News
NITEC’16 To Focus on Disruptive Technologies in Catapulting Africa’s GDP

The organisers of the Nigeria International Technology Exhibition & Conference (NITEC 2016) have promised to leverage the platform to channel attention on disruptive technologies as panaceas to reinventing Africa’s economies.
Mr. Ehi Braimah, managing director and CEO, Neo Media & Marketing and leader of the NITEC team said on Friday that business leaders in Africa, especially entrepreneurs, should not be frightened by the prospect of disruptive technology, rather innovate for relevance
First termed “disruptive innovation,” by Clayton Christenson of the Harvard Business School, the concept entails such an evolutionary process whereby new goods and services replace established competitors, and eventually increase accessibility and affordability for a much larger population.
While speaking on the conference slogan, “Trending Technologies”, Braimah said that African startups must be backed by both the private and public sectors for possible developing of social relevant technological disruption in the likes of Facebook, twitter, WhatsApp, (social media), Uber (transport), Google, Yahoo, Bing (search engines), among others.
To this end, he said that NITEC 2016 is positioned to bridge the gap between the private and public sectors and the international technology community in re-engineering the African technological ecosystem for greater impact on every facet of the society.
He reiterated that NITEC believes that successful leaders are very often entrepreneurs in their own way, who also see the benefits of embracing the “disruptive innovation” perspective.
“NITEC is a way of showcasing that disruptive technology is a big plus to your company in the areas of expanding the market potentials through innovation with new and existing products or services. With disruptive technologies opportunities for the future will present themselves as you open the door for the possibility of something new, while creating a platform for growth. This is what NITEC stands for. No sector of the economy will survive without technology. So, technology should be treated as a lifestyle. What is our lifestyle when it comes to technology? Come to NITEC and discover”, he said.
The Neo Media & Marketing Chief disclosed that, “Already, we have spaces for exhibitors. If you have the technological prowess to change things in the society, come and showcase it. We want to partner you.
“You may wish why exhibit. Top reasons to exhibit at NITEC 2016 include exposure of products & services to thousands of attendees; exhibition booth (2 days); placement of brand logo on event brochure and website; Free Wifi & place banners and share branded gifts at booths.
The NITEC Coordinator listed expected speakers at the conference to include, Barrister Adebayo Shittu, minister of Communications; Segun Ogunsanya, MD/CEO, Airtel Nigeria; Juliet Ehimuan-Chiazor, country manager, Google Nigeria; Tunde Coker, MD, Rack Centre, among other notable innovators in the Nigerian tech ecosystem.
Some of the sessions will include Digital Innovation, Tech Future, Disruptive Hardware, Design and Development. Under these sessions, topics such as Digital Media, Productivity, Smart Cites, Clean-Tech, Energy, Internet of Things, Mobility etc.
Also, interesting side attractions are hacks, interactions, prize winning games and networking sessions for everyone.
And, there will be exhibitions of new tech products, team hacking battles, a variety of tech-related games as well as airtime-winning games using Rafflecopter.com.
“We hope NITEC as an annual event will push Nigeria’s place in the comity of global tech giants. Now is the time to innovate. We have seen the impact of technology on Nollywood contents distribution, entertainment, transport, etc,” he added.
News
Cybervergent Expands to Three New Markets

Cybervergent has launched version 3.0 of its artificial intelligence (AI)-native posture management platform and expanded operations into Kenya, Ghana, and SA.

The move, according to the company, introduces automated risk verification for enterprises and aims to position Africa as a force in digital governance technology.
It goes on to say the latest platform upgrade introduces continuous posture management, replacing traditional point-in-time governance, risk, and compliance reporting with real-time verification systems.
An AI engine independently verifies 99.9% of audit and monitoring findings before they appear on enterprise dashboards, according to Cybervergent.
It says risk management, compliance, audit, and data security operations are integrated into a unified system built for cloud and on-premise environments.
According to Cybervergent, the platform maps more than 4 500 controls across frameworks, including the Nigeria Data Protection Act (NDPA), International Organisation for Standardisation (ISO) 27001, and System and Organisation Controls (SOC) 2.
Cybervergent says the rollout of its first South African customer validates the platform’s readiness for highly regulated enterprise markets and strengthens its expansion strategy across Africa’s leading technology and financial hubs.
The company is also adopting a channel-first deployment model, working with local partners and system integrators in Lagos, Accra and Johannesburg to scale verified security infrastructure for enterprises navigating increasingly complex regulatory demands.
“We built verification into the architecture,” said Ayomide Daniels, co-founder and chief scientist at Cybervergent. “If a finding is not traceable back to source documentation, it does not reach the dashboard.”
Cybervergent rebranded from Infoprivacy in late 2023 to reflect its shift towards AI-automated cybersecurity.
The start-up previously focused on data privacy compliance in the West African market before pivoting to its current integrated posture management model.
News
FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

Federal Government has directed recipients of honorary doctorate degrees to stop using the title “Dr.” before their names, as part of efforts to protect the integrity of academic qualifications and curb the misuse of honorary awards.

Minister of Education, Tunji Alausa
Minister of Education, Tunji Alausa, announced the directive after the approval of the new policy by the Federal Executive Council (FEC).
Alausa said the measure was necessary to address the growing abuse, commercialisation and politicisation of honorary degrees in some tertiary institutions across the country.
He explained that honorary doctorates are symbolic recognitions of outstanding contributions to society and do not equate to earned academic qualifications obtained through rigorous study, research and examination.
“Recipients of honorary doctorate degrees are not entitled to use the title ‘Dr.’ as a prefix to their names in official, professional or academic engagements,” he said.
According to the minister, awardees may instead indicate the honorary distinction after their names using formats such as D.Litt (Honoris Causa), LL.D (Honoris Causa) or other approved honorary designations.
Under the revised policy, only universities with active doctoral programmes will be permitted to confer honorary doctorate awards.
The government also restricted recognised honorary awards to four categories: Doctor of Laws (LL.D), Doctor of Letters (D.Litt), Doctor of Science (D.Sc), and Doctor of Humanities (D.Arts).
In addition, all honorary degree certificates must clearly carry inscriptions such as “Honorary” or “Honoris Causa” to distinguish them from earned academic degrees.
The minister warned universities against indiscriminate conferment of honorary degrees, noting that institutions found violating the directive would face sanctions from the National Universities Commission and the Federal Ministry of Education.
He said the policy was part of broader reforms aimed at restoring credibility to Nigeria’s higher education system and ensuring academic titles are not misrepresented for personal, political or financial gains.
Observers say the development could reshape the long-standing culture where public office holders, business executives and celebrities often adopt the “Dr.” title after receiving honorary awards.
News
Africa Fintech Revenues to Hit $65 billion by 2030 – Report

African fintech revenues are projected to expand 13-fold to approximately $65 billion by 2030, marking the continent as the world’s fastest-growing digital finance market.

The “Beyond Payments: Unlocking Africa’s Second FinTech Wave ” report, released by Boston Consulting Group at the Inclusive FinTech Forum in Kigali, indicates the sector is shifting from transactional inclusion to scalable, infrastructure-driven systems.
While Sub-Saharan Africa accounts for 74% of global mobile money volume, more than 50% of lending still occurs through informal channels, representing a massive gap for B2B payments and data-driven underwriting.
The opportunity now is to convert scale into sustained, institutional-grade growth, says the report. Markets offering regulatory clarity and interoperable infrastructure are becoming increasingly attractive to long-term capital.
Rwanda is highlighted as an example of deliberate institutional coordination that lowers the cost to scale for financial institutions.
Forward-looking regulation and the License Passporting Memorandum of Understanding between Rwanda and Kenya are cited as practical steps toward easing regional expansion.
Financial centres like the Kigali International Financial Centre play a critical role in this next phase by reducing uncertainty for banks and investors.
By combining regulatory clarity and Pan-African integration, they reduce uncertainty for banks, fintechs, and investors, and help position markets as credible, long-term investment destinations.
Africa’s next fintech phase will be led by financial institutions, the report notes. It goes on to say banks and regulated entities are becoming the primary customers of digital financial infrastructure, demanding platforms that align with their risk frameworks.
The report identifies five institutional priorities to sustain momentum: interoperable infrastructure, data-driven credit, regulatory coherence, trust, and resilience.
Building seamless wallet-to-bank integration will enable more efficient value movement, while transforming transaction data into AI-enabled underwriting models will help bridge the gap in SME lending.
Proportional licensing frameworks and predictable supervisory practices will lower the cost to scale for innovators. Furthermore, expanding cybersecurity capabilities will ensure the ecosystem remains reliable as digital usage grows.
Africa has demonstrated that fintech scale is achievable, and the next decade will be shaped by those markets that strengthen their institutional foundations, the report concludes.
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