The Nigeria Data Protection Commission (NDPC) has set machinery in motion to enforce data subjects’ rights and promote trust in Nigeria’s digital economy ecosystem. In its Guidance Notice titled: GUIDANCE NOTICE ON THE FILING OF DATA PROTECTION COMPLIANCE AUDIT RETURNS (CAR), the Commission advises data controllers and processors to file compliance audit returns or risk being excluded from the National Data Protection Adequacy Programme (NaDPAP) Whitelist. The data controllers and processors comprise banks, telcos, hospitals, schools, ICT companies, data centres among others. It will be recalled that the National Commissioner/CEO, NDPC, Dr. Vincent Olatunji recently disclosed that the Commission is…
Author: ITPulse
Technology company, Zoho today holds its Zoholics Nigeria 2023 event, the company’s annual user conference in Lagos, where it announced a 50 percent growth in its Nigerian operations in 2022. Apart from the 50 percent growth, it also announced a strategic partnership with #StartupSouth, an organisation that works towards the development of startups from South and South-East Nigeria and the Zoho contract management solution, Zoho Contracts, free for three months to help businesses improve compliance to the Nigeria Data Protection Law. Speaking to Journalists on the sideline of the conference, Ali Shabdar, Regional Director, MEA, Zoho, noted that Zoho’s growth…
Pioneer and successful players in startup businesses have unanimously advised that success could only come the way of upcoming entrepreneurs through passion and perseverance rather than the desire to get rich quickly. The stakeholders advised on Thursday at the breakout session on the WorldStage Economic Summit 2023 held at the event center of the Nigerian Exchange, Lagos with the theme “The Game Changer.” Moderated by the Editor-in-Chief of Global Financial Digest, Mr. Mayowa Oludare, guest speakers took turns to share their experiences and address issues that were critical factors in understanding and running startup businesses to succeed were Mr. Tim…
Cross-border e-commerce presents a lucrative opportunity for businesses to expand their reach and tap into emerging markets in today’s globalised economy. However, developing and implementing cross-border e-commerce solutions tailored to these markets comes with its own set of complexities and challenges. This article looks into the processes and important strategies for creating successful cross-border e-commerce platforms for emerging markets, focusing on logistical challenges, currency exchange, regulatory compliance, and localised marketing strategies. Drawing from the experience of Chidi Udeze, a Senior Product Manager with over 4 years of experience at top companies like Jenesys AI, Entrova, and Nomba. Who have witnessed…
The Chief Executive Officer and Co-founder of Cybervergent, Adetokunbo Omotosho has adduced reasons why the company recently pivoted from Infoprive to Cybervergent, a pioneering technology company dedicated to revolutionising the cybersecurity landscape in Africa. In a chat with the media today, Omotosho noted that the strategic shift marks a significant milestone in the company’s unwavering commitment to pioneer Africa’s cybersecurity through innovation, automation and all-encompassing scaled solutions. “For us, Cybervergent represents not just a name change; it embodies the convergence of cutting-edge technology, visionary leadership, and a resolute commitment to safeguarding businesses in the digital age on the continent, starting…
The Nigerian Upper legislative chamber, the Senate today confirmed the appointment of Dr. Aminu Maida as the new Executive Vice chairman of the Nigerian Communications Commission (NCC). The confirmation means he will serve a five-year term in office and is subject to renewal by the President. The Chairman of the Senate Committee on Communications, and former Minister of Communications, Senator Ikra Aliyu Bilbis, submitted the report to the Senate to consider the request of President Bola Tinubu for the confirmation of Maida for appointment as the country’s Chief Telecom Regulator, noted that Maida had passed all scrutiny by the relevant…
Senior global executives from Anthology, a distinguished leader in education technology, will be in Nigeria to further discuss collaborations with the federal government, educational institutions, and other key stakeholders in the country. The visit comes on the heels of Nigeria’s adoption of Anthology’s leading Learning Management System (LMS), Blackboard Learn. During the visit, the EdTech provider is billed to meet with the Honourable Minister of Education, Tahir Mamman, among others to discuss cutting-edge EdTech solutions to support the diverse needs of learners, educators, and institutions, facilitating the attainment of educational objectives. Spanning a presence across more than 80 countries and…
Revenue in the e-commerce market in Africa is projected to reach US$40.80bn and expected to show an annual growth rate (CAGR 2023-2027) of 13.53% by year-end 2023, information on Statista has shown. This is even as the e-ordering market in Africa is growing rapidly due to increased internet penetration and smartphone usage. But despite the rapid growth of the e-commerce sector on the continent, online shopping in Africa is still under the global average, even in Africa’s driving markets. According to Statista, African online retail has been growing fast in recent years and this trend is forecasted to continue, with…
A report released today by the National Bureau of Statistics (NBS) has shown that Nigeria recorded a 0.61 percent point when compared to the September 2023 headline inflation rate. The NBS office said the country’s annual inflation rate rose to 27.33 percent in October from 26.72 percent in the previous month. The report indicates that on a year-on-year basis, the headline inflation rate was 6.24 percent points higher compared to the rate recorded in October 2022. Meanwhile, the consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 26.72 percent in September…
The proposal to train three million Nigerians over four years is capable of increasing Nigeria’s pool of technically-skilled persons in the global market leading to potential employers of digital and technical skills in the international scene to begin to engage more Nigerians. This is the position of the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, while applauding the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani for the prosal, which has already attracted 1 million applicants. While speaking in Lagos at the City Business News Summit on the theme ‘Repositioning Nigerian Economy through…
