Telecom
e-Commerce: Broadband Penetration, Others Contribute to Steady Growth in Nigeria-NITDA
The National Information Technology Development Agency, (NITDA) has said that the use of smartphones, increasing broadband penetration, social media, relatively safe e-payment systems are some of the factors that are contributing to the steady growth of e-Commerce in Nigeria.
Barrister kasim Sodangi, National Coordinator, Office for Nigeria Content Development in ICT (ONC) who spoke for NITDA at the 2020 e-Commerce and Marketing Online Seminar for Micro, Small and Medium Enterprises (MSMEs): said e-Commerce in Nigeria is projected to have a steady annual growth of 14 percent.
The seminar was organized by Bureau of Foreign Trade, Ministry of Economic Affairs, Taiwan and Nigerian Export Promotion Council (NEPC).
The seminar is organized by Bureau of Foreign Trade, Ministry of Economic Affairs, Taiwan and Nigerian Export Promotion Council (NEPC).
Quoting statistics from the National Bureau of Statistics, (NBS), and NITDA maintained that the ICT’s enabled businesses contribute 8.4 percent to National Gross Domestic Product (GDP).
NITDA revealed that e-Commerce opportunities that exists in Nigeria are mostly retail component, with estimated $12billion according to Mckenzie, and it has been projected to reach about $75billion by 2025.”
Agency said the context of e-Commerce in Nigeria is determined by the population which is about 200million with 132million of them on the internet. This, it said will be increased further by internet penetration which is expected to be at 65.2% by 2025.
The Agency stated that 62 percent of Nigerians that are under 24 have basic literacy and are acquiring digital skills.
It stated that there are about 300,000 online purchases daily compared to the previous 30,000 witnessed in previous years.
NITDA revealed that 25-35 are the most active shoppers or active groups in e-Commerce in Nigeria and 69% of e-Commerce activities in Nigeria are on mobile devices.
It opined that going by trends social media may become the most dominate form of e-Commerce as he said “Social media is a critical stakeholder in our journey to deepen e-Commerce in Nigeria.
Mr Segun Awolowo, executive director, Nigerian Export Promotion Council (NEPC) said e-Commerce business in Nigeria experienced a surge at the emergence of COVID 19 because people were still able to carry out businesses without making contact.
Cynthia Kiang, director general, BOFT Taiwan, said the seminar is aimed at fostering a better trade relationship between Nigeria and Taiwan in term of e-Commerce.
Telecom
Google, Meta Criticize Australia’s Rush to Pass Social Media Ban for Under-16s
Tech giants Google and Meta have called on the Australian government to delay a proposed bill that would ban children under 16 from accessing most social media platforms.
The companies argue that more time is needed to assess the bill’s impact and await results from an age-verification trial.
Prime Minister Anthony Albanese’s government aims to pass the legislation—one of the strictest globally on children’s social media use—by Thursday, the final day of the parliamentary year. Introduced last week, the bill was open for public submissions for just one day, drawing criticism for its expedited timeline.
The proposed law would require social media companies, rather than parents or children, to enforce age-verification measures, potentially using biometrics or government-issued identification. Companies found in breach could face fines of up to A$49.5 million ($32 million).
Meta criticised the bill as “inconsistent and ineffective” without clear results from the age-verification trial. Google echoed the sentiment, urging for a measured approach to ensure Australians understand the implications of the legislation.
TikTok raised “significant concerns” over the lack of consultation with experts, social media platforms, mental health organisations, and young people. “Novel policies must be drafted thoroughly to ensure their success,” the company stated.
Elon Musk’s X also opposed the bill, arguing it could infringe on children’s human rights, including their freedom of expression and access to information. Musk, a vocal advocate for free speech, accused the government of using the bill as a backdoor to control internet access.
The opposition Liberal Party has signalled support for the bill, while some independent lawmakers have criticised the government for rushing its passage. A Senate committee report on the bill is expected on Tuesday.
If passed, the bill will place Australia at the forefront of regulating children’s online activity, but its swift progression and potential implications have sparked a heated debate over privacy, freedom, and the role of government in digital spaces.
Telecom
Unforgettable Moments and Big Wins at the TECNO SPARK 30 City Tour
TECNO SPARK 30 city tour made a memorable stop at Ikeja City Mall on November 15th, bringing with it an infectious energy that electrified the entire city.
As the event unfolded, it was clear that this was more than just a product showcase – it was an immersive experience designed to thrill and delight.
The day’s festivities kicked off with the iconic TECNO SPARK 30 transformer bus, painted in bold red and blue hues, rolling into action.
The bus served as the hub for a games grotto, where fans immersed themselves in thrilling digital games and adventures.
Outside, the excitement spilled over, with attendees engaging in friendly competitions of Jenga, Monopoly, Ludo, and chess.
These games sparked laughter, playful banter, and a sense of camaraderie among strangers.
As the games heated up, so did the rewards. Purchasers of the TECNO SPARK 30 Pro enjoyed a N20,000 discount and a chance to win up to 100% cashback by participating in the games.
The atmosphere was electric, with cheers of victory, enthusiastic applause, and celebratory high-fives.
The excitement reached a fever pitch with the arrival of tech and lifestyle creator Kagan, accompanied by Big Brother Naija Season 9 stars Victoria and Ruthee.
The trio dove into the action, competing in games and claiming victory. They were awarded TECNO-branded gift items, earning cheers and applause from the thrilled crowd.
The event was an unforgettable experience, leaving a lasting impression on all who attended.
Telecom
Sophos Report Highlights Cyber Risks During Holiday Shopping Season
During peak shopping days, this threat intensifies.
Here’s what happens: with the surge in online deals, more employees may be shopping from their work computers, feeling that Cyber Monday is a legitimate time to do so.
This increases the risk of them clicking more freely and potentially exposing the organization to malicious links or phishing attacks.
To keep your organization safe, encourage your team to follow these simple tips:
• Don’t click deals in email that look too good to be true or are from businesses you don’t have accounts from – these could be phishing emails hoping to bait you into clicking links to bogus, malicious web sites.
This season, small steps can make a big difference in protecting against cyber threats.
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