30 November 2012

Nigeria: 'ICT Will Continue to Shape Global Businesses'

Information Technology will continue to shape and determine the direction and manner in which global business is being carried out, Director, Banking and Supervision, Central Bank of Nigeria, Mrs. Agnes Martins, has said.

Delivering her address at the opening ceremony of the Information's Systems Audit and Control Association's 4th Abuja annual conference in Abuja, she urged the participants to further come up with recommendations that would increase individual and organizational confidence in information systems to get maximum value from them, especially in Nigeria and other developing nations.

One of the challenges of ICT which she identified was the issue of inadequacies in the legal framework on issues concerning the legal relationships and rights of users and vendors of the systems.

"These have delayed in no small measure our ability to develop the full potential of our information system both in terms of depth and reach," she said.

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