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NITDA Partners with NAICOM to Institutionalise Cyber Insurance

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National Information Technology Development Agency (NITDA) is exploring partnership and collaboration with the National Insurance Commission (NAICOM) on how to institutionalise Cyber Security Insurance in the country.
Kashifu Inuwa Abdullahi, director-general of NITDA who led the Agency’s management team to the Commission on a courtesy visit reiterated the fact that the insurance cover is long overdue, especially as it is virtually impossible for any business to operate without connecting to the internet.
According to Inuwa, almost every adult in Nigeria move around with “a super computer in his/her hand or pockets”, which invariably exposes one to cybercrimes and criminals.
While quoting some reports that the global cyber crime as of 2021 was almost $6TR and projected to grow by 15% year-on-year, the DG said that as of today the figures have increased to about $8TR and will reach $10.5 TR by 2025.
“Cyber crime, if you can quantify it as a nation, will be the third largest economy, and it is bigger than all crimes combined together, in terms of cost”.
“In view of this, we need to institutionalise Cyber Insurance because Nigeria loses about N200B to cyber crime anually, imagine that just 0.0% of the Nation’s Gross Domestic Product (GDP) is worth more than N200B”, Inuwa noted.
Inuwa said “looking at this and the rate services are being digitised, coupled with the push for government digital services as well as COVID-19, the pace we are digitising has been accelerated; the future is therefore arriving faster than expected”.
The DG who emphasised the importance of securing the Insurance, averred that whereas, the commission has the primary mandate of insurance, the Agency also has certain mandates relating to cyber insurance, including development of Information Technology in Nigeria which Cyber Security is an integral part.
The NITDA Boss expressed the hope that once the insurance is gotten, the country will be well positioned to mitigate the recurring losses and the ecosystem as well as the quality of systems in Nigeria will be strengthened and upgraded respectively.
“Achieving this feat will also translate to strengthening developers of systems to up their game, by taking it through series of tests before taking their products to the market”.
“Many countries have institutionalised cyber insurance, Africa inclusive; South Africa, Kenya and Egypt have done so. Looking at our status in Africa as the largest economy and having the most vibrant digital ecosystem as well as the fastest growing digital economy, I think it is the right time for us also to institutionalise Cyber Insurance in Nigeria”, the DG maintained.
The Commissioner for Insurance/Chief Executive Officer of the National Insurance Commission (NAICOM), Olorundare Sunday Thomas who gave a nod to the proposal brought forward by the NITDA DG, noted that he has always been talking to relevant stakeholders to look at the positive side of risks associated with technology.
“Looking at the volume of data that are driven daily, cost associated with data, magnitude and impact of the economy of nations, if there should be any economy that should be more concerned about cybercrime, it should be Nigeria”.
“The more we look forward to using technology to resolve many problems, we must also seize the opportunity to increase our workforce”, Thomas added.
The CFI assured the NITDA team of the Commission’s readiness to partner with the Agency towards institutionalising cyber insurance.
Both teams were unanimous in hitting the ground running as they agreed to create a committee of six members, three from each organisation to ascertain the modus operandi and fashion out the terms of reference.

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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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UniCloud Africa, Open Access Data Centres Announce Strategic Partnership to Strengthen Digital Sovereignty Across Africa

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UniCloud Africa (UCA), the premier pan-African sovereign cloud platform, and Open Access Data Centres (OADC), one of the leading data centre companies in Africa, and Africa’s fastest-growing data centre company, are pleased to announce a strategic partnership to accelerate Africa’s digital transformation and independence.

Under this partnership, UniCloud Africa will host its enterprise-grade sovereign cloud and Artificial Intelligence (AI) infrastructure within OADC’s world-class, carrier-neutral facilities in Nigeria, the Democratic Republic of Congo and South Africa. This collaboration establishes a robust, localised foundation for governments and enterprises to modernise their operations while ensuring absolute data residency and regulatory compliance.

Advancing the “One Cloud, One Africa” Vision

The partnership aligns with UniCloud Africa’s “One Cloud, One Africa” strategy, which seeks to eliminate the high-latency and compliance risks associated with offshore cloud providers. By utilizing OADC’s Tier-III certified infrastructure, UniCloud Africa provides a high-performance environment for mission-critical workloads, supported by a contractual Tier-III certified uptime SLA.

“Our mission is to provide the definitive foundation for Africa’s digital and economic independence,” said Dr. Krish Ranganath, CEO of UniCloud Africa. “By hosting our sovereign infrastructure within OADC’s world-class facilities, we are ensuring that African data remains on African soil. This partnership empowers our clients with low-latency access, local currency billing, and the security of ISO-certified, in-country data management that is tailor-made for the continent’s unique requirements.”

A Multi-Market Digital Backbone

OADC’s extensive footprint provides UniCloud Africa with the scale needed to serve key economic hubs:

  • Nigeria: Leveraging OADC Lagos’s campus to support the country’s booming fintech and enterprise sectors
  • DRC: Providing much-needed local cloud capacity in Kinshasa to drive the nation’s digital acceleration
  • South Africa: Utilising OADC’s expanded national footprint and distributed scale to deliver resilient, geographically separated primary and disaster recovery solutions

“We firmly believe that fully localised cloud infrastructure is critical for economic growth and Africa’s digital future,” added Dr Ayotunde Coker, CEO of OADC. “OADC is committed to providing the essential building blocks for a truly unified African digital ecosystem. Partnering with UniCloud Africa allows us to support a platform that is driving the next wave of innovation, from AI acceleration to cost-predictability.”

Empowering the Next Wave of Innovation

Beyond standard infrastructure, the partnership will support the deployment of UniCloud’s GPU-as-a-Service (GPUaaS), enabling local organisations to harness the power of AI, Machine Learning, and Big Data at scale. With zero data egress fees and billing in local currencies, the collaboration removes the financial barriers often posed by global cloud giants.


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ipNX, Industry Leaders Push for Unified Action on Telecom Growth, Security

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L-r: Tunji Alabi, CEO, Infratel; Oluseyi Lala, Divisional CEO, ipNX Business; Daniel Ugwejeh, Head of Sales, Internet Solutions Nigeria; Gbemisola Osunrinde, Panel Moderator and CEO, Smartcomply; Innocent Obolo, Senior Management Consultant, Ethnos Cyber and Jason Ikegwu, Partner, Philips Consulting at the Nigerian Telecoms Forum which held at Four Point by Sheraton recently.
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ipNX, has once again emphasized the need for stronger collaboration among telecommunications operators, enhanced government support, and critical infrastructure reforms to drive sustainable growth in Nigeria’s telecom sector.

This call was made by ipNX’s Divisional CEO, IpNX Business, Oluseyi Lala, at the recently concluded Nigeria Telecoms Forum held on Thursday, April 9, 2026, at the Four Points by Sheraton Hotel in Victoria Island, Lagos. The forum brought together senior telecom executives, infrastructure providers, operators, investors, telco associations, and industry professionals.

Speaking during a panel session titled “Securing the Digital Backbone: Cyber Resilience and Data Protection in the Age of 5G and Cloud,” Lala highlighted the growing importance of cybersecurity in Nigeria’s rapidly evolving telecom landscape. As the industry embraces advanced technologies such as 5G and cloud computing, he stressed that safeguarding digital infrastructure must remain a top priority.

He emphasized that cybersecurity is a shared responsibility across the ecosystem, warning against the common assumption that vendors or infrastructure providers have already guaranteed system-wide protection. According to him, this mindset creates vulnerabilities, as effective security depends on coordinated vigilance and accountability from all stakeholders.

“Cybersecurity is no longer optional, it is fundamental to the sustainability of our industry. A unified and coordinated approach to threat detection and response will significantly enhance our ability to protect critical telecom infrastructure,” Lala said.

He further noted that collaboration among operators, regulators, and security agencies is essential to effectively mitigate risks and ensure service continuity. Lala also commended the Federal Government, particularly through the National Information Technology Development Agency (NITDA), for establishing a committee dedicated to responding to cyber threats within the sector.

Beyond cybersecurity, discussions at the forum highlighted a pressing structural challenge: power supply. Industry stakeholders called for a state of emergency on power, describing it as a critical enabler for telecom growth. Reliable electricity remains fundamental to network expansion, service quality, and cost efficiency, with operators continuing to bear the heavy burden of self-generation.

The forum also explored the financial realities facing telecom operators, particularly in light of recent currency devaluation. Participants stressed the need for companies to adopt more robust and transparent business models to attract long-term capital. The volatility of the naira has made multilateral institutions, including organizations such as the Africa Finance Corporation (AFC), more cautious about extending long-term financing to the sector.

To address this, stakeholders pointed to Environmental, Social, and Governance (ESG) strategies as a critical lever. Embracing ESG principles was identified as a “winning play” for telecom companies, not only enhancing brand credibility but also improving access to green funds and attracting foreign investment increasingly tied to sustainability benchmarks.

Jamiu Ijaodola, convener of the Nigeria Telecoms Forum, underscored the importance of collaboration in tackling these multifaceted challenges.

“The telecom sector is at a pivotal point where collaboration is no longer a choice but a necessity. Forums like this provide an opportunity for stakeholders to align priorities, share insights, and collectively build a more secure, resilient, and future-ready digital ecosystem for Nigeria,” he said.

In addition, discussions reinforced the need for an enabling regulatory environment that supports infrastructure investment, innovation, and long-term sector stability, in alignment with Nigeria’s broader digital transformation goals.

ipNX reaffirmed its commitment to driving industry collaboration and advocating for policies that support sustainable growth. With stronger partnerships between operators, investors, and government institutions—and urgent attention to power, capital access, and cybersecurity, Nigeria’s telecom sector is well-positioned to achieve greater resilience, improved service delivery, and expanded digital access nationwide.


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UK Probes Telegram Over Child Safety Concerns

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United Kingdom’s communications regulator, Ofcom, has opened an investigation into Telegram over concerns relating to the spread of child sexual abuse material on the platform.

Ofcom Probes Telegram Over Child Safety Concerns

Ofcom said it had reviewed available evidence and would assess whether Telegram has failed, or is failing, to meet its legal obligations on illegal content under the Online Safety Act 2023.

The regulator noted that the law requires online platforms to minimise risks associated with illegal content and take swift action when such material is identified. It added that companies must demonstrate compliance with these responsibilities or face enforcement measures.

The investigation comes amid growing scrutiny of online platforms operating in the UK, as authorities push for stronger protections for children in digital spaces.

In response, Telegram denied the allegations, stating it “categorically” rejects the claims. The company said it has, since 2018, “virtually eliminated” the public spread of such material through the use of detection algorithms.

Telegram also expressed concern over the probe, suggesting it could be part of broader pressure on platforms that prioritise privacy and freedom of expression.

Ofcom has also launched separate investigations into Teen Chat and Chat Avenue, saying it is not satisfied that both platforms are doing enough to protect children from grooming risks.

Ms Suzanne Cater, Ofcom’s Director of Enforcement, said firms must strengthen safeguards or face serious consequences under the law.

“These firms must do more to protect children, or face serious consequences under the Online Safety Act,” she said.

The probe comes as the government of Keir Starmer intensifies efforts to enforce stricter online safety standards, particularly for younger users.

Nigeria CommunicationsWeek reports that Telegram has faced similar regulatory action in other jurisdictions. In February, Australia’s online safety regulator fined the company over delays in responding to inquiries regarding measures against child abuse and extremist content.

The Online Safety Act 2023 is widely regarded as one of the most stringent internet safety frameworks globally, placing direct responsibility on digital platforms to address illegal and harmful content or risk sanctions.


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