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Ikeja Computer Village Expo 2019 to Hold In December
Nigeria’s largest technology market hub, Ikeja Computer Village, will treat consumer technology lovers to five exciting days of cutting-edge technology innovation showcase at the Computer Village Expo 2019 (#CVE2019) holding December 10-14, in Lagos.
Mrs. Bisola Azeez Isokpehi, the Iyaloja of Ikeja Computer Village, who unveiled the #CVE2019 Event Plan in Lagos said the biggest consumer technology innovation festival in Nigeria will showcase tomorrow’s cutting-edge consumer technology innovation.
The #CVE2019 consumer technology festival will feature products and services will shape and define tech lifestyles in 2020 and beyond. At #CVE2019, attendees expected from across Nigeria, Africa and beyond, will be treated to a wide array of smartphones, gadgets, devices, accessories, consumer electronics, computing and allied products and services during the country’s biggest tech extravaganza, she said.
The Iyaloja of Ikeja Computer Village said that #CVE2019 is a collaborative event platform that followed a definitive agreement signed between the Ikeja Computer Village Market Management Board (under the Iyaloja and Babaloja), the Strategic Partner, and Technology Times Media Limited , Event Organiser, to create a world-class event that promotes innovation, entrepreneurship and consumer technology trends in the market.
She said that #CVE2019 with the theme, “A New Partnership Agenda for Growth” will foster a better understanding of the Ikeja Computer Village ecosystem and also create awareness of trade, investment, partnership and growth opportunities among the largest technology SMEs in Nigeria.
The Iyaloja of Ikeja Computer Village identified #CVE2019 as part of initiatives to positively showcase and elevate the status of “Brand Computer Village.” The goal of our new Board is to create an enviable and reputable market environment and elevate the ‘Brand Computer Village beyond its present status.”
#CVE2019 is a fully-owned brand of Technology Times Media Limited. Event Secretariat: 26B, Omodara Street, Awuse Estate, Opebi, Ikeja, Lagos. The Ikeja Computer Village Market Management Board is headed by Mrs. Bisola Isopkehin Azeez and Mr Adeniyi Olasoji, the Iyaloja and Babaloja respectively, who were installed on May 2, 2019, to be the administrators of Ikeja Computer Village.
The Iyaloja of Ikeja Computer Village says the new Board will unveil a landmark programme at the #CVE2019 festival conceived to make the tech market hub a zero-tolerance zone for trade in stolen phones.
“We are collaborating with the Association of Mobile Communication Device Technicians of Nigeria (AMCODET), an association of technicians within the market, that has designed a programme to eradicate trade in stolen phones and curb the issues of incessant police harassments of its members in the market”, the Iyaloja of Ikeja Computer Village adds.
Under the plan, the new Market Board is also collaborating with the Nigerian Police Force, industry regulators and other stakeholders towards eradicating the buying and selling of stolen phones in Ikeja Computer Village market, according to the market leader.
“The goal of the new Board is to create an enviable and reputable market environment to elevate the brand “Computer Village” beyond its present status. We are also bringing new partners and stakeholders to #CVE2019 to explore mutually-beneficial and enduring partnerships that leverage the largest technology SME cluster in Nigeria as drivers of growth across various sectors of the economy” according to the Iyaloja of Ikeja Computer Village.
She says that the Ikeja Computer Village Market Board is collaborating with Technology Times Media Limited to elevate the #CVE2019 show to a world-class event platform that delivers benefits to Technology SMEs represented in the market by promoting innovation, entrepreneurship and consumer technology trends.
Commenting on the partnership, Mr. Shina Badaru, Founder of Technology Times, the Nigerian technology media group and publishers of Komputer Village Magazine, said that #CVE2019 will build upon the inaugural edition of the show held 2015 in Lagos.
“Technology Times is excited to partner and identify with the vision of the new market Board to elevate #CVE2019 into the annual festival of technology innovation connecting 10000+ Technology SMEs from Nigeria’s largest technology market hub with consumer technology buyers across Nigeria, Africa and beyond for five exciting days in the heart of Nigeria’s commercial capital city, Lagos.”
According to the Technology Times Founder, “#CVE2019 further extends our ongoing partnership with Ikeja Computer Village to promote a developmental journalism coverage of players, activities and trends in the market. We are also proud to create an annual consumer technology festival that will be the pride of Nigeria which takes Ikeja Computer Village to the world and brings the world to Ikeja Computer Village.”
According to the organisers, the main activities of #CVE2019 include: #CVE2019 | The Flagship Integrated Events Platform Computer Village Expo 2019 (#CVE2019) provides the annual flagship integrated events platform connecting 10000+ Technology SMEs from inside Nigeria’s largest technology market and consumer technology buyers across Nigeria, Africa and beyond.
#CVE2019 will promote niche Technology SMEs that are the backbone of the Nigerian economy in driving innovation, job creation and overall economic growth. #CVE2019 integrated events model opens possibilities for entrepreneurship, thought leadership sessions, cutting-edge innovation, business networking, tech lifestyles, entertainment, glamour and more.
#CVE2019’s Thematic Pavilions and Zones will aggregates industry and market verticals to showcase solutions across Smart Lifestyles, Mobile Money & Financial Inclusion, Gaming, Mobile Apps, Mobile Lifestyles, Nigeria Internet Domain Name & Hosting, e-Commerce, among others. The showcase model enhances the opportunity for a seamless attendee experience at #CVE2019.
Nigerian Exchange Limited (NGX) has launched the NGX Net-Zero Programme to guide listed companies toward clear carbon reduction pathways and enhanced climate disclosures aligned with global investor standards.
NGX
The high-level launch engaged chief executives of quoted firms alongside development partners including German Investment Corporation KfW, DEG, and African Foresight Group (AFG), NGX’s implementation partner. Issuers and investors discussed financing decarbonisation, sustainability practices, and attracting climate-aligned capital.
NGX Group Chairman Dr Umaru Kwairanga described the initiative as concrete climate action, commending partners for two years of groundwork. “Today marks leadership and decisive action. Climate change has become a core business imperative, with capital markets mobilising capital and setting standards,” Kwairanga said.
He positioned NGX Net-Zero to support emissions measurement, disclosure, capacity building, and sustainable finance access, urging CEOs to embrace it strategically rather than as compliance. Kwairanga reaffirmed NGX’s goal to make Nigeria’s capital market Africa’s green finance hub.
Group CEO Temi Popoola called climate action a business imperative, noting sustainability-embedded firms attract capital, manage risks, and stay competitive. DEG Management Board Member Monika Beck highlighted partnerships scaling impactful, commercially viable climate solutions.
The event closed with a ceremonial gong marking the programme launch and send-off for outgoing DEG Regional Director Bernd Telemann.
Nigerian Financial Intelligence Unit (NFIU) has hailed Nigeria’s removal from the European Union’s list of high-risk third countries for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) as a landmark achievement endorsing the nation’s reform efforts.
Nigerian Financial Intelligence Unit (NFIU)
NFIU CEO Hafsat Abubakar Bakari said the delisting, contained in European Commission Delegated Regulation (EU) C (2025) 8460 adopted December 4, 2025 and effective January 29, 2026, affirms sustained AML/CFT and Counter Proliferation Financing (CPF) reforms.
The move follows Nigeria’s exit from the FATF Jurisdictions under Increased Monitoring after addressing strategic deficiencies, alongside Burkina Faso, Mali, Mozambique, South Africa and Tanzania.
Bakari noted the European Commission recognised Nigeria’s strengthened AML/CFT effectiveness, closed technical gaps, and fulfilled FATF Action Plan commitments leading to grey list removal in June and October 2025.
The delisting eliminates enhanced due diligence requirements for EU financial transactions, easing compliance, boosting cross-border flows, and enhancing Nigeria’s appeal for European trade, investment and partnerships.
The NFIU attributed success to President Bola Ahmed Tinubu’s political will and collaboration among National Assembly, law enforcement, regulators, judiciary, private sector and development partners.
The agency reaffirmed commitment to ongoing FATF, GIABA, EU engagement and domestic framework resilience to maintain international confidence in Nigeria’s financial system.
The Federal Government has directed all banks and fintechs to collect and remit 7.5 per cent value-added tax on certain electronic banking services, effective Monday, January 19, 2026, according to an email notice issued by payment platforms.
The VAT will apply to electronic banking charges, including mobile money transfers, USSD transaction fees, and card issuance fees, according to an email notice on Wednesday shared with customers by Moniepoint.
For example, if a bank charges N100 to make a transfer, the 7.5 per cent VAT will be applied to that service fee, not the money being sent.
“From Monday, January 19, 2026, we are required to collect a 7.5 per cent VAT, to be remitted to the Nigerian Revenue Service (formerly known as the Federal Inland Revenue Service).
“VAT will apply to certain banking services that include electronic banking charges such as mobile banking fees (transfers), USSD transaction fees, and card issuance fees,” the email read.
Other operators are expected to issue similar notices to their customers in the coming days. Services that will remain exempt include interest earned on deposits and savings, meaning customers will not pay tax on the returns from their accounts.
The NRS, formerly known as the Federal Inland Revenue Service, has set the deadline to ensure that all commercial banks, microfinance banks, and electronic money operators comply with the collection and remittance requirement.
Moniepoint stressed that this is not a price increase but a statutory obligation. “Moniepoint is required to collect and remit VAT to the Nigerian Revenue Service,” the company said in a statement.
The move is part of the government’s broader efforts to standardise VAT collection on digital financial services and expand revenue generation amid Nigeria’s growing digital economy. VAT on banking transactions is not entirely new; the NRS is now enforcing uniform collection rules across all platforms, ensuring compliance across the sector.
Customers have been assured that the new tax will be clearly itemised, with the VAT shown separately on transaction statements and reports.
In December, several commercial banks informed customers that the N50 stamp duty would be deducted on electronic transfers of N10,000 and above, following the commencement of provisions of the new Tax Act.
The charge, previously known as the EMTL, has now been formally reclassified as stamp duty and will be applied as a one-off fee on qualifying electronic transfers.
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