Tag
DIGITAL ECONOMY
Nigeria’s telecom sector may be on the brink of a major shift as Vitel Wireless officially launches with its 0712 GSM series, introducing a new kind of telecom operator—one that operates more like a tech startup than a legacy provider.
Nigeria’s participation in the Digital Cooperation Organization (DCO) is expected to open new opportunities for digital trade, innovation, and economic growth, as the body unveiled its Model Digital Economy Agreement (MDEA) during its first session.
The National Information Technology Development Agency (NITDA) has reiterated the critical role of data in driving Nigeria’s digital economy.
The founder and CEO of Digital Encode, Prof. Adewale Obadare, has warned that Nigeria’s growing digital economy may be hampered by the shortage of skilled cybersecurity experts in the country.
For Nigerian businesses, the stakes are even higher, particularly for the financial institutions that are increasingly vulnerable to sophisticated cyberattacks.
A team of lawyers at Olisa Agbakoba Legal (OAL) have faulted the provision of N10 million for contravention in Nigeria’s National Digital Economy and E-governance Bill.
The Chief Executive Officer of Digital Realty Nigeria, Engr. Ikechukwu Nnamani, has said that Nigeria currently has about 30 megawatts of data centre capacity, which is 5% of the needed capacity to sustain its digital economy drive.
The International Telecommunications Union (ITU) has advised the Nigerian government to streamline the regulatory roles of the Nigerian Communications Commission (NCC) and the National Information Technology Development Agency (NITDA) to address multiple regulations in the digital space.
The Lagos State government has unveiled an ambitious plan to generate N200 billion annually by expanding its income tax base to include remote workers and leveraging digital solutions for enhanced revenue collection.
The federal government is planning to develop regulations to guide the operations of e-commerce platforms in the country as well as cyber insurance for the users.
The Federal Government has said it will be giving out 50 laptops monthly to fellows of its 3 Million Technical Training (3MTT) program.
A high-level U.S. government officials would be in Abuja for a conference under the auspices of the U.S.-Nigeria Bi-National Commission.