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E-Business

DocuData Pushes for Proper Records Management in Nigeria

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DocuData Custodian Services Limited, a prominent records and document management firm in Nigeria, has urged individuals, companies and the government to embrace records and document management system for proper planning and informed decisions.

DocuData was formed in 2008 by a group of historians, lawyers, accountants, library archival and information management experts who saw the need for the evolution of an era of perfection in the delivery of Records and Information Management in Nigeria and Africa.

Mrs. Timi Bamgbose, manager, Operations, DocuData Custodian Services Limited, told Nigeria CommunicationsWeek, that the industry if well harnessed could contribute enormously to the development of country.

Although she regretted that the industry in Nigeria remains untapped due general belief among majority of the people who tie information management to information technology alone.

“The industry in Nigeria”, Bamgbose said, “It not really been easy, because it is like a new concept. People are yet to understand, appreciate or adopt the idea of managing their documents and records. The truth is that they are aware of the importance of generating and keeping records, but the process remains elusive to many of them.

“All businesses generate document which at the end of the day becomes records and securely kept in archives, but how to manage those documents is what they are yet to know; companies pile up their documents as dumpsites. Personnel in such organisations are scared of going to those archives to retrieve records. And these are records that serve as evidences of business transactions, of which we know that a misplaced receipt can cause the organisation millions of naira. 

“Although the industry is big in Nigeria, but lack of awareness remains a critical point. If not the Records and Information Management Awareness (RIMA) Foundation and the Lagos State Government that has built a separate Bureau for such function, even at Federal Government level the issue is still not garnering attention”.

She added that the industry can contribute greatly to the Nigeria’s GDP if properly harnessed and help several organisations overcome litigations matters. 

She thus encouraged companies to embrace the processes of document management which starts with proper policy formulation. “The policy will define the documentation process and stipulates who has right to such documents and can even help in establishing the retention period, for an instance, where there is no general retention period in place.

“And it is important for people to know that scanning a document is not all about archiving or proper management of documents or records. There are laid down procedure which we in DocData Custodian Services pursue”.

According to her, the society cannot totally eliminate paper in the system, but it can be reduced. “The reasons are not farfetched, there are some transactions that require paper evidence; even regulatory bodies like the Central Bank of Nigeria (CBN) would require that you send papers or keep paper documents”, she said.

She added that DocuData Custodian Services partners have vast experience working with various organizations from Government Agencies, Financial Institutions, Oil & Gas sector, Religions Institutions, Legal Firms, Private Businesses, and Academic institutions with the following key cardinal services within the Information Management world of:

Some of the services offered by the Company include Document, Records & Information Management; Archives Management; Historical Collections Management; Library and Educational Resources Management; Document Conversion / Digitization; Supply and Installation of Equipments and Training and Consultancy.

 


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E-Business

FG Launches Online Citizenship, Business Management Platform

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Ministry of Interior has announced the launch of a new Online Citizenship and Business Management Platform in line with the Renewed Hope Agenda of President Bola Tinubu.

FG Launches Online Citizenship, Business Management Platform

A statement signed by Dr Magdalene Ajani, permanent secretary, Ministry of Interior’s said the initiative forms a key part of its ongoing reforms aimed at promoting transparency, enhancing operational efficiency, and significantly improving service delivery to the public.

The new digital platform is designed to streamline the application and processing of citizenship and business-related services, ensuring faster turnaround times and improved user experience.

The platform allows users to apply for and manage business permits, ensuring that both local and foreign businesses operate legally in Nigeria.

It includes an Expatriate Quota System to manage work permits for foreign employees, helping companies hire skilled workers while complying with Nigeria’s immigration laws.

The Citizenship Administration and Management System provides a streamlined online process for applying, tracking, and managing Nigerian citizenship applications and related services.

Members of the public, corporate entities, and other stakeholders are expected to access the platform through the ministry’s website: https://interior.gov.ng , Direct Portal Access: https://candb.interior.gov.ng , or contact candb-support@interior.gov.ng for support and inquiries.

“The Ministry of Interior remains committed to establishing a more efficient, transparent, and secure framework for citizenship administration, while continuously enhancing service delivery through digital transformation,” the statement read in part.

 

 

 

 

 

 


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NITDA, CISCO Empower Youth with Digital Skills

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Fifty selected young unemployed Nigerians have completed a four-week intensive digital skills bootcamp under the Digital Literacy for All (DL4ALL) initiative, gaining practical training in Data Science, Artificial Intelligence (AI), and IT Essentials.

The programme, a collaborative effort between the National Information Technology Development Agency (NITDA) and Cisco, was hosted at NITDA’s South West Zonal Office in Victoria Island, Lagos.

Speaking on behalf of the Director General of NITDA, Kashifu Inuwa , the Head of the South West Zonal Office, Mrs. Chioma Okee-Agugwo, described the initiative as a vital component of Nigeria’s digital future. “This is not just a closing ceremony. It is the launchpad for new journeys—anchored in digital knowledge and powered by innovation,” she remarked.

According to the Director General, the initiative is rooted in NITDA’s Strategic Roadmap and Action Plan (SRAP 2.0) and reflects key focus areas including Digital Literacy, Emerging Technologies, and Youth Empowerment. It also aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which seeks to accelerate economic diversification through digitisation, innovation, and skills development.

Inuwa noted that the DL4ALL initiative forms part of Nigeria’s broader commitment to digital inclusion—ensuring that no one is left behind in the evolving digital economy. It also supports the ambitious goal of achieving 70% digital literacy by 2027, championed by the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. This national vision aims to equip millions of Nigerians with the skills required to thrive in a tech-driven world.

He further emphasized the importance of empowering youth with globally relevant skills. “They are no longer just consumers of technology. They are creators, innovators, and future employers,” he said.

The NITDA boss explained that throughout the bootcamp, participants engaged in hands-on learning experiences designed to build both technical proficiency and digital leadership capabilities.

“This is only the beginning,” he stated. “Through our zonal strategy, we are bringing innovation closer to local communities. This is how we democratise access and unlock Nigeria’s full digital potential.”

Inuwa expressed appreciation to Cisco for delivering high-impact training and called on stakeholders to continue investing in partnerships, people, and platforms that drive digital inclusion.

He asserted that the newly certified participants are now equipped to contribute meaningfully to Nigeria’s digital economy—armed with the skills to build solutions, secure infrastructure, and launch tech ventures that solve real-world problems.

At the end of the bootcamp, participants demonstrated their knowledge through impressive presentations that showcased the integration of skills acquired across Data Science, AI, and IT Essentials. Many spoke passionately about how the programme had expanded their technical competence and sparked a drive to create job opportunities—not only for themselves but also for others—as entrepreneurs and digital solution providers in their communities.


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Cyberattack Could Cost it Up to $400m – Coinbase

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Coinbase forecast a hit of between $180m and $400m from a cyberattack that breached account data of a “small subset” of its customers, the crypto exchange said in a regulatory filing on Thursday.

Cyberattack Could Cost it Up to $400m - Coinbase

The company received an anonymous email on May 11, claiming to have information about certain customer accounts as well as internal documents.

While some data — including names, addresses and emails — was stolen, the hackers did not get access to login credentials or passwords, Coinbase said.

Still, it will reimburse customers who were tricked into sending funds to the attackers.

Hackers had paid multiple contractors and employees working in support roles outside the US to collect information.

The company has fired those involved, it said.

Separately, the New York Times reported that the US Securities and Exchange Commission (SEC) was investigating whether the company had misstated its user numbers.

Coinbase shares extended losses after the report and were last down 6.5%.

“This is a hold-over investigation from the prior administration about a metric we stopped reporting two-and-a-half years ago, which was fully disclosed to the public,” said Paul Grewal, Coinbase’s chief legal officer.

“While we strongly believe this investigation should not continue, we remain committed to working with the SEC to bring this matter to a close.”

The SEC declined to comment.

The latest developments come days before the company is set to join the benchmark S&P 500 index, casting a shadow over what was expected to be a landmark moment for the crypto industry.

Security remains a challenge for the crypto industry despite its growing mainstream acceptance.

In February, Bybit disclosed a hack in which about $1.5bn worth of digital tokens were stolen — widely described the biggest crypto heist ever.

“The cyberattack may push the industry to adopt stricter employee vetting and introduce some reputational risks,” said Bo Pei, an analyst at US Tiger Securities.

Funds stolen by hacking crypto platforms amounted to $2.2bn in 2024, according to a report from Chainalysis, a US-based blockchain analysis firm.

“As our nascent industry grows rapidly, it draws the eye of bad actors, who are becoming increasingly sophisticated in the scope of their attacks,” said Nick Jones, founder of crypto firm Zumo.

Coinbase has refused to pay a ransom of $20m demanded by the attackers and is working with law enforcement agencies. Instead it has established a $20m reward for information on the hackers.

The company is also opening a new support hub in the US and taking other measures to prevent such cyberattacks, it said.

 

 

 


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