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Blackberry Unveils New Android Phone

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Blackberry
  • Blackberry Unveils New Android Phone

Blackberry Mobile Nigeria on Monday unveiled Blackberry KEY2 LE, an Android version of Blackberry smartphone in the Nigerian market.

The re-born icon Blackberry brand is being sponsored by Ngilex Mobile Ltd.

Speaking during the unveiling in Lagos, the Chief Executive Officer, Ngilex, Mr Kingsley Obaji, said that with the Blackberry KEY2 LE, the company was targeting 10 per cent market share in Nigeria by end of 2019.

Obaji said that Nigeria was 7th in the world in terms of cell phone usage; hence, the Nigerian smartphone market had to be taken seriously.

He said that Blackberry was ready for the competition in the market, as it had the best product that would enable it become the leader in the smartphone market in a couple of years.

According to him, Ngilex Mobile wants Blackberry phones to be organic, to be part of Nigerian smartphone business; hence, is looking at what the market demands.

“Nigerian market demands the best. The market is large; the Nigerian users are smart and looking for better options.

“We are looking at capturing some five per cent to 10 per cent market share within the next year and this requires a lot of efforts in marketing and outreach,” he said.

The Ngilex boss said that the all-new Blackberry smartphones brought together iconic Blackberry features; with new experience that included dual-SIM, dual-rear camera, more intelligent keyboard, extended battery life and improved privacy controls.

He said that the Blackberry KEY2 LE ran the latest Android 8.1 Oreo operating system and provided access to millions of applications in the Google Play store.

Obaji said that Nigeria was the first country in Africa to receive and market the Blackberry KEY2 LE smartphone.

He said that the KEY2 LE came at a time when the Nigerian market was looking for a different smartphone option.

According to him, the company brings values of productivity, reliability and security to the next level.

“Talking about productivity, the BlackBerry KEY2 LE has all the features you need to manage your work, travel, and personal life on the go.

“This includes support for dual personal accounts and business ready software that makes it easier to manage all aspects of your business and personal life.

“The BlackBerry KEY2 LE is the first BlackBerry with dual account management built in to enable you to separately manage both personal and professional social media profiles on apps like Facebook and Instagram.

“All Blackberry devices we are bringing into Nigeria are dual SIM enable and will support dual WhatsApp and other apps that require unique numbers.

“In Nigeria, most cell phone users are carrying multiple phones on multiple carriers. You can have these lines on a single device, while avoiding carrying the power bank that most users are used to here in Nigeria,” he said.

Obaji said that the phone came with BlackBerry Hub, which brought all your messages into one consolidated place – including emails, texts and messages from almost any social media account; including WhatsApp.

He said that for reliability, the phone had power to get one through the day with enhanced battery features.

“The BlackBerry KEY2 LE features a powerful and efficient Qualcomm Snapdragon processor and battery that can stay powered through a full day and often into a second day of use (22 hours of mixed usage).

“With contextual battery reminder, the BlackBerry KEY2 LE will learn from your daily charging habits and calendar appointments to recommend when to charge.

“This is to ensure you have the battery power to get through important meetings, trips, and events. Never get caught out again with suddenly needing to charge before going flat.

“Qualcomm Quick Charge 3.0 enables up to 50 per cent charge in just 36 minutes. Turbo Charge your battery and get power fast, to do more, when you need it most.

“The BlackBerry KEY2 LE includes enhanced security and built-in privacy features right from the start,” he said.

The Vice President, Ngilex Mobile Ltd., Thomas Larson, said that the Blackberry KEY2 LE experience was different, compared with many smartphone options in the market.

Larson said that the phone combined the best of professional and personal use and the price could not be matched.

“All our phones come with standard one-year warranty provided by McDorsey Services Company Ltd., ” he said.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

Fintech

Flutterwave Celebrates Inclusion in CNBC’s Top 250 Global Fintechs

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Flutterwave has been recognized as one of the Top 250 Fintech companies globally by CNBC and Statista.

Joining the ranks of industry giants like Ali Pay, Klarna, Piggyvest, and Mastercard, this accolade underscores Flutterwave’s impact on the financial technology sector.

This honor follows Flutterwave’s recent inclusion in Fast Company’s Most Innovative Companies list, highlighting the company’s pivotal role in transforming Africa’s payment landscape.

The recognition is a testament to Flutterwave’s dedication to innovation and excellence in providing seamless payment solutions across the continent.

Expressing gratitude, Flutterwave acknowledged its talented team, supportive board, reliable partners, and loyal customers for contributing to this success.

The company continues to drive progress in the fintech industry, reinforcing its commitment to enhancing financial accessibility and inclusion in Africa and beyond.

Flutterwave’s recognition on these prestigious lists marks a proud moment and a significant milestone in its journey, reflecting the company’s growing influence and leadership in the global fintech arena.

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Startups

Google Leads $250 Million Funding Round for Glance

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A logo is pictured at Google's European Engineering Center in Zurich

Google is leading a $250 million funding round for Glance, a mobile content provider.

This infusion of capital aims to expand Glance’s reach and solidify its market position amidst growing competition.

Glance, a subsidiary of InMobi Group, offers a unique service that delivers news, entertainment, and other content directly to users’ mobile screens without unlocking their devices.

With a user base exceeding 300 million across India, the US, Japan, and Indonesia, the startup has gained significant traction since its inception in 2019.

The funding round, expected to close in the coming weeks, marks a continued partnership between Google and Glance.

Google initially invested in the company in 2020, and this latest round will further enhance Glance’s capabilities to innovate and reach new audiences.

This investment reflects Google’s strategic interest in India, the world’s most populous nation, where it competes with tech giants like Microsoft, Meta, and Amazon.

With India’s rapidly growing middle class and increasing smartphone adoption, the market presents vast opportunities for digital expansion.

The support from Google comes on the heels of a previous $200 million investment by Mukesh Ambani, Asia’s wealthiest individual, which valued Glance at over $1 billion.

The startup’s largest stakeholder, InMobi, continues to thrive as a pioneer in mobile advertising, with Glance benefiting from its expertise and resources.

As Glance prepares for this new phase of growth, it stands poised to redefine how content is consumed on mobile devices worldwide.

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Technology

Cyber Threats Surge as Nigeria’s Digital Economy Expands

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As Nigeria’s digital economy flourishes, it faces escalating cyber threats, prompting the Federal Government to issue 33 cyberattack advisories in the past year.

These warnings, issued by the Nigeria Computer and Emergency Response Team (ngCERT), highlight the growing vulnerability of the nation’s digital infrastructure.

Since July 2023, ngCERT has alerted Nigerians to new attack methods and vulnerabilities. With 22 advisories issued in 2024 alone, the surge in cyberattacks coincides with the accelerated digitization spurred by the COVID-19 pandemic.

Monthly internet usage in Nigeria soared from 125,149.86 terabytes in December 2019 to 753,388.77 terabytes in March 2024.

The National Information Technology Development Agency (NITDA) notes that increased digitalization has heightened cybersecurity risks, necessitating robust protective measures.

According to Check Point Research, Nigerian businesses face approximately 2,308 attacks weekly across all sectors.

The advisories reveal various cyber threats, including ransomware and banking trojans. A recent warning highlighted Grandoreiro, a malware targeting over 1,500 banks globally, affecting 41 banking applications in Nigeria alone.

These attacks aim to steal sensitive financial data, potentially causing significant financial losses.

Nigeria’s critical infrastructure is also under threat. In August, pro-Nigerien hackers attempted to disrupt MTN Nigeria’s network, although they were unsuccessful.

During the 2023 elections, the government recorded 12.99 million cyberattacks, underscoring the scale of the threat.

Cybercrime costs Nigeria about $500 million annually. This includes data damage, stolen money, lost productivity, and post-attack disruptions.

The Federal Bureau of Investigation ranked Nigeria as the 16th country worst affected by cybercrime in 2020.

Experts emphasize the need for stronger cybersecurity measures. Adesina Sodiya, a professor of Computer Science and Information Security, warns that cyberattacks will continue to grow in sophistication.

He stresses the importance of building a cybersecurity curriculum and involving experts in creating effective strategies.

In response, NITDA plans to reduce cyberattacks by 40% by 2027. “As we digitize, we must build with security in mind,” said Kashifu Inuwa, director-general of NITDA.

The agency aims to implement comprehensive strategies to protect Nigeria’s burgeoning digital economy.

As Nigeria’s digital economy expands, it must address the growing cyber threats that accompany this progress. By enhancing cybersecurity measures and fostering collaboration among stakeholders, Nigeria can safeguard its digital future.

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