Connect with us

News

NITDA DG Reiterates Agency’s Commitment to Grow Region’s Tech Ecosystem

Published

on

Kindly share this post

In view of the relatively low visibility of the Innovation ecosystem in Northern Nigeria, despite being a region with hub of innovators, creatives, startups and several success stories, the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, CCIE, has reiterated the Agency’s commitment to support, and catalyse the emergence/growth of the region’s innovation ecosystem.

Inuwa said this while delivering a Keynote Address during a ‘Stakeholders’ Engagement on the State of the Northern Innovation Ecosystem’, which held in Abuja.

Describing the event as “‘setting the sense of urgency for something to be done in favour of the Northern Innovation Ecosystem’, the Director-General noted that the timely call amplifies the opportunities, challenges as well as the need to build strategic partnerships toward achieving the overall goals.

“This platform has spurred the necessary conversations that we need to have in order to tackle some of the bottlenecks that have over the years stifled the growth of the ecosystem in the region”.

“As an Agency under the Ministry of Communications, Innovation and Digital Economy, we are here to add our collective voice and render relevant support targeted at fostering economic growth and development in the North and Nigeria as a whole”, Inuwa affirmed.

Advertisement

The DG Aligned the thrusts of the discussions to the Federal Government’s ‘Renewed Hope Agenda’ and one of the Priority Areas of the President Bola Ahmed Tinubu Adminstration, which is ‘Accelerating Diversification through Industrialisation, Digitisation, Creative Arts, Manufacturing and Innovation’.

According to the DG, the involvement of NITDA in the quest, further aligns with some pillars of  the Agency’s Strategic Roadmap and Action Plan, which deal with ‘Nurturing an Innovative and Entrepreneurial Ecosystem’ and Forging Strategic Partnerships and Collaboration amongst others.

Inuwa expressed the hope that the Northern Innovation Ecosystem will be used to create jobs, solve agricultural problems, healthcare, transportation, education and many more in the region.

“In the North and Nigeria in general, our biggest opportunity is the large market and expansion we have, because we have a young population where more than 60% is under 25, which means they are digitally natives”.

“Given the fact that our greatest resource as a country is human capital, we therefore, want to harness this population to make Nigeria a talent net exporter”, the DG avowed.

Advertisement

The NITDA Boss who took time to explain the Strategic Blueprint (five Pillars) of the Ministry and of course the Agency’s eight Pillars of the SRAP document, and how they directly address some of the issues raised, urged for the need to co-create and co-design the solutions with the ecosystem, in order to build trust between the ecosystem and the government.

“We want them to know that the government is here to handhold and support them in terms of interventions, building the talents, and infrastructures in unserved and underserved communities, as well as providing the incentives for them to grow”, Inuwa assured.

Inuwa however challenged Northerners not to allow the identifed challenges in the area to hinder their innovative ideas, as there are silver linings in each difficulty.

“Lack of funding is always one of the issues, yes, but we can start with the small we have. It is not enough to always mention the challenges, let us also look for innovative ways to tackle them”, Inuwa urged.

Inuwa informed the audience that the Agency is conceptualising the idea of establishing Technology Development Zones, one in each geopolitical zone of the country, adding that there are plans to also have an average innovation hub in every state of the federation.

Advertisement

“To sustain and deal with the recurring challenge of monopoly of the hubs by some facilities in Universities, we are trying to come up with a framework where we can build innovation hubs outside of Universities, then sign an M.O.U with the ecosystem to bring in anyone that is willing to manage the facility, we will give the person targets and KPIs to aid the management of such hubs”.

“It is an idea we are trying to conceptualise and we are open to co-designing it with the ecosystem, so anybody who is interested can reach out to us, so that we can figure out how to achieve that”, the Director-General said.

Head of Experimentation, United Nations Development Programme (UNDP), Jamila Mohammed, while speaking on the essence of the meeting, maintained that the whole idea around having the conversation with the stakeholders for the northern innovation ecosystem is to begin to engage key players in the innovation space to come together and help in positioning the ecosystem, in order to address developmental challenges in the region.

“The essence of all this is to galvanise action to catalyse action, to be able to disrupt the way innovation is done in the region itself”.

“There is a need for us to pull all our resources together to be able to position the resource system to accelerate the SDGs, because we know we are far behind in achieving Sustainable Development Goals and there is that urgency to be able to come up with new methodologies, and solutions that will take us to that promised land”, Ms. Jamila noted.

Advertisement

Other stakeholders took turns to share their thoughts, as they unanimously affirmed the fact that the Northern Ecosystem Working Group (NEW-G) which was established in collaboration with UNDP remains a significant rallying point to nurture and fuel the Northern Ecosystem’s emergence with strategic levelling up initiatives.

Kindly share this post

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

News

Union Bank Secures Global Payment Data Security Certification

Published

on

Kindly share this post

Union Bank of Nigeria has secured certification under the Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1, a global standard for protecting payment card data.

The certification took effect on August 11, 2026, confirming that the bank’s systems for storing, processing and transmitting customers’ credit and debit card information meet stringent international security requirements.

PCI DSS certification is designed to reduce the risk of payment card data breaches and financial fraud while strengthening customer confidence in electronic payment systems.

The assessment covered key areas of Union Bank’s operations, including network infrastructure, card issuance, ATM and POS transactions, payment processing, reconciliation, settlement, chargebacks, dispute resolution and retail banking.

Union Bank was assessed and certified under the Service Provider category.

Advertisement

The certification process lasted a full year and involved quarterly assessments, with support from departmental, business and functional heads across the bank. Digital security firm Digital Encode supported the process, while the final independent audit was conducted by CyberCube, an accredited Qualified Security Assessor.

Yetunde B. Oni, Managing Director and Chief Executive Officer of Union Bank, said the certification demonstrates the bank’s commitment to protecting customer information.

“The security of our customers’ information is central to everything we do at Union Bank. This certification reaffirms that our payment systems and processes meet a rigorous global standard, and it reflects the discipline of colleagues across the Bank who work every day to keep customer data safe.”

The renewal also ensures that Union Bank maintains continuous PCI DSS certification, in line with the Central Bank of Nigeria’s requirement for banks to sustain compliance without interruption.

Advertisement

Kindly share this post
Continue Reading

News

Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

Published

on

Kindly share this post

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.

Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.

For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.

CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”

Advertisement

Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.

Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.

Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”

The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.

That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.

Advertisement

Kindly share this post
Continue Reading

News

NCAA to Introduce RFID Technology to Tackle Missing Luggages

Published

on

Kindly share this post

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

NCAA to Introduce RFID Technology to Tackle Missing Luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.

Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.

According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.

Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.

Advertisement

Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.

He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.

The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.

The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.

The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.

Advertisement

 

Kindly share this post
Continue Reading

Trending