E-Business
IDC Holds CIO Summit West Africa in Lagos

The International Data Corporation (IDC) CIO Summit is meant, to collaborate, connect, and inspire the CIO’s in the region as the industry explores the era of Return on Information (ROI).
Now in its 7th year, the IDC’s CIO Summit Series is the foremost gathering of CIOs, providing a number of platforms for sharing ideas, advisory services to better assist them in their jobs, as well as establishing a peer-to-peer community.
Under the patronage of Mr. Adebiyi Mabadeje , commissioner, Ministry of Science and Technology, Lagos State, the summit will reflect on the key factors that are currently influencing the ongoing evolution of the CIO`s role within the modern enterprise.
The summit will hold on May 13 at Eko Hotels and Suites, Lagos.
According to Theresa Etukodo Eshiet, the conference manager, the Summit will feature Annual CIO Survey: Additional insights will be gleaned from IDC’s annual survey to help validate and drive key themes and topics based on varying levels of importance, not only to the CIO, but also to key stakeholders across the enterprise.
Analyst Interaction: Meet with industry experts who provide valuable insights and analysis to top ICT vendors, technology buyers, and the end-user community throughout the year.
Make Connections: IDC is committed to helping CIOs connect directly with our analysts so as to address the specific issues and challenges that are unique to your business.
The summit also provides unrivalled access to your peers and colleagues through numerous small and private group discussions.
Guests will also meet IDC’s chief research officer, chief analyst, and more than 20 international and regional practice heads.
“As the business landscape and the technology businesses rely on, have transformed in recent years, CIOs have become faced with new types of challenges that were not part of the job only a few years back. This year’s CIO Summit will explore the new types of challenges that CIOs are faced with as a result of 3rd platform technologies – or what IDC refers to as the 4 pillars of technology: Cloud, Big Data, Mobility and Social.
“All these technologies are not only changing the technology solutions that CIOs need to implement, they are also fundamentally affecting the role of IT in the organisation, the tasks and responsibilities of the IT department, and the skill sets required by the CIO and the IT staff. The Summit will explore some of the key areas that in particular affect CIOs today,” Eshiet said.
E-Business
Senate Votes to Compel Facebook, Others to Open Offices in Nigeria

Nigerian Senate, on Tuesday, passed for first reading a bill aimed at amending the Nigerian Data Protection Act of 2023.
The amendment seeks to compel major social media platforms—including Facebook, X (formerly Twitter), Instagram, WhatsApp, YouTube, TikTok, and other independent bloggers—to establish physical offices in Nigeria.
The bill is titled “A Bill for an Act to Amend the Nigerian Data Protection Act, 2023, Mandating the Establishment of Physical Offices within the Federal Republic of Nigeria by Social Media Platforms, and for Related Matters, 2025.”
It was introduced by Senator Ned Nwoko, a lawmaker from Delta State.
The bill not only mandates that the social media platforms set up physical offices in Nigeria, but also seeks to regulate bloggers operating in the country.
It proposes that bloggers must establish verifiable offices in any Nigerian capital city, maintain proper employee records, and join a recognised association based in Abuja.
During the Senate debate, Nwoko highlighted Nigeria’s significant digital presence, referencing a report from Global Web Index shared by Business Insider Africa.
With a population of over 200 million, Nigeria ranks second globally in social media engagement.
Nwoko argued that having local offices is long overdue, noting that the absence of such offices creates challenges, including limited local representation and difficulties for users and businesses to engage directly with these platforms.
The Senate President, Godswill Akpabio, acknowledged the potential benefits of having these social media platforms establish local offices, particularly in terms of improving regulatory oversight and ensuring compliance.
However, Akpabio urged caution regarding the regulation of bloggers, stressing the importance of protecting online expression.
“It’s beneficial to have an address, but bloggers are a bit different. The best approach is for the bill to go for a second reading, followed by a public hearing to provide more clarity,” Akpabio said.
He emphasised that the intent of the bill was not to suppress social media, but rather to improve taxation and record-keeping for digital platforms in Nigeria.
The Senate has also tasked the Committee on ICT and Cyber Security to conduct a thorough review of the bill and report its findings in two months.
E-Business
Google to Buy Cybersecurity Company Wiz for $32Bn

Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater cybersecurity capacity as artificial intelligence embeds itself in technology infrastructure.
The all-cash deal brings Wiz into the Google Cloud operation, boosting the capacity of consumers to use “multiple clouds” and providing “an end-to-end security platform for customers, of all types and sizes, in the AI era,” the companies said in a joint press release.
The deepening influence of AI makes “cybersecurity increasingly important in defending against emergent risks and protecting national security,” the companies said.
The transaction, the largest ever sought by Google or parent Alphabet, will test President Donald Trump’s openness to large takeovers after resistance to such deals by the administration of Joe Biden.
Alphabet had been close to a Wiz takeover last summer, but the deal fell apart due in part to regulatory concerns, according to the Wall Street Journal.
Started in 2020 by Assaf Rappaport, co-founder and CEO, and a team who sold a previous venture to Microsoft, Wiz will continue to work and provide services to platform led by other tech giants including Amazon Web Services and Microsoft Azure.
Wiz is based in New York, with offices in Tel Aviv and three other US cities.
In a webcast after the deal was announced, Rappaport said the service “continuously scans an organization’s code and cloud environments, monitoring them in real time” to “prioritize the most critical risk based on real impact and blocks active threats.”
E-Business
Darey.io, Xterns.ai to Expand Digital Skills, Experience Through Lagos Tech Hub

Dare Olufunmilayo, founder and CEO of Darey.io, has said that the reason for the establishment of a physical tech hub in Lagos is to expand on the digital talents they have started building especially pushing its artificial intelligent initiatives further.
Speaking at the launch of the hub, he described the moment as more than just the opening of a new office but the beginning of a transformative movement.
“Today is not just about celebrating a new office space; it is about launching a movement, a revolution in how we learn, build careers, and create opportunities in the tech ecosystem,” he stated.
The event’s theme, “Tech & Tea: Brewing Nigeria’s Technology Innovation Future,” reflects the belief that building a thriving digital economy requires the right mix of talent, innovation, and collaboration.
Olufunmilayo likened the process to brewing the perfect cup of tea, requiring the right mix of talent, innovation, and partnerships.
“Just like brewing the perfect tea, building a thriving digital economy requires the right ingredients: talent, innovation, and collaboration,” he noted.
He also acknowledged the critical role of various stakeholders, including the Nigerian government, tech leaders, and industry partners.
“None of this would be possible without the ecosystem we are a part of. The government’s 3MTT initiative is playing a crucial role in creating a future-ready workforce,” he said, recognizing the contributions of government efforts, partners, and the dedicated Darey.io team.
Reflecting on the journey that led to this milestone, Olufunmilayo highlighted the company’s mission to empower Africans with world-class digital skills and bridge the gap between talent and opportunity.
“A few years ago, we started with a bold vision: to empower Africans with world-class digital skills and bridge the gap between talent and opportunity.
“We believed that, with the right platform, the right training, and the right mindset, anyone—no matter their background—could go from learning to earning in the global digital economy.”
That vision, he emphasized, has now become a reality. “Thousands of Nigerians have started their careers through Darey.io, working for top global companies, launching startups, and creating ground-breaking solutions.”
With the launch of Xterns.ai, the initiative is taking an even greater leap forward. “Xterns.ai is our next big leap—where we don’t just train talents; we integrate them directly into the workforce through our Proof-of-Skills Hiring model,” Olufunmilayo explained.
Speaking at the launch, Francis Sani, Technical Adviser for Innovation, Entrepreneurship, and Capital to the Minister of Communications, Innovation, and Digital Economy, highlighted Nigeria’s demographic advantage.
He noted that Nigeria has the largest youth population in Africa, with a median age of 16 years, compared to 38 in the U.S. and 46 in Japan. This, he said, positions the country as a key player in the global tech competitiveness race.
However, Sani emphasized that access to quality training and employment pathways remains a significant challenge. “We have the talent, we have the ambition, but we must scale up digital skills to compete globally,” he stated.
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