E-Business
Running an Informal Retail Shop in the Digital Age

Operating in every nook and cranny, informal retailers are life savers in Nigeria. They are often the go-to people for everyday essentials for the majority of Nigerians.
As a Nigerian, either rich, average or poor, you must have patronised them at one point or the other for a last minute purchase to meet a pressing essential need.
While these enterprises fill this crucial gap, they put in a lot for every kobo of their profit. The process of restocking their shops is not as easy as the quick dash customers make for purchases.
For many of them, a trip to the market takes a whole day. The fares also eat deep into their profit. However, being an informal retailer is becoming easier with e-commerce.
With communication technology putting smartphones at the fingertips of millions of Nigerians, an informal retailer can do much more to make life and business easier and smoother.
For instance, there are business-to-business e-commerce platforms linking retailers in the informal market to manufacturers. Alerzo, Omnibiz, TradeDepot to mention a few, are providing reliable links. With app download on their mobile phone, retailers can place orders.
“We are empowering retailers in the informal sector through our ecosystem of digital products, so they are equipped to run profitable and sustainable businesses. We believe that technology has the potential to transform the way informal retailers conduct their businesses, by using it to facilitate – with just a click of a button – fast & easy access to a wide assortment of consumer products at zero delivery cost to the retailers,” said Adewale Opaleye, Alerzo Limited CEO.
Market prices are hardly stable, hence retailers are forced to buy less than they planned on a market day. Joining e-commerce and restocking directly from manufacturers will save them such constant market inflation. These savings, in turn, provide the needed boosts for their businesses and widen their profit margins.
Some b2b platforms go as far as offering additional free delivery service to their customers. Another added advantage is that business-to-business shopping platforms are run by professionals with apt business knowledge which they can impart on informal retailers to help grow their businesses.
Adopting a digital shopping network also frees up more customers/family time for these sellers, majority of whom are women who run hole keeping duties along with business.
Running informal retail in the digital age is becoming easier, retailers only need to open their minds to more possibilities. A lot is there to benefit from digital commerce, and everything is just a click away on a smartphone.
E-Business
INEC Sets Up AI Division to Strengthen Electoral System

Independent National Electoral Commission (INEC) has announced the establishment of an Artificial Intelligence (AI) Division within its ICT Department.
This marks a significant stride toward enhancing electoral integrity, efficiency, and innovation in Nigeria’s democratic process.
This decision was reached at the Commission’s regular weekly meeting held in Abuja, following a series of consultations and engagements on the global and continental impact of AI on elections.
In a statement issued by Sam Olumekun, national commissioner and chairman of the Information and Voter Education Committee, INEC underscored that the growing relevance of AI in electoral matters necessitated a proactive institutional framework to manage both the risks and opportunities it presents.
“Our interactions with electoral bodies across Africa highlighted both the risks of AI—such as fake news and content manipulation—and the vast potential it holds for data-driven decision-making, risk mitigation, automated voter services, and geo-spatial intelligence for logistics,” Olumekun noted.
According to him, the newly created division will centralise the Commission’s AI efforts, ensuring a harmonized approach to deploying intelligent systems that enhance decision-making, improve voter engagement, and boost the credibility of the electoral process.
“The creation of this division puts the Commission at the forefront of institutionalizing AI capabilities in electoral management.
It is also part of our ongoing reforms in areas where administrative action is sufficient to drive change,” he said.
He added that the AI Division will help INEC better coordinate its existing technological investments while providing safeguards against the misuse of AI technologies.
“We are positioning ourselves to maximise the positive impact of AI while mitigating its negative implications. This step strengthens the credibility and transparency of elections in Nigeria,” Olumekun concluded.
The initiative, INEC emphasised, reflects its commitment to embracing innovation in safeguarding democracy and improving electoral services nationwide.
E-Business
CAC, NIBSS Unveil Platform for Data Access to Private Firms

Corporate Affairs Commission (CAC) in partnership with the Nigeria Inter-Bank Settlement System (NIBSS) has unveiled a new Application Programming Interface (API) integration system to allow private firms access company data from the Commission’s database.
Hussaini Ishaq Magaji (SAN), registrar general of CAC, who spoke in Abuja at the unveiling said the system would give selected private organizations access to CAC services through technology-based companies, called “super agents.”
“This is a practical step to show that the Commission is committed to meeting the expectations of our customers,” he said.
Magaji explained that the integration allows the agents to retrieve data from the CAC database for use in specific client requests, outside the standard services provided by the Commission.
“Before now, only a few government agencies had this integration, especially those involved in investigations, anti-money laundering, and terrorism financing. Now, private companies that meet the criteria can also access it,” he said.
He said the system complies with the Nigerian Data Protection Act 2023, and information such as residential addresses, phone numbers, and dates of birth may be restricted.
“This is a call to law firms and companies with the right technology. We’ve started with NIPS because of their credibility. Embassies and banks can now authenticate company records directly through them.”
“There are prescribed fees. We already collect them on our portal, and now customers can also pay through these agents,” he explained.
He named NIPS, MoneyPoint, and OPE as some of the companies involved.
“OPE and MoneyPoint handle only registrations. But NIPS has moved further into validation and verification,” he said.
Ngover Ihyembe-Nwankwo, executive director at NIBSS, who represented Premier Oiwoh, managing director, said the service allows secure and efficient data verification.
“This is the result of years of effort to connect our systems with CAC. It will help users verify data within the limits of data protection laws,” she said.
She said the move is a way to lower costs and promote interoperability across the financial sector.
E-Business
FG Launches Online Citizenship, Business Management Platform

Ministry of Interior has announced the launch of a new Online Citizenship and Business Management Platform in line with the Renewed Hope Agenda of President Bola Tinubu.
A statement signed by Dr Magdalene Ajani, permanent secretary, Ministry of Interior’s said the initiative forms a key part of its ongoing reforms aimed at promoting transparency, enhancing operational efficiency, and significantly improving service delivery to the public.
The new digital platform is designed to streamline the application and processing of citizenship and business-related services, ensuring faster turnaround times and improved user experience.
The platform allows users to apply for and manage business permits, ensuring that both local and foreign businesses operate legally in Nigeria.
It includes an Expatriate Quota System to manage work permits for foreign employees, helping companies hire skilled workers while complying with Nigeria’s immigration laws.
The Citizenship Administration and Management System provides a streamlined online process for applying, tracking, and managing Nigerian citizenship applications and related services.
Members of the public, corporate entities, and other stakeholders are expected to access the platform through the ministry’s website: https://interior.gov.ng , Direct Portal Access: https://candb.interior.gov.ng , or contact candb-support@interior.gov.ng for support and inquiries.
“The Ministry of Interior remains committed to establishing a more efficient, transparent, and secure framework for citizenship administration, while continuously enhancing service delivery through digital transformation,” the statement read in part.
- Telecom3 days ago
Telcos Warn of Nationwide Telecom Blackout over Diesel Shortage
- E-Financial3 days ago
CBN, SEC Fine Access Holdings N1.21Bn for Infractions
- Telecom3 days ago
Nigerians Spend N5.3 Trillion on Telecom Services
- E-Financial3 days ago
First Asset Management Launches N100 Billion Infrastructure Fund to Provide Sustainable Capital for Infrastructural Development Across Sectors
- News3 days ago
Kaspersky Uncovers Dero Crypto Miner Spreading via Exposed Container Environments
- Telecom3 days ago
13 New Things Google Launched at I/O 2025
- General News3 days ago
IFC, Standard Chartered Expand Lending in Local Currencies
- Broadcasting3 days ago
Canal+ Buyout Of South Africa’s MultiChoice one Step Closer