Connect with us

News

Enextgen Wireless Builds IoT Solution for Agric Sector in Nigeria

Published

on

Kindly share this post

By peteroluka

Despite the persistent challenges to IoT in agriculture in less developed regions with remote areas tend to lack communication network infrastructure, Enextgen Wireless Limited says that Nigeria can still make best uses of the new technology.

The Company disclosed plans for basic research on sensors that could be of advantage to local farmers, which could be referred to as agriculture 2.0.

According to a World Bank report, farmers need to be presented with the right incentives to buy into IoT systems, whose upfront installation costs are still quite expensive.

Enextgen Wireless is unperturbed hence the researchers are determined to tackle these challenges.

Advertisement

Enextgen Wireless model could follow what Mimosa Technology has done in Vietnam where it has assisted smallholder farmers to adopt IoT-enabled precision agriculture by leasing hardware devices to farmers’ cooperatives, which has helped lessen the cost burden on smallholder farmers.

Another example is Eruvaka, an Indian startup that provides IoT-based aquaculture pond management solutions to help farmers like Nguyen reduce risk and increase productivity.

Though, still at the research stage,Mr. Kola Olaosebikan, managing director of Enextgen Wireless Ltd told Nigeria CommunicationsWeekthey are working on the means of creating some sensors that could be used in the farm; “simply call it Internet of Things (IoT). We are experimenting on that now.

“For the future, that is the area we would want to focus on. Likewise, the buzz is on 5G, though it will not become commercial till 2020, but most service providers in the US are on 5G trial mood. The technology will enable a lot of things like Internet of Things (IoT)- communicating through packets of data.

“We are leveraging our small lab to investigate things along IoT. Our aim is to build solutions to assist the agricultural sector. That is our long term goal. Presently, our resources are geared toward helping the service providers ensure quality delivery,” he said.

Advertisement

The possibilities are endless for the Company’s new found space in the agricultural, but information is essential when it comes to deploying IoT for agriculture.

Continuing, Olaosebikan said, “Yes, research and development (R&D) is somewhat a complex situation because to have a reliable R&D the government has to pay attention to education. That will also spur individual enterprises to do much in that regard. There is also need to pay attention to the engineering studies in our academic institutions; giving the students access to measurement equipment, various network infrastructures and so on”.

Kindly share this post

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

Continue Reading
Advertisement
Comments

News

Access Holdings Sets New Benchmark in Nigeria’s Finance Talent Pipeline

Published

on

Kindly share this post

New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, distinction industry watchers say signals a deeper shift in how leading institutions are building investment expertise from within.

In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financial services firm on the list.

Access also ranked second among employers of CFA charterholders, with 11 professionals who have completed all three levels of the Programme and met its experience and ethics requirements.

For an industry that has long measured itself by balance sheet size and branch count, the rankings point to a different kind of competition: one over who is building the deepest bench of certified, globally credentialed talent.

CFA Society Nigeria compiled the data from its Salesforce Membership Database as at June 2026, and described the exercise as a way of recognising employers whose people “bring rigour, integrity and global best practices into the workplace every day.”

Advertisement

Analysts following the sector say the outcome is notable less for the ranking itself than for what it suggests about talent strategy across Africa’s financial services industry. A single institution developing more aspiring charterholders than the rest of the market combined raises the floor for professional standards nationally, not just within one balance sheet.

Every candidate who advances through the CFA Programme adds to a shared pool of ethics-trained, analytically rigorous professionals that Nigeria’s capital markets, pension funds and asset managers all eventually draw from.

Access Holdings Group Chief Executive Officer Innocent C. Ike, commenting on the rankings, framed the achievement in terms of institution-building rather than recruitment: “Every candidate on that list represents our commitment to building institutions and professionals that endure.”

The remark echoes a broader thesis increasingly voiced by market observers, that talent depth, not scale alone, is what will determine which African financial institutions earn lasting global credibility.

That distinction sits at the centre of Access’s stated ambition to become the World’s Most Respected African Financial Services Group. If the CFA numbers are any indication, the Group’s route to that goal runs less through square metres of branch network and more through the calibre of the people sitting inside it, a bet that Nigeria’s finance professionals, and the institutions that will one day hire them, are already placing alongside Access.

Advertisement

Kindly share this post
Continue Reading

News

NCAA to Introduce RFID Technology to Tackle Missing Luggages

Published

on

Kindly share this post

Nigeria Civil Aviation Authority (NCAA) has announced plans to introduce Radio Frequency Identification (RFID) baggage tracking technology across domestic and international airport terminals to tackle the growing problem of delayed, misrouted and missing luggages

NCAA to Introduce RFID Technology to Tackle Missing Luggages

Michael Achimugu, director, Public Affairs and Consumer Protection, NCAA, disclosed this at a stakeholder engagement forum in Lagos.

Achimugu said the RFID-enabled system would replace the traditional barcode-based baggage tracking framework and provide airlines and passengers with real-time visibility of checked luggage from check-in to final collection.

According to him, the technology would improve baggage traceability, reduce mishandling and strengthen accountability across the baggage-handling chain.

Unlike conventional barcode systems, RFID technology allows baggage to be automatically scanned at multiple points without requiring direct line of sight, enabling real-time tracking of luggage throughout its journey.

Advertisement

Achimugu said issues involving short-landed, missing, lost or damaged baggage had remained among the major complaints from air travellers, alongside flight delays.

He said the introduction of RFID technology was therefore aimed at improving baggage-handling standards and restoring passenger confidence in the aviation sector.

The NCAA said the initiative also aligns with IATA Resolution 753, which requires airlines to track baggage at key points during the passenger journey.

The authority expects the technology to provide more accurate information on the location of luggage, facilitate quicker resolution of baggage-related complaints and improve the overall passenger experience.

The NCAA said the initiative would also strengthen accountability among airlines and other stakeholders involved in baggage handling at Nigerian airports.

Advertisement

 

Kindly share this post
Continue Reading

News

Firm Urges MSMEs to Increase Digital Payments Adoption for Growth

Published

on

Kindly share this post

eTranzact International Plc has called for increased adoption of digital payment solutions among micro, small and medium enterprises (MSMEs), saying access to technology is critical to improving business efficiency, financial inclusion and growth.

The company also said it was deepening its partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to expand digital access and financial literacy among small businesses across the country.

In a statement, the Divisional Head, Merchant Services, eTranzact, Mrs. Abimbola Reis, stated this at the SMEDAN/eTranzact Town Hall Engagement in Lagos recently, themed, “Financial Literacy and Inclusion for MSMEs Leveraging on Fintech Innovation.”

Reis described MSMEs as the backbone of Nigeria’s economy, noting that the sector comprises almost 40 million businesses and contributes significantly to economic growth and job creation.

However, she said many businesses continue to face challenges including limited access to finance, inefficient payment systems, weak financial reporting, cash-flow constraints and inadequate access to digital platforms.

Advertisement

She added that trust concerns also affect businesses’ ability to access finance, while heavy reliance on cash increases exposure to theft and makes payment reconciliation more difficult.

Representing the Director-General of SMEDAN, Prof. Yinka Fisher said the town hall was aimed at generating practical ideas and solutions that would support the growth and expansion of MSMEs.

“The essence of this engagement is to share ideas and concepts that will help MSMEs thrive and expand. Our partnership with eTranzact is about expanding the frontiers of MSMEs and ensuring they continue to grow,” he said.

Also speaking, representative of the Director-General of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Praise Adedigba said businesses could no longer depend solely on hard work to remain competitive.

Advertisement

Kindly share this post
Continue Reading

Trending