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A Huge Boost to Nigeria’s Tech Ecosystem as Eko Innovation Centre Launches

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L-R: Moruf Oseni, Deputy Managing Director, Wema Bank; Akin Banuso, General Manager, Microsoft; Babajide Sanwoolu, Lagos State Governor; , Aramide Abe, founder, Naija Startup; and Victor Afolabi, Chief Executive Officer and founder of Eko Innovation Centre, during the inauguration of Eko Innovation Centre in Ikoyi, Lagos on Tuesday.
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Technology is the key driver to fast-growing economies globally, creating smart economies with technology-driven innovative solutions, leading to the creation of new jobs that previously never existed.

This idea of a technology-driven growth is the key motivation for Victor Afolabi to develop a new innovation centre– Eko Innovation Centre for the incubation of startups in Lagos – the heart of the country’s economy.

Tech hubs are a vital part of the entire start-ups ecosystems by providing platforms and opportunities for collaborations and building support structures that are important to the growth of new startups. Lagos, over the last few years has become one of Africa’s city with a robust tech ecosystem; it is currently the city with the highest number of technology hubs on the continent.

It is in keeping up with this fast-growing paradigm of technology driven economies, that the new Eko Innovation Centre was launched on Tuesday, 28th May 2019, aimed at discovering, incubating and curating new startups that will create new technological-driven solutions and add more value to an already growing tech ecosystem on the continent. The primary objective being to transform the tech and innovation landscape in Nigeria and by extension, Africa .

According to the founder, the motivation was the need to create an enabling environment for young people to develop innovative solutions and create employment while leveraging on technology, and for him, Lagos provides the perfect setting to launch this idea.

“We saw in the Lagos manifesto an agenda to make the State a 21st century economy. The only way to create a 21st century economy is to make sure you are creating businesses and solution to problems that are driven by innovation and technology,” he said during the launch of the centre.

It will be noted that Nigeria recorded the highest growth of tech hubs in Africa, expanding by 40% in 2 years between 2016 and 2018.

Eko Innovation Centre is designed not just to add to the growing figures of local tech hubs, but to provide a much-required platform for startups to scale through the challenges of their incubation period – a bold and audacious initiative for the country’s tech community.

A Game Changing Initiative

Most of the existing technology centres and hubs primarily provide workspaces and basic facilities including power and internet services, with a few more providing support platforms for the growth of the startups operating from there.

Eko Innovation Centre will provide shared services including legal, finance, tech, marketing, and PR services among others. And most importantly, Mr. Afolabi says, the centre will provide investment readiness services as well as funding for the startups.

This means that startups that are admitted will have the time to focus on their businesses and are not worn out by bureaucracy, as the hub will essentially take up most of the bureaucratic processes, allowing the businesses focus more on the success of their ventures – a game-changer for potential start-ups.

For most Nigerian startups, the stage between concept to commercialization is mostly the defining stage of the journey, where many eventually get it wrong.EIC is simply saying, “focus on building your products and business, while we take care of the other things for you!”

The new Lagos state governor, Mr. Babatunde Sanwo-Olu also graced the occasion of the launch – the building of the hub was his former campaign office, to endorse the initiative and reiterate his administration’s commitment to leveraging on technology in delivering the megacity dream.

In his short statement, Mr. Sanwo-Olu said, “Technology is the way to go, it is the way of the future and it is the way the entire universe is going to, and everybody is using technology to develop everything that we need.

We believe that from here, things around the THEME concept that has to do with the environment, education, transportation and health innovations would be developed. People from here would come and give us innovative ideas to solve our transport problem; ideas with which they think locally but act globally.”It is important to note however, that the Eko Innovation Centre is a private investment, to run independent, without any government funding.

In conclusion, the opening of the centre is a welcome development to add to the growing technology ecosystem in the country and it is expected that it will run with full steam once to deliver the vision of the founder.


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NITDA Identifies Key Barriers to Cybersecurity in Nigeria

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National Information Technology Development Agency (NITDA) has identified outdated frameworks, inadequate expertise, and low awareness as major barriers to effective cybersecurity interventions in Nigeria.

NITDA Identifies Key Barriers to Cybersecurity in Nigeria

Dr Ayodele Bakare, deputy director, Cybersecurity Department, NITDA, made this known on Friday during a meeting with a delegation from the United Kingdom (UK) in Abuja.

The discussion focused on building a national cybersecurity infrastructure.

Bakare highlighted that cybersecurity is a borderless issue, requiring both local and international collaboration as well as strategic interventions to address emerging threats.

He noted that while Nigeria has existing cybersecurity frameworks and policies, their effectiveness in tackling evolving threats—particularly those driven by Artificial Intelligence (AI)—remains questionable.

Some of the key frameworks he mentioned include the Cybercrime Act 2015, which was recently amended in 2024, and the Nigerian Data Protection Act 2023, both of which play a crucial role in shaping the country’s cybersecurity landscape.

“NITDA, seven years ago, released the National Public Key Infrastructure as a regulation. We also have other sectoral frameworks, such as the Risk-Based Cybersecurity Framework for financial institutions released by the Central Bank of Nigeria.

“Given the fact that we have all these frameworks, their effectiveness is still a question, and I think the first thing is for a rebase line on the basis that informs the existing frameworks.

“The majority of the frameworks were issued far before now, and there are emerging risks like AI-driven threats, and some of the frameworks that we have are not really addressing them,” he said.

Bakare also pointed out that despite ongoing public awareness efforts, cyber threats such as device code phishing remain widespread.

He shared a personal experience of nearly falling victim to such an attack, emphasising that many Nigerians are still unaware of modern cyber threats.

He called for enhanced, interactive awareness campaigns to better educate the public on cyber risks.

In addition, Bakare highlighted Nigeria’s shortage of skilled cybersecurity professionals, stating that the country has only about 8,300 cybersecurity experts for a population of 220 million. He stressed the urgent need to develop skills in the sector.

“We are looking for platforms that can provide an efficient way of training people, and we are also looking at collaborations that can help bring down the cost of cybersecurity certification courses.

“Averagely, you see Nigerians spending between 2,000 dollars to 5,000 dollars for this certification, which is very expensive, and reducing the cost will increase the number of experts,” he said.

Bakare also raised concerns about governance, risk management, and compliance among government institutions, revealing that NITDA is working on an audit regime to ensure adherence to cybersecurity frameworks.

He further noted the need for more efficient threat intelligence platforms that can gather, analyse, and share information on cybersecurity threats.

According to him, adopting cloud-based solutions could help institutions identify and mitigate external threats more effectively.

“The government is making efforts to ensure the management and effective utilisation of the National Public Key Infrastructure (PKI) to secure online transactions and communications in collaboration with stakeholders.

“For government institutions, we are working on a framework for Zero Trust, which should create an efficient platform.

“The platform will ensure that before you access any information-based system, either cloud-based or on-premise, you have to go through a Zero Trust platform.

“This is to ensure that digital trust is effectively maintained and that the incidences of data leakages are reduced,” Bakare said.

He added that NITDA is developing a National Cybersecurity Architecture that will consolidate various cybersecurity initiatives and frameworks into a single, unified strategy.

“We are working towards an architecture that will serve as the single source of truth for Nigeria’s National Cybersecurity Strategy and help streamline efforts for effective management of cyberspace,” he said.

 

 

 

 


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Microsoft Develops AI Reasoning Models to Rival OpenAI

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Microsoft is advancing its artificial intelligence (AI) strategy by developing its own AI reasoning models to compete with OpenAI, according to a report by The Information.

Microsoft Develops AI Reasoning Models to Rival OpenAI

This move is aimed at diversifying Microsoft’s AI offerings and reducing its reliance on OpenAI’s technology.

As part of this initiative, Microsoft has begun testing models from xAI, Meta, and DeepSeek as potential alternatives to OpenAI’s technology within its Copilot product.

This shift aligns with a growing industry trend toward cost-effective AI model development using “distillation” techniques.

Distillation involves training smaller AI models using insights from larger, more complex models, significantly lowering computational costs.

Companies such as DeepSeek have leveraged this method to develop powerful AI solutions at a fraction of traditional expenses.

Currently, Microsoft’s Copilot, an AI-powered chatbot integrated into Microsoft 365 and Windows 11, runs on OpenAI’s GPT-4 model.

By investing in the development of its own AI models, Microsoft aims to enhance Copilot’s capabilities while offering more tailored AI solutions to its users.

This strategic shift is expected to strengthen Microsoft’s position in the competitive AI market while providing greater control over its AI ecosystem.

 

 

 

 


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NITDA Alerts Nigerian Website Owners of Critical Security Flaw in Jupiter X Core WordpPress Plugin

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Nigerian website owners have been warned to be weary of security vulnerabilities in the Jupiter X Core plugin for WordPress.

NITDA Alerts Nigerian Website Owners of Critical Security Flaw in Jupiter X Core WordpPress Plugin

The warning was handed over by the National Information Technology Development Agency (NITDA), via its official X account.

According to the agency, the vulnerability, identified as CVE-2025-0366, poses a significant cybersecurity risk, potentially allowing attackers to take control of affected websites without authentication.

A security advisory from the Computer Emergency Readiness and Response Team Nigeria (CERNT.NG) noted that the flaw is an “unauthenticated privilege escalation vulnerability,” meaning attackers can gain administrative access or execute arbitrary code on websites using this plugin.

“A critical security flaw has been discovered in the Jupiter X Core plugin for WordPress, affecting websites using this popular theme framework,” the statement said.


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