December 22, 2024
  • December 22, 2024
Breaking News

Data encryptions from ransomware attacks on businesses hit four-year high

by on May 11, 2023 0

  By Staff Reporter CYBERSECURITY firm, Sophos has revealed that the rate of successful data encryption from ransomware attacks on organizations and businesses hit the highest level in 2023. Sophos in its “State of Ransomware 2023” report, said it found that in 76 per cent of ransomware attacks against surveyed organizations, adversaries succeeded in...

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Foundry empowers over 300 entrepreneurs in Nigeria, others for sustainable growth

by on May 9, 2023 0

FOUNDRY, an initiative of The Nest Innovation and Technology Park, has empowered over 300 entrepreneurs from diverse industries, including agriculture, fashion, food and beverage, hospitality, healthcare, beauty and wellness, manufacturing, and recycling, were empowered with the right business and entrepreneurial knowledge to refine their businesses towards profitability and sustainable growth.     The empowerment, which is the sixth...

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Konga Logistics plans N5b investment drive, targets top industry position

by on May 8, 2023 0

  KONGA Logistics, the digital arm of Nigeria’s composite e-commerce firm, is investing billions of Naira in her ambition to take a commanding position in the challenging logistics sector in Africa, which stakeholders believe is responsible for the retarded growth of e-Commerce and other movement of goods and services in Africa. The company is...

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NCC commits to digital job creation as over 2000 youths get training

by on May 8, 2023 0

THE Nigerian Communications Commission (NCC) has reiterated its commitment to job creation in the country with more focus on youths development.     NCC said while one of the pillars of the National Digital Economic Policy and Strategy (NDEPS 2020-2030), which is to further accelerate economic growth in digital literacy and skills, the commission is fully...

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Nigeria to see 10% 5G penetration by December as operator deploys 2,500 sites

by on May 3, 2023 0

TELECOMMUNICATIONS operator, MTN, is hoping to achieve a 10 per cent fifth-generation (5G) network reach by the end of this year. The telecoms giant, which disclosed this in its Integrated Report for the year ended December 31, 2022, at the weekend, said it has deployed over 2,500 5G sites across its 19 markets in two continents....

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Why robust IP system is critical to creativity, innovation, by WIPO, UNDP

by on April 28, 2023 0

WORLD Intellectual Property Organization (WIPO) and UNITED Nations Development Programme (UNDP) in collaboration with The Nest Innovation Hub, have hinged creativity and innovation on a robust Intellectual Property System. Gathered at a forum with the theme: ‘Intellectual Property and Development: Creative Ecosystem Conversation, held at Microsoft Office, Kings Tower, Ikoyi, Lagos, UNDP, WIPO and...

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Nigeria to benefit as ITU, EC plan $3.3m on bridging global Internet gap

by on April 28, 2023 0

  By Tola Adedamola NIGERIA is expected to benefit from a new project partnership between the International Telecommunication Union (ITU) and the European Commission (EC), targeted at promoting Internet services and skills for everyone worldwide over the next three years. The ITU-EC project, ‘Promoting and measuring universal and meaningful digital connectivity’, will leverage EUR...

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Telecoms operator injects N70b on network modernisation, 600 new sites

by on April 19, 2023 0

TELECOMMUNICATIONS firm, 9mobile has disclosed that it has injected over N70 billion in network modernisation and expansion in the country.       Chief Executive Officer of 9mobile, Juergen Peschel, disclosed this in Lagos, when he spoke on, “Re-engage to Succeed”, informed that 9mobile is on the path of resurgence, “we are taking back lost territories in...

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