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Communication Week Media Congratulates BoICT 2017 Awards Winners



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The editorial board, management and staff of Communication Week Media Limited, publishers of Nigeria CommunicationsWeek (weekly magazine); Communications ( The Guardian on Fridays) and daily e-newsletter, on Monday congratulated corporate and individual awardees at the recent Beacon of Information and Communication Technology (BoICT) awards 2017

Mr. Ken Nwogbo, publisher and editor in-chief of Communication Week Media Limited, said, “Starting from those who participated in the nomination/voting process to the winners, who took home the highly coveted awards we congratulate all.  The Beacon of ICT Distinguished Lecture also reflected the goal-, which is an effort to put Nigeria on the global information and communications technologies map.

“The special invitees are also worthy of appreciation, especially for their supports and encouraging words towards the organization of this year’s event”.

Roll Call of Winners:

Individual Awardees:
Peter Arogundade, MD, Sidmach Technologies Nigeria Limited (Man of The Year Award); BiodunOmoniyi, MD/CEO, VDT Communications Limited (ICT Personality of The Year Award); Gbenga Adebayo, chairman of ALTON and chairman/group CEO, CNSSL Group of Companies (Life Time Achievement Award; Femi Adeoti, MD/CEO, Africa Operations for Inlaks (ICT Entrepreneur Of The Year); Obabori Peter Olusola, GMD, Red Star Express Plc., Courier Personality Of The Year; Hillary Nwaukor- CEO, i-Naira Integrated Services Ltd.,- Technology Innovator Of The Year; Tony Ojobo, director, Public Affairs, Nigerian Communications Commission (NCC)- Spokesman of The Year;

Corporate Awardees
Nigerian Communications Commission (NCC)- Regulator Of The Year; Sidmach Technologies Nigeria Limited- Best Indigenous Software Company Of The Year; Sidmach Technologies Nigeria Limited- Technology Innovation Hub Of The Year; Inlaks Computers- ICT Company Of The Year; Aviat Networks- Backhaul Wireless Integrator Of The Year; Cornerstone Insurance Plc.,- Best Use Of Technology Insurance Company Of The Year; CNSSL Call Centre Limited- BPO Contact Centre Of The Year; VDT Communications- Broadband Company Of The Year; VDT Communications- Corporate Internet Company Of The Year; ESET (Nigeria)- Information Security Product Of The Year; Spectranet 4G LTE- Best 4G LTE Provider Of The Year; Zenith Bank Plc.,- Mobile Banking App Of The Year; Computer Warehouse Group (CWG)- e-Commerce Platform Of The Year (; Rack Centre- ICT Infrastructure Provider Of The Year; Rack Centre- ICT Infrastructure Provider Of The Year (Data Centre); Vodacom Business- Enterprise Solutions Provider Of The Year; Vodacom Business- Internet Of Things Focused Company Of The Year; Priority Communications Limited- IT Service Provider Of The Year; Soft Solutions Limited- Cloud Computing Security Company Of The Year; Tradeways Express Int’l Limited- Most Innovative Courier Operator Of The Year; Cellulant- Best Payment Platform Solutions Provider Of The Year; DHL- Courier Operator Of The Year (Int’l); OLX (Nigeria)- Best Classified Ad Website Of The Year; Online Forex Trading Company Of The Year; Digital Encode- Cyber Security Company Of The Year; Digital Encode- Compliance Advisory Company of the Year Skool Media- Tech Start-Up Of The Year; Path Solutions- Islamic Banking Solutions Provider Of The Year 2017; Themap.Online- Fastest Growing e-Commerce Portal Of The Year; Weco Systems Int’l Limited- ICT Business Integrator Of The Year; Transroyal Courier Limited- Best Indigenous Courier Company Of The Year; Medallion Communications Limited- ICT Clearing House Of The Year; FPG Technologies & Solutions Limited- Cyber Security Product Company Of The Year; Gionee- Mobile Phone Brand Of The Year; 21st Century Technologies Limited- Fiber Optic Provider Of The Year; SystemSpecs- e-Payment Platform Of The Year (Remita); FinTrak Software- IT Implementation and Support Company Of The Year; FinTrak Software- Business Efficiency Solutions Provider Of The Year; Wakanow- Travellers Portal Of The Year; Sunnet Systems & Data Services- Customer Focused Technology Company Of The Year; i-Concept- Telecom Value Added Services (VAS) Provider Of The Year

The Beacon of ICT Distinguished Lecture is designed to explore efforts to put Nigeria on the global information and communications technologies map.

The awards are Communication Week Media’s effort to honour deserving individual and corporate organizations through a transparent voting process.

At the inaugural edition of the event which comes after a lecture, Dr. Ernest Ndukwe, then executive vice chairman, Nigeria Communications Commission (NCC) delivered the lecture and gazing into the crystal ball, foretold a broadband revolution.

Over the years, Engr. Yomi Bolarinwa, former Director-General of National Broadcasting Commission (NBC); Dr. Jean Luc Fort, CEO at OR System France and a specialist in Counterparty Risk; and Professor Chris Nwagboso, Chairman, Knowledge Factory International, United Kingdom and one of the best brains in integrated transport and automotive systems in world have delivered the keynotes.

Others are: Uche Orji, managing director/chief executive officer, Nigeria Sovereign Investment Authority (NSIA); Biodu Omoniyi, Managing Director/CEO, VDT Communications; and Ayotunde Coker, Managing Director, Rack Centre Limited.

There has never been a dull moment with the event which draws top politicians and government functionaries as well captains in the ICT industry as well financial institutions.



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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.

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PalmPay Named Among Top 250 Fintech Companies in the World by CNBC and Statista



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Africa-focused fintech platform, PalmPay, has been included in the 2024 edition of CNBC and Statista’s prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay’s rapid growth and significant contributions to advancing financial inclusion.

The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology. More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection.

In 2024, some of the most influential fintechs in the world were included in the list, including Alipay, Nubank, Monzo, and Revolut. Six other African firms made the list: Flutterwave (Nigeria/US) – Payments; Kuda (Nigeria/UK) – Neobanking; MTN (South Africa) – Payments; Piggyvest (Nigeria) – Financial planning; and Yoco (South Africa) – Payments.

PalmPay has developed an integrated platform that caters to consumers and businesses in the African market. The startup, which has been operating since 2019, pioneered a unique model in Nigeria that provides financial services such as money transfers, bill payment, credit services and savings via a one-stop-shop fintech ‘superapp’ and mobile money agents.

This dual approach of easy-to-use digital banking, combined with offline touchpoints for those without smartphones, has contributed to driving financial inclusion in a market where more than 40% of adults remain unbanked.

In 2023, PalmPay announced a major milestone of reaching 30 million registered users on its smartphone apps and 1.1 million businesses in its network of mobile money agents and retail merchants. A third of PalmPay customers report that the platform was their first-ever financial account.

PalmPay has quickly grown to become a market leader in Nigeria thanks to its user-friendly interface, reliable transactions, and focus on driving market share through fee-free transfers and promotions. PalmPay processes 15 million transactions on its consumer app daily and maintains a 99.5% transaction success rate.

To achieve this scale in a market where 10% transaction failure rates were common, the company built out its payment infrastructure, channel integrations and transaction routing systems. In addition to its consumer wallet, PalmPay offers services to businesses that leverage the PalmPay platform via its suite of POS machines, APIs and checkout solutions.

“It’s an honour for PalmPay to be recognised by CNBC and Statista as one of the World’s Top Fintech Companies,” said Sofia Zab, Global CMO, “This recognition validates our unique approach to financial services and our commitment to driving financial inclusion. We are actively expanding PalmPay’s reach and offerings, ensuring more people have access to essential financial services and promoting economic development in emerging markets”

PalmPay operates in several key markets across Africa, including Nigeria, Ghana and Tanzania, with plans to expand further in the region and other emerging markets. The company has global HQs in China and London.

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WiDEF Launches Round of Technical Assistance to help Close the Gender Digital Divide



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The Women in the Digital Economy Fund (WiDEF) announced today the launch of its second competitive round, this time inviting applications from large private sector enterprises seeking technical support to scale proven solutions to significantly close the gender digital divide.

Announced by the White House in March 2023, WiDEF is a joint effort between USAID and the Bill & Melinda Gates Foundation to accelerate progress on closing the gender digital divide, managed by CARE, Global Digital Inclusion Partnership and the GSMA Foundation.

This round of support takes the form of tailored technical assistance to scale products, services or approaches that can significantly increase women’s access to and usage of the internet. It follows WiDEF’s     first round of funding and support that closed on May 6th 2024 for local organisations.

The technical assistance on offer aims to help to unlock opportunities to significantly close the gender digital divide, rather than supporting an enterprise’s ongoing “business as usual” activities. Examples of the kind of technical support private sector enterprises might apply for might include:

–  Research into the principal barriers and needs of underserved segments of women to inform actions to better support them to access and use digital technology and the internet

–  Evaluation of existing products and services for women to inform their evolution and wider usage

–   Testing specific approaches and services to ensure they best meet the needs of underserved women

–  Product adaptation and iteration, including the analysis of service usage data, user feedback and further design research

Business modelling and support for scaling products and services

“From our experience, we have seen how the right technical assistance can truly help companies unlock impact at scale.

“Through this new round, we believe we can deepen the private sector’s contribution to the closing of the gender divide across low- and middle-income countries, in line with the GSMA Foundation’s unwavering commitment to addressing this challenge,” said Max Cuvellier Giacomelli, Head of Mobile for Development, GSMA.

WiDEF will provide successful applicants in countries where USAID operates with tailored technical assistance for up to two years valued in the range of $50,000 to $150,000 USD. This support will be provided by the WiDEF Consortium and third-party suppliers engaged by WiDEF.

WiDEF aims to support commercially sustainable, scalable and evidence-based solutions to help close the gender digital divide. Successful applicants will need to articulate how their solution – and the technical assistance they draw on – will address at least two of the following core priority areas for WiDEF:

Improved access to affordable devices and online experiences

Increased availability of relevant products and tools

Elevation of digital literacy and skills

Enhancement of safety and security

Additionally, all applications will need to generate insights and data that expand the collection and use of gender-disaggregated research and analysis.

Full eligibility criteria and the application process can be found here. Applications are due by September 12, 2024.


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Reps to Donate 50% of Salaries to Fight Hunger



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House of Representatives at a plenary session on Thursday pledged to give up 50 per cent of their salaries for six months to address the hunger across the country.

During the session presided over by Speaker Tajudeen Abbas, Deputy Speaker Benjamin Kalu amended the motion, urging his colleagues to sacrifice 50% of their salaries. He made this plea when it was his turn to speak, seeking their support for this gesture.

“This government is doing its best but one year is not enough to address the challenges of this country. I want to plead with our colleagues to sacrifice 50 per cent for a period of six months.

“Our salary is N600,000 a month. I want to plead that we let go of 50 per cent of our salary for a period of six months,” Kalu said.

With each member paying N300,000 into a common purse, the legislative chamber will be contributing N108m monthly to the Federal Government and N648m for six months.

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