E-Business
NCS Urges FG to Tap into $45Bn Cybersecurity Market

Nigeria Computer Society (NCS), umbrella body for all information technology practitioners in Nigeria, in its advocacy capacity, has called on the government at all levels in Nigeria, to tap into the opportunities in the multi-billion dollar cybersecurity market in Africa.

The association made this plea in a communiqué issued at the end of its second Stakeholders’ Forum on Cybersecurity held at the National Open University of Nigeria (NOUN) in Abuja, recently.
The society also called on the federal government to harness local talents to tame the tide of attacks which have been on increase in the recent times.
Speaking on this, Mr Adesina Sodiya, president of NCS, said the Africa (& Middle East) cybersecurity market will be valued at about $45 billion within the next two years, noting that this presents Nigeria with huge opportunities to create jobs and leverage experts’ skills to become cyber-battle ready.
“The Nigerian society is advised to key into the sector and generate jobs. There is also currently a shortfall of 2.3 billion jobs in cybersecurity. So, Nigeria needs to produce cybersecurity experts.
“Since it was established, NCS has been strategic in its advice to members, governments, other competent authorities and the public, on national and international policy matters affecting the computing, information and systems technology industry.
“Consequent upon the foregoing, the Nigeria Computer Society has observed that cyberattacks in Nigeria today is on the increase,” the President said.
Mr Sodiya explained that the observation was based on current local and international reports.
“Individuals, governments, and corporate organizations are losing a huge sum of money and properties due to cyberattacks. Threat techniques are continually changing, and attacks are getting more sophisticated by the day, it is believed that this trend will continue if nothing is done,” he said.
He expressed NCS’s commitment to IT development in Nigeria which informed the forum geared towards addressing the factors mitigating efficient use of IT for leapfrogging development.
Meanwhile, the forum resolved among other things; that due to the impact of COVID-19 on health sector cybersecurity space, the government should include the health sector infrastructure in the list of critical national infrastructure and there should be a deliberate effort to come up with programs to build the capacity of young Nigerians in the field of cybersecurity hence government needs to invest in catching the young ones.
“There is a need for the government to train more of our youths on ethical hacking and how to use historical data through the help of artificial intelligence to fight cybercrime. These pieces of training should be either academic or vocational.
“The government should ensure that all organisations have a security policy in place. Chief Executive Officers should be trained to identify the sensitive data used in their organisations,” it disclosed.
It was also recommended that cybersecurity training should also be included at the Basic education level; “the pieces of training should be made interesting for example the training can be in form of games for kids to help develop their interest.
“There is a need to develop our own internal resources and technology to store our sensitive data as a nation. NITDA should enforce the use of .gov emails in all government agencies for security reasons.
“There should be enhanced enforcement of the Nigerian Data Protection Regulation (NDPR) laws. Chief Executives who violate the laws should be sanctioned.
“The Computer Registration Council of Nigeria should look at ways to develop professional certifications for Nigerians locally. This will save the cost of Professionals getting it internationally.
“The government and private sector should take cybersecurity awareness to the grassroots to enlighten the underserved and rural people. This can be done via radio jingles, cartoons, traditional dance, billboards, and media houses,” the group said.
The NCS Forum also suggested that government should introduce internet monitoring, to blacklist fraudulent sites and fake news sites, among other recommendations.
The NCS was established in 1978 and has over 10,000 professional members across the country and over five hundred thousand student members in the higher institutions, universities, polytechnics, colleges of education, and other accredited computer training centres in Nigeria.
E-Business
FG Unveils ePharmacy Platform to Regulate Digital Pharmaceutical Services

Federal government has inaugurated the Electronic Pharmacy Regulation Platform (E-Pharmacy) to enhance the safety of online healthcare services.

Pic credit….healthreporters.info
The platform, championed by the Pharmacy Council of Nigeria (PCN), is designed to regulate digital pharmaceutical services and improve public health outcomes.
Inaugurating the platform, Prof. Ali Pate, coordinating minister of Health and Social Welfare, said the initiative signified Nigeria’s commitment to building a world-class regulatory environment.
Pate noted that pharmacy regulation had faced significant challenges for over three decades but expressed optimism that the new platform would strengthen oversight and accountability.
He said the initiative would enable evidence-based monitoring of pharmaceutical practices while supporting innovation and investment in the health sector.
“This launch is a testament to our collective commitment to advancing technology in the service of health, safety and human dignity.
“It is a decisive step to ensure that pharmaceutical practice in Nigeria aligns with national and global health priorities, reflecting the realities of the 21st century.
“It enables the country to adopt evidence-based approaches to monitoring and protecting public health while supporting innovation and investment,” he said.
The minister added that the platform would help establish a safe, accessible and well-regulated national e-pharmacy ecosystem driven by digital technology.
Earlier, Alhaji Ibrahim Ahmed, registrar/chief executive officer of PCN, said the need to regulate online pharmacy operations became more urgent during the COVID-19 pandemic.
Ahmed said the pandemic accelerated the adoption of digital tools and e-commerce in healthcare, exposing longstanding inefficiencies in pharmaceutical supply chains, particularly in Africa and Nigeria.
“This has led to the increasing adoption of digitised distribution of essential medicines through cost-effective and technology-enabled models.
“For decades, PCN has regulated pharmacy education, training, practice and business in Nigeria. However, as the world shifts towards digital solutions, access to medicines has evolved.
“The Electronic Pharmacy Regulations 2026 provide a comprehensive legal and technical framework for the registration, licensing, operation and oversight of digital pharmaceutical services,” he said.
He added that the framework would ensure that ethical standards and patient safety are not compromised in the delivery of online pharmaceutical services.
E-Business
Flutterwave Targets Anambra as South-East Tech Hub

Olugbenga Agboola, CEO, Flutterwave, has announced plans to establish Anambra State as the company’s hub for Nigeria’s South East, leveraging a fresh banking license from the Central Bank of Nigeria (CBN) to boost local fintech and businesses.

Flutterwave
Agboola made the disclosure yesterday in Awka during a meeting with Anambra tech community leaders, hosted alongside Dr. Stanley Uzochukwu, CEO, Stanel Group and proprietor, Delborough Hotel.
He highlighted Flutterwave’s status as Africa’s leading payment system, born in Nigeria, with infrastructure powering companies nationwide.
“We want Anambra to be our hub for the entire South East,” Agboola said. “We’ll deploy our systems, fees, infrastructure, and POS terminals to every small business and large firm here, making our services the top consumer choice.”
Agboola pledged a massive impact program for Anambra entrepreneurs to foster global platforms from the state, enabled by the new license for faster growth.
For a decade, Flutterwave has facilitated payments, but now aims to empower South East businesses through partnerships, POS access, loans, and value for SMEs.
“We’re partnering on a huge impact program launching soon—impacting the tech community with technology, financing, and lending to create more millionaires from this city,” he added.
E-Business
NESREA, ACMTI, Others Launch Carbon Utilisation Initiative in Nigeria

The National Environmental Standards and Regulations Enforcement Agency (NESREA), in collaboration with the Africa Carbon Management Technology & Innovation (ACMTI) and the Clean Energy Ministerial Carbon Capture, Utilisation and Storage Initiative (CEM-CCUS), has launched a Carbon Capture, Utilisation and Storage (CCUS) Initiative Platform in Nigeria.

Speaking at the launch in Port Harcourt, Rivers State, Prof. Innocent Barikor, the Director-General of NESREA, described the project as a major milestone in Nigeria’s journey toward environmental sustainability, climate resilience, and industrial transformation.
Barikor explained that the CCUS solution provides an economically viable pathway for industrial decarbonisation by enabling the capture, storage, and utilisation of carbon in sectors such as beverage production, cement manufacturing, chemicals and fuels, enhanced oil recovery, and agriculture.
“We need to reduce carbon in the atmosphere to acceptable levels. Its utilisation offers opportunities to capture and store carbon and deploy it for industrial purposes. We are building a circular economy—turning environmental challenges into economic opportunities in line with regulatory provisions,” he said.
He noted that the CCUS Platform is a collaborative ecosystem designed to bring together key stakeholders, including government institutions, industry leaders, academia, technology developers, development partners, and investors.
Also speaking, the Vice-Chancellor of the University of Port Harcourt, Prof. Owunari Georgewill, commended NESREA for the initiative, describing it as a practical mechanism for coordination, innovation, and action toward Nigeria’s 2035 climate targets and broader energy transition goals.
He added that the university is well-positioned to host the CCUS initiative, noting that its Energy Technology Institute has developed credible expertise in energy transition-related fields critical to the success of CCUS in Nigeria.
On his part, the Coordinator of ACMTI and Facilitator of the Carbon Technology Innovation Platform (CTIP), Dr. Richard Victor Osu, said the vision is to position Nigeria as a regional leader in carbon management technologies while contributing meaningfully to Africa’s climate commitments and global decarbonisation efforts.
Osu explained that Port Harcourt was selected due to its potential as a CCUS hub, adding that the platform will focus on advancing research and innovation, building technical capacity, promoting public-private partnerships, attracting investment, and fostering collaboration with international research and technology partners.
Juho Lipponen of the CEM-CCUS Initiative assured that the organisation would support Nigeria in prioritising CCUS in clean energy discussions, strengthening carbon management deployment programmes, boosting partnerships, facilitating financing solutions, and promoting positive narratives around carbon utilisation.
The event attracted participants from the United States, France, Brazil, Canada, the United Arab Emirates, and the United Kingdom, who shared insights on the initiative.
Also in attendance were representatives of the National Oil Spill Detection and Response Agency (NOSDRA), the National Council on Climate Change (NCCC), the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), the Rivers State Ministry of Environment, as well as private sector stakeholders and development partners.
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