Cybersecurity Trends in Nigeria – Mid-2025
Abuja, Nigeria — In recent months, Nigeria has seen a sharp rise in cyber threats, with attackers growing more sophisticated in both tools and tactics. Key trends include:
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Spike in Attacks: Nigeria averaged about 6,101 cyberattacks per week in July 2025 — nearly triple the global weekly average. Sectors like telecommunications, finance, and government are among the hardest hit. Technext+1
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Rise in Password Stealers & Spyware: In the first half of 2025, password-stealer incidents rose by ~66%, while spyware attacks increased by ~53% compared to the same period in 2024. govbusinessjournal.com+2freshangleng.com+2
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Targeted Financial Phishing: Although overall phishing reports dropped, attacks with financial aims (banks, e-commerce, payment systems) are surging, with more focused and convincing scams. freshangleng.com+1
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Threats Beyond the Web: Malware is increasingly delivered via USBs, CDs, fake installers and other offline vectors. Users are also at risk from backdoor and exploit attacks on widely-used software (e.g., Microsoft Office). freshangleng.com+2Devdiscourse+2
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Market Growth & Opportunity: Nigeria’s cybersecurity market, which was valued around US$207.8 million in 2024, is projected to reach US$345.43 million by 2029, driven by the need for stronger defenses, training, and compliance
