E-Business
CWG Seals ‘ATM as a Service’ Implementations with Banks

Nigeria’s CWG Plc said it has sealed a partnership deal with three Nigerian banks on the ATM as a Service concept, which it deployed about two years ago; giving the banks the needed freedom to focus on their core banking operations whilst CWG handles their ATM businesses.
The banks at the fore of this roll-out with ATMs deployed across the nation are; United Bank of Africa (UBA), Unity Bank and Rolez Microfinance Banks, with Ecobank on the verge of being fully integrated as well. These banks are giving their customers access to enjoy better financial technology with this deployment, ensuing the gap to customers on financial inclusion are further closed with participation in this concept.
The pilot phase of the first sets of ATM deployment already commenced in Oyo State with Rolez Micro Finance Bank, also UBA is set to launching their batch within the ATM as a Service platform in a few days,” the largest System Integration Company in Nigeria, CWG, announced in a statement emailed to Journalists.
CWG is driving the ATM as a Service concept in Nigeria with the GRG-ATM brand, which promotes their biometrics innovation in Nigeria as the first successful and working technology that runs on the Windows 10 Operating System.
Recently, CWG disclosed that it had an outright sale of GRG ATMs in Nigeria to an undisclosed bank. “We sold our first 100 GRG H22N model ATMs to a bank in July 2018. This is the first bank to buy as much GRG ATMs in Nigeria since the OEM came back in 2015,” it revealed.
Some of the key features in the GRG ATMs are; a reliable Cash Dispenser unit, a GRG in-built technology, which has been tested, CEN L Safe, availability of three (3) cameras to capture (User Face, Cash Load & Cash Out) – this can also be extended to have up to five (5) different cameras as the configuration requires.
Other features are uninterrupted power supply, which can be configured to plan proper shutdown of the ATMs when there is no power supply to avoid the system being shut down during a customer’s transactions, 2D Barcode scanners, Contactless/ RF Smart card reader, Fingerprint Identification device (Dermalog Technology).
Meanwhile, CWG said it is currently conducting Proof of Concept of the GRG brands with other banks like Union Bank, Polaris Bank and Keystone Bank. While the technology has also been successfully integrated and tested with United Bank for Africa (UBA).
E-Business
Amazon CEO Says AI will Reduce Number of Workers Needed

Amazon’s management on Wednesday said that it expects that artificial intelligence software will reduce the number of office workers at the world’s largest online retailer.

Andy Jassy, chief executive, Amazon
“We will need fewer people doing some of the jobs that are being done today and more people doing other types of jobs,” Andy Jassy, chief executive, Amazon wrote in an email to employees.
He said it was difficult to predict how the overall workforce will evolve, but in the next few years, it is expected that AI efficiency gains will lead to a reduction in the number of office workers.
According to earlier reports, Amazon employed around 1.5 million people worldwide, with approximately 350,000 office employees in various roles.
The Wall Street Journal reported that the company does not anticipate further large-scale layoffs, as seen in 2022 and 2023, in the near future.
Instead, it expects that vacant positions will not be refilled.
However, layoffs are not ruled out, according to sources familiar with the matter.
“Amazon is focusing on so-called AI agents, software capable of independently performing tasks. These agents could, for example, summarise information from the web and data sources, write software, translate languages and automate many time-consuming tasks,” Mr Jassy explained.
“Agents will be teammates that we can call on at various stages of our work,” he added, urging employees to experiment with AI whenever possible.
The impact of AI on the job market has been a concern for many years.
Recently, Spotify, the leader in music streaming, announced that teams requesting additional staff would first need to prove that AI could not perform the tasks.
The creators of the language-learning app Duolingo plan to gradually replace external workers with AI.
E-Business
BPP Partners NDPC to Strengthen Data Protection

Dr Adebowale Adedokun, director-general, Bureau of Public Procurement (BPP), has reaffirmed the bureau’s commitment to data protection in Nigeria.
He disclosed this in a statement at the weekend by Zira Nagga, head of Public Relations, BPP, following a courtesy visit by a delegation from the National Data Protection Commission (NDPC).
Adedokun stressed that data protection is vital to Nigeria’s economy and development, particularly in areas such as demography, health, education, and other key sectors.
He emphasised that no country should leave its data unprotected, as it plays a crucial role in future planning and national development.
“Data governs the world. It is essential to technological progress and must be protected for a country or business to be taken seriously,” he said.
Adedokun described the visit, aimed at fostering partnership on data policy implementation and protection, as timely and aligned with national goals.
He said the BPP would collaborate closely with the NDPC to boost data development, capacity building, and enhance the procurement system.
“The BPP will support compliance as part of the ‘Nigeria First’ Policy, although it is not a core procurement eligibility requirement,” he explained.
He suggested a hybrid training model to help build strong capacity in data protection, privacy awareness, and policy understanding.
According to him, a dynamic training approach will reduce logistics costs and improve public confidence in data safety and privacy.
Dr Vincent Olatunji, CEO, and national commissioner, NDPC, praised Adedokun and the BPP for supporting data protection initiatives.
He said the partnership supports President Bola Tinubu’s vision and will strengthen data privacy across Ministries, Departments, and Agencies (MDAs).
“The collaboration will create awareness and train BPP staff to ensure a firm grasp of data protection principles and policies,” he stated.
Olatunji said the NDPC would establish a working group to finalise a Memorandum of Understanding beneficial to both institutions.
He added that President Tinubu signed the NDPC into law on 12 June 2023 to uphold citizens’ rights and protect national and business data.
Olatunji also noted that strict legal measures were in place to enforce data protection and ensure full compliance nationwide.
Both agencies agreed to form a team to sign the MoU and focus on capacity building and data management in procurement and beyond.
E-Business
FG Mulls Fibre Optic Layout to Bridge Internet Gaps

President Bola Tinubu said that his administration has initiated a project to install fibre optic cables across the country, aimed at enhancing the socio-economic development of Nigeria.
His plans were contained in a speech he delivered at a joint session of the National Assembly in commemoration of Democracy Day on Thursday, June 12.
He said the fibre optic layout is part of other projects being embarked on.
“In addition, we have embarked on an ambitious project to lay fibre optic cables across the nation, a transformative step toward bridging the digital divide and fostering greater connectivity.
“This initiative promises not only to enhance the speed and reliability of internet access but also to revolutionise how businesses operate, how students learn, and how communities stay connected,” Tinubu stated.
He maintained that by extending this critical infrastructure, his government is empowering entrepreneurs, enabling digital education, and providing the tools for our youth to compete in a globalised world.
In a most recent report on Internet connectivity, The ICIR pointed out how Nigeria has faced setbacks in its deployment of fibre optic cables and needs a transformation.
The challenges revolve around vandalism, inadequate coordination between road construction and telecom infrastructure, and varying right-of-way (RoW) charges across states.
Among industry experts, these issues impact network outages, increase repair costs, and hinder broadband expansion efforts.
It has also further threatened the digital economy, leading to slower Internet speeds, dropped calls, and unreliable connectivity among others.
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