E-Business
Konga Yakata is African, Black Friday is Insult to Africans – Prof. Ozoh

Prof. Frank Ozoh, professor of Economics, has described Black Friday as an insult to Africans in general., as its history is one that holds highly uncomplimentary and denigrating associations for the black race.
Consequently, he revealed that this was the reason behind his decision to shop exclusively on e-commerce giant, Konga, which had christened its own sales, Konga Yakata.
The erudite scholar made this disclosure on the sidelines of an event held in Lagos on Saturday.
‘‘Many of those going about postulating Black Friday apparently do not know the etymology or origins of the term. Black Friday is an insult to all Africans because of its negative connotations which is a throw-back to the dark days of slavery and forced labour.
‘‘In fact, I carried out all my shopping during the period on Konga Yakata. I must also state that I got value for all my purchases because, in spite of the fact that it was a time renowned for heavy discounts, Konga made it even more rewarding for me as all the items I shopped were delivered same day and with freebies attached.Heavy discounts and quality services are what we should be celebrating.
‘‘I made it a point of duty not to associate with that term – Black Friday. Same as my family and everyone associated with me. So, renaming the popular, inglorious ‘Black Friday’ to Konga Yakata makes sense,’’ he disclosed.
Throwing more light on the negative history of Black Friday, the academic revealed that the term is historically associated with the day after Thanksgiving back in the 1800s when slave traders would sell slaves for a discount to assist plantation owners with more helpers for the upcoming winter.
He added that Southern plantation owners could buy slaves at a discount on the day after Thanksgiving in the past, hence the origins of the term – Black Friday.
‘‘Although contemporary historians tend to gloss over this dark piece of history, I must emphasise that it does not detract from the sordid events of those times. Therefore, as Africans, we must reject any associations with such inglorious relics of our past. The term – Black Friday – as it is presently used to describe what is undoubtedly the most popular shopping period in the annual global calendar is highly mischievous, unacceptable and belittling to the African race.
‘‘If I had my way, we would expunge the term from the collective lexicon.
‘‘I must also commend the management of Konga who have shown uncommon sense of history and respect for the dignity of not only Nigerians, but Africans the world over by renaming it Konga Yakata. It is also a good thing to see that Konga Yakata attracts very huge patronage from Nigerians, many of whom see it as the biggest sales event of the year.
‘‘We must take pride in Konga as Africans for giving us a solid and more befitting identity with Konga Yakata. As a world class company, there is even a greater sense of pride and confidence in a brand that is causing a silent revolution in the business terrain,’’ he concluded.
Friday, November 29th 2019 saw the global celebration of Black Friday around the world. In Nigeria, the day was ushered in with a vigil by bargain-hungry shoppers on major e-commerce platforms including Konga.
E-Business
FG Launches Online Visa Approval Centre

Dr. Olubunmi Tunji-Ojo, minister of Interior, has announced the launch of an Online Visa Approval Center to eliminate bureaucratic bottlenecks and reduce corruption in the visa application process.
Commissioned by the President in December, the new system ensures that applicants no longer need to visit a visa office, know anyone in the system, or lobby for approvals.
At a stakeholders’ sensitisation workshop on the implementation of the Nigeria Visa Policy (NVP) 2025, yesterday in Abuja, Dr. Tunji-Ojo said the visa is considered a very important document by the government because it is an instrument of migration management and an instrument of economic development.
The minister explained that Nigeria has to strike a delicate balance between national security and, of course, the ease of migration.
“And we think that it’s something that we can do and something we will do.
“We don’t have a physical Visa Approval Center. If you apply for a Nigerian visa anywhere in the world, you do so online. We process it here in Nigeria, and if approved, you receive your e-visa in your email,” he explained.
To enhance efficiency, the government has set a 48-hour deadline for processing e-visas.
“It is unprofessional and unacceptable for the Nigeria Immigration Service not to approve or provide feedback within 48 hours,” the minister stated.
“It breaks my heart that people need to lobby to even get visas to Nigeria. It shouldn’t be so. It shouldn’t be.
“For anybody that is qualified, for anybody that wants to do legitimate activities in Nigeria, such people should be able to come to Nigeria easily. And this is why we are opening our space. Mr. President is interested in foreign direct investments.”
Further, he said Nigeria is interested in partnering with the rest of the world to develop its economy but, “We can’t do that when we allow bottlenecks to hold us down. So these reforms, basically, are aimed at opening our space, enhancing national security, and we hope that the primary responsibilities of the visa scheme will be achieved.”
Kemi Nandap, controller general, Nigeria Immigration Service (NIS), said the NIS would fully digitize its e-visa platform and reduce visa classifications from 79 to 44 to enhance accessibility, transparency, and efficiency in the new visa policy.
She said, “At the core of this policy is the new e-visa platform—a fully digitized, centralized system that revolutionizes how foreign nationals interact with our country’s entry procedures. As part of this transformation, the Nigerian Visa Policy 2024 underwent a comprehensive review, resulting in a significant reduction in visa classifications from 79 to 44.
“These categories have been logically grouped to simplify procedures, reduce complexities, and greatly improve the user experience. Importantly, we have maintained the original purpose and intent of each visa class throughout this reform.”
E-Business
NITDA Partners JICA to Launch Nigeria-Japan Startup Hub

Mr. Takao Shimokawa, director general, Economic Development Department at the Japan International Cooperation Agency (JICA) has visited the National Information Technology Development Agency (NITDA) to discuss the forthcoming launch of the Nigeria-Japan Startup Hub Project.

Mr. Dejo Olawunmi, director of IT Infrastructure Solutions at NITDA and Mr. Takao Shimokawa, director general, Economic Development Department at the Japan International Cooperation Agency (JICA)
This is in a strategic move to strengthen Nigeria’s startup ecosystem.
During his visit, Mr. Shimokawa was received by Mr. Dejo Olawunmi, director of IT Infrastructure Solutions at NITDA.
Their discussions focused on advancing technological innovation, fostering entrepreneurship, and enhancing venture capital development to support early-stage startups in Nigeria.
The Nigeria-Japan Startup Hub Project is designed to provide Nigerian startups with access to Japanese expertise, mentorship, and investment opportunities.
The initiative aims to create a collaborative environment where local entrepreneurs can scale their businesses by leveraging Japan’s advanced technology and business models.
By bridging Nigerian startups with Japanese investors and industry leaders, the project seeks to drive sustainable growth and innovation in Nigeria’s tech industry.
This partnership underscores the increasing economic and technological cooperation between the two nations, positioning Nigeria as a key player in the global startup landscape.
With the hub set to launch soon, stakeholders anticipate that it will provide critical resources for startups, enabling them to compete in the global market and contribute to Nigeria’s digital economy.
E-Business
Firm Discovers Sophisticated Chrome Zero-day Exploit Used in Active Attacks

Kaspersky has identified and helped patch a sophisticated zero-day vulnerability in Google Chrome (CVE-2025-2783) that allowed attackers to bypass the browser’s sandbox protection system.
The exploit, discovered by Kaspersky’s Global Research and Analysis Team (GReAT), required no user interaction beyond clicking a malicious link and demonstrated exceptional technical complexity. Kaspersky researchers have been acknowledged by Google for discovering and reporting this vulnerability.
In mid-March 2025, Kaspersky detected a wave of infections triggered when users clicked personalised phishing links delivered via email. After clicking, no additional action was needed to compromise their systems.
Once Kaspersky’s analysis confirmed that the exploit leveraged a previously unknown vulnerability in the latest version of Google Chrome, Kaspersky swiftly alerted Google’s security team. A security patch for the vulnerability was released on March 25, 2025.
Kaspersky researchers dubbed the campaign “Operation ForumTroll”, as attackers sent personalised phishing emails inviting recipients to the “Primakov Readings” forum. These lures targeted media outlets, educational institutions, and government organisations in Russia.
The malicious links were extremely short-lived to evade detection, and in most cases ultimately redirected to the legitimate website for “Primakov Readings” once the exploit was taken down.
The zero-day vulnerability in Chrome was only part of a chain that included at least two exploits: a still-unobtained remote code execution (RCE) exploit that apparently launched the attack, while the sandbox escape discovered by Kaspersky constituted the second stage. Analysis of the malware’s functionality suggests the operation was designed primarily for espionage. All evidence points to an Advanced Persistent Threat (APT) group.
“This vulnerability stands out among the dozens of zero-days we’ve discovered over the years,” said Boris Larin, principal security researcher at Kaspersky GReAT. “The exploit bypassed Chrome’s sandbox protection without performing any obviously malicious operations – it’s as if the security boundary simply didn’t exist.
The technical sophistication displayed here indicates development by highly skilled actors with substantial resources. We strongly advise all users to update their Google Chrome and any Chromium-based browser to the latest version to protect against this vulnerability.”
Google has credited Kaspersky for uncovering and reporting the issue, reflecting the company’s ongoing commitment to collaboration with the global cybersecurity community and ensuring user safety.
Kaspersky continues to investigate Operation ForumTroll. Further details, including a technical analysis of the exploits and malicious payload, will be released in a forthcoming report once Google Chrome user security is assured.
Meanwhile, all Kaspersky products detect and protect against this exploit chain and associated malware, ensuring users are shielded from the threat.
This discovery follows Kaspersky GReAT’s previous identification of another Chrome zero-day (CVE-2024-4947), which was exploited last year by the Lazarus APT group in a cryptocurrency theft campaign.
In that case, Kaspersky researchers found a type confusion bug in Google’s V8 JavaScript engine that enabled attackers to bypass security features through a fake cryptogame website.
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