personal information.

Prof. Pantami assured the Committee that the Federal Government thought the Ministry is working tirelessly towards achieving it’s ambitious target of going paperless at least at the Federal level by 2030.

“We have been training different categories of Nigerians, particularly in the public space; we will ensure that we train and retrain Civil and Public Servants on government digital services until we e-Government is Implemented 100% in Nigeria”, Pantami stated.

The Minister who acknowledged lack of funding as one of the challenges plaguing the implementation process of the e-Government initiative, expressed confidence in the country’s digital drive to succeed.

“You need to be funded before you would be able to upskill your Civil Servants; On the other hand, some of the Civil Servants are still struggling to be digital natives but we are trying to get them onboard”, Pantami assured.

The Minister reminded his audience that he is currently the Chairman of the World Summit of Information Society and have been appointed by United Nations through the International Telecommunications Union where he chairs 193 global ICT Ministers.

He added that the appointment underscores the position of Nigeria regarding e-Government and Access to Information.

“Our entire mandate focuses on making information available to global citizens, so by occupying that position is sufficient enough to say that the theme is very dear to me at a personal and official levels”,  he avowed.

The Communications and Digital Economy Boss encouraged participants to crisscross ideas and at the end of the roundtable, come up with some key recommendations for the Government of Nigeria to implement and hopefully others too for the World Summit on Information Society to also implement at the global level.

 


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E-Business

Firm Finds Leaked Netflix, Roblox and Discord Accounts Registered on Corporate emails

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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.

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NDPC, Mastercard Partner to Strengthen Data Protection

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Dr. Vincent Olatunji, commissioner, NDPC and Derek Ho,deputy chief privacy officer, Mastercard
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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.

 

 


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CSCS Launches *7270#, USSD Code Service

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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.

CSCS Launches *7270#, USSD Code Service

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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