E-Business
GoOnline Nigeria to Empower SMEs for Digital Age

GoOnline Nigeria has announced the roll-out of its business growth programme for Small and Medium Enterprises (SMEs) across Nigeria to equip the ecosystem lead competitiveness in the Digital Age.
GoOnline Nigeria is a business growth programme for SMEs in Nigeria delivered by an alliance of Programme Partners and SME Growth Drivers across the technology, Internet, payments, financial services, media and allied industries.
Mr Foluso Busari, executive director of GoOnline Nigeria announced at a stakeholders’ retreat held in Lagos recently that the programme will aggregate Nigerian entrepreneurs and SMEs to lead and unlock business innovation, efficiency, competitiveness and profitability in the Digital Age.
GoOnline Nigeria is a 360-degree programme delivered in three key modules: Get Online, Grow Online and Succeed Online for SMEs across Nigeria to sell profitably on the Internet, while the official portal on www.goonline.ng has also been opened to the Internet community.
According to him, GoOnline Nigeria Programme Partners representing SME Growth Drivers in the technology, banking and financial services, media and other sectors have partnered with a shared vision to unlock entrepreneurial possibilities that foster innovation, job creation and overall economic growth across the SME ecosystem in Nigeria.
He said, “SMEs are a very important component of the Nigerian economy and are regarded as engine of sustainable growth. SMEs also hold potentials to contribute higher proportion to GDP in Nigeria with targeted initiatives like GoOnline Nigeria to unlock potentials in the sector and build a stronger SME sector. Consistent commitment to the development of strong SMEs sector can be unlocked by implementing initiatives like access to finance and financial incentives; basic and technological infrastructure and a commitment to building domestic expertise and knowledge.”
The GoOnline Programme Director also identified that the Nigerian SME ecosystem is very well positioned today with increasing telephony subscriptions and penetration across the country, which is also driving Internet access among a growing population of Connected Nigerians.
Official market information by the Nigerian Communications Commission (NCC) puts the telephony connections at 153,514,107 lines and Internet subscribers at 93,176,061 as at October 2016, “a trend that has enabled easier access to the Internet and social media services, he added.
Mr Busari also said that “the growing access is enabling easier channels for customer acquisition and retention as the Internet marketplace offers services that connect SMEs directly with customers.”
He stressed further that, “within the Nigerian macroeconomic environment, several initiative like the Local Content Policy, “Buy Nigeria” will further help SMEs harness compelling growth potential and like other emerging economies, are likely to constitute a significant portion of GDP in the near future.”
According to the Programme Director of GoOnline Nigeria, “our vision is to provide 21st Century IT and business resources for Nigerian entrepreneurs and SMEs to lead business innovation, business competitiveness and profitability in the Digital Age. GoOnline Nigeria will be sustainable into the foreseeable future by evolving SMEs that will be agile, sustainable, efficient, innovative and profitable by embracing the Internet for business.”
Under the plan, Mr Busari said that the GoOnline Business Growth Programme will be delivered for the following demographics:
SMEs that have no Internet presence at all and wish to start selling their goods and services online; SMEs that already have a website but are not recording online sales;
SMEs that sell online on third-party Markeplaces but do not have their own websites;
Market clusters across Nigeria with identified opportunities to embrace Internet to achieve business scale, operational efficiency and profitability;
Small businesses planning to open their own micro-enterprise or already run their own small business; Entrepreneurs interested in business but may or may not be familiar with basic business concepts;
Entrepreneurs that use some technology in their business or for personal purposes but do not maximize the use of technology in managing their business;
Entrepreneurs interested in learning how Internet and ICT tools can help them run their business.
Entrepreneurs interested in brief, practical and relevant hands-on training on Internet for Business.
Entrepreneurs interested in learning, exchanging ideas and networking with other entrepreneurs.
According to the GoOnline Programmes Director, the first phase will involve provision of affordable web presence bundling free Nigeria .ng Internet domain name, website, web hosting, telecoms starter kits for SMEs, e-commerce, CRM and other business management tools.
“This phase will demystify the Internet and other online business platforms for small business and provide affordable and effective websites to gain and retain new customers and also target online communities, demographics and market opportunities across the local Internet community”, Mr Busari explained.
Stage Two on Grow Online will provide SMEs across Nigeria with 21st Century IT and business skills for entrepreneurs to lead business innovation, operational efficiency, business competitiveness and profitability in the Digital Age.
This phase of the programme will incorporate targeted trainings, workshops and seminars spread over a one year cycle of monthly learning experiences to offer partner SMEs the needed skills and competence to gain and retain customers by leveraging the Internet.
According to Mr Busari, “more importantly, this phase also enable partner SMEs and merchants to unlock value propositions available from GoOnline Programme Partners and SMEs Growth Drivers to grow their businesses.”
This phased programme will feature online business communities, Monthly Learning & Networking Experiences, Quarterly and Annual Online as well as Physical Showcase Events, according to the GoOnline Nigeria Programmes Director.
“We are positive that GoOnline Nigeria will be the next wave for SMEs in Nigeria by creating a sustainable path to accelerate online revenue growth and profitability. The Programme will enable SMEs across Nigeria generate higher percentage of revenues from Internet storefronts to complement their physical storefronts”, Mr Busari added.
E-Business
Visa to Establish Data Centre in Nigeria to ‘Boost Digital Economy’

Visa, global payment services giant, has announced plans to establish a data centre infrastructure in Nigeria.

Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
According to a statement by Stanley Nkwocha, senior special assistant to the president on media and communications (office of the vice-president) on Friday, Andrew Torre, Visa’s regional president for central and eastern Europe, the Middle East, and Africa, spoke during a courtesy visit to Vice-President Kashim Shettima at the presidential villa in Abuja.
“This is in addition to its investments of over $1 billion in the country, including a substantial technological partnership with @moniepoint to foster digital payment solutions, a $200 million investment in Interswitch, and a partnership with @thriveagric to empower smallholder farmers and enhance food security in Nigeria,” the statement reads.
During the meeting, Torre said the plan to establish the data centre infrastructure aims to bring new technologies into the Nigerian market that would bolster the nation’s growing digital economy.
“Visa has been making investments and will continue to make these investments in Nigeria,” he said.
Responding, Shettima welcomed Visa’s expansion efforts, assuring the delegation that the partnership between Visa and the Nigerian government would continue to flourish.
The vice-president commended the company for investing in ThriveAgric, noting that President Bola Tinubu’s administration is deeply committed to repositioning the agriculture sector, which remains a top priority in its 8-point agenda.
“Nigeria is where the action is. Of the 10 fintechs in Africa, about eight are in Nigeria, with moniepoint as the newest addition,” Shettima said.
“Agriculture is key to the 8-point agenda of the present administration. President @officialABAT is really keen on repositioning the agriculture industry here, and we have to invest in technology, we have to invest in modernisation.”
On January 23, Moniepoint, a Nigerian fintech company, announced it secured investment from Visa to support the growth of small and medium enterprises (SMEs).
Andrew Torre, Visa’s regional president for central and eastern Europe and Vice-President Kashim Shettima
E-Business
FCTA Approves N242.8m for Microsoft 365 Licence to Digitise FCT-IRS

Federal Capital Territory Administration (FCTA) has approved N242.8m for the procurement of a Microsoft 365 licence for its Internal Revenue Service (FCT-IRS) as part of efforts to digitise the service’s operations.
Mr Michael Ango, acting executive chairman of FCT-IRS, disclosed this after the FCT Executive Committee meeting chaired by Mr Nyesom Wike, the minister of FCTA, in Abuja on Wednesday.
Ango said that the FCTA was making significant investments in technology to enhance revenue generation and collection.
“So, this is also one of those investments in technology that the FCT is undertaking.
“The licence, if procured, will enhance our ability to move most of our manual processes into automated processes.
“It will enhance our ability to communicate within our offices,” he said.
The executive chairman added that the move would also reduce the use of paper and ensure better record-keeping through the storage of information and documents in the cloud.
According to him, “The licence will essentially enhance our operations and assist us in generating revenue for the development of the FCT under Wike’s leadership.”
E-Business
Rack Centre Hosts Olla Systems’ Private Cloud Infrastructure

Rack Centre, West Africa’s Tier III Carrier and Cloud neutral data centre, has welcomed Olla Cloud Service, a new private cloud service by Olla Systems Limited, a leading provider of innovative technology solutions, to its facility.
Hosting at Rack Centre, Olla Cloud Service runs on a state-of-the-art, cloud-enabled infrastructure for enterprise applications across diverse platforms, including mission critical application, web applications as well as containerised applications using Kubernetes.
Lars Johannisson, CEO, Rack Centre, welcoming Olla Systems, noted that the partnership with Olla Systems Limited would reflect the company’s commitment to providing African businesses with high- quality cloud computing services.
He noted that Olla Systems would enjoy Rack Centre’s 13.5MW data centre campus facility, designed to meet the highest international standards and offering scalable solutions to Hyperscalers, Enterprises, and Cloud service providers.
As part of its commitment to sustainability, the facility is equipped with energy-efficient systems, advanced cooling technologies to mitigate environmental impact and an optimally-designed feature to handle high-density workloads with precision.
According to Johannisson, “With Olla Cloud Service hosting at Rack Centre, clients will experience fast performance and low latency, enabling businesses in Africa to access world-class cloud computing services within a secure and compliant local infrastructure.”
Also speaking, Olusola Adenuga, chief executive officer, Olla Systems Limited, expressed enthusiasm about hosting at Rack Centre, noting that Olla Cloud remains a groundbreaking private cloud solution for businesses.
While highlighting the benefits of the partnership between Rack Centre and Olla Systems, Adenuga disclosed that “subscribing to Olla Cloud Service is cost-effective to customers because of its local currency payment advantage.”
She also noted that the partnership between the duo, provides businesses the opportunity to meet regulatory requirements of data residency, while enjoying world-class infrastructure as a service (IaaS) locally.
“Other benefits of hosting with Olla Cloud include: 24/7 support, unparalleled performance, scalability and agility.” she added.
- E-Financial2 days ago
UBA Launches Afrigo Card to Revolutionise Domestic Payments
- E-Business2 days ago
Firm Offers Steps to Prevent a WhatsApp Account from being Hacked
- E-Financial2 days ago
Court Slams Zenith Bank with N30m Damages over Fraudulent Debits in Customer’s Account
- News2 days ago
Empowering Women in STEM: Tosin Eniolorunda Foundation Hosts Financial Literacy Workshop @OAU
- Telecom2 days ago
Samsung Unleashes AI, Introduces New Galaxy A56 5G, Galaxy A36 5G and Galaxy A26 5G
- E-Business2 days ago
FCTA Approves N242.8m for Microsoft 365 Licence to Digitise FCT-IRS
- E-Financial1 day ago
FIRS Partners Flutterwave for Digital Payment Collection
- Broadcasting1 day ago
Public Outrage, Legal Threats as Abuja Council Demands N500, 000 as TV Levy