E-Business
Nigeria Hosts, Tops List of Start-Ups for DEMO Africa 2014

DEMO Africa, one of the flagship initiatives of LIONS@frica, has released the names of the 40 start-ups that have qualified to launch their products on the DEMO Africa stage in September 2014.
Interestingly, Nigeria tops the list with a total of 14 start-ups followed by Kenya, Ghana and Egypt.
Rwanda, Tanzania, South Africa and Ethiopia will each have two representatives while Tunisia, Benin, Cameroon, Uganda and Zimbabwe have earned their space at the DEMO Africa platform.
During the DEMO Africa event in Nigeria, the 40 startups will take the centre stage to launch products for addressing sectors namely communication, education, finance and banking, health, media and retail.
The event which is being hosted in Nigeria for the first time since its debut in Kenya two years ago is in recognition of the increasing ICT innovation and entrepreneurship springing up across the country.
The Local Organizing Committee (LOC) has promised that the event will be a major eye opener as Nigeria will prove itself in the comity of IT nations with necessary applications and business models for investors delight.
According to Dr. (Mrs.) Omobola Johnson, minister of Communication Technology who has demonstrated her penchant interest in Nigeria hosting the event, “it is our vision to make Nigeria the ICT Hub for Africa by harnessing and consolidating the growth of the ICT sector, as well as increase the integration of ICTs across all sectors in a manner that supports the diversification of the economy while achieving job and wealth creation”.
For the first time in history, Federal Government has focused attention on how to assist the ICT industry through various initiatives being implemented by the Federal Ministry of Communication Technology. One of such is the ICT innovation project that is to catalyst the innovation ecosystem and create successful ICT entrepreneurs.
Addressing the gathering at the inauguration of the DEMO Africa Local Organising Committee, Johnson mentioned that, “Africa may have missed out on the industrial revolution, but we surely will not in the ICT revolution. Through innovation, we will put Nigeria and Africa in general on the ICT map. Realizing the huge potential of the software industry, we have put in place a set of initiatives that will assist the tech startups to create successful businesses, which will directly create jobs and wealth”.
On behalf of the Committee, Mr. Yele Okeremi, chairman DEMO Africa Local Organising Committee [LOC, Nigeria], expressed confidence that this is a great event that is not only celebrating the amount innovation coming out of Nigeria, referring to 14 Nigerian startups out of 40, but also beaming light on the impact that ICT is beginning to make on the economic development in Nigeria and across Africa as a whole.
Harry Hare, DEMO Africa Executive Producer, acknowledged the efforts by all the participating start-ups and called upon the investors to support the work of these young entrepreneurs.
“We had really amazing entries this year, but unfortunately the DEMO Africa team can only accommodate forty for now. The high number of entries is inspiring. It only shows that entrepreneurs have risen above the fear of venturing into new waters to create new products. This in itself shows that confidence levels in Africa made solutions are steadily rising. I am confident that we will get to levels where we can generate solutions that can be applied globally,” Harry said.
Ben White, VC4Africa Founder, observed that the standard of applications continues to rise each year with Victor Okigbo one of the DEMO Africa’s jurists supporting him by commenting that the judges task to shortlist the final forty was not easy.
The application for this year’s DEMO Africa opened in March 2014 and closed in June and a panel comprising top minds in business and technology leaders from across Africa sifted the applications.
The criterion for adjudication was the ability to link creativity, innovation, effectiveness and scalability.
The selected forty start-ups are currently undergoing coaching and mentorship with global experts and mentors, supported by DEMO Africa and the US State Department.
The DEMO Africa 2014 event is scheduled to take place between 22nd and 26th of September at the Oriental Hotel in Lagos, Nigeria whereby these forty startups will have a chance to launch their products to an ecosystem of Venture Capitalists, investors, technology acquisition specialists, IT buyers and media from across the region and around the globe.
This event hosted by the Federal Ministry of Communication Technology and LIONS@FRICAis being organized in collaboration with the LIONS@FRICA partners (Microsoft, Nokia, US State Department, DEMO, USAID, African Development Bank, VC4Africa among others) and DEMO Africa Local Organising Committee.
It is believed that start-ups springing up from the event will help in addressing issues in Nigeria such as Agriculture, Health, Education, Manufacturing, Retail, Media and Entertainment, Communication and Transport and Logistics.
Others are Energy, Finance and Banking, Water and Sanitation and Waste Management and Recycling.
E-Business
SERAP Calls for Withdrawal of Nigeria’s Data Act Amendment

Socio-Economic Rights and Accountability Project (SERAP) has called for the withdrawal of the amendment of the Nigeria Data Protection Act 2023 because it seeks to regulate the activities of bloggers operating within the territorial boundaries of Nigeria.
The organisation in its letter urged Mr Godswill Akpabio, Senate President, and Mr Tajudeen Abbas, Speaker of the House of Representatives, to “immediately withdraw the repressive bill.”
The titled A Bill for an Act to Amend the Nigeria Data Protection Act, 2023, to Mandate the Establishment of Physical Offices within the Territorial Boundaries of the Federal Republic of Nigeria by Social Media Platforms and for Related Matters among others intends to regulate bloggers, including by requiring all bloggers to register local offices and join recognised national association for bloggers.
Currently, the bill has passed its first and second reading in the Senate.
In the letter signed its deputy director, Mr Kolawole Oluwadare, SERAP asked Mr Akpabio and Mr Abbas “to ensure that any amendment to the Nigeria Data Protection Act promotes and protects the rights of bloggers and other journalists and does not undermine the fundamental human rights of Nigerians.”
It demanded an end to “the imposition of unnecessary restrictions on the rights of Nigerians online and Internet-based content.”
In the letter dated April 12, 2025, the group said, “This bill is a blatant attempt to bring back and fast-track the obnoxious and widely rejected social media bill by the back-door.”
“If passed, the bill would also be used to ban major social media platforms—including Facebook, X (formerly Twitter), Instagram, WhatsApp, YouTube, TikTok, and independent bloggers if they ‘continuously fail to establish/register and maintain physical offices in Nigeria for a period of 30 days.
“Lawmakers should not become arbiters of truth in the public and political domain. Regulating the activities of bloggers and forcing them to associate would have a significant chilling effect on freedom of expression and lead to censorship or restraint.
“Should the National Assembly and its leadership fail to withdraw the bill to regulate the activities of bloggers, and should any such bill be assented to by President Bola Tinubu, SERAP would consider appropriate legal action to challenge the legality of any such law and ensure it is never implemented in the public interest,” the organisation warned.
E-Business
NITDA Warns Against Fake Google Play Store

National Information Technology Development Agency (NITDA) has issued a public advisory warning Nigerians about a fraudulent website impersonating the Google Play Store.
Mrs Hadiza Umar, head of Corporate Affairs and External Relations at NITDA, made this known on Friday in Abuja.
Umar stated that the fake website was distributing a new malware strain known as the Play Praetor Trojan.
“Cybercriminals are using fraudulent websites designed to mimic the Google Play Store to lure victims into downloading malicious applications,” she said.
She explained that the fake Play Store links were being circulated through various social engineering tactics, including phishing emails, malicious advertisements, and SMS messages.
According to Umar, once the fake application is installed, the Play Praetor Trojan gives attackers unauthorised access to the victim’s device.
“This access can lead to data theft, credential harvesting, financial fraud, remote control of the device, and further malware deployment,” she warned.
She urged the public to download apps only from the official Google Play Store or other trusted sources.
Umar also advised users to verify app developers, read reviews before installation, regularly update their devices and apps to patch vulnerabilities, and use reputable mobile security solutions to detect and block threats.
E-Business
Cyberattacks: ‘56 Percent of Cases Stem from Existing Logins

A new report by Sophos, ybersecurity firm, has said that attackers primarily gained initial network access—56 per cent of all MDR and IR cases—by exploiting external remote services like firewalls and VPNs using valid credentials.
The 2025 Sophos Active Adversary Report details attacker behavior and techniques from over 400 Managed Detection and Response [MDR] and Incident Response [IR] cases in 2024.
According to the report, the combination of external remote services and valid accounts align with the top root causes of attacks.
For the second year in row, compromised credentials were the number one root cause of attacks [41% of cases]. This was followed by exploited vulnerabilities [21.79%] and brute force attacks [21.07%].
When analysing MDR and IR investigations, the Sophos X-Ops team looked specifically at ransomware, data exfiltration, and data extortion cases to identify how fast attackers progressed through the stages of an attack within an organisation.
In those three types of cases, the median time between the start of an attack and exfiltration was only 72.98 hours [3.04 days]. Furthermore, there was only a median of 2.7 hours from exfiltration to attack detection.
“Passive security is no longer enough. While prevention is essential, rapid response is critical. Organisations must actively monitor networks and act swiftly against observed telemetry.
Coordinated attacks by motivated adversaries require a coordinated defense. “For many organisations, that means combining business-specific knowledge with expert-led detection and response.
Our report confirms that organizations with proactive monitoring detect attacks faster and experience better outcomes,” said John Shier, field CISO.
The 2025 Sophos Active Adversary Report further reveals that attackers can move quickly, with a median of just 11 hours between initial access and a breach attempt on Active Directory, a critical asset in Windows environments.
Akira emerged as the most prevalent ransomware group in 2024, followed by Fog and LockBit, the latter still active despite a major takedown.
Attack detection has improved overall, with dwell time—the time attackers remain undetected—dropping from four days to just two, thanks largely to the inclusion of MDR (Managed Detection and Response) cases.
Dwell time varied depending on the type of case: it held steady at 4 days for ransomware and 11.5 days for non-ransomware cases in incident response (IR) investigations.
In contrast, MDR cases showed much faster response times—3 days for ransomware and just 1 day for non-ransom – ware attacks.
The report also highlights that 83% of ransomware deployments occurred outside local business hours, showing attackers favor overnight activity.
Additionally, Remote Desktop Protocol (RDP) was exploited in 84% of cases, making it the most commonly abused Microsoft tool.
To strengthen their cybersecurity posture, Sophos advises organizations to take several key steps.
First, they should close any exposed Remote Desktop Protocol (RDP) ports and implement phishing-resistant multifactor authentication (MFA) wherever feasible to reduce unauthorized access risks.
Additionally, companies should prioritize timely patching of vulnerable systems, especially those exposed to the internet. Deploying Endpoint Detection and Response (EDR) or Managed Detection and Response (MDR) solutions with 24/7 monitoring is crucial.
Finally, having a well-defined incident response plan—and regularly testing it through simulations or tabletop exercises—can greatly improve preparedness for potential attacks.
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