Business
Useful security tips for your Whatsapp chats, data
In a world highly driven by data, data breaches pose a serious threat to millions or possibly even billions of people globally, going by the recent alleged Whatsapp data breach controversy, which the company has denied.
According to a recent allegation from Cybernews, someone managed to hack into WhatsApp and acquired the personal information of almost 500 million users, which is now purportedly for sale.
But, later, a spokesperson for WhatsApp on Monday said there is no evidence of a ‘data leak’ from the company.
However, data breaches are nothing new because even the data from some of the biggest companies have had such incidents. So, it becomes the responsibility of the users to take the right steps to make their data safe and private.
Here are some tips that would be helpful in making WhatsApp more secure.
Check chat encryption
Although all WhatsApp chats are encrypted by default, double-checking it while sharing sensitive information is still a good idea.
To verify the encryption, tap on the contact’s name in the chat window and then tap on Encryption.
Enable two-factor authentication
Two-factor authentication provides protection by adding an extra layer of security to your account to ensure that your data isn’t accessed by someone else. So if a service supports this feature then you should be using it.
To activate two-factor authentication on Whatsapp, go to Menu – Settings – Account – Two-step verification – Enable.
Turn security notifications on
With this feature, every time a new device accesses an existing chat, a new security code is generated and a notification is sent when this security code changes.
To enable it, go to WhatsApp – Settings – Account – Security notifications and then tap on ‘Show security notification’.
Encrypt cloud backups
WhatsApp backups on Google Drive are not encrypted by default. Without this feature, a major gap will remain in your privacy protection.
Turn on end-to-end encrypted backup, go to Settings – Chats – Chat Backup – End-to-end Encrypted Backup and tap Turn On. Following this create a password and wait for your encrypted backup.
Always check unknown links
These days, it could be difficult to determine whether certain scam messages and links are malicious.
Copy the link and check it on sites like Norton Safe Web, PhishTank, and others to prevent clicking on these. By developing this habit, you will stop clicking on harmful links.
Business
Naira depreciates to N1,770/$ in parallel market
The Naira yesterday depreciated to N1,770 per dollar in the parallel market from N1,750 per dollar last weekend.
Similarly, the Naira depreciated to N1,675.62 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,675.62 per dollar from N1,652.62 per dollar last weekend, indicating N23 depreciation for the naira.
The volume of dollars traded (turnover) fell by 55.2 percent to $108.79 million from $243.05 million traded last week Friday.
Consequently, the margin between the parallel market and NAFEM rate widened to N117.38 per dollar from N97.38 per dollar last weekend.
Business
Port Harcourt Refinery begins crude oil processing
The Nigeria National Petroleum Company Limited (NNPCL) has confirmed that the Port Harcourt Refinery in Rivers State has commenced crude oil processing.
The Chief Corporate Communications Officer of the compaanyy, Femi Soneye, broke the news on Tuesday.
Soneye revealed that the refinery will operate at 60 percent capacity and process 60,000bpd.
https://twitter.com/FM_Soneye/status/1861330633831620917?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1861330633831620917%7Ctwgr%5E776845f88f6fa6dd3c70082f4da1ee2632656999%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.vanguardngr.com%2F2024%2F11%2Fbreaking-port-harcourt-refinery-begins-crude-oil-processing%2F
“Today marks a monumental achievement for Nigeria as the Port Harcourt Refinery officially commences crude oil processing. This groundbreaking milestone signifies a new era of energy independence and economic growth for our nation,” Soneye said on Tuesday.
“Hearty congratulations to President Bola Ahmed Tinubu, the NNPC Board, and the exceptional leadership of GCEO Mele Kyari for their unwavering commitment to this transformative project. Together, we are reshaping Nigeria’s energy future!”
Soneye added that truck loading will commence on Tuesday (today), adding that the NNPCL is also “working tirelessly to bring the Warri Refinery back online soon”.
Business
Nigeria’s GDP rate grew by 3.46% in Q3 2024, says NBS
The National Bureau of Statistics (NBS) says Nigeria’s annual gross domestic product (GDP) grew by 3.46 percent in the third quarter (Q3) of 2024.
The NBS, in its GDP report published on Monday, said the growth rate is higher than the 3.19 percent recorded in Q2 2024.
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