General News
Nigeria Ripe but Not Ready for Cashless Transactions – Awe

Jide Awe is the chief executive officer of Jidaw Systems, a training, certification and career development company focused on fundamentals for building IT careers. Awe is also chairman, Publicity Committee of the Nigeria Computer Society (NCS). He has had over two decades experience in ICT and business management. Awe consults for both corporate and government clients and provides ICT content through various online, print and electronic media. He spoke to funmi ilesanmi on industry issues as well as the forthcoming 24th Annual Conference of the Nigeria Computer Society (NCS).
Jidaw Systems
Jidaw Systems is into training, consulting and web content provision. Basically, we are into human capital development in the IT industry. We develop people to get the skills that are necessary to grow the IT industry and also providing contents on the internet with a lot of things going on relating to IT for development while at the same time we also provide consultancy services to assist organizations and people that need to improve their performances through IT. Another area is development advisory, we advise countries and organizations that want to use IT to develop their skills, we advice them on how to go about it.
We also train secondary school students because we believe that these things should actually start from the schools. It is not something you should wait until you graduate from higher institution before you start acquiring the skills. A lot of pioneers in IT that created a lot of change were very young people. We tap into the creativity and energy of the young people and show them that this is something that can actually transform the world. Through this you can make money for yourself and also make an impact in the world. We are looking at young people but there is no real restriction. It is a question of desire and interest but the focus mainly is on young people.
Training Women and Girls in ICT
Look at the population, we have been into trainings for sometime and we have seen in seminars and training programmes that women do not attend as much as men. So we did our studies and found out that it is a general thing and we also understood why. We try to say some of these perceptions if we do not do anything about them, we will have a situation in which 50 per cent of the population might be excluded from what is going on technology wise. The argument we try to bring in is that those set of people you excluded, technology is actually harming them if they do not use it. We need to be entrepreneurs and leaders in technology, we should not just be consumers and so 50 per cent of the populace not being actively involved in technology means you are loosing them because there is prejudice and that is where we said there was a need to intervene in that area. It is not a question of men are better than women, it is a need. It is not a men’s affair alone because it is a profitable career for both men and women.
Dearth of ICT Manpower
I do not think on the whole Nigeria is doing enough to encourage development of manpower. A lot of things that are being done are private initiatives, so we still need to have a very proactive strategy and interventions because anything you want to grow, you have to actually make extra efforts in pushing it. I do not think we are doing that, everybody is just pushing their own private initiatives. Private initiatives depend on resources available to you, your ability to market and things like strategic ways of repositioning yourself not that government itself will actually put in money but there is a way it can facilitate things to make it easier. For example, making training courses cheaper and more available for students. Training providers are entrepreneurs, they are going to do what is profitable for them in the environment so if the environment is better, of course they too will respond.
Job Search
We do human capacity development training and we feel that part of what we needed to connect with training and development was to imbibe the skills. We have training in entrepreneurial and other job search skills. Apart from that, we started an initiative which I see a lot of people doing now, where we actually post jobs online. We get jobs from people who come for consultancy and from other sources, people have been trained in this programme and they are looking for people to employ. The initiative is to help solve part of our employment problem using the online environment. This is connected to seeing how we can use IT to create jobs.
Jidaw’s Annual Software Development Capacity Building
Essentially we do the software training on annual basis to promote software development though we are not known for software development, we have identified that software development is at the core of all IT innovations. Anything new coming through information technology is software driven. It is an area in which we can tap into the creative abilities of young people that are actually being wasted. A lot of young people focus more on things like entertainment and sports but we are saying that those young people can use their ideas and their energy in the area of software development because it is an area that offers so many opportunities both to the country in terms of employment and also for foreign exchange earnings. The start up is not really as high as in other businesses. It is an initiative of ours that we do annually to sensitize people and create awareness on the importance of software development.
Assessment of Software Development in Nigeria
I think there need for re-orientation and a change in how we do things. A lot of organisations invest more in foreign software. There still has to be something in the environment that will encourage people to patronize their own and to develop the quality because you cannot keep on giving the excuse that foreign software have better quality than local software, when are your local people going to meet up? In the knowledge economy, it is those high value areas that will give you sustainable development, not the consumption. A lot of what we do here especially when we are buying software is that we are consuming at the expense of developing our local industry. Software development is one of those critical areas that we can tap into. If we can tap into it, it will actually transform our economy.
Software Piracy
Piracy is a double edged sword in the sense that what makes piracy thrive is that we do not have the controls and at times we also look at it from the point that what are the kind of things we are focusing on. Piracy has a lot to do with proprietary software and we are not really doing enough to develop other types of software especially the open source which is not affected by piracy. When you do that and you do not have a strategic plan, you look at the kind of environment. This kind of software because of this population let us sell it at this rate. You have earning power and the ability to pirate is huge. Can you police piracy? Why it is blossoming is because it is available and affordable for a lot of people. Once you can block those areas and create an environment where it is not affordable, where it is not available, you bring down your own prices too. It is not a good thing. Someone took his time to write these programmes, it is intellectual property and someone without doing anything steals it and starts making money from it. We cannot just complain about it, we have to change the environment by doing something about it
Policing Consumers
Part of what we are looking at is that can some of these software providers actually look at the mass market in Nigerian and bring down their prices to have an available pricing for Nigerians so that by the time you compare their prices with the pirated version, you do not see why you should get the pirated version that might be infected by virus with no support base after purchase. That is part of what I mean by policing it and when you discover that piracy is going on, what actions do you take? You cannot go everywhere, that means you have to target particular places and heavy consumers of pirated products. Piracy is not good but its impact is more on heavy users.
Encouraging Nigerians to Transact Businesses Online
Buying online is cheaper. If you are in Ikeja, you do not need to go to Victoria Island to make a purchase. You can view what you need online and also order it online. We need to emphasize more on the security and threats to building more confidence. Building confidence aligns with what we are doing about cyber security. This is one of the things we are trying to push through the Nigerian Computer Society (NCS) to ensure that the Cyber Security Bill is passed. There is no legislation. Electronic transactions that are fraudulent can be traced and either merchants or consumers that are using the electronic environment fraudulently should be punished. Once people start seeing that it is effective, they will start using it. Assuming you are a merchant, you should give users the confidence and an environment of safety while they are using your portal or using your online shop. That is what I advice merchants to do. Generally the society itself needs legislations to back up some of these things and enforcement as well. It is not just a question of the laws being in place with no one to enforce it. The law must be enforced. It is not the IT professionals that will do that. The law enforcement agency doing the enforcement must also understand what it is enforcing because it is not physical security.
Cashless Policy
Nigeria is ripe but not ready for cashless transactions. You can never wait until you are ready because if you are going to wait until you are ready; you will keep on waiting and by the time you are ready, others would have moved on to another phase. It is something that is available now but definitely there are issues and rather than run from those issues we can confront those issues and deal with them properly. One is the issue of telecom infrastructure, issue of failure in connectivity. We have to address those issues but when are we going to address those issues if we do not address them now? How we can make it practical for users. You have to make it attractive and make users confident in it and feel that it is superior and make it more profitable for people.
Upcoming NCS 24th Annual Conference
The conference is called Cashless 2012 and it was agreed upon by the national executives of the NCS that one of the most critical issues facing Nigeria now is how we can use IT to drive development and our focus this year is the financial sector. The financial sector based on this cashless policy is heavily dependent on technology and as a responsible professional stakeholders association; we feel that we should raise the issues. It is not just for bankers, finance houses and people to discuss. What are the technical issues, what can provide the backbone for the national infrastructure. If there is no technology, there can be no cashless society. The Nigerian Communications Commission executive vice chairman will be there and he is going to tell us what NCC is doing to make sure that quality of service improves, the quality of telecom infrastructure improves because it is also the backbone of going cashless. We have people that are going to talk on security because some of the benefits of using IT is convenience, ease of use, speed at less cost but there are also associated threats. What are the responsibilities of we as IT professionals in the area of security, what are the responsibilities to make sure people are secured as they go cashless. It is not about pushing technology on people, how do you change the culture of people for them to be carried along.
We are also looking at the postal sector. That means the postal sector, not just Nipost must also be connected to the delivery of the service. We are looking at the implications of the postal sector on e-business so that at the end if the day, it is truly effective and those technology practitioners play their parts as well because we are the real backbone of cashless and that is why we are championing it.
General News
NCC to Curb SIM Fraud, Strengthen Digital Security with New Platform

Nigerian Communications Commission (NCC) has unveiled plans to introduce a Telecoms Identity Risk Management System (TIRMS) platform to tackle SIM-related fraud, strengthen digital security and boost confidence in Nigeria’s digital economy.

Aminu Maida, executive vice chairman of the commission, disclosed this on Thursday in Abuja at a stakeholders’ consultative forum on the proposed platform and planned regulatory changes.
Maida, represented by Rimini Makama, executive commissioner, Stakeholder Management, said the Mobile Station International Subscriber Directory Number (MSISDN), commonly known as SIM or mobile phone number, had become central to financial transactions, digital identity and access to services, but warned that its widespread use had also created vulnerabilities.
He noted that fraudulent activities linked to recycled, swapped, churned and barred SIMs had emerged as a major channel for identity theft and financial crimes, weakening trust in digital platforms.
He said, “The Mobile Station International Subscriber Directory Number commonly known as the SIM or mobile phone number has evolved into a critical identifier underpinning financial transactions, digital authentication, and access to essential services across all sectors of our economy.
“This evolution, however, has created new and challenging vulnerabilities. The fraudulent use of churned, recycled, swapped, and barred MISISDN’s has become a significant vector for financial fraud and identity theft, eroding public trust in our digital platforms and undermining the identity of systems we have worked hard to build.
“It is in direct response to these challenges that the Commission has initiated the Telecoms Identity Risk Management System Platform.”
According to him, the platform will enable service providers to verify mobile numbers flagged for suspicious or fraudulent activities before granting access, a move expected to reduce exposure to fraud and improve accountability.
He added that the system would enhance coordination among regulators, financial institutions and security agencies to build a more resilient digital ecosystem.
To support the rollout, the commission has proposed amendments to its Quality of Service Business Rules and the Registration of Communications Subscribers framework.
The proposed changes will require telecom operators to notify subscribers at least 14 days before recycling their lines and to upload details of churned numbers to the platform within seven days.
The amendments also introduce stricter provisions for blocking fraudulently registered or misused SIMs, aimed at improving transparency and protecting consumers.
Maida said the initiative reflects the commission’s commitment to collaboration and a whole-of-government approach to addressing digital risks, urging stakeholders to actively contribute to shaping the framework.
Also speaking, Olatokunbo Oyeleye, director of Cybersecurity and Internet Governance at the commission, emphasised the importance of trust in the digital economy.
“As rightly noted, digital trust is the operating licence of modern economy. Without it, nothing scales and with it everything accelerates. For our sector, this trust must be embedded across the entire value chain,” she said.
It was reported earlier that the NCC proposed that telecom operators must give subscribers a minimum of 14 days’ notice before deactivating their SIM cards over inactivity or post-paid churn.
The proposal was contained in a consultation paper titled Stakeholders Consultation Process for the Telecoms Identity Risks Management Platform, dated February 2026 and published on the Commission’s website.
Under the proposed amendments to the Quality-of-Service Business Rules, the NCC stated that “prior to churning of a post-paid line, the Operator shall send a notification to the affected subscriber through an alternative line or an email on the pending churning of his line.”
It added, “This notification shall be sent at least 14 days before the final date for the churn of the number.”
A similar provision was proposed for prepaid subscribers. The commission said, “prior to churning of a pre-paid line, the Operator shall send a notification to the affected subscriber through an alternative line or an email on the pending churning of his line,” stressing again that the notice “shall be sent at least 14 days before the final date for the churn of the number.”
General News
Kidnappers Now Use Banks to Collect Ransoms — Expert

Dr. Kabir Adamu, a security expert, has raised concern that kidnappers in Nigeria are now using banks to collect ransom payments.

Pix… CNBC
Adamu explained that in the past, kidnappers typically demanded cash payments for ransom.
However, there has been a noticeable shift to using mainstream banks for transactions.
Speaking on Arise News, Adamu, who is the CEO of Beacon Security and Intelligence Ltd, said this trend is worrying. In the past, kidnappers usually demanded cash, but now they are asking victims’ families to pay money through bank accounts.
He revealed that his team has tracked cases where ransom money was paid into bank accounts and successfully withdrawn.
Although he did not mention the banks involved, he said some progress is being made to address the issue.
Adamu explained that criminals previously used fintech platforms, but have now moved to traditional banks. This shift raises serious concerns about how well banks are monitoring transactions and following regulations.
He said Nigeria has improved its financial intelligence systems, especially after being removed from the Financial Action Task Force (FATF) gray list.
However, he noted that there are still weaknesses in how rules are enforced.
According to him, “A lot has been done in terms of policy, but there are still major gaps in operations and compliance.”
“We’ve monitored kidnapping for ransom cases where the ransom is being collected by formal banks,” Adamu said.
“My team and I were shocked when the ransom demand was made in a formal bank. It was paid and collected. I don’t want to mention the names of the two banks that were extremely guilty, but even for those two, progress is being made,” he said.
The security expert noted that although fintech platforms had previously been linked to ransom payments, criminals have now shifted their operations to traditional banking channels, raising significant concerns about compliance and oversight in the banking industry.
Adamu emphasized that this shift in tactics underscores the urgent need for stronger accountability measures and compliance standards within Nigeria’s financial institutions.
He also pointed out the challenges faced by regulatory bodies in fully addressing the issue, despite recent advancements in financial intelligence efforts.
“From the point of view of policy, a lot has been done, but from the point of view of operations, there is still a lot that remains to be done,” Adamu stated.
According to a report by SBM Intelligence, Nigeria’s kidnap-for-ransom crisis generated at least N2.57 billion for criminal groups between July 2024 and June 2025.
The report, titled “The Year Ahead at an Inflexion Point,” highlighted that despite kidnappers’ demands totaling N48 billion during the year, they only received N2.57 billion in actual payments.
General News
Stakeholders at Crisis Management Flagship Conference 2026 Call for AI-Driven Preparedness, National Coordination

CMC Connect LLP (Perception Consulting) convened the Crisis Management Advocacy Month Flagship Conference 2026 in Lagos, spotlighting the urgent need for artificial intelligence-driven strategies and more coordinated systems to address today’s rapidly evolving crisis landscape.

The conference, held at the Metropolitan Club, Lagos, brought together key stakeholders from government, industry, and the communications ecosystem under the theme, “Crisis Management in the AI Milieu: Fresh Threats, Smarter Responses.” Discussions throughout the event reinforced the need to shift from reactive crisis management to a more proactive, intelligence-led approach to preparedness.
In his welcome address, Yomi Badejo-Okusanya, Lead Partner at CMC Connect LLP, called for a fundamental repositioning of crisis management within organisational leadership. He noted that crisis management must move from the background to the centre of leadership, stressing the importance of anticipation, preparation, and decisive leadership in navigating crises. He described the conference as part of a broader movement aimed at redefining preparedness in an increasingly volatile environment.
Badejo-Okusanya also announced the launch of Crisis-X, an AI-driven crisis management platform developed by CMC Connect LLP, describing it as “built for speed, intelligence, and the demands of the current moment.”
“In the age of AI, a stitch in time doesn’t just save nine, it preserves reputation, leadership, and the trust that underpins both,” he added.
Delivering the keynote address, Bosun Tijani, Honourable Minister of Communications, Innovation and Digital Economy, highlighted the growing importance of data, technology, and coordinated systems in managing modern crises.
He emphasised the need for a forward-looking approach, stating that while crises are inevitable, responses can be shaped through preparedness. “With the right data and systems, organisations can move from reacting to crises to anticipating risks and managing them in real time,” he said.
A key highlight of the conference was the unveiling of the CMC Connect Crisis-X Intelligence Engine, an AI-powered platform designed to enhance how organisations detect, analyse, and respond to crises. The solution integrates real-time monitoring, sentiment analysis, strategic response planning, and recovery mechanisms. It also incorporates emotional intelligence capabilities to help organisations better interpret and respond to public sentiment during critical situations.
In addition, a Public Verification Portal was introduced to help combat misinformation by enabling organisations to validate and disseminate accurate information in real time, thereby safeguarding credibility and strengthening public trust.
Discussions at the conference reflected a shared concern about the speed and complexity of modern crises, particularly in an era shaped by digital platforms and artificial intelligence. Speakers noted that misinformation now spreads faster than institutional responses, placing credibility and trust at the centre of effective crisis management.
As one of the key observations from the sessions highlighted, “today, crises are faster than facts, louder than truth, and increasingly engineered,” reinforcing the urgency for organisations to adopt faster, more coordinated, and intelligence-driven responses.
As the conference drew to a close, participants collectively underscored the importance of embedding preparedness as a strategic priority. There was a shared commitment to leveraging innovation, collaboration, and responsible use of technology to navigate an increasingly complex risk environment.
In his goodwill message, Olalekan Fadolapo, Director General and Chief Executive Officer of the Advertising Regulatory Council of Nigeria, who represented the Honourable Minister of Information and National Orientation, Mohammed Idris Malagi, commended the Board and Management of CMC Connect LLP for its forward-thinking approach to crisis management.
He raised concerns about the growing misuse of artificial intelligence by unregulated content creators to spread misinformation and amplify negative narratives, urging stakeholders to deploy AI more responsibly in support of national development.
Dignitaries at the event also included Femi Olubanwo, Immediate Past President of Igbobi College Old Boys Association and Partner at Banwo & Ighodalo; Kunle Elebute, Immediate Past Chairman of KPMG Africa and current Chairman of CMC Connect LLP; and Bolajoko Bayo-Ajayi, the first female President and Chairman of Council of the Nigerian Institute of Marketing, among other distinguished guests.
The Crisis Management Advocacy Month Flagship Conference ultimately reinforced a central message, while crises are inevitable, organisations that invest in anticipation, intelligence, and coordinated response will be better positioned to protect trust and emerge stronger.
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