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60% of Nigerian Pastors computer illiterates

ITREALMS : The National President of the Association of Nigeria Christian Authors and Publishers (ANCAPS), Mr. Wole Adedoyin, has revea...

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Friday, October 20, 2017

60% of Nigerian Pastors computer illiterates

The National President of the Association of Nigeria Christian Authors and Publishers (ANCAPS), Mr. Wole Adedoyin, has revealed that estimated 60 per cent Nigerian pastors are computer and internet illiterates, reports ITRealms.

This, he told ITRealms, is the major reason why Nigerian Pastors are not using computer and internet to evangelize and win more souls to the body of Christ.

ITRealms reports that Adedoyin, who doubles as the National Coordinator of the Computer Guild of Nigeria (CGN)  made this known while unveiling the 2017 winners of ANCAP’s Nigerian Christian Literature Award at the ANCAPS secretariat in Ibadan on Wednesday.

“Blessed Pope John Paul II, in 2002 in his message for the 36thWorld Communication Day asserted that Internet can offer magnificent opportunities for evangelization if used with competence and a clear awareness of its strengths and weaknesses above all by providing information and stirring interest it makes possible an initial encounter with the Christian message. New media, and specifically websites, blogs, and social networking tools such as twitter and face book allow us “to cast wide our nets” like never before. Never in the history of mankind have we had a greater opportunity to evangelize to so many so quickly. Let us “be not afraid to lower our nets through the use of new media and trust in the immense “catch” that God will provide.”

“Presently on 30 per cent of Nigeria Christian Ministers of God are using social media to evangelize. Millions of people use social media every day, many of who are sinners. Many of them post pornography videos and pictures, post hate speeches, gossips and perpetrate many other devilish acts,” he said.

He noted that though some big churches like the Catholic Church, RCCG, Winners Chapel, Deeper Life, GOFAMINT, MFM to mention but few are already utilizing social media for winning souls.

Adedoyin, equally said the body received 15 published Christian books and 7 Christian books in manuscripts format. But after thorough judgments by the selected judges, only 4 books won 4 different awards this year.

The winners, he said, are Mrs. Mbadugha Chigozie Anuli; Winner; Samuel Ajayi Crowther Writers Award, she won with her book “Beyond The Trial”. Miss Akalonu Ndudi Onyinyechukwu; Winner; Mathew Ashimolowo Christian Writers Award, she also won with her book “Not Easy But Gainful Waiting”. Udedike, Peter Chigozie; Winner; 2017 Young Writers Award; won with his book “Voice Of A Suicide and other Stories” and lastly Saint Olawale Jimoh; Winner ; John Bunyan Prize for Best Essay won with a collection of essay book in manuscript format.

He further advised Nigerian evangelists and pastors to embrace internet evangelism by creating Internet/cyber mission department in their churches.

Ogochukwu Nebenanya/GEE 
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Top 3: Kabiru Rabiu makes 2017 “Choiseul 100 Africa” Leaders

The Group Executive Director of Nigeria’s leading conglomerate, BUA Group, Mr. Kabiru Rabiu, has been ranked second, only after Egyptian, Basil El Baz, on the ‘Choiseul 100 Africa’ list of future African Business Leaders by Institut Choiseul, reports ITRealms.
The institute, ITRealms gathered is a renowned French economic and political think-tank based in Paris and conducts ‘Choiseul 100 Africa’ in partnership with a leading publication, Jeune Afrique.
ITRealms reports that the 2017 rankings, boast of only 10 Nigerians, but has Kabiru Rabiu as the only Nigerian in the top 10.
The annual compilation by the French Institute is carried out through an original independent study that identifies profiles and ranks young African business leaders under the age of 40 from any of the 54 countries on the continent across various industries who will play a major role in the development of Africa in the near future.
Also ITRealms gathered that to classify the 100 leaders of tomorrow, the Choiseul Institute, through its panel of experts and specialists uses five sets of criteria: image and reputation, path and skills, power and function, influence and networks, potential and leadership.
These ‘Choiseul 100 Africa’ laureates are growing business leaders, successful entrepreneurs, investors, etc., who embody the dynamism and renewal of a whole continent and carry the hopes of an entire generation.
Other Nigerians on the 2017 list include Akinwunmi Akinfemiwa, Group Chief Executive Officer of Forte Oil at number 34 and Halima Dangote, daughter of the African richest man, Aliko Dangote and Executive Director of the Dangote Industries at 47th position.

An astute but amiable strategist, Kabiru Rabiu joined the family business in 2002 upon the completion of his studies as an Assistant General Manager of Nigerian Oil Mills based in Kano, Nigeria. He rose through the ranks to become the company’s General Manager and later became the Managing Director of BUA Oil Mills, Lagos - then the largest edible oil company in Nigeria.
Chuks Egbune/GEE
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DMO clarifies FG borrowing module for USD5.5bn

The Debt Management Office (DMO) has clarified the plans of the Federal Government to source for capital worth USD5.5 billion, from the International Financial Markets, reports ITRealms.

In a Press Release, made available to ITRealms, the DMO stated that the proposed USD5.5 billion comprises of two components: USD2.5 billion new borrowing and USD3 billion for refinancing.

USD2.5 Billion
The first component of USD2.5 billion, represents new external borrowing provided for in the 2017 Appropriation Act to part finance the deficit in that Budget. It will be recalled that the 2017 Appropriation Act provided for new External Borrowing of N1.067 trillion or USD3.5 billion at an Exchange Rate of USD/N305. Out of this amount, USD300 million has been raised through a Diaspora Bond that was issued in June 2017 leaving a balance of USD3.2 billion out of which USD2.5 billion is to be sourced through a Eurobond Issuance. 

The USD2.5 billion proposed Eurobond, will be used to finance critical road and rail projects included in the 2017 Appropriation Act. Some of the projects are: construction of a Second Runway at the Nnamdi-Azikwe International Airport; rail projects including Lagos-Kano, Calabar-Lagos, Kano-Kaduna, Ajaokuta-Itakpe-Warri, Kaduna-Idu; and the Bodo-Bonny Road with a Bridge across the Opobo Channel.

These infrastructural facilities will lead to job creation and improve the climate for business thereby contributing to economic growth.

USD3 Billion
The DMO also provided further clarifications on the issue of the proposed USD3 billion External Borrowing that will be used to repay some of the existing domestic debt. In the explanation, the DMO stated that this was purely a portfolio restructuring activity that will not result in any increase in the public debt as it is simply an exchange of one type of debt (Domestic) for another (External). The DMO stated that, the Domestic Debt Stock as at June 30, 2017 included about N3.7 trillion of Nigerian Treasury Bills (NTBs) with tenors of less than one year and at interest cost of about 17% p.a.
The short term nature of the NTB stock and the high interest rate, expose the public debt to refinancing risk and high Debt Service Costs. By converting them to External Debt, the tenor will be extended to at least 5 years while the Interest Cost will drop to about 7% p.a. The savings in Debt Service from this exercise is estimated at over N90 billion per annum.

Benefits of these External Capital Raising
i.     Reduce Debt Service
Reduce the Interest Cost of Borrowing as external borrowing in US Dollars is much cheaper at about 7% p.a. compared to up to 17% p.a. in the domestic market.
ii.    Increase Stability in the Debt Stock
Extend the tenor profile of the debt stock as longer-dated External Debt is used to replace short term domestic debt. This would make the debt portfolio more stable, thereby reducing refinancing risk.
iii.   Increase in borrowing space for the private sector
The pressure in the domestic market created by the large government borrowing will be reduced. This will create more space for borrowing by the private sector which will enable them contribute to the growth of the Nigerian economy.
iv.   Increase in Nigeria’s External Reserves
External Borrowing represent foreign currency into the nation’s External Reserve thereby allowing for a stable exchange rate for the Naira.

Other Considerations
The proposed USD2.5 billion new borrowing through Eurobonds to part finance the deficit in the 2017 Appropriation Act and the refinancing of existing domestic debt through external capital raising of USD3 billion, are consistent with Nigeria’s Debt Management Strategy, whose main objective is the increase external financing with a view to rebalancing the public debt portfolio in favour of long-term external financing in order to reduce the cost of debt and lengthen the maturity profile.

The DMO added that in contracting external debt, a conscious effort is made to exhaust all opportunities available from the concessional sources in order to reduce the level of External Debt Service.

Furthermore, all Borrowings are approved by the National Assembly and are included in the Annual Budgets and the Medium Term Expenditure Framework (MTEF).

*Courtesy:  Ifeanyi Omokwe
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Pix: Ms Oniha, DG-DMO

Thursday, October 19, 2017

Spectrum Trading: NCC seeks public comments on guidelines

The Nigerian Communications Commission (NCC) is seeking public comments on the draft guidelines on Spectrum Trading in the country, reports ITRealms.

This, NCC said is in exercise of its functions under the Nigerian Communications Act 2003 and that the draft could be accessed on its website for stakeholders’ comments.

“In accordance with Section 57 of the Nigeria Communications Act 2003, a Public Inquiry in respect of the Draft Guidelines,” NCC management announced.

ITRealms also gathered that the draft would be up for public discuss on Tuesday, October 31, 2017 by 11am at NCC headquarters, Maitama, Abuja.

“All stakeholders are by this notice invited to participate in the Public Inquiry,” a public statement from NCC made available to ITRealms read in part.

Nonye Dom/GEE
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CitiServe launches OrangeBox 7210

The OrangeBox 7210, has been launched by Citiserve, a member of the Vigeo group Limited, to provide electronic business solutions for the industry, reports ITRealms.

Also, OrangeBox 7210, ITRealms gathered, is a technology that enables distribution company with focus on enterprise solutions and payment services that make life easier.

“It provides e-business solutions for the industry, developing applications for e-transactions, bill payments and numerous value added services. This in turn provides income, facilitates cashless payments via bank cards on the PoS and other touch points,” officials revealed to ITRealms.

CitiServe has been described by a section of industry observers as a dominant payment and distribution platform for products and services. They achieved this status by offering radically superior value for stakeholders in terms of product service, delivery and speed. This belief and achievement is conspicuously embedded in their vision.

The OrangeBox, ITRealms equally gathered, had introduced in 2011, a part of Central Bank of Nigeria cashless roll-out, is the preferred POS terminal modeled for the climate of Nigeria with its strong external shell for accidental drop. It has a very strong transceiver to pick weak signals for GPRS networks (MTN, Etisalat, Glo, and Airtel) with options for other POS communication including Wi-Fi, LAN and dual SIM.

Nonye Dom/GEE
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Wednesday, October 18, 2017

Broadband forum 2017: Operators hail next-generation technologies

The next-generation fiber technologies such as NG-PON2 has been identified as a paradigm shift in the access space and a more certain path towards long-term success, reports ITRealms.

According to the Director, Technology at Verizon, Vincent O’Byrne, this would be explored by the Broadband Forum’s Access Summit, which features operators and manufacturers, as well as industry insight from Light Reading, IHS and the Fiber Broadband Association.

Taking place at Broadband World Forum, at the Messe Berlin, on Tuesday, October 24, the agenda features O’Byrne who will explain how the fiber access space is constantly evolving, with emerging PON technology providing solutions to some of the issues around cost and reliability.

“Technologies such as NG-PON2 present exciting new opportunities for vendors, such as delivering residential and business services on multiple wavelengths over the same fiber,” said O’Byrne. “Not only does NG-PON2 parse business and residential customer traffic to isolate and resolve potential problems in the network, it can also scale to achieve speeds of 40 Gbps and above.”

Delegates attending the summit will hear how some of the Broadband Forum’s current projects relate to this need, with its NG-PON2 Council working to accelerate adoption of the technology.

Additional topics that will be covered include Gfast, the gigabit society, Access 4.0, Fiber to the Distribution Point and the role virtualization has to play in the next generation of networks.

Bernd Hesse, Chair of the Broadband Access Summit Event and Senior Director Technology Development at Calix, said: “We will be exploring NG-PON2 in depth and the use cases that underpin the decisions to deploy them. I look forward to the debate, hearing from the experts in the industry and welcoming the community to these new Forum events.”

Chuks Egbune/GEE

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Court Judgement: NLNG requests $315m debt from NIMASA

The management of Nigerian Liquefied Natural Gas (NLNG) has formally applied for the sum of $315,598,823.29, the judgment debt to the Nigerian Maritime Administration and Safety Agency (NIMASA), reports ITRealms.

This follows the recent judgement on October 3, 2017 by the Federal High Court in Lagos in favour of NLNG and against NIMASA, and that all such payments already made by NLNG to NIMASA should be refunded immediately.

The sum, ITRealms reports, represents the payments made under protest to NIMASA by NLNG since 2013, via direct and shipping losses incurred by NLNG due to the initial 2-day blockade of the Bonny Channel by NIMASA in May 2013.

The Court Presided over by Hon. Justice M. B. Idris had held that NIMASA was wrong in blocking the Bonny Channel for the purpose of enforcing the payments against NLNG.

Commenting on the development, General Manager External Relations of NLNG, Dr. Kudo Eresia-Eke described the Federal High Court ruling transcending above simply but legal victory for NLNG.

“It must be viewed for what it really is: A resounding message from Nigeria to the global investment community. The message is that we can be trusted to keep our sovereign word and that Nigeria remains open for business, partnership and investments,” he said.

Uboshe Uboshe/GEE
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Laptop battery to last longer: The 5 ways

We have all been in that position where our laptop battery starts to malfunction; that moment when a 10-hour battery life device depreciates to serving you for one hour or less. Insight from the Research and Development Unit of Yudala, Nigeria’s fastest growing composite e-commerce outfit, shows that while laptop batteries often depreciate with constant use over time, misuse or wrong usage often leads to this happening within a short period of time and at a time when you should still be deriving optimum utility from your laptop battery.

Laptop batteries are usually made from lithium-ion: a lightweight, high-power battery often used in computers and mobile phones. Lithium-ion batteries come in various shapes, although a flat rectangle is most common in smartphones. It is lighter than the nickel cadmium battery and the nickel metal-hydride battery, thus accounting for its lightweight nature. Lithium-ion batteries work by the movement of lithium ions through a membrane and are clearly different from lithium batteries.

Whereas lithium batteries contain lithium metal and are not rechargeable, lithium-ion batteries do not contain lithium metal and are rechargeable.

However, lithium-ion batteries do not last forever. Each lithium-ion battery will have an average of 600 charge cycles and will work optimally for about 4-5 years without a drastic depreciation on battery life. Hence, your laptop battery should serve you well for at least 3-4 years depending on how frequently you use the device and recharge the battery.

Research shows that frequent travelers only get a couple of years out of their laptop battery because they tend to charge intermittently and keep their laptop unplugged when on the move which kills the laptop battery faster.  

To help you get maximum life out of your laptop battery, the following tips from Yudala will go a long way in helping you save the cost of investing in a new battery at short intervals:

1.Avoid putting your laptop on soft surfaces: It is easy to place your laptop on your thighs or bed while working at home or during your rest time. Many of us are guilty of this. However, if you need your battery to last long or have a stronger life span, it is advisable to place the device on hard surfaces such as tables or desks in order to avoid over-heating. Research has shown that heat is one of the biggest obstacles to your battery’s longevity because your laptop fan can’t circulate air properly when your laptop is placed on a soft surface.

2.Be careful how you store your laptop battery: This cannot be over-emphasized. It is advisable to store your laptop in a cool place with less heat. This tip is directed especially at people who keep their laptops in their cars where it can get really hot when it’s sunny. Laptop batteries do not work well with heat and might stop working if exposed to excessive humidity. Research shows that, if a stored battery is not charged, it starts to lose it energy and might get damaged. Also, for travelers who leave their laptops behind, it is advisable to store your battery with a 40 - 60% charge instead of a full charge. Study shows that fully charged batteries depreciate faster than half-charged batteries.

3.Do not leave your laptop dead before plugging it in: There is said to be a problem called ‘battery memory’ which, cause batteries to ‘forget’ their full charge capacity and start charging at lower levels; charging to 100% and discharging to 0%. Current research indicates that this problem doesn’t exist anymore and we have the modern lithium-ion battery to thank for that. It is important to point out that the problem here is not over-charging your laptop, which makes us believe that letting your battery charge more than 100 percent will make the battery wear out faster. A research study by Battery University shows that, modern devices are designed to stop charging at 100 per cent hence, keeping them plugged in doesn’t impact the battery’s lifespan. However, a lot of us wait until our laptop dies before we plug it in, which isn’t good for our battery. You should avoid letting your battery drain and discharge below 20 per cent, else, it would reduce the charging capacity of your battery.

4.Show your laptop some love: This starts with your battery. Your battery is the powerhouse of your laptop. Abandoning your laptop battery and just letting it do its job without paying much attention to it won’t cut it. Make sure to take care of the battery contact points; the battery contact connects the battery to the laptop. If the contact point gets dirty or damaged, it may reduce or disrupt the flow of power to the laptop.  If you have a removable battery, you can carefully wipe your battery with a soft cloth to get rid of dust. However, you have nothing to worry about if your laptop battery is sealed.

5.Update your laptop: As underrated as this may sound, an outdated hardware may reduce the performance of your laptop thereby affecting the laptop battery. The cells in laptop batteries degrade over time, and it is totally normal for old laptop batteries to hold charge less than an hour. Current laptops can achieve up to 10 hours of standard usage because of the software that comes with the perk of a new laptop. Henceforth, upgrading your laptop hardware will significantly improve your laptop battery life.

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Tuesday, October 17, 2017

CYSEC-NG 2017: Cyber Security experts converge in Lagos

The 2017 edition of the Cyber Security Challenge Nigeria (CYSEC NG), would gather cyber security experts for two days in Lagos, reports ITRealms.

The event, ITRealms gathered is being being organised by Upgraded Era Solutions at the Civic Centre, Victoria Island, Lagos, between October 25 and 26 2017, in collaboration and partnership with government and non-government agencies.

ITRealms recalled that last year, the maiden edition of the conference and Hackathon competition, saw stakeholders from National Information Technology Development Agency (NITDA), International Institute of Professional Security (IIPS), Centre for Strategic Cyberspace + Security Science (CSCSS), The Nigerian police, Wanoster, British High Commission, Afrocet Montgomery of Securex West Africa, Lagos State Government, financial institutions, Academic institutions, Directors, CEOs, GMs, IT department heads, Digital Forensic Investigators, hackers, Penetration Testers, Leading Industry Vendors and many more. During its 2-day duration, over 500 guests comprising techpreneurs, key IT personnel from different companies, students, and international IT investors were in attendance live and via our online channels.

Affirming this, the Managing Director of Upgraded Era Solutions, Mr Victor Idonor, notes that building on the success of its debut edition, and continuing with its objective to building a viable IT/ cyber security professional base for Nigeria, Cyber Security Challenge will host a wider scope of prestigious experts from more agencies, organizations and notable passionate individuals including the Wali of Borno State.

This year, CYSEC NG will also feature the launching of its big project tagged: ‘Green shield for Nigeria’s cyber space’, industry experts’ like presentations on cyber security latest trends and way forward as it relates to the theme of the event. In addition, the cyber security conference and hackathon will see the return of battle for tje Ultimate CYSECA - a high level hacking competition where qualified participants lurks horns for grand cash prizes.

Idonor said, “Our maiden conference in 2016 was an exciting one and a huge success that validated our commitment to further create this platform for connecting Nigeria’s best and brightest to the cyber security industry. Bring together all stakeholders in the I.T security industry to deliberate the most logical way to address the forever growing cybercrime wave recorded within and outside Nigeria.

In an interview session during CYSEC NG 2016 with the Assistant Commissioner of Police for Lagos state, ACP. Johnson W. Adenola in his declared, he saw the conference as a novel idea, an excellent initiative by Upgraded Era, considering the issues raised, it will benefit the Nigerian society as a whole.

“We of the Nigerian Police Force have a lot to benefit from this and will like to take it up from here,” he said.

Stressing that the dimension of Cybercrime in the country is unimaginable and assured of police leadership willingliness to partner with Upgraded Era and looking up to more collaboration with the CYSEC NG body.

Chuks Egbune/GEE
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U-Report reaches 2m Nigerians

The UNICEF’s unique social media platform to engage with communities on issues that affect them, known as U-Report, now has over 2 million registered responders in Nigeria, reports ITRealms.

U-Report uses simple Short Message Service (SMS) messages and social media to reach communities around the country and provides an opportunity for community members to share their opinions and drive positive change. U-Report relies on volunteer community members, mostly young people, serving as U-Reporters to provide information through conducting polls on issues that affect their communities. It is also an important tool for sharing information through message alerts.

Including the more than 2 million Nigeria U-Reporters, the U-Report platform reaches communities in 39 countries around the world and has grown to almost 4 million since it was first launched in 2011.

The first U-Report poll in Nigeria was sent out in April 2014 and since then, 169 polls have been run and more than 150 alerts issued on the Nigerian U-Report platform in Hausa, Yoruba, Igbo, Pidgin and English. The topics include health, education, safety and security, Internally Displaced Persons, water and sanitation and violence against children, with results disseminated to Government and other relevant agencies.

Since its inception in Nigeria, UNICEF’s main partner on U-Report has been National Youth Service Corps (NYSC) which has been a key player in the recruitment of responders. All states in Nigeria are represented on the platform, with the highest number of U-Reporters registered in Jigawa state.

Uboshe Uboshe/GEE
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ICANN60: Global Internet Stakeholders head to Abu Dhabi

All is now set for the 60th public meeting of the Internet Corporation for Assigned Names and Numbers (ICANN) tagged ‘ICANN60’ slated to hold in the Abu Dhabi National Exhibition Centre from 28 October to 3 November, reports ITRealms.

ICANN60, ITRealms gathered, is hosted by the Telecommunications Regulatory Authority (TRA) of the United Arab Emirates (UAE).

ITRealms reports that the meeting will bring together global stakeholders from government, business, civil society, non-government organizations, research institutions, technical communities and others. The sessions will enable discussions on a broad range of Internet-related topics and inform the audience on latest issues of concern to the stakeholders. The meeting will be a platform for developing policies for the Domain Name System.

The opening ceremony, ITRealms also gathered has been billed for 30 October, with H.E. Hamad Obaid Al Mansoori, Director General of the Telecommunications Regulatory Authority (TRA) of UAE, ICANN Board Chair Dr. Stephen Crocker and ICANN President and CEO Göran Marby addressing the audience.

“They will provide a high-level overview of what is expected to take place throughout the meeting,” said Luna Madi, Communications Director for ICANN at Europe, Middle East and Africa.

Chuks Egbune/GEE
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Africa Week 2017: Opportunity abound in Africa says Guterres

The Secretary-General of the United Nations, Mr António Guterres, has urged the international community to change the way they look at Africa, reports ITRealms.
In his opening remarks to the Africa Week in New York on Monday, Mr. Guterres described Africa as a place of opportunity.

ITRealms reports that Africa Week commenced with a high level event on “Supporting an Integrated, Prosperous, People-Centred and Peaceful Africa: Towards the Implementation of Agenda 2063 and the 2030 Agenda for Sustainable Development.”

Also, ITRealms gathered, that the rationale for this year’s theme for a prosperous African continent is one where different national economies are seamlessly integrated and the economic and social participation of all citizens is guaranteed and promoted. Governments and partners were therefore urged to work to ensure an environment in which entrepreneurship takes root and flourishes, as a means to stimulate economic growth and with a focus on peace and security.

Equally in his remarks, the Acting Special Adviser on Africa, Mr David Mehdi Hamam, pointed out that the UN agenda is central for Africa’s prosperity and peace.

“The question is not whether Africa can achieve its goals, but rather how we can facilitate the continent’s partnerships to achieve these goals. Africa is progressively overcoming its challenges towards the Africa We Want leading up to the World We Want,” Hamam said.

In the same light, Mr Miroslav Lajčák, President of the 72nd Session of the UN General Assembly reiterated that, “Africa is rising. The World Bank has confirmed that after a period of stagnation, growth on the continent is on the up-swing. Africa is taking charge of its own development.”

The Commissioner for Economic Affairs at the African Union Commission, Prof Victor Harison, stated that achievements in Africa include implementation of the First Ten Year Plan of Agenda towards integration. 

“Industrialisation must spearhead development and rural infrastructure development will lead to greater transformation,’ Prof Harison said.

In addition the chief executive of NEPAD Agency, Dr Ibrahim Assane Mayaki, focused on what not to do in order for Africa’s transformation to be realized, stressing on the need for countries not to implement solutions that contradict regional priorities, if integration is to be attained.

With regards to people-centred transformation, Dr Mayaki called for the broadening of partnerships, that is, governments, private sector and civil society. In order to realise a peaceful continent, he emphasised on the need for raising sufficient levels of youth employment through labour intensive industries, coupled with inclusive governance.

Prof Mahamoud Youssouf Khayal, Chairperson, African Peer Review Panel of Eminent Persons, underscored the fact that both Agenda 2063 and 2030 Agenda are people centred, and the African Peer Review Mechanism for Africa is also people centred.

Ms Chinwe Esimai, Managing Director and Chief Anti-Bribery and Corruption Officer,
Citibank, made the point that through Agenda 2063, technology and innovations have the potential to root out corruption and contribute to prosperity.

The events of Africa Week present an opportunity for open discussion on issues that are in line with the implementation of goals set out in the African Union’s Agenda 2063 and the 2030 Agenda for Sustainable Development. These two Agendas are mutually reinforcing as they focus attention on inclusive and sustainable structural transformation across all dimensions of sustainability including governance, peace and security and sustainable development.

Nonye Dom/GEE
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Banks must absorb fintech innovations – Okere

The founder of Computer Warehouse Group (CWG) and Entrepreneur in Resident at Columbia Business School, New York, Mr. Austin Okere has said that banks must absorb financial technology innovations to remain relevant, reports ITRealms.

Speaking at the third quarterly forum of the Nigeria Information Technology Reporters Association (NITRA) in Lagos, at the weekend, Mr. Okere said banks must wear a new look in much the same way that retail did with the advent of electronic commerce (e-commerce).

This, he said, would afford banks to absorb fintech innovations currently blossoming globally and also improve the value chain by way of enhancing customer experience.

Okere, who also is a member of the World Economic Forum Global Agenda Council on Innovation and Intrapreneurship, emphatically said that banks and financial technology (FinTech) must collaborate for mutual benefit.

“Fintech companies in emerging markets have shown that with the right technology, it is possible to leapfrog to new forms of banking. Truth be told, Banks are best placed to continue to influence the future of Financial Services because of their huge branch network, solid reputations, and risk controls, as well as years of customer cultivation and loyalty,” he said.

Further, Okere pointed out that banks however, have to radically change the ‘we win when you lose’ mind-set, considering that credit card customers who default on payments have their interest rates hiked to the extent of repaying £2.50 for every £1 borrowed as revealed in a report by the Financial Services Authority in the U.K.

“This hardly fosters an endearing partnership,” he warned.

Earlier, NITRA chairman, Emma Okonji, welcomed participants to the third edition, noting that the forum was set up to avail stakeholders opportunity to interact with IT reporters in the country in the last four years, since its inception and solicited for more industry collaborations.

The forum was attended by the chairman, Conferences at Nigeria Computer Society (NCS), Jide Awe; Executive Secretary, Association of Licensed Telecommunications Operators of Nigeria (ALTON), Gbolahan Awonuga; Managing Director, Global Accelerex, Tunde Ogungbade and  Divisional Head, Electronic Banking, Fidelity Bank, Ifeoma Onibuje.

Also in attendance included the President, Institute of Software Professionals of Nigeria (ISPON), Olorogun James Emadoye, and his counterpart at the Nigeria Internet Registration Association (NIRA) Mr. Sunday Afolayan, among others.

Uju N. Dominic/GEE

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L-R: Jide Awe, Chairman, Conferences, NCS; Gbolahan Awonuga, Executive Secretary, ALTON; Tunde Ogungbade, Managing Director, Global Accelerex;  Ifeoma Onibuje, Divisional Head, Electronic Banking, Fidelity Bank; Emma Okonji, Chairman, NITRA; Austin Okere, Vice Chairman, CWG Plc; James Emadoye, President, ISPON and Sunday Afolayan, President, NiRA at the 3rd Quarterly Forum organised by Nigeria Information Technology Reporters’ Association held in Ikeja, Lagos.

Nwankwo Kanu unveils N1bn jackpot lotto to support Heart Foundation

Nigerian football legend, Nwankwo Kanu has unveild N1 billion jackpot lotto to support the Kanu Heart Foundation (KHF), reports ITRealms.

KHF, ITRealms gathered, since inception in 2000, has assisted people from all walks of life beyond Nigeria, and paid for 538 children to be treated at facilities throughout the world, even as Kanu, also a philanthropist has help to build a specialist cardiac hospital in Abuja.

The KHF lotto, ITRealms also gathered offers a jackpot starting at N1bn in conjunction with AfroMillonsLotto, which promises to twice-weekly draws with bigger jackpots than all the lotteries in Nigeria combined, as well as being the largest jackpot anywhere in Africa. 

Just as 20 per cent of every ticket sold will go directly to KHF to help it continue work by ensuring underprivileged children across Africa with heart problems get the treatment they deserved.

Kanu said “We are excited to launch this major fund-raising initiative for the Kanu Heart Foundation and hope people support it by buying tickets, helping us to build a new heart hospital for Nigeria."

He reassured that "Not only could people change their own life with the potential to win the jackpot of over N1 billion, they can help to change the lives of other people by supporting our Foundation."

ITRealms reports that the first KHF.AfroMillionsLotto.com draw takes place on Wednesday 18th October and the website also offers nine, ‘Candy Crush’ style, Instant Win games, which could be played for fun or to win cash prizes of up to N12 million. If there isn’t a jackpot winner, the prize money rolls over, increasing by N100 million with each draw until it reaches a maximum of over N2 billion.

He called on those who would like to support KHF, to visit KHF.AfroMillionsLotto.com and give their selves the chance to win a life-changing prize whilst supporting a worthy cause at the same time.

Banji Boye/GEE 
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Monday, October 16, 2017

INTERPOL, Kaspersky enter deal to strengthen threat intelligence exchange

The Kaspersky Lab has reiterated commitment to global collaboration in the fight against cybercrime by signing a threat intelligence sharing agreement with INTERPOL, reports ITRealms.

The legal framework, ITRealms gathered has been designed to facilitate and develop cooperation between Kaspersky Lab and INTERPOL by sharing threat intelligence data on the latest cybercriminal activities, wherever they appear.

ITRealms reports that with cyber threats often borderless in nature, Kaspersky Lab, a leading proponent of the importance of industry collaboration, says its experts have regularly cooperated with INTERPOL to share fresh cyberthreat discoveries with police in its member countries.

For example, Kaspersky Lab participated in a groundbreaking INTERPOL-led cybercrime operation that identified nearly 9,000 botnet command and control (C2) servers and hundreds of compromised websites, including government portals, across the Association of Southeast Asian Nations (ASEAN) region.

Equally, ITRealms  reports that Kaspersky Lab had previously assisted in a global operation coordinated by the INTERPOL Global Complex for Innovation (IGCI) in Singapore to disrupt the Simda criminal botnet – a network of over 770,000 infected PCs around the world.

Chuks Egbune/GEE
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$109bn market: Angonix, i3D.net in remote peering deal

The Angola’s largest Internet Exchange Point (IXP), Angonix has welcomed i3D.net as its first remote peering customer, in anticipation of exploring the $109bn online gaming market, reports ITRealms.

i3D.net, ITRealms gathered is a managed hosting provider specialising in online gaming that hosts tens of millions of players for game publishers on the Microsoft Xbox and Sony PlayStation networks. i3D.net joined 17 other companies at Angonix, Africa’s third largest IXP.

The Project Manager at Angonix, Darwin Da Costa, said that with the ‘Remote Peering’ services from Angola Cables, online gamers in Angola will enjoy an improved gaming experience with a much reduced latency.

“It is the first phase as we look forward to eventually having i3D.net establish a local infrastructure in the country” Da Costa said.

ITRealms also reports that this year, global revenues in the games market including Massively Multiplayer Online (MMO) games that support thousands of players at a time playing over the Internet – will total $109 billion, a growth of 56 per cent over the past five years.

This, industry observers noted accounts for the majority of the online gaming market, MMOs are expected to have a value of $27 Billion (USD) by 2025.

“Whether on smartphones, PCs or consoles, the growth of the global online gaming market is expected to consistently be above 10 per cent until 2023 with the availability of better gaming infrastructure as one of the primary drivers propelling the growth prospects of this market,” according to Technavio.

“i3D.net provides services to a variety of online video gaming publishers, aggregating a large number of games that can be played on our infrastructure. We are always working to bring content as close to the end user as technically possible and welcome the opportunity to partner with Angola Cables and the Angonix Internet Exchange Point. i3D.net continues to build a stronger presence in Africa as one of the few truly global providers with extensive local presence throughout the African continent,” i3D.net CEO Stijn Koster said.

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