Connect with us

E-Business

How Nigeria can Turn Almajiris to Digital Millionaires – Ekeh, Zinox Boss

Published

on

Kindly share this post

Leo Stan Ekeh, serial digital entrepreneur and chairman of Zinox Group said that Nigeria can turn the poor, nomadic children popularly called Almajiri into millionaires, employers of labour or even employable citizens if a digital solution is applied to address their peculiar plight.

How Nigeria can Turn Almajiris to Millionaires – Ekeh, Zinox Boss

Leo Stan Ekeh

Ekeh, who delivered an impassioned and workable solutions to the age-long Almajiri issue which government appears yet to find a fitting solution to, spoke as one of the panellists at the Africa Independent Television (AIT) Virtual Town Hall Forum with the theme: The Economic Implications of the New Normal Post-Covid-19 – Anticipated Revolution in Digital Economy, Business Re-Engineering, Government, Trade and Effects on Global Economic Recovery.

Speaking on the impact of COVID-19, Ekeh said one of the major classes of Nigerians negatively affected by the pandemic were the Almajiri who have been tossed from state to state like articles of trade nobody wanted to buy.

A 2014 UNICEF report estimated that there are 9.5 million Almajiri children in Nigeria, which accounted for 72 per cent of the nation’s out-of-school children.

Nigeria is estimated to currently harbour between 13.2 million and 15 million out-of-school children, most of them in the North.

However, Ekeh held that with a digital approach, the potential in these Almajiri that nobody wanted to have anything to do with, can be converted to treasures of gold in the vastly growing digital economy because they are young, brilliant with huge doses of energy.

‘‘I had the privilege of engaging with some of them in Lagos and Abuja. They sound like glorious messengers and have enhanced psychology of begging which, if retrained, could make them best sales persons of the second quarter of this century. We must not abandon them.

“Among these Almajiris, there are smart people whom we can turn to coders (software Application developers) if they are fast tracked under conducive environment with quality welfare program that influences them psychologically to anticipate a wealthy future.

‘‘They are Nigerians on the street and they feel the power of wealth around them but are handicapped because of their circumstances and place of birth. We cannot abandon them.

“The world needs about one million coders yearly and through coding, they can become millionaires and employers of labour. They don’t need to go to the university or secondary school.

‘‘All they need is a special finishing school for about six years where they would be turned to nerds and that will mark the end of poverty in their lives and in their families,” Ekeh said.

‘‘The nation and their states must provide for them, else they shall provide for themselves to survive like others, and it could negatively impact on the society from generation to generation.  If we can turn waste to productive use why not human beings created by God?’’

Ekeh, who likened the COVID-19 pandemic to a war, affirmed that the best way to win a war is to anticipate it, stressing that in life, “you must be prepared to win a war before the war begins.”

He emphasised that Nigeria was not prepared for the COVID-19 war, hence the seemingly difficult struggle to deal with it.

Further, he explained that the sudden rush for e-learning in the country was what he had anticipated 15 years ago but added that the Nigerian government did not buy the proposal to make e-learning a life style among the people, noting that COVID-19 has validated his assertion that without digital technology as a way of life and doing business, a nation cannot be truly independent or sovereign in the 21st century.

He warned that companies and organisations including those in the public sector that failed to take advantage of COVID-19 realities to scale up their technologies as necessary tools in the workplace will either suffer huge loss or go into extinction.

“Post COVID-19, a lot will change; a lot of companies will die. We are witnessing huge disruption with digital solutions which have taken the form of technologies worth millions of naira invested to provide teleconferencing as we used to know it. Today, it’s Zoom. That’s disruption and such incidents will continue to define mankind.”

The Zinox boss, who is credited with pioneering a series of innovative firsts in the Nigerian technology sector, insisted that Nigeria must see opportunities inherent in the post COVID-19 economy and take advantage of them.

“I see infinite possibilities and opportunities arising from the COVID-19 pandemic. One of such was that, instead of importing face masks from China or anywhere, the government ought to have deliberately engaged Nigerians tailors, put them in school halls, give them electricity.

“They already have their machines. By the time we create such clusters in different states, we would have locally produced face masks that would serve 200 million people and that would translate to millions of naira for the tailors and indirectly for the government.

“The same tailors can transit to making school uniforms, under wears, ties, bed sheets and pillow cases, designer dresses etc., after the pandemic rather than having some schools import their uniforms from Asia and Europe,” he said.

Ekeh,a global advisor to renowned technology giants, Microsoft and the first to pioneer e-commerce in Africa when he launched BuyRight Africa.com, regretted that the Federal Government lost an opportunity to help grow e-commerce when it failed to initially clearly delineate e-commerce workers as persons on essential duty and e-commerce as essential service during the lockdown.

He cited the example of Amazon which, through the support of the United States government went a long way in helping Americans observe social distancing and keeping many employed even during the lockdown.

The serial digital entrepreneur added that e-commerce is a very cost-intensive venture, noting that e-commerce companies in Nigeria such as Konga are bearing huge losses in view of the complicated and exorbitant applications which drive the business and their status as heavy employers of labour.

Nevertheless, Ekeh insists that despite the lost opportunity, e-commerce remains the future of Nigeria and Africa in terms of jobs and wealth creation.

The only difference between the success recorded here and in other climes, he disclosed, was the institutional support received by players in the sector.


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

E-Business

Naija Shopping Festival: Konga Offers Unbeatable Christmas Deals

Published

on

Kindly share this post

Nigeria’s leading e-commerce platform, Konga, has unveiled the Naija Shopping Festival, a Christmas sales event designed to offer shoppers extraordinary discounts and unbeatable deals.

This exciting shopping extravaganza begins on December 1 and runs through December 30, promising an unforgettable experience for all.

With discounts of up to 70% off on your favourite products, the Naija Shopping Festival is Konga’s way of spreading festive cheer and ensuring no one misses out on amazing deals.

This event caters especially to those who could not participate in Konga Yakata, giving everyone a chance to save big this holiday season.

The festival boasts a wide array of incredible offers across multiple categories, including mobile phones, electronics, FMCG, fashion, groceries, and accessories.

Shoppers can also enjoy specially curated deals such as Christmas Eve Deals, Flash Sales, Santa Shop, and Hamper Packs, ensuring there’s something for everyone this festive period.

Konga is partnering with top global brands such as Apple, Starlink, HP, Zinox, CeraVe, Lenovo, Haier Thermocool, Samsung, and Infinix to deliver the best possible deals. Customers can expect discounts of up to 70% on premium products, ensuring maximum value on every purchase.

Speaking on the launch, Onochie Melvin, E-commerce Manager at Konga, stated, “The Naija Shopping Festival is our way of giving back to our customers and making this Christmas season special for every Nigerian.

“We remain committed to easing the financial burden on Nigerian consumers, especially during challenging economic times. Also, we want to ensure shopping is fun, affordable, and stress-free. With our trusted partners, we’ve curated the best deals to meet the needs of every shopper during this festive period.”

As always, Konga is committed to making shopping easy and convenient for Nigerians.

“By offering substantial price cuts and collaborating with trusted brands, Konga continues to set the standard for e-commerce in Nigeria.

To have a feel of Konga’s Naija Shopping Festival, visit www.konga.com today and make your Christmas shopping a joyful experience.

 


Kindly share this post
Continue Reading

E-Business

TD Africa Joins Forces with Check Point to Enhance Cybersecurity in Nigeria

Published

on

Kindly share this post

TD Africa, a leading technology distributor in Sub-Saharan Africa, has joined forces with Check Point Software Technologies Ltd., a global cybersecurity leader, to enhance Nigeria’s cybersecurity resilience.

This strategic partnership, announced at a partner roundtable event in Lagos and attended by industry executives, stakeholders, and IT professionals, facilitated discussions on emerging cybersecurity trends and fostered strategic partnerships.

Participants explored innovative approaches to digital security, concluding with a networking session designed to spark future collaborations and strengthen Nigeria’s digital ecosystem.

Abiodun Idowu, Assistant General Manager for TD Africa, highlighted the company’s dedication to delivering cutting-edge technology solutions, saying: “This partnership with Check Point reflects our commitment to providing advanced tools that safeguard businesses against today’s complex cyber threats.”

Check Point’s Security Manager, Victor Ugwu, who underscored the partnership’s significance in strengthening cybersecurity frameworks in Nigeria, said, “With this collaboration with TD Africa, we aim to deploy innovative solutions like Harmony and CloudGuard to protect organizations across the country.”

TD Africa now offers Check Point’s Harmony and Email Collaboration solutions, incorporating Secure Access Service Edge (SASE) technology to enable secure connectivity for remote and hybrid work environments.

Additionally, the partnership provides CloudGuard, an end-to-end cloud security solution, and Quantum Firewall appliances, which scale to meet the needs of businesses of all sizes.

This partnership reinforces TD Africa’s position as a driving force in Nigeria’s technological advancement. By delivering robust cybersecurity solutions, TD Africa empowers businesses to navigate the digital age with confidence and resilience.


Kindly share this post
Continue Reading

E-Business

Kaspersky Contributes to Joint INTERPOL-AFRIPOL Operation Combating Cybercrime Across Africa

Published

on

Kindly share this post

Kaspersky has recently assisted its partner law enforcement agencies INTERPOL and AFRIPOL in a joint effort to disrupt cybercrime across the African region.

Dubbed “Serengeti,” the operation has led to the arrest of more than 1,000 individuals suspected of links to cybercrimes such as ransomware operation and business email compromise (BEC) attacks, resulting in nearly US $193 million in financial losses worldwide.

As Africa is going through a rapid digitisation, the threat of cybercrime on the continent is also escalating. In the African region in general and West Africa in particular, ransomware emerges as one of the most prominent attack vectors, targeting critical infrastructure, financial institutions, and manufacturing facilities, among others.

During the first 10 months of 2024, ransomware detections in West Africa surged by 36% year-on-year, according to Kaspersky data. Other noticeable cyberthreats targeting users and organisations in the region include spyware and password stealers.

Conducted from September 2 to October 31, operation Serengeti dismantled 134,089 malicious infrastructures and networks linked to cybercrimes including ransomware operations, BEC attacks, digital extortion and online scams — all identified as prominent threats in INTERPOL’s 2024 Africa Cyber Threat Assessment Report.

Kaspersky has contributed to the operation by sharing information on threat actors, data on ransomware attacks and malware targeting the region, as well as up-to-date indicators of compromise (IoCs) for malicious infrastructure across Africa.

Among the malware targeting African countries was also a well-known Brazilian banking trojan Grandoreiro – Kaspersky recently released new findings on this trojan at its Security Analyst Summit. Additionally, ransomware families detected in attacks on African organisations among others included LockBit, Rhysida, and Medusa.

The operation has also resulted in the identification of more than 35,000 victims of cyber offenses investigated.

Valdecy Urquiza, Secretary General of INTERPOL, said: “From multi-level marketing scams to credit card fraud on an industrial scale, the increasing volume and sophistication of cybercrime attacks is of serious concern.

Operation Serengeti shows what we can achieve by working together, and these arrests alone will save countless potential future victims from real personal and financial pain. We know that this is just the tip of the iceberg, which is why we will continue targeting these criminal groups worldwide.”

Ambassador Jalel Chelba, AFRIPOL’s Acting Executive Director said: “Through Serengeti, AFRIPOL has significantly enhanced support for law enforcement in African Union Member States. We’ve facilitated key arrests and deepened insights into cybercrime trends. Our focus now includes emerging threats like AI-driven malware and advanced attack techniques.”

“We are proud to contribute to this multi-stakeholder operation orchestrated by INTERPOL and AFRIPOL,” comments Yuliya Shlychkova, Vice President, Global Public Affairs, Kaspersky. “The emerging dynamics of the threat landscape in Africa requires a stronger regional dialogue on mitigating acute cybersecurity risks.

Kaspersky firmly supports INTERPOL’s and AFRIPOL’s efforts to prevent and disrupt cybercrime attacks across Africa and shares the holistic approach towards creating a more cyber-resilient environment within the continent.”

Thanks to the cooperation with INTERPOL and AFRIPOL, Kaspersky has been an active contributor to fostering a more cyber-savvy environment in the African region.

In addition to the vast record of joint operations in Africa, with the latest being INTERPOL-led operation Synergia II, Kaspersky has recently sealed a five-year cooperation agreement with AFRIPOL to further strengthen its role in creating a more cybersafe climate on the continent by sharing Kaspersky’s extensive data on local cyberthreats and cybercrime trends with the organisation.


Kindly share this post
Continue Reading

Trending