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E-Business

HP Introduces New Multifunctional Printers for Nigerian Families

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HP Inc. has introduced new printing devices for home use for its consumers in Nigeria, and around the world.

They include the Deskjet 2300, Deskjet 2700, Deskjet Plus 4100, DeskJet Plus Ink Advantage 6000 and DeskJet Plus Ink Advantage 6400.

The new multi-functional products are designed specifically for today’s families who keep an active lifestyle whilst effectively combining work, study and entertainment.

The updated models offer additional features, an optimized setup procedure and improved print quality thanks to the original HP ink cartridges with increased capacity[i] – the new high-capacity supplies of the 305 and 653 series.

The HP DeskJet Plus Ink Advantage 6075 and the HP DeskJet Plus Ink Advantage 6475 are designed to meet the needs of each family member and will be able to effectively cope with any tasks.

The new MFPs support wireless connectivity and printing from a smartphone using the convenient HP Smart[ii] app with mobile fax feature. The HP DeskJet Plus Ink Advantage 6475 features two-sided printing and is equipped with a 35-sheet automatic document feeder (ADF) to minimize downtime.

Thanks to the ergonomic and stylish design, HP DeskJet Plus Ink Advantage model printers will seamlessly fit into any home interior and will not take up much space. In addition, the devices were developed with HP’s Sustainable Impact strategy in mind – their case consists of more than 20% recycled plastic.

With its intelligent interface, its simple and intuitive control panel is equipped with a customizable backlight that displays the status of the printer and automatically lights up if necessary, notifying you of the status of Wi-Fi connections.

The products also come with extensive connectivity options, thus enabling users to choose the most convenient option for connecting the device. In addition to the standard connection via the built-in USB port and mobile printing using the HP Smart application, you can use a dual-band Wi-Fi® adapter with self-healing to check and fix issues[iv] – it provides an extended range, as well as a faster and more stable connection.

The models also support Bluetooth® 5.0 technology, which is convenient to setup and allows you to start printing in seconds[v]. With innovative HP ink cartridges, all prints are brighter and more accurate in colour.

During the unexpected transition to remote work and studying, users rediscovered the advantages of home printing devices.

During this period, HP, in collaboration with various educational organizations, launched the free Print and Play online platform, where parents can find hundreds of educational materials for their children’s creativity and learning. Now the platform is supplemented with tasks and games by categories: robots, science and mathematics.

“HP is committed to making the printing process at home as affordable and efficient as possible, we look to offer our customers new models with enhanced functionality for work and entertainment for the whole family,” says Ify Afe, Managing Director, HP Nigeria. “Our new MFPs are equipped with technologies for quick setup and connection from any device, an intuitive control panel that allows you to easily cope with the daily tasks of printing documents and photos, scanning and copying,” she added.


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E-Business

Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

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In a sobering revelation of the evolving threat landscape facing the digital asset ecosystem, blockchain intelligence firm TRM Labs has disclosed that over $2.1 billion worth of cryptocurrency was stolen in the first half of 2025 alone, spanning at least 75 high-profile hacks and exploits.

Global Crypto Heists Surge to $2.1Bn in H1 2025 as Digital Assets is Weaponised

This staggering figure marks a 10 per cent surge over the previous first-half record set in 2022 and nearly eclipses the total stolen in all of 2024.

But beyond the monetary scale, the report reveals a deeper concern: a growing trend of state-sponsored cyber aggression weaponising  crypto assets for strategic and geopolitical purposes.

The most devastating breach to date occurred in February when Dubai-based exchange Bybit lost $1.5 billion—the largest  crypto heist in history.

TRM Labs attributes the attack to North Korean state actors, noting that the incident alone accounted for nearly 70 percent of total losses during the period and doubled the average hack size to $30 million.

“The Bybit hack redefined the threat landscape,” the report stated.

“It exemplifies how digital asset theft has transcended criminal opportunism and morphed into a tool of statecraft.”

Indeed, North Korea-linked entities were responsible for an estimated $1.6 billion of the total stolen, further entrenching Pyongyang’s status as the most prolific nation-state threat actor in the crypto sphere.

Yet the menace is diversifying. On June 18, Iranian crypto exchange Nobitex was breached for over $90 million by a group reportedly linked to Israel, Gonjeshke Darande (Predatory Sparrow).

Unusually, the stolen funds were routed to unusable vanity addresses, underscoring symbolic and political motives rather than financial gain.

TRM Labs flagged this as a “disturbing shift,” with digital asset theft increasingly deployed as a weapon in asymmetric geopolitical conflict.

The report also found that more than 80 percent of losses stemmed from infrastructure breaches, including private key theft, seed phrase leaks, and front-end compromises— attacks typically ten times costlier than other vectors.

Meanwhile, DeFi exploits such as flash loan manipulations accounted for 12 percent of losses, reflecting persistent smart contract vulnerabilities despite years of scrutiny.

As digital currencies become enmeshed in global rivalries, TRM Labs warns that conventional cybersecurity approaches are now inadequate.

“Massive breaches, often tied to nation-state operations, require a new defence paradigm,” the firm asserted, urging industrywide adoption of advanced safeguards and cross-border collaboration among regulators and law enforcement.


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E-Business

CAC Launches AI-powered Business Registration Portal

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Corporate Affairs Commission (CAC) has inaugurated the pilot take-off of its new Artificial Intelligence (AI)-powered registration portal.

CAC Launches AI-powered Business Registration Portal

A statement issued by the commission explained that Malam Hussaini Magaji, registrar-general of the CAC, made the announcement during the 2025 Stakeholders Forum in Port Harcourt.

According to him, “the initiative is a major milestone in Nigeria’s business facilitation drive.”

The Registrar further explained that the upgraded portal marks a complete overhaul of the Company Registration Portal (CRP), saying that it comes with advanced features designed to simplify and speed up business registration.

The new system, according to him, allows for instant name reservation approvals, likening the ease to creating an email account, and stressing that the AI-powered platform could suggest available alternatives to business names and approve them immediately.

Another innovation, he stated, is the ability to register a business using only the National Identification Number (NIN) of a director or proprietor, pointing out that there is an ambitious target of completing business registration and certificate generation within 30 minutes, subject to real-time NIN validation.


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Bitget Launches Institutional Services to Empower Fintech Innovation

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Bitget has launched its institutional services in Nigeria, offering fintech companies a robust platform to build innovative solutions on top of Bitget’s suite of institutional-grade offerings.

Gracy Chen, CEO, Bitget, in a statement said, “Our goal is to empower Nigerian businesses to innovate and leverage blockchain for wealth creation opportunities, hence, the institutional services empower fintech leaders with tailored solutions, as the offerings designed to cater for the unique operational needs of institutional clients, enabling businesses to embed trading functionalities like spot and futures markets, wallet management, and more, directly into their platforms.

“The Key services include White-label Broker Services which enabled Fintech companies to deploy customized crypto exchanges using Bitget’s infrastructure while managing branding and users independently. There is also API Solutions that can make the Developers to integrate trading functionality via APIs for spot, margin, and derivatives markets, ensuring fast execution and seamless experiences for end users.”

Chen added, “The ND Broker Model provides clients with complete autonomy over user-facing platforms, offering exclusive front-end flexibility while relying on Bitget for back-end market liquidity. Clients are able to employ Protection Fund and Proof of Reserves of over $600million secured in the Bitget Protection Fund and real-time Proof of Reserves, which gives clients assurance of maximum transparency and security.”

 


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