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Local software Vs foreign software
It is for this reason that the Association of Telecommunications Companies of Nigeria (ATCON) recently held a Stakeholders’ Summit on "Nigerian Content Development in the ICT Sector" The event took place at the Golden Gate Chinese Restaurants, Ikoyi, Lagos.
ATCON organized the meeting because it was of the opinion that for the Information and Communication Technology (ICT) sector in Nigeria to develop and level up with leading ICT nations of the world, concerted efforts have to be made towards developing some amount of local contents both in the software and hardware components of ICT infrastructure. It also felt that our local ICT infrastructure providers should be granted some measure of protection against their multinational counterparts whose corporate strength and investment could pose serious threat to the survival of local players.
The Association believes that the establishment of an enabling environment will encourage existing and potential local investors to venture into the development of Nigerian content in our ICT sector. This will eventually register Nigeria in the league of global leaders in the ICT sector.
The summit elicited passionate reactions from experts and stakeholders that came for the event. Of particular reference was the open challenge thrown to foreign software developers by Dr. Chris Uwaje, Managing Director, Connect Technologies Limited to come for an open competition to determine who was better at the job. He was quite confident that Nigerian software developer would not be found wanting nor underdogs.
Experts say that the software industry in Nigeria is worth over 20 billion dollars and over a trillion dollars worldwide.
The industry generally exudes much optimism but there is a pervading air of disillusionment which developers blame on absence of government support for the industry.
Government has never indicated interest in the local industry and it only seems to be interested in IT consumption. The Nigerian computer society with over 15,000 memberships is a strong advocate of government investing in software development in Nigeria. They have also advocated for the establishment of a software research institute.
There are thousands of indigenous software in the Nigeria market but they all get swallowed up as foreign brands. Nigerian made software provide solutions for school management, cyber café management, human resources, banking and micro-finance, the stock market and many other areas of human endeavours. Though a few have enjoyed patronage in the banking sector, stock market, and micro finance institutions. However, they still suffer discriminations when compared to that of their foreign counterparts even as foreign software is still dominant in the market.
Those from abroad get the lion share while local software are still lagging behind.
Foreign solutions practically dominate corporate Nigeria, particularly the banking and oil sector where IT has been remarkably integrated into their operations. Where local applications are in use, they are built into the architecture of the foreign solution as one of several modules. For instance, where the module for personal management of the offshore package does not fit into the local environment, it is replaced with a locally written module that reflects the unique traits of the local business environment.
Several banks in Nigeria are guilty of this practice. This means that the local developers are perpetually relegated to the background while their foreign counterparts take the driver’s seat of the national economy. Our local developers are never part of the major software platform, which drives the economy.
Though, there are areas where local software developers need to improve on their products, as many industry analysts say most local developers are yet to realise that software is both research and business. This is because they lack commitment to the business angle of software development. Also, they complain that most local software is not user friendly as the graphical user interface are not there.
They also complain that some software applications are difficult to understand when compared to those from say India, China or some western countries.
They submitted that developers must know that it is not always how good the software is that matters but how it can easily be understood and used.
Mr. Austin Okere, Group Managing Director, Computer Warehouse Group (CWG) once told his audience at a software forum organised in Lagos that local software developers are either unwilling to run the distance to keep to global standards or they are just being lazy to make their products global. He maintained that there are standards that must be reached if they want their solutions to compete favourably with foreign brands.
"Software has no tribe or race, the man who wants solutions would go for what can solve his problems,"he said.
Others believe that the mortality rate of local solutions is very high. Be that as it may, there are many who believe that there are some local solutions which could compete favourably with their counterparts from anywhere in the world.
Many believe that if our local software developers are encouraged, they would do better that they are doing presently. This is because many Nigerian developers lack the fund and necessary support. Some because of the socio-economic factors in the country are more concerned with their physiological needs than with the exigencies of their profession.
Though, the government have in the past pretended to be doing much to encourage the local software industry but industry watchers see these as just a flash in the pan. For instance, in 2004, the government inaugurated a 16 member task force for the development of software in Nigeria as part of its IT policy implementation strategies, an IT park worth N2 billion to be financed by Zenith bank was also promised. However, four years on, this project is yet to take off. To put it more succinctly, it is as good as gone with the administration that proposed it.
The 16 member committee was to among other things develop a blue print or strategies for promoting software development in the country and creating an enabling environment for software development to thrive in the country. This too still remains a dream which in the typical Nigerian parlance is still in the pipeline.
Dr. Chris Nwannenna, former president, Nigeria Computer Society (NCS) speaking on the challenge confronting software developers in Nigeria, said lack of patronage was one of the greatest problems confronting the industry in Nigeria. "It is only in the last couple of years that Nigerians started patronising the software industry in Nigeria. Software is quite unlike other products. You conceive the product, do the analysis, design, code, package, test, before you even present it to anybody. All these will take a minimum of six months to develop a total commercial appreciation. Sometimes, it takes more. Also, marketing it becomes very difficult because of the economic situation in the country. So all these things discourage people from going into software development. The gestation period is quite long. Also, you need somebody to back up. You need support, so you can concentrate on the job.
He continued: "We have always said that the government can promote the private sector to become more effective. Well, government should come out open to say before any Nigerian agency, ministry or government institution buys any software from outside Nigeria; it must make sure that there is no indigenous equivalent. That will be the first step that will galvanise the Nigerian software industry. This will serve as an impetus to the local software industry.
"We want a clause that will make it difficult for any buyer of software to just purchase anything they see or hear about outside Nigeria without first checking what is available locally. Because you know Nigerians have a penchant for foreign things even when they are not good.
Perhaps if the government at all levels will heed to these wise words of an expert in the industry that as it were has seen it all. The software industry in Nigeria maybe on its way out of the woods and the practitioners may just get a new lease of life that may help them in their line of duty.
It is on record that the Nigerian Information and Communications Technology (ICT) sector has continued to grow beyond bookmakers’ predictions. However, despite the high number of ICT professionals in Nigeria, adequate attention has not been given to the issue of developing and building local contents.
News
Kaspersky Discovers Infostealers Mimicking Claude Code, OpenClaw and Other AI Developer Tools

In March 2026, Kaspersky Threat Research has identified a new malicious campaign targeted at developers looking for installation instructions for Claude Code, a development agent created by Anthropic. When searching for “Claude Code download”, sponsored advertisements appear at the top of the search results.

One of these ads redirects users to a malicious webpage that closely imitates the official installation documentation for Claude Code. As a result, users are tricked into installing malware which harvests sensitive information including credentials, crypto wallet data, browser sessions, and other confidential files. Similar malicious campaigns mimic other popular AI tools, including OpenClaw.
The fake documentation page is visually identical to the legitimate one and is hosted on the website-building and hosting platform Squarespace. Because the page precisely copies the original instructions, users may not notice the difference when copying and executing installation commands.
However, instead of installing the developer tool, the commands deliver malware to the victim’s system. Depending on the operating system, the malicious commands deploy different infostealers:
. Windows systems receive Amatera, an information-stealing malware that collects data from user directories, web browsers, and cryptocurrency wallets before sending the stolen information to a remote server. Amatera has previously been observed in campaigns using the ClickFix distribution technique and is operated under a Malware-as-a-Service (MaaS) model.
. macOS systems receive AMOS, another infostealer previously documented in several malware campaigns targeting Apple devices. It has been described by Kaspersky before.
Kaspersky researchers also identified similar malicious campaigns targeting other popular AI tools, including OpenClaw and Doubao. Using the same approach, attackers registered multiple domains and distributed files containing the Amatera infostealer while disguising them as legitimate downloads for these tools.
“The campaign poses significant risks because AI development tools such as Claude Code and OpenClaw are widely used not only by hobbyists and automation enthusiasts but also by professional developers working in large organisations.
If infected, victims may unknowingly expose source code from active projects, confidential corporate data, authentication credentials, and private accounts. This makes such campaigns particularly dangerous for businesses whose developers rely on AI-assisted coding tools,” comments Vladimir Gursky, cybersecurity expert at Kaspersky.
In December 2025, Kaspersky detected that attackers spread a macOS infostealer using Google Ads. A specially generated chat interface designed to resemble a ChatGPT tutorial pretended to guide users through installing the Atlas Browser. The malicious instructions appeared to be hosted on a legitimate site associated with OpenAI, helping attackers gain users’ trust.
News
Breaking…….Nigerian Firms Pledge Millions, Create UK Jobs

Hundreds of new jobs are set to be created as Nigerian banks, fintech innovators and creative industry businesses scale up their operations in Britain.

UK-Nigeria
The move will see millions invested, reinforcing the UK’s position as a leading global business hub, backed by world‑class talent, strong access to capital, and a stable regulatory environment – while showcasing Nigeria’s expanding role as a key source of innovation and investment into the UK, growing both economies.
UK’s Twinings Ovaltine has launched a £24 million manufacturing facility in Lagos, its first in Africa, creating over 100 direct jobs and boosting the company’s exports across West Africa.
It comes as the President of the Federal Republic of Nigeria, Mr. Bola Ahmed Tinubu, accompanied by the First Lady, Mrs. Oluremi Tinubu, are set to commence an historic State Visit on Wednesday [tomorrow, 18th March], strengthening the UK’s position as a global hub for African business.
Thanks to the UK’s Trade and Industrial Strategies – combined with commitments made through the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP) – the government is attracting investment into key growth sectors including financial services, technology, education and advanced manufacturing.
The Deputy Prime Minister held an ETIP reception yesterday at Kensington Palace, bringing together 180 senior representatives from government and industry to celebrate the breadth, depth, and continued growth of our trade relationship across priority sectors including financial services, education, creative industries, infrastructure and technology. The UK’s Trade Envoy to Nigeria, Florence Eshalomi, also addressed the group.
Business and Trade Secretary Peter Kyle said: “The UK and Nigeria share a belief in the power of enterprise, innovation and education to transform lives, and today’s commitments show exactly that. With Nigerian firms creating jobs across the UK and British businesses expanding into one of the world’s fastest growing markets, our partnership is strengthening both economies and delivering real benefits for people in both countries.”
Deputy Prime Minister David Lammy said: “The UK and Nigeria’s Strategic Partnership is bringing momentum and opportunity to innovators in both our countries.
“We are reducing barriers, creating jobs and opening new pathways for growth. Growth is the core mission of this government, and it underpins our relationship with Nigeria.
“I am deeply proud that the cultural and commercial bonds between our nations are thriving and that both our businesses and people are feeling the benefits of that.”
Zenith Bank, one of Nigeria’s largest financial institutions, opens its Manchester branch today [Tuesday 17 March] with the capacity to create up to 30 new direct jobs in a boost for the Northwest economy.
The bank is also exploring a 2027 London Stock Exchange listing to deepen its UK market presence and unlock long-term funding for UK-Africa growth.
Fidelity Bank’s acquisition and rebrand of Union Bank UK into FidBank UK with plans to double its 62‑person workforce in 2026 and add new capital, while the Fidelity Group makes London its global hub.
FCMB has also selected the UK as the first international destination for its digital cross border payments platform, boosting trade and investment flows between Africa and the rest of the world. Seven Nigerian banks now operate in the UK, supporting at least 1,000 jobs in total.
Dame Dr. Adaora Umeoji OON, Group Managing Director/CEO, Zenith Bank PLC said: “The United Kingdom remains a key global financial centre.
“The opening of Zenith Bank, Manchester, therefore, marks another important milestone in our international expansion strategy, enabling us to deepen relationships with our customers, support trade and investments, and connect businesses between Africa and the UK more effectively.”
Nigerian fintech investment is also accelerating rapidly:
- LemFi will invest £100 million over the next five years as it designates London its global headquarters.
- Moniepoint plans to grow its London based team to 100 employees in 2026, building the infrastructure that supports millions of African users worldwide.
- Kuda Bank is strengthening its UK headquarters as the base for global expansion and plans to double its UK footprint in 2026.
The UK’s reputation as a global creative capital also continues to deepen ties through:
- EbonyLife, one of Nigeria’s leading creative industry brands, will launch EbonyLife Place London, creating up to 40 new jobs and strengthening the UK’s role as a home for African storytelling and creative talent.
- The SCALE Creative Entrepreneur Award Programme, developed by the British Council and supported by the Department for Business and Trade, will support young Nigerian and UK creative entrepreneurs to grow internationally and build lasting ties to benefit both the UK and Nigerian creative economies.’
- The UK Advertising Exports Group will announce a strategic partnership with the Nigerian advertising sector. This will include a UK-Nigeria Advertising Summit taking place later this year and a talent exchange scheme which will deepen bilateral engagement.
- The British Council and the Federal Ministry of Art, Culture, Tourism and Creative Economy in Nigeria, will deliver the UK/Nigeria Season of Culture in 2028, involving a range of innovative initiatives and events designed by UK and Nigeria creative organisations.
- A Creative Industries Roundtable at Lancaster House will bring together alumni, Chevening scholars and creative leaders from both countries.
The following British businesses are also set to benefit thanks to:
- Twining’s Ovaltine launching a £24 million manufacturing facility in Lagos, its first in Africa, creating over 100 direct jobs and boosting the company’s exports across West Africa.
- British fintech Wise will receive approval for its first Nigerian licence, enabling it to expand in a remittances market valued at up to £39.9 million.
- The Nigeria Sovereign Investment Authority (NSIA), which was set up with UK Support in 2011, has signed an agreement with Asset Green Ltd to explore a largescale integrated dairy project that will strengthen Nigeria’s dairy value chain, reduce reliance on imports and improve nutrition.
Leading UK universities are also expanding into Nigeria, helping train the next generation of Nigerian and British scientists, technologists and innovators. Nigeria is a key education partner and a priority country for the UK’s International Education Strategy.
- The University of Birmingham and the University of Lagos have signed a new agreement to deliver programmes in Applied AI, Digital Communications and Global Surgery.
- The LSE has launched a new Data Science partnership with Nile University of Nigeria alongside the University of the West of England opening a dedicated office in Lagos.
- Wellington College International Lagos will open in 2027, offering places for 1,500 students – becoming one of West Africa’s flagship British curriculum schools.
- EStars, a UK‑owned educational esports and technology company, will partner with the Lagos State Ministry of Basic and Secondary Education to deliver esports‑based digital learning programmes to around three million students.
News
Elumelu Tags Elon Musk, Disowns AI-Generated Scam Video

Tony Elumelu, Nigerian businessman and philanthropist, has warned about the growing dangers of artificial intelligence misuse after an AI-generated video falsely showed him promoting a forex and cryptocurrency trading platform.

Tony Elumelu,
The founder of Tony Elumelu Foundation revealed this in a post on his X account on Monday, explaining that the video appeared highly convincing but was entirely fabricated.
In the post, he also tagged Elon Musk, X owner, and Nigeria’s Federal Ministry of Communications, Innovation and Digital Economy while calling for stronger safeguards against the misuse of artificial intelligence.
“A few days ago, my team flagged an AI-generated video of me endorsing a forex and crypto platform.
“It looked and sounded remarkably real, but it was completely fake. This incident highlights a growing and serious threat to digital trust,” he wrote.
He stressed that he has no affiliation with any cryptocurrency or foreign exchange trading platforms.
“For the avoidance of doubt, I am not associated with any crypto or forex trading platforms.
“My commitment to inclusive prosperity has always been through long-term investments, building sustainable businesses, and empowering entrepreneurs,” he said.
While acknowledging the transformative potential of artificial intelligence, Elumelu urged African youths to embrace the technology responsibly and use it to develop scalable solutions.
“I strongly believe in the potential of AI. It is a defining technology of our time, and African youth must be at the forefront of adopting it to build scalable solutions. We cannot afford to be left behind in the global tech race,” he added.
The business leader, however, warned that rapid technological advancement also presents risks if not properly regulated.
“But the flip side of rapid innovation is the risk of abuse. The ease with which identities can now be cloned to deceive the public is alarming.
“Policymakers and regulators must act now to establish safeguards and hold those using it to scam innocent people accountable,” he said.
Elumelu also urged the public to remain vigilant and protect themselves from digital fraud.
“We must create a safe digital environment where true innovation can thrive without being overshadowed by fraud. Protect your hard-earned money, stay alert, and let us continue to build the Africa we deserve,” he said.
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