E-Business
Technology Plays A Critical Role In National Development

Nigeria has benefitted from the high oil prices and has become accustomed to high revenues which have boosted the economy.
While many may watch the tumbling oil price with dismay, in some ways it can be viewed in a positive light.
The loss of oil revenues has compelled the country to give more attention to other areas of the economy, including technology, where revenues can grow, and help break the reliance on a single non-renewable resource.
Technology access and innovations are playing a pivotal role in helping Nigeria grow and diversify.
Technologies such as cloud, mobile, social and integrated hardware and software are catalysts for business, and enable companies to have more immediate access to computing solutions that can help them drive their business.
As these new technologies and computing models emerge, so does the need for new IT skills. Technology leaders in collaboration with the government should commit to mentoring and educating young people.
This can set them on a course to embrace basic skills and technology fundamentals that can help them become more productive members of the national workforce, both in the public and private sector.
Given the pervasive and pivotal nature of technology in today’s world, the IT industry has a crucial role to play. And in a fast-changing country like Nigeria, the need for IT skills is more important than ever.
Oracle has a large and committed presence in Nigeria. Oracle, and through Oracle Partner Network, works with the government to create skills development, training and mentorship programs.
Oracle is currently involved in various advancement programs in the country, aimed at developing technology-skilled members of the Nigerian workforce.
Lagos State Workforce Development Program
Oracle and Lagos State have just completed phase 2 of the Lagos State Workforce Development Program, to assist in training graduates on Oracle Database or Oracle E-Business Suite.
This program provides graduates with opportunities to acquire industry-relevant skills and internships within the private sector and in some of the State’s ministries.
One of the program’s participants, Monjolaoluwa Abidakun, had this to say: “Educative, exciting and inspiring are the words that describe the Lagos State Workforce Development Program. Engaging in hands-on practice and instructor-led training was truly insightful and I am grateful to have been able to participate the training. I have since been offered an internship in the private sector, which is an opportunity I don’t think I would have received if I had not been part of the program.”
Oracle Internships
Oracle Nigeria also offers hands-on internships at Oracle Nigeria to grow a pipeline of fresh business and ICT talent for Oracle and its West African ecosystem. Currently, 12 interns are engaged at Oracle Nigeria.
These are just 2 examples of initiatives that Oracle, as a local employer, is driving to support the creation of a technical savvy workforce – other programs include supporting universities and women in leadership activities.
Technology is no doubt changing the way we live and work around the world and specifically in Nigeria.
Public and private organizations have a responsibility to work together to help young people acquire key business and IT skills that can help them in turn to cultivate long-term success.
Individuals, companies and governments are already using technology to innovate, bringing a fresh approach to creating new businesses or boosting growth in industries that make up the Nigerian economy.
Adebayo Sanni, Country Managing Director of Oracle Nigeria
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.
E-Business
NIMC Plans to Register 95 Percent Nigerians by December

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.

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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