E-Business
V-AFRICA: QNET to Host First Premier Networking and Business-Building Event in Nigeria

QNET, a global lifestyle and wellness-focused direct-selling company is excited to announce the upcoming launch of V-Africa 2024, an event designed to bring together network marketing experts, seasoned business leaders, and international entrepreneurs in Nigeria.
V-Africa signifies a dedicated effort to empower local entrepreneurs and drive economic growth in Nigeria’s dynamic business landscape.
This inaugural event is scheduled to take place on the 2nd of March 2024 in Nigeria’s capital, Abuja, marking a significant milestone in QNET’s commitment to building brand awareness and credibility in the Nigerian market.
Building on the resounding success of V-Malaysia 2023 in Malaysia, a memorable double convention celebrating QNET’s 25th anniversary, the five-day event provided a valuable platform for industry thought leaders, select journalists from tier 1 media outlets in Nigeria, QNET’s customers, and distributors.
Attendees immersed themselves in enriching business-building training sessions, gained insights from accomplished distributors, and acquired valuable industry knowledge.
Additionally, the event saw the launch of two standout products, namely the HomePure Nova with Pi-Plus Cartridge and the Bernhard H. Mayer OMNI Watch Collection, the company’s first eco-fashion timepiece collection, aligning with QNET’s commitment to promoting a healthy lifestyle and reducing environmental impact. With this successful precedent, QNET is eager to expand its reach and influence across Africa.
Biram Fall, Regional Manager for QNET Sub-Saharan Africa, commented: “We are absolutely delighted to announce the arrival of V-Africa 2024 in Nigeria.
“This event promises to provide a transformative platform, fostering invaluable opportunities for networking, immersive learning experiences, and fruitful collaborations.
“It is poised to be a pivotal moment, enabling our esteemed stakeholders to unlock the boundless potential offered by QNET’s innovative range of products and dynamic business opportunities.
“This event underscores our unwavering commitment to empower individuals and businesses alike and to further solidify QNET’s position as a driving force for positive change in the Nigerian market and beyond.”
During the event, attendees will have the opportunity to interact with QNET’s top distributors and leaders, gaining valuable insights into the company’s ethos and dedication to enhancing lives through a diverse range of exceptional products. Furthermore, the event will provide a unique opportunity for the media to delve into QNET’s brand narrative, business operations, and unwavering commitment to delivering quality and value to its customers.
Akeem Ajisafe, Managing Director and CEO of Transblue Limited expressed his profound excitement, stating, “Bringing V-Africa to Nigeria is a momentous occasion for us. It signifies a significant milestone in our commitment to the Nigerian market and our mission to empower individuals towards a more prosperous future.
“This event will be a catalyst for personal and professional growth, offering attendees unparalleled insights into the direct-selling industry and access to QNET’s exceptional products and business platform.
“We look forward to creating lasting impacts and strengthening connections within the Nigerian community.”
V-Africa 2024 aims to strengthen QNET’s presence in Nigeria, fostering mutually beneficial partnerships and contributing to the growth of the direct selling industry in the region.
The carefully curated agenda, boasting a diverse roster of accomplished speakers, engaging interactive sessions, and immersive, hands-on workshops, ensures that attendees are in for an experience that is dynamic and profoundly enriching.
Participants can anticipate gaining invaluable insights, honing their skills, and forging connections that will impact their personal and professional journeys.
E-Business
FG Launches Online Citizenship, Business Management Platform

Ministry of Interior has announced the launch of a new Online Citizenship and Business Management Platform in line with the Renewed Hope Agenda of President Bola Tinubu.
A statement signed by Dr Magdalene Ajani, permanent secretary, Ministry of Interior’s said the initiative forms a key part of its ongoing reforms aimed at promoting transparency, enhancing operational efficiency, and significantly improving service delivery to the public.
The new digital platform is designed to streamline the application and processing of citizenship and business-related services, ensuring faster turnaround times and improved user experience.
The platform allows users to apply for and manage business permits, ensuring that both local and foreign businesses operate legally in Nigeria.
It includes an Expatriate Quota System to manage work permits for foreign employees, helping companies hire skilled workers while complying with Nigeria’s immigration laws.
The Citizenship Administration and Management System provides a streamlined online process for applying, tracking, and managing Nigerian citizenship applications and related services.
Members of the public, corporate entities, and other stakeholders are expected to access the platform through the ministry’s website: https://interior.gov.ng , Direct Portal Access: https://candb.interior.gov.ng , or contact candb-support@interior.gov.ng for support and inquiries.
“The Ministry of Interior remains committed to establishing a more efficient, transparent, and secure framework for citizenship administration, while continuously enhancing service delivery through digital transformation,” the statement read in part.
E-Business
NITDA, CISCO Empower Youth with Digital Skills

Fifty selected young unemployed Nigerians have completed a four-week intensive digital skills bootcamp under the Digital Literacy for All (DL4ALL) initiative, gaining practical training in Data Science, Artificial Intelligence (AI), and IT Essentials.
The programme, a collaborative effort between the National Information Technology Development Agency (NITDA) and Cisco, was hosted at NITDA’s South West Zonal Office in Victoria Island, Lagos.
Speaking on behalf of the Director General of NITDA, Kashifu Inuwa , the Head of the South West Zonal Office, Mrs. Chioma Okee-Agugwo, described the initiative as a vital component of Nigeria’s digital future. “This is not just a closing ceremony. It is the launchpad for new journeys—anchored in digital knowledge and powered by innovation,” she remarked.
According to the Director General, the initiative is rooted in NITDA’s Strategic Roadmap and Action Plan (SRAP 2.0) and reflects key focus areas including Digital Literacy, Emerging Technologies, and Youth Empowerment. It also aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which seeks to accelerate economic diversification through digitisation, innovation, and skills development.
Inuwa noted that the DL4ALL initiative forms part of Nigeria’s broader commitment to digital inclusion—ensuring that no one is left behind in the evolving digital economy. It also supports the ambitious goal of achieving 70% digital literacy by 2027, championed by the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. This national vision aims to equip millions of Nigerians with the skills required to thrive in a tech-driven world.
He further emphasized the importance of empowering youth with globally relevant skills. “They are no longer just consumers of technology. They are creators, innovators, and future employers,” he said.
The NITDA boss explained that throughout the bootcamp, participants engaged in hands-on learning experiences designed to build both technical proficiency and digital leadership capabilities.
“This is only the beginning,” he stated. “Through our zonal strategy, we are bringing innovation closer to local communities. This is how we democratise access and unlock Nigeria’s full digital potential.”
Inuwa expressed appreciation to Cisco for delivering high-impact training and called on stakeholders to continue investing in partnerships, people, and platforms that drive digital inclusion.
He asserted that the newly certified participants are now equipped to contribute meaningfully to Nigeria’s digital economy—armed with the skills to build solutions, secure infrastructure, and launch tech ventures that solve real-world problems.
At the end of the bootcamp, participants demonstrated their knowledge through impressive presentations that showcased the integration of skills acquired across Data Science, AI, and IT Essentials. Many spoke passionately about how the programme had expanded their technical competence and sparked a drive to create job opportunities—not only for themselves but also for others—as entrepreneurs and digital solution providers in their communities.
E-Business
Cyberattack Could Cost it Up to $400m – Coinbase

Coinbase forecast a hit of between $180m and $400m from a cyberattack that breached account data of a “small subset” of its customers, the crypto exchange said in a regulatory filing on Thursday.
The company received an anonymous email on May 11, claiming to have information about certain customer accounts as well as internal documents.
While some data — including names, addresses and emails — was stolen, the hackers did not get access to login credentials or passwords, Coinbase said.
Still, it will reimburse customers who were tricked into sending funds to the attackers.
Hackers had paid multiple contractors and employees working in support roles outside the US to collect information.
The company has fired those involved, it said.
Separately, the New York Times reported that the US Securities and Exchange Commission (SEC) was investigating whether the company had misstated its user numbers.
Coinbase shares extended losses after the report and were last down 6.5%.
“This is a hold-over investigation from the prior administration about a metric we stopped reporting two-and-a-half years ago, which was fully disclosed to the public,” said Paul Grewal, Coinbase’s chief legal officer.
“While we strongly believe this investigation should not continue, we remain committed to working with the SEC to bring this matter to a close.”
The SEC declined to comment.
The latest developments come days before the company is set to join the benchmark S&P 500 index, casting a shadow over what was expected to be a landmark moment for the crypto industry.
Security remains a challenge for the crypto industry despite its growing mainstream acceptance.
In February, Bybit disclosed a hack in which about $1.5bn worth of digital tokens were stolen — widely described the biggest crypto heist ever.
“The cyberattack may push the industry to adopt stricter employee vetting and introduce some reputational risks,” said Bo Pei, an analyst at US Tiger Securities.
Funds stolen by hacking crypto platforms amounted to $2.2bn in 2024, according to a report from Chainalysis, a US-based blockchain analysis firm.
“As our nascent industry grows rapidly, it draws the eye of bad actors, who are becoming increasingly sophisticated in the scope of their attacks,” said Nick Jones, founder of crypto firm Zumo.
Coinbase has refused to pay a ransom of $20m demanded by the attackers and is working with law enforcement agencies. Instead it has established a $20m reward for information on the hackers.
The company is also opening a new support hub in the US and taking other measures to prevent such cyberattacks, it said.
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