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Cloud Computing is Future of Business Development – Layo Ajayi

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Olufunlayo Ajayi is the country manager of Oracle Corporation in Nigeria, part of the an American multinational computer technology corporation.
In the last three years of her stewardship, Ajayi’s leadership prowess has rubbed off on Oracle’s presence in Nigeria as the Company’s presence permeates into both private and public corporations.
With the present emphasis on cloud computing, Ajayi believes the vintage is opening new vistas for Oracle with prerequisite solutions and hardware to leverage on. She spoke to Peter Ugwu.

Oracle’s Hype on Cloud Business
Oracle’s strategy is to reduce complexity and simplify Information Technology, offering choice and flexibility with the most comprehensive, modern and secure portfolio of cloud products and services: Infrastructure as a Service, Platform as a Service and Software as a Service.
We are focused on offering our clients greater agility, less risk, and lower costs through Oracle Cloud solutions.

Oracle Cloud Roadmap and Inadequate Broadband Infrastructure
The Nigerian market has been very receptive, with lots of interest being expressed in cloud solutions.
However, the issue of security is what has slowed the adoption of cloud computing, especially in Nigeria. Somehow, they prefer to have their cloud in Nigeria.
We intend to partner with other service provideres in Nigeria to be able to provide whatever we need.
We had some concerns about that, but now we have broadband companies and other investors like MainOne, Glo1, MTN, who can actually help solve the problem.
We have solutions as far as that is concerned to enable organizations achieve their purpose almost in a seamless manner.

Apprehensions among Customers
Basically, up to now the fear has been centered on security. But it is like a perception. The way we have our yahoo mail, Gmail and host of others hosted outside the country is the same way that the cloud works.
They are already in the cloud; in other words we have already been in the cloud for years. That perception appears to be dying down now, but there are other challenges like regulatory compliance and concern over the evaluation of cloud operations.

Containing Intellectual Property Theft
Security and reliability are critical aspects of any discussion about the cloud.  Organizations need to be able to trust that their cloud solution protects and controls access to private information. 
Oracle provides world-class security that offers security and encryption at every layer of the technology stack, utilizing the latest physical and logical data security and protection solutions. 
We provide federated and consolidated identity management and access control across clouds, systems and on-premise applications. 
And Oracle’s best practice processes, controls and tools help customers cost-effectively and proactively comply with the regulatory requirements across industries and countries.

The Growth of Oracle Business in Nigeria
Oracle has been active in the West African market for many years and officially opened the Oracle office in Lagos in 2010. 
We have seen tremendous growth and adoption of Oracle technologies during this time.  We are very strong in the telco and financial services industries and through our continued focus on innovation to simplify IT, we are committed to continued investment and growth across all sectors in Nigeria.

Shifting Focus from Hardware To Software
Oracle maintains commitment to both software and hardware. Oracle is simplifying IT by engineering hardware and software to work together—from servers and storage to database and middleware to applications.
The idea behind Oracle’s integrated technology stack is that the whole is greater than the sum of the parts. There are best-of-breed products throughout the stack, and every product and every layer of the technology stack is designed and engineered to work together.

Oracle With Several Solutions
Yes Oracle has a large set of solutions and products to offer customers, but our focus is to simplify IT so that customers can use technology for business innovation, not just for business as usual.
While Oracle is committed to open technology that works within a heterogeneous IT environment, its technology is engineered specifically for the
Oracle stack, with solutions fine-tuned and optimized between, within, and across the layers. 
The Oracle technology stack optimizes performance by including manageability, security and reliability engineered into every layer. The result is IT better than what our customers can build on their own. 
Oracle is also simplifying IT by investing in best-of- breed components and engineering them to work together for specific industries.
So instead of customers focusing their technology and expertise on managing complex IT, they can focus on the innovation to drive their business.

Oracle’s Visions for SMBs in Nigeria
I have been the Oracle’s country manager for three years. As a company our aim is to ensure that we bring affordable and efficient enterprises to Small and medium businesses (SMBs) in Nigeria. We are also involved in activities like providing Oracle Academy to universities.
What we do is that we train the lecturers so they can also train the students. As a company with presence in over 142 countries, we want to stamp our footprint in Nigeria as well.
To stress further on our vision, going forward is the key thing, especially to help our customers build their businesses with best-of-breed technology solutions.

Building Datacenter in Nigeria
We have a datacenter at our headquarters in San Francisco. It’s not about building datacenters, what the emphasis should be on is how we are adding value to the growth of the economy.
We want to bring Oracle’s innovation to the market, to support business innovation and growth in Nigeria.

Motivation to Focus on Nigeria Market
Nigeria is an emerging market offering vast opportunity to investors from around the world.
We believe that Oracle has best-of-breed, world class solutions that can assist businesses in Nigeria to realize their full potential and support their business requirements as they grow.

Oracle Solutions and Others in the Cloud Competing World
Unlike competitors with limited cloud options – for example software as a service only, virtualization only, or hardware only – Oracle provides the broadest, most complete and most integrated set of cloud offerings in the industry.  
Only Oracle enables customers to choose between on-premise or in-cloud solutions – and move applications and data seamlessly between themselves. 
Our cloud offerings span public and private clouds and extend to every level of our product portfolio – applications, middleware, database, servers, storage, networking and associated operating systems and virtualization software.

Virtualization and Moving to the Cloud
Cloud computing encompasses a wide range of services, beginning with infrastructure as a service, and escalating up to platform as a service and software as a service.
Each level should be able to operate independently of the layers below it, which are separate and automatically maintained.
The journey to cloud computing doesn’t happen overnight. It must not only benefit IT organizations but also the business user who consumes cloud services.
Virtualization is just one phase of cloud computing.  A cloud strategy must be implemented using a phased approach, aligned to business pace, where each phase can be mapped to measurable business goals and benefits.


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US to Deny Applicants Saying they Fear Persecution @ Home Visas

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United States has introduced further restrictions on potential asylum seekers by requiring US visa applicants to confirm they do not fear persecution in their home countries.

US to Deny Applicants Saying they Fear Persecution @ Home Visas

Donald Trump administration’s goal is to prevent individuals from using non-immigrant visas as a means to claim asylum once they reach US soil.

According to a diplomatic notice sent to all embassies and consulates this week, applicants for non-immigrant visas, including tourists, students, and temporary workers, must now affirm their safety at home to be eligible for entry.

This move is part of a broader shift in policies designed to tighten US immigration controls.

New screening procedures

Consular officers have been instructed to ask two specific questions during the application process:

“Have you experienced harm or mistreatment in your country of nationality or last habitual residence?”

“Do you fear harm or mistreatment in returning to your country of nationality or permanent residence?”

“Visa applicants must respond verbally with a ‘no’ to both questions for the consular officer to continue with visa issuance.”

The statement notes, “Consular officers must prevent abuse of the immigration system by visa applicants who misrepresent their purpose of travel, including those who attempt to obtain nonimmigrant visas for the purpose of claiming asylum upon arrival in the United States.”

A State Department spokesperson defended the measure, stating: “Consular officers are the first line of defence for US national security.

The department uses all available tools and resources to determine whether each visa applicant qualifies under US law”.

To qualify for asylum under current law, an individual must be physically present in the US and be fleeing persecution based on race, religion, or political affiliation.

However, immigration experts warn that these new requirements may force vulnerable individuals into dangerous situations.

Camille Mackler, an immigration policy consultant, told CNN that the directive “is going to put people in really bad, terrible positions of having to make choices that ultimately affect their and their family’s safety.”

She added: “I also think this pushes people to unsafer pathways and unsafer routes, because if you need to leave, you leave, and you do whatever you need to do to do that.”

The rule follows other recent measures, including increased vetting for student visas and a temporary suspension of immigrant visa processing for 75 countries earlier this year.


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Fiona Ahimie, MD First Securities Brokers Elected First Female President of the Chartered Institute of Stockbrokers

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The Chartered Institute of Stockbrokers (CIS) has elected Fiona Ahmed Ahimie, Managing Director, First Securities Brokers Limited, a subsidiary of FirstHoldCo Plc., as its 14th President, making her the first woman to be elected President and Chairman of Council in the Institute’s history.

Her emergence is more than a leadership change it is a defining milestone that signals the rising influence of women at the highest levels of Nigeria’s financial services industry and underscores the evolving face of capital market leadership.

With close to two decades of distinguished experience spanning stockbroking, investment banking, private equity, real estate, wealth management and business development, Fiona brings deep market insight, global exposure and a proven track record of delivering growth and market impact.

She began her career at one of Nigeria’s prominent Stockbroking firms, where she built a solid foundation in capital market operations and foreign investor deal flows. She later joined FBN Capital (now FirstCap) as Head of Sales Trading, playing a pivotal role in managing both international and domestic institutional deal flows.

In 2015, she was appointed Managing Director of African Alliance Securities Nigeria, where she drove significant expansion in market share, client base, and cross-border transactions.

Since joining First Securities Brokers Limited in 2016, she has led a remarkable transformational growth, positioning the firm among Nigeria’s top-tier brokerage houses by 2018 through enhanced execution capabilities and increased global investor participation.

Beyond executive management, Fiona has held several board and board committee roles and currently serves on the boards of First Funds (the private equity arm of FirstHoldCo Group), NGX Real Estate Limited (a subsidiary of NGX Group), Japtini Logistics, and Awabaah (a micro- pensions business). She is also a member of the Statutory Audit Committee of the Central Securities Clearing System (CSCS).

An advocate of continuous learning and thought leadership, Fiona has received executive education from MIT Sloan School of Management (USA), IESE Business School (Spain), and INSEAD (France). She is a Doctorate candidate at Afe Babalola University Business School.

Her professional affiliations include being a Chartered Stockbroker, Chartered Accountant, and Chartered Director, she is also an Honorary Member of the Chartered Institute of Bankers of Nigeria, she also serves on the Curriculum Review Committee of Lagos Business School and has been a mentor on the WIMBIZ Women on Boards Programme for four consecutive years.

Beyond corporate leadership, Fiona is deeply committed to philanthropy, supporting multiple institutions and sponsoring the education of young people reflecting her passion for inclusive growth and generational impact.

Her leadership philosophy is guided by enduring principles, excellence in execution, a refusal to settle for mediocrity, and an unwavering commitment to integrity and fairness.

Fiona’s presidency comes at a pivotal time for Nigeria’s capital market, as it navigates increased global integration, regulatory evolution, and rapid digital innovation. As President, she is poised to advance strategic priorities including deepening the market, strengthening professional standards, enhancing investor confidence, and nurturing the next generation of capital market professionals.

Fiona will assume office on April 30, 2026, with her formal investiture scheduled for June 25, 2026, where key stakeholders across Nigeria’s financial ecosystem are expected to gather to mark this historic leadership transition.


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Hackers Won’t Stop: NDPC Reports 1,500 Attacks, Warns Organisations

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 National Data Protection Commission (NDPC) has revealed that it recorded over 1,500 cyberattack attempts within a short period, exposing critical gaps in Nigeria’s data protection ecosystem.

The National Commissioner of NDPC, Dr. Vincent Olatunji, disclosed this in an interview with the News Agency of Nigeria (NAN) on the sidelines of a data protection training programme in Lagos.

Olatunji said the surge in cyberattacks forced the commission to temporarily shut down its network as a security measure to prevent hackers from breaching its systems.

“This temporary shutdown was a preventive move to stop the attackers from succeeding; it underscores how serious the threats have become,” he said.

Olatunji said cyber threats had become persistent and increasingly sophisticated, requiring organisations to adopt proactive and continuous security measures.

“Cyberattacks are no longer occasional; they are constant. Organisations must monitor their systems round the clock and remain up to date with security protocols,” Olatunji said.

He stressed that entities handling personal and sensitive data must implement robust cybersecurity frameworks, regular audits and incident‑response plans to reduce exposure.

The NDPC commissioner highlighted the acute shortage of qualified Data Protection Officers (DPOs) as a major challenge in Nigeria’s data protection landscape.

He said the Nigeria Data Protection Act mandates organisations to appoint DPOs, creating a surge in demand for certified professionals that the current workforce cannot meet.

“There is a significant gap between demand and supply of skilled personnel. This training is designed to prepare participants not just for certification, but to fill that gap effectively,” he said.

Olatunji said Nigeria’s data protection ecosystem had recorded notable growth under a Public‑Private Partnership (PPP) model, generating over 10 million dollars in value.

He also revealed that the framework had generated more than seven billion naira in government revenue through registration fees and fines.

“Beyond revenue, it has strengthened Nigeria’s global reputation and boosted investor confidence in how data is managed and protected,” he said.

On ransomware attacks, Olatunji warned organisations against paying ransoms, stressing that payment emboldened cybercriminals and encouraged further targeting.

“Once you pay, you empower attackers. The focus should be on strengthening systems to prevent breaches, having backup plans, and responding swiftly when incidents occur,” he said.

He urged both public and private institutions to prioritise resilience over quick fixes when dealing with cyber extortion.

Facilitator Dr. Taiwo Oyeleye said the ongoing training programme was designed to equip participants with both theoretical and practical knowledge of data protection and privacy.

“They will gain a clear understanding of data protection principles, organisational frameworks and technical safeguards required to secure sensitive information,” he said.

Oyeleye expressed confidence that participants would help bridge existing awareness and capacity gaps across sectors such as finance, health, telecommunications and government services.

Another facilitator, Mr. Wole Jacobs, advocated for stronger collaboration between the NDPC and the National Information Technology Development Agency (NITDA) to confront emerging cyber threats.

Jacobs said the training would enhance participants’ capacity to protect data, promote awareness and contribute to Nigeria’s digital‑transformation agenda.

He emphasised the need for continuous learning and adherence to global best practices in cybersecurity and data‑privacy standards.


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