General News
Local Firms Yet to Leverage on Big-Data-Adisa

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.
General News
CAC Lists 15 Unregistered Firms Operating in Nigeria

Corporate Affairs Commission (CAC) has warned Nigerians against dealing with 15 unregistered entities using company names and registration numbers that are not in the commission’s records.

In a public notice signed by CAC Management, the commission said it had discovered the use of purported company names and RC numbers that are not registered with the CAC, urging the public to disregard them and verify all business information directly from its portal.
“The CAC remains committed to protecting the integrity of the Companies Register, upholding the law, and ensuring a safe and transparent business environment in Nigeria,” the CAC said.
According to the notice, the following are the entities not registered with the CAC:
Famas Services Nigeria Limited (RC: 216312)
Promo Dutch Investment Limited (RC: 396654)
Dialack Concept Nig. Ltd (RC: 297772)
Purpleheart Construction and Real Estate Mgt. Co. Ltd (RC: 1210548)
M/S Loktu Enterprises (BN: 373466)
Loktu Enterprises (BN: 400390)
Badatoyak Ltd (RC: 521322)
Johson Nats Limited (RC: 198492)
Peoples Club Nigeria International (CAC/IT/41191)
Jiba Enterprise (BN: 577523)
Civil Engineering Solutions Nigeria Limited (RC: 33001)
Gabdoff Hotel Ltd (RC: 112409)
Amoka Group (BN: 545221)
BEEC Nigeria Limited (RC: 30143)
- Adetunji (BN: 657466)
Explaining the reason for the commission’s publication, the statement noted that it aligns with its statutory role of maintaining an accurate and reliable companies register, protecting investors, and preventing fraudulent activities in the business environment.
The commission urged Nigerians to always confirm the status of any company or business name through its official portal.
General News
IHS Nigeria Leads Gender Based Violence Awareness Walk, Reaffirms Zero Tolerance with Advocacy Seminar

Demonstrating unwavering commitment to a safe and dignified workplace, IHS Nigeria held an awareness walk followed by a high-impact seminar as part of activities to commemorate the global 16 days of activism to End Gender-Based Violence against women and girls.

The initiative underscored the organisation’s ongoing efforts to sensitize the community, educate employees, strengthen internal safeguards, and reinforce its zero-tolerance policy for all forms of harassment and abuse.
After the walk along Adeola Odeku and Idejo Streets on Victoria Island, employees convened for a seminar at the IHS Nigeria corporate head office, where Bukola Konkwo, Associate Director, Operations Excellence IHS Nigeria and one of the leaders of the Women in IHS Network (WIIN), reiterated the organisation’s position on gender-based violence in her opening remarks:
“Violence does not discriminate, and neither should our compassion. At IHS Nigeria, boldness is not just a value on paper, it is a call to action. We are intentional about ensuring every employee feels safe, respected, and empowered.”
The seminar featured two leading voices in Gender Based Violence advocacy. Titiola Vivour Adeniyi, the Executive Secretary of the Lagos State Domestic and Sexual Violence Agency and Nwanne Okafor, Victimologist and Gender Based Violence Advocate. Speaking during the seminar, Titilope stressed the urgency of prevention and education:
“Gender-based violence is not a special-class problem. Anybody can be a victim. Our responsibility is to know the signs, protect one another, and intervene early. When we know better, we do better.”
She also encouraged organisations to prioritise consent education, confidential reporting, and background checks, practices IHS Nigeria has already integrated through its Safe Zone Committee, a confidential support system for staff.
Nwanne Okafor, also spoke on the role of colleagues in recognizing and responding to abuse in the workplace:
“Many victims don’t need you to fix their situation, they need your support, your sensitivity, and your discretion. Speak up when necessary. Silence gives violence permission.”
Her session included real-life cases that underscored how abuse affects workplace productivity, mental health, and safety.
The awareness walk, saw both male and female staff members from across various departments marching in solidarity with survivors and advocates worldwide and served as a public declaration of IHS Nigeria’s commitment to building a culture rooted in respect, safety, and accountability.
Reinforcing IHS Nigeria’s stand, during her closing remarks, Titilope Oguntuga, Director, Sustainability, IHS Nigeria, captured the spirit of the event:
“This conversation doesn’t end today. Now that we know better, we must all do better, by advocating, supporting, and actively contributing to a workplace free of violence in any form.”
IHS Nigeria continues to strengthen its internal systems, policy frameworks, training programs, safe reporting channels, and continuous awareness sessions, to ensure that every employee is protected and empowered. The organisation reaffirms its zero-tolerance policy for any form of harassment, abuse, or violence, and remains committed to leading the corporate sector in progressive, people-centered safety standards.
General News
Nigeria’s GDP Rises to 3.98% in Q3 2025, Driven by Agriculture, ICT, and Finance

Nigeria’s economy expanded by $3.98$ per cent in the third quarter of 2025, according to the latest Gross Domestic Product (GDP) report released by the National Bureau of Statistics (NBS) on Monday.

GDP
This growth rate marks a slight improvement from the $3.86$ per cent recorded in the same period of 2024.The report highlights a mixed but generally positive recovery across key sectors. Aggregate GDP in real terms stood at ₦57.03 trillion, up from ₦54.85 trillion in Q3 2024.
The Services sector remained the largest contributor to overall output at $53.02$ per cent, followed by Agriculture at $31.21$ per cent. Key growth drivers included crop production, telecommunications, real estate, trade, and financial services.
The non-oil sector continued to be the main engine of the economy, expanding by $3.91$ per cent. This strong performance outpaced both Q3 2024 ($3.79$ per cent) and Q2 2025 ($3.64$ per cent). Agriculture grew by $3.79$ per cent, driven predominantly by crop production.
The Information and Communication Technology (ICT) sector posted a particularly strong real growth of $5.78$ per cent, with its contribution to real GDP rising to $9.10$ per cent. Furthermore, Financial and Insurance Services recorded a significant real growth of $19.63$ per cent.
In contrast, real growth in the Manufacturing sector slowed to $1.25$ per cent, down from $1.74$ per cent in the previous quarter.
The oil sector posted a real growth of $5.84$ per cent, a marginal increase from $5.66$ per cent in Q3 2024. This growth was linked to an average crude oil production rise to $1.64$ million barrels per day (mbpd), up from $1.47$ mbpd a year earlier.
Despite this positive change in output, the sector’s contribution to real GDP remains modest at **$3.44$ per cent$.Statistician-General of the Federation, Prince Adeyemi Adeniran, noted that while most sectors sustained positive momentum, growth remains uneven.
Strong gains in ICT, finance, agriculture, and trade were crucial in stabilizing overall output. This data aligns with projections from the International Monetary Fund (IMF), which, in October 2025, revised Nigeria’s 2025 growth outlook upward to $3.9$ per cent, citing higher oil production, stronger investor confidence, and a supportive fiscal stance as key drivers.
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