E-Business
How Oracle Empowers Modern Businesses in Cloud Era
Oracle remains an ‘unchallenged’ leader with integrated, best-in-class, end-to-end solution of intelligent software and powerful hardware designed to meet every financial service, customer relations management and other sought after solutions, the Company said.
Oracle offers world’s most complete customer relationship management (CRM).
From sales force automation to socially-enabled business intelligence, Oracle offers the broadest and deepest portfolio of CRM solutions that address all customer touch-points and provide rich functionality to support the specific business needs for organizations of every size to deliver a superior customer experience.
Aside that, Oracle’s financial services enterprise risk management helps financial institutions to manage risk and address compliance issues, especially those that demand a close operational synergy between finance and risk functions.
Oracle reiterated that implementing the right Customer Relationship Management (CRM) solution that addresses everything from customer segmentation to the performance of sales representatives, for instance, has become critical to beating competition in every giving economic industry in Nigeria.
They noted that successful businesses across the globe have been adopting CRM strategies for years, allowing them to understand, connect with and serve their customers across the entire customer experience lifecycle in-spite in high competition in various sectors of the economy.
According to the experts such businesses in Nigeria are challenged with maintaining their customer-centric focus while dealing with the rise of digital disruptions, like mobile and social media, which have changed the way employees and customers communicate and interact with one another and with a brand.
Speaking at a Forum organized by Oracle in Lagos, under the theme: ‘Empowering Modern business in the Cloud’, Austine Oshodi, senior CRM manager, Oracle, explained that the Oracle Siebel CRM software application helps organizations to differentiate their businesses to achieve maximum top-and bottom-line growth.
He said: “It’s designed to help businesses meet the overall goals of customer relationship management is highly scalable and customizable, allowing businesses to gain actionable customer insights with a back-end analytical engine, view business opportunities with predictive analytics, streamline operations and personalize customer service based on the customer’s known history and prior interactions with your business.”
Oshodi advised SMEs to maintain competitive advantage through the ingenuities CRM solution offers.
In her presentation titled, “Modern Human Resources in the Cloud”, Temiloluwa Majekodunmi, an application consultant, said that Oracle has extended the power of Modern Human Resources in the Cloud with updates to Oracle HCM Cloud stating that the functionality helps global enterprises deliver talent-centric, collaborative, insightful, engaging and mobile employee experience.
She said, “Oracle HCM cloud is a highly intuitive enhancements to the user interface for HR, and end users deliver a more mobile and engaging experience to; unify the employee experience, manage HR On-The-Go, it better align recruiting and core HR, speed recruiting process, streamline performance management: revamped performance management tools.
“Tapping the power of social networks with new social sourcing features it enables organisations to better identify internal talent, convert more leads from social media for productivity, optimize resources and manage a large workforce.”
Through the Forum, Oracle with informed the participants on its various industry tailored solutions, embedded real-time business intelligence, and as an industry recognized leader in CRM it promises to continue its strides in end-to-end business processes and broadest choice of deployment options.
E-Business
Ride the ‘Wicked’ Wave: Temu Brings Green Magic to Christmas
Temu is set to enchant the holiday season with its unique blend of green magic, bringing a touch of festive wonder to Christmas celebrations. The initiative, themed “Ride the ‘Wicked’ Wave,” promises to deliver an unforgettable experience, combining technology, entertainment, and commerce to create a magical holiday atmosphere.
Temu’s green magic initiative aims to captivate audiences with a variety of festive offerings, from fashion to home decor, handmade crafts, beauty items, chic clothes, shoes, and more.
The platform’s innovative approach ensures that customers can enjoy a seamless shopping experience, with free shipping on all orders1.
As part of the celebration, Temu has also introduced a magical winter Christmas backdrop, perfect for creating a festive ambiance at home.
This backdrop, made from high-quality polyester, is designed to bring the spirit of the season to life, making it an ideal addition to any holiday decor.
With its commitment to providing exceptional products and services, Temu continues to set new standards in the e-commerce industry, ensuring that customers can enjoy the magic of Christmas in style
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.
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