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Nigerian Youths, Technology & the Future

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In this digital age, the backbone of every economy is hinged on Technology with entrepreneurship driving the growth of the entire system.

We see Technology powering every facet of human endeavor, enabling effective governance, empowering security, driving economic and social changes.

No nation especially the developing countries can afford to neglect the importance of technology if they want to be relevant in future.

Going by the projections from Gartner, Information Technology spending will nearly hit $4 trillion threshold by the end of this year and then Software spending will be $158 billion in 2016.

The positive economic indexes coming from Nigeria as an emerging market, we are certainly a centre of global attraction.

The most unfortunate thing is we are yet to realize some of these inherent potentials as to take rightful position to benefit from them, this is our greatest undoing!

I have often times stated that for a country like Nigeria, the realities of achieving the UN Millennium Development Goals(MDGs) within the given time will still be an illusion if we do not quickly channel the strength of the young population into exploring ways of creating wealth and opportunities through the use of Technology.

It is obvious that Nigerian youths when given the right technology tools and support can create products and services that will impact on the economy of the country positively, perhaps this could be the panacea to unemployment.

Just as a recent report released from the research done by Omidyar Network on Accelerating Entrepreneurship in Africa, shows that despite the challenges entrepreneurs in Nigeria face like lack of easy access to capital, infrastructural and power deficiencies etc., there is a positive and strong entrepreneurial culture in Nigeria driven by the young population.

This shows that many young Nigerians are eager to become entrepreneurs if given the needed support in an enabling environment!

As a startup founder, observing, facilitating and following the Tech trends (www.techtrendng.com) in Nigeria over the years, this is one of the most interesting times in terms of the realities and possibilities of technology entrepreneurship amongst young people.

In that spirit, many young Nigerians despite the daunting challenges are working so hard to build tech Start-Ups that will be globally competitive. These young Techpreneurs are continuously placing Nigeria in the eyes of Global media attracting investment and re-branding the image of the nation.

At the just concluded Mobile Web West Africa conference held in Lagos, the event which is a leading Mobile-focused conference tracts the development and trends in the Mobile ecosystem in the region.

The conference which x-rays the impact and economic potentials of Mobile devices and Applications, saw delegates from leading Mobile business all over the world participate.

The most amazing thing at that conference was seeing a lot of young Nigerians, who have started their own Tech Startups as Software and Application developers.

The passion and drive seen in these young people can only be likened to what our Super Eagles football team did at the last African Cup of Nation-#winning!

A good number of these young people who also live in Nigeria are making headlines and grabbing attention internationally.

Talk about Iroko Partners, Jumia, Konga, Jobberman, Kaymu,Paga,TruSpot,The Inye Tablet etc are a few of such Tech businesses attracting great funding from international organizations and corporations.
 
The Beni American University- an Online University founded by the 24-year old Gossy Ukanwoke is one Startup that needs mentioning. Ideas like the iPolice, iConnect, iWatch, BudgIT, Enough is Enough Nigeria, social media platforms and bloggers are many of such driving social changes in Nigeria and have received global recognitions. The Maliyo games, Kuluya games, Danfo Driver games, AfriNolly etc. are all driving Nigerian content into relevance.

The effort of the duo- Bosun Tijani and Femi Longe, Founders of Co-creation Hub (CcHub) Nigeria is worthy of mentioning.

The CcHub which is at the centre of tech innovation amongst young people in Nigeria is Nigeria’s first open living lab and pre-incubation space designed to be a multi-functional, multi-purpose space where work to catalyze creative social tech ventures take place.

It is a place for technologists, social entrepreneurs, government, tech companies, impact investors and hackers in and around Lagos to co-create new solutions to the many social problems in Nigeria.

The organizers of Mobile Monday are doing their bits too.

The Women in Technology in Nigeria organization is at the heart of grooming and mentoring Young Girls in becoming Techpreneurs.

Recently they organized a Mobile Application Development Competition for young girls in secondary schools in Nigeria; I saw many Mobile apps developed by these Young girls.

One of such Apps is a Traffic Monitoring App developed by the Princeton Girls for ICT, their project was showcased in the US at the Technnovation competition in May 2013.

The Software Nigeria Challenge for Higher Education Community in Nigeria powered by the Institute of Software Practitioners of Nigeria (ISPON) has seen many Applications being developed by young people.

Seeing the great potentials in these young Nigerians, several Multi -national Companies like Google, Microsoft, Nokia, Blackberry, Tecno are harnessing the potentials of these young app developers in building their platform and also supporting the growth of the ecosystem.

And then the critical question is-What is the Government doing to facilitate the growth of Youth Tech Entrepreneurship in Nigeria? Indeed, over the years Government has not played their role in creating the enabling environment for these young Tech entrepreneurs to thrive; it seems government is beginning to appreciate the importance as seen by the recent effort of the newly created Ministry of Communications Technology led by Mrs. Omobola Johnson.

The ministry has set up Software Venture Fund, commissioned two software incubation centers in Lagos and Calabar, inaugurated a Technology Innovation Committee, these are all steps in the right direction which are commendable but a whole lot needs to be done by government to support technology entrepreneurs in Nigeria.

One of the major tasks of government is not to be a player but to help structure, facilitate and promote the growth of the ecosystem in Nigeria where Venture capitals, Accelerators, Incubators, Angel investors, the Private Public Partnership, the academics, Multinational Companies will be stakeholders in the ecosystem driving innovation.

And then most importantly, the right people with hands- on experience in Tech entrepreneurship should be involved to make these projects by government achieve the desired goals.

For other young people who are yet to embrace techpreneurship, this few advice can be of great help seeing what the future holds.

Learn the necessary skills in Technology: With the way things are going, not every skill, vocation or training will be relevant for the future. It is time for more young Nigerians to get into the field of Software Engineering, Microelectronics, Nanotechnology, Computer and information sciences, Physics, Mathematics and related courses.

Here, am not just talking about getting the certificate or degrees and then go to look for a job, am talking about learning it so you can start up something with what you have learnt, you begin to create value in the society as well.

Generate Ideas from problems around You: Nigeria is faced with a lot of problems no doubt; it simply means that there are a lot of opportunities in finding the solution to those problems.

Studying the problems and proffering a solution to them using technology is what am talking about here. Generate ideas that will address those problems like poverty, lack of quality Education, unemployment, social changes, bad governance, environmental challenges, Technology deficiency, health and many others.

As Mobile is said to be the future of Africa, explore the use of Mobile phones and Mobile Internet then Mobile Applications; these are growing so fast in Africa. Jeff Bezos, the founder of Amazon.com said this about the Internet just before he started” Anything growing that fast is going to be ubiquitous very quickly” Seeing this about the Internet at that time motivated him to start Amazon.com and today Amazon is a leading Tech company in the World. m-Commerce , m-Health, m-learning, m-agriculture, m-governance, m-social etc. offer  new opportunities.

Imbibe the Success Attitude: The words of Thomas Edison, the great inventor suitably summarizes the attitude you need to have as an aspiring techpreneur.

He said” The most important factors of invention can be described in few words. They consist first of definite knowledge as to what one wishes to achieve, one must fix his mind on that purpose with persistence and begin searching for that which he seeks, making use of all accumulated knowledge on the subject. He must keep searching no matter how many times he may meet with disappointment. He must refuse to be influenced by the fact that someone else may have tried the same idea without success. He must keep himself sold on the idea that the solution of his problem exists somewhere and that he will find it. When a man makes up his mind to solve any problem, he may at first meet opposition, but if he holds on and keeps on searching, he will be sure to find some sort of solution.

The trouble with most people is that they quit before they start. In all my experiences, I do not recall having ever found solution to any problem connected with my work on my first attempt. And one of the most surprising things is the fact that when I discovered the thing for which I am searching, I generally find that It has been within my reach all the time; but nothing except persistence and a will to win would have revealed it”

Omeruo, Editor www.techtrendsng.com sent via [email protected]


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Conoil Bonanza Winners Emerge

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Conoil Plc is spreading joy this Valentine season as the first group of winners in its Valentine Bonanza promotion have been announced and rewarded. Launched on February 14, the campaign continues to delight customers at participating retail outlets.

The initial raffle draw, conducted on February 21, saw fortunate customers receive ₦10,000 worth of free petrol each. The draw was carried out publicly, with media representatives present to ensure full transparency. With the promotion still ongoing, more customers have the opportunity to join in and potentially be among the next winners.

A Conoil Management spokesperson explained that the initiative is a way to show appreciation to loyal customers for their ongoing support. “Our customers have responded impressively to the bonanza, with strong participation recorded across our stations,” the spokesperson said.

The second and final phase of the promotion is now in motion. Customers who purchase at least 10 litres of petrol at any participating Conoil station remain eligible to win in the grand finale raffle.

The grand finale is set for February 28 at 12 noon. Motorists in Lagos and Ogun states are encouraged to visit Conoil outlets to collect their tickets and take part in the exciting conclusion of this Valentine celebration.


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PalmPay Couples Show How Love Is Funded Digitally

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PalmPay users took to the #LoveWithPalmPay campaign to show how experiences are powered through seamless banking.

It’s the month of love and social media has been filled with couples showing affection with gifts. As digital payments become embedded in everyday life, the way relationships are planned, funded, and experienced is evolving.

Recent insights from SBM Intelligence 2025 ‘Love in the Air’ report show that despite economic pressures, most Nigerians still set aside dedicated budgets for Valentine’s Day, with the largest percentage planning to spend between N51,000 and N100,000, while less than 5% are willing to spend above N500,000.

This growing intentionality highlights the need for platforms that help people manage their money more effectively, offering features like free transfers and tools that make it easier to send, track, and preserve funds while still showing up for meaningful moments.

Through the #LoveWithPalmPay campaign, PalmPay set out to show how the platform is enabling users to plan, pay, and celebrate meaningful moments with greater ease.

During the Valentine’s season, PalmPay invited couples across Nigeria to share their stories through the #LoveWithPalmPay campaign, celebrating how digital banking supports their individual expressions of love.

The campaign saw strong participation, with many PalmPay couples submitting entries that showcased how they use the app to plan surprises, pay for outings, and stay connected through everyday transactions.

From these entries, four couples were selected, each showcasing how PalmPay has enabled fast and reliable transactions in key moments.

One video from @simply.omotoshan, one of the selected couples, captures the role of seamless payments in making their spontaneous moments possible.

She said in her entry video: “Our cutest money moment with PalmPay was when we planned our Valentine’s picnic and realized we had forgotten half of the things we needed; literally, half of everything. We rushed to the mall to get cakes, food, decorations, and all the essentials. When it was time to pay, we used PalmPay.

“The transaction was smooth, fast, and stress-free.  In no time, we were done setting up our Valentine-themed picnic with everything perfectly ready. Honestly, all our experiences with PalmPay have been easy and satisfying, but this one is definitely our cutest money moment. Thank you, PalmPay.”

A testimonial from the fourth selected couple, Mohammed and his wife, reflects his excitement: “Hello PalmPay, thank you so much for selecting us as one of the winners of the #LoveWithPalmPay campaign. We truly appreciate this. My wife and I are very grateful. Thank you, PalmPay, for the love and support. We’re so happy and thankful for the N100,000 reward. We love you, PalmPay, and long live PalmPay. Thank you so much.”

Beyond the feel-good stories, the campaign reflects a broader shift: fintech is no longer just about transactions, it’s about enabling experiences. Reliable payments, fast transactions, and accessible financial tools reduce the friction that can disrupt important moments, allowing users to focus on connection rather than logistics.

From paying for dinner to managing other expenses, PalmPay continues to demonstrate how digital financial services support modern relationships, proving that in today’s economy, love is not only felt, it’s funded digitally.

 


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KPMG Strengthens Africa Leadership to Support Long‑term Growth Across the Continent

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KPMG has appointed Tola Adeyemi as Chief Executive Officer for KPMG one Africa, alongside the addition of Professor Olayinka David‑West and Dr. George Njenga as independent members of the Africa Governance Council (AGC).

Effective from March 2026, the appointments reinforce the firm’s leadership expertise, underscore a long‑term commitment to Africa and highlight confidence in the continent’s growth potential.

“Africa is one of the most dynamic and promising regions in the global economy, and KPMG is committed to playing a meaningful role in its growth story,” said Tola Adeyemi, incoming CEO for KPMG One Africa.

He continued: “It is a privilege to step into this role at such a pivotal moment for both KPMG and the continent. I look forward to building on our strong, connected and high‑performing base to deepen collaboration and deliver consistent quality and impact across our markets.”

KPMG is recognised globally for its commitment to quality, integrity and professional excellence, supported by a strong global network of member firms. Trust remains the foundation of the audit and accounting profession, with high standards of governance, ethics and audit quality increasingly demanded across Africa’s public and private sectors.

KPMG One Africa’s approach brings the continent closer together with strong leadership to strengthen cross-border collaboration and offer shared expertise and consistency which is business‑critical to help clients navigate complex risks and unlock sustainable growth opportunities.

Commenting on the appointment, Professor Ben Marx, Chairman of the Africa Governance Council, said: “Tola Adeyemi is exceptionally well positioned to lead KPMG One Africa. In addition to his global perspective as a member of the KPMG Global Council, he brings significant influence and credibility as a respected business leader across the continent.”

The appointments of Professor David‑West and Dr Njenga to the Africa Governance Council, which provides board level governance, further strengthens independent oversight, bringing strong academic credentials alongside deep strategic and business expertise.

“These appointments reinforce KPMG’s commitment to strong governance, accountability and leadership depth,” Marx added. “They complement our established African leadership team, in‑country managing partners and regional senior partners, further enhancing our client‑centric approach across Africa.”

 


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