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Digital Economy A Catalyst For Nigeria’s Development- Dr. Woherem



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Dr. Evans Woherem, a foremost banker and renowned IT guru, has lauded the Minister of Communications & Digital Economy, Dr. Isa Ali Pantami, and the Federal Government, for upgrading the former Federal Ministry of Communications to that of Communications & Digital Economy.


Dr. Woherem said he was particularly delighted by the upgrade because he had for long advocated the need for the country to constitute a committee that would come up with a new policy and strategy aimed at creating a roadmap on how to turn the country into a digital economy, describing the Minister’s action as poignant and proactive.


“Take for instance as I have been pointing out lately. South Africa has a Ministry of Information Technology. To me, that’s so marvelous for a country to be so far-reaching in its thinking of the future, realizing the importance of information technology.


“The fact that it’s a catalyst for development, for energizing other parts of government or activities in an economy, to the point of creating a ministry that will run the affairs of the information technology in the country, made me applaud the South African Government.


“And again, the United Arab Emirates has something similar, and indeed, more exciting. UAE has a Ministry of Artificial Intelligence; to me, that’s something that speaks volumes. In addition to that, they also have a Ministry of Possibilities.


“It means that they are really preparing for the Fourth Industrial Revolution and beyond; they are really preparing for the new century.


“They really want to do something that nobody had thought ever before. They really want to experiment, push boundaries and use technology to go where no nation had been before,” Woherem stated.


Dr. Woherem, a former Executive Director at First Bank Plc and Unity Bank of Nigeria noted that he had always pointed out the need for Nigeria to do the right kind of thing as a nation, have the audacity to reach out to be the best, and to do things that are almost miraculous.


“By the creativity of Nigerians as individuals, by her population, and by what our youths are doing today, we need to do something that is audacious.


“We are just simply destined to do something great in leading Africa. Unfortunately, our leaders do not think long term; they rather think short term that has to do with themselves than pan-Nigeria.


“I am very glad that even in our own country, a minister is thinking along this direction to the extent of adding to the Ministry of Communications, Digital Economy. With the new ministry, we are no longer going to have the Communication Ministry as we used to know it.


“What we’ve done now with the new ministry crosses what South Africa and the UAE had done. It is a good thing to the point that it’s something that is needed.


“Simply, information technology is the major catalyst for development. Even by itself, it began to make significant contributions to the GDP. We are told that about 13.8% of the GDP is as a result of ICT contributions. That to me is herculean and portends a lot of good for the country. It means that the next 10 to 20 years, it will begin to reach about 30% or so.”


Dr. Woherem advised that information technology should be taken seriously because it is going to positively affect all the sectors of the economy, all the activities of government and even her citizens, adding that currently Nigeria and indeed Africa are still at the lower end of the spectrum of information technology.


“We are just at the foundation stages. It does not however, mean that it is like that in all the sectors of the economy. For instance, the banking sector might be at the beginning of the operational level, same as the Agricultural sector.


“Our various sectors of the economy are at various stages of development whereas all of them are supposed to be at the operational level going to strategic levels of use of information technology,” he said.


The Digital Africa Global Consult Group boss warned that as a country, Nigeria should not just be technology usersbut should participate in developing technology applications that are going to drive the 21st and 22nd centuries.


“I have always lamented about the fact that Africa is sitting idly by and letting the train of technology development pass-by. Just like we did in the first, second and third industrial revolutions, it always baffles me that we are not taking it more seriously.


“Somebody once said there is a culture of technology; every technology has a culture associated with it. Sometime, you are creating a technology without knowing you are creating a culture too.


“That being the case, why should Africa allow somebody else be solely responsible on how we are going to live in the future without our own input? So, I have always felt that Africa should be part and parcel of those developing global technology.


“Digital economy is therefore, a good thing for us as a country because it can definitely help us to not only have ICT but will add more and more to our GDP. It is also going to develop and advance each of the industries and sectors of our economy as a nation by creating a lot more employments.”


Dr. Woherem said that though kudos should be given to government for coming up with the decision to upgrade to a digital economy, he insisted that there are certain things that must be done to ensure a total paradigm shift to digital economy.


“We need to come up with a set of policies and strategies through which things can be evolved. To an extent, government has come up with something to that effect, and it is kudos to government.


“However, I would have wanted a set of Nigerians, representing certain key parts of the economy led with a representation of certain people that are truly experts in these areas that would come up with that set of policies and strategies for developing a digital economy.


“And that committee shouldn’t be an Ad hoc or one-off committee. They should be there to also oversee things and be called upon from time to time to deliberate and also make recommendations with regard to the digital economy. This should be taken serious.


“There is an organization within the European Union where all Champions for IT in different countries in Europe come together to deliberate on the future of Europe especiallyon matters of technology.


“What does that show? It means they are taking the issue of technology seriously over there. Yet, Europe is way ahead of Africa in the adoption of technology tools. If Europe that is way ahead of us in technology is taking it this serious, that means we have to be more serious. This also means there are certain things we have to put in place.”


He said that whatever Nigeria is doing with regard to digital economy is the country’s own attempt to catch up, adding that what heis expecting to see is that as a result of this subtle focus and emphasis on digital economy, that Nigeria will start thinking a lot more seriously with regards to what kind of economy she is building and the instruments to deploy to bring about developments in the various sectors of her economy.


“To actualize the digital economy of our dream as a nation, government should also build tech hubs, parks and experience centres through which people can now begin to practice these exponential technologies. Government should also encourage the private sector to be involved. We need a lot of that here in Nigeria, at least one in major cities of the country,” Woherem said.




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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.

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Glo Simplifies Customers’ Access to Company’s Information



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Globacom has demystified what used to be a cumbersome task of getting company’s information from its website, a situation that had in the past, frustrated several customers from getting relevant information from company’s website.

It is now easy for companies and organizations to give their stakeholders free access to their websites through a service called Sponsored Data on the Globacom network.

Through the service, customers and other members of the public will be able to browse the website of the sponsoring company even when the members of public have no active data subscription.

Explaining the service, Globacom said companies would be able to buy data buckets and subsequently allow their existing and prospective customers or any other member of the public to access their websites, apps and other data services without having to expend their own data. The cost of access by the end-user is borne by the sponsoring companies.

Globacom in a statement disclosed that Sponsored Data service is a more targeted and effective method of inducing trial of the sponsoring company’s digital products as well as free trial and free sampling of its content.

The telecom operator said the service would give better return on investment (ROI) to the sponsoring companies, adding that it will facilitate over 70 per cent increase in customer engagement and foster incremental revenue through the engagement of new customers. The company said this service would be particularly beneficial to betting companies, IT and Technology companies, manufacturing concerns, banks, schools and others.

Globacom said staff of the sponsoring companies who are on the Glo network could also benefit from the sponsored data plans.

According to Globacom, there are various options for companies and organisations wishing to use the sponsored service as they are free to choose from sponsored data buckets ranging from 200GB to 50TB, according to their needs.

Globacom said “the plans are already available on the network and are valid for renewable 30 days.”

Globacom said it would continue to come out with solutions that would boost customer’s experience, especially at the period of CoVID-19 that has increased online activities of organisations, since most customers and staff of organisations have shifted to online activities in order to align with the new normal, brought about by COVID-19 pandemic that has negatively impacted on businesses.

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Samsung Galaxy S20 FE: Inspired by Fans for the Fans



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Samsung Electronics Co., Ltd. has revealed the Galaxy S20 Fan Edition (FE), the newest member of the Galaxy S20 series. Galaxy S20 FE is a premium flagship smartphone that includes innovations Galaxy fans told us they love most, and it is also made available at an accessible price point.

COVID-19 disrupted the world as we knew it and technology is now playing a more crucial role in our lives and that is why we created Galaxy S20 FE; to deliver flagship experiences to more consumers.

Samsung took select features of the Galaxy S20 series, such as the super smooth scrolling display, an AI-powered camera, advanced chipset, hyper-fast connectivity, all day battery, expandable storage, with a streamlined premium design, in order to create the all-new Galaxy S20 FE.

“The S20 FE is an extension of the Galaxy S20 family and is the start of a new way to bring meaningful innovation to even more people to let them do the things they love with the best of Galaxy.” Says Mr. Caden Yu, the Managing Director, Samsung Electronics West Africa

All you want, to do what you love

Express the best of yourself when out on a day trip or at night catching fun with a pop of color that reflects your personal style, attitude and personality. The S20 FE comes in variant colors of Cloud Red, Cloud Lavender, Cloud Mint and Cloud Navy.

With the S20 FE, the fun never stops. The pro grade camera and 30X Space zoom help you capture memorable moments whether near or far at day time.

Plus, the night mode multi-frame and powerful performance gets you through the fun nights and the 4500mAH battery keeps you on all day with little in between time to recharge using the 15W fast charging.

And since life can be unpredictable, the Galaxy S20 FE is water and dust resistant; IP68 rated. Better yet, when accidents happens, one can rest easy knowing the 24 months warranty and Screen repair offer that comes with Pre order has got your back.

Pre order

The S20 FE is available for pre order from the 9th of October with a Wireless Bluetooth earphones, Clear Standing cover and Screen repair offer. You also get a 4 month Free Subscription on YouTube premium. Trade In Discount Offer also available from Pre order. Trade in your old phones and enjoy discount on the S20 FE


The S20 FE would be officially available in the market from the 23rd of October. Visit any of our Samsung Experience Store nationwide for an amazing and pleasurable experience.

Device Specifications

With its variants of colors, S20 FE comes with a 6GB RAM/128GB ROM, a long lasting battery of 4500mAh with 15W fast charging, a 32MP selfie camera and a 120Hz Super-Amoled display.

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MTN Revv Programme: Experts Train SMEs on Customer Experience and Data Analytics



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Experts at the latest edition of the Revv Programme masterclass have trained SME owners how to improve customer experience and maximise data analytics to scale their business growth.


The virtual conference themed: “Redefining customer experience through effective customer relationship management and data analytics” which was held on Wednesday, September 23, 2020.


Panelists at the conference included the Olubayo Adekanmbi, Chief Transformation Officer, MTN Nigeria,  Ugonwa Nwoye, Chief Customer Relations Officer, MTN Nigeria, Adenike Ogunlesi, founder and Chief Responsibility Officer, Ruff N’ Tumble,  Chairman, Fasmi CRO Group, Prof. Ndubuisi Ekekwe and Principal consultant, Niche Customer Experience Consulting Firm, Debbie Akwara.


Olubayo Adekanmbi, who is an astute business leader and recognised data scientist, shared insights on the customer mindset in a post-COVID economy.


According to him, “Even though we are in a new normal, we are still dealing with a person who has the capacity to adjust to every environment.


“As SMEs we have to observe the environment, learn from it and take actions accordingly”.


Ugonwa Nwoye brings over 25 years of management experience across industries including Oil and Gas.


She advised the participating SMEs to pay attention to diverse customer channels as they arise.


“You need to meet the customers where they are. To achieve this, a good customer database is essential. You need to know the kind of channels your customer wants to be reached.”


While sharing her experience as an entrepreneur of over three decades, Adenike Ogunlesi emphasized that customers want to feel good where they spend their money.


“The most important thing is that regardless of the technological tools you deploy today, it is all about the experiential economy which is the way you make people feel.”


While thanking MTN for the Revv initiative she noted, “This sort of platform allows SMEs to learn much quicker than the opportunity we got thirty years ago, well done to MTN”.


The Revv Programme was launched in August by MTN Nigeria as an initiative to train over 10,000 SMEs by adopting a four-pronged approach that includes masterclass sessions, support with productivity tools, access to market and advisory initiatives.


The programme seeks to help SMEs relearn, readjust, and retool their businesses in a post-COVID economy.


Since inception, over 5,000 entrepreneurs have attended the Revv masterclasses with more than thirty business leaders and industry experts across different sectors facilitating the sessions.


Participants at the masterclasses have been enjoined to take full advantage of the programme for a chance to join Y’ello 200, an accelerator programme by MTN Nigeria where select small business owners will access a broad range of technology and productivity support tools in addition to expert advisory.


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