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Local Firms Yet to Leverage on Big-Data-Adisa

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Bola Adisa, country manager, IDC
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Bolanle Adisa, country managing director, International Data Corporation (IDC), West Africa, has worked at SAP Africa (Pty) Limited; Computer Warehouse Group (ExpertEdge Software); Digital Communication Konsult Nig. Ltd and KPS Limited.
He is responsible for the general management of the West African office and overseeing global projects and developing new business opportunities in West African Region.
In this interview with peter ugwu, the IDC boss explained IDC CIOs Summit and other issues.
 
Overview Of International Data Corporation (IDC)
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets.
We help IT professionals, business executives, and the investment communities make fact-based decisions on technology purchases and business strategy.
 
Plans for IDC in West African Market
Our plan is to increase the awareness of what IDC has to offer in this market and enable ICT professionals, business executives, and investors to make informed decisions that enhance their business prospects.
To fully capitalize on opportunities in the market you must have intelligence, and providing that all-important commodity to our customers is what IDC is all about.
As such, we are focused on increasing our coverage and extending our reach to prospective customers in order to help achieve this goal.
 
Data Analytics and Adoption in the Nigeria IT Environment?
Getting data and analyzing data in Nigeria can be challenging. Getting the data is the first hurdle that has to be overcome.
Unfortunately, a lot of organizations find it difficult to lay their hands on the data they require, either because it simply isn’t available or because there are concerns around its authenticity/reliability.
The adoption level is high among multinationals, but more work must be done among the indigenous companies to help them realize that their businesses can take a turn for the better when they utilize reliable research data and insights to inform their decision-making processes.
 
IDC’S CIO Summit
Having been successful in providing fact-based reports on evolving trends and the use of ICT globally, IDC believes it is important to facilitate ongoing discussions between key ICT stakeholders, especially those that are tasked with managing technology within the enterprise landscape.
The goal of the CIO Summit is to drive high-level interactions on the effective use of ICT in modern businesses, the latest trends and critical issues shaping the market, and the changing economic, social, and regulatory environments impacting both the sale and use of ICT.
 
What Are the Significances of this Year’s Summit?
IDC’s CIO Summits have been successfully bringing technology leaders together from across Africa for five years now.
However, following valued feedback from previous participants, IDC decided to split the annual event into three sub-regions. So, for the first time this year we have CIO Summits that have been tailored specifically to address the individual needs of East, West, and Southern Africa.
As a result of this approach, the discussions between the invited stakeholders will not only focus on emerging global technology trends, but also on the impact they are expected to have on the unique business environment of West Africa.
Presenting a local perspective on global issues, the event will delve deep into the specific challenges and realities of technology use within the parameters of the region.
 
Nigeria’s Market in Terms of Implementation of Market Intelligence Reports
Nigeria’s positioning in the global market space is becoming increasingly important. When the world thinks of emerging markets, Nigeria always features toward the top of the list, and for that singular reason, market intelligence report are becoming very important for investors and business owners.
The goal of any emerging business should be to identify their niche market and maximize it.
We see multinationals taking advantage of these market intelligence reports more than local organizations; they plan their businesses around these reports as the analysis within them provides all the information they require to know where to play, to assess the competition, and to make decisions on what business areas to focus on. It is undoubtedly becoming increasingly important for local organizations to embrace this idea of planning their businesses around reliable market intelligence as well.
 
Required Skills to Harness the Big Data for Usage
We possibly are not having a ‘big issue’ yet in Nigeria in regards to Big Data, but we need to start planning around it so this remains the case.
As businesses grow, so grows the business data. Banks, manufacturing companies, etc. are all embracing mobile and social technologies, and the increasing use of such solutions drives a simultaneous explosion in the amount of data generated.
Online retail is also on the rise, mobile transactions are increasing, organizations are interacting more with customers via social media platforms — the resultant effects of all of this is Big Data and it is important that CIOs put proper plans in place to accommodate these changes.
In terms of skills, I believe the relevant skill sets are readily available here. And if they’re not, it shouldn’t be too much of a challenge to upskill people to manage the relevant technology as Nigerian organizations have smart resources to call upon.
I am more concerned about the planning and strategy aspects, as these must be implemented properly in order to ensure smooth management of the process. 
 
Research and Development in Nigeria
No, we are not there yet in terms of investment in research and development.
There is still a lot of work to be done by both the government and the private sector when it comes to investing in research.


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World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

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World Bank has restricted comments on its Instagram page after thousands of Nigerians flooded the platform begging them to stop lending money to Nigeria.

World Bank Blocks Social Media Comments from Nigerians over Loan Backlash

The protest erupted after reports that President Bola Ahmed Tinubu is seeking a fresh $1.25 billion dollar loan for approval on June 26.

Some Nigerians asked the World Bank to provide more details about the purpose of the loan and how the funds would be managed.

Others said the country should reduce dependence on foreign loans and focus on improving local revenue.

The federal government has continued to defend its borrowing plans.

Officials say the funds will support economic reforms, development projects and efforts to strengthen the economy.

Nigeria remains one of the major borrowers from the World Bank in Africa, with different administrations securing loans over the years for infrastructure, social programmes and economic support.


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Lagos Plans New Cybersecurity Centre

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The Lagos State Government plans to establish a Cybersecurity Operations Centre to strengthen protection of government systems, digital services and citizen data amid rising cyber threats linked to the city’s expanding digital economy.

Tunbosun Alake, Lagos commissioner for innovation, science and technology, said the centre would help secure the infrastructure supporting online payments, e-government services, cloud platforms and technology-driven business operations across the state.

According to Alake, the facility will monitor, detect and respond to cyber threats targeting government networks, digital transactions and sensitive public data.

The move comes as Lagos accelerates its smart city agenda through investments in broadband infrastructure, digital identity systems and automated public services.

Alake said Lagos had already deployed 109 Data Protection Officers across Ministries, Departments and Agencies, which he described as the highest number among Nigerian states, to strengthen compliance with data protection regulations.

Alongside the proposed cybersecurity centre, the state also launched the Lagos Campus Network Upgrade project aimed at improving digital infrastructure within the public sector.

The upgrade is expected to improve network performance, automate internal government processes and enhance digital engagement with residents. The cybersecurity initiative follows the release of Lagos State’s cybersecurity guidelines in April.

The framework recommends measures including multi-factor authentication, vulnerability testing, encrypted backups and tighter endpoint security controls.

The guidelines align with Nigeria’s Cybercrime Act 2024, the Nigeria Data Protection Act 2023 and the National Cybersecurity Policy and Strategy 2021.

 


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LG Electronics Strengthens Household Energy Efficiency in Nigeria with Advanced Inverter Refrigerator Solutions

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LG Electronics (LG) is reinforcing its commitment to smarter and more energy‑efficient living by spotlighting its range of inverter‑powered refrigerators designed to meet the evolving needs of Nigerian households.

As electricity costs continue to rise and inflationary pressures shape consumer spending, LG’s refrigerator portfolio is positioned as a practical solution that combines dependable performance with responsible energy consumption.

Refrigerators are among the most frequently used appliances in Nigerian homes, operating 24 hours a day and accounting for a significant share of household electricity usage. LG addresses this challenge through its proprietary Inverter Compressor technology, which intelligently adjusts cooling power based on actual usage conditions.

By reducing unnecessary energy draw, the system delivers stable temperature control while helping households lower energy consumption and manage monthly utility costs more effectively.

Beyond energy savings, LG refrigerators are designed to support food security and reduce waste, an increasingly important consideration for families navigating rising food prices. The inverter system enables faster cooling recovery after power interruptions and helps maintain consistent internal temperatures, preserving food freshness for longer periods. With fewer friction points in the compressor design, LG refrigerators also offer enhanced durability and long‑term reliability, minimizing maintenance costs over time.

LG’s energy‑saving refrigerator lineup includes Top Mount, Side‑by‑Side, and Door‑in‑Door models, each tailored to different household sizes, storage needs, and lifestyle preferences. The Top Mount refrigerators offer practical, space‑efficient designs ideal for everyday family use, delivering reliable cooling with optimized energy efficiency.

The LG GN-F452PFAQ model keeps food perfectly fresh with FRESH Converter+ that optimizes temperature as per food items and never runs out of ice with the Auto Ice Maker.

For households that require larger storage capacity and improved organization, Side‑by‑Side models provide generous interior space, improved visibility, and consistent cooling across compartments.

For more design‑conscious consumers, LG’s Door‑in‑Door refrigerators reduce cold air loss by allowing quick access to frequently used items, supporting both energy efficiency and long‑lasting freshness.

At the premium end, LG continues to innovate with advanced models such as the MoodUP™ refrigerator, which combines customizable aesthetics with functional energy‑saving features like the InstaView panel, allowing users to view contents without opening the door and reducing unnecessary cold air loss. This refrigerator comes with a washing machine as a bundle promotion.

According to LG, this range‑based approach reflects a deep understanding of how Nigerian households differ in size, consumption habits, and lifestyle needs.

“Nigerian consumers are becoming more intentional about how they use energy and manage household costs,” said Mr. Oktai Kim, General Manager, Home Appliance Solutions, LG Electronics Nigeria. “By offering a diverse range of inverter‑powered refrigerators, we are giving families the flexibility to choose solutions that suit their homes while delivering long‑term value through energy efficiency and dependable performance.”

Rather than focusing on technology alone, LG’s energy‑saving refrigerator portfolio emphasizes everyday benefits, efficient operation, reliable cooling, and designs that adapt to real living conditions. Available nationwide, LG refrigerators continue to support smarter living and economic resilience, reinforcing the company’s commitment to delivering durable, consumer‑focused home solutions for Nigerian households.


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