Connect with us

News

Outsourcing: Global Firms Eye Nigeria to Beat Cost

Published

on

Kindly share this post

Nigeria, once overlooked as outsourcing destination now suddenly makes strong business proposition for global companies eager to drive at cost savings, Nigeria CommunicationsWeek investigations can now reveal.

The development contrasts with "The Black Book of Outsourcing" which said that Nigeria outsourcing destination to be avoided because of unprotected scanty infrastructure efforts,  combative labor, work conditions or training programmes to just name a few.

But some important discoveries are driving the new look into Nigeria including a World Bank study which said that the country can be the premier outsourcing country in the world.

Also Frost & Sullivan, analysts, consultants and visionaries helping clients accelerate growth and develop best practice levels in growth; innovation and leadership believe Nigeria is a major ICT investment area over the next five years.

Nigeria CommunicationsWeek gathered that one distinct advantage is that English is the official language in Nigeria, making it a favourable outsourcing destination because English is the language for business around the world.

Outsourcing will create jobs, deepen Nigeria’s ICT know-how as well as bring the much needed foreign exchange inflow.

Though India is going to remain the offshore outsourcing leader, Nigeria is now juicy because it has a time-zone benefit when dealing with European customers.

Recession focuses on to cost as a more decisive factor in outsourcing as well as on service levels and quality and Nigeria is blessed with a ready pool of skilled and experienced human resources for companies that seek best practice for their businesses.

It is not only outsourcing businesses that will blossom because as the as recession lasts and afterwards, many foreign companies would seek overseas outlets for their products and services.

Nigeria has potentials to offer outsourcing in, website design, development & marketing, graphic design, presentation & multimedia, programme, software & database, game design & development, networking, hardware & telephony, engineering, cad & architecture, writing, editing & translation and business consulting

Others are finance & accounting, sales & marketing, business process , advertising & broadcasting, illustration & art, photograph & videography, fashion, interior, landscape design, legal/law and Manufacturing & Industry.

Companies like ChamsCity which inaugurated the world’s largest digital mall may be the new beneficiaries of the outsourcing largesse. The ChamsCity ICT centre has 1,000 computers housed in a single building as against the 670 computers in the centre in New York and has earned Nigeria an enviable position in the Guinness Book of World Records.

There is also Famafirm, a young, dynamic law firm interested in providing legal outsourcing to law firms, companies in commonwealth countries.

Elsewhere, Microsoft is facilitating the development of a vibrant outsourcing sector in Nigeria with target of training 50,000 Nigerian youths on IT and outsourcing skills.

Increased IT awareness as well as eradication of corruption will help Nigeria make significant outsourcing progress. There is also the challenge of Nigeria’s notoriously unreliable power supply.

 


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

Amuchie, ED Fidelity Bank Named “Outstanding Banker of the Year” @ ABoICT 2026

Published

on

Kindly share this post

Sir Stanley Amuchie, chief operations and information officer, Fidelity Bank Plc has been named “Outstanding Banker of the Year” for his incisive record of digital transformation in the financial sector.

Amuchie, ED Fidelity Bank Named "Outstanding Banker of the Year" @ ABoICT 2026

Sir Stanley Amuchie,

He was crowned at Africa’s Beacon of ICT Merit and Leadership Lectures and Awards, held at the weekend in Lagos.

Africa’s Beacon of ICT Merit and Leadership Lectures and Awards, is an annual, highly respected event in Nigeria’s technology sector organized by Nigeria CommunicationsWeek.

The awards recognize and celebrate organizations, public authorities, and individuals who have made extraordinary contributions to digital transformation and ICT growth across the continent.

Amuchie bagged “Outstanding Banker of the Year” according to the organizers for being one of Nigeria’s most accomplished and sought-after financial executive and technocrat.

He graduated as a First-Class student in Industrial Chemistry from the University of Benin and holds a Master’s degree in Corporate Governance from Leeds Beckett University in the UK.

With over two decades of experience, he is currently the executive director/chief operations & Information Fidelity Bank Plc.

Amuchie started  his career at Arthur Andersen, Lagos, Nigeria (now KPMG Professional Services) in September 1995 where he rose to the level of a Senior manager before exiting the organization in February 2000 to work in the banking industry.

He had earlier been the General Manager/Group Zonal Head, Zenith Bank Plc. Prior to this position, he was in Financial Control & Strategic Planning Department of the Bank  from February 2000 to May 2018 where he rose to the rank of Group Chief Financial Officer of the Bank.

In addition to his then responsibilities, he was a Director of Zenith Nominees Limited, a global Custody Subsidiary of Zenith Bank Plc.

He was at various times in-charge of the co-ordination of the Group’s Foreign Operations and Real Estate Operations.

Prior to the Bank’s election to operate as a Commercial bank with foreign authorization, he held the following  positions in the subsidiaries of the Bank; Chairman – Zenith Securities Limited; Director – Zenith Trustees Ltd, Director – Zenith Bureau De Change Ltd.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), and an

Honorary Senior Member of the Chartered Institute of Banker’s of Nigeria (HCIB).

He has attended various local and foreign Leadership courses in institutions like

Insead Business School in France and Harvard Business School in USA. Currently, he is an Executive Director Chief of Operations and Information Fidelity Bank PLC.

He is the Founder/President of The Goodlight Foundation.


Kindly share this post
Continue Reading

News

NCC Retains Rudman as Chairman of the Newly Inaugurated IPv6 Council Board, Tasked Them to Advance Nigeria’s Digital Migration

Published

on

Kindly share this post

The Nigerian Communications Commission (NCC) has officially inaugurated the new board of the Nigerian Internet Protocol version 6 (IPv6) Council in Ikeja, Lagos. Mr. Muhammed Rudman, Chief Executive Officer of the Internet Exchange Point of Nigeria (IXPN), will continue to serve as Chairman.

This inauguration marks a significant milestone for Nigeria’s telecommunications sector, as global demand for IPv4 now exceeds the available IPv4 address space.

Following the event, Rudman acknowledged the contributions of former board members, including Olusola Teniola (former President, ATCON), Funke Opeke (Founder, MainOne), Mary Uduma (former President, NiRA), and Lanre Ajayi (past President, ATCON), emphasizing that their involvement was instrumental in establishing the nation’s foundational IPv6 migration efforts.

Rudman noted that membership in the IPv6 Council is institution-based. The reconstituted board includes Mr. Muhammed Rudman as Chairman and a representative from the NCC as Co-Chairman. Institutional representatives from NITDA, ATCON, NIRA, ALTON, ISPON, and NgREN serve as board members, with Dr. Chris Uwaje and Prof. Latif Ladid acting as Advisers. This group is responsible for leading the nationwide migration from IPv4 to IPv6.

“The transition to IPv6 is a strategic national priority. It is essential for enabling Nigeria’s digital transformation, economic growth, and global competitiveness. The council’s strategy identifies IPv6 as a primary catalyst for national development, focusing on three pillars: supporting emerging technologies such as 5G and the Internet of Things (IoT), promoting economic diversification, and providing enhanced security and performance compared to legacy solutions such as Network Address Translation (NAT),” Rudman stated.

To achieve these objectives, the council’s action plan is structured around two primary initiatives: awareness-raising and capacity-building. The board will prioritize promoting national awareness of IPv6 through targeted events and workshops, while also providing IPv6 training to network engineers across various operators, including ISPs, telecommunications companies, educational institutions, and financial organizations. These efforts are expected to facilitate the acquisition and deployment of IPv6 throughout Nigerian networks.

The council will develop and oversee the national IPv6 strategy, monitor adoption across sectors, and report regularly to the Federal Government. Additionally, the council will identify technical challenges, strengthen local engineering capacity, and recommend regulatory measures to encourage ISPs, telecommunications operators, academic institutions, and enterprises to upgrade.

With the Nigeria IPv6 Council now operational, local enterprises and network providers are required to upgrade their systems to sustain the nation’s position in the global digital landscape.


Kindly share this post
Continue Reading

News

ALX Broadens AI Training in Africa

Published

on

Kindly share this post

Pan-African talent accelerator ALX is expanding its footprint and shifting to a fully self-paced learning model to train and integrate young Africans into the workforce, as the global economy reorganises around artificial intelligence (AI).

Partnering with the MasterCard Foundation, the technology training provider and career accelerator designed to equip African talent, says it enables learners to access tech training for $5 a month.

It emphasises a shift in demographics saying that by 2035, more young Africans will enter the workforce annually.

ALX notes that its model has graduated 347,100 learners, with 63% finding employment within six months. Women represent over half of all graduates. To increase flexibility, the organisation emphasises that learning is now entirely self-paced.

“Learners progress through modular blocks, earning credentials as they go, ensuring that the training fits around their existing responsibilities,” says Shana-Michelle Rabonda, Chief Operating Officer of ALX.

Rabonda adds that global employers are taking notice: “We are building a direct pipeline to the global digital economy. When companies look for elite tech talent, they are looking at Africa.”

Due to this demand, firms such as Absa, Stanbic Bank, MTN, and KPMG now employ between 50 and 180 ALX graduates each. Meanwhile, community entrepreneurs have created over 60,100 jobs through AI startups like Signvrse and Edulga.

With Africa’s AI market projected to grow to $16.5 billion by 2030, ALX operates alongside competitors like Moringa School and GoMyCode to secure mindshare.

“With the right skills and networks, young Africans can seize these opportunities,” Rabonda emphasises. “Africa’s youth should not just be consumers of AI; they should be creators shaping innovations that will define the global economy.”


Kindly share this post
Continue Reading

Trending