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IBM Promotes Innovation at Lagos Hackathon

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The technology giant flagged off its pan-African hackathon series recently in Lagos, Nigeria’s industrial and commercial hub with the “IBM Lagos Hackathon”, a four-day technology training and ideas incubation programme codenamed ‘The IBM “Lasgidi” Hackathon’ in reference to the moniker (Lasgidi) used by Lagos residents to describe their city.

Targeted at young technology and computing practitioners, software developers, engineering and computer science students, the IBM Lasgidi Hackathon was attended by about 90 individuals, mostly budding software scientists and students from about 10 tertiary institutions in Nigeria.

Many student participants travelled from parts of Western and Eastern Nigeria to be part of this talent and capacity building programme which will also be convened by IBM in East and Southern Africa in the months ahead.

Taiwo Otiti, country general manager, IBM West Africa formally declared the hackathon event open by advising participants to “get hungry for technology information and always be eager to soak in as much knowledge as they can.”

“I can tell you that talent has never been more important as it is today in the technology sector,” Otiti said.

“Innovation and talent are at the core of the Information Technology revolution with the potential for positive impact on individuals, communities, countries and the world.” 

“This ‘IT Impact’ has been due to the evolution of organizational behavior and the growing role that organizations like IBM play in ensuring that many of society’s challenges and problems do not go unaddressed or unresolved. Promoting talent in the field of Science & Technology has therefore become a way of life at IBM,” Otiti said.

The IBM Lasgidi Hackathon will enable and encourage students to build mobile applications that run on mobile devices, compete for innovation grants, and develop new skills. The coding competition will introduce them to IBM’s latest leading technology tools and frameworks to help build smarter and faster software solutions.

IBM is reputedly one of the top corporate promoters of hackathons globally, which is part of the organization’s culture of Research & Development.

The company spends over $8 billion annually on R&D, and has recently opened its 12th research laboratory in Africa, in Nairobi, Kenya.

Hackathons are software programs or projects which seek to create a virtual environment where society’s problems and solutions are simulated and incubated for future development.

Participants at the IBM Lasgidi hackathon focused on developing applications for Mobile Payments and Smarter Government Solutions, two key areas relevant to the development of Nigeria, Africa’s largest economy by population (150 million).

 And the location of this hackathon, Lagos, Africa’s most populated city (25 million, according to the United Nations) is home to 80% of Nigeria’s technology industry, according to Nigeria Computer Society (NCS).

“IBM has been helping to power transformation and technology innovation for over 100 years,” Mrs. Adeola Allison, IBM’s West Africa Leader for Developer Relations, Independent Software Vendors, Startups & Academic Initiatives said.

“Focusing on mobile payments and smarter government solutions is therefore a deliberate attempt to make a positive impact and contribution to the innovation agenda of Business and Government in Nigeria.”

IBM Innovation Partners for this Lagos hackathon are the Federal Ministry of Communications Technology, the Lagos State Ministry of Science & Technology, University of Lagos, Airtel, CBC Limited, Wecyclers, Coders4Africa, CcHUB, Smart Campus, ICT Brokers, Quality Certain and other academic and non academic institutions in Nigeria.


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E-Business

NITDA DG Reaffirms FG Commitment to Responsible and Inclusive AI

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The Federal Government of Nigeria has reaffirmed its commitment to building a responsible, inclusive, and sovereign artificial intelligence ecosystem to enable Nigeria to transition from being a passive consumer of AI technologies to an architect and builder of indigenous AI systems.

This was said by the Director General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi CCIE, while delivering a virtual address at the InnovateAI Conference held in Lagos.

The conference brought together policymakers, technology leaders, innovators, and stakeholders to discuss the future of artificial intelligence and its role in driving Nigeria’s digital economy and national development agenda.

Inuwa outlined Nigeria’s ambition to transition from being a consumer of artificial intelligence technologies to becoming a builder and owner of AI systems that reflect national values and priorities, in line with the National AI Strategy.

“Our goal is not just to use AI, but to architect and build our own AI systems in Nigeria,” he said, stressing that the country must take ownership of its AI future.

He noted that Nigeria’s approach to artificial intelligence extends beyond innovation to include governance, infrastructure, data sovereignty, and policy evolution.

According to him, “Responsible AI is never a finished job; it is an iterative journey. Our policies must evolve as the technology evolves, and we must avoid frozen laws by adopting living policies that adapt over time.”

He cited the implementation of the Digital Economy and E-Governance Bill as a key mechanism for generating insights that will help refine AI regulations and governance frameworks.

Inuwa also highlighted the challenge of data representation in global AI systems, noting that most models are trained on non-African datasets, which often results in bias against local dialects, cultures, and demographics.

“If a model shows bias against a local dialect or demographic, we cannot just patch it. We must reinvest in infrastructure to retrain it with inclusive and representative local datasets,” he stated.

He added that building national AI infrastructure is critical to achieving data sovereignty and ensuring that Nigeria is not merely an end user of foreign AI systems.

He further called for strategic partnerships with global technology companies and hyperscalers to build AI infrastructure in Nigeria while aligning with local values and national priorities.

“The world today is a global village. We need to work with global players, but they must understand our local nuances and help us build the infrastructure to retrain and develop AI models that reflect our context,” he said.

The NITDA Director General explained that adopting a comprehensive AI lifecycle approach, from responsible data collection and governance to deployment and continuous feedback, will enable Nigeria to move from reacting to AI developments to proactively designing indigenous AI systems.

“Without understanding how AI models are trained, how decisions are made, and how models are retrained, it will be difficult to build a responsible and trustworthy AI system,” he warned.

He reaffirmed that the Federal Government is intentional about promoting responsible AI and is working closely with the technology ecosystem to co-design national AI guardrails. He described platforms such as the InnovateAI Conference and other national AI dialogues as critical to shaping Nigeria’s AI future.


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Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

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Mutual Benefits Assurance, a leading Nigerian insurance company, has paid a total of ₦5,937,665,353.57 in claims to policyholders in January 2026 alone, underlining its strong financial capacity and unwavering commitment to prompt claims settlement.

Mutual Benefits Assurance Settles ₦5.9bn Claims in January 2026

Mutual Benefits Assurance

A breakdown of the figures shows that ₦3,426,602,834.28 was paid under its General (Non-Life) Insurance portfolio, while ₦2,511,062,519.29 was paid across its Life businesses, including Group Life and Retail Life policies.

The significant payout within a single month reinforces Mutual Benefits’ reputation as a dependable insurer that honors its obligations swiftly and responsibly.

Commenting on the development, Olufemi Asenuga, Managing Director, Mutual Benefits Assurance Plc stated that claims settlement remains the core promise of insurance and the ultimate test of an insurer’s credibility.

“Insurance is built on trust. Our ability to settle over ₦5.9 billion in claims in one month demonstrates not only our financial strength, but also our deep commitment to our policyholders. At Mutual Benefits, we do not just sell policies. We stand by our promises,” he said.

With over three decades of operations, Mutual Benefits has consistently positioned itself as a strong and well-capitalised insurer.

The company operates both Life and General Insurance businesses and remains fully compliant with regulatory capital requirements as stipulated by the National Insurance Commission (NAICOM).

The January payout reflects Mutual Benefit’s robust underwriting standards, prudent risk management practices and efficient claims administration framework.

It also aligns with the company’s broader record of substantial claims settlement in recent years, reinforcing its standing as a trusted brand in the Nigerian insurance industry.

Mutual Benefits employs over 5,000 staff, managed by seasoned management team and an experienced Board of Directors. Industry observers note that prompt claims payment remains one of the most critical differentiators in Nigeria’s competitive insurance landscape.

By consistently settling valid claims without delay, Mutual Benefits continues to strengthen customer confidence, deepen market trust and expand its footprint across retail and corporate segments.

As the company begins 2026 on a strong footing, it reiterates its commitment to innovation, service excellence and delivering value to policyholders and stakeholders alike. Mutual Benefits Assurance focused on its mission to provide reliable risk protection solutions while maintaining the highest standards of professionalism and integrity.


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NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

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National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity warning about a serious Microsoft Office vulnerability (CVE-2026-21509) that attackers are actively exploiting.

NITDA Warns Nigerians of Actively Exploited Microsoft Office Vulnerability

This advisory, shared through Nigeria’s Computer Emergency Response Team (CERRT.NG), highlights the risks of this flaw and recommends immediate action to protect systems.

Microsoft has released quick security updates to fix this vulnerability, which has a severity score of 7.8, showing it is a serious risk. Attackers have already used it in targeted attacks.

CVE-2026-21509 affects multiple versions of Microsoft Office, including Office 2016, Office 2019, Microsoft 365 Apps, Office 2021, and later versions.

This flaw allows attackers to bypass security features meant to stop harmful Object Linking and Embedding (OLE) controls. OLE is an older Microsoft technology that can be used to embed links or content, but it has often been exploited by malware.

By exploiting this flaw, attackers can create specially designed Office documents.

When a user opens these documents, they can run malicious code or gain further access to the system.

Exploitation requires user interaction, meaning attackers often trick people into opening harmful Word, Excel, or other Office documents. Common methods include using email attachments or files from untrusted sources.

Because Microsoft confirmed that the vulnerability is being actively exploited, they have made emergency security updates available outside their usual schedule. Users and organisations should:

  1. Install the latest Microsoft Office security updates for all affected versions.
  2. Restart Office applications for Office 2021 and later to ensure that the updates take effect.
  3. Use registry-based settings for protection if updates can’t be applied right away.
  4. Follow good cybersecurity practices, like using endpoint protection and filtering emails.

Microsoft’s updates for Office 2021 and newer versions are automatically applied, but need a restart of the applications to be active.


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