Nigeria’s Internet fraudsters target corporate e-mail

Read time 2min 40sec A cyber caf’e in Nigeria’s commercial capital Lagos. West Africa’s infamous Internet scammers have evolved, dropping their impersonations of online love interests, princes and US soldiers in favour of hijacking corporate e-mails, costing businesses hundreds of millions of dollars a year. It is a much more lucrative venture that works by… Read more Nigeria’s Internet fraudsters target corporate e-mail

Nigeria’s Internet fraudsters zero in on corporate email accounts

ABUJA (Reuters) – West Africa’s infamous internet scammers have evolved, dropping their impersonations of online love interests, princes and U.S. soldiers in favor of hijacking corporate emails, costing businesses hundreds of millions of dollars a year. A cyber cafe is seen beside a bank automated machine in the Ogba district in Nigeria’s commercial capital Lagos,… Read more Nigeria’s Internet fraudsters zero in on corporate email accounts

MTN introduces music streaming service in Nigeria

April 20, 2018 • Online & Social, Top Stories, West Africa Music + streaming service Nigeria lands deal with Sony Music Music streaming service of telecommunications operator MTN, has entered into a partnership with Sony Music Entertainment to distribute on its platform in the Federal… Source link

There’s a growing trend of foreign investors leaving the Nigerian startup scene

Over the past decade, Nigeria has been welcoming foreign investors into the Internet startup space, both as players in the market as well as financers. But there appears to be a growing trend in the last five years over the exit of foreign investment and businesses in the country. No doubt, the resulting effects of… Read more There’s a growing trend of foreign investors leaving the Nigerian startup scene

Yudala, Konga merger kick starts consolidation of Nigeria’s e-commerce sector

….Why Africa’s e-commerce fortune looks bright with merger….The role of technology in e-commerce growth By Prince Osuagwu (Hi Tech Editor) Despite unhealthy competitions which have held e-commerce outfits down and occasioned a drop in the growth trajectories of the sector, there are strong indications that consolidation is gradually happening in the industry and the fortunes… Read more Yudala, Konga merger kick starts consolidation of Nigeria’s e-commerce sector