E-Business
Global Public Cloud Market to Hit $207Bn in 2016-Oracle
Cloud Computing with the sole aim of allowing users to take benefits from existing technologies, without the need for deep knowledge about or expertise with each one of them, has continued to gather momentum.
New report shows that public cloud market overall will reach $207 billion in 2016 from 2012 $109 billion and $91 billion in 2011, with leading software companies like Oracle making commitments towards it actualization.
Speaking during Cloud Computing Consumer Summit in Lagos recently, Gamal Badr, Cloud Computing Solution Specialist at Oracle, said that Cloud Computing is the result of evolution and adoption of existing technologies and paradigms hence the software company is offering customers the same Oracle cloud software stack bedded on a singular hardware platform, assembled from Oracle’s engineered appliances.
IT expert who spoke to Nigeria CommunicationsWeek at the event confirmed that Oracle is offering solutions and infrastructure different from other companies like Amazon Web Services, Terremark, and Rackspace. In other words, Oracle cloud was “based on industry standardization.”
Badr during his presentation on ‘Architecting Your Cloud: A Blueprint for Cloud Builders’ affirmed that Oracle’s cloud primarily run in Java, a language based on an international standard.
“The peculiarity of Oracle’s cloud is that it runs any applications written in Java, whether those apps are custom enterprise versions or Oracle Fusion apps. Oracle’s Siebel, JD Edwards, PeopleSoft, and E-Business Suite applications have been rewritten in Java to form the new Fusion line”.
Nigeria CommunicationsWeek checks show that Oracle also uses Web service standards, such as SOAP, REST, and XML, to create its public interfaces to its cloud services. Also, virtual appliances in the Oracle cloud will run under Oracle VM 3.0, which adheres to the open source codebase for Xen.
Identifying consolidation and standardization as the first steps to private cloud, Badr added that users can leverage on the provisions made in its ‘infrastructure as a service’ anchored on Oracle’s self-service, Automated IaaS.
These are tied to virtualization, self service portal, create rich service catalog based on pre-installed (by Oracle) or self created images, among other values.
Although he agreed that apprehensions about security, cost, bandwidth shortage, etc., could impact on company’s migration to the cloud, the IT expert noted that Oracle solution is different in another way.
Nigeria CommunicationsWeek recalled that not long after launch of its cloud services, Oracle also unveiled Oracle Social Network, which allows groups within the enterprise to set up impromptu teams, search and tag enterprise content, find prospective team members with needed expertise and co-edit documents.
The platform also coordinates a communications forum for working with consultants and partners outside the company.
“Oracle presently offers database as a service, database application as a service, middleware as a service and testing as a service and most importantly, Oracle delivers the full cloud lifecycle. No other company can do that in the cloud computing scheme.
“The Oracle cloud offers load balancing including security measures, and elastic expansion and contraction to keep resources in line with demand,” he added.
E-Business
Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

Nigerian government, through the Office of the National Security Adviser (ONSA) and the National Information Technology Development Agency (NITDA), has announced a strategic collaboration to strengthen cybersecurity and clean up the nation’s cyberspace.
Recognizing that cybercrime knows no borders, Nigeria also reaffirmed its commitment to fostering stronger global partnerships within the cybersecurity ecosystem.
This announcement was made during a press conference before the inaugural National Cybersecurity Conference, which is scheduled to take place in Abuja from July 9th to 11th, 2025.
Sa’ad Abubakar, national cybersecurity coordinator from the Office of National Security Advisor, said fighting cybercrime must take the whole of society and the whole of the government approach.
According to him, “Apart from the deterrent approach whereby government agencies such as Economic and Financial Crimes Commission (EFCC) arrest individuals, take them to court and prosecute them, the youth can be nurtured into better citizens who can showcase their capacity in better ways and be useful to the country.”
Similarly, Kashifu Abdullahi, director-general, NITDA, also stressed the need for collaborative efforts in fighting cybercrimes.
According to him “Then, in addition to that, we also want to build a stronger global collaboration with the global cyber security ecosystem, because when you look at cybercrime in general, it doesn’t respect the borders.
“Someone can commit a crime from Ghana using a Nigerian ID in the US. So you can look at him physically in a different jurisdiction, pretending to be in another jurisdiction, committing the crime in another jurisdiction.
“So without that kind of synergy and working together, it will be difficult to address these challenges. The third one is challenge. The third one is getting an alternative to cybercrime for our kids in Nigeria. We have this as a major challenge.”
Inuwa further highlighted the upcoming conference’s importance, noting that it would tackle key issues through workshops, discussions on emerging threats, cross-border cybersecurity collaboration strategies, and training programmes.
He also announced that the National Cybersecurity Conference 2025 would feature the Cybersecurity Excellence Awards, recognising top contributions in the field.
The DG extended an invitation to global partners to collaborate with Nigeria in building a safer digital future.
The press conference was attended by notable figures, including Ahmad Sa’ad Abubakar, National Coordinator of, the National Cybersecurity Coordination Centre (NCCC); Hanniel Jafar, Representative of the President, of Cyber Security Experts Association of Nigeria (CSEAN); Ankit Shukla, Managing Director, QNA Marketing Management LLC and members of the press and other stakeholders.
E-Business
AXIAN Telecom Invests in Jumia Post-MTN Era

XIAN Telecom has acquired an 8% stake in pan-African e-commerce company Jumia Technologies, citing the platform’s fintech and logistics strengths as key drivers of its backing.
This marks the first major telecom investment in Jumia since MTN Group’s exit in 2020.
AXIAN, a fast-growing telecom and digital services provider with operations across Africa, disclosed the purchase in a Schedule 13D filing with the U.S. Securities and Exchange Commission.
While the financial terms were not disclosed, AXIAN Telecom CEO, Hassan Jaber, described the move as a strategic alignment with Jumia’s growth trajectory and digital ecosystem.
“Jumia’s achievements in digital retail and fintech, particularly through JumiaPay and its logistics network, make it a very attractive investment for us. We believe in Jumia’s potential to promote financial and economic inclusion, which aligns with our core values,” said Jaber.
Once dubbed the “Amazon of Africa,” Jumia became the first African-founded tech company to list on the New York Stock Exchange in 2019.
But years of underperformance, leadership changes, and competitive pressures dented investor confidence.
In October 2020, South Africa’s MTN Group offloaded its 18.9% stake for $138 million, well below the $698 million value it once held post-IPO.
Since then, Jumia has undergone a significant transformation. Under CEO Francis Dufay, appointed in 2022, the company exited low-performing markets like South Africa and Tunisia, cut costs, and doubled down on core markets – Nigeria, Kenya, Egypt, and Morocco.
The firm is now focused on high-growth verticals, including everyday essentials and digital financial services.
Jumia’s regional CEO for East Africa, Vinod Goel, recently revealed plans to scale up international brand offerings and open its logistics network to third-party businesses.
Jaber underscored that AXIAN Telecom’s investment signals renewed confidence in Jumia’s long-term potential.
The telecom firm’s CEO said the company views Jumia as a key player in advancing Africa’s digital economy, aligning with AXIAN’s mission through its fintech and digital infrastructure brands such as Yas and Mixx by Yas.
E-Business
NIMC Plans to Register 95 Percent Nigerians by December

Abisoye Coker-Odusote, director general, National Identity management commission (NIMC) has said that the commission is set to register 95 percent of Nigerians into the National Identity Database before December 2025.

Abisoye Coker-Odusote,, DG, NIMC
She made this statement at a press briefing to highlight the commissions goal aligns with President Bola Tinubu’s Renewed Hope Agenda, particularly on digital governance and inclusive development.
The mass enrollment drive will be powered by a combination of improved infrastructure, expanded registration centres, and robust public sensitization campaigns.
As of May 2025, NIMC reports over 120 million Nigerians have been enrolled, and about 100 million more would be captured by December.
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