By Doros Hadjizenonos Regional Director – SADC at Fortinet As the threat landscape continues to evolve rapidly, it now includes increasingly sophisticated, zero-day malware that traditional security approaches can no longer keep pace with. As a result, security researchers estimate that the cost of cybercrime will outpace security spend by over 16X, reaching $2.1 trillion
- Suite B2, 229, Ikotun - Idimu Road, Lagos Nigeria
- Call Us Today : +2348023088874
Contact Us
- info@businessjournalng.com
- +2348023088874
Our Blog
March 18, 2019
Cost of Global Cybercrime to Reach $2.1tr in 2019
- By : Business Journal
- IT & Telecom
March 18, 2019
AMCON to Disengage Non-performing AMPs over N740bn Debt
Mr. Ahmed Kuru, Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON) has hinted that AMCON may disengage Asset Management Partners (AMPs) that cannot cope with the speed and enormous challenges of debt recovery expected by the corporation. He also promised that the corporation may assign more accounts to AMPs that have shown aggression and zeal
- By : Business Journal
- Business
March 18, 2019
IMO Dep Gov Elect: ‘No More Sharing of ISOPADEC Funds’
Imo State Deputy Governor-elect, Rt. Hon. Gerald Alphonsus Irona says funds meant for Imo State Oil Producing Areas Development Commission-ISOPADEC shall no longer be diverted, but will be used for the development of the oil producing areas of the State. Irona stated this while addressing thousands of stakeholders of Ohaji/Egbema/Oguta/Oru West Federal Constituency, who gathered
- By : Business Journal
- News
March 18, 2019
Sheraton Unveils New Logo Marking Transformation Milestone
Sheraton Hotels & Resorts, Marriott International’s most global brand continues its transformation journey with a nod to its timeless pioneering legacy, as it unveils a new logo that pays homage to its past and depicts its vision for the future. The new design reflects the brand’s holistic vision for the future, making Sheraton the central gathering
- By : Business Journal
- Tourism
March 18, 2019
Cars45 Expands Retail Footprints with Enyo Partnership
In continuation of its drive to facilitate ease of access and deliver more convenient services, Nigeria’s largest online vehicle trading platform, Cars45, has partnered with ENYO Retail and Supply, an innovative fuel retail brand, to increase its retail footprints and provide consumers with opportunities to buy, sell or swap their cars at all Enyo service
- By : Business Journal
- Company News
March 18, 2019
#VisaFreeAfrica Initiative Introduces Writing Competition
#VisaFreeAfrica (VFA) recently introduced the 55 Voices for a Visa Free Africa (55Voices4Africa) writing competition, inviting all African youth to share stories about the challenges they faced with intra-continent travel. VFA is a global campaign to facilitate mobility in Africa driven by the Kigali Global Shapers in partnership with National Aviation Services (NAS), the fastest
- By : Business Journal
- Aviation
March 12, 2019
Access Bank: ‘Our Case on N2.5bn Fraud Allegation’
Access Bank Plc has denied wrong-doing in the alleged sale of goods worth N2.5 billion belonging to one of its customers. The denial was bluntly made when the Police Special Fraud Unit in Lagos charged Access Bank Plc, its managing director and chief executive officer, Herbert Wigwe, and others with 21 counts of conspiracy, fraudulent
- By : Business Journal
- Banking
March 12, 2019
Nigeria, SA Lift Africa’s Smartphone Market to 88.2m Units in 2018
While 2018 was a tough year for worldwide smartphone shipments, Africa experienced year-on-year growth for first time since 2015, according to the latest figures announced by International Data Corporation (IDC). The global technology research and consulting firm’s newly released Quarterly Mobile Phone Tracker shows the African smartphone market grew 2.3% in 2018 to total 88.2 million units,
- By : Business Journal
- IT & Telecom
March 12, 2019
Equities Market Extends Losses to 5th Consecutive Trading Sessions
In yesterday’s trading session, the local bourse shed 1.0% to settle at 31,313.36 points following losses recorded in GUARANTY (-4.8%),INTBREW (-9.9%) and DANGCEM (-0.5%). Accordingly, market capitalisation shed N120.6bn to settle at N11.7tn while YTD loss stood at -0.4%. However, activity level improved as volume and value traded advanced by 71.0% and 22.7% to 219.5m units and N2.5bn respectively. The
March 12, 2019
Vista Bank Selects Temenos to Power Digital Transformation in Africa
Vista Group, a challenger bank building itself into a world class pan-African financial institution specifically designed to meet the needs of retail and commercial customers, has partnered with Temenos, the banking software company, to power its digital transformation journey. Vista Bank is transforming its IT systems using Temenos Infinity, a breakthrough digital front office and
- By : Business Journal
- Banking
March 11, 2019
NCC Decries Proliferation of Substandard Handsets in Nigeria
Worried by the continuous proliferation of substandard mobile phones and devices in the country, the Nigerian Communications Commission (NCC) has again advised telecom consumers to eschew patronage and usage of counterfeit handsets and other substandard mobile devices in the country. This was the fulcrum of a one day event tagged: “Sensitization programme on hazardous effect
- By : Business Journal
- Insurance
March 11, 2019
Can Nigeria Regain Business Environment Reform Steam?
This week, Afrinvest Research says it is turning its attention to the on-going business environment reforms started by the President Buhari administration in 2016. The Presidential Enabling Business Environment Council (PEBEC) is the institution tasked with the reforms that make it easier to do business in Nigeria. The improvements are expected to come in the
March 11, 2019
AMCON: ‘We Need More Women in Financial Services’
In commemoration of the International Women’s Day (IWD) the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has called on parents to educate the girl child to enable them stand the opportunity to compete with their male counterparts in the financial services industry and other fields of employment hitherto
March 10, 2019
Ecobank Nigeria Unveils Female Entrepreneurs Initiative on IWD
Ecobank Nigeria has unveiled a special initiative for female entrepreneurs as part of activities to mark the International Women’s Day, 2019. The Ecobank Female Entrepreneurs Initiative is a platform designed to recognise women as special and unique customers who require tailor-made service offerings. The concept is designed to provide women with the necessary support to
- By : Business Journal
- Banking
March 10, 2019
Nestlé: ‘More Women in the Workplace Make Business Sense’
Nestlé has launched an ambitious Gender Balance Acceleration Plan ‘From Aspiration to Action’ as part of its activities to highlight International Women’s Day 2019. The world’s largest food and beverage company believes that a gender balanced workforce makes business sense as it helps to boost innovation and performance, which as a result, better serves the needs of
- By : Business Journal
- Company News
