E-Business
Winners Emerged in Ispon/Idea Hackaton
Winners have emerged in Institute of Software Practitioners’ of Nigeria (ISPON) and Information Technology Development Entrepreneur Accelerator (iDEA) organized Software Hackathon, which was held in Tinapa Knowledge City, Cross River state.
The Software Hackathon event is a pre-stage activity set to create awareness for the commissioning of the knowledge incubator project promoted by the Ministry of Communication Technology and the National Information Technology Development Agency (Nitda).
ISPON/iDEA Hackathon in Tinapa was a corporate technology event, held as an idea hunt competition to help bridge the innovation gap that exists between the Nigeria software developers and their Institutions.
The design principles of the innovation competitions include, encouraging young software developers to participate in an open innovation process, to trigger off their potential and inspire their creativity with the aim of increasing quality of their works as well as to generate innovations, process and product ideas for Development through an IT-enabled ideas, competition and accommodating lapses.
The Highlight of the event witnessed the appearance of Senator Liyel Imoke, governor of Cross River State –who gave a very remarkable speech of encouragement to the participants.
Le-Media from Team 2 made up of Aboluwarin Olaoluwa David , Banjo Mofesola Paul and Oladapo Oluwadara Glory won the first prize of N450,000 with 3 Nokia Lumia Phones.
EduCare from Team 5 made up of Kester Uwaje and Tiamiyu Mubarak ,won the Second Prize of N250,000 and two Nokia Lumia phones; while HealthLaunch Pad from Team 8 made up of Mark Olofu and Temitope Oguntade.won the third price of N150,000.
Keep Nigeria alive from Team 6 made up of Junior Pius Ekeh and Eyinka Iheanyi won the 4th position and was rewarded with a BlackBerry Z10 Phone. Me-Explorer from Team 3 made up of Okwu Marcus Eke, Anyadike Iheanyi and John Nnanna Oji won the 5th Position and was rewarded with a BlackBerry Z10 Phone.
The Hackathon 2013 event started with registration of participants at about 7:00pm on Tuesday 30th July 2013 (till now is about 45 hours) and in total we have 27 participants after registration.
Briefing: Briefing was done in order to enable all the participants know why they were here for the event and what the event is all about.
The Theme of the event was communicated to all the participants. The Theme for this year Hackathon event is “Media and Entertainment”.
The event is a Marathon Event that will enable all participants to come up with a prototype solution that will focus more on “Media and Entertainment” within the stipulated period (48 hours).
Whatever projects that will be presented should address usefulness of Media & Entertainment in resolving issues in our daily activities be it in Health, Education, Tourism, Information, Security, Aviation, Telecommunication, Sports, etc. We also agreed that the project development can be in any platform – Mobile App, Web, Desktop etc.
Participants introduced themselves with their respective core competencies, among the skills of participants include: C#, C++, Java, j2ME, VB.Net, Oracle, MS SQL, PHP, iPhone SDK, Android SDK and many add on SDKs and Plug ins.
The Information Technology Development Entrepreneur Accelerator (iDEA) is a non-government organization established to establish and promote knowledge Incubation in the country.
While the Institute of Software Practitioners’ of Nigeria (ISPON) is an Information Technology Professional Group established about 14 years ago to foster and promote National Software Development policy and the drive the advocacy of Software Development and entrepreneur capacity building in the Nigerian ICT Ecosystem.
E-Business
FG Launches Online Citizenship, Business Management Platform

Ministry of Interior has announced the launch of a new Online Citizenship and Business Management Platform in line with the Renewed Hope Agenda of President Bola Tinubu.
A statement signed by Dr Magdalene Ajani, permanent secretary, Ministry of Interior’s said the initiative forms a key part of its ongoing reforms aimed at promoting transparency, enhancing operational efficiency, and significantly improving service delivery to the public.
The new digital platform is designed to streamline the application and processing of citizenship and business-related services, ensuring faster turnaround times and improved user experience.
The platform allows users to apply for and manage business permits, ensuring that both local and foreign businesses operate legally in Nigeria.
It includes an Expatriate Quota System to manage work permits for foreign employees, helping companies hire skilled workers while complying with Nigeria’s immigration laws.
The Citizenship Administration and Management System provides a streamlined online process for applying, tracking, and managing Nigerian citizenship applications and related services.
Members of the public, corporate entities, and other stakeholders are expected to access the platform through the ministry’s website: https://interior.gov.ng , Direct Portal Access: https://candb.interior.gov.ng , or contact candb-support@interior.gov.ng for support and inquiries.
“The Ministry of Interior remains committed to establishing a more efficient, transparent, and secure framework for citizenship administration, while continuously enhancing service delivery through digital transformation,” the statement read in part.
E-Business
NITDA, CISCO Empower Youth with Digital Skills

Fifty selected young unemployed Nigerians have completed a four-week intensive digital skills bootcamp under the Digital Literacy for All (DL4ALL) initiative, gaining practical training in Data Science, Artificial Intelligence (AI), and IT Essentials.
The programme, a collaborative effort between the National Information Technology Development Agency (NITDA) and Cisco, was hosted at NITDA’s South West Zonal Office in Victoria Island, Lagos.
Speaking on behalf of the Director General of NITDA, Kashifu Inuwa , the Head of the South West Zonal Office, Mrs. Chioma Okee-Agugwo, described the initiative as a vital component of Nigeria’s digital future. “This is not just a closing ceremony. It is the launchpad for new journeys—anchored in digital knowledge and powered by innovation,” she remarked.
According to the Director General, the initiative is rooted in NITDA’s Strategic Roadmap and Action Plan (SRAP 2.0) and reflects key focus areas including Digital Literacy, Emerging Technologies, and Youth Empowerment. It also aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda, which seeks to accelerate economic diversification through digitisation, innovation, and skills development.
Inuwa noted that the DL4ALL initiative forms part of Nigeria’s broader commitment to digital inclusion—ensuring that no one is left behind in the evolving digital economy. It also supports the ambitious goal of achieving 70% digital literacy by 2027, championed by the Honourable Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani. This national vision aims to equip millions of Nigerians with the skills required to thrive in a tech-driven world.
He further emphasized the importance of empowering youth with globally relevant skills. “They are no longer just consumers of technology. They are creators, innovators, and future employers,” he said.
The NITDA boss explained that throughout the bootcamp, participants engaged in hands-on learning experiences designed to build both technical proficiency and digital leadership capabilities.
“This is only the beginning,” he stated. “Through our zonal strategy, we are bringing innovation closer to local communities. This is how we democratise access and unlock Nigeria’s full digital potential.”
Inuwa expressed appreciation to Cisco for delivering high-impact training and called on stakeholders to continue investing in partnerships, people, and platforms that drive digital inclusion.
He asserted that the newly certified participants are now equipped to contribute meaningfully to Nigeria’s digital economy—armed with the skills to build solutions, secure infrastructure, and launch tech ventures that solve real-world problems.
At the end of the bootcamp, participants demonstrated their knowledge through impressive presentations that showcased the integration of skills acquired across Data Science, AI, and IT Essentials. Many spoke passionately about how the programme had expanded their technical competence and sparked a drive to create job opportunities—not only for themselves but also for others—as entrepreneurs and digital solution providers in their communities.
E-Business
Cyberattack Could Cost it Up to $400m – Coinbase

Coinbase forecast a hit of between $180m and $400m from a cyberattack that breached account data of a “small subset” of its customers, the crypto exchange said in a regulatory filing on Thursday.
The company received an anonymous email on May 11, claiming to have information about certain customer accounts as well as internal documents.
While some data — including names, addresses and emails — was stolen, the hackers did not get access to login credentials or passwords, Coinbase said.
Still, it will reimburse customers who were tricked into sending funds to the attackers.
Hackers had paid multiple contractors and employees working in support roles outside the US to collect information.
The company has fired those involved, it said.
Separately, the New York Times reported that the US Securities and Exchange Commission (SEC) was investigating whether the company had misstated its user numbers.
Coinbase shares extended losses after the report and were last down 6.5%.
“This is a hold-over investigation from the prior administration about a metric we stopped reporting two-and-a-half years ago, which was fully disclosed to the public,” said Paul Grewal, Coinbase’s chief legal officer.
“While we strongly believe this investigation should not continue, we remain committed to working with the SEC to bring this matter to a close.”
The SEC declined to comment.
The latest developments come days before the company is set to join the benchmark S&P 500 index, casting a shadow over what was expected to be a landmark moment for the crypto industry.
Security remains a challenge for the crypto industry despite its growing mainstream acceptance.
In February, Bybit disclosed a hack in which about $1.5bn worth of digital tokens were stolen — widely described the biggest crypto heist ever.
“The cyberattack may push the industry to adopt stricter employee vetting and introduce some reputational risks,” said Bo Pei, an analyst at US Tiger Securities.
Funds stolen by hacking crypto platforms amounted to $2.2bn in 2024, according to a report from Chainalysis, a US-based blockchain analysis firm.
“As our nascent industry grows rapidly, it draws the eye of bad actors, who are becoming increasingly sophisticated in the scope of their attacks,” said Nick Jones, founder of crypto firm Zumo.
Coinbase has refused to pay a ransom of $20m demanded by the attackers and is working with law enforcement agencies. Instead it has established a $20m reward for information on the hackers.
The company is also opening a new support hub in the US and taking other measures to prevent such cyberattacks, it said.
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