General News
Data Will Help Telcos Make More Money –Muoneke

Stanley Muoneke is West Africa Business Development director at Intel responsible for driving Intel Corporation connectivity related engagements and business.
His broad 15 years experience spans business development, sales, management and consulting working in local IT firms Bitcom Systems and Zinox Technologies as well as global multinationals like Hewlett Packard and software giant’s Microsoft.
Muoneke studied at the University of Benin, where he holds a masters degree in engineering and an MBA and has attended numerous advanced courses globally.
He spoke to chike onwuegbuchi on a wide range of issues
Role of Intel in Developing IT in globally
We could easily look at Intel and say Intel is at the forefront of innovations and if you look inside computers, Intel is best known as a company that does silicon. The leading microprocessor company in the world, the very heart of PC itself is driven by Intel’s technology, but beyond your knowledge of our leadership in chips and processors; current Intel innovations spans broad computing platforms in various spheres of life. It is not just what we make but what we make possible, through Intel’s technology. Today, we have innovations in all works of life..From transportation to developments in health, education and all of those things. Our technology makes all of these things possible.
Relationship with Local OEMs
These local OEM’s are valuable partners to Intel and Intel is proud to be associated with them and their growth and obviously through that growth, its contribution to local skills and manpower development as well as developments of the businesses of these companies. These companies because they are system builders work with us and use our technology to put together their products and services, so we work with them as partners.
Of course we also work very well with our multinational MNC partners.
Corporate Social Responsibility
Intel has driven lots of programs in this area, focusing primarily on broad education and especially teacher training. In the last 5 years we have worked with various ministries and agencies to train about 70 thousand teacher. Helping them incorporate technology in their teaching. We have provided software etc worth millions into numerous programs of this nature. We are committed to Nigeria and will continue to increase and support these initiatives.
Intel World Ahead Programme
The whole objective of Intel World Ahead Programme(WAP) is how to connect the next billion people to uncompromised technology around the world. The WAP has four pillars and these four pillars are accessibility, connectivity, education and content. Accessibility addresses strategies and programs to ensure easy and affordable access of computing technology to people worldwide working with national governments, corporate , individuals etc .Examples of this are CANI in Nigeria and IAdvance in Ghana.. You see us getting involved in how to provide affordable computing for employees, for students so we are involved in a whole lot of programmes around that particular space. Under connectivity, you see us having very broad collaboration with Service Providers and Telco’s because it is like two sides of a coin; you can have computing and connectivity driving each other.. In today’s world, you see a lot of convergence between computing and connectivity. Once you have that connectivity, what do you do with it? That brings us to the third pillar which is education. In the last five years we have trained about 70,000 teachers in this country. How do you use the PC, how do you ensure that the content is digitized, how do you ensure that teachers are trained on how to use PCs to teach? Being able to teach with a PC means everything from lessons notes to digital content to methodology are available and arranged in such a way as to allow the teacher to , for instance teach Biology more effectively using the technology and resources to teach in a way students will understand . It is very different from trying to teach a student how to use an application in a computer .In this manner ,the PC then becomes a tool for teaching and we work with partners to do this. We have got the teacher training component and all other components in most of our programs. This naturally brings us to the fourth pillar which is Content. The question here is what content do you then teach students? Is this content aligned with the approved local curriculum? Do you have enough local content etc?We have got lots of partners who we work with around local contents because if you give people content that is local to them, that will make sense, they begin to understand. Content also means digitizing what is currently part of the written and approved curriculum and making it available in digital format. We work with the Ministries of Education and we have been very active in IT in education and PC in education. We have also worked in education at the policy level. We have provided contents for free, if you go to www.skoool.com.ng; you will see content that is available , customized and aligned with the countries curriculum in digital format and is available both online and offline; helping students in various areas including mathematics and science .
Connectivity and collaboration with service providers
Connectivity is crucial for us because like voice today where we are able to talk cheaply and save ourselves the hassle of travelling; connectivity means that we can participate more in the world economy. It means that people can be more educated, it represents a massive leap in a lot of things.
We work with regulators globally help build capacity and access to global best practice. We also have a lot of experience working all over the world with service providers on the technology side so we’ve got a lot of collaborations in trying to deploy all sort of technology. Intel supports Wimax, however this does not mean that it’s the only technology we support .Indeed we support broadband generally. I agree with you regarding the gap in last mile capability however, I believe that following the hugh bandwidths that are landing at Nigeria’s beaches and capacity rises we will probably see more and more investment in the last mile capabilities. We have a role to play in this and we engage at both the policy level, capacity building level in terms of training and we engage on the technology side as well to provide expertise.
Helping Telco’s Grow Data ARPU
We have global expertise in this area. Today voice ARPU (average revenue per user)of Telco’s is dropping as subscriber numbers grow. For Instance, unlike our large voice penetration numbers in Nigeria, our data penetration is less than 10%. So it represents a great area of growth for Telco’s. It’s true that Smartphones with internet connectivity have helped us make strides but if you look at the usage models you notice people mainly do a bit of e-mail and search on their smart phones. When they want to do serious online interaction, they do it on a computing device. As such, today the best platform for consuming data is a connected computing device. Often you will consume about 30 times more data on a connected computing device. This represents at least not less than a five times profitability over voice. That’s the reason you see lots of Telco’s getting interested in connected device bundles . Intel is currently involved in about 170 of these Telco bundles globally providing training, tools , program design and support as well as technology roadmap insight and marketing collaboration. We have provided this support to local Telco’s in the last two years and are open to helping more in this area. We are excited by the cable landings because we hope that it drives more affordability of data services and helps Telco’s provide more value to their customers.
New technology
Technology keeps evolving to ensure that the world (governments, corporate, etc) is able to deliver systems and services that are smarter, and more efficient. You will find that Intel’s new ranges of processors are incredible. The new Corei3, core i5 and Corei7 are phenomenal and have been described as intelligent computing. Try and get more information on them. When you look at the range of performance that our new server technology enables, it is incredible what they are doing. Imagine in a single refresh you are able to get a server performance sometimes delivering 100x and more times performance extra, it blows the indices away. Today Intel’s technology of the Atom processor has spawned a new pc category of netbooks which have made it possible for the consumer to acquire a computing platform at about less the price of a high end Smartphone, making it easy for the consumer to get value.
Development of IT in Nigeria and other African Countries
I think it is rapid. IT is developing; we live in an emerging market where we have in many cases the greatest chance to use IT to increase the lot of our people. Everything from education to health is driven largely by innovations in IT. You will find that our government just like the government of other West African countries is increasingly making more and more investments in IT. If you go across the border to Ghana, you will see that they are executing a national IT policy which is delivering results. You will increasingly see more and more programmes and projects come up. In the last four years, we have seen a good growth in ICT generally across the regions.
General News
US to Deny Applicants Saying they Fear Persecution @ Home Visas

United States has introduced further restrictions on potential asylum seekers by requiring US visa applicants to confirm they do not fear persecution in their home countries.

Donald Trump administration’s goal is to prevent individuals from using non-immigrant visas as a means to claim asylum once they reach US soil.
According to a diplomatic notice sent to all embassies and consulates this week, applicants for non-immigrant visas, including tourists, students, and temporary workers, must now affirm their safety at home to be eligible for entry.
This move is part of a broader shift in policies designed to tighten US immigration controls.
New screening procedures
Consular officers have been instructed to ask two specific questions during the application process:
“Have you experienced harm or mistreatment in your country of nationality or last habitual residence?”
“Do you fear harm or mistreatment in returning to your country of nationality or permanent residence?”
“Visa applicants must respond verbally with a ‘no’ to both questions for the consular officer to continue with visa issuance.”
The statement notes, “Consular officers must prevent abuse of the immigration system by visa applicants who misrepresent their purpose of travel, including those who attempt to obtain nonimmigrant visas for the purpose of claiming asylum upon arrival in the United States.”
A State Department spokesperson defended the measure, stating: “Consular officers are the first line of defence for US national security.
The department uses all available tools and resources to determine whether each visa applicant qualifies under US law”.
To qualify for asylum under current law, an individual must be physically present in the US and be fleeing persecution based on race, religion, or political affiliation.
However, immigration experts warn that these new requirements may force vulnerable individuals into dangerous situations.
Camille Mackler, an immigration policy consultant, told CNN that the directive “is going to put people in really bad, terrible positions of having to make choices that ultimately affect their and their family’s safety.”
She added: “I also think this pushes people to unsafer pathways and unsafer routes, because if you need to leave, you leave, and you do whatever you need to do to do that.”
The rule follows other recent measures, including increased vetting for student visas and a temporary suspension of immigrant visa processing for 75 countries earlier this year.
General News
Fiona Ahimie, MD First Securities Brokers Elected First Female President of the Chartered Institute of Stockbrokers

The Chartered Institute of Stockbrokers (CIS) has elected Fiona Ahmed Ahimie, Managing Director, First Securities Brokers Limited, a subsidiary of FirstHoldCo Plc., as its 14th President, making her the first woman to be elected President and Chairman of Council in the Institute’s history.

Her emergence is more than a leadership change it is a defining milestone that signals the rising influence of women at the highest levels of Nigeria’s financial services industry and underscores the evolving face of capital market leadership.
With close to two decades of distinguished experience spanning stockbroking, investment banking, private equity, real estate, wealth management and business development, Fiona brings deep market insight, global exposure and a proven track record of delivering growth and market impact.
She began her career at one of Nigeria’s prominent Stockbroking firms, where she built a solid foundation in capital market operations and foreign investor deal flows. She later joined FBN Capital (now FirstCap) as Head of Sales Trading, playing a pivotal role in managing both international and domestic institutional deal flows.
In 2015, she was appointed Managing Director of African Alliance Securities Nigeria, where she drove significant expansion in market share, client base, and cross-border transactions.
Since joining First Securities Brokers Limited in 2016, she has led a remarkable transformational growth, positioning the firm among Nigeria’s top-tier brokerage houses by 2018 through enhanced execution capabilities and increased global investor participation.
Beyond executive management, Fiona has held several board and board committee roles and currently serves on the boards of First Funds (the private equity arm of FirstHoldCo Group), NGX Real Estate Limited (a subsidiary of NGX Group), Japtini Logistics, and Awabaah (a micro- pensions business). She is also a member of the Statutory Audit Committee of the Central Securities Clearing System (CSCS).
An advocate of continuous learning and thought leadership, Fiona has received executive education from MIT Sloan School of Management (USA), IESE Business School (Spain), and INSEAD (France). She is a Doctorate candidate at Afe Babalola University Business School.
Her professional affiliations include being a Chartered Stockbroker, Chartered Accountant, and Chartered Director, she is also an Honorary Member of the Chartered Institute of Bankers of Nigeria, she also serves on the Curriculum Review Committee of Lagos Business School and has been a mentor on the WIMBIZ Women on Boards Programme for four consecutive years.
Beyond corporate leadership, Fiona is deeply committed to philanthropy, supporting multiple institutions and sponsoring the education of young people reflecting her passion for inclusive growth and generational impact.
Her leadership philosophy is guided by enduring principles, excellence in execution, a refusal to settle for mediocrity, and an unwavering commitment to integrity and fairness.
Fiona’s presidency comes at a pivotal time for Nigeria’s capital market, as it navigates increased global integration, regulatory evolution, and rapid digital innovation. As President, she is poised to advance strategic priorities including deepening the market, strengthening professional standards, enhancing investor confidence, and nurturing the next generation of capital market professionals.
Fiona will assume office on April 30, 2026, with her formal investiture scheduled for June 25, 2026, where key stakeholders across Nigeria’s financial ecosystem are expected to gather to mark this historic leadership transition.
General News
Hackers Won’t Stop: NDPC Reports 1,500 Attacks, Warns Organisations

National Data Protection Commission (NDPC) has revealed that it recorded over 1,500 cyberattack attempts within a short period, exposing critical gaps in Nigeria’s data protection ecosystem.
The National Commissioner of NDPC, Dr. Vincent Olatunji, disclosed this in an interview with the News Agency of Nigeria (NAN) on the sidelines of a data protection training programme in Lagos.
Olatunji said the surge in cyberattacks forced the commission to temporarily shut down its network as a security measure to prevent hackers from breaching its systems.
“This temporary shutdown was a preventive move to stop the attackers from succeeding; it underscores how serious the threats have become,” he said.
Olatunji said cyber threats had become persistent and increasingly sophisticated, requiring organisations to adopt proactive and continuous security measures.
“Cyberattacks are no longer occasional; they are constant. Organisations must monitor their systems round the clock and remain up to date with security protocols,” Olatunji said.
He stressed that entities handling personal and sensitive data must implement robust cybersecurity frameworks, regular audits and incident‑response plans to reduce exposure.
The NDPC commissioner highlighted the acute shortage of qualified Data Protection Officers (DPOs) as a major challenge in Nigeria’s data protection landscape.
He said the Nigeria Data Protection Act mandates organisations to appoint DPOs, creating a surge in demand for certified professionals that the current workforce cannot meet.
“There is a significant gap between demand and supply of skilled personnel. This training is designed to prepare participants not just for certification, but to fill that gap effectively,” he said.
Olatunji said Nigeria’s data protection ecosystem had recorded notable growth under a Public‑Private Partnership (PPP) model, generating over 10 million dollars in value.
He also revealed that the framework had generated more than seven billion naira in government revenue through registration fees and fines.
“Beyond revenue, it has strengthened Nigeria’s global reputation and boosted investor confidence in how data is managed and protected,” he said.
On ransomware attacks, Olatunji warned organisations against paying ransoms, stressing that payment emboldened cybercriminals and encouraged further targeting.
“Once you pay, you empower attackers. The focus should be on strengthening systems to prevent breaches, having backup plans, and responding swiftly when incidents occur,” he said.
He urged both public and private institutions to prioritise resilience over quick fixes when dealing with cyber extortion.
Facilitator Dr. Taiwo Oyeleye said the ongoing training programme was designed to equip participants with both theoretical and practical knowledge of data protection and privacy.
“They will gain a clear understanding of data protection principles, organisational frameworks and technical safeguards required to secure sensitive information,” he said.
Oyeleye expressed confidence that participants would help bridge existing awareness and capacity gaps across sectors such as finance, health, telecommunications and government services.
Another facilitator, Mr. Wole Jacobs, advocated for stronger collaboration between the NDPC and the National Information Technology Development Agency (NITDA) to confront emerging cyber threats.
Jacobs said the training would enhance participants’ capacity to protect data, promote awareness and contribute to Nigeria’s digital‑transformation agenda.
He emphasised the need for continuous learning and adherence to global best practices in cybersecurity and data‑privacy standards.
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