News

Beware, Generative AI, ChatGPT Now Common Scammers’ Tool

Unauthorized bank transfers. Identity theft. Fooled by deep fakes. No one is too old, too young or too poor to escape being targeted by thieves. “Cybercrime affects everyone, and the threats are constantly changing,” warns trusted cybersecurity expert Greg Schaffer. “Criminals know that accessing lots of smaller accounts can add up quickly.” Surprisingly, Schaffer says […]

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Business

Media Rights Agenda Boss, Ojo to Chair 2024 DigitalSENSE Forum

One of the top 10 digital change makers in Africa and Executive Director of Media Rights Agenda (MRA), Mr. Edetaen Ojo would preside over the 2024 Nigeria DigitalSENSE Forum on Internet Governance for Development (IG4D).The Lead Consulting Strategist, DigitalSENSE Africa, a project of ITREALMS Media group, Mr Remmy Nweke, made this disclosure, saying that Ojo, […]

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Business

IoT West Africa to Showcase Emerging Technologies & Hype Nigeria’s Telecoms Industry Regional Impact

The upcoming 2024 IoT West Africa Conference and Exhibition, holding in Lagos, Nigeria, stands as a pivotal marker in the technological renaissance sweeping Nigeria and the broader West African region. According to the organisers, this event is not just a showcase of emerging technologies but an acknowledgment of the vital role the telecom industry plays […]

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Business

Poor Bandwidth Slows Business Operations, Says LiFiNet CEO

Having a fast and reliable internet connection is a necessity. The efficiency and productivity of business operations heavily rely on the quality of your internet service. Chief Executive Officer, LifiNet, Abraham Oluwambe, who made those remark while speaking on the need to make the right choices on internet services providers,  said that one critical aspect […]

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Technology

Lagos Unveils Cybersecurity Project Ahead of Passage of Innovation Bill to Secure IT Infrastructure

The Lagos State government has launched its cybersecurity project designed to safeguard the State’s digital infrastructure against potential attacks that are becoming rampant. The State is also pushing for a State Innovation Bill through which it could implement policies and laws that would improve the development of technology in the State. The Innovation Bill, if […]

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Telecoms

South Africa’s ICASA Gives Telecoms Operator 2025 Deadline to Connect 50% Public Institutions to Internet

Fifty percent of public service institutions − such as schools, clinics, hospitals, libraries and traditional offices − are anticipated to be connected to the internet by 31 March 2025. This, as part of the universal service obligations imposed on licensees by the telecoms regulator, following the licensing of high-demand spectrum in March 2022. So says the Independent […]

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Business

Mobile Internet Usage Gap in Low & Middle-Countries Shrinks as 66% of Women Grab Access 

Women in low- and middle-income countries (LMICs) are increasingly adopting mobile internet much faster than men, after stalling amid the COVID-19 pandemic. So said Claire Sibthorpe, Head of Digital Inclusion in the mobile for development team at the GSM Association (GSMA), commenting on the findings of The Mobile Gender Gap Report 2024. Compiled by the […]

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Economy

UPDATED: FG Suspends Cybersecurity Levy

The Federal Government has suspended the controversial cybersecurity levy on electronic banking transactions. Nigeria’s Minister of Information and National Orientation Mohammed Idris disclosed this while briefing State House Correspondents after the Federal Executive Council (FEC) meeting at the State House in Abuja on Tuesday. He said the policy is undergoing a review. “The position of […]

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Business

NESG Faults Introduction of Cybersecurity Levy, Says Nigerians Can’t Feed

The Nigerian Economic Summit Group (NESG) has faulted the timing of the introduction of the 0.5% cybersecurity levy on electronic transactions recently introduced by the Central Bank of Nigeria (CBN). In a statement on Thursday, NESG asked the Federal Government to reconsider the levy as Nigerians are currently groaning under multiple taxation and inflationary pressures. In […]

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Business

Intra-Accounts Transfers & Inter-Bank Transfers Exempted from Cybersecurity Levy, Says CBN

The Central Bank of Nigeria, said that the proposed cybersecurity levy on all banking transactions does include Intra-account transfers within the same bank or between different banks and Inter-branch transfers within a bank. The apex bank in circular had directed banks and other financial institutions to start charging cybersecurity levy on financial transaction. The circular […]

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