Nigeria’s cybersecurity: FBI, Kaspersky halt this nonsense and make some sense

Shared 4 months ago

This week, I had the privilege of making a presentation on Cybersecurity and Trust as a resource person in the area of cyberspace law at the recently concluded Nigeria Internet Governance Forum (NIGF) in Kaduna. You could check up discussions and action-plans on www.nigf.org.ng.

Afterward, I traveled for a speaking engagement at Ahmadu Bello University, and in my hotel room at the Senior Staff club, I remember stumbling on an article published by the Nigeria Communications Week (https://goo.gl/2irvPe), about Kaspersky suggesting that Nigerians have massively carried out successful attacks on the cyberspace of global corporations (not individuals this time); and the Federal Bureau of Investigation (FBI) estimates such at $3,000,000,000 (three billion dollars). Kaspersky further stated ...

How many statutes make up the key legal frameworks for ICT in Nigeria

Shared 5 months ago

The Nigerian ICT sector segmented into three legal and regulatory regimes. The primary statute for Telecommunications is the Nigerian Communications Act (NCA), with the Nigerian Communications Commission (NCC) responsible for regulating the industry as well as enforcing the NCA. The NCA was enacted in 2003 following the adopted of the National Telecoms Policy by the Obasanjo Administration in 2001. Information Technology (IT) is governed by the National Information Technology Development Agency Act, enacted in 2007 in fulfilment of the Policy requirements contained in the National IT Policy of 2001. The Agency responsible for developing IT and regulating the IT industry is the National Information Technology Development Agency (NITDA). The last element in the legal framework that makes up ICT ...

Started a business? These tips can keep customers coming

Shared 5 months ago

Last month, I wrote an article titled NEW BUSINESS: HOW TO ATTRACT AND RETAIN FIRST CUSTOMERS? on this platform. This month, I’ll be writing on tips that can keep customers coming back again and again.

They are important tips that can literally move your business from hundreds to thousands or millions of customers (or users for technology start-ups).

As a recap: In the previous article, which was centered on research carried out on five successful start-ups: Konga, Jumia, Uber, Airbnb, and Jobberman, we explored three main points for attracting and retaining first customers, which are: Think like your customer and market, create a compelling experience, and leverage on circumstances. In this article, I intend to still use research from ...

The actual cost of Free Basics in Nigeria

Shared 5 months ago

Recently, I was reading a book Predictably Irrational by one of my favorite Professors of behavioral psychology in Stanford University, Professor Dan Ariely, where he discussed extensively on the irresistible power and the latent cost of “free”. As I was reading through the pages of his book, then came the announcement that Mr. Zuckerberg was launching “Free Basics” in Nigeria. My first instinct was “great, but how free is this free?”. I further asked “could this be a Greek gift, or a free gift for Nigeria?”

To further the dialogue on the above question, I would like to start with a definition of the concept, Free Basics. This is an app (or platform) launched by Mark Zuckerberg’s ...

The actual cost of Free Basics in Nigeria

Shared 5 months ago

Recently, I was reading a book Predictably Irrational by one of my favorite Professors of behavioral psychology in Stanford University, Professor Dan Ariely, where he discussed extensively on the irresistible power and the latent cost of “free”. As I was reading through the pages of his book, then came the announcement that Mr. Zuckerberg was launching “Free Basics” in Nigeria. My first instinct was “great, but how free is this free?”. I further asked “could this be a Greek gift, or a free gift for Nigeria?”

To further the dialogue on the above question, I would like to start with a definition of the concept, Free Basics. This is an app (or platform) launched by Mark Zuckerberg’s ...

If Nigeria is to get serious about ICT, here are a few things that need to be done

Shared 5 months ago

At the Nigerian Internet Governance Forum (NIGF) held in Abuja, with the Minister of Communication and key stakeholders in attendance from the information and technology ecosystem, I highlighted the following points, and I would like to share them with you (especially those who requested that I did) and like to know your thoughts. My powerpoint presentation and that of other professionals at the forum are available for download on the NIGF website.

Establish Centres for Information Technology Economics and Law

Firstly, I recommended the need to establish the first “CENTRE FOR INFORMATION TECHNOLOGY ECONOMICS AND LAW” (CITEL), within one or two key institutions of learning (particularly Universities) in Nigeria. This would serve as a Centre for pioneering advanced training, technical ...

Nigerian Government should prioritise data protection over building a biometric vehicle database

Shared 5 months ago

Yesterday evening, sitting at my office (cross-legged), and relaxing from finishing a client’s job, I stumbled on a brilliant article by Victor Ewealor on Techpoint.ng titled “The Nigerian Government is building a database of vehicle owners; it is not looking promising”, and this got me thinking and then writing. I found myself asking a few questions (plain random thoughts!), which I would share with you.

Misplaced priorities and lip service

Firstly, why would the Nigerian Government consider it an urgent need for the Nigerian police to have the “biometric” data of vehicle owners? The same Nigerian Police whose major problems include (but are not limited to) bribery and corruption (wish there was a technology deployed to make police officers honest)? ...

Launching a Startup? Here’s how to attract and retain your first users

Shared 5 months ago

I have had startups across Nigeria, Kenya, and Ghana, and clients who consult with SME Growth Hub, especially technology startups, ask the same ageless question; “how do we get our first line of users for our platform?” This had me gathering some research, which I’ll freely share with you.

I am writing to help startups in Nigeria, and anywhere else, with developing the frame of mind and strategic thinking for finding the first users and consolidating on them. This write-up is centred around five successful startups — Konga, Jumia, Uber (which recently moved into Nigeria and Ghana), Airbnb (also doing business in Nigeria), and Jobberman. It’s possible you are familiar with Konga, Uber, Jobberman, and Jumia, how about ...

How the new Executive Orders will affect tech-enabled businesses in Nigeria

Shared 5 months ago

Exercising presidential authority, Acting President Yemi Osinbajo, signed three executive orders last Thursday. Quickly, executive orders are issued by the Nigerian President and directed towards officers and agencies of the federal government. The three executive orders signed by the Acting President are:

  1. The promotion of transparency and efficiency in the business environment, set to facilitate ease of doing business in Nigeria;
  2. Support for local content in public procurement by the government;
  3. Timely submission of annual budgetary estimates by all statutory and non-statutory agencies”.

However, of the three, the one I will be considering in this context is that which concerns the promotion of transparency and efficiency in the business environment, aimed at facilitating ease of doing business in Nigeria.

In my years of providing ...

The important legal agreement to protect Startups and Founders in Nigeria

Shared 5 months ago

From over 6 years of practice, I have noticed one extremely important legal agreement that most startups in Nigeria are either unaware of or haven’t fully taken advantage of. This agreement is referred to as “the Vesting Agreement”. Quickly, before we go into the nitty-gritty of a vesting agreement, I will like to explain what “vesting” is and what are “vesting agreements or clauses”, strictly in the context of its functionality to a Nigerian startup.

Vesting is a process by which benefits, privilege, authority, rights, or interest in an asset or property passes unconditionally to a person; whether natural or artificial person. A natural person being a human being or an artificial person being a company or institution; a legal entity ...