E-Business
The Future of Digital Payment is Now

By Adeniyi Ogunfowoke,
Digital payment has evolved beyond what happened in the past. Before its revolution, Nigerians had to carry cash around to pay for transactions, buy airtime, or even pay for DSTV subscriptions. Today, businesses and consumers have embraced technology to satisfy consumer demands to do things more efficiently, and with less time.
According to the latest data from the Nigeria Inter-Bank Settlement System Plc (NIBSS) reveals that the volume of electronic payment for utility bills, airtime top-up, cable TV, hotels and airlines, among others, grew by 55 per cent to reach 134,656 transactions in January this year from 87,076 transactions in the corresponding month in 2017.
Within this space, there are a number of players who are championing this cause through attractive and irresistible incentives to encourage consumers who are already comfortable paying for these services offline; some even have the contacts of the service providers, whom they beckon on anytime there is a need for such services. There is no doubt that one of the most difficult aspect of ecommerce is converting customers from offline to online, or plainly making them see why electronic payment makes life easier for them, not forgetting the cost-saving benefit.
Among such online merchants is one of Jumia’s revolutionary all-in-one, first-of-its-kind lifestyle App – Jumia One. The difference between Jumia One and other online platforms or Apps, or even banks, offering such services is that customers can pay for multiple digital services i.e. recharge airtime, pay bills (DSTV, PHCN, etc.), buy flight ticket, book a hotel, buy data, and many more.
Here are some of the ways Jumia is making digital payment attractive to Nigerians.
Enjoy 5% Cashback Bonus on Airtime & Data
Get 5% instant bonus as cashback on all your Airtime and Mobile Data recharges; up to ₦2500 cashback on each purchase!
Pay Zero Fee on Bills
Pay ZERO service fee on utility bills like DSTV, GoTV, Startimes, Kwesé TV, Smile, Swift, Spectranet, and electricity bills by saving ₦100 on each transaction.
Save Time and Money
Jumia One is the ”All-in-One” lifestyle App, where you can get access to different services in one click. Jumia One connects you to your favourite services faster and easier. You also get to save more whenever you use the App to make transactions.
Highly Secured Mode of Payment
One of the best things about the app is that, after your first login, you can access the app via your fingerprint or pattern lock. Also, no payment is completed on the app without sending an OTP (One Time Password) via a registered phone number or email, that way you can be assured no unwanted transactions can be performed. You also get an email for every transaction performed on the app.
Instant Refunds
You get an instant refund whenever a failed or incomplete transaction occurs.
Send Airtime & Data and Get Instant Cashback
Get an amazing 5% cash back each time you recharge your phone or send airtime to your loved ones. Whenever you purchase a data plan or buy a recharge card from MTN, Glo, Airtel and 9Mobile with Jumia One, you instantly get 5% of your cash back on every transaction you make.
All of this reaffirms the importance of digital transformation and its vital role in business evolution. And clearly, with the increase in digital payments, Jumia is also helping to bridge the gap between the banked and the unbanked and at the same that promoting the cashless policy of the Central Bank of Nigeria.
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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