Connect with us

E-Business

Jack Dorsey: Unpicking Twitter Boss’s Passion for Nigeria

Published

on

Jack Dorsey:, Twitter CEO
Kindly share this post

By Nduka Orjinmo – BBC News

Twitter CEO Jack Dorsey is no stranger to controversy but in Nigeria he has become embroiled in the battle between the country’s tech-savvy youths and a ruling class that is seen to be out-of-touch with their thinking.

Jack Dorsey: Unpicking Twitter Boss's Passion for Nigeria

Jack Dorsey, Twitter Boss

His Twitter platform was used to galvanise support for last year’s #EndSars protests, which began as a movement against police brutality and morphed into a confrontation between the political class and Nigeria’s youth.

But Twitter is now blocked in the country after a recent tweet by President Muhammadu Buhari, 78, was deleted.

Many Nigerians adore Mr Dorsey. His ideals of open internet, freedom of expression and economic rights resonate with those who feel marginalised by their government.

Far from being intimidated by the Twitter ban, Mr Dorsey has kept tweeting about Nigeria and has captivated many here.

Advertisement

As the nation marked Democracy Day on 12 June and protests were held in different cities calling for a reversal of the block on Twitter, he tweeted the Nigerian flag with an emoji of a handshake and “#bitcoin”.

— jack (@jack) June 12, 2021

The next day he retweeted an article calling for the Nigerian government to pursue a Bitcoin standard, and quoted a tweet with the caption “the people of Nigeria will lead #bitcoin”.

Some analysts say this shows Mr Dorsey is a businessman looking after his interests.

While he is more famous as the CEO of Twitter, Mr Dorsey is also the founder of Square and Cash App, two payment processing platforms with interests in cryptocurrencies, especially Bitcoin.

Advertisement

Cryptocurrencies targeted

Nigeria’s cryptocurrency market is the largest in Africa.

High inflation and a weak national currency has led millions to turn to digital currencies, which some see as safer and more reliable.

“There will always be room for products and solutions that help Nigerians save, invest and hedge in currencies other than in naira [the local currency],” said Faith Obafemi, a cryptocurrencies expert in Lagos.

She said there was space in the Nigeria cryptocurrencies market for services like trading that Mr Dorsey’s financial apps can provide.

Advertisement

However, Nigeria’s crypto-market is under regulation after the central bank placed restrictions in February.

Concerned by the growing adoption of digital currencies and what it saw as the harm it posed to the Nigerian economy, the government barred financial institutions from dealing in them.

But the regulation has had the opposite effect as investors have seen an increase in activity.

Much like the way people have got around the Twitter ban, there has been a surge in cryptocurrency transactions between individuals that bypass the financial institutions.

“When you look at the Twitter ban and you look at the cryptocurrency ban, it really draws from the same government-driven fear which is: ‘To what extent can we allow Nigerian youths to exercise freedom on the internet?’,” said Senator Ihenyen, head of Nigeria’s blockchain and cryptocurrencies association.

Advertisement

Mr Dorsey’s defenders argue that while he is advancing his business interests, he also appears to be genuinely interested in Nigeria – even though he overlooked it for Twitter’s Africa headquarters, preferring Ghana instead.

One-stop shop for everything

Mr Dorsey visited Lagos as part of his tour of Africa in November 2019, and a Nigerian, Uche Adegbite, is among the social media giant’s senior directors.

Nigeria’s former Finance Minister and current World Trade Organisation head, Ngozi Okonjo-Iweala, had also previously served on Twitter’s board.

The founder of the Co-Creation Hub in Lagos, Bosun Tijani, who met Mr Dorsey during his visit, said the Twitter CEO left with a strong belief that the platform was having a real impact in Nigeria.

Advertisement

“It’s a country that is typically hierarchical but Twitter is one of the platforms that gives opportunity for people, regardless of who you are, to have conversations that naturally in the Nigerian context you never get to have,” he said.

In fact, Twitter in Nigeria is more than a platform. It is a one-stop shop for everything – from job openings, to a missing persons portal, and a civic space to hold public officials to account.

It made its biggest political impact during last year’s #EndSars demonstrations, when it became the platform of choice for the young demonstrators. They succeeded in forcing the president to scrap the Special Anti-Robbery Squad (Sars), a notorious police unit that was known for its brutality.

However, the peaceful protests were then hijacked by thugs who damaged public buildings across Nigeria.

For that, the government says it holds Mr Dorsey “liable”, with some officials going as far as to accuse him of being part of a campaign to remove President Buhari from office.

Advertisement

Buhari’s controversial tweet

Information Minister Lai Mohammed has alleged that Mr Dorsey raised funds through Bitcoin to sponsor one of the protest groups , and Twitter – which created a special emoji in support of the demonstrations – was used to stoke the crisis. Mr Dorsey has not commented on the allegations.

Relations hit a new low last month when the government blocked Twitter, alleging that the micro-blogging site was being used to undermine “Nigeria’s corporate existence” through the spreading of fake news that had “violent consequences”.

This came after Twitter deleted a tweet by President Buhari about the security issues in south-east Nigeria. He said “those misbehaving today” would be dealt with in “the language they will understand”.

The president faced a massive backlash from users who saw this as a threat of violence. As a result Twitter accused accusing Mr Buhari of violating its rules and removed the tweet.

Advertisement

The government was furious and accused Twitter of double standards. It highlighted messages by Nnamdi Kanu, the exiled leader of a banned group calling for secession from Nigeria, which it argued encouraged the killing of police officers.

Those tweets were subsequently deleted by Twitter.

The Twitter founder has largely stayed out of politics in other African countries, fuelling suspicion among his critics that he not only has a business interest in Nigeria, but also a political interest.

But Mr Tijani simply sees Mr Dorsey as representing a new breed of CEOs.

“He’s not the generation of Bill Gates. He’s part of the generation that doesn’t rely on the government,” he said.

Advertisement

Moreover, Nigeria’s youth are using his invention to push for political and economic change, worrying a government that does not have a good grasp of technology.

“[Government leaders] are beginning to see that this technology can be used to challenge them in ways that people have never been able to challenge them,” Mr Tijani added.

.

Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

E-Business

Tinubu Orders NIMC to Enrol Every Nigerian by End of this Year – DG

Published

on

Kindly share this post

President Bola Tinubu has directed the National Identity Management Commission (NIMC) to ensure that every Nigerian is enrolled in the national identity database before the end of 2026, according to Abisoye Coker-Odusote, director general and chief executive officer of the agency.

Tinubu Orders NIMC to Enrol Every Nigerian by End of this Year - DG

Abisoye Coker-Odusote, director general and chief executive officer, NIMC

Coker-Odusote, who appeared on Channels Television, said the directive forms part of the federal government’s efforts to establish a comprehensive national identity system capable of supporting effective governance, planning, and service delivery.

“The President has given us till the end of this year to make sure that we capture every single Nigerian,” she said.

According to her, NIMC is working with partners under the World Bank-supported Identification for Development (ID4D) project to accelerate nationwide enrolment.

“What we have done is we have partnered through the World Bank ID4D project with front-end partners. They are part of the digital identity ecosystem. These are private citizens that we’ve enabled and given jobs to enrol citizens on our behalf,” she explained.

She stressed that the National Identification Number (NIN) remains a unique identifier, ensuring that every individual is registered only once.

Advertisement

“That’s why it’s called a unique identifier, so that you’re only enrolled once,” the NIMC DG added.

Coker-Odusote said Nigeria’s actual population remains uncertain, with estimates ranging from 200 million to 250 million, making a comprehensive identity database essential for national planning.

“It is estimated that we’re 200 million. When we’re done enrolling, we will then know the actual numbers that we have. Some estimates say 230 million, while a few people say 250 million.

“Your identity is basically the foundation for effective governance and service delivery. How can you plan if you don’t know the total number of persons that you have? We have been mandated by Mr President to go down to the community levels to enrol every single Nigerian”, she said.

Responding to concerns about whether an individual could obtain multiple identities by registering in different locations or under different names, the NIMC boss said the commission’s biometric verification system prevents such occurrences.

Advertisement

She explained that while the previous system could accept duplicate enrolments before detecting them later, the current process automatically identifies and invalidates multiple registrations.

“The legacy system had no way of verifying at the front end whether you had already been captured. Once the record comes into the system, it flags it as a duplicate or that the person already exists in the database.

“You would only have one identity generated for you. The other record goes into a deduplication bucket where it is invalidated,”  she said.

The NIMC DG added that biometric verification, including fingerprints and facial recognition, makes it virtually impossible for one person to maintain multiple identities.

“Absolutely. One of the things that this Act has done is to cement our role in capturing biometrics. Private and public sector organisations will no longer capture biometrics independently. They will validate identities through API integration with NIMC.

Advertisement

“The telcos are already doing that with us. If you need a SIM card, they capture your facial biometrics, which are matched against our database in real time to confirm that you are who you claim to be. We’re using biometric validation to tighten security around identity confirmation,” she said.

The remarks come weeks after Tinubu signed the National Identity Management Commission (NIMC) Act 2026 into law on June 26, repealing the 2007 legislation.

The new law reinforces the “One Person, One Identity” policy by making the NIN the country’s foundational identity credential for accessing government and essential private services, including banking, passport applications, tax administration, pensions, land transactions, and consumer credit.

It also introduces stiffer penalties for identity theft, multiple registrations and unauthorised access to personal identity data, while strengthening data privacy protections and granting NIMC wider powers to investigate identity-related offences.

 

Advertisement

Kindly share this post
Continue Reading

E-Business

Kaspersky Warns of AI Risks for World Cup Fans

Published

on

Kindly share this post

Cybersecurity and privacy experts are raising concerns around the growing trend of sports fans using generative AI to create World Cup-related images, mock-ups, predictions and social media content.

Whilst offering new ways for supporters to engage with major sporting events, these tools also introduce risks that many users may underestimate. In light of this, Kaspersky has shared the key risks fans should keep in mind when using generative AI tools, so they can continue enjoying the championship with peace of mind.

When fan AI goes rogue. A growing number of AI tools are being used to create World Cup-themed visuals, avatars, memes and other fan content. While these services may seem creative and harmless, not all of them come from trusted providers.

Many are launched quickly to capitalise on interest around major events, increasing the likelihood that users will interact with platforms that offer limited transparency around data handling, lack adequate privacy and security measures, or might even be designed with malicious intent.

Personal data at stake. To create customised World Cup content, users are often asked to upload selfies, sign up with an email address, connect social media accounts or share other personal information. In doing so, they may reveal more information than necessary without fully understanding how that data will be stored, used, or potentially exposed.

Advertisement

“AI-driven fan content may seem harmless, but one of the key privacy risks is that users are often encouraged to share far more personal information than necessary. A simple request to generate a themed avatar can involve the collection of photos, contact details, account data and behavioural insights – information that may later be insufficiently protected.

“Because major global events often create an ideal environment for opportunistic actors, fans should take a closer look at how these tools manage personal data before engaging with them,” says Anna Larkina, web content analysis and privacy expert at Kaspersky.

When fan content becomes a scam. AI-generated World Cup content in some cases can also be used to support fraud. Cybercriminals may use convincing mock-ups, fake giveaways, or official-looking fan pages to attract attention and build trust. Once users engage, they may be redirected to phishing sites, fake stores, fraudulent offers, or betting-related scams. Generative AI makes these campaigns easier to produce, more persuasive and far easier to scale.

The myth of AI predictions. Another area that deserves caution is AI-powered match prediction. However advanced or data-driven these tools may appear, AI cannot reliably predict inherently uncertain sporting outcomes. When used to promote betting, paid subscriptions or “insider communities”, such services can create a false sense of confidence and encourage risky decisions.

Advertisement

Kindly share this post
Continue Reading

E-Business

JustMarkets Unveils New Web Terminal That Lets MT5 Traders Skip Software Downloads

Published

on

Kindly share this post

Multi-asset global broker JustMarkets has launched its Web Terminal, an advanced browser-based trading terminal now available to all clients in any country supported by the broker.

JustMarkets Unveils New Web Terminal That Lets MT5 Traders Skip Software Downloads

JustMarkets

The company said the new platform forms part of its ongoing effort to expand and strengthen its trading ecosystem. Before the official launch, the Web Terminal went through a preparation phase during which the team fine-tuned its technical performance and gathered user feedback.

“At JustMarkets, we never stop evolving,” a JustMarkets representative said. “With the Web Terminal, we wanted to remove every barrier between traders and the markets. Now every client can trade directly from their browser, with all the professional tools they need at their fingertips.”

The Web Terminal is fully available for MT5 accounts, allowing traders to access a professional trading environment without downloading or installing any software. The broker said the platform runs entirely in the browser, enabling clients to start trading instantly from any device.

To access the terminal, users are required to choose a trading account, press the “Trade” button, and then select “JustMarkets Terminal” from the window that appears.

The broker said the platform includes advanced charts with technical indicators and graphical tools, flexible volume settings that allow trade volume to be set in lots or in units of the asset, detailed asset descriptions, a market sentiment tool that provides real-time trading sentiment, timely updates on trading schedules and margin changes, and tools for managing multiple trading positions and pending orders.

Advertisement

According to the company, the launch follows the introduction of the JustMarkets mobile app for trading on the go and represents another step in its broader innovation strategy.

JustMarkets said it remains committed to growth and has additional features, tools, and improvements already in development.

Kindly share this post
Continue Reading

Trending