E-Business
FG, Lagos Commend TD Africa for Launching Tech Experience Centre

The Tech Experience Centre, an ambitious technology project aimed at bridging the gap to cutting-edge technology for millions of Nigerians, has been described as strategic to the Federal Government’s plan to build a digital Nigeria for all citizens.
The foregoing was disclosed by Dr. Isa Ali Pantami, minister of Communications and Digital Economy.
Equally important, Pantami was speaking at the formal unveiling of the Tech Experience Centre located at the high-rise Yudala Heights on 13 Idowu Martins, Victoria Island, Lagos on Thursday, October 1st, 2020, Nigeria’s 60th Independence Anniversary.
The Minister, who was the Special Guest of Honour, expressed delight with the project, even as he conveyed the feelings of President Muhammadu Buhari on the launch of the massive initiative.
The Centre houses a convergence of globally renowned tech giants such as Cisco, HP, Microsoft, Dell Technologies, Zinox, Schneider Electric, Samsung, Apple and Bosch, among others, all under one roof to create an immersive experience of the latest technologies.
‘‘I am delighted to be here today to witness the commissioning of this landmark project. I am here to convey the regards of President Muhammadu Buhari who has been instrumental to the current drive of the Federal Ministry of Communications and Digital Economy for the ICT sector to achieve a Digital Nigeria.
‘‘We are happy to see this huge technology initiative become a reality as it shows the private sector has bought into our visions for Nigeria. Achieving a Digital Nigeria is not the responsibility of government alone. The role of government is to come up with the right policies and create the enabling environment while the private sector also supports the efforts of government. This Tech Experience Centre is very strategic to the seven pillars of our digital economy strategy which include: Digital Literacy and Skills Development; Service Infrastructure; Solid Infrastructure; Digital Services Promotion and Development; Soft Infrastructure; Digital Societies and Emerging Technologies and lastly Indigenous Content Development.
‘‘I wish to commend TD Africa and the Zinox Chairman, Dr. Leo Stan Ekeh for their efforts in birthing this Tech Experience Centre which we are certain will create a huge opportunity for our youths and many other Nigerians,’’ he disclosed.
Also speaking at the event, Chief Host, Lagos State Governor, Babajide Sanwo-Olu hailed the management of TD Africa for the bold initiative, even as he disclosed that the Lagos State Government is already laying the foundation for the state to be the technology hub of Nigeria and West Africa.
Sanwo-Olu, who was represented by the Deputy Governor, Dr. Obafemi Hamzat emphasised the important role of technology as a game-changer in any society.
“Technology provides data and it is the most effective way to achieve the ease of doing business. Data is the new currency. Any company that does not have a good database will collapse as it helps in the ease of doing business.
“Technology also helps in managing information. It is used in security, education and to collect data in the hospitals. Nigeria needs to urgently harness the use of technology to develop the nation,” he said
‘‘I commend the Zinox Chairman and TD Africa on the launch of this impressive technology project. Indeed, technology is the pillar of all the plans of the present administration in Lagos. In order to maximize the potential of the state, the deployment of technology is very critical,” Sanwo-Olu said.
Also speaking at the event, Chairman, Zinox Group, Leo Stan Ekeh, commended the Federal Government and the Lagos State government for their increased emphasis on the technology sector. Ekeh, a serial digital entrepreneur, described the renaming of the Ministry of Communications by President Buhari with the addition of Digital Economy as a masterstroke, even as he heaped praises on Dr. Pantami for his sterling leadership. The Zinox boss, who revealed that technology is the currency of new wealth in the 21st Century, revealed that the sector holds the key to the future of Nigeria’s digital wealth. Consequently, he called on the Federal Government to empower the youth especially in ICT, noting that Nigeria is the only place in the world where tech guys are among the poorest.
“Government needs to encourage the youths by empowering them as most of them work in that sector. Also, many youths are equally interested in developing the country through technology so they need to be empowered,” he said
In addition, he praised the Lagos State Government for creating a conducive environment for businesses to thrive, urging business owners to take advantage of the opportunity to invest in the state.
In her opening address, Head of the Tech Experience Centre, Chidalu Ekeh revealed that the Tech Experience Centre will play a key role in building local capacity and growing the Nigerian economy.
She said: ‘‘Right here and in this building, we are placing cutting-edge technology from the biggest tech giants at the fingertips of every Nigerian. As a matter of fact, we are not only bridging the gap to these technologies but also boosting local participation in the global technology ecosystem and increased adoption of technology by our people. We are excited by the multiple collaborations that would emerge from this landmark initiative, especially in view of its potential multiplier effects in re-writing our technology narrative and boosting the Nigerian economy.
‘‘The Tech Experience Centre will also play a very essential role in building capacity among Nigerians. Specifically, we intend to build an army of digitally-compliant youths and global citizens by exposing them to advanced trainings and certifications in the area of Information Technology, with many of them subsequently expected to build apps, crafts and other solutions that will address peculiar challenges in Nigeria or even solve global problems.’’
The event had a number of dignitaries drawn from the public and private sector. Among these was the Director General, National Information Technology Development Agency (NITDA), Inuwa Kashifu Abdullahi; Commissioner for Science and Technology, Lagos State, Dr. Hakeem Fahm; Chairman, MTN Nigeria, Dr. Ernest Ndukwe; Founder/CEO, MainOne, Funke Opeke; Chairman, Stanbic IBTC, Peterside Atedo; MD/CEO, Fidelity Bank, Nnamdi Okonwo; MD/CEO of Airtel Nigeria, Mr. Segun Ogunsanya, MD/CEO, Standard Chartered Bank, LaminManjang; MD/CEO, Ecobank, Patrick Akinwuntan; former Deputy Governor of the Central Bank of Nigeria, Ernest Ebi and his wife; former Chairman of Accenture, Mr. Dotun Suleiman; MD/CEO StanbicIBTC Capital, Mr. Funso Akere; Executive Director, Access Bank, Mr. Victor Etuokwu, MD/CEO,Providus Bank, Mr. Walter Akpani; Chairman, Aso Savings and Loans Plc., Alhaji Ali Magashi; former CEO, Diamond Bank, Mr. Emeka Onwuka; Founder/CEO, Britannia Oil and Gas, Mrs Catherine IjuIfejika and her husband, Mr. Emmanuel Ifejika; media entrepreneur and ace blogger, Linda Ikeji; renowned fashion couturier, Lanre Da Silva Ajayi, just to mention a few.
TheTech Centre is widely expected to boost Nigeria’s relevance in the global technology race and shore up the country’s march to technology independence.
For the first time, Nigeria will play host to the latest global technologies including those not normally available in Africa, offering all classes of visitors a first-hand experience of new gadgets, solutions and infrastructure that would have previously required a visit abroad, thereby saving corporate organizations, government establishments and individuals money or scarce foreign exchange expended on these trips.
E-Business
AI Slows Down some Experienced Software Developers, Study Finds

Contrary to popular belief, using cutting-edge artificial intelligence tools slowed down experienced software developers when they were working in codebases familiar to them, rather than supercharging their work, a new study found.
AI research nonprofit METR conducted the in-depth study, on a group of seasoned developers earlier this year while they used Cursor, a popular AI coding assistant, to help them complete tasks in open-source projects they were familiar with.
Before the study, the open-source developers believed using AI would speed them up, estimating it would decrease task completion time by 24%. Even after completing the tasks with AI, the developers believed that they had decreased task times by 20%. But the study found that using AI did the opposite: it increased task completion time by 19%.
The study’s lead authors, Joel Becker and Nate Rush, said they were shocked by the results: prior to the study, Rush had written down that he expected “a 2x speed up, somewhat obviously.”
The findings challenge the belief that AI always makes expensive human engineers much more productive, a factor that has attracted substantial investment into companies selling AI products to aid software development.
AI is also expected to replace entry-level coding positions. Dario Amodei, CEO of Anthropic, recently told Axios that AI could wipe out half of all entry-level white collar jobs in the next one to five years.
Prior literature on productivity improvements has found significant gains: one study found using AI sped up coders by 56%, another study found developers were able to complete 26% more tasks in a given time.
But the new METR study shows that those gains don’t apply to all software development scenarios. In particular, this study showed that experienced developers intimately familiar with the quirks and requirements of large, established open source codebases experienced a slowdown.
Other studies often rely on software development benchmarks for AI, which sometimes misrepresent real-world tasks, the study’s authors said.
The slowdown stemmed from developers needing to spend time going over and correcting what the AI models suggested.
“When we watched the videos, we found that the AIs made some suggestions about their work, and the suggestions were often directionally correct, but not exactly what’s needed,” Becker said.
The authors cautioned that they do not expect the slowdown to apply in other scenarios, such as for junior engineers or engineers working in codebases they aren’t familiar with.
Still, the majority of the study’s participants, as well as the study’s authors, continue to use Cursor today.
The authors believe it is because AI makes the development experience easier, and in turn, more pleasant, akin to editing an essay instead of staring at a blank page.
“Developers have goals other than completing the task as soon as possible,” Becker said. “So they’re going with this less effortful route.”
E-Business
Firm Uncovers $500K Crypto Heist Through Malicious Packages

Kaspersky GReAT (Global Research and Analysis Team) experts have discovered open-source packages that download the Quasar backdoor and a stealer designed to exfiltrate cryptocurrency. The malicious packages are intended for the Cursor AI development environment, which is based on Visual Studio Code — a tool used for AI-assisted coding.
The malicious open-source packages are extensions hosted in the Open VSX repository that claim to provide support for the Solidity programming language. However, in practice, they download and execute malicious code on users’ devices.
During an incident response, a blockchain developer from Russia reached out to Kaspersky after installing one of these fake extensions on his computer, which allowed attackers to steal approximately $500,000 worth of crypto assets.
The threat actor behind these packages managed to deceive the developer by making the malicious package rank higher than the legitimate one. The attacker achieved this by artificially inflating the malicious package’s downloads count to 54,000.
After installation, the victim gained no actual functionality from the extension. Instead, malicious ScreenConnect software was installed on the computer, granting threat actors remote access to the infected device.
Using this access, they deployed the open-source Quasar backdoor along with a stealer that collects data from browsers, email clients, and crypto wallets. With these tools, the threat actors were able to obtain the developer’s wallet seed phrases and subsequently steal cryptocurrency from the accounts.
After the malicious extension downloaded by the developer was discovered and removed from the repository, the threat actor republished it and artificially inflated its installation count to a higher number – 2 million, compared to 61,000 for the legitimate package. The extension was removed from the platform following a request from Kaspersky.
“Spotting compromised open-source packages with the naked eye is becoming increasingly difficult. Threat actors are using increasingly creative tactics to deceive potential victims, even developers who have a strong understanding of cybersecurity risks — particularly those working in the blockchain development field.
As we expect adversaries to continue targeting developers, it is recommended that even experienced IT professionals deploy dedicated security solutions to safeguard sensitive data and prevent financial losses,” commented Georgy Kucherin, Security Researcher with Kaspersky’s Global Research and Analysis Team.
The threat actor behind the attack published not only malicious Solidity extensions but also another NPM package, solsafe, which also downloads ScreenConnect. A few months earlier, three additional malicious Visual Studio Code extensions were released — solaibot, among-eth, and blankebesxstnion — all of them have already been removed from the repository.
E-Business
NITDA Reaffirms Commitment to 95% Digital Literacy by 2030, as UBEC Pledges Collaboration

Kashifu Inuwa CCIE, the Director General of the National Information Technology Development Agency (NITDA), has reaffirmed the Federal Government’s unwavering commitment to achieving 95% digital literacy across Nigeria by the year 2030, with an ambitious milestone of 70% by 2027.
This disclosure was made in total alignment with the present administration’s priority areas of reforming the economy for sustained inclusive growth and accelerating diversification through industrialisation, digitisation, creative arts, manufacturing, and innovation.
Making this known during a collaborative meeting hosted by the Universal Basic Education Commission (UBEC), Inuwa highlighted the government’s strategic prioritisation of human capital development as central to its national transformation agenda.
“We started this journey in 2023 when President Bola Ahmed Tinubu came on board and he made it clear that economic diversification and inclusivity are part of the administration’s agenda,” he noted.
“And the president outlined this in 8 priority areas to achieve the vision, with priority number 7 specifically focused on accelerating industrialisation, digitisation, creative arts, manufacturing, and innovation,” he added.
Recognising the importance of digital fluency in achieving this agenda, he stated that NITDA is committed to investing in the digital empowerment of citizens through the development of the National Digital Literacy Framework (NDLF), a strategic blueprint aligned with international best practices.
He added that to tailor the framework to Nigeria’s specific needs, 6 core competency areas were incorporated to include device and software operations, information and data literacy, communication and collaboration, content creation, safety, and problem solving.
He explained that the framework would address all levels of digital fluency, from basic, intermediate to advanced levels, to make digital skills accessible to every Nigerian, from primary school pupils to working professionals.
According to Inuwa, despite data limitations, NITDA estimates that Nigeria’s digital literacy rate currently stands at 50%, up from 44% in 2021, based on extrapolations from the World Bank’s Better Life Report.
The NITDA DG disclosed that the agency has been working closely with the Nigerian Educational Research and Development Council (NERDC) in developing a curriculum for digital literacy, which can be infused into formal education. Stating that the visit is a continuation of NITDA’s ongoing engagements with key education stakeholders, including the Federal Ministry of Education, the National Universities Commission (NUC), and the Nigerian Educational Research and Development Council (NERDC), all aimed at advancing digital literacy across all levels of learning.
Inuwa also revealed ongoing collaborations with global platforms such as Coursera to train teachers using AI-powered lesson generation tools and provide scalable online training.
It is worth recalling that late last year, NITDA partnered with the Nasarawa State University in collaboration with CISCO in launching the Digital Learning for NSUK (DL4NSUK) initiative to enhance digital literacy in tertiary institutions, and equipping graduates with the skills needed to be digitally proficient and globally competitive.
While stressing that the entire process, from curriculum development to classroom delivery, would require a whole-of-government and whole-of-society approach, Inuwa said, “This is not a journey we can walk alone; we must bring everyone on board, education stakeholders, technology providers, state governments, and international partners.”
In response to the DG’s remarks, UBEC Executive Secretary, Hajiya Aisha Garba, confirmed that the Commission has officially received the digital literacy curriculum developed by NITDA and NERDC and has commenced internal review processes.
She acknowledged the curriculum as robust and forward-looking but stressed the need for simplification to suit early learners and teachers, citing challenges such as curriculum overload, limited teacher capacity, and inadequate infrastructure as key barriers to effective implementation.
She pledged that UBEC, in partnership with the State Universal Basic Education Board (SUBEB), will lead efforts to equip schools with computers and solar-powered infrastructure to support real learning.
“We’re committed to working with NITDA and NERDC to refine the curriculum, train teachers, and ensure effective delivery. Let us align the technical vision with grassroots realities to make a lasting impact,” she concluded.
To formalise the implementation of the meeting’s resolutions, a joint inter-agency committee was established to develop strategic plans that will ensure the effective rollout of the digital literacy initiative, to equip young Nigerians with the essential digital skills required to thrive in an increasingly dynamic and technology-driven global landscape.
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