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E-Business

Resourcery Partners Cisoco on Video Tool Seminar

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Kehinde Ige Ojo-Apara, president, AMCODET
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Resourcery Plc., a leading system integrator in Nigeria in partnership with Cisco Systems International is organising a one day business seminar tagged “Video as tool for corporate communication and productivity”.

The event is aimed at showcasing development in both one-way and two-way video solution and how well this can be employed within the corporate arena for improved business benefits.

The event is targeted at key decision makers in marketing, corporate communication and human resource departments of medium to large organizations in Nigeria. This was disclosed at a media parley which took place at the corporate head office of Resourcery recently.

Speaking from Abuja via video, Mr. Olugbenga Adanlawo, business solution manager (Voice and Video Solution) for Resourcery noted that the global use of video to aid productivity and communication has been on the ascendancy within the corporate environment for some time now and the Nigeria business environment is beginning to enter that developmental phase as well.

This he said necessitated the need to bring together the people who may be the biggest users of the video solution in large to medium scale organizations.

Adanlawo said; “This business session provides an important opportunity for our invited guest to see the practical demonstration of howVideo solution can be deployed as an effective Corporate Communications and Human Resource management tool. It would also provide a real life in-sight into how video can be a cost saving innovation as well as an efficient in-person experience for face-to-face meetings.”

He however noted that; “the real benefit is staff productivity improvement.” This he illustrated by saying; “for instance, instead of an employee spending an entire work day travelling to and from Abuja/Port Harcourt for a two-hour meeting, the employee can have a productive ‘face to face’ meetings with the person in Abuja or Port-Harcourt within the confines of her office in Lagos. Which means valuable travel time (which actually translates to work time) is saved and employee productivity level increases. This is only achievable if video solution is deployed by the employee’s organization.”

Also speaking on the importance of the event to invited guest, Mrs. Angela Chike-Dike, senior manager (Business Development) noted that Hiring processes can be very lengthy and costly, especially when candidates are located in other cities or when multiple people are involved in the interview process.

But organizations with video conferencing systems in their offices can reduce expenses and time by bringing candidates into the nearest facility and allowing interviews to be conducted both in person and over video.

Such interview session she noted can also be recorded thereby enabling persons unable to bge part of the live interview process to see and evaluate candidates over video.
She noted that; “Video conferencing can be used to achieve significant benefits beyond increased productivity and reduced costs. Other important benefits are the reduced downtime and increased quality of life for travelling personnel as well as reduced hiring cycles for key employees.”

Chike-Dike then summed it by saying; “Even local manufacturing organizations can use video conferencing and content sharing to verify product quality, make revisions, and ensure accuracy throughout the supply chain. All these can be achieved while the competition is left behind to rely on next-day delivery of services.”

Founded in 1985, Resourcery provides end-to-end business solutions to its customers across the West African market. The company offers business solutions that cut across Enterprise Network Infrastructure, Business Voice & Video Solutions, Data Security and Business Intelligence Solutions amongst others.


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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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E-Business

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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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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