Business Hilights

Tracking Nigeria's Headline Business News Online

NOTAP

ISPON Exco
ICT

‘Only mandatory adoption of local software can save $400m yearly capital flights’

Leading stakeholders’ in Nigeria’s ICT has decried the annual $400m capital flights bleeding away from the ailing economy on accounts of yearly licence renewal for foreign software without recourse to indigenous software that could perform the exact task. Reviewing the…

NOTAP fails, as banks continue to buy foreign software to run new products

Barely two months after announcing in Abuja that it will start refusing the application of banks for foreign software purchases because of the drain on the nation’s foreign exchange reserves, the National Office for Technology Acquisition and Promotion (NOTAP), has…

ISPON-Logo 2
ICT

ISPON indicts NOTAP, NITDA in proliferation of foreign software, killing local content

Considering the surge in capital flights involved in the purchase of foreign software by Ministries, Departments and Agencies (MDAs) and telecoms companies mainly from India and China, leadership of the Institute of Software Practitioners of Nigeria (ISPON) has called for…