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Business

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Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

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FG Boosts MSME Financing with NCGC Initiative

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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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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

SEC DG: Commission Considering Gradual Implementation of ISSB Standards

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ISSB-Aligned Disclosures Will Lower Capital Costs, Attract Global Investors — SEC

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SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

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SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

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SEC DG: Digital Assets Represent $10tn Opportunity by 2030

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

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Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has...

Sovereign Trust Insurance Celebrates 2025 Customer Service Week

Sovereign Trust Insurance Plc has been actively involved in...

Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

Leadway, one of Nigeria’s foremost non-banking financial services and...

Business

Troyka Holdings Chair, Biodun Shobanjo, Inducted into Loeries Hall of Fame

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Zenith Bank, NEM, Seplat, AIICO, Dangote Cement, First HoldCo Recognised as Nigeria’s High-Performing Companies

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Finance Min, Wale Edun, to Keynote FiBOP Annual Confab Oct 18

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Niteon Unveils First African Manufacturers Bank to Unlock $200bn Digital Export Market

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FG Boosts MSME Financing with NCGC Initiative

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ICT

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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SEC DG to Cadets:  Invest Early, Long Term to Create Wealth

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SEC DG: Accountability, Transparency will Boost Investor Confidence in Capital Market

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SEC DG: Digital Assets Represent $10tn Opportunity by 2030

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Insurance

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

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Leadway Assurance: Insurance Company of the Year at 2025 BAFI Awards

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Heirs Insurance Group Announces Inaugural Travel Festival: A Call for Inclusive Travel Ecosystem for Africans

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Leadway: 55 Years of Innovation, Expanding Financial Access, Inclusion Across West Africa

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NCC Warns Users against ‘Mobile Apps Group’ over Trojan, Malware Concerns

Following the constant introduction of malicious apps into Google Play Store, the Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised against the installation of apps from the offending publisher, the ‘Mobile Apps Group’, whose products were discovered to contain Trojans and adware that are harmful to users and their privacy.

NCC-CSIRT’s advisory on the incident disclosed that “The Nigeria Computer Emergency Response Team (ngCERT) has continued to observe and monitor the constant introduction of malicious mobile applications into Google Play Store.

“Mobile apps Group has a history of distributing malware-infected apps through the Google Play store, and the current batch of apps has already been downloaded over a million times” it said.

It listed this group’s malicious apps as the Bluetooth Auto Connect; Bluetooth App Sender; Driver: Bluetooth, Wi-Fi, USB; and Mobile transfer: smart switch.

According to the advisory, “The apps will delay the display of ads for up to three days after installation to avoid detection. However, once this period has passed, the user is bombarded with advertisements and is directed to malicious phishing websites in the Chrome browser. While the device is idle, the malicious app can open Chrome tabs in the background. Some of the sites it opens may appear to be harmless, but they are pay-per-click pages that generate revenue for the developers when clicked on.”

Consequences of installing the malicious apps include the user being bombarded with advertisements, which will degrade the user experience; theft of sensitive user data; clicking on the ads resulting in the stealth download or installation of additional malware, as well as the user privacy and data being jeopardized.

These unpleasant consequences are avoidable when users refrain from downloading apps developed by Mobile apps Group and ensure to read app reviews before installing any app. Other proffered solutions are for users that may have installed any of the identified malicious apps to immediately uninstall them and to install up-to-date anti-malware solution to detect and remove malware.

NCC-CSIRT rated the malicious activities of the offending apps as high in probability and potential to do damage.

The CSIRT is the telecom sector’s cyber security incidence centre set up by the NCC to focus on incidents in the telecom sector and as they may affect telecom consumers and citizens at large.

The CSIRT also works collaboratively with ngCERT, established by the Federal Government to reduce the volume of future computer risk incidents by preparing, protecting, and securing Nigerian cyberspace to forestall attacks, and problems or related events.

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Topics

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Chinese Firm Flags-Off Production of Meters in Nigeria

A Chinese firm, Golden Horse Company Limited, has commenced the manufacture of electric meters in Nigeria following the approval of its application by the National Electricity Regulatory Commission (NERC). This was stated in Abuja by Mr. Mathew Uwaekwe, the National Co-ordinator, Nigeria-China Business Council. He said the company has since commenced production of the meters, and expressed the confidence that jobs will not only be created but that it would save the country millions in foreign exchange that could have been used for the importation of meters.

Xend Finance Opens Transactions in Ghana Cedis, Kenyan Shilling on Mobile App

The first international Global Crypto bank, Xend Finance, just...
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