E-Business
PFS Achieves CMMI-DEV Rating, Strengthens ICT Sector’s Trust

Having satisfied the requirements of all process areas of Capability Maturity Model Integration [CMMI] appraisal, Nigeria software powerhouse, Precise Financial Systems [PFS] has strengthened the information and communication technology [ICT] sector of the economy with achievement of CMMI level 3.
Shohel Noor, general manager, Nihilent West Africa, the company that performed the appraisal, said PFS has invested effort and tools in institutionalizing the Maturity Level 3 practices. The adoption of CMMI by PFS “is strengthening Nigerian ICT sector’s trust in the CMMI framework and in Nihilent as a partner”.
Managing Consultant and CMMI Lead Appraiser, Nihilent Technologies Ltd., Pune, Deepak Manjareka, informed that PFS is one of the fastest growing software companies in West Africa. He added that the company has demonstrated the best use of various software engineering tools for better security, delivery, and institutionalization of Maturity Level 3 practices.
“CMMI is applied to create a process improvement solution that is appropriate to the context of each unique organization. It provides a path for an organization to achieve its performance goals. A CMMI-driven improvement project delivers a framework to standardize processes, ensuring that a business’ best practices are captured, shared and adopted so that it can move staff around the organization and those who leave the organization would not take business critical information away with them”, he said.
Competition is driving significant interest in CMMI. Development companies, service provider, and acquisition/outsourcing organizations are adopting CMMI as a differentiator and enabler to enhance performance.
Competing companies are leveraging CMMI for industry best practices, and have adopted the approach to meet customer demands and competition. The growing popularity of CMMI in the market is also a big reason of adoption of this practice by companies.
CMMI is a process improvement training and certification programme, marketed by Carnegie Mellon University. Government agencies and many organizations required CMMI for software development contracts.
It has 25 different process areas that cater to comprehensive business process improvement and solution. Each CMMI process area has two goals, two practices, and many educational information to help management make the right strategies.
The certification applies to sub-contractors that provide custom software to companies or create solutions for the government. These companies must follow CMMI or be covered by their clients. Parts of the software product delivered to the government must follow CMMI in the supply chain.
Yele Okeremi, MD/CEO, PFS, said the CMMI appraisal has a global impact on the company since software firms are no longer competing locally, but globally. He added that Nigeria needs to conserve foreign exchange and one of the ways to do this is by developing world-class solution, “this is what the CMMI has helped PFS to achieve”.
He said CMMI not only rated the maturity of the company’s process. It provides a level of assurance that the company engaged for the project would complete it on time and price quoted. “The country needs to build capabilities and enhance competencies in order to compete internationally. Therefore, for Nigerians “who have penchant for consuming foreign software, better quality options are here”.
CMMI appraisal for development has many advantages. CMMI would lead to the development of better quality products. As such, “Now we have improved our processes and any government agencies and private firm that engage PFS means that the products we are providing will be of high quality”.
According to him, another benefit CMMI has brought to the company is that with the certification, the company can now provide accurate schedules and realistic timelines, which would lead to realistic deadlines for product releases. “The CMMI appraisal therefore provides the best practices throughout the product lifecycle to ensure we offer timely delivery and quality products to clients”.
He explained that the quality of software is only as good as the process used to develop and maintain it. According to him, a software organization “is competing in the marketplace. Its software process is a critical success factor. Well thought out improvements to the process will significantly contribute to the organization’s performance. That is what CMMI has done for PFS”.
Okeremi said Nihilent West Africa is one of the recognized CMMI Institute partners. CMMI provides a proven approach that has enabled diverse organizations to realize benefits in terms of dramatically improved project predictability and consistency.
E-Business
NDPC Commits to Balancing Data Privacy, Protection Information

Nigerian Data Protection Commission (NDPC), has expressed its commitment to balance information around data privacy and protection.

Dr. Vincent Olatunji, national commissioner, NDPC, stated this in Abuja, at the National Data Privacy Summit with the theme, “Privacy in the Era of Emerging Technologies,” organised by the commission.
Olatunji said the NDPC, at the moment, was looking at balancing information around data privacy and protection.
“What we are doing is just to look at how to balance information around privacy and protection, which is really important, because as we are innovating, at the same time, we have to consider issues around privacy and protection,” he stated.
He added that the commission has been very bold in taking risks that would bring about growth.
“Our starting point is growing at a very alarming rate, and we are not afraid of anything. We can take risks. And that is why a lot is happening in Nigeria, and this is the level of clarity,” he explained.
In his address, Dr. Aminu Maida, executive vice chairman (EVC) of the Nigerian Communications Commission (NCC), stated that Internet of Things holds promise for Nigeria’s economy.
The EVC, who was represented by Abraham Oshadami, executive commissioner, Technical Services (ECTS), noted that, “in an era in which digital assets, Internet of Things, future digital computing and other transformative technologies are key, and both a cornerstone of building trust for the adoption and a prerequisite for sustainable progress.
“Emerging technologies hold immense promise for Nigeria’s grand economy, but they also introduce complex risks to personal and individual rights.
“So, balancing innovation through post-ethical safeguards and public trust is the first step to ensuring that global digital advancement benefits all Nigerians without compromising their privacy or their security,” he added.
“As we just heard from the Nigeria Police, telecom operators have a vast amount of sensitive historical information daily, including connectivity apps and collaboration on privacy, security, and number protection, both to their and their inheritors,” he said.
Dr. Bako Shurkuk, commissioner for Science, Technology and Innovation, Plateau State, who represented Caleb Mutfwang, Governor of Plateau State, said, emerging technologies can be harnessed to attain sustainable growth.
E-Business
OADC Lagos Reinforces Commitment to Local Data Hosting and Digital Transformation @ NDPC’s National Privacy Week Summit

Open Access Data Centres (OADC) Lagos has reaffirmed its commitment to Nigeria’s data protection and digital transformation agenda through its sponsorship and active participation in the Nigeria Data Protection Commission’s (NDPC) National Privacy Week Summit.

The National Privacy Week Summit, organised by the NDPC, convened policymakers, regulators, technology providers, and industry stakeholders to promote data privacy awareness, strengthen compliance with the Nigeria Data Protection Act (NDPA), and advance conversations around data security, sovereignty, and responsible data governance.
As a sponsor of the event, OADC Lagos demonstrated its continued support for the Federal Government’s drive toward local data hosting and data domiciliation, which are increasingly critical to safeguarding sensitive information, enhancing regulatory compliance, and building trust in Nigeria’s digital economy.
Through its carrier-neutral, Tier III Design certified data centre in Lekki, Lagos, OADC provides secure, resilient, and compliant infrastructure that enables government institutions and private sector organisations to host and manage data locally while meeting international best practices.
Commenting on the engagement, Adesola Adesugba, Country Marketing Manager, Open Access Data Centres Nigeria, said: “We are proud to have supported the Nigeria Data Protection Commission through the National Privacy Week Summit and to stand alongside the government in advancing Nigeria’s digital transformation objectives.
“Strengthening local data hosting and domiciliation is fundamental to national data sovereignty, improved security, and sustainable digital growth, and OADC Lagos remains committed to enabling this future.”
OADC’s participation at National Privacy Week Summit underscores its role as a trusted digital infrastructure partner to government and enterprise, supporting secure cloud connectivity, regulatory compliance, and the long-term development of Nigeria’s digital ecosystem.
Open Access Data Centres is part of the WIOCC Group and operates open-access, world-class data centres across Africa, serving cloud providers, network operators, enterprises, and public sector institutions.
E-Business
Kaspersky Launches OT Calculator to Align Cybersecurity Investments with Business Goals

Kaspersky’s new online tool has been specially developed for industrial organisations to assess the potential costs associated with insufficient operational technology (OT) security.

By offering detailed financial forecasts, the calculator empowers senior management to make well-informed decisions regarding security investments.
Industrial organisations increasingly depend on interconnected systems, elevating cybersecurity to a critical factor in business resilience and profitability.
According to VDC Research, over 60% of industrial companies last year reported that cybersecurity breaches had led to significant costs. Despite this, a persistent disconnect remains between security teams and executive leadership as security professionals focus on minimising risk, while executives must balance cybersecurity concerns with broader business objectives. This misalignment often results in competing priorities and underfunded security initiatives.
To bridge this gap, Kaspersky has launched the OT Cybersecurity Savings Calculator, an innovative online tool designed specifically for industrial organisations to assess the potential costs of inadequate operational technology (OT) security¹.
The primary aim of this tool is to translate cyber risks into tangible financial metrics and support strategic discussions around priorities and budget allocation. By entering details such as their sector, sub-sector, region, company size, breach history, and existing cybersecurity measures, organisations can estimate their potential cost savings and receive customised, actionable recommendations.
The calculator benchmarks performance against industry peers and highlights the company’s position within the current threat landscape.
“We believe this calculator is a powerful resource for transforming complex cyber risk data into straightforward financial insights. It enables OT leaders, security professionals, and executive teams to develop clear, data-driven business cases and recognise the value of cybersecurity investments. With actionable guidance, it promotes a comprehensive approach to resource management and strengthens overall organisational resilience,” comments Andrey Strelkov, Head of Industrial Cybersecurity Product line at Kaspersky.
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