Connect with us

General News

Olympus Plans to Bridge Knowledge Gap on Cryptocurrency

Published

on

Kindly share this post

Financial education platform, Olympus has reaffirmed its readiness to bridge knowledge gap around the ban of cryptocurrency transactions.

The firm explained that this was necessary to prevent investors from falling into the antics of opportunists who might want to exploit the ban against investors.

Victor Louis Adegunloye, founder and Chief Executive Officer of the organisation, made the commitment at a recent seminar organised for investors to keep them abreast of development in digital currency.

Speaking to journalists, Adegunloye expressed concerned that people were being exploited via the ban and announcing a pilot scheme for creating a new government-backed digital currency.

“This is why Olympus hosts weekly seminars to educate people on the opportunities while working on creating a tech hub to train Nigerians on financial technology and block chain applications. So far, we have trained more than 30,000 people with at least five percent currently earning anywhere from 100 dollars to 1000 dollars a week.”

He stated that CBN ban of cryptocurrency transactions in July may not be unconnected to activities of fraudulent operators, which was fueled by knowledge gap.

He said, “We want people to be empowered by taking advantage of new emerging technologies. We have 2000 active users on our platform holglobal.team, it’s all organic at the moment and we’ll be launching our dashboard within the next quarter.

“We also currently have users from over 60 nations across the globe, especially in African countries like Nigeria, Ghana, SA, Kenya and Uganda.

“In all, we plan for people to make money, also educating clients with knowledge and information to take advantage of opportunities in the blockchain technologies to make better financial decisions and build a better life for themselves and families.”


Kindly share this post

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

Continue Reading
Advertisement
Comments

General News

Nigeria First Policy: FG Reaffirms Galaxy Backbone as ICT Provider

Published

on

Kindly share this post

Federal government , through the Office of the Secretary to the Government of the Federation (OSGF), has issued a circular reaffirming its commitment to leveraging the substantial investment in the National Information Communications Technology Infrastructure Backbone (NICTIB), for the benefit of Ministries, Departments and Agencies (MDAs).

Nigeria First Policy: FG Reaffirms Galaxy Backbone as ICT Provider

Chidi Okpala, spokesperson for Galaxy Backbone Ltd, disclosed this in a statement on Monday.

The directive, issued in line with the Nigeria First Policy, endorsed Galaxy Backbone Limited, as the designated provider of ICT infrastructure for federal government institutions.

Commenting, Professor Ibrahim Adeyanju, managing director, Galaxy Backbone Ltd, reiterated that the agency is well positioned to actualise the Nigeria First Policy in the country’s ICT sector.

“We have repositioned our organisation in such a way that the MDAs experience the quality, reliability, and innovation of our services, and they can see us as a partner in their digital transformation journey.

“Our pledge is to listen, collaborate, and provide tailored digital infrastructure solutions that meet the unique needs of each agency, while ensuring Nigeria’s data remains safe within our borders,” he said.

According to him, federal government MDAs are expected to accelerate Nigeria’s digital transformation and contribute directly to national economic growth through the implementation of the Nigeria First Policy.

Galaxy Backbone Ltd was established by the Federal Government with the core mandate of ensuring data sovereignty through a centralised e-government platform that offers secure connectivity and related ICT services.

 

 


Kindly share this post
Continue Reading

General News

FG Reaffirms Galaxy Backbone as Its ICT Infrastructure Provider Under Nigeria First Policy

Published

on

Kindly share this post

The Federal Government, through the Office of the Secretary to the Government of the Federation (OSGF), has issued a circular reinforcing its commitment to leveraging the substantial investment in the National Information Communications Technology Infrastructure Backbone (NICTIB) for the benefit of Ministries, Departments, and Agencies (MDAs).

This directive, in line with the Nigeria First Policy, endorses the use of Galaxy Backbone Limited (GBB) as the designated provider of ICT infrastructure for Federal Government Institutions, covering IP-network services, data centre hosting, and related infrastructure solutions.

GBB was established by the Federal Government with the core responsibility of ensuring data sovereignty through a centralized e-government platform that offers secure connectivity and related ICT services. Over the years, the organization has consistently invested in upgrading its capacity, achieving multiple international certifications and recertifications that position it as a provider of world-class, secure, and reliable technology services.

With this renewed endorsement, GBB is also officially positioned as the Government Data Exchange Platform and the interoperability layer for the nation’s Digital Public Infrastructure implementation, reinforcing its role as the body that coordinates, manages, and integrates all federal digital infrastructure and services, ensuring they comply with Nigeria’s data sovereignty goals and work harmoniously as part of the nation’s digital public Infrastructure.

While this directive ensures compliance with the Nigeria First Policy, GBB emphasizes that its mission is to deliver excellence through building trust and collaboration with Ministries, Departments and Agencies (MDA). Federal Government Institutions currently hosting data abroad are encouraged to migrate to GBB’s secure platforms, confident in the assurance of improved service delivery, enhanced security, and alignment with global best practices.

“We have repositioned our organisation in such a way that the MDAs experience the quality, reliability, and innovation of our services and they can see in us as a partner in their digital transformation journey,” said Professor Ibrahim Adeyanju, Managing Director/CEO, GBB.

He further reiterated; “Our pledge is to listen, collaborate, and provide tailored digital infrastructure solutions that meet the unique needs of each agency, while ensuring Nigeria’s data remains safe within our borders.”

GBB’s commitment is rooted in service excellence, security, and innovation; principles backed by its ISO certifications and global standard operating frameworks. This renewed collaboration between GBB and MDAs is expected to accelerate Nigeria’s digital transformation and contribute directly to national economic growth.


Kindly share this post
Continue Reading

General News

Virtual Reality in Healthcare: Nigeria’s Untapped Opportunity for Training, Patient Care, and Medical Innovation

Published

on

Kindly share this post

Across the world, Virtual Reality (VR) is proving to be far more than a gaming technology. In healthcare, it is emerging as a practical solution to train professionals, improve patient care, and speed up medical innovation. For Nigeria — where health facilities face workforce shortages, infrastructure gaps, and tight budgets — VR offers a unique chance to leapfrog into modern practices without the prohibitive cost of traditional methods.

Training Without Risk, Learning Without Limits

One of the biggest hurdles in healthcare is preparing professionals for real-life emergencies. Nursing students can read about procedures in textbooks, but they need hands-on experience to master them. VR bridges this gap by simulating real hospital scenarios: inserting an IV line, performing CPR, or managing a trauma patient — all in a safe, repeatable virtual environment.

Emergency response teams can also rehearse disaster situations, from mass-casualty events to fire outbreaks, without risking lives or resources. Instead of waiting for rare live drills, responders can practice repeatedly in lifelike VR settings until every step becomes second nature.

Across Nigeria, a new wave of innovators, like Insightful3d Studio, is developing these immersive training programs locally. By building high-quality VR modules tailored for Nigerian hospitals, universities, and teaching centers, they reduce dependence on expensive foreign programs and make advanced training more affordable.

Improving Patient Understanding and Confidence

VR isn’t just for training staff. Patients can also benefit. For example, a woman preparing for childbirth can take a guided virtual tour of a delivery room to reduce anxiety. A family deciding on surgery can visualize what the procedure involves and better understand the risks and benefits. When people clearly see what to expect, trust in medical care increases — and so do positive outcomes.

A Platform for Local Innovation

VR also allows medical teams in Lagos or Abuja to collaborate seamlessly with specialists abroad. They can jointly review virtual models of medical cases, discuss treatment options, and learn new techniques in real time. For research institutions and pharmaceutical companies, VR provides an interactive environment to test ideas faster and with fewer physical resources.

Nigeria’s Window of Opportunity

Globally, VR in healthcare is growing rapidly — projected to become a multi-billion-dollar industry this decade. Nigeria does not need to be a latecomer. With forward-thinking hospitals, training schools, and government support, the country can develop home-grown solutions instead of importing them at high cost.

Companies like Insightful3d Studio are proving that this is not futuristic wishful thinking — it is already happening. The real question is not whether VR belongs in Nigerian healthcare, but how quickly hospitals, regulators, and investors will adopt it. Early movers will improve patient outcomes, cut training costs, and set a new standard for African healthcare.


Kindly share this post
Continue Reading

Trending