E-Business
Edo, Emerging Role Model for Digital Economy – Ekeh, Zinox Boss
Leo Stan Ekeh, Africa’s foremost digital disruptor and founder, Zinox Group, has disclosed that Edo State has the requisite attributes to become a model for digital economy in Nigeria.
Ekeh made this known on Monday, April 12, 2021.
The Zinox boss was speaking during a smart exploratory visit to Benin, the Edo State capital for likely expansion and investment purposes.
The serial digital entrepreneur, who seized the opportunity to pay a courtesy call on the Edo State Governor, Godwin Obaseki, expressed his surprise at the massive rate of digital adoption in the state, even as he declared that Edo boasts ready whiz kids who can defend the state and Nigeria in the 21st Century.
‘‘The wealth of Edo State lies not in its current Internally Generated Revenue (IGR) profile, its population or level of infrastructural development in the state but in its growing army of digitally ready youths, many of whom will become certified and sustained billionaires in the nearest future,’’ Ekeh stated.
The Zinox boss, who was conducted round some of the tech hubs in the state in company of some of his Management staff, expressed amazement at the brilliance of the youths he encountered at the centres, among whom are software developers and coders, digital graphic artists, social media creatives, fashion designers and automobile technicians, among others.
Ekeh, who also addressed specifically the young girls in the hubs, encouraged them to keep up building up their capacities, even as he assured them that they are bound to become global leaders soon as it is now more an extra blessing to have girls than boys in this century, noting that by the second quarter of the century, billionaires would no longer be assessed by their monetary values or gender, but by their future earnings and family values.
The Zinox Chairman hailed the cultured disposition of the young ladies, jokingly noting that if he were to marry today, he will go for a tech savvy Edo girl already prepared to rule the world.
‘‘This was how I took a decision those old days when I married my wife as a knowledge star with a First Class in Mathematics, a UK-certified accountant with an MBA. Be proud of your state and country of birth and the knowledge privileges you are enjoying under Governor Obaseki and continue to pray for good leadership. Your Governor has made all of you global citizens because you have great value to add to the society as wealth creators and not a burden to the society,’’ he counselled the youths.
He affirmed that the coronavirus pandemic has turned out to be a blessing in disguise, stating that a state like Edo, for instance, has taken advantage of it to double down on its embrace of technology, while some states may not have been conscious of using digital tools to upgrade the knowledge of their citizens.
‘‘I felt the power of enforced digital knowledge in February when I celebrated my birthday. I received over 12,000 messages through texts, WhatsApp, Facebook, emails, etc. It was impossible to reply all well-wishers. After a few days, I woke up one morning to pray for all persons and organisations that wished me well including Mr. President. It was unprecedented but that reassured me that I did not waste my 36 years of preaching digital democracy and doing IT evangelism.
‘‘It is obvious that the COVID-19 pandemic and its encumbrances has helped Edo State turn more attention to transforming the state into a digital economy. This is highly commendable. Although the current wave of digital revolution was birthed by the administration of former President Olusegun Obasanjo, the current administration of President Muhammadu Buhari has also dedicated huge attention to the importance of building a digital economy in Nigeria, especially with the renaming of the Ministry of Communications and the appointment of Dr. Ali Isa Pantami, a digitally-savvy professional to man it.’’
Ekeh commended Obaseki for bringing his exposure to bear in building a knowledge base in the state, adding that the state has gone about the initiative without making a noise about it. Further, the Zinox boss disclosed that the benefits of leveraging technology in all facets of human endeavour cannot be over-emphasised in the 21st Century, even as he reiterated that it is the only resource today that can bridge the gap between the haves and the have-nots.
Also speaking at the event, Obaseki emphasised the determination of his administration to leave a lasting legacy in the state through a deliberate focus on technology.
‘‘While receiving the Founder Zinox Group, Mr. Leo Ekeh, I reassured that my administration will continue to pursue policies and programmes to enhance digital transformation for businesses in the state, so as to increase their competitive advantage, improve performance and boost growth.
‘‘For us as government, our role is to create an enabling environment; an environ for people to be successful. It is evident, over the last four years, how we have focused on the electrification of Edo state, human capacity building and other notable projects to drive the state’s economy,’’ Obaseki stated.
Meanwhile, Zinox, one of the Infrastructure Companies (Infracos) licensed by the Federal Government, is expected to roll out a multi-billion-naira broadband deployment in the entire 95 local government areas in the South East, a project which analysts believe will unleash the sheer human capital potential of the region and transform it into an investors’ delight.
inq. Nigeria, the leading provider of Edge technology solutions in Nigeria, has achieved a remarkable double win at the 8th annual Technology Innovation Awards (TIA).
Known for delivering innovative, business-relevant solutions in Edge AI and IoT, SDN/NFV for Edge Cloud, Secure Access Service Edge (SASE), and Elastic Edge, inq. Nigeria was honoured as the “MVNO Provider of the Year” and received the “Cloud Product of the Year” award for its groundbreaking product, inq.Fabric.
The TIA Awards, one of the most prestigious accolades in the tech industry, celebrates exceptional individuals and organisations at the forefront of digital transformation. This year, inq. Nigeria was acknowledged for its comprehensive impact on the Nigerian tech landscape and its commitment to innovation.
The MVNO Provider of the Year award highlights inq. Nigeria’s leadership in delivering flexible, high-performance MVNO services in an emerging market.
Through its adaptable network platform, inq. empowers licensed MVNO providers with seamless, scalable connectivity solutions for data-driven applications and IoT, bypassing traditional infrastructure needs. This enables them to meet critical network demands and integrate efficiently across diverse environments in Nigeria’s evolving market.
The Cloud Product of the Year award celebrates inq. Nigeria’s inq.Fabric, a pioneering cloud connectivity solution that automates provisioning and routing for cloud access. This software-defined networking solution provides secure, agile, and reliable connectivity, supporting rapid deployment and scalability, which is critical for multinationals, government bodies, and SMEs in Nigeria.
Reflecting on this achievement, Ifeanyi Akosionu, Managing Director of Anglophone West Africa, inq. Nigeria, expressed his gratitude, stating, “These awards reflect our commitment to excellence and innovation. At inq., we are dedicated to continuously advancing our solutions, contributing to Nigeria’s economic growth by empowering businesses to thrive.”
He highlighted inq.’s leadership in supporting Nigeria’s emerging MVNO industry, noting, “Our MVNO solutions equip licensed providers with the agility, tools, and support needed to enter the market confidently and succeed in a dynamic landscape.” Akosionu also acknowledged Fabric by inq., which offers a flexible, cloud-based environment designed to boost productivity and streamline decision-making for clients.
Akosionu attributed inq.’s success to its close partnerships with a diverse clientele, whose collaboration inspired the development of forward-thinking solutions that address critical needs in connectivity and digital transformation across Nigeria.
Akosionu also extended appreciation to inq.’s dedicated team, saying, “Our thanks go to our valued customers for their trust and to our team at inq. Nigeria, whose dedication ensures that we consistently deliver world-class solutions.”
Previously, at the 7th edition of the TIA Awards, inq. Nigeria also received recognition as “IoT Solutions Provider of the Year” and “Digital Services Provider of the Year”, further solidifying its leadership in digital and IoT solutions.
Nigeria Data Protection Commission (NDPC) has taken a significant step forward in its mission to promote data protection and privacy awareness in Nigeria by signing a Memorandum of Understanding (MoU) with Enioluwa Adeoluwa, renowned social media influencer.
L-r: Enioluwa Adeoluwa, renowned social media influencer andDr. Vincent Olatunji, national commissioner, NDPC, at the signing of the MoU
This partnership aims to harness the power of social media to educate Nigerians on the importance of data protection and privacy.
The MoU, which will last for six months and is subject to renewal, is also aimed at creating a safer digital landscape for all Nigerians.
Speaking in Abuja, Dr. Vincent Olatunji, national commissioner, NDPC, stressed that with over 40 million Nigerians using social media daily, data protection and privacy have become crucial concerns.
He noted that this number highlights the immense importance of safeguarding personal information in Nigeria’s digital landscape.
“The Nigerian government is really taking this up to ensure that Nigerians are protected. More importantly, we know that about 40 million Nigerians go online every day, which is significant considering there are about 120 million people in total. That is huge. For this reason, we have to ensure adequate measures for safety to safeguard the data within our country.
“And Nigerians know their rights under the Nigeria Data Protection Laws and understand the kind of measures they need to implement to protect their data,” he stated.
Dr. Olatunji explained that the MoU was signed to increase awareness about data protection and privacy in Nigeria, helping individuals understand their privacy rights and ensuring that data controllers and processors are aware of their obligations.
The National Commissioner emphasised that, with Enioluwa’s social media following, this partnership will aid in educating the public about the Commission’s mandate and in advancing its roadmap for awareness creation.
“This partnership with Enioluwa Adeoluwa marks a significant milestone in our efforts to promote data protection and privacy awareness in Nigeria. We believe that social media has the power to shape public discourse and influence behaviour, and we’re excited to leverage this platform to drive positive change,” Olatunji said.
On his part, Adeoluwa emphasised that his motivation for collaborating with the Commission is not driven by financial gain, but rather by a desire to contribute meaningfully to Nigeria’s development. He encouraged more young people to participate in nation-building to ensure that Nigeria can become great again.
The Nigeria Data Protection Act, which established the Commission, was signed into law on June 12, 2023, by President Bola Tinubu.
Since then, the Commission, led by Dr. Olatunji, has been working actively to ensure that every Nigerian understands his or her privacy rights.
The Commission’s mandate includes protecting the rights of data subjects, promoting data protection best practices, and ensuring compliance with data protection regulations.
Converting Bitcoin (BTC) to Naira has become increasingly popular in Nigeria, and choosing the right platform for this task can make a big difference in maximising your returns while keeping your funds secure.
With numerous options available, it’s essential to know which features set a great BTC-to-Naira conversion site apart from the rest. This guide breaks down the key features you should look for and includes a trusted recommendation: Breet.
Key Features to Consider When Choosing a Site to Convert BTC to Naira
1. Security and Trustworthiness
Security should be the top priority when choosing a BTC-to-Naira conversion platform. A reputable site should have strict security measures, such as SSL encryption, two-factor authentication (2FA), and continuous monitoring for suspicious activity. To ensure the platform’s legitimacy, verify that it’s licensed or regulated.
2. Conversion Rates
Getting the best possible conversion rate means more Naira in your pocket. Rates can vary across platforms, so it’s worth comparing them to get the most value for your BTC. However, be mindful of platforms that advertise unusually high rates, as they may come with hidden fees or tricky terms.
Quick Tip: Pay attention to the platform’s fee structure. Some may charge a flat fee, while others take a percentage, which can significantly impact your earnings.
3. Transaction Speed
In the fast-paced world of cryptocurrency, timing is crucial. A platform that offers quick processing times can help you secure the rate you want and avoid delays due to market fluctuations. Some platforms offer instant transactions, which is ideal if you need immediate access to your funds.
Pro Tip: If speed is a priority, look for platforms with a reputation for quick confirmation times and real-time processing.
4. Ease of Use
Not everyone using a BTC-to-Naira service is a crypto expert, so an intuitive interface can make the process stress-free. A clean, user-friendly layout ensures you can navigate the site or app with ease, regardless of your crypto experience.
Bonus Tip: A mobile app can be a game-changer, allowing you to convert BTC to Naira from anywhere, anytime. Don’t forget to check for accessible and responsive customer support, as they’ll be crucial if you have questions or run into issues.
5. Payment Methods Available
The best BTC-to-Naira platforms offer direct Naira bank transfers, which allow you to receive your funds without hassle. Verify if the platform has daily or weekly withdrawal limits that fit your intended transaction size. This ensures you won’t run into unwanted restrictions when it’s time to withdraw your funds.
6. Transaction Fees and Limits
Be sure to check each platform’s transaction fees. A flat fee might be more beneficial for smaller transactions, while a percentage-based fee might be better for larger transfers. Additionally, make sure the withdrawal and daily limits meet your needs.
7. Reputation and Community Trust
Word of mouth and community endorsement go a long way in the crypto world. Platforms with high ratings from seasoned users in forums or social media groups are often reliable. Look for transparency in their terms and policies, and be cautious of any red flags, such as rates that seem too good to be true or a lack of user reviews.
Recommended Site to Convert BTC to Naira: The Breet App
After reviewing several options, Breet stands out as a highly recommended site to convert 1btc to naira today. Here’s why:
- Competitive Rates: Breet offers competitive conversion rates with no hidden fees, so you know exactly what you’re getting.
- Zero Trading Fees: Breet doesn’t charge a transaction fee, so you can perform as many transactions as you want, all at no cost to you.
- Instant Naira Payouts: The platform ensures fast, direct payouts to your Nigerian bank account, making it ideal for those who need immediate access to their funds.
- User-Friendly Experience: Breet’s interface is intuitive and designed with all users in mind. It’s simple enough for beginners and robust enough for advanced users.
- Community Trust: Known for transparency and reliability, Breet is well-regarded in the Nigerian crypto community and is backed by excellent customer support.
How to Convert BTC to Naira on the Breet App
Ready to convert your BTC to Naira on Breet? Here’s a simple step-by-step guide to get you started:
- Register & Verify: Download the Breet app, sign up, and complete verification for secure access.
- Check Rate & Confirm: View the btc to naira rate. If satisfied, proceed with your sale.
- Deposit Bitcoin: Transfer your Bitcoin to your unique Breet wallet address by copying it or scanning the QR code.
- Transaction Processing: Breet will detect and automatically process your transaction once it’s confirmed on the blockchain.
- Receive Naira: Your Naira balance updates instantly, ready for quick withdrawal—no delays or extra steps.
Conclusion
Selecting the best platform for converting BTC to Naira requires careful consideration of essential features, such as security, conversion rates, transaction speed, ease of use, and payment options. Breet is a trusted option for those who value simplicity, speed, and competitive rates.
For those new to converting BTC or seasoned traders looking for reliability, Breet offers a comprehensive solution that’s secure, convenient, and transparent. Try Breet today, or use our checklist above to find the platform that best suits your needs.
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