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EdTech Sector to Witness Radical Disruptions in 2020, says Wowbii CEO

Mrs Terae Onyeje, the Co-Founder and Chief Executive Officer of Wowbii Interactive, has said that 2020 will witness continued technology disruption in the Enterprise space, and even more so in EdTech .
According to Wowbii Interactive CEO, the EdTech landscape is bringing radical transformation to the traditional models of learning. “In Nigeria, we are seeing a more aggressive push towards the emergence of a digital economy, which will lift the impetus for educational institutions, enterprises, policy formulators and decision makers to explore technologies that will transform learning”, Mrs Onyeje says.
Nigeria, which is not left out of the wave of digitisation sweeping across the global economy, has taken the major initiative to rename the Federal Ministry of Communications to Federal Ministry of Communications and Digital Economy, to underscore the strategic vision towards a knowledge-based economy, according to Wowbii Interactive CEO.
According to her, “these initiatives will directly impact the EdTech sector and will see policy makers and the whole ecosystem of gatekeepers to knowledge radically refocusing a range of technologies to support learning and teaching.”
Mrs Onyeje made the announcement in Lagos in the Wowbii Interactive CEO EdTech Outlook for 2020, explaining the previous years have witnessed the rising awareness, refocusing and deployment of EdTech solutions across public and private institutions.
WOWBII Interactive is Africa’s first original equipment manufacturer (OEM) of interactive flat panels (IFPD). With a mission to ‘transform the way Africa works and learns’, Wowbii delivers application bundles on their IFPDs in the enterprise and education to achieve end-to-end 21st century communications solutions.
“To give Africa her pride of place at the forefront of learning technology, Wowbii is enabling Educators and Learners leapfrog to the fore of global learning best practice. We are delivering an explosive combination of lifelong learning by layering interactive learning applications and curricula using the native tool of the youth (tap n swipe hardware).
‘Our front-of-classroom devices and all-in-one desktops give educators creative options to manage learning areas; completing the robust interactive experience.
“Today, we are proudly motivating learners to deliver improved outcomes; empowering educators with immersive experiences that make them love teaching again and enabling institutions transform the education ecosystem”, according Wowbii Interactive CEO.
According to her, “to effectively deliver 21 st Century learning, the interactive learning experience we offer must reach the schools in the lower income bracket, where about 80 per cent of the Nigeria’s learners are.
We are therefore really excited about our new solution that brings affordable interactivity to the classroom – reinforcing our success in offering open, futuristic technology that connect legacy learning technologies. We plan to announce the new addition to our stable of solutions this quarter.”
Mrs Onyeje adds that increased workplace mobility is leading to the redesign of today’s enterprise workspaces. As the Enterprise seek expansion of legacy unified communications solutions, affordability, effortless legacy systems compatibility and ease-of-use are premium requirements.
She further explains that, “in the Enterprise, we are transforming business workspaces to 21st Century environments; creating immersive engagements by seamlessly connecting our technology to legacy Unified Communications systems.
Easy-to-use technology that delivers phenomenal collaboration and communication options for the modern business are some of the reasons why large enterprise businesses prefer the Wowbii experience.
“MTN, Nigeria’s largest telecoms company, was an early tech adopter as they were keen to test the Wowbudd at a showcase in 2017. A first unit was purchased for an executive boardroom. Fully satisfied with functionality and performance, MTN expanded their footprint the following year by equipping executive meeting rooms and offices with the updated solution. In 2019, they updated major offices across the country with the Wowbudd.”
According to key infrastructure users, “Prior to the deployment of Wowbii solution, we needed the help of IT Personnel support meetings that required the use of technology but now, everyone is able to initiate meetings with ease.”
Today, MTN staff “can seamlessly collaborate across locations via video with crisp sound quality, sharing multimedia content with ease”. The solution also allows us to analyze data with remote staff fully engaged with high quality video. Wowbii’s Interactive Telepresence comes to life with the large 4k screens.”
She adds that in education, major learning transformations are underway in Charles Dales School, Port Harcourt and Greensprings School, Lagos. Greensprings, a forerunner private school with three campuses catering to Primary and Secondary, has deployed Wowbii education solutions to their Ikoyi Campus.”
According to her, “with projectors going end of life, the transition to interactive flat panel displays is an inevitable transition education stakeholders worry about. Greensprings, The Thinking School, was an early adopter – familiar with typical challenges technology may come with the infusion of technology, Greensprings was cautious in making the 21 st Century classroom adoption. Key pain points the school needed to address was content, classroom management, hardware reliability and support. Beginning with the Ikoyi Campus in 2018, Wowbii actively engaged tutors to drive adoption.
“As a tech-savvy school, the users were very excited to use technology that enhanced their school ethos. Using the train-the-trainer method because the Wowbudds were not installed across campus, all teachers were converts in less than 12 months.
The interactive applications are changing the way the children respond to teaching and learning. It is a joy to see how well Greenspring has layered interactive technologies on their blended curriculum. Today, our learning solutions are across Greenspring Schools campuses in Lekki, Anthony and Ikoyi” according to Mrs Onyeje.
News
NIA Questions Legality of Reps’ Financial Probe

The Nigerian Insurers Association has urged the House Committee on Capital Market and Institutions to respect the constitutional separation of powers as it carries out a probe on over 20 insurance firms.
In a statement on Tuesday night, the Director General/Chief Executive Officer of NIA, Mrs Bola Odukale, said the decision of NIA and the affected firms to approach the court was to seek clarity on the constitutional limits of the House Committee’s probe.
It would be recalled that the House of Representatives on Monday is investigating no fewer than 25 insurance companies operating in the country for various financial infractions spanning financial reporting, claims settlement, premium remittance, and issuance of policies.
The Chairman, House Sub-Committee on Capital Market and Institutions, Kwamoti Laori, during a meeting with the management of the insurance companies at the National Assembly Complex in Abuja, said the meeting was convened following the receipt of a petition on infractions by the insurance companies.
In the statement, Odukale said, “The Association wishes to state unequivocally that all actions taken by the NIA and the affected member companies in response to the Committee’s invitations and pronouncements were based entirely on legal advice by its Solicitors. It was on the firm instruction of legal counsel that recourse was made to the courts.
“The objective of approaching the Court is to seek judicial guidance on the legality, propriety, and constitutional limits of the Committee’s intervention in order to safeguard institutional integrity, uphold regulatory independence, and ensure that legislative oversight remains within the bounds of law.
“The Court action seeks to determine whether the current posture of the Committee reflects an exercise of legislative judgment, which, by constitutional design, is the exclusive province of statutory regulators, such as the National Insurance Commission, Securities and Exchange Commission, Nigerian Exchange, Financial Reporting Council, Nigeria Data Protection Commission, and the National Information Technology Development Agency.
“This raises serious questions about legislative overreach and an erosion of the doctrine of separation of powers, a cornerstone of Nigeria’s constitutional democracy.”
Odukale maintained that the NIA was committed to lawful and constructive engagement with all arms of government, provided that such engagement respects the autonomy of statutory regulators and the boundaries established by the Constitution.
“The NIA will continue to provide its full support to all member companies while upholding the principles of legal compliance and sector-wide integrity,” Odukale concluded.
17 of the companies that went to court were represented by their lawyer, Mr Abimbola Kayode, at the meeting with the committee.
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Horn of Africa Leaders Seek Enhanced Digital Integration for Increased Regional Growth

Finance ministers and development partners from the Horn of Africa have called for enhanced digital integration to boost trade, drive economic growth and promote regional stability during the 25th Ministerial Meeting of the Horn of Africa Initiative (HoAI).
Held in Nairobi, on July 14, the meeting was co-chaired by the African Development Bank’s Vice President for Regional Development, Integration and Business Delivery, Nnenna Nwabufo and Somalia’s Minister of Finance, Bihi Iman Egeh. Discussions underscored the critical role of digital integration in reducing trade barriers, boosting government service delivery and creating employment — particularly for the region’s youth.
“Digital technologies are shaping today’s economy and tomorrow’s industries. By embedding these technologies into our programs, we can not only improve inclusion but also leapfrog outdated development models,” said Nwabufo.
She called for digital integration a “central enabler” in each of the Horn of Africa Initiative’s pillars – trade, infrastructure, resilience, and human capital,
Learning through experience
Drawing from global and regional success stories, speakers highlighted the transformative potential of technology-led development. The ministers pointed to the Philippines as a strong example, where ICT has generated millions of jobs in business process outsourcing. Similarly, Kenya’s fintech innovation—especially the success of M-PESA—was cited as a model for scaling digital financial services across the region.
Participants urged governments to proactively foster digital ecosystems by capitalizing on the demographic dividend, identifying infrastructure upgrades, tighter regulatory reforms, and digital skills trainings as priorities to enable broader participation in the digital economy.
Minister Egeh reiterated the need for more coordinated regional efforts to create the enabling environment required for accelerated digital integration and expansion. He referenced the HoAI Digital Policy Matrix, adopted in 2023 which provides a blueprint on how to address key obstacles to achieving effective digital integration across the region.
Barack Makokha, Kenya’s Cabinet Secretary for National Treasury, underscored the importance of regionally-aligned public private partnerships and advocated for blended financing to reduce investment risk and expand digital access in underserved areas.
World Bank Vice President for Eastern and Southern Africa, Ndiame Diop, called for a comprehensive multi-pronged approach, combining cross-border coordination, large-scale financing, robust policy support, and digital infrastructure investments. He pointed out that such measures could transform digital integration into, “a powerful engine of economic transformation” for the Horn of Africa—ensuring no one is left behind in the digital era.
The meeting concluded with a shared recognition that sustained political will and the determination to implement a multifaceted approach are essential to unlocking the region’s economic potential and driving long-term growth.
The event also welcomed observers from the East African Community, Agence française de développement, and Shelter Afrique, reflecting strong regional and international backing for the HoAI in the development community.
News
CSCS Inaugurates Custodian Portal to Enhance Digital Access, Operational Efficiency

Central Securities Clearing System Plc (CSCS), Nigeria’s capital market infrastructure provider, has launched its Custodian Portal, a user-centric digital solution designed to optimise custodian operations through intuitive, secure and efficient features.
Haruna Jalo-Waziri, Chief Executive Officer (CEO), CSCS, announced this in a statement on Monday.
The CSCS is a Public Limited Company with a diversified shareholder base, which serves as the Central Securities Depository for the Nigerian Capital Market.
It serves as the Central Depository for Equities, Commercial Papers, Corporate Bonds, Sub-National Bonds, certain Sovereign Bonds like the FGN Sukuk and the FGN Savings Bond, Equity-traded Funds, Real Estate Investment Trusts, Mutual funds and Commodities.
Jalo-Waziri said that the custodian portal offered a streamlined experience for market participants with powerful tools that facilitate comprehensive portfolio and trade management, document tracking, share transfer operations, client symbol search, and real-time access to vital data.
He explained that the portal, designed to operate through a flexible subscription-based model, empowered users to manage their records effortlessly and securely through convenient payment channels such as GTPay and Paystack.
According to him, “Digital transformation remains at the core of our strategy to enhance the efficiency, transparency and accessibility of Nigeria’s capital market services.
“The custodian portal is a significant leap in that direction, offering custodians a centralised platform to manage critical processes in real-time.
“We are excited about the value this innovation brings to our stakeholders, and we will continue to evolve the platform in line with users’ needs and industry trends.”
The CEO also explained that the portal was designed with user experience in mind with feature tools like portfolio viewing and downloads in PDF or Excel format.
He further said that it also featured tracking of stock movements across date ranges, inbox messaging and request tracking, as well as robust user management capabilities including role assignment and status tracking.
Similarly, the Divisional Head, Business Technology and Digital Innovation, CSCS Plc, Tobe Nnadozie, said that the portal aligned with CSCS’s drive to automate the market.
“In addition to the normal features, the platform is a part of an omnichannel platform for custodians, and includes API services.
“It also connects to the market-wide workflow, which CSCS has built to ensure secured communication and approvals across all major stakeholders in the market.
“The platform is well secured with best-of-breed cybersecurity solutions and our SOC,” he said.
The Custodian Portal reinforces CSCS’s commitment to leveraging technology to streamline back-office functions and support a more agile, data-driven capital market ecosystem.
All custodians in the Nigerian capital market have now been successfully on-boarded on the Custodian Portal, marking a significant milestone in CSCS’s ongoing drive to enhance collaboration, standardise operational processes, and promote digital adoption across the market.
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