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Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

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Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

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NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

Kayode Kolade, 51, Wins Inaugural Heirs Insurance Retirement Dream Competition

L–R: Patrick Okorie, Regional Head, South, Heirs General Insurance;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

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P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Capital Market

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

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NGX Expands Market Offerings with Introduction of Commercial Paper Listings

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NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

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Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

Kayode Kolade, 51, Wins Inaugural Heirs Insurance Retirement Dream Competition

L–R: Patrick Okorie, Regional Head, South, Heirs General Insurance;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Kenya Plans $127m Fund to Boost Cyber-security in 2016

According to the 2016 report by International Data Corporation (IDC) relayed by The Nation, government of Kenya increased by 15% its budget for cyber-security.

Indeed, Kshs. 13 billion ($127,400,000) disbursed this year for the fight against cyber criminality. The ramping up of budget falls in line with presidential directive aiming to protect the state’s computer system from any criminal intrusion.

Last October, President Uhuru Kenyatta demanded that all State’s institutions and ministries establish cyber-security divisions coordinated by one authority, so that government is no more vulnerable to cyber threats.

He also requested that ICT ministry elaborates and establish directives for a better management of prices, standards, quality and volume in terms of ICT equipment.

According to IDC’s 2015 cyber-security on Kenya, attacks by hackers have cost Kenya Kshs. 15 billion ($147 million). Asides companies, public sector was most affected.

By boosting cyber-security, Kenya aims to protect its important data and also block any intrusion susceptible to preventing the country from achieving its socio-economic growth goals.

Image credit: uonbr

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