General News
Foreign Investors, Key Partners to Actualizing FG’s Local Content in ICT- Faulkner

Oladipo Faulkner, country general manager for IBM Nigeria, has called for improved collaboration between the government, the local ICT industry and the foreign partners, as a critical step to actualizing robust local content development.
Faulkner made the remark in an interview with Nigeria CommunicationsWeek on the sidelines of the recent eNigeria held by the National Information Technology Development Agency (NITDA) in Abuja, stating that globalization entails that nations depend on each other to harness its ICT potentials.
Faulkner was recently appointed to lead IBM’s overall business in Nigeria with a focus on deploying the company’s advanced technology capabilities in cognitive, cloud computing, big data and analytics, mobile and security to solve current and future needs of institutions in key economic sectors across the country.
Faulkner will also provide leadership for IBM’s relationships and corporate social initiatives in the civil Society, ICT, and academic communities.
Faulkner is currently IBM’s Global Business Services Lead for Central and West Africa. Prior to joining IBM in 2013, Faulkner spent 13 years working with Accenture Nigeria, a consulting firm, rising to become a Director. He holds a bachelor’s degree in Mechanical Engineering from the University of Lagos and an Advanced Management Program certificate from Institute de Empressa (IE) in Madrid, Spain.
IBM operates in over 170 countries. Some of the myriad of IBM’s inventions include the automated teller machine (ATM), the floppy disk, and the hard disk drive. He spoke to peter oluka.
IBM’s Contributions Towards Achieving Growth Via ICT Development in Nigeria
Our point of view in IBM is that technology is a tool for business management and economic development. From that perspective, we fully understand that whatever solution or technology we put out in the market is used to enable businesses and unlock the economy.
What are we doing specifically in IBM? Well, two key fronts: First, we have a world class innovation centre in Nigeria operating as a platform for incubating ideas, developing new concepts/ideas. Secondly, the enablement we do, which is not just about businesses but cuts across board.
Every quarter we conduct training for people and other stakeholders such as our partners, clients, the academia, inundating them on specific technology advancements and domains so they become better skilled to using these technologies.
We also conduct trainings for the Universities in Nigeria, impacting the local communities as well. Recently, we carried out a corporate social responsibility project in Ogun State, specifically how technology can assist the government become more efficient in their projects. We are connected to this market as a Company. Watson, our intelligent system was introduced, aside America, first in Africa. When our Global CEO was in Africa in 2014, she announced that Watson will be deployed in two key areas: cervical cancer treatment and education.
We believe that if the people are empowered with the necessary skills they can become their own entrepreneurs, or use the skills to help the businesses they find themselves.
In today’s world, and Africa is not left behind, we believe that with cloud platforms and other software running on them, we can introduce other solutions that can become globally available for segmented market, especially for those that could not afford the tools in the first place.
Government Needs to Embrace Foreign Investors
I think we should not continue looking certain issues in one direction. Take IBM for instance, we have over 150 employees (locally). IBM is here (Nigeria) as s solution provider.
Though, every foreign Company is here for profit-making however they contribute towards the growth of the local environment. Let’s take for instance, the local content guidelines.
As a company we are in full support of the policy. Where the issue may arise is in speeding up the execution or those laws. For us, we are abiding by the laws set before us and in full support of the Government
Developing Plan for Industrial Growth
The New DG of NITDA has said without mincing words that he intends to transform the Agency from an administrative to a policy organization.
NITDA as an Agency is our regulator and critical for the healthy competition. Once the transformation is achieved there will be a lot changes in approach, ability to executive and improved results.
Yes, we are talking about technology and have seen a lot supports from the executive arm of the Government, but we need to ask the right questions such as what do we need to do, and how. We need a plan that will direct every action of each player in the industry.
Developing an IT Driven Public Service
I think in the last couple of years government has been showing more commitment towards the sector through executive support.
We have seen some different compare to the past. Same time, we have our roles to play by constrictively advising them. There should be improved discussions to drive this sector better.
Leveraging Technology For Ease Of Doing Business
I know the Vice President’s office is working on ease of doing business and from his pronouncements they are serious about that. Recently we had discussions with the Minister on same subject. We are open to make contributions and engage with the authorities on how to actualize that, if we are allowed.
How IBM Helps Businesses Leverage Big Data
When you talk about big data we focus on both structured and unstructured data. I think sometimes we overdo the analyses. I today’s world, using dynamic predictive/analytic tools they pull data from different sources, to give you a view or an outlook. We have the best solutions that can help companies tap into their current structured and unstructured data to come up with informed business decisions.
We are willing to engage as many are willing to do that. At our last business connect event we discussed extensively with stakeholders on the potency of big data in running today’s business.
Cloud Computing: Adoption Rate, And IBM’s Expectations in The Market
First, our global CEO defines IBM as a cognate solutions and cloud platform business. That is differential in the true sense of it; based on our focus and drive. We strongly believe that cloud is the way to go. Cloud is a platform that provides new capabilities and cost saving measures for businesses. As a country, we are slow adopters but not as slow as a lot of people think.
Nigerian companies are already in the cloud; many with cloud infrastructures. A lot of companies have local clouds. So, conversation is: when are going to migrate to the hybrid cloud. As individuals we are in cloud as we go about using iPads, smartphones and other smart devices.
Where you find issues is around financial records, sensitive information and national records. I am glad that the conversations are still on-going and that the government hasn’t come up with a blanket policy on it. As the engagements continue we need to even define data; what element of data is critical. What are the motivating factors that make us use data the way we do? I think when the conversations are finalized before we can have a national policy on where data can reside. That will impact data strategy. We are working on our strategy, though without a local centre yet. But we have centres where we can connect our clients. It is our hope that we have a local hosting centre to also address issues around data governance.
Achievements with Watson In Africa
Watson is key in our engagements with clients. We are at different stages to using Watson help them solves some business problems. That is bank in West Africa we are talking to; another one in Nigeria we are discussing with too. Very soon they will engage Watson. Already, Watson is available for health and education as well as the rest of businesses.
Stepping Up Start-ups Engagements
The drive towards stepping up engagements with start-up was borne out of need to contribute to the development of the economy we found ourselves in; help to improve the quality of lives. We can only do better when the quality of lives gets better.
Recession: How ICT Can Save the Day
When economies slide into recession, it can be a blessing or curse. It is blessing because, for us as a nation, finally our eyes are clear over reliance on just a natural resources which is crude oil. I think we need to review our strategy around what will drive our economy.
It is also a good time for government to play an active role. Government needs to create enabling platforms for stakeholders to rally around and agree on where to head to. There are lots of stakeholder engagement that is going on especially around ease of doing business.
General News
Moonshot Returns with a Defining Third Edition, Charting Africa’s Next Phase of Innovation

Moonshot, Africa’s flagship tech and innovation gathering, officially announces its third edition. Scheduled to take place from October 15 –16, 2025, at the Eko Convention Centre in Lagos, Nigeria, the future-shaping conference will convene over 4,000 participants and more than 120 speakers from over 15 countries, all focused on accelerating the trajectory of Africa’s tech-driven future.
This year’s theme, “Building Momentum: Africa’s Tech Ecosystem Positions Itself for Its Next Big Leap,” captures a critical moment for the continent’s tech landscape.
Following years of resilience through economic downturns and funding contractions, the ecosystem is maturing rapidly and sensibly redirecting focus toward sustainable, scalable growth. Moonshot 2025 will serve as a platform to consolidate these hard-won gains and align stakeholders around the next era of opportunity, across key tech verticals.
Headline sponsored by Sabi, a global trade and supply chain enabler, the agenda-setting conference has evolved into a continental platform for catalysing connections, unlocking capital, and amplifying bold ideas. Now in its third year, Moonshot serves as a dynamic hub, and a living museum, of Africa’s innovation journey, actively bridging past achievements with future ambitions.
Speaking about the event, Tomiwa Aladekomo, CEO of Big Cabal Media, said: “The last few years truly tested the resilience of Africa’s tech ecosystem, but they also undeniably sharpened it. The ups and downs in funding have given way to something far more intentional, with founders now building smarter and with clearer purpose.
Despite the challenges, African founders have persevered and thrived. Crucially, regulations have also matured, providing much-needed direction. What we’re witnessing now is genuine momentum, firmly grounded in strong fundamentals, propelled by clarity, and intensely focused on scale.
“Moonshot 2025 offers a vital space to reflect on our journey and to channel this momentum into meaningful progress for founders, investors, and the entire ecosystem”
This year’s edition will welcome a distinguished lineup of speakers, including Andrew Alli, Non-Executive Director, British International Investment (BII), Maxime Bayen, Operating Partner, Catalyst Fund, and Lexi Novitske, General Partner, Norrsken22, among others.
The event will also showcase its nine signature content tracks, now enhanced with refreshed programming designed to foster deeper, more impactful conversations. This include:
- FUEL: The Investor Conference: This track is significantly upgraded to improve deal-making and investment opportunities, with a stronger focus on attracting Limited Partners (LPs), Development Finance Institutions (DFIs), and first-time investors in Africa. It will feature structured deal rooms, curated pitch sessions, an investor’s guide to Africa, and dedicated spaces for peer exchange across the investor landscape.
- Startup Festival: Tailored for both early- and growth-stage founders, this festival will offer intensive workshops, operator-led sessions, and live startup showcases, including the TC Battlefield – it’s flagship pitch competition.
- Emerging Tech (AI): A dedicated space to explore the practical applications of artificial intelligence across various sectors on the continent, featuring product demos and insights from leading builders and researchers.
- Government & Policy Conference: This vital track will convene policymakers from across Africa to engage in discussions on crucial digital policy reforms and work towards tangible commitments to support innovation and scale across the continent.
Additional tracks, including Creative Economy, Climate Tech, Future of Commerce, Big Tech & Enterprise, and Entering Tech, will feature compelling conversations on critical topics such as financing infrastructure, workforce development, and fostering cross-sector collaboration.
Also speaking about the event, Anu Adedoyin, CEO and co-founder of Sabi said “This marks our third year as a proud partner of Moonshot, and the evolution of this conference mirrors the incredible growth and ambition of African tech.
“We believe in building robust foundations for digital commerce, and Moonshot is crucial for fostering the connections and clarity needed for founders to build smart, scalable solutions. We’re excited to see the tangible momentum this year’s event will generate for Africa’s next big leap.”
Proudly supported by platinum sponsors Flutterwave, Luno, Fincra, Raenest, Cardtonic, Roqqu, Opay, and Busha, the conference will build on the outcomes of previous editions, including a $120,000 ecosystem pledge at last year’s Tech Ecosystem Alliance roundtable.
Moonshot is powered by the leading tech publication in Africa, TechCabal, providing reporting, data and context that help investors and professionals globally understand where African tech is and where it is going.
General News
FirstBank Retains Top Spot as Nigeria’s Best Bank for ESG @2025 Euromoney Awards

FirstBank, the West African premier financial institution and financial inclusion services provider, has emerged as Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the prestigious Euromoney Awards for Excellence 2025, held recently in London. This marks FirstBank’s second consecutive win in the ESG category, affirming its leadership in sustainable finance and responsible banking across Nigeria.
The Euromoney Awards for Excellence are regarded as one of the most coveted accolades in the global financial industry. The highly competitive selection process involves rigorous analysis and assessment, measuring performance against strategic and impact-oriented criteria.
The Bank earned the award through its deepened sustainability commitments embedded across its operations and community initiatives. In 2024, FirstBank screened 237 transactions worth over ₦3 trillion for sustainability risks, integrating ESG considerations into its credit framework.
Among its flagship sustainability initiatives, FirstBank commenced a tree planting campaign in partnership with Nigeria Conservation Foundation (NCF), planting over 30,000 trees in 16 locations across Nigeria. This was the first phase of its 50,000-tree initiative, projected to absorb approximately 720 tonnes of CO₂ by the end of 2025, contributing to climate resilience and supporting biodiversity preservation.
FirstBank has been proactive in gender inclusion through the Gender Market Strategy, disbursing over ₦43 billion FirstGem loans to women-led businesses in 2024. The Bank’s commitment to inclusive banking saw a significant increase in the worth of transactions facilitated by FirstMonie agents to over ₦9 trillion.
The Bank prioritises ESG/sustainability capacity building, evidenced by the training of over 9000 employees, and its webinars and workshops reaching over 2,000 SMEs and corporates. The bank’s investment in leadership for over 2,000 female employees through the FirstBank Women Network has demonstrated a dedicated structural commitment to cultivating a knowledgeable and diverse workforce catering to the dynamic ESG landscape.
Commenting on the award, the Chief Risk Officer of the Bank as well as the Chairman of the FirstBank Sustainability Committee, Patrick Akhidenor said, “We are honoured to receive this prestigious award for the second time in a row, which is a validation of our efforts to create a sustainable and inclusive future for all our stakeholders. Our approach to sustainability is hinged on three pillars: education, health and welfare; diversity and financial inclusion; responsible lending, procurement and climate initiatives”
He added: “We remain focused on driving impact through purposeful initiatives and inclusive growth, ensuring that our ESG efforts continue to create meaningful change in communities across Nigeria and beyond.”
The continued success in ESG and sustainability is driven by FirstBank’s vision to be Africa’s bank of first choice, leading with purpose, responsibility, and innovation.
General News
FG Collaborates with China to Digitalize Customs

Federal Government is increasing collaborations with China to digitalise Nigeria Customs Service operations. This past weekend, NCS strengthened its cooperation efforts through a high-level engagement with the General Administration of Customs of China (GACC).
The meeting, held in Beijing, China, brought together senior officers of the customs service and top officials from the GACC to explore bilateral knowledge exchange and capacity development in customs administration.
Abdullahi Maiwada, NCS Assistant Comptroller of Customs said that discussions were held with officials from the GACC International Cooperation Division, the Training and Education Centre and representatives of the Shanghai Customs College.
“The engagement focused on deepening cooperation in customs training methodologies, modernisation models and technology-driven solutions, especially as China plays a pivotal role in Nigeria’s international trade network,” said Maiwada.
He added that during the meeting, the Chinese customs authorities shared their structured training system, which incorporates virtual reality, 5G-enabled systems, and blended e-learning approaches. In 2024, GACC conducted over 8 000 physical training sessions and developed 360 online courses.
Discussions also highlighted Nigeria’s active participation in China-led customs development initiatives, with over 200 African customs officers, including 89 from Nigeria, having received training since 2023 across various areas, such as trade facilitation, anti-smuggling enforcement, food safety supervision and digital port operations.
The bilateral dialogue between the two customs agencies also heralded new areas of collaboration, including Nigeria’s participation in upcoming Customs Modernisation Courses and officer development training at the Shanghai Customs College.
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