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IT Spending in Nigeria to Top $5Bn in 2016 – IDC

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IT spending in Nigeria will top $5.3 billion in 2016 as organizations increasingly embrace digital transformation initiatives in a bid to streamline their costs and bolster their flexibility.

This is according to global technology research and consulting services firm International Data Corporation (IDC), which last week hosted an event at Victoria Crown Plaza, Victoria Island, Lagos, to announce a series of ‘IDC FutureScape Predictions’ for the year ahead.

“Some combinations of the technologies of the 3rd Platform – namely mobility, cloud, Big Data analytics, and social business – sit at the heart of most digital transformation efforts across Nigeria,” says Mark Walker, IDC’s associate vice president for Sub-Saharan Africa.

“Smart City initiatives, whether greenfield or brownfield, are driving greater adoption of 3rd Platform technologies as well as a deeper paradigm shift on the part of governments, technology users, and vendors. Indeed, the success of Smart City initiatives will play a role in Nigeria’s digital transformation journey in 2016.”

The emergence of the Internet of Things (IoT) ecosystem is another key facet of the digital transformation revolution beginning to take place in Nigeria.

IoT applications in the government, retail, transportation, manufacturing, and utilities verticals will offer the greatest growth opportunity for vendors operating in Nigeria, while security is expected to form a key component of any robust digital transformation strategy.

And according to Oluwole Abegunde, a telecommunications research analyst at IDC West Africa, cost-optimization efforts and a lack of skills will drive demand for security services in the years ahead, while the proliferation of IoT technologies will push concerns around privacy and physical security to the top of the ICT agenda.

“The adoption of IoT will accelerate the rate of digital transformation in Nigeria as organizations and stakeholders seek actionable insights from the high volumes of data that will inevitably be generated by the proliferation of connected ‘things’ such as mobile devices, wearables, and sensors,” says Abegunde.

“These insights will transform the way businesses and government organizations interact with customers, citizens, suppliers, and even employees, helping them to become more agile and innovative than they could have previously imagined.”

Elsewhere across the African continent, public and private sector organizations will shift to tighter, more digitized supply chains in 2016. Regional integration, public-private partnerships, and omni-channel services are expected to accelerate supply chain cohesion, driven by a combination of trade agreements and a reduced reliance on commoditized trade.

 Babatunde Afolayan, a systems and infrastructure solutions research analyst at IDC West Africa, notes that continued urbanization – together with demographic/social changes – will further drive the need for digital solutions.

“eCommerce and mcommerce developments are expected to bolster the African sharing community and mobile, IoT, user experience, security, and analytics will create new experiences and opportunities across the continent,” said Afolayan. “African examples of these trends will become showcases for established and emerging markets around the world.”

Bola Adisa, IDC’s country manager for West Africa, believes that technology in Africa is undoubtedly an equalizer that enables innovation and transparency.

“In Nigeria, the democratization of information is preparing the country for a digital future and enabling it to become included in the digital economy,” said Adisa.

“While the digital transformation trend signals a positive development for Nigeria’s ICT vendors, a number of macroeconomic factors may nevertheless prevent the ICT market from reaching its full potential. Indeed, a challenging economic outlook, high structural unemployment, electricity supply challenges, and volatile currency fluctuations are all impacting ICT market spend. Despite market headwinds, IDC predicts ICT spend in Nigeria will grow 6.5% year on year in 2016, with mobile devices responsible for much of the increase.”


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Millions of Nigerians @ Risk as NASIMS Leaks over 23m FG Records

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National Social Investment Management System (NASIMS) has leaked millions of federal government records in a major system oversight  which could be exploited by cyber criminals.

Millions of Nigerians @ Risk as NASIMS Leaks over 23m FG Records

NASIMS is the central management platform for the administration and coordination of Social Investment Programmes under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development

The major leak exposed everything from home addresses to work backgrounds of  tens of millions of Nigerians

According to the Cybernews research team, the exposed AWS S3 bucket stored over 23 million files, including passports, birth certificates, educational certificates, and N-Power-submitted applications.

N-Power is a social welfare scheme to combat youth unemployment. N-Power applicants use the NASIMS platform to apply to take part in the program.

“The implications of exposing 23 million application-related documents of N-Power candidates could be severe for the affected individuals. Identity theft, fraud, and targeted phishing attacks are the most likely risks for the leaks’ victims,” Cybernews research team said.

According to Cybernews research team, “Worryingly, the instance remains open to the public, even after multiple attempts to reach NASIMS administrators and relevant authorities in Nigeria. We have also reached out to the ministry behind NASIMS for a comment and will update the article once we receive a reply”

What data leaked, and why is it dangerous?

Documents stored on the exposed instance include different sets of citizens’ data. However, the team surmised that the leak revealed:

Full names

Dates of birth

Places of birth

National Identification Number (NIN)

Email addresses

Phone numbers

Home addresses

Work background

Education background

Exposing sensitive and personal data poses numerous threats to the individuals involved.

Most pressingly, attackers might utilize the information for identity theft and various fraud schemes. For one, malicious actors could try opening fraudulent bank accounts or use stolen identities for illicit activities, masking their own IDs.

“Another way attackers can exploit similar data sets is by exploiting the identities to access financial services or execute unauthorized transactions, potentially causing long-term financial damage to the victims,” Cybernews research team said.

Cybercrooks could also exploit the leak to carry out targeted phishing and social engineering attacks.

For example, malicious actors could attempt to masquerade as legitimate organizations in order to deceive individuals into providing even more sensitive data – such as login credentials – or downloading malware.

“The implications of exposing 23 million application-related documents of N-Power candidates could be severe for the affected individuals. Identity theft, fraud, and targeted phishing attacks are the most likely risks for the leaks’ victims.”

The leaks’ nature empowers attackers to craft spear-phishing attacks custom-made for each individual or group of individuals. Such attacks are hard to distinguish, as they often include targets’ personal details and other data points meant to lure in unsuspecting victims.

 

“Criminals could use the exposed data to offer fake job opportunities or promise assistance with the N-Power application process in exchange for payments or additional personal information, exploiting the candidates’ vulnerabilities,” the team explained.

Additional attack vectors involve risks to victims’ physical safety. For example, criminals could exploit leaked data to locate and target victims for various malicious purposes, such as stalking, harassment, or even burglary.

To avoid similar leaks in the future, Cybernews research team advised:

Change the access controls to restrict public access and secure the bucket. Update permissions to ensure that only authorized users or services have the necessary access.

Monitor retrospectively access logs to assess whether the bucket has been accessed by unauthorized actors.

Enable server-side encryption to protect data at rest.

Use AWS Key Management Service (KMS) to manage encryption keys securely.

Implement SSL/TLS for data in transit to ensure secure communication.

Consider implementing security’s best practices, such as regular audits, automated security checks, and employee training.

 

 

 

 

 

 

 

 

 

 

 

 


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MTN, Lagos State Launch ‘MyLagosApp’ to Enhance Productivity, Connectivity

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MTN Group, in collaboration with the Lagos State Government (LASG), has launched MyLagosApp, an innovative mobile application designed to improve productivity, enhance connectivity, and transform the lifestyle of Lagos residents.

MTN, Lagos State Launch ‘MyLagosApp’ to Enhance Productivity, Connectivity

It also aims to provide a centralised digital hub for accessing essential services, fostering a more efficient and connected Lagos.

Speaking at the official inauguration in Lagos, Karl Toriola, chief executive officer MTN Nigeria, described the app as a one-stop platform for information, services, entertainment, and hospitality.

He highlighted its role in facilitating e-governance and providing essential services to both residents and visitors.

“This app offers access to various services, including restaurant and accommodation reservations, transport options—both land and water—library access, and e-governance solutions. It is designed to simplify life for Lagosians while promoting efficiency and productivity,” Toriola said.

He emphasised that technological innovations like MyLagosApp drive economic growth by increasing productivity and improving societal well-being. He noted that Lagos, classified as a hyper-city with over 20 million residents, has the potential to become Africa’s most important city.

Toriola also revealed that Lagos State’s economy is larger than that of Kenya and reaffirmed MTN’s commitment to deepening investment in Nigeria. He disclosed plans to build a new headquarters in Eko Atlantic City and establish West Africa’s most advanced data centre, addressing the region’s need for large-scale tech infrastructure.

At a Fireside Chat, Oluwaseun Osiyemi, Lagos State Commissioner for Transport, noted that MyLagosApp would support the state’s multimodal transport policy, leveraging user data and feedback to enhance urban mobility.

Aisha Mumuni, chief digital officer, MTN, reiterated the company’s dedication to seamless connectivity despite power challenges, calling for increased collaboration to boost digital literacy.

Tokunbo Wahab, Commissioner for Environment and Water Resources, highlighted Lagos’ daily waste production of 13,000 tonnes and suggested that the app could aid waste management through advocacy, enforcement, and regulation.

 


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Kaspersky Uncovers Cybercriminals Blackmailing YouTube Creators to Spread Cryptocurrency Mining Malware

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Cybercriminals are targeting popular YouTube creators with fake copyright claims, forcing them to distribute cryptocurrency mining malware disguised as Internet restriction bypass tools to thousands of viewers.

Kaspersky Global Research and Analysis Team (GReAT) researchers have uncovered a sophisticated malicious campaign where threat actors blackmail YouTube content creators into distributing malicious software.

The attackers file two fraudulent copyright complaints against creators, then threaten a third strike – which would delete their YouTube channels. To avoid this, creators unknowingly promote malicious links, believing them legitimate to save their channels.

Kaspersky’s telemetry confirmed over 2,000 end users infected with the malware after downloading the tool, though the actual number of affected users is likely much higher. One compromised YouTube channel with 60,000 subscribers published several videos containing malicious links that garnered more than 400,000 views. The infected archive hosted on a fraudulent website recorded over 40,000 downloads.

The malware, dubbed as SilentCryptoMiner, exploits the growing demand for Internet restriction bypass tools. Kaspersky’s telemetry shows a significant increase in the use of legitimate Windows Packet Divert drivers—a technology commonly used in bypass utilities—with detections rising from approximately 280,000 in August to nearly 500,000 in January, totaling more than 2.4 million detections over six months.

The attackers specifically targeted users seeking these bypass tools by modifying a legitimate Deep Packet Inspection (DPI) circumvention utility originally published on GitHub.

Their malicious version maintains the original functionality to avoid suspicion, but secretly installs SilentCryptoMiner, which harvests computing resources to mine cryptocurrency without users’ knowledge or consent, significantly degrading device performance and increasing electricity costs.

“This campaign demonstrates a concerning evolution in malware distribution tactics,” said Leonid Bezvershenko, security researcher at Kaspersky’s GReAT. “While initially targeting Russian-speaking users, this approach could easily spread to other regions as Internet fragmentation increases globally.

“The scheme effectively leverages trusted content creators as unwitting accomplices, which works in any market where users seek tools to circumvent online restrictions.”

When security solutions detect and remove the malicious components, the modified installer encourages users to disable their antivirus protection with messages like “File not found, turn off all antiviruses and re-download the file, it will help!” — further compromising system security.

Kaspersky GReAT identified several indicators of compromise, including connections to domains like swapme[.]fun and canvas[.]pet, along with specific file hashes. The attackers demonstrate persistence, rapidly creating new distribution channels when previous ones are blocked.


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