NOTAP Establishes 65th Intellectual Property and Technology Transfer Office at FUPRE
By Anthony Emeka Nwosu
Effurun, Delta State – The National Office for Technology Acquisition and Promotion (NOTAP) has commissioned its 65th Intellectual Property and Technology Transfer Office (IPTTO) at the Federal University of Petroleum Resources (FUPRE), Effurun, Delta State. This marks a significant step in strengthening the weak intellectual property (IP) system in Nigeria’s knowledge institutions. The new IPTTO is one of 67 that have been established nationwide by NOTAP.
Speaking at the recent commissioning ceremony, Dr. Obiageli Amadiobi, Director General of NOTAP, stated that the initiative was driven by the urgent need to reinforce the intellectual property framework in the nation’s higher education sector. She explained that while NOTAP was originally set up to regulate the inflow of foreign technology through the registration of technology transfer agreements, the agency also has a mandate to promote the development and domestication of indigenous technologies.
“The establishment of these IPTTOs is crucial,” said Dr. Amadiobi. “We have observed a weak intellectual property system in our knowledge institutions, and for a nation that aims to be a global player in the Science, Technology, and Innovation (STI) ecosystem, this situation is unacceptable.”
Dr. Amadiobi highlighted the significant role that universities and other knowledge institutions play in developed countries, not only in supporting the economy of their own institutions but also in enhancing the Gross Domestic Product (GDP) of their nations. She called on Nigerian universities to focus on market-driven research that solves societal problems and produces technically skilled graduates, rather than conventional research conducted solely for publication and career advancement.
The DG also lamented that many Nigerian researchers fail to commercialize their inventions, often leaving their research and development (R&D) results on the shelves. She encouraged the FUPRE community to take advantage of the IPTTO to present their research findings to NOTAP for patenting, free of charge. “Intellectual property may be intangible, but it must be protected to allow the owner exclusive rights to financially exploit the invention,” Dr. Amadiobi added.
She reiterated NOTAP’s commitment to fostering the inventive and innovative spirit of Nigerians through advocacy and the promotion of a strong intellectual property rights (IPR) ecosystem.
Welcoming the establishment of the IPTTO, FUPRE’s Vice Chancellor, Prof. Akpafure Rim-Rukeh, represented by Deputy Vice Chancellor of Administration, Prof. Doris Favwe Ogeleka, described the event as a “dream come true.” Prof. Rim-Rukeh noted that the IPTTO would fast-track the university’s intellectual property evaluation and application processes.
Founded in 2007 with eight colleges, FUPRE aims to be a premier international institution providing world-class education, training, research, consultancy, and extension services for the petroleum and allied sectors. Prof. Rim-Rukeh also emphasized the university’s commitment to enhancing local content in Nigeria’s oil, gas, and energy industries, stating that FUPRE is the first institution of its kind in Africa and the sixth in the world.
Before the establishment of the IPTTO, the university had already secured one international patent and 33 national patents, some of which have been commercialized. Prof. Rim-Rukeh revealed that FUPRE has 15 centres of excellence and is committed to developing more to increase intellectual property awareness within the university community.
In a presentation titled “Intellectual Property Assets Management,” Mrs. Caroline Annie-Osuagwu, Director of the Technology Acquisition and Research Coordination (TARC) department at NOTAP, urged researchers to protect their inventions to maximize their financial benefits. She explained that intellectual property assets include patents, trademarks, copyrighted works, industrial designs, geographical indications, and trade secrets, which are strategically chosen for their business value.
The establishment of the IPTTO at FUPRE represents a significant milestone in NOTAP’s efforts to build a robust intellectual property ecosystem in Nigeria, ensuring that the nation’s knowledge institutions can contribute meaningfully to the global STI landscape.
In a bid to strengthen data protection measures, Dr. Vincent Olatunji, National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), led a delegation to visit Mrs. Tola Odeyemi, the Postmaster General and CEO of Nigeria Postal Service (NIPOST).
During the visit, Dr. Olatunji highlighted the NDPC’s mission and underscored the critical importance of safeguarding personal data in NIPOST’s operations. He emphasized that as a major data controller, NIPOST must implement robust measures to protect citizens’ personal data. Compliance with the Nigeria Data Protection Act, 2023, he noted, is essential for building trust and confidence in NIPOST’s data processing activities and alleviating concerns among data subjects and multinationals.
Dr. Olatunji offered free training on data protection and privacy for NIPOST staff, aiming to raise awareness and ensure effective implementation of data protection measures within the organization.
Mrs. Odeyemi expressed her gratitude for the visit and acknowledged the necessity for enhanced compliance, especially given NIPOST’s extensive network of over one thousand data processing points across Nigeria. She welcomed the proposed training, recognizing it as a valuable step towards enhancing NIPOST’s credibility.
Dele Momodu, the publisher of Ovation magazine and a prominent media entrepreneur, has penned a candid open letter to President Bola Tinubu, expressing his deep concerns over the state of the nation and offering pointed advice. Despite his opposition status, Momodu underscores his longstanding relationship with the President and emphasizes his commitment to delivering the truth.
Nigeria’s Economic Crisis
Momodu begins by highlighting the dire economic situation, stating, “Nigeria is in big trouble. Our economy has virtually collapsed.” He criticizes the government’s extravagant spending during a period that demands strict frugality, pointing to purchases of presidential jets, construction of lavish monuments, and the distribution of cash as palliatives. According to Momodu, such actions signal a failed and careless administration. He urges President Tinubu to curb excessive spending to free up resources for essential development.
Performance Over Politics
Addressing the President’s apparent desire for a second term, Momodu advises that the best path to re-election lies in tangible performance, not in reckless expenditure. He calls for investments in vocational skills for the youth, local agriculture, and educational institutions. He dismisses the strategy of cash distribution through politicians as “unhealthy and unhelpful,” labeling it the “height of cluelessness.”
Beware of Flattery and Enforce Discipline
Momodu warns President Tinubu to be wary of sycophants in the National Assembly who have turned him into a deity. He specifically mentions Ndume as a trustworthy ally and stresses the importance of listening to genuine advice. Furthermore, Momodu calls for strict enforcement of discipline within the leadership, citing Nyesom Wike’s public disrespect over the Fubara matter as a situation requiring immediate sanction to prevent national chaos.
Momodu concludes by acknowledging that he does not expect President Tinubu to act on his suggestions but hopes his words will resonate during a moment of reflection.
In a groundbreaking initiative aimed at bolstering data privacy practices in Nigeria, Ethnos Cybersecurity, an indigenous firm renowned for its expertise in cybersecurity, has recently conducted an intensive training program for the technical team at the Nigerian Data Protection Commission (NDPC) headquarters. This collaboration is a significant step towards enhancing the nation’s data protection capabilities.
The training session, led by Ethnos Cybersecurity, was designed to build capacity and empower the NDPC’s technical team with practical knowledge and skills necessary for effective data privacy implementation. The interactive and engaging nature of the training ensured that complex data protection regulations were tackled in an understandable and impactful manner.
The comprehensive training aimed to enhance the technical skills of NDPC staff in critical areas such as data loss prevention strategies, network and endpoint security, data classification and encryption, database analytics and intelligence, and incident management. These topics are vital for implementing robust technical and organizational measures within the data protection ecosystem.
At the conclusion of the two-day training, Dr. Vincent Olatunji, National Commissioner/CEO of the NDPC, emphasized the alignment of the training with the Commission’s strategic roadmap, which prioritizes capacity building and awareness. Dr. Olatunji highlighted the importance of the training in enhancing the skill set of technical personnel and encouraged participants to apply their newly acquired knowledge, challenge themselves, and strive for excellence in the digital privacy landscape.
This initiative underscores the commitment of the NDPC and Ethanos Cyber Limited to fostering a knowledgeable and skilled workforce capable of advancing data protection standards in Nigeria.
Speaking on the success of the training, the CEO of Ethnos Cybersecurity expressed his satisfaction with the outcomes. “We tackled complex data protection regulations through a fun and interactive approach, making it a highly impactful training session. We believe that with the strides of NDPC under the visionary leadership of Vincent Olatunji, we will ensure that we do our best in capacity building,” he said.
Dr. Vincent Olatunji, the head of the NDPC, also lauded the initiative. “We are pleased with this initiative; this private-public sector collaboration between Ethnos and the Nigerian Data Protection Commission is a welcome development. We always look forward to such capacity-building sessions. As an organization, the Nigerian Data Protection Commission is poised to be in tune with global best practices, and capacity building is part of this regulation,” stated Dr. Olatunji.
This collaboration marks a pivotal moment in Nigeria’s journey towards strengthening its data protection framework. By leveraging the expertise of Ethnos Cybersecurity, the NDPC is better equipped to navigate the complexities of data privacy, ensuring that Nigeria remains aligned with international standards.
ANTHONY EMEKA NWOSU
At the conclusion of the two-day training, Dr. Vincent Olatunji, National Commissioner/CEO of the NDPC, emphasized the alignment of the training with the Commission’s strategic roadmap, which prioritizes capacity building and awareness. Dr. Olatunji highlighted the importance of the training in enhancing the skill set of technical personnel and encouraged participants to apply their newly acquired knowledge, challenge themselves, and strive for excellence in the digital privacy landscape.
Dr. Obiageli Amadiobi, the Director General of the National Office for Technology Acquisition and Promotion (NOTAP), has issued a stern warning to companies failing to submit their technology transfer agreements for proper evaluation and registration. During a recent familiarization visit to several Information and Communication Technology (ICT) companies in Lagos, Dr. Amadiobi announced that such companies will soon face stiff penalties and prosecution.
Dr. Amadiobi highlighted that NOTAP’s primary mandate is to regulate the inflow of foreign technology through the registration of technology transfer agreements and to promote the development of locally motivated technologies. She expressed concern that some companies are circumventing this process by not registering their agreements, particularly those involving both hardware and software, thereby undermining the system.
“Records indicate that a significant percentage of companies in Nigeria rely on imported technologies worth millions of dollars without NOTAP registration, which is required by law. This practice shortchanges the Nigerian economy,” Dr. Amadiobi stated. She emphasized that NOTAP’s involvement during the technology negotiation stage is mandatory to ensure that Nigerian entrepreneurs secure appropriate technology under the best contractual terms.
The Director General affirmed that while NOTAP is committed to working with compliant companies, it will impose strict penalties on those flouting the rules. “In line with the renewed hope mantra of the present administration, no company will be allowed to avoid registration of their technology transfer agreements with NOTAP,” she declared.
Mr. Adewale Adeyipo, Managing Director and Chief Executive Officer of Computer Warehouse Group (CWG), welcomed the new NOTAP leadership’s energy and enthusiasm. He expressed CWG’s willingness to collaborate with NOTAP to advance the ICT ecosystem. Mr. Adeyipo noted that NOTAP’s initiatives could generate over 2,000 jobs annually within the ICT sector, which is crucial for the nation’s global competitiveness.
He lamented that Nigeria has spent over $987.8 million on digital media subscriptions and downloads, funds that could have been retained within the country with better governmental support for local ICT operators through strategic policies.
In support, Mrs. Ola William, Managing Director and Chief Executive Officer of Microsoft Nigeria Plc., praised NOTAP’s efforts in accelerating the ICT sector’s development. She reassured stakeholders that Microsoft remains committed to Nigeria’s ICT growth, debunking rumors of the company’s exit from the country.
This visit marks a significant step towards enforcing compliance and fostering cooperation between NOTAP and the ICT industry to enhance Nigeria’s technological advancement and economic growth.
…Calls for Establishment of Special Court, Accelerated Hearing
In order for the oil and gas industry to achieve its full potential as an enabler of national economic and industrial growth, the Group Chief Executive Officer of the NNPC Limited, Mr. Mele Kyari, has called for the support of the judiciary in tackling the twin challenges of crude oil theft and pipeline vandalism.
Kyari made the call at the National Judges Capacity Building Workshop on the Petroleum Industry Act (PIA) 2021, organised by the National Judicial Institute (NJI) and INVESTIN 234, on Thursday in Abuja.
In a goodwill message he delivered at the workshop, the GCEO stated that the gains of the PIA have been severely undermined by crude oil theft and pipeline vandalism and urged the judiciary to consider the creation of a special court to try offences related to crude oil theft and pipeline vandalism or granting accelerated hearings to such cases.
According to him, the role of the judiciary was critical to the success of the efforts of the various security arrangements put in place by NNPC, the law enforcement agencies and other stakeholders in the industry.
“In particular, is the recommendation that a special court be created to try those offences as they hinge on our survival as a country and/or for such trials to be conducted under an accelerated hearing process by the issuance of Practice Directions to that effect, with concomitant sanctions to deter would-be offenders,” Kyari stated.
The GCEO also called on the judiciary to accelerate hearings on criminal cases in their courts, through timely determination of the criminal charges and imposing adequate punishments and sanctions on culprits to serve as deterrence to others.
He said that NNPC remains committed to collaborating with all relevant stakeholders to ensure the successful implementation of the PIA, adding that “together, we can ensure that the benefits of our natural resources are maximised for the economic and social development of our country”.
Kyari also commended the Chief Justice of the Federation, Olukayode Ariwoola and the organisers of the workshop for extending the invitation to him and the opportunity to deliver a goodwill message at the workshop.
In honor of International Women’s Day 2024, the National Information Technology Development Agency (NITDA) proudly recognized the invaluable contributions of its female staff members during the Quarterly Staff General Meeting.
Led by the esteemed Director-General of NITDA, Kashifu Inuwa CCIE, the event served as a platform to commend and honor female staff members whose remarkable efforts have significantly contributed to the agency’s accomplishments. In a gesture of appreciation and acknowledgment, Director-General Kashifu Inuwa CCIE presented letters of commendation to these outstanding women, underscoring NITDA’s unwavering commitment to fostering inclusivity and empowering women within the agency.
The Quarterly Staff General Meeting not only celebrated the achievements of these exceptional women but also reaffirmed NITDA’s dedication to recognizing and nurturing talent across all gender identities. As an agency at the forefront of technological innovation, NITDA remains steadfast in its mission to create an inclusive and equitable workplace where every individual can thrive and contribute to the advancement of the digital landscape.
The Michael Imoudu National Institute of Labour Studies (MINILS) has decorated the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, with the award of Fellowship of the Nigeria Institute of Labour (NIL) under the Federal Ministry of Labour and Employment.
At the conferment ceremony in Abuja recently, which was part of the series of events marking the 40 Anniversary/Founders Day of the Institute, the Director-General of the Institute, Isa Aremu, said Danbatta was being recognised for his exemplary contributions and that of his team to the betterment of the Commission and national workforce.
Alongside Danbatta, the Director, Human Capital and Administration of the Commission, Usman Malah, who is driving the effectiveness of the workforce at NCC was also honoured with a fellowship.
Speaking at the event, Danbatta, who represented by Malah, at the event, underscored the significance of collectively supporting initiatives that enhance the well-being of Nigerian workers through increased access to affordable telecom services.
The EVC stated that only through a digitally skilled and informed workforce can Nigeria fast-track national productivity and development, alongside other initiatives being put in place by the Federal Government. Danbatta said the Commission would ensure affordable and ubiquitous telecom services to improve Nigerian workers’ daily activities.
While expressing gratitude for the recognition to him and Malah, Danbatta assured of his continued support to empowering NCC staff in improving skills, education and sundry capacity-building activities as well as stimulating the deployment of robust broadband infrastructure for bolstering job creation for Nigerians and improving national productivity.
Meanwhile, MINILS DG, Aremu, commended the Commission for promoting the deployment of telecommunications services to improve productivity and efficiency across different sectors of the economy.
“We have witnessed the amazing transformation in terms of broadband penetration, Internet subscribers and many other achievements recorded under the leadership of Prof. Danbatta as the Executive Vice Chairman of NCC and how the telecom sector, regulated by the Commission he leads, have improved national productivity,” Aremu said.
The DG of MINILS stated that the EVC has played a pivotal role in transforming and advancing the nation’s digital space and acknowledged that Danbatta’s commitment to bridging the digital divide and creating employment opportunities in the telecommunications sector has earned him accolades nationwide.
The anniversary, which featured conferment of Fellowship of the NIL on other Chief Executives and Heads of Human Resources divisions of some government agencies alongside the NCC Management executives, not only celebrated the events of the past but also set the stage for a brighter future, showcasing the importance of fair labour practices, knowledge and continued collaboration between various government agencies.
Aside from the new Fellowship of NIL, Danbatta is a Fellow of the Nigerian Society of Engineers, the Renewable and Alternative Energy Society; the Nigerian Academy of Engineering, and the Nigerian Institute of Electrical and Electronic Engineers.
Executive Vice Chairman of the Nigerian Communications Commission, NCC, at the weekend in Lagos, lifted the Platinum Award of the Nigeria Academy of Engineering (NAEng.) being a reward for his leadership of the nation’s telecom regulator for its contributions to the development and growth of engineering profession in the technological and economic development of the country.
President of the Academy, Prof. Azikiwe Onwualu, said during the award presented by doyen of engineering and Former Director General of the Nigerian Television Authority, Vincent Maduka, that the Commission deserved the award as it has done the profession proud in its telecom regulatory process and promotion of engineering as shown in its strong support for the NAEng.
While handing over the award at the 2023 Annual Technology Dinner of the Academy, Maduka said, “Prof. Danbatta has contributed immensely to the sustainability of all initiatives of the professional body, just as his role to the development of engineering profession in general is being felt in Nigeria, through his effective regulation of the telecommunications sector.”
Danbatta, a professor of electrical and electronics engineering, who is a member of Council, and a fellow of NAEng, while receiving the award, expressed appreciation to the illustrious institute for considering the Commission worthy of the award.
Danbatta dedicated the award to the ‘hardworking and diligent staff of the Nigerian Communications Commission’, who, he said, have continued to demonstrate commitment to supporting his vision to promote regulatory excellence toward sustaining growth of Nigeria’s digital economy.
“I could not have done the good work you credited me with, without the support and cooperation of NCC staff and we are delighted that the public is watching, listening and observing what we are doing and a testimony to this fact is the platinum category award we have just been given by the apex engineering body in the country,” the EVC stated.
Danbatta further said: “I want to assure the public that the NCC will do whatever it can, within its mandates, to bring out impactful initiatives that will drive the digital transformation process that will ultimately make telecom services pervasive and affordable to all parts of the country.”
He used the opportunity to speak about some of the initiatives of the Commission that have struck a rhythm in the socio-economic development of the nation.
These, he said, include the one targeted at the Nigerian youths across the country where the Commission trains the youth, provides them with laptops, and other equipment that can make them access the internet with a view to equipping them to develop their skill and earn a living.
Danbatta assured of the Commission’s commitment to driving digital connectivity aimed at bridging extant clusters of access gaps in Nigeria. “We have a target of 70 per cent broadband penetration by 2025, as contained in the Nigerian National Broadband Plan (NNBP). We are around 50 per cent currently and I can assure you that we are hopeful that we will achieve and surpass that target,” he said.
The Nigerian Academy of Engineering was established to pursue excellence in science, technology and engineering as well as provide a national platform for experts to harness their experiences and insights and make input into public and private technical policy.
Coure has always been an IT firm for years. How has the journey been?
COURE Software & Systems Limited (“COURE”) is a Platform Services Provider with a focus on the provision of accurate, secure and relevant data to improve its clients’ business processes and operations. We started out in the US in 1998 at a time when the internet and modern technology, as we know it, were taking off. At that time, we were focused on networking and physical systems integration. Over the years, the shifts in technology and the need to be scalable beyond billing for individual man hours caused us to migrate our technology services first to web and application development, then to what we currently provide today, which are platforms that leverage standardized and aggregated data to enable and enhance the operational efficiency of our clients.
It has been an exciting 25-year journey of change and transformation! Our flagship solutions, ANQ and HUB, have been enabling the telecom, fintech, banking and various other sectors to increase their value and service provision to their customers. Our development teams consist of analysts, UI/UX experts, programmers, product managers and network engineers all of whom have many years of experience in the design, development and support of clean, functional and aesthetically appealing applications and solutions.
Do you think that the Nigerian IT space is evolving in terms of digitization?
The IT space is constantly evolving with the advancement of digital technology such as cloud computing, AI, IoT, blockchain, etc. Nigeria has not been left out of this. The trend towards digital transformation, automation and artificial intelligence is accelerating, particularly in the wake of the COVID-19 pandemic. In the past, there were a lot of manual processes in business, and while automation was being implemented via IT, the pace was average. The pandemic accelerated digitization in Nigeria and across the world as businesses and people had to survive without close contact. Many businesses were forced to shut down. For those that were better prepared, their adoption of digital technology and new ways of working became an advantage, and customers embraced online and digital service delivery. The IT industry continues to develop innovative solutions to make life easier for people and to help businesses harness the power of digital technology to improve operations, products, services, and customer reach.
Can you consider yourself as a fintech firm?
COURE is a platform services provider with key partners in the telco, financial, and technology space. Through our platforms, we are able to aggregate various types of data, analyze the data, and create services that provide value to these organizations and generate revenue for them. This makes us an enabler of fintech firms as opposed to being one ourselves.
Tell us more about your ANQ Platform?
Our ANQ (All Number Query) is a lookup platform that provides quick and easy access to information which enables our clients support their customers in areas such as Fraud prevention, Routing and KYC (Know Your Customer) using various number and data sources. Our partnership with data owners and access to large volumes of diversified data along with our processing capacity and intelligent algorithms enables us apply real-time analytics to data that is being searched against and provide information to businesses to aid their decision-making.
Tell us more about your fraud prevention solutions?
Our fraud prevention solution adopts strategies, technologies, and processes to protect individuals, businesses, and organizations from fraudulent activities such as payment fraud, account takeover, and identity theft. Using intelligent algorithms, we check and flag fraudulent transactions before approval. Our algorithm takes into consideration numerous data points and provides a risk level rating for the transaction, thus minimizing losses, optimizing efficiencies, and protecting customers from fraud. This service helps achieve a faster and more effective fraud detection process leading to reduced financial loss, increased customer retention, protection of brand and reputation.
CEO , Coure Technologies Limited, Lagos
Are they only for banks and fintechs?
Our solutions cater to a cross-section of organizations that provide services to end customers. This includes banks, fintechs, lenders, payment services companies, telco service providers, retailers and value-added service providers. Fraud can affect any organization that deals with sensitive data or valuable assets. Many businesses outside of the financial sector invest in fraud prevention solutions to protect themselves against financial losses, maintain customer trust, and avoid legal and financial penalties. The same applies to KYC, Routing and Communication. These are all services that are relevant for organizations that provide services to end consumers.
Your Hub Platform is one of a kind. Do you think that SMEs can deploy it? If yes, how?
Our HUB platform is what is called a CPaaS – Communication Platform as a Service. It enables Aggregators and VAS providers in the telecom industry integrate with the Telcos, then safely and accurately deliver messages between the applications through the Telcos and onward to the end customer and back. Message types include Bulk SMS, USSD, Whatsapp and RCS (Rich Communication Services). It also addresses a number of industry issues and concerns such as the management of Sender ID’s and Short codes.
HUB is a ready-to-use platform for SMEs to create and manage their services, content, and subscriptions. The platform allows for hosting, management, and delivery of VAS services to Aggregators or Operators on behalf of the Service Provider. HUB was specifically built to address some of our local and African peculiarities. It is easy to use for SME’s as there is no local installation required, and for most of the services, the client can login via our web interface to enable management and delivery of their services. In the event the client already has a local system that they want to integrate into HUB, we have API’s which they can leverage to be up and running in a short time. HUB enables them to integrate once and have access to all the Telcos and multiple aggregators based on their preference thus simplifying their onboarding process. HUB’s messaging capabilities such as Whatsapp and RCS, help SMEs build better relationships with their customers, improve customer experience, reduce customer support calls, and improve communication security. They can also benefit greatly from using bulk SMS and USSD services as part of their marketing and communication strategies. These services offer a cost-effective and efficient way to engage with customers, provide information, and increase sales.
What are the challenges you face in Nigeria?
Given the insecurity challenges and the economic hardship in the country, we have witnessed the loss of talent across many sectors of the economy including the technology sector. This has made it paramount that we adopt an aggressive recruitment and talent retention strategy in a bid to forestall the negative impacts of this trend affecting our business.
“HUB was specifically built to address some of our local and African peculiarities. HUB is very easy to use for SME’s as there is no local installation required and for most of the services, the clients can login via our web interface to enable management and delivery of their services.”
Do you have a presence in other ECOWAS countries?
Our routing service is present in most African countries including Nigeria, South Africa, Ghana, Kenya, Tanzania, Côte D’Ivoire, Benin, Senegal, Tunisia, Morocco, and Egypt. Our 2023 roll-out plan includes expansion to key regions within the continent with a focus on Ghana, Uganda and South Africa.
How do you do your Data Monetization?
COURE partners with data owners in the telco, banking and payment service sectors to aggregate and centralize data that can be analyzed to extract intelligent insights, and in an automated and real-time manner, provide those insights to service providers for decision-making. This offers data owners the opportunity to monetize their data which would otherwise sit idle. It also enables users to gain secure access to their data across different service providers, making it easier for them to use third-party applications which require these data. This presents a mutually beneficial business relationship between COURE, a proven platform provider, data owners, and end customers. In providing these analytics, COURE is careful to adhere to global data privacy laws and security standards, being an NDPR-certified organization.
How can the Public Sector leverage your solutions?
COURE’s services and solutions are relevant for public sector use. The HUB CPaaS (Communication Platform as a Service) offers an opportunity for such organizations to improve communication with citizens, enhance security, streamline billing, provide real-time transaction notifications, and gain valuable insights through data analytics. The service is currently used by a number of public sector entities including the CBN. Our fraud prevention solutions can also help public sector entities protect against fraud and cyber threats. This is especially important when handling sensitive information, such as personal data or financial information.
What do we expect from you this 2023?
This year 2023, COURE will be commemorating its 25th year of existence. This is a remarkable milestone for us and represents a pivotal point in our journey. We will also be expanding our services to other countries on the continent as well as adding a 3rd platform to our suite, the OpenBanking platform. The OpenBanking platform offers financial data owners the opportunity to monetize their data by making it available to third-party financial services securely and efficiently via APIs, and in alignment with the CBN’s Open Banking Initiative. We have already partnered with some banks to pilot the solution and are excited about the ease and convenience that customers will enjoy when they use applications that leverage these APIs. Needless to say, we expect great times ahead!
“Given the insecurity challenges and the economic hardship in the country, we have witnessed the loss of talent across many sectors of the economy including the technology sector. This has made it paramount that we adopt an aggressive recruitment and talent retention strategy in a bid to forestall the negative impacts of this trend affecting our business.”
Performance Over Politics
