E-Business
Team C-Stell Win as Access Bank Partners AFF in Nigeria’s Largest Hackathon

Team Cosmos Constellation (C-Stell) emerged as winners of the //Re:Code Nigeria Hackathon 2018 themed “Data Hack” which was sponsored by Access Bank Plc in partnership with Africa Fintech Foundry (AFF).
The team was part of the 115 multiple teams of talented developers, designers, problem-solvers, out-of-the-box thinkers, and code magicians that participated in the event.
//Re:Code Nigeria Hackathon is an event that brings together developers from diverse background in Nigeria to collaborate in providing innovative solutions to help resolve some of the Nation’s toughest challenges in the financial services industry.
Participants were grouped into 26 teams to provide solutions to three problem statements, and pitch their solutions to the judges within a time frame of 48hours. The winners went home with a cash prize totalling almost N5million among other prices.
The winning team this year, Cosmos Constellation (C-Stell) created a system to minimise demurrage contributed by human errors by creating a system that uses optical character recognition to fetch text from scanned documents. It also provides notifications to minimise demurrage and offers the tracking of shipments across ports.
Team Ace took second place with their solution called TrackIt. They created a system that not only views and gives up to date tracking of shipments, but can check analytics and provide information of all payments accrued and shipments in process or honoured in real time.
Third place went to Team BAT (Building Awesome Technologies). They created a Smart assistant which leverages Imputed data set, Unsupervised Deep-learning algorithm and Internet of things to aid and guide the users in making informed decision while keeping engagement simple
Speaking at the event, Adeleke Adekoya, AFF’s Business Solutions Architect said, “At AFF, we are known to lead and deliver a comprehensive digital strategy and be at the forefront in providing innovative technological solutions leading to significant improvements in customer satisfaction.
We organize Hackathon to bring indigenous technological solutions to the global stage, and showcase Nigeria’s strides and solutions in the Fintech and technology space as this will rapidly unlock new economic opportunities and accelerate our development as a nation.”
Victor Etuokwu, Executive Director, Access Bank Plc said for Fintech to thrive in Nigeria, a framework that encourages innovation and ensures consumers are protected must be in place.
“At Access Bank, we have a track record of technological innovation and as a leading Bank in driving digital banking in Africa.
“We seek to create new opportunities in emerging markets by providing a platform designed to inspire and challenge innovators and entrepreneurs, as such we have partnered with AFF and leveraged on our global platform to further foster innovation, drive entrepreneurship as well as economic development,” he stated.
He maintained that Access Bank, was committed to supporting innovative projects and ideas initiated for the benefit of the Nigerian economy and Africa as a whole.
Meanwhile, James Todd, Chief Financial Officer (CFO) of Unilever Plc expressing his joy at the successful outcome of the event adding that, “It was a huge pleasure and a great privilege to take part in Hackathon 2018 and I was delighted with the output from the teams. Personally, I found it a huge learning experience, and I am already applying some of the lessons for impact in our business across Africa.”
The problem statements for //Re:Code Nigeria Hackathon 2018 were:
- How financial technology can address supply chain challenges (from finished goods to retail) in the FMCG sector to drive profitability and growth.
- Leveraging big-data analytics, Identity management and behavioral analysis to identify customers’ needs, reduce risk, exposure, provide investment advice & lending services.
- Financial Inclusion for the Agric and related sectors with a focus on improving credit scoring and financing opportunities for small and medium scale operators
The panel of judges were James Todd – CFO Unilever Africa, Victor Etuokwu, Executive Director, Personal Banking, Access Bank Plc, Bayo Adekanmbi, Chief Technical Officer (CTO), MTN, Iyin Aboyeji, Managing Director, Flutterwave and Ayodeji Balogun, Country Manager AFEX.
The event also had in attendance high profiled personalities such as Ernest Ndukwe, OFR, former Vice Chairman, Nigerian Communications Commission (NCC), Adebisi Shonubi, CEO, Nigeria Interbank Settlement System (NIBSS), and Roosevelt Ogbonna, Group Deputy Managing Director of Access Bank Plc.
The first edition of AFF Hackathon held in 2017 was themed “Customer experience and value beyond payment”, unveiled the birth of an AI platform by the winning team called Voice IT- a cloud-based, pay as you go, face and voice biometrics platform which allows a rapid build and deployment of security solutions.
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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