E-Business
Nigerian Firm Launches Africa’s First Virtual Meetings Solution

As businesses continue to adopt the virtual workplace, a Nigerian company has developed a new Application for video conferences and webinars, writing Africa’s name on the growing list of players in the multi-billion-dollar global meetings business.
Known as Konn3ct, the new App was developed by a young company, called Newwaves Ecosystems, led by former Chams Nigeria executive, Femi Williams.
The global virtual conferencing market has grown astronomically since the global lockdown put in place by most countries to contain the Covid-19 pandemic that began to spread rapidly around the world from February 2020.
The pandemic necessitated company shutdowns, while those in the service business had to find ways for their employees to work remote locations, mostly from their homes.
Although there have been dozens of players in the business for some years, Chinese company, Zoom Video Communications appeared to sprint ahead of the pack as runaway market leader, hosting an estimated Zoom’s most recent figures suggest the platform has 300 million daily meeting participants, at the end of 2020, compared to just 10 million in December 2019 compared to Google Meet’s 100 million participants for 2020.
Zoom, Google Meet, Microsoft and the other existing players, numbering over 140 have been splitting the market among themselves, with no competition from Africa, in a market estimated to be worth over $75 billion (N30 trillion) in the next nine years.
But these are about to change with the entry of Nigeria’s Konn3ct placing the country and Africa in prime position to play recognizable roles in the fourth industrial revolution as creators of technology rather than consumers.
Konn3ct is entering the market with more than 40 differentiating features that put the App in good stead to compete strongly with the leaders of this rapidly growing industry.
For instance, it was learned the App effectively mirrored real-life conference experiences in its construction process, enabling participants in a large conference to go into breakout sessions.
To make this experience all encompassing, Konn3ct allows as many as eight breakout rooms within the same conference after which the participants are timed out for return into the main meeting.
Apart from the breakout session feature, this new App allows organisers of any meeting to record the proceedings for proper documentation and ease of future reference, doing the job of video cameras and rapporteurs at the same time.
Another interesting feature is the one that enables the person hosting a session to play YouTube and other videos and still be able continue the presentation even while the video is still playing.
With a default high-definition audio and a video that allows for four quality bands, ranging from low to high definition, Konn3ct also has a virtual lobby where participants can see the meeting floor while waiting to input their access codes.
According to the Chief Executive Officer of the company, Femi Williams, who was upbeat about the capability of the indigenous application to hold its own against any other player in the industry.
Williams, who anchored his optimism on what he called superior meeting experience, said although there might be expected entry challenges, especially being a solution wholly developed in Africa by Africans, he was confident that the global community would opt for value against port of origin.
“We are lucky that technology solutions, such as Konn3ct, is not sold with nationality stamps, same way you have your German machines and Japanese technology driving automobile sales. If this was so, a Chinese solution like Zoom would not be the leading meetings solution in both the United States and Europe.
Technology thrives more on quality of user experience and problem-solving capabilities than nationality branding. This makes us believe that Konn3ct will compete quite well in the global market space, just to sound modest,” he stated in an exclusive interview with Leadership.
He said apart from the top-quality experience in Konn3ct, the solution also has strong security architecture that lends itself for classified meetings below the radar of open internet.
“The Transport Layer Security built into the App provides privacy and data integrity between two or more communicating computer applications. We also have the Secure Socket Layer Encryption (SSL Encryption) is a protocol to protect data during transfer and transmission by creating a channel, uniquely encrypted, so that the user and the server have a private communication link channel over the public Internet,” he explained, adding that Konn3ct, is capable of providing one of the largest meeting rooms in the market, with as many as 250 people in one room while an unlimited number can participate via livestreaming.
E-Business
NIPOST Partners KLM on Global Mail Delivery

Nigerian Postal Service (NIPOST) has signed an international mail partnership with KLM Royal Dutch Airlines for improved delivery access to over 200 countries without middlemen.
Tolani Odeyemi, postmaster-general and chief executive officer of NIPOST, described the deal as a “major milestone” for the country’s logistics and postal sector.
In a statement on X on Monday, Odeyemi explained that the new agreement marks NIPOST’s first direct international airline partnership for several years.
“For a long time, NIPOST operated without any direct partnerships with international airlines, relying heavily on multiple third-party handlers,” the Postmaster-General stated. This often resulted in delays, higher costs, and uncertainty around the delivery of packages.”
She explained that under the new arrangement, KLM will directly handle all outbound international mail from Nigeria, eliminating the need for intermediaries.
“This translates to faster and more reliable delivery, reduced risk of loss or damage, lower handling charges, and access to over 200 countries through KLM’s global network,” the Postmaster-General stressed.
According to Odeyemi, NIPOST’s breakthrough came after it began settling long-standing debts owed to international carriers, a step she said was key to “rebuilding global trust” in Nigeria’s postal system.
She revealed that talks were also ongoing with Ethiopian Airlines to bolster regional and continental logistics, particularly on African and Eastern routes.
“Our goal is clear and unwavering: to connect Nigeria regionally and globally, efficiently, securely, and affordably,” Odeyemi asserted.
The NIPOST CEO described the development as a significant win for Nigerian businesses and small and medium-scale enterprises that rely on international shipping, stating, “You now benefit from quicker, more affordable international shipping, greater peace of mind with improved reliability, and new potential to reach and grow in global markets.”
Odeyemi commended the teams behind the scenes and pledged continued improvements in service delivery, adding that the deal signals a turning point for the agency.
E-Business
Why Even the Most Experienced can Fall Victim of AI Phishing Attacks

The evolution of AI is not only affecting various industries, but it has also transformed cybercriminals’ tactics. One alarming trend is the use of AI to enhance phishing scams, refining them, targeting specific individuals, and making these attacks almost impossible to recognise.
Kaspersky reviews how AI is changing phishing techniques and why even the most cyber-aware employees may fall for these scams.
According to a recent Kaspersky study, the number of cyberattacks experienced by organisations in the last 12-months is reported to have increased by nearly half (48%) in the Middle East, Turkiye and Africa (META) region.
The most ubiquitous threat came from phishing attacks, with 51% of those questioned in the META region reporting this type of incident. With AI becoming a more prevalent enabler for cybercriminals, over half of the respondents in META (53%) anticipate significant growth in the number of phishing attacks. In this text, Kaspersky examine how AI is used in phishing and why experience alone is sometimes not enough to avoid becoming a victim.
Personalisation through AI
Previously, phishing attacks relied on a generic mass message sent to thousands, hoping some of the recipients would fall for the bait. AI has changed this into scripting highly personalised phishing emails in large numbers. Using publicly available information like that on social media, job boards, and companies’ websites, these AI-powered tools can generate emails tailored to an individual’s role, interests, and communication style.
For example, a CFO might receive a fraudulent email that mirrors the tone and formatting of their CEO’s messages, including accurate references to recent company events. This level of customisation makes it exceptionally challenging for employees to distinguish between legitimate and malicious communications.
Deepfake technology
AI has also introduced deepfakes into the phishing arsenal. These are increasingly being leveraged by cybercriminals to create fake but highly accurate audio and video messages, crafted to reflect the voice and appearance of the executives they seek to impersonate.
For example, in one reported case, attackers used a deepfake to impersonate multiple members of staff during a video conference, convincing the employee to transfer approximately $25.6 million. As deepfake technology continues to advance, it is expected that such attacks will become more frequent and harder to detect.
Bypassing traditional defenses
Cybercriminals can manipulate the script of traditional e-mail filtering systems with the use of AI. By analysing and mimicking legitimate email patterns, AI-generated phishing emails can bypass security software detection. Machine learning algorithms can test and refine phishing campaigns in real time, enhancing their success rates and making them increasingly sophisticated.
Why experience is not enough
Even experienced employees are falling victim to these advanced phishing attacks. The level of realism and personalisation that AI can achieve may override the skepticism that keeps experienced professionals cautious. Moreover, AI-generated attacks often exploit human psychology, such as urgency, fear, or authority, pressuring employees into acting without double-checking the authenticity of the request.
Combatting AI-hyped phishing
To defend against AI-driven phishing attacks, organisations must adopt a proactive and multi-layered approach that emphasises comprehensive cybersecurity. Regular, up-to-date AI-focused cybersecurity awareness training is critical for employees, helping them identify the subtle signs of phishing and other malicious tactics.
Kaspersky Automated Security Awareness Platform can help with such training. Alongside this, businesses should implement robust security tools, such as Kaspersky Next and Kaspersky Security for Mail Server, capable of detecting anomalies in emails, such as unusual writing patterns or suspicious metadata.
A zero-trust security model also plays a vital role in minimising the potential damage of a successful attack. By restricting access to sensitive data and systems, this approach ensures that even if attackers breach one layer of security, they cannot compromise the entire network. Together, these measures create a comprehensive defense strategy, combining advanced technology with vigilant human oversight.
E-Business
10 Percent of Nigerians Affected by Data Breaches since 2004

At least 10 out of every 100 Nigerians have fallen victim to data breaches since 2004, according to a new report by global cybersecurity firm Surfshark, raising serious concerns about the country’s long-standing vulnerability to cyber threats.
Surfshark’s research is based on data gathered from 29,000 publicly available databases.
Each unique breached email address is treated as a separate user account, and breaches often include additional personal data such as passwords, phone numbers, IP addresses, and postal codes.
The data was anonymised before analysis, and countries with populations under one million were excluded from the study.
Findings of the report revealed that a staggering 23.2 million Nigerian user accounts have been compromised in the past two decades, an alarming figure in a country with an estimated population of over 230 million.
This includes 7.3 million unique email addresses and 13 million passwords leaked into the public domain.
“Cyberattacks remain a persistent and growing threat globally, and Nigeria is no exception,” Surfshark stated in its analysis.
Despite a significant 85 per cent drop in new data breaches in the first quarter of 2025, falling from the previous quarter’s numbers—Nigeria still recorded over 119,000 breached accounts during the period. This places the country 34th worldwide in total breach volume.
Even with the recent decline, the scale and depth of past breaches remain troubling.
According to the report, 56 percent of Nigerian users affected by breaches are at heightened risk of identity theft, extortion, and unauthorised access to their online accounts.
“In Q1 2025 alone, an estimated one Nigerian account was breached every minute,” Surfshark noted.
The global picture also shows a dramatic shift: the number of leaked accounts dropped 93 percent year-on-year—from nearly 974 million in Q1 2024 to just 68.3 million in Q1 2025.
Countries with the highest number of breaches include the United States (16.9 million), Russia (4.4 million), and India (4.2 million).
However, when adjusted for population, smaller nations like South Sudan, Spain, and Slovenia reported the highest breach density, with South Sudan recording 61 breached accounts per 1,000 residents.
Luís Costa, Surfshark’s research lead, warned that the downturn in breach numbers should not lead to a false sense of security.
“Cyberthreats are constantly evolving, and attackers are adapting their tactics. Strong security practices, frequent password updates, and enabling two-factor authentication remain essential,” Costa stated.
The report underscores the urgent need for improved cybersecurity infrastructure and public awareness in Nigeria, as millions remain exposed to potential exploitation due to past breaches.
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