News
E-PPAN: Big Data, Blockchain & Digital Finance Top Agenda Summit 2017

The Electronic Payment Providers Association of Nigeria (E-PPAN) is set to host over 300 delegates on July 18-19 at the iconic Sheu Musa Yar’ Adua Centre, FCT, Abuja with the theme “E-Government: Catalyst to Economic Recovery and Sustainable Development”.
The two-day event will commence with a breakfast session by Parkway Projects while the main event will be declared open by the Minister of Communications, Barrister Adebayo Shittu with a welcome address by Senator Ayo Arise, Chairman of LOC Planning Committee.
The keynote speech will be given by Accountant General of the Federation, Alh. Ahmed Idris on Tuesday, 18th, 2017.
According to Mrs. Onajite Rega, CEO/Executive Secretary, E-PPAN, the 2017 Summit will offer a platform for policy-makers, strategist, and though leaders’ from the public-private sector dialogue and set programmable agenda for sustainable economic development in Nigeria.
“The objectives for this year include leveraging on ICT for enhanced data management for effective service delivery; to showcase the effective use of data analytics and ICT to increase government revenue and to drive SMART technology for excellent government services,” she said.
The Summit theme will do justice to topics like Mobile Big Data Analytics- Opportunity for New Statistical Insights and Indicators for National Development; Ease of doing business- Digitizing Business to Government (B2G) Processes; Beyond Bitcoin: Enabling Smart Government Using Blockchain Technology; Mobile Big Data Analytics-Setting the Roadmap for Data Opportunity; Engineering Government Processes for Public Service Efficiency and Economic Development; Exploring the Frontiers of Digital Finance; amongst others.
Speakers that have confirmed to be in attendance include Dr. Isa Ali Ibrahim Pantami, Director General/CEO, NITDA; Engr. Aliyu A. Aziz, Director-General/CEO, National Identity Management Commission; Mr. Dipo Fatokun, Chairman; NeFF & Director Banking and Payment Systems Department CBN; Mr. Temitope Fashedemi, Director E-Government; Ministry of Communications Technology; Mrs. Temitope Akin-Fadeyi, head; CBN Financial Inclusion, Secretariat; Alh. Ahmed Idris, Account General of the Federation;
Other are; Mr. Niyi Yusuf, Country Managing Director, Accenture; Mr. Ade Shonubi, MD, NIBSS; Mr. Macauley Atasie president E-PPAN & MD Nextzon Business Service Ltd, Mr. Uzo Eziukwu MD/CEO, Parkway Projects; Mr. Siim Esko, Head of International Sales, Positium LBS, Mr. Adewale Peter Obadare, COO, Digital Encode ltd, Mr. Agada Apochi, MD/CEO, Unified Payment Ltd, Mr. Jay Alabraba, Co-Founder & Director of Business Development, Paga; Mrs. Onajite Rega, CEO/Executive Secretary, E-PPAN; Prof. Charles Ayo, former VC, Covenant University; Prof. Ike Mowete, Director, CITS, Unilag amongst others.
The E-Government Summit is an initiative of E-PPAN. This years’ E-government summit is in partnership with Central Bank of Nigeria, NITDA (National Information Technology Development Agency) and Nigeria Inter-Bank Settlement Scheme (NIBSS), VISA and Keoun.
A Local Organizing Committee of the Summit was made up of representatives from CBN, NITDA, NIBSS, Interswitch, Unified Payments, Etranzact, VoguePay, Simplepay, and E-PPAN.
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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