General News
Legislation Drives Demand for Sage’s Payroll Software –Nmonwu

Magnus Nmonwu is the regional director for Sage West Africa. He speaks to Peter Ugwu about the latest trends in the Nigerian business software market.
What is Sage Day West Africa 2015?
This is the first time that Sage’s three key operating entities in Africa – Sage Pastel Accounting, Sage ERP Africa and Sage HR & Payroll – are coming together to showcase our solutions. That is why we tagged it Sage Day West Africa.
Adoption of Financial and Payroll Software in Nigeria?
Compliance is getting a lot of attention from organizations and businesses operating in Nigeria. People need to report on business operations in a way that follows international standards – and to do that, they need the right business software.
All our solutions are built to enable compliance with standards such as the International Finance Reporting Standards (IFRS), the Financial Reporting Council of Nigeria (FRCN), and the International Public Sector Accounting Standard (IPSAS). We have compliant solutions that cut across small, medium and large enterprises. And they produce financial reports that will withstand any international scrutiny.
Sectors Feeling around Compliance
Businesses that want to grow must adopt healthy practices in governance and reporting, and also be able to made decisions faster.
Every sector has to comply with IFRS – in fact, the final milestone for compliance was January 2014. Those that fail to comply will struggle to attract investors and even international customers.
In our workshops, we showed clients what changes they need to make in gathering, analyzing and reporting on financial information to ensure compliance.
Technology makes it easier to collect accurate data and produce reports that comply with regulations and accounting standards.
Government Departments Embracing Compliance
A number of states, electricity distribution companies, and federal parastatals in Nigeria are already implementing Sage solutions such as Sage ERP X3, Sage One, Sage Evolution and Sage Human Resources Management,
They are paying more attention than ever to aligning their reporting standards, governance, and risk management with international standards, especially IFRS. Compliance to international standards will subtly compel every government agency and department to adopt software in this regard.
Sage Role in e-Commerce, e-Payment and Software Integration
We are actually playing an important role in the Nigerian e-commerce space through projects with our key customers.
Recently, we met a commercial bank that supports small and medium enterprises (SMEs) and wants to put up a platform where these SMEs can do business.
On the payroll side, we are in discussions with partners to create payment gateway for an end-to-end smooth payment process, where companies will be able to pay salaries with a click of a mouse.
Trends in the Telecommunication Industry
The network operators are open to adopting software that offers seamless and agile features. We are presently in discussions with two of the big four telecom companies in Nigeria.
They are more willing than ever to consider adopting software produced outside Europe or India.
How is Sage Different from Competitors?
In addition to our offices and partner in key African countries, we have support from team members at headquarters who understand the nuances in each country.
So, even if you are a client in Botswana, Ghana, or Nigeria, a click of a button can connect you with a consultant who can help you resolve any issues the local support team or business partner cannot address.
Secondly, we are abreast of the latest trends in legislation. Legislation drives payroll software. Often, software imported from the United Kingdom will not meet the needs of Nigeria’s tax authorities.
Sage has invested in a team that interacts with revenue authorities across all the countries where our solutions are used. If there are changes in legislation, we are quick to adapt our software.
For instance, when the Personal Income Tax (Act) in Nigeria changed, the Gazette copy was made public in February 2012 and was backdated to June 2011, Sage was one of the few companies that were able to make quick changes.
Threat of Data being Stolen or Lost as they use Accounting and Payroll Software in the Cloud
I will start by asking, if millions of Nigerians are on Facebook, Twitter, Google+, among others, have any concerns about their personal pictures and data.
My Facebook page has never been hacked. Where the data center is, you and I don’t know, but any time I want the information, it’s there and it’s secure.
A good online partner will have very strong information security in place. However, I feel there is need for legislation around datacenter and data hosting to protect people’s and companies’ sensitive data. .
Certain laws mean that payroll data cannot be hosted outside Nigeria. We need to be quick as a country to modernize our laws to ensure our businesses can take advantage of the efficiencies of the cloud. For us at Sage, we are working with partners for local hosting of a number of our solutions in the cloud and we see it as the future of business software,
Benefits of Sage ERP X3
As a cloud solution, Sage ERP X3 is aimed at businesses who value the ease of deployment, accessibility, simple management and low cost of ownership of service, without compromising the functionality and scalability of Sage ERP X3 version 7. Sage ERP X3 version 7 now has web standards, usability and mobility at its core, allowing mid-sized organisations the ability to get more done faster and on the move.
Even if the Chief Executive Officer is on holiday in the Caribbean, smartphones and other mobile devices give him direct access to the same data he can access in the office. Today, you cannot be in the office 24/7.
There are other pressing matters to attend to, such as conferences, and other engagements. Now, with your smartphone or tablet, you can check your inventories, customer data, paperwork, and so on, where you are.
Sage’s investment in Nigeria
At Sage, we have always targeted Nigeria as an investment destination. We have the view that a multinational without an interest in Nigeria, Africa by extension, is not ready to operate in this continent. Nigeria is Africa’s largest economy, and we are here to stay.
Sage Offer for SMEs
Sage is presently partnering with a number of SME initiatives in Nigeria, to assist them with their growth.
What we are doing in this regard, is that we have developed a number of solutions built with the users in mind, which would cater for the startups and small companies.
This solution is very affordable and easy to use, The users don’t require any IT hardware of infrastructure to own the software. More features can be obtained by visiting the Sage office or contacting us online.
General News
FG Mulls Age Restriction for Kids on Social Media

Federal government has said that it is evaluating potential policy approaches for the protection of children online, including age restrictions.

In a statement by Bosun Tijani, minister of Communications, Innovation, and Digital Economy, said that, while the internet offers significant opportunities for learning, creativity, and communication, it also exposes children to risks such as cyberbullying, harmful content, online exploitation, misuse of personal data, and emerging challenges linked to artificial intelligence tools.
“As Nigeria evaluates potential policy approaches for protection of children online, including age restrictions, improved age verification systems, platform accountability measures, and enhanced regulatory oversight, public input is essential to ensure that any framework adopted reflects national priorities, respects children’s rights, and responds to the realities of Nigeria’s digital landscape”, Tijani said in the statement.
He encouraged parents, educators, young people, digital professionals, and all stakeholders to share their perspectives on the critical issue by completing a survey, which he noted would shape evidence-based policies.
“As Nigeria evaluates possible policy options, it is important that any approach reflects national priorities, respects children’s rights, and responds effectively to the realities of the country’s digital landscape,” the Ministry stated in a policy note accompanying the survey.
Nigeria has witnessed rapid growth in internet and social media usage over the past decade, driven largely by increased smartphone adoption and expanding mobile broadband networks.
According to Dr. Vincent Olatunji, national commissioner, Nigeria Data Protection Commission (NDPC), more than 40 million Nigerians spend an average of six hours daily on social media.
General News
More Nigerians Emerge Millionaires in Week 9 of NIVEA’s Consumer Campaign

NIVEA’s landmark ₦3 Billion National Consumer Promotion has successfully completed its ninth weekly draw, sustaining nationwide excitement as thousands of Nigerians continue to win instant and life-changing rewards across the country.

At the Week 9 draw, held on Thursday, March 5, another group of lucky consumers joined the growing community of winners created by the campaign.
Among the standout winners were Ruth Stephen from Enugu and Ayomide Oriola from Ibadan, who each received ₦1,000,000, further demonstrating the campaign’s reach and credibility across diverse regions of Nigeria.
Reacting to her win, Ruth Stephen described the experience as overwhelming and unforgettable.
“I was very happy when I got the call and was smiling throughout the day because I’ve never been this lucky. I will just pay my tithe from the prize money and save the rest until I know what to do with it,” she said.
For Ayomide Oriola, the surprise million-naira reward turned an ordinary purchase into a life-changing moment.
“I was surprised to hear from Nivea that I’d won the one million. And it was a very pleasant surprise for me. I will invest in my kiddies’ wear business to expand more than it is already,” she shared.
With nine successful draws now completed, the ₦3 billion promotion has produced well over 550,000 winners nationwide. So far:
- 90 consumers have won and redeemed ₦1 million each
- Over 450,000 winners have received ₦50,000 Jumia shopping vouchers
- Approximately 550,000 participants have enjoyed ₦1,000 instant airtime rewards
Despite these impressive milestones, NIVEA emphasizes that the promotion is still ongoing, with several weeks of rewards, including major grand prizes, yet to be won.
Participation remains simple:
- Purchase any NIVEA 400ml Body Lotion variant – Cocoa, Rich Nourishing, Even Glow, Advanced Care, Perfect & Radiant, or Deep
- Locate the unique code on the pack
- Scratch and dial 7022*code# and follow the prompts
- Receive ₦1,000 instant airtime and automatic entry into weekly draws
The “Double the Care, Double the Glow” campaign continues to combine everyday skincare with tangible consumer rewards, steadily building anticipation toward the grand finale of the twelve-week promotion.
At the end of the campaign, participants stand a chance to win ₦5 million, ₦3 million, ₦2 million, three brand new SUVs, and ten all-expense-paid trips to Spain to watch Real Madrid live at the Santiago Bernabéu Stadium – a benefit tied to NIVEA’s global partnership with Real Madrid CF.
Speaking on the ninth draw milestone, Fiyin Toyo, Marketing Director for Central, East & West Africa (CEWA) at Beiersdorf, highlighted the growing trust consumers are placing in the campaign.
“Reaching the ninth draw is a powerful reminder of what happens when a brand consistently delivers on its promise. Every week, Nigerians across different cities and communities are seeing real people win, and that transparency continues to strengthen confidence in the promotion. As we move closer to the grand finale, our message remains simple – every purchase still holds opportunity, and the biggest rewards are still ahead.”
She reiterated that every eligible purchase guarantees instant value while offering multiple chances to win before the promotion concludes.
The ₦3 Billion Consumer Promotion is fully approved and regulated by the National Lottery Regulatory Commission (NLRC), Lagos State Lotteries and Gaming Authority (LSLGA), and the Federal Competition and Consumer Protection Commission (FCCPC), ensuring a transparent and credible process.
As the campaign advances beyond its ninth draw, NIVEA encourages consumers nationwide to keep participating, reminding Nigerians that the promotion remains live, accessible, and rewarding every week.
Through this initiative, NIVEA continues to reinforce its leadership in skincare while delivering on its enduring promise of Double Care, Double Glow, and Double Value for consumers across Nigeria.
General News
NICA Confers Professional Fellowship on Uche Uzoebo

The National Institute of Credit Administration (NICA) has conferred its Professional Fellowship on Mrs. Uche Uzoebo, Managing Director of Shared Agent Network Expansion Facilities (SANEF).

The recognition was announced in Lagos during the investiture of Dr. (Mrs.) Markie Idowu as the Institute’s new President.
In his welcome address, Prof. Chris Onalo, Registrar/CEO of NICA, noted that the National Institute of Credit Administration distinguishes itself from other professional bodies through its unwavering commitment to advancing credit management, promoting professionalism, and empowering Nigerians with credit literacy.
“Unlike many other institutes, NICA recognizes that credit management is a lifeline of commerce, influencing every aspect of business, social, and economic life. Through this commitment, the Institute continues to shape Nigeria’s economic future towards sustainable growth,” he stated.
The Fellowship represents the Institute’s highest professional distinction and is conferred on individuals whose leadership has significantly strengthened Nigeria’s credit environment, institutional governance frameworks, and the integrity of the financial system.
This recognition also comes at a significant moment globally as the world commemorates International Women’s Day, underscoring the growing recognition of women’s leadership and contributions across industries, particularly in finance, governance, and economic development.
The ceremony brought together senior financial sector executives, policymakers, regulators, and distinguished guests to celebrate excellence in credit administration and professional practice.
The Institute described Mrs. Uche Uzoebo as a seasoned business executive and financial services leader with over two decades of professional experience spanning banking, digital payments, and financial services.
A proven change agent, she brings deep expertise across digital payments, financial inclusion, agency banking, product and business development, merchant acquiring, as well as corporate, commercial, and retail banking.
Her leadership has been instrumental in advancing secure and inclusive digital financial services, strengthening payment systems, and expanding last-mile access to financial services across underserved communities in Nigeria.
Through SANEF and related initiatives, she has supported economic empowerment and financial inclusion by expanding agent networks, promoting financial literacy, and championing innovative technology-enabled solutions.
Passionate about gender inclusion and women’s economic empowerment, Uzoebo is also a gender specialist and advocate with a strong focus on supporting women entrepreneurs and breaking structural economic barriers.
As a certified trainer, she designs and delivers high-impact capacity-building programmes for individuals, youth, women, and organizations, enabling sustainable growth and improved performance.
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