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Traders at the Computer Village market in Ikeja, Lagos, on Friday, said they could make millions of naira from the sale of the world’s smallest computer if they were given the opportunity to market it to Nigerians. “For logistic applications, software companies and developers in the country will definitely explore this computer if it hits Nigeria. The enterprise and carrier companies will surely want to be adventurous with it. “What this means is that we stand to make millions of naira from massive sales via procurement and deployment of the application,” Mr. Chukwuebuka Nwosu of Dallas Communications said. Another trader, Mr. Kingsley Nonso, said, “We have asked questions and have equally carried out our research, and we are convinced that it will be of interest to Nigerians and the corporate world as well as yield good profit from sales.” IBM, last week, unveiled what it described as the world’s smallest computer, which is the size of a grain of salt. Out correspondent gathered that the computer, which has the same computing power as Intel’s X86 chip from the 90s, was intended for logistic applications. IBM said the computer was expected to cost less than $0.10 to manufacture and that it could begin mass production soon. The chip can monitor, analyse, communicate and act on data. According to Fortune website, the device is a type of ‘crypto-anchors’ that can be embedded in everyday items in order to verify their provenance and contents. “The idea is to use these methods to link things to their records, which are stored on a blockchain,” IBM said in a statement. It added, “They’ll be used in tandem with blockchain’s distributed ledger technology to ensure an object’s authenticity from its point of origin to when it reaches the hands of the customer.” “These crypto-anchor technologies pave the way for new solutions that tackle food safety, the authenticity of manufactured components, genetically modified products, identification of counterfeit objects and provenance of luxury goods,” the IBM’s Head of Research, Arvind Krishna, said in a blog post. Krishna said the small computer would also be beneficial to Africa, which is also faced with supply chain management issues; counterfeiting and tackling of food safety. Diamond producing countries such as South Africa and Botswana could adopt these computers in their diamond industry. “The computer contains about one million transistors, a small amount of static random access memory, a light-emitting diode, an integrated photovoltaic cell for power and photo-detector that allows it to communicate,” he added. by Ozioma Ubabukoh

Komputer Village Magazine is launching July 1, this year in a pioneering drive to introduce a dedicated publication promoting Nigeria’s largest technology market, Computer Village, Ikeja located in the heart of Africa’s emerging Smart City, Lagos. Technology Times Media Limited (TTML), owners of Technology Times, iSpace Magazine announced that the monthly Komputer Village Magazine is the latest addition to its print, digital, Internet and events properties focused on promoting Nigeria’s rising contributions to the global information and communication technology (ICT) industry. Mr Shina Badaru, Founder of Technology Times, who announced the introduction of Komputer Village Magazine during a courtesy visit to the Computer and Allied Products Dealers Association of Nigeria (CAPDAN), the umbrella body for the market, says the publication fills a needed gap to showcase and promote entrepreneurship, innovation and consumer technology trends from inside Nigeria’s largest technology market. “We are pleased to launch a fully dedicated publication that showcases the very best of Computer Village, which is the largest technology market in Nigeria and also the hub of a thriving technology SME ecosystem that shapes and defines consumer technology trends across Nigeria, West Africa and beyond.” Komputer Village Magazine will be available in hybrid of print and digital issues to be distributed across Nigeria, Africa and beyond, says Badaru while briefing the top-level CAPDAN leadership that received the TTML management team during the courtesy visit. The CAPDAN executive team included Mr. Ahmed Ojikutu, President, CAPDAN; Mr. Boniface Aniah, Vice President, CAPDAN; Mr. Shedrack Egbule, General Secretary, CAPDAN and Mr Ibadan Presley, Assistant PRO, CAPDAN. According to Badaru, “Komputer Village Magazine’s unique development journalism-meets-industry news hybrid is intended to appeal to the mix of technology professionals, mobile phone and cutting-edge consumer technology enthusiasts, banks and financial services industry, SME policy makers, entrepreneurs and technology innovation lovers.” Commenting on the roadmap plan for the publication, the Technology Times Founder says “Komputer Village Magazine is on a mission to be the storyteller that positively shapes the narratives of inspiring business leaders, game-changing innovators and cutting edge consumer technology trends driving Nigeria’s rising technology hub in the heart of the emerging Smart City of Lagos.” According to Badaru, “we find inspiring stories of innovation around every corner in Nigeria’s largest technology market and home to a rising tribe of entrepreneurs, innovators and consumer technologies that shape and define consumer technology trends and tech lifestyles across Nigeria, West Africa and beyond.” Komputer Village Magazine, which is launching with a run of 10,000 copies and is available as a digital issue with the same look and feel available on the complementary www.komputervillage.ng portal will leverage the borderless Internet to extend the global distribution network beyond Nigeria, according to the Technology Times Founder. While commenting, Mr. Ahmed Ojikutu, President of CAPDAN welcome the planned introduction of Komputer Village Magazine as one of several initiatives that will promote the key technology market hub as an environment that drives ICT growth in Nigeria. According to the CAPDAN President, Computer Village, Ikeja generates over over N1.5 billion as the market recovers from the recession that faced the broader Nigerian economy. Ojikutu says that “as at today, the daily turnover in Computer Village is about N1.5 billion and we have over 125,000 transactions online and offline on a daily basis.” Badaru says that “as the pioneering publication for Nigeria’s largest technology market hub, Komputer Village Magazine will be read by in-market players and beyond by decision makers at OEMs, multinational technology brands, banks and policy makers that need to feel the pulse of the largest cluster of technology SMEs in Nigeria.”

A Nigerian medical doctor, Dr. William Michael who turned to a professional internet hacker has revealed that he had the capacity to hack into any bank in Nigeria and withdraw N1bn within 67 minutes. It was reported that the Imo State-born Michael whose mother is from Delta State also revealed that all the banks in Nigeria do not have enough security as none of them had what he described as firewalls to prevent access to their accounts through the internet. He said it was very easy to have access into both the banks and their customers accounts and defraud them. “It is so easy to hack into any bank account, pick alerts and send to customers from the bank data that look real but are fake” he said. Dr. Michael said that he became a professional hacker when he became frustrated and he travelled to Canada, where he was taught how to do it within two weeks from his Israeli friend and became a master. He said any hacker in the world is a bank to himself because such person can buy anything he wants through his credit card, send fake alerts and will not need to have any account in any bank. He further revealed that there were many applications which can be used and when a hacker mastered them, that money will no longer be a problem to such person. Dr. Michael confessed that he had hacked into many accounts, withdrawn millions of Naira and had the system that sent fake credit alerts to accounts without the banks detecting it. He therefore advised the banks in Nigeria to work and improve their security systems as what they have presently were really porous and substandard in the world. The hacker said that he was a qualified medical doctor and had worked in Eko and Tolu Hospitals before he travelled abroad. He said he had carried out wide research works on how to perform C/S operations with ease and presented the results to the hospital management. Dr. Michael said that the management sacked him, stole his ideas and started applying them on their patients, so he left and travelled abroad. He was arrested by the Lagos State Police Command for allegedly defrauding a car dealer, Abiogun Adewale, of N28m. He was said to have paid the sum for a Porsche car through a fake electronic transfer. The suspect, who was arrested in the Lekki area of Lagos, was paraded at the command headquarters, Ikeja, on Monday by the state Commissioner of Police, Edgal Imohimi. Imohimi said the police received a petition against the suspect, who he described as a “professional hacker.” He said, “My office received a complaint that there is a syndicate that buys exotic cars and configures a computer programme that sends a fake payment alert to the seller. “The seller, upon receiving this alert, verifies the alert either through ATM or through Internet banking and then releases the car to the syndicate. In this case, when the car dealer went to his bank for his statement of account, it was discovered that the alert and transfer of N28m to his account was only a fake electronic transfer; the money did not register in his account. The modus operandi of this suspect is very interesting because he seems to have a very good mastery of the cyber environment. He also creates a credit card through software known as cyber-ghost 12. When the credit card matures, it is then funded through a hacked Swiss account. Any transaction anybody is doing through this Swiss account, the suspect manipulates it and wires the fund into his contrived credit card. The interesting part of this report is that the hacker has the ability to shut down the CCTV system of any organisation here in Nigeria for a period of 67 minutes. That is a window period during which any crime can be committed.” Imohimi said the case was of importance to financial institutions, adding that Nigerian banks should employ certified hackers to secure their systems from hackers. The suspect said he was eased out of the medical profession after he discovered a faster way of conducting Caesarean Section.

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