Nigeria: Why I Founded a Tech Firm 30 Years Ago - Jim Ovia

A renowned banker and industrialist, Dr. Jim Ovia, has said he founded Cyberspace Limited three decades ago to provide connectivity services to improve Nigeria's economy.

The firm, one of the pioneers in Nigeria's ICT landscape, proudly announces its 30th anniversary celebration, "marking three decades of innovation, transformation, and service excellence".

Established in 1995 as a dial-up Internet Service Provider (ISP), the company has grown into a leading systems integration powerhouse, delivering mission-critical connectivity and enterprise solutions across sectors.

From humble beginnings, Dr Ovia in a statement said Cyberspace has evolved to become a trusted provider of connectivity services to most Nigerian banks, government institutions, high-net-worth individuals, and corporate organisations, using best-of-breed technologies.

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Speaking during a media briefing at the company's headquarters in Lagos, Engr. Joe Onwubuya, Managing Director also shared insights on the journey so far and the future ahead.

"This 30th Anniversary is not just a celebration of longevity, but a reflection of resilience, innovation, and strategic foresight. As we look to the future, our focus remains on enabling Nigeria's digital transformation agenda through smart, scalable solutions in connectivity, cybersecurity, enterprise software, fintech and cloud services. We appreciate the pivotal role played by the Nigerian Communications Commission (NCC), whose regulatory support has made much of our success possible," he said.

Onwubuya also announced the successful spin-off of two former Strategic Business Units--CyberPay and CyberCloud--into independent entities serving the fintech and cloud computing needs of businesses in Nigeria and beyond.

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