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NASENI, WEMA Bank, FREEE Recycle, Others Receive Awards @The Nigeria Innovation Summit 9.0

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Nigeria Innovation Summit 9.0 which was held on October 2nd, 2024 with the theme: “Building a Culture of Innovation”, was successfully concluded with the participation of delegates and stakeholders across the globe, who took part in the hybrid event.

The Summit in its 9th year is an annual event that brings together stakeholders from different sectors of Nigeria’s economy, governments, investors, policymakers, and players in the tech and innovation ecosystem to discuss ground-breaking ideas, trends, and opportunities to innovate solutions that solve unique challenges within Nigeria, and the African continent at large.

This year’s NIS explored topics such as A Paradoxical Approach to Collaborative Innovation; Unique Opportunities for the Next Generation of Women in Tech; Empowering Nigerian Youths through the Digital Economy; Youth-Led Innovations for a Sustainable Future; Connecting Africa with the World Through ISPIM, among others.

The highlights of the Summit were the Nigeria Innovations Experience Talks (NiX Talks) which was powered by TotalEnergies.

The NiX Talks focused on “Cultivating Sustainable Innovation Through Eco-Friendly Solutions”.

Other Summit features were fireside chats, panel discussions/interactive sessions, Quick Pitch (Pitch-a-Thon), innovation showcases and exhibitions, and expert insights on emerging technologies and their applications in solving local problems.

Some of the speakers and panellists include Dr Aminu Maida, EVC/CEO, Nigerian Communications Commission (NCC); Ifedolapo Runsewe, Managing Director, FREEE Recycle; Bruno Woeran, TechTransfer & Innovation, Austria; Wofai Ibie, Community Manager, HEI Innovation, CcHUB; Stella Bida, Executive Leadership Consultant, TEDx Speaker; Dozie Igweilo, Founder, Quadloop; Dr. Folakemi Fadahunsi, CEO, Retail Supermarkets Nigeria (Shoprite); and others.

The crowning of the Nigerian Innovation Summit (NIS) 9.0 was the 2024 Nigeria Innovation Awards.

The Nigeria Innovation Awards recognises and awards key innovators at the forefront of the Nigerian Innovation landscape, as well as disruptors bringing positive and empirical impacts as well as progressive solutions to unique challenges.

The submissions from the 2024 NIS Awards prove that there is a need to build innovative business solutions and develop an ecosystem in Nigeria across all sectors to drive innovation by promoting local content development, and locally-relevant technological solutions to impact significantly on the socio-economic development of Nigeria so that local innovation can solve local issues.

Of the hundreds nominated for the Nigerian Innovation Awards 2024, only six organisations emerged as worthy recipients of this year’s awards, given their impressive track record of innovatively tackling problems and measurable impacts in keeping the Nigerian innovation landscape sustainable and have embraced innovation to move Nigeria forward through their works.

The 2024 Nigeria Innovation Awards awardees include NASENI for Enabling Innovative Industrialization in Nigeria; MobiHealth for Providing Innovative Telehealth Solutions; FREEE Recycle for Recycling Waste into Reusable Eco-Friendly Materials; ThriveAgric for Empowering Farmers Through Agritech Solutions; Paradigm Initiatives for Connecting African Youths With Digital Opportunities, and WEMA Bank ALAT for Pioneering Fully Digital Bank In Nigeria.

The Nigeria Innovation Summit 9.0 had in participation delegates from government agencies, diplomats, academic communities and research institutes, international organisations, investors, entrepreneurs, business/thought leaders, innovators, startups, and students.

The 2024 NIS concluded with an Innovation Tour to Cisco EDGE Lab, where some delegates deepen the conversation and relationship with those bringing true innovation and disruption into the Nigerian innovation ecosystem.

This year’s Summit received huge support from Nigerian Communications Commission (NCC); the International Society for Professional Innovation Management (ISPIM); CcHUB; Emergency Response Africa; Lagos State Employment Trust Funds (LSETF); Virtual Domain; and Cybertron as partners, and was proudly sponsored by TotalEnergies, WEMA Bank, and the African Innovation Academy.

The Summit also has the following as its official media partners Legit.ng; Brand Times; Techeconomy.ng; ITpulse; RaveNewsOnline; TechCity; Coinratecap; Technext; Innovation Village; Nigeria Communications Week; Techtrends Africa; Silicon Africa; BrandMyDP; Coinpedia; CoinGabbar; Naijapreneur.com, and more.

The Nigeria Innovation Summit was organized by InnovationHub Africa.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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ATCON Demands Starlink Review after Unapproved Tariff Hike

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Association of Telecommunications Companies of Nigeria (ATCON) is reportedly demanding a full review of Starlink’s operations in the country after the LEO satellite operator jacked up its prices without regulatory approval.

ATCON Demands Starlink Review after Unapproved Tariff Hike

Last week, according to media reports, Starlink sent a message to its customers in Nigeria saying it will almost double its monthly subscription fee from N38,000 ($23.40) to N75,000, citing excessive inflation.

The message also said Starlink will raise the cost of its terminal kit from N440,000 to N590,000.

Meanwhile, the cost of its regional roaming plan (which allows customers to use terminal kits anywhere in Nigeria rather than a fixed location) will increase from NGN49,000 to NGN167,000.

Reuben Muoka, director of public affairs for the Nigerian Communications Commission (NCC), said that while Starlink did file a request with the NCC to raise its tariffs, the commission has not yet given official approval.

The NCC also issued a statement saying it would sanction Starlink over the matter, although it retracted the statement later the same day, saying it was “issued in error”.

That said, Starlink could still face disciplinary action, as the Nigerian Communications Act (NCA) 2003 specifically requires telecoms operators to obtain prior approval from the NCC before adjusting any tariffs.

While Starlink said existing customers would not have to pay the adjusted tariffs until October 31 – theoretically giving the NCC time to grant approval – new customers signed on before then would be charged according to the new pricing scheme.

Tony Emoekpere, president, ATCON issued a statement urging the NCC to take action, complaining that Starlink’s unauthorised price hike is unfair to local operators who must follow the same regulations.

Emoekpere also said Starlink’s pricing model creates an uneven playing field because it’s tied to international benchmarks.

“Competing with foreign entities that benchmark against the dollar creates a serious challenge [for Nigerian operators],” he said.

Emoekpere called on the government to review Starlink’s licencing conditions and require them to localize their operations.

“Otherwise, we risk creating an unfair advantage that could harm local players.”

Ironically, Starlink’s planned price increase brings it more in line with equivalent fixed-broadband services in Nigeria.

According to an analysis by Space in Africa, the median monthly subscription fee for six fixed-broadband providers that offer a 1,000GB data package similar to Starlink’s is a little over N74,000

 

 

 


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NCC Completes NIN-SIM Linkage for All Phone Numbers

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Nigerian Communications Commission (NCC) has said it has successfully completed the federal government’s policy linking all phone numbers to a National Identification Number (NIN).

NCC Completes NIN-SIM Linkage for All Phone Numbers

Aminu Maida, executive vice-chairman, NCC, stated this at the 2024 Annual Corporate Governance Conference held in Lagos on Thursday.

Maida, while acknowledging the challenges faced by Nigerians during the process, emphasised the significance of the concluded NIN-SIM linkage initiative, stating that the federal government’s policy will help curb crime and insecurity in the country.

According to him, “We have recently concluded the implementation of the federal government’s 2020 policy of linking every phone number to a NIN.

“Though it was a bit painful for Nigerians, I think we also need to appreciate what this does for us.

“Today, there is no phone number that we cannot associate with a verified NIN. Not just a number, but a number that has been verified.”

Few months ago, NCC announced September 14, 2024 as the final deadline for Nigerians for the ongoing SIM-NIN linkage exercise.

According to the telecom regulator, as at August 2024, over 153 million SIMs were successfully linked to NIN, reflecting an impressive compliance rate of 96%, a substantial increase from 69.7% in January 2024.

This, however, showed there were still millions of lines yet to be linked with NIN. As of March 2024, data from the NCC shows that there were 219 million active lines across the mobile networks of MTN, Globacom, Airtel, and 9mobile.

Announcing the final deadline in a statement signed by Reuben Muoka, director of Public Affairs, NCC said the target is to achieve 100% compliance by the said date. This means that all lines not linked by September 14 would be blocked by the network operators.

Beyond linking, all the NINs submitted, by the subscribers must have been verified, which is where many telecom consumers had issues.

According to the telecom operators, irregularities in registered data have been a major issue preventing the verification of NINs of millions of customers.

 

 


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MTN Partners with TECNO to Redefine the Future with Cutting-Edge Technologies

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MTN Nigeria has partnered with TECNO in showcasing their latest AI-driven innovations – a lineup of smart devices at the launch themed “TECNO AI & Ecosystem”, providing fast, reliable and secure network connectivity to drive excellent user experience.

Held at the Balmoral Convention Center, Victoria Island, Lagos, the event had in attendance representatives from MTN Nigeria, Nigerian celebrities and influencers like KieKie, Veekee James, and other distinguished guests who witnessed the unveiling of the latest additions to TECNO’s series of AI-powered smartphones.

Also in attendance were notable Nigerian tech influencers like Olatunde Shobajo, popularly known as Valor Reviews and Izzi Boye who enlightened guests on the AI features of TECNO’s smartphones such as the Phantom V Fold2, V Flip2, Camon 30S Pro, Spark 30 Pro and smart devices like the TECNO Robot Dog.

The game-changing AI features on these smartphones range from real-time call translation to AI writing text generator, AI writing proofread, multilingual text generator and translator, report generator, real-time information search, meeting summary assistant among others.

Commenting on the partnership, Debo Agun, Senior Manager, Mass Market Segment, MTN Nigeria said “We are constantly trying to push the boundaries of innovation to create unmatched digital experiences for our customers.

“By combining our reliable, high-speed connectivity with TECNO’s innovative AI technologies through this partnership, we are one step closer to that vision.

“What this means for Nigerians is the opportunity to explore new possibilities in a truly connected digital world.”

In his opening remarks, Brand Manager, TECNO, Jack Chung spoke on the company’s global partnership ecosystem, highlighting TECNO’s collaboration with over 100 organizations around the world, including Google and MTN Nigeria.

“We consider our global partnerships to be important and maintain a solid relationship with various companies around the world. We’re glad to have our partners at MTN and Google present here today”.

Over the years, MTN Nigeria and TECNO have partnered to provide top-tier products and connectivity services to its Nigerian customers. Notably, in 2023, both companies collaborated for the launch of TECNO’s first 5G-enabled device, the Phantom X2 where customers were offered free data upon purchase and data bonuses to last for months.

With a fast network connectivity being the backbone of AI-driven technologies and MTN Nigeria as the pacesetter in the introduction of 5G in Nigeria, the collaboration between TECNO and MTN guarantees customers an enhanced digital experience as they enjoy the world-class technological innovations built-in TECNO’s AI-powered devices.


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