News
Facebook is More Than a Place to Upload Pics- Zachariadis

Markos Zachariadis, Warwick Business School Assistant Professor of Information Systems has toasted Facebook, the social network giant as more a place to upload pictures.
He was commenting on the 10th anniversary of the company founded by Mark Zuckerberg, the American computer programmer and Internet entrepreneur.
Zachariadis said: “Facebook has come a long way since its inception and is now much more than a place to ‘upload pics’. It is the largest social network in the world, but many are questioning whether it will survive another 10 years. Another innovation and network may come along to threaten its dominant position in the market, but Facebook is in a good position to expand and grow further, thus creating a strong ‘network effect’ and adding new services to keep users engaged.
“Its recent investment in mobile applications, which include the recently launched ‘Paper’ application in the US as well as the acquisition of Instagram, plus efforts to understand better and target the mobile advertising business can ensure it is around for another 10 years and beyond. I can see it going from strength to strength – predictions for population accessing the internet from mobile devices in 2017 is an impressive four billion!
“Facebook has a huge amount of data on its 1.23 billion users; lots of companies would pay a big premium to take advantage of that information, which has major implications for marketing. In the age of big data Facebook can capitalise on this user generated data for even better targeted advertising and marketing.
“Facebook has created a rich marketing ecosystem providing solutions for many organisations, who are eager to go beyond the occasional ad and keen to engage with their customers (it is a social network after all).
Allowing developers to plug onto its platform through APIs (Application Programming Interface) is also a smart move by Facebook that opens the door to additional value propositions for its extensive user base.
The successful examples of social gaming, and Zynga more specifically with the successful launch of FarmVille in June 2009, demonstrates the breadth of opportunity within the Facebook ecosystem – Zynga is now a $1.14bn revenue company and until last year 80 per cent of its revenue came from Facebook.
“Security and privacy are two of the most important elements for the success of social networking sites in the near future. Who has access to our digital footprint and the data that we generate throughout our interaction with social platforms are important issues most networks will need to address based on local laws and international regulations.”
News
NITDA Supports CAC AI Driven Transformation

By Oluwole Alao
Kashifu Inuwa CCIE, the Director General of the National Information Technology Development Agency (NITDA), has pledged the Agency’s full support for the Corporate Affairs Commission’s (CAC) artificial intelligence–driven transformation as the Commission marked its 35th anniversary in Abuja.

Delivering a goodwill message at the celebration, which was held at the Ladi Kwali hall of the Abuja Continental Hotel, Inuwa commended CAC for its uncommon consistency and resilience, noting that while many organisations rise and fall after initial success, CAC has continued on a steady growth trajectory.
“We know organisations go up and come down, but some will keep thriving, thriving, and thriving, and today, this is what we are witnessing for CAC,” he said.
Reflecting on his early engagement with the Commission, the NITDA boss recalled that the Registrar General made organisational transformation a priority from the very start of his leadership, particularly in embracing digital innovation.
According to Inuwa, the current era demands more than basic digitisation, stressing that meaningful transformation can only be achieved through the integration of artificial intelligence into core operations.
“We are in the AI era, and the only way to transform today is to embrace and integrate AI into your operations. This is exactly what the Registrar General is doing,” he stated.
He assured CAC of NITDA’s commitment to working closely with the Commission to embed AI across its numerous processes, explaining that the technology would infuse intelligence into workflows, simplify company registration and business management, and strengthen cybersecurity.
“We will make sure you integrate AI into CAC processes. With AI, it will infuse intelligence in everything you do and make things easy for Nigerians to register companies and manage businesses,” Inuwa averred.
The NITDA DG added that deploying advanced AI tools would help CAC staff stay ahead of fraudsters and curb hacking and fraudulent alterations of company records, while also safeguarding the system through responsible deployment.
“At NITDA, we will make sure you deploy ethical and responsible AI in your operations, with the right guardrails in place,” he assured.
He further described CAC’s digital reforms as bold and impactful, noting that the Commission has reduced company registration timelines from several months to as little as 24 hours. He added that further integration of AI would enhance name search and reservation, automate filings, improve corporate governance, and significantly reduce fraud.
He also highlighted NITDA’s ongoing role in reviewing CAC’s digital and AI transformation roadmaps, providing guidelines, standards, training support, and safeguards to ensure sustainable, people-centred, and secure digital services.
The NITDA DG congratulated CAC management, staff, and members of the National Assembly for their support, expressing confidence that the partnership would further strengthen Nigeria’s digital business environment in the years ahead.
News
U.S. Slams Nigerians: Overstays Jeopardize All Visas

The United States has warned Nigerians that overstaying their visas could jeopardise travel opportunities for other citizens seeking to visit the US for education, business, or family purposes.

The warning came amid ongoing immigration crackdowns and tighter travel restrictions under the administration of President Donald Trump.
In a statement posted on X on Monday, Feb. 9, the U.S. Mission in Nigeria stressed that compliance with visa rules is essential to protecting access for Nigerians who travel responsibly.
“Visa overstays by Nigerian travellers can affect opportunities for their fellow citizens,” the Mission said. “Strengthening compliance helps protect access for students, business travellers and families who travel responsibly.”
The Mission also urged Nigerians to report cases of visa fraud to [email protected] or [email protected]
News
CAC Pushes Single National Register to Curb Corruption Loopholes

Nigeria’s Corporate Affairs Commission (CAC) has urged creation of a unified national beneficial ownership register to bolster anti-corruption efforts and corporate transparency.

CAC
CAC Registrar-General highlighted how fragmented sectoral registers breed duplication, inconsistencies, and regulatory gaps during the Commission’s 35th anniversary Anti-Corruption Day in Abuja.
ICPC Chairman Dr. Musa Aliyu, via representative Demola Bakare, praised CAC’s role in fostering accountable business environments that drive sustainable growth.
Global evidence links transparent institutions to stronger economies, with clear rules, accessible data, and open operations as key pillars.
CAC’s oversight on company registration, disclosure, and compliance directly builds investor trust and national integrity, closing avenues for illicit financial flows.
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