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Stakeholders at MoDiTECH 2019 Harp on Leveraging Digital Services to Boost Nigeria’s Economy

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L-r: Co-Chair, MoDiTECH2019, Chris Uwaje; Director, Technical Standards & Network Integrity at the Nigerian Communications Commission (NCC), Engineer Bako Wakil; Editor, TechEconomy.ng and convener of MoDiTECH2019, Peter Oluka; MD Rack Centre and Chair, MoDiTECH2019, Dr. Ayotunde Coker; Founder, CWG Plc and Keynote speaker, MoDiTECH2019, Mr. Austin Okere and the President, Digivation Networks, Dr. Bayero Agabi, during Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.
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To fully embrace the possibilities that digital technology has to offer both the private and public organisations have to be willing to use agile approaches in which requirements and solutions evolve over time.

Through adaptive planning, evolutionary development, early delivery, and continuous improvement agile development methods encourage rapid and flexible response to change.

These were the thoughts of speakers at the maiden Mobile and Disruptive Technology Forum (MoDiTECH2019) organised by TechEconomy.ng in Lagos recently.

R-L: MD Rack Centre and Chair, MoDiTECH2019, Dr. Ayotunde Coker; Founder, CWG Plc and Keynote speaker, MoDiTECH2019, Mr. Austin Okere and ATCON Coordinator, Internet Services Providers, Mr. Desoye Amoo, during Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

Participants at the Forum were exposed to how industry leaders are using disruptive technologies such as Mobile Internet, Automation of Knowledge and Work, Internet of Things (IoT), Cloud Technology etc. to improve the quality of life for people and redefining business models such as Agritech, FinTech, e-Billing, e-Commerce, e-Governance, e-Payments, transportation, smart city, etc.

Speaking at the event, Prof. Garba Danbatta, executive vice chairman (EVC), Nigerian Communications Commission (NCC), said that through its regulatory excellence, the Commission is at the forefront of unleashing the digital economy that will spur industrial growth, job creation, and Return on Investment (RoI) for investors.

According to him, the internet is at the leading edge of digital revolution, which informed why NCC is supporting operators to deploy more infrastructure.

“Today, Nigeria has started a test-run of 5G, the latest technology for delivering broadband services and such other services as Internet of Things (IoT), Artificial Intelligence (AI). The trial will last for three months. Nigeria hopes to join other countries which are in a rush to deploy the 5G technology because of its immense promise for digital communication,” Danbatta said.

R-L: Chief Product Officer, Global Accelerex, Chuks Anakudo; President, Digivation Networks, Dr. Bayero Agabi and the Executive Secretary, African ICT Foundation, Mr. Emmanuel Bassey, during Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

Prof. Danbatta who spoke through Engineer Bako Wakil, director, Technical Standards and Network Integrity, NCC, also disclosed that the Commission was “at the verge of sending the N65 billion request for supporting the already six infrastructure companies (InfraCos) licensed to roll out broadband infrastructure across the country, to the Federal Executive Council (FEC) for approval”.

Meanwhile, Danbatta expressed concurrence of the Commission to the renaming of the Ministry of Communications to ‘Federal Ministry of Communications and Digital Economy’.

“The renaming of the Ministry shows a demonstration of the future of telecoms in all government sectors and the economy; the EVC, therefore, commended the Minister, Dr. Isa Pantami and members of the Federal Executive Council for the foresight and dramatic change. This, will spur a new debate and redirect the Ministry and other agencies under it as well as the private sector to a new awakening that digital economy brings,” he added.

L-r: Marketing Manager, Galaxy Backbone Limited; Head, Marketing and Communications at Rack Centre, Ejieke Ezeadiugwu and the Conference Manager West Africa – International Data Corporation (IDC), Theresa Etukodo Eshiet, during Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

In a keynote presentation titled: ‘Social and Global Impact: Engaging for Growth’, Mr. Austin Okere, founder/vice-chairman, CWG Plc recalled that in 2018, the mobile ecosystem contributed more than $500 billion to the funding of the public sector through general taxation, globally.

According to him, Nigeria as among the three smartphone super-powers to emerge by 2025, stands to benefit from the smartphone ubiquity across the world that enables consumer engagement in numerous use cases

He said, however, slowing unique subscriber growth, regulatory intervention and intense competition continue to put pressure on operators’ traditional mobile revenue.

Cross section of participants at the event.

“Over a fifth of the world’s markets will have launched 5G by 2020, spending combined $244 billion on networks in the process. In 2018, mobile technologies and services generated 4.6% of GDP globally, a contribution that amounted to $3.9 trillion of economic value added.

“The mobile ecosystem also supported almost 32 million jobs (directly and indirectly) and made a substantial contribution to the funding of the public sector,  with more than $500 billion raised through general  taxation. By 2023, mobile’s contribution will reach

“$4.8 trillion (4.8% of GDP) as countries around the globe increasingly benefit from the improvements in productivity and efficiency brought about by increased take-up of mobile services.

“Further ahead, 5G technologies are expected to contribute $2.2 trillion to the global economy over the next 15 years, with key sectors such as manufacturing, utilities and professional/financial services benefiting the most from the new technology.

“The mobile ecosystem directly employs almost 32 million people globally; 14 million directly and 17 million through related industries 

To this end, Mr. Okere called on State Governments’ to invest in digital economy especially by removing excess taxation on Right of Way (RoW) adding that over the next few years, as the enablers of mobile internet adoption such as infrastructure, affordability, consumer readiness and content/services, continue to improve, millions of people will start using the mobile internet for the first time, and will add value to the nation’s economy.

L-r: Senior Consultant, Digital Encode, Oluafemi Obadare; Chief Operating Officer, Fintech Association of Nigeria (FinTechNGR), Dr. Babatunde Obrimah; CEO, i-Naira.com. Hillary Nwaukor and Chief Technology Strategist at Debbie Mishael Consulting, Engr. Ifeanyi Frank Ogochukwu, during a panel session at Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently

He continued that “Mobile is a powerful tool for achieving the UN’s SDGs: since 2015, impact has increased across all 17 SDGs. 5G is an inevitable network evolution, and will create significant opportunities if the right conditions are in place.

 Dr. Ayotunde Coker, managing director,Rack Centre and Chairman of MoDiTECH2019, aligned with Mr. Okere, stressing that content consumption through the mobile channels, is rising hence mobile is a key driver, with more people watching video on their devices for longer and more frequently.

Speaking on the theme: “The Power of Digital Services”, Dr. Coker briefly highlighted the history of the internet and interconnectivity and how it has brought progress to the way businesses and other important economic activities are done in Africa.

Dr. Coker stressed the importance of digitisation on the African continent, and “What it means for us in Africa is to leverage the lots of benefits we can get. Benefits in terms of demographic advantage”

According to Dr. Coker, “the fourth industrial revolution is the next stage of digitisation with Africa has a focus; survival in the present economic structure is dependent on innovation. The journey of digitisation is now a way of life hence the demand for data has exponentially increased.

In his presentation on ‘Impact of Digital Solutions on Financial ServicesMr. Tunde Ogungbade, managing director, Global Accelerex, traced the history of banking and financial service provisioning to the 90’s when customers had to be physically present at a bank “in an orderly fashion, with a passbook or cheque” in order to carry out a financial transaction.

Thus, between year 2000 and 2011, were the era of search for utility among banks that engaged in fierce competition for the most branches in localities.

He said that this era was disrupted by internet banking and smart phones that paved the way for 24/7 banking; “Prepaid cards, the POS, the ATMs and then debit cards linked to bank accounts”.

“From 2012 to date we are talking about the search for more utility. This is the era of Web Payments; Mobile Payments; Smart POS Payments; Mobile Money &  Agency Banking, Then, BVN changed everything!” he said.

Mr. Ogungbade who was represented by  Chuks Anakudo, chief Product Officer, Global Accelerex, warned the banks to brace-up for more disruptions as payments will even migrate from traditional banking to native apps and point-of-sales solutions.

He added that Blockchain technology will further disrupt financial services like the internet did to the media.

L-r: Vice President of Nigeria Internet Registration Association (NiRA), Toba Obaniyi; CTO, Medallion Communications. Dr. Kris Ranganath and President, Association of Licensed Mobile Payment Operators (ALMPO), Chinedu Onuoha, during a panel session at Mobile and Disruptive Technology Forum (MoDiTECH2019) held at Victoria Crown Hotel, VI, Lagos, recently.

“Banks of the future may not need to hold funds in the vault, assets will be digitized in a more secured way. Therefore, the future to behold is closing the gap between what the financial institutions offer and what consumers really need”, said Mr. Ogungbade.

Earlier,  Mr. Peter Oluka, editor, TechEconomy.ng; conveners of #MoDiTECH2019, said the event was organised “to discuss, brainstorm, learn and review the overall impact of new digital technologies that are disrupting many industries.”

Oluka also reiterated the widespread recognition that Artificial intelligence, for instance, will be key to future business and digital transformation and driving increasingly autonomous and intelligent networks (for telcos) and improving the customer experience through greater learning of customer behaviour.

MoDiTECH2019 was sponsored by Global Accelerex, Digital Encode, Access Bank Plc, ActivEdge Technologies, Zenith Bank Plc, Galaxy Backbone, i-naira.com, Medallion Communications, while the Nigerian Communications Commission (NCC) provided support to the Organisers.


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Digital Encode Sponsors PAFON 3.0 as CVO Prof. Adewale Set to Deliver Keynote on Cybersecurity and Trust

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Digital Encode Limited has emerged the lead sponsor of the upcoming third edition of the forum (PAFON 3.0), the organisers have announced.

Digital Encode Sponsors PAFON 3.0 as CVO Prof. Adewale Set to Deliver Keynote on Cybersecurity and Trust

PAFON 3.0

PAFON 3.0 is scheduled to take place on Friday, April 24, 2026, at the Oriental Hotel, Lekki Road, Lagos, from 9:00 AM to 1:00 PM.

Themed “Fair Digital Payments as a Catalyst for Deepening Financial Inclusion in Nigeria,” PAFON 3.0 serves as a strategic platform for senior executives from banks, fintechs, regulatory agencies, and technology innovators to address the evolving digital payment landscape.

As Nigeria transitions toward a cash-light economy, the forum will focus on critical pillars of sustainability, including transparency, pricing integrity, and system resilience.

Bridging Cybersecurity and Financial Inclusion

Professor Adewale Peter Obadare, the Founder/chief visionary officer of Digital Encode will deliver a cybersecurity-focused keynote address that connects trust, resilience, fraud prevention, and consumer protection to financial inclusion.

His session will provide a specialized perspective on how information security serves as the bedrock of financial inclusion; exploring the vital links between building infrastructure that consumers can rely on, protecting the ecosystem to allow inclusion to scale, and ensuring equitable and secure access for all Nigerians.

Prof. Obadare is arguably the most Credentialed PAN-African Digital Trust Leader, CyberSecurity Strategist, GRC Thought Leader & Global Technopreneur.

He is a seasoned Multi-Award Cybersecurity & GRC expert with over 58 (Fifty-Eight) international professional certifications to his credit, Master of Science in Cybersecurity, Liverpool Unversity, UK, was awarded Honorarary Doctorate Degree in Cybersecurity from Trinity International University of Ambassadors Atlanta Georgia, United State of America and First Professor of Practice – Cybersecurity at Miva Open University, Abuja, Nigeria.

Prof. Obadare is a well-recognized subject matter expert with numerous successful engagements to his credit in Africa and the world. His skills and experience spans Data Privacy, Data Protection, CyberSecurity, Information Security, Vulnerability Management, Penetration Testing, Computer Forensics, Business Continuity, I T Governance, Risk Management and Compliance.

He is a Cybersecurity Advisory Board Member for Lagos State Government, a Platinum Team Member of Open-Source Security Testing Methodology Manual (OSSTMM), as well as a lifetime member of  the Open Worldwide Application Security Project (OWASP). He is an alumnus of  FATE Foundation and US Department of State Exchange program.

He is also a distinguished alumnus of executive education at Harvard Business School, Harvard School of Government, MIT Sloan School of Management, MIT Professional Education and Oxford University – Said Business School.

“Without trust in the security of digital payments, inclusion cannot scale. And we are happy to welcome Digital Encode as our Lead Sponsor this year. With what the company stands for and the personality of the CVO on a global scale, we have no doubt that attendees at this year’s PAFON will go home with lots of insights.”

“The theme for PAFON 3.0 was carefully selected because if digital payments are affordable, transparent, accessible, and trustworthy, more Nigerians, especially the underserved, will participate in the financial system”, Mr. Chike Onwuegbuchi, the co-convener of Payments Forum Nigeria, noted, highlighting Digital Encode distinguished leadership in Nigeria’s cybersecurity ecosystem.

Other Confirmed speakers: Dr. Jameelah Sharrieff-Ayedun, Vice President, Fintech Association of Nigeria (FintechNGR) & CEO, Credit Registry; Uche Uzoebo, MD/CEO, Shared Agent Network Expansion Facilities (SANEF Limited): Special Guest of Honour; Mojeed Abayomi Agboola, National President, Financial Inclusion Agents Multipurpose Cooperative Society (FIAMCS); Dr. Obioha Otti, National President, Association of Mobile Money and Bank Agents in Nigeria (AMMBAN); Chukwuemeka Enoch, Founder, Lagos Blockchain Week, and Sarafadeen Fasasi, National President, Association of Financial Inclusion Agents of Nigeria (AFiAN), amongst others.

The forum will feature speakers from across the financial spectrum, including mobile money operators, payment processors, and development institutions, to shape policy dialogue and industry standards.

PAFON is a premier industry gathering that aligns brand positioning with trust and innovation in Nigeria’s digital payments ecosystem. It provides a unique space for thought leadership, regulatory engagement, and market expansion within the payment infrastructure sector.


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NITDA Boss Warns of AI Threat Shift @ GITEX Africa

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The era of treating cybersecurity as a mere IT problem is over. As AI-powered digital threats become more elusive and destructive, Nigeria is shifting its strategy toward “Total Resilience”—a multi-dimensional defense involving every level of society.

NITDA Boss Warns of AI Threat Shift @GITEX Africa

NITDA

At the 2026 GITEX Africa summit, NITDA DG, Kashifu Inuwa sounded the alarm on the changing nature of digital warfare, asserting that technology alone is no longer enough. Instead, Nigeria’s survival in the digital age now hinges on a strategic blend of policy, people, and proactive defense.

Speaking during a panel session on Cyber Resilience, Inuwa described the current global digital environment as being at a “critical turning point.”

He warned that emerging technologies are not only transforming industries and economies but are also reshaping the nature of cyber threats, demanding a proactive and multi-dimensional response from governments, institutions, and citizens alike.

“Cybersecurity is no longer just a technical issue. It is a strategic imperative for national development,” Inuwa stated. “We must think beyond technology alone and build resilience through people, processes, regulations, and infrastructure.”

Inuwa revealed that the focus of Nigeria’s cyber strategy is shifting from high-tech software to the people behind the screens. Pointing to data showing that 95% of all digital breaches stem from simple human mistakes, Inuwa argued that the world’s most advanced encryption is useless if the user is compromised.

“The most sophisticated technology cannot protect us if the human element is overlooked,” he noted. By prioritising human capacity and digital literacy, NITDA aims to turn every citizen into a “human firewall”, the first and most critical line of defense in a world where AI-driven attacks are the new normal.

In response, the Nigerian government has launched a comprehensive National Digital Literacy Programme aimed at achieving 95 percent digital literacy by 2030, with an interim target of 70 percent by 2027.

The programme emphasizes digital safety and cybersecurity awareness, equipping citizens with the knowledge to navigate an increasingly online world responsibly.

Inuwa highlighted initiatives such as the “3 Million Tech Talent” programme, designed to develop Nigerian expertise across key technology domains, including cybersecurity, data science, and AI.

The programme also leverages hackathons, innovation challenges, and mentorship schemes to channel young people’s skills into productive, lawful, and globally competitive ventures.

He argued that nurturing local talent is essential not just for national security but also for economic growth. “We want to create an environment where young Nigerians are innovators, not just consumers of technology,” he said.

Addressing concerns about Nigeria’s ranking in global cybercrime indices, Inuwa urged contextual understanding. “Countries with the most advanced digital economies also rank high in cybercrime because of the scale of their online activity,” he explained.

“Our focus is on redirecting talent towards innovation and solutions that protect our citizens while contributing to global digital advancement.”

On the legal and regulatory front, Nigeria continues to review and enhance the Cybercrime Act of 2015 to keep pace with the rapidly evolving threat landscape. The law underpins a structured National Cybersecurity Architecture coordinated by the Office of the National Security Adviser.

In addition, the country operates a 24-hour cybersecurity operations centre tasked with monitoring threats, issuing advisories, and providing real-time support to government institutions, businesses, and citizens. Advanced technologies, including dark web monitoring and AI-enabled threat detection, are being deployed to enhance situational awareness and improve response times.

Inuwa emphasized that effective cyber resilience requires collaboration between public and private sectors. NITDA is working closely with ministries, departments, agencies, and private sector stakeholders to secure critical infrastructure and strengthen national resilience.

“Cyber resilience is not a solo effort; it is a collective responsibility. By integrating people, technology, and regulation, we can build a secure, globally competitive digital economy,” he added.

As Nigeria navigates a digital-first future, initiatives such as the National Digital Literacy Programme, 3 Million Tech Talent, and strengthened legal frameworks underscore a commitment to turning cybersecurity challenges into opportunities for innovation and growth.

The country’s strategy reflects a broader understanding that in an era of AI-driven threats, preparedness is as much about people and processes as it is about technology.


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Truecaller Targets Global Market with Powerful New Business Chat Push

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Truecaller, the leading global communications platform, today announced the expansion of its Business Chat platform, making it accessible to global channel partners and enterprise solution providers. By “opening up” market access to its platform, Truecaller is empowering partners to transition their enterprise clients from legacy, low-trust SMS to a verified, smart, media-rich, and conversational communication experience.

Truecaller Targets Global Market with Powerful New Business Chat Push

Truecaller

Through this partner-led expansion, Truecaller empowers businesses to reclaim customer attention and establish immediate trust and credibility.

“The definition of success for modern enterprises has fundamentally evolved. It’s no longer just about delivery – it’s about earning attention, establishing credibility, and driving meaningful conversion,” said Priyam Bose, Global Head, GTM at Truecaller.

“By opening up market access to our global partners, we’ve created a powerful gateway for brands to engage with over 500 million active users where they already interact daily through communication that is contextual, trusted, free from clutter, and designed to initiate actions. For existing customers, the outreach opportunity extends to an additional high-impact channel, strengthening the overall customer experience journey.”

Truecaller Business Chat enables a clutter-free, high-trust conversational experience between businesses and consumers. The Business Chat platform equips partners with actionable insights, including real-time data and rich engagement metrics. This facilitates a more sophisticated, data-driven communication strategy that adapts at every stage of the customer journey.

Partners, including Gupshup and OneXtel, are already live in India along with Globe Teleservices, Cloudcom, and Sling Africa in other global markets, rapidly scaling the product in their respective regions. Global partners can now leverage Truecaller’s massive footprint to offer their clients a trustworthy engagement channel in an increasingly crowded digital world.


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