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Telecom

NIS 2020 Holds Virtual Edition, Focuses on Innovation in Critical Times

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Nigeria Innovation Week, a one-week long event that brings together stakeholders from different sectors of Nigeria’s economy, is set to hold from Tuesday, October 6, 2020 to Thursday October 8, 2020 with a focus on ‘Innovating in Critical Times’.

The week is packed with several activities like innovation exhibitions, Nigeria Innovation Summit, Nigeria Innovation Awards, and the yearly report of the State of Innovation in Nigeria.

At the event, ideas, trends, opportunities around technology, innovation, and entrepreneurship development in Nigeria are discussed.

Speaking about the event, Kenneth Omeruo, lead convener and founder of InnovationHub Africa & Resources Limited, said that innovation in the 21st century is putting nations ahead of others.

According to Omeruo, Nigeria Innovation Week is a week set aside to showcase innovative businesses, ideas, products and services from Nigeria.

“It also reviews the state of innovation in Nigeria, where we are today and how we can move forward.

“Participation in this week-long event is opened to local and international businesses, organisations, government agencies, start-ups, entrepreneurs, research centres, tertiary institutions, and all the stakeholders in the innovation ecosystem”, he said.

Omeruo said the event will also showcase innovative businesses, ideas, products and services from Nigeria.
“The state of innovation in Nigeria is also reviewed to understand its position and how it can be improved”.

Also speaking, Tony Ajah, programmes director, said the summit receives delegates from local and international businesses, organisations, government agencies, states and representatives, embassies and high commissions, investors, CEOs, start-ups, entrepreneurs, research centres, tertiary institutions, business leaders/decision makers, and all the stakeholders in the innovation ecosystem.

“This year has been tough for businesses but companies that are innovative see opportunities in most crisis.

“Nigeria Innovation Week 2020 will feature innovation showcases and exhibitions, keynote presentations on emerging technologies and their industry application, panel discussions, innovation management Insights as well as workshops, networking and awards.

He listed programmes during the week-long virtual event as follows:
“Tuesday, October 6, 2020 there will innovation showcase and exhibitions from innovation hubs, and research centres with solutions for industrial applications, adoption and commercialisation.

“We have also planned that on Wednesday, October 7, 2020 there will be innovation showcase and exhibitions from tertiary institutions from the 36 States of the federation, government agencies, and international organisations.

“The Nigeria Innovation Summit and the Nigeria Innovation Awards will hold on Thursday, October 8, 2020”.

Speaking on why corporate organisations and individuals should participate, Ajah said: “The event benefits each participating key player in the innovation ecosystem from government institutions, states and agencies to businesses and organisations, academic and research centers as well as start-ups and young entrepreneurs”.

Interested participants are enjoined to register here.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Telecom

4 Dead, 20 Others Injured as Fire Engulfs Cairo Data Centre

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Four people have been killed, with over 20 injured after a fire at Cairo data centre disrupted telecom services nationwide.

4 Dead, 20 Others Injured as Fire Engulfs Cairo Data Centre

A fire at a major Telecom Egypt facility in Cairo on Monday has left four workers dead and at least 22 others injured, plunging parts of the capital into a communications crisis.

According to Hossam Abdel Ghaffar, spokesperson for Egypt’s Health Ministry, most injuries were due to smoke inhalation.

The blaze, which broke out at a key data centre operated by Telecom Egypt, the country’s primary fixed-line and internet provider, was brought under control later that day.

However, it caused widespread disruptions, halting phone services, affecting internet connectivity, and even interfering with digital banking operations.

Internet monitoring group NetBlocks reported that national connectivity dropped to just 62% of normal levels following the incident.

Residents across Cairo struggled with poor network access, and banks—although already closed for the day—reported interruptions in ATM services and online transactions.

In a statement on Tuesday, Telecom Egypt mourned the loss of its employees and pledged support to their families.

Amr Talaat, Egypt’s minister of Communications and Information Technology,  assured the public that service restoration was underway and expected to be completed within 24 hours.

To address the disruption, the Health Ministry released alternative emergency contact numbers across Egypt’s governorates, in case its primary ambulance hotline remained unreachable.

The state-run MENA news agency reported that the fire was prevented from engulfing the entire building and nearby rooftops, thanks to the efforts of emergency responders.

A preliminary investigation suggests the fire was likely triggered by an electrical short circuit, according to a security source cited by MENA.

As the nation works to restore full connectivity, the incident has raised fresh concerns about the vulnerability of critical infrastructure and the need for enhanced fire safety protocols in sensitive tech facilities.

 

 

 

 

 

 

 


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Globalcom Thrills Subscribers with 3 New Digital Products

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Tech faints, Globalcom, on Tuesday unveiled three exciting digital products aimed at rewarding customers. The products, Animation World Promo, Treasure Spin and Sport Brain, also provide subscribers with the opportunity to play and win instant prizes.

Globalcom in a statement in Lagos said that the company is dedicated to providing value-added service to its ever-growing customers.

The first digital product, which is Animation World Promo, is an innovative trivia-based service aimed at challenging customers culinary knowledge of Nigerian food. With it, subscribers engage in answering food related questions, earn points and win delicious prizes.

For Treasure Spin, customers are availed the digital treasure spin experience. With each spin Glo subscribers stand a chance to win instant prizes, making every participation exciting and rewarding.

In addition, Globalcom captures the heart of football lovers with Sport Brain. Subscribers are allowed to predict football scores in matches across top leagues all around the world. Customers get to select their preferred leagues. “It’s a fun and competitive way for football lovers to test their instincts and knowledge,” the company noted.

Customers who subscribe to any of the three services stand a chance to win fantastic daily, weekly, and monthly prizes. Every day, 20 participants will receive ₦1,000 cash, ₦1,000 airtime, and 3.5GB data. On a weekly basis, five lucky winners will walk away with ₦100,000 each, while one grand prize winner will receive ₦1 million every month.

To participate, customers are required to dial *13055*2# for Animation World Promo,*13199*3# for Treasure Spin and  *13199*2# for Sport Brain. Each plan can be activated either as a one-time purchase or Auto Renewal.

Globacom further explained that all products are available at an affordable subscription rate of ₦100 for a daily plan, ₦300 for weekly plan and ₦500 for monthly plan.

In concluding, the company disclosed that the services are available to all Glo prepaid and postpaid subscribers nationwide.

 


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SiBAN Applauds Interstellar’s Groundbreaking Role in Africa’s Blockchain Future

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The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN) has lauded Interstellar, one of its prominent members, for spearheading a major breakthrough in Africa’s financial technology space.

This follows Interstellar’s strategic partnership with the Pan-African Payment and Settlement System (PAPSS) to roll out the PAPSS African Currency Marketplace (PACM), a blockchain-based platform designed to address the continent’s long-standing currency inconvertibility challenge.

The initiative is already being hailed as a game-changer capable of eliminating the $5 billion annual trade friction currently plaguing intra-African commerce.

According to SiBAN President, Mr Obinna Iwuno, the development affirms Nigeria’s leadership in blockchain innovation, stating that Interstellar’s PACM is not only a technological feat but also a timely response to the African Continental Free Trade Area (AfCFTA) mandate of seamless and cost-effective regional trade.

PACM operates on STARGATE, a blockchain-agnostic system developed by Interstellar, and leverages the Bantu blockchain network to facilitate real-time, peer-to-peer exchanges of African currencies.

The solution ensures financial inclusion by allowing businesses, SMEs, and informal traders to transact in local currencies without relying on foreign intermediaries, all while maintaining regulatory compliance.

Mr Ernest Mbenkum, CEO of Interstellar, described the solution as Africa’s roadmap to financial sovereignty. “Blockchain is not just innovation; it is empowerment,” he said.

SiBAN reaffirmed its commitment to supporting policies and partnerships that promote secure, transparent, and inclusive digital economies.

The association further called on stakeholders in government and the private sector to prioritise blockchain adoption as a driver of national development.


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