E-Business
Huawei Reveals Latest Innovations in Cloud at ‘Cloud Congress W/Africa’

The 2nd Huawei Cloud Congress West Africa (HCC Nigeria 2016) summit opened on Thursday at the Oriental Hotel in Lagos, with the theme of ‘Transforming with Cloud, Setting New Benchmark’.
The summit drew more than 300 industry elites, ranging from telecom carriers, finance, governments, to energy companies and partners across West Africa.
Welcoming partners, customers and other guests, Beitang Li, managing director, Huawei Technologies Nigeria Limited, said that the Company is leveraging the summit to share its vision and ideas about the future, strategies on how to work together with various industries in order to advance ICT, and showcase its experiences in IT.
According to Li, in this digital era, user demands a ROADS experience: Real-time, On-demand, All-online, DIY, and Social.
“To adapt effectively, telecoms carriers and big business must change their business models, improve O&M, build ecosystems, add new infrastructure, develop organizations and processes, and learn new skills.
“Traditional industries find themselves under increasing pressure to transform and upgrade. IT has shifted from being a support system to a business and production system.
“The emergence of technologies represented by cloud computing is driving the need to change and reshape IT.
“In addition, the rise of Big Data is spawning additional cloud computing-based IT initiatives. IDC forecasts that cloud computing will be one of 2016’s IT megatrends.
“IT will shift from being a support service to a core production platform, as operators revitalize their closed, low-efficiency networks and shorten time-to-market (TTM)”.
The Company said that open, agile, cloud-based networks will give them the power to seize fast-moving market opportunities (e.g., digital and cloud services).
Shares IT Trend And Experience: IT Transformation Strategy
As an IT industry leader, Huawei concentrates on IT infrastructure, and continues to openly invest in and work with partners to provide innovative, differentiated, and leading IT solutions for customers worldwide.
Traditional industries need to transform and upgrade themselves: IT is becoming the engine by which traditional industries are transforming and upgrading.
Informatization (increased IT usage) is the latest revolution, following the previous three revolutions – mechanization, electrification, and automation. Innovative technologies such as Industry 4.0 connect everything, and Big Data analytics can be increasingly applied to industrial processes.
This phenomenon drives traditional industries to transform, and redefines business models. As such, each enterprise across every industry is taking up a new starting place.
The enterprise IT system is not just a support system, but is becoming a business and production system. Each enterprise is expected to fully leverage their IT system to enhance competitiveness, accelerate product Go-to-Market (GTM), increase operational efficiency, and reduce costs.
The Rise Of Cloud Computing Drives The Need To Reshape IT: IT technologies represented by cloud computing bring about new changes and lay the groundwork for the digital restructure initiatives of traditional enterprises and IT staff. Cloud computing assists enterprises and industry players alike (including telecom carriers) to rebuild their IT framework to become future-proof, so they can evolve network architectures, revamp business models, and become increasingly competitive. Huawei firmly believes that cloud computing is an important opportunity within the IT sector that should be seized. The emergence of cloud computing is a key factor behind Huawei’s massive investment in IT.
Big Data Creates Unlimited Opportunities For Business Innovation: Data is increasingly becoming a core asset that is critical to an organization’s IT initiatives. By fully leveraging data, companies are able to intelligently deliver transformations and innovations, as well as the ability to efficiently implement precision marketing. Data also aids enterprises with customer satisfaction survey, helps improve customer satisfaction, and increases operational efficiency. To fully capitalize on the value of “digital asset” – data, enterprises need a Big Data-capable platform. Huawei helps customers unleash the full potential of data by building a feature-rich Big Data platform that offers a variety of services, such as complete and real-time analytics.
New Products And Solutions
Cloud is the future of business. Hardware innovation, software re-architecture, and data intelligence have become the three most important factors of business success.
Huawei shared innovative products and solutions, not only include architecture, but also hardware (High-end Server, High-end Storage, Hyper-Converged Infrastructure and Spark-based Accelerator), software (Enterprise-class open cloud OS FusionSphere) and solution (Heterogeneous Virtualization Resource Pool, Hybrid Cloud Solution, and Cloud Disaster Recovery Solution) at the event.
Huawei also released its hyper-converged infrastructure FusionCube 6000 for virtualization and desktop clouds. FusionCube delivers high performance with low latency, and deploys rapidly. FusionCube 6000 uses a Huawei-designed, built-in, distributed storage engine. It deeply integrates computing and storage resources, eliminating performance bottlenecks and supporting flexible capacity expansion.
Build an Open, Collaborative, And Win-Win Cloud Ecosystem
By depending on joint innovation, technology innovation and cooperation innovation, Huawei has devoted itself to build an open, collaborative, and Win-win cloud ecosystem together with customers, and partners.
Huawei also looks to strengthen cooperative relationships with its customers, and seek greater marketing opportunities. Thus, Huawei launched its partner promotion product and policy to encourage partner’s aggressiveness at this summit.
Huawei drove the conversation at the event by engaging with industry leaders and IT vendors on promoting more open, more efficient, and more structured business growth for enterprise and carrier.
E-Business
NDPC, 60 DPAs Collaborate on Enforcing Privacy Rights in the Use of Al

Nigeria Data Protection Commission (NDPC) has joined sixty (60) other Data Protection Authorities (DPAs) in endorsing the “Joint Statement on Al-Generated Imagery and the Protection of Privacy.”

NDPC
The Joint Statement was coordinated by the International Enforcement Cooperation Working Group (IEWG) of the Global Privacy Assembly.
This underscores the growing concerns regarding the privacy risks posed by Artificial Intelligence tools capable of generating realistic images and videos of identifiable individuals.
The Joint Statement highlights concerns over the misuse of Al-powered tools to create non-consensual imagery, defamatory content, and other harmful materials, particularly affecting children and vulnerable groups.
It calls on organisations to implement strong safeguards, ensure transparency, provide effective content removal mechanisms, and comply fully with applicable data protection laws.
The current effort forms part of a continuum of steps being taken by Nigeria to ensure the responsible use of Al. It will be recalled that the Honourable Minister of Communications, Innovation and Digital Economy, Dr ‘Bosun Tijani, led the initiative for the development of the National Al Strategy.
The NDPC also issued the General Application and Implementation Directive (GAID), which, amongst others, mandates privacy by design and privacy by default in the development and deployment of Al tools.
The National Commissioner/CEO of the NDPC, Dr Vincent Olatunji, has directed that the Nigeria Data Protection Act (NDP Act) Compliance Audit Returns (CAR) by data controllers and processors of major importance will serve as a yardstick for monitoring and evaluating responsible use of Al for data processing in Nigeria.
E-Business
Jumia Tech Week 2026 Begins with Tech Deals on Smartphones, Electronics, and Everyday Technology

Jumia Nigeria has announced the launch of Jumia Tech Week 2026, a two-week campaign offering customers access to discounted technology products across key categories, including smartphones, computing, home entertainment, and wearable devices.

Starting from March 2 to March 15, Jumia Nigeria’s Tech Week 2026 is themed ‘Tech Products for Less’ – a deliberate commitment by the e-commerce giant to drive down the cost of technology products for Nigerian consumers. The campaign offers significant price reductions across key product categories, enabling more Nigerians to access the devices they need at prices that reflect the company’s dedication to affordability and consumer value.
Jumia Tech Week will feature deals across a wide range of product categories, including mobile phones, computer systems and accessories, televisions and audio equipment, gaming products, home appliances, portable power solutions, health technology,, and wearable devices.
Customers will also have access to curated recommendations, including top smartphone deals, must-have accessories, gaming essentials, and home technology upgrades.
According to Temidayo Ojo, CEO of Jumia Nigeria, the campaign reflects Jumia’s broader commitment to making everyday technology more accessible to Nigerians.
“Technology has become an essential part of everyday life, and access to the right devices enables more people to participate fully in the digital economy,” said Ojo. “At Jumia, we remain focused on expanding access and improving the shopping experience as we continue to build Nigeria’s everyday retail destination.”
The campaign will include a range of customer engagement initiatives such as flash sales, brand days, anchor deals and interactive activities designed to enhance the online shopping experience.
Special highlight periods, described as Explosion Days, will take place on March 6 and March 13, featuring limited-time offers across selected technology categories. Customers will also be able to participate in interactive activities, including product-based games, treasure hunts,, and live shopping sessions during the campaign period.
The campaign will feature participation from leading brands including Oraimo, Silver Crest, Samsung, Ecoflow, Nivea and Aeon, offering customers a wide selection of technology, household and lifestyle products. Early access promotions already begun during the teaser period from February 16 to March 1, allowing customers to preview selected deals ahead of the official launch.
Jumia Tech Week forms part of the company’s broader strategy to expand e-commerce adoption by improving access to essential products and enhancing the customer experience across its platform. As Nigeria’s e-commerce market continues to grow, Jumia remains focused on strengthening its product assortment, logistics capabilities, and digital experience to serve customers better nationwide.
Customers can participate in the campaign by using the Jumia mobile app or visiting the Jumia website and following the conversation online using #JumiaTechWeek.
E-Business
House Queries NDIC: ₦5m Max Payout for Failed Bank Depositors

Nigeria Deposit Insurance Corporation (NDIC) pays between ₦2 million and ₦5 million as deposit insurance to customers of liquidated banks, Managing Director Thompson Oludare Sunday told the House Committee on Insurance and Actuarial Matters during 2026 budget defence.

NDIC
House Spokesperson Akin Rotimi Jr sought details on depositor entitlements, citing Heritage Bank’s June 2024 collapse and public concerns over financial confidence.
Sunday explained NDIC’s mandate: banks pay risk-based premiums (now under 1%, down from 15/16 of 1%) to guarantee deposits. Coverage is ₦5 million for deposit money banks, primary mortgage banks (PMBs), and microfinance banks (MMOs); ₦2 million for other financial institutions.
Using BVN, NDIC auto-pays guaranteed sums without visits for amounts up to the limit. For Heritage, post-revocation, NDIC liquidated assets—selling buildings, recovering loans, realizing investments—and paid a second ₦24.63 billion dividend on January 6.
“Anything above ₦5 million or ₦2 million depends on recoveries,” Sunday said, noting ongoing asset sales and debt chases.
Committee Chairman Ahmed Jaha Babawo commended the clarity, noting the limit rose from ₦500,000 to ₦5 million recently. Over 90% of Heritage depositors got insured sums in under four days, meeting International Resolution Deposit (IRD) standards.
Babawo added liquidation dividends would be discussed in executive session.
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