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E-Business

Oracle, LASG Talent Hunt Programme Graduates 50 Students

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Oracle Corporation said that its information technology (IT) human capacity building programme in collaboration with the Lagos State Government (LASG) has graduated 50 students, six months after it was launched.

Mr. Adebayo Sanni, country managing director for Oracle Nigeria, disclosed this at the Oracle Day 2014 in Lagos, stating that the threefold talent building programme was aimed at promoting the State’s objective to deliver services to the citizens more efficiently.

Sanni said that through the programme, Oracle will ensure Lagos State Government Employees are ready for IT usage; Youths readiness and Workforce Development.

According to him, already, Access Bank has engaged ten (10) of the graduates, while Oracle partners are engaging some of them too. 

The Oracle boss said that Oracle Academy is working with Oracle Academy members Lagos State Polytechnic, Lagos State University and the University of Lagos to support the inclusion of industry-relevant content in their Computer Science programmes and to deliver Oracle database training for university lecturers.

Giving more results on Oracle’s developmental programmes in Nigeria, Sanni said that apart from Lagos, Oracle opened a new office in Abuja and hopes to replicate the feat in other areas.

He stated that Oracle has engaged over 110 Nigerians as employees; 11 interns, 94 partners and have trained over 300 others under its partner-training initiative.

He said, “Oracle instructors in Nigeria are now six (6). We have four (4) basic programmes on developing talents and building capacity of the people. Such programmes are in supporting existing talents; growth specialized talents; nurture future talents and develop new talents.

“We know that the youths are the future of IT in this environment. Earlier in the year we went into partnership with the Lagos State Government. Already, the partnership has led to the graduating of 50 people. Some of them have been absorbed by the State Government and our partners, while institutions like Access Bank acquired ten (10) of them. 

“Computer Science is going to be a key part of the future. So, we are working with Universities like Lagos State University in talents enrichment and equipping existing talents among government employees with Oracle skills to support strategic IT projects as well as leveraging on the expertise of Oracle’s Public Sector Centre of Excellence to run workshops for top Information officers of Ministries, Department and Agencies on best practices, market trends and business solutions on topics such as improving service delivery to the citizens using social media.

“In furtherance of the scheme, it will help in training graduates under the workforce development programme on Oracle Database or Oracle e-Business suite for the acquisition of industry-relevant skills and opportunities for internships within some of the state’s ministries; introducing industry-relevant computer science and Oracle courseware into the curricula of universities and public high schools as well as making the Lagos e-Learning Centre an Oracle University authorized training partner,” he said.

Sanni reiterated that the programmes will assist in tackling the challenges of human capacity and effectively boost economic development in a fast growing economy like Nigeria. Sanni said that Oracle’s goal is getting the youths interested in Computer Science, driving change in ICT syllabi and thereby helping the governments at all levels to future-proof their economies for growth and job creation.

Through ‘Oracle Giving’, he said that the Company has impacted rural dwellers, especially in developing women IT entrepreneurship centres.

Oracle Day is observed yearly for partners and others to share expert advice, discuss problems and opportunities with peers, and see how Oracle can help them take control of clients’ Enterprise IT future.

This year’s Oracle Day in Nigeria was used to push the agenda that digital disruption is transforming the modern business environment, with technologies like cloud and Big Data presenting a fresh set of challenges—but also providing new opportunities, as stated by Janusz Naklicki, vice president, AFTA at Oracle Coorporation.

Part of the day’s discussion was on a Big Data & Business Analytics Track.

According to Naklicki, as organizations embark on digital transformation, cloud, social, mobile and big data are changing how business gets done.

Discovering and predicting insights about people, places and things allows companies to compete in new and innovative ways, he said while listing and explain innovative products and services offered by Oracle to IT companies to be the true business partner for the transformation.

The essence , he added was to enable them create an Information Management and Analytic capability for Big Data which allows the business to take advantage of all available data, blending traditional technology with new innovations, to make every decision in every part of the organization the best it can be at the moment that matters. 

 
 


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

E-Business

NDPC, Mastercard Partner to Strengthen Data Protection

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Dr. Vincent Olatunji, commissioner, NDPC and Derek Ho,deputy chief privacy officer, Mastercard
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Nigeria Data Protection Commission (NDPC) has signed a Memorandum of Understanding with Mastercard to enhance data protection in Nigeria.

Dr. Vincent Olatunji, commissioner, NDPC and Derek Ho,deputy chief privacy officer, Mastercard

The agreement was sealed during a workshop where 150 Data Protection Officers (DPOs) were trained on Data Protection Impact Assessments (DPIAs).

Dr. Vincent Olatunji, commissioner, NDPC, said the event kicks off activities for the 8th NADPA conference, highlighting government efforts to train more certified DPOs.

Olatunji also disclosed the Federal Government’s commitment to increasing the number of certified DPOs with the required skills to manage data protection.

He noted that Nigeria’s digital-savvy youth are key to driving this agenda.

“Human capital is really key to us, and the ecosystem we are regulating is very special. It is still new, still emerging, and we need all we can to build the capacity of officers.

“We want to build the capacity of our people so we can be able to deliver on our mandate and fully deepen privacy in Nigeria.

“We are targeting to build the capacity of 250,000 DPOs annually, and we are working with partners like Mastercard to achieve that,” he said.

Derek Ho,deputy chief privacy officer, Mastercard,  also stressed the need for collaboration to build trust in the digital economy and urged participants to embrace training as data protection keeps evolving.

 

 


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CSCS Launches *7270#, USSD Code Service

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Central Securities Clearing System PLC (CSCS) has announced the launch of *7270#, its Unstructured Supplementary Service Data (USSD) code service, set to go live on May 8th, 2025.

CSCS Launches *7270#, USSD Code Service

The USSD code service is an innovative solution designed to enhance the ease and accessibility of investment services for all users.

Also, this service leverages the network capabilities of MTN Nigeria to bring unparalleled convenience to investors.

Driven by a relentless commitment to innovation, CSCS aims to revolutionize information access within the Nigerian capital market through this USSD code service.

As the Central Securities Depository (CSD), CSCS focuses on enhancing investor experiences and providing deeper market insights with unparalleled convenience.

The CSCS USSD code service offers seamless access to essential market information directly from mobile phones, eliminating the need for internet connectivity or specialized trading platforms.

Investors can now effortlessly retrieve Clearing House Number (CHN), check Direct Cash Settlement (DCS) status, view stock positions, account balances, and account status confirmations.

Haruna Jalo-Waziri, managing director/chief executive officer of CSCS, said ” We are excited to launch the *7270# USSD code service, a significant step in leveraging mobile technology to democratize access to account and portfolio information.

“This service empowers every investor, regardless of their location or resources, to stay informed about their investments. At CSCS, we believe that financial inclusivity is key to driving economic growth.

“Our partnership with MTN Nigeria on this project represents a significant leap toward a more inclusive financial landscape, leveraging the spread of the MTN network.

“This collaboration enhances the investing experience, reinforcing our shared commitment to empowering individuals with the tools they need to manage their financial futures effectively.” he added.

The CSCS USSD code service will initially be available to MTN users only. However, CSCS plans to expand this service to other networks soon.

This innovative service offers investors streamlined and secure access to critical market information at their fingertips.

Aisha Umar Mumuni, chief digital officer of MTN Nigeria, said, “This collaboration with CSCS on the *7270# USSD service underscores MTN’s commitment to harnessing the power of mobile technology to simplify complex processes for our users.

“By making critical investment information available at the touch of a button, we are helping to democratize access to the capital markets and, in the process, enhance investor engagement and market transparency,” she said.

CSCS continues to lead the way in technological advancements, reinforcing its position as a pivotal player in the Nigerian capital market ecosystem.

This initiative underscores our dedication to enhancing market efficiency and empowering investors with the tools they need for informed decision-making.

 


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E-Business

Expert Urges FG to Leverage Digital Assets to Drive Diversification Goal

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The need to maximise local digital assets, amid dwindling Oil revenues and a struggling economy, has been reiterated by the Chief Executive Officer of Quomodo Systems Africa, Oluwole Asalu, who maintained this measure remains the path to prosperity.

Asalu, while addressing the press in Lagos, recently asserted that global shift towards digital economies, presents a pivotal opportunity for Nigeria at this time to mobilise sufficient resources towards effective governance.

He emphasised harnessing the burgeoning local digital economy to expedite national diversification goals, while break away from overdependence on oil output.

Asalu, boasted further that Nigeria’s tech-savvy, youthful population and increasing recognition from global tech giants already position its digital sector as a driver of inclusive growth and job creation.

“Nigeria’s overreliance on oil is no longer tenable. As global markets shift towards renewable energy, the urgency to diversify has never been greater. Technology stands out as the most promising avenue, not merely as a sector, but as an enabler of growth across all facets of the economy,” he explained.

According to him, Nigeria’s tech talent remains the new oil, a renewable resource with the potential for significant returns, if strategically harnessed.

Like India’s successes in information technology services, Asalu want Nigeria to tap into lucrative outsourcing industry to draw foreign investment.

“Foreign investment in Nigeria’s tech sector is rising. Programmes like Digital Explorers have led European firms such as Telesoft to establish operations in Nigeria. Tech giants like Microsoft and Facebook have followed suit, injecting capital and creating jobs,” he stated.

He again pointed to the emergence of three unicorns within Nigeria’s tech ecosystem as a breakthrough and sign of maturity.

“Nigeria’s tech ecosystem is already showing signs of maturity, with three unicorns emerging from its soil. These success stories, powered by local innovation, underscore the viability of a home-grown, world-class tech sector,” he affirmed.

He however emphasized urgent need to close existing gap in skills and infrastructure, in addition to embracing governance and collaboration to fully harness digital potential cum future.

 


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