E-Business
Minister of Science and Tech Calls for Implementation of EO5

Dr Ogbonnaya Onu, minister of Science and Technology, has harped on the need to implement the Presidential Executive Order 5 (EO5).
Onu made the call on Monday in Lagos, during the Stakeholders’ Roundtable on the use of Nigerian software in the financial and banking sub-sector of the economy.
The roundtable was jointly organised by the Nigerian Information Technology Development Agency (NITDA), National Office for Technology Acquisition and Promotion (NOTAP) and the Computer Warehouse Group (CWG).
He said that there was the need to implement the EO5, so as to improve local content in software applications in the country.
The Minister, represented by Prof. Gloria Elemo, director-general of the Federal Institute of Industrial Research Oshodi (FIIRO), spoke on the theme: “Adoption and Development of Local Content Technology as Growth Driver for the Nigerian Economy”.
Onu said that the Federal Government was emphasising on local participation in the execution of government contracts, thereby improving local content in national socio-economic development.
According to him, the Presidential Executive Orders series started in May 2017 with Numbers E01, E02; E03 and subsequently EO4, EO5 etc.
“The Executive Orders are with the resolve to reform the administrative and regulatory environment for both private and public sector players.
“Specifically, Executive Order No. 5 was signed by Mr President on February 2, 2018, with focus on the development of local content in Science, Engineering and Technology (SET).
“Mr President directed all MDAs of government to engage indigenous professionals in the planning, design and execution of national security projects.
“This is with the intention to maximising the in-country capacity and capability in all contracts and transactions with SET components, utilising Nigeria human and material resources in the planning and execution of Nigerian projects.
“The Order directed that all procurement entities of the FGN shall give preference to Nigerian companies in the award of contracts for major projects in SET and where local expertise is not available, Nigerian company shall enter into consortium with relevant foreign firms,” he said.
Onu said that specifically, NOTAP played an important role in the implementation of the order.
The minister said that NOTAP had been managing the consortium of firms that must be registered, in compliance with NOTAP Act 2004.
He said that NOTAP had been developing, maintaining and regularly updating the database of Nigerians with expertise in SET and other fields.
According to him, the agency consults with the relevant professional associations/bodies in SET and other fields, including Nigerians in Diaspora organisations.
“Currently, NOTAP is compiling the database of Nigerian experts in SET and other fields through access to a register of government-approved professional bodies and associations in the country and in the diaspora.
“I implore you all to register with NOTAP through your respective professional bodies so as to be recognised as professionals in your chosen fields, eligible and accredited to participate in the nation building.
“Remember that we have no other country to be called our own than Nigeria and it is the resultant of our collective efforts that can make our country great and an investment destination by the international investors.
“I will give my support to achieve the lofty objectives of the Executive Order Number 5 of Mr President in this endeavour.
“I am confident that it would be beneficial to our country, generate wealth, stimulate inclusive growths in the domestic economy and reduce unemployment level,” he said.
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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