IT Sector Highlights

News 6

IT, monthly reviews of the different sectors of the nation’s economy as published by select local newspapers. 

2016 Highlights

  • $287mn yearly pirated software loss recorded in Nigeria –The Guardian 
  • Huawei launches open technology lab in Lagos –Businessday 
  • Nigeria ranks top in Africa’s internet access –Punch
  • Global card fraud to hit $31.26bn by 2018 –Punch
  • MainOne and SAP partner to provide enterprise solutions for West Africa –The Guardian 
  • Mobile money cuts international remittances cost by 50% –The Guardian 
  • Mobile internet use overtakes desktop for the first time globally –Businessday
  • SAP introduces co-innovation lab in Africa –Punch 
  • Oracle seals $9.3bn NetSuite acquisition –The Guardian
  • Nigeria lost N211bn to cyber attacks in 2016 –Businessday 
  • Ericsson to sack Nigerians as firm ships Jobs to India –The Guardian
  • Siemens buys software maker Mentor Graphics for $4.5bn –The Guardian 
  • 40mn Nigerians lack network access –Punch 
  • Eko Atlantic City gets first residential building –Punch 
  • Nigeria loses $2.8bn yearly to ICT imports –Punch
  • Mobile internet subscription hits 93.5mn –Punch 
  • iSON Technologies plans $100mn investments in Nigeria and SSA by February 2017 –The Guardian  

  • KPMG Nigeria sees significant growth in mobile banking –Punch 
  • FG to build six technology innovation hubs –The Guardian 
  • Netflix selects Spectranet for first server deployment in West Africa –The Guardian
  • MTN boosts Nigeria’s 30% broadband target with 4G LTE service –The Guardian 
  • ISPON wants FG to establish national software development fund –The Guardian 
  • Certiport and NITDA target 60m Nigerians for digital training –The Guardian 
  • Facebook now available in 101 languages –The Guardian
  • 50% of world’s population still lack Internet access –The Guardian
  • Eleven African countries including Nigeria to account for 70% of SSA’s telecoms revenue –The Guardian
  • NCC increases International Termination Rate to N24.40 –The Guardian 
  • FG lost N159bn to cyber crime in 13 years –Businessday 
  • MTN claims 2.5% growth in Nigeria’s subscriber base in Q3 2016 –The Guardian
  • 500,000 Africans receive digital skill training –Punch  

  • LASIMRA to remove fiber cables laid in gutters in Lagos State –The Guardian 
  • NITDA2 reaffirms need for local data hosting –The Guardian
  • Twitter enables longer tweets as part of growth push –Punch 
  • FG to address local OEMs’ challenges- NITDA boss –The Guardian 
  • Forex scarcity forces firms to host servers locally –The Guardian
  • Huawei commits $600mn to 5G development –The Guardian 
  • Ericsson and Galaxy partner on public service reforms –The Guardian
  • InterC Network begins 4G service –The Guardian 
  • 92mn mobile phone users connected to Internet in Nigeria –Punch 
  • Okowa receives e-Government certification –The Guardian 
  • NCC3 discovers 41 Illegal internet service providers –The Guardian 
  • Facebook and MediaReach collaborate on e-learning –Punch 
  • IBM to partner Nigerian firms on IT Infrastructure development –The Guardian 
  • Yahoo confirms hackers stole data from 500mn accounts –Punch 

  • Nigeria is at 13% broadband penetration –Businessday
  • PoS transactions record N4bn increase in value for July 2016 –The Guardian 
  • GreenHouse Capital to invest $10mn in tech expansions –The Guardian
  • “Nigeria needs 45,000 ATMs to check fraud”, say Experts –Punch
  • “Proposed ICT tax bill may harm sector”, says Barrister Adebayo Shittu (Minister of Communications) –The Guardian 
  • New Horizon and Caleb University sign MoU on IT curriculum –Punch 
  • 38% of targeted cyber attacks involve firms’ employees –The Guardian 


  • ICT is the only sector to record positive growth in Q1 2016 –Businessday 
  • Electronic fraud reduced by 63% in 2015 –Businessday 
  • “Nigeria’s Internet traffic will grow six-fold by 2020”, says Cisco–Punch 
  • Anti-virus firm Avast buys AVG for $1.3bn –Punch 
  • VISA strengthens security devices to prevent fraud –The Guardian 
  • FG set to counter illegal radio broadcasts –The Guardian 
  • eTranzact grows revenue by 22% to diversify operations –The Guardian 
  • Nigeria loses N127bn yearly to cybercrime Punch
  • Stock market investors gain N1.461tn in three months –Punch 
  • FG sets up computer emergency response team to curb national cyber threats –Businessday 
  • “Nigeria needs 45,000 ATMs to check fraud”, says Experts –Punch 


  • Nigeria ranks 16th in Q1 cyber attacks vulnerability index –The Guardian 
  • iWayAfrica launches ISP services in Nigeria –The Guardian 
  • IHS completes consolidation deal with Helios Towers Nigeria –The Guardian 
  • eTransact projects 70% cut in banks’ costs through mobile payment system –The Guardian 
  • NiRA seeks stakeholders consensus on internet governance framework –The Guardian 
  • Lagos ranks 40th in networked society city index –The Guardian 
  • Nigeria and Ghana agree to drive mutual IT agenda –The Guardian 
  • Nigeria drops in IPv6 visibility on internet –The Guardian 
  • NCC wants increased girl participation in ICT –Punch 
  • Plateau seeks partnership with NITDA on ICT development –The Guardian

  • Africa’s mobile money market to hit $14bn by 2020 –The Guardian 

  • HP worries about 11% PC penetration in Nigeria –Punch 

  • Microsoft offers $1bn cloud subscription and office365 to NGOs & CSGs –The Guardian

  • Nigeria may miss launch of IoTs platform over IPv6 –The Guardian 

  • Proposed communication tax will deny Nigerians internet access –Punch 

  • Nigerians learn French and Mandarin using ICT tools by ISLS –Punch

  • “N4.5bn lost annually to quackery in ICT”, says CPN –Punch 

  • Internet value chain soars, to hit $5.85trn in five years –The Guardian 

  • Cloud technology to save businesses $150bn –The Guardian 

  • “ICT sector can employ 40mn Nigerians”, says FG –Punch

  • Diamond Bank attains 1mn Mobile App users –The Guardian 
  • Nigeria can generate $2trn via digital investments –The Guardian 
  • Govt inaugurates $1mn investment and technology partnership with UNIDO –The Guardian 
  • According to Ericsson, 20% in SSA use mobile money –The Punch
  • Government to establish science and technology development bank –The Guardian 
  • Nigeria loses N10bn annually hosting domain names abroad –The Punch

  • Growth in global imports of ICT falls to five-year low –The Guardian 
  • UK based Nigerian invents keyboard in local language –The Guardian 
  • Facebook says 16 million Nigerians access its website monthly –Businessday 
  • Nigeria accounts for 0.36% of $520bn ICT market –The Guardian 
  • Cloud enables 92% of organisations to innovate faster –The Guardian 
  • Nigeria's mobile internet market to worth $166bn in 2020 –BusinessDay 
  • Google and NFVCB train 250 students of 'safer internet' –The Guardian 

  • 21 internet service providers expected to renew licenses in 2016 –The Guardian 
  • Networking sites make 30% internet users vulnerable to cyber attacks –The Guardian 
  • NIRA1 records huge .ng traffic in 2015 –The Guardian 
  • Mobiles to increase internet connectivity in 2016 –The Guardian 
  • “ICT to create jobs for 23mn unemployed Nigerians” ,says Leo Stan Eke (Zinox boss) –The Guardian 
  • Microsoft donates cloud computing worth $1bn –The Guardian 
  • Nigeria may miss out of digital dividend put at $100trn –Vanguard 

 2015 Highlights

  • SGF assures Nigerians of investment-friendly policies for ICT growth –The Guardian 

  • Influx of substandard ICT products put Nigeria's market in ruins –The Guardian 

  • Weco Systems and Microsoft deliver new cloud solutions –The Guardian 

  • Nigeria records 33,572 new .ng domain name registrations –The Guardian 

  • Nigeria's IT spending to top $5.3bn in 2016 –The Guardian 

  • Association urges adoption of 700MHz for improved broadband and data service –The Guardian 

  • Sterling Bank gets ISO 2000-1certification –The Guardian 

  • Nigeria ranks 130th in new broadband penetration statistics –The Guardian 

  • MainOne upgrades submarine cable network to100G –ThisDay 

  • Adrian Wood (pioneer CEO MTN Nigeria) projects fresh $25bn investments for Nigeria's fibre coverage –The Guardian 

  • OLX wins best online classified award –The Guardian 

  • “ICT to generate 20% of Nigeria's GDP by 2020”, says NIITDA –ThisDay 

  • Experts foresee increase in Nigeria’s digital market –ThisDay 
  • Internet gap stifles economic growth in developing countries –The Guardian 
  • Huawei to spend $1bn on ICT development –ThisDay 

  • 25% of cybercrime cases unresolved The Guardian
  • MainOne and Microsoft partner to expand cloud computing reach The Guardian
  • Nigeria hits 1mn mark on UNICEF SMS based U-report platform The Guardian
  • Internet users in Nigeria rise to 93.5m The Guardian
  • Huawei claims $500mn yearly investments on cloud technology The Guardian
  • Internet growth pushes Africa 's digital opportunity The Guardian
  • Microsoft begins worldwide release of Office 2016 The Guardian
  • Nigeria's ICT contribution to GDP nears 11% - The Guardian
  • Nigeria wins ITU Telecom World 2015 Young Innovators Competition The Guardian
  • Global IT spending across vertical industries to decline 3.5% by year end The Guardian
  • Digital Wallets drive excitement about payments innovation in Nigeria The Guardian
  • ITU canvasses affordable broadband services in emerging markets The Guardian

  • Nigeria requires $10bn to build broadband infrastructure –BusinessDay 
  • NIMC enables use of identification number in banks –Punch 
  • 70% online users access web through phones –Punch 

  • MainOne invests $300mn in broadband expansion push –BusinessDay 
  • Nigeria's N600bn broadband income entangled in structural frailties –BusinessDay 
  • Number of internet users hit 88mn –BusinessDay 
  • Convergence Partners concludes successful Pan-African ICT infrastructure fund –BusinessDay 
  • Skills shortage weighs down ICT’s contribution to economic growth –BusinessDay 

  • Nigeria and Ghana become thriving e-waste graveyards – BusinessDay 

  • Over 70% of the World's population will use smartphones by 2020 –ThisDay 

  • EY commits $20mn on battle against cyber-crime – BusinessDay

  • 75% of global organisations estimated to digitalise systems by 2020 – BusinessDay 

  • Telcos and data centre operators target $121bn revenue in cloud services – BusinessDay 

  • Globacom tables $600mn for Ivorian Telco in regional expansion push –BusinessDay 
  • MasterCard grants acquiring license to Unified Payment Service Limited in Nigeria –ThisDay 
  • Nigeria will achieve 30% broadband penetration by 2018”says, Juwah (Executive Vice Chairman, NCC) –ThisDay 
  • National broadband targets at risk as poor spectrum management persists –BusinessDay 
  • Nigeria lagging behind in digital maturity –BusinessDay 
  • Public cloud market to hit $191bn by 2020 –BusinessDay
  • Cyber insurance market booming on rising cyber-attacks –BusinessDay 

  • Cybercrime threatens Nigeria's $10bn electronic commerce industry –BusinessDay
  • Nigeria's indifference raises concern amid global cyber warfare –BusinessDay 
  • Data breaches increased by 49% in 2014 –BusinessDay 
  • E-commerce firms leverage extensive postal network to improve fortunes –BusinessDay 
  • Higher bar for broadband threatens to set back implementation of national plan –BusinessDay 
  • Interswitch floats $10million ePayment growth fund in Africa –ThisDay 
  • 89% of Nigerian internet users shop online –BusinessDay 

  • Security experts fault FG on electronic communications bill –ThisDay
  • Standard Chartered and Access Bank emerge as the most secured mobile website –BusinessDay 
  • 78% of Nigerians may miss out in digital TV switchboard –The Guardian 
  • Nigeria to boost broadband service with massive cross-border network –BusinessDay
  • Cybercrime threats on the increase as Nigerians embrace cashless policy –BusinessDay 

  • Cybercrime threatens Nigeria's $10bn electronic commerce industry –BusinessDay
  • Nigeria's indifference raises concern amid global cyber warfare –BusinessDay
  • Data breaches increased by 49% in 2014 –BusinessDay 
  • E-commerce firms leverage extensive postal network to improve fortunes –BusinessDay
  • Higher bar for broadband threatens to set back implementation of national plan –BusinessDay
  • Interswitch floats $10million ePayment growth fund in Africa –ThisDay
  • 89% of Nigerian internet users shop online –BusinessDay 

  • “Efforts to localize technology in Nigeria yielding results”, says Huawei Technologies –Businessday
  • Banking the under banked through mobile payments –The Guardian 
  • Meeting new ICT targets in 2015 is essential for Nigeria’s development targets –ThisDay
  • First social network site on football launched in Nigeria –ThisDay
  • Technology experts call for harmonization of databases –ThisDay
  • Fashola empowers Lagos police with modern ICT facilities –ThisDay
  • The need of a central database in Nigeria is key to all sectors of the economy for adequate planning –Businessday
  • “Our data service offerings will boost Nigerian economy”, says Buitelaar of SMILE Communications Nigeria Ltd –ThisDay
  • A deeper high-speed internet penetration is required to propel better economic growth in Nigeria –ThisDay 

2014 Highlights

  • Nigeria to become Africa's leading IT diffusion centre –Businessday
  • 18 African countries ahead of Nigeria in ICT development –The Guardian
  • The participation of Nigerians in cloud computing and its relevance in ICT development –Thisday 
  • Dying art of letter-writing is caused by ICT revolution –The Guardian 
  • Investment in innovative product catapults e-Tranzact's Q3 revenue –BusinessDay 
  • ICT's contribution to Nigeria's GDP hits $50bn attracts $6bn investments –The Guardian 
  • ICT to witness huge growth in Nigeria , two others in 2015 –The Guardian 
  • IDC sees ICT spending in MEA cross $270 bn mark in 2015 –The Guardian

  • “Nigeria needs ubiquitous broadband deployment to create digital economy”, says Dr. Omobola Johnson - ThisDay
  • “MasterCard's logo on national eID card will enhance Nigeria's poor global perception”, says Chris Onyemenam - ThisDay
  • Legislator inaugurates 45-capacity ICT centres in Enugu - ThisDay
  • “Nigeria yet to meet global broadband standards”, says NCC - BusinessDay
  • Senate reps to begin harmonisation of cybercrime bill - ThisDay
  • Subscribers' complaints on data service delivery heightens - ThisDay
  • Stakeholders harp on ICT gains, development at eNigeria 2014 - ThisDay
  • Online fraud: CBN approves implementation of virtual card solution in banks - ThisDay

  • FG pledges more investments in ICT for national development   Business News
  • National ICT Strategic Plan due for review next year   Thisday
  • NITDA begins fresh drive to boost ICT usage in government   Thisday
  • “Critical ICT Infrastructure Bill to be passed in November”, says NCC  Thisday
  • Airtel partners Microsoft, Intel on rural ICT development  Thisday
  • Digitalisation: NBC earmarks N200 billion intervention fund for broadcasters Thisday
  • Zinox targets 1 million homes, SMEs with iPower solution  Thisday
  • MainOne, Zinox, others battle for Lagos InfraCo license to offer broadband services The Guardian
  • UN writes Nigeria, calls for implementation of MDG solution  Thisday
  • Technology experts list challenges of Broadband deployment  Thisday

  • $20 billion undersea cable investment failing to deliver  Businessday
  • Computer Warehouse H1 profit slows despite reduced costs Businessday
  • Stakeholders push for mixed spectrum license Thisday
  • Nigeria registers 11,075 domain names in seven months Thisday
  • FG urged to be proactive about achieving digital switchover AllAfrica
  • Microsoft Nigeria joins ISPON, harps on strategic partnership Thisday
  • Sale of 2.6GHz spectrum as litmus test for NCC AllAfrica
  • NITDA moves to reposition Nigeria's ICT industry Thisday
  • FG wants state governments to sign MoU on smart states project AllAfrica
  • Internet penetration to boost entertainment revenue to $8.5 billion by 2018 Businessday

  • Rural broadband expansion drive buoyed by FG's new gap analysis Business Day
  • ICT tools facilitating agric financing for banks Business Day
  • Indigenous software will address security challenges, says ISPON This Day
  • Low states' buy-in stalls implementation of national broadband plan Business Day
  • Nigeria loses N5 billion yearly to non-patronage of indigenous software, says ISPON This Day

  • NBC raises hope of nationwide digital switch-over in 2015     All Africa
  • Local content development will drive ICT growth, says Minister   Thisday
  • Nigeria moves up in UN eGovernment development in ranking    Thisday
  • Paypal's entry into Nigerian Market raises mixed reaction    Thisday
  • Experts: Nigeria yet to take full advantage of local content development in ICT     Thisday
  • GE moves to promote local content development in Nigeria     Thisday
  • Terragon Research reveals increased acceptance of e-commerce by Nigerians   Thisday
  • Adewumi: Government needs digital approach to address security challenges    Thisday
  • Extending ICT penetration to the grassroots     Thisday
  • Absence of cybercrime law worries Information Security Society Thisday

  • Broadband impact on national development is immense, says NCC    All Africa
  • CEO, Priority Communications: Government policies must address technology standards    Thisday
  • FG urged to harness Internet opportunities for national development    Thisday
  • SAP predicts $90 trillion business opportunities in cloud computing by 2020   Thisday
  • Johnson, Juwah hail DigitalSENSE Africa on Internet governance    Thisday
  • NCC targets Lagos, North Central for first infraco licenses    The Guardian
  • Ministers, agencies seek uniform template for IT development    Thisday
  • NCC fixes new date for submission of bids on infracos    Thisday
  • Johnson: ICT will drive transparency in governance    All Africa
  • DataPower, Primex partner on ICT training for youths    All Africa 

  • Nigeria Internet Registration Association Moves to Address Hiccups in Domain Name Registration    Thisday 
  • Report on Cyber Threat Calls for Quick Passage of 2012 Bill    Thisday 
  • Stakeholders Urge the Government to Provide National Backbone Infrastructure    All Africa 
  • Competition, Market Forces and Cost of Internet Services    All Africa
  • Food producer grows revenue via Enterprise Resource Planning operations software    Businessday 
  • National Information and Technology Development Agency wants FG to leverage ICT for economic growth, job creation    The Guardian

  • Huawei's 2013 Annual Report Shows 8.5% Revenue Increase   Thisday
  • Technology Times Establishes First IT News Network    Thisday
  • Support for software development increases amid 9.7% growth projection    Businessday
  • History as Nigeria assembles first iPad and phone in Calabar     Businessday
  • Digital Africa advocates capacity development     Thisday
  • LG introduces 'Ergonomics'    Thisday
  • OPSSON (Asia’s smartphone brand) promises to boost Nigeria's smartphone market     Thisday
  • Samsung launches Galaxy S5, Gear 2, Gear Fit     Thisday
  • Ericsson joins forces with New York varsity to address 5G mobile technology    Daily Trust
  • Titans of Tech 2014 to focus on investments, ICT Infrastructure Protection     Thisday
  • Samsung/Hellofood partnership: Food delivery app available on all galaxy S5 devices in Nigeria     Businessday

  • Etisalat, Huawei partner on first outsourcing programme in Africa    Businessday
  • SWIFT Networks launches 'The Nomad' - portable wireless hotspot modem   Businessday
  •  Backup networks partners NOUN on IT certification training    Thisday
  •  Microsoft Re-emphasises Windows XP End of Service    Thisday
  •  FG Launches Digital Clubs for Girls    Thisday
  •  Nigeria overtakes UK in internet access    Nigerian Pilot
  •  FG Inaugurates Media Advisory Committee on Broadband    Thisday
  •  Declining Budgetary Allocations and ICT Development    Thisday
  •  Lagos State Partners PRI to Create Innovation Hub    Thisday
  •  NigComSat Assures Nigerians of Adequate Bandwidth Supply     Thisday

  • Etisalat partners thistle praxis on sustainable conversations    Thisday
  • Five African start-ups receive microsoft funding    Thisday
  • Samsung unveils ultra-modern customer service plaza    Thisday
  • Technology use canvassed as Health Innovation Marketplace is launched    Businessday
  • FG, IBM Partner on Technology Development    Thisday
  • Zinox's Zpad Earns IT Global Platinum Award    Thisday
  • Facebook defends $19bn whatsapp buy, seeks to democratise internet    Businessday
  • Ericsson, Nokia, Huawei sign agreement to boost Nigerian network    Businessday
  • Huawei unveils first LTE Cat-enabled mobile wifi    Softpedia
  • CIS, Oracle partner on technology solution for Africa    Thisday

  • Provision of ICT infrastructure is Government's priority     Thisday 
  • Tech start-ups ride on e-retail success for fresh funding     Businessday
  • NigComSat, NetLink Limited, MTN Nigeria collaborate on ICT solutions      The NigerTimes 
  • Mobiz launches new mobile portal for SMEs     Thisday
  • United, Ericsson demonstrate Africa's advanced LTE technology     Punch 
  • Nigeria Computer Society (NCS) reinstates commitment to build knowledge based economy     Vanguard 
  • FG launches Intellectual Property Automated System     Channels Tv
  • Nigeria must use ICT to live up to her 'MINT' Classification     Thisday


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