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MainOne Offers FirstBank Tech Startup Conference Connectivity

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MainOne, West Africa’s leading connectivity and data center Solutions Company, has been named the exclusive interconnectivity provider of the Tech Startup Conference hosted by First Bank of Nigeria.

First Bank is Nigeria’s leading financial services institution, themed “Let’s Talk Tech”, which took place recently at the Lagos Oriental Hotel, Lagos.

In a partnership targeted at delivering value to the organizers and participants, MainOne designed, installed and managed advanced Wi-Fi and Distributed Antenna System networks at the event venue, providing 155Mbps free data capacity throughout the facility and for dedicated live streaming of the event.

Attendees at the event leveraged MainOne’s unlimited access to the Internet during the event and took advantage of the opportunity to freely browse the Internet, conduct free downloads of documents and music, and conduct Skype calls via Wi-Fi-enabled laptops.

The organizers of the event also used the unlimited capacity to provide livestreaming to thousands of participants not physically present at the event.

The major operating systems used were Windows 7, Windows Vista, Nokia/Symbian, Windows XP, Mac OS X and Android OS. Data was also downloaded from a multitude of devices including iPhones and iPads, Blackberry devices, Samsung, Sony Ericsson and Android phones.

Speaking during the event, Babatunde Dada, MainOne’s chief financial officer, revealed that the company’s support for the Tech start-up community is predicated on its belief that start-ups are the engine of economic growth and the foundation for the industrialization process of any nation desiring rapid development.

He noted that MainOne’s support of the forum reiterates the organization’s confidence in the start-up industry and urged for support of Nigeria’s small businesses companies. Mr. Dada congratulated FirstBank on its support for Nigeria’s small businesses, stressing their pivotal role in national development.

According to him, “Over the years, FirstBank has displayed an unwavering commitment to the business success of SMEs in Nigeria with its cocktail of financial and non-financial products and bespoke solutions, specifically designed to help grow and sustain SMEs.

“You will recall that MainOne is a start-up itself, so it is easy for us to relate and to derive satisfaction from growing the start-up and small business ecosystems in Nigeria. We continue to provide them an enabling environment with services such as SME-in-a-Box, Cloud Services for small businesses and targeted sponsorships of the enterprise and technology ecosystems. This is the reason for our partnership with FirstBank on this SME forum”.

According to Dr. Adesola Adeduntan, managing director, First Bank of Nigeria Limited and subsidiaries, “as a nation builder, FirstBank is an enthusiastic follower and supporter of the new inventive energy spreading across Nigeria. We strongly believe that in the near future, these companies will employ a significantly sizeable portion of the labour force while making a healthy contribution to the Nation’s GDP. We will continue our culture of collaborating and supporting this community with the ultimate objective of creating a system that will foster strategic collaboration within the ecosystem so as to push growth rates in this sector into hyper drive”.

The Conference keynote address was delivered by Ibukun Awosika, chairman, First Bank of Nigeria Limited. She was joined by other speakers and panelists including KofoAkinkugbe of SecureID, Dr. Adesola Adeduntan, MD First Bank of Nigeria Limited and subsidiaries; Mr. Jason Njoku of IrokoTV, Mr. ObinnaEkezie of Wakanow and EbiAtawodi of UBER amongst a host of Tech entrepreneurs. In the first of its kind, the FirstBank Tech Startup conference is aimed at highlighting challenges and opportunities faced by small businesses and entrepreneurs.

 


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Beware of Fake Cerelac Products – NAFDAC

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National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

Beware of Fake Cerelac Products – NAFDAC

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.

It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.

NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).

Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.

NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.

It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.

According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.

“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.

“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.

The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.

It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.

NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.

It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.

The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.


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NITDA Strengthens Collaboration with NIPSS to Drive Digital Innovation, Orange Economy Growth

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The National Information Technology Development Agency (NITDA) has reinforced its commitment to advancing Nigeria’s digital transformation agenda through strengthened collaboration with key strategic institutions, as it hosted the Director General of the National Institute for Policy and Strategic Studies (NIPSS), Professor Ayo Omotayo, alongside participants of the Senior Executive Course (SEC) 48, 2026.

The visit, which builds on an earlier strategic study tour, provided a platform for in-depth engagement on the role of digital innovation in driving sustainable economic growth, with particular focus on the Orange Economy.

Representing the Director General of NITDA, Kashifu Inuwa CCIE, the Director of Stakeholder Management and Partnerships, Dr Aristotle Onumo, highlighted the Agency’s commitment to fostering a vibrant digital ecosystem through inclusive policies, strategic partnerships, and capacity development initiatives.

“NITDA is committed to creating an enabling environment where innovation can thrive by bringing together government, private sector, academia, and creatives to drive Nigeria’s digital economy,” he stated.

Inuwa underscored the growing importance of the Orange Economy, describing it as a critical driver of innovation and economic value through intellectual property. He identified sectors such as digital content creation, film, animation, and digital art as key contributors to national development.

“The Orange Economy represents a powerful opportunity to transform our rich cultural heritage and creativity into sustainable economic growth,” he noted.

He further highlighted Nigeria’s unique advantage, particularly its youthful and creative population, while calling for stronger collaboration among stakeholders to fully harness the sector’s potential.

“With our youthful population and rich cultural assets, Nigeria is well-positioned to become a global leader in the Orange Economy if we deepen collaboration and investment across the ecosystem,” he added.

During the engagement, NITDA also presented its strategic initiatives aimed at supporting the digital and creative sectors, including digital infrastructure development, promotion of digital literacy, and implementation of policies that enable startups and innovators to scale.

Addressing challenges facing the sector, Inuwa pointed to issues such as limited access to funding, infrastructure gaps, weak intellectual property protection, and ecosystem fragmentation, while emphasising the need for coordinated action.

“Addressing challenges such as funding gaps, infrastructure deficits, and intellectual property protection is critical to unlocking the full potential of Nigeria’s creative economy,” he said.

The Agency reiterated its target of achieving 70 per cent digital literacy by 2027, noting that ongoing programmes are equipping millions of Nigerians with essential digital skills, including those in underserved and informal sectors.

In his remark, Professor Omotayo described the visit as an important opportunity to deepen understanding of how digital technologies are reshaping economic sectors, particularly the creative industry. He noted that the insights gathered would contribute significantly to policy recommendations aimed at strengthening Nigeria’s economic framework.

Participants of the SEC 48 programme engaged actively during the session, raising questions on capacity development, access to tools, and frameworks for protecting digital content. NITDA highlighted its ongoing collaborations with industry stakeholders to provide training, innovation hubs, and access to digital tools for young Nigerians.

The engagement concluded with a renewed commitment from both NITDA and NIPSS to strengthen collaboration in research, policy development, and capacity building, aimed at positioning Nigeria as a globally competitive force in the digital and creative economy.

 


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NRS Takes Over Mineral Royalties Collection Under New Tax Laws

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Nigeria Revenue Service (NRS) has assumed responsibility for collecting mineral royalties from mining operators nationwide, following new tax laws effective January 1, 2026.

NRS Takes Over Mineral Royalties Collection Under New Tax Laws

NRS

The shift emerged from a Thursday meeting between Solid Minerals Development Minister Dele Alake and NRS Chairman Dr. Zacch Adedeji. Their joint statement, endorsed by both, confirms NRS now administers all federally collectible revenues, including royalties.

Enacted by President Bola Tinubu on June 26, 2025, the Nigeria Tax Laws 2025 empower this transition. The Ministry of Solid Minerals Development remains a key partner, supplying pricing data, geological insights, and sector coordination.

NRS Special Adviser Dare Adekanmbi’s statement outlines collaborative steps: a nationwide sensitization program for operators on filing and payments; development of a digital royalty system; and regular joint technical sessions to address issues.

Both agencies pledge orderly, transparent implementation to boost the mining sector. Operators must comply with obligations and join upcoming programs.

The move aims to streamline revenue collection while fostering mining growth.


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