E-Business
Nigeria to Tap into $19tr IoT Market through OBUNO Engine

By peter oluka
‘OBUNO IoT Engine’, a wholly made-in-Nigeria IoT board with sea of possibilities, has been unwrapped by an NGO – Innovation Habitat Initiative for Indigenous Technology, as a launchpad for the nation into the emerging technology economy.
The Board adopts a modular and scalable architecture that addresses challenges facing the IoT adoption, adaptation and deployment in Africa, especially in Nigeria; in diverse areas such as e-Government, eHealth, fleet management, telematics, banking & financial services, utilities & service providers, eAgric, eLearning, amongst others.
Dr Agu Collins Agu, mentor at Innovation Habitat Initiative for Indigenous Technology, who midwifed the OBUNO IoT Engine highlighted, in a document obtained by Nigeria CommunicationsWeek, said that there is the increasing need to fast track capacity development in emerging technologies such as IoT through hands-on training and workshops.
This, he said is to demystify the underlying technology and building blocks which translates to skills acquisition that will transition Africa into an outsourcing destination and manufacturing economy.
Agu, who doubles as director of Corporate Planning & Strategy Department of the National Information Technology Development Agency (NITDA), said, as the world enters into the 4th Industrial age, the Internet of Things (IoT) is identified to be a key enabler with an estimation of more than 24 billion IoT devices on Earth by 2020 translating into approximately four devices per person; “As we approach that point, $6 billion is predicted to flow into IoT solutions, including application development, device hardware, system integration, data storage, security, and connectivity and these investments will generate at least $13 trillion by 2025”.
“The fact remains that the market share of IoT by 2020 will be 19 trillion USD with over 50 billion devices connected. Now the question is: Do we engage the usual Adoption Model or get innovative and engage the Adaptation Model.
“I would recommend the later; underscoring the need for scarce skills development & acquisition to enable us achieve Technology Adaptation and Customization (TAC), which will be a big shift from the traditional Technology Adoption that has kept us as consumers with no digital sovereignty”.
He also argues that the introduction of local content policy was a bold step by Nigeria to leapfrog technological developments.
“Nigeria has woken up to these challenges by the introduction of the Local Content Policy in ICT and The Executive Order, mandating the patronage of indigenous products and services with NITDA as the Watchdog. I must say that the countdown has commenced for massive explosion in hardware development such as the OBUNO IoT Engine to drive the penetration and application of IoT. Enforcement of the laws will be a major catalyst in materializing start-ups to drive the knowledge economy”, Agu said.
He further described OBUNO® IoT Engine as the perfect platform that brings both professionals and students (industry and academia) to explore the possibility of talking to the cloud, creating great opportunities to assimilate smart technologies, design the next big thing and solve unique problems.
“It is maker friendly and fully compatible with Arduino IDE and peripheral modules. OBUNO® IoT Engine, an end-to-end platform helps IoT developers avoid tunnel vision and its consequences by providing a comprehensive set of hardware and software components that easily combine into complete IoT applications, providing developers with a head start on their custom designs”.
E-Business
NIMC Denies Blocking Police Commission from Verification Server

National Identity Management Commission (NIMC) has clarified that all its verification service platforms remain fully functional and accessible to all authorized partners, including security agencies.

Abisoye Coker-Odusote, DG, NIMC
In a statement on Thursday, the Commission firmly denied claims that it had denied the Police Service Commission (PSC) access to its verification server.
Dr. Kayode Adegoke, head of Corporate Communications, NIMC, described the reported “inability of the Police Service Commission to access the NIMC verification server” as misleading and inaccurate.
He suggested that any challenges faced by the PSC may be due to internal issues within the commission itself, not from NIMC’s end.
The statement reads: “To set the record straight, the NIMC granted verification access to all Nigerian Police formations for the verification of the National Identification Number (NIN). The NPF, PSC and other security agencies have been enjoying uninterrupted verification services for over five years.
“NIMC has provided top-notch verification services for recruitment into the Nigeria Police Force, as conducted by the PSC and at no time have there been any complaints or issues regarding NIN Verification by the NPF or PSC.
“The Commission has a robust and harmonious working relationship with the Nigerian Police Force and the Police Service Commission. The Information Communications and Technology (ICT) department of the Nigeria Police Force is actively managing the long-standing verification and integration service between the NIMC and all Nigeria Police formations.Entertainment tourism packages
“NIMC will continue to provide flawless verification services for the purpose of recruitment, security mapping, cybercrime control, and any other security matters.
“The framework by which NIMC provides services to the security agencies was recently restructured for standardization and effective implementation, following consultation with the Office of the National Security Adviser, and NPF has confirmed the verification services have continued to be available. We therefore believe that any service interruption experienced by PSC may be due to internal matters.
“NIMC is committed to providing excellent verification services to the PSC, NPF and all its partners but the terms and conditions inherent must be adhered to for uninterrupted flow of service.”
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.
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