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COVID 19: NITDA DG Admonishes Startups To Possess Entrepreneurial Mindset

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Amidst the uncertainties the novel COVID I9 pandemic is causing globally and indeterminable time the world would come out of it, the National Information Technology Development Agency, (NITDA), has resolved to continue with its planned activities aimed at increasing the capabilities of the startups in the country by leveraging on digital technology.

 

The agency on Friday, in a closing ceremony of the maiden online edition of Start UP Clinic, Abuja, one of such events already slated at pre-pandemic time, the Director General of the Agency, Mallam Kashifu Inuwa Abdullahi, delivered a motivational speech to 20 startups who have been in virtual booth camp in the last five days.

 

In his remark, the Director General acknowledged that, “things are not going to be the same after the pandemic and the world economic order is going to change” which he said would lead to closing down of lots of businesses, advised the Startups to possess both the entrepreneurial mindset and entrepreneurial environment capabilities in other to survive during and at the post pandemic world.

 

The DG stated that, to build these capabilities, the startups need to adjust their tactics, change course, and ignore the conventional wisdom that says; “go to school read hard, pass with flying colors and get a good job.

 

“No, there is not going to be jobs for you. I think what we need now is; you need to go to school, be a streetwise, hack the problem and be an entrepreneur.”

Mallam Abdullahi noted that by creating an entrepreneurial mindset, they would become successful startups adding that there is a significant difference between people who start their own companies and truly successful entrepreneurs.

 

“Many people start their own businesses but few people actually achieve the kind of success they dreamed of at the start. What is the difference between people who start up their own business and successful entrepreneurs? The answer is the entrepreneur’s mindset,” he added.

 

He enjoined the startups to have a mindset of creating businesses for themselves, rather than creating jobs to ensure continuity in case of their absence while the companies are still active.

 

According to the DG, “this means that you have been able to create a functional entity, not just a job position where you do all of the work. This is the type of mindset you must have if you want to become a truly successful entrepreneur.”

 

“Creating an entrepreneurial mindset starts at the beginning, before you do anything to start up your company. It means having a grand vision and passion.  It means carefully considering all that you want your company to be before it even exists.

 

“ It means imparting your vision, your dreams and your principles into the company right from outset. You need to ask yourself meaningful questions so that you are able to focus on more than just the day to day functions of running your business. Your business must be built upon your dreams, your passions and your principles. This is the difference between a job and a business.”

 

He challenged them to leverage on the two capabilities to grow their start up to becoming unicorn businesses which means a privately-owned company that worth at least one billion USD.

 

While admonishing them on how to attain the feat of becoming a unicorn company, the DG stated that they could become Unicorn companies within short period by following the playbook of successful startups followed which are just three simple rules of beginning with a plan to disrupt an existing industry; injecting capital to grow as rapidly as possible and tolerating high risk in a rush to conquer and dominate the market segment.

 

Mallam Abdullahi noted that in the region, there are only three Unicorn Companies  and while South Africa has two, Nigeria can only boast of one.

 

He however stated that our country has a competitive advantage to be among countries with many unicorn companies because of her digitally native population and untapped market.

 

He added that the government is creating an entrepreneurial environment for the start up to thrive.

 

He listed the government’s efforts to include, the culture, infrastructure and support.

 

Mr.Nnamidi Nwachuku, one of the participating Startups, in his remarks observed that the Online Start up Clinic as organized by the Office for ICT Innovation and Entrepreneurship (OIIE) has greatly impacted on their knowledge positively.

 

He noted that the experienced shared by many facilitators at the five days event would provide them the impetus to survive in their respective market segment.

 

He said, “We have similar experience like the Jigawa edition which was physical. The impact was good as if it was physical. The evaluation form would help us to improve on our innovations. Like me, I have vision to build my business to become a unicorn without looking at the investor and I know it is realistic because I know my capabilities.”

 

Dr Amina Magaji Sambo, OIIE National Coordinator, urged the participants to adhere to all the guidance availed them during the period and ensure that they keep updating the office of their progresses and challenges.

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Aba to Host MTN’s “The Gathering” with Pitchathon Offering ₦5 Million Prize Pool for Emerging Startup Founders

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MTN’s Youth cultural and lifestyle event “The Gathering” will hold in Aba at the Prime Event Centre from June 14 to 15, 2026, with a high-stakes Pitchathon designed to spotlight and reward the most promising early-stage founders in the city, offering a total prize pool of ₦5 million.

Aba to Host MTN’s “The Gathering” with Pitchathon Offering ₦5 Million Prize Pool for Emerging Startup Founders

The competition will award ₦2.5 million to the winning startup, ₦1.5 million to the first runner-up, and ₦1 million to third place, giving young entrepreneurs not just funding, but a direct platform to validate their ideas in front of investors, consumers, and industry stakeholders.

The Aba Pitchathon follows a highly successful Lagos edition of The Gathering on 100, which took place at the National Stadium, Surulere, from April 22 to 26, where eight startups collectively received ₦45 million in seed funding after pitching solutions across fintech, healthtech, agritech, edtech, and creative technology.

At the Lagos edition, Hurpham Africa emerged as the overall winner with ₦15 million in funding support, followed by Coconoto Ltd with ₦10 million and Rava Send with ₦5 million. Five other startups – URI Social, Dulces Jams, Kindly Book, Africa Medical Marketplace, and MyFund – each received ₦3 million, alongside visibility and MTN business ecosystem support.

Organisers say the goal is to deepen access to opportunity across Nigeria by taking The Gathering on 100 beyond Lagos into high-potential commercial hubs like Aba, where entrepreneurship continues to thrive.

Registration is now open via The Gathering’s official website. Entrepreneurs, builders, and early-stage founders in Aba and surrounding cities are encouraged to apply for a chance to pitch live at the event.


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Meta Unveils AI-Powered Business Agent to Support Customer Engagement

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Meta has unveiled a new artificial intelligence-powered tool, Meta Business Agent, designed to help businesses automate customer interactions, boost sales and improve operational efficiency across its messaging platforms.

Meta Unveils AI-Powered Business Agent to Support Customer Engagement

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The announcement was made at the Conversations 2026 event in London, where the technology company introduced the platform as part of its efforts to expand AI-driven business solutions.

According to Meta, the Business Agent will enable businesses to provide round-the-clock customer support on WhatsApp, Messenger and Instagram, helping them respond to inquiries, recommend products, book appointments and manage sales conversations.

The company said more than one million businesses are already using AI-powered business agents on WhatsApp and Messenger to engage customers.

Meta noted that with over one billion people connecting with businesses daily across its platforms, the new tool would help organisations deliver more personalised and relevant customer experiences.

The company explained that businesses could set up the Business Agent within minutes or integrate it into existing enterprise systems.

Features of the AI assistant include answering business-specific questions, making product recommendations from company catalogues, qualifying sales leads, booking appointments and facilitating transactions.

The platform also allows businesses to determine when human agents should take over conversations requiring additional support.

Meta disclosed that the Business Agent would now be expanded globally to businesses of all sizes and integrated into Instagram, where many companies also engage with customers.

The company said access to the tool would initially be free, while paid subscription plans tailored to different business categories would be introduced in the coming months.

In addition to customer engagement functions, Meta said the Business Agent could serve as an operational assistant by providing business owners with daily briefings, summaries of customer interactions and insights from conversations conducted overnight.

The technology firm added that future updates would enable the platform to perform more advanced functions, including market research, product insight generation, calendar management and competitive intelligence analysis.

Meta also announced the launch of the Meta Business Agent Platform, a new infrastructure designed to help businesses build, customise and deploy AI agents at scale.

The platform supports integration with hundreds of business systems, including e-commerce and customer service tools, allowing AI agents to perform tasks on behalf of organisations.

According to Meta, the platform offers enterprise-grade controls, governance mechanisms and measurement tools to ensure businesses can manage customer interactions securely and effectively.

The company said the initiative reflects its commitment to helping businesses leverage artificial intelligence to improve customer service, increase productivity and drive growth in an increasingly digital economy.


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Digital Encode Calls for Immediate Action as Cyber Threats Escalate Nationwide

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Digital Encode Limited, a leading information security and governance, risk, and compliance (GRC) advisory firm, has issued an urgent cybersecurity advisory following a surge in security breaches affecting financial institutions, government agencies, fintechs, and other organizations across Nigeria.

Digital Encode Calls for Immediate Action as Cyber Threats Escalate Nationwide

Digital Encode

Cyber threat actors have recently exposed data purportedly from both private and public institutions in Nigeria, underscoring the growing need for stronger cybersecurity frameworks, proactive threat monitoring, and coordinated incident response measures.

But Digital Encode’s advisory highlights a troubling pattern: most recent cyber incidents are not driven by sophisticated zero-day exploits, but by preventable weaknesses in basic security configurations, credential management, and operational controls.

According to the advisory signed by Professor Obadare Adewale Peter, Chief Visionary Officer of Digital Encode Limited, attackers are increasingly exploiting misconfigured systems and publicly exposed assets, such as unsecured databases, open cloud storage buckets, leaked API keys, and critical servers exposed to the internet, many of which are easily discoverable through open repositories, cloud indexing tools, and even dark web marketplaces.

The advisory outlines critical areas of concern, including publicly accessible cloud storage exposing sensitive customer and operational data; hardcoded secrets in web and mobile applications, including API keys and tokens; leaked credentials in repositories and deployment artifacts; weak internal access controls and over-reliance on single authentication layers; exposure of administrative endpoints, API documentation, and development environments in production; uncontrolled use of Third-Party Hosting platforms such as Vercel, Netlify, and Render; poor token lifecycle management and weak authentication, inadequate vendor risk management and monitoring controls

Digital Encode noted that these vulnerabilities are widespread across organizations, particularly in financial institutions, payment service providers, Fintech companies and public sector platforms, where similar exposure patterns continue to recur.

Not a Technology Problem, But an Execution Gap

“Organizations affected in recent breaches were not compromised due to highly advanced attacks, but due to lapses in enforcing existing security controls, like, ensuring that no cloud resources linked to organizations whether AWS S3, Azure Blob, Google Cloud Storage, or Firebase allow anonymous access, Verify that no cloud credentials or API tokens are exposed in public or private repositories, container registries or deployed applications, and all external and internal APIs must enforce authentication and authorization controls at all times” Prof. Obadare stated.

The advisory stresses that most of these risks can be mitigated with readily available tools and best practices, underscoring a critical gap between security policy and implementation.

Urgent Actions Recommended

Digital Encode has called on organizations to act immediately by conducting a comprehensive audit of all internet-facing assets, including third-party systems; revoking and rotating all exposed or potentially compromised credentials including passwords, API keys, and access tokens; reviewing historical logs to assess the extent of any prior exploitation; engaging vendors to address third-party security exposures; fixing identified misconfigurations and validating remediation efforts; strengthening monitoring, logging, and threat detection systems; and documenting remediation steps and residual risks for governance and compliance.

The firm also emphasized the need for improved visibility into shadow IT and unauthorized deployments tied to employees’ accounts, which increasingly serve as entry points for attackers.

Call for Proactive Security Posture

Digital Encode reiterated its commitment to supporting organizations through enterprise-wide security assessments and independent validation of implemented controls.

“We strongly advise that this advisory be actioned without delay,” Prof Obadare warned, adding that proactive security hygiene, not reactive response, will determine resilience in Nigeria’s evolving threat landscape.


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