News
How and Why Lagos is Breeding Ground for Techpreneurs

Technology entrepreneurs’ (techpreneurs) and most technology startups have remained concentrated in Lagos due to the dearth of basic physical and organizational structures and facilities needed for the operation of their enterprises outside the megacity, investigations have shown.
Also, the city and the entrepreneurial spirit it represents have become an enduring part of Lagos lore.
For instance, on a weekly basis, technologies startups with innovative products and services are launched, but are constrained to remain in the city no thanks to unavailability of bandwidth, frequent electric power cuts, bad roads, unsavory tax systems, are among few factors in most parts of the country.
Mr. Ejomofo Obi, managing director, Lamudi Nigeria, told Nigeria CommmunicationsWeek that most techpreneurs would wish to expand their tentacles beyond Lagos but issues around infrastructural development have to be addressed.
According to him, techpreneurs are not mainly concerned with Government funding, “rather we prefer a situation where the infrastructure is in place to help drive growth.
“Most startups prefer to remain in Lagos, because this is where majority of the network operators are. This is where you have relatively good road network to deliver items, if you are into e-commerce. Now, as a technology company you need to track your business, which calls for bandwidth. Aside Lagos, Abuja, Port Harcourt and now Ibadan, where you will get 4G LTE service experience, most states are still on 2G, but operators would claim 3G. Infrastructure is key in nurturing startup businesses” he added.
On her part, Amy Muoneke, managing director of Carmudi Nigeria said that startup business beyond Lagos demands venture capitalists or partnership to thrive; and investors are willing to dole out founds in a market where return on investments is guaranteed.
She admitted that the cost of running business outside Lagos might be relatively cheaper, but as most banks headquarters are in Lagos and other logistics challenges, most startups fates seemed tied to the megacity.
But, Aminu Waziri Tambuwal, Sokoto State Governor, has stated his administration’s resolve to remove bottlenecks that have limited the State’s access to technological evolution evident in States like Lagos, Rivers and the FCT.
Tambuwal said, “IT has revolutionarised every aspect of our lives with mush evidences in our immediate environments. Communications has become easier via SMS, voice calls, internet calls, etc., due to the collective efforts of the players.
“In Sokoto State, we are trying to get the framework right. Before now, there was no plan on ground to enable our dear State leverage the opportunities. We are ready to partner with players to move to Sokoto State to help our young people to use IT and deepen our IGR (internally generated revenue). We will give you the best support than any government in Nigeria”
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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