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Digital Economy a Catalyst for National Development- Shittu

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Reuben Muoka, Head, Public Relations, Nigerian Communications Commission,Dr Bayero Agabi, Executive Director, Centre for Cyber Awareness and Development, CECAD, Dr Adebayo Shittu, Minister of Communications and Tony Ojobo, former Director of Public Affairs, NCC, at the 5th edition of the Nigeria Mobile Economy Summit and Expo (NIMES 2018) recently in Lagos.
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Dr Adebayo Shittu, Minister of Communications has said that Nigeria will not have any meaningful development without a commensurate level of development in digital economy and technology.

He stated this on Thursday at the 5th edition of the Nigeria Mobile Economy Summit and Expo (NIMES 2018) held in Lagos.

Shittu noted that Nigeria must begin to see the development and use of mobile technology applications and tools as prerequisites to speedy national development.

Acoording to him, “We at the Federal Ministry of Communications strongly believe that Nigeria cannot have any meaningful development without a commensurate level of development in digital economy and technology.

“We as a nation must begin to see the development and use of mobile technology applications and tools as prerequisites to speedy national development.

“Therefore, from whichever way you look at it, Information and Communications Technology is very vital and pivotal for whatever any country wants to do to achieve development and growth.

He emphasized that the transformational benefits of the mobile economy is predicated on the gains observed from Government’s diversification process which is hinged on ICTs.

He reiterated government’s commitment to local content, which is expected to provide further opportunities for the economy to get the desired boost to enhance mobile innovation and governance in the country.

 

He revealed that Nigeria is the fastest growing markets for mobile technology and trends in Africa, noting that the ministry is poised to create affordable and reliable access to ICT services and infrastructure development through their various plans and initiatives.

Dipo Fatokun, Director, Banking & Payment system, Central Bank of Nigeria, (CBN) speaking at the event, said that the theme of this year’s Expo is in line with the apex bank’s objective to promote mobile money operations in the country.

He applauded Center for Cyber Awareness & Development (CECAD) and other stakeholders in the industry for promoting mobile innovations and application for the effective growth of Digital Payments System in Nigeria.

He added that the CBN in a bid to encouraged mobile technologies and digital payment system has come up with a Regulatory Framework for Mobile Payment Service in Nigeria.

He noted that the objective of the Framework is to provide an enabling environment for mobile payments services in reducing cash dominance in the Nigerian economy.

Fatokun stated that the evolution of mobile payment system the world over has shown a tremendous change in banking and payments services.

Dr Bayero Agabi, Executive Director, Centre for Cyber Awareness and Development, CECAD organizers of Nigeria Mobile Economy Summit and Expo (NIMES) said that Nigeria has become developed and huge thriving mobile hub.

He noted that the aim of the Award is to celebrate the impact of the Mobile Economy in the country.

He explained that for the country to move from 400 thousand lines in 2001 to well over 198 million lines shows that we have really become a huge and thriving mobile hub.

“For many consumers across Nigeria, the mobile phone is not just a communication device but also the primary channel to get online, as well as a vital tool to access various life-enhancing services.

“Mobile adoption in Nigeria has grown rapidly in recent years. Access to mobile connectivity is vital to empowering consumers and driving economic growth.

“Technology enhances access to many essential services, including education, health and utilities, while also enabling business models that support the efficient and sustainable delivery of key services through mobile-based platforms such as mobile money, music, and changes to the way we do business and interact,” Agabi added.

 

 

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Glo Unveils Immersive Gaming Experience, Travel Saga

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With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.

Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.

The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.

Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.

In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.

Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.

With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.


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SHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence

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SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.

SHELT Named in Prestigious 2025 MSSP 250 List for Cybersecurity Excellence

SHELT

The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.

SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.

“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”

The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.


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Meta Names Ex-Trump Adviser Dina Powell McCormick as President

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Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.

Meta names ex-Trump adviser Dina Powell McCormick as president

Dina Powell McCormick

The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.

A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.

Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.

The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions


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