E-Business
Pirated Software: Huge Financial & Legal Risk for West African Businesses- Nmonwu

West African business builders are beginning to embrace the benefits of legally licensed business management software, understanding how these solutions power their operations to greater efficiency.
Though many understand how pirated software could hurt their bottom line in the long run, the rate of software piracy in the region nonetheless remains high by world standards.
That’s according to Magnus Nmonwu, regional director for Sage in West Africa, who defines software piracy as the unauthorised duplication, distribution or use of business management software.
This is an illegal practice that is subject to civil and criminal penalties and it occurs in the following forms, amongst others: “End-user copying: When one person buys a legally licensed piece of software and then allows more friends, business colleagues and family to copy the application than he or she has licenses for;
“Illegal downloading: When someone downloads an illegal copy of the software from the Internet or unapproved sources.
” Volume software license copying: When businesses underreport the number of computers on which the software is installed so that they can pay for fewer copies than they are actually using; Reseller copying: When resellers pass software onto their clients for free rather than selling a license.
“Duplicating solution: When resellers purchase a single licence or disc and then deploy it to several customers without giving the customers then necessary license codes and Counterfeiting: Criminals copy the software and collateral, such as manuals, and sell it as the original product.
Software piracy undermines economic development and also potentially costs companies more in legal penalties and reputational damages than they would need to pay for legally licenced solutions.
Barrister Adebayo Shittu, Nigerian Minister of Communications, has been quoted saying thatNigeria loses about $287 million to software piracy each year, and this has to stop.
Software Piracy is Bad for Business
According to Nmonwu, software piracy is far from the victimless crime many businesses imagine it to be. Piracy robs computer resellers and software vendors of their hard-earned revenues.
This, in turn, undermines the ICT industry’s ability to create jobs, invest in product research and development, and pay taxes, said Nmonwu.
Local resellers suffer because they don’t get the revenues they need to invest in their businesses. The only party that benefits from software piracy is the criminal profiting off someone else’s work and intellectual property.
In some cases, pirates have ties to other organised crime activities, so software piracy can sponsor even worse crimes such as drug and human trafficking.
What’s more, said Nmonwu, there is a very good chance that the pirated software you buy from an unethical retailer or downloaded via the Internet will contain some spyware or malware.
These unwanted extras are harmful to your computers and open you up to data breaches or data theft. Indeed, in some cases the motivation for giving or selling you pirated software is to plant a virus or key-logging software on your computer to steal your information.
Another drawback of pirated software is that you will not have access to the vendor’s technical support or the latest patches and updates, including those that cater for regulatory and legislative changes in in the countries where you operate.
This will mean that you will not be able to use the full set of functionality in your product or keep it updated with the latest security features and fixes.
Using pirated software also denies the product owners access to feedback from end-users, which they use for research and development aimed at making the software better for everyone.
Responsible organisations must mitigate both financial and legal risk by ensuring that they have the correct license keys and codes for the business management solutions that power their operations.
This can be done by contacting the software vendor to ascertain whether the software is genuine; if it’s not, the vendor will help you to become legit.
“In a time of seismic technological change and digital invention, our smart people use the smartest technology to reinvent and simplify business accounting. We enable our customers to focus on their business and help them to leapfrog to the future,” said Nmonwu. “It is only through the support of our customers that we are able to keep investing in innovation that helps entrepreneurs and business builders to stay focused on growing their businesses.”
E-Business
Nigeria Needs Some 480,000 Local DPOs for Data Protection

Nigeria needs some 480,000 data protection officers (DPOs), to develop, implement, and oversee organizations’ data privacy strategy to ensure compliance with laws like the GDPR and the Nigeria Data Protection Act (NDPA).

Currently only about 10,000 individuals possess the necessary certification highlighting a major skills gap, according Vincent Olatunji, national commissioner, Nigeria Data Protection Commission (NDPC).
Olatunji spoke on Monday at the second edition of its Data Protection Officers training and certification programme in Abuja and Lagos.
He said that the NDPC has domesticated the certification of data protection officers (DPOs) to address the widening gap in certified DPOs, despite steady growth in the number of trained professionals over the past three years.
“At the moment, we have about 10,000 certified DPOs to work in that space. The gap of about 480,000 still exists,” he said.
The shortfall reflects rising demand for data privacy skills as more businesses, government agencies and digital platforms process personal data under the Nigeria Data Protection Act.
Olatunji said the number of certified DPOs has grown from fewer than 1,000 three years ago to over 10,000, while more than 27,000 professionals now operate within Nigeria’s wider data protection ecosystem.
He said the commission is scaling up training and certification efforts to close the gap and position Nigeria as a leading source of data protection talent in Africa.
“Our goal is to make Nigeria the go-to country when it comes to sourcing qualified data protection officers in Africa,” he said, adding that the certification meets global standards.
The NDPC said expanding the talent pool could also support job creation and strengthen trust in Nigeria’s digital economy.
Tolu Fadipe, head of research and development at the commission, said data protection is becoming critical as the country moves deeper into digital systems and emerging technologies.
“As we move towards a digital economy, data becomes central and protecting that data is essential,” she said.
Adeola Sopade, lead trainer, said participants in the programme would be trained on global best practices, including data protection principles, compliance requirements and handling user data requests.
The training also includes practical exposure and internships with organisations to improve job readiness.
Participants said the programme offers opportunities for young Nigerians to build careers in technology and prepare for emerging fields such as artificial intelligence.
E-Business
FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare 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.
E-Business
Flutterwave Targets Anambra as South-East Tech Hub

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
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.
Telecom3 days agoSpaceX Hints at Home‑Built Chip Module for Starlink Mobile
E-Financial2 days agoFidelity Surges Ahead in Recapitalisation Drive with ₦564bn Capital
General News3 days agoTeenager Hacks Celebrities Whatsapps, Sells Adult Content in Delta
Telecom3 days agoDigital Realty, IXPN Expand Peering Network with New Internet Exchange Point of Presence in Nigeria
Telecom3 days agoElon Musk Accuses South Africa of Racism over Starlink Licence Block
E-Financial3 days agoLawyers Sue CBN over One-Time BVN Phone Number Change
News3 days agoMeta Files Appeal over $25,000 Damages Awarded to Falana
E-Business3 days agoFG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services













