E-Business
The Internet: Re-engineering Broken-dreams of Naija Youth

By Chris Uwaje
Where is and how can we unearth the hidden paradise in Nigeria Youth? Perhaps the Nigeria Youth is grossly misunderstood? What went wrong? Are they really lazy? Definitely not.
The broken dreams of the Naija Youth today translate into: perpetually cueing for Visas to anywhere far away from home at all costs; enslaved to street trading for life? Having water and food everywhere but none to drink nor eat; Crossing the ferocious Sahara desert accompanied by death as only hope; Captured and auctioned and sold as 21st Century slaves in Libya; Crossing the Mediterranean sea of death to Europe without a life-jacket; Abandoned by JAMB after many result-less attempts; Arrested and forever awaiting trial for wandering by day and night for inability to trade-in with 20 Naira by the men in Black – flicking funny torchlight in their faces and finally thrown to the Shark in the nation’s deepest ocean of corruption to be mercilessly devoid addicted by drugs in search of Yahoo-Yahoo! There is an urgent need to engage on a national project on recovery of the troubled mind-set of millions of Nigerian Youth who are predominantly hooked on the Internet Cybercrime as gateway to wealth through fraudulent means.
“The mind is its own place, and in itself can make a heaven of hell, a hell of heaven. Almost all painful feelings have their source in an incorrect way of looking at reality. When you uproot erroneous views, suffering ceases.” John Milton, Paradise Lost. Are we loosing the hidden paradise in our youth? This write-up is initiated after purposeful analytics by concerned interest group – undertaking a surgical analysis of the subject-matter. It is an urgent call to embark on a national psycho-sociological project to re-engineer and save the eroding mind-set of many of our Youth who are currently addicted to Internet scrams as the only way to progress and indeed their last hope in life, in the face of the blatant neglect and abandonment of the fundamental responsibility of leadership for sustainable youth development, And by extension, the survivability of our collective future. Our position is that the core of the problem under discussion resides in human attitude and crass neglect of critical child-case by leadership.
Relevant studies have shown how unrestrained youth-centered negative thinking form chronic attitudes which cumulatively derail and destroy concepts of nation-building, patriotism and sustainable development – especially when psychological and sociological development dimensions are neglected overtime. Is this the case with the branded “Yahoo-Yahoo Boys” of Nigeria? How long has this been going on and how long will it take to recover and heal this mountainous army of our derailed youthful minds which are critical for national development? What will become of the children and grand-children of the Yahoo-Yahoo Boys and it’s cultish impact on the future of our nation? Are our current Youth development programmes responsive and strategic enough to attain the desired goals?
Conventional wisdom informs that attitude is everything. However, attitude in its structural dynamics consists of the acquired state of mind, consisting primarily of environmental state and space-of-things, feelings, love, thoughts and propensity to codify appropriate responses towards to challenges we are confronted with. Indeed, our responses are mostly dictated by our conditioned mindset.
This conditioned mind-set ultimately drives us to attain either a positive or negative character in our relation with other objects and special set of things we come across.
Therefore as we forge along, it is instructive that we explore the attitudinal value-chain and conditions-of-things within the Nigeria development environment – particularly our leadership, family values, inconsistent policy-construct, education, merit assessment, child care and fundamental human rights and above all youth development programmes within the context of globalization.
Great minds such as Professor Emeritus Wole Soyinka had many decades ago observed and warned us on the emerging decay of values in leadership, economy and development with great impact on the Youth, when he advanced the hypothesis of the ‘wasted generation’ of Nigeria. Also, Prof. Patrick Okedinachi Utomi – founder of Centre for Values and leadership had delivered the same warning topped up with a proof-of-concept – validated through CVL.Programme/Projects.
These critical warnings were taken for granted and not heeded by the leadership who failed to advance proactive strategies and programmes for sustainable Youth development while the population growth surged dramatically in the last fifty (50) years after the civil war. This abandoned responsibility cumulated into the breakdown of the value-chains for equitable nation building and fuelled corruption-of-things like a wide fire in the Harmattan.
Globalization is often misunderstood, when we fail to translate it as another word for the internationalization of interests, trade and commerce in pursuit of sustainable development – guided by specific standards. However, empowered by the audacity of the Internet (ICT) as the new tool of life, the norms and values of the Internet have been grossly misinterpreted at the most basic levels.
The Internet is here to stay and its mission and activities will be further tested and intensified by the demands for globalization-of-things and the critical adventure of each nation perching to controlling the human mind by harnessing life-activity data at all levels. That after all, is the purpose of Big-data, related algorithm and analytics!
For many decades, the Nigeria nation state has been dishing out mind-blowing figures of stolen money and wealth from our collective national resources and continues to display such outlandish data in the face of the swarming Youths who are angry and hungry for food, knowledge and visionary adventure but experience the mirage-of-things at almost all development stage. Does that not constitute a significant part of the formation of the mind-set of our Youth?
Nigeria’s e-readiness index status is abysmal low (119 out of 134 in 2016) in terms of enabling Networked environment and national IT spend, while the Youth population growth continues to surge with alarming stampede for access to everything for survival – throwing ethics and values to the dogs.
Currently, the age of top leadership base of many nations of the world are getting younger between 30-50 while Nigeria’s is ballooning from 70-80 years – further disillusioning the youth and their dreams.
With limited and/or non-existent enabling environment, fragile infrastructure, abandoned classrooms, zero Knowledge Park, the goal-post for trustworthiness and competitiveness continues to shift by the nano-second and the centre can no more hold.
The resultant effect is that we cultivate, operate and live in a non-creative Ecosystem devoid of innovation and best described as Okada economy.
Pathetically, as the tape of the nation’s Youth apathy film continues to roll, politicized by blatant policies which remain blinded by capital and employment flight, conspicuous consumption with preference to third-class foreign goods, glorified squandermenia culture and insatiable consumption mentality – a product of who you know instead of what you know!
All said, the activities of Yahoo-Yahoo Boys are nothing to be glorified. The YY syndrome is and should be seen as national scourge and the Youth Community must be called to order to dialogue and recover the hidden paradise of our youth. In other words the Youth of Nigeria must have a rethink about life and re-code their destiny.
To achieve this, they must also be ready to pay a price for sustainable success and happiness – knowing that they can do a million times better that YY.
The price is retooling the mind-set, consistency, endurance, humility, audacity of hope and rekindling the can-do positive attitude of the real Naija Pikin and ultimately shames the devil.
The long-term damage to Society is monumental, The Recovery Roadmap and Mechanism incorporates psychological and sociological healing incorporating: the critical application of the essential pillars for productive Youth Development: Policies, Strategies Legislations, Institutional Framework, Regulations and Fiscal Incentives on Child care, Education, Recreation, Entertainment and many more.
We are a nation of about 200million. So, what indeed does the Youth want form Nigeria. Tell me now now now! Kilo sele gangan???
E-Business
Report Shows Start-ups Fuel Innovations in Africa

Bloomberg has released its second annual “25 African Startups to Watch” list, underscoring the growing influence of venture-backed innovation across the continent.

Published thursday, the list highlights companies building solutions in “environments where infrastructure or systems have failed to deliver.”
The featured start-ups build solutions to challenges such as accessing healthcare in Chad, moving goods in Kenya, securing loans in South Africa, and safeguarding borders in Nigeria.
Nigeria, South Africa and Kenya jointly lead with four companies each, reflecting the ongoing strength of Africa’s three most visible start-up ecosystems.
The 25 companies span 13 countries and sectors including healthcare, fintech, security, climate resilience, waste management, and transport.
Nigeria’s four startups are 10mg Health, Remedial Health, Sycamore and Terra Industries, covering areas from healthcare financing and pharmaceutical supply chain integrity to digital lending and defence technology.
South Africa’s contingent includes Omnisient, Amesect, AURA and Jem. Omnisient uses grocery purchase data and AI to extend credit to those outside traditional financial systems.
Kenya’s notable four include Zeraki, a school-data analytics platform partnering with Safaricom to reach secondary students across the country.
According to Bloomberg, a defining theme this year is the source of funding.
Nearly half of the total capital raised by these start-ups came from African investors, marking a shift from previous years when international capital predominantly drove early growth.
International backers such as 8VC, controlled by Palantir Technologies co-founder Joe Lonsdale, and Google continue to see value in investing in African companies, Bloomberg noted.
The report also highlights that start-ups across the continent almost doubled their debt fundraising in 2025, even as equity financing from venture capital firms declined.
Separately, the Start-up Ecosystem Report 2026 states that Kenya has overtaken Nigeria as Africa’s top startup investment destination, attracting $984 million in 2025.
Jennifer Zabasajja, Bloomberg Television’s chief Africa correspondent and anchor, highlighted the dual significance of the list, the variety of solutions being built and the growing role of African-sourced capital in backing them.
She noted that the list comes at a consequential moment, one shaped by global disruptions, from the conflict in Iran to sweeping cuts in US foreign healthcare assistance, that have made the case for African-owned capital more urgent than ever before.
E-Business
NDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections

Nigeria Data Protection Commission has warned that the growing misuse of personal data and digital platforms could undermine Nigeria’s democratic process ahead of the 2027 general elections.

NDPC
The warning was delivered during the 2026 Press Week organised by the FCT Council of the Nigeria Union of Journalists in Abuja.
Speaking at the event, Vincent Olatunji, national commissioner and chief executive officer, NDPC, who was represented by Itunu Dosekun, head of Media Unit at the commission, said disinformation and unlawful exploitation of personal data posed serious threats to credible elections.
The event had the theme: “2027 Election: Defending Democracy in the Era of Disinformation.”
Dosekun said the struggle for credible elections was no longer confined to polling units, noting that digital platforms had become major channels for manipulated narratives, fake news, propaganda and AI-generated misinformation.
According to him, the rapid growth of social media platforms, messaging applications and data-driven political campaigns has created vulnerabilities capable of influencing voter perception and weakening public trust in democratic institutions.
He warned that the abuse of personal data for political profiling and psychological targeting had become one of the most dangerous threats facing democracies worldwide.
“The misuse of citizens’ personal information carries serious social implications, especially for vulnerable groups who may not fully understand how their data is harvested, processed and weaponised online,” he said.
Dosekun noted that coordinated disinformation campaigns could inflame ethnic tensions, spread fear and discourage civic participation, particularly among young Nigerians.
He described the Nigeria Data Protection Act, 2023, as a critical legal framework aimed at protecting citizens against unlawful data processing and digital exploitation.
According to him, the law gives Nigerians greater control over their personal information while placing obligations on organisations, institutions and political actors to handle data responsibly.
Dosekun also called for stronger collaboration among political parties, media organisations, technology firms, civil society groups and citizens to promote responsible digital behaviour ahead of the elections.
He stressed the role of journalists and media professionals in combating fake news, fact-checking information and safeguarding public discourse.
According to him, protecting personal data should not only be seen as a privacy issue but also as a democratic responsibility necessary for maintaining public confidence, national stability and electoral credibility.
Stakeholders at the event emphasised the need for improved digital literacy, stronger regulation and increased public awareness to prevent the abuse of digital platforms during future elections.
E-Business
Anthropic Raises $65 Bn to Expand AI Research, Innovation

Anthropic, artificial Intelligence company, has said that it has secured sixty-five billion dollars in a new funding round, raising the company’s valuation to about nine hundred and sixty-five billion dollars.

The development places the company ahead of its rival, OpenAI, maker of ChatGPT, which was valued at about eight hundred and fifty-two billion dollars earlier this year.
Anthropic, founded by former OpenAI employees and led by Dario Amodei, chief executive officer, has emerged as one of the leading firms in the global Artificial Intelligence industry.
The company is widely recognised for its advanced coding capabilities and generative AI models, particularly its AI assistant known as Claude.
Unlike some competitors focusing mainly on general consumers, Anthropic has concentrated on delivering AI solutions to enterprise and business clients.
The company also says it places strong emphasis on AI safety while expanding its products and services amid growing competition in the sector.
Krishna Rao, chief financial officer of Anthropic, said the new funding would support the company’s research efforts and help meet rising global demand for its AI technologies.
Reports indicate that the investment round attracted major Silicon Valley venture capital firms, including Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
E-Financial3 days agoNigerian Capital Market to Transition to T+1 Settlement Cycle on Monday
E-Financial2 days agoCBN Extends PoS Geo-Fencing Enforcement Deadline to August 2026
Telecom3 days agoNCC Expands IPv6 Board with the Appointment of Olusola Teniola, Funke Opeke Others
E-Business3 days agoReport Shows Start-ups Fuel Innovations in Africa
E-Business3 days agoNDPC Raises Alarm: Fake News, Data Abuse Could Destroy Nigeria’s 2027 Elections
Telecom3 days agoQNET, Manchester City Host Football Clinic for Young Talents in Ghana
E-Financial3 days agoFidBank UK Broadens Investment Pathways for Nigerians into the UK Market
Telecom17 hours agoNCC Retains Rudman as Chair of Newly Inaugurated IPv6 Council Board, Urges Advancement of Nigeria’s Digital Migration












