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Nigeria Marks 25th Anniversary of world Web with Affordable Internet Access

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An innovative and interactive new drive to empower affordable Internet access will today unite the Nigerian government as well as key members of the Nigerian ICT industry with technology leaders from across Africa and the rest of the world on the eve of the 25th anniversary of the Web.

25 years after Web inventor Sir Tim Berners-Lee submitted his proposal for the World Wide Web (March 12, 1989), the world’s broadest technology sector coalition, the Alliance for Affordable Internet (A4AI), is bringing together government ministers, technology innovators, researchers and campaigners to drive forward the policy change, dialogue and investment needed to put internet access in the hands of millions across Africa.

The forum will aim to consolidate support for, as well as build upon ongoing efforts to increase broadband penetration in Nigeria five-fold to 30 percent by 2018.

The Nigerian government has signed a Memorandum of Understanding with A4AI and participants at the forum include Mrs. Omobola Johnson, minister of Communication Technology.

The forum will also see the launch of a new multi-stakeholder coalition that will contribute to the development of policies intended to bring in a new era of widespread and affordable internet access.

As laid out in the recently published Nigerian National Broadband Plan, the existing challenges to greater Internet and broadband access in Nigeria will be tackled head-on by: Incentivizing the deployment of a national fiber optic network across the entire country; Developing a framework that ensures the potential benefits of open access and infrastructure sharing are realized.

Others are: addressing high cost points such as spectrum prices and the cost of physical attacks on infrastructure; and Increasing citizen awareness about the possible benefits of the internet and how to use it.

According to the World Bank, eighty-four percent of Nigerians live on less than two dollars per day and 63 percent live on less than $1.25 per day. A prepaid mobile broadband user subsisting on $2 per day who wanted to use 1GB of data per month would have to spend 22 percent of their monthly income to do so.

At present, one third of Nigerians use the Internet, up from 28 percent in 2011 and 24 percent in 2010. However, the broadband penetration rate is only 6 percent.

In Nigeria, fixed broadband currently costs 39 percent of average monthly income, with a 500MB pre-paid mobile broadband plan averaging 13 percent.

The Alliance for Affordable Internet and its 55 members, whose global sponsors are Google, Omidyar Network, the UK’s Department for International Development and the US Agency for International Development, will work hand-in-hand with the Nigerian government and sector stakeholders to support the Government in the implementation of its vision for affordable broadband access to all Nigerians.

Johnson said: “We welcome the opportunity to align ourselves with other forward looking governments and members of the Global ICT industry as well the ‘unified voice and coordinated focus’ that is represented by the A4AI. We are also extremely pleased to note the common approach to tackling the problems of providing ubiquitous, affordable access to the Internet for all Nigerian citizens as is represented by our recently launched Nigerian National Broadband Plan. We view this forum as extremely timely and a key part of our consolidating internal as well as external support for the changes needed to accelerate the needed improvements in our National Broadband network”.

Sonia Jorge, executive director of A4AI said: “On the 25th anniversary of the Web, we are working to unlock the power of the internet in Africa and place it in the hands of those for whom it remains out of reach. Nigeria is one of the fastest growing markets in Africa but overcoming the challenges to increased access will not be solved by a single solution or player. Through collaboration we need to create policy and regulatory environments that reduce cost structures for providers, users and potential users of the internet environments that stimulates investment, increase affordability and encourage internet use. In Nigeria, A4AI will be focusing on reaching rural communities and those living below the poverty line, so all Nigerian women and men can realize the benefits of the Web.”

Funke Opeke, CEO of Main One said: “Main One is delighted to see the Alliance focus on Nigeria with the launch here in October 2013, followed by this forum in Abuja today. We  are in agreement that the emphasis on collaboration and open access in Nigeria’s broadband plan will need to be actualized to ensure affordable internet delivery and look forward to working with other industry players and government to make the vision of affordable Internet a reality for all Nigerians.”

A4AI has grown rapidly as an coalition since its launch in October 2013, achieving a membership of over 50 organisations in just four months.

Global sponsors Google, Omidyar Network, the UK’s Department for International Development and the US Agency for International Development have been joined by a host of governments, technology companies and civil society organisations from developed and developing countries.

The group is co-ordinated by the World Wide Web Foundation, Sir Tim Berners-Lee, founded by Web inventor. 

It will work in a number of countries across Africa, Asia and Latin America, and has already signed a memorandum of understanding with the governments of Ghana and Nigeria.

A4AI is advocating for open, competitive and innovative broadband markets with a focus on achieving the UN Broadband Commission Broadband Target of entry-level broadband services priced at less than 5% of average monthly income.


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Access Bank Unveils DiamondXtra Season 16, Dangles N200m, 3 SUVs

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The sixteenth season of DiamondXtra, a savings and reward account where customers of Access Bank are rewarded with several prizes, have been unveiled in Lagos.

Access Bank Unveils DiamondXtra Season 16, Dangles N200m, 3 SUVs

 L – R : Doris Okpara, Product Manager, DiamondXtra; Ngozi Igboanugo, Regional sales Manager Festac 1&2 & mainland Access Bank; Bolarinwa Animashaun, Regional Sales Director Lagos 2 Access Bank ; Emeka Ezikeugo, Diamondxtra N200,000 Onsite winner; and Adaeze Ume, Head Consumer liabilities, Access Bank during the launch of Diamondxtra Season 16 held at Alaba International Market Lagos yesterday.

The Season 16th of the special interest yielding hybrid account which allows deposit of both cash and third-party cheques has been upgraded as customers will win prizes to the value of N200 million and three SUVs, amongs other mouthwatering prizes.

Speaking at the unveiling in Alaba International Market, Lagos, Mr Bolarinwa Animashaun, regional sales director, Lagos, said the new season will bring more goodies to the customers as the bank has taken their interest at heart.

“In the last fifteen years, we have been able to ensure customer loyalty, reward committed customers over time and show that we are a bank that is ready to empower people and partner with people.

“If I take it into specific figures, we have rewarded 26,696 customers and we’ve given a total sum of N6.5 billion over the period.

This Season16is interesting, because, we have seen a lot of opportunities to expand into digital opportunities and this time around, we will be rewarding 15,786 customers, and 10,000 of them will be digitally rewarded.

“This is almost half of what we have done over the last 15 years. So that is what is making it special. We have takenit into the possibilities of how technology can expand our business and reward customers”.

The draws for the new season are going to be the same like the previous ones as it will be held in different regions.

“So, we start from the monthly draws, quarterly draws and the annual draws. What makes it extremely interesting this year is that we will be rewarding with up to N200 million in prizes and we have added some very interesting gifts. We will be given out three SUVs as part of the N200 million price for this year”, Animashaun added.

At the unveiling, Access Bank conducted onsite draws where 48 customers who have DiamondXtra accounts and were present at the unveiling won cash prizes ranging from N20,000 to N200,000.

Breakdown shows 40 customers won N20,000 each, five customers won N50,000, two customers won N100,000, while one customer went home with N200,000.

Among winners of the N20,000 prize was Mr Victor Edobor, who said he opened the DiamondXtra accounts 24-hours before the draws.

One of the two winners of the N100,000 prize, Mrs. Maureen Nneka Oforka, said she was surprised to have won at the well-attended event as that was her first time winning any prize.

She said, “I have never won any prize in my life. This is my first. I came here reluctantly and thank God, I am here and I am a winner of N100,000 which has already been paid into my account.

The grand prize winner of N200,000, Mr. Emeka Ezikeugo, a trader in Alaba, said. “I will forever be grateful to Access Bank for the prize as I was not expecting it. I thank the bank for showing leadership among its peers”.

To be part of the winning train and qualify for the DiamondXtra season 16 which is open to both new and existing customers, new customers are required to open a DiamondXtra savings account with just N5,000 by dialling *901*5# or walking into one of our branches to open the account.

However, the more multiples of N5,000 both new and old customers save, the higher their chances of winning at the monthly, quarterly and annual draws.

DiamondXtra is an interest yielding hybrid account which allows deposit of both cash and third party cheques. Hybrid means a combination of both savings and current account features. The DiamondXtra reward scheme has given away over N6.5 billion in cash and household items to over 15,000 loyal customers over the last 15years.  Please click HERE to learn more.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


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Lafarge Africa Launches Girls-in-Tech Programme to Empower Women Innovators

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Recognising the underrepresentation of women in the technology sector, Lafarge Africa Plc, has launched the Girls in Tech Program, a pioneering initiative aimed at empowering young women in technology.

Meticulously crafted to bridge the gender gap in tech and empower 10 young females between the ages of 18-25 years from Lafarge Africa Host communities in Cross River State, the program is poised to make a significant impact in the region.

The Girls in Tech Program seeks to harness the unique talents of these young women and introduce them to the dynamic world of technology. By providing them with essential skills and opportunities, the initiative aspires to equip them to become self-reliant as well as problem solvers in society.

In collaboration with Aptech and Arena Multimedia,globally recognized leaders in technology incubation and opportunity, as well as The Bridge Leadership Foundation, the boot camp promises to be a transformative experience for the participating girls, who are eager to make their mark in the tech industry.

Speaking during the onboarding to flag-off in Calabar recently, the Plant Manager, Lafarge Africa Plc, Sotirios Valsamakis, who was represented by the Human Resources Business Partner, Lafarge Africa Plc; Barong Ita, revealed that the program was in line with the company’s commitment to diversity and inclusion.

She also added that the initiative is designed to ignite a spark of inspiration, hope, and possibilities in the heart of the selected girls across the host communities.

“As an organization, people are an integral part of our sustainability drive, and we are invested in building lasting progress by empowering members of our host communities. We also recognize the need for greater and greener diversity and inclusivity within the tech sector.”

Today’s event is not just about launching a program. It is about igniting a spark of inspiration, hope, and possibilities in the hearts of these young women. It is about challenging stereotypes.”

Also speaking at the event, the Cross Rivers State Commissioner for Science, Innovation & Technology, Justin Beshel represented by Edwin Adie, Technical Senior Advisor, Cross Rivers State Ministry of Science & Technology commended Lafarge Africa for the initiative adding that it is in line with the State government’s plan towards science, technology and innovation development.


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Hydrogen, CCHub Partner to Encourage Fintech Startup Success

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As the country faces economic challenges, the need for adaptive strategies in the fintech industry becomes paramount. In line with this, leading Fintech startup, Hydrogen Payment Services Limited (‘Hydrogen’), has teamed up with Co-creation Hub (‘CcHub’) to host an insightful event themed, ‘Adapting Fintech Business Models to Economic Climes’.

The event, set to take place on Thursday, April 18, 2024, from 12:00 WAT at the CcHub office in Sabo, Lagos, will delve deep into the intricacies of Nigeria’s economic challenges and how these influence the fintech ecosystem.

Participants will gain actionable insights on how to adapt fintech business models to volatile economic conditions by prioritising flexibility, agility, and customer-centricity.

This collaboration underscores the shared commitment of both entities to empower aspiring founders venturing into the Fintech space amidst economic uncertainties.

By leveraging their respective expertise and resources, Hydrogen and CcHub aim to equip emerging entrepreneurs with the knowledge, tools, and support needed to thrive in today’s dynamic economic conditions.

Emeka Awagu, Chief Technology Officer at Hydrogen, commented on the strategic partnership with CcHUB: “Our alliance with CcHUB amplifies our shared commitment to pioneering transformative solutions in Nigeria’s fintech sector.

“By leveraging Hydrogen’s technological expertise alongside CcHUB’s innovative approach, we are primed to set a new standard for fintech excellence and drive impactful change across the industry.”

The event will feature a distinguished panel of industry experts and thought leaders, including, Ina Alogwu, Group Director, Digital Transformation, ARM HoldCo; Emeka Awagu, Chief Technology Officer, Hydrogen, and Miracle Ezechi, Digital Marketing Manager, Hydrogen.

The panel discussion will be moderated to encourage an engaging and insightful conversation on the strategies and innovations required to thrive in Nigeria’s Fintech landscape amidst economic challenges.


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