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Bolt Invests €100m to Enhance Platform Safety Over Three Years

Bolt, a leading ride-hailing platform, today announced a significant commitment of €100 million over the next three years to bolster safety measures on its platform.

This investment will support

The Bolt Safety Team in its critical work of product development, customer support, safety feature awareness, and preventative measures to minimize safety incidents. The announcement was made during a global safety campaign launch event held in Lagos.

The event brought together key stakeholders, including the Lagos State Commissioner for Transportation, representatives from the Federal Road Safety Corps (FRSC) and Vehicle Inspection Officers (VIO), safety experts, Bolt representatives, and members of the media.

Bolt’s dedicated Safety Team of over 500 specialists works tirelessly to achieve the company’s safety goals.

The team comprises Safety Specialists who provide 24/7 customer support from Bolt’s Safety Hubs across the globe and Safety Experts based in Tallinn, Estonia, who focus on product development, engineering, and operations.

Osi Oguah, General Manager at Bolt Nigeria said:

“We take our responsibility to ensure the safety of our platform very seriously. With €100 million committed over three years to safety, we recognise that this requires an end-to-end approach across our business in Nigeria. That’s why The Bolt Safety Team of over 500 specialists from across the world will focus their efforts on product development, support, and scaling preventative measures to stop safety cases before they happen in that time. We’ll also continue to raise awareness of our safety tools with educational campaigns like the current ‘Bolt Safety Team’ campaign running in Nigeria to raise awareness of the in-app features that we know can help prevent cases.”

Speaking at the event, Oluwaseun Osiyemi, Lagos State Commissioner of Transportation said: “I commend Bolt for its continuous collaboration with the Lagos State Government and its proactive approach to enhance safety measures on its platform.

Given the importance of a safer transportation ecosystem, it is our responsibility as a progressive government to encourage collaboration among all key stakeholders, including private sector operators like Bolt”.

As part of the commitment, new trip verification features will join Bolt’s suite of safety tools in the coming months to help address the critical role of mutual trust between driver partners and riders in the safety of the platform, including trip count and unique four-digit trip pick-up codes to help match riders and driver partners. Bolt will also continue to scale its Rider Verification solution.

Bolt will also continue to invest in upgrading existing features like Ride Check to proactively detect if a trip’s route unexpectedly changes or takes longer than expected to finish, and introduce Trusted Contacts to ensure Ride Check notifications are escalated to a friend or loved one if needed.

Record Audio will continue to support The Bolt Safety Team’s safety investigations and has already been used to trigger in-app audio recordings to submit with Customer Support tickets across 14 markets including Nigeria since launch.

This all supports The Bolt Safety Team’s work in partnership with regulators, drivers, and police to raise awareness of safety issues through events such as Safety Summit.

November 7, 2024
ngPIF 2024: Key Stakeholders Discuss Expanding Nigeria’s Internet Infrastructure

Last week, key stakeholders in Africa’s internet ecosystem gathered in Lagos for the Nigerian Peering and Interconnection Forum (ngPIF), where they explored strategies for expanding Nigeria’s rapidly growing internet infrastructure.

Hosted by the Nigerian Network Operator Group (ngNOG) and the Internet Exchange Point of Nigeria (IXPN), the forum attracted government officials, industry leaders, and technology experts committed to enhancing digital connectivity in Nigeria.

In his opening remarks, Lagos State Governor, Babajide Sanwo-Olu, emphasized the critical role of internet connectivity in driving Nigeria’s economic growth and development.

Represented by Ganiyu Oseni, senior adviser on Technology, Broadband & Innovation, Governor Sanwo-Olu reiterated the Lagos State Government’s commitment to fostering digital inclusion and expanding infrastructure.

Stakeholders at the Nigerian Peering and Interconnection Forum in Lagos last week

“Digital connectivity is not just a tool for communication; it is a catalyst for economic transformation,” Oseni said on behalf of the Governor. “We are committed to supporting initiatives like ngPIF that push the boundaries of digital infrastructure and bring the benefits of connectivity to all Nigerians.”

The two-day forum featured a series of panel discussions and workshops, with participants focusing on key topics such as peering, interconnection, data centers, and the role of government in creating a conducive environment for digital innovation.

Prof. Wale Adedokun, National Coordinator of ngPIF, underscored the forum’s mission to bridge Nigeria’s digital divide, particularly between urban and rural areas. “The essence of ngPIF is to foster collaboration among stakeholders to ensure internet resources are more accessible and affordable across Nigeria,” he told journalists.

Muhammed Rudman, CEO of IXPN, echoed the sentiment, emphasizing the importance of rural connectivity to ensure that all citizens can access the digital economy. “The government’s support is crucial for expanding internet access in underserved areas, particularly through mechanisms like the Universal Service Provision Fund (USPF),” Rudman explained.

Organising Committee of the Nigerian Peering and Interconnection Forum in Lagos last week

In addition, Ayotunde Coker, CEO of Open Access Data Centre (OADC), highlighted ngPIF’s role in building a robust peering community that includes infrastructure providers, content creators, service providers, and policymakers.

“This forum has evolved into a vibrant community dedicated to advancing Nigeria’s interconnection and peering infrastructure, putting the country on the global digital map,” Coker remarked.

As Nigeria continues its digital transformation, ngPIF remains a vital platform for stakeholders to collaborate, innovate, and shape the future of the country’s internet landscape.

October 28, 2024
Nigeria’s High Rating in Global Real-time Payments a Sign of Fintech Resilience – Cynthia Alabi

Nigeria’s recognition as a leader in real-time payments and digital payments in Africa and beyond, is a sign of a resilient banking and fintech solutions, says tech expert, Cynthia Alabi.

In 2021, Nigeria ranked sixth in the world’s most developed real-time payments markets, with 3.7 billion real-time transactions.

As of 2023, Africa’s fintech market is valued at approximately $31 billion and is projected to reach $54 billion by 2027, growing at a CAGR of 13.2%, in line with Statista’s 2023 report.

Furthermore, Nigeria accounts for about 27% of this market, with a robust payment services sector driven by mobile payments and digital wallets.

The Central Bank of Nigeria promotes financial inclusion and digital payments, attracting significant investments; for instance, Nigerian fintechs raised over $1.5 billion in 2021, according to TechCrunch, 2021 report.

With increasing access to digital financial services, Nigeria continues to play a crucial role in the African fintech landscape and is expected to expand further.

The above must have informed the position of Cynthia Alabi, a Revenue Growth Expert when airing her views at the Techeconomy Business Series.

Cynthia noted that Nigeria’s tech industry has been at the forefront of innovation and facilitating the realization of financial inclusion in Nigeria and Africa.

In her words:

“In the last decade, during which I have been privileged to be in the tech industry, I have seen a lot of innovation in the industry. I will say that technology has driven a lot of things. For instance, in the payment space, we all know how cumbersome it was for us to move money and handle collections, especially with traditional banks. But having some fintechs come in, we have seen what can be done in space, and they have done a beautiful job in that regard, which has then given birth to a lot of players.

“I am proud of what we have achieved in terms of innovation, especially in the payments sector. One can say Nigeria has one of the best systems in terms of payment and innovation in the tech space. We are doing a lot more in terms of payment than many countries.

Especially in the payment and technology space, we have moved forward, and we are getting better. I have also seen innovation in other industries, like logistics. I remember when the some fintech came in, and we have seen others as well. Nigerian entrepreneurs are starting similar initiatives and making transportation much easier. Now we see the Lagos State Government starting LAGRIDE.

There are a lot of successful startups, and while many have yet to progress to the IPO stage, almost a billion or more is being generated by the likes of Moove, which is also doing great things in logistics and contributing to the economy. I think the startups in Nigeria have also helped in terms of employment, but we can do more, especially in terms of expansion. So I would say that we have companies like startups emerging; we have many of them, and they are coming up. I think we can do more, especially in terms of managing investments and ensuring that the growth we have achieved is sustained. I would also like to see software-as-a-service companies emerging in the startup space.

I believe that we are going to improve, and the reason for this is that while we are seeing more government support, we are also seeing individuals taking the bull by the horns. If we continue, I think a lot will happen in the future for Nigeria. We would reach a point where Nigeria would be referred to as a place of opportunities in technology. Some opportunities are already being tapped, and in the distant future, we will start seeing people reap the rewards of these opportunities.

Artificial Intelligence will be a game changer, and there is going to be a lot happening where tech companies will excel beyond traditional companies. I believe that is where we will see much innovation, with people creating more things that AI can do for them, making life easier and better for us as a country. Yes, the future of technology is bright in Nigeria, and in terms of game changers, I think Artificial Intelligence is worth looking out for.

Aside from business and innovation, especially for those from non-technical industries, I always mention in every space I speak that they should not think that because they are non-technical, they do not add any value to how Nigeria is growing or to the tech industry. There are many opportunities, but it may require learning more about the industry and products. You do not have to be a founder to start a business. If you find yourself in a situation where you need to build and contribute in the tech space, whatever field you are working in, you can easily transition into tech and add value.

While noting that Artificial Intelligence will set the pace for future innovation, Cynthia also predicted that the Nigerian tech industry is going to improve with government support. “Artificial Intelligence will be a game changer, and there will be a lot happening with tech companies compared to what we have seen with traditional companies.

I think there will also be much innovation as people create more things that AI can do for them, making life easier and better for us as a country. Yes, the future of technology is bright in Nigeria, and in terms of game changers, I think Artificial Intelligence is worth looking out for.

The reason for this is that while we are seeing the government becoming more supportive, we are also witnessing individuals taking the initiative. If we continue, I think a lot will happen in the future for Nigeria.

We will reach a point where Nigeria will be referred to as a place of opportunities in technology because there are opportunities already being tapped. In the distant future, we will start seeing people reap the rewards of these opportunities.”

October 25, 2024
Flutterwave, MTN Nigeria, and Bolt Top Media Engagement in Q3 2024 – Report

Despite Nigeria’s prevailing economic difficulties, including heightened inflation and increasing operational costs, the fintech, telecommunications, and ride-hailing industries have maintained a robust media presence and public awareness footprint.

This sustained success is attributed to strategic media relations, effective marketing campaigns, and the impressive data shared with the media during Q3 2024, which collectively bolstered public perception and instilled confidence in these sectors.

An in-depth media performance analysis conducted by P+ Measurement Services, Nigeria’s leading media intelligence and PR audit agency, tracked and audited media coverage of these sectors across both online and print platforms.

The agency monitored over 1.3 million online publications—spanning blogs, branded publications, forums, and global news sources—alongside approximately 5,115 print publications, including daily, weekly, and monthly editions.

This comprehensive tracking enabled P+ Measurement Services to extract key PR metrics, such as sentiment analysis of reporters, editors, publishers, and opinion leaders, CEO performance assessments, spokesperson analysis, and overall topic prominence.

Source: P+ Measurement Services

Key Insights from Q3 Media Performance Audit:

Fintech Sector:
The audit examined eight fintech companies, highlighting their competitive dynamics through extensive media tracking.

Flutterwave emerged as the frontrunner, capturing a significant 42% share of total media coverage, largely driven by the expansion of its SEND App Remittance Service to 49 U.S. states.

This reflects Flutterwave’s strong media strategy, showcasing its influence and outreach. Following Flutterwave, Moniepoint attained a 29% share, propelled by its announcement of new security features to enhance customer protection.

Opay held 20% of the media share, supported by its introduction of a Night Guard feature, while Kuda trailed with a 9% share, indicating lower media engagement despite its growing customer base.

These results emphasize the competitive nature within the fintech sector, with Flutterwave’s proactive strategies setting the standard for media prominence.

Telecommunications Sector:

In telecommunications, MTN Nigeria dominated, achieving a 49% share of media coverage, significantly driven by the extension of its tower lease agreements with IHS Nigeria until 2032.

This reinforced MTN’s position as a market leader with a consistent and strategic media approach. Globacom followed with a 21% share, its visibility amplified by its partnership with the Lagos State Government on the M-Agric Lottery Service, aimed at food sufficiency.

In contrast, Airtel Nigeria and 9mobile registered 15% each in media coverage, highlighting the disparity in media engagement. MTN’s consistent and dominant media profile underscores its established influence and proactive communications strategy.

Ride-Hailing Sector:

Among the ride-hailing companies analyzed, Bolt Nigeria stood out, securing 51% of media exposure due to its proactive measures, such as introducing an optional verification feature for riders in Nigeria.

InDrive followed with 29%, driven by its celebration of achieving 5 billion deals, while Uber Nigeria secured 19%. Rida Nigeria lagged significantly with just 1% media visibility.

The variance in coverage reveals differing levels of media engagement and strategic media presence within the ride-hailing industry, with Bolt Nigeria clearly outperforming its competitors.

Comparative Analysis: Sector Disparities and Strategic Implications

The analysis draws attention to the concentration of media prominence within a select number of leading brands across the fintech, telecommunications, and ride-hailing sectors.

This trend highlights the critical role of strategic media management, where top brands such as Flutterwave, MTN Nigeria, and Bolt Nigeria have effectively leveraged media relations to sustain strong public profiles, reinforcing their market dominance and credibility.

The disparity in media engagement across sectors further emphasizes the varying levels of success in deploying tailored PR and communications strategies.

In a rapidly evolving digital landscape, maintaining consistent and strategic media visibility is crucial for brands seeking to remain competitive and relevant, especially within Nigeria’s dynamic business environment.

October 22, 2024
Bright Ukwenga, Olaniyi Yusuf, Others to Empower Leaders at Lead the Future conference

The inaugural edition of Lead the Future Conference, Africa’s foremost leadership conference for next generation leaders, is set to take place in Lagos on November 22nd and 23rd, 2024.

The event will host an array of industry leaders with the aim to explore strategies for leaders to position themselves and their organizations for future success by building a culture of envisioning, driving, and adapting to changes within their industry.

The event scheduled to hold at the Lagos Oriental Hotel in Victoria Island with the theme: “Strategic Positioning: Leadership and Competitiveness in an Era of Disruption” will feature speakers including Mr. Bright Ukwenga, CEO ScribeTribe Africa; Mr. Olaniyi Yusuf, chairman, Nigerian Economic Summit Group; Mr. Bode Agoro, Head of Service, Lagos State Government; Mrs. Odunayo Sanya, Executive Director, MTN Foundation; Mr. Niyi Adesanya, CEO, FifthGear Plus; Mr. Emmanuel Asika, Country Director, HP Nigeria; Mr. Victor Gbenga Afolabi, Founder and CEO, Eko Innovation Centre; Mrs. Adeola Azeez, Former Chairperson of WIMBIZ and founder, AACCF; and Mr. Sinari Bolade Daranijo, Board Member, LSETF and CEO, Sinbol Group.

Announcing the event, the convener, Ukwenga, said,

“The Lead the Future Conference is specially curated to empower the next generation of transformational leaders to be at the forefront of innovation, development, and social change. It will be a high-definition experience blending education, art, and technology for immersive learning, bonding, and networking.”

“The conference will be a convergence of leaders from both the private and public sectors looking to be future-ready, and our Special Guest of Honour for the occasion is His Royal Majesty Oba Abdulwasin Omogbolahan Lawal, CON (Abisogun II), Oniru of Iru Land.”

At the event, participants will benefit from a comprehensive program featuring insightful discussions by industry leaders as well as personalized mentoring, vision boarding, future mapping, and high-impact networking opportunities.

October 22, 2024
Glovo Partners with LASG, She Code Africa to Host Women in Tech Bootcamp

Glovo, a pioneering multi-category app, has announced the launch of a transformative Women in Tech Bootcamp, in partnership with the Lagos State Ministry of Commerce, Cooperatives, Trade and Investment, and She Code Africa.

This groundbreaking initiative aims to equip 100 women with essential digital skills to excel in the dynamic tech industry by providing fully funded scholarships for the bootcamp.

Glovo’s Commitment to Driving Gender Equality in Tech

Glovo is deeply committed to reducing the gender tech gap as part of its long-term strategy to create equal opportunities for women in the tech industry.

By actively developing and leading initiatives like this Women in Tech Bootcamp, through strategic collaborations with She Code Africa and Government stakeholders, Glovo is working to empower women with the technical skills, mentorship, and professional development needed to succeed in the digital space.

These bootcamps are a key part of Glovo’s global mission to drive gender equality and create a more diverse and innovative tech ecosystem.

This initiative builds on Glovo’s broader efforts across various countries, including Spain, Ghana, and Morocco where similar programs have been implemented to address the gender imbalance in tech.

In Spain and Ghana, over 100 women have benefited from hands-on training, access to industry mentors, and career placement opportunities whilst Morocco is set to kickoff in November as well.

The tangible impact of these initiatives reinforces Glovo’s commitment to creating long-term change in the tech industry and fostering an inclusive digital economy.

“At Glovo, we are committed to fostering a diverse and inclusive workforce,” said Lamide Akinola, General Manager of Glovo Nigeria. “By creating opportunities like this bootcamp, we aim to unlock a wealth of untapped talent and drive long-term change in the tech ecosystem.”

Collaborating with Lagos State Government for Inclusive Economic Growth

“We are excited to partner with Glovo and She Code Africa to deliver a program that empowers women to excel, innovate, and lead in the dynamic tech industry,” said Mrs. Folashade Ambrose-Medebem. “This initiative aligns with Governor Babajide Sanwo-Olu’s T.H.E.M.E.S+ Development Agenda, particularly its Fourth Pillar, which emphasizes ‘Making Lagos State a 21st Century Economy.’ The program is committed to driving inclusive economic growth by empowering underrepresented groups, especially women, to seize opportunities in the tech sector.

“The United Nations Sustainable Development Report 2023 predicts it will take 300 years to close the gender equality gap, yet McKinsey 2022 reports that empowering women globally could add $28 trillion to the global GDP. This partnership shows that women’s empowerment is not just a social imperative but a critical economic driver.

“I am also pleased to announce we are bringing onboard the Ministry of Innovation, Science, and Technology, led by Dr. Tubuson, to further bolster this initiative. This strategic partnership reinforces Lagos’s commitment to leveraging technology for women’s empowerment, driving economic growth, and positioning Lagos as a hub of technological advancement and inclusive development. By equipping women with critical digital skills, we are building more diverse leadership in tech and positioning Lagos as a hub of innovation and enterprise. I am also pleased to see this initiative contribute to the long-term prosperity of our state.”

Building a Strong Tech Ecosystem

“This impact-driven initiative spearheaded by Glovo is set to provide women with the skills and support needed to succeed in the tech industry,” said Chidera Akwuba, regional head government and public relations, Sub-Saharan Africa at Glovo. “This initiative underscores Glovo’s long-term commitment to fostering innovation and inclusive development in Nigeria.”

The bootcamp will also offer networking opportunities, mentorship, and insights from seasoned professionals, empowering women to lead in the tech space and contribute to Lagos and Nigeria’s economic growth.

October 17, 2024
Excitement as GOCOP 2024 Confab Begins in Lokoja

There is palpable excitement as the 2024 annual conference of the Guild of Corporate Online Publishers, GOCOP, begins today, Wednesday, October 2, in Lokoja.

Hosted by the Kogi State Government with a plethora of partners and sponsors identifying with the Guild, the two-day conference provides a veritable platform for dissecting critical issues of security, power and economy in the country.

The confab will explore the theme: “Nigeria: Tackling insecurity, power deficit, and transitioning to digital economy.”

Former governor of Cross River State, Senator Liyel Imoke, will give the keynote address.

The two-day event will also feature GOCOP members’ exclusive business and capacity building sessions; business lunch with GOCOP sponsors and heads of corporate communications of organisations and media advisers in the country on Wednesday, October 2.

The main conference that is open to the public is on Thursday, October 3.

Confirmed speakers for the event include;
Yusuf Mamman, former Nigeria’s Ambassador to Spain, who is the conference chairman, Lt-General Tukur Yusuf Buratai, former Nigerian chief of army Staff (retd), and Aminu Maida, the executive vice chairman, Nigerian Communications Commission (NCC).

The conference will also feature a panelists session involving Rotimi Ajayi, a professor of Political Science at the Federal University, Lokoja, and Debrah M. Ogazuma, an edutainment communicator and veteran broadcaster.

In 2021, Boss Mustapha, as the Secretary to the Government of the Federation and Chairman of the Presidential Task Force on COVID-19, keynoted the conference and spoke on: “Post Covid-19 Pandemic: Recovery and Reconstruction in Nigeria.”

Professor Mahmood Yakubu, chairman, Independent National Electoral Commission, delivered the keynote at the 2022 edition themed “2023 Elections: Managing the Process for Credible Outcome.”

Corporates and organisations on the list of sponsors and partners are National Petroleum Company Limited (NNPCL), Delta and Lagos State governments, Nigeria LNG Limited (NLNG), and the Federal Inland Revenue Service (FIRS). Other sponsors are the Joint Admission and Matriculation Board (JAMB) and T-Pumpy Concept Limited.

Others are Nigerian Content Development and Monitoring Board (NCDMB), Emadeb Group and Dangote Group, TotalEnergies, Nigeria Civil Aviation Authority (NCAA), Setraco Nigeria Limited, United Bank for Africa (UBA) and Nigerian Communications Commission (NCC), Nigerian Safety Investigation Bureau (NSIB), Access Bank plc, Zenith Bank plc, First City Monument Bank (FCMB), Fidelity Bank plc, Sovereign Trust Insurance Plc (STI), Nigerians in Diaspora Commission (NIDCOM) and National Film and Video Censors Board (NFVCB) to name but a few.

October 2, 2024
NNPCL, NLNG, FIRS, others Partner GOCOP for 2024 conference

More sponsors have supported the hosting of the eighth annual conference of the Guild of Corporate Online Publishers (GOCOP) from October 2 to October 3, in Lokoja, Kogi State. Leading the pack of sponsors are the Nigerian National Petroleum Company Limited (NNPCL), Delta and Lagos State governments, Nigeria LNG Limited (NLNG), and the Federal Inland Revenue Service (FIRS).

Other sponsors are the Joint Admission and Matriculation Board (JAMB) and T-Pumpy Concept Limited.

Danlami Nmodu, 2024 Conference Planning Committee, chairman, confirmed this in a press statement by Remmy Nweke, GOCOP publicity secretary, recalled that the Nigerian Content Development and Monitoring Board (NCDMB), Emadeb Group and Dangote Group had earlier pledged their support for the event.

Other sponsors include the TotalEnergies, Osun State, Nigeria Civil Aviation Authority (NCAA), Setraco Nigeria Limited, United Bank for Africa (UBA) and Nigerian Communications Commission (NCC), Nigerian Safety Investigation Bureau (NSIB), Access Bank plc, Zenith Bank plc, First City Monument Bank (FCMB), Fidelity Bank plc, Sovereign Trust Insurance Plc (STI), Nigerians in Diaspora Commission (NIDCOM) and National Film and Video Censors Board (NFVCB) to name but a few.

According to him, the eighth conference theme is “Nigeria: Tackling Insecurity, Power Deficit, and Transitioning to Digital Economy”. Former governor of Cross River State, Senator Liyel Imoke, will give the keynote address.

The two-day event will also feature GOCOP members exclusive business and capacity building sessions; business lunch with GOCOP sponsors and heads of corporate communications of organisations and media advisers in the country on Wednesday, October 2. The main conference that is open to the public is on Thursday, October 3.

Confirmed speakers for the event include Yusuf Mamman, former Nigeria’s Ambassador to Spain, who is the conference chairman, Lt-General Tukur Yusuf Buratai, former Nigerian chief of army Staff (retd), and Aminu Maida, the executive vice chairman, Nigerian Communications Commission (NCC).

The conference will also feature a panelists session involving Rotimi Ajayi, a professor of Political Science at the Federal University, Lokoja, and Debrah M. Ogazuma, an edutainment communicator and veteran broadcaster.

Nmodu recalled with excitement that GOCOP conference 2023 was chaired by the JAMB Registrar and Chief Executive, Prof Ishaq Olarenwaju Oloyede, while the first Nigerian Professor of Capital Market, Prof. Uchenna Joseph Uwaleke was the keynote speaker.

Preceding speakers at the GOCOP annual conferences consist of Rev. Matthew Hassan Kukah, the Bishop of the Catholic Diocese of Sokoto who in 2019 delivered a lecture on “Economy, Security and National Development: The Way Forward.”

In 2021, Boss Mustapha, as the Secretary to the Government of the Federation and Chairman of the Presidential Task Force on COVID-19, keynoted the conference and spoke on: “Post Covid-19 Pandemic: Recovery and Reconstruction in Nigeria.”

Professor Mahmood Yakubu, chairman, Independent National Electoral Commission, delivered the keynote at the 2022 edition themed “2023 Elections: Managing the Process for Credible Outcome.”

GOCOP was established to ensure that online publishers uphold the tenets of journalism.

September 21, 2024
Dr. Obadare Peter Adewale Appointed Professor of Practice at Miva Open University

Dr. Obadare Peter Adewale, the Founder and Chief Visionary Officer, Digital Encode Limited, Forbes Best of Africa Outstanding Digital Trust Leader, has been appointed as the first Professor of Practice (Cybersecurity) in Nigeria.

Dr. Obadare’s letter of appointment as a Professor of Practice (Cybersecurity) by Miva Open University, Abuja, dated 1st of July 2024 and was signed by the University’s Registrar, Iheanyi Akwitti.

Dr. Obadare Peter Adewale

The position of Professor of Practice is awarded to distinguished individuals of recognized professional standing, with significant track record of exceptional professional experience in their field.

This Professor of Practice appointment will offer Dr. Obadare, arguably the most “credentialed” global digital trust leader, cybersecurity strategist, and GRC thought leader the opportunity to draw from his extensive industry and professional expertise, to provide links for students in theoretical principles, conceptual and functional application of cybersecurity knowledge, consequently, bridging the gap between academia and industry.

Miva Open University headed by Professor Tayo Arulogun, the Vice Chancellor, will have the opportunity of exposing the students to real-world experiences and practical knowledge, networking opportunities with industry professionals, improved employability through building of up-to-date skills and competence. In addition to developing capacity and knowledge in areas of vulnerability management, penetration testing, computer forensics, risk management and compliance etc., from Dr. Obadare with this appointment.

He will be collaborating with the University to enhance its reputation through association with industry leaders, fostering stronger connections within the industry for research and development, improving curriculum relevance and innovation.

In his reply, Dr. Obadare expressed his appreciations for the privilege to contribute to Miva Open University’s purpose of preparing people for opportunity and improving society through education.

In his words, “I am truly honoured to join Miva Open University as a Professor of Practice in Cybersecurity, the first in Nigeria, and thrilled to work with the University in deepening ‘town and gown’ relationship.

“This appointment offers the opportunity to give back to the society and I look forward to synergizing with other faculty members to stimulate growth and value creation.”

Dr. Obadare Peter Adewale is a seasoned Multi-Award PAN-African Digital Trust Leader, CyberSecurity Strategist, GRC Thought Leader & Global Technopreneur with over 58 (Fifty-Eight) international professional certifications to his credit, Master of Science in Cybersecurity, Liverpool University, UK, and was awarded Honorary Doctorate Degree in Cybersecurity from Trinity International University of Ambassadors Atlanta Georgia, United State of America.

A Fellow British Computer Society (FBCS), Fellow Institute of Management Consultants (FIMC), Fellow Institute of Information Management (FIIM), Fellow Enterprise Security Risk Management (FESRM), Chartered Information Technology Professional (CITP-UK), Chartered Risk Manager (CRM-Nigeria), The First PECB Certified Data Protection Officer (CDPO) in Nigeria, The First PECB Lead Pentest Professional in Nigeria, First Global PECB Certified Digital Transformation Officer (CDTO), The First Ec-Council Licensed Penetration Tester (LPT) in Africa , First Ec-Council Certified Blockchain in Africa, Second COBIT 5 Certified Assessor in Africa, Payment Card Industry Data Security Standard Qualified Security Assessor (PCI DSS QSA), Forbes Technology Council Official Member and Forbes Best of Africa Outstanding Digital Trust Leader 2023 Awardee.

He is a well-recognized subject matter expert with numerous successful engagements to his credit in Africa and the world. His skills and experience spans Data Privacy, Data Protection, CyberSecurity, Information Security, Vulnerability Management, Penetration Testing, Computer Forensics, Business Continuity, I T Governance, Risk Management and Compliance.

He is a Cybersecurity Advisory Board Member for Lagos State Government, a Platinum Team Member of Open-Source Security Testing Methodology Manual (OSSTMM), as well a lifetime member of the Open Worldwide Application Security Project (OWASP).

He is an alumnus of FATE Foundation and US Department of State Exchange program.

He is also a distinguished alumnus of executive education at Harvard Business School, Harvard School of Government, MIT Sloan School of Management, MIT Professional Education and Oxford University – Said Business School, amongst other laurels.

August 8, 2024
Interswitch e’Clat Reiterates Commitment to Quality Healthcare at Global Tech Africa

Interswitch e’Clat, the health-tech subsidiary of the Interswitch Group, Africa’s leading integrated payments and digital commerce company, has underscored its unwavering dedication to elevating healthcare services across Nigeria through its advanced smart health information platform.

Dr. Babajide Oyeduntan, Vice President, Business Development and Sales, Interswitch e’Clat, made this assertion at the highly impactful Global Tech Africa (GTA) Conference recently held at the Landmark Event Centre in Lagos.

GTA is an annual conference that brings together critical stakeholders in Africa’s technology ecosystem to explore opportunities in the continent to harness technology for growth and development. During a stimulating roundtable discussion themed “Building Robust Health Data Systems in Africa,” Dr. Oyeduntan spotlighted the remarkable strides by Interswitch e’Clat in revolutionizing healthcare data access and integration.

He reaffirmed that Interswitch e’Clat has made significant impact in ensuring seamless access to health data and streamlining data integration across numerous health laboratories nationwide.

He said, “Our vision is to create an improved healthcare ecosystem where healthcare providers are provided with comprehensive access to patient information, ensuring quality of healthcare.”

Highlighting the collaborative efforts by Interswitch e’Clat, Dr. Oyeduntan spoke on the recent partnerships with the Ogun and Lagos State governments.

According to him, the strategic alliances aim to transform the health sectors within these states, setting a benchmark for regional healthcare excellence. The partnerships focus on developing robust health information systems, implementing electronic medical records, and facilitating real-time data access and analyses.

The Vice President noted that partnering with state governments is a pivotal step in Interswitch’s mission to enhance healthcare delivery.

He said that the initiatives in Ogun and Lagos States are tailored to modernising healthcare infrastructure, reduce inefficiencies, and ultimately improve patient outcomes.

He was optimistic that through the collaborations, Interswitch e’Clat will establish a replicable model for other states and regions to follow.

The smart health information platform presented by Interswitch e’Clat is designed to address critical issues such as fragmented healthcare data, inefficient patient management systems, and the lack of coordinated care, all of which sum up the reality of our healthcare system.

This initiative by Interswitch e’Clat is not just a leap towards technological advancement, but a testament to its commitment to public healthcare.

In light of the foregoing, Interswitch e’Clat is revolutionizing the Nigerian healthcare sector, setting new standards in health information technology.

July 29, 2024
LASG Launches Ilera Eko Standard Jaara Health Insurance Plan

Governor Babajide Sanwo-Olu, the Lagos state governor, has launched the Ilera Eko Standard Jaara Health Insurance scheme, offering annual plans ranging from N15,000 to N80,000.

The Lagos State government announced on its website after the launch ceremony on Tuesday.

The event also saw the commissioning of five Ilera Eko Virtual Booths to serve the informal sector, including market traders, artisans, and grassroots stakeholders.

The Ilera Eko Standard Jaara Health Insurance scheme is a comprehensive package incorporating Telemedicine, annual medical screenings, and specialized treatments in Cardiology, Ear, Nose, and Throat (ENT), and Orthopedics, among others.

According to the Lagos State Health Management Agency (LASHMA), this initiative highlights the ongoing efforts to improve healthcare accessibility.

“We are committed to continuing to introduce policies and reforms that ensure our residents have access to quality healthcare services.

“I urge everyone, especially those in the informal sector, to enroll in the ILERA EKO scheme to reduce out-of-pocket medical expenses.”

Governor Sanwo-Olu detailed the structure for the Ilera Eko Standard Jaara Health Insurance Plan: N15,000 per individual annually, N55,000 for a family of four, and N80,000 for a family of six, with additional dependents below 23 years old paying N10,000 each per year.

“To enjoy the Standard Jaara Health Insurance Plan, an individual will pay a premium of N15,000 per annum. Payment of premium on our family plan has been stratified in line with the feedback received from our Enrollees.

While a family of four consisting of the father, mother, and two children below 23 years, will pay N55,000 per annum, a family of six, consisting of the father, mother, and four children also below 23 years, will pay N80,000 per annum.

The Governor highlighted the role of the informal sector, which comprises 70% of Lagos State’s population, urging them to take advantage of the new health initiatives.

He emphasized that his administration’s efforts, as outlined in the T.H.E.M.E.S+ Development Agenda, include enrolling all public servants in the ILERA EKO scheme with the government covering 75% of their premiums.

From August 2024, all Lagos State pensioners will receive free one-year ILERA EKO coverage.

“The focus of our administration, as outlined in the T.H.E.M.E.S + Development Agenda, includes improving health outcomes.”

“To this end, we have enrolled all public servants in the ILERA EKO scheme, with the government covering 75% of their premiums.”

“Starting in August 2024, all Lagos State pensioners will receive free one-year ILERA EKO coverage which will ensure their access to healthcare in retirement. We are doing all these to enhance our UHC goal.”

Sanwo-Olu also introduced five new ILERA EKO Virtual Booths in Yaba, Ketu Bus Stop, Adamo Market, Sabo Market, and Ayetoro Market in Epe.

According to the governor, these booths aim to bring healthcare services closer to the people, particularly market men and women, by providing first-line health services without the need for lengthy hospital visits.

“We have heavily subsidized the health insurance premium to ensure everyone can access healthcare. The Virtual Booths are designed to expand the reach of LASHMA’s health insurance scheme across the state,” Sanwo-Olu noted.

He also encouraged the formal sector to ensure their employees are registered under the scheme to reduce corporate medical expenses.

In his remarks, Mr. Adebayo Adedewe, the chairman of LASHMA’s Governing Council, announced that 300 Virtual Booths are planned to cater to grassroots needs.

Governor Sanwo-Olu announced that he signed an Executive Order to reinforce the new health initiatives, urging residents to embrace the Lagos State Health Scheme.

He warned that while the administration prefers enlightenment over enforcement, violators of the Lagos State Health Scheme (LSHS) Law and the National Health Insurance Authority (NHIA) Act would face consequences.

Meanwhile, Governor Babajide Sanwo-Olu also approved the reintroduction of monthly environmental sanitation in the state.

The state Commissioner for Environment and Water Resources, Tokunbo Wahab, who disclosed this, noted that the State Executive Council has also given its approval for the introduction of the monthly exercise.

He, however, said the sanitation which would commence in July, would be officially announced by the governor soon.

“Lagos governor, Babajide Sanwo-Olu, and the state executive council have approved the re-introduction of the monthly sanitation.

“The governor will announce it officially for the exercise to commence this month,” Wahab, who spoke in Yoruba language, said in a 21-second clip shared on the Lagos State Environmental Update page on X.

The government stopped the monthly environmental sanitation exercise in the state in 2016.

The government said the exercise, which used to be held for three hours on the last Saturday of every month with restrictions on movement, needed to go to pave the way for a much-needed reform.

Mr. Steve Ayorinde, then Commissioner for Information and Strategy, in a statement, said the decision to cancel the monthly exercise followed a resolution adopted at the State Executive Council meeting.

“Lagos has grown exponentially with the attendant environmental problems associated with managing 20 million people. The environmental laws and procedures being practiced in the state have not been able to match the growth and the dream of a 24-hour economy,” Ayorinde had then said.

However, the reintroduction of the monthly environmental sanitation may not be unconnected to the recent flooding affecting some major parts of Lagos due to incessant rain.

Business and commercial activities were grounded on July 3, 2024, following a 10-hour downpour in many parts of Lagos and Ogun states.

The resulting flooding brought down a two-story building in the Mushin area of Lagos, grounded vehicular movement on the roads and overwhelmed thousands of residents while pupils could not attend schools in parts of the states.

Though the Lagos State Government said the rain lasted for nine hours, in some parts of the state, it started at midnight and did not subside until noon, making it 12 hours.

Such places include Berger, Ikeja, Ogba and in some parts, the rain lasted for 10 hours.

July 17, 2024
Interswitch eClat Champions Health-Tech Innovation

Interswitch eClat, a health-tech subsidiary of the Interswitch Group, has reaffirmed its commitment to providing Nigerians with quality healthcare services through innovative health-tech solutions.

Dr. Babajide Oyeduntan, vice president of Business Development and Sales, Interswitch eClat, made this known recently during the Lagos Health Summit 5.0., at the MUSON Center in Lagos.

The Lagos Health Summit is an annual conference that brings together healthcare professionals, policymakers, and industry experts to discuss the latest trends and innovations in healthcare.

The theme of this year’s event, ‘The Future of Wellness: Fostering Collaboration for a Healthier Population,’ set the stage for in-depth discussions and collaborations aimed at fostering a healthier population through innovative health-tech solutions.

The summit featured a rich agenda of panel sessions and presentations, designed to inspire, and equip participants with the tools and knowledge to drive change in the health sector.

The Lagos Health Summit, which was sponsored by Interswitch eClat, was attended by key stakeholders, including health professionals, policymakers, industry leaders and researchers, among others.

Delivering a keynote address, Oyeduntan highlighted the numerous benefits of telemedicine, including operational efficiency, digitisation of patient records, and establishing a centralised database for secure medical history storage, treatments, and test results. He noted that these advancements enable patients to consult with healthcare professionals remotely, ensuring continuous and accessible care.

He said,

“The future of wellness hinges on our ability to leverage technology for improved health outcomes. Infusing technology into the healthcare system will drive efficiency by streamlining operations, enhancing patient record management, and enabling remote consultations. Telemedicine is critical as it offers operational efficiency and seamless payment solutions. Interswitch eClat is at the forefront of this transformation, enhancing the quality of healthcare services in Nigeria and beyond. We are excited to drive these innovations and improve healthcare delivery for all.”

The Vice President further revealed that Interswitch recently introduced a Smart Health Information Platform (SHIP) with the Lagos State Government, stating that the platform will enhance healthcare services by offering a unified system for accurate, up-to-date patient information accessible across various facilities, improving coordination and efficiency.

Digitialising health records and administrative processes is expected to reduce paperwork and bureaucratic delays, allowing healthcare workers to focus more on patient care.

Additionally, SHIP will lower healthcare costs and ensure financial transparency through its integrated payment system, mitigating the risks of fraud and corruption within the healthcare system.

Oyeduntan also highlighted that Interswitch eClat platform is used across federal and state healthcare centers, as well as private hospitals across the country.

Interswitch eClat is committed to transforming health services delivery in Nigeria and beyond. By harnessing the power of innovative health-tech solutions, the company aims to create a more efficient, accessible, and patient-centric healthcare ecosystem.

June 29, 2024
President Tinubu Appoints Tunji Bello as New FCCPC CEO/EVC

By Destiny Eseaga

President Bola Tinubu has approved the appointment of Mr. Olatunji Bello as the new Chief Executive Officer/Executive Vice-Chairman of the Federal Competition and Consumer Protection Commission (FCCPC), pending confirmation by the Senate.

This announcement was made in a press release by the State House, Abuja on Monday.

Mr. Bello is a lawyer, administrator, environmentalist, political scientist, and journalist. He previously served as the secretary to the Lagos state government and currently holds the position of commissioner of environment and water resources under the administration of Babajide Sanwo-Olu in Lagos state.

This appointment adds Mr. Bello to the list of individuals who have worked with President Tinubu during his tenure as the Governor of Lagos State..

Tunji Bello’s Profile

Mr. Bello holds a bachelor’s degree in political science from the University of Ibadan, a master’s degree in international law and diplomacy from the University of Lagos, and a Bachelor of Laws (LL. B) from the same institution.

He is a Barrister in Law qualifying from the Nigerian Law School. He was called to the Nigerian Bar in 2002.

Bello began his media career in journalism at the defunct Concord Newspapers in 1985, quickly rising through the ranks from features writer to assistant features editor and then politics editor. He was later promoted to become the Group Political Editor, Sunday Concord Editor, and Editor of National Concord.

He is the winner of the US Alfred Friendly Press Fellowship.

He later served as Chairman of the Editorial Board of THISDAY Newspapers.

His international experience includes being a Staff Writer with the St. Petersburg Times in Florida and the US News & World Report in Washington, D.C.

His career in public service and political career began when he served as the special assistant to MKO Abiola, who won the annulled June 12, 1993, presidential election.

After the annulment, Mr. Bello joined the Nigeria pro-democracy movement called the National Democratic Coalition (NADECO), which fought for the establishment of democracy in Nigeria.

In 1999, when the military handed over to the democratic government, Mr. Bello joined Governor Bola Ahmed Tinubu’s cabinet in Lagos state.

In 2003, he served as the commissioner for the environment and the head of the Lagos State Signage and Advertising Agency (LASSA) under the Tinubu government.

He joined the Babatunde Fashola administration in Lagos state where he served as the commissioner for environment in 2011-2015.

Bello was appointed as the secretary to the state government in 2015 by the then-governor of Lagos State, Akinwunmi Ambode.

He joined the Governor Babajide Sanwo-Olu administration in 2019 and serves as the commissioner for environment and water resources.

According to the announcement, President Tinubu expects the new Chief Executive Officer of the agency to fully realize the Commission’s mandate by safeguarding and advancing the interests and welfare of Nigerian consumers.

This includes implementing comprehensive measures to ensure the safety and quality of goods and services.

June 25, 2024
LASTMA Seizes 40 Vehicles to Tackle Illegal Garages, Ease Traffic Congestion

The Lagos State Traffic Management Authority (LASTMA) has impounded 40 vehicles operating illegal garages in Oyingbo, Ijora, and Idumota to tackle traffic congestion.

The targeted areas are known for unauthorized parking and makeshift garages that obstruct traffic and pose risks to pedestrians.

Mr Taofiq Adebayo, LASTMA’s Director of Public Affairs, said the operation is part of an initiative to restore order on Lagos roads and ensure a seamless transportation network.

Led by Mr. Kayode Odunuga, Head of Enforcement at LASTMA, and directed by Mr. Sola Giwa, Special Adviser to the Governor on Transportation, the situation aims to create a safer and more orderly environment for commuters and residents alike.

The impoundment exercise, which began recently, aligns with the newly unveiled Lagos State Transport Policy, focusing on regulating street and on-street parking through the Lagos State Parking Authority (LSPA).

This policy seeks to curb obstructive parking practices, thereby facilitating smoother traffic movement across primary and secondary roads and central business districts.

Authorities have pointed to the importance of adhering to traffic regulations to prevent disruptions caused by illegal garages and related activities. The Lagos State Government is focused on sustaining these efforts and extending them to other areas where similar issues are seen.

June 21, 2024
LASG Inks MoU with Interswitch for Development of Smart Health Information Platform “LAGSHIP”

The Lagos State Government has officially signed a concession agreement with one of Africa’s leading integrated technology enablers, Interswitch, through its Healthtech subsidiary, Interswitch eClat, to develop and manage the Lagos Smart Health Information Platform (LAGSHIP).

Nigeria’s healthcare industry remains grossly underfunded with several other challenges, lacking a truly national/integrated framework for healthcare service delivery due to fragmentation among health stakeholders.

A recent report from Knight Frank estimates Nigeria would require about $82 billion of investment in health-care assets to reach the global average.

Healthcare institutions continue to struggle with daily operations due to a myriad of constraints and process inefficiencies.

The foregoing is the backdrop against which this latest public-private partnership milestone championed by the Lagos State Government is being launched with a view to positioning Lagos, Nigeria’s largest economic hub as a model for sub-nationals in strategic healthcare delivery interventions.

Babajide Olusola Sanwoolu, the governor of Lagos State, highlighted the significance of the Lagos State Smart Health Information Platform Project as one unprecedented in Nigeria till date.

The Governor, in his remarks asserted that;

“The signing of the Concession Agreement between the Lagos State Government and Interswitch for the implementation of the Smart Health Information Platform (SHIP) is a ground-breaking development which signifies the start of a comprehensive technological overhaul in Lagos State’s health sector, aimed at enhancing residents’ access to healthcare services.”

Governor Sanwoolu further remarked that “I believe that this platform represents a significant and innovative approach to utilizing technology for accessing health information. It is poised to deliver numerous benefits and eliminate payment barriers, thereby encouraging citizens to actively engage with the process.”

Capitalizing on over 2 decades of experience and strategic expertise digitizing transactions and aggregating technology platforms across Africa, by virtue of this concession, Interswitch will support the State Government in securely leveraging data harnessed from electronic medical records deployed across all hospitals (public and private) and allied locations within the industry value chain, to create enhanced experiences for all stakeholders, from administrators to medical personnel, patients, as well as for better planning and policy-making, ultimately.

The strategic objective is to address gaps within the healthcare delivery system by creating an ecosystem that facilitates deeper connections between stakeholders and essentially addressing fragmentation by connecting patients to doctors, practices to public offices and patients to their medical data, thereby solving the operational problems of hospitals and healthcare providers through the robust over-arching technology infrastructure that LAGSHIP represents.

Commenting after the signing ceremony, which was jointly signed by the Honourable Commissioner for Health, Dr. Akin Abayomi and the Special Adviser to The Governor on Public-Private Partnerships (PPPs), Mrs. Bukola Odoe, and witnessed by the Executive Governor and selected members of the Lagos State Executive Council at the State House, Marina, Mitchell Elegbe, the founder and group managing director/chief executive officer of Interswitch Group, remarked:

“22 years ago, we set out with a clear vision to solve social problems in Nigeria, starting by digitizing the use of cash, making it available to Nigerians just-in-time. Today, despite the incremental efforts of Interswitch and other players over the years, digital payments are estimated to be still less than 20% of total transactions in the economy.

This realization suggests that there is tremendous value, financial and otherwise, locked up in sectors and areas where government is a key player, particularly in the aspects of healthcare, transportation, and other basic social services. This vision we had from the outset underpinned our acquisition of eClat Healthcare 5 years ago, and initiatives such as Lagos-SHIP are unfolding strategic interventions along that transformational roadmap.

We are highly delighted that after a rigorous selection process, the Lagos State Government has deemed it fit to partner with us at the Interswitch Group on this epoch-making journey to digitize the healthcare system, uniting disparate elements into one holistic platform that creates value and enhances the experience of all stakeholders, just like we’ve done in the sphere of financial services, leveraging technology.”

Also speaking at the signing ceremony, Dr. Wallace Ogufere, the managing director for Interswitch eClat, Interswitch’s Healthtech Venture, opined that the Lagos State Government’s pioneering initiative in the form of LAGSHIP is significant in terms of advancing the outlook for Healthcare Management and Administration in a frontier-market such as Nigeria, and moving closer to what obtains in developed economies.

In his words “The go-live of the Lagos Smart Health Information Platform will significantly close many identified gaps in electronic medical records management, essentially addressing long-standing constraints including process inefficiencies, limited transparency and inadequacy of necessary tools and supplies, among other challenges.”

This partnership between the Lagos State Government and Interswitch represents a unique model for public-private partnership in the healthcare delivery space, and one which is expected to be a veritable reference point for national and sub-national governments in Africa going forward.

June 19, 2024

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