E-Business
Lamudi Clocks 1, Records 116% Growth In Last 6 Months
Fast-growing property portal, Lamudi, this week celebrates its first anniversary, with the global real estate network more than doubling in size in the last six months.
Lamudi as a leading property website focusing on the emerging markets, grew by 116 percent between April and September this year.
The number of listings on the website now totals more than 670,000 properties to buy or rent, spreading across 28 countries around the world.
As competition over the online property space within the emerging markets has intensified, Lamudi has maintained a leading position within key regions, including Africa.
In Nigeria, Lamudi has grown rapidly over the past year to be become the largest online property portal in terms of number of listings.
The company has also focused on education, launching a market leading real estate journal which is now most-read online source of property information in the country.
Lamudi was founded on October 13, 2013, by German startup incubator Rocket Internet.
The property platform was launched in 16 countries one year ago and has since grown to cover 28 countries across Asia, Africa, the Middle East and Latin America.
Led by Paul Philipp Hermann, Kian Moini and Antonius Salis, co-founders, Lamudi now employs more than 400 staff split between its headquarters in Berlin and local teams in each market.
Paul Philipp Hermann, global Co-Founder and Managing Director, said: “Our goal from the very beginning has been to deliver a high-quality property portal in markets where searching for real estate online is a relatively new phenomenon. In all those markets we want to establish Lamudi as the market leader!”
Allie Morse, CEO Lamudi West and Central Africa said: “We are excited to be the number one portal for property in Africa, only one year after launch, and look forward to growing alongside the continent’s real estate sector.”
On his part, Obi Ejimofo, managing director of Lamudi Nigeria, added: “House-hunters in these regions should not be overlooked; as the internet becomes more widespread, they are seeking out the same services that are already commonplace in more established markets.
“Lamudi is innovative because we tackle markets that other property portals have so far ignored. We expect Lamudi’s growth spurt to continue for the remainder of 2014, and beyond.It is for this reason that we believe our product has resonated so strongly with property-seekers around the world.”
In the past year, Lamudi has undergone significant expansion in each of its markets.
In Latin America, Lamudi Mexico has seen the number of listings on its website increase six-fold over the past year.
The portal is already the leading real estate website in cities including Monterrey, Tijuana and Querétaro.
More than half the property listings from across the Lamudi network come from its Asian websites, namely Pakistan, Bangladesh, Indonesia, the Philippines, Myanmar and Sri Lanka.
In April, Lamudi received $US seven million in investment to grow its operations in Asia.
The company is now the leading property portal in Bangladesh and Myanmar.
Growth in Pakistan has been particularly remarkable.
The Lamudi.pk website recently reached 130,000 property listings – up from 10,000 listings last December., as well as a country-wide magazine In the Middle East, Lamudi is already the leading real estate portal in Jordan, expanding to 13,000 property listings in six months.
Globally, Lamudi launched both Android and iOS apps during 2014, which have been downloaded close to 100,000 times since June.
E-Business
FG Plans to Make 95 Percent of Nigerians Digitally Literate by 2030

Federal government has announced its plans to achieve 95 per cent digital literacy among Nigerians by 2030, with a specific target of training and empowering at least 30 million citizens by 2027.
The announcement was made on Thursday at the grand finale of the Digital for All Challenge 2.0, an initiative of Tech4Dev funded by the UK Government’s Digital Access Programme and implemented in partnership with the National Information Technology Development Agency (NITDA).
Kashifu Abdullahi, director-general, NITDA, represented by Aristotle Onumo, director of Stakeholder Management at the agency, said that over 30 million Nigerians, particularly in rural areas, are being targeted for training, with digital champions deployed nationwide to facilitate the programme.
“We are integrating digital literacy into school curricula nationwide, from primary to university level, and partnering with the Head of Civil Service to make digital skills a requirement for civil service progression,” Onumo said.
He added that NITDA aims to achieve 70 percent digital literacy by 2027 as a foundation for reaching 95 percent by 2030.
Onumo called on stakeholders to work together, stressing that digital literacy is for everyone — the young, the old, the employed, job seekers, traders, civil servants, and others.
In her welcome remarks, Mrs. Oladiwura Oladepo, Co-Founder of Tech4Dev, described the initiative as a national movement to deepen digital knowledge and inclusion across all levels of society.
She noted that the programme has already impacted over one million Nigerians drawn from all six geopolitical zones.
Oladepo said the Digital for All Challenge 2.0 is not just a competition but a movement to unlock opportunities and close the digital divide for individuals, families, and the nation.
Representing the British High Commission, Mr. Idongesit Udo, Digital Access Programme Adviser, praised the initiative for creating opportunities for young Nigerians to compete globally, enabling civil servants to deliver better services, and helping children begin their digital journey early.
He highlighted the UK’s broader partnership with Nigeria, which includes initiatives in cybersecurity (Africa Cyber Programme), standardization (British Standards Institute), and entrepreneurship (UK-Nigeria Tech Hub), all aimed at fostering a thriving digital economy.
At the event, participants from all six geopolitical zones competed in various categories.
The first prize winner, Miracle Michael, received N15 million. The second prize went to Chinedu Arisa, who received N12.5 million, while Ismail Adam and Uluchi Chibueze received N10 million and N7.5 million respectively.
Nkeiruka Onyejeocha, minister of State for Labour and Employment, who presented the awards, commended the initiative for equipping Nigerian youth with future-ready skills.
She emphasised that digital literacy is vital not only for job creation but also for national development, and encouraged more young people to take part in programmes of this nature.
E-Business
NDPC Raises Alarm on Chrome Vulnerabilities, Urges Nigerians to Secure Devices

Nigeria Data Protection Commission (NDPC) has issued an urgent security advisory, warning Nigerians of critical vulnerabilities in Google Chrome that could expose users to severe cyber threats.
The alert, posted on the Commission’s official X handle, underscores the risks of these flaws and calls for immediate action to safeguard personal devices and data.
According to the NDPC, the vulnerabilities could allow attackers to execute arbitrary code on a user’s system, potentially granting unauthorised access to computers.
This could enable cybercriminals to install malicious programs, view, alter, or delete sensitive data, and even create new user accounts with full administrative rights.
Such breaches could disrupt device functionality, compromise personal information, and lead to significant loss of control over affected systems.
“Multiple vulnerabilities have been discovered in Google Chrome. The most severe of these could allow an attacker to take over a user’s system,” the NDPC stated, emphasising the urgency of addressing the issue.
To mitigate these risks, the Commission has advised Chrome users to apply the latest browser updates immediately.
It also recommends operating devices with standard user rights instead of administrative privileges to limit potential damage. Additionally, the NDPC urged Nigerians to exercise caution by avoiding suspicious links, unsolicited attachments, and untrusted websites.
The advisory comes as part of Nigeria’s broader efforts to strengthen data protection.
E-Business
Microsoft Seizes 340 Websites Linked to Nigerian-based Phishing Subscription Service

Microsoft said on Tuesday that it seized nearly 340 websites tied to a rapidly growing Nigerian-based service that allowed users to carry out phishing operations that stole at least 5,000 Microsoft user credentials.
Microsoft obtained an order from the U.S. District Court in Manhattan earlier this month to seize domains associated with Raccoon0365, the subscription service that allowed users to carry out massive phishing campaigns, which sometimes involved thousands of emails at a time, according to Steven Masada, assistant general counsel for Microsoft’s Digital Crimes Unit.
Raccoon0365’s service, which operates through a private Telegram channel with more than 850 subscribers, enables users to impersonate trusted brands and get targets to enter Microsoft login credentials on phony Microsoft login pages, Masada said in a blog posted on Microsoft’s website.
The service has generated for its small group of operators at least $100,000 in cryptocurrency payments since launching in July 2024, Masada said in the blog. Microsoft said the seizure of the websites occurred over a period of days earlier this month.
Microsoft identified Nigeria-based Joshua Ogundipe as the leader and main operator of Raccoon0365.
Ogundipe did not immediately respond to an email request for comment sent to the email address identified by Microsoft in its court filing.
“Cybercriminals don’t need to be sophisticated to cause widespread harm,” Masada said. “Simple tools like Raccoon0365 make cybercrime accessible to virtually anyone, putting millions of users at risk.”
Raccoon0365 subscribers have targeted a wide swath of industries, Masada said, and separate court filings allege that “a significant portion” of Raccoon0365 activity targets organizations based in New York City.
Masada said Microsoft identified what it said was a Raccoon0365-related effort using tax-themed phishing emails to target more than 2,300 organizations, mostly in the U.S., between February 12 and February 28 this year, according to a company blog posted in April.
Errol Weiss, chief security officer of the Health Information Sharing & Analysis Center (Health-ISAC), which provides cybersecurity services to member health organizations and is a co-plaintiff alongside Microsoft, said Raccoon0365 has been linked to successful credential harvesting through phishing campaigns at at least five unnamed healthcare organizations, while targeting 25 health sector organizations overall. Once hackers gain that access, any number of things can happen, Weiss said.
“So many of the attacks start because somebody gave up their user name and password to a bad guy,” Weiss said in an interview. “Once that cybercriminal has access to the network, then it’s just up to the imagination in terms of what comes next and how they monetize it.”
The Raccoon0365 operators used services provided by Cloudflare to help hide the service’s backend infrastructure, the internet services firm said in its own blog post. Cloudflare worked with Microsoft and the U.S. Secret Service to disrupt Raccoon0365 operations on its platform and prevent the operators from establishing new accounts, the company said.
Blake Darché, the head of threat intelligence at Cloudflare, said in an interview that the Raccoon0365 operators made some key operational security mistakes but were highly effective.
“They’re in people’s accounts, they compromise lots of people, and it needs to obviously be stopped,” he said.
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