General News
Draft ICT Policy: Vote for Guided Convergence
The diverse responses to the draft national ICT policy clearly show the excitement and eagerness of stakeholders to drive growth in the ICT industry. The policy document is aimed at making Nigeria a knowledge-based and globally competitive society. Incidentally, the vision and mission of the document seem at variance with global realities of business competitiveness. Though, the policy document is still a statement of intent, a peep at the policy reveals yearning gaps that may constitute roadblocks to the attainment of a modern and forward looking Information and Communications Technology framework in Nigeria. The ministry of Communications technology got it wrong from day one when it selected an ad-hoc committee with a narrow scope of terms of reference. The committee headed by Professor Raymond Akwule, a distinguished ICT expert with membership drawn from government institutions, was to harmonize all the policies in the different sectors of the ICT industry. But, the committee’s draft appeared to have gone beyond the terms of reference as it contained far reaching recommendations which undoubtedly, were very limited in scope, content and direction. This is because the committee was not broad based with representatives of the various sectors of the industry, including the private sector which is currently driving the sector and the result is the shallow and almost dictatorial draft policy. For instance, the committee which drafted the policy envisages a converged regulator through a policy framework but the realities of the modern day and happenings elsewhere around the world shows that convergence is function of technology and not by fiat. Bringing all ICT regulatory apparatus under a single converged eco-system, sound, as it may appear ordinarily would in the actual sense drive recent gains made by some sub-sectors backward. Nigeria CommunicationsWeek‘s stand is that convergence is a good policy framework. Implementation could become ambiguous with the various existing ‘autonomous’ regulators seeking to alienate those which functions are expected to be consumed under the ‘converged industry’ eco-system. It is pertinent to warn the immediate collapse of the distinct functions of the separate government entities immediately into one converged regulator will do more harm to the industry than good. How do we intend to work-out the converged framework bringing together postal/telecom/computer and allied sectors under a managed eco-system? While regulatory agency with similar functions like NCC/NBC could converge into a single regulatory framework like the United States’ FCC; the same cannot be said of the postal sector coming under the same framework. Rather, the postal sector could be strengthened with a postal service commission to make it become more effective economic player within the ICT regulatory eco-system. Others like Computers, OEMs, software and allied sectors could also be strengthened with relevant legal/legislative backing to bringing the much needed FDI and drive towards the attainment of Nigeria’s Vision 20: 2020 goal objective. The confiscation and appropriation of regulatory autonomy rings chaos especially with the various ACTs setting up the various agencies. Also wresting powers of the Universal Services Provision Fund (USPF) from the Nigerian Communications Commission (NCC) by the ministry as provided in the draft policy will only create a dysfunctional process. First, government has no business in running businesses. A private sector-like set up like the NCC can run the USPF better that any government ministry replete with inefficiency and corruption. Ministries and the supervising ministers could be changed anytime meaning that adequate monitoring and judicious use of the Fund cannot be entrusted on such erratic offices or officers. The ICT industry is too homogonous to be guided by a policy put together by bureaucratic civil servants who only do as they are told. That why ICT policy did not have any specific prescription on how to rejig the national school curriculum to include ICT education that produce the Bill Gates of this world in Nigeria. The policy also took for granted the issues like cybercrime and lack of laws to govern the Central Bank of Nigeria’s cashless policy. Overall, the general assumption is that a draft policy must contain a rolling plan but this policy being bandied about clearly has no signposts. As long as there are no measurable performance indicators, the policy is floating. You cannot manage what you cannot measure. A draft ICT policy is not also the job of a consultant who takes your watch and tells you what time it is. It must be one that the industry is looking at and monitoring at the same time. Another major oversight underscoring the poor job by the committee is the total neglect of the red flags to the development of the industry including the issues of multiple taxation and security of ICT infrastructure.
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.
General News
Zedvance Hits ₦96bn Lending Milestone, Eyes ₦250bn Target in 2026

Zedvance Finance Limited, a leading provider of consumer and business financing solutions in Nigeria, has disbursed over ₦96 billion in funding to support commercial businesses across the country, establishing its strong positioning beyond retail lending and reinforcing its commitment to bridging the gap between enterprise growth and access to timely financing solutions.

Zedvance
Leveraging its 11-year legacy, Zedvance’s Commercial Solutions business, launched in 2025, has in just one year become a major driver of credit expansion, achieving one of the highest loan disbursement rates among financial institutions, empowering thousands of local enterprises and boosting economic growth.
The business has consistently supported enterprises across key sectors of the economy, including oil & gas, automotive, logistics, renewable energy, fintech, e-commerce, trade distribution value chains, agri-businesses and others.
Through offerings such as working capital, invoice/PO financing, equipment and trade finance, and ecosystem-based solutions, Zedvance enables access to liquidity for buy-now-pay-later providers, asset acquisition, and cross-border credit lines for imports & exports, aiding business expansion and strengthening operational resilience in a dynamic economic environment.
Speaking on the importance of flexible and tailored financing, Group Managing Director of Zedcrest Group, Adedayo Amzat, CFA, noted that Zedvance Finance, operates a model that is specifically purpose-built to bridge financing gaps and support business growth.
“We are proud of our accomplishments so far, especially the impact we’ve made in sectors that are critical to economic development. For instance, through solar and asset on-lending, we have helped to expand energy access and improve income opportunities for gig workers by financing mobility asset platforms across Nigeria.
“Because our customers are at the heart of our business, we were intentional about designing our flagship product, ‘Liquidity Solutions’ to allow businesses unlock faster credit delivery across all high-growth sectors. This has proven impactful as we continue to witness our clients record great successes,” Amzat said.
Highlighting the unique value of the offering, Amzat added that Liquidity Solutions provides tailored financing structures such as inventory purchase, invoice financing, and import financing, which empower businesses to optimise cash flow, accelerate turnover, and scale with confidence.
Commenting, Ayooluwa Oladimeji, Ag. Executive Director, Commercial Solutions, explained that Zedvance leverages technology, product innovation, deep sector expertise and risk-moderated structures to deploy diverse funding solutions, including multi-currency credit lines, BNPL facilities, and equipment financing across automotive, renewable energy, manufacturing, fintech, and trade distribution sectors.
“In 2025 alone, Zedvance Commercial Solution business recorded tremendous growth, driven by strong partnerships and a rapidly expanding portfolio.
“We are proud to have supported a range of businesses including; Shekel Mobility, Tradegrid, Sapphire, CredPal and other ecosystem partners.
“Beyond these successes, our focus remains on strengthening credit access across Africa’s commercial ecosystems to enable businesses scale with confidence and resilience”, he said
Building on its strong momentum, Zedvance is poised to expand its reach further in 2026, targeting over ₦250 billion in funding across key economic sectors including off-grid power, smart devices and home equipment, vehicle dealerships and mobility platforms, agribusiness and manufacturing, consumer and industrial goods distribution and hospitality.
This expansion reinforces its mission to accelerate enterprise growth by providing faster and broader access to credit across Africa.
General News
Mojisola Sayo-Kazeem Reflects on Leadership, Opportunity, Women in Tech @ IWD

As the world marks International Women’s Day, Mojisola Sayo-Kazeem, Head of Finance, Jumia Nigeria & Ghana, reflects on how giving opportunity, mentorship, and support helps women thrive and strengthens organisations.

The future of work is digital, and for women it presents immense opportunities to innovate, lead, and shape the global economy. Yet thriving in a fast-paced, data-driven environment requires more than ambition or technical expertise. It requires opportunity and leadership that intentionally creates space for people to grow.
Reflecting on my own journey, I am reminded of how powerful those opportunities can be. I joined Jumia in 2012 as an accountant and, over time, grew into my current role as Head of Finance for Nigeria and Ghana.
Each stage of that journey came with new responsibilities and lessons that shaped my leadership perspective. One thing has become clear: growth rarely happens in isolation. It flourishes in environments where people are trusted, challenged, and supported to reach their full potential.
One of the most defining pillars of my career has been working within an organisation that invests in talent and encourages merit-based growth. At Jumia, a guiding principle is simple: let the best people and ideas grow. When organisations prioritise capability and innovation rather than bias, they create environments where individuals can thrive, and leadership potential can emerge naturally.
Leadership plays a crucial role in making this possible. Good leadership sharpens growth and experience, not only for the leader but for the teams they support. I have benefitted from leaders who shared knowledge, offered guidance, and entrusted me with meaningful responsibilities. Those opportunities challenged me to expand my skills, strengthen my judgement, and grow into larger leadership roles.
One experience that stands out was leading my team through the launch of a new business line under the guidance of our CFO. It demanded greater accountability, transparency, and strategic thinking. Looking back, it was more than a professional milestone, it was an opportunity to deepen my expertise and strengthen my leadership capacity.
Moments like these remind me that opportunity is one of the most powerful investments leaders can make in people. I also recognise and commend the many leaders who are already creating pathways for women to grow, lead, and contribute meaningfully. Their commitment to fairness, mentorship, and inclusion continues to open doors for others.
But there is still more to be done. As we mark International Women’s Day, this year’s theme, “Give to Gain,” invites leaders to reflect and to act. It challenges us to go beyond good intentions and intentionally create opportunities for women to grow and thrive based on merit, not favouritism or bias. This means sharing knowledge, investing in development, offering mentorship, and trusting capable women with meaningful responsibilities.
When we do this, we strengthen the people and institutions around us. Teams become more confident and capable, organisations become more resilient, and leadership pipelines become stronger and more diverse.
This year’s International Women’s Day theme, Give to Gain, reminds us that generosity is not subtraction, it is multiplication. When people, organisations, and communities give time, knowledge, visibility, advocacy, and support, opportunities for women expand. And when women thrive, industries, economies, and societies thrive with them.
When we give, we gain. The question for all of us is simple: What will you give to gain gender equality?
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