" ITREALMS: 2018

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From Malta to Marriott: IPv6 Council Nigeria inauguration solidifies 16-yr path to digital sovereignty - ITREALMS

PR@ITREALMS ... making leadership SENSE with digital news! LAGOS, Nigeria — The formal inauguration of the IPv6 Council Nigeria by the Nige...

Showing posts with label 2018. Show all posts
Showing posts with label 2018. Show all posts

Monday, December 10, 2018

Stage is set for Africa eCommerce 2018, Kenya agog - ITREALMS

The United Nations body responsible for helping leverage on trades, the Conference on Trade and Development (UNCTAD) has concluded plans to host the maiden edition of the Africa eCommerce Week in Nairobi, Kenya, reports ITREALMS.

The week-long event which opens today, Monday is to last till Friday, December 14, in what has been classified as the first regional incarnation of UNCTAD’s global eCommerce Week, held annually in Geneva.
ITREALMS reports that under the theme “Empowering African Economies in the Digital Era”, Africa eCommerce Week is a response to the growing demand for e-commerce dialogues, as the digital and mobile revolution continues apace.

It comes at an opportune moment, given that the international community, regional organizations, and individual countries are exploring ways to advance development gains from the digital economy and thereby help achieve the ambition of the 2030 Agenda for Sustainable Development.

Moreover, the landmark African Continental Free Trade Agreement, signed in March this year, is expected to have a positive impact on intra-African trade. As trade increasingly moves online, there is a growing need to discuss the implications of e-commerce for African economies.

Already, in 2017, Africa had 21 million online shoppers – showing the enormous potential of the African e-commerce marketplace.

“Turning this tremendous opportunity into inclusive development requires a massive effort on the part of all of us – in Africa and beyond,” said UNCTAD Secretary-General Mukhisa Kituyi.

“We are at critical juncture – and that it is why UNCTAD decided to have a meeting in Africa, for Africa and by Africa, focused on harnessing the potential of digitalization and the mobile revolution.”


Chuks Egbune/GEE

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Wednesday, October 31, 2018

Quardri wins 2018 Cycling Lagos 2018 - ITREALMS

ITREALMS:

Ace cyclist, Ajibade Quadri on Saturday won the 2018 edition of Cycling Lagos as the Honourable Minister of Transport, Mr. Rotimi Amaechi was in Lagos to participate in the Celebrity race, reports  ITREALMS.

Quadri at the highly contested event beat his close rivals Fasima Samuel and Afis Bakare to emerge winner of an event that has been described as one the biggest cycling events in Nigeria and across Africa in recent time.

The 65km race which took off from the Teslim Balogun Stadium, went through Ikorodu road, Third Mainland Bridge to Civic center and terminated at the Stadium.

The Honourable Minister Mr. Rotimi Amaechi who was officially represented by the Senior Mechanical Engineer, Road Transport and Mass Transit Administration, Ministry of Transport, Mr. Timothy Adeleke congratulated the organizers for staging an event that will impact positively on the nation’s transport system and enhance healthy living among Nigerians.

Chairman, Cycling Lagos, Mr. Soji Adeleye in his remarks reaffirmed the commitment of the organizers in entrenching cycling culture in Nigeria.

Adeleye who described the Cycling Lagos as the beginning of good things for cycling in Nigeria and across Africa called on corporate organsations and other stakeholders to support cycling for its health benefits and contribution to a greener environment and future sustainable development.

“It is important to note that cycling, through the Cycling Lagos event is gradually getting the attention of the people in government, but we still have a long way to go in ensuring that corporate organizations and governments take up cycling as corporate social responsibility for its health benefits and contribution to a greener environment and future sustainable development in the country,” he said.

Quadri, a winner at several cycling competitions in Nigeria and across Africa thanked the organizers for putting together a great event. He encouraged them to do more in promoting cycling in Nigeria.

It will be recalled that the Grand Finale of Cycling Lagos earlier scheduled for August 25, 2018 was postponed due to the closure of the Lagos Third Mainland Bridge on that date. The cycling competition has earlier witnessed the Tour of Lagos and the Children Race as part for activities for the event.

Cycling Lagos is being partnered by Lagos State Government, DSTV, Leadway Assurance, World Stage Limited, Cool FM, Access Bank, JAC Motors, Simba Group, Eko Hotel & Suites and Addefort Limited

Banjo Bayo/GEE

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Pix 1: L-R; Major General Shina Ogunbiyi (Ret.); first runner up winner of Cycling Lagos 2018, Fasima Samuel; winner of Cycling Lagos 2018, Ajibade Quadri; second runner up winner, Afis Bakare and Chairman, Cycling Lagos, Mr. Soji Adeleye at the grand finale of the Cycling Lagos event on Saturday

Friday, September 21, 2018

Osun 2018 Governorship election foretold - ITREALMS



Osun is topping the headlines as the governorship race hits the top gear. The ruling party is striving to retain power, while the opposition is struggling to regain it. The state has been electrified with political campaigns, unfulfillable electoral promises, freebies and rallies. The masses our politicians usually regard as unimportant has abruptly become the most important. The helmsmen and statesmen Osun people rarely see are now knocking on their doors daily to plead for votes. Davido is singing, but the terpsichorean Senator Adeleke is no longer dancing. Unpaid workers are suddenly being paid. Every candidate is acting cautiously in order to earn the highest votes on Saturday, 22 September, 2018.

Forty-eight political parties presented candidates, but the leading contenders, not listed in order of political strengths, are Fatai Akinbade for the Advanced Democratic Congress (ADC); Moshood Adeoti for the Action Democratic Party (ADP); Gboyega Oyetola for the All Progressives Congress (APC); Ademola Adeleke for the People’s Democratic Party (PDP); and Iyiola Omisore for the Social Democratic Party (SDP). Though many Nigerians think the PDP and APC candidates have an edge, the other three candidates are like the biblical David; underrating them is risky as they may spin a surprise.

This election is the most keenly contested governorship poll in Osun State. All the five major candidates are strong political figures with vast experience and a formidable support base. ADC’s Akinbade is a former state party chairman and ex-governorship aspirant under the PDP. He is also a former secretary to the Osun State government. ADP’s Adeoti is an ex-councilor, and former state party chairman of the defunct Action Congress (AC) and the Action Congress of Nigeria (ACN). He is also the immediate past secretary to the state government (SSG). APC’s Gboyega Oyetola is the immediate past chief-of-staff to the state government. PDP’s Adeleke is a serving senator representing the Osun-west senatorial district of the state. And SDP’s Omisore is an ex-senator and former deputy governor of the state.

Voter’s decision in the Osun election would be determined by a lot of factors. The ethnic politics being played at the federal level and other states of the federation is also reigning in Osun. ADP’s Adeoti has been playing the ethnic card. He is vigorously campaigning that the - unconstitutional but - conventional rule of rotating governorship position among the three senatorial zones of the state has been violated. Adeoti argues that since Nigeria returned to democratic rule in 1999, only the Osun-West senatorial district is yet to produce a governor out of the three districts in the state.

The Osun-Central senatorial district produced Bisi Akande (1999-2003) and Olagunsoye Oyinlola (2003-2010). Both cumulatively ruled the state for over eleven years. The incumbent governor Rauf Aregbesola (2010-2018) comes from the Osun-East Senatorial district. Adeoti - who was a key member of the APC before decamping to the ADP - is aggrieved that the APC picked Oyetola, from the Osun-Central senatorial district, as her governorship candidate. Adeoti argues that the party’s ticket should have been given to someone, preferably him, from the Osun-West senatorial district. Ethnic affiliation controls voter’s emotion in Nigerian elections. Adeoti’s anti-marginalization campaign strategy may have earned him substantial votes in his constituency, the Osun-West senatorial district, but PDP’s Adeleke and SDP’s Omisore are also from this constituency.

Omisore, has many supporters, loyalists and admirers in the Ife areas. Ife-Central and Ife-East has the highest number of registered voters after Osogbo, the state capital. Omisore will earn substantial votes in the Ife regions, but not as he did in 2014 when he lost to incumbent governor Aregbesola. The party he contested under in 2014, the PDP, has a better structure and membership than his current party, the SDP. Under the PDP, Omisore came second in the 2014 election with over 200,000 votes in less than seven local governments.

Omisore’s governorship ambition is plagued by negative public opinions. Majority of the Osun population believes he ordered the assault on late Senator Isiaka Adeleke when they were both competing for the PDP governorship ticket in 2014. Omisore also has also been unable to erase the public perception that he is complicit in the assassination of Bola Ige, Nigeria’s ex-Attorney General. Even though Omisore has been tried and acquitted, his political opponents still raise the dust on Ige’s assassination during election season. As a veteran contestant with political structures across the state’s 30 local governments, Omisore’s accrued votes will predictably rank him among the top three, but may not earn him a win.

The ADC candidate, Fatai Akinbade, is not less good for the job, but he has a slim chance. His major backbone are yesterday’s men – former governor Olagunsoye Oyinlola and ex-president Olusegun Obasanjo. The duo’s power and capacity have diminished so much that their lead backing can’t earn Akinbade a win. Obasanjo and Oyinlola are still influential, but their endorsement is just that extra support every candidate needs, they are not a strong winning determinant. Moreover, Akinbade scored below 10,000 votes when he was the governorship candidate of the Labour Party in 2014. In this election, Akinbade’s sole aim may be to frustrate the winning chance of the PDP, the party he recently left when he couldn’t secure the governorship ticket.

PDP’s Ademola Adeleke has a bright chance in this election, but he needs to make last minute efforts to further convince the voters that he has the intellectual ability to govern Osun, despite being less educated. The opposition is making political gains from Adeleke’s insufficient education and such may affect his victory. Nevertheless, Nigerians currently place less priority on the educational qualification of electoral candidates. Adeleke’s inadequate education may not affect his chances considering that Nigerians sacked Dr Goodluck Jonathan and elected a less educated Muhammadu Buhari as president in 2015.

The police on 19 September, 2018 invited Adeleke for arraignment over allegations that he was involved in examination malpractice and criminal conspiracy during the NECO examination he registered for in 2016. The presidency has reportedly instructed the police to stay action till after the election. President Buhari’s action on Adeleke’s case is constructive and highly commendable. But then again, Adeleke’s tribulation is a lesson that one must always plan for the future and education is the master key. The predicament of Adeleke, Davido’s uncle, may have influenced the famous singer to enroll for the mandatory NYSC scheme after graduating.

Adeleke won the last major election in Osun state to become a senator, after the death of his brother. If Adeleke has maintained a good relationship with the population that gave him sympathy votes during his senatorial election, he would earn more votes than the other candidates in Osun-West senatorial district. Adeleke’s chance of winning would have fade off if he had not reconciled with Dr Akin Ogunbiyi, his main rival during the PDP governorship primary election. The outcome of the same primary saw Akinbade pulling out to pick ADC’s governorship ticket. For Adeleke to have a comfortable lead, he must convince some of the PDP defector’s supporters, in the camp of Akinbade and Omisore, to vote for the PDP.

APC’s Gboyega Oyetola have almost all it takes to win the election. He belongs to the ruling party in control of the other five states in the Southwest. He’s a brilliant administrator with vast knowledge of Osun politics, having run the state with governor Aregbesola for over seven years, as his chief-of-staff. Oyetola is a viable instrument of continuity and the electorates would thumb him, if they are satisfied with Aregbesola’s performance. Oyetola also have the federal might which can technically manage the election in his favor. In addition, Oyetola enjoys the backing of Bola Tinubu – the man whose raging political sagacity has installed governors and sacked then president Goodluck Jonathan. Despite all this election winning essentials, Oyetola may not win. His victory is being caged by controversies and intra-party conflict.

Oyetola’s emergence as governorship candidate nearly shattered the APC. The party chieftains had initially zoned the governorship ticket to Osun-West district, but later abandoned the arrangement to back Oyetola from the Osun-Central district that has governed the state for almost 12 years. Although Oyetola emerged through a direct primary process, other contenders believe his emergence was based on the overbearing influence of his cousin, Bola Tinubu. This triggered disaffections, protests and the exit of influential figures from the APC. The party lost Moshood Adeoti, the immediate past SSG and current candidate of the ADP.

APC also lost Senator Bayo Salami; eleven aggrieved members of the State Working Committee; the ex-Commissioner for Information and Strategy, Hon. Sunday Akere; and the ex-Commissioner for Finance, Budget and Economic Planning, Dr Wale Bolorunduro. Chairman of the Osun State Local Government Service Commission, Dr Peter Babalola also decamped. Other notable defectors are members of the state house of assembly representing Ede North, Iwo and Ilesa-West, which is the incumbent governor’s constituency. Ex-governor Oyinlola also defected from the APC to ADC before the primary. Politics is an all-inclusive sport. The exit of these persons and their supporters would have a significant damaging effect on Oyetola’s votes.

Such happened recently in Ekiti State. The ruling Ekiti PDP lost its heavyweights after Governor Fayose’s deputy, Kolapo Olushola, became the governorship candidate. Notables such as Prince Dayo Adeyeye and Senator Fatimah Raji-Rasaki decamped from the PDP to the APC. The ruling party later lost the election. APC’s Kayode Fayemi defeated PDP’s Kolapo Olushola with about 20,000 votes. Fayemi wouldn’t have got the winning votes if the PDP bigwigs didn’t decamp to the APC.

Another count against Oyetola is the populace perception that he’s another Lagos importee and Tinubu’s stooge, like Aregbesola. Some of the voters see thumbing Oyetola as licensing Tinubu to rule the state by proxy. APC’s victory partly depends on Oyetola’s ability to shred this notion. Efforts to convince the electorates might end up being unfruitful based on the recent happenings in Lagos. Tinubu’s obsessiveness, dictatorial tendencies, and alleged resistance to Governor Ambode’s reelection bid might make Osun people reject Oyetola, who is Tinubu’s cousin. Tinubu has many electable brains, far-reaching networks and large followers, but his take-it-all syndrome and godfather politics is making him lose the admiration of many. Nobody in Nigeria today, not even President Buhari, has made godfather politics obvious like Tinubu.

Aregbesola’s effort in the provision of infrastructure is commendable, but his inability to pay workers salary may deny Oyetola victory. Osun is a downright civil servants state and the non-payment of salaries, pensions and arrears has immensely affected the living standards of not just the civil servants alone, but the entire residents of the state. The working population may decide to deny APC their votes and that of their friends, families and associates. A similar situation made PDP lose the recent governorship election in Ekiti.

Osun election is a crucial way of testing the credibility of the recently concluded Ekiti governorship election. A comparative study of pre-election periods in Ekiti and Osun state exposed that all the factors that made PDP lose in Ekiti are present in Osun. Both states have incumbent two-term governors who cannot seek reelection, but wish to install their choice successor. Both the ruling Ekiti PDP and the ruling Osun APC presented top serving government officials as gubernatorial candidates. Both the ruling Ekiti PDP and the ruling Osun APC lost influential members after they conducted primaries. Both the Ekiti PDP and Osun APC ruling governments were owing salaries, arrears and pensions. If you assess the pre-election period in Ekiti carefully, you’ll discover that almost all the factors that made PDP lose in Ekiti are present in Osun.

Based on this premise, a win for the APC in the Osun governorship election is a strong pointer that something was fundamentally wrong with the Ekiti election, maybe rigged. The difference between Ekiti and Osun is that between six and half-dozen. The states are in the same region and have people of similar orientation, culture and background. Their governorship elections also hold within the same period.

The pundit would have ticked APC’s Oyetola as the prospective governor-elect, but the recent happenings in nearby Ekiti, which is similar to what is currently happening in Osun, makes the pundit cast doubt on his emergence. The ADC, ADP and SDP flag-bearer are strong candidates, but their party structure is somewhat weak to win a governorship election, even though such has happened before. Olusegun Mimiko and Ibrahim Shekarau won governorship elections under the (seemingly weak) platform of the LP and ANPP in Ondo and Kano states. But things have changed terrifically. It is currently very unpromising that an individual would defect to a less popular party on the eve of a governorship election and win in Osun. Such defections apparently can’t earn the defectors a win, but can extremely damage the winning chances of the popular parties they defected from. All election winning indices considered, Ademola Adeleke’s (PDP) emergence as governor-elect is predicted.

Note: Foretelling an election outcome doesn’t mean the pundit have access to one sacred information or the election winning strategy of any candidate. Assessing the strengths and weaknesses of candidates to predict who’ll win is a common practice in developed nations. This doesn’t mean the pundits are compromising the electoral process or influencing the election results. Osun people have already decide who they’ll cast their votes for and nothing - not this piece - can easily change their minds. The pundit’s election prediction is made based on the expectation of a free, fair and credible election, not electoral fraud.

*Omoshola Deji is a political and public affairs analyst. He wrote in via moshdeji@yahoo.com


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Friday, August 24, 2018

Third Mainland closure forces 2018 Cycling Lagos finale to October - ITREALMS

Owing to the closure of the Third Mainland bridge in Lagos, the organisers of the Cycling Lagos 2018 has moved the grand finale of the Cycling event scheduled for August 25 to Saturday October 27, 2018, reports ITREALMS.

They also said that the temporary closure of the Third Mainland Bridge on Friday by 12am, affected a strategic route for the race by the Federal Government.

The children’s edition of the Cycling Lagos event held at the Teslim Balogun Stadium on Saturday August 18, 2018 produced youngsters such as Okiki Abiodun who won the senior boy’s category while the junior boy’s category was won by Opeyemi Abiodun. Ajirotutu Toluwalase came top in the female version.

Chairman Cycling Lagos, Mr. Soji Adeleye in a statement to announce the movement in Lagos on Thursday attributed the postponement to logistics and particularly the planned temporary closure of the Third Mainland Bridge by midnight of Thursday August 23 by the Federal Government for maintenance purposes.

“Due to a combination of reasons, logistics, and the coincidence of the temporary closure of the Third Mainland Bridge by midnight today, we are moving the last event – the grand finale of the Cycling Lagos 2018 to Saturday 27th of October, 2018.

“The grand finale is the main and last event of the Cycling Lagos 2018 calendar that has witnessed the the Mini Tour of Lagos, the Children Cycling competition amongst others.

“This shift is to ensure the event that is to encourage tourism and the healthy lifestyle of the people runs hitch free and does not add to the road congestion that would result from the temporary closure of the third mainland bridge from midnight today,” he said.

Adeleye who urged the public to visit the event’s website www.cyclinglagos.com for further updates and information on the new date apologised for the inconvenience the postponement might cost the partners, cyclists and other stakeholders.

The Federal Government will from midnight of August 23 shutdown the Third Mainland Bridge to commence a three-day investigative maintenance on it.

Bayo Banjo/GEE

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Wednesday, August 22, 2018

ThreadSol for Origin Africa 2018 - ITREALMS

The pioneer in enterprise material management for sewn products’ industry, ThreadSol has confirmed participation at the Origin Africa 2018, slated for September this year, reports ITREALMS.

 During the fair, ITREALMS also reports, ThreadSol will present its range of innovative software solutions for the apparel manufacturers at booth #46, between 9th September to 11th September.


Senior Partner at ThreadSol, Anas Shakil, noted that in these times of ascending costs and descending profit margins, ThreadSol has a crucial role to play in the apparel industry, especially in Africa with the emergence of the industry, stressing that the company’s presence at Origin Africa affirms its commitment to sustaining its efforts of introducing innovative garment tech solutions for the apparel industry.

“Our presence at Origin Africa is a proof of our commitment to the apparel industry, especially the African apparel industry. The solutions we are offering at the expo demonstrates that we are continuously aiming to accomplish our customer’s requirements to aid them in overcoming the challenges of the industry and increase profitability by targeting the biggest expense in manufacturing- fabric”, Shakil said.

ThreadSol’s outlook is to introduce technologically driven products to drive African apparel manufacturing by boosting topline and bottom line for manufacturers and differentiate from the extremely competitive environment for breakthrough profits and improved customer service.

With challenges like high electricity prices, limited access to finance, infrastructural obstacles, challenging logistics, and for non-EPZ companies, complex regulations, it is extremely crucial for apparel manufacturers in Kenya to realize the importance of cost saving and increasing their output. In addition, labor skill is another challenge. It is important to understand and implement automation which can provide more efficiency and high yield in the long run.

ThreadSol solutions- intelloBuy and intelloCut together work with the notion to boost revenue and profits for apparel manufacturers. The solutions work for the buying floor and cutting floor respectively and ensure reduction in fabric expenses at the buying stage and cutting of extra garment pieces at the cutting stage. The overall benefit is automation of the buying and cutting process which ultimately saves hours of manpower in the facilities.

These solutions have been adopted by the top manufacturers worldwide like MAS (Sri Lanka), Epic Group (Bangladesh), Raymond (India), PAN Brothers (Indonesia), HS Fashions (China), Sangwoo (Vietnam) etc.

“We at ThreadSol bring up to 80% reduction in planning time to ensure that the manufacturing cost go down and hence the profits go up by 30-40%”, adds Anas Shakil.

ThreadSol’s participation in Origin Africa is a step further to market its solutions to the potential manufacturers who can now invest in ThreadSol’s innovative solutions to reinvent their manufacturing efficiency and boost profit margins.

Nenye Dom/GEE

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Tuesday, August 14, 2018

Accenture Nigeria to unveil Innovation Index 2018 - ITREALMS

Accenture Nigeria has concluded survey for the maiden edition of its Innovation Index which focuses on disruptive business, market and technology trends in the Nigerian financial services industry, reports ITRealms.

The Index will highlight and showcase innovation evangelists who are weaving innovation into the very fabric of culture in their organisations—as well as creating product, process, people and service novelties which are changing the way people live and work.

Accenture during the survey reached out to banking and fintech companies in order to showcase their innovations. In collaboration with Lagos Business School as local research partner, a rigorous adjudication process that examined entries in order to identify innovation leaders based on five categories of the innovation value chain for the banking and fintech space in Nigeria.

“As Nigerian banks and FinTech companies continue to grow and expand their businesses through innovation, index will offer insight on the effect these innovations have had in enabling competitive advantage in the marketplace” said Toluleke Adenmosun, Accenture Nigeria’s Managing Director Financial Services. “We are appreciative of all organizations who participated in the survey. 
Accenture will provide a custom diagnostic report to each participant to aid them on their innovation journey.”

Accenture is looking forward to announcing the winners of the Nigeria maiden Innovation Index with stakeholders in the country in conjunction with its media partners, The Guardian Newspapers and Techcabal.


It is the company’s wish that findings from the survey will spur further innovation that will help to improve products and service creation in the financial sector that will significantly impact lives and also guide other sectors in making informed decisions towards developing Nigeria’s economy.

Chuks Egbune/GEE

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Thursday, August 09, 2018

Finalists emerge @Ecobank Fintech Challenge 2018 - ITREALMS

Ecobank, the leading independent pan-African banking group, has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups, reports ITRealms.
The list includes eleven (11) fintech start-ups from across the continent and beyond.

An Innovation Fair & Awards ceremony will honour the start-ups on August 30, 2018 at the global headquarters of Ecobank in Lomé, Togo.

At the ceremony, the start-ups will exhibit and pitch their products to a jury for the Ecobank Africa Fintech Prize, which will be awarded the top innovator and two runners-up. The top three innovators will win cash prizes worth US$10,000, US$7,000, and US$5,000 respectively.

After the Awards ceremony, Ecobank will enroll all eleven finalists into the Ecobank Fintech Fellowship. The Fellowship will run for a period of six months during which Ecobank Fintech Fellows will benefit from an opportunity to further explore partnerships with the Ecobank Group that includes:
  • Multinational product roll-out support: for the start-ups deemed commercially viable to grow their businesses across any of Ecobank’s 33 markets in Africa;
  • Service provider & ecosystem partner deals: for start-ups with deep capabilities to become product partners within Ecobank’s ecosystem;
  • Technical & mentoring support: during the six months fellowship period, fellows will benefit from technical support from Ecobank’s global network of technology leaders, fintech experts, investors and management coaches.

The eleven start-ups are:

Lypa (Kenya), Wallet.ng (Nigeria), Nala (Tanzania), Litee (Benin), SESO Global (South Africa), InvestED (Sierra Leone), Eversend (France), Secapay (Nigeria), Virtual Identity (South Africa), MojiPay (Togo), Awamo (Germany)

Group CEO of Ecobank, Ade Ayeyemi, said: “At Ecobank our digital strategy is spectacularly successful and has changed the landscape of African banking, so it goes without saying that we see fintech as a vital component for the economic transformation of the continent and the prosperity of its citizens. We want to do all we can to encourage the next generations of fintech entrepreneurs as they will be a driving force in propelling Africa into a globally competitive power in commercial services, enjoying significantly increased market share.”

Eddy Ogbogu, Ecobank Group Executive for Operations and Technology commented: “Africa has a proud history of innovation, and today’s fintech start-ups are the potential giants of tomorrow. We’re delighted by the quality of our Fintech Challenge finalists and have high hopes that they will capitalise on the mentoring and support opportunities of the Ecobank competition on their journeys to future success.”

The Ecobank Fintech Challenge is designed in partnership with the advisory firm Konfidants and is supported by partners across Africa and the world.

More information can be found on the Program’s website at http://EcobankFintech.com. You can also interact with us on social media via our Facebook page and Twitter page.
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Tuesday, August 07, 2018

More brands partner Cycling Lagos 2018 - ITREALMS

With a few days to close registration, the highly anticipated Cycling Lagos 2018 scheduled for August 25 has received the backing of the Elizade Auto Land’s brand, Jac Motors; Nigeria’s leading FM radios, Cool FM, Wazobia FM and Nigeria Info, reports ITRealms.

Leading beverages firm, Seven-Up Bottling Company has also confirmed an arrangement to refresh all participants with its H2Oh brand during the event.
Chairman, Cycling Lagos, Mr. Soji Adeleye who disclosed this in a statement in Lagos described the level of supports the event is enjoying from stakeholders in the country and abroad as highly impressive.

“The Cycling Lagos event is a success already with the level of support coming from partners within and outside the country; some of theseshould equally be unveiledin the coming days.

I am very impressed and I want to thank all our partners for sharing in thethemes  and the vision of the event to promote healthy lifestyle, fitness andchampion the creation ofan enabling environment for Nigerians to imbibe in the spirit of sharing” he said.

Adeleye who urged interested participants to register for the event online said the this commenced on July 20 and would close on August 10.
Leading Hospitality Company, Eko Hotels & Suites recently signed a partnership arrangement with the organizers to host the events Award Gala Night and provide accommodation for guests at the dinner scheduled to hold on August 25. In addition, the Professional Race of the Cycling event will start from the magnificent surrounding of the marquee hotel in Victoria Island, Lagos.
The competition which will involve over 1,000 cyclists from within and outside Nigeria has been described by the organisers as one of the biggest sports, tourism and entertainment events in the country and the entire Africa continent in recent time.
The Cycling Lagos 2018 is also supported by the Lagos Government, Lagos State Cycling Association, DStv, SuperSport, Leadway Assurance Company, Addefort Limited and WorldStage Group.
Banjo Boye/GEE
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Monday, July 16, 2018

US seeks Nigerian delegation to 2018 Global Security Exchange - ITRealms Online

The United States Commercial Service office in Lagos is recruiting an official Nigerian delegation to attend the Global Security Exchange (GSX) 2018, at the Las Vegas Convention Center, Las Vegas, United States of America, reports ITRealms.

The Global Security Exchange (GSX) 2018, formerly the ASIS Annual Seminar and Exhibits, is an International Buyer Program (IBP) scheduled to hold on September 23rd – 27th, 2018.

ITRealms gathered that GSX is the world’s largest association for security management professionals and is the globally recognized leader for Education, Networking, and Information Resources and builds on a six-decade legacy of event excellence, uniting the full spectrum of security—cyber and operational security professionals from across the private and public sectors, allied organizations and partners, and the industry’s leading solution providers—for the most comprehensive security event in the world.

Officials also informed ITRealms that at GSX, promises a diverse community of security practitioners—from entry level to CSO, to operational and cybersecurity experts, executive protection specialists, IoT security professionals, and everyone in between—ready to exchange ideas, best practices, and business cards.


Interested participants, ITRealms gathered that only individuals with valid U.S. visas will be given priority due to the challenges in getting visa interview dates.

Chuks Egbune/GEE

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Wednesday, July 04, 2018

NCS goes to Ibadan for 2018 national confab - ITREALMS Online

The premier professional association in Nigeria’s technology sector, Nigeria Computer Society (NCS), said all is set for its three-day 27th National Conference slated for the International Conference Centre, University of Ibadan, Ibadan, Oyo State, reports ITRealms.

NCS president, Prof Adesola Aderounmu, affirmed this to ITRealms in Lagos, noting that the conference is the Nigeria’s largest event for the IT Industry and profession.

He also noted that NCS is the umbrella body of all IT professionals and organizations in Nigeria, with over 20,000 members and some eight major interest groups including the Institute of Software Practitioners of Nigeria (ISPON), Information Technology Association of Nigeria (ITAN), Internet Service Providers Association of Nigeria (ISPAN), Nigerian Women in Information Technology (NiWIIT) as well as over 100,000 National Association of Computer Science Students (NACOSS), among others.

ITRealms reports that 2018 conference has the theme “Digital Inclusion: Opportunities, Challenges, and Strategies” and has been planned to attract IT academia, industry and thought leaders to address challenges and highlight opportunities related to building a digital, prosperous and inclusive Nigeria that leverages on information technology to achieve sustainable development.


The high profile dignitaries, ITRealms reports, are expected to grace the event from government, private and educational sectors, as well as from the international and global IT environment, including President Muhammadu Buhari and Governor of Oyo State, Senator Abiola Ajimobi and Communication Minister, Mr. Adebayo Shittu.

Chuks Egbune/GEE

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Monday, July 02, 2018

2018 Digipreneur Week sets Anambra agog, YouthTV coming - ITREALMS Online

The 2018 Digipreneur Week, formerly known as Social Media Hangout, is warming up to set Anambra State, agog for this years event, which gathers social media influencers as point of convergence for the best brains in digital entrepreneurship covering Exhibition, Networking, Training, Summit and Hangout, reports ITRealms.

Digipreneur Week 2018, ITRealms gathered, is a three-day event scheduled to hold from July 9 to 11, 2018 at Stanel World, Awka, Anambra State, as Governor Willie Obiano plans to unveil its YouthTv.

Announcing the plans for this year’s edition, with the theme "The Next Level", the State Government also disclosed DigitalPRwire will be the official media partners and supported by TechEconomy.ng.

Speaking on the event, Hon. Bonaventure Enemali, Anambra State Commissioner for Youth Empowerment and Creative Economy, said the three-day event will, among efforts, complement what Governor Willie Obiano is doing on security as economic independence will curb youth restiveness, lessen corruption and reduce criminality.

“This is part of what we do here because it is creativity. We are going to develop the youth in line with their skills and talents,” he said.

According to the event host, Hon. Engr Ifeanyi Aniagoh, who doubles as the Senior Special Assistant on Youth Development and Digital Entrepreneurship to Governor Obiano, “The event will bring together different stakeholders to brainstorm on new innovations and way forward while exposing the participants to unlimited opportunities in the cyberspace, improve their capacity in digital skills, encourage effective use of the internet and show the world the strength of Digipreneurs within and around Anambra State.

“Renowned experts in Wikipedia, Google, Facebook, Twitter and Instagram as well as trainers from DigitalPRWire, DigitalAfrica, Digipreneur.xyz and Faith Foundation have all indicated interest to be part of DPWeek2018.

“YouthTV, an initiative of the Anambra State Ministry of Youth Empowerment and Creative Economy, headed by Hon. Bonaventure Enemali, will be launched at DPWeek2018. YouthTV is aimed at showcasing the capacity and creativity of the young African with Anambra as the focus State.”

Commenting on the event, Celestine Achi, the Founder of DigitalPRWire and KairoswebTV, said: “It is heartwarming that Anambra State Government is taking the lead in this region in several areas including ICT. The Government recognises the contribution of the ICT sector to the growth of the economy. Currently ICT is contributing close to 10 per cent to the national GDP which is quite substantial and the State stand in a vintage to gain from its investment on the youths. 

“DigitalPRWire is happy to associate with the State on Digipreneurs Week 2018 which we believe will afford the State opportunity to understand the areas the digital entrepreneurs need assistance and how to empower them. Through our digital platforms we intend to help deliver visibility and awareness through our extensive network of publishing sites and also empower the youths with digital platforms.”

Peter Oluka, the Editor of TechEconomy.ng, applauded Digipreneurs initiative as credible platform to even expose startups in the state to media presence. 

As said by Oluka, as a media platform that tilts the lenses on innovations, techpreneurship and successes stories in this emerging market, TechEconomy.ng believes that Digipreneurs Week will encourage more young people’s participation in digital innovation.

“We encourage young people in the State to embrace this opportunity and align their programmes towards leveraging digital space to better their worth,” he said.

Digipreneur Week 2018 will be a unique event to connect, network and learn how to become a successful Digital Entrepreneur with special appearance by one of the Nigeria's greatest bloggers.

Ozo Nweke Ozo/GEE

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Saturday, June 23, 2018

PMB: Why I signed 2018 budget despite NASS padding - ITREALM Online

  • ADDRESS BY HIS EXCELLENCY, MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE SIGNING INTO LAW, THE 2018 APPROPRIATION BILL, PRESIDENTIAL VILLA, ABUJA, WEDNESDAY, JUNE 20TH 2018.
I would like to thank the leadership of the National Assembly, particularly the Senate President and the Speaker of the House of Representatives, as well as all the Distinguished Senators and Honourable Members, for passing the 2018 Appropriation Bill, after seven months.
2. When I submitted the 2018 Budget proposals to the National Assembly on 7th November 2017, I had hoped that the usual legislative review process would be quick, so as to move Nigeria towards a predictable January-December financial year.  The importance of this predictability cannot be overemphasized.  
3. While the Federal Government’s budget represents less than 10% of aggregate yearly expenditures in the economy, it has a very significant accelerator effect on the financial plans of other tiers of government, and even more importantly, the private sector, which mostly operates on a January-December financial year.  
4. Notwithstanding the delay this year, I am determined to continue to work with the National Assembly towards improving the budgeting process and restoring our country to the January-December fiscal cycle.
5. I note, with pleasure, that the National Assembly is working on the enactment of an Organic Budget Law, so as to improve the efficiency of the nation’s budgetary process.
6. As I mentioned during the presentation of the 2018 Appropriation Bill, we intend to use the 2018 Budget to consolidate the achievements of previous budgets and deliver on Nigeria’s Economic Recovery and Growth Plan (ERGP) 2017-2020.  
7. It is in this regard that I am concerned about some of the changes that the National Assembly has made to the budget proposals that I presented.  The logic behind the Constitutional direction that budgets should be proposed by the Executive is that, it is the Executive that knows and defines its policies and projects.  
8. Unfortunately, that has not been given much regard in what has been sent to me.  The National Assembly made cuts amounting to 347 billion Naira in the allocations to 4,700 projects submitted to them for consideration and introduced 6,403 projects of their own amounting to 578 billion Naira.
9. Many of the projects cut are critical and may be difficult, if not impossible, to implement with the reduced allocation.  Some of the new projects inserted by the National Assembly have not been properly conceptualized, designed and costed and will therefore be difficult to execute.  
10. Furthermore, many of these new projects introduced by the National Assembly have been added to the budgets of most MDAs with no consideration for institutional capacity to execute them or the incremental recurrent expenditure that may be required.  
11. As it is, some of these projects relate to matters that are the responsibility of the States and Local Governments, and for which the Federal Government should therefore not be unduly burdened.
12. Such examples of projects from which cuts were made are as follows:
·  a. The provisions for some nationally/regionally strategic infrastructure projects such as Counter-part funding for the Mambilla Power Plant, Second Niger Bridge/ancillary roads, the East-West Road, Bonny-Bodo Road, Lagos-Ibadan Expressway and Itakpe-Ajaokuta Rail Project were cut by an aggregate of 11.5 billion Naira.
·  b. Similarly, provisions for some ongoing critical infrastructure projects in the FCT, Abuja especially major arterial roads and the mass transit rail project, were cut by a total of 7.5 billion Naira.
·  c. The provision for Rehabilitation and Additional Security Measures for the United Nations Building by the FCT, Abuja was cut by 3.9 billion Naira from 4 billion Naira to 100 million Naira; this will make it impossible for the Federal Government of Nigeria to fulfill its commitment to the United Nations on this project.
·  d. The provisions for various Strategic Interventions in the health sector such as the upgrade of some tertiary health institutions, transport and storage of vaccines through the cold chain supply system, provision of anti-retroviral drugs for persons on treatment, establishment of chemotherapy centres and procurement of dialysis consumables were cut by an aggregate amount of 7.45 billion Naira.
·  e. The provision for security infrastructure in the 104 Unity Schools across the country were cut by 3 billion Naira at a time when securing our students against acts of terrorism ought to be a major concern of government.
·  f. The provision for the Federal Government’s National Housing Programme was cut by 8.7 billion Naira.
·  g. At a time when we are working with Labour to address compensation-related issues, a total of 5 billion Naira was cut from the provisions for Pension Redemption Fund and Public Service Wage Adjustment.
·  h. The provisions for Export Expansion Grant (EEG) and Special Economic Zones/Industrial Parks, which are key industrialization initiatives of this Administration, were cut by a total of 14.5 billion Naira.
·  i. The provision for Construction of the Terminal Building at Enugu Airport was cut from 2 billion Naira to 500 million Naira which will further delay the completion of this critical project.
·  j. The Take-off Grant for the Maritime University in Delta State, a key strategic initiative of the Federal Government, was cut from 5 billion Naira to 3.4 billion Naira.
·  k. About seventy (70) new road projects have been inserted into the budget of the Federal Ministry of Power, Works and Housing.  In doing so, the National Assembly applied some of the additional funds expected from the upward review of the oil price benchmark to the Ministry’s vote.  Regrettably, however, in order to make provision for some of the new roads, the amounts allocated to some strategic major roads have been cut by the National Assembly.
13. Another area of concern is the increase by the National Assembly of the provisions for Statutory Transfers by an aggregate of 73.96 billion Naira.  Most of these increases are for recurrent expenditure at a time we are trying to keep down the cost of governance.  
14. An example of this increase is the budget of the National Assembly itself which has increased by 14.5 billion Naira, from 125 billion Naira to 139.5 billion Naira without any discussion with the Executive.
15. Notwithstanding the above stated observations, I have decided to sign the 2018 Budget in order not to further slowdown the pace of recovery of our economy, which has doubtlessly been affected by the delay in passing the budget.
 16. However, it is my intention to seek to remedy some of the most critical of these issues through a supplementary and/or amendment budget which I hope the National Assembly will be able to expeditiously consider.
17. I am pleased with the success recorded in the implementation of the 2017 Budget.  A total sum of 1.5 trillion Naira has been released for the implementation of capital projects during the 2017 fiscal year.  In response to this and other policy measures implemented, we have observed significant improvement in the performance of the Nigerian economy.
18. To achieve the laudable objectives of the 2018 Budget, we will work very hard to generate the revenues required to finance our projects and programmes.  The positive global oil market outlook, as well as continuing improvement in non-oil revenues, make us optimistic about our ability to finance the budget.
19. However, being a deficit budget, the Borrowing Plan will be forwarded to the National Assembly shortly.  I crave the indulgence of the National Assembly for a speedy consideration and approval of the Plan.
20. The 2018 Budget I have just signed into law provides for aggregate expenditures of 9.12 trillion Naira, which is 22.6% higher than the 2017 Appropriation.  Further details of the approved budget will be provided by the Minister of Budget and National Planning.
21. I thank the Ministers of Budget and National Planning, the Budget Office of the Federation, and everyone who worked tirelessly and sacrificed so much to bring us to this day.  However, the job is only partly done.  
22. I am sure you will remain committed to advancing our Change Agenda, not only in the preparation of the national budget, but also in ensuring its effective implementation.
I thank you and may God bless Nigeria.


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*PMB during the signing of 2018 Appropriation bill into law