E-Business
The Power of Local Cloud Hosting: A Boon for Nigerian Businesses

In today’s digital age, businesses across Nigeria are increasingly reliant on cloud computing to streamline operations, enhance collaboration, and scale their ventures.

However, amidst the myriad of cloud hosting options available, there’s a rising trend towards embracing local cloud hosting providers like Layer3cloud.
This shift is not merely about patriotism; it’s a strategic move that brings forth a plethora of benefits for Nigerian businesses, ranging from data sovereignty to enhanced performance and personalized support.
Data Sovereignty and Compliance
One of the primary concerns for businesses operating in Nigeria is data sovereignty and compliance with local regulations. By opting for local cloud hosting services like Layer3cloud, businesses can ensure that their data remains within the borders of Nigeria, adhering to local laws and regulations.
This not only mitigates the risk of data breaches but also fosters trust among customers who are increasingly vigilant about data privacy and security.
As highlighted by Tunde Bakare, CEO of a leading e-commerce platform in Lagos, “Data sovereignty is non-negotiable for us. Our customers entrust us with their sensitive information, and partnering with a local cloud hosting provider ensures that we maintain control over our data while complying with Nigerian data protection laws.”
Enhanced Performance and Reduced Latency
Geographical proximity plays a pivotal role in determining the performance of cloud-hosted applications and services. Local cloud hosting providers offer businesses the advantage of reduced latency and improved performance by hosting data closer to end-users. This translates to faster load times, seamless user experiences, and increased competitiveness in the digital landscape.
According to Emeka Nwosu, CTO of a burgeoning fintech startup in Abuja, “Our decision to migrate to a local cloud hosting provider was driven by the need for superior performance and reliability. Since partnering with Layer3cloud, we’ve witnessed a significant reduction in latency, enabling us to deliver real-time financial services to our users with unparalleled efficiency.”
Personalized Support and Service
In a crowded marketplace dominated by global cloud giants, businesses often find themselves lost in the shuffle, grappling with generic support and service offerings. Local cloud hosting providers distinguish themselves by offering personalized support tailored to the unique needs and challenges faced by Nigerian businesses. From round-the-clock technical assistance to proactive monitoring and troubleshooting, local providers like Layer3cloud prioritize customer satisfaction and foster long-term partnerships built on trust and reliability.
Chinwe Okoye, COO of a growing SaaS company in Port Harcourt, attests to the value of personalized support, stating, “The level of support we’ve received from Layer3cloud has been exceptional. Their team goes above and beyond to understand our business requirements and promptly address any issues that arise. It’s reassuring to know that we have a reliable partner we can count on.”
Conclusion
In a digital ecosystem shaped by rapid technological advancements and evolving consumer expectations, the importance of local cloud hosting cannot be overstated. From ensuring data sovereignty and compliance to delivering superior performance and personalized support, local providers like Layer3cloud empower Nigerian businesses to thrive in a competitive landscape while driving innovation and economic growth.
As businesses continue to navigate the complexities of the digital age, embracing local cloud hosting represents not only a strategic investment but a testament to the resilience and ingenuity of Nigeria’s burgeoning tech ecosystem.
In the words of Oluwaseun Adekunle, Founder of a dynamic software development firm in Ibadan, “By harnessing the power of local cloud hosting, Nigerian businesses can unlock new possibilities, drive operational excellence, and chart a course towards sustained success in the digital era.”
E-Business
NITDA DG Reaffirms FG Commitment to Responsible and Inclusive AI

The Federal Government of Nigeria has reaffirmed its commitment to building a responsible, inclusive, and sovereign artificial intelligence ecosystem to enable Nigeria to transition from being a passive consumer of AI technologies to an architect and builder of indigenous AI systems.

This was said by the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi CCIE, while delivering a virtual address at the InnovateAI Conference held in Lagos.
The conference brought together policymakers, technology leaders, innovators, and stakeholders to discuss the future of artificial intelligence and its role in driving Nigeria’s digital economy and national development agenda.
Inuwa outlined Nigeria’s ambition to transition from being a consumer of artificial intelligence technologies to becoming a builder and owner of AI systems that reflect national values and priorities, in line with the National AI Strategy.
“Our goal is not just to use AI, but to architect and build our own AI systems in Nigeria,” he said, stressing that the country must take ownership of its AI future.
He noted that Nigeria’s approach to artificial intelligence extends beyond innovation to include governance, infrastructure, data sovereignty, and policy evolution.
According to him, “Responsible AI is never a finished job; it is an iterative journey. Our policies must evolve as the technology evolves, and we must avoid frozen laws by adopting living policies that adapt over time.”
He cited the implementation of the Digital Economy and E-Governance Bill as a key mechanism for generating insights that will help refine AI regulations and governance frameworks.
Inuwa also highlighted the challenge of data representation in global AI systems, noting that most models are trained on non-African datasets, which often results in bias against local dialects, cultures, and demographics.
“If a model shows bias against a local dialect or demographic, we cannot just patch it. We must reinvest in infrastructure to retrain it with inclusive and representative local datasets,” he stated.
He added that building national AI infrastructure is critical to achieving data sovereignty and ensuring that Nigeria is not merely an end user of foreign AI systems.
He further called for strategic partnerships with global technology companies and hyperscalers to build AI infrastructure in Nigeria while aligning with local values and national priorities.
“The world today is a global village. We need to work with global players, but they must understand our local nuances and help us build the infrastructure to retrain and develop AI models that reflect our context,” he said.
The NITDA Director General explained that adopting a comprehensive AI lifecycle approach, from responsible data collection and governance to deployment and continuous feedback, will enable Nigeria to move from reacting to AI developments to proactively designing indigenous AI systems.
“Without understanding how AI models are trained, how decisions are made, and how models are retrained, it will be difficult to build a responsible and trustworthy AI system,” he warned.
He reaffirmed that the Federal Government is intentional about promoting responsible AI and is working closely with the technology ecosystem to co-design national AI guardrails. He described platforms such as the InnovateAI Conference and other national AI dialogues as critical to shaping Nigeria’s AI future.
E-Business
Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial capacity and unwavering commitment to prompt claims settlement.

Mutual Benefits Assurance
A breakdown of the figures shows that ₦3,426,602,834.28 was paid under its General (Non-Life) Insurance portfolio, while ₦2,511,062,519.29 was paid across its Life businesses, including Group Life and Retail Life policies.
The significant payout within a single month reinforces Mutual Benefits’ reputation as a dependable insurer that honors its obligations swiftly and responsibly.
Commenting on the development, Olufemi Asenuga, Managing Director, Mutual Benefits Assurance Plc stated that claims settlement remains the core promise of insurance and the ultimate test of an insurer’s credibility.
“Insurance is built on trust. Our ability to settle over ₦5.9 billion in claims in one month demonstrates not only our financial strength, but also our deep commitment to our policyholders. At Mutual Benefits, we do not just sell policies. We stand by our promises,” he said.
With over three decades of operations, Mutual Benefits has consistently positioned itself as a strong and well-capitalised insurer.
The company operates both Life and General Insurance businesses and remains fully compliant with regulatory capital requirements as stipulated by the National Insurance Commission (NAICOM).
The January payout reflects Mutual Benefit’s robust underwriting standards, prudent risk management practices and efficient claims administration framework.
It also aligns with the company’s broader record of substantial claims settlement in recent years, reinforcing its standing as a trusted brand in the Nigerian insurance industry.
Mutual Benefits employs over 5,000 staff, managed by seasoned management team and an experienced Board of Directors. Industry observers note that prompt claims payment remains one of the most critical differentiators in Nigeria’s competitive insurance landscape.
By consistently settling valid claims without delay, Mutual Benefits continues to strengthen customer confidence, deepen market trust and expand its footprint across retail and corporate segments.
As the company begins 2026 on a strong footing, it reiterates its commitment to innovation, service excellence and delivering value to policyholders and stakeholders alike. Mutual Benefits Assurance focused on its mission to provide reliable risk protection solutions while maintaining the highest standards of professionalism and integrity.
E-Business
NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity warning about a serious Microsoft Office vulnerability (CVE-2026-21509) that attackers are actively exploiting.

This advisory, shared through Nigeria’s Computer Emergency Response Team (CERRT.NG), highlights the risks of this flaw and recommends immediate action to protect systems.
Microsoft has released quick security updates to fix this vulnerability, which has a severity score of 7.8, showing it is a serious risk. Attackers have already used it in targeted attacks.
CVE-2026-21509 affects multiple versions of Microsoft Office, including Office 2016, Office 2019, Microsoft 365 Apps, Office 2021, and later versions.
This flaw allows attackers to bypass security features meant to stop harmful Object Linking and Embedding (OLE) controls. OLE is an older Microsoft technology that can be used to embed links or content, but it has often been exploited by malware.
By exploiting this flaw, attackers can create specially designed Office documents.
When a user opens these documents, they can run malicious code or gain further access to the system.
Exploitation requires user interaction, meaning attackers often trick people into opening harmful Word, Excel, or other Office documents. Common methods include using email attachments or files from untrusted sources.
Because Microsoft confirmed that the vulnerability is being actively exploited, they have made emergency security updates available outside their usual schedule. Users and organisations should:
- Install the latest Microsoft Office security updates for all affected versions.
- Restart Office applications for Office 2021 and later to ensure that the updates take effect.
- Use registry-based settings for protection if updates can’t be applied right away.
- Follow good cybersecurity practices, like using endpoint protection and filtering emails.
Microsoft’s updates for Office 2021 and newer versions are automatically applied, but need a restart of the applications to be active.
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