The Nation Newspaper

Category: Technology

How to Identify a Crypto Exchange Built to Survive Market Shifts

Choosing exchanges that thrive through downturns or strategic pivots.

The crypto industry has never been predictable. Prices swings happen, regulations shift, and even major exchanges rethink their business model overnight. The recent pivot by Yellow Card, which saw it move from retail services to a business-to-business (B2B) strategy, is the latest reminder that crypto platforms can change direction without notice, and not always in ways that favour everyday users.

For the average trader or investor, this raises a bigger question: How do you choose a crypto exchange that won’t leave you stranded due to a “pivot” or market shift? Below is a practical guide to identifying platforms built for longevity.

1. They Build With Compliance, Not Against It

Exchanges that survive turbulence operate in clear alignment with regulators. Platforms that pursue licensing, publish audits, work with local authorities, and follow global Anti-Money Laundering (AML) standards are far more stable during industry shake-ups. They don’t need sudden exits or business pivots to protect themselves if the market shifts.

For instance, platforms with a valid SEC license in Nigeria work with the utmost level of transparency and have measures to strengthen customer protection.

2. They Have Deep Local Liquidity

A resilient exchange is one where users can deposit instantly, withdraw instantly, swap assets at fair market rates, and access a large pool of buyers and sellers.

Thin liquidity is often the first sign of an exchange under pressure. In contrast, exchanges with deep Naira liquidity can keep transactions smooth and valuable for their customers. So, whether you want to trade BTC/NGN (Bitcoin and Naira) or convert USDT to NGN (Tether to Naira), you can do so at the best rates and transaction speed.

Robust exchanges like Quidax achieve this by diversifying liquidity partners and maintaining strong order books that make crypto and Naira transactions smooth.

Read Also: Play-Offs: NFF tips Super Eagles to subdue Panthers after pay dispute

3. They Don’t Abandon Retail Users When Business Gets Tough

Market shifts expose an exchange’s true priorities. Some platforms pivot to institutions (as Yellow Card did) because the retail market can be less profitable and expensive to maintain. Customer education, support, NGN rails, and product design take real investment.

However, exchanges built to last treat retail users as their foundation and not as a convenience. These platforms continue building better onboarding features to give new users a soft landing, improved fiat rails, transparent fees, and crypto educational tools to help newbies find their feet without hassles.

In other words, if an exchange consistently invests in retail users, it’s a strong sign of long-term commitment.

4. Their Product Roadmap Focuses on Stability, Not Hype

Crypto history is full of platforms that invested heavily in “the next big thing,” only to shut down the basics that users relied on. Meanwhile, a stable exchange prioritises security, system uptime, solid infrastructure, and reliable customer support.

When an exchange talks more about new features than infrastructure, it’s a warning sign. Conversely, when it talks about resilience, uptime, compliance, and user protection — that’s reliability.

5. They Maintain Local Context and Cultural Awareness

Markets like Nigeria, Kenya, Ghana, and South Africa have unique financial realities, including high remittance activity, regulatory nuances, and crypto trading or investing. Exchanges built for longevity understand these realities and build around them.

This is where reliable African exchanges like Quidax differentiate themselves from global operators. While a global exchange can pivot away from retail in a region, such a local-focused platform adapts and doubles down.

Final Thoughts

The Yellow Card pivot to service only business and institutional clients was more than just a business decision. It was a lesson that things can change so fast in the African and Nigerian crypto industry.

And retail-friendly, Africa-rooted platforms don’t just appear; they are built intentionally with compliance, liquidity, and user commitment at their core. If you’re choosing where to trade, invest, or store your crypto long-term, look for the exchanges that stand the test when everyone else is shifting focus. Those are the ones built to survive the African crypto realities.

November 21, 2025
African girls need safe schools, digital skills, opportunities — Little Miss Kogi

Queen Aishat Audu, Little Miss Kogi on Wednesday called for safer schools, wider digital learning access and more opportunities for girls to discover their talents across Africa.

Audu made the call while addressing delegates at the 2025 African Women Conference in Ghana, with the theme: “Legacy Meets Innovation: Women Forging New Pathways for Africa’s Sustainable Development.”

The statement was released in Lagos by her Media Adviser, Mr Adekunle Aderibigbe.

Audu, also the founder of the Queen Aishat Fathia Audu Initiative, said African women had built strong foundations of leadership, courage and sacrifice.

She added that the next step was ensuring that children, especially girls, could maximise their potential.

“Our world is changing very fast. Children need education, digital skills and opportunities to discover their talents,” she said.

According to her, empowering girls through quality learning remains a major step toward building a stronger continent.

“When a girl is educated, she becomes powerful. When a child is guided, the whole community becomes stronger,” she added.

Read Also: Kogi cries for help over ravaging flood

Audu said African children were inspired by the resilience and achievements of women across the continent.

She noted that girls could contribute meaningfully when given a safe environment and the right tools.

“We only need a chance, safe schools, good teachers and opportunities to express our talents,” she said.

She urged African leaders and stakeholders to continue opening doors for women and girls, stressing that combining legacy with innovation would help Africa achieve sustainable growth.

Audu thanked the conference organisers for giving children a platform to be heard and expressed appreciation to Nigeria for its support.

She also credited her ability to speak at the forum to divine strength.

The young advocate pledged to continue learning and working toward becoming a responsible leader.

November 20, 2025
Pantami condemns fresh attacks, advocates technology-driven security strategy

Former Minister of Communications and Digital Economy, Professor Isa Ali Ibrahim Pantami, has condemned the surge in violence across Nigeria, which has seen brutal attacks and mass abductions in Kebbi and Zamfara States.

In a statement condemning the sad events, Pantami called on government institutions to immediately adopt modern, technology-driven strategies to combat terrorism and protect all citizens.

Pantami decried the series of tragic incidents in recent days. On November 16, the Ameer of the Muslim Students’ Society of Nigeria (MSSN) in Kebbi State, Alqasim Uthman Ibrahim, was kidnapped and subsequently killed by terrorists.

On November 17, 25 schoolgirls were abducted from Government Girls Comprehensive Secondary School, Maga, Kebbi State. The attack claimed the life of the Chief Security Officer, Hassan Yakubu Makuku, as he attempted to protect the students. Another guard sustained injuries.

Zamfara State similarly witnessed cruelty on November 18 when bandits stormed Fegin Baza village, killing three people, including Umaru Moriki, the Sarkin Fadan Moriki. At least 64 persons were kidnapped, mostly women and children. Those wounded are being treated at Tsafe General Hospital.

Read Also: Pantami urges Nigerian universities to form AI task forces

The wave of violence extended to Kwara State, affecting the Christ Apostolic Church in Eruku as well as Borno State. Among the casualties was Brigadier General Musa Uba, who died near Damboa. Both civilians and security personnel suffered fatalities and injuries in the attacks.

Pantami noted that a technology-driven approach would apprehend the perpetrators, protect people, and restore peace across affected regions. He urged Nigerians to cooperate with security agencies by sharing relevant intelligence to tackle terrorism and criminal activities.

The former Minister minister expressed heartfelt condolences to the bereaved families and joined other Nigerians in denouncing what he described as incessant inhumanity, highlighting the harsh reality facing the nation.

Pantami, who holds the traditional title of Majidadin Daular Usmaniyya, prayed for “divine comfort for the bereaved, protection for those abducted, healing for the injured, and strength for security forces working to restore order.”

The latest attacks underscore the ongoing security challenges facing Nigeria, particularly in the northern region, where banditry and terrorism continue to threaten civilian populations and disrupt daily life.

November 20, 2025
Homegrown technologies key drivers of national transformation, says Udeh

The Minister of Innovation, Science and Technology, Kingsley Tochukwu Udeh, has reaffirmed the federal government’s commitment to homegrown technologies as key drivers of national transformation, stressing that science must reflect Nigeria’s realities to build trust and deliver tangible impact.

Speaking in Abuja during the 2025 World Science Day for Peace and Development, themed “Trust, Transformation, and Tomorrow: The Science We Need for 2050,” Udeh said the Ministry is steering efforts towards locally developed innovations that enhance livelihoods, boost food security, and promote sustainability.

He noted that the administration’s science and innovation agenda aligns with President Bola Ahmed Tinubu’s Renewed Hope vision, particularly in economic diversification, innovation-driven growth, job creation, and youth empowerment through Science, Technology and Innovation (STI).

Highlighting examples of impactful innovations, the Minister cited the Tela Maize Initiative, implemented through the National Biotechnology Research and Development Agency (NBRDA) in collaboration with the Ministry of Agriculture, which has increased yields, improved insect control, and reduced post-harvest losses.

READ ALSO: Alleged N80.2b fraud: Court postpones Yahaya Bello’s trial to January 29

He added that the Federal Institute of Industrial Research, Oshodi (FIIRO), has established cassava and potato processing facilities across Nigeria’s geopolitical zones to empower farmers, encourage agro-processing entrepreneurship, and minimise agricultural waste.

On renewable energy and import substitution, Udeh disclosed that the NBRDA has enhanced biodigesters to produce clean biogas and electricity from biomass waste, while the Energy Commission of Nigeria (ECN) has developed solar generators, cross-flow turbines, and locally produced single and three-phase meters.

“Homegrown technology that mirrors our own reality must be the driving force behind transformation.

“We have developed high-quality neem-based minero organic fertilizer, already in use by farmers in Northern Nigeria. This fertiliser improves soil health, lessens pest infestation, and increases food sustainability.

“The future of efficient and clean industry is being shaped by us. Through the Methanol Downstream Value Chain, we are creating opportunities for new chemical industries and cleaner transportation fuels, while our Multi-Chemical Production Plants across the six geopolitical zones will provide affordable industrial chemicals to support agriculture, SMEs, and education.”

He also revealed that the Nigerian Building and Road Research Institute (NBRRI) has created prototype machines for recycling plastic waste into durable building materials and is advancing bamboo-based building solutions for climate-resilient, affordable housing.

Further innovations, according to him, include a Carbon Monoxide Sensor to prevent generator-related deaths, self-triggering fire extinguishers, auto-gas car technology, and an accelerometer sensor for bridge vibration monitoring, all developed to enhance safety and sustainability.

Udeh emphasised that the Ministry is also investing in human capital development through Technology and Innovation Hubs and Model Science Laboratories established in each geopolitical zone, providing spaces for young innovators and researchers to collaborate and commercialise new ideas.

“Our path to 2050 is about making science reliable, approachable, inclusive, and influential,” he stated. “It is about ensuring that innovation represents our nation’s resilience, the potential of our youth, and the ambitions of our people.”

Acknowledging the synergy between culture and science, the Minister praised the participation of traditional leaders at the event, noting that cultural wisdom complements scientific knowledge in advancing inclusive innovation.

He also stressed that science lies at the heart of global frameworks such as the UN 2030 Agenda for Sustainable Development, the Paris Climate Agreement, the Sendai Framework, and the African Union’s Agenda 2063, urging national alignment with these priorities for Nigeria’s effective contribution to global progress.

“Trust in science is built when people see clear, tangible benefits in their daily lives. That is the science we need for 2050, one that transforms communities, empowers people, and builds a sustainable tomorrow.”

November 11, 2025
Stakeholders back digital economy, e-governance Bill, seek specified institutional roles

Nigeria’s digital and technology stakeholders have expressed support for the National Digital Economy and E-Governance Bill 2025, which seeks to establish a legal framework that will strengthen digital governance, boost innovation, and accelerate socio-economic development.

However, they urged the National Assembly to address potential overlaps between the proposed law and the mandates of existing agencies to prevent institutional conflict and regulatory burden.

The submissions were made on Monday at the National Assembly, Abuja, during a Public Hearing convened by the Joint Committees of the Senate and House of Representatives on ICT, Cybersecurity, Digital and Information Technology.

Among the groups that submitted their position was the Network of Advocates for Digital Reporting (NADIR), which commended the Minister of Communications, Innovation and Digital Economy, and federal lawmakers for the initiative.

Presenting NADIR’s memorandum, its Legal Adviser, Barrister Yunus AbdulSalam (SAN), said the Bill represents a significant legislative intervention aimed at modernizing Nigeria’s digital governance ecosystem and regulating emerging technologies.

He, however, noted that certain provisions appear to replicate functions already assigned to agencies such as NITDA, NCC, and NDPC, saying such could “trigger constitutional and institutional disputes, raise compliance costs, and discourage private sector participation and investment.”

AbdulSalam recommended that the National Assembly adopt a “consolidation and amendment approach,” extracting the Bill’s innovative elements and integrating them into the existing Act, rather than creating new regulatory overlaps.

Chairman, Senate Committee on ICT and Cybersecurity, Senator Shuaib Afolabi Salisu, said the Bill would enhance Nigeria’s digital competitiveness, strengthen e-governance service delivery, improve transparency, and boost the ease of doing business, particularly in the ICT sector.

Salisu noted that the digital economy currently contributes about 20 percent of Nigeria’s GDP, adding that the passage of the Bill would unlock greater opportunities for job creation, innovation, and revenue growth.

Chairman, House Committee on Digital and Information Technology, Hon. Adedeji Stanley Olajide, said the engagement reflects Nigeria’s commitment to a transparent and innovation-driven governance structure. He called the collaboration among lawmakers, regulators, and industry players “a new phase in Nigeria’s digital transformation journey.”

Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, lauded the National Assembly for advancing the proposed framework and assured that stakeholder concerns would be considered to guarantee a balanced outcome.

Noting that the Bill seeks to enable seamless data sharing across government institutions and foster synergy with the private sector, Tijani said its provisions on Artificial Intelligence (AI) could enhance Nigeria’s productivity and global digital competitiveness.

Director-General of NITDA, Kashifu Inuwa Abdullahi, stressed that Nigeria must adopt a modern digital legal framework to benefit from global technological shifts. He cited AI applications in agriculture for real-time data, weather patterns, and input quality as an example of the impact on food security.

At the hearing were officials of the Head of the Civil Service’s Office, Nigerian Communications Commission (NCC), Nigeria Data Protection Commission (NDPC), Galaxy Backbone, Nigerian Communications Satellite Limited (NIGCOMSAT), the Nigeria Computer Society (NCS), and the Association of Licensed Telecom Operators of Nigeria (ALTON), among others.

Declaring the session open, the Deputy Senate Leader, Senator Oyelola Ashiru, who represented Senate President Godswill Akpabio, described the Bill as a bold step toward aligning Nigeria’s governance and economic policies with global digital realities.

The National Digital Economy and E-Governance Bill 2025, if passed into law, is expected to play a transformational role in Nigeria’s digital economy, comparable to the telecommunications liberalization policy of 2001.

November 11, 2025
Key reasons to use AI in this generation

We live in a time where everything is moving fast — faster than ever before. From the way we shop, work, learn, to how we create content or run businesses, technology is shaping how we live. And right now, there’s one tool that’s changing the game for everyone: Artificial Intelligence (AI).

AI isn’t some far-off future concept anymore. It’s already here, in tools that can help you write, design, edit videos, analyze data, and even manage your schedule. If you’re still ignoring it, you’re leaving opportunities on the table.

Here’s why this generation should use AI:

1. Save Time and Boost Productivity

Imagine finishing in minutes what would normally take hours. AI can draft emails, create presentations, summarize documents, or even generate ideas for your content. That’s extra time you can spend on your business, studies, or side hustles.

2. Level the Playing Field

Not everyone has access to expensive software, mentors, or professional networks. AI can give you tools that once cost thousands of dollars or years of experience — right from your phone or laptop. You can create professional designs, edit videos like a pro, or write high-quality content, even if you’re starting from scratch.

3. Unlock Creativity

AI can spark ideas, help you brainstorm, and even generate first drafts for your work. Writers, content creators, small business owners, and students can all benefit. You don’t replace your creativity — you amplify it.

Read Also: FAAN orders removal of vehicles from airport road

4. Start Earning Smarter

Freelancers, side hustlers, and entrepreneurs are already using AI to make money: social media management, digital design, copywriting, even tutoring. Learning to use AI isn’t just convenient — it’s an investment in income.

5. Stay Relevant in a Fast-Changing World

The world is moving towards automation and digital-first solutions. People who understand AI today will be better prepared for jobs, opportunities, and trends tomorrow. Staying behind isn’t an option anymore — especially in a place like Nigeria where the hustle never stops.

AI is no longer a luxury — it’s a tool. It’s here to help you work smarter, create more, and compete on a global scale. The question isn’t whether AI will affect your life. It’s whether you’ll start using it now, or wait until everyone else is ahead.

November 11, 2025
ALTON warns NASS against regulatory overlaps in proposed digital economy bill

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has cautioned the National Assembly against creating overlapping regulatory mandates in the proposed *National Digital Economy and E-Governance Bill, 2025, warning that such duplication could destabilize Nigeria’s digital ecosystem and discourage investment.

The bill seeks to establish a comprehensive legal framework for digital governance, cybersecurity, data protection, and electronic transactions across both public and private sectors.

Speaking at a joint public hearing of the Senate and House of Representatives Committees on ICT, Cybersecurity, and Digital Economy in Abuja, ALTON Chairman, Gbenga Adebayo, described the bill as “a bold and visionary step” toward institutionalizing Nigeria’s digital economy.

However, he emphasized that its success would depend on clear role delineation, regulatory coherence, and respect for institutional independence.

“While we commend the intent of this Bill to promote e-governance and digital innovation, we must ensure that it complements, not overrides, existing sectoral laws,” Adebayo said. “There must be a clear delineation between the roles of the Nigerian Communications Commission (NCC) and the National Information Technology Development Agency (NITDA) to avoid duplication and confusion.”

ALTON noted that several provisions of the Bill assign extensive powers to NITDA—many of which overlap with the statutory responsibilities of the NCC.

Adebayo maintained that the NCC, by law, should continue to regulate telecommunications networks, infrastructure, and digital services, while NITDA should focus on digital policy, e-governance, and standards.

“The NCC has decades of experience managing technical regulation and industry compliance,” he said. “Overlapping mandates will not only cause confusion but also expose operators to multiple, conflicting regulatory demands.”

READ ALSO; Progressive governors laud Tinubu’s security overhaul

On the Bill’s provisions related to Artificial Intelligence (AI), ALTON urged lawmakers to align Nigeria’s framework with international best practices. Adebayo proposed that policy formulation be led by NITDA, while technical regulation remains under the NCC’s purview—mirroring successful models in the United Kingdom, India, and the European Union.

“AI regulation must encourage innovation while ensuring accountability,” he added. “This dual structure has proven effective globally and will ensure Nigeria remains competitive in the digital era.”

The telecom operators also raised concerns over proposed certification and liability frameworks for trust service providers, warning that these could impose unnecessary compliance burdens on licensed operators already regulated by the NCC.

Adebayo suggested that such provisions should apply primarily to public-sector digital platforms, not private telecom firms.

ALTON further urged a review of Section 82 of the draft Bill, which empowers the supervising minister to issue directives to regulatory bodies. Adebayo cautioned that excessive ministerial control could undermine regulatory independence, weaken investor confidence, and contradict global governance standards.

“We must separate ministerial policy direction from operational regulation.

“A politically neutral, professionally driven regulatory regime is the foundation of investor trust and market stability,” he said.

To ensure coherence in Nigeria’s digital governance landscape, ALTON proposed embedding a National Digital Cooperation and Interoperability Framework within the Bill.

This, Adebayo explained, would formalise coordination among key agencies such as NITDA, NCC, the Nigeria Data Protection Commission (NDPC), and the Office of the National Security Adviser (ONSA).

Adebayo reaffirmed ALTON’s support for Nigeria’s digital transformation agenda, adding that the telecom sector stands ready to partner with the government to deliver a secure, innovative, and inclusive digital economy, but only if the legal framework promotes clarity and collaboration.

“Our position is simple. The Bill should promote harmony, not hierarchy.

“Let every institution perform its role within clearly defined limits. That is the only way to build investor confidence and drive sustainable growth in Nigeria’s digital future,” he said.

Speaker of the House of Representatives, Tajudeen Abbas, represented by Hon Abiodun Ishaq Akinlade, said the bill represents a “historic leap” toward positioning Nigeria for the realities of the digital age.

He noted that no nation can afford to lag in digital transformation, describing the bill as fundamental to economic sustainability, national security, and public sector transparency.

“This bill aims to create a strong framework for efficient governance, national security, and public service delivery through technology,” Abbas said.

“It provides support for international digital trade, investment, and builds our capacity for secure digital operations.”

Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, commended the legislature for its “visionary and painstaking work” on the bill, describing it as a major step toward unlocking Nigeria’s digital potential.

He revealed that the ICT and digital economy sector, which previously contributed between 16 and 18 percent to the country’s GDP, is now tracking at 19 percent.

The administration, he said, is targeting a 21 percent contribution by the end of President Tinubu’s term.

“This bill will open up opportunities for our private sector to innovate and invest,” the minister said.

“We have chosen the path of building foundational infrastructure and policies that will allow technology to power every aspect of our economy.”

Tijani also disclosed that over 20 million Nigerians remain unconnected to the internet, adding that the government is deploying connectivity infrastructure across nearly 4,000 unserved towns and communities.

Senate President Godswill Akpabio, represented by the Deputy Senate Leader, Oyelola Ashiru, noted that the bill is not merely text on paper but represents a vision, a framework for how we perceive Nigeria’s role in the digital era.

Akpabio said, “It embodies our ambition to build governance systems that are transparent, efficient, and responsive.

“Where governance was once opaque, it will now become transparent. Where the economy once stumbled, it will now grow stronger.

“The bill seeks to grant legal recognition to digital communications, electronic signatures, and online records.

“It harmonizes our existing laws to provide clarity for the complexities of the modern economy.

“We, the men and women entrusted with the destiny of our people, must act with vigilance and resolve.

“The machinery of progress is not self-operating; it demands leadership.

“I commend the Senate Committee on ICT and Cybersecurity, and their counterparts in the House of Representatives, for their dedication and unity of purpose.

“We must recognize that digital technologies, while opening gates of opportunity, also create new frontiers of conflict.

“Our responsibility is not to worship technology, but to wield it for the service of humanity, to educate the child in the village, empower the trader in the market, inform the citizen, and uphold the integrity of the state.

“In the 10th National Assembly, we have resolved to leave behind not excuses but evidence, evidence of action, foresight, and commitment to progress.

“We stand today at the crossroads of our nation’s digital destiny. We must choose the path of progress by enacting laws that promote digital growth, protect innovation, and preserve the dignity of every Nigerian who dares to dream in data and technology.

“The time for timidity is gone. The era of isolation is over. Let us move forward in unity and with unshakable resolve.

“Let this moment mark a new covenant between generations, one that ensures Nigeria will not be left behind in the digital revolution.”

Chairman of the Senate Committee on ICT, Senator Shuaib Afolabi Salisu, said the legislation, when passed into law, will be the first in Africa as far as the digital economy and e-governance are concerned.

He said, “The objective of this bill is to provide regulatory clarity for electronic transactions in the country.

“The second objective is to mandate government agencies to digitise their operations and services.

The law, when put in place, will serve as the backbone of the digital economy.”

Chairman of the House Committee on ICT, Hon Adedeji Olajide, said the bill, when passed into law, would bring about the digital transformation of the country.

All stakeholders present at the public hearing, like the Nigerian Communications Commission (NCC), Nigeria Communication Satellite (NICOMSAT), Nigeria Postal Services (NIPOST), Galaxy Backbone, Office of the Head of Service, etc, supported the proposed legislation.

November 10, 2025
‘Why youth empowerment must drive Nigeria’s digital future’

A youth development advocate and public sector innovator, Ilesanmi Ade-Ademola, has said Nigeria’s progress and sustainability depend largely on empowering its young population to lead in the digital space.

He stated that strength of any modern nation lies not just in its natural resources, but in the creativity and productivity of its people.

Speaking on importance of youth participation in technology and innovation, Ade-Ademola, who is also the Founder of Prime Property by LAH and the upcoming PrimePredict AI, a real estate intelligence platform leveraging data and technology to guide smarter investments across Africa stated that with over 60 percent of Nigeria’s population under the age of 30, the nation’s greatest potential lies in digital empowerment and innovation-driven youth inclusion.

He warned that despite this demographic advantage, millions of Nigerian youths remain disconnected from the digital economy due to limited access to relevant skills, mentorship, and infrastructure.

Read Also: APC’s Ukachukwu weeps over burning of APC supporter’s building

He said: “This gap is not just a social issue; it’s an economic loss of national proportion.”

Ade-Ademola maintained that true empowerment must transcend political rhetoric and token interventions.

He urged government agencies, private organisations and public institutions to invest in digital education, entrepreneurship, and innovation ecosystems across all regions of the country.

He noted that every young person trained in coding, digital product development, or technology-driven services contributes directly to the country’s GDP, job creation, and global competitiveness.

“When young people are given the tools to succeed, they don’t just empower themselves, they become creators, innovators, and employers.”

Drawing from his experience in leading youth empowerment and digital innovation programs, Ade-Ademola highlighted numerous success stories of young Nigerians who have leveraged technology to transform their lives and communities, from artisans learning digital skills to students turning local challenges into viable tech solutions.

He however said Nigeria’s economic future would not be built by oil or politics, but by innovation and human capital development, calling for a deliberate national shift from consumption to creation and from dependence to digital independence.

“If we truly want a nation that competes globally, we must empower our young people not just to dream, but to build to create solutions, drive industries, and shape the next wave of Africa’s digital leadership.”

November 9, 2025
Why Gifting Platforms Like Yefepere Are The Future Of Local Business In Nigeria

Gift-giving has long been a significant aspect of Nigerian culture. From birthdays to weddings, people show care and connection through thoughtful presents. However, in recent years, this long-standing tradition has undergone a digital transformation. With more Nigerians relying on mobile phones and messaging platforms, gifting is no longer limited to physical stores or in-person exchanges.

A new kind of business is emerging at the intersection of technology and emotion, where sending gifts has become as easy as sending a message. Among the companies leading this shift is Yefepere, a tech-enabled gifting platform that allows people to send cakes and surprises to loved ones across cities in a few clicks.

By blending emotional connection with efficient logistics, Yefepere is quietly transforming how small businesses, bakers, and local delivery agents operate in Nigeria’s fast-evolving digital economy. From cake delivery in Nigerian cities to worldwide gifting, it’s shaping how technology supports celebration and connection.

The Rise Of Gifting-As-A-Service

The rise of online gifting platforms marks a new chapter for local commerce in Nigeria. What used to be a manual process of finding a baker, confirming payment, and arranging delivery now happens seamlessly through technology. This model, sometimes called Gifting-As-A-Service, combines convenience, personalization, and logistics into one system.

Yefepere has mastered this approach by creating an ecosystem where every cake order supports a chain of small businesses. Customers can place an order online, and within hours, local bakers and dispatch riders collaborate to bring that order to life. The process is fast, transparent, and powered by communication tools that make it easy for users to stay informed from order to delivery.

This evolution shows how digital tools can transform ordinary cultural practices into sustainable business models. By simplifying how people celebrate, platforms like Yefepere are not just delivering cakes, they’re building an economy around shared experiences and emotional connection. From cake delivery to your loved ones to remote surprises across states, this shift represents how trust-driven technology can fuel modern commerce.

Empowering Local Businesses Through Tech

Behind every Yefepere order is a network of small business owners, bakers, decorators, and dispatch riders, who form the backbone of the gifting economy. These entrepreneurs often operate within Nigeria’s informal sector, where access to customers, logistics, and visibility can be a challenge.

Through its digital platform, Yefepere connects these local vendors to a broader customer base. Bakers who once relied on word-of-mouth referrals now receive consistent orders from across the city. Dispatch riders receive structured delivery opportunities, while customers enjoy a reliable and professional service.

By simplifying customer communication through WhatsApp and real-time order tracking, Yefepere bridges the digital divide for small businesses. As an official WhatsApp Business API solution provider, the system enhances communication flow while supporting entrepreneurs who are new to digital tools. It allows them to compete and thrive in an online economy without needing complex tech skills.

The Emotional Side Of Digital Commerce

Beyond technology and convenience, Yefepere’s success is deeply rooted in emotion. Gifting in Nigeria has always carried cultural weight; it signifies love, appreciation, and community. Yefepere translates this cultural tradition into the digital age by making it easier for people to celebrate others, even from a distance.

Through its seamless ordering system, customers can send cakes to loved ones across different cities with just a few clicks. Whether it is a surprise birthday treat or a spontaneous show of affection, every order represents a moment of joy delivered in real time.

This emotional connection is what sets Yefepere apart. It does not just deliver cakes; it delivers experiences. By merging technology with the timeless value of thoughtfulness, Yefepere shows how digital innovation can preserve culture while adapting it to modern lifestyles. For many users, cake delivery in Nigeria is no longer just a service; it’s a way to stay emotionally connected in a fast-paced world.

Conclusion

Yefepere’s story shows how innovation can stay human at its core. By combining local enterprise, reliable logistics, and technology, the brand has transformed something as simple as moving to order a cake online into an experience that bridges distance and deepens connection.

It reflects a broader truth about Nigeria’s evolving digital economy: growth comes not only from apps and automation but from understanding people’s emotions and everyday needs.

As digital adoption continues to rise, Yefepere stands as a reminder that technology works best when it serves love, community, and celebration.

November 8, 2025
How Advanced Algorithmic Charting Tools Are Transforming Nigerian Trading Apps

In Nigeria, technology continues to redefine how people approach financial markets. What once required large desktop screens and complex platforms is now available on mobile devices in ways that empower everyday traders. The rapid adoption of algorithmic charting tools has opened new opportunities for Nigerians to analyse, predict, and execute trades with greater confidence. These tools are no longer exclusive to institutional investors but are becoming a vital feature of applications designed for retail users.

The Rise of Mobile Platforms in Nigeria

For many Nigerian traders, the mobile trading app has become the central hub for participating in global markets. The convenience of accessing live price data, opening and closing positions, and monitoring risk from anywhere has made mobile platforms the preferred choice. As internet penetration increases across the country, more traders are moving away from desktop-only experiences and embracing mobile-first solutions.

The growth of mobile platforms has also created demand for more advanced charting capabilities. Nigerian traders do not just want to see price movements, they want to interpret them with the same level of detail that professional traders rely on. This demand has pushed developers to integrate algorithm-driven features directly into mobile applications.

Understanding Algorithmic Charting

Algorithmic charting refers to the use of programmed mathematical models to identify patterns and opportunities within price data. Instead of relying solely on visual interpretation, traders can access automated signals that highlight potential entry and exit points. In Nigeria where many traders are still building their technical knowledge, algorithmic charting tools provide a bridge that makes complex analysis more accessible.

These tools go beyond standard moving averages or trend lines. They can detect market momentum, volatility clusters, and potential reversals within seconds. By embedding these functions into trading applications, Nigerian users now have access to professional-level analytics without needing years of technical study.

Why Nigerian Traders Value These Tools

The Nigerian trading landscape is fast-paced and often influenced by both global and local economic developments. Having real-time algorithmic tools on mobile apps helps traders keep up with sudden changes. For instance, when currency volatility spikes due to oil price fluctuations or central bank policies, traders can quickly rely on algorithmic signals to guide their decisions.

Some of the major benefits Nigerian traders associate with these tools include:

● Faster decision making since signals are processed automatically

● Reduced emotional bias as trading is guided by rules rather than instinct

● Access to strategies that were previously reserved for large financial institutions

This combination of speed, objectivity, and accessibility has made algorithmic charting highly attractive to Nigerian retail traders.

Transformation of Local Trading Apps

Many Nigerian-focused trading apps have evolved from offering basic price feeds to delivering full algorithmic charting packages. These features allow users to analyse historical data, test strategies, and execute trades directly from the same platform. For younger traders who grew up with smartphones, the seamless integration of analysis and execution has become the standard expectation.

In Lagos, Abuja, and Port Harcourt where fintech activity is rapidly growing, developers are racing to add more intelligent charting solutions. By doing so, they aim to capture a larger share of the retail trading market. This transformation is not only technological but also cultural, as it introduces a generation of Nigerian traders to more disciplined and data-driven practices.

Bridging Knowledge Gaps

One of the challenges in the Nigerian trading community has been limited access to formal education in financial markets. Algorithmic charting tools are helping to bridge this gap. By simplifying complex technical indicators into user-friendly visuals and alerts, these tools provide learning opportunities for beginners while still offering advanced features for experienced traders.

As more Nigerians join the trading ecosystem, mobile apps with algorithmic features are becoming informal classrooms. They encourage users to understand why certain signals appear and how they can be used within broader strategies. This dual role of education and execution has strengthened the appeal of advanced trading platforms in Nigeria.

The Role of Data in Modern Trading

Behind algorithmic charting lies data. Nigerian traders are becoming increasingly aware of how valuable accurate, real-time data is to their success. Trading apps that integrate live market feeds with algorithmic engines offer a competitive edge. For example, a trader analysing the Nigerian naira against the US dollar can quickly spot developing trends that may not be visible with traditional charts.

Data-driven insights also reduce the risks of acting on rumoursor guesswork. In a market where social media can easily influence sentiment, algorithmic tools bring a level of discipline by focusing purely on numbers and patterns.

Future Outlook for Nigerian Trading Apps

As Nigeria continues to strengthen its digital infrastructure, the role of advanced charting tools will expand even further. We can expect trading apps to integrate artificial intelligence that learns from user behaviour, offering more personalised insights. Predictive analytics, voice-activated commands, and deeper integration with global financial news are also likely developments.

Importantly, the Nigerian market is youthful and tech-savvy. This demographic is eager to explore modern tools that make trading more efficient and transparent. As algorithmic charting becomes standard, Nigerian traders will not only keep pace with global markets but may also set new trends in how mobile trading evolves.

Conclusion

The rise of advanced algorithmic charting is transforming the way Nigerians trade on mobile platforms. With improved access to professional-level tools, retail traders in Nigeria are finding new ways to manage risk, identify opportunities, and trade more confidently. By moving beyond basic charts and embracing data-driven analysis, Nigerian trading apps are reshaping the financial landscape. This transformation is giving both new and experienced traders the resources they need to succeed in the fast-moving world of global markets.

November 7, 2025