E-Business
#nitec2016 To Promote Need For Ethical Hacking In Nigeria

Team Hacking Battles is one of the scheduled interesting side attractions at Nigeria International Technology Exhibition & Conference (NITEC 2016 @nitecevent) holding at the Civic Centre, Ozumba Mbadiwe, Victoria Island between 23rd and 24th of June.
The Organiser intimated that there will be exhibitions of new tech products, team hacking battles and a variety of tech-related games, as well as airtime-winning games using Rafflecopter.com.
Apparently, information technology experts have every reason to be concerned about ‘hacking’ in this environment. Recall, erstwhile President Goodluck Jonathan, in May 2015 signed the cybercrime bill into law. Both individuals and corporations now appreciate the fact, inspite the irregularities in the document, cybercrime is defined and legal consequences are attached to any defiance of this law.
But, Deloitte reported that 2015 was an incredible year for cybersecurity in Nigeria; re-echoed in Federal Government’s seemly hapless cry of estimated annual cost of cybercrime to 0.08 per cent of the country’s Gross Domestic Products (GDP), which represents about N127 billion. President Mohammad Buhari led government do not actually have multiple options with regards how to checkmate this economic sabotage, aside swift implementation of the cyberlaw and re-tooling by way of developing young, talented and cyber-savvy youths to represent our cyber-warriors.
Well, at the start of last year, Deloitte’s annual forecast of Nigeria’s cybersecurity landscape included forecasts that the likelihood of cybersecurity issues were expected to reduce towards the last quarter of the year due to the successful implementation of the Bank Verification Number (BVN) exercise; an initiative powered by the Central Bank of Nigeria (CBN).
As predicted, Chairman of the Nigeria Electronic Fraud Forum (NEFF) who is also Director, Banking and Payment System Department, CBN; Mr. Dipo Fatokun, reported during the forum’s annual dinner that, the loss arising from electronic payment fraud had fallen by 63% and there had been a reduction of 45.98% in attempted online fraud by the end of 2015 as against the beginning of the same year, thanks to the successful implementation of the BVN; a commendable initiative implemented to secure Nigeria’s payment system in 2015.
Nevertheless, Deloitte sported another ‘leprous hand’, because, the 2015 forecast also indicated “higher risk of current and former employees or contractors resorting to cybercrime as a means to maintain their standard of living. During the course of the year, forensic specialists were kept busy (hopefully with pockets full) as several companies had to engage digital forensic specialists to investigate cybercrime perpetrated by various suspects who are largely made up of employees and former employees of the victim organizations”.
In 2015 the national dailies published several screaming headlines on allegations of hacking attempts on the websites of public institutions and political parties. Hope we still recall the reported hack and de-facing of the Independent National Electoral Commission (INEC) website in March 2015 and also that of the Lagos state government in December 2015; the Nigerian Army website and host of others.
We are now been warned by Deloitte perhaps, “2015 segued into 2016 and the cybersecurity journey of hacks, attacks and triumphs still continue”. A country like China trains no less than a hundred high-skilled ethical hackers who join the ‘national defence’ team against external aggressions. Whether we like it or not, international economical and political supremacy battles are shifting to the internet.
The solution lies in developing local hacktivism and recognition of Nigerian Hackers. So, #nitec2016 is in line with the call for “more focus on the growth of local home grown hackers”, where “both ethical and unethical sects will gain more recognition”.
It has not been all bad for Nigeria, as two Nigerian teams represented Africa at the 2015 Global Cyberlympics Finals Competition; a worldwide international hacking competition to increase education and ethics in information security.
Thus, @nitecevent understands the imperative of projecting Nigeria as a hub of the best cyber defense team in Africa, because Western style hack attempts by terrorists will continue to grow in Nigeria and the Africa at large, but local hacktivists should position the ethical players to take it a notch higher to make hack attempts on government and private institution infrastructures a herculean task for both internal and external invaders.
Therefore, there is every need to both private and public sectors and the international technology community give #nitec2016 deserved support in re-engineering the African technological ecosystem for greater impact on the continent’s GDP.
Likewise, through plenary sessions and exhibitions the worth of our technology system will be showcased to thousands of attendees; exhibition booth (2 days); placement of brand logo on event brochure and website; complimentary wifi, place web banners and share branded gifts at booths.
And the renowned speakers will spark deepened conversation and help through up new innovations that will help Nigeria and indeed, Africa, on digitization. See You There!
E-Business
Wakanow Acquires Nairabox, Digital Ticketing and Events Platform

Wakanow Group, one of Africa’s leading travel technology companies, has acquired Nairabox, a fast-growing Nigerian platform for digital ticketing, events, and lifestyle experiences.
In a statement on Monday, the company said the move marks a strategic step as it expands beyond travel services into entertainment and lifestyle sectors increasingly shaped by digital integration and consumer experience.
Founded as a digital hub for concerts, cinema tickets, and live events, Nairabox has built a reputation for connecting users to leisure activities through its app and online platform.
They say its integration into the Wakanow ecosystem will allow the group to offer a more seamless experience across travel, leisure, and culture.
Wakanow also named Tobi Andero as the new Head of Business for Nairabox.
Andero, who joins from the experiential marketing sector, is expected to lead the brand’s growth and strengthen its market positioning under Wakanow’s ownership.
Commenting on the acquisition, Bayo Adedeji, Wakanow’s Group CEO, said it aligns with the company’s mission to deepen consumer engagement across lifestyle touchpoints.
He said, “We see tremendous opportunity in the intersection of travel and entertainment. This acquisition allows us to offer deeper, richer experiences to our customers, not just where they travel but also how they live, enjoy, and engage with culture. We are excited about what the future holds as we combine Wakanow’s strength and reach with the lifestyle energy of Nairabox.”
He added that Wakanow’s expansion strategy extends beyond geographical reach to include new sectors that complement its travel business.
Ugochukwu Jay Chikezie, CEO of Nairabox, described the partnership as “an exciting new chapter” for the entertainment-tech space in Nigeria.
“Joining forces with Wakanow marks an exciting new chapter for Nairabox and for entertainment in Nigeria. Over the years, we’ve built a platform that connects people to the experiences they love: concerts, movies, and live events.
‘‘This acquiition allows us to further scale that vision by integrating travel and entertainment into one seamless ecosystem. Together with Wakanow, we’re creating a future where access to unforgettable experiences, whether across cities or continents, becomes simpler, smarter, and more connected than ever,’’ he said.
The acquisition underscores a growing convergence between travel and entertainment within Africa’s digital economy, as tech-driven brands seek to deliver more holistic consumer experiences.
Wakanow Group’s portfolio now includes platforms such as Wakanow.com, Kalabash54.com, Roomde.com, Onburd.com, Pointview Travels, Trip Merchant, and the newly acquired Nairabox.com.
E-Business
Six Strategies to Grow Your E-Commerce Business in Nigeria

By Kehinde Ogundare, Country Head, Zoho Nigeria
Nigeria’s e-commerce landscape is evolving rapidly. From fashion and electronics to groceries and beauty products, more Nigerians are shopping online than ever before. According to DataReportal, the country had 103 million internet users as of January 2024, and online retail sales continue to grow as more people gain access to affordable smartphones and digital payment systems.
However, while opportunity is expanding, so is competition. Thousands of small businesses now sell across Instagram, WhatsApp, and local marketplaces. For many, the challenge is no longer getting online, it’s standing out and building sustainable growth.
Below are six strategies that can help e-commerce entrepreneurs in Nigeria compete more effectively, connect with customers, and scale sustainably.
1. Focus on a niche, not the crowd
The internet offers endless reach, but success often lies in narrowing your focus. Instead of trying to appeal to everyone, identify a specific audience whose needs you understand deeply—whether that’s fitness enthusiasts, new parents, or tech-savvy students.
Niche targeting allows you to tailor your message, pricing, and product experience. It also helps small businesses build loyalty and word-of-mouth credibility in markets where advertising budgets are limited.
2. Build relationships beyond social media
Social platforms are powerful but unpredictable. Algorithms change, engagement fluctuates, and visibility can vanish overnight. That’s why it’s essential to diversify how you stay connected with customers.
Email newsletters, community groups, or loyalty programs provide more direct and reliable touchpoints. Use these channels to share updates, answer questions, and offer genuine value—not just promotions. Consistent, thoughtful communication builds trust that outlasts social trends.
3. Use data to understand customer behaviour
Every click, search, and abandoned cart tells a story. Tracking customer behaviour—through analytics dashboards, feedback forms, or even simple observation—can reveal why shoppers drop off and what keeps them coming back.
For example, you might discover that most users exit your site during checkout due to limited payment options. Adding mobile money or bank transfer features could increase conversions immediately. Data-driven decisions help eliminate guesswork and improve user experience.
4. Create content that answers real questions
Many Nigerian shoppers research extensively before buying online, especially from lesser-known brands. Publishing clear, helpful content—such as FAQs, size guides, or product comparisons—can bridge the trust gap.
A small skincare brand, for example, could post educational pieces on ingredients and routines, while a gadget store could share short explainers on choosing the right devices. When people find answers through your content, they are more likely to view your business as credible and dependable.
5. Explore automation and AI for efficiency
Artificial Intelligence is reshaping how small businesses operate globally—and Nigeria is no exception. From customer support chatbots to inventory management and personalized recommendations, automation can simplify repetitive work and improve decision-making.
Even basic AI tools can help analyse trends, spot buying patterns, and free up time for strategic tasks. The goal isn’t to replace human connection but to enhance it by focusing your energy where it matters most—understanding and serving your customers.
6. Build credibility through customer voices
Nigerians value peer opinions. Reviews, testimonials, and user-generated content often carry more weight than brand messaging. Encourage satisfied customers to share feedback or showcase how they use your products.
Displaying honest reviews on your website or social pages signals transparency and confidence. People are far more likely to trust a brand that others vouch for, especially in a marketplace crowded with new entrants.
Building for the long term
Sustainable e-commerce growth in Nigeria isn’t about chasing every new platform or pouring money into ads—it’s about clarity, consistency, and connection. By focusing on real customer needs, learning from data, and building trust at every step, businesses can create lasting impact in one of Africa’s most dynamic digital markets.
E-Business
NHIA, NIMC Ink MoU to Boost Universal Health Coverage Drive with Digital ID

National Health Insurance Authority of Nigeria (NHIA) has signed a Memorandum of Understanding (MoU) with the National Identity Management Commission (NIMC) to make the National Identification Number (NIN) an integral part of healthcare access in the country.
The MoU was signed recently between the CEOs of both government agencies and the principal idea to have the digital ID fully integrated with the healthcare system, a step which both parties see as critical in advancing Nigeria’s universal health coverage (UHC) scheme.
Nigeria launched a UHC initiative in 2005 but its implementation has faced several challenges along the way.
The government retouched the plan in 2022 under the NHIA Act and the new target is to ensure every citizen is covered by the UHC scheme by 2030.
Kelechi Ohiri, director general and CEO, NHIA, said in a thread on his X account that the integration of the NIMC’s identity infrastructure with the national healthcare system will boost the UHC scheme by enhancing inclusivity, improving the efficiency of service delivery processes, and strengthening data integrity to support better planning.
“This collaboration demonstrates our commitment to building a resilient healthcare ecosystem through strong inter-agency partnerships,” the CEO added.
Through the collaboration, a unified system will be put in place which will link the identity of NHIA members to their patient records, not only for easy identification but also to streamline access to care.
The move is also aimed at reducing fraud and enhancing transparency in the patient management process especially in the area of processing claims.
Talking about transparency, Nigeria’s NIMC-NHIA collaboration is in the steps of moves in a country like Kenya where biometrics is used to tackle insurance fraud which has seen the government lose millions of dollars in the last few years.
The MoU comes as the MINC has continued to strengthen NIN coverage with almost 124 million issued as of September, according to The Guardian.
Meanwhile, the ID authority announced in July that it looks forward to launching the General Multipurpose Identity Card (GMPC) this month.
The ID, which the NIMC announced last year, is framed as a tool with a triple purpose to enhance digital and financial inclusion.
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