Connect with us

Telecom

NITDA Recommends Use of Big Data to Build Viable Digital Economy

Published

on

Mallam Kashifu Inuwa Abdullahi, director general, NITDA
Kindly share this post

Mallam Kashifu Inuwa Abdullahi, Director General of the National Information Technology Development Agency (NITDA) has said that building and harnessing of big data is a panacea for building a strong Digital Economy.

Mallam Inuwa Abdullahi disclosed this at the 2nd Nigeria Data Summit Theme: “Leveraging National Data for Nigeria’s Digital Economy Development” held (virtual) on Friday.

He explained that for the country to build a Digital Nigeria with a strong Digital Economy, we need a solid strategy for the exploration and management of our vital resource that drives Digital Nation and Digital Economy, which is data.

According to the NITDA Boss, “As we embarked on our journey to Digital Nigeria, we need to lay a strong foundation for its corresponding economy, the digital economy”.

Equally, the NITDA Director General, said that just as the physical natural resources are driven by oil, so also is data the primary resource that drives the digital economy.

He said, “The phrase “Data is the new oil” exposes certain similarities between data and oil.

“Just like oil, data needs refining before its actual value can be unlocked.

“Data also needs exploration and processing to extract its value or meaning significantly.

On the other hand, Mallam Inuwa Abdullahi said that there are some dis-similarities between data and oil, according to him, “while oil is a finite resource, data is infinite and reusable resource, it also has more varieties than oil, and can easily be moved and transported from one point to the other”.

He noted that several developed countries across the world are already using big-data for monetary and fiscal policy formulation, combating the Financing of Terrorism (CFT); crime prediction and prevention, national defence/security management; national planning and budgeting; together with disaster prevention and management, among others.

Mallam Inuwa Abdullahi further explained that the essence of the Data Summit was to help the country build a successful digital nation and a corresponding digital economy.

He further revealed that the outcome of the summit and other existing national data regulations, guidelines, standards, and policies will be leveraged to develop a solid national data exploration and management strategy for our digital landscape.

“Consequently, we are going to leverage the outcome of this summit and other existing national data regulations, guidelines, standards, and policies to develop a solid national data exploration and management strategy for our digital landscape.

“The strategy is aimed to achieve three objectives, to identify action items to transform the Nigerian big data landscape and help the government to develop the capabilities required for effective data exploration and management.

“To develop a comprehensive and time-bound roadmap of how we are going to explore and manage our big data.

“And to come up with an execution plan on how to close the gap between where we are currently and where we desire to be in the area of data exploration and management”.

Mallam Inuwa Abdullahi also submitted that the initiative is in line with President Muhammadu Buhari’s campaign promise in the area of Security, Economy, and Anti-corruption.

 


Kindly share this post

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

Elon Musk Launches XChat with Video Calling to Take on WhatsApp, Messenger

Published

on

Kindly share this post

Elon Musk’s X (formerly Twitter) has launched a new stand-alone messaging app on iOS devices, called XChat.

Elon Musk Launches XChat with Video Calling to Take on WhatsApp, Messenger

Elon Musk

This app will help users connect their existing X contacts for calling, chatting, and sharing files. This move shows how Musk’s previous idea of creating a single ‘everything app’ seems to shift to a different strategy now.

This newly launched app comes with features such as audio and video calling, text messaging, group chats, and file sharing.

Moreover, it features privacy-focused tools like disappearing messages, the option to delete and edit messages for everyone, and a feature that blocks screenshots.

Looking at these features, the XChat seems to take on WhatsApp and Messenger.

However, the tech firm said that the app has no tracking or ads.

In terms of privacy, X claimed that the instant messaging app is end-to-end encrypted and comes with a PIN.

This app is currently available to iOS users only, and more updates are expected in the near future, as teased by Benji Taylor, the X’s lead designer. The launch of this app reflects a shift in Musk’s strategy about turning X into an ‘everything’ app that will include payments, shopping, messaging, and more combined in one place.

However, the focus of xAI seems to be different now as the company seems to be developing several different apps instead of combining everything into one.

This approach may help X to reach users through their various services rather than a single platform.

While XChat focused on messaging currently, the tech firm is also reportedly testing a separate payments system, which is not available to the public so far.

More features and updates to the instant messaging app are likely to be arriving in the coming months as X continues to grow its ecosystem with more apps.

 

 


Kindly share this post
Continue Reading

Telecom

Globacom Unveils Two New TVCs Showcasing the Future of Connectivity

Published

on

Kindly share this post

Technology Company, ​Globacom has unveiled two vibrant television commercials, “Road Trip” and “Department of Imagination,” reinforcing the telecommunications giant’s dedication to providing seamless, reliable connectivity for every lifestyle.

​These engaging campaigns illustrate how Glo remains an essential partner in both our daily routines and our boldest future aspirations.

​​“Road Trip” captures a relatable family adventure filled with laughter and authentic moments. The story follows Toyin Abraham Ajeyemi as she experiences the frustration of poor signal—only to find that switching to Glo transforms the experience instantly. Whether it’s navigation, downloading content, or staying entertained, the difference is clear with Glo, which ensures you stay connected no matter where the road takes you.

Starring alongside Toyin Abraham Ajeyemi, the commercial featured Bolaji Ogunmola and others and their combination brought the best out of the TVC.

​Users can easily access data plans by dialling *312#, ensuring smooth, uninterrupted service on the go.

​Department, on the other hand transports viewers to a futuristic landscape where technology bridges the gap between creativity and reality.

Guided by the renowned Richard Mofe-Damijo (The Professor), the story explores how powerful ideas turn into extraordinary experiences. It showcases a smarter, more dynamic world—from real-time gaming to advanced culinary processes demonstrated by Hilda Baci and creative tech integration by Bamike Adenibuyan (Bam-Bam).

​The unique feature of the story is each scene serving as a testament to how Glo is actively shaping a future where technological possibilities are infinite.

​The Glo’s latest commercials carry a unified, powerful message: The future is here, and it is powered by Glo.


Kindly share this post
Continue Reading

Telecom

MTN-Backed Pitchathon Awards ₦45m to Startups @‘Gathering on 100’ in Lagos

Published

on

Kindly share this post

Young innovators and entrepreneurs from across Nigeria converged at the “Gathering on 100,” a 100-hour non-stop youth-focused experience powered by MTN, to showcase ideas, build networks, and compete for funding in a major startup pitch competition.

Pitchathon Awards ₦45m to Startups at ‘Gathering on 100’ in Lagos

Pitchathon

The event, described by organisers as a convergence of creators, founders, and culture shapers, featured a Pitchathon segment that awarded a total of ₦45 million to eight outstanding startups selected from 30 participants spanning sectors such as Artificial Intelligence, FinTech, HealthTech, EdTech, Internet of Things (IoT), AgriTech, DefenceTech, and CreativeTech.

The competition underscored what participants called a “Gen Z approach to business,” combining innovation, speed, and community-driven growth models.

At the end of the contest, Hurpham Africa, led by Sesan Kareem, emerged overall winner, securing ₦15 million alongside enterprise partnership and co-development access from MTN.

Coconoto Ltd, founded by Jacob Oluwayannife, clinched the second runner-up position with a prize of ₦10 million, while Rava Send, represented by Emmanuel Isaka, emerged third runner-up, receiving ₦5 million.

Five other startups — URI Social, Dulces Jams, Kindly Book, Africa Medical Marketplace, and MyFund — each received ₦3 million in recognition of their innovative solutions and growth potential.

Organisers said the initiative was designed not only to reward innovation but also to equip young founders with critical business skills through mentorship and real-time engagement with industry leaders.

The Pitchathon formed part of a broader industry showcase where emerging technology startups presented solutions aimed at deepening financial inclusion and accelerating e-commerce growth across Africa.

Among the presenters was a fintech platform led by Charles Dairo, which is focused on simplifying cross-border transactions. According to Dairo, the platform has recorded more than 10,000 user registrations, with about 30 per cent actively transacting.

He said the company is deploying a localized incentive system to drive user engagement and convert inactive users, noting that a referral programme already contributes roughly 15 per cent of organic growth.

The platform operates a 0.5 per cent transaction fee model and leverages strategic banking partnerships to ensure liquidity. It also integrates stablecoins such as USD Coin to enhance cross-border payment efficiency and expand interoperability across mobile money ecosystems.

Stakeholders noted that such innovations could help address long-standing challenges in Africa’s payments landscape, including high transaction costs and limited system integration.

In the e-commerce space, startups like Jakuta demonstrated the use of artificial intelligence to simplify purchasing decisions and improve operational efficiency.

The platform combines voice technology with mobile messaging tools such as WhatsApp to guide users through transactions, while also enabling device trade-ins through automated video analysis.

Developers said the system currently supports operations in about 20 countries and is capable of handling high volumes of daily interactions, including automated customer engagement processes.

They added that the solution automates routine merchant tasks such as inventory management and customer follow-ups, even in low-connectivity environments, thereby expanding access for small and medium-sized enterprises.

Founders also disclosed ongoing efforts to partner with telecommunications providers to reduce communication costs and scale adoption of their platforms.

Industry analysts at the event observed that many startups are increasingly prioritising customer lifetime value, reinvesting revenues into marketing, user acquisition, and product optimisation to build resilient and scalable business models.

They noted that such strategies are essential for navigating challenges including exchange rate volatility, infrastructure gaps, and regulatory complexities across African markets.

The “Gathering on 100” highlighted the growing influence of youth-led innovation in shaping Nigeria’s digital economy, with stakeholders expressing optimism that sustained collaboration between startups, financial institutions, and telecom operators would accelerate digital inclusion and unlock new economic opportunities.


Kindly share this post
Continue Reading

Trending