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ICT is Fast Becoming A Way of Life – Nnoruka

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Nnamdi Nnoruka, chief executive officer, IT & C Networks Limited
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Nnamdi Nnoruka is the chief executive officer of IT & C Networks Limited, a leading distributor and supplier of MSI Computers range of products in Nigeria and West Africa. Nnoruka has had multifaceted exposure to technology having started as an Air force Pilot. In the course of going through the officer cadre, he got exposed to various forms of management training courses. He is also a lawyer by profession. Before moving on to the ICT space, Nnoruka went to the London Business School where he bagged a Post Graduate Degree in business management and strategy. He spoke to funmi ilesanmi.

Internet Connectivity in Nigeria Then and Now
Well, not much has changed from when I started because quality bandwidth still remains a very scarce and expensive commodity in Nigeria as at now. Most of the satellites in orbit are facing away from where we are; only very few have good footprints in sub-Saharan Africa. That is why there is not much to choose from, you have to work with particular satellite bandwidth providers to be able to deliver home form of bandwidth and quite often because it’s scarce and very expensive because demand is very high, they are not meeting up with the demand so the price keeps going up. That is why these things are very expensive and that is why very good quality bandwidth is also very scarce. That is as at now but the good news is that all these is about to change. With the arrival on the scene of players like MainOne and Glo1, obviously by the time they have really rolled out, which will happen definitely in the next couple of months, the story will be totally different. I am not saying they will solve all the problems, I am not saying all of a sudden we would be like anywhere else in the world like Europe and the entire East Asia but we would improve tremendously to the betterment of everybody.
As we speak, it is still very problematic. One of the things that has changed though from when we were trying to provide the services and now is that the big boys like MTN, Globacom and so on have to into the internet service provision space and that has made it very difficult for smaller players like us to continue even in doing what we were trying to do because due to economy of scale, there is no way we can match the big players in terms of pricing and possibly quality of service. This made internet more ubiquitous than it was but still the quality is still lacking and the pricing is still comparable to what it was then but now that MainOne and Glo 1 are in the picture, we are looking forward to a drastic change. We are hoping that we would see a very significant price drop, people should be able to pay N5,000 in a month and get very decent bandwidth on a 24 hour basis.
Patronage of Obsolete Products        
A lot has happened in that area with people like us coming into the field with a brand like MSI that was not too well known in Nigeria. MSI has been in Nigeria for a long time but MSI being the manufacturer of very good quality PCs have always been known for their mother boards, VGA cards and other components. A couple of years back they made a strategic decision to go ahead and manufacture their own personal computers so now they have a very wide range of fantastic laptops, netbooks and all in one PCs. They also have other products- they have servers and so on. One thing is very clear; they are of very good quality and good pricing. Keeping the pricing within the affordable limit is what has been driving us, otherwise their products are premium products and because they are premium products they tend to be highly priced. A friend of mine who is one of our resellers traveled to Dubai recently and apparently a PC that we normally give to him at N50,000, he saw it there and they gave it to him at $420. He called me and was screaming literarily on the phone and I am not pretending about this; that is to tell you what we are trying to do. What we have done is that we are not driven by excessive profits. I am not telling you that we are not trying to make profit, we are trying to run a business naturally the business that should sustain itself, pay salaries and all that and also for us to get something out of but the ultimate thing we want to do is to make very good quality and affordable PCs available to members of the public. We are not the only one doing this, a whole lot of other players have come into the field and because of our activities pre-existing players have taken a clue and they have come down with their pricing in order to compete with us. The net effect of what we have done is that we have brought down the prices of good quality PCs, desktops, laptops and all that.
Hopefully, we will continue to drive down these prices but you know there is a limitation because the components are generally controlled by monopolies in the world. I mean at least 80 percent of the chips, the processors are produced by Intel and everybody buys them. About the same percentage of operating systems are produced by Microsoft so everybody must buy from Microsoft. That kind of practice puts a limit to what we can do but in the next couple of months we are coming with something that would literarily place a laptop in the hands of every school child at lesser prices.  This is what we are working on and we will continue to do what we are learning to do better now.
Expansion Plans
Basically, we are distributors. What we are mainly concerned with is bringing our range of products and making them available to members of the public through our resellers. We are not set up as a reseller. What you are seeing here is just for you to have an idea of the range of what we have but we are not hoping that if we are looking to sell here, then we would not be here, we would be on the high street with well appointed shops and well decorated places where people would want to come in and buy. We are not set up as resellers, we are basically distributors.
What we may look forward to doing in future might be to open a reselling outlet but why I am not too hot on doing that immediately is that I do no want to compete with my customers, my customers are the resellers. People walk in here and talk to me, we are still in the process of trying to make people know the brand and the only way we can do that is to put these things in the hands of people and get them to use and experience the MSI brand. If an individual walk in here, he or she will still be able to buy but that is not what we are set up to do. What we are set up to do is to make ourselves available to our customers so that our customers who are resellers will be able to buy maybe 50 units, 100 units to sell. Again, you know the internet is everywhere, if you go to www.itcafrica.com, you will see a range of our products an0.d we have put prices there. The reason is for it to guide our resellers. If you to a MSI reseller and you say that the price of this is this, by this we try to control the price. We are in business to deliver to people at affordable prices and for us to achieve that we have to impress it on our resellers as well. If you already know that the price of a U130 is N55,000 and our reseller tells you it is N60,000, you will tell him no, that the price is N55,000. If he fails to sell it to you, you come to us, we will give it to you at that price, which is why we have put our prices transparently on the internet so everybody can see. Also, our address is there so any reseller that is serious to do business with us at least for the first time will come here. Subsequently, we can know where he is or have other arrangements of moving the goods to him so we don’t have to be everywhere.
Support
Another aspect to our business is to provide technical support. Having brought the goods in, it is also our responsibility to make sure that when our resellers sell to end users, the end users get good value for their money. So if you bought our system that has a year warranty for instance and two months into use you suddenly realize that the power is not good enough or the scene is not working, not that you allowed it to fall or you allowed it to get damaged physically, then naturally the warranty kicks in and we are the people to provide that warranty support to you ultimately. 
Training for Resellers
We have tried to institute training for our resellers at least pricing. We held the first one sometime towards the end of May and during this type of session, we bring in resource persons to talk to them and tell them about what the computer is basically all about. We also talk to them about our mindset, about our orientation, our values and our culture. Why we do things the way we do them so that they would understand the IT & C Networks Limited framework. What is driving us is making ICT available to people so that this can change the way we do things. We also try to make them feel part of the passion that we feel as to what we do. We believe that MSI is a very good brand and we are passionate about it. MSI is one of the biggest brands whose owners do their own manufacturing which others do not. MSI maintains a standard, they have control over their schedules and conduct very extensive research and development and that is why if you point to any of the MSI brand, I will tell you something unique about it. There is always something very unique about it because they do their own production and are always moving with time. 
Challenges in Distributing the MSI Brand
Very serious challenges I must tell you. The fact that the MSI brand is relatively new, most people have not heard about. It is a new brand coming into an environment that is already dominated by the better known brands, that is number one. Number two is the fact that ICT is still at the infant stage in Nigeria and as a result users are not yet discerning. Whereas if they were discerning, they would know the features they are looking for in the PCs that we have but they do not know. Government does it, corporates do it and of course the average Nigerian does it.
Impact of Economic Meltdown on Volume of Business
It has affected it adversely. The rate of uptakes of ICT slowed down definitely. A lot of people who desired to purchase laptops, PCs and so on cannot do so because disposable income has shrunk and people are more concerned about basics needs like food, shelter, school fees, then they can now start talking about computers. But you know something, ICT is fast becoming a way of life and most people have discovered that this is no longer a luxury. Though there has been a slow down but then this is something that is becoming increasing inevitable that everybody must have access to his or her own computer.

IT & C Networks Limited
IT & C Networks Limited was incorporated in 2004 for the purpose of carrying out the business of ICT generally. That came about when I was at the London Business School. It became clear to me that that would be the way to go. I saw ICT as a way of bridging the yearning and growing gap in terms of infrastructural development between Nigeria and the rest of the developed world. I saw ICT as a means of bridging that gap and I decided that whatever happens, I was going to play in that space so I went ahead and incorporated the company. We started business towards the end of 2005 in Abuja and then we were providing internet access to people. The aim of doing so was that most people could not have access to decent internet connections, we bring bulk internet and give it to people at affordable prices. In doing that we went into partnership with a Canadian company called Omni-globe and we started running services in Abuja. We met a whole lot of challenges because I was coming from the angle of an entrepreneur and I wasn’t an ICT professional in that sense. Obviously, I had to learn on the job so we made a lot of mistakes, a lot of them very costly mistakes. We had a whole lot of challenges trying to cope with technologies involved in the lastmile delivery of internet services. I must tell you that we did do a lot, we achieved a lot, I also learnt a lot in that process. First of all, I realized that one of the major barriers to people having access to internet was access to personal computers, unfettered access to personal computers. It was so bad then that people resulted to buying used and dumped PCs, laptops being shipped in by very unscrupulous Nigerians and foreigners from all over the world and been sold to people at very exorbitant prices. People were parting with their monies and not getting good values for them. I saw that as a very big challenge and at some point, I realised that this was a major problem, I identified it and decided to address it. In the course of trying to do that, I got in touch with MSI and we agreed to partner to bring in quality PCs and make them available to Nigerians at affordable prices.
Again, one of the areas that I saw where we could make a lot of impact is in the educational sector because people have to acquire the capacity to use ICT to change the way things are done in Nigeria and to bring about that bridging of the gap I mentioned. From the scratch, we realized that for children of priviledged people who constitute not less than five percent of the entire society, they go to schools where they have access to these things, the rest of the children do not have access to these so, that portends a lot of problems in the future and we decided that we are going to make a lot of emphasis on the educational sector. We tried to provide internet access and we try to deal particularly with the educational sector where we think we can make a whole lot of difference.
Again, we corporate with ICT giants like Microsoft, Intel and so on to bring in very affordable solutions to government and other agencies involved in the delivery of education. That is what IT & C is all about.


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NiDCOM Launches Diaspora Startup Challenge to Boost Nigerian Talent

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The Nigerians in Diaspora Commission (NiDCOM) has sought to harness the innovation and expertise of Nigerians across the globe with the launch of the Connected Diaspora x DOWA Start-Up Challenge and the Connected Diaspora Flagship Event 2025.

Speaking at a news conference in Lagos, Abike Dabiri-Erewa, Chairman/CEO of NiDCOM, described the initiatives as timely and transformative, noting that they are strategically designed to tap into the creativity, enterprise and professional strength of Nigerians in the diaspora.

She said the Start-Up Challenge, themed “Building, Breaking and Believing in Nigeria,” aims to energise innovators abroad by promoting knowledge transfer, enterprise development and strategic investment to support Nigeria’s rapidly expanding economy.

According to a statement by NiDCOM, the challenge, which offers cash prizes of up to ₦1 million, is targeted at spotlighting exceptional ideas and supporting impactful ventures created by Nigerians living overseas.

According to Dabiri-Erewa, the initiative aligns with the Federal Government’s overarching goal of engaging the diaspora community as key partners in national progress.

She further announced that the Connected Diaspora Flagship Event will take place on December 19, 2025, in Lagos, and will bring together entrepreneurs, policymakers, investors, technology leaders and strategic partners for critical discussions on Nigeria’s future.

Kadiri Hamzat, Deputy Governor of Lagos State, will serve as the Special Guest of Honour and is expected to speak on the importance of collaboration between government and the diaspora in accelerating development.

NiDCOM also revealed that notable contributors from the global diaspora community and Nigeria’s entrepreneurship ecosystem will enrich the sessions and help shape new pathways for meaningful engagement.

Dabiri-Erewa said their support remains invaluable in driving the success of the initiative. She emphasized that their continued collaboration helps unlock the potential of Nigeria’s global talent pool and fosters sustainable economic growth.

The Commission called on stakeholders across both the public and private sectors to support the initiative, stressing that the opportunities for innovation, collaboration and nation-building are immense.

NiDCOM urged young Nigerians and diaspora returnees to participate actively in the Start-Up Challenge, reminding them that entries close on December 12, 2025.

The December event will also feature a Diaspora Talent Career and Internship Fair, aimed at connecting diaspora returnees with internship opportunities offered by DOWA partner organisations.

NiDCOM said the fair will further strengthen talent exchange and deepen the country’s development capacity.

The programme timeline includes the opening of applications for the Start-Up Challenge from November 18 to December 12, followed by public voting on Instagram from December 13 to 17.

The winner will be announced on December 18, ahead of the final presentation at the JK Randle Centre in Lagos on December 19.

NiDCOM encouraged interested participants to follow the provided registration details and take advantage of the platform created to connect, innovate and contribute to national advancement.


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PromoPrint Rekindles Nigerian Resilience @ 25th Anniversary

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L-r; Dr. Chukwuka Monye, Founder, Ciuci Consulting; Mrs. Bola Adesola, Chairman, Ecobank Nigeria; Mrs. Patricia Ojora, CEO PromoPrint Ventures Ltd and Mr Jonny Baxter, British Deputy High Commisioner at the 25th anniversary of PromoPrint Ventures held in Lagos recently.
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Indigenous printing company, PromoPrint Ventures Ltd, celebrated 25 years of operations in the country on Tuesday 2nd December, at an event held at the Lagos Motor Boat Club in Lagos.

The evening saw business executives, clients and stakeholders in the printing space gathered to attest to the dexterity and Nigerian resilience demonstrated by Mrs. Patricia Ojora, the Founder and Chief Executive of the company in sustaining the growth of PromoPrint over the last 25 years.

Amongst many things on display that evening were PromoPrints very first t-shirt printed in the year 2000. Guests also cheerfully adorned custom-made patterns done by Promoprint on our indigenous cotton fabric (Funtau).

In her opening remarks, Mrs. Patricia Ojora recalled the past 25 years of operation in Nigeria at the helm of PromoPrint. While not easy, she says:

“We’ve been able to do it and we enjoy it. There’s nothing better than creation. To create something from nothing and do it so well, it’s a passion for me. It’s something that I really, value.  I’m a great supporter of Nigeria, so I believe that we should be able to do things well in Nigeria. We don’t need to always import, that’s why we’re doing this today, to be able to collaborate with people. Most of the people here are people we’ve collaborated with and have worked hard to build Nigeria back up”.

She recounts how she was able to change the narrative of many Nigerians that were printing outside of the country who are now printing with PromoPrint Ventures. “People used to print outside the country because they didn’t trust the quality that was here in Nigeria,” Patricia explains with an understanding that “we can produce good quality here within Nigeria.”

The company is a one-stop shop for all things printing with all operations happening in-house, from the expertise of crafting graphics and garment production to the t-shirts, roller banners, corporate gifts and more being rolled out on a daily basis. “What we are selling is peace of mind in a chaotic place.” Patricia says, with nearly three decades of successful operations and collaboration under her belt.

Significantly, she makes sure the company remains primed for the future, using AI and the like to remain progressive in strategy and implementation. Patricia proudly states, “Our automated printing carousel can churn out 10,000 tees a day if needed and our many corporate clients can attest to this.”

In attendance was Atedo Peterside (CON), Founder, Stanbic IBTC Bank Plc, one of many guests in the room who spoke to PromoPrints impact. “There’s something about longevity,” he shares with the crowd, “If you’ve kept the business going for 10 years, I always tell people, it means you’re doing something right. If you get it going for 20 years, you’re doing something very correct. Patricia must be doing something phenomenally right and it’s my sincere hope that she keeps it going, keep building, keep innovating.”

“Patricia can create almost everything,” Peterside remarks, “she has the courage, audacity and the commitment.”

Mrs. Ibukun Awosika, Nigerian businesswoman and the first female Chairperson of First Bank of Nigeria, contextualises the tenacity of Patricia’s efforts rather well. She reminds the room that “when you think of how many big multinationals who have so much that protects them, who have a lot of support systems internationally and locally, who gave up on Nigerian manufacturing, then you have to go back and think about those of us like Patricia.”

Even after 25 years, Nigeria remains in need of more Entrepreneurs, particularly those like Patricia, to boost the SME and manufacturing industry in the country despite the odds. “She didn’t give up,” Awosika says in admiration.

“What is key is that, when we celebrate the likes of Patricia and her company, we know without a doubt that it’s not just because they want to have a celebration. It’s because, in truth, the Nigerian entrepreneur is a star, and even more so, the Nigerian manufacturer.” Awosika concludes.

So, we celebrate Mrs. Ojora and her PPV entire team, and all that has gone into 25 years of hard work, commitment, creativity, we also recognise the passion that does not allow you to give up on the vision, the commitment to not only creating jobs for other Nigerians but creating value within Nigeria. The commitment to innovating a solution for every challenge and every situation. Indeed, it was a worthy celebration.


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Optimus AI LABS CEO Showcases AI Breakthroughs in Nigeria’s Financial Sector

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Mr. Lanre Basamta, Chief Executive Officer and Co-Founder of Optimus AI LABS, has unveiled a suite of artificial intelligence innovations poised to transform Nigeria’s financial services industry, aligning with recent Central Bank of Nigeria (CBN) directives on consumer protection and fraud prevention.

Optimus AI LABS CEO Showcases AI Breakthroughs in Nigeria’s Financial Sector

Mr. Lanre Basamta, Chief Executive Officer and Co-Founder of Optimus AI LABS

Basamta, speaking at a media parley in Lagos, said the company’s flagship product, Omnis, is redefining customer engagement in banking by serving as a virtual assistant embedded within mobile applications.

According to him, the platform is capable of analyzing customer behavior to recommend tailored financial products, effectively functioning as a “digital salesperson” that boosts bank revenues while enhancing customer experience.

He noted that Optimus AI LABS, which began as a modest startup targeting small businesses such as schools, has now identified greater opportunities in serving banks, fintechs, and microfinance institutions.

“The financial sector presents the biggest opportunity for AI to deliver value at scale,” Basamta said.

In response to rising fraud concerns and new CBN regulations mandating resolution of fraud cases within 14 days, Basamta highlighted the company’s AI-powered support platform designed to address customer frustrations over delayed assistance.

The system, he explained, interacts naturally with users, resolves issues promptly, and escalates unresolved cases, thereby strengthening compliance and improving customer satisfaction.

Basamta also recounted the firm’s global expansion, citing its work with Canadian clients, including the development of a dental learning environment for a major dental group.

He said this international footprint demonstrates Nigeria’s capacity to compete globally through homegrown innovation.

Reflecting on the company’s relocation into office space formerly occupied by KUDA, a fast-rising Nigerian fintech, Basamta expressed optimism that Optimus AI LABS is on a similar trajectory toward scaling into a major industry player.

He emphasized that the company’s growth would contribute not only to technological advancement but also to national development.

Basamta concluded by appreciating partners and stakeholders, stressing that “big things can emerge from small beginnings when powered by AI’s transformative capabilities.”


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