General News
Cost of Production Must Make Business Sense-Ekuwem
Cost of Production Must Make Business Sense-Ekuwem
Dr. Emmanuel Ekuwem is a thorough bred engineer with an undiluted passion for ICT. Ekuwem was once assistant director (Technical Services) in the Aviation Ministry, a fellow of the International Atomic Energy Agency (IAEA)/ Tril Programme.He is presently UNESCO’s ICTP (Trieste,) regional coordinator of the Nigerian Universities Network (NuNeT). Ekuwem spoke to
Local Content and Assessment of ICT
You will remember that we held recently a whole stakeholders forum on that topic. If it were not a serious topic, if it were not relevant to the growth of our country, we would not have organized a stakeholder’s forum on the topic.
If we want to own the industry; if we want to grip the industry firmly, if we want to contribute to the emergence of Nigeria as one of the first or top twenty countries by the year 2020; then we have to use ICT as one of the catalysts to lift Nigeria up to that position. The question is, what do we do in the industry? What are the tools of the industry? How many of the tools are made, designed or assembled in Nigeria? When you emphasize on Nigerian content development within the ICT sector, you are aiming at creating jobs and wealth; you are aiming at ensuring the sustenance of the industry. That means you have no control over, cannot be said to be yours. We are not talking about 100per cent control, it is about what I call, a symbiotic control in the sense that our foreign partners work in tandem with us so as to ensure the growth and sustainability of the industry. We use pieces of software in places such as banks, universities, corporate bodies like Teledom and so on. How many of these pieces of software that we use on a regular basis are developed in Nigeria? Are Nigerians competent enough to develop pieces of software that can be used in those establishments? All I can tell you for sure is that there is no software that we use today that cannot be developed by Nigerians. I hope we are not suffering from what Fela Anikulapo Kuti used to call ‘kolo mentality’ in the sense that we perceive imported goods as more superior to locally made ones. Are you telling me that good mobile phone casings cannot be produced in Nigeria? Are you telling me that even casings of the computer and TV antennae cannot be made here? They sure can. You must know that those companies abroad may not produce the totality of their products in their factories; they outsource them to their partners who are being paid for the services.
Who is Responsible?
First, the cost of production must make business sense. When you look at the cost of production in Asia and that in Nigeria, if it is cheaper in Nigeria, entrepreneurs will come to produce in Nigeria. Our duty then is to ensure that cost of production of goods in our country low. Electric power is to the national economy what food is to the human body. The national economy is as epileptic as it is today because its source of energy is epileptic. The day we get our bearings right, the day the Power Holding Company of Nigeria (PHCN) wakes up and the day we make good availability of electric energy for use in the national economy; you will see an avalanche of creativity, you will see an outburst of development; you will see Nigerians design and manufacture things that meet international standards. So, infrastructure like electricity is contributing to the increase in the cost of production. Nigerians are not the smartest people in the world but we have individuals who have potentials and can be trained to be highly skilled in certain areas. I would say that the right policies must be formulated; there must be public awareness, support from government and an institutional or legal framework that would compel operators or entrepreneurs or companies within the industry to introduce a certain percentage of Nigerian content in their operations. So, policy, institutional and legal frameworks are all the things that need to be addressed to ensure that we can have Nigerian content sufficiently large within the ICT industry. If you have only skilled manpower, how are you going to come to terms with the technical complexities of the material that will be used? I can tell you that dearth of manpower is not peculiar to Nigeria; there are many countries in the world that share similar experiences with Nigeria. Am convinced that the moment government, the Nigerian public, the telecom companies, the operators, the regulatory bodies like NCC; show some commitment to the cause of Nigerian content development within the ICT sector, be rest assured that we will go a long way. In that case, it is the will for us to move forward.
SIM Registration and National Security
We can capture data. But we have to start from somewhere. We cannot because of the fact that we are having difficulties in authentication turn a blind eye on SIM pack abuse; anyone can walk into a shop and buy one then use it to commit fraud, make threat calls and so on. A phone with GPRS, with voice call, with web browsing facilities, is an access point into any nation’s information super highway.
With that phone and connection, you can have access into companies’ database and even wreak havoc. We should be able to match these phones which are the access points into Nigeria’s information super highway with particular individuals within Nigeria, otherwise there is danger. This point of access must be accounted for; its origin and ownership must be known. There is a high rate of threat calls according to police reports. Hired assassins and even kidnappers in the Niger-delta use their phones to carry out operations but those calls cannot be traced to anyone. In most countries in the world, SIM packs are being registered because they have realized it is necessary for national security.
Registering 30 million Subscribers
We will not say goodbye to the Nigerian national security because operators are uncooperative. ATCON is not a regulator but we work in close partnership with the regulatory body. We are not the National Assembly, we do not make laws; we only do professional advocacy and ensuring that with our expertise, the Nigerian public is well informed. Operators may not be willing to register SIM packs because it will lead to a decrease in the number they release. But we cannot for that reason joke with national security. They need not do these registrations themselves; they can outsource that to a small firm. As we said in ATCON press statement, a period of six months to one year will be given during which every subscriber would be documented. You can walk into the nearest service center and register his SIM; so there will be no hurrying.
Teledom Group
Teledom Group will soon be 10 years. We are a broadband informational telecommunication infrastructure company. We started with wireless and we discovered that Nigeria being a developing country had a problem of good quality ICT infrastructure. During the time of NITEL you know how difficult it was to get a line. We then said ‘let us look for a technology that will be broadband, that will be scaleable, that will be easy to install and easy to dismantle’. So, Teledom International Limited’s core competence is broadband wireless, we are experts in that area. We have a software development company and we have IT mart that is a one stop infotech super store. We have had a lot of encouragement from Nigerians; we have been patronized by some very good corporate bodies in this country and we are quite gratified that we have grown the way we have grown. The next phase we are entering is that of local content via manufacturing.
General News
PalmPay Supports Nigeria Police Force National Cybercrime Centre 2025 Cybersecurity Awareness Walk

PalmPay, a Nigerian leading digital banking platform, supported the Nigeria Police Force National Cybercrime Centre (NPF-NCCC) during its Cybersecurity Awareness Walk held in Abuja as part of activities marking the 2025 Cybersecurity Awareness Month.

Themed “Secure Our World,” the event brought together key stakeholders from law enforcement, regulatory bodies, and the private sector to promote public awareness on cybersecurity, financial fraud prevention, and safe online practices.
PalmPay joined other participants in advocating for stronger public vigilance and safer digital engagement, reaffirming its commitment to supporting national efforts that enhance cybersecurity and consumer protection.
Speaking during the event, PalmPay’s Managing Director, Mr Chika Reginald Nwosu, commended the Nigeria Police Force National Cybercrime Centre (NPF-NCCC) for its efforts in combating cybercrime and protecting consumers. He emphasised the need for continued collaboration across sectors to build a safe and secure payment ecosystem for all Nigerians.
“We commend the NPF-NCCC for its proactive leadership in driving cybersecurity awareness,” said Nwosu. “At PalmPay, we are committed to supporting initiatives that promote digital safety and foster trust in Nigeria’s growing digital economy.”
At the event, PalmPay was commended for its outstanding efforts in strengthening regulatory engagement and advancing consumer protection initiatives across the fintech industry.
The partnership underscores PalmPay’s ongoing commitment to promoting cybersecurity awareness, consumer protection, and fraud prevention as part of its mission to create a safer digital financial ecosystem in Nigeria.
PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.
PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.
General News
Fidelity Bank Salutes Air Peace for Flying Nigeria’s Flag to Heathrow

Fidelity Bank Plc has congratulated Air Peace on the successful launch of its maiden direct flight from Lagos to London Heathrow, describing the milestone as a significant achievement for Nigeria’s aviation sector and a testament to the power of indigenous partnerships.

The commendation was delivered by Dr. Nneka Onyeali-Ikpe, managing director of Fidelity Bank, during a special event held in Lagos to celebrate the airline’s expansion into the European market.
“This is not just a win for Air Peace, but a win for Nigeria,” Onyeali-Ikpe said. “It reflects the strength of home-grown businesses and the impact of strategic financial support in enabling national champions to thrive on the global stage.”
Nigeria CommunicationsWeek reports that Fidelity Bank has played a pivotal role in Air Peace’s growth, providing early financial backing and advisory services that helped the airline become the largest carrier in West Africa. The bank continues to support Air Peace through payment processing and other financial services
The launch of the London route marks a new chapter for Air Peace, which now joins a select group of African airlines operating direct flights to Heathrow.
The development is expected to boost tourism, trade, and connectivity between Nigeria and the United Kingdom.
Speaking at the event, Allen Onyema, Chairman of Air Peace, expressed gratitude to Fidelity Bank for its unwavering support and reaffirmed the airline’s commitment to excellence and service.
“This partnership has been instrumental in our journey,” Onyema said. “We are proud to fly the Nigerian flag across international skies.”
Industry stakeholders present at the event praised the collaboration between the two companies as a model for sustainable business growth and national development.
General News
After MultiChoice Buyout, Canal+ Eyes Full Ownership of Showmax

Canal+, French media giant, is reportedly eyeing the full takeover of Showmax, the African streaming platform jointly owned with MultiChoice Group.

This followed its recent push to expand across the continent’s digital entertainment market.
The move comes after Canal+ completed its acquisition of MultiChoice to strengthening its hold on Africa’s pay-TV and streaming ecosystem.
With Showmax being a key growth asset under the partnership, industry analysts say a full takeover could give Canal+ end-to-end control of content production, distribution, and subscription revenue in multiple markets.
The acquisition would also align with Canal+’s broader strategy to rival global streaming giants such as Netflix and Amazon Prime Video by leveraging African content demand and localized storytelling.
According to RipplesNigeria, Ayo Balogun, Media and Telecoms Analyst, CardinalStone Partners, while reacting to the move, said: “Canal+’s full acquisition of Showmax would mark a decisive step in consolidating Africa’s digital media value chain.
“With MultiChoice now under its control, Canal+ can fully integrate content, distribution, and streaming into a single monetizable ecosystem—something we’ve not seen before on this scale in Africa.”
Thandiwe Mokoena, Senior Media Strategist, Johannesburg, added: “This move gives Canal+ strategic dominance in both the pay-TV and OTT spaces. It positions them not only as a regional player but also as a continental gatekeeper for premium African content. The competitive pressure on Netflix and Amazon Prime Video in Africa will rise sharply if this takeover goes through.”
Financial markets are closely watching how the potential consolidation could reshape Africa’s media landscape, particularly in terms of valuation, competition law, and licensing rights.
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