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	Nigerian scam tops list of decade's online cons
	Posted: Friday Sep 3rd 2010 4:57:32pm by W1530N3
	We've all received e-mails from deposed Nigerian princes asking for help in getting lots of money out of their country. But that's just one of several scams that made Panda Security's list of the most frequent online cons of a decade. As 2010 starts to wind down, the security vendor on Thursday unveiled its rankings of the most widespread Internet scams from the past 10 years. Though the cons themselves may vary, the pattern is typically the same, according to Panda. Cybercriminals initially contact their victims through e-mail or a social network, asking them to respond back by e-mail, phone, fax, or some other means. The crooks will then try to gain the trust of anyone who swallows the bait, eventually finding some excuse to request money. The seven scams ranked by Panda included the Nigerian con at the top followed by a variety of other favorites. Nigerian scam: As the first type of scam to show up online, the Nigerian con is still popular among swindlers. You're promised some type of reward or share of the profits to help get a large chunk of money out of a country, typically Nigeria. You're first asked to pay an initial sum to help with bank fees. But of course, once you've sent that money, the crook takes a hike. Lotteries: A play on the Nigerian scam, you receive an e-mail announcing that you've won the lottery. But you need to pay some upfront costs to cover bank fees and other expenses, money that you, naturally, never see again. The girlfriend ploy: A beautiful Russian woman wants to fly to your country to meet you. Because of some last-minute snafu, she needs you to send her money to cover airfare. But after the money is wired, she disappears, along with the cash. Job offers: You get a job offer from a foreign company where you can work from home and earn thousands of dollars by putting in just a few hours each day. Sounds like a cushy gig. But if you accept the offer, you're asked for your bank account information, which the crooks use to store money stolen from other accounts, thereby tagging you as an unwitting accomplice in their crime. Facebook/Hotmail: The bad guys grab your log-in credentials to Facebook, Hotmail, or another service and change your password so that you can no longer access it. Then they send a message to all your friends claiming that you've just been robbed while on vacation and need money wired over to pay off the hotel bill. Compensation: A recent sequel to the Nigerian scam, this clever con sends you an e-mail claiming that a fund has been set up to reimburse victims of the Nigerian hoax, and that you may be one of the lucky victims. But to receive your compensation, you naturally have to kick in an advance fee of $1,000. The mistake: In this popular scam, the crooks contact you if you're selling a house, car, or other pricey item. They offer to pay right away by check. But they send you more money than you wanted and ask you to refund the difference. The check you got bounces, and you've lost whatever cash you sent them. "As with all the classic scams that predate the Internet, many of the numerous users that fall for these tricks and lose their money are reticent to report the crime," Luis Corrons, technical director of PandaLabs, said in a statement. "If recovering the stolen money was difficult in the old days, it is even harder now because criminals' tracks are often lost across the Web. The best defense is to learn how to identify these scams and avoid taking the bait." Source : cnet

	Tech Hub Nigeria- Empowering Nigerian Geeks
	Posted: Friday Sep 3rd 2010 3:43:21pm by Possicon
	If you were present at the last barcamp Nigeria in May, I think this shouldn�t be new to you. I made a short presentation about it and got quite a number of people interested in the idea of a tech hub. Read more here. The goal

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Nigeria�s Cheapest Internet Service Providers [Comparison Chart]
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Facebook users in Nigeria hits 1.72million as other African countries sees growth
Kenyan Government grant Ksh300M to local content startups
Most Visited Nigeria Websites for August 2010
Glo 1 Launched in Lagos, expect cheap internet service

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	Nigerian Startups � In search of focus and profitability
	Posted: Friday Sep 3rd 2010 3:00:51pm by Possicon
	Personally, I started exploring the idea of starting up and building the next Microsoft, Yahoo or Google from Africa in the year 2003. I started learning about Bill Gate, David Fillo & Jerry Yang, Larry Page and Sergey Brin. I was deeply fascinated and inspired by their record setting innovations and wealth.

	Taafoo.com, a Nigerian social networking joins the list of top-ten sites in Nigeria
	Posted: Friday Sep 3rd 2010 11:29:33am by Possicon
	You heard it, Taafoo.com the massively growing social networking site has joined the exclusive list of top-ten most visited sites in Nigeria. We have followed the sites activities since early this year and It�s been impressive! In our monthly ranking, we saw taafoo.com moved from 56^th spot in May to 14^th in June and then 15^th in July and now on the 9^th spot. The site help its users connect with Celebrities, other site members and buy stuffs easily online! It�s a full fledge �Social Commerce� and entertainment site.

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	Glo 1 Launched in Lagos, expect cheap internet service
	Posted: Thursday Sep 2nd 2010 12:28:51pm by Possicon
	Globacom Nigeria�s indigenous telecom operator has finally launched it much awaited submarine cable. The cable runs through the coast of West Africa all the way to Europe, connecting Africa to the rest of the world. The service is expected to drastically reduce cost of internet connection and other telecommunication services. Some examples include: Teleconferencing Distance learning Disaster recovery Telemedicine Internet connection The COO, Mohamed Jameel said : �For GSM, CDMA, Wimax operators and ISPs, Glo 1 offers extremely attractive prices on both short and long term basis, resulting in enhanced profitability for the customer through flexible terms of contracts tailor-made for the customer type and requirement,� This implies that, even MTN and other telecom operators can buy bandwidth from GLO to cater for their customers� needs. Main One recently arrived, now its GLO 1, we expect all these to disrupt the market and help increase competition there reducing the prices.

	NDLEA online recruitment, set to make N1.5billion Naira
	Posted: Thursday Sep 2nd 2010 12:25:33pm by Possicon
	I salute the courage of the IT folks at the National Drug Law Enforcement Agency (NDLEA) for their foresight by opening up recruitment exercise of the agency to the public via the internet.

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	Most Visited Nigeria Websites for August 2010
	Posted: Thursday Sep 2nd 2010 12:19:01pm by Possicon
	Another interesting month just gone past; so many website saw their activities increase while some stayed stagnant, others reduced. Let�s dive into how things have change in the last 31days. Nairaland.com remain in the number spot follow by punchng.com . nigerianbestforum.com moved 4 places to stay on the 3^rd spot while gtbank.com remain on the same spot as last month.

	Kenyan Government grant Ksh300M to local content startups
	Posted: Wednesday Sep 1st 2010 10:55:58am by Possicon
	Internet is driven by content; that is why on the internet, people say; content is King! Kenyan Government has recognized this and taking right steps to make it work in the country.

	Facebook users in Nigeria hits 1.72million as other African countries sees growth
	Posted: Wednesday Sep 1st 2010 9:49:09am by Possicon
	Facebook is a phenomenon no doubt; it�s the talk of town from the US to Uk, to India, Brazil and other countries of the world. If it were a country, it would have been the 3^rd most populated country in the world following only China and India.

	Nigeria�s Cheapest Internet Service Providers [Comparison Chart]
	Posted: Wednesday Sep 1st 2010 9:40:16am by Possicon
	Internet access remains the bedrock of any successful internet business, for now, we still have what I call �shadow broadband internet access� in Nigeria. I do understand that most of us try to get the best, affordable, and fast internet service in Nigeria. We have highlighted below prices of internet subscriptions in Nigeria. It�s in two segments; 1^st compares the ones offered by telecom operators (GSM) and then CDMA telecom operators. These services are targeted at small scale business to personal internet needs (we hope to do a comparison of corporate internet services).

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