E-Business
IBM Promotes Innovation at Lagos Hackathon

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.
E-Business
FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare services.

Pic credit….healthreporters.info
The platform, championed by the Pharmacy Council of Nigeria (PCN), is designed to regulate digital pharmaceutical services and improve public health outcomes.
Inaugurating the platform, Prof. Ali Pate, coordinating minister of Health and Social Welfare, said the initiative signified Nigeria’s commitment to building a world-class regulatory environment.
Pate noted that pharmacy regulation had faced significant challenges for over three decades but expressed optimism that the new platform would strengthen oversight and accountability.
He said the initiative would enable evidence-based monitoring of pharmaceutical practices while supporting innovation and investment in the health sector.
“This launch is a testament to our collective commitment to advancing technology in the service of health, safety and human dignity.
“It is a decisive step to ensure that pharmaceutical practice in Nigeria aligns with national and global health priorities, reflecting the realities of the 21st century.
“It enables the country to adopt evidence-based approaches to monitoring and protecting public health while supporting innovation and investment,” he said.
The minister added that the platform would help establish a safe, accessible and well-regulated national e-pharmacy ecosystem driven by digital technology.
Earlier, Alhaji Ibrahim Ahmed, registrar/chief executive officer of PCN, said the need to regulate online pharmacy operations became more urgent during the COVID-19 pandemic.
Ahmed said the pandemic accelerated the adoption of digital tools and e-commerce in healthcare, exposing longstanding inefficiencies in pharmaceutical supply chains, particularly in Africa and Nigeria.
“This has led to the increasing adoption of digitised distribution of essential medicines through cost-effective and technology-enabled models.
“For decades, PCN has regulated pharmacy education, training, practice and business in Nigeria. However, as the world shifts towards digital solutions, access to medicines has evolved.
“The Electronic Pharmacy Regulations 2026 provide a comprehensive legal and technical framework for the registration, licensing, operation and oversight of digital pharmaceutical services,” he said.
He added that the framework would ensure that ethical standards and patient safety are not compromised in the delivery of online pharmaceutical services.
E-Business
Flutterwave Targets Anambra as South-East Tech Hub

Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the Central Bank of Nigeria (CBN) to boost local fintech and businesses.

Flutterwave
Agboola made the disclosure yesterday in Awka during a meeting with Anambra tech community leaders, hosted alongside Dr. Stanley Uzochukwu, CEO, Stanel Group and proprietor, Delborough Hotel.
He highlighted Flutterwave’s status as Africa’s leading payment system, born in Nigeria, with infrastructure powering companies nationwide.
“We want Anambra to be our hub for the entire South East,” Agboola said. “We’ll deploy our systems, fees, infrastructure, and POS terminals to every small business and large firm here, making our services the top consumer choice.”
Agboola pledged a massive impact program for Anambra entrepreneurs to foster global platforms from the state, enabled by the new license for faster growth.
For a decade, Flutterwave has facilitated payments, but now aims to empower South East businesses through partnerships, POS access, loans, and value for SMEs.
“We’re partnering on a huge impact program launching soon—impacting the tech community with technology, financing, and lending to create more millionaires from this city,” he added.
E-Business
NESREA, ACMTI, Others Launch Carbon Utilisation Initiative in Nigeria

The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with the Africa Carbon Management Technology & Innovation (ACMTI) and the Clean Energy Ministerial Carbon Capture, Utilisation and Storage Initiative (CEM-CCUS), has launched a Carbon Capture, Utilisation and Storage (CCUS) Initiative Platform in Nigeria.

Speaking at the launch in Port Harcourt, Rivers State, Prof. Innocent Barikor, the Director-General of NESREA, described the project as a major milestone in Nigeria’s journey toward environmental sustainability, climate resilience, and industrial transformation.
Barikor explained that the CCUS solution provides an economically viable pathway for industrial decarbonisation by enabling the capture, storage, and utilisation of carbon in sectors such as beverage production, cement manufacturing, chemicals and fuels, enhanced oil recovery, and agriculture.
“We need to reduce carbon in the atmosphere to acceptable levels. Its utilisation offers opportunities to capture and store carbon and deploy it for industrial purposes. We are building a circular economy—turning environmental challenges into economic opportunities in line with regulatory provisions,” he said.
He noted that the CCUS Platform is a collaborative ecosystem designed to bring together key stakeholders, including government institutions, industry leaders, academia, technology developers, development partners, and investors.
Also speaking, the Vice-Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, commended NESREA for the initiative, describing it as a practical mechanism for coordination, innovation, and action toward Nigeria’s 2035 climate targets and broader energy transition goals.
He added that the university is well-positioned to host the CCUS initiative, noting that its Energy Technology Institute has developed credible expertise in energy transition-related fields critical to the success of CCUS in Nigeria.
On his part, the Coordinator of ACMTI and Facilitator of the Carbon Technology Innovation Platform (CTIP), Dr. Richard Victor Osu, said the vision is to position Nigeria as a regional leader in carbon management technologies while contributing meaningfully to Africa’s climate commitments and global decarbonisation efforts.
Osu explained that Port Harcourt was selected due to its potential as a CCUS hub, adding that the platform will focus on advancing research and innovation, building technical capacity, promoting public-private partnerships, attracting investment, and fostering collaboration with international research and technology partners.
Juho Lipponen of the CEM-CCUS Initiative assured that the organisation would support Nigeria in prioritising CCUS in clean energy discussions, strengthening carbon management deployment programmes, boosting partnerships, facilitating financing solutions, and promoting positive narratives around carbon utilisation.
The event attracted participants from the United States, France, Brazil, Canada, the United Arab Emirates, and the United Kingdom, who shared insights on the initiative.
Also in attendance were representatives of the National Oil Spill Detection and Response Agency (NOSDRA), the National Council on Climate Change (NCCC), the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Rivers State Ministry of Environment, as well as private sector stakeholders and development partners.
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