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Cybercrime has moved from site hacking to institutional sophisticated attacks—Expert


Emerging cyber crime detective and Business Development Manager of Asseco Nigeria, Peter Uka, has noted that cybercrime has moved from basic websites hacking and stolen of users’ data to more sophisticated methods of targeting e-Commerce sites, financial, tertiary institutions, insurance companies, and government parastatals among others. This was displayed on Saturday when cyber attacks on national systems and leading global ...

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Smile Telecoms appoints Ahmad Farroukh board member to drive operations


Smile Telecoms, a Pan-African telecommunications group with operations in Nigeria, Uganda, Tanzania and the Democratic Republic of the Congo, has announced the appointment of Ahmad Farroukh to its Board as Executive Director, Operations, since first of May, 2017. Ahmad is an experienced telecoms executive with a distinguished record of commercial success, extensive experience working in Africa and an impressive ability ...

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Etisalat reacts, denies collapse of talks with banks on loan repayment

Etisalat nigeria

In view of the barrage of news reports showing that banks are not very comfortable on the direction and slow process of talks with Etisalat Nigeria in the repayment of loans, the Vice President, Regulatory and Corporate Affairs in the group, Mr. Ibrahim Dikko has denied that discussions with consortium of bankers went deadlocked. In a swift reaction, he said ...

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Nigeria, other Africans missing as W/Union digital service goes live in 40 countries

Western Union

Upon the volume of outlets and capital flights it had been recording in Nigeria and other African nations, leading international money transfer group, Western Union has made its digital services live in 40 developing countries excluding African nations. Business Hilights recalls that the company’s over 75 per cent cross-border person-to-person (P2P) transfers are made in Africa and Nigeria in particular. ...

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MTN hasn’t increased price of Recharge Cards, says cost remains face value as seen

MTN logo

Contrary to speculations that leading GSM operator, MTN Nigeria may have jerked up the costs of its recharge cards without effecting same on face values of the denominations, it has denied the rumour, saying there was never an increase on the prices of its recharge cards. This puts to rest, claims by recharge card vendors, who have been in the ...

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YouTube boss, Wojcicki congratulates Emmanuel TV for new world record in viewership

SCOAN, Synagogue front

The Chief Executive Officer of American based digital TV group, YouTube, Susan Wojcicki, has handed over a gold plate to the operators of Emmanuel TV, the Synagogue Church of All nations (SCOAN) for hitting a rare height of surpassing 100,000 subscribers mark. In the letter conveying  the YouTube Creators Awards for the feat exclusively made available to Business Hilights, Wojcicki ...

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More confusion for Etisalat Nigeria as deadlock trail loan repayment talks with banks


Indication has emerged showing that the loan-ridden telecoms, Etisalat Nigeria is not yet out of the woods as moves to renegotiate the $1.2 billion defaulted loan with Nigerian banks has hit the rock following the missing of the last payment timetable. Signal to the latest default may have been given by the Managing Director of GTBank, Mr. Segun Agbaje who ...

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Leading ISP, Spectranet wins double awards in services, assures better deliveries

Spectranet award

Premier Internet Service Provider (ISP), Spectranet 4GLTE has been recognised with two awards by BusinessDay and Nigeria Communications Week for its innovative drive in the Broadband and Internet Service sector of Nigeria’s economy. Spectranet 4G LTE, with fast and reliable internet service for the home and office, got Beacon of ICT Award, an award put together by Nigeria Communication Week ...

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Facebook concludes plans to ease out websites with deceptive advertisements

facebook zuckerberg

New report from AFP has given an indication that Facebook is planning to intensify its crackdown on so-called click bait websites, saying it will begin giving lower prominence to links that lead to pages full of deceptive or annoying advertisements. Andrew Bosworth, Facebook’s vice president of ads and business platform, told newsmen that the downgrade of the links was expected ...

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Yudala gives more insights on why Ponzi scheme thrives upon risks, awareness

Ponzi Scheme

The Research & Development Unit of Yudala, Nigeria’s fastest growing e-commerce outfit has concluded a new study on why Ponzi schemes remain popular in spite of their clear and present dangers. It would be recalled that the scheme was largely unheralded for a long time. Ponzi schemes came to the consciousness of the entire nation in 2016. The study revealed ...

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