Economy

TELECOMS INDUSTRY RISK MANAGEMENT CONFERENCE UNVEILED IN LAGOS

 

Radisson Blu, Ikeja hosts the maiden edition of the Telecoms Industry Risk Management Conference on February 20-21, 2024

In a significant gathering of distinguished guests, industry leaders, and esteemed participants, Mr. Kelechi Nwankwo, Head of Corporate Planning, Strategy & Risk Management (HCPSRM), extended a warm welcome at the Telecoms Industry Risk Management Conference held at Radisson Blu, Ikeja, Lagos on February 20-21, 2024.

The conference, organized by the Nigerian Communications Commission (NCC), aligns with the Commission’s commitment to review operating standards, introducing new ones in line with international best practices, fostering resilience in the communications industry. Dr. Aminu Maida, Executive Vice Chairman/CEO, reiterated this objective in consultations with industry and media executives.

Under the theme “Evolution and Future Risk Management in the Telecoms Industry: Harnessing Emerging Technologies and Trends,” the conference initiated an exploration of the rapidly evolving landscape of the telecoms industry. The need to analyze, adapt, and effectively manage the risks accompanying innovation and development took center stage.

The telecoms industry, amid technological advancements such as 5G networks, the Internet of Things (IoT), Artificial Intelligence (AI), and Cloud Computing, faces immense opportunities coupled with significant risks. The conference emphasized the collective responsibility to address these risks to safeguard industry growth and sustainability.

Citing a World Economic Forum (WEF) survey, Mr. Nwankwo highlighted AI-generated misinformation/disinformation as the second most likely risk and cyberattacks as the fifth most likely global crisis in 2024. The conference underscored the importance of collective engagement, discussions, insights from industry experts, and the development of strategies to navigate the evolving landscape.

Over the course of the conference, participants engaged in discussions, shared experiences, and collaborated on strategies to mitigate technological risks. The focus extended beyond technological risks to harnessing technological innovations to address environmental, societal, economic, and geopolitical challenges.

Mr. Nwankwo urged participants to actively engage in sessions, openly dialogue, and contribute to fruitful discussions. The conference aimed to unlock new approaches to risk management, shaping the future of the telecom industry. As the industry undergoes remarkable transformations, the responsibility lies with its stakeholders to stay informed, prepared, and proactive in managing potential risks.

In concluding his address, Mr. Nwankwo once again welcomed all distinguished guests and participants, encouraging them to embark on the journey of exploring the evolution and future of risk management in the telecom industry while harnessing the benefits from emerging technologies and trends.

Leave a Comment

Your email address will not be published.

You may also like

Business Culture

Sea Horse Lubricants Renews MC Ezegetive Brand Deal for 3rd Year, Welcomes Unku SP as New Brand Ambassador

post-image

By Chukwuemeka Iwuchukwu

In a bold move that reinforces its commitment to impactful partnerships and youth-driven marketing, Sea Horse Lubricants, one of Nigeria’s leading automotive lubricant brands, has announced the renewal of its brand ambassadorial deal with popular comedian MC Ezegetive (real name Onyekachi Christian Nweke) for the third consecutive year. Simultaneously, the company is unveiling the addition of fast-rising digital content creator Unku SP (Obinwanne Valentine Nonso) as its newest brand ambassador.

This dual announcement marks a strategic step in Sea Horse Lubricants’ marketing and branding journey, as the company continues to align itself with influential voices who embody the spirit of authenticity, innovation, and mass appeal.

Over the past three years, MC Ezegetive has become a familiar and beloved face associated with the Sea…

Read More
Business Economy News Opinion

PRINCE JOE OKOJIE: THE SILENT ACHIEVER RISING TO NATIONAL RECKONING

post-image

 

— As Edo Central Senatorial District Gears Up for 2025 Bye-Election

 

 

In the quiet yet politically vibrant community of Uromi, Esan North-East Local Government Area, a new chapter in leadership is unfolding — and at the centre of it is Prince Joseph Okojie, fondly called *Joe* by admirers and constituents alike.

Once a Commissioner for Agriculture under Governor Godwin Obaseki’s administration, Prince Joe Okojie is being called upon by his people to step into a higher role — that of a national representative in the Senate, under the platform of the People’s Democratic Party (PDP). The growing clamor from the grassroots is a testament not just to his popularity, but to the transformative legacy he has quietly built over the years.

As Commissioner, Okojie was instrumental in repositioning Edo State as an agricultural hub. Under his stewardship, the state recorded significant strides in food security and livelihood empowerment. He prioritized inclusivity by…

Read More
Business

NDPC, IOM Partner to Strengthen Data Protection in Nigeria’s Immigration Sector

post-image

 The National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, has pledged the Commission’s commitment to partnering with the International Organisation for Migration (IOM) in bolstering data protection compliance in Nigeria’s immigration operations.

This assurance was given during a working visit by a delegation from the IOM, led by Mrs. Emiola Oke, the National Coordinator on Immigration and Border Governance, to the NDPC headquarters in Abuja.

During the meeting, Mrs. Oke unveiled Project Capacity—a new initiative aimed at enhancing identity management, document verification, and policy development within Nigeria’s migration framework. She explained that the project involves extensive processing of personal data and emphasized the need for strict adherence to data protection and privacy regulations.

To this end, the IOM is seeking NDPC’s support in…

Read More
Business Health International News Opinion Travels

From Buns to Bank Halls to Bouillon Cubes – The Ever-Evolving Tale of Amaka Onyebuchi

post-image

 

Once upon a time in the vibrant campus of Federal Polytechnic Melle, a young Accounting student named Amaka Onyebuchi was juggling textbooks and trays of buns. Yes — buns! Long before she ever stepped into a boardroom, Amaka was already a master of the grind, hustling her way through school with determination and a dash of entrepreneurial flair.

After earning her degree, Amaka traded her apron for office heels and stepped confidently into the world of banking. She landed a role at Access Bank, where she quickly made a name for herself with her smarts, style, and a smile that could soften even the toughest client. It was a solid career path — respected, stable, and promising.

But Amaka had something else simmering inside her.

One day, she did the unthinkable. She left the predictable rhythm of banking and stirred up her real passion…

Read More
Business Economy Education

UTME 2025 Resit: JAMB Orders Retake for Nearly 380,000 Candidates Over Technical Glitch

post-image

 

By Anthony Emeka Nwosu

The Joint Admissions and Matriculation Board (JAMB) has ordered a resit of the 2025 Unified Tertiary Matriculation Examination (UTME) for nearly 380,000 candidates following a critical technical error that affected several Computer-Based Test (CBT) centres across the country. The rescheduled examination is set to commence on Friday, May 16, 2025.

In what is being described as one of the most extensive exam disruptions in recent years, a total of 157 CBT centres out of the 882 accredited nationwide have been identified as affected by an “unpatched error”—a term pointing to unresolved software glitches that compromised the integrity of the examination process in those centres.

According to verified data released by independent data analytics platform, Statisense, two zones were significantly impacted: Lagos Zone and Owerri Zone.

Breakdown of Affected Zones:

  • Lagos Zone:
    • 65 centres were affected.
    • A total of 206,610 candidates will be retaking the exam.
  • Owerri Zone:
    • 92 centres
Read More
Announcements Business News Security Society

AI Innovation vs. Privacy: African Regulators Chart Path at NADPA-RAPDP 2025 Conference

post-image

By Anthony Emeka Nwosu

The fourth plenary session of the 2025 Network of African Data Protection Authorities (NADPA-RAPDP) Conference and Annual General Meeting took centre stage with an engaging discourse on the theme, “Artificial Intelligence (AI) in Africa: Privacy Paradox.” The session, which drew leading minds in AI policy and data protection, was chaired by Tahir Latif, Vice President and Data Privacy and AI Governance Officer at the Dubai International Financial Centre Authority.

In a keynote address delivered on behalf of Dr ’Bosun Tijani, Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr Bunmi Ajala—Senior Special Adviser on AI, Data & Research—highlighted the urgent need for African nations to strike a delicate balance between technological advancement and the protection of citizens’ privacy rights.

The session unpacked the growing tension between rapid AI adoption across the continent and the imperative to enforce data privacy regulations. Discussions revolved around practical strategies to ensure that…

Read More
Business Gadgets Government

NITDA Strengthens Collaboration with Key Government Agencies to Enhance IT Project Oversight

post-image

 

In alignment with President Bola Ahmed Tinubu’s Renewed Hope Agenda aimed at bolstering effective governance and service delivery, the National Information Technology Development Agency (NITDA) has intensified efforts to ensure transparency and efficiency in federal IT projects.

As part of its mandate to act as the clearing house for all government IT initiatives, NITDA on Thursday paid strategic visits to the Bureau of Public Procurement (BPP) and the Office of the Auditor General for the Federation (OAuGF). The visits focused on presenting the newly reviewed IT Project Clearance Guideline Document for feedback and collaboration.

The document, which is central to preventing corruption and duplication in government IT procurement, is also designed to foster accountability and value delivery in public sector technology investments.

Speaking during the engagements, NITDA Director General, Kashifu Inuwa, CCIE, highlighted the importance of inter-agency cooperation, noting that no single institution can drive digital economic transformation in isolation. “We must…

Read More
Business Gadgets International News Software Sponsored Technology Technology Trends

CyberDome and Cato Networks Collaborate to Deliver SASE in West Africa

post-image

 

 

CyberDome, West Africa’s leading Managed Security Services Provider (MSSP), has announced a collaboration with Cato Networks, the SASE leader ,to deliver Secure Access Service Edge (SASE) across the region.

The collaboration has been described as a game changer for organizations in West Africa, delivering the Cato SASE Cloud Platform —which converges networking and security in a single, cloud-native platform through CyberDome’s always-on, locally managed Security operations Center (SOC). The result: a modern,secure-by-design infrastructure built for today’s cloud-first world.

“We’re blowing past the limitations of traditional IT,” said Eyal Titinger, Co-founder of CyberDome. “This collaboration brings together global technology and local expertise to deliver seamless, secure, and scalable connectivity—exactly what West Africa’s fastest-growing enterprises need.”

Goodbye Boxes. Hello Cloud Power.

This collaboration empowers organizations to eliminate legacy hardware and embrace agile, software-defined infrastructure. Benefits

include:

● Real-time, secure connection of users, offices, and cloud

resources across geographies.

● Built-in zero trust and SASE security to protect every edge.

●…

Read More