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NiRA Showcases Investment Opportunities in .ng Domain Names

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Sunday Folayan, NiRA President
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The Nigeria Internet Registration Association (NiRA) said domain names have proven to be in high demand in this present age of ICT business, as many individuals and/or corporate bodies invest huge amounts of money on domain names which in turn generates huge profit.

NiRA said in its e-newsletter that is why individuals and organisations do not need to be the next Google to start making money online.

It is very obvious that Information and Communication Technology (ICT) has contributed highly to the growth of the world’s economy.

With electronic payment, more businesses are now conducted on the Internet, which makes it easy to expand one’s business beyond one’s locality.

According to NiRA, thousands of people are generating income and making good profit by investing on .ng domain names, because it boosts their visibility especially in Nigeria, promote local content and gives their domain name that desired uniqueness. For example, domain names like keep.i.ng, shini.ng, switchto.ng etc.

There are ways you can invest on .ng domain names which include:

Buyi.ng and selli.ng of .ng domain names either as a NiRA Accredited Registrar or Reseller to any of the Accredited Registrars

Developi.ng .ng domain names

As individuals, invest in .ng domains, register a .ng domain name, profit from the vast .ng availability and commercial opportunities.

Buying/Selling of .NG domain names

Nigeria Internet Registration Association (NiRA), the Registry and manager of .NG domain names has a number of Accredited Registrars that market and sell .NG domain names.

These Registrars may choose to employ the services of re-sellers who also sell .NG domain names on their behalf to the Registrants or end-users. Registrars who register domain names at the NiRA Registry provide additional services to the Registrants to boost their patronage and business.

Registrants have options when buying already registered domain names, namely from:

Domain Marketplace: This is where domain name owners list their domain names for sale. These domain names are purchased according to the owner’s terms and conditions.

Expired domains names may also be auctioned here for buyers to compete.

Domain Broker: A domain broker can help you secure your desired .NG domain names, and save you from price inflation and time wastage when you need it.

Most Organizations/Establishment use this method to avoid cybersquatting on their domain names.

Direct contact with the owner of the domain name can help you cut out the middle man thereby reducing the cost of purchase.

The contact information of the owner can be looked up on WHOIS, via the NiRA website,  http://www.nira.org.ng/index.php/nira-support/whois

Developing .NG domain names

This is a potentially rewarding way of making profits from domain names. This can be done by creating full featured websites on the purchased domain names. All .NG domain names have the potential to be valuable.

One way to create value in a domain name is by adding useful content to the site to attract traffic. Obviously this is more challenging compared to buying/selling of domain names as you need to add value to your domain names by putting some content on the website, depending on what you want to do.

You will also need to handle the technical requirements of maintaining the website.

Individual Investment in .ng domain

As an individual, you can invest in .ng domain names as the opportunities are vast. Thousands of people are generating income by investing in .ng domain names. Domain names are Internet real estate, replacing land with virtual property.

Domain names can be bought, generate residual income and developed to increase their value.

Thus, investing in .nG domain names is a great business opportunity. The awareness is increasing and more people are starting to recognize the value of a good domain name and how it can generate income.

 

 


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E-Business

FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

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Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare services.

FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Pic credit….healthreporters.info

The platform, championed by the Pharmacy Council of Nigeria (PCN), is designed to regulate digital pharmaceutical services and improve public health outcomes.

Inaugurating the platform, Prof. Ali Pate, coordinating minister of Health and Social Welfare, said the initiative signified Nigeria’s commitment to building a world-class regulatory environment.

Pate noted that pharmacy regulation had faced significant challenges for over three decades but expressed optimism that the new platform would strengthen oversight and accountability.

He said the initiative would enable evidence-based monitoring of pharmaceutical practices while supporting innovation and investment in the health sector.

“This launch is a testament to our collective commitment to advancing technology in the service of health, safety and human dignity.

“It is a decisive step to ensure that pharmaceutical practice in Nigeria aligns with national and global health priorities, reflecting the realities of the 21st century.

“It enables the country to adopt evidence-based approaches to monitoring and protecting public health while supporting innovation and investment,” he said.

The minister added that the platform would help establish a safe, accessible and well-regulated national e-pharmacy ecosystem driven by digital technology.

Earlier, Alhaji Ibrahim Ahmed, registrar/chief executive officer of PCN, said the need to regulate online pharmacy operations became more urgent during the COVID-19 pandemic.

Ahmed said the pandemic accelerated the adoption of digital tools and e-commerce in healthcare, exposing longstanding inefficiencies in pharmaceutical supply chains, particularly in Africa and Nigeria.

“This has led to the increasing adoption of digitised distribution of essential medicines through cost-effective and technology-enabled models.

“For decades, PCN has regulated pharmacy education, training, practice and business in Nigeria. However, as the world shifts towards digital solutions, access to medicines has evolved.

“The Electronic Pharmacy Regulations 2026 provide a comprehensive legal and technical framework for the registration, licensing, operation and oversight of digital pharmaceutical services,” he said.

He added that the framework would ensure that ethical standards and patient safety are not compromised in the delivery of online pharmaceutical services.


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Flutterwave Targets Anambra as South-East Tech Hub

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Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the Central Bank of Nigeria (CBN) to boost local fintech and businesses.

Flutterwave Targets Anambra as South-East Tech Hub

Flutterwave

Agboola made the disclosure yesterday in Awka during a meeting with Anambra tech community leaders, hosted alongside Dr. Stanley Uzochukwu, CEO, Stanel Group and proprietor, Delborough Hotel.

He highlighted Flutterwave’s status as Africa’s leading payment system, born in Nigeria, with infrastructure powering companies nationwide.

“We want Anambra to be our hub for the entire South East,” Agboola said. “We’ll deploy our systems, fees, infrastructure, and POS terminals to every small business and large firm here, making our services the top consumer choice.”

Agboola pledged a massive impact program for Anambra entrepreneurs to foster global platforms from the state, enabled by the new license for faster growth.

For a decade, Flutterwave has facilitated payments, but now aims to empower South East businesses through partnerships, POS access, loans, and value for SMEs.

“We’re partnering on a huge impact program launching soon—impacting the tech community with technology, financing, and lending to create more millionaires from this city,” he added.


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NESREA, ACMTI, Others Launch Carbon Utilisation Initiative in Nigeria

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The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with the Africa Carbon Management Technology & Innovation (ACMTI) and the Clean Energy Ministerial Carbon Capture, Utilisation and Storage Initiative (CEM-CCUS), has launched a Carbon Capture, Utilisation and Storage (CCUS) Initiative Platform in Nigeria.

Speaking at the launch in Port Harcourt, Rivers State, Prof. Innocent Barikor, the Director-General of NESREA, described the project as a major milestone in Nigeria’s journey toward environmental sustainability, climate resilience, and industrial transformation.

Barikor explained that the CCUS solution provides an economically viable pathway for industrial decarbonisation by enabling the capture, storage, and utilisation of carbon in sectors such as beverage production, cement manufacturing, chemicals and fuels, enhanced oil recovery, and agriculture.

“We need to reduce carbon in the atmosphere to acceptable levels. Its utilisation offers opportunities to capture and store carbon and deploy it for industrial purposes. We are building a circular economy—turning environmental challenges into economic opportunities in line with regulatory provisions,” he said.

He noted that the CCUS Platform is a collaborative ecosystem designed to bring together key stakeholders, including government institutions, industry leaders, academia, technology developers, development partners, and investors.

Also speaking, the Vice-Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, commended NESREA for the initiative, describing it as a practical mechanism for coordination, innovation, and action toward Nigeria’s 2035 climate targets and broader energy transition goals.

He added that the university is well-positioned to host the CCUS initiative, noting that its Energy Technology Institute has developed credible expertise in energy transition-related fields critical to the success of CCUS in Nigeria.

On his part, the Coordinator of ACMTI and Facilitator of the Carbon Technology Innovation Platform (CTIP), Dr. Richard Victor Osu, said the vision is to position Nigeria as a regional leader in carbon management technologies while contributing meaningfully to Africa’s climate commitments and global decarbonisation efforts.

Osu explained that Port Harcourt was selected due to its potential as a CCUS hub, adding that the platform will focus on advancing research and innovation, building technical capacity, promoting public-private partnerships, attracting investment, and fostering collaboration with international research and technology partners.

Juho Lipponen of the CEM-CCUS Initiative assured that the organisation would support Nigeria in prioritising CCUS in clean energy discussions, strengthening carbon management deployment programmes, boosting partnerships, facilitating financing solutions, and promoting positive narratives around carbon utilisation.

The event attracted participants from the United States, France, Brazil, Canada, the United Arab Emirates, and the United Kingdom, who shared insights on the initiative.

Also in attendance were representatives of the National Oil Spill Detection and Response Agency (NOSDRA), the National Council on Climate Change (NCCC), the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Rivers State Ministry of Environment, as well as private sector stakeholders and development partners.


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