E-Business
MDXi’s Investment to Hit N12.2Bn
MDXi has announced plans to inject fresh N2.5 billion investments to strengthen its operations in Nigeria, raising its investment stake from N10.7 billion in phase one to N12.2 billion in the current phase two. This fresh investment will enhance and raise its capacity in local data hosting from 300 to 600 racks.
Gbenga Adegbiji, General Manager, MDXi, made the disclosure during a media tour of the MDXi Data Centre facilities in Lagos recently, said the need for expansion was based on customer’s demand, having occupied almost all the available space left in the existing 300 rack space that was built in 2015, during the first phase construction of its data centre located in Lekki axis of Lagos
Adegbiji added that since 2015 when MDXi data centre was launched, the management had spent a total of $35 million, estimated at N10.7 billion in current naira valuation, the company has sunk into building capacity in the last five years to create a world-class data service centre.
In a passionate message to the Federal Government, the GM said the time has come for the government to make stronger policies to ensure that private sector and organs of state host very important critical national data for security and economic reasons.
“Government must know the importance of data domestication in Nigeria. When data is hosted abroad the outside world gets our data before us because they have access to it,” he said, adding that Nigerian Banks now know the value of local data hosting.
“Over 70% of Nigerian Banks host data at MDXi and out of the 22 banks in Nigeria, 21 among them have something to do with MDXi data centre. MDXi expansion from 300 racks to 600 racks is as a result of increasing customer needs”, he stated.
Adegbiji said, more than 70 percent of the current capacity of 300 racks is already occupied and the rest are already paid for. “By March this years, our current capacity will be exhausted. That is why we have embarked on expansion for another 300 racks. In fact, some companies are already booking for space in the new space.
He admitted that data centre business is capital intensive, therefore called on federal government to support data centre operations in Nigeria.
He said, there was the need for proper regulation of data centre in the country and called on the government to declare data centre operation as critical national infrastructure that needs government attention because of the critical role it plays in the economy of any country.
Giving details of MDXi operations in Nigeria, Adegbiji said, “MDXi is West Africa’s largest full-scale data centre provider offering colocation, wholesale deployments, interconnection and cloud services.
MDXi is the gold standard for data centre real estate in the region as it develops a data centre eco-system spanning facilities in Lagos, Sagamu, Accra, and Code D’Ivoire and Senegal.”
According to Adegbiji, MDXi is best in class infrastructure, built to TIA 942 and Uptime Institute as serves as West Africa’s Tier III Standards, which as serves as West Africa’s Tier III facility with PCI DSS, ISO 27001 and 9001 certifications.
MDXi customers have direct access to all major telecom carrier and Internet Service Provider (ISP) networks in West Africa, multiple peering exchanges in Nigeria, Ghana, Amsterdam, and London, offering cloud services in addition to data hosting.
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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