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E-Business

Nigeria Modernizing IP Law in Line with Current Realities – Malami

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Abubakar Malami, attorney general of the federation and minister of Justice, has said that the Federal Government is working to ensure that the country’s Intellectual Property (IP) law and administration are in line with current realities.

Nigeria Modernizing IP Law in Line with Current Realities – Malami

Malami said this on Monday when Ms Lorreta Asiedu, senior counsellor, World Intellectual Property Organisation (WIPO), led a delegation to pay him a courtesy visit in his office in Abuja.

The minister was represented by Mrs Beatrice Jedy-Agba, permanent secretary and solicitor-general, ministry of Justice.

“I assure you that we are committed to modernizing the entire IP system in Nigeria. This will include the Trade Mark Act, the Patent and Design Act.

“There are also legislative work that we will be looking at to ensure that it is in line with the new copyright law.

“We hope that this will also serve as catalyst for needed reforms in all aspect of IP law and administration and then bring them in line with current reality in this digital age,’’ Malami said.

Earlier, Asiedu said the visit was to seek the minister’s support on WIPO’s efforts in developing National Intellectual Property Policy and Strategy for the country.

She said that WIPO had been working with the Nigerian Copyright Commission, consultants and relevant stakeholders in developing the National IP Policy and Strategy for Nigeria.

“This request is a long standing one and we are happy that finally we are able to bring it to this level.

“This is where we can invite stakeholders to look at the document, appreciate it, add their input before it is finalised and validated for consideration by policymakers.

“We are here to seek your support by adopting the National IP policy and strategy,’’ the WIPO official said.

According to her, with this development, Nigeria will be joining other African countries that have adopted IP policy and strategy.

“What does this stand for the country is that it creates a framework within which WIPO and its partners can support the exploitation of the IP to make impact in the lives of IP users.

“Under our medium strategic plan, the five-year vision aimed at supporting IP so that it makes an impact in the lives of ordinary citizens.

“We want to harness the IP potential of youths in the country through the framework of the National IP policy and strategy.

“We are looking at supporting the youth entrepreneurs to understand and appreciate IP system; we want to engage in mentorship and coaching programmes,’’ Asiedu said.

According to her, WIPO also wants to use IP to support the country’s Development Goals.

“Within a framework of the National IP policy and strategy, we are able to identify the comparative advantage that the country has.

“So, the area in which a country has a comparative advantage that is what we dwell to ensure that we undertake projects that make impact in the lives of IP users community.’’

Asiedu added that WIPO intended to extend its reach not only within the legislative framework of the country, but also to knowledge production institutions like universities and research institutions.

“We also want to bring together industry and academia so that we bridge the gap from the time that idea takes off, to when it  heads into market place,’’ she said.

Similarly, the delegation was received separately by the Ministers of Science and Technology, Dr Adeleke Mamora, Foreign Affairs, Geoffrey Onyeama and Trade and Investment, Otunba Adebayo Adeniyi.

They pledged to support the adoption and implementation of the National IP policy and strategy, saying that the policy was imperative to the development of all sectors of Nigeria’s economy.

 

 


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E-Business

Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

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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.

Nigeria Strengthens Cybersecurity, Launches National Cleanup Plan

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.


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AXIAN Telecom Invests in Jumia Post-MTN Era

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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.

 


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NIMC Plans to Register 95 Percent Nigerians by December

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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.

NIMC Plans to Register 95 Percent Nigerians by December

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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