News
Ericsson Stakes €25,000, Other Incentives for Innovation Award 2018

By peter oluka
Ericsson has recently announced that it’s 2018 Ericsson Innovation Awards competition is now open until November 15th, 2017, for students worldwide.
This year’s theme is ‘The Future of Truth: How will we find, validate and share truth in the age of ICT?’ Those that submit their entries will have a chance to win a trip to Stockholm, an expert Ericsson mentorship and a €25,000 grand prize!
Girish Johar, head of Human Resources within Ericsson Region Middle East and Africa commented: “At Ericsson, we believe in the power of ICT and we have witnessed how it can impact the world for the better. The next generation of mobile networks are launching with the promise of improving lives like never before, and the future of technology is in the hands of our next generation. This competition is an invitation for the youth to join the discussion and showcase how their talent and innovations can help the world of ICT develop future opportunities.”
“How can you influence the perception of truth? Will your ideas shape the future understanding of reality? Can you improve the ways we find the truth, validate information or share stories and facts? Now is your time to apply your ideas and really have an impact. Whatever you do decide, you’ll have the opportunity to excel”, a statement by Ericsson reads.
For the regional competition, each of the seven regional winners will receive a €1,000 cash prize, a recruiter interview for a job or internship, a prominent feature on Ericsson digital media, and a certificate of achievement, in addition to special recognition and prizes offered within their respective regions.
The global competition will consist of semi-finalists and finalists. All semi-finalists will receive two months of mentorship from Ericsson experts in innovation and business. Semi-finalists will also receive recognition on social and digital media, recruiter interviews and a certificate of achievement.
Furthermore, all finalist team members will receive a trip to Stockholm, Sweden to compete live at the Grand Final event, including airfare, hotel accommodations, group meals, transportation and other expenses.
Finalists will also receive an additional month of mentorship and recognition across Ericsson social media and digital channels.
The competition winners will receive prizes of: Grand Prize: €25,000, 2nd Place: €10,000, 3rd Place: €5,000, 4th place: €2,000
Ericsson is helping shape the future of Mobile and Broadband Internet communications through its continued efforts to be a technology leader. Providing innovative solutions and teams that will help manage projects across the world to create the most powerful communication companies.
For more information visit: https://www.ericsson.com/en/events/eia-2018
News
LIRS to Invoke NTAA to Recover Unpaid Taxes from Bank Accounts, Others

Lagos Internal Revenue Service (LIRS) pursuant to Section 60 of the Nigeria Tax Administration Act (NTAA), plans to ask Nigerian banks to debit bank accounts of employers who failed to remit tax liability.

This was disclosed in a recent notice on Sunday.
LIRS stressed that the move was in line with the implementation of the country’s NTAA and other new tax laws, which took effect on January 1, 2026.
“Where a taxpayer fails, neglects, or refuses to settle any established outstanding tax liability when due, LIRS may exercise its power under Section 60 to direct any of the following persons to pay the amount owed by the taxpayer:
“Banks and other financial institutions; Employers; tenants, debtors, or customers of the taxpayer; Agents, business partners, and any person holding money on behalf of the taxpayer; Any person owing money to the taxpayer, whether presently due or accruing. Once a substitution notice is issued, the person served is statutorily required to remit to LIRS the amount. Specified in the notice from funds belonging to, or payable to, the defaulting taxpayer,” the LIRS notice partly read.
Meanwhile, Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, weeks ago ruled out claims that the government would debit personal accounts over tax remittances.
News
Anambra Cuts Monday Pay to Kill Sit-at-Home

Anambra State will implement pro-rata salary payments for civil servants starting February 2026, targeting chronic Monday absenteeism from the long-running sit-at-home order, Information Commissioner Dr. Law Mefor announced Saturday.

Soludo
Speaking at an Awka briefing after the Executive Council’s end-of-tenure retreat, Mefor said improved security and transport have eliminated excuses for the four-year disruption, which cost the state trillions in lost revenue. “Workers enjoyed full pay despite staying away; now, no work means no pay for that day, calculated over 24 working days,” he stated.
Compliance measures include mandatory Monday clock-in forms, with markets urged to reopen fully amid bolstered security. This builds on a January 22 executive order docking 20% pay from teachers absent on Mondays.
Mefor warned that lost Mondays cripple revenue collection and productivity, rejecting alternatives like Saturday shifts as capitulation to agitators.
News
Stakeholders Demand Stronger Governance and Infrastructure to Drive Tech Adoption @ Lagos AI Summit

As AI adoption accelerates across Nigeria, leaders at the “AI in Action Now” conference 2026 have called for a balance between rapid innovation and strict regulatory governance. The event, held at the Lagos Oriental Hotel, highlighted both the doggedness of Nigerian builders and the risks of unregulated data usage.

Dotun Adeoye, Co-Founder of AI Nigeria, raised alarms over “Shadow AI”, a trend where employees upload sensitive official documents to public AI platforms. He praised the Nigerian Data Protection Commission (NDPC) for its recent aggressive stance, including multi-million-dollar fines against major banks and social media brands.
“Innovation without governance is dangerous. The regulator now has the job of educating players. We are working in partnership with them to ensure players don’t just get fined, but actually understand how to protect data locally rather than storing it abroad, ” Adeoye noted.
Addressing issues of lack of infrastructure to carry AI adoption, Conference Convener Debola Ibiyode admitted that while Nigeria lacks the traditional foundation for AI adoption, the tech community cannot afford to wait.

“The simple answer is we don’t have the infrastructure, but Nigeria has never really had infrastructure to drive anything, and we still thrive, ” Iboyode said, encouraging students and builders to look beyond current limitations. “Once we start to build based on what we have now, it will encourage those who need to provide the infrastructure to do their part. The world will not wait for us,” she insisted.
To bridge this gap, she highlighted the AI Foundry Africa, an incubator designed to mentor ideas into market-ready products.
Meanwhile, speaking to journalists on the sidelines, Biodun Ogunleye, the Lagos State Commissioner of Energy and Mineral Resources, echoed the sentiment that the government’s role is to facilitate the right environment through partnership. He emphasized that data generated from interactions with the government must have long-term value.
“We must ensure that in all facets from production to interaction with government, the tools required to ensure data has value are appreciated,” Ogunleye stated.
He concluded that through private-sector collaboration, the government can focus on its primary functions while leveraging AI to ensure the nation aspires for the future.
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